Solar Powered Agricultural Dryer Market Size & Share, by Type (Solar Box, Solar Cabinet, Solar Tunnel); Design (Natural Convection Dryer, Forced Convection Dryer); Mode (Direct, Indirect, Hybrid) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5818
  • Published Date: Mar 05, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Solar Powered Agricultural Dryer Market size is expected to reach USD 45 Billion by the end of 2036, growing at a CAGR of 6% during the forecast period i.e., 2024-2036. In the year 2023, industry size of solar powered agricultural dryer was over USD 8 Billion Agricultural dryers driven by solar energy are economical, simple to install, and run without the need for traditional fuel. In theory, 2.4 MJ of energy are required for each liter of water that evaporates during the drying process. For instance, a new initiative in Peru to process coffee beans using solar dryers was launched by Energising Development, a global flagship program to promote energy access worldwide. As a result, the beans' humidity dropped to about 25%.

The increased consumer awareness of organic products is driving up demand for solar-powered farm dryers. Rather than using conventional dryers that burn fossil fuels, farmers are searching for renewable alternatives.  It is also hoped that newer methods, such open-air drying, which allows farmers to use solar-powered dryers to meet their energy needs for higher crop output, would help reduce carbon footprints. Because organic products are produced without the use of artificial fertilizers and pesticides, they are more susceptible to rotting and pest infestation. Farmers can now maintain the quality of their organic produce by drying them quickly and effectively with solar-powered agricultural dryers, which lowers the chance of spoiling and pest infestation.


Solar Powered Agricultural Dryer Market
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Solar Powered Agricultural Dryer Market: Growth Drivers and Challenges

Growth Driver

  • Government Incentives for Integration of Renewable Energy Sources - The use of solar energy as an alternative to traditional dryers that are powered by nonrenewable sources is a more cost-efficient option for farmers. The government may provide tax incentives or other financial assistance to farmers investing in solar powered agricultural dryers, which are expected to further reduce their operating costs. For instance, a number of schemes have been implemented by the Government of Tamil Nadu in India with an aim to increase farmers' profits. Around 40% of the total cost of solar drying unit would be directly paid to the farmer’s bank account as back ended subsidy as of Agricultural Engineering Department. More of these schemes can help to increase the number of farmers that adopt this technology and contribute to driving growth in the solar powered agricultural dryer market. The government may also provide financial support to farmers who do not have an initial capital gain for purchasing or investing in Solar Powered Agriculture Dryers, except as regards tax subsidiaries.
  • Growing Agriculture and Food Processing Sector - A major driver of the global solar powered agricultural dryer market is the growth in agricultural and food processing industries around the world. Efficient and reliable drying solutions for different products are needed in these sectors, which are vital to ensuring food security and meeting the needs of an increasing population. In order to meet the increasing demand for dried fruits, vegetables, grains and other agricultural products, solar-powered agricultural dryers are increasingly being used in these sectors, offering a sustainable and cost-effective alternative.

Challenges

  • Initial Capital Investment Required - The significant initial capital investment required for the purchase and installation of solar drying systems is one of the main challenges faced by the global solar powered agricultural dryer market. While solar dryers offer long-term benefits such as reduced operating costs and environmental impact, sustainability, particularly in regions with limited financial resources, the upfront costs can act as a deterrent to potential adoption. It can be challenging for smaller farmers, businesses or households to adopt this technology due to the large cost of quality solar drying equipment, sophisticated control systems and effective heat retention mechanisms.
  • Lack of Standardization is anticipated to hamper the market growth in the forecast period
  • Lack of skilled labor is expected to hinder the solar powered agricultural dryer market expansion in the upcoming period.

Solar Powered Agricultural Dryer Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~6%

Base Year Market Size

~USD 8 billion

Forecast Year Market Size

~USD 45 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Solar Powered Agricultural Dryer Segmentation

Mode (Direct, Indirect, Hybrid)

Based on mode, direct mode segment is predicted to account for 50% share of the global solar powered agricultural dryer market during the time period 2024-2036. They are relatively inexpensive to purchase and operate as they do not require any external energy sources. They are easy to build and use, even for farmers with limited technical knowledge. They are sustainable ways to dry agricultural products as they use renewable energy from the sun. Additionally, they can be effective at drying a wide variety of agricultural products, including fruits, vegetables, herbs, and spices.

Type (Solar Box, Solar Cabinet, Solar Tunnel)

Based on type, the solar box segment in the solar powered agricultural dryer market is expected to hold the highest CAGR of 40% by the end of 2036. The type of solar dryer is usually user-friendly and easy to set up. They are attractive to small-scale farmers, entrepreneurs and community initiatives where advanced technical expertise may be limited because of the simple design and functionality. Box-type Solar dryers can be built with locally available materials, and there is a possibility of do-it-yourself techniques. Box-type solar dryers are frequently able to scale up, allowing users to adapt the size of the system according to their specific needs. For companies with different production volumes, this scalability may be beneficial.

Our in-depth analysis of the global solar powered agricultural dryer market includes the following segments:

          Type

  • Solar Box
  • Solar Cabinet
  • Solar Tunnel

          Design

  • Natural Convection Dryer
  • Forced Convection Dryer

          Mode

  • Direct
  • Indirect
  • Hybrid

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Solar Powered Agricultural Dryer Industry - Regional Synopsis

APAC Market Forecasts

The solar powered agricultural dryer market in the Asia Pacific region is expected to hold the largest revenue share of 33% by the end of 2036. There are several countries in the Asia Pacific with well-developed industrial economies, such as Japan, Australia, and New Zealand, many of whom have emerging or developing economies. Increasing awareness of the benefits of solar dryers, government initiatives to promote the use of renewable energy sources, and increased demand for organic farming practices are major factors driving demand across Asia's developing countries. Agriculture, which employs millions of people and contributes to food security and rural development, has a significant role to play in the region's economy. Drying agricultural products like grains, fruits, vegetables, herbs, and spices with solar dryers is an effective and environmentally sustainable solution. Market growth in Asia Pacific is driven by the widespread use of solar dryers in the agricultural sector.

European Market Statistics

The solar powered agricultural dryer market in the Europe region is expected to grow significantly by the end of the forecast period. Consumers in the region are increasingly concerned about the environmental impact of food production, and solar dryers offer a sustainable alternative to traditional fossil fuel-powered dryers. The European Union has set ambitious targets for reducing greenhouse gas emissions and many European governments are providing financial incentives for the adoption of renewable energy technologies comprising solar dryers. According to estimates, the EU economy's greenhouse gas emissions in the third quarter of 2023 were 787 million tonnes of CO2-equivalents, a 7.1% reduction from the same period in 2022.

Research Nester
Solarpowered Agricultural Dryer Market size
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Companies Dominating the Solar Powered Agricultural Dryer Market

top-features-companies
    • GrainPro Inc
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Rudra Solar Energy
    • S4S Technology
    • Solarflex Inc.
    • JUA Technologies
    • SunDry Solutions Inc.
    • SolarHarvest Technologies LLC
    • AgriSolar Systems International
    • GreenEnergy Drying Solutions Corporation
    • SUnCrop Innovation Ltd

In-the-news

In The News

  • Malnutrition Matters and Solar Flex Inc. collaborated to create a novel solar fruit and vegetable dryer with a flexible design and low production costs. Using this technology to dry fruits and vegetables is an affordable, long-term food storage solution that does not require external electricity to operate and does away with the need for chemical preservatives.
  • The U.S. Department of Agriculture awarded JUA Technologies International, a startup in agriculture technology that makes solar-powered crop dehydrators, a two-year, USD 600,000 Phase II Small Business Innovation Research grant in December 2022 so that the company may continue developing its invention.

Author Credits:  Payel Roy, Dhruv Bhatia


  • Report ID: 5818
  • Published Date: Mar 05, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing demand in agriculture sector and increasing consumer awareness for organic products are some of the major factors anticipated to drive the growth of the acetal copolymers market.

The market is anticipated to attain a CAGR of 6% over the forecast period, i.e., 2024-2036.

The major players in the market are of Rudra Solar Energy, S4S Technology, Solarflex Inc., JUA Technologies, SunDry Solutions Inc., and others.

The direct segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in Asia Pacific is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Solar Powered Agricultural Dryer Market Report Scope
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