Europe Solar Photovoltaic Panel Industry Size, Share, Revenue, Growth Rate: Ken Research



What Is the Size of Europe Solar Photovoltaic Panel Industry?

Europe Solar Photovoltaic Panel Market is growing at a CAGR of ~% in 2017-2021 and is expected to reach ~USD Bn by 2027F. The growth of Solar Photovoltaic Panel market in Europe is driven owing to net metering system that uses a discount mechanism to balance annual energy that is delivered and purchased.

Furthermore, the rising prevalence of rooftop solar over next few years is expected to propel the growth of market due to the government policies and initiatives mandating solar panels on the rooftops of all commercial and new buildings.

Land accessibility for new utility scale projects is one the major challenge in the Europe solar photovoltaic panel market.  The difficulties are faced in accessing land for ground-mounted PV projects specifically in agricultural land due to social acceptance.  Hence, there needs to be plans in regards to the impact on soils and biodiversity. Utility segment is the largest End User segment in the Europe Solar Photovoltaic Panel market. The large market share is attributed to a huge number of projects under construction and in pipelines. It is further aided by the growing demand for clean electricity.

Europe Solar Photovoltaic Panel Market by Technology

The Monocrystalline Silicon segment in Europe Solar Photovoltaic Panel Market is growing at a CAGR of ~% in 2017-2021 and is expected to reach ~USD Bn by 2027F. Monocrystalline solar panels have solar cells made from a single crystal of silicon and have efficiency rate of 17% to 22%.

Following the Monocrystalline Silicon segment, the thin-film will experience the fastest growth during the forecasted period. The thin-film modules require less semiconductor material in the manufacturing process, because of which they are lightweight and highly resistant to degradation.

Europe Solar Photovoltaic Panel Market by Connectivity

The Europe off-grid segment market is growing at a fastest CAGR of ~% in 2017-2021 and is expected to reach ~USD Bn by 2027F. This is mainly due to of various regulatory policies for decentralizing the power generation sector.

On-grid solar panel has low operating and maintenance cost. The cost of on-grid solar is low as the excess electricity generated is transmitted to the grid eliminating the requirement of installing a battery system. On-grid solar panels are the panels that are connected to the local utility’s grid.

Europe Solar Photovoltaic Panel Market by Deployment

The rooftop solar segment in the Europe Solar Photovoltaic Panel Market is growing at the highest CAGR of ~% in 2017-2021 and is expected to reach ~USD Bn by 2027F. This growth is due to government policies and initiatives mandating solar panels on the rooftops of all commercial and new buildings. Berlin’s “SolarCity Master Plan” to expand the deployment of rooftop solar panels across the city to cater to around 25% of the electricity needed by 2050 is likely to be an expansion factor for rooftop solar panels in Germany.

Ground-mounted solar panel is a free-standing solar array mounted on the ground with the help of steel beams or metal posts. These are installed in open areas or carports over a parking lot. Solar panels installed in the carport provides shading, lighting, and protection to parked cars. Ground-mounted solar panels generate higher energy due to its increased efficiency which is likely to propel the demand.

Key Segments Covered in Europe Solar Photovoltaic Panel Market: –

Europe Solar Photovoltaic Panel Market by Technology

Monocrystalline Silicon

Thin-Film

Polycrystalline Silicon

Others

Europe Solar Photovoltaic Panel Market by Connectivity

On-Grid

Off-Grid

Europe Solar Photovoltaic Panel Market by Deployment

Ground-Mounted

Rooftop Solar

Europe Solar Photovoltaic Panel Market by End User Segment

Residential

Commercial

Industrial

Utility

Europe Solar Photovoltaic Panel Market by Geography and Major Countries

Germany

Spain

The Netherlands

France

Poland

Key Target Audience: –

Solar Cells Manufacturers

Solar Panel Manufacturers

Solar Panel Raw Material Suppliers

Solar Panel Assemblers

Solar Panel Distributors

Solar Energy Equipment Assemblers

Solar Power Generation Equipment Manufacturers

Utilities Departments

Solar Energy Research Organizations

Renewable Energy Research Organizations

Investment Funds

Independent Power Producers (IPP)

Allied/Auxiliary industries for Solar Panels

Potential Investors in Solar Panel Companies

Renewable Energy Providers

Ministries of Energy and Power Generation

Ministries of Energy and Power Distribution

Environment Control and Emission Regulatory Organizations

Time Period Captured in the Report: –

Historical Period: 2017-2021

Forecast Period: 2022-2027F

Major Solar Photovoltaic Panel Companies in Europe Mentioned in the Report: –

Jinko Solar

Canadian Solar

First Solar

Hanwha Corporation

SHARP Corporation

Trina Solar

JA Solar Technology Co., Ltd

Photowatt

Solarwatt

Luxor Solar

Megasol Energy Ltd.

SoliTek

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Notable Emerging Solar Photovoltaic Panel Companies in Europe Mentioned in the Report: –

Soluxtec GmbH

AxSun Solar GmbH & Co. KG

aleo solar

Calyxo TS Solar GmbH

Onyx Solar Group LLC

SolarMente

Zytech Solar

4solar

ARIENS SOLAR

Corab

Eolus

SOLEMS S.A.

beem-energy

Sillia Energia

VOLTEC solar

Key Topics Covered in the Report: –

Snapshot of Europe Solar Photovoltaic Panel Market

Industry Value Chain and Ecosystem Analysis

Market size and Segmentation of Europe Solar Photovoltaic Panel Market

Historic Growth of Overall Europe Solar Photovoltaic Panel Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of Europe Solar Photovoltaic Panel Industry

Overview, Product Offerings, and SWOT Analysis of All the Key Competitors

Covid 19 Impact on the Overall Europe Solar Photovoltaic Panel Market

Future Market Forecast and Growth Rates of the Total Europe Solar Photovoltaic Panel Market and by Segments

Market Size of End User Industries with Historical CAGR and Future Forecasts

Analysis of Europe Solar Photovoltaic Panel Market in Major European Countries

Major Production / Consumption Hubs in the Major Countries

Major Production/Supply and Consumption/Demand Hubs in Each Major Country

Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging Europe Solar Photovoltaic Panel Companies within Each Major Country

Ground-mounted Solar Photovoltaic Panel Market

Solar Photovoltaic Panel Ground-Mounted Market

Ground-mounted Solar PV Panel Market

Solar PV Panel Ground-Mounted Market

Rooftop Solar Photovoltaic Panel Market

Solar Photovoltaic Panel Rooftop Market

Covid-19 Impact on Solar Photovoltaic Panel Market

Covid-19 Impact on Solar PV Panel Market

Covid-19 Impact on Photovoltaic Panel Market

Commercial Photovoltaic Panel Market

Hanwha Corporation Solar Photovoltaic Panel Market

Canadian Solar Inc. Solar Photovoltaic Panel Market

Trina Solar Photovoltaic Panel Market

First Solar Photovoltaic Panel Market

JA Solar Photovoltaic Panel Market

For More Information on the research report, refer to below link: –

Europe Solar Photovoltaic Panel Market

Contact Us: –
Ken Research
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com
+91-9015378249



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