richa sharma July 29, 2022

Impact of COVID-19 on Europe Solar Photovoltaic Panel Market: The shutdown of various manufacturing facilities has led to a decrease in the demand for power equipment hence affecting the solar PV panel market during the initial period of COVID-19 pandemic. Utility-scale projects had witnessed delays due to supply chain disruption, labor constraints, and construction delays for the initial few days. The distributed PV was more at risk as it relies on both individuals and SMEs who were severely affected by the Covid-19 lockdown. Despite of Covid-19 crisis the Solar PV Panel Market in Europe witnessed positive growth, owing to the continuous efforts to reach the climate goals. For instance, the Netherlands witnessed an addition of almost 3GW in 2020, and Poland grew by 28% as compared to 2019 becoming a ‘newcomer’ as it installed more than 1 GW in 2020.

Rising Prevalence of Rooftop SolarOver the next few years, the Solar Photovoltaic Panel market in Europe is growing due to the government policies and initiatives mandating solar panels on the rooftops of all commercial and new buildings. The new government regulation of mandating solar installation on new buildings in several cities of Germany as the country’s geography is more favorable for rooftop PV installation is likely to drive the market for rooftop solar.

Surging Demand for Utility Scale Projects: The 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. In Poland, the growth of utility large-scale projects is due to the fact that the country is already experiencing a shortage in energy production capacity and is likely to increase the demand for solar as the regulatory barriers are obstructing onshore wind development.

Analysts at Ken Research in their latest publication Europe Solar Photovoltaic Panel Market Outlook and Forecast to 2027 – Driven by Favorable Policies to Achieve Carbon Neutrality by 2050 and Integrated Market Structure Enabling Fast Projects: Ken Researchbelieve that the Solar Photovoltaic Panel is expected to grow owing to the various government regulation of mandating panels on the rooftops of all commercial and new buildings and a huge number of projects under construction and in pipelines.

europe-solar-photovoltaic-panel-market-key-findings

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

Companies Mentioned:-

Key Competitors in Europe Solar Photovoltaic Panel Market:-

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

Emerging Solar Photovoltaic Panel Companies in Europe

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

For more information on the research report, refer to below link:

https://www.kenresearch.com/business-research/europe-solar-photovoltaic-panel-market-outlook-and-forecast-to-2027/

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

Frequently Asked Questions:

What is the Study Period of this Market Report?

The Europe Solar Photovoltaic Panel Market is covered from 2017 – 2027 in this report, which includes a forecast for the period 2022-2027.

What is the Future Growth Rate of Europe Solar Photovoltaic Panel Market?

The Europe Solar Photovoltaic Panel Market is expected to witness a CAGR of about 19% over the next 5 years.

What are the Key Factors Driving the Europe Solar Photovoltaic Panel Market?

Net-metering system and favourable government policies are expected to be the primary drivers of this market.

Which is the Fastest Growing Technology Segment within the Europe Solar Photovoltaic Panel Market?

Monocrystalline Silicon is the fastest growing technology segment within the Europe Solar Photovoltaic Panel Market.

Who are the Key Players in Europe Solar Photovoltaic Panel Market?

Jinko Solar, Canadian Solar, First Solar, Hanwha Corporation, SHARP Corporation, Trina Solar, JA Solar Technology Co., Ltd, Photowatt, Solarwatt, Luxor Solar, Megasol Energy Ltd., and SoliTek are the major companies operating in Europe Solar Photovoltaic Panel Market.

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