Home > Energy & Power > Electrical Equipment > Solar Parts and Components > Europe Solar PV Market

Europe Solar PV Market Share

Report ID: GMI6669
Published Date: Nov 2024
Report Format: PDF

Download Free Sample

Europe Solar PV Market Share

The European solar industry includes a mix of global players and strong regional companies. The leading firms range from solar module manufacturers to project developers, EPC contractors, and operators of solar assets. It is dominated by large energy companies and developers who are constructing large solar farms. It benefits from economies of scale and is a growing market in Southern Europe and increasingly in Central and Eastern Europe. Further, Further, it is heavily influenced by national and EU-level policies and incentives aimed at decarbonizing the energy sector.

Europe Solar PV Market Companies

Eminent players operating in the Europe solar PV industry are:

Canadian Solar
CsunSolarTech
EMMVEE SOLAR
First Solar
JA SOLAR Technology Co., Ltd.
Jinko Solar
LG Electronics
Q CELLS
REC Solar Holdings AS
Renesola
Shunfeng International Clean Energy
Solaria Corporation
Solar Frontier KK
Trina Solar
Yingli Solar

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The European market for solar PV was reached USD 63.1 billion in 2024 and is estimated to grow at a 7% CAGR from 2025 to 2034, driven by increased emphasis on green energy and net-zero goals.

The on-grid segment is projected to exceed USD 122 billion by 2034, due to features like advanced monitoring, remote control, and grid balancing capabilities.

The ground-mounted segment is anticipated to grow at a CAGR of over 7% through 2034, bolstered by advancements in solar panel technology and increased efficiency and durability.

The Germany solar PV module market is expected to surpass USD 49 billion by 2034, led by new regulations, mandates, and continuous improvements in building infrastructures.