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Europe Solar PV Module Market Share

Report ID: GMI6760
Published Date: Nov 2024
Report Format: PDF

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Europe Solar PV Module Market Share

Europe Solar PV Module Company Market Share

The solar photovoltaic (PV) module industry in Europe is dynamic and highly competitive, with several key players across the supply chain, ranging from module manufacturers to developers and system integrators. European companies are working to ramp up the domestic production. Additionally, the EU has set up plans including the European Solar PV Alliance to boost local manufacturing and reduce reliance on external supply chains.

Europe Solar PV Module Market Companies

Eminent players operating in the Europe solar PV module industry are:

BELECTRIC
Canadian Solar
CsunSolarTech
Eternia Solar
EMMVEE SOLAR
First Solar
JA SOLAR Technology
JinkoSolar
LG Electronics
LONGi
REC Solar Holdings
RENESOLA
Shunfeng International Clean Energy
SOLAR FRONTIER K.K.
The Solaria Corporation
Trina Solar
Vikram Solar
Yingli Solar

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The European market for solar PV module market was valued at 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 initiatives and achieving net-zero targets.

The crystalline technology segment is projected to reach USD 116 billion by 2034, influenced by streamlined manufacturing processes and a consistent decline in module costs.

The on-grid segment is anticipated to grow at a rate exceeding 6.5% CAGR through 2034, propelled by an increasing emphasis on sustainability and the recycling of end-of-life solar panels.

Germany solar PV module market is forecasted to exceed USD 50 billion by 2034, led by strategic government initiatives and increased local government involvement.

Key players in the Europe solar PV module market include BELECTRIC, Canadian Solar, CsunSolarTech, Eternia Solar, EMMVEE SOLAR, First Solar, JA SOLAR Technology, JinkoSolar, LG Electronics, LONGi, REC Solar Holdings, RENESOLA, Shunfeng International Clean Energy, SOLAR FRONTIER K.K., The Solaria Corporation, Trina Solar, Vikram Solar, and Yingli Solar.