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Europe Solar Power Equipment Market Size, Share & Industry Trends Analysis Report By Equipment, By Application, By Country and Growth Forecast, 2021-2027

  • ID: 5590237
  • Report
  • March 2022
  • Region: Europe
  • 81 Pages
  • Marqual IT Solutions Pvt. Ltd (KBV Research)

FEATURED COMPANIES

  • ABB Group
  • Canadian Solar Inc.
  • First Solar, Inc.
  • Hanwha Q CELLS Co., Ltd.
  • SunPower Corporation
  • Trina Solar Co., Ltd.
The Europe Solar Power Equipment Market is expected to witness market growth of 10.7% CAGR during the forecast period (2021 2027).

Solar panels are low-maintenance and can last for more than 30 years. Batteries can be used to store extra power for use at night. Solar energy has also benefited industries in improving their environmental profiles and lowering their operational expenses by allowing them to adopt it. The cost of solar equipment has decreased due to a significant number of technological developments, making it more affordable to household consumers. Additionally, technological improvements such as the advent of smart tracking systems have improved the efficiency of these solar power systems dramatically. Moreover, as fossil fuel reserves deplete, effective utilization of renewable energy sources has become a fundamental requirement.

In emerging markets, new solar power projects are launched and developed at a quick speed. The market for solar power equipment is likely to benefit greatly from greater emphasis on the usage of environment-friendly and green energy. All of these factors is expected to drive the solar power equipment market.

According to the data shared by the European Commission, solar power already provides a major contribution to the European energy mix with 3.6 percent of EU-28 total electricity generation in 2017. Solar power can become a major source of renewable energy in this region, with lower generation costs and more efficiency in converting sunshine to energy. In addition, Photovoltaics concentrated solar power, and solar heating and cooling are becoming the major focus of research and development. Solar-powered solutions for the generation of home hot water, district heating, as well as industrial or commercial uses are being developed through EU research and innovation.

Moreover, as per the Department for Business, Energy, and Industrial Strategy, between 2019 and 2020, a solar generation grew by 4.6%. The biggest rise of 5.2% occurred in England, followed by minor increases of 1.3% in Wales and by 0.3% in Scotland. These increases were fueled by a 1.8% rise in de-rated solar capacity across the UK in comparison to 2019, as well as a slight increase in sun hours within the county.

The Germany market dominated the Europe Solar Power Equipment Market by Country in 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $11,717 Million by 2027. The UK market is experiencing a CAGR of 11.6% during (2021 - 2027). Additionally, The France market is expected to witness a CAGR of 11.6% during (2021 - 2027).

Based on Equipment, the market is segmented into Solar Panels, Mounting, Racking, & Tracking System, and Storage System, and Others. Based on Application, the market is segmented into Utility, Residential, and Non-Residential. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Canadian Solar Inc., First Solar, Inc., Hanwha Q CELLS Co., Ltd., LONGi Green Energy Technology Co., Ltd., SunPower Corporation, Shunfeng International Clean Energy Co., Ltd., Jinko Solar Holding Co., Ltd., Trina Solar Co., Ltd., JA Solar Holdings Co., Ltd., and ABB Group.

Scope of the Study


Market Segments Covered in the Report:


By Equipment

  • Solar Panels
  • Mounting, Racking, & Tracking System
  • Storage System
  • Others

By Application

  • Utility
  • Residential
  • Non-Residential

By Country

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Key Market Players


List of Companies Profiled in the Report:

  • Canadian Solar Inc.
  • First Solar, Inc.
  • Hanwha Q CELLS Co., Ltd.
  • LONGi Green Energy Technology Co., Ltd.
  • SunPower Corporation
  • Shunfeng International Clean Energy Co., Ltd.
  • Jinko Solar Holding Co., Ltd.
  • Trina Solar Co., Ltd.
  • JA Solar Holdings Co., Ltd.
  • ABB Group

Unique Offerings from the publisher

  • Exhaustive coverage
  • The highest number of market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ABB Group
  • Canadian Solar Inc.
  • First Solar, Inc.
  • Hanwha Q CELLS Co., Ltd.
  • SunPower Corporation
  • Trina Solar Co., Ltd.

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Solar Power Equipment Market, by Equipment
1.4.2 Europe Solar Power Equipment Market, by Application
1.4.3 Europe Solar Power Equipment Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Publisher Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Business Expansions
3.2.5 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2020, Feb – 2022, Feb) Leading Players
Chapter 4. Europe Solar Power Equipment Market by Equipment
4.1 Europe Solar Panels Market by Country
4.2 Europe Mounting, Racking, & Tracking System Market by Country
4.3 Europe Storage System Market by Country
4.4 Europe Others Market by Country
Chapter 5. Europe Solar Power Equipment Market by Application
5.1 Europe Utility Market by Country
5.2 Europe Residential Market by Country
5.3 Europe Non-Residential Market by Country
Chapter 6. Europe Solar Power Equipment Market by Country
6.1 Germany Solar Power Equipment Market
6.1.1 Germany Solar Power Equipment Market by Equipment
6.1.2 Germany Solar Power Equipment Market by Application
6.2 UK Solar Power Equipment Market
6.2.1 UK Solar Power Equipment Market by Equipment
6.2.2 UK Solar Power Equipment Market by Application
6.3 France Solar Power Equipment Market
6.3.1 France Solar Power Equipment Market by Equipment
6.3.2 France Solar Power Equipment Market by Application
6.4 Russia Solar Power Equipment Market
6.4.1 Russia Solar Power Equipment Market by Equipment
6.4.2 Russia Solar Power Equipment Market by Application
6.5 Spain Solar Power Equipment Market
6.5.1 Spain Solar Power Equipment Market by Equipment
6.5.2 Spain Solar Power Equipment Market by Application
6.6 Italy Solar Power Equipment Market
6.6.1 Italy Solar Power Equipment Market by Equipment
6.6.2 Italy Solar Power Equipment Market by Application
6.7 Rest of Europe Solar Power Equipment Market
6.7.1 Rest of Europe Solar Power Equipment Market by Equipment
6.7.2 Rest of Europe Solar Power Equipment Market by Application
Chapter 7. Company Profiles
7.1 Canadian Solar Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.2 First Solar, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.3 Hanwha Q CELLS Co., Ltd. (Hanwha Group)
7.3.1 Company Overview
7.3.2 Recent strategies and developments:
7.3.2.1 Partnerships, Collaborations, and Agreements:
7.3.2.2 Product Launches and Product Expansions:
7.3.2.3 Acquisition and Mergers:
7.4 LONGi Green Energy Technology Co., Ltd.
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Product Launches and Product Expansions:
7.5 SunPower Corporation (Infineon Technologies AG)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.5.2 Product Launches and Product Expansions:
7.5.5.3 Acquisition and Mergers:
7.6 Shunfeng International Clean Energy Co., Ltd.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.7 Jinko Solar Holding Co., Ltd.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional Analysis
7.7.4 Research & Development Expenses
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.8 Trina Solar Co., Ltd.
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Product Launches and Product Expansions:
7.8.2.2 Acquisition and Mergers:
7.8.2.3 Business Expansions:
7.9 JA Solar Holdings Co., Ltd.
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Partnerships, Collaborations, and Agreements:
7.9.2.2 Product Launches and Product Expansions:
7.10. ABB Group
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expense
7.10.5 Recent strategies and developments:
7.10.5.1 Geographical Expansions:
Note: Product cover images may vary from those shown
  • Canadian Solar Inc.
  • First Solar, Inc.
  • Hanwha Q CELLS Co., Ltd.
  • LONGi Green Energy Technology Co., Ltd.
  • SunPower Corporation
  • Shunfeng International Clean Energy Co., Ltd.
  • Jinko Solar Holding Co., Ltd.
  • Trina Solar Co., Ltd.
  • JA Solar Holdings Co., Ltd.
  • ABB Group
Note: Product cover images may vary from those shown

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