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Europe Photovoltaic Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Application (Residential Applications, Commercial, Utility Applications); Type (Organic Components, Inorganic Components); Component (Cells, Optics, Trackers)

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Europe Photovoltaic Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Application (Residential Applications, Commercial, Utility Applications); Type (Organic Components, Inorganic Components); Component (Cells, Optics, Trackers)
Published: May 15, 2020 Content info: 102 Pages
Description

Photovoltaic Market to 2027- Covid-19 Impact and Europe Analysis by Application (Residential Applications, Commercial, Utility Applications); Type (Organic Components, Inorganic Components); Component (Cells, Optics, Trackers); and Country

The Photovoltaic market in Europe was valued at US$ 45.57 billion in 2019 and is projected to reach US$ 177.58 billion by 2027; it is expected to grow at a CAGR of 18.5% from 2020-2027. The market in Europe comprises several developing economies such as Germany, France, Italy, the UK, and Russia. The solar power generation facilities in the European countries are well-established, and the government is constantly focusing on energy generation from renewable energy sources such as sun and wind. This factor is projected to boost the photovoltaic market in the European countries. The photovoltaic effect includes the creation of voltage or electrical current by exposure to light. Therefore, the demand for photovoltaic technology has surged with the rising number of solar power plants in the European countries such as Germany, France, Italy, and the UK. The majority of photovoltaic modules in the European countries are used to generate power connected to an electricity grid which is likely to drive the European photovoltaic market

On the basis of type, inorganic components segment led the photovoltaic market with a decent market share. The inorganic materials exhibit solar radiation-resistance, which is important for space applications like satellites and space station. The technology used for the manufacture of photovoltaic solar cells is mainly silicon-based, which is an inorganic material.

Overall size of the European photovoltaic market has been derived using primary and secondary sources. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the European photovoltaic market. It also provides an overview and forecast for the photovoltaic based on all segmentation provided with respect to the European region. Additionally, primary interviews were conducted with industry participants and commentators in order to validate and analyze the data. The participants who take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the European photovoltaic industry. Mitsubishi Electric Corporation, Panasonic Corporation, and Kaneka Corporation are among the key players present in the European photovoltaic market.

Reasons to Buy

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe Photovoltaic market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Europe Photovoltaic market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Table of Contents
Product Code: TIPRE00010879

TABLE OF CONTENTS

1. Introduction

  • 1.1 Scope of the Study
  • 1.2 The Insight Partners Research Report Guidance
  • 1.3 Market Segmentation
    • 1.3.1 Photovoltaic Market, by Application
    • 1.3.2 Photovoltaic Market, by Type
    • 1.3.3 Photovoltaic Market, by Component
    • 1.3.4 Photovoltaic Market, by Geography

2. Key Takeaways

3. Research Methodology

  • 3.1 Coverage
  • 3.2 Secondary Research
  • 3.3 Primary Research

4. Photovoltaic Market Landscape

  • 4.1 Market Overview
  • 4.2 PEST Analysis
    • 4.2.1 Europe

5. Photovoltaic Market - Europe Market Analysis

  • 5.1 Europe Photovoltaic Market Overview
  • 5.2 Europe Photovoltaic Market Forecast and Analysis

6. Photovoltaic Market - Key Industry Dynamics

  • 6.1 Key Market Drivers
    • 6.1.1 Rise in Industrialization and Economic Development
    • 6.1.2 Government Policies Driving the Growth of Market
  • 6.2 Key Market Restraints
    • 6.2.1 High Cost Associated from Photovoltaic (PV) Panels
  • 6.3 Key Market Opportunities
    • 6.3.1 Rise in Demand of Solar Paints
  • 6.4 Key Future Trends
    • 6.4.1 Rising Demand for Solar-Powered PV systems
  • 6.5 Impact Analysis

7. Europe Photovoltaic Market Analysis - By Type

  • 7.1 Overview
  • 7.2 Europe Photovoltaic Market Breakdown, by Type, 2018 & 2027
  • 7.3 Organic Components
    • 7.3.1 Overview
    • 7.3.2 Europe Organic Components Photovoltaic Market Revenue Forecast to 2027 (US$ Bn)
  • 7.4 Inorganic Components
    • 7.4.1 Overview
    • 7.4.2 Europe Inorganic Components Photovoltaic Market, Revenue Forecast to 2027 (US$ Bn)

8. Europe Photovoltaic Market Analysis - By Component

  • 8.1 Overview
  • 8.2 Europe Photovoltaic Market Breakdown, By Component, 2018 & 2027
  • 8.3 Cells
    • 8.3.1 Overview
    • 8.3.2 Europe Cells Market Revenue Forecasts to 2027 (US$ Bn)
  • 8.4 Optics
    • 8.4.1 Overview
    • 8.4.2 Europe Optics Market Revenue Forecasts to 2027 (US$ Bn)
  • 8.5 Trackers
    • 8.5.1 Overview
    • 8.5.2 Europe Trackers Market Revenue forecast to 2027 (US$ Bn)

9. Europe Photovoltaic Market Analysis - by Application

  • 9.1 Overview
  • 9.2 Europe Photovoltaic Market Breakdown, By Application, 2018 & 2027
  • 9.3 Commercial Applications
    • 9.3.1 Overview
    • 9.3.2 Europe Commercial Applications in Photovoltaic Revenue and Forecasts to 2027 (US$ BN)
  • 9.4 Residential Application
    • 9.4.1 Overview
    • 9.4.2 Europe Residential Application in Photovoltaic Revenue Forecast to 2027 (US$ BN)
  • 9.5 Utility Application
    • 9.5.1 Overview
    • 9.5.2 Europe Utility Application in Photovoltaic Revenue and Forecast to 2027 (US$ BN)

10. Europe Photovoltaic Market -Country Analysis

  • 10.1 Europe Photovoltaic Market Revenue and Forecasts to 2027
    • 10.1.1 Europe Photovoltaic Market Breakdown, by Country
      • 10.1.1.1 Germany Photovoltaic Market Revenue and Forecast to 2027 (US$ BN)
        • 10.1.1.1.1 Germany Photovoltaic Market Breakdown, by Application
        • 10.1.1.1.2 Germany Photovoltaic Market Breakdown, by Type
        • 10.1.1.1.3 Germany Photovoltaic Market Breakdown, by Component
      • 10.1.1.2 France Photovoltaic Market Revenue and Forecast to 2027 (US$ BN)
        • 10.1.1.2.1 France Photovoltaic Market Breakdown, by Application
        • 10.1.1.2.2 France Photovoltaic Market Breakdown, by Type
        • 10.1.1.2.3 France Photovoltaic Market Breakdown, by Component
      • 10.1.1.3 Italy Photovoltaic Market Revenue and Forecast to 2027 (US$ BN)
        • 10.1.1.3.1 Italy Photovoltaic Market Breakdown, by Application
        • 10.1.1.3.2 Italy Photovoltaic Market Breakdown, by Type
        • 10.1.1.3.3 Italy Photovoltaic Market Breakdown, by Component
      • 10.1.1.4 Spain Photovoltaic Market Revenue and Forecast to 2027 (US$ BN)
        • 10.1.1.4.1 Spain Photovoltaic Market Breakdown, by Application
        • 10.1.1.4.2 Spain Photovoltaic Market Breakdown, by Type
        • 10.1.1.4.3 Spain Photovoltaic Market Breakdown, by Component
      • 10.1.1.5 UK Photovoltaic Market Revenue and Forecast to 2027 (US$ BN)
        • 10.1.1.5.1 UK Photovoltaic Market Breakdown, by Application
        • 10.1.1.5.2 UK Photovoltaic Market Breakdown, by Type
        • 10.1.1.5.3 UK Photovoltaic Market Breakdown, by Component
      • 10.1.1.6 Russia Photovoltaic Market Revenue and Forecast to 2027 (US$ BN)
        • 10.1.1.6.1 Russia Photovoltaic Market Breakdown, by Application
        • 10.1.1.6.2 Russia Photovoltaic Market Breakdown, by Type
        • 10.1.1.6.3 Russia Photovoltaic Market Breakdown, by Component
      • 10.1.1.7 Rest of Europe Photovoltaic Market Revenue and Forecast to 2027 (US$ BN)
        • 10.1.1.7.1 Rest of Europe Photovoltaic Market Breakdown, by Application
        • 10.1.1.7.2 Rest of Europe Photovoltaic Market Breakdown, by Type
        • 10.1.1.7.3 Rest of Europe Photovoltaic Market Breakdown, by Component

11. Company Profiles

  • 11.1 Mitsubishi Electric Corporation
    • 11.1.1 Key Facts
    • 11.1.2 Business Description
    • 11.1.3 Products and Services
    • 11.1.4 Financial Overview
    • 11.1.5 SWOT Analysis
  • 11.2 Panasonic Corporation
    • 11.2.1 Key Facts
    • 11.2.2 Business Description
    • 11.2.3 Products and Services
    • 11.2.4 Financial Overview
    • 11.2.5 SWOT Analysis
    • 11.2.6 Key Developments
  • 11.3 Kaneka Corporation
    • 11.3.1 Key Facts
    • 11.3.2 Business Description
    • 11.3.3 Products and Services
    • 11.3.4 Financial Overview
    • 11.3.5 SWOT Analysis
    • 11.3.6 Key Developments
  • 11.4 Kyocera Corporation
    • 11.4.1 Key Facts
    • 11.4.2 Business Description
    • 11.4.3 Products and Services
    • 11.4.4 Financial Overview
    • 11.4.5 SWOT Analysis
    • 11.4.6 Key Developments
  • 11.5 Sharp Corporation
    • 11.5.1 Key Facts
    • 11.5.2 Business Description
    • 11.5.3 Products and Services
    • 11.5.4 Financial Overview
    • 11.5.5 SWOT Analysis
    • 11.5.6 Key Developments
  • 11.6 JA Solar Co., Ltd.
    • 11.6.1 Key Facts
    • 11.6.2 Business Description
    • 11.6.3 Products and Services
    • 11.6.4 Financial Overview
    • 11.6.5 SWOT Analysis
    • 11.6.6 Key Developments
  • 11.7 Renesola Co. Ltd
    • 11.7.1 Key Facts
    • 11.7.2 Business Description
    • 11.7.3 Products and Services
    • 11.7.4 Financial Overview
    • 11.7.5 SWOT Analysis
    • 11.7.6 Key Developments
  • 11.8 Trina Solar
    • 11.8.1 Key Facts
    • 11.8.2 Business Description
    • 11.8.3 Products and Services
    • 11.8.4 Financial Overview
    • 11.8.5 SWOT Analysis
  • 11.9 Jink Solar
    • 11.9.1 Key Facts
    • 11.9.2 Business Description
    • 11.9.3 Products and Services
    • 11.9.4 Financial Overview
    • 11.9.5 SWOT Analysis
    • 11.9.6 Key Developments
  • 11.10 Shunfeng International Clean Energy Co., Ltd.
    • 11.10.1 Key Facts
    • 11.10.2 Business Description
    • 11.10.3 Products and Services
    • 11.10.4 Financial Overview
    • 11.10.5 SWOT Analysis

12. Appendix

  • 12.1 About The Insight Partners
  • 12.2 Glossary of Terms

LIST OF TABLES

  • Table 1. Europe Photovoltaic Market Revenue and Forecasts to 2027 (US$ Bn)
  • Table 2. Europe Photovoltaic Market Revenue and Forecasts to 2027 - By Type (US$ Bn)
  • Table 3. Europe Photovoltaic Market Revenue and Forecasts to 2027 - By Component (US$ Bn)
  • Table 4. Europe Photovoltaic Market Revenue and Forecasts to 2027 - By Application (US$ Bn)
  • Table 5. Germany Photovoltaic Market Revenue and Forecasts to 2027 - By Application (US$ Bn)
  • Table 6. Germany Photovoltaic Market Revenue and Forecasts to 2027 - By Type (US$ Bn)
  • Table 7. Germany Photovoltaic Market Revenue and Forecasts to 2027 - By Component (US$ Bn)
  • Table 8. France Photovoltaic Market Revenue and Forecasts to 2027 - By Application (US$ Bn)
  • Table 9. France Photovoltaic Market Revenue and Forecasts to 2027 - By Type (US$ Bn)
  • Table 10. France Photovoltaic Market Revenue and Forecasts to 2027 - By Component (US$ Bn)
  • Table 11. Italy Photovoltaic Market Revenue and Forecasts to 2027 - By Application (US$ Bn)
  • Table 12. Italy Photovoltaic Market Revenue and Forecasts to 2027 - By Type (US$ Bn)
  • Table 13. Italy Photovoltaic Market Revenue and Forecasts to 2027 - By Component (US$ Bn)
  • Table 14. Spain Photovoltaic Market Revenue and Forecasts to 2027 - By Application (US$ Bn)
  • Table 15. Spain Photovoltaic Market Revenue and Forecasts to 2027 - By Type (US$ Bn)
  • Table 16. Spain Photovoltaic Market Revenue and Forecasts to 2027 - By Component (US$ Bn)
  • Table 17. UK Photovoltaic Market Revenue and Forecasts to 2027 - By Application (US$ Bn)
  • Table 18. UK Photovoltaic Market Revenue and Forecasts to 2027 - By Type (US$ Bn)
  • Table 19. UK Photovoltaic Market Revenue and Forecasts to 2027 - By Component (US$ Bn)
  • Table 20. Russia Photovoltaic Market Revenue and Forecasts to 2027 - By Application (US$ Bn)
  • Table 21. Russia Photovoltaic Market Revenue and Forecasts to 2027 - By Type (US$ Bn)
  • Table 22. Russia Photovoltaic Market Revenue and Forecasts to 2027 - By Component (US$ Bn)
  • Table 23. Rest of Europe Photovoltaic Market Revenue and Forecasts to 2027 - By Application (US$ Bn)
  • Table 24. Rest of Europe Photovoltaic Market Revenue and Forecasts to 2027 - By Type (US$ Bn)
  • Table 25. Rest of Europe Photovoltaic Market Revenue and Forecasts to 2027 - By Component (US$ Bn)
  • Table 26. Glossary of Term: Enterprise Labeling Software Market

LIST OF FIGURES

  • Figure 1. Photovoltaic Market Segmentation
  • Figure 2. Country Segmentation of Europe Photovoltaic Market
  • Figure 3. Photovoltaic Market Overview
  • Figure 4. Utility Application Held Larger Share of Photovoltaic Market in 2018
  • Figure 5. Photovoltaic Industry Landscape
  • Figure 6. Photovoltaic Market Forecast and Analysis, (US$ Bn)
  • Figure 7. Impact Analysis of Drivers and Restraints
  • Figure 8. Europe Photovoltaic Market Breakdown, by Type, Value, 2018 & 2027 (%)
  • Figure 9. Europe Organic Components Photovoltaic Market, Revenue Forecast, 2018-2027 (US$ Bn)
  • Figure 10. Europe Inorganic Components Photovoltaic Market Revenue Forecast to 2027 (US$ Bn)
  • Figure 11. Europe Photovoltaic Market Breakdown, by Component, Value, 2018 & 2027 (%)
  • Figure 12. Europe Cells Market Revenue Forecast to 2027 (US$ Bn)
  • Figure 13. Europe Optics Market Revenue, Forecast to 2027 (US$ Bn)
  • Figure 14. Europe Trackers Market, Revenue Forecast, 2018-2027 (US$ Bn)
  • Figure 15. Europe Photovoltaic Market Breakdown by Application, by Value, 2018 & 2027 (%)
  • Figure 16. Europe Commercial Applications in Photovoltaic Market, Revenue and Forecast, 2017-2027 (US$ BN)
  • Figure 17. Europe Residential Application in Photovoltaic Revenue Forecast to 2027 (US$ BN)
  • Figure 18. Europe Industrial in Photovoltaic Market Revenue and Forecasts to 2027 (US$ BN)
  • Figure 19. Europe Photovoltaic Market Breakdown, by Country, 2018 & 2027(%)
  • Figure 20. Germany Photovoltaic Market Forecasts to 2027 (US$ Bn)
  • Figure 21. France Photovoltaic Market Forecasts to 2027 (US$ Bn)
  • Figure 22. Italy Photovoltaic Market Forecasts to 2027 (US$ Bn)
  • Figure 23. Spain Photovoltaic Market Forecasts to 2027 (US$ Bn)
  • Figure 24. UK Photovoltaic Market Forecasts to 2027 (US$ Bn)
  • Figure 25. Russia Photovoltaic Market Forecasts to 2027 (US$ Bn)
  • Figure 26. Rest of Europe Photovoltaic Market Forecasts to 2027 (US$ Bn)
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