
Europe Solar Panel Market (By Technology, Connectivity, Installation, Application, and Country Analysis), Company Profiles and Market Dynamics - Forecast to 2030
Description
The Europe solar panel market was valued at USD 63.10 Billion in 2024, and is projected to reach USD 95.44 Billion by 2030. The solar photovoltaics have become a mainstream energy source, central to the EU’s carbon-neutrality and energy-security agendas. The technology’s modularity, scalability, and declining costs have made it one of the most efficient tools for decarbonizing electricity generation. The growing need for clean, decentralized, and resilient energy systems, combined with volatility in fossil-fuel markets has accelerated the adoption of solar power in every major EU economy. Moreover, the expansion of Europe solar panel market is underpinned by ambitious policy frameworks such as the EU Green Deal, the RePowerEU Plan, and updated Renewable Energy Directive III, all of which target higher renewable penetration and reduced dependence on imported energy.
The establishment of the European Solar PV Industry Alliance further demonstrates institutional commitment to strengthening domestic manufacturing and supply-chain resilience. The European solar industry continues to attract investment from both utilities and private equity, with technological innovation driving efficiency gains through bifacial, TOPCon, and perovskite-silicon tandem modules. Ultimately, Europe solar sector stands at the forefront of the global clean-energy transition, offering both strategic energy independence and long-term economic opportunity across the value chain.
Key Highlights of the Report
The crystalline silicon segment leads the European solar panel market as this technology is favoured for its proven efficiency, durability, and adaptability across applications ranging from large utility farms to residential rooftops.
The market for thin-film solar panels in Europe is being driven by expanding BIPV applications, urban solar mandates, and improved product efficiencies.
Based on connectivity, the on-grid segment dominated the market in 2024, driven by the integration with grid infrastructure, smart meters, and inverter technology, which have enhanced the segment’s reliability and attractiveness for investors and end-users alike.
The off-grid systems are expanding in specialized sectors including telecom towers, remote healthcare facilities, off-grid homes, and agricultural operations, where reliable electricity access is critical.
The ground-mounted solar systems play a vital role in achieving the continent’s ambitious climate goals by enabling large-scale solar investments supported by strategic policies, technological advancements, and evolving market mechanisms.
The power utility segment leads the European solar panel market in terms of installed capacity and investment. This leadership is propelled by large-scale solar farms and utility projects driven by independent power producers and utilities who are incorporating solar PV into their energy mix to meet stringent renewable targets.
The commercial and industrial (C&I) segment continues to lead as one of the dominant growth drivers for the European solar panel market. Demand is being propelled by several factors, including rising electricity prices, the increasing need for energy security, and corporate sustainability targets set by large industrial groups and commercial enterprises.
Germany leads the Europe solar panel market driven by declining solar panel costs, expansion of battery storage, supportive regulations, and growing demand for renewable energy from homes, businesses, and utilities.
UK accounted for second highest share of the Europe solar panel market in 2024. The country aims to double its solar capacity by 2030 through continued investments and innovation, helping to solidify its position as a leading solar market in Europe.
Russia has seen significant growth in solar capacity in recent years, driven by supportive government policies and a strategic focus on expanding renewable energy sources in its energy mix.
Apelo Consulting report titled “Europe Solar Panel Market (By Technology, Connectivity, Installation, Application, and Country Analysis), Company Profiles and Market Dynamics - Forecast to 2030” provides a complete assessment of the fast–evolving, high–growth Europe Solar Panel Market landscape.
This 86 Pages report with 40 Figures and 10 Tables has been analyzed from 9 pointers:
1) Europe – Solar Panel Market and Forecast (2021 – 2030)
2) Europe – Solar Panel Market Share and Forecast (2021 – 2030)
3) By Technology – Europe Solar Panel Market and Forecast (2021 – 2030)
4) By Connectivity – Europe Solar Panel Market and Forecast (2021 – 2030)
5) By Installation – Europe Solar Panel Market and Forecast (2021 – 2030)
6) By Application – Europe Solar Panel Market and Forecast (2021 – 2030)
7) By Country – Europe Solar Panel Market and Forecast (2021 – 2030)
8) Europe Solar Panel Market – Company Profiles
9) Europe Solar Panel – Market Dynamics
Europe Solar Panel Market – By Technology
Crystalline Silicon
Thin Film
Europe Solar Panel Market – By Connectivity
1. On Grid
2. Off Grid
Europe Solar Panel Market – By Installation
1. Ground mounted
2. Rooftop
Europe Solar Panel Market – By Connectivity
1. Power Utility
2. Commercial & Industrial
3. Residential
Europe Solar Panel Market – By Country
1. Germany
2. UK
3. Russia
4. France
5. Italy
6. Spain
7. Luxembourg
8. Portugal
9. Greece
10. Rest of Europe
Europe Solar Panel Market – Company Profiles
1. Canadian Solar, Inc.
2. First Solar, Inc.
3. JA Solar Technology Co., Ltd.
4. JinkoSolar Holding Co., Ltd.
5. LG Electronics, Inc.
6. LONGi Green Energy Technology Co., Ltd.
7. Emeren Group Ltd.
8. Shunfeng International Clean Energy Limited
9. Trina Solar Co., Ltd.
10. Vikram Solar Limited
Data Source
Apelo Consulting employs comprehensive primary and secondary research techniques in developing distinctive data sets and research material for business reports. This report is built by using data and information sourced from Proprietary Information Database, Primary and Secondary Research Methodologies, and In house analysis by Apelo Consulting dedicated team of qualified professionals with deep industry experience and expertise.
The establishment of the European Solar PV Industry Alliance further demonstrates institutional commitment to strengthening domestic manufacturing and supply-chain resilience. The European solar industry continues to attract investment from both utilities and private equity, with technological innovation driving efficiency gains through bifacial, TOPCon, and perovskite-silicon tandem modules. Ultimately, Europe solar sector stands at the forefront of the global clean-energy transition, offering both strategic energy independence and long-term economic opportunity across the value chain.
Key Highlights of the Report
The crystalline silicon segment leads the European solar panel market as this technology is favoured for its proven efficiency, durability, and adaptability across applications ranging from large utility farms to residential rooftops.
The market for thin-film solar panels in Europe is being driven by expanding BIPV applications, urban solar mandates, and improved product efficiencies.
Based on connectivity, the on-grid segment dominated the market in 2024, driven by the integration with grid infrastructure, smart meters, and inverter technology, which have enhanced the segment’s reliability and attractiveness for investors and end-users alike.
The off-grid systems are expanding in specialized sectors including telecom towers, remote healthcare facilities, off-grid homes, and agricultural operations, where reliable electricity access is critical.
The ground-mounted solar systems play a vital role in achieving the continent’s ambitious climate goals by enabling large-scale solar investments supported by strategic policies, technological advancements, and evolving market mechanisms.
The power utility segment leads the European solar panel market in terms of installed capacity and investment. This leadership is propelled by large-scale solar farms and utility projects driven by independent power producers and utilities who are incorporating solar PV into their energy mix to meet stringent renewable targets.
The commercial and industrial (C&I) segment continues to lead as one of the dominant growth drivers for the European solar panel market. Demand is being propelled by several factors, including rising electricity prices, the increasing need for energy security, and corporate sustainability targets set by large industrial groups and commercial enterprises.
Germany leads the Europe solar panel market driven by declining solar panel costs, expansion of battery storage, supportive regulations, and growing demand for renewable energy from homes, businesses, and utilities.
UK accounted for second highest share of the Europe solar panel market in 2024. The country aims to double its solar capacity by 2030 through continued investments and innovation, helping to solidify its position as a leading solar market in Europe.
Russia has seen significant growth in solar capacity in recent years, driven by supportive government policies and a strategic focus on expanding renewable energy sources in its energy mix.
Apelo Consulting report titled “Europe Solar Panel Market (By Technology, Connectivity, Installation, Application, and Country Analysis), Company Profiles and Market Dynamics - Forecast to 2030” provides a complete assessment of the fast–evolving, high–growth Europe Solar Panel Market landscape.
This 86 Pages report with 40 Figures and 10 Tables has been analyzed from 9 pointers:
1) Europe – Solar Panel Market and Forecast (2021 – 2030)
2) Europe – Solar Panel Market Share and Forecast (2021 – 2030)
3) By Technology – Europe Solar Panel Market and Forecast (2021 – 2030)
4) By Connectivity – Europe Solar Panel Market and Forecast (2021 – 2030)
5) By Installation – Europe Solar Panel Market and Forecast (2021 – 2030)
6) By Application – Europe Solar Panel Market and Forecast (2021 – 2030)
7) By Country – Europe Solar Panel Market and Forecast (2021 – 2030)
8) Europe Solar Panel Market – Company Profiles
9) Europe Solar Panel – Market Dynamics
Europe Solar Panel Market – By Technology
Crystalline Silicon
Thin Film
Europe Solar Panel Market – By Connectivity
1. On Grid
2. Off Grid
Europe Solar Panel Market – By Installation
1. Ground mounted
2. Rooftop
Europe Solar Panel Market – By Connectivity
1. Power Utility
2. Commercial & Industrial
3. Residential
Europe Solar Panel Market – By Country
1. Germany
2. UK
3. Russia
4. France
5. Italy
6. Spain
7. Luxembourg
8. Portugal
9. Greece
10. Rest of Europe
Europe Solar Panel Market – Company Profiles
1. Canadian Solar, Inc.
2. First Solar, Inc.
3. JA Solar Technology Co., Ltd.
4. JinkoSolar Holding Co., Ltd.
5. LG Electronics, Inc.
6. LONGi Green Energy Technology Co., Ltd.
7. Emeren Group Ltd.
8. Shunfeng International Clean Energy Limited
9. Trina Solar Co., Ltd.
10. Vikram Solar Limited
Data Source
Apelo Consulting employs comprehensive primary and secondary research techniques in developing distinctive data sets and research material for business reports. This report is built by using data and information sourced from Proprietary Information Database, Primary and Secondary Research Methodologies, and In house analysis by Apelo Consulting dedicated team of qualified professionals with deep industry experience and expertise.
Table of Contents
86 Pages
- 1. Executive Summary
- 2. Research Methodology
- 3. Europe – Solar Panel Market and Forecast (2021 – 2030)
- 4. Europe – Solar Panel Market Share and Forecast (2021 – 2030)
- 4.1 By Technology – Europe Solar Panel Market Share and Forecast
- 4.2 By Connectivity – Europe Solar Panel Market Share and Forecast (2021 – 2030)
- 4.3 By Installation – Europe Solar Panel Market Share and Forecast (2021 – 2030)
- 4.4 By Application – Europe Solar Panel Market Share and Forecast (2021 – 2030)
- 4.5 By Country – Europe Solar Panel Market Share and Forecast (2021 – 2030)
- 5. By Technology – Europe Solar Panel Market and Forecast (2021 – 2030)
- 5.1 Europe Solar Panel – Crystalline Silicon Market and Forecast
- 5.2 Europe Solar Panel – Thin Film Market and Forecast
- 6. By Connectivity – Europe Solar Panel Market and Forecast (2021 – 2030)
- 6.1 Europe Solar Panel – On Grid Market and Forecast
- 6.2 Europe Solar Panel – Off Grid Market and Forecast
- 7. By Installation – Europe Solar Panel Market and Forecast (2021 – 2030)
- 7.1 Europe Solar Panel – Ground mounted Market and Forecast
- 7.2 Europe Solar Panel – Rooftop Market and Forecast
- 8. By Application – Europe Solar Panel Market and Forecast (2021 – 2030)
- 8.1 Europe Solar Panel – Power Utility Market and Forecast
- 8.2 Europe Solar Panel – Commercial & Industrial Market and Forecast
- 8.3 Europe Solar Panel – Residential Market and Forecast
- 9. By Region – Europe Solar Panel Market and Forecast (2021 – 2030)
- 9.1 Germany – Solar Panel Market and Forecast
- 9.2 UK – Solar Panel Market and Forecast
- 9.3 Russia – Solar Panel Market and Forecast
- 9.4 France – Solar Panel Market and Forecast
- 9.5 Italy – Solar Panel Market and Forecast
- 9.6 Spain – Solar Panel Market and Forecast
- 9.7 Luxembourg – Solar Panel Market and Forecast
- 9.8 Portugal – Solar Panel Market and Forecast
- 9.9 Greece – Solar Panel Market and Forecast
- 9.10 Rest of Europe – Solar Panel Market and Forecast
- 10. Europe Solar Panel Market – Company Profiles
- 10.1 Canadian Solar, Inc.
- 10.2 First Solar, Inc.
- 10.3 JA Solar Technology Co., Ltd.
- 10.4 JinkoSolar Holding Co., Ltd.
- 10.5 LG Electronics, Inc.
- 10.6 LONGi Green Energy Technology Co., Ltd.
- 10.7 Emeren Group Ltd.
- 10.8 Shunfeng International Clean Energy Limited
- 10.9 Trina Solar Co., Ltd.
- 10.10 Vikram Solar Limited
- 11. Europe Solar Panel – Market Dynamics
- 11.1 Europe Solar Panel Market – Growth Drivers
- 11.2 Europe Solar Panel Market – Challenges
- List of Figures:
- Figure 3-1: Europe – Solar Panel Market (Billion USD), 2021 - 2024
- Figure 3-2: Europe – Forecast for Solar Panel Market (Billion USD), 2025 – 2030
- Figure 5-1: Europe Solar Panel – Crystalline Silicon Market (Billion USD), 2021 - 2024
- Figure 5-2: Europe Solar Panel – Forecast for Crystalline Silicon Market (Billion USD), 2025 - 2030
- Figure 5-3: Europe Solar Panel – Thin Film Market (Billion USD), 2021 - 2024
- Figure 5-4: Europe Solar Panel – Forecast for Thin Film Market (Billion USD), 2025 - 2030
- Figure 6-1: Europe Solar Panel – On Grid Market (Billion USD), 2021 - 2024
- Figure 6-2: Europe Solar Panel – Forecast for On Grid Market (Billion USD), 2025 - 2030
- Figure 6-3: Europe Solar Panel – Off Grid Market (Billion USD), 2021 - 2024
- Figure 6-4: Europe Solar Panel – Forecast for Off Grid Market (Billion USD), 2025 - 2030
- Figure 7-1: Europe Solar Panel – Ground mounted Market (Billion USD), 2021 - 2024
- Figure 7-2: Europe Solar Panel – Forecast for Ground mounted Market (Billion USD), 2025 - 2030
- Figure 7-3: Europe Solar Panel – Rooftop Market (Billion USD), 2021 - 2024
- Figure 7-4: Europe Solar Panel – Forecast for Rooftop Market (Billion USD), 2025 - 2030
- Figure 8-1: Europe Solar Panel – Power Utility Market (Billion USD), 2021 - 2024
- Figure 8-2: Europe Solar Panel – Forecast for Power Utility Market (Billion USD), 2025 - 2030
- Figure 8-3: Europe Solar Panel – Commercial & Industrial Market (Billion USD), 2021 - 2024
- Figure 8-4: Europe Solar Panel – Forecast for Commercial & Industrial Market (Billion USD), 2025 - 2030
- Figure 8-5: Europe Solar Panel – Residential Market (Billion USD), 2021 - 2024
- Figure 8-6: Europe Solar Panel – Forecast for Residential Market (Billion USD), 2025 - 2030
- Figure 9-1: Germany – Solar Panel Market (Million USD), 2021 – 2024
- Figure 9-2: Germany – Forecast for Solar Panel Market (Billion USD), 2025 - 2030
- Figure 9-3: UK – Solar Panel Market (Billion USD), 2021 - 2024
- Figure 9-4: UK – Forecast for Solar Panel Market (Billion USD), 2025 - 2030
- Figure 9-5: Russia – Solar Panel Market (Billion USD), 2021 - 2024
- Figure 9-6: Russia – Forecast for Solar Panel Market (Billion USD), 2025 - 2030
- Figure 9-7: France - Solar Panel Market (Billion USD), 2021 - 2024
- Figure 9-8: France – Forecast for Solar Panel Market (Billion USD), 2025 - 2030
- Figure 9-9: Italy – Solar Panel Market (Million USD), 2021 - 2024
- Figure 9-10: Italy – Forecast for Solar Panel Market (Million USD), 2025 - 2030
- Figure 9-11: Spain – Solar Panel Market (Billion USD), 2021 – 2024
- Figure 9-12: Spain – Forecast for Solar Panel Market (Billion USD), 2025 - 2030
- Figure 9-13: Luxembourg – Solar Panel Market (Billion USD), 2021 - 2024
- Figure 9-14: Luxembourg – Forecast for Solar Panel Market (Billion USD), 2025 - 2030
- Figure 9-15: Portugal – Solar Panel Market (Billion USD), 2021 - 2024
- Figure 9-16: Portugal– Forecast for Solar Panel Market (Billion USD), 2025 - 2030
- Figure 9-17: Greece - Solar Panel Market (Billion USD), 2021 - 2024
- Figure 9-18: Greece – Forecast for Solar Panel Market (Billion USD), 2025 - 2030
- Figure 9-19: Rest of Europe – Solar Panel Market (Billion USD), 2021 - 2024
- Figure 9-20: Rest of Europe – Forecast for Solar Panel Market (Billion USD), 2025 - 2030
- List of Tables:
- Table 4-1: By Technology – Europe Solar Panel Market Share (Percent), 2021 – 2024
- Table 4-2: By Technology – Forecast for Europe Solar Panel Market Share (Percent), 2025 - 2030
- Table 4-3: By Connectivity – Europe Solar Panel Market Share (Percent), 2021 – 2024
- Table 4-4: By Connectivity – Forecast for Europe Solar Panel Market Share (Percent), 2025 - 2030
- Table 4-5: By Installation – Europe Solar Panel Market Share (Percent), 2021 – 2024
- Table 4-6: By Installation - Forecast for Europe Solar Panel Market Share (Percent), 2025 - 2030
- Table 4-7: By Application – Europe Solar Panel Market Share (Percent), 2021 – 2024
- Table 4-8: By Application – Forecast for Europe Solar Panel Market Share (Percent), 2025 - 2030
- Table 4-9: By Country – Europe Solar Panel Market Share (Percent), 2021 – 2024
- Table 4-10: By Country – Forecast for Europe Solar Panel Market Share (Percent), 2025 - 2030
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