Europe Flexible Solar Panels Market Size, Share & Industry Trends Analysis Report By Type, By Application (Industrial, Residential, Aerospace, Automobile, and Others), By Country and Growth Forecast, 2021 - 2027
Description
Europe Flexible Solar Panels Market Size, Share & Industry Trends Analysis Report By Type, By Application (Industrial, Residential, Aerospace, Automobile, and Others), By Country and Growth Forecast, 2021 - 2027
The Europe Flexible Solar Panels Market would witness market growth of 7.0% CAGR during the forecast period (2021-2027).
Flexible solar panels are divided into two categories i.e., thin-film and crystalline silicon. Because of their slightly distinct natures, each of them is ideal for a particular use. Flexible solar panels leverage photovoltaic silicon solar cells to create power, just like traditional solar panels, while, unlike their rigid counterparts, flexible solar panels are not protected by metals or glass. Instead, they're wrapped with ETFE, a flexible and easy-to-bend polymer.
When it comes to solar power conversion, flexible panels manufactured of monocrystalline silicon, offer high efficiency. As a result, these types of solar panels are as effective as their rigid counterpart. This kind of solar panel also outperforms thin-film panels in terms of durability. As a result, it is the preferred choice for mobile residences such as RVs, smaller houses, and boats. It is much lighter than the conventional one because it is thinner and encased in plastic rather than glass. Heavy-duty roof mounting systems are not required in these solar panels. Instead, glue or rope can be used to secure it. This facilitates the installation process, resulting in lower labor costs.
In 2020, the European Union (EU) countries have deployed around 18.2 GW of solar PV plants. One of the most compelling reasons to invest in significant renewable energy sources like solar panels is the government's Feed-in Tariff project. This project essentially meant that the government would pay for the electricity generated by solar panel systems in order to assist offset the cost of purchasing the system. Moreover, the European Union has launched a "Green Deal" program to cut carbon emissions and harness the domestic potential for solar energy gathering.
Moreover, since its inception in the implementation of Germany's Renewable Energy Act in 2000, solar power in Germany was a subject of major concern. German companies rapidly surged across the solar power technologies sector.
The Germany market dominated the Europe Flexible Solar Panels Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $47.6 Million by 2027. The UK market is estimated to grow at a CAGR of 6.1% during (2021 - 2027). Additionally, The France market would display a CAGR of 7.8% during (2021 - 2027).
Based on Type, the market is segmented into Copper Indium Gallium Selenide, Cadmium Telluride, Amorphous Silicon and Others. Based on Application, the market is segmented into Industrial, Residential, Aerospace, Automobile, and Others. 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 Hanergy Holding Group Ltd., Enecom Srl, Flisom AG, PowerFilm Solar, Inc., SoloPower Systems, Inc., Solbian Energie Alternative Srl, Sun Harmonics co. ltd., Jinko Solar Holding Co., Ltd., Trina Solar Co., Ltd., and JA Solar Holdings Co., Ltd.
Scope of the Study
Market Segments covered in the Report:
By Type
The Europe Flexible Solar Panels Market would witness market growth of 7.0% CAGR during the forecast period (2021-2027).
Flexible solar panels are divided into two categories i.e., thin-film and crystalline silicon. Because of their slightly distinct natures, each of them is ideal for a particular use. Flexible solar panels leverage photovoltaic silicon solar cells to create power, just like traditional solar panels, while, unlike their rigid counterparts, flexible solar panels are not protected by metals or glass. Instead, they're wrapped with ETFE, a flexible and easy-to-bend polymer.
When it comes to solar power conversion, flexible panels manufactured of monocrystalline silicon, offer high efficiency. As a result, these types of solar panels are as effective as their rigid counterpart. This kind of solar panel also outperforms thin-film panels in terms of durability. As a result, it is the preferred choice for mobile residences such as RVs, smaller houses, and boats. It is much lighter than the conventional one because it is thinner and encased in plastic rather than glass. Heavy-duty roof mounting systems are not required in these solar panels. Instead, glue or rope can be used to secure it. This facilitates the installation process, resulting in lower labor costs.
In 2020, the European Union (EU) countries have deployed around 18.2 GW of solar PV plants. One of the most compelling reasons to invest in significant renewable energy sources like solar panels is the government's Feed-in Tariff project. This project essentially meant that the government would pay for the electricity generated by solar panel systems in order to assist offset the cost of purchasing the system. Moreover, the European Union has launched a "Green Deal" program to cut carbon emissions and harness the domestic potential for solar energy gathering.
Moreover, since its inception in the implementation of Germany's Renewable Energy Act in 2000, solar power in Germany was a subject of major concern. German companies rapidly surged across the solar power technologies sector.
The Germany market dominated the Europe Flexible Solar Panels Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $47.6 Million by 2027. The UK market is estimated to grow at a CAGR of 6.1% during (2021 - 2027). Additionally, The France market would display a CAGR of 7.8% during (2021 - 2027).
Based on Type, the market is segmented into Copper Indium Gallium Selenide, Cadmium Telluride, Amorphous Silicon and Others. Based on Application, the market is segmented into Industrial, Residential, Aerospace, Automobile, and Others. 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 Hanergy Holding Group Ltd., Enecom Srl, Flisom AG, PowerFilm Solar, Inc., SoloPower Systems, Inc., Solbian Energie Alternative Srl, Sun Harmonics co. ltd., Jinko Solar Holding Co., Ltd., Trina Solar Co., Ltd., and JA Solar Holdings Co., Ltd.
Scope of the Study
Market Segments covered in the Report:
By Type
- Copper Indium Gallium Selenide
- Cadmium Telluride
- Amorphous Silicon
- Others
- Industrial
- Residential
- Aerospace
- Automobile
- Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Hanergy Holding Group Ltd.
- Enecom Srl
- Flisom AG
- PowerFilm Solar, Inc.
- SoloPower Systems, Inc.
- Solbian Energie Alternative Srl
- Sun Harmonics co. ltd.
- Jinko Solar Holding Co., Ltd.
- Trina Solar Co., Ltd.
- JA Solar Holdings Co., Ltd.
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Table of Contents
64 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Flexible Solar Panels Market, by Type
- 1.4.2 Europe Flexible Solar Panels Market, by Application
- 1.4.3 Europe Flexible Solar Panels 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. Europe Flexible Solar Panels Market by Type
- 3.1 Europe Copper Indium Gallium Selenide Market by Country
- 3.2 Europe Cadmium Telluride Market by Country
- 3.3 Europe Amorphous Silicon Market by Country
- 3.4 Europe Others Market by Country
- Chapter 4. Europe Flexible Solar Panels Market by Application
- 4.1 Europe Industrial Market by Country
- 4.2 Europe Residential Market by Country
- 4.3 Europe Aerospace Market by Country
- 4.4 Europe Automobile Market by Country
- 4.5 Europe Others Market by Country
- Chapter 5. Europe Flexible Solar Panels Market by Country
- 5.1 Germany Flexible Solar Panels Market
- 5.1.1 Germany Flexible Solar Panels Market by Type
- 5.1.2 Germany Flexible Solar Panels Market by Application
- 5.2 UK Flexible Solar Panels Market
- 5.2.1 UK Flexible Solar Panels Market by Type
- 5.2.2 UK Flexible Solar Panels Market by Application
- 5.3 France Flexible Solar Panels Market
- 5.3.1 France Flexible Solar Panels Market by Type
- 5.3.2 France Flexible Solar Panels Market by Application
- 5.4 Russia Flexible Solar Panels Market
- 5.4.1 Russia Flexible Solar Panels Market by Type
- 5.4.2 Russia Flexible Solar Panels Market by Application
- 5.5 Spain Flexible Solar Panels Market
- 5.5.1 Spain Flexible Solar Panels Market by Type
- 5.5.2 Spain Flexible Solar Panels Market by Application
- 5.6 Italy Flexible Solar Panels Market
- 5.6.1 Italy Flexible Solar Panels Market by Type
- 5.6.2 Italy Flexible Solar Panels Market by Application
- 5.7 Rest of Europe Flexible Solar Panels Market
- 5.7.1 Rest of Europe Flexible Solar Panels Market by Type
- 5.7.2 Rest of Europe Flexible Solar Panels Market by Application
- Chapter 6. Company Profiles
- 6.1 Hanergy Holding Group Ltd.
- 6.1.1 Company Overview
- 6.1.2 Recent strategies and developments:
- 6.1.2.1 Partnerships, Collaborations, and Agreements:
- 6.1.2.2 Product Launches and Product Expansions:
- 6.2 Enecom Srl
- 6.2.1 Company Overview
- 6.3 Flisom AG
- 6.3.1 Company Overview
- 6.3.2 Recent strategies and developments:
- 6.3.2.1 Partnerships, Collaborations, and Agreements:
- 6.3.2.2 Geographical Expansions:
- 6.4 PowerFilm Solar, Inc.
- 6.4.1 Company Overview
- 6.4.2 Recent strategies and developments:
- 6.4.2.1 Product Launches and Product Expansions:
- 6.5 SoloPower Systems, Inc.
- 6.5.1 Company Overview
- 6.6 Solbian Energie Alternative Srl
- 6.6.1 Company Overview
- 6.7 Sun Harmonics co. ltd.
- 6.7.1 Company Overview
- 6.8 Jinko Solar Holding Co., Ltd.
- 6.8.1 Company Overview
- 6.8.2 Financial Analysis
- 6.8.3 Regional Analysis
- 6.8.4 Research & Development Expenses
- 6.8.5 Recent strategies and developments:
- 6.8.5.1 Partnerships, Collaborations, and Agreements:
- 6.9 Trina Solar Co., Ltd.
- 6.9.1 Company Overview
- 6.10. JA Solar Holdings Co., Ltd.
- 6.10.1 Company Overview
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