Europe Solar Rooftop Sales Market
Europe Solar Rooftop Sales Market Research Report: By Capacity (10 kW, 11 kW-100kW, >100 kW), By Connectivity (On-Grid, Off-Grid), By End User (Residential, Commercial, Industrial) and By Regional (Germany, UK, France, Russia, Italy, Spain, Rest of Europe) - Forecast to 2035
Industry Developments
The Europe Solar Rooftop Sales Market has seen significant developments recently, marked by a growing push towards renewable energy due to increased policy support and sustainability goals. Companies like Siemens and Vattenfall are actively expanding their solar portfolios to accommodate the rising demand. SMA Solar Technology announced a strategic investment in research and development for innovative solar technologies in July 2023, aimed at enhancing energy efficiency. In terms of acquisitions, First Solar completed the acquisition of a photovoltaic module manufacturer in Germany in August 2023 to strengthen its market position. Canadian Solar has also been expanding its manufacturing capacity throughout Europe to meet growing local demand. The market has experienced considerable valuation growth, with estimates indicating a rise to over €30 billion by 2025, positively impacting investments within the sector. Over the past two years, the European Union has emphasized its Green Deal, and in February 2022, a significant push for solar installment subsidies was initiated in multiple EU countries. This move reflects a dedicated effort towards renewable energy, encouraging companies like BayWa r.e. and Trina Solar to ramp up production and innovation in solar rooftop technologies across the region.
Report Scope
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 35.13(USD Billion) |
| MARKET SIZE 2024 | 42.5(USD Billion) |
| MARKET SIZE 2035 | 335.0(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 20.646% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | Siemens, Vattenfall, SMA Solar Technology, First Solar, Canadian Solar, BayWa r.e., Rymeco, SunPower, SolarWorld, Trina Solar, Iberdrola, Enel, E.ON, TotalEnergies, JA Solar |
| SEGMENTS COVERED | Capacity, Connectivity, End User, Regional |
| KEY MARKET OPPORTUNITIES | Government incentives and subsidies, Increasing residential energy demand, Technological advancements in solar panels, Rising environmental awareness, Integration with smart home systems |
| KEY MARKET DYNAMICS | Government incentives and subsidies, Increasing energy prices, Environmental sustainability concerns, Technological advancements in solar, Growth in residential market |
| COUNTRIES COVERED | Germany, UK, France, Russia, Italy, Spain, Rest of Europe |
FAQs
What is the expected size of the Europe Solar Rooftop Sales Market in 2024?
The Europe Solar Rooftop Sales Market is expected to be valued at 42.5 USD Billion in 2024.
What is the projected market value for the Europe Solar Rooftop Sales Market by 2035?
By 2035, the Europe Solar Rooftop Sales Market is projected to reach 335.0 USD Billion.
What is the expected CAGR for the Europe Solar Rooftop Sales Market from 2025 to 2035?
The expected CAGR for the Europe Solar Rooftop Sales Market from 2025 to 2035 is 20.646%.
Which country is expected to have the largest share of the Europe Solar Rooftop Sales Market in 2024?
Germany is expected to have the largest share of the market, valued at 12.5 USD Billion in 2024.
What is the expected market value for the UK in the Solar Rooftop Sales Market by 2035?
The UK market is expected to reach 70.0 USD Billion by 2035.
What are the leading companies in the Europe Solar Rooftop Sales Market?
Major players in the market include Siemens, Vattenfall, SMA Solar Technology, and First Solar among others.
What is the forecasted market size for the 11 kW-100 kW capacity segment by 2035?
The forecasted market size for the 11 kW-100 kW capacity segment is 130.0 USD Billion by 2035.
What is the expected market value for the >100 kW capacity segment in 2024?
The >100 kW capacity segment is valued at 17.0 USD Billion in the year 2024.
What opportunities exist within the Europe Solar Rooftop Sales Market?
Emerging trends such as technological advancements and increasing awareness of renewable energy present numerous opportunities for growth.
How will economic conditions impact the Europe Solar Rooftop Sales Market?
Current economic conditions and global energy policies are anticipated to significantly influence the market dynamics and growth sustainability.
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