European Solar Panel Market to Return to Growth Trajectory, States OMR in Its Research Report Published at MarketPublishers.com11 Apr 2017 • by Natalie Aster
LONDON – Europe is still the largest solar continent at a global scale in 2015, however, only nearly 1 GW ahead of the APAC region. The region’s solar panel market is largely driven by the respective policy issues. The region has a host of diversified solar policy environments across the various countries. Europe is expected to return to a growth trajectory over the forecast period. Superior advantages of solar power, which is currently more economical as against retail electricity in the majority of regional markets, and constantly declining costs represent the major factor that has impacted individuals to invest in on-site generation.
In 2015, the UK took lead in Europe’s solar market by adding around 3.7 GW of new photovoltaic (PV) capacity, with Germany following after. France remained the 3rd biggest regional market, installing just under 0.9 GW in 2015. The growth of the country’s solar panel market is supported by the tenders granted along with a slightly expanding distributed sector. Moving forward, Germany and Turkey are anticipated to be the most prominent solar panel markets across the region. The growth of the German solar market is expected to be driven by a novel tender scheme pertaining to the ground-mounted installations above 1MW. The growth in the Turkish sola sector is poised to be propelled by the country’s rapidly growing economy as well as the growing population.
First Solar GmbH, Canadian Solar, Trina Solar, Yingli Green Energy Europe GmbH, Sharp Solar Company and Energy Panel, among others, are the leading players in the market.
In-demand market research report “European Solar Panel Market Research and Analysis, 2015-2022” created by Orion Market Research (OMR) includes detailed analysis of the market on a regional level. It covers market determinants, sector analysis, market segmentation, geographic analysis, company profiles and key an analysis of the leading companies, key findings, market insights, forecasts, strategic recommendations, etc.
Key Report Topics:
- All-round analysis of macro and micro factors impacting the marketplace guided by key recommendations.
- Assessment of regional regulations and other government policies impacting the region’s solar panel sector.
- Insights into the forces boosting the market.
- Granular and extensive market segmentation by type and application, with revenue analysis for the major countries.
- Detailed profiles and recent developments of the top 20 market players.
More in-demand research reports by the publisher can be found at their page.