Report Overview

Europe Distributed Solar Power Generation Market – Industry Trends & Forecast Report, 2030

Europe Distributed Solar Power Generation Market size was estimated at USD 39.08 billion in 2023. During the forecast period between 2024 and 2029, the size of Europe Distributed Solar Power Generation Market is projected to grow at a CAGR of 6.57% reaching a value of USD 57.25 billion by 2030. The United Kingdom, Sweden, and the Netherlands have witnessed significant growth in distributed solar installations, with the UK experiencing growth in solar power facilities during Q1 2020. Solar PV with a capacity of 0–4kW exhibited the highest growth during the period. Major drivers for the market include growing environmental concerns, government incentives, and tax benefits for solar panel installation, as well as the high cost of grid expansion. Technological advancements leading to reduced manufacturing costs and increased efficiency in solar panels contribute to the market growth.

Distributed Solar Power Generation – Overview

Distributed solar power generation refers to the decentralized production of electricity from solar energy, where photovoltaic panels are installed on rooftops, residential, and commercial spaces. The approach enables the generation of clean and renewable energy at the point of consumption, reducing dependence on centralized power plants and minimizing transmission losses. Distributed solar systems contribute to environmental sustainability, enhance energy resilience, and empower individuals and businesses to generate their power. The decentralized model also promotes grid stability and supports the transition toward a more sustainable and resilient energy infrastructure.

Europe Distributed Solar Power Generation Market

Growth Drivers

Rising Investments in Solar Power Generation

Amid increasing investments in renewable energy, the Europe Distributed Solar Power Generation Market is experiencing robust growth. The market is buoyed by the substantial cost savings in power production and minimal fossil fuel byproducts, stemming from sustainable sources. Notably, sustainable power sector investments claimed a significant market share from 2018 to 2021. Moreover, numerous European nations, such as Norway, Iceland, and Sweden, witness over 50% of their annual power demand met by renewable energy. These compelling dynamics forecast a sustained market expansion, making increased investments a pivotal driver during the forecast period.

Challenges

Enhancing Reliability

Europe Distributed Solar Power Generation Market is poised for a transformative surge as challenges posed by component failures are mitigated. The reliability of solar PV modules and inverters, crucial components prone to failure, is being revolutionized. Downtime caused by these failures, with substantial implications for power generation, is now being addressed. Emphasis on quality components ensures optimal performance, reducing the impact of poor durability and external damage. Also, advancements are extending the design life of inverters, overcoming the two-decade limitation. The concerted effort to enhance reliability is expected to propel the Europe Distributed Solar Power Generation Market over the forecast period.

Impact of Escalating Geopolitical Tensions on Europe Distributed Solar Power Generation Market

Rising geopolitical tensions are significantly influencing the Europe Distributed Solar Power Generation Market. The region's solar market is experiencing fluctuations due to uncertainties linked to geopolitical events. Notably, incidents like political disputes affecting energy supply chains have disrupted the market dynamics. Additionally, trade tensions and diplomatic conflicts have led to fluctuating investment patterns, impacting the growth trajectory of the distributed solar power sector in Europe. Geopolitical tensions, such as Russia-Ukraine war, pose a threat to the stability and development of the renewable energy market, hindering its growth potential. As a consequence, stakeholders in the industry are closely monitoring the geopolitical dynamics to navigate the evolving landscape and mitigate potential risks.

Europe Distributed Solar Power Generation Market

Segmental Coverage

Europe Distributed Solar Power Generation Market – By Solar Module

Based on solar module, Europe Distributed Solar Power Generation Market is divided into Monocrystalline, Polycrystalline, Cadmium Telluride, and Amorphous Silicon segments. The monocrystalline segment dominates the market, surpassing other segments such as polycrystalline, cadmium telluride, and amorphous silicon. The monocrystalline solar technology holds a prominent position, reflecting its higher efficiency and performance compared to other alternatives in the market. As the preferred choice among consumers and industries, monocrystalline solar panels contribute significantly to the region's solar power generation landscape, emphasizing their pivotal role in driving sustainable energy solutions across Europe.

Europe Distributed Solar Power Generation Market – By Type

Based on type, Europe Distributed Solar Power Generation Market is divided into Rooftops and Ground-Mounted segments. The rooftop segment is a larger type, indicating a significant preference for solar power generation on building structures. The trend reflects a notable emphasis on harnessing solar energy from existing rooftops, contributing substantially to the region's distributed solar power landscape.

Europe Distributed Solar Power Generation Market – By End Use

By end use, Europe Distributed Solar Power Generation Market is divided into Residential, Commercial, and Industrial segments. The commercial segment emerges as the largest end use segment, showcasing substantial growth and significant market share. With increasing adoption and demand in commercial settings, the segment plays a pivotal role in shaping the landscape of distributed solar power generation in Europe. Its prominence highlights the expanding influence of solar energy solutions in commercial establishments, underscoring a key trend in the region's renewable energy market.

Europe Distributed Solar Power Generation Market – By Country

Based on country, Europe Distributed Solar Power Generation Market is divided into Germany, United Kingdom, Italy, France, Spain, Belgium, Russia, the Netherlands, and Rest of Europe. Germany accounts for the highest market share, leading the way in harnessing solar energy. Other key European countries, including the UK, Italy, France, Spain, Belgium, Russia, and the Netherlands, encompassing in the Rest of Europe. Germany's robust presence underscores its significant contributions to the advancement and adoption of distributed solar power generation technologies across the continent. The collaborative efforts of these nations collectively shape the dynamic and evolving solar energy market in Europe.

Competitive Landscape

Major players in the Europe Distributed Solar Power Generation Market include Suntech Power Holdings Co. Ltd, First Solar Inc., Yingli Energy Development Co., Ltd, Trina Solar Limited, Sharp Solar Energy Solutions Group, Canadian Solar Inc., and Tesla Inc. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

• In October 2020 - Amazon commenced the operation of the solar system on its largest European warehouse in Essex, United Kingdom. The roof is made up of 11,500 solar panels, which would be able to produce 2,700-megawatt-hours of electricity per year, enough to power 700 homes/year.

Scope of Report

By Solar Module

• Monocrystalline

• Polycrystalline

• Cadmium Telluride

• Amorphous Silicon

By Type

• Rooftops

• Ground-Mounted

By End Use

• Residential

• Commercial

• Industrial

By Country

• Germany

• UK

• Italy

• France

• Spain

• Belgium

• Russia

• The Netherlands

• Rest of Europe

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. Europe Distributed Solar Power Generation Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Rising electricity demand
         2. Increasing government support
      2. Restraints
         1. High upfront costs
      3.  Opportunities
         1. Growing environmental concerns
      4. Challenges
         1. Lack of awareness and understanding
      5. Challenges
         1. Safety concerns
   3. Technological Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. Europe Distributed Solar Power Generation Market Overview
   1. Market Solar Module & Forecast, 2019–2030
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Solar Module
         1. Monocrystalline
         2. Polycrystalline
         3. Cadmium Telluride
         4. Amorphous Silicon
      2. By Type
         1. Rooftops
         2. Ground-Mounted
      3. By End Use
         1. Residential
         2. Commercial
         3. Industrial
      4. By Country
         1. Germany
         2. United Kingdom
         3. Italy
         4. France
         5. Spain
         6. Belgium
         7. Russia
         8. The Netherlands
         9. Rest of Europe
5. Germany Distributed Solar Power Generation Market
   1. Market Solar Module & Forecast, 2019–2030
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Solar Module
      2. By Type
      3. By End Use
6. United Kingdom Distributed Solar Power Generation Market
   1. Market Solar Module & Forecast, 2019–2030
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Solar Module
      2. By Type
      3. By End Use
7. Italy Distributed Solar Power Generation Market
   1. Market Solar Module & Forecast, 2019–2030
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Solar Module
      2. By Type
      3. By End Use
8. France Distributed Solar Power Generation Market
   1. Market Solar Module & Forecast, 2019–2030
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Solar Module
      2. By Type
      3. By End Use
9. Spain Distributed Solar Power Generation Market
   1. Market Solar Module & Forecast, 2019–2030
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Solar Module
      2. By Type
      3. By End Use
10. Belgium Distributed Solar Power Generation Market
    1. Market Solar Module & Forecast, 2019–2030
       1. By Value (USD Billion)
    2. Market Share & Forecast
       1. By Solar Module
       2. By Type
       3. By End Use
11. Russia Distributed Solar Power Generation Market
    1. Market Solar Module & Forecast, 2019–2030
       1. By Value (USD Billion)
    2. Market Share & Forecast
       1. By Solar Module
       2. By Type
       3. By End Use
12. Netherlands Distributed Solar Power Generation Market
    1. Market Solar Module & Forecast, 2019–2030
       1. By Value (USD Billion)
    2. Market Share & Forecast
       1. By Solar Module
       2. By Type
       3. By End Use
13. Rest of Europe Distributed Solar Power Generation Market
    1. Market Solar Module & Forecast, 2019–2030
       1. By Value (USD Billion)
    2. Market Share & Forecast
       1. By Solar Module
       2. By Type
       3. By End Use
14. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Europe Distributed Solar Power Generation Company Market Share Analysis, 2023
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
15. Impact of Escalating Geopolitical Tensions on Europe Distributed Solar Power Generation Market
16. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
    1. Suntech Power Holdings Co. Ltd
    2. First Solar Inc.
    3. Yingli Energy Development Co., Ltd
    4. Trina Solar Limited
    5. Sharp Solar Energy Solutions Group
    6. Canadian Solar Inc.
    7. Tesla Inc.
    8. Other Prominent Players
17. Key Strategic Recommendations
18. Research Methodology
    1.    Qualitative Research
       1.  Primary & Secondary Research
    2.    Quantitative Research
    3.    Market Breakdown & Data Triangulation
       1.  Secondary Research
       2.  Primary Research
    4.    Breakdown of Primary Research Respondents, By Country
    5.    Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

List of Figures

Figure 1       Europe Distributed Solar Power Generation Segmentation

Figure 2       Europe Distributed Solar Power Generation Market Value Chain Analysis        

Figure 3       Company Market Share Analysis, 2023

Figure 4       Europe Distributed Solar Power Generation Market Size, By Value (USD Billion), 2019–2030 

Figure 5       Europe Distributed Solar Power Generation Market Share, By Solar Module, By Value, 2019–2030

Figure 6       Europe Distributed Solar Power Generation Market Share, By Type, By Value, 2019–2030 

Figure 7       Europe Distributed Solar Power Generation Market Share, By End Use, By Value, 2019–2030 

Figure 8       Europe Distributed Solar Power Generation Market Share, By Country, By Value, 2019–2030 

Figure 9       Germany Distributed Solar Power Generation Market Size, By Value (USD Billion), 2019–2030 

Figure 10     Germany Distributed Solar Power Generation Market Share, By Solar Module, By Value, 2019–2030

Figure 11     Germany Distributed Solar Power Generation Market Share, By Type, By Value, 2019–2030 

Figure 12     Germany Distributed Solar Power Generation Market Share, By End Use, By Value, 2019–2030 

Figure 13     United Kingdom Distributed Solar Power Generation Market Size, By Value (USD Billion), 2019–2030        

Figure 14     United Kingdom Distributed Solar Power Generation Market Share, By Solar Module, By Value, 2019–2030  

Figure 15     United Kingdom Distributed Solar Power Generation Market Share, By Type, By Value, 2019–2030

Figure 16     United Kingdom Distributed Solar Power Generation Market Share, By End Use, By Value, 2019–2030

Figure 17     Italy Distributed Solar Power Generation Market Size, By Value (USD Billion), 2019–2030 

Figure 18     Italy Distributed Solar Power Generation Market Share, By Solar Module, By Value, 2019–2030

Figure 19     Italy Distributed Solar Power Generation Market Share, By Type, By Value, 2019–2030 

Figure 20     Italy Distributed Solar Power Generation Market Share, By End Use, By Value, 2019–2030 

Figure 21     France Distributed Solar Power Generation Market Size, By Value (USD Billion), 2019–2030 

Figure 22     France Distributed Solar Power Generation Market Share, By Solar Module, By Value, 2019–2030

Figure 23     France Distributed Solar Power Generation Market Share, By Type, By Value, 2019–2030 

Figure 24     France Distributed Solar Power Generation Market Share, By End Use, By Value, 2019–2030 

Figure 25     Spain Distributed Solar Power Generation Market Size, By Value (USD Billion), 2019–2030 

Figure 26     Spain Distributed Solar Power Generation Market Share, By Solar Module, By Value, 2019–2030

Figure 27     Spain Distributed Solar Power Generation Market Share, By Type, By Value, 2019–2030 

Figure 28     Spain Distributed Solar Power Generation Market Share, By End Use, By Value, 2019–2030 

Figure 29     Belgium Distributed Solar Power Generation Market Size, By Value (USD Billion), 2019–2030 

Figure 30     Belgium Distributed Solar Power Generation Market Share, By Solar Module, By Value, 2019–2030

Figure 31     Belgium Distributed Solar Power Generation Market Share, By Type, By Value, 2019–2030 

Figure 32     Belgium Distributed Solar Power Generation Market Share, By End Use, By Value, 2019–2030 

Figure 33     Russia Distributed Solar Power Generation Market Size, By Value (USD Billion), 2019–2030 

Figure 34     Russia Distributed Solar Power Generation Market Share, By Solar Module, By Value, 2019–2030

Figure 35     Russia Distributed Solar Power Generation Market Share, By Type, By Value, 2019–2030 

Figure 36     Russia Distributed Solar Power Generation Market Share, By End Use, By Value, 2019–2030 

Figure 37     The Netherlands Distributed Solar Power Generation Market Size, By Value (USD Billion), 2019–2030        

Figure 38     The Netherlands Distributed Solar Power Generation Market Share, By Solar Module, By Value, 2019–2030  

Figure 39     The Netherlands Distributed Solar Power Generation Market Share, By Type, By Value, 2019–2030

Figure 40     The Netherlands Distributed Solar Power Generation Market Share, By End Use, By Value, 2019–2030     

Figure 41     Rest of Europe Distributed Solar Power Generation Market Size, By Value (USD Billion), 2019–2030        

Figure 42     Rest of Europe Distributed Solar Power Generation Market Share, By Solar Module, By Value, 2019–2030  

Figure 43     Rest of Europe Distributed Solar Power Generation Market Share, By Type, By Value, 2019–2030

Figure 44     Rest of Europe Distributed Solar Power Generation Market Share, By End Use, By Value, 2019–2030

List of Tables

Table 1        Europe Distributed Solar Power Generation Market Size, By Value (USD Billion), 2019–2030 

Table 2        Europe Distributed Solar Power Generation Market Size, By Solar Module, By Value, 2019–2030

Table 3        Europe Distributed Solar Power Generation Market Size, By Type, By Value, 2019–2030 

Table 4        Europe Distributed Solar Power Generation Market Size, By End Use, By Value, 2019–2030 

Table 5        Europe Distributed Solar Power Generation Market Size, By Country, By Value, 2019–2030 

Table 6        Germany Distributed Solar Power Generation Market Size, By Value (USD Billion), 2019–2030 

Table 7        Germany Distributed Solar Power Generation Market Size, By Solar Module, By Value, 2019–2030

Table 8        Germany Distributed Solar Power Generation Market Size, By Type, By Value, 2019–2030 

Table 9        Germany Distributed Solar Power Generation Market Size, By End Use, By Value, 2019–2030 

Table 10      United Kingdom Distributed Solar Power Generation Market Size, By Value (USD Billion), 2019–2030        

Table 11      United Kingdom Distributed Solar Power Generation Market Size, By Solar Module, By Value, 2019–2030     

Table 12      United Kingdom Distributed Solar Power Generation Market Size, By Type, By Value, 2019–2030

Table 13      United Kingdom Distributed Solar Power Generation Market Size, By End Use, By Value, 2019–2030

Table 14      Italy Distributed Solar Power Generation Market Size, By Value (USD Billion), 2019–2030 

Table 15      Italy Distributed Solar Power Generation Market Size, By Solar Module, By Value, 2019–2030 

Table 16      Italy Distributed Solar Power Generation Market Size, By Type, By Value, 2019–2030 

Table 17      Italy Distributed Solar Power Generation Market Size, By End Use, By Value, 2019–2030 

Table 18      France Distributed Solar Power Generation Market Size, By Value (USD Billion), 2019–2030 

Table 19      France Distributed Solar Power Generation Market Size, By Solar Module, By Value, 2019–2030

Table 20      France Distributed Solar Power Generation Market Size, By Type, By Value, 2019–2030 

Table 21      France Distributed Solar Power Generation Market Size, By End Use, By Value, 2019–2030 

Table 22      Spain Distributed Solar Power Generation Market Size, By Value (USD Billion), 2019–2030 

Table 23      Spain Distributed Solar Power Generation Market Size, By Solar Module, By Value, 2019–2030 

Table 24      Spain Distributed Solar Power Generation Market Size, By Type, By Value, 2019–2030 

Table 25      Spain Distributed Solar Power Generation Market Size, By End Use, By Value, 2019–2030 

Table 26      Belgium Distributed Solar Power Generation Market Size, By Value (USD Billion), 2019–2030 

Table 27      Belgium Distributed Solar Power Generation Market Size, By Solar Module, By Value, 2019–2030

Table 28      Belgium Distributed Solar Power Generation Market Size, By Type, By Value, 2019–2030 

Table 29      Belgium Distributed Solar Power Generation Market Size, By End Use, By Value, 2019–2030 

Table 30      Russia Distributed Solar Power Generation Market Size, By Value (USD Billion), 2019–2030 

Table 31      Russia Distributed Solar Power Generation Market Size, By Solar Module, By Value, 2019–2030

Table 32      Russia Distributed Solar Power Generation Market Size, By Type, By Value, 2019–2030 

Table 33      Russia Distributed Solar Power Generation Market Size, By End Use, By Value, 2019–2030 

Table 34      The Netherlands Distributed Solar Power Generation Market Size, By Value (USD Billion), 2019–2030        

Table 35      The Netherlands Distributed Solar Power Generation Market Size, By Solar Module, By Value, 2019–2030  

Table 36      The Netherlands Distributed Solar Power Generation Market Size, By Type, By Value, 2019–2030

Table 37      The Netherlands Distributed Solar Power Generation Market Size, By End Use, By Value, 2019–2030

Table 38      Rest of Europe Distributed Solar Power Generation Market Size, By Value (USD Billion), 2019–2030        

Table 39      Rest of Europe Distributed Solar Power Generation Market Size, By Solar Module, By Value, 2019–2030     

Table 40      Rest of Europe Distributed Solar Power Generation Market Size, By Type, By Value, 2019–2030

Table 41      Rest of Europe Distributed Solar Power Generation Market Size, By End Use, By Value, 2019–2030

Table 42      Suntech Power Holdings Co. Ltd Company Overview

Table 43      Suntech Power Holdings Co. Ltd Financial Overview

Table 44      First Solar Inc. Company Overview

Table 45      First Solar Inc. Financial Overview

Table 46      Yingli Energy Development Co., Ltd Company Overview

Table 47      Yingli Energy Development Co., Ltd Financial Overview

Table 48      Trina Solar Limited Company Overview

Table 49      Trina Solar Limited Financial Overview

Table 50      Sharp Solar Energy Solutions Group Company Overview

Table 51      Sharp Solar Energy Solutions Group Financial Overview

Table 52      Canadian Solar Inc. Company Overview

Table 53      Canadian Solar Inc. Financial Overview

Table 54      Tesla Inc. Company Overview

Table 55      Tesla Inc. Financial Overview