France Solar Pv Panels Market Size & Outlook, 2023-2030
France solar pv panels market, 2018-2030 (US$M)
Related Markets
France solar pv panels market highlights
- The France solar pv panels market generated a revenue of USD 5,190.5 million in 2023 and is expected to reach USD 8,516.1 million by 2030.
- The France market is expected to grow at a CAGR of 7.3% from 2024 to 2030.
- In terms of segment, thin film was the largest revenue generating technology in 2023.
- Thin Film is the most lucrative technology segment registering the fastest growth during the forecast period.
Solar pv panels market data book summary
| Market revenue in 2023 | USD 5,190.5 million |
| Market revenue in 2030 | USD 8,516.1 million |
| Growth rate | 7.3% (CAGR from 2023 to 2030) |
| Largest segment | Thin film |
| Fastest growing segment | Thin Film |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Thin Film, Crystalline Silicon |
| Key market players worldwide | JinkoSolar Holding Co Ltd DR, Canadian Solar Inc, Hanwha, GCL Technology Holdings Ltd, First Solar Inc, SunPower Corp |
Other key industry trends
- In terms of revenue, France accounted for 3.0% of the global solar pv panels market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Russia solar pv panels market is projected to lead the regional market in terms of revenue in 2030.
- Croatia is the fastest growing regional market in Europe and is projected to reach USD 1,371.6 million by 2030.
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Solar PV Panels Market Scope
Solar PV Panels Market Companies
| Name | Profile | # Employees | HQ | Website |
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France solar pv panels market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to solar pv panels market will help companies and investors design strategic landscapes.
Thin film was the largest segment with a revenue share of 44.21% in 2023. Horizon Databook has segmented the France solar pv panels market based on thin film, crystalline silicon covering the revenue growth of each sub-segment from 2018 to 2030.
France is a developed country with a high energy generation demand. The government has been investing in renewable energy generation sources and reduce its dependence on traditional energy sources. For instance, in January 2023, the French national assembly adopted Acceleration of Renewable Energies bill which mandated the installation of solar panels on all car parks with the size of more than 1,500 square meters.
Such favorable policies from the government are expected to augment the growth of the solar PV panels market in the country. In terms of revenue, France solar PV panels market is projected to grow at a CAGR of 8.1% over the forecast period.
The solar PV panel’s market growth is supported by the expanding solar industry in the country, driven by strong government support, ambitious long-term solar power projects, and limited scope for conventional thermal power capacity expansion.
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Horizon Databook provides a detailed overview of country-level data and insights on the France solar pv panels market , including forecasts for subscribers. This country databook contains high-level insights into France solar pv panels market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France solar pv panels market size, by technology, 2018-2030 (US$M)
France Solar PV Panels Market Outlook Share, 2023 & 2030 (US$M)
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