Market Size of Netherlands Solar Energy Industry
Study Period | 2019-2029 |
Base Year For Estimation | 2023 |
Market Volume (2024) | 18.76 gigawatt |
Market Volume (2029) | 30.40 gigawatt |
CAGR (2024 - 2029) | 10.14 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Netherlands Solar Energy Market Analysis
The Netherlands Solar Energy Market size in terms of installed base is expected to grow from 18.76 gigawatt in 2024 to 30.40 gigawatt by 2029, at a CAGR of 10.14% during the forecast period (2024-2029).
- Over the medium term, the factors that will drive the market are the rising demand for clean energy, efforts to reduce greenhouse gas emissions, and government policies that make it easier to install solar panels during the forecast period.
- On the other hand, the focus on other clean, renewable energy sources is likely to slow the growth of the Netherlands solar energy market during the forecast period.
- Nevertheless, the Dutch energy policy plans to reduce greenhouse gas emissions (GHG) by 49% by 2030 and 95% by 2050, and 100% of electricity to come from renewable sources by 2050. This, in turn, expected to create huge opportunities for the solar energy market.