Market Size of Poland Solar Energy Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | 15.00 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Poland Solar Energy Market Analysis
The Poland solar energy market is expected to reach 13 GW by the end of the current year, and it is projected to register a CAGR of 15% during the forecast period.
Although the COVID-19 pandemic affected the market studied in 2020, the market studied has been recovering and reached pre-pandemic levels. Over the forecast period, favorable government policies are expected to stimulate the Poland solar energy market's growth. Increasing investments and upcoming solar energy projects are also expected to drive the growth of the market studied. However, the growing adoption of alternative clean energy sectors is expected to hinder the market's growth. The advancing solar technology and private player investment are anticipated to provide ample opportunities to the Poland solar energy market in the future.
Poland Solar Energy Industry Segmentation
Solar energy is a type of renewable energy where solar panels are used to generate electricity. Solar panels deployed on rooftops or mounted on the grounds are utilized effectively by energy consumers. In Poland, solar energy is the fastest-growing source of all renewable energy, and it is expected to outperform all rival sectors in the Polish energy industry.
The Polish solar energy market is segmented by location of deployment and end user. By the location of deployment, the market is segmented into ground-mounted and rooftop. By end user, the market is segmented into residential, commercial and industrial, and utility. The market sizing and forecasts for each segment have been considered based on the installed capacity (MW).
By Location of Deployment | |
Ground Mounted | |
Rooftop |
By End User | |
Residential | |
Commerical and Industrial | |
Utility |
Poland Solar Energy Market Size Summary
The Poland solar energy market is experiencing significant growth, driven by favorable government policies and increasing investments in solar projects. Despite the initial impact of the COVID-19 pandemic, the market has rebounded to pre-pandemic levels and is expected to continue expanding. The residential segment, in particular, is poised for substantial growth due to government support and decreasing costs of solar photovoltaic (PV) systems. The market is characterized by a mix of small-scale rooftop systems and larger installations, with a notable increase in the number of registered small-scale systems. Government initiatives, such as the My Electricity program, aim to enhance energy self-consumption from solar installations, further boosting the residential solar segment.
Poland has emerged as a leading solar PV investment market in Europe, with supportive policies at both national and European Union levels facilitating growth. The market is dominated by prosumers, who account for a significant portion of the installed solar capacity. The Polish government has implemented various incentive schemes, including a contract for difference system and feed-in tariffs, to encourage solar power adoption. These policies, along with the extension of auction systems and the introduction of a net-billing system, are expected to accelerate market growth. The market is partially fragmented, with key players actively expanding their portfolios through acquisitions and investments in solar projects.
Poland Solar Energy Market Size - Table of Contents
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1. MARKET OVERVIEW
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1.1 Introduction
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1.2 Solar Energy Installed Capacity and Forecast, in Megawatt (MW), Till 2027
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1.3 Government Policies and Regulations
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1.4 Recent Trends and Developments
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1.5 Market Dynamics
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1.5.1 Drivers
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1.5.2 Restraints
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1.6 Supply Chain Analysis
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1.7 PESTLE Analysis
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2. MARKET SEGMENTATION
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2.1 By Location of Deployment
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2.1.1 Ground Mounted
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2.1.2 Rooftop
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2.2 By End User
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2.2.1 Residential
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2.2.2 Commerical and Industrial
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2.2.3 Utility
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Poland Solar Energy Market Size FAQs
What is the current Poland Solar Energy Market size?
The Poland Solar Energy Market is projected to register a CAGR of greater than 15% during the forecast period (2024-2029)
Who are the key players in Poland Solar Energy Market?
R. Power Sp. Z O.o., Baywa Ag, Engie S.A., Engie S.A., Sun Investment Group and Green Genius Sp. Z O.o. are the major companies operating in the Poland Solar Energy Market.