UK solar panel market is estimated to grow considerably at a CAGR of around 15.4% during the forecast period. UK is among the largest economy in Europe, majorly owing to its trading power and financial businesses. According to The Solar Trade Association (STA), the installation of solar panels in the country has been tumbling in 2017. The STA reported that it was particularly concerned by a 65% drop in the number of large-scale solar schemes on hospitals, factories, and other large buildings, which may well, have been caused by the business rate increase. Between January and March, there were about 650 rooftop deployments a week – a fall of more than 75% on the long-term average of 2,700, a week since 2010.
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The market study of the UK solar panel market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
UK Solar Panel Market by Technology
- Monocrystalline Solar Panel
- Polycrystalline Solar Panel
- Thin-Film Crystalline Solar Panel
- Other Solar Panels
UK Solar Panel Market by End-User
- Household Sector
- Corporate Sector
Company Profiles
- Chiltern Solar Ltd.
- Custom Solar Ltd.
- First Solar, Inc.
- Joju Solar
- Juwi Holding AG
- Mypower
- Naked Solar Ltd.
- Solarsense UK Ltd.
- SunPower Corp.
- UK Solar Power Ltd.
The Report Covers
- Comprehensive research methodology of the UK solar panel market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the UK solar panel market.
- Insights about market determinants which are stimulating the UK solar panel market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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