Italy solar panel market is estimated to grow considerably at a CAGR of around 15.6% during the forecast period. Italy has a significant market share in the overall market. Italy has a significant market share in the overall market. This can be attributed to the fact that the overall installations of solar panels in Italy are significantly high. The country has witnessed significant growth in the solar industry in the past years. According to IRENA, Italy witnessed a total of around 85% solar panel installation growth during 2006-2018. The country had a total installed capacity of 20,120 MW by the end of 2018. It observed an overall growth of 2.2% by the end of 2018 as compared to that of 2017. The Italian government issued a National energy strategy in 2017, the objective of this strategy was to make the energy sector more competitive and increase the emphasis on the use of renewable energy.

Visit for Global Solar Panel Market Report at: https://www.omrglobal.com/industry-reports/solar-panel-market-size

The solar panel market is segmented on the basis of solar panel technology and end-user. Based on solar panel technology, the market is segmented into monocrystalline silicon solar panel, polycrystalline silicon solar panel, thin-film solar panel, and others. Among these, the polycrystalline silicon solar panel contributes a significant share in the market, attributed to its advantages over other solar panels such as cost-effective and better efficiency. Based on end-user, the market is segmented into the household sector and the corporate sector. The corporate sector held a substantial share in the market in 2018. This is due to the high installation of solar panels in the corporate sector consisting of government projects and industrial general electricity applications.

The companies which are contributing to the growth of the Italy solar panel market include Hanwha Group, Peimar S.r.l., ContourGlobal PLC, GruppoSTG, and Enerray S.p.A. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market. 

Research Methodology

The market study of the Italy 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.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, various services offered by the players, and market opportunity. The report will serve as a source for 360-degree analysis of the market delivering insights for making better business decisions.

Market Segmentation

1. Italy Solar Panel Market Research and Analysis by Technology

2. Italy Solar Panel Market Research and Analysis by End-User

The Report Covers

• Comprehensive research methodology of the Italy 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 Italy solar panel market.
• Insights about market determinants which are stimulating the Italy solar panel market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.