Market Size of Netherlands Solar Energy Industry
![Netherlands Solar Energy Market Summary](https://s3.mordorintelligence.com/netherlands-solar-energy-market/1679130279601_netherlands-solar-energy-market_Market_Summary.webp)
Study Period | 2018- 2028 |
Base Year For Estimation | 2022 |
Forecast Data Period | 2024 - 2028 |
Historical Data Period | 2018 - 2021 |
CAGR | > 10.00 % |
Market Concentration | Medium |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
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Netherlands Solar Energy Market Analysis
During the time frame of the forecast, the Dutch solar energy market is expected to register a CAGR of over 10%.
In 2020, COVID-19 had a detrimental effect on the market. Presently, the market has reached pre-pandemic levels.
- Over the next five to ten years, the main things 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.
- On the other hand, the focus on other clean, renewable energy sources is likely to slow the growth of the Dutch 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 for 100% of electricity to come from renewable sources by 2050. This, in turn, leads to more renewable energy being used in the country, which should give the solar market a lot of chances to grow.