France Renewable Energy Market Introduction and Overview
According to SPER Market Research, the France Renewable Energy Market is estimated to reach USD XX billion by 2033 with a CAGR of 8.5%.
The report includes an in-depth analysis of the France Renewable Energy Market, including market size and trends, product mix, distribution channels, and supplier analysis. Sunlight and wind are examples of natural sources of renewable energy. Among the main sources of renewable energy are hydropower, ocean power, geothermal, wind, solar, and bioenergy. Renewable energy is currently used in the transportation, heating, power, and cooling industries. About 7% of the world's energy needs are met by renewable energy sources combined. Compared to fossil fuels, renewable energy is comparatively more expensive.
- The French government declared in February 2022 that it intended to have installed solar PV capacity exceeding 100GW by the year 2050. It is anticipated that this will benefit the market under investigation.
- TotalEnergies inaugurated its largest photovoltaic solar power plant, capable of producing 55 megawatts (MW), in France in November 2021. 126,000 photovoltaic panels are dispersed over 75 hectares in the solar farm, which is northeast of Gien (Loiret).
Market Opportunities and Challenges
Opportunities: The use of renewable energy is influenced by a number of factors, the most important of which is the belief that carbon dioxide (CO2) emissions from the burning of fossil fuels are to blame for global warming. During the forecast period, the demand for geothermal power is expected to be driven by concerns about reducing greenhouse gas emissions, an increase in the need for energy security combined with aversion to traditional nuclear power, and a lack of advancement in the application of nuclear power. Because renewable energy sources have lower maintenance costs, are less polluting, and increase output efficiency, governments in both developed and developing nations have made them a priority. The demand for renewable energy is increased by all of these factors combined, which also contributes to the growth of the France renewable energy market.
Challenges: The French renewable energy market faces a variety of challenges, including technological, legal, and economic ones. The financial aspects of renewable energy projects present one major obstacle. The initial investment costs for implementing renewable energy technologies, like solar and wind, can be high, despite the long-term benefits and sustainability potential. For market participants, obtaining capital and overcoming financial obstacles continue to be significant challenges. The dynamics of the market may also be impacted by policy changes and regulatory uncertainties.
Market Competitive Landscape
France Renewable Energy Market is highly consolidated. The major players in the market are Albioma SA, Andritz Group, EDF Renewables, Engie SA, General Electric Company, meeco AG, Siemens Gamesa Renewable Energy SA, TotalEnergies SE, Vestas Wind Systems AS, Voltalia SA.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type, By End User
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| Regions covered | Eastern Region, Western Region, Southern Region, Northern Region
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| Companies Covered | Albioma SA, Andritz Group, EDF Renewables, Engie SA, General Electric Company, meeco AG, Siemens Gamesa Renewable Energy SA, TotalEnergies SE, Vestas Wind Systems AS, Voltalia SA.
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COVID-19 Impact on France Renewable Energy Market
One of the worst-hit nations by the COVID-19 pandemic is France, which was also the first to impose widespread lockdowns and restrict travel rights. Manufacturers further slowed down the value chain and felt the financial effects of the pandemic, and suppliers of renewable energy also had to drastically cut back on output.
Key Target Audience:
- Government and Regulatory Bodies
- Energy Companies and Utilities
- Investors and Financial Institutions
- Technology Providers
- Consumers
- Research and Development Institutions
- Consulting and Advisory Services
Our in-depth analysis of the France Renewable Energy Market includes the following segments:
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By Type: |
Solar
Wind
Hydro
Others
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By End-User: |
Residential
Commercial
Industrial
Others
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By Region: |
Eastern Region
Western Region
Southern Region
Northern Region
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Key Topics Covered in the Report:
- France Renewable Energy Market Size (FY’2023-FY’2033)
- Overview of France Renewable Energy Market
- Segmentation of France Renewable Energy Market By Type (Solar, Wind, Hydro, Others)
- Segmentation of France Renewable Energy Market By End-User (Residential, Commercial, Industrial, Others)
- Statistical Snap of France Renewable Energy Market
- Expansion Analysis of France Renewable Energy Market
- Problems and Obstacles in France Renewable Energy Market
- Competitive Landscape in the France Renewable Energy Market
- Impact of COVID-19 and Demonetization on France Renewable Energy Market
- Details on Current Investment in France Renewable Energy Market
- Competitive Analysis of France Renewable Energy Market
- Prominent Players in the France Renewable Energy Market
- SWOT Analysis of France Renewable Energy Market
- France Renewable Energy Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the France Renewable Energy Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. France Renewable Energy Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in France Renewable Energy Market
7. France Renewable Energy Market, By Type (USD Million)
7.1. France Renewable Energy Market Value Share and Forecast, By Type, 2023-2033
7.2. Solar
7.3. Wind
7.4. Hydro
7.5. Others
8. France Renewable Energy Market, By End-User (USD Million)
8.1. France Renewable Energy Market Value Share and Forecast, By End-User, 2023-2033
8.2. Residential
8.3. Commercial
8.4. Industrial
8.5. Others
9. France Renewable Energy Market Forecast, 2019-2033 (USD Million)
9.1. France Renewable Energy Market Size and Market Share
10. France Renewable Energy Market, By Type, 2019-2033 (USD Million)
10.1. France Renewable Energy Market Size and Market Share By Type (2019-2026)
10.2. France Renewable Energy Market Size and Market Share By Type (2027-2033)
11. France Renewable Energy Market, By End-User, 2019-2033 (USD Million)
11.1. France Renewable Energy Market Size and Market Share By End-User (2019-2026)
11.2. France Renewable Energy Market Size and Market Share By End-User (2027-2033)
12. France Renewable Energy Market, By Region, 2019-2033 (USD Million)
12.1. France Renewable Energy Market Size and Market Share By Region (2019-2026)
12.2. France Renewable Energy Market Size and Market Share By Region (2027-2033)
12.3. Eastern Region
12.4. Western Region
12.5. Southern Region
12.6. Northern Region
13. Company Profile
13.1. Albioma SA
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Andritz Group
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. EDF Renewables
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Engie SA
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. General Electric Company
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. meeco AG
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. Siemens Gamesa Renewable Energy SA
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. TotalEnergies SE
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Vestas Wind Systems AS
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. Voltalia SA
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments
13.11. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
