About Market Research Forecast

MR Forecast provides premium market intelligence on deep technologies that can cause a high level of disruption in the market within the next few years. When it comes to doing market viability analyses for technologies at very early phases of development, MR Forecast is second to none. What sets us apart is our set of market estimates based on secondary research data, which in turn gets validated through primary research by key companies in the target market and other stakeholders. It only covers technologies pertaining to Healthcare, IT, big data analysis, block chain technology, Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), Energy & Power, Automobile, Agriculture, Electronics, Chemical & Materials, Machinery & Equipment's, Consumer Goods, and many others at MR Forecast. Market: The market section introduces the industry to readers, including an overview, business dynamics, competitive benchmarking, and firms' profiles. This enables readers to make decisions on market entry, expansion, and exit in certain nations, regions, or worldwide. Application: We give painstaking attention to the study of every product and technology, along with its use case and user categories, under our research solutions. From here on, the process delivers accurate market estimates and forecasts apart from the best and most meaningful insights.

Products generically come under this phrase and may imply any number of goods, components, materials, technology, or any combination thereof. Any business that wants to push an innovative agenda needs data on product definitions, pricing analysis, benchmarking and roadmaps on technology, demand analysis, and patents. Our research papers contain all that and much more in a depth that makes them incredibly actionable. Products broadly encompass a wide range of goods, components, materials, technologies, or any combination thereof. For businesses aiming to advance an innovative agenda, access to comprehensive data on product definitions, pricing analysis, benchmarking, technological roadmaps, demand analysis, and patents is essential. Our research papers provide in-depth insights into these areas and more, equipping organizations with actionable information that can drive strategic decision-making and enhance competitive positioning in the market.

Report banner
Home
Industries
Information & Technology
Information & Technology

report thumbnailSolar Insurance

Solar Insurance Unlocking Growth Opportunities: Analysis and Forecast 2025-2033

Solar Insurance by Type (Solar Panel Property Insurance, Solar Contractor Insurance, Solar Panel Production Insurance), by Application (Manufacturer, Contractor, Installed Clients), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2025-2033

Feb 11 2025

Base Year: 2024

176 Pages

Main Logo

Solar Insurance Unlocking Growth Opportunities: Analysis and Forecast 2025-2033

Main Logo

Solar Insurance Unlocking Growth Opportunities: Analysis and Forecast 2025-2033




Key Insights

The global solar insurance market is projected to reach a value of $11,470 million by 2033, expanding at a CAGR of 8.2% from 2025 to 2033. The growth of the market is attributed to the increasing adoption of solar energy systems, rising awareness about the need for insurance coverage for solar installations, and supportive government policies promoting solar energy development. Solar panel property insurance, solar contractor insurance, and solar panel production insurance are the key types of solar insurance available. The application segments include manufacturers, contractors, and installed clients.

North America and Europe are the dominant regions in the solar insurance market, accounting for a significant share of the market revenue. The Asia Pacific region is expected to witness substantial growth in the coming years due to the increasing adoption of solar energy in countries such as China, India, and Japan. Key industry players include Solarif, ADF Insurance Brokers, Anora Agency, Ara's Hourzad Mechatronic Industries, Assicurazioni Generali, Atlantic Union Gen, Aviva, Axelent Partners, Blackfriars Group, and Canopius. These companies offer a range of solar insurance products and services to meet the needs of homeowners, businesses, and solar professionals.

Solar Insurance Research Report - Market Size, Growth & Forecast

Solar Insurance Trends

The solar insurance market is experiencing significant growth, driven by the increasing adoption of solar energy systems worldwide. This growth is expected to continue in the coming years, as more and more businesses and individuals switch to solar power to reduce their energy costs and carbon footprint.

According to a recent report by Grand View Research, the global solar insurance market size was valued at USD 444.4 million in 2020 and is projected to expand at a compound annual growth rate (CAGR) of 14.8% from 2021 to 2028. The growing demand for solar energy systems, coupled with favorable government policies and incentives, is expected to drive market growth over the forecast period.

Some of the key trends driving the growth of the solar insurance market include:

  • Increasing adoption of solar energy systems: The growing awareness of the environmental benefits and cost-saving advantages of solar energy systems is leading to their increasing adoption worldwide. This is particularly true in developing countries, where there is a high demand for affordable and reliable energy sources.
  • Favorable government policies and incentives: Many governments are offering incentives, such as tax breaks and subsidies, to encourage the adoption of solar energy systems. These incentives are making solar energy more affordable and attractive to businesses and individuals.
  • Technological advancements: The cost of solar energy systems has fallen significantly in recent years due to technological advancements. This is making solar energy more affordable and accessible to a wider range of consumers.

Driving Forces: What's Propelling the Solar Insurance

The growth of the solar insurance market is being driven by a number of factors, including:

  • The increasing adoption of solar energy systems: As the cost of solar energy systems continues to decline, more and more businesses and individuals are switching to solar power. This is creating a growing need for insurance products that can protect solar energy systems from damage and loss.
  • The increasing frequency and severity of extreme weather events: Climate change is leading to an increase in the frequency and severity of extreme weather events, such as hurricanes, tornadoes, and hail storms. These events can damage or destroy solar energy systems, which can result in significant financial losses.
  • The growing awareness of the benefits of solar insurance: Solar insurance can provide businesses and individuals with peace of mind knowing that their solar energy systems are protected from damage and loss. This can help to reduce the financial risk associated with owning a solar energy system.
Solar Insurance Growth

Challenges and Restraints in Solar Insurance

The solar insurance market is also facing a number of challenges and restraints, including:

  • The high cost of solar insurance: Solar insurance can be more expensive than traditional property insurance. This is because solar energy systems are often located on rooftops or in other exposed areas, which makes them more vulnerable to damage.
  • The lack of awareness of solar insurance: Many businesses and individuals are not aware of the benefits of solar insurance. This can lead to them being underinsured or uninsured, which can result in financial losses in the event of a claim.
  • The limited availability of solar insurance providers: Not all insurance companies offer solar insurance. This can make it difficult for businesses and individuals to find the right insurance coverage for their needs.

Key Region or Country & Segment to Dominate the Market

The Asia-Pacific region is expected to dominate the global solar insurance market over the forecast period. This is due to the growing demand for solar energy systems in the region, particularly in China and India.

The solar panel property insurance segment is expected to account for the largest share of the global solar insurance market over the forecast period. This is because solar panels are the most valuable components of a solar energy system.

The manufacturer segment is expected to account for the largest share of the global solar insurance market over the forecast period. This is because manufacturers are responsible for the design and production of solar energy systems.

Growth Catalysts in Solar Insurance Industry

The growth of the solar insurance market is being driven by a number of factors, including:

  • The increasing adoption of solar energy systems: As the cost of solar energy systems continues to decline, more and more businesses and individuals are switching to solar power. This is creating a growing need for insurance products that can protect solar energy systems from damage and loss.
  • The increasing frequency and severity of extreme weather events: Climate change is leading to an increase in the frequency and severity of extreme weather events, such as hurricanes, tornadoes, and hail storms. These events can damage or destroy solar energy systems, which can result in significant financial losses.
  • The growing awareness of the benefits of solar insurance: Solar insurance can provide businesses and individuals with peace of mind knowing that their solar energy systems are protected from damage and loss. This can help to reduce the financial risk associated with owning a solar energy system.

Leading Players in the Solar Insurance

  • Solarif:
  • ADF Insurance Brokers:
  • Anora Agency:
  • Ara's Hourzad Mechatronic, Industries:
  • Assicurazioni Generali:
  • Atlantic Union Gen:
  • Aviva:
  • Axelent Partners:
  • Blackfriars Group:
  • Canopius:
  • Chubb:
  • Coveris:
  • Daulby Read:
  • Energetic Insurance:
  • Energi Insurance Services:
  • GCube Insurance Services:
  • Global Insurance Brokers:
  • Helvetia:
  • Horton:
  • HSB:
  • Hybrid Financial:
  • Lockyers:
  • Marsh:
  • Naturesave:
  • NCI:
  • NVECO:
  • Nviro Insurance:
  • Owen-Dunn:
  • Park Insurance:

Significant Developments in Solar Insurance Sector

The solar insurance sector is constantly evolving, with new developments taking place all the time. Some of the most significant developments in recent years include:

  • The introduction of new insurance products: Insurance companies are developing new insurance products specifically designed to meet the needs of solar energy system owners. These products are typically more comprehensive and offer higher levels of coverage than traditional property insurance policies.
  • The expansion of insurance coverage: Insurance companies are expanding the coverage offered under their solar insurance policies to include new risks, such as cyberattacks and business interruption. This is providing solar energy system owners with more peace of mind and protection.
  • The development of new technologies: New technologies are being developed to help insurance companies assess the risk of solar energy systems more accurately. This is leading to more accurate and affordable insurance premiums for solar energy system owners.

Comprehensive Coverage Solar Insurance Report

This report provides a comprehensive overview of the solar insurance market, including the latest trends, challenges, and opportunities. The report also includes profiles of the leading solar insurance providers. This report is an essential resource for businesses and individuals who are considering purchasing solar insurance.

Solar Insurance Segmentation

  • 1. Type
    • 1.1. Overview: Global Solar Insurance Consumption Value
    • 1.2. Solar Panel Property Insurance
    • 1.3. Solar Contractor Insurance
    • 1.4. Solar Panel Production Insurance
  • 2. Application
    • 2.1. Overview: Global Solar Insurance Consumption Value
    • 2.2. Manufacturer
    • 2.3. Contractor
    • 2.4. Installed Clients

Solar Insurance Segmentation By Geography

  • 1. North America
    • 1.1. United States
    • 1.2. Canada
    • 1.3. Mexico
  • 2. South America
    • 2.1. Brazil
    • 2.2. Argentina
    • 2.3. Rest of South America
  • 3. Europe
    • 3.1. United Kingdom
    • 3.2. Germany
    • 3.3. France
    • 3.4. Italy
    • 3.5. Spain
    • 3.6. Russia
    • 3.7. Benelux
    • 3.8. Nordics
    • 3.9. Rest of Europe
  • 4. Middle East & Africa
    • 4.1. Turkey
    • 4.2. Israel
    • 4.3. GCC
    • 4.4. North Africa
    • 4.5. South Africa
    • 4.6. Rest of Middle East & Africa
  • 5. Asia Pacific
    • 5.1. China
    • 5.2. India
    • 5.3. Japan
    • 5.4. South Korea
    • 5.5. ASEAN
    • 5.6. Oceania
    • 5.7. Rest of Asia Pacific
Solar Insurance Regional Share


Solar Insurance REPORT HIGHLIGHTS

AspectsDetails
Study Period 2019-2033
Base Year 2024
Estimated Year 2025
Forecast Period2025-2033
Historical Period2019-2024
Growth RateCAGR of 8.2% from 2019-2033
Segmentation
    • By Type
      • Solar Panel Property Insurance
      • Solar Contractor Insurance
      • Solar Panel Production Insurance
    • By Application
      • Manufacturer
      • Contractor
      • Installed Clients
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • Europe
      • United Kingdom
      • Germany
      • France
      • Italy
      • Spain
      • Russia
      • Benelux
      • Nordics
      • Rest of Europe
    • Middle East & Africa
      • Turkey
      • Israel
      • GCC
      • North Africa
      • South Africa
      • Rest of Middle East & Africa
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • ASEAN
      • Oceania
      • Rest of Asia Pacific


Table of Contents

  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
      • 3.3. Market Restrains
      • 3.4. Market Trends
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Global Solar Insurance Analysis, Insights and Forecast, 2019-2031
    • 5.1. Market Analysis, Insights and Forecast - by Type
      • 5.1.1. Solar Panel Property Insurance
      • 5.1.2. Solar Contractor Insurance
      • 5.1.3. Solar Panel Production Insurance
    • 5.2. Market Analysis, Insights and Forecast - by Application
      • 5.2.1. Manufacturer
      • 5.2.2. Contractor
      • 5.2.3. Installed Clients
    • 5.3. Market Analysis, Insights and Forecast - by Region
      • 5.3.1. North America
      • 5.3.2. South America
      • 5.3.3. Europe
      • 5.3.4. Middle East & Africa
      • 5.3.5. Asia Pacific
  6. 6. North America Solar Insurance Analysis, Insights and Forecast, 2019-2031
    • 6.1. Market Analysis, Insights and Forecast - by Type
      • 6.1.1. Solar Panel Property Insurance
      • 6.1.2. Solar Contractor Insurance
      • 6.1.3. Solar Panel Production Insurance
    • 6.2. Market Analysis, Insights and Forecast - by Application
      • 6.2.1. Manufacturer
      • 6.2.2. Contractor
      • 6.2.3. Installed Clients
  7. 7. South America Solar Insurance Analysis, Insights and Forecast, 2019-2031
    • 7.1. Market Analysis, Insights and Forecast - by Type
      • 7.1.1. Solar Panel Property Insurance
      • 7.1.2. Solar Contractor Insurance
      • 7.1.3. Solar Panel Production Insurance
    • 7.2. Market Analysis, Insights and Forecast - by Application
      • 7.2.1. Manufacturer
      • 7.2.2. Contractor
      • 7.2.3. Installed Clients
  8. 8. Europe Solar Insurance Analysis, Insights and Forecast, 2019-2031
    • 8.1. Market Analysis, Insights and Forecast - by Type
      • 8.1.1. Solar Panel Property Insurance
      • 8.1.2. Solar Contractor Insurance
      • 8.1.3. Solar Panel Production Insurance
    • 8.2. Market Analysis, Insights and Forecast - by Application
      • 8.2.1. Manufacturer
      • 8.2.2. Contractor
      • 8.2.3. Installed Clients
  9. 9. Middle East & Africa Solar Insurance Analysis, Insights and Forecast, 2019-2031
    • 9.1. Market Analysis, Insights and Forecast - by Type
      • 9.1.1. Solar Panel Property Insurance
      • 9.1.2. Solar Contractor Insurance
      • 9.1.3. Solar Panel Production Insurance
    • 9.2. Market Analysis, Insights and Forecast - by Application
      • 9.2.1. Manufacturer
      • 9.2.2. Contractor
      • 9.2.3. Installed Clients
  10. 10. Asia Pacific Solar Insurance Analysis, Insights and Forecast, 2019-2031
    • 10.1. Market Analysis, Insights and Forecast - by Type
      • 10.1.1. Solar Panel Property Insurance
      • 10.1.2. Solar Contractor Insurance
      • 10.1.3. Solar Panel Production Insurance
    • 10.2. Market Analysis, Insights and Forecast - by Application
      • 10.2.1. Manufacturer
      • 10.2.2. Contractor
      • 10.2.3. Installed Clients
  11. 11. Competitive Analysis
    • 11.1. Global Market Share Analysis 2024
      • 11.2. Company Profiles
        • 11.2.1 Solarif
          • 11.2.1.1. Overview
          • 11.2.1.2. Products
          • 11.2.1.3. SWOT Analysis
          • 11.2.1.4. Recent Developments
          • 11.2.1.5. Financials (Based on Availability)
        • 11.2.2 ADF Insurance Brokers
          • 11.2.2.1. Overview
          • 11.2.2.2. Products
          • 11.2.2.3. SWOT Analysis
          • 11.2.2.4. Recent Developments
          • 11.2.2.5. Financials (Based on Availability)
        • 11.2.3 Anora Agency
          • 11.2.3.1. Overview
          • 11.2.3.2. Products
          • 11.2.3.3. SWOT Analysis
          • 11.2.3.4. Recent Developments
          • 11.2.3.5. Financials (Based on Availability)
        • 11.2.4 Ara's Hourzad Mechatronic
          • 11.2.4.1. Overview
          • 11.2.4.2. Products
          • 11.2.4.3. SWOT Analysis
          • 11.2.4.4. Recent Developments
          • 11.2.4.5. Financials (Based on Availability)
        • 11.2.5 Industries
          • 11.2.5.1. Overview
          • 11.2.5.2. Products
          • 11.2.5.3. SWOT Analysis
          • 11.2.5.4. Recent Developments
          • 11.2.5.5. Financials (Based on Availability)
        • 11.2.6 Assicurazioni Generali
          • 11.2.6.1. Overview
          • 11.2.6.2. Products
          • 11.2.6.3. SWOT Analysis
          • 11.2.6.4. Recent Developments
          • 11.2.6.5. Financials (Based on Availability)
        • 11.2.7 Atlantic Union Gen
          • 11.2.7.1. Overview
          • 11.2.7.2. Products
          • 11.2.7.3. SWOT Analysis
          • 11.2.7.4. Recent Developments
          • 11.2.7.5. Financials (Based on Availability)
        • 11.2.8 Aviva
          • 11.2.8.1. Overview
          • 11.2.8.2. Products
          • 11.2.8.3. SWOT Analysis
          • 11.2.8.4. Recent Developments
          • 11.2.8.5. Financials (Based on Availability)
        • 11.2.9 Axelent Partners
          • 11.2.9.1. Overview
          • 11.2.9.2. Products
          • 11.2.9.3. SWOT Analysis
          • 11.2.9.4. Recent Developments
          • 11.2.9.5. Financials (Based on Availability)
        • 11.2.10 Blackfriars Group
          • 11.2.10.1. Overview
          • 11.2.10.2. Products
          • 11.2.10.3. SWOT Analysis
          • 11.2.10.4. Recent Developments
          • 11.2.10.5. Financials (Based on Availability)
        • 11.2.11 Canopius
          • 11.2.11.1. Overview
          • 11.2.11.2. Products
          • 11.2.11.3. SWOT Analysis
          • 11.2.11.4. Recent Developments
          • 11.2.11.5. Financials (Based on Availability)
        • 11.2.12 Chubb
          • 11.2.12.1. Overview
          • 11.2.12.2. Products
          • 11.2.12.3. SWOT Analysis
          • 11.2.12.4. Recent Developments
          • 11.2.12.5. Financials (Based on Availability)
        • 11.2.13 Coveris
          • 11.2.13.1. Overview
          • 11.2.13.2. Products
          • 11.2.13.3. SWOT Analysis
          • 11.2.13.4. Recent Developments
          • 11.2.13.5. Financials (Based on Availability)
        • 11.2.14 Daulby Read
          • 11.2.14.1. Overview
          • 11.2.14.2. Products
          • 11.2.14.3. SWOT Analysis
          • 11.2.14.4. Recent Developments
          • 11.2.14.5. Financials (Based on Availability)
        • 11.2.15 Energetic Insurance
          • 11.2.15.1. Overview
          • 11.2.15.2. Products
          • 11.2.15.3. SWOT Analysis
          • 11.2.15.4. Recent Developments
          • 11.2.15.5. Financials (Based on Availability)
        • 11.2.16 Energi Insurance Services
          • 11.2.16.1. Overview
          • 11.2.16.2. Products
          • 11.2.16.3. SWOT Analysis
          • 11.2.16.4. Recent Developments
          • 11.2.16.5. Financials (Based on Availability)
        • 11.2.17 GCube Insurance Services
          • 11.2.17.1. Overview
          • 11.2.17.2. Products
          • 11.2.17.3. SWOT Analysis
          • 11.2.17.4. Recent Developments
          • 11.2.17.5. Financials (Based on Availability)
        • 11.2.18 Global Insurance Brokers
          • 11.2.18.1. Overview
          • 11.2.18.2. Products
          • 11.2.18.3. SWOT Analysis
          • 11.2.18.4. Recent Developments
          • 11.2.18.5. Financials (Based on Availability)
        • 11.2.19 Helvetia
          • 11.2.19.1. Overview
          • 11.2.19.2. Products
          • 11.2.19.3. SWOT Analysis
          • 11.2.19.4. Recent Developments
          • 11.2.19.5. Financials (Based on Availability)
        • 11.2.20 Horton
          • 11.2.20.1. Overview
          • 11.2.20.2. Products
          • 11.2.20.3. SWOT Analysis
          • 11.2.20.4. Recent Developments
          • 11.2.20.5. Financials (Based on Availability)
        • 11.2.21 HSB
          • 11.2.21.1. Overview
          • 11.2.21.2. Products
          • 11.2.21.3. SWOT Analysis
          • 11.2.21.4. Recent Developments
          • 11.2.21.5. Financials (Based on Availability)
        • 11.2.22 Hybrid Financial
          • 11.2.22.1. Overview
          • 11.2.22.2. Products
          • 11.2.22.3. SWOT Analysis
          • 11.2.22.4. Recent Developments
          • 11.2.22.5. Financials (Based on Availability)
        • 11.2.23 Lockyers
          • 11.2.23.1. Overview
          • 11.2.23.2. Products
          • 11.2.23.3. SWOT Analysis
          • 11.2.23.4. Recent Developments
          • 11.2.23.5. Financials (Based on Availability)
        • 11.2.24 Marsh
          • 11.2.24.1. Overview
          • 11.2.24.2. Products
          • 11.2.24.3. SWOT Analysis
          • 11.2.24.4. Recent Developments
          • 11.2.24.5. Financials (Based on Availability)
        • 11.2.25 Naturesave
          • 11.2.25.1. Overview
          • 11.2.25.2. Products
          • 11.2.25.3. SWOT Analysis
          • 11.2.25.4. Recent Developments
          • 11.2.25.5. Financials (Based on Availability)
        • 11.2.26 NCI
          • 11.2.26.1. Overview
          • 11.2.26.2. Products
          • 11.2.26.3. SWOT Analysis
          • 11.2.26.4. Recent Developments
          • 11.2.26.5. Financials (Based on Availability)
        • 11.2.27 NVECO
          • 11.2.27.1. Overview
          • 11.2.27.2. Products
          • 11.2.27.3. SWOT Analysis
          • 11.2.27.4. Recent Developments
          • 11.2.27.5. Financials (Based on Availability)
        • 11.2.28 Nviro Insurance
          • 11.2.28.1. Overview
          • 11.2.28.2. Products
          • 11.2.28.3. SWOT Analysis
          • 11.2.28.4. Recent Developments
          • 11.2.28.5. Financials (Based on Availability)
        • 11.2.29 Owen-Dunn
          • 11.2.29.1. Overview
          • 11.2.29.2. Products
          • 11.2.29.3. SWOT Analysis
          • 11.2.29.4. Recent Developments
          • 11.2.29.5. Financials (Based on Availability)
        • 11.2.30 Park Insurance
          • 11.2.30.1. Overview
          • 11.2.30.2. Products
          • 11.2.30.3. SWOT Analysis
          • 11.2.30.4. Recent Developments
          • 11.2.30.5. Financials (Based on Availability)

List of Figures

  1. Figure 1: Global Solar Insurance Revenue Breakdown (million, %) by Region 2024 & 2032
  2. Figure 2: North America Solar Insurance Revenue (million), by Type 2024 & 2032
  3. Figure 3: North America Solar Insurance Revenue Share (%), by Type 2024 & 2032
  4. Figure 4: North America Solar Insurance Revenue (million), by Application 2024 & 2032
  5. Figure 5: North America Solar Insurance Revenue Share (%), by Application 2024 & 2032
  6. Figure 6: North America Solar Insurance Revenue (million), by Country 2024 & 2032
  7. Figure 7: North America Solar Insurance Revenue Share (%), by Country 2024 & 2032
  8. Figure 8: South America Solar Insurance Revenue (million), by Type 2024 & 2032
  9. Figure 9: South America Solar Insurance Revenue Share (%), by Type 2024 & 2032
  10. Figure 10: South America Solar Insurance Revenue (million), by Application 2024 & 2032
  11. Figure 11: South America Solar Insurance Revenue Share (%), by Application 2024 & 2032
  12. Figure 12: South America Solar Insurance Revenue (million), by Country 2024 & 2032
  13. Figure 13: South America Solar Insurance Revenue Share (%), by Country 2024 & 2032
  14. Figure 14: Europe Solar Insurance Revenue (million), by Type 2024 & 2032
  15. Figure 15: Europe Solar Insurance Revenue Share (%), by Type 2024 & 2032
  16. Figure 16: Europe Solar Insurance Revenue (million), by Application 2024 & 2032
  17. Figure 17: Europe Solar Insurance Revenue Share (%), by Application 2024 & 2032
  18. Figure 18: Europe Solar Insurance Revenue (million), by Country 2024 & 2032
  19. Figure 19: Europe Solar Insurance Revenue Share (%), by Country 2024 & 2032
  20. Figure 20: Middle East & Africa Solar Insurance Revenue (million), by Type 2024 & 2032
  21. Figure 21: Middle East & Africa Solar Insurance Revenue Share (%), by Type 2024 & 2032
  22. Figure 22: Middle East & Africa Solar Insurance Revenue (million), by Application 2024 & 2032
  23. Figure 23: Middle East & Africa Solar Insurance Revenue Share (%), by Application 2024 & 2032
  24. Figure 24: Middle East & Africa Solar Insurance Revenue (million), by Country 2024 & 2032
  25. Figure 25: Middle East & Africa Solar Insurance Revenue Share (%), by Country 2024 & 2032
  26. Figure 26: Asia Pacific Solar Insurance Revenue (million), by Type 2024 & 2032
  27. Figure 27: Asia Pacific Solar Insurance Revenue Share (%), by Type 2024 & 2032
  28. Figure 28: Asia Pacific Solar Insurance Revenue (million), by Application 2024 & 2032
  29. Figure 29: Asia Pacific Solar Insurance Revenue Share (%), by Application 2024 & 2032
  30. Figure 30: Asia Pacific Solar Insurance Revenue (million), by Country 2024 & 2032
  31. Figure 31: Asia Pacific Solar Insurance Revenue Share (%), by Country 2024 & 2032

List of Tables

  1. Table 1: Global Solar Insurance Revenue million Forecast, by Region 2019 & 2032
  2. Table 2: Global Solar Insurance Revenue million Forecast, by Type 2019 & 2032
  3. Table 3: Global Solar Insurance Revenue million Forecast, by Application 2019 & 2032
  4. Table 4: Global Solar Insurance Revenue million Forecast, by Region 2019 & 2032
  5. Table 5: Global Solar Insurance Revenue million Forecast, by Type 2019 & 2032
  6. Table 6: Global Solar Insurance Revenue million Forecast, by Application 2019 & 2032
  7. Table 7: Global Solar Insurance Revenue million Forecast, by Country 2019 & 2032
  8. Table 8: United States Solar Insurance Revenue (million) Forecast, by Application 2019 & 2032
  9. Table 9: Canada Solar Insurance Revenue (million) Forecast, by Application 2019 & 2032
  10. Table 10: Mexico Solar Insurance Revenue (million) Forecast, by Application 2019 & 2032
  11. Table 11: Global Solar Insurance Revenue million Forecast, by Type 2019 & 2032
  12. Table 12: Global Solar Insurance Revenue million Forecast, by Application 2019 & 2032
  13. Table 13: Global Solar Insurance Revenue million Forecast, by Country 2019 & 2032
  14. Table 14: Brazil Solar Insurance Revenue (million) Forecast, by Application 2019 & 2032
  15. Table 15: Argentina Solar Insurance Revenue (million) Forecast, by Application 2019 & 2032
  16. Table 16: Rest of South America Solar Insurance Revenue (million) Forecast, by Application 2019 & 2032
  17. Table 17: Global Solar Insurance Revenue million Forecast, by Type 2019 & 2032
  18. Table 18: Global Solar Insurance Revenue million Forecast, by Application 2019 & 2032
  19. Table 19: Global Solar Insurance Revenue million Forecast, by Country 2019 & 2032
  20. Table 20: United Kingdom Solar Insurance Revenue (million) Forecast, by Application 2019 & 2032
  21. Table 21: Germany Solar Insurance Revenue (million) Forecast, by Application 2019 & 2032
  22. Table 22: France Solar Insurance Revenue (million) Forecast, by Application 2019 & 2032
  23. Table 23: Italy Solar Insurance Revenue (million) Forecast, by Application 2019 & 2032
  24. Table 24: Spain Solar Insurance Revenue (million) Forecast, by Application 2019 & 2032
  25. Table 25: Russia Solar Insurance Revenue (million) Forecast, by Application 2019 & 2032
  26. Table 26: Benelux Solar Insurance Revenue (million) Forecast, by Application 2019 & 2032
  27. Table 27: Nordics Solar Insurance Revenue (million) Forecast, by Application 2019 & 2032
  28. Table 28: Rest of Europe Solar Insurance Revenue (million) Forecast, by Application 2019 & 2032
  29. Table 29: Global Solar Insurance Revenue million Forecast, by Type 2019 & 2032
  30. Table 30: Global Solar Insurance Revenue million Forecast, by Application 2019 & 2032
  31. Table 31: Global Solar Insurance Revenue million Forecast, by Country 2019 & 2032
  32. Table 32: Turkey Solar Insurance Revenue (million) Forecast, by Application 2019 & 2032
  33. Table 33: Israel Solar Insurance Revenue (million) Forecast, by Application 2019 & 2032
  34. Table 34: GCC Solar Insurance Revenue (million) Forecast, by Application 2019 & 2032
  35. Table 35: North Africa Solar Insurance Revenue (million) Forecast, by Application 2019 & 2032
  36. Table 36: South Africa Solar Insurance Revenue (million) Forecast, by Application 2019 & 2032
  37. Table 37: Rest of Middle East & Africa Solar Insurance Revenue (million) Forecast, by Application 2019 & 2032
  38. Table 38: Global Solar Insurance Revenue million Forecast, by Type 2019 & 2032
  39. Table 39: Global Solar Insurance Revenue million Forecast, by Application 2019 & 2032
  40. Table 40: Global Solar Insurance Revenue million Forecast, by Country 2019 & 2032
  41. Table 41: China Solar Insurance Revenue (million) Forecast, by Application 2019 & 2032
  42. Table 42: India Solar Insurance Revenue (million) Forecast, by Application 2019 & 2032
  43. Table 43: Japan Solar Insurance Revenue (million) Forecast, by Application 2019 & 2032
  44. Table 44: South Korea Solar Insurance Revenue (million) Forecast, by Application 2019 & 2032
  45. Table 45: ASEAN Solar Insurance Revenue (million) Forecast, by Application 2019 & 2032
  46. Table 46: Oceania Solar Insurance Revenue (million) Forecast, by Application 2019 & 2032
  47. Table 47: Rest of Asia Pacific Solar Insurance Revenue (million) Forecast, by Application 2019 & 2032


Methodology

Step 1 - Identification of Relevant Samples Size from Population Database

Step Chart
Bar Chart
Method Chart

Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Approach Chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.

Note*: In applicable scenarios

Step 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
Analyst Chart

Step 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.

Frequently Asked Questions

1. What is the projected Compound Annual Growth Rate (CAGR) of the Solar Insurance?

The projected CAGR is approximately 8.2%.

2. Which companies are prominent players in the Solar Insurance?

Key companies in the market include Solarif, ADF Insurance Brokers, Anora Agency, Ara's Hourzad Mechatronic, Industries, Assicurazioni Generali, Atlantic Union Gen, Aviva, Axelent Partners, Blackfriars Group, Canopius, Chubb, Coveris, Daulby Read, Energetic Insurance, Energi Insurance Services, GCube Insurance Services, Global Insurance Brokers, Helvetia, Horton, HSB, Hybrid Financial, Lockyers, Marsh, Naturesave, NCI, NVECO, Nviro Insurance, Owen-Dunn, Park Insurance.

3. What are the main segments of the Solar Insurance?

The market segments include Type, Application.

4. Can you provide details about the market size?

The market size is estimated to be USD 11470 million as of 2022.

5. What are some drivers contributing to market growth?

N/A

6. What are the notable trends driving market growth?

N/A

7. Are there any restraints impacting market growth?

N/A

8. Can you provide examples of recent developments in the market?

N/A

9. What pricing options are available for accessing the report?

Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3480.00, USD 5220.00, and USD 6960.00 respectively.

10. Is the market size provided in terms of value or volume?

The market size is provided in terms of value, measured in million.

11. Are there any specific market keywords associated with the report?

Yes, the market keyword associated with the report is "Solar Insurance," which aids in identifying and referencing the specific market segment covered.

12. How do I determine which pricing option suits my needs best?

The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.

13. Are there any additional resources or data provided in the Solar Insurance report?

While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.

14. How can I stay updated on further developments or reports in the Solar Insurance?

To stay informed about further developments, trends, and reports in the Solar Insurance, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.

Get Free Sample
Hover animation image
Pre Order Enquiry Request discount

Pricing

$6960.00
Corporate License:
  • Sharable and Printable among all employees of your organization
  • Excel Raw data with access to full quantitative & financial market insights
  • Customization at no additional cost within the scope of the report
  • Graphs and Charts can be used during presentation
$5220.00
Multi User License:
  • The report will be emailed to you in PDF format.
  • Allows 1-10 employees within your organisation to access the report.
$3480.00
Single User License:
  • Only one user can access this report at a time
  • Users are not allowed to take a print out of the report PDF
BUY NOW

Related Reports

Solar Power Market Is Set To Reach USD Billion  By 2033, Growing At A CAGR Of 7.5

Solar Power Market Is Set To Reach USD Billion  By 2033, Growing At A CAGR Of 7.5

The Solar Power Market size was valued at USD 253.69 USD Billion in 2023 and is projected to reach USD 420.88 USD Billion by 2032, exhibiting a CAGR of 7.5 % during the forecast period.

Solar Panel Market Analysis Report 2025: Market to Grow by a CAGR of 6.9 to 2033, Driven by Government Incentives, Popularity of Virtual Assistants, and Strategic Partnerships

Solar Panel Market Analysis Report 2025: Market to Grow by a CAGR of 6.9 to 2033, Driven by Government Incentives, Popularity of Virtual Assistants, and Strategic Partnerships

The size of the Solar Panel Market market was valued at USD 234.86 USD Billion in 2023 and is projected to reach USD 374.67 USD Billion by 2032, with an expected CAGR of 6.9 % during the forecast period.

Photovoltaic Insurance 2025 Trends and Forecasts 2033: Analyzing Growth Opportunities

Photovoltaic Insurance 2025 Trends and Forecasts 2033: Analyzing Growth Opportunities

The size of the Photovoltaic Insurance market was valued at USD XXX million in 2024 and is projected to reach USD XXX million by 2033, with an expected CAGR of XX% during the forecast period.

Photovoltaic Insurance XX CAGR Growth Outlook 2025-2033

Photovoltaic Insurance XX CAGR Growth Outlook 2025-2033

Discover the booming Photovoltaic Insurance market! Our in-depth analysis reveals a CAGR of 12-15%, driven by solar energy expansion and risk awareness. Explore market size, trends, key players, and regional insights for the period 2019-2033. Invest wisely in this rapidly growing sector.

Photovoltaic Insurance Insightful Analysis: Trends, Competitor Dynamics, and Opportunities 2025-2033

Photovoltaic Insurance Insightful Analysis: Trends, Competitor Dynamics, and Opportunities 2025-2033

The booming photovoltaic (PV) insurance market is projected to reach \$15.35 billion by 2033, growing at a CAGR of 15%. This comprehensive analysis explores market drivers, trends, restraints, key players (Travelers, Aviva, Gcube), and regional insights (North America, Europe, Asia-Pacific) in the PV insurance sector. Discover the lucrative opportunities and challenges in this rapidly expanding market.

sponsor image
sponsor image
sponsor image
sponsor image
sponsor image
sponsor image
sponsor image
sponsor image
sponsor image
sponsor image
sponsor image
sponsor image
sponsor image
sponsor image
sponsor image
sponsor image
sponsor image
sponsor image
sponsor image
sponsor image

Tailored for you

  • In-depth Analysis Tailored to Specified Regions or Segments
  • Company Profiles Customized to User Preferences
  • Comprehensive Insights Focused on Specific Segments or Regions
  • Customized Evaluation of Competitive Landscape to Meet Your Needs
  • Tailored Customization to Address Other Specific Requirements
Ask for customization

I have received the report already. Thanks you for your help.it has been a pleasure working with you. Thank you againg for a good quality report

quotation
avatar

Jared Wan

Analyst at Providence Strategic Partners at Petaling Jaya

As requested- presale engagement was good, your perseverance, support and prompt responses were noted. Your follow up with vm’s were much appreciated. Happy with the final report and post sales by your team.

quotation
avatar

Shankar Godavarti

Global Product, Quality & Strategy Executive- Principal Innovator at Donaldson

The response was good, and I got what I was looking for as far as the report. Thank you for that.

quotation
avatar

Erik Perison

US TPS Business Development Manager at Thermon

Business Address

Head Office

Ansec House 3 rd floor Tank Road, Yerwada, Pune, Maharashtra 411014

Contact Information

Craig Francis

Business Development Head

+1 2315155523

[email protected]

Extra Links

AboutContactsTestimonials
ServicesCareer

Subscribe

Get the latest updates and offers.

PackagingHealthcareAgricultureEnergy & PowerConsumer GoodsFood & BeveragesCOVID-19 AnalysisAerospace & DefenseChemicals & MaterialsMachinery & EquipmentInformation & TechnologyAutomotive & TransportationSemiconductor & Electronics

© 2025 PRDUA Research & Media Private Limited, All rights reserved

Privacy Policy
Terms and Conditions
FAQ

+1 2315155523

[email protected]

  • Home
  • About Us
  • Industries
    • Healthcare
    • Chemicals & Materials
    • Information & Technology
    • Machinery & Equipment
    • Energy & Power
    • Aerospace & Defense
    • Automotive & Transportation
    • Food & Beverages
    • Agriculture
    • Consumer Goods
    • Semiconductor & Electronics
    • Packaging
    • COVID-19 Analysis
  • Services
  • Contact
Main Logo
  • Home
  • About Us
  • Industries
    • Healthcare
    • Chemicals & Materials
    • Information & Technology
    • Machinery & Equipment
    • Energy & Power
    • Aerospace & Defense
    • Automotive & Transportation
    • Food & Beverages
    • Agriculture
    • Consumer Goods
    • Semiconductor & Electronics
    • Packaging
    • COVID-19 Analysis
  • Services
  • Contact
[email protected]

Related Reports


report thumbnailRetail Automation Market

Retail Automation Market Charting Growth Trajectories 2025-2033: Strategic Insights and Forecasts

report thumbnailLow-Code Development Platform Market

Low-Code Development Platform Market 2025-2033 Trends: Unveiling Growth Opportunities and Competitor Dynamics

report thumbnailBiometric Payment Market

Biometric Payment Market 2025-2033 Market Analysis: Trends, Dynamics, and Growth Opportunities

report thumbnailReal-Time Payments Market

Real-Time Payments Market Strategic Roadmap: Analysis and Forecasts 2025-2033

report thumbnailSmart Stadium Market

Smart Stadium Market 2025-2033 Overview: Trends, Competitor Dynamics, and Opportunities

report thumbnailPublic Key Infrastructure Market

Public Key Infrastructure Market Strategic Insights for 2025 and Forecasts to 2033: Market Trends

report thumbnailAmbient Intelligence Market

Ambient Intelligence Market Charting Growth Trajectories 2025-2033: Strategic Insights and Forecasts

report thumbnailAI Infrastructure Market

AI Infrastructure Market Dynamics and Forecasts: 2025-2033 Strategic Insights

report thumbnailGPS Market

GPS Market Is Set To Reach 102.92 USD Billion By 2033, Growing At A CAGR Of 16.4

report thumbnailOnline Gambling Software Market

Online Gambling Software Market 2025-2033 Analysis: Trends, Competitor Dynamics, and Growth Opportunities

report thumbnailPublic Safety and Security Market

Public Safety and Security Market Insightful Analysis: Trends, Competitor Dynamics, and Opportunities 2025-2033

report thumbnailIdentity and Access Management Market

Identity and Access Management Market 7.9 CAGR Growth Outlook 2025-2033

report thumbnailHome Automation Market

Home Automation Market 2025-2033 Trends: Unveiling Growth Opportunities and Competitor Dynamics

report thumbnailUnited States Property Management Market

United States Property Management Market Report Probes the 3.40 USD billion Size, Share, Growth Report and Future Analysis by 2033

report thumbnailField Service Management (FSM) Market

Field Service Management (FSM) Market 2025-2033 Overview: Trends, Competitor Dynamics, and Opportunities

report thumbnailDeception technology Market

Deception technology Market Charting Growth Trajectories: Analysis and Forecasts 2025-2033

report thumbnailSmart Ticketing Market

Smart Ticketing Market Is Set To Reach 7.27 USD billion By 2033, Growing At A CAGR Of 7.9

report thumbnailGamification Market

Gamification Market Decade Long Trends, Analysis and Forecast 2025-2033

report thumbnailEnterprise A2P SMS Market

Enterprise A2P SMS Market 2025 Trends and Forecasts 2033: Analyzing Growth Opportunities

report thumbnailData Visualization Market

Data Visualization Market Unlocking Growth Potential: Analysis and Forecasts 2025-2033

report thumbnailIoT in Smart Cities Market

IoT in Smart Cities Market Unlocking Growth Potential: Analysis and Forecasts 2025-2033

report thumbnailEnterprise WLAN Market

Enterprise WLAN Market 2025 Trends and Forecasts 2033: Analyzing Growth Opportunities

report thumbnailDigital Check Scanning Solutions Market

Digital Check Scanning Solutions Market Soars to 867.2 USD Million , witnessing a CAGR of 7.9 during the forecast period 2025-2033

report thumbnailHyper Converged Infrastructure Market

Hyper Converged Infrastructure Market Soars to 5.88 USD billion , witnessing a CAGR of 7.9 during the forecast period 2025-2033

report thumbnailEurope Document Management Services Market

Europe Document Management Services Market Insightful Analysis: Trends, Competitor Dynamics, and Opportunities 2025-2033

report thumbnailTesting, Inspection, & Certification (TIC) Market

Testing, Inspection, & Certification (TIC) Market 2025-2033 Overview: Trends, Competitor Dynamics, and Opportunities

report thumbnailWealth Management Platform Market

Wealth Management Platform Market 2025-2033 Analysis: Trends, Competitor Dynamics, and Growth Opportunities

report thumbnailWireless Audio Device Market

Wireless Audio Device Market 2025-2033 Analysis: Trends, Competitor Dynamics, and Growth Opportunities

report thumbnailMedia Asset Management Market

Media Asset Management Market Unlocking Growth Opportunities: Analysis and Forecast 2025-2033

report thumbnailPayment Security market

Payment Security market Analysis Report 2025: Market to Grow by a CAGR of 7.9 to 2033, Driven by Government Incentives, Popularity of Virtual Assistants, and Strategic Partnerships

report thumbnailEnterprise Data Management Market

Enterprise Data Management Market 2025-2033 Analysis: Trends, Competitor Dynamics, and Growth Opportunities

report thumbnailIoT Connected Machines Market

IoT Connected Machines Market 2025 Trends and Forecasts 2033: Analyzing Growth Opportunities

report thumbnailData Center Automation Market

Data Center Automation Market Insightful Analysis: Trends, Competitor Dynamics, and Opportunities 2025-2033

report thumbnailCinema Camera Market

Cinema Camera Market Decade Long Trends, Analysis and Forecast 2025-2033

report thumbnailSupply Chain Management Market

Supply Chain Management Market Strategic Insights: Analysis 2025 and Forecasts 2033

report thumbnailAlgorithmic Trading Market

Algorithmic Trading Market Strategic Insights: Analysis 2025 and Forecasts 2033

report thumbnailMobile Virtual Network Operators Market

Mobile Virtual Network Operators Market Charting Growth Trajectories: Analysis and Forecasts 2025-2033

report thumbnailSocial and Emotional Learning Market

Social and Emotional Learning Market 2025 to Grow at 13.7 CAGR with 0.92 USD billion Market Size: Analysis and Forecasts 2033

report thumbnailU.S. Virtual Tour Software Market

U.S. Virtual Tour Software Market Analysis 2025 and Forecasts 2033: Unveiling Growth Opportunities

report thumbnailIoT in Warehouse Management Market

IoT in Warehouse Management Market Analysis 2025 and Forecasts 2033: Unveiling Growth Opportunities

report thumbnailSmart Flooring Market

Smart Flooring Market Insightful Analysis: Trends, Competitor Dynamics, and Opportunities 2025-2033

report thumbnailAsia Pacific Enterprise Resource Planning (ERP) Software Market

Asia Pacific Enterprise Resource Planning (ERP) Software Market Future-proof Strategies: Trends, Competitor Dynamics, and Opportunities 2025-2033

report thumbnailU.S. Unified Communication & Collaboration (UC&C) Market

U.S. Unified Communication & Collaboration (UC&C) Market Unlocking Growth Potential: Analysis and Forecasts 2025-2033

report thumbnailCyber Security Market

Cyber Security Market 13.8 CAGR Growth Outlook 2025-2033

report thumbnailMiddle East and Africa Cyber Security Market

Middle East and Africa Cyber Security Market 2025-2033 Trends: Unveiling Growth Opportunities and Competitor Dynamics

report thumbnailU.S. Cyber Security Market

U.S. Cyber Security Market 2025-2033 Trends: Unveiling Growth Opportunities and Competitor Dynamics

report thumbnailU.S. Digital Twin Market

U.S. Digital Twin Market Future-proof Strategies: Trends, Competitor Dynamics, and Opportunities 2025-2033

report thumbnailU.S. Data Privacy Software Market

U.S. Data Privacy Software Market Report Probes the 0.67 USD Billion Size, Share, Growth Report and Future Analysis by 2033

report thumbnailAsia Pacific Data Privacy Software Market

Asia Pacific Data Privacy Software Market Analysis 2025 and Forecasts 2033: Unveiling Growth Opportunities

report thumbnailAsia Pacific Digital Twin Market

Asia Pacific Digital Twin Market 2025 Trends and Forecasts 2033: Analyzing Growth Opportunities