The market is estimated to value at US$62.8 Bn by the end of 2031 from US$35.2 Bn recorded in 2023. The market is expected to secure a CAGR of 7.5% in the forthcoming years from 2024 to 2031. The European solar power market has been amongst the topmost, globally. While the Europeans’ love for solar energy reaches new heights, the continent's solar panel market is also experiencing a meteoric rise.