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    Europe Renewable Energy Infrastructure Market

    ID: MRFR/E&P/20040-HCR
    128 Pages
    Priya Nagrale
    October 2025

    Europe Renewable Energy Infrastructure Market Research Report Information By Product Type (PV Inverters, Wind Power Converters, Energy Storage Systems, EV Charger, Energy IoT Devices, High Power Motor Drives, Others), BY Application (Power Generation, Transportation, Energy Storage, Others) –and Europe Market Forecast Till 2035

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    Europe Renewable Energy Infrastructure Market Infographic
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    Europe Renewable Energy Infrastructure Market Summary

    As per MRFR analysis, the Europe Renewable Energy Infrastructure Market was estimated at 4.393 USD Billion in 2024. The market is projected to grow from 5.105 USD Billion in 2025 to 22.92 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 16.2 during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The Europe Renewable Energy Infrastructure Market is poised for substantial growth driven by technological advancements and increasing consumer demand for sustainable energy solutions.

    • Investment in renewable technologies is witnessing a notable increase across Europe, reflecting a broader global trend.
    • The integration of smart grids and energy storage solutions is becoming essential for enhancing energy efficiency and reliability.
    • Collaborative public-private partnerships are emerging as a key strategy to accelerate infrastructure development in the renewable sector.
    • Regulatory support and technological advancements are major drivers, particularly in the PV inverters and energy storage systems segments.

    Market Size & Forecast

    2024 Market Size 4.393 (USD Billion)
    2035 Market Size 22.92 (USD Billion)
    CAGR (2025 - 2035) 16.2%

    Major Players

    Siemens Gamesa (ES), Vestas (DK), Nordex (DE), EDP Renewables (ES), Enel Green Power (IT), RWE (DE), Iberdrola (ES), Ørsted (DK), TotalEnergies (FR)

    Europe Renewable Energy Infrastructure Market Trends

    The Europe Renewable Energy Infrastructure Market is currently experiencing a transformative phase, driven by a collective commitment to sustainability and energy independence. Governments across the continent are increasingly investing in renewable technologies, such as wind, solar, and hydroelectric power, to reduce reliance on fossil fuels. This shift not only addresses environmental concerns but also aims to enhance energy security and create new economic opportunities. The integration of innovative technologies, such as energy storage and smart grids, is further facilitating the transition towards a more resilient and efficient energy system. Moreover, the market appears to be influenced by evolving regulatory frameworks and public sentiment favoring green energy solutions. As climate change becomes an ever-pressing issue, stakeholders are likely to prioritize investments in renewable infrastructure. This trend is expected to foster collaboration between public and private sectors, leading to the development of large-scale projects that can meet the growing demand for clean energy. The future of the Europe Renewable Energy Infrastructure Market seems promising, with potential advancements in technology and policy that could accelerate the transition to a sustainable energy landscape.

    Increased Investment in Renewable Technologies

    There is a noticeable trend towards heightened investment in various renewable technologies within the Europe Renewable Energy Infrastructure Market. Stakeholders are recognizing the long-term benefits of transitioning to sustainable energy sources, which may lead to the development of innovative projects and infrastructure.

    Integration of Smart Grids and Energy Storage Solutions

    The integration of smart grids and energy storage solutions is becoming increasingly prevalent in the Europe Renewable Energy Infrastructure Market. This trend suggests a move towards more efficient energy management systems that can optimize the use of renewable resources and enhance grid reliability.

    Collaborative Public-Private Partnerships

    Collaborative public-private partnerships are emerging as a key trend in the Europe Renewable Energy Infrastructure Market. These alliances may facilitate the sharing of resources and expertise, potentially accelerating the deployment of renewable energy projects and infrastructure.

    The transition towards renewable energy infrastructure in Europe is poised to reshape the energy landscape, fostering sustainability and resilience in response to evolving environmental challenges.

    European Commission

    Europe Renewable Energy Infrastructure Market Drivers

    Regulatory Support and Policy Frameworks

    The Europe Renewable Energy Infrastructure Market benefits from robust regulatory support and comprehensive policy frameworks that promote renewable energy adoption. Governments across Europe have established ambitious targets for reducing greenhouse gas emissions, with many countries aiming for net-zero emissions by 2050. This regulatory environment encourages investments in renewable technologies, as it provides a clear roadmap for developers and investors. For instance, the European Union's Green Deal aims to mobilize investments of over 1 trillion euros in sustainable projects. Such initiatives not only enhance the attractiveness of the Europe Renewable Energy Infrastructure Market but also foster innovation and technological advancements in renewable energy solutions.

    Growing Consumer Demand for Sustainable Energy

    There is a notable shift in consumer preferences towards sustainable energy solutions, which is driving the Europe Renewable Energy Infrastructure Market. As awareness of climate change and environmental issues increases, consumers are increasingly seeking renewable energy options for their homes and businesses. This trend is reflected in the rising number of households opting for solar panels and energy-efficient appliances. Additionally, corporate sustainability initiatives are prompting businesses to invest in renewable energy sources to meet their environmental commitments. According to recent surveys, over 70 percent of European consumers express a preference for renewable energy, indicating a strong market demand that is likely to propel the growth of the Europe Renewable Energy Infrastructure Market.

    Technological Advancements in Renewable Energy

    Technological advancements play a pivotal role in shaping the Europe Renewable Energy Infrastructure Market. Innovations in solar, wind, and energy storage technologies have led to increased efficiency and reduced costs, making renewable energy sources more competitive with traditional fossil fuels. For example, the cost of solar photovoltaic systems has decreased by approximately 80 percent over the past decade, significantly enhancing their market penetration. Furthermore, advancements in offshore wind technology have enabled the deployment of larger turbines, which can generate more energy. These technological improvements not only bolster the growth of the Europe Renewable Energy Infrastructure Market but also contribute to achieving energy security and sustainability goals.

    Increased Focus on Energy Security and Independence

    The Europe Renewable Energy Infrastructure Market is experiencing a heightened focus on energy security and independence. As geopolitical tensions and energy supply disruptions become more prevalent, European nations are prioritizing the development of domestic renewable energy sources to reduce reliance on imported fossil fuels. This strategic shift is evident in the increasing investments in wind, solar, and biomass energy projects across the continent. For instance, countries like Germany and Denmark are leading the way in wind energy production, significantly contributing to their energy independence. This emphasis on energy security not only strengthens the resilience of the Europe Renewable Energy Infrastructure Market but also aligns with broader sustainability objectives.

    Investment in Energy Efficiency and Infrastructure Upgrades

    Investment in energy efficiency and infrastructure upgrades is a critical driver for the Europe Renewable Energy Infrastructure Market. Governments and private entities are increasingly recognizing the importance of modernizing existing energy infrastructure to accommodate renewable energy sources. This includes upgrading transmission lines, enhancing grid resilience, and implementing smart grid technologies. The European Commission has allocated substantial funding for infrastructure projects aimed at improving energy efficiency, with an estimated 100 billion euros earmarked for energy transition initiatives. Such investments not only facilitate the integration of renewable energy into the grid but also enhance overall energy security and reliability within the Europe Renewable Energy Infrastructure Market.

    Market Segment Insights

    By Product Type: PV Inverters (Largest) vs. Energy Storage Systems (Fastest-Growing)

    In the Europe Renewable Energy Infrastructure Market, the product type segment is witnessing a diverse landscape characterized by multiple innovative solutions. PV Inverters have established themselves as a leading component, capturing the largest market share in this segment, primarily due to the robust growth of solar energy installations across Europe. Wind Power Converters and EV Chargers follow, contributing significantly to the overall market while Energy IoT Devices and others cater to niche segments, enhancing the operational efficiencies of various renewable projects. The growth trajectory of these segments is driven by increasing investments in sustainable energy solutions and government policies aimed at reducing carbon footprints. Among these, Energy Storage Systems have emerged as the fastest-growing segment, and their adoption is catalyzed by the push for grid stability and efficiency in energy management. This surge in demand reflects a pivotal shift towards integrating renewable energy sources with advanced storage solutions, ensuring a reliable supply while accommodating fluctuating energy demands.

    PV Inverters (Dominant) vs. Energy Storage Systems (Emerging)

    PV Inverters dominate the product type segment within the Europe Renewable Energy Infrastructure Market, functioning as critical components in solar power systems by converting direct current (DC) generated by solar panels into alternating current (AC) for consumption. Their strong market position is bolstered by the growing solar energy landscape and the increasing number of residential and commercial installations. On the other hand, Energy Storage Systems are emerging with a significant impact on the market due to their essential role in energy management. These systems support renewable energy integration by storing excess energy generated during peak production times for use during low-generation periods, addressing grid reliability and energy efficiency challenges. This dual focus on effective energy distribution and storage solutions marks a transformative phase in the renewable infrastructure ecosystem.

    By Application: Power Generation (Largest) vs. Energy Storage (Fastest-Growing)

    Within the Europe Renewable Energy Infrastructure Market, the application segments are diverse, with Power Generation holding the largest share. This segment benefits from the region's robust commitment to transitioning towards renewable energy sources such as wind, solar, and hydropower. Meanwhile, Energy Storage is emerging as a crucial component for ensuring the stability and reliability of renewable energy, thereby fueling its rapid growth. Transportation and Other applications are also present but occupy comparatively smaller shares within the market. The growth trends in these application segments are significantly driven by regulatory support and technological advancements. Power Generation is supported by ambitious EU climate goals and subsidies for renewable projects. Conversely, Energy Storage is witnessing a surge in demand due to the increasing deployment of intermittent renewable sources and the critical need for grid flexibility. Overall, the focus of policymakers and industry stakeholders on sustainable practices drives the momentum across these applications.

    Power Generation (Dominant) vs. Transportation (Emerging)

    In the Europe Renewable Energy Infrastructure Market, Power Generation is the dominant application segment, primarily driven by the region's aggressive shift toward renewable energy. This segment encompasses various technologies such as wind, solar, and biomass, which collectively contribute to significant energy outputs. The increased investment in renewable power plants and infrastructure, in line with European Union regulations, solidifies Power Generation's leadership. On the other hand, the Transportation sector represents an emerging application, buoyed by the rise of electric vehicles (EVs) and the deployment of charging infrastructure across the continent. As urban areas increasingly prioritize sustainable transport solutions, this segment is positioned for growth, showcasing significant potential as policy frameworks evolve to support cleaner transportation alternatives.

    Get more detailed insights about Europe Renewable Energy Infrastructure Market

    Regional Insights

    North America : Innovation Hub

    The North American renewable energy infrastructure market is driven by increasing investments in clean energy technologies and supportive government policies. The U.S. leads the market, holding approximately 70% share, followed by Canada with around 20%. Regulatory incentives, such as tax credits and renewable portfolio standards, are significant catalysts for growth, fostering a favorable environment for renewable energy projects. Key players in this region include Siemens Gamesa, Vestas, and TotalEnergies, which are actively involved in wind and solar energy projects. The competitive landscape is characterized by a mix of established firms and emerging startups, all vying for market share. The focus on innovation and technological advancements is evident, with companies investing heavily in research and development to enhance efficiency and reduce costs.

    Europe : Renewable Energy Leader

    Europe is at the forefront of the renewable energy infrastructure market, driven by ambitious climate goals and regulatory frameworks. Germany and Spain are the largest markets, collectively holding over 50% of the region's share. The European Green Deal and national policies are pivotal in promoting investments in renewable technologies, aiming for a significant reduction in carbon emissions by 2030. Leading countries like Germany, Spain, and Denmark are home to major players such as Siemens Gamesa, Vestas, and Ørsted. The competitive landscape is robust, with a strong emphasis on offshore wind and solar energy projects. The presence of established firms alongside innovative startups fosters a dynamic market environment, ensuring continuous advancements in renewable technologies.

    Asia-Pacific : Emerging Powerhouse

    The Asia-Pacific region is witnessing a rapid expansion in renewable energy infrastructure, driven by increasing energy demands and government initiatives. China dominates the market, accounting for over 60% of the region's share, followed by India with approximately 15%. The region's growth is supported by investments in solar and wind energy, along with favorable policies aimed at reducing carbon footprints and enhancing energy security. Countries like China, India, and Japan are leading the charge, with key players such as Enel Green Power and RWE making significant contributions. The competitive landscape is evolving, with both established companies and new entrants focusing on innovative solutions to meet the growing energy needs. The emphasis on sustainability and technological advancements is shaping the future of the renewable energy market in this region.

    Middle East and Africa : Resource-Rich Frontier

    The Middle East and Africa region is gradually emerging as a significant player in the renewable energy infrastructure market, driven by abundant natural resources and increasing energy demands. Countries like South Africa and the UAE are leading the market, with South Africa holding around 30% of the regional share. Government initiatives and international investments are crucial in promoting renewable projects, particularly in solar and wind energy sectors. The competitive landscape features a mix of local and international players, with companies like EDP Renewables and TotalEnergies actively participating in the market. The focus on diversifying energy sources and reducing reliance on fossil fuels is evident, as nations aim to harness their renewable potential. The region's growth is supported by favorable policies and international collaborations, paving the way for a sustainable energy future.

    Key Players and Competitive Insights

    The Europe Renewable Energy Infrastructure Market is currently characterized by a dynamic competitive landscape, driven by a confluence of regulatory support, technological advancements, and increasing consumer demand for sustainable energy solutions. Major players such as Siemens Gamesa (ES), Vestas (DK), and Ørsted (DK) are strategically positioning themselves through innovation and partnerships, thereby shaping the competitive environment. Siemens Gamesa (ES) focuses on enhancing its offshore wind capabilities, while Vestas (DK) emphasizes digital transformation in turbine management. Ørsted (DK) is actively expanding its renewable portfolio, particularly in offshore wind, which collectively indicates a trend towards specialization and technological leadership among these firms.

    The market structure appears moderately fragmented, with a mix of established players and emerging companies vying for market share. Key business tactics include localizing manufacturing to reduce costs and optimize supply chains, which is becoming increasingly vital in the current geopolitical climate. The collective influence of these key players suggests a competitive environment where innovation and operational efficiency are paramount, as companies strive to differentiate themselves in a crowded marketplace.

    In August 2025, Siemens Gamesa (ES) announced a strategic partnership with a leading technology firm to develop advanced predictive maintenance solutions for wind turbines. This initiative is likely to enhance operational efficiency and reduce downtime, thereby solidifying Siemens Gamesa's position as a leader in the offshore wind sector. The integration of AI-driven analytics into their operations may also set a new standard for performance monitoring in the industry.

    In September 2025, Vestas (DK) unveiled a new turbine model designed specifically for low-wind sites, which could potentially expand their market reach in regions previously deemed less viable for wind energy. This innovation not only reflects Vestas' commitment to addressing diverse energy needs but also underscores the importance of technological advancement in maintaining competitive advantage. The ability to cater to varied geographical conditions may enhance their market penetration and customer base.

    In July 2025, Ørsted (DK) completed the acquisition of a significant offshore wind project in the North Sea, further consolidating its leadership in renewable energy. This acquisition is indicative of Ørsted's aggressive growth strategy and commitment to expanding its renewable energy footprint. The strategic importance of this move lies in its potential to increase Ørsted's capacity and enhance its competitive positioning against other major players in the market.

    As of October 2025, the competitive trends in the Europe Renewable Energy Infrastructure Market are increasingly defined by digitalization, sustainability, and the integration of AI technologies. Strategic alliances are becoming more prevalent, as companies recognize the value of collaboration in driving innovation and enhancing operational capabilities. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on technological innovation, supply chain reliability, and sustainable practices, which will be crucial for long-term success in this rapidly changing market.

    Key Companies in the Europe Renewable Energy Infrastructure Market market include

    Industry Developments

    April 2020:Engie entered into a partnership with Eocycle-XANT to integrate wind turbines into its product lineup in Belgium. Engie is responsible for managing customer inquiries and specifications, while Eocycle-XANT handles the installation and maintenance of the wind turbines provided to customers.

    December 2021:Enerparc entered into a Power Purchase Agreement with RWE, a German power utility, to construct a solar power plant in Lauterbach, Hesse, boasting a capacity of 57 megawatts (MW). Spread across a 54-hectare site, the project will involve the installation of approximately 125,000 solar modules and is scheduled to commence operations in 2022.

    To illustrate, TotalEnergies and European Energy announced a strategic partnership focusing on the development and operation of onshore renewable projects in September 2023. The partnership plans to implement at least 4GW of renewable capacity around different geographies by combining the strong financial resources and operational capabilities of TotalEnergies with the experienced management in green field projects of European Energy​.

    On September 6, 2022, Orsted AS signed a deal with Ostwind, directing to wind and solar PV projects in Germany and France, to buy a 100 percent equity stake in OSTWIND Erneuerbare Energien GmbH, OSTWINDpark Rotmainquelle GmbH & Co. K.G., OSTWIND International S.A.S. and OSTWIND Engineering S.A.S.

    In September 2022, Mercedes-Benz, a German luxury and commercial vehicle automotive manufacturer, submitted an application to the Federal Ministry of Economics and Energy with a plan to develop the so-called “Wind Farm Lower Saxony,”- which would be in the northwestern German state of Lower Saxony, and capable of producing a hundred megawatts of electricity by the year 2025- which translates to over 15 percent of the annual date for the car manufacturer within Germany.

    As of July 2022, Germany's Bundestag, the federal assembly, passed a comprehensive package of energy legislative measures, including the revised version of the renewable energy law (EEG 2023) of the country, which results in some upward adjustments of the solar feed-in tariffs of the country. This, in turn, culminates in the growth of solar energy within the region.

    Future Outlook

    Europe Renewable Energy Infrastructure Market Future Outlook

    The Europe Renewable Energy Infrastructure Market is poised for growth at a 16.2% CAGR from 2024 to 2035, driven by technological advancements, regulatory support, and increasing demand for sustainable energy solutions.

    New opportunities lie in:

    • Investment in energy storage technologies to enhance grid reliability.
    • Development of offshore wind farms to capitalize on untapped resources.
    • Expansion of electric vehicle charging infrastructure to support growing EV adoption.

    By 2035, the market is expected to be robust, reflecting substantial advancements and investments in renewable energy.

    Market Segmentation

    Europe Renewable Energy Infrastructure Market Application Outlook

    • Power Generation
    • Transportation
    • Energy Storage
    • Others

    Europe Renewable Energy Infrastructure Market Product Type Outlook

    • PV Inverters
    • Wind Power Converters
    • Energy Storage Systems
    • EV Chargers
    • Energy IoT Devices
    • High Power Motor Drives
    • Others

    Report Scope

    MARKET SIZE 20244.393(USD Billion)
    MARKET SIZE 20255.105(USD Billion)
    MARKET SIZE 203522.92(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR)16.2% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Billion
    Key Companies ProfiledMarket analysis in progress
    Segments CoveredMarket segmentation analysis in progress
    Key Market OpportunitiesIntegration of smart grid technologies enhances efficiency in the Europe Renewable Energy Infrastructure Market.
    Key Market DynamicsGrowing investment in renewable energy infrastructure driven by regulatory support and technological advancements across Europe.
    Countries CoveredNorth America, Europe, APAC, South America, MEA

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    FAQs

    How much is the Renewable Energy Infrastructure market?

    The Europe Renewable Energy Infrastructure market size was valued at USD 3.2 Billion in 2023.

    What is the growth rate of the Renewable Energy Infrastructure market?

    The market is projected to grow at a CAGR of 16.20% during the forecast period, 2024-2032.

    Who are the key players in the Renewable Energy Infrastructure market?

    The key players in the market are Delta Electronics, Inc., Panduit Corp, Duke Energy Sustainable Solutions, Delta Electronics, Ameresco, Enel X S.r.l., HARTING Technology Group, Ramboll, VENA ENERGY, Siemens, and Toyota.

    Which Product Type led the Renewable Energy Infrastructure market?

    The PV Inverters category dominated the market in 2023.

    Which Application led the Renewable Energy Infrastructure market?

    The Power Generation category dominated the market in 2023.

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