Selected research
Industry Research
Photovoltaic Insurance Industry Research Report 2026
Market perspective
The global Photovoltaic Insurance market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
North America: the Photovoltaic Insurance market is projected to increase from US$ million in 2026 to US$ million by 2032, reflecting a CAGR of % over 2026–2032. Europe: the Photovoltaic Insurance market is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032. Asia Pacific: the Photovoltaic Insurance market is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032. Leading global service providers of Photovoltaic Insurance include Gcube, Energetic Insurance, PowerGuard, Travelers Insurance, Horton Group, PICC, CPIC, PAIC and CCIC, among others; in 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
Read the full market overview
This report quantifies the global Photovoltaic Insurance market in terms of revenue (US$ million) and, where applicable, service volume (k units), using 2024 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of service Types and end-use Applications, harmonizes provider attribution, and delivers comparable time series by company, Type, Application, and region or country, including indicative price bands (US$/k units) and concentration ratios (CR5/CR10). Outputs are intended to support service design, budgeting, capacity planning, and benchmarking for providers, platforms, channel partners, and investors; the report also reviews technology shifts and notable service innovations relevant to Photovoltaic Insurance.
Key Companies & Market Share Insights
This section profiles leading service providers with 2021–2025 results and a 2026–2032 outlook—covering revenue, market share, price bands, service portfolio and client mix, regional and channel mix, and key developments (M&A, network expansion, certifications). It also provides global revenue, average price, and—where applicable—volume metrics by provider, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Photovoltaic Insurance Market by Company
Gcube
Energetic Insurance
PowerGuard
Travelers Insurance
Horton Group
PICC
CPIC
PAIC
CCIC
Alltrust Insurance
State Grid Yingda Group
XILIA
Anora Agency Sdn. Bhd.
Canopius Group Limited
Aviva plc
Naturesave
Nviro Insurance
Helvetia Business
Assicurazioni Generali S.p.A.
Solarif Group
COVERIS
Photovoltaic Insurance Segment by Type
Property Insurance
Liability Insurance
Product Quality Bond Insurance
Others
Photovoltaic Insurance Segment by Application
Household
Business
Photovoltaic Insurance Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Photovoltaic Insurance market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Photovoltaic Insurance and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Photovoltaic Insurance.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Photovoltaic Insurance companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Property Insurance
- Liability Insurance
- Product Quality Bond Insurance
- Others
Applications
- Household
- Business
Companies covered
- Gcube
- Energetic Insurance
- PowerGuard
- Travelers Insurance
- Horton Group
- PICC
- CPIC
- PAIC
- CCIC
- Alltrust Insurance
- State Grid Yingda Group
- XILIA
- Anora Agency Sdn. Bhd.
- Canopius Group Limited
- Aviva plc
- Naturesave
- Nviro Insurance
- Helvetia Business
- Assicurazioni Generali S.p.A.
- Solarif Group
- COVERIS
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Photovoltaic Insurance by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032)
- 2.2.2 Property Insurance
- 2.2.3 Liability Insurance
- 2.2.4 Product Quality Bond Insurance
- 2.2.5 Others
- 2.3 Photovoltaic Insurance by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.3.2 Household
- 2.3.3 Business
- 2.4 Assumptions and Limitations
3 Photovoltaic Insurance Breakdown Data by Type
- 3.1 Global Photovoltaic Insurance Historic Market Size by Type (2021-2026)
- 3.2 Global Photovoltaic Insurance Forecasted Market Size by Type (2027-2032)
4 Photovoltaic Insurance Breakdown Data by Application
- 4.1 Global Photovoltaic Insurance Historic Market Size by Application (2021-2026)
- 4.2 Global Photovoltaic Insurance Forecasted Market Size by Application (2027-2032)
5 Global Growth Trends
- 5.1 Global Photovoltaic Insurance Market Perspective (2021-2032)
- 5.2 Global Photovoltaic Insurance Growth Trends by Region
- 5.2.1 Global Photovoltaic Insurance Market Size by Region: 2021 VS 2025 VS 2032
- 5.2.2 Photovoltaic Insurance Historic Market Size by Region (2021-2026)
- 5.2.3 Photovoltaic Insurance Forecasted Market Size by Region (2027-2032)
- 5.3 Photovoltaic Insurance Market Dynamics
- 5.3.1 Photovoltaic Insurance Industry Trends
- 5.3.2 Photovoltaic Insurance Market Drivers
- 5.3.3 Photovoltaic Insurance Market Challenges
- 5.3.4 Photovoltaic Insurance Market Restraints
6 Market Competitive Landscape by Players
- 6.1 Global Top Photovoltaic Insurance Players by Revenue
- 6.1.1 Global Top Photovoltaic Insurance Players by Revenue (2021-2026)
- 6.1.2 Global Photovoltaic Insurance Revenue Market Share by Players (2021-2026)
- 6.2 Global Photovoltaic Insurance Industry Players Ranking, 2023 VS 2024 VS 2025
- 6.3 Global Key Players of Photovoltaic Insurance Head Office and Area Served
- 6.4 Global Photovoltaic Insurance Players, Product Type & Application
- 6.5 Global Photovoltaic Insurance Manufacturers Established Date
- 6.6 Global Photovoltaic Insurance Market CR5 and HHI
- 6.7 Global Players Mergers & Acquisition
7 North America
- 7.1 North America Photovoltaic Insurance Market Size (2021-2032)
- 7.2 North America Photovoltaic Insurance Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 7.3 North America Photovoltaic Insurance Market Size by Country (2021-2026)
- 7.4 North America Photovoltaic Insurance Market Size by Country (2027-2032)
- 7.5 United States
- 7.5 United States
- 7.6 Canada
- 7.7 Mexico
8 Europe
- 8.1 Europe Photovoltaic Insurance Market Size (2021-2032)
- 8.2 Europe Photovoltaic Insurance Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3 Europe Photovoltaic Insurance Market Size by Country (2021-2026)
- 8.4 Europe Photovoltaic Insurance Market Size by Country (2027-2032)
- 8.5 Germany
- 8.6 France
- 8.7 U.K.
- 8.8 Italy
- 8.9 Spain
- 8.10 Russia
- 8.11 Netherlands
- 8.12 Nordic Countries
9 Asia-Pacific
- 9.1 Asia-Pacific Photovoltaic Insurance Market Size (2021-2032)
- 9.2 Asia-Pacific Photovoltaic Insurance Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 9.3 Asia-Pacific Photovoltaic Insurance Market Size by Country (2021-2026)
- 9.4 Asia-Pacific Photovoltaic Insurance Market Size by Country (2027-2032)
- 9.5 China
- 9.6 Japan
- 9.7 South Korea
- 9.8 India
- 9.9 Australia
- 9.10 China Taiwan
- 9.11 Southeast Asia
10 South America
- 10.1 South America Photovoltaic Insurance Market Size (2021-2032)
- 10.2 South America Photovoltaic Insurance Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 10.3 South America Photovoltaic Insurance Market Size by Country (2021-2026)
- 10.4 South America Photovoltaic Insurance Market Size by Country (2027-2032)
- 10.5 Brazil
- 10.6 Argentina
- 10.7 Chile
- 10.8 Colombia
- 10.9 Peru
11 Middle East & Africa
- 11.1 Middle East & Africa Photovoltaic Insurance Market Size (2021-2032)
- 11.2 Middle East & Africa Photovoltaic Insurance Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 11.3 Middle East & Africa Photovoltaic Insurance Market Size by Country (2021-2026)
- 11.4 Middle East & Africa Photovoltaic Insurance Market Size by Country (2027-2032)
- 11.5 Saudi Arabia
- 11.6 Israel
- 11.7 United Arab Emirates
- 11.8 Turkey
- 11.9 Iran
- 11.10 Egypt
12 Players Profiled
- 12.1 Gcube
- 12.1.1 Gcube Company Information
- 12.1.2 Gcube Business Overview
- 12.1.3 Gcube Revenue in Photovoltaic Insurance Business (2021-2026)
- 12.1.4 Gcube Photovoltaic Insurance Product Portfolio
- 12.1.5 Gcube Recent Developments
- 12.2 Energetic Insurance
- 12.2.1 Energetic Insurance Company Information
- 12.2.2 Energetic Insurance Business Overview
- 12.2.3 Energetic Insurance Revenue in Photovoltaic Insurance Business (2021-2026)
- 12.2.4 Energetic Insurance Photovoltaic Insurance Product Portfolio
- 12.2.5 Energetic Insurance Recent Developments
- 12.3 PowerGuard
- 12.3.1 PowerGuard Company Information
- 12.3.2 PowerGuard Business Overview
- 12.3.3 PowerGuard Revenue in Photovoltaic Insurance Business (2021-2026)
- 12.3.4 PowerGuard Photovoltaic Insurance Product Portfolio
- 12.3.5 PowerGuard Recent Developments
- 12.4 Travelers Insurance
- 12.4.1 Travelers Insurance Company Information
- 12.4.2 Travelers Insurance Business Overview
- 12.4.3 Travelers Insurance Revenue in Photovoltaic Insurance Business (2021-2026)
- 12.4.4 Travelers Insurance Photovoltaic Insurance Product Portfolio
- 12.4.5 Travelers Insurance Recent Developments
- 12.5 Horton Group
- 12.5.1 Horton Group Company Information
- 12.5.2 Horton Group Business Overview
- 12.5.3 Horton Group Revenue in Photovoltaic Insurance Business (2021-2026)
- 12.5.4 Horton Group Photovoltaic Insurance Product Portfolio
- 12.5.5 Horton Group Recent Developments
- 12.6 PICC
- 12.6.1 PICC Company Information
- 12.6.2 PICC Business Overview
- 12.6.3 PICC Revenue in Photovoltaic Insurance Business (2021-2026)
- 12.6.4 PICC Photovoltaic Insurance Product Portfolio
- 12.6.5 PICC Recent Developments
- 12.7 CPIC
- 12.7.1 CPIC Company Information
- 12.7.2 CPIC Business Overview
- 12.7.3 CPIC Revenue in Photovoltaic Insurance Business (2021-2026)
- 12.7.4 CPIC Photovoltaic Insurance Product Portfolio
- 12.7.5 CPIC Recent Developments
- 12.8 PAIC
- 12.8.1 PAIC Company Information
- 12.8.2 PAIC Business Overview
- 12.8.3 PAIC Revenue in Photovoltaic Insurance Business (2021-2026)
- 12.8.4 PAIC Photovoltaic Insurance Product Portfolio
- 12.8.5 PAIC Recent Developments
- 12.9 CCIC
- 12.9.1 CCIC Company Information
- 12.9.2 CCIC Business Overview
- 12.9.3 CCIC Revenue in Photovoltaic Insurance Business (2021-2026)
- 12.9.4 CCIC Photovoltaic Insurance Product Portfolio
- 12.9.5 CCIC Recent Developments
- 12.10 Alltrust Insurance
- 12.10.1 Alltrust Insurance Company Information
- 12.10.2 Alltrust Insurance Business Overview
- 12.10.3 Alltrust Insurance Revenue in Photovoltaic Insurance Business (2021-2026)
- 12.10.4 Alltrust Insurance Photovoltaic Insurance Product Portfolio
- 12.10.5 Alltrust Insurance Recent Developments
- 12.11 State Grid Yingda Group
- 12.11.1 State Grid Yingda Group Company Information
- 12.11.2 State Grid Yingda Group Business Overview
- 12.11.3 State Grid Yingda Group Revenue in Photovoltaic Insurance Business (2021-2026)
- 12.11.4 State Grid Yingda Group Photovoltaic Insurance Product Portfolio
- 12.11.5 State Grid Yingda Group Recent Developments
- 12.12 XILIA
- 12.12.1 XILIA Company Information
- 12.12.2 XILIA Business Overview
- 12.12.3 XILIA Revenue in Photovoltaic Insurance Business (2021-2026)
- 12.12.4 XILIA Photovoltaic Insurance Product Portfolio
- 12.12.5 XILIA Recent Developments
- 12.13 Anora Agency Sdn. Bhd.
- 12.13.1 Anora Agency Sdn. Bhd. Company Information
- 12.13.2 Anora Agency Sdn. Bhd. Business Overview
- 12.13.3 Anora Agency Sdn. Bhd. Revenue in Photovoltaic Insurance Business (2021-2026)
- 12.13.4 Anora Agency Sdn. Bhd. Photovoltaic Insurance Product Portfolio
- 12.13.5 Anora Agency Sdn. Bhd. Recent Developments
- 12.14 Canopius Group Limited
- 12.14.1 Canopius Group Limited Company Information
- 12.14.2 Canopius Group Limited Business Overview
- 12.14.3 Canopius Group Limited Revenue in Photovoltaic Insurance Business (2021-2026)
- 12.14.4 Canopius Group Limited Photovoltaic Insurance Product Portfolio
- 12.14.5 Canopius Group Limited Recent Developments
- 12.15 Aviva plc
- 12.15.1 Aviva plc Company Information
- 12.15.2 Aviva plc Business Overview
- 12.15.3 Aviva plc Revenue in Photovoltaic Insurance Business (2021-2026)
- 12.15.4 Aviva plc Photovoltaic Insurance Product Portfolio
- 12.15.5 Aviva plc Recent Developments
- 12.16 Naturesave
- 12.16.1 Naturesave Company Information
- 12.16.2 Naturesave Business Overview
- 12.16.3 Naturesave Revenue in Photovoltaic Insurance Business (2021-2026)
- 12.16.4 Naturesave Photovoltaic Insurance Product Portfolio
- 12.16.5 Naturesave Recent Developments
- 12.17 Nviro Insurance
- 12.17.1 Nviro Insurance Company Information
- 12.17.2 Nviro Insurance Business Overview
- 12.17.3 Nviro Insurance Revenue in Photovoltaic Insurance Business (2021-2026)
- 12.17.4 Nviro Insurance Photovoltaic Insurance Product Portfolio
- 12.17.5 Nviro Insurance Recent Developments
- 12.18 Helvetia Business
- 12.18.1 Helvetia Business Company Information
- 12.18.2 Helvetia Business Business Overview
- 12.18.3 Helvetia Business Revenue in Photovoltaic Insurance Business (2021-2026)
- 12.18.4 Helvetia Business Photovoltaic Insurance Product Portfolio
- 12.18.5 Helvetia Business Recent Developments
- 12.19 Assicurazioni Generali S.p.A.
- 12.19.1 Assicurazioni Generali S.p.A. Company Information
- 12.19.2 Assicurazioni Generali S.p.A. Business Overview
- 12.19.3 Assicurazioni Generali S.p.A. Revenue in Photovoltaic Insurance Business (2021-2026)
- 12.19.4 Assicurazioni Generali S.p.A. Photovoltaic Insurance Product Portfolio
- 12.19.5 Assicurazioni Generali S.p.A. Recent Developments
- 12.20 Solarif Group
- 12.20.1 Solarif Group Company Information
- 12.20.2 Solarif Group Business Overview
- 12.20.3 Solarif Group Revenue in Photovoltaic Insurance Business (2021-2026)
- 12.20.4 Solarif Group Photovoltaic Insurance Product Portfolio
- 12.20.5 Solarif Group Recent Developments
- 12.21 COVERIS
- 12.21.1 COVERIS Company Information
- 12.21.2 COVERIS Business Overview
- 12.21.3 COVERIS Revenue in Photovoltaic Insurance Business (2021-2026)
- 12.21.4 COVERIS Photovoltaic Insurance Product Portfolio
- 12.21.5 COVERIS Recent Developments
13 Report Conclusion
14 Disclaimer
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