France Renewable Energy Insurance Market Size, Share, And COVID-19 Impact Analysis, By Coverage Type (Property Insurance, Liability Insurance, Business Interruption Insurance, and Others), By End-Use (Residential, Commercial, Industrial, and Utility), and France Renewable Energy Insurance Market Insights, Industry Trend, Forecasts To 2035

France Renewable Energy Insurance Market Size Insights Forecasts to 2035

• The France Renewable Energy Insurance Market Size is Expected to Grow at a CAGR of around 4.6% from 2025 to 2035
• The France Renewable Energy Insurance Market Size is Expected to Hold a Significant Share by 2035

According to a research report published by Spherical Insights & Consulting, the France Renewable Energy Insurance Market Size is anticipated to hold a significant share by 2035, growing at a CAGR of 4.6% from 2025 to 2035. The France renewable energy insurance market is driven by ambitious renewable energy targets, government support, and the increasing frequency of natural disasters.

Market Overview:

Renewable energy insurance covers policyholders against losses they incur due to the generation, transmission, and storage of renewable energy sources. With the risks associated with undertakings like natural disaster, equipment failure, and construction delays, the need for means to insure them by opting for insurance solutions is also evolving fast. Renewable energy projects are becoming increasingly complex in terms of different technologies and components. Besides, such companies have high risks difficult to insure. Therefore, many insurance products and services are specially designed by insurers to cater to the renewable power sector.

Report Coverage:

This research report categorizes the France renewable energy insurance market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the France renewable energy insurance market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the France renewable energy insurance market.

Driving Factor

The increasing need for clean energy sources such as solar and wind power, the renewable energy insurance sector is booming. Renewable energy plans will keep on growing with more and more governments and businesses globally implementing rules and other plans that reduce carbon emissions and transition towards living green. All the risks, such as those for projects involving renewable energy, such as supply chain disruption, cyber-attacks, and performance guarantee risks, are insured under the insurance programs.

Restraining Factor

The market for renewable energy is the absence of consistent rules and guidelines. Businesses find it challenging to maintain their competitiveness in the renewable energy insurance industry due to the steady increase in insurance premium costs over the past few years. Businesses are finding it challenging to pay the required coverage as a result of insurers having to increase their prices in order to be profitable.

Market Segmentation

The France renewable energy insurance market share is classified into coverage type and end-use.

• The property insurance segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period

The France renewable energy insurance market is segmented by coverage type into property insurance, liability insurance, business interruption insurance, and others. Among these, the property insurance segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. The segmental expansion can be attributed to the growing number of global renewable energy projects under development. To protect their businesses against the hazards of renewable energy generation, including weather-related damage, equipment failure, and business interruption, these projects need specific insurance coverage.

• The industrial segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period

The France renewable energy insurance market is segmented by end-use into residential, commercial, industrial, and utility. Among these, the industrial segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. The growth of this market is being driven by the growing need for renewable energy in industries to lower their carbon footprint and adhere to legal requirements. The industry is also expanding as a result of industrial establishments' increasing use of renewable energy technologies like wind turbines and solar photovoltaic systems.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the France renewable energy insurance market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Chubb
• AIG
• AXA
• Zurich Insurance
• Allied World Insurance
• Liberty Mutual
• Marsh
• Berkshire Hathaway
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at the France, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the France renewable energy insurance market based on the below-mentioned segments:

France Renewable Energy Insurance Market, By Coverage Type

• Property Insurance
• Liability Insurance
• Business Interruption Insurance
• Others

 France Renewable Energy Insurance Market, By End-Use

• Residential
• Commercial
• Industrial
• Utility