Increasing demand from Residential and Non-residential for various applications is expected to drive market growth of rooftop solar PV market during the forecast period.  

The rooftop solar photovoltaic systems are electrical systems that convert alternative energy into power. The rooftop solar photovoltaic systems are used as renewable energy or inexperienced energy supply for residential and non-residential applications. Speedy urbanization and improving standards of living can increase the demand for rooftop solar photovoltaic systems within the years to come. The growing awareness concerning energy sources, increasing regulative policies, current infrastructural developments, high value growth, property energy necessities, low-priced power generation, massive shopper base, and substantial technological advancements are expected to fuel the demand for rooftop solar photovoltaic systems market within the approaching years.

The rising international demand for compact style and light-weight rooftop solar photovoltaic systems is another factor refueling the rooftop solar photovoltaic systems market.

Segment Analysis:

The monocrystalline is expected to be the fastest growing technology segment, due to factors such as its requirement to occupy the least space, its ability to function in areas of low levels of sunlight, and more. By grid type, the off-grid segment is inferred to hold a major market share of the rooftop solar photovoltaic systems market on account of increasing demand from consumers suffering from high tariff rates, irregular,and insufficient supply of electricity.

Key Factors Impacting Market Growth:

• Drop in the price of solar rooftop panels

• Growing concern regarding the environment

• Increasing interest about renewable and cost effective energy sources

• High cost of installation

Regional Analysis:

The regional outlook for rooftop solar PV market provides detailed information for markets including North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World. North America and Western Europe are estimated to be key regions for rooftop solar PV market during the forecast period. Being one of the industrialized regions, the energy & power sector is key to the operations of various industries in this region. This is one of the important factors governing the growth of rooftop solar PV market in these regions. Some of the major countries covered in this region include US, Germany, UK, France, Italy, Canada, and so on.

Asia Pacific is estimated one of the fastest growing regions for rooftop solar PV market during the forecast period. Some of the fastest growing economies and increasing demand for energy & power to cater high population & industries is expected to drive the demand in this region. China and India are projected to register major demand during the forecast period. Middle East that includes UAE, Saudi Arabia, Iran, Qatar, and others promises high market potential during the forecast period. Rest of the World including South America and Africa are emerging regions in terms of market demand during the forecast period.

Companies Covered: Sungevity, JA Solar, Hanwha Q CELLS, Canadian Solar, Axitec, Yingli Green Energy, SolarCity Corporation, SolarWorld, Luxor, SFCE, Trina Solar, Jinko Solar, SunPower Corporation, REC Solar, Tata Power…

Market Segmentation:

By Technology:

• Thin Film

• Crystalline Silicon

• Monocrystalline

• Multicrystalline

By Grid Type:

• Off-Grid

• Grid Connected

• Centralized

• Decentralized

By End-use:

• Residential

• Non-residential

By Region:

• North America

• By Country (US, Canada, Mexico)

• By Technology

• By Grid Type

• By End-use

• Western Europe:

  • By Country (Germany, UK, France, Spain, Rest of Western Europe)

  • By Technology

  • By Grid Type

  • By End-use

• Eastern Europe:

  • By Country (Russia, Turkey, Rest of Eastern Europe)

  • By Technology

  • By Grid Type

  • By End-use

• Asia Pacific

• By Country (China, Japan, India, Rest of Asia Pacific)

• By Technology

• By Grid Type

• By End-use

• Middle East:

  • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)

  • By Technology

  • By Grid Type

  • By End-use

• Rest of the World

• By Region (Latin America, Brazil, Rest of the World)

• By Technology

• By Grid Type

• By End-use

Reasons To Buy This Report:

• Market size estimation of the rooftop solar PV market on a regional and global basis

• The unique research design for market size estimation and forecast

• Profiling of major companies operating in the market with key developments

• Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

• By Segment

• By Sub-segment

• By Region/Country

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