openPR Logo
Press release

Rooftop Solar Photovoltaic Installation Market Top Impacting Factors

02-11-2019 10:29 AM CET | Energy & Environment

Press release from: Allied Market Research

Rooftop Solar Photovoltaic Installation Market

Rooftop Solar Photovoltaic Installation Market

The Global Solar Photovoltaic Installation Market was valued at $29,770 million in 2016, and is projected to reach $64,671 million by 2023, growing at a CAGR of 11.2% from 2017 to 2023. The crystalline silicon solar photovoltaic segment
accounted for the maximum share of total market in 2016.

Rooftop solar exhibits an enormous potential by the complete utilization of unutilized rooftops. Rooftop solar PV are employed in urban areas, owing to availability of taller and multi-storey buildings. Moreover, solar RTPV systems exhibit huge potential in the developing countries, such as India, where transmission and distribution losses through utility are more than 30%. Furthermore, the increase in demand for energy coupled with depletion of fossil fuels, has further led to the demand of rooftop solar PV systems in both residential and commercial spaces.

At present, the global rooftop solar photovoltaic installation market witnesses numerous opportunities, owing to rapid increase in development of renewable power in Asia-Pacific and LAMEA to cope with the increase in electricity demand. In addition, the market is driven by implementation of domestic content laws and rise in photovoltaic installation projects, owing to expiration of federal investment tax credit (ITC). Moreover, in the developed economies, such as the U.S., solar photovoltaic has proved to be an economic alternative at the time of high power requirement.

Download free Sample Copy of Report: https://www.alliedmarketresearch.com/request-sample/2374?utm_source=openpr&utm_medium=vs

In addition, the success of distributed solar and rapidly reducing cost has led some U.S. utilities to establish their own solar installations, such as residential and community projects. However, rapid fluctuations of generation from photovoltaic systems due to availability of intermittent clouds leads to generation of variable voltage affecting the large power grid, which is expected to restrict the market growth. Furthermore, distribution of solar panels over a larger area acts an emerging opportunity for market growth.

The crystalline silicon solar photovoltaic segment accounted for the maximum share, in terms of volume, in 2016. Moreover, this segment witnesses strong demand in countries, such as China and Japan, owing to the strong development of the residential rooftop segment and increased demand for high-efficiency products. In addition, monocrystalline technology is expected to witness strong growth, owing to technological advancements and greater solar efficiency.

Key Findings of the Rooftop Solar Photovoltaic (PV) Installation Market:
• In terms of value, the mono-crystalline solar photovoltaic segment is anticipated to exhibit the highest growth rate of 12.1% during the analysis period.
• Asia-Pacific is anticipated to lead the market in 2013, and is projected to grow with a CAGR of 12.6%, in terms of value, during the forecast period.
• The non-residential type segment occupied nearly half of the total market in 2016.
• Germany occupied nearly half of the total Europe solar photovoltaic installation market in 2016.
• In terms of value, Japan is expected to grow at a CAGR of 11.9% from 2017 to 2023.

In 2016, Asia-Pacific accounted for nearly half of the total rooftop solar photovoltaic installation market, and is expected to continue this trend, owing to rapid rooftop solar photovoltaic installations, specifically in China, India, Japan, and the other developing countries.

The major companies profiled in the report include Suntech Power Holding Co. Ltd., Sun Power Corporation, First Solar Inc., Yingli Green Energy Holding Co. Ltd., Canadian Solar Inc., Schott Solar Ag., Sharp Corporation, Solar World Ag, Jinko Solar Holding Company Ltd. Corporation, and Trina Solar Ltd.

Make Purchase Report Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/2374?utm_source=openpr&utm_medium=vs

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Rooftop Solar Photovoltaic Installation Market Top Impacting Factors here

News-ID: 1575954 • Views:

More Releases from Allied Market Research

Analysis of Key Players in the Distribution System Market 2023-2032 | Travelport, Pegasus, SiteMinder, INFINI
Analysis of Key Players in the Distribution System Market 2023-2032 | Travelport …
According to a new report published by Allied Market Research, titled, "Distribution System Market," The distribution system market was valued at $7.5 billion in 2022, and is estimated to reach $15.4 billion by 2032, growing at a CAGR of 7.8% from 2023 to 2032. Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/A09571 Reservation inventory is connected via a computer-based network called the Global Distribution System (GDS). In the tourism industry, GDS is widely employed particularly
Global IT Security as a Service Market Analysis: Trends, Opportunities, and Forecasts 2032
Global IT Security as a Service Market Analysis: Trends, Opportunities, and Fore …
A recent report released by Allied Market Research titled "Information Technology (IT) Security as a Service Market" revealed that the market for IT security as a service reached a value of $15.3 billion in 2022 and is projected to hit $49.7 billion by 2032, showing a steady growth rate of 12.8% from 2023 to 2032. Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/4380 IT Security as a Service involves the provision of cybersecurity solutions and
Consumer Cybersecurity Software Market Overview: Expected to Reach $20.2 Billion
Consumer Cybersecurity Software Market Overview: Expected to Reach $20.2 Billion
A recent report from Allied Market Research, titled "Consumer Cybersecurity Software Market," explores the landscape of cybersecurity for individuals. This market was valued at $7.8 billion in 2022 and is forecasted to reach $20.2 billion by 2032, with a growth rate of 10.1% from 2023 to 2032. Consumer cybersecurity involves safeguarding data, networks, devices, and electronic systems against malicious activities. It encompasses a wide array of tools, from business systems to
Bathtub Market Size to Grow US$ 8.9 Billion by 2027 at a CAGR of 4.3% From 2021-2027
Bathtub Market Size to Grow US$ 8.9 Billion by 2027 at a CAGR of 4.3% From 2021- …
According to a new report published by Allied Market Research, titled, "Bathtub Market by Type, Material, End User, and Distribution Channel: Global Opportunity Analysis and Industry Forecast 2021-2027". The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends. The bathtub market size was valued at $7.6 billion in 2019, and is estimated to

All 5 Releases


More Releases for Solar

Biohybrid Solar Cell Market Professional Survey Report 2022 - Jinko Solar, JA SO …
The Biohybrid Solar Cell Market Report 2022 provides a comprehensive analysis of observable trends and projections. This research shows how to attract a large number of customers. Our certified crew of economists, researchers, and advisers has made further attempts in projecting the global industry by utilising accredited global Biohybrid Solar Cell market information tools as well as various instruments and ways to successfully review and get information. The research argues
Home Solar Power System Market Size, Share, Trends, Growth - Tesla, Panasonic So …
The Global Home Solar Power System Market study includes new innovations, market dynamics, strategic profiling in terms of the future market strategies and shares for the subsectors of the industry. This research consists of details related to the size of the industries, the major players, markets, sales volume and value. This study offers a detail data on the historical data pointers as well as forecasts by region/country for the sectors
Solar PV Module Market Outlook To 2024 - Trina Solar, Canadian Solar Inc., JA So …
Solar PV module market from utility sector has witnessed a substantial growth globally in recent years. In the first quarter of the year, Vietnam's Ministry of Industry and Trade have talked about their FiT scheme related to utility-based solar power projects. Ongoing electrification programs and incentives benefit pertaining to grid connected power generation is surging the demand for on-grid solar PV modules. On-grid connection represented 55% of the overall solar
Solar Simulator Market Distribution Channel 2019: Spire Solar, Solar Energy Inte …
Solar Simulator Market report aims to examine the developments of market including its market improvements, developments, positions and others. This report on the Solar Simulator market offers explanatory knowledge on the market parts like dominating players, drivers and restraints, production, revenue, consumption, import and export, and the most effective development within the organization size, deployment type, inside, segmentation comprised throughout this analysis, also major the players have used various strategies such
Solar PV Module Market By Key Vendors: Trina Solar, Canadian Solar Inc., JA Sola …
UK solar PV module market is set to expand owing to government initiatives towards sustainable energy integration. The export tariff introduced by the UK government facilitates USD 0.06 per unit for the surplus electricity injected back to the grid by the generator. Favorable government reforms with ambitious plan towards carbon footprint reduction will further boost the business outlook. Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1563 Solar PV Module Market size
Global Solar Photovoltaic Installations Market 2017: Key Players – BENQ Solar, …
Summary WiseGuyReports.com adds “Solar Photovoltaic Installations Market 2017 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2022” reports to its database. This report provides in depth study of “Solar Photovoltaic Installations market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Solar Photovoltaic Installations  Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an