Rooftop Solar Panel Market Growth, Opportunity, Size, Share and Forecast 2019-2025

The global rooftop solar panel market size was valued at USD 18,375 million in 2018 and expected to register a CAGR 7.7% during the forecast period. The market is rapidly growing and is showing promising growth opportunities during forecast period majorly due to the increasing energy demand across the globe. It is witnessing positive growth owing to the reduction in the price of the rooftop solar panel. Furthermore, awareness among people and government incentives are boosting the demand for rooftop solar panel across the globe.

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The growth of rooftop photo voltaic is tremendously dynamic and varies strongly by country. In 2016, the cumulative photovoltaic capacity increased by 71 giga watts (GW) and reached at least 291 GW. The top installers of 2016 were China, the US, and India. Apart from this, favorable initiatives by the European and North American government to support the growth of rooftop solar panel market globally establish a strong platform for the rooftop solar panel market.
There are some constraints in the growth of the market such as lack of proper energy storage and energy transportation facility and the high cost of installation. Emerging market such as India and China are creating enormous opportunity for the market which will significantly contribute to the growth of the market in near future. In addition, no entry barrier for new entrants and advancement in technology are some opportunity for the global rooftop solar panel market. The report includes detailed market overview, analyst insights, market determinants, market segmentation, geographical analysis, strategic recommendations, key company analysis, key findings, market insights, solar panel market analysis and company profiling.

Geographically market is divided into North America, Europe, Asia-Pacific and Rest of the World. Asia-Pacific region is leading the rooftop solar panel market followed by North America and Europe majorly due to the rising environmental concern such as global warming and reduction in the rooftop solar panel costs in the region. Governments of the China and India have been highly supportive for installation of the rooftop solar panel, creating an encouraging regulatory environment for companies in the APAC market. Additionally, Europe region is showing significant growth in rooftop solar panel market.

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Rooftop Solar Panel Market Segmentation

By Types
o Monocrystalline Silicon Rooftop Solar Panel
o Polycrystalline Silicon Rooftop Solar Panel
o Thin-Film Rooftop Solar Panel
o Other Solar Panel

By End-User
o Household Sector
o Corporate Sector

Regional Analysis

North America
o US
o Canada

Europe
o Germany
o UK
o France
o Spain
o Italy
o Rest of Europe

Asia-Pacific
o China
o Japan
o India
o Rest of Asia-Pacific

Rest of the World
o Middle East & Africa
o Latin America

Company Profiles
o Canadian Solar, Inc.
o China Sunergy Co., Ltd. (CSUN Solar)
o DelSolar Co., Ltd.
o Evergreen Solar, Inc.
o First Solar, Inc.
o Hanwha SolarOne Co. Ltd.
o JA Solar Holdings
o JinkoSolar Holding Co., Ltd.
o Juwi Holding AG
o Kyocera Corporation
o Motech Industries, Inc.
o Neo Solar Power Energy Corporation
o ReneSola Zhejiang Ltd,
o Risen Energy Co. Ltd.

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