Press release
Japan Rooftop Solar Panel Market Size, Competitive Analysis, Share, Forecast- 2019-2025
Japan Rooftop Solar Panel Market
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As the trend increases across the country, it is expected to create opportunities for the growth of the market in the near future. Japan’s Government passed a FIT for business users and residential, requiring electric utilities to purchase excess solar power from these users in 2009. In 2012, a new FIT system was started by the government, based on the Renewable Energy Electric Procurement by Operators of Electric Utilities Law. According to the law, the regional electricity operators are required to connect renewable energy generation facilities to their grids and purchase the generated renewable energy at FITs. The FIT rate is 40 yen/kWh + sales tax (currently 5%), so the effective feed-in-tariff is 42 yen/kWh.
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The companies which are contributing to the growth of Japan rooftop solar panel market include Juwi Holding AG, Kaneka Corp., Kyocera Corp., Mitsubishi Corp., and Sharp Corp. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market. For instance, in June 2017, Sharp Corp. entered into an agreement with Impact Solar Ltd. to construct a roof-top solar system for Big C*1, one of Thailand’s hypermarket retailers.
Market Segmentation
Japan Rooftop Solar Panel Market by Type
Monocrystalline Solar Panel
Polycrystalline Solar Panel
Thin-Film Crystalline Solar Panel
Amorphous Silicon (a-Si)
Cadmium Telluride (CdTe)
Copper Indium Gallium Selenide (CIS/CIGS)
Other Solar Panels
Japan Rooftop Solar Panel Market by End-User
Household Sector
Corporate Sector
Company Profiles
Canadian Solar, Inc.
Hanwha Group
INFINI Co., Ltd.
Juwi Holding AG
Kaneka Corp.
Kyocera Corp.
Mitsubishi Corp.
Sharp Corp.
Solar Frontier K.K.
Wuxi Suntech Power Co., Ltd.
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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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