Global Rooftop Solar PV Market Revenue Is Anticipated To Reach USD 184 BN By 2025 | CAGR 16.1% | Sharp Corporation, Trina Solar, Pristine Sun LLC, Solimpeks Corporation, Kyocera Corporation, JA Solar Co. Ltd., Yingli Solar

Rooftop solar PV offers an efficient, emission-free renewable source of electricity which can be used off-grid as well as on-grid. Rooftop solar PV offers an effective and efficient method for reducing carbon footprint and generating electricity from solar radiation. The market for rooftop solar PV has been rapidly increasing with the support of government subsidies and tax credits. The rooftop solar PV market have attracted large number of equity investments and funding. Currently, there are two major silicon technologies available: monocrystalline and polycrystalline. Rooftop solar PV systems are undergoing a surge in popularity due to their flexible nature and availability through leasing schemes. Rooftop solar electricity has been able to achieve grid parity in most of the countries. The overall payback time for the rooftop solar PV systems have been reducing, further boosting the market. The rooftop solar market is registering huge investments and funding from the equity and public investors.

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Key players in the Rooftop Solar PV market include Sharp Corporation, Trina Solar, Pristine Sun LLC, Solimpeks Corporation, Kyocera Corporation, JA Solar Co. Ltd., Yingli Solar, Vikram Solar, Canadian Solar Limited, RelyOn Solar Pvt Ltd. and Sunshot Solar Co. Ltd.

Share of renewable energy in the global energy mix is rising at a substantial pace. According to the IEA, renewable energy accounted for only 13.2% share of the global energy mix market in 2012. However, its share rose to 19.3% in 2015. Solar and wind renewable capacities experienced maximum growth in 2015. The Paris Agreement enforces countries to strive toward keeping the rise of global temperature in the present century below 2°C. According to the IEA, a minimum of 75 GW of solar capacity was installed worldwide in 2016, which was a rise of about 48% from that in 2015. Decrease in production costs and advancements in technology of solar panels have the potential to reshape the rooftop solar PV industry. New players can enter the market through various ways such as different solar PV material, different solar PV cell type, and different range of PV manufacturing techniques. Rooftop solar is widely used in commercial and industrial buildings as it provides benefits such as economical cost, less complexity, avoiding of cost of land, etc.

This report analyzes and forecasts the market for rooftop solar PV at the global and regional level. The market has been forecast based on revenue (US$ Mn) and volume (MW) from 2017 to 2025. The study includes drivers and restraints of the global rooftop solar PV market. It also covers the impact of these drivers and restraints on demand for rooftop solar PV during the forecast period. The report also highlights opportunities in the rooftop solar PV market at the global, regional and country level.

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The report comprises a detailed value chain analysis, which provides a comprehensive view of the global rooftop solar PV market. Porter’s five forces model for the solar rooftop PV market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein end-users are benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view of the global rooftop solar PV market by segmenting it in terms of application. These segments have been analyzed based on present and future trends. Regional segmentation includes the current and forecast demand for rooftop solar PV in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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The report provides the estimated market size of rooftop solar PV for 2016 and forecast for the next nine years. The global market size of rooftop solar PV has been provided in terms of revenue. Market numbers have been estimated based on application segments of rooftop solar PV market. Market size and forecast for each application have been provided in terms of global and regional markets.

The report segments the global rooftop solar PV market as follows:

Rooftop Solar PV Market: Application

On-Grid
Off-Grid
Rooftop Solar PV Market: Regional Analysis

North America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
Australia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa (MEA)
GCC
South Africa
Rest of MEA

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Key Takeaways

The report provides an extensive analysis of Rooftop Solar PV market trends and share from 2016 to 2025 to identify the market opportunities
Comprehensive analysis with respect to investments, regulatory scenario and price trend that subsequently impact the market outlook and forecast of global Rooftop Solar PV between 2016 and 2025
Identify the key factors responsible to build the upcoming opportunistic roadmap for rooftop solar PV market at a global, regional and country level
The report provide insights on market opportunities for various stakeholders in the industry value chain and detailed competition landscape for key players dominating the industry to understand competition level and opportunity for strategic merger and acquisition
Porters Five Forces analysis and SWOT Analysis highlights the potency of buyers & suppliers to enable stakeholders to make profit-oriented business decisions and analyze the strength and weakness to gain strategic position in the market

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