Press release
Rooftop Solar PV Installation Market to Reach $84.2 Billion by 2030, Growing at 6.3% CAGR
Rooftop Solar Photovoltaic (PV) Installation Market
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.alliedmarketresearch.com/request-sample/2374
Roof solar PV systems give out electrical energy generation alternatives, which help to fulfill a building's energy demands, or supply electrical power within a current distribution network. A rooftop solar photovoltaic arrangement is a photovoltaic system that locates application in the generation of electrical energy from the solar panel set up on the rooftop of an industrial or residential building. The market demand is propelled by different policies and efforts carried out by federal government for the installation of Rooftop Solar Photovoltaic setup across the globe. Solar photovoltaic installations can share a particular portion of the increasing demand for electrical energy owing to increase in automation, growth in industrialization in addition to rise in the living requirements of the people.
For the purpose of analysis, the rooftop solar photovoltaic (PV) installation market analysis is segmented into deployment, technology, grid type end-use and region. On the basis of technology, it is bifurcated into Thin Film and Crystalline Silicon and crystalline silicon is further classified into monocrystalline and multicrystalline. On the basis of grid type, it is classified into Off-grid and grid connected and grid connected is further bifurcated into centralized and decentralized. The end use covered in the study include residential, commercial, and industrial. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
๐๐ฎ๐ฒ ๐๐จ๐ฐ & ๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐๐ง ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/checkout-final/dcb1fc2677ea28cc25a7a8eece6c5407
Key players operating in the global rooftop solar photovoltaic (PV) installation market are Suntech Power Holding Co. Ltd, First Solar Inc., Yingli Green Energy Holding Co. Ltd., Canadian Solar Inc., Sharp Corporation, Solar World Ag, Jinko Solar Holding Company Ltd., and Trina Solar Ltd.
Other players operating in the global rooftop solar photovoltaic (PV) installation industry are Aneka Corporation Ltd., Kyocera Corporation, Panasonic Corporation, Renesola Co. Ltd., BP Solar International, and Bloo Solar Inc.
COVID-19 impact on the market
Lockdown imposed due to the outbreak of COVID-19 pandemic resulted in temporary ban on import & export and manufacturing & processing activities across various industries and electrical utilities, which decreased the demand for electricity from these consumers. Regardless of this strength, renewables' growth is anticipated to decrease. The globe is set to include 67 gigawatts (GW) of renewable power capacity. This decrease reflects delays in construction due to supply chain disturbances, lockdown actions and also social distancing guidelines, along with emerging financing obstacles. According to the International Energy Agency forecast, utility-scale solar PV projects are expected to rebound as most of the projects are already financed and under construction. However, setups of rooftop solar PV for companies and homes might continue to be disrupted in the medium term without strong government assistance.
๐๐ ๐ฒ๐จ๐ฎ ๐ก๐๐ฏ๐ ๐๐ง๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ, ๐๐ฅ๐๐๐ฌ๐ ๐๐๐๐ฅ ๐๐ซ๐๐ ๐ญ๐จ ๐๐จ๐ง๐ญ๐๐๐ญ ๐จ๐ฎ๐ซ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ ๐๐ญ: https://www.alliedmarketresearch.com/connect-to-analyst/2374
๐๐๐ฒ ๐ ๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ญ๐ฎ๐๐ฒ:
By region, Asia-Pacific accounted for the largest market share in 2020.
By deployment, ground-mounted segment holds the largest market share in 2020.
By technology, the crystalline silicon segment accounted for the largest market share in 2020.
By grid type, the grid connected segment accounted for the largest market share in 2020.
By end use, the industrial segment accounted for the largest market share in 2020.
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Allied Market Research is market research, consulting, and advisory firm of Allied Analytics LLP. Founded in 2013, the firm has been instrumental in offering high-quality syndicated and customized market research reports, consulting services, and useful insights to leading market players, startups, investors, and stakeholders. Driven by the aim to eliminate sub-standard data and become a successful partner for organizations, Allied Market Research has been innovating continuously, expanding the product & service portfolio, and implementing the client-first approach since its inception. With the clientele spanning more than 7,000 organizations that also include a majority of Fortune 500 companies, AMR has a proven track record of helping and serving the global clientele and playing a major role in their success.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
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