Press release
India Solar Rooftop Market Report: Comprehensive Industry Analysis and Growth Prospects
The "๐๐ง๐๐ข๐ ๐๐จ๐ฅ๐๐ซ ๐๐จ๐จ๐๐ญ๐จ๐ฉ ๐๐๐ซ๐ค๐๐ญ is rapidly gaining momentum, with its market size valued at USD 5.36 billion in 2023. The market is projected to grow at a CAGR of 15.19%, reaching USD 6.17 billion by 2030" Solar rooftop installations, which involve placing solar panels on building rooftops, are a decentralized approach to generating clean energy. This method allows businesses, households, and communities to reduce their reliance on traditional grid electricity, contributing to sustainability efforts.The Indian government has played a pivotal role in promoting solar rooftop adoption through initiatives like the Jawaharlal Nehru National Solar Mission (JNNSM) and the Solar Rooftop Subsidy Scheme. These programs have made solar energy more accessible and affordable, driving significant growth in the market. Tata Power Solar, a leading player in the industrial and commercial rooftop segment, has emerged as a key contributor to this growth.
๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐๐จ๐ฆ๐ฉ๐ฅ๐ข๐ฆ๐๐ง๐ญ๐๐ซ๐ฒ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/20777/
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ
โข Base Year: 2023
โข Forecast Period: 2024-2030
โข Historical Data: 2018 to 2023
โข Market Size in 2023: US $ 5.36 Bn.
โข Forecast Period 2024 to 2030 CAGR: 15.19%
โข Market Size in 2030: US $ 6.17 Bn.
However, the market faces challenges, including regulatory hurdles and financing obstacles, which have slowed the expansion of rooftop solar projects. Despite these challenges, innovative approaches such as virtual net metering and peer-to-peer trading are being explored to overcome these barriers and further stimulate growth in the Solar Rooftop market.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐๐จ๐ฉ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ
The India Solar Rooftop Market is segmented based on capacity, connectivity, and end-user:
1. ๐๐ฒ ๐๐๐ฉ๐๐๐ข๐ญ๐ฒ:
o 1KW to 10KW
o 11KW to 100KW
o Above 100KW
2. ๐๐ฒ ๐๐จ๐ง๐ง๐๐๐ญ๐ข๐ฏ๐ข๐ญ๐ฒ:
o On-Grid
o Off-Grid
3. ๐๐ฒ ๐๐ง๐-๐๐ฌ๐๐ซ:
o Residential
o Commercial
o Industrial
๐๐ฅ๐๐ข๐ฆ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ ๐๐ซ๐๐ฉ๐ก๐ข๐๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐๐ซ๐: https://www.maximizemarketresearch.com/request-sample/20777/
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐๐ข๐ ๐๐จ๐ฅ๐๐ซ ๐๐จ๐จ๐๐ญ๐จ๐ฉ ๐๐๐ซ๐ค๐๐ญ
1. Fourth Partner Energy Pvt. Ltd.
2. Amplus Solar Power Pvt. Ltd.
3. Clean Max Enviro Energy Solutions Pvt. Ltd.
4. Sunsource Energy Pvt. Ltd.
5. Orb Energy Pvt. Ltd.
6. Tata Power Solar Systems Limited
7. Mahindra Susten Pvt. Ltd.
8. Growatt New Energy Technology Co. Ltd.
9. Roofsol Energy Pvt. Ltd.
10. Others
These companies are at the forefront of India's transition to renewable energy, contributing to the growth and development of the solar rooftop market.
๐๐ข๐ฏ๐ ๐๐๐๐ฉ ๐ข๐ง๐ญ๐จ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/market-report/india-solar-rooftop-market/20777/
๐๐ฎ๐ซ ๐๐๐๐ซ๐๐ฌ๐ฌ:
๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ฏ๐ญ. ๐๐ญ๐.
โฎ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โ +91 9607365656
๐ sales@maximizemarketresearch.com
๐ www.maximizemarketresearch.com
๐๐๐ ๐๐ซ๐๐ข๐ง๐ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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