Press release
Solar Rooftop Sales Industry is Expected to Grow at Approximately 21.17% by 2023
Market research future published a half cooked research report on Global Solar Rooftop Sales Market. The Solar Rooftop Sales Market is expected to grow over the CAGR of around 21.17% during the period 2017 to 2023Market Highlights
Solar photovoltaic rooftop systems are widely used to produce electricity from sun light and are mounted on top of any commercial, industrial, residential or government building. Solar rooftop systems are either grid-connected of off-grid electricity generating systems. In the on-grid solar rooftop systems, the electricity is generated from solar PV rooftop which are connected to the utility grid. However, the off-grid systems generate electricity which is consumed by the connected load, and excess of power is stored in batteries to be used as and when needed. Over the past few years, the demand for solar rooftop systems is gradually rising and expecting a remarkable growth in future. Solar rooftop systems have been dominating the renewable energy market owing to its increasing demand from its end-use applications.
Solar Rooftop panels are an important part of solar panel installation. The main application of solar rooftop panel is to convert solar power into usable AC power. Solar rooftop panels enable safe and noiseless power generation, which makes them quintessential product in today’s world. Rooftop solar is increasingly cost-effective for residential, commercial, and industrial sector. Reductions in technology prices, innovative financing, and growing networks of solar installers and financial partners all helped drive down the prices for rooftop solar panel systems. Currently, the global solar rooftop sales market is increasing tremendously in influence of major drivers such as commitment to develop a clean energy society, Government incentives and policy.
The Global Solar Rooftop Sales Market has been analyzed based on capacity, connectivity, end-users and regions. On the basis of capacity, the global solar Rooftop Sales system market has been segmented as >10 kW, 11 kW- 100kW and
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