Rooftop Solar PV Market Size, Share, Report, Analysis, Trends & Forecast to 2026

According to Stratistics MRC, the Global Rooftop Solar PV market is accounted for $32,259 million in 2017 and is expected to reach $91,180 million by 2026 growing at a CAGR of 12.2% during the forecast period.

Gaithersburg, Maryland, United States - March 7, 2019 /MarketersMedia/ —

Actively promoting the usage of rooftop solar PV in residential, rise in demand for renewable energy and the electricity generation are the key driving factors for the market growth. However, insufficient grid capacity creates hurdles in setting up new plants acts as major restraint for the market growth. Moreover, increasing investment by major players provides ample opportunities for the market growth.

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Rooftop solar photovoltaic (PV) installation is basically an electrical installation that changes solar energy into electrical energy. The rooftop solar photovoltaic (PV) systems are much smaller in size and are majorly installed on the rooftop of commercial and residential buildings. Rooftop solar PV systems are basically the circulated power generation systems, which assist to meet buildings energy requirements by producing electrical energy within an active distribution network.

By technology, crystalline silicon PV segment commanded considerable growth in the market. It is made of highly pure silicon wafers that are further used to convert the solar energy into electrical energy. Crystalline silicon (c-Si) is one of the most widely used semiconductor material in photovoltaic (PV) technology to manufacture solar cells. They are highly efficient as compared to its rival technologies, for instance, amorphous silicon and non-silicon solar cells.

Asia Pacific is expected to have the largest market share and dominate the market during the forecast period. China is anticipated to be the most profitable region due to its increasing governmental schemes and feed-in-tariff program thus propelling the expansion of the rooftop solar PV market. These schemes have led to helping in connectivity particularly in isolated areas for electricity along with increasing demand for uncontaminated energy which is cheaper as compared to nuclear electricity and fossil fuels.

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Some of the key players profiled in the Rooftop Solar PV market include Sharp Corporation, Trina Solar Ltd, Kyocera Corporation, JA Solar, Yingli Solar, Canadian Solar Inc., Sungevity, Tesla, Vikram Solar, Jinko Solar, SunPower Corporation, Sunshot Technologies, RelyOn Solar Pvt Ltd, Pristine Sun and Solimpeks.

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Technologies Covered:
Thin-film
Crystalline Silicon

Applications Covered:
Off-Grid
Grid Connected

End Users Covered:
Residential
Non-Residential

Regions Covered:
North America
o US
o Canada
o Mexico
Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
South America
o Argentina
o Brazil
o Chile
o Rest of South America
Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

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Organization: Stratistics Market Research Consulting Pvt Ltd
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