Solar Rooftop Market Overview:
Solar Rooftop Market is to grow at a CAGR of 20.57% during the forecast period.
Our Market Overview and Regional Analysis provide an understanding of the industries, companies and products within the market. Our Trends section provides an analysis of how the market is currently performing and looks set to perform in the future. Our Growth Forecast section gives you an idea about how our Market Analysis works, by giving us further details on how we can build our Market Forecast model for a particular domain within this report. Lastly, in our Metrics section we outline important data points relating to each of these sections as well as our current forecasted price range.
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Scope Of Solar Rooftop Industry Ecosystems
The convenience and benefit factors related to solar energy are estimated to push the growth of the Solar Rooftop Market 2020. The semiconductor and electronics industry reports are produced by Market Research Future, which highlights market options for expansion.
The improvement in utility grids around the world is estimated to bolster the Solar Rooftop Market share in the impending period. The surge in residential rooftop application is estimated to promote further market growth for the Solar Rooftop Market in the forecast period.
Segmental Analysis
The segmental insight into the Solar Rooftop Market has been segmented on the basis of connectivity, capacity, region, and end-users. On the basis of end-users, the Solar Rooftop Market consists of commercial, residential, and industrial. On the basis of capacity, the Solar Rooftop Market has been segmented into kW-100 kW, >10 kW, 11, and <100 kW. The connectivity-based segmentation of the Solar Rooftop Market has been divided into off-grid and on-grid. Based on the regions, the Solar Rooftop Market is segmented into Asia-Pacific, Europe, North America, and the rest of the regions in the world.
Detailed Regional Analysis
The regional review of the Solar Rooftop Market includes regions such as Asia-Pacific, Europe, North America, and the rest of the regions in the world. Among these global regions, the Asia Pacific region has appeared as the foremost region in terms of value and volume, followed by the regions of Europe and North America. The Asia-Pacific solar installation capacity in 2016, accounted for 144.8 GW, while European and North American region was responsible for 102.1 GW and 35.6 GW, the Asia Pacific region holds the most significant share of roughly 50% in the worldwide Solar Rooftop Market in 2016. It is projected to develop at a towering rate leading to the growth in retailing of solar rooftop consequently. The constant growth in the industrial & commercial and utility sectors in the APAC necessitates a towering amount of electricity for their operation. Moreover, the government proposals for the operation of renewable energy are leading to the end-user opting for solar energy. The combination of these factors will primarily constitute the factors enabling the development of the Solar Rooftop Market in the Asia-Pacific region for the forecast period.
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Key Players:
The noteworthy players in the solar rooftop market are Trina Solar (China), Yingli Green Energy Holding Company Limited (China), SolarWorld AG (Germany), Tata Power Solar Systems Limited (India), JA Solar Holdings Co., Ltd. (China), Canadian Solar Inc. (Canada), SMA Solar Technology AG (Germany), Delta Energy Systems (Germany),Jinko Solar (China), SunPower Corporation (U.S.), Shunfeng International Clean Energy Limited. (China), and ABB Ltd. (Switzerland).
