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DG Rooftop Solar PV Market
DG Rooftop Solar PV Market Global Industry Assessment & Forecast
Segments Covered
By Type Crystalline Silicon, Thin Film
By Application Non-residential, Residential
Snapshot
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2021 - 2028 |
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2016 - 2020 |
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8.6 Billion |
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16.04 Billion |
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5.4 |
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Asia Pacific |
Customization Offered
Cross-segment Market Size and Analysis for Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market Dynamics
Region Level Market Share
Import Export Analysis
Production Analysis
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FAQ
Frequently Asked Question
What is the global demand for DG Rooftop Solar PV in terms of revenue?
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The global DG Rooftop Solar PV valued at 8.6 Billion in 2020 and is expected to reach 16.04 Billion in 2028 growing at a CAGR of 5.4%.
Which are the prominent players in the market?
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The prominent players in the market are JA Solar, First Solar, Risen, Hanwha, Longi Solar, Sharp, GCL, Canadian Solar, Yingli, Trina Solar, Solarworld, Eging PV, Kyocera Solar, Jinko Solar, SunPower..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 5.4% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
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The driving factors of the DG Rooftop Solar PV include
- PV panels provide clean – green energy. During electricity generation with PV panels there is no harmful greenhouse gas emissions thus solar PV is environmentally friendly. Solar energy is energy supplied by nature – it is thus free and abundant. These factors are fueling the market growth.
- Solar panels cost is currently on a fast reducing track and is expected to continue reducing for the next years – consequently solar PV panels has indeed a highly promising future both for economic viability and environmental sustainability. This is also facilitating the market growth.
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the DG Rooftop Solar PV in 2020.