DG Rooftop Solar PV Market
DG Rooftop Solar PV Market Global Industry Assessment & Forecast
#
Pages:
136
2021
Nov - 2021
VMR-2021-0241
Segments Covered
By
Type Crystalline Silicon, Thin Film
-
By
Application Non-residential, Residential
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
8.6 Billion |
 Revenue 2028:
|
16.04 Billion |
 Revenue CAGR
(2021 - 2028): |
5.4 |
Fastest Growing Region (2022 -
2028)
|
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
- Others Request
Customization Speak To
Analyst
The report delivers an acute breakdown of the market based on various segments such as Type, Application, , and region. The report includes market size and forecast for each segment by region/country for the years 2016–2028. Moreover, it also covers a thorough analysis of growth factors and opportunities impacting segmental growth.
On the basis of Type, the market is divided into Crystalline Silicon, Thin Film. Crystalline Silicon dominated the global DG Rooftop Solar PV market in 2020 and is projected to witness the same trend during the forecast period.
Based on Application, the market is segmented into Non-residential, Residential. Non-residential accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
Global DG Rooftop Solar PV Market: Type Segment Analysis
-
- Crystalline Silicon
- Thin Film
Global DG Rooftop Solar PV Market: Application Segment Analysis
-
- Non-residential
- Residential
FAQ
Frequently Asked Question
What is the global demand for DG Rooftop Solar PV in terms of revenue?
-
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?
-
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?
-
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?
-
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?
-
Asia Pacific was the leading regional segment of the DG Rooftop Solar PV in 2020.
