Rooftop Solar Photovoltaic (PV) Market
Rooftop Solar Photovoltaic (PV) Market Global Industry Assessment & Forecast
Segments Covered
- By Technology Thin Film, Crystalline Silicon, Others
- By Grid Type On Grid, Off Grid
- By Application Residenrial, Commercial, Industrial
Snapshot
Forecast Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 75.43 Billion |
Revenue 2028: | 124.36 Billion |
Revenue CAGR (2021 - 2028): | 6.01 |
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 Technology,
Grid Type, Application and region. The report will cover market
estimations and forecast for each segment by region for the years 2016–2028. Several
growth factors and opportunities impacting various segments have been
incorporated in the report. On
the basis of Technology, the market is divided into Thin Film, Crystalline Silicon, Others. Film
held the largest share in 2020 and is projected to witness substantial growth
during the forecast period.
Based
on Grid Type, the market is divided into On Grid, Off Grid. Industrial Sector
attributed to the highest market share and is expected to grow at a significant
CAGR from 2021 to 2028.
Global Rooftop Solar Photovoltaic (PV) Market: Technology Segment Analysis
-
- Thin Film
- Crystalline Silicon
- Others
Global Rooftop Solar Photovoltaic (PV) Market: Grid Type Segment Analysis
-
- On Grid
- Off Grid
Global Rooftop Solar Photovoltaic (PV) Market: Application Segment Analysis
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- Residenrial
- Commercial
- Industrial
FAQ
Frequently Asked Question
What is the global demand for Rooftop Solar Photovoltaic (PV) in terms of revenue?
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The global Rooftop Solar Photovoltaic (PV) valued at 75.43 Billion in 2020 and is expected to reach 124.36 Billion in 2028 growing at a CAGR of 6.01%.
Which are the prominent players in the market?
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The prominent players in the market are Sharp, SunPower, Risen, Canadian Solar, Kyocera Solar, GCL, Longi Solar, Yingli, Trina Solar, Solarworld, Eging PV, JA Solar, Hanwha, First Solar, Jinko Solar..
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 6.01% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
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The driving factors of the Rooftop Solar Photovoltaic (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 Rooftop Solar Photovoltaic (PV) in 2020.