Market Highlights
Solar Rooftop panels are an important part of solar panel installation. The main application of solar rooftop panel is to convert solar power into usable AC power. Solar rooftop panels enable safe and noiseless power generation, which makes them quintessential product in today’s world. Rooftop solar is increasingly cost-effective for residential, commercial, and industrial sector. Reductions in technology prices, innovative financing, and growing networks of solar installers and financial partners all helped drive down the prices for rooftop solar panel systems. Currently, the global solar rooftop sales market is increasing tremendously in influence of major drivers such as global environmental concerns, future energy supply security, increasing investment in clean energy, and low operating cost of a solar rooftop panels.
Asia-Pacific region holds the largest share of approximately 48% in Global Solar Rooftop Sales Market in 2016 and is expected to grow at a high rate resulting into growth in sale of solar rooftop sales subsequently. The continuous growth in industrial & commercial and utility sector in Asia –Pacific, requires a high amount of electricity for their operations. Also, the government initiative for utilization of renewable energy is making the end user opt for solar energy. All these factors will majorly constitute for the growth of Solar Rooftop Sales in this Asia-Pacific for forecast period.
The Global Solar rooftop Sales Market is expected to grow at a CAGR of 21.17% during the forecast period.
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Key Players:
- SMA Solar Technology AG (Germany),
- Trina Solar (China),
- Yingli Green Energy Holding Company Limited (China),
- Canadian Solar Inc. (Canada),
- Jinko Solar (China),
- SolarWorld AG (Germany),
- SunPower Corporation (U.S.),
- Shunfeng International Clean Energy Limited. (China),
- Tata Power Solar Systems Limited (India),
- Delta Energy Systems (Germany),
- JA Solar Holdings Co., Ltd. (China)
- ABB Ltd. (Switzerland).
Taste the market data and market information presented through more than 50 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Solar Rooftop Sales Market Research Report- Forecast to 2023”
Market Research Analysis
Residential Solar Rooftop Sales is expected to grow at the fastest rate
Currently, there is a growing demand for solar rooftop systems in the residential rooftop applications. There is a significant fall in the prices of key components such as silver and poly-silicone that are used in the manufacturing of solar cells. A great advantage of the solar panel is its functioning without harmful emissions and noise. A gradual fall in the prices of industrial commodities used to manufacture solar panels, and the rising inflation in electricity and natural gas sector in the coming decade, are the major driving factors for the growth of the solar rooftop sales market in forecast period. Rise in electricity prices combined with cheaper solar panels will also drive the solar rooftop sales market, majorly. Some restraints of the market are its incapability to perform at night without backup, disturbance during certain abnormal climatic conditions such as cloudy weather even in daytime and expensive solar technologies.
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Table of Content
1 Executive Summary
2 Research Methodology
2.1 Definition
2.2 Scope of the Study
2.2.1 Definition
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Solar Rooftop Sales Market, By Capacity
4.1 Introduction
4.2 >10 kW
4.3 11 kW- 100kW
4.4 <100 kW
5 Global Solar Rooftop Sales Market, By Connectivity
5.1 Introduction
5.2 On-Grid
5.3 Off-Grid
6 Global Solar Rooftop Sales Market, By End-User
Continue………
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