Market Overview:
The global solar roof tiles market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for renewable energy sources and government initiatives and subsidies for the adoption of solar roof tiles. The global solar roof tiles market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into monocrystalline silicon solar roof tiles, polycrystalline silicon solar roof tiles, and others. Monocrystalline silicon solar roof tiles are expected to account for a major share in terms of revenue in 2018 owing to their high efficiency as compared to other types of solar cells. Polycrystalline silicon Solar Roof Tiles are also gaining popularity due to their lower cost as compared to monocrystalline cells. On the basis of application, high standard multi-family housing is expected account for a major share in terms revenue in 2018 followed by commercial buildings and others segments respectively .Government initiatives such as subsidies & tax rebates offered by various governments across different geographies are driving demand for residential applications globally .
Product Definition:
A solar roof tile is a roofing tile that captures energy from the sun and converts it into usable electricity. Solar roof tiles are important because they can help homeowners reduce their dependence on traditional forms of energy, such as fossil fuels. Additionally, solar roof tiles can increase the value of a home and may even help homeowners qualify for tax credits.
Monocrystalline Silicon Solar Roof Tiles:
Monocrystalline Silicon solar roof tiles are made from high-quality, durable silicon that is almost two times stronger than normal polycrystalline. The product has a higher melting point and lower thermal conductivity as compared to polycrystalline. Monocrystalline silicon solar roof tiles are used in applications where aesthetics and performance matter the most such as architectural roofs, industrial flat roofs, commercial steeply-sloped roofs and residential sloped or tile roofs.
Polycrystalline Silicon Solar Roof Tiles:
Polycrystalline silicon solar roof tiles are made from very fine and large crystals of polycrystalline silicon. These tiles are used in the production of photovoltaic roof tiles which convert sunlight into electricity. The product is manufactured using special manufacturing processes to create ultra-fine and large crystals, which maximize the amount of light that can be absorbed by each tile.
Application Insights:
The others application segment accounted for the largest revenue share of over 30% in 2017. The growing demand for solar roof tiles in various applications including commercial buildings, high standard multi-family housing and others is expected to drive the global market over the forecast period.
Commercial buildings are projected to be one of the prominent end users of these products globally owing to their ability to generate electricity as well as heat water with renewable sources such as sunlight. Increasing government initiatives and regulations regarding energy generation through renewable sources are likely to propel product demand from residential building applications alone would not be sufficient enough energy needs across a wide range of commercial establishments globally which is expected drive industry growth over the coming years.
Regional Analysis:
Asia Pacific regional market accounted for the largest share of global revenue in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing government initiatives and investments in renewable energy infrastructure. For instance, China has undertaken numerous initiatives such as “13th Five-Year Plan†which aims at making China a world leader in solar technology by 2020, and “Made In China†initiative that promotes Chinese products globally. These factors are anticipated to drive demand for solar tiles over the forecast period.
Europe is projected to be one of the fastest growing regions with a CAGR of XX% from 2018 to 2030 due high standardization and product innovation across countries like Germany, Italy, Spain & Turkey coupled with rising adoption rate of green building codes & standards across countries like Belgium UK etc., thus creating lucrative growth opportunities for global players operating within Europe region.
Growth Factors:
- Increasing demand for solar energy due to global warming and climate change
- Government initiatives and subsidies for installation of solar roofs
- Reduction in the cost of solar roof tiles with advancement in technology
- Rising awareness about the benefits of using solar energy among consumers
- Growing popularity of green buildings that use renewable sources of energy
Scope Of The Report
Report Attributes
Report Details
Report Title
Solar Roof Tiles Market Research Report
By Type
Monocrystalline Silicon Solar Roof Tiles, Polycrystalline Silicon Solar Roof Tiles, Others
By Application
High Standard Multi-Family Housing, Commercial Building, Others
By Companies
Star 8, SUNMagnet Philippines, Hanergy, Sunstyle, paXos, Nulok Roofing Systems, Tesla, Inc., SunPower Corporation, Marley Roofing, Roofing Southwest, Monier, SHINTO CO.,LTD.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global Solar Roof Tiles Market Report Segments:
The global Solar Roof Tiles market is segmented on the basis of:
Types
Monocrystalline Silicon Solar Roof Tiles, Polycrystalline Silicon Solar Roof Tiles, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
High Standard Multi-Family Housing, Commercial Building, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Star 8
- SUNMagnet Philippines
- Hanergy
- Sunstyle
- paXos
- Nulok Roofing Systems
- Tesla, Inc.
- SunPower Corporation
- Marley Roofing
- Roofing Southwest
- Monier
- SHINTO CO.,LTD.
Highlights of The Solar Roof Tiles Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Monocrystalline Silicon Solar Roof Tiles
- Polycrystalline Silicon Solar Roof Tiles
- Others
- By Application:
- High Standard Multi-Family Housing
- Commercial Building
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Solar Roof Tiles Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Solar Roof Tiles are a type of roofing tile that uses solar energy to generate electricity. Solar Roof Tiles are made from a lightweight, durable material and can be installed on any type of roof. They work like regular tiles but have small solar cells embedded in them that collect sunlight and turn it into electricity. This electricity is then used to power the tiles' LED lights or other devices.
Some of the major players in the solar roof tiles market are Star 8, SUNMagnet Philippines, Hanergy, Sunstyle, paXos, Nulok Roofing Systems, Tesla, Inc., SunPower Corporation, Marley Roofing, Roofing Southwest, Monier, SHINTO CO.,LTD..
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Solar Roof Tiles Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Solar Roof Tiles Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Solar Roof Tiles Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Solar Roof Tiles Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Solar Roof Tiles Market Size & Forecast, 2020-2028
4.5.1 Solar Roof Tiles Market Size and Y-o-Y Growth
4.5.2 Solar Roof Tiles Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Monocrystalline Silicon Solar Roof Tiles
5.2.2 Polycrystalline Silicon Solar Roof Tiles
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 High Standard Multi-Family Housing
6.2.2 Commercial Building
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Solar Roof Tiles Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Solar Roof Tiles Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Monocrystalline Silicon Solar Roof Tiles
9.6.2 Polycrystalline Silicon Solar Roof Tiles
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 High Standard Multi-Family Housing
9.10.2 Commercial Building
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Monocrystalline Silicon Solar Roof Tiles
10.6.2 Polycrystalline Silicon Solar Roof Tiles
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 High Standard Multi-Family Housing
10.10.2 Commercial Building
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Monocrystalline Silicon Solar Roof Tiles
11.6.2 Polycrystalline Silicon Solar Roof Tiles
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 High Standard Multi-Family Housing
11.10.2 Commercial Building
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Monocrystalline Silicon Solar Roof Tiles
12.6.2 Polycrystalline Silicon Solar Roof Tiles
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 High Standard Multi-Family Housing
12.10.2 Commercial Building
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Monocrystalline Silicon Solar Roof Tiles
13.6.2 Polycrystalline Silicon Solar Roof Tiles
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 High Standard Multi-Family Housing
13.10.2 Commercial Building
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Solar Roof Tiles Market: Competitive Dashboard
14.2 Global Solar Roof Tiles Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Star 8
14.3.2 SUNMagnet Philippines
14.3.3 Hanergy
14.3.4 Sunstyle
14.3.5 paXos
14.3.6 Nulok Roofing Systems
14.3.7 Tesla, Inc.
14.3.8 SunPower Corporation
14.3.9 Marley Roofing
14.3.10 Roofing Southwest
14.3.11 Monier
14.3.12 SHINTO CO.,LTD.
