The global rooftop solar photovoltaic market is expected to grow at a CAGR of 12.2% during the forecast period, from 2021 to 2030. The growth of this market is driven by the increasing demand for renewable energy sources and government initiatives for promoting renewable energy sources. The residential segment accounted for the largest share in the global rooftop solar photovoltaic market in 2018, followed by non-residential segment. North America was the leading region in terms of revenue contribution in 2018, followed by Europe and Asia Pacific.
Rooftop solar photovoltaic (PV) is a type of solar energy system that generates electricity from sunlight. It consists of solar panels, an inverter, and mounting structures. The panels are installed on the roof or ground-mounted on a pole or other support structure.
Solar thermal systems use the sun's heat to produce hot water for homes and businesses. They can be used in conjunction with other renewable energy sources such as wind power, biomass, geothermal power and hydroelectricity to provide a more reliable supply of electricity than just one source alone.
- The cost of solar panels has decreased significantly in recent years, making it more affordable for homeowners to install rooftop solar photovoltaic systems.
- The federal government offers a 30% tax credit for the installation of a residential rooftop solar photovoltaic system, which can be applied to the homeowner's income taxes.
- Solar power is becoming more popular as an alternative energy source because it is renewable and does not produce any emissions or greenhouse gases that contribute to climate change.
- As the price of fossil fuels continues to rise, people are looking for alternatives that are cheaper and cleaner than traditional sources of energy such as coal and natural gas; this has led many homeowners to consider installing rooftop solar photovoltaic systems on their homes in order to save money on their electricity bills while also reducing their carbon footprint by using clean energy sources instead of fossil fuels like coal and natural gas which release harmful emissions into the atmosphere when they are burned for fuel.
- Many states have adopted net metering policies that allow homeowners with rooftop solar photovoltaic systems installed on their homes to sell excess electricity back into the grid at retail rates; this provides an incentive for homeowners who want to install these types of systems because they will be able to recoup some or all of their investment over time.
Industry Growth Insights published a new data on “Rooftop Solar Photovoltaic Market”. The research report is titled “Rooftop Solar Photovoltaic Market research by Types (Thin Film, Crystalline Silicon), By Applications (Non-residential, Residential), By Players/Companies Yingli Green Energy Holding Co. Ltd, Sun Power Corporation, Schott Solar AG, First Solar Inc, Canadian Solar Inc, Solar World AG, Sharp Corporation, Jinko Solar Holding Company Ltd, Suntech Power Holding Co. Ltd, Trina Solar Ltd”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Rooftop Solar Photovoltaic Market Research Report
By Type
Thin Film, Crystalline Silicon
By Application
Non-residential, Residential
By Companies
Yingli Green Energy Holding Co. Ltd, Sun Power Corporation, Schott Solar AG, First Solar Inc, Canadian Solar Inc, Solar World AG, Sharp Corporation, Jinko Solar Holding Company Ltd, Suntech Power Holding Co. Ltd, Trina Solar 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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Rooftop Solar Photovoltaic Market Report Segments:
The global Rooftop Solar Photovoltaic market is segmented on the basis of:
Types
Thin Film, Crystalline Silicon
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
Non-residential, Residential
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:
- Yingli Green Energy Holding Co. Ltd
- Sun Power Corporation
- Schott Solar AG
- First Solar Inc
- Canadian Solar Inc
- Solar World AG
- Sharp Corporation
- Jinko Solar Holding Company Ltd
- Suntech Power Holding Co. Ltd
- Trina Solar Ltd
Highlights of The Rooftop Solar Photovoltaic 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:
- Thin Film
- Crystalline Silicon
- By Application:
- Non-residential
- Residential
- 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 Rooftop Solar Photovoltaic 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?
Rooftop solar photovoltaic is a type of solar energy that is generated from the sun's rays that strike the rooftop of a building. This type of solar energy can be used to power homes and businesses, and it has many benefits over other forms of energy. Rooftop solar photovoltaic systems are usually smaller than traditional systems, which makes them more affordable, and they can be installed quickly.
Some of the key players operating in the rooftop solar photovoltaic market are Yingli Green Energy Holding Co. Ltd, Sun Power Corporation, Schott Solar AG, First Solar Inc, Canadian Solar Inc, Solar World AG, Sharp Corporation, Jinko Solar Holding Company Ltd, Suntech Power Holding Co. Ltd, Trina Solar Ltd.
The rooftop solar photovoltaic market is expected to register a CAGR of 12.2%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Rooftop Solar Photovoltaic Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Rooftop Solar Photovoltaic Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Rooftop Solar Photovoltaic Market - Supply Chain
4.5. Global Rooftop Solar Photovoltaic Market Forecast
4.5.1. Rooftop Solar Photovoltaic Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Rooftop Solar Photovoltaic Market Size (000 Units) and Y-o-Y Growth
4.5.3. Rooftop Solar Photovoltaic Market Absolute $ Opportunity
5. Global Rooftop Solar Photovoltaic Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Rooftop Solar Photovoltaic Market Size and Volume Forecast by Type
5.3.1. Thin Film
5.3.2. Crystalline Silicon
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Rooftop Solar Photovoltaic Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Rooftop Solar Photovoltaic Market Size and Volume Forecast by Application
6.3.1. Non-residential
6.3.2. Residential
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Rooftop Solar Photovoltaic Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Rooftop Solar Photovoltaic Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Rooftop Solar Photovoltaic Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Rooftop Solar Photovoltaic Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Rooftop Solar Photovoltaic Demand Share Forecast, 2019-2026
9. North America Rooftop Solar Photovoltaic Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Rooftop Solar Photovoltaic Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Rooftop Solar Photovoltaic Market Size and Volume Forecast by Application
9.4.1. Non-residential
9.4.2. Residential
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Rooftop Solar Photovoltaic Market Size and Volume Forecast by Type
9.7.1. Thin Film
9.7.2. Crystalline Silicon
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Rooftop Solar Photovoltaic Demand Share Forecast, 2019-2026
10. Latin America Rooftop Solar Photovoltaic Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Rooftop Solar Photovoltaic Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Rooftop Solar Photovoltaic Market Size and Volume Forecast by Application
10.4.1. Non-residential
10.4.2. Residential
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Rooftop Solar Photovoltaic Market Size and Volume Forecast by Type
10.7.1. Thin Film
10.7.2. Crystalline Silicon
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Rooftop Solar Photovoltaic Demand Share Forecast, 2019-2026
11. Europe Rooftop Solar Photovoltaic Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Rooftop Solar Photovoltaic Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Rooftop Solar Photovoltaic Market Size and Volume Forecast by Application
11.4.1. Non-residential
11.4.2. Residential
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Rooftop Solar Photovoltaic Market Size and Volume Forecast by Type
11.7.1. Thin Film
11.7.2. Crystalline Silicon
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Rooftop Solar Photovoltaic Demand Share, 2019-2026
12. Asia Pacific Rooftop Solar Photovoltaic Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Rooftop Solar Photovoltaic Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Rooftop Solar Photovoltaic Market Size and Volume Forecast by Application
12.4.1. Non-residential
12.4.2. Residential
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Rooftop Solar Photovoltaic Market Size and Volume Forecast by Type
12.7.1. Thin Film
12.7.2. Crystalline Silicon
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Rooftop Solar Photovoltaic Demand Share, 2019-2026
13. Middle East & Africa Rooftop Solar Photovoltaic Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Rooftop Solar Photovoltaic Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Rooftop Solar Photovoltaic Market Size and Volume Forecast by Application
13.4.1. Non-residential
13.4.2. Residential
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Rooftop Solar Photovoltaic Market Size and Volume Forecast by Type
13.7.1. Thin Film
13.7.2. Crystalline Silicon
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Rooftop Solar Photovoltaic Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Rooftop Solar Photovoltaic Market: Market Share Analysis
14.2. Rooftop Solar Photovoltaic Distributors and Customers
14.3. Rooftop Solar Photovoltaic Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Yingli Green Energy Holding Co. Ltd
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sun Power Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Schott Solar AG
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. First Solar Inc
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Canadian Solar Inc
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Solar World AG
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sharp Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Jinko Solar Holding Company Ltd
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Suntech Power Holding Co. Ltd
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Trina Solar Ltd
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
