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Rooftop Solar Photovoltaic Market Size, Share, Trends, Growth Outlook

Rooftop Solar Photovoltaic Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030- By Application (Residential, Non-residential), Technology (Thin Film, Crystalline), Grid (On-Grid (Centralized, Decentralized), Off-Grid), Countries and Companies Report

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  • |Published Month : November, 2024
  • |No. of Pages : 193

The global Rooftop Solar Photovoltaic Market Size is estimated to increase at a CAGR of 18.2% during the forecast period from 2024 to 2030.

 

The Rooftop Solar Photovoltaic Market research report provides a detailed analysis of diverse segments across 6 regions and 25 countries including Application (Residential, Non-residential), Technology (Thin Film, Crystalline), Grid (On-Grid (Centralized, Decentralized), Off-Grid).



An Introduction to Rooftop Solar Photovoltaic Markets in 2024

Productivity, technology enablement, and sustainability remain the key market-driving forces in the global Rooftop Solar Photovoltaic industry landscape. Companies that invest in that supply chain and operational resiliency are poised to gain a competitive edge over other market players. The global energy investments are set to increase from around $1,652 Billion in 2024 to $2845 Billion in 2040. As the world is making steady progress towards net zero, energy security, affordability, and industrial competitiveness remain key focus areas of most Rooftop Solar Photovoltaic companies. The Rooftop Solar Photovoltaic demand trajectory varies based on multiple scenarios, from macroeconomic conditions, regulatory support, investment scenarios, and the global landscape. Decision makers across the Rooftop Solar Photovoltaic industry value chain formulating long-term transition strategies with a diverse range of future scenarios are likely to stay ahead of the competition curve.

 

Rooftop Solar Photovoltaic Market Trends:

In the rooftop solar photovoltaic market, there's a trend towards decentralized solar power generation on residential and commercial rooftops. Innovations in solar leasing models, integrated PV systems, and building-integrated photovoltaics (BIPV) are prevalent trends. Additionally, the adoption of rooftop solar for self-consumption, net metering, and energy independence is gaining traction. Moreover, advancements in module aesthetics, installation techniques, and energy management solutions are shaping the market.

 

Rooftop Solar Photovoltaic Market Drivers:

Key drivers stimulating the rooftop solar photovoltaic market include the desire for energy self-sufficiency, electricity cost savings, and environmental consciousness. Rooftop solar offers advantages such as reduced utility bills, lower carbon footprint, and potential income from excess electricity generation, driving its adoption among homeowners and businesses. Moreover, technological advancements in PV efficiency, smart inverters, and storage integration contribute significantly to market growth.

 

Rooftop Solar Photovoltaic Market Opportunities:

Opportunities in the rooftop solar photovoltaic market lie in expanding distributed solar capacity and promoting rooftop PV adoption. Collaboration among solar installers, financing entities, and regulatory bodies offers significant growth prospects. Moreover, investing in research and development for innovative rooftop solar designs, streamlined installation processes, and community solar models can unlock new avenues for market expansion. Exploring emerging markets with conducive rooftop solar policies and promoting the benefits of rooftop PV for energy independence and reduced electricity costs can further drive market growth and facilitate widespread adoption.

 

Rooftop Solar Photovoltaic Market Segmentation

Rooftop Solar Photovoltaic systems involve the installation of solar panels on rooftops of buildings or residences. These systems convert sunlight into electricity using photovoltaic cells, offering decentralized and on-site renewable energy generation.

By Application

  • Residential
  • Non-residential


By Technology

  • Thin Film
  • Crystalline


By Grid

  • On-Grid

o Centralized
o Decentralized

  • Off-Grid

 

By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 


Rooftop Solar Photovoltaic Market Companies

• Canadian Solar Inc.
• First Solar, Inc.
• JA Solar Holdings Co., Ltd.
• JinkoSolar Holding Co., Ltd.
• Kyocera Corporation
• Schott Solar AG
• Sharp Corporation
• SolarWorld AG
• Solimpeks Corporation
• SunPower Corporation
• Trina Solar Limited
• Wuxi Suntech Power Co., Ltd.
• Yingli Green Energy Holding Company Limited

 

*List not exhausutive

 

Reasons to Buy the Rooftop Solar Photovoltaic Market Study

• Deepen your industry insights and navigate uncertainties for strategy formulation, CAPEX, and Operational decisions
• Gain access to detailed insights on the Rooftop Solar Photovoltaic market, encompassing current market size, growth trends, and forecasts till 2030.
• Access detailed competitor analysis, enabling competitive advantage through a thorough understanding of market players, strategies, and potential differentiation opportunities
• Stay ahead of the curve with insights on technological advancements, innovations, and upcoming trends
• Identify lucrative investment avenues and expansion opportunities within the Rooftop Solar Photovoltaic industry, guided by robust, data-backed analysis.
• Understand regional and global markets through country-wise analysis, regional market potential, regulatory nuances, and dynamics
• Execute strategies with confidence and speed through information, analytics, and insights on the industry value chain
• Corporate leaders, strategists, financial experts, shareholders, asset managers, and governmental representatives can make long-term planning scenarios and build an integrated and timely understanding of market dynamics
• Benefit from tailored solutions and expert consultation based on report insights, providing personalized strategies aligned with specific business needs.

TABLE OF CONTENTS

1 INTRODUCTION TO 2024 Rooftop Solar Photovoltaic MARKETS
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Analyzed
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain

2 RESEARCH METHODOLOGY
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations

3 EXECUTIVE SUMMARY
3.1 Global Rooftop Solar Photovoltaic Market Size Outlook, $ Million, 2021 to 2030
3.2 Rooftop Solar Photovoltaic Market Outlook by Type, $ Million, 2021 to 2030
3.3 Rooftop Solar Photovoltaic Market Outlook by Product, $ Million, 2021 to 2030
3.4 Rooftop Solar Photovoltaic Market Outlook by Application, $ Million, 2021 to 2030
3.5 Rooftop Solar Photovoltaic Market Outlook by Key Countries, $ Million, 2021 to 2030

4 MARKET DYNAMICS
4.1 Key Driving Forces of Rooftop Solar Photovoltaic Industry
4.2 Key Market Trends in Rooftop Solar Photovoltaic Industry
4.3 Potential Opportunities in Rooftop Solar Photovoltaic Industry
4.4 Key Challenges in Rooftop Solar Photovoltaic Industry
5 MARKET FACTOR ANALYSIS
5.1 Competitive Landscape
5.1.1 Global Rooftop Solar Photovoltaic Market Share by Company
5.1.2 Product Offerings by Company
5.2 Porter’s Five Forces Analysis

6 GROWTH OUTLOOK ACROSS SCENARIOS
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts

7 GLOBAL Rooftop Solar Photovoltaic MARKET OUTLOOK BY SEGMENTS
7.1 Rooftop Solar Photovoltaic Market Outlook by Segments
Application
- Residential
- Non-residential

Technology
- Thin Film
- Crystalline

Grid
- On-Grid
o Centralized
o Decentralized
- Off-Grid


8 NORTH AMERICA Rooftop Solar Photovoltaic MARKET ANALYSIS AND OUTLOOK TO 2030
8.1 Introduction to North America Rooftop Solar Photovoltaic Markets in 2024
8.2 North America Rooftop Solar Photovoltaic Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Rooftop Solar Photovoltaic Market size Outlook by Segments, 2021-2030
Application
- Residential
- Non-residential

Technology
- Thin Film
- Crystalline

Grid
- On-Grid
o Centralized
o Decentralized
- Off-Grid


9 EUROPE Rooftop Solar Photovoltaic MARKET ANALYSIS AND OUTLOOK TO 2030
9.1 Introduction to Europe Rooftop Solar Photovoltaic Markets in 2024
9.2 Europe Rooftop Solar Photovoltaic Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Rooftop Solar Photovoltaic Market size Outlook by Segments, 2021-2030
Application
- Residential
- Non-residential

Technology
- Thin Film
- Crystalline

Grid
- On-Grid
o Centralized
o Decentralized
- Off-Grid


10 ASIA PACIFIC Rooftop Solar Photovoltaic MARKET ANALYSIS AND OUTLOOK TO 2030
10.1 Introduction to Asia Pacific Rooftop Solar Photovoltaic Markets in 2024
10.2 Asia Pacific Rooftop Solar Photovoltaic Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Rooftop Solar Photovoltaic Market size Outlook by Segments, 2021-2030
Application
- Residential
- Non-residential

Technology
- Thin Film
- Crystalline

Grid
- On-Grid
o Centralized
o Decentralized
- Off-Grid


11 SOUTH AMERICA Rooftop Solar Photovoltaic MARKET ANALYSIS AND OUTLOOK TO 2030
11.1 Introduction to South America Rooftop Solar Photovoltaic Markets in 2024
11.2 South America Rooftop Solar Photovoltaic Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Rooftop Solar Photovoltaic Market size Outlook by Segments, 2021-2030
Application
- Residential
- Non-residential

Technology
- Thin Film
- Crystalline

Grid
- On-Grid
o Centralized
o Decentralized
- Off-Grid


12 MIDDLE EAST AND AFRICA Rooftop Solar Photovoltaic MARKET ANALYSIS AND OUTLOOK TO 2030
12.1 Introduction to Middle East and Africa Rooftop Solar Photovoltaic Markets in 2024
12.2 Middle East and Africa Rooftop Solar Photovoltaic Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Rooftop Solar Photovoltaic Market size Outlook by Segments, 2021-2030
Application
- Residential
- Non-residential

Technology
- Thin Film
- Crystalline

Grid
- On-Grid
o Centralized
o Decentralized
- Off-Grid


13 COMPANY PROFILES
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
List of Companies
- Canadian Solar Inc.
- First Solar, Inc.
- JA Solar Holdings Co., Ltd.
- JinkoSolar Holding Co., Ltd.
- Kyocera Corporation
- Schott Solar AG
- Sharp Corporation
- SolarWorld AG
- Solimpeks Corporation
- SunPower Corporation
- Trina Solar Limited
- Wuxi Suntech Power Co., Ltd.
- Yingli Green Energy Holding Company Limited


14 APPENDIX
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise

Rooftop Solar Photovoltaic Market Segmentation

Rooftop Solar Photovoltaic systems involve the installation of solar panels on rooftops of buildings or residences. These systems convert sunlight into electricity using photovoltaic cells, offering decentralized and on-site renewable energy generation.

By Application

  • Residential
  • Non-residential


By Technology

  • Thin Film
  • Crystalline


By Grid

  • On-Grid

o Centralized
o Decentralized

  • Off-Grid

 

By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

Frequently Asked Questions