Global
Solar Rooftop Market: Synopsis
The detailed report published by Market
Research Future (MRFR) projects that the global solar rooftop market is marked
to exhibit remarkable expansion at a CAGR of 20.14% during the forecast period
from 2017 to 2023. Increased utilization of renewable energy sources due to the
rapid depletion of non-renewable sources which is leading to major energy
crisis, high demand for electricity as a result of rapid industrialization and
expansion of commercial sector, increase in government initiatives for optimum
utilization of solar energy to carry out various functions in public
infrastructures and high adoption rate of solar water heaters in residential
buildings are majorly propelling the growth of the global solar rooftop market
during the assessment period.
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Segmental
Analysis
The global solar rooftop market has been
segmented on the basis of capacity, connectivity, and end-users.
Based on capacity, the global solar
rooftop market has been segmented into >10 kW, 11 kW-100 kW, and <100 kW.
Among these, the 11 kW-100 kW segment commands the major share of the global
solar rooftop market.
Based on connectivity, the global solar
rooftop market has been segmented into on-grid and off-grid.
Based on end users, the global solar
rooftop market has been segmented into residential, commercial, and industrial.
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Solar
Rooftop Market Regional Analysis
Geographically, the global solar rooftop
market has been segmented into four major regions such as Asia Pacific (APAC),
North America, Europe, and the rest of the world.
The factors such as increased utilization
of renewable energy sources due to the rapid depletion of non-renewable sources
which is leading to major energy crisis, high demand for electricity as a
result of rapid industrialization and expansion of commercial sector, increase
in government initiatives for optimum utilization of solar energy to carry out
various functions in public infrastructures and high adoption rate of solar
water heaters in residential buildings are majorly propelling the growth of the
global solar rooftop market in the Asia Pacific (APAC) region.
Key
Players
The key market players profiled by market
Research Future (MRFR) that are operating in the global solar rooftop market
are SMA Solar Technology AG (Germany), Trina Solar (China), Canadian Solar Inc.
(Canada), Yingli Green Energy Holding Company Limited (China), Jinko Solar
(China), SolarWorld AG (Germany), SunPower Corporation (the U.S.), Delta Energy
Systems (Germany), Shunfeng International Clean Energy Limited (China), Tata
Power Solar Systems Limited (India), JA Solar Holdings Co., Ltd. (China) and
ABB Ltd. (Switzerland).
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Market Research Future:
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