Global
Solar Rooftop Sales Market: Synopsis
The detailed
report published by Market Research Future (MRFR) projects that the Solar
Rooftop Sales 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 Sales Market during the assessment period.
Solar
Rooftop Sales Market: 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 Sales 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 Sales Market.
Based
on connectivity, the global Solar Rooftop Sales Market has been segmented into
on-grid and off-grid.
Based
on end users, the global Solar Rooftop Sales Market has been segmented into
residential, commercial, and industrial.
Global
Solar Rooftop Sales 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 Asia Pacific
region commanded the major share of 50 percent in the global Solar Rooftop Sales Market during the year 2016. The Solar
Rooftop Sales Market in this region is also anticipated to expand at the
fastest growth rate during the assessment period of 2017-2023. 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 Sales Market in the Asia Pacific (APAC) region. Rapid adoption of innovative solutions as alternatives for non-renewable energy sources and high demand for
energy due to rapid industrialization, urbanization, and rise in population are fueling the growth of the global Solar
Rooftop Sales Market in the North America region.
Key Players
The key market
players profiled by market Research Future (MRFR) that are operating in the
global Solar Rooftop Sales 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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