Market research future published a half cooked research report on Global Solar Rooftop Sales Market. The Solar Rooftop Sales Market is expected to grow over the CAGR of around 21.17% during the period 2017 to 2023
Market Highlights
Solar photovoltaic rooftop systems are widely used to produce electricity from sun light and are mounted on top of any commercial, industrial, residential or government building. Solar rooftop systems are either grid-connected of off-grid electricity generating systems. In the on-grid solar rooftop systems, the electricity is generated from solar PV rooftop which are connected to the utility grid. However, the off-grid systems generate electricity which is consumed by the connected load, and excess of power is stored in batteries to be used as and when needed. Over the past few years, the demand for solar rooftop systems is gradually rising and expecting a remarkable growth in future. Solar rooftop systems have been dominating the renewable energy market owing to its increasing demand from its end-use applications.
Solar Rooftop panels are an important part of solar panel installation. The main application of solar rooftop panel is to convert solar power into usable AC power. Solar rooftop panels enable safe and noiseless power generation, which makes them quintessential product in today's world. Rooftop solar is increasingly cost-effective for residential, commercial, and industrial sector. Reductions in technology prices, innovative financing, and growing networks of solar installers and financial partners all helped drive down the prices for rooftop solar panel systems. Currently, the global solar rooftop sales market is increasing tremendously in influence of major drivers such as commitment to develop a clean energy society, Government incentives and policy.
The Global Solar Rooftop Sales Market has been analyzed based on capacity, connectivity, end-users and regions. On the basis of capacity, the global solar Rooftop Sales system market has been segmented as >10 kW, 11 kW- 100kW and <100 kW. Based on connectivity, it is classified as, on-grid and off-grid. Based on end-users, it is further classified as residential, commercial and industrial.
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The key players of global solar rooftop sales market are SMA Solar Technology AG (Germany), Trina Solar (China), Yingli Green Energy Holding Company Limited (China), Canadian Solar Inc. (Canada), Jinko Solar (China), SolarWorld AG (Germany), SunPower Corporation (U.S.), Shunfeng International Clean Energy Limited. (China), Tata Power Solar Systems Limited (India), Delta Energy Systems (Germany), JA Solar Holdings Co., Ltd. (China) and ABB Ltd. (Switzerland).
Market Research Analysis
Asia-Pacific Region in Solar Rooftop Market is expected to grow at the fastest rate
Geographically, the market has been segmented into four major regions such as North America, Asia-Pacific, Europe and Rest of the World. Among these regions, Asia-Pacific has emerged as the leading region in terms of value and volume, followed by Europe and North America. In 2016, Asia-Pacific solar installation capacity accounted for 144.8 GW, whereas Europe and North America were accounted for 102.1 GW and 35.6 GW, respectively. In Asia-Pacific region, China and Japan are the major dominating countries, whereas, India is projected to witness significant growth in the upcoming years.
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Table of content
1 Executive Summary
2 Introduction
2.1 Definition 14
2.2 Scope Of The Study 14
2.3 Assumptions 14
2.4 Market Structure 15
3 Research Methodology
3.1 Research Process 16
3.2 Primary Research 17
3.3 Secondary Research 17
3.4 Market Size Estimation 17
3.5 Forecast Model 19
4 Market Dynamics
4.1 Drivers 21
4.2 Restraint 24
4.3 Opportunity 25
5 Market Factor Analysis
5.1 Porter's 5 Forces Analysis 26
5.1.1 Threat Of New Entrants 27
5.1.2 Bargaining Power Of Suppliers 27
5.1.3 Threat Of Substitutes 27
5.1.4 Bargaining Power Of Buyers 27
5.1.5 Segment Rivalry 27
Continue………
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