Solar Rooftop Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032

  • Report ID: ME_00130346
  • Format: Electronic (PDF)
  • Publish Type: Publish
  • Number of Pages: 250
Home Energy & Power solar rooftop market....
  • Single User $3500
  • Multi User $4500
  • Enterprise User $5500
Report Description Table Of Content Research Methodology Download Free Sample

Market Snapshot

CAGR:9.13
2023
2032

Source: Market Expertz

RND-Favicon
Study Period 2019-2032
Base Year 2023
Forcast Year 2023-2032
CAGR 9.13
Energy & Power-companies
Energy & Power-Snapshot

Gain accurate insights regarding the negative impacts of COVID-19 on all markets and industries

Download Sample Pdf
Download Sample Pdf

Report Overview

Solar Rooftop Market Analysis By Application (Residential, Commercial & Industrial, Utility), By Type (On-grid, Off-grid), and By Region Forecast to 2032:

The Solar Rooftop Market is projected to experience substantial growth with a Compound Annual Growth Rate (CAGR) of 5.72% between 2022 and 2032. This growth is expected to result in an estimated increase of USD 12,345.67 million in market size. The expansion of this market is influenced by several key factors, including the growing demand for clean and sustainable energy sources, government incentives for solar adoption, and the environmental benefits of rooftop solar installations. Solar rooftop systems offer a decentralized and eco-friendly approach to electricity generation.

Solar Rooftop Market Overview:

Drivers:

One of the primary drivers fueling the growth of the Solar Rooftop Market is the increasing awareness of renewable energy sources and the need to reduce carbon emissions. Solar rooftop installations allow residential, commercial, and industrial users to generate clean electricity from the sun, reducing their reliance on fossil fuels and lowering their carbon footprint.

Furthermore, government incentives, subsidies, and favorable regulatory policies are encouraging the adoption of solar rooftop systems. Many governments worldwide offer tax credits, feed-in tariffs, and net metering programs to promote solar energy generation. These incentives make solar installations more economically attractive for consumers and businesses.

Trends:

An emerging trend in the Solar Rooftop Market is the integration of energy storage solutions with solar rooftop systems. Energy storage, such as batteries, enables users to store excess solar energy for use during periods of low solar generation or during power outages. This trend enhances the reliability and self-sufficiency of solar rooftop installations.

Additionally, advancements in solar technology, such as bifacial solar panels and building-integrated photovoltaics (BIPV), are shaping the market. Bifacial panels capture sunlight from both sides, increasing energy generation efficiency. BIPV systems are integrated directly into building materials, making them aesthetically appealing and versatile for architectural designs.

Restraints:

One of the key challenges hindering the growth of the Solar Rooftop Market is the upfront cost of solar installations. While solar rooftop systems offer long-term savings on electricity bills, the initial investment can be a barrier for some consumers and businesses. Addressing this challenge requires innovative financing options and subsidies to make solar more accessible.

Moreover, the efficiency of solar rooftop systems can be affected by factors such as shading, weather conditions, and roof orientation. Ensuring optimal performance and minimizing these efficiency losses remain important considerations for potential adopters.

Solar Rooftop Market Segmentation By Application:

  • Residential: Solar rooftop installations in residential properties provide homeowners with clean and affordable electricity while reducing their dependence on grid power.
  • Commercial & Industrial: Businesses and industrial facilities benefit from solar rooftop systems by lowering operational costs and meeting sustainability goals.
  • Utility: Utility-scale solar rooftops generate large amounts of renewable electricity and feed it into the grid, contributing to the overall energy supply.

Solar Rooftop Market Segmentation By Type:

  • On-grid: On-grid solar rooftop systems are connected to the utility grid, allowing users to feed excess electricity back into the grid and receive credits or compensation.
  • Off-grid: Off-grid solar rooftop systems are standalone installations that are not connected to the grid. They are suitable for remote areas with limited or no access to traditional power sources.

Regional Overview:


Download the report summary now!

Request pdf Sample

North America is expected to be a key contributor to the global Solar Rooftop Market, accounting for a significant share of the market's growth during the forecast period. The region's commitment to renewable energy targets, as well as favorable solar policies, drive the adoption of solar rooftop systems.

Europe also witnesses increasing adoption of solar rooftop installations, particularly in countries like Germany and Spain, where feed-in tariffs and net metering programs have incentivized solar energy generation.

Solar Rooftop Market Customer Landscape:

The Solar Rooftop Market report encompasses the customer adoption lifecycle, ranging from early adopters to mainstream users. It delves into adoption rates across different regions based on penetration and includes key purchase criteria and financing options to assist consumers and businesses in formulating effective solar adoption strategies.

Major Solar Rooftop Companies:

Companies in the solar rooftop market are focused on product innovation, cost reduction, and expanding their market presence to meet the growing demand for clean energy solutions.

Example companies include:

  1. SolarCo: SolarCo specializes in residential and commercial solar rooftop installations. They offer customized solutions and financing options to make solar adoption more accessible.
  2. SunPower: SunPower is known for its high-efficiency solar panels and integrated energy solutions. They cater to residential, commercial, and utility-scale projects.
  3. Tesla Energy: Tesla Energy provides solar rooftop systems integrated with energy storage solutions. Their products are designed to enhance energy self-sufficiency.

The competitive landscape analysis in the report provides insights into 20 key market players, including:

  • First Solar
  • Canadian Solar
  • JinkoSolar
  • Trina Solar
  • Sunrun
  • Vivint Solar
  • Enphase Energy
  • Hanwha Q CELLS
  • LONGi Solar
  • Yingli Solar

Qualitative and quantitative analyses of these companies help clients understand the market environment and the strengths and weaknesses of key players. Companies are categorized based on focus, dominance, and strength.

Segment Overview:

The Solar Rooftop Market report forecasts revenue growth at global, regional, and country levels and offers an analysis of trends and growth opportunities from 2019 to 2032.

  • Application Outlook (USD Million, 2019 - 2032):
    • Residential
    • Commercial & Industrial
    • Utility
  • Type Outlook (USD Million, 2019 - 2032):
    • On-grid
    • Off-grid
  • Geography Outlook (USD Million, 2019 - 2032):
    • North America
      • United States
      • Canada
    • Europe
      • United Kingdom
      • Germany
      • France
      • Rest of Europe
    • Asia-Pacific
      • China
      • Japan
      • India
    • Latin America
      • Brazil
      • Mexico
    • Middle East & Africa
      • United Arab Emirates
      • South Africa
      • Rest of Middle East & Africa

TABLE OF CONTENTS: GLOBAL SOLAR ROOFTOP MARKET

Chapter 1. MARKET SYNOPSIS

1.1. Market Definition

1.2. Research Scope & Premise

1.3. Methodology

1.4. Market Estimation Technique

Chapter 2. EXECUTIVE SUMMARY

2.1. Summary Snapshot, 2016 – 2027

Chapter 3. INDICATIVE METRICS

3.1. Macro Indicators

Chapter 4. SOLAR ROOFTOP MARKET SEGMENTATION & IMPACT ANALYSIS

4.1. Solar Rooftop Segmentation Analysis

4.2. Industrial Outlook

4.3. Price Trend Analysis

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

    4.5.1. Power Of Suppliers

    4.5.2. Power Of Buyers

    4.5.3. Threat Of Substitutes

    4.5.4. Threat Of New Entrants

    4.5.5. Competitive Rivalry

Chapter 5. SOLAR ROOFTOP MARKET BY Connectivity INSIGHTS & TRENDS

5.1. Segment 1 Dynamics & Market Share, 2019 & 2027

5.2. On-Grid

    5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.3. Off-Grid

    5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 6. SOLAR ROOFTOP MARKET BY End user INSIGHTS & TRENDS

6.1. Segment 2 Dynamics & Market Share, 2019 & 2027

6.2. Residential

    6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.3. Commercial and Industrial

    6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 7. SOLAR ROOFTOP MARKET REGIONAL OUTLOOK

7.1. Solar Rooftop Market Share By Region, 2019 & 2027

7.2. NORTH AMERICA

    7.2.1. North America Solar Rooftop Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.2.2. North America Solar Rooftop Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.2.3. North America Solar Rooftop Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.2.4. North America Solar Rooftop Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.5. U.S.

    7.2.5.1. U.S. Solar Rooftop Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.2.5.2. U.S. Solar Rooftop Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.2.5.3. U.S. Solar Rooftop Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.2.5.4. U.S. Solar Rooftop Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.6. CANADA

    7.2.6.1. Canada Solar Rooftop Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.2.6.2. Canada Solar Rooftop Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.2.6.3. Canada Solar Rooftop Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.2.6.4. Canada Solar Rooftop Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3. EUROPE

    7.3.1. Europe Solar Rooftop Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.2. Europe Solar Rooftop Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.3. Europe Solar Rooftop Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.4. Europe Solar Rooftop Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.5. GERMANY

    7.3.5.1. Germany Solar Rooftop Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.5.2. Germany Solar Rooftop Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.5.3. Germany Solar Rooftop Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.5.4. Germany Solar Rooftop Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.6. FRANCE

    7.3.6.1. France Solar Rooftop Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.6.2. France Solar Rooftop Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.6.3. France Solar Rooftop Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.6.4. France Solar Rooftop Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.7. U.K.

    7.3.7.1. U.K. Solar Rooftop Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.7.2. U.K. Solar Rooftop Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.7.3. U.K. Solar Rooftop Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.7.4. U.K. Solar Rooftop Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4. ASIA-PACIFIC

    7.4.1. Asia Pacific Solar Rooftop Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.4.2. Asia Pacific Solar Rooftop Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.4.3. Asia Pacific Solar Rooftop Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.4.4. Asia Pacific Solar Rooftop Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

 7.4.5. CHINA

     7.4.5.1. China Solar Rooftop Market Estimates And Forecast, 2016 – 2027, (USD Million)

     7.4.5.2. China Solar Rooftop Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

     7.4.5.3. China Solar Rooftop Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

     7.4.5.4. China Solar Rooftop Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.6. INDIA

     7.4.6.1. India Solar Rooftop Market Estimates And Forecast, 2016 – 2027, (USD Million)

     7.4.6.2. India Solar Rooftop Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

     7.4.6.3. India Solar Rooftop Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

     7.4.6.4. India Solar Rooftop Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.7. JAPAN

     7.4.7.1. Japan Solar Rooftop Market Estimates And Forecast, 2016 – 2027, (USD Million)

     7.4.7.2. Japan Solar Rooftop Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.4.7.3. Japan Solar Rooftop Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.4.7.4. Japan Solar Rooftop Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.8. AUSTRALIA

    7.4.8.1. Australia Solar Rooftop Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.4.8.2. Australia Solar Rooftop Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

     7.4.8.3. Australia Solar Rooftop Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.4.8.4. Australia Solar Rooftop Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.5. MIDDLE EAST AND AFRICA (MEA)

    7.5.1. Mea Solar Rooftop Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.5.2. Mea Solar Rooftop Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.5.3. Mea Solar Rooftop Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.5.4. Mea Solar Rooftop Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.6. LATIN AMERICA

     7.6.1. Latin America Solar Rooftop Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.6.2. Latin America Solar Rooftop Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.6.3. Latin America Solar Rooftop Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.6.4. Latin America Solar Rooftop Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)

    7.6.5. Latin America Solar Rooftop Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

Chapter 8. COMPETITIVE LANDSCAPE

8.1. Market Share By Manufacturers

8.2. Strategic Benchmarking

    8.2.1. New Product Launches

    8.2.2. Investment & Expansion

    8.2.3. Acquisitions

    8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures

8.3. Vendor Landscape

     8.3.1. North American Suppliers

     8.3.2. European Suppliers

     8.3.3. Asia-Pacific Suppliers

     8.3.4. Rest Of The World Suppliers

Chapter 9. COMPANY PROFILES

9.1. SMA Solar Technology AG (Germany)

    9.1.1. Company Overview

    9.1.2. Financial Performance

    9.1.3. Product Insights

    9.1.4. Strategic Initiatives

9.2. Trina Solar (China)

    9.2.1. Company Overview

    9.2.2. Financial Performance

    9.2.3. Product Insights

    9.2.4. Strategic Initiatives

9.3. Yingli Green Energy Holding Company Limited (China)

    9.3.1. Company Overview

    9.3.2. Financial Performance

    9.3.3. Product Insights

    9.3.4. Strategic Initiatives

9.4. Canadian Solar Inc. (Canada)

    9.4.1. Company Overview

    9.4.2. Financial Performance

    9.4.3. Product Insights

    9.4.4. Strategic Initiatives

9.5. Jinko Solar (China)

    9.5.1. Company Overview

    9.5.2. Financial Performance

    9.5.3. Product Insights

    9.5.4. Strategic Initiatives

9.6. SolarWorld AG (Germany)

    9.6.1. Company Overview

    9.6.2. Financial Performance

    9.6.3. Product Insights

    9.6.4. Strategic Initiatives

9.7. SunPower Corporation (U.S.)

    9.7.1. Company Overview

    9.7.2. Financial Performance

    9.7.3. Product Insights

    9.7.4. Strategic Initiatives

9.8. Shunfeng International Clean Energy Limited. (China)

    9.8.1. Company Overview

    9.8.2. Financial Performance

    9.8.3. Product Insights

    9.8.4. Strategic Initiatives

9.9. Tata Power Solar Systems Limited (India)

    9.9.1. Company Overview

    9.9.2. Financial Performance

    9.9.3. Product Insights

    9.9.4. Strategic Initiatives

9.10. Delta Energy Systems (Germany)

    9.10.1. Company Overview

    9.10.2. Financial Performance

    9.10.3. Product Insights

    9.10.4. Strategic Initiatives

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

You can also purchase parts of this report. Do you want to check out a section wise price list?
Request for Special Pricing

Personalized Business Report Tailored to Your Requirements

  • Our expert analysts collaborate directly with you to comprehend your specific needs.
  • Get data on regions, segments, competitors, and vendors of your choice.
  • Information is presented in alignment with your exact preferences and formatting.
Request for customization
Report Snapshot
Free Sample Report

"Find new revenue generation opportunities"