Rooftop Solar Photovoltaic (PV) Market size to Reach USD 115.85 billion by 2028.
Market Analysis and Insights : Global Rooftop Solar Photovoltaic (PV) Market
Rooftop solar photovoltaic (PV) market will reach at an estimated value of USD 115.85 billion and grow at a rate of 6.20% for the forecast period of 2021 to 2028. Increasing deployment of renewable energy for electricity generation along with abundant availability of solar energy during the day is a vital factor driving the growth of rooftop solar photovoltaic (PV) market.
Rooftop solar PV installation is a type of an electrical installation which converts solar energy into electricity. Rooftop solar PV systems are distributed power generation systems, that helps to meet buildings energy needs by provide electricity within an existing distribution network. The rooftop PV (RTPV) systems are very small in size and are installed on rooftop residential and commercial buildings.
Growing demand for rooftop solar among residential applications is the vital factor escalating the market growth, also rising demand across the private and public sectors for green electricity, rising decline in the cost of rooftop solar PVs, and robust federal policies such as solar investment tax credit, rising awareness for the use of solar energy across the globe, increasing shift toward clean, reliable, affordable electricity and rising rapid proliferation of solar panels mounted on the roofs of homes and businesses are the major factors among others driving the rooftop solar photovoltaic (PV) market.
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Global Rooftop Solar Photovoltaic (PV) Market Scope and Market Size
Rooftop solar photovoltaic (PV) market is segmented on the basis of technology, grid type, end-use and deployment. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
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Competitive Landscape and Rooftop Solar Photovoltaic (PV) Market Share Analysis
Rooftop solar photovoltaic (PV) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to rooftop solar photovoltaic (PV) market.
The major players covered in the rooftop solar photovoltaic (PV) market report are JA SOLAR Technology Co.,Ltd., SunPower Corporation, AGC Glass Europe, Nippon Sheet Glass Co., Ltd., HeckerGlastechnik GmbH & Co. KG, Euroglas, Emmvee Toughened Glass Private Limited, F solar GmbH, Taiwan Glass Ind. Corp, Xinyi Solar Holdings Ltd, Sisecam Flat Glass, Guardian Glass, Saint-Gobain Solar, Flat Glass Co., Ltd, Guangdong Golden Glass Technologies, Henan HuameiCinda Industrial Co., Ltd. and Interfloat Corporation among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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