Solar Rooftop market is expected to reach USD 40.76 Billion by 2028, according to a new report by Reports and Data. A rooftop solar photovoltaic setup is a photovoltaic system that finds application in the generation of electricity from the solar panel installed on the rooftop of a commercial or residential building. The market demand is propelled by various policies and efforts undertaken by governments across the world for the installation of Rooftop Solar Photovoltaic setups to reduce the consumption of energy generated from fossil fuels which is non-renewable source of energy. Solar photovoltaic setups can share a certain percentage of the rising demand for electricity owing to rise in automation, growth in industrialization as well as rise in the living standards of the people.
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The power and energy industry is rapidly expanding in terms of revenue owing to constant demand for electricity across the globe. The global Solar Rooftop market is expected to register robust revenue CAGR between 2019 and 2028. There has been a rapid increase in the power consumption across various verticals such as manufacturing, agriculture, IT communication, healthcare, commercial and residential buildings. In addition, rapid industrialization and urbanization, increasing awareness about green energy, rising adoption of smart homes and smart buildings and increasing investments in development sustainable products are fueling market growth.
Competitive Landscape:
The report sheds light on details about every market player in the global Solar Rooftop market along with its global status, product portfolio financial standing, business expansion plan and license agreement. The key players in the market are adopting various key strategies such as mergers and acquisitions, partnerships, joint ventures, collaborations and product launches to strengthen their market position and enhance their product base. Top companies operating in the global Solar Rooftop market include: Sunpower Corporation, Yingli green Energy holding, Suntech Power holding, Canadian Solar, Sharp Solar, Trina Solar, Solar World, Schott Solar and others.
Key questions addressed in the global Solar Rooftop market report:
- What is the expected market size of the global Solar Rooftop market during the forecast period?
- What are the key restraints that are expected to hamper overall market growth between 2019 and 2028?
- What key factors are expected to boost global Solar Rooftop market revenue growth throughout the forecast period?
- Which regional market is projected to account for largest revenue share over the forecast period?
- Which regional market revenue is expected to expand at rapid CAGR during the forecast period?
- Which key players are operating in the global Solar Rooftop market?
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The report also offers details about each segment and major regions covered in the global Solar Rooftop market.
Global Solar Rooftop market segmentation:
Type Outlook:
- Crystalline Silicon
- Thin Film
Application Outlook:
- Residential
- Non-Residential
Regional Outlook:
- North America
- S.
- Canada
- Mexico
- Europe
- Russia
- K.
- Germany
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- A.E.
- Israel
- Rest of MEA
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