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Solar Roofing-Global Market Insights and Sales Trends 2024
Synopsis
Solar Roofings are solar panels designed to look like and function as conventional roofing materials, such as asphalt shingle or slate, while also producing electricity.
The global Solar Roofing market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Solar Roofing in various end use industries. The expanding demands from the Commercial, Industrial, Residential and Energy Consumers, are propelling Solar Roofing market. On-Grid Type, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Off- Grid Type segment is estimated at % CAGR for the next seven-year period.
It is expected that global demand for photovoltaic products will remain high in the next few years. According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW. According to the data of China Photovoltaic Industry Association, the global newly installed photovoltaic capacity in 2022 is about 230 GW, and this number in 2023 is predicted to be 280-330 GW. According to the data of the Ministry of Industry and Information Technology, the total output value of China's photovoltaic industry exceeded 1.4 trillion yuan in 2022. From the perspective of production value, mainland China is still the global center of the PV industry. According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%. Among them, the production capacity of silicon wafers, solar cells, and components accounts for as high as 98%, 85% and 77%, respectively. According to the data released by the European Photovoltaic Association, 27 EU countries gained a new PV installed capacity of 41.4 GW in 2022. According to the report of the US Solar Energy Industries Association (SEIA), the US held a new PV installed capacity of less than 19 GW in 2022. But it is estimated that from 2023, the average annual growth rate of new photovoltaic installed capacity will exceed 21%. In terms of Japan, based on data from Fitch and the US Energy Information Administration (EIA), in 2022, Japan's newly installed photovoltaic capacity was 3.312 GW.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Solar Roofing, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Solar Roofing market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Solar Roofing market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Solar Roofing sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Solar Roofing covered in this report include Tata Power Solar Systems, CleanMax Solar, Jaksons Engineers, Thermax, Hero Future Energies, KEC International, RelyOn Solar, SOLON India and Fourth Partner Energy, etc.
The global Solar Roofing market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Tata Power Solar Systems
CleanMax Solar
Jaksons Engineers
Thermax
Hero Future Energies
KEC International
RelyOn Solar
SOLON India
Fourth Partner Energy
SunTegra Solar Roof Systems
Atlantis Energy Systems
Global Solar Roofing market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Solar Roofing market, Segment by Type:
On-Grid Type
Off- Grid Type
Hybrid
Grid-interactive
Global Solar Roofing market, by Application
Commercial
Industrial
Residential
Energy Consumers
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Solar Roofing manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Solar Roofing in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Solar Roofings are solar panels designed to look like and function as conventional roofing materials, such as asphalt shingle or slate, while also producing electricity.
The global Solar Roofing market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Solar Roofing in various end use industries. The expanding demands from the Commercial, Industrial, Residential and Energy Consumers, are propelling Solar Roofing market. On-Grid Type, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Off- Grid Type segment is estimated at % CAGR for the next seven-year period.
It is expected that global demand for photovoltaic products will remain high in the next few years. According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW. According to the data of China Photovoltaic Industry Association, the global newly installed photovoltaic capacity in 2022 is about 230 GW, and this number in 2023 is predicted to be 280-330 GW. According to the data of the Ministry of Industry and Information Technology, the total output value of China's photovoltaic industry exceeded 1.4 trillion yuan in 2022. From the perspective of production value, mainland China is still the global center of the PV industry. According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%. Among them, the production capacity of silicon wafers, solar cells, and components accounts for as high as 98%, 85% and 77%, respectively. According to the data released by the European Photovoltaic Association, 27 EU countries gained a new PV installed capacity of 41.4 GW in 2022. According to the report of the US Solar Energy Industries Association (SEIA), the US held a new PV installed capacity of less than 19 GW in 2022. But it is estimated that from 2023, the average annual growth rate of new photovoltaic installed capacity will exceed 21%. In terms of Japan, based on data from Fitch and the US Energy Information Administration (EIA), in 2022, Japan's newly installed photovoltaic capacity was 3.312 GW.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Solar Roofing, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Solar Roofing market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Solar Roofing market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Solar Roofing sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Solar Roofing covered in this report include Tata Power Solar Systems, CleanMax Solar, Jaksons Engineers, Thermax, Hero Future Energies, KEC International, RelyOn Solar, SOLON India and Fourth Partner Energy, etc.
The global Solar Roofing market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Tata Power Solar Systems
CleanMax Solar
Jaksons Engineers
Thermax
Hero Future Energies
KEC International
RelyOn Solar
SOLON India
Fourth Partner Energy
SunTegra Solar Roof Systems
Atlantis Energy Systems
Global Solar Roofing market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Solar Roofing market, Segment by Type:
On-Grid Type
Off- Grid Type
Hybrid
Grid-interactive
Global Solar Roofing market, by Application
Commercial
Industrial
Residential
Energy Consumers
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Solar Roofing manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Solar Roofing in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Solar Roofing Market Overview
1.1 Solar Roofing Product Overview
1.2 Solar Roofing Market Segment by Type
1.2.1 On-Grid Type
1.2.2 Off- Grid Type
1.2.3 Hybrid
1.2.4 Grid-interactive
1.3 Global Solar Roofing Market Size by Type
1.3.1 Global Solar Roofing Market Size Overview by Type (2018-2029)
1.3.2 Global Solar Roofing Historic Market Size Review by Type (2018-2023)
1.3.3 Global Solar Roofing Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Solar Roofing Sales Breakdown by Type (2018-2023)
1.4.2 Europe Solar Roofing Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Solar Roofing Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Solar Roofing Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Solar Roofing Sales Breakdown by Type (2018-2023)
2 Global Solar Roofing Market Competition by Company
2.1 Global Top Players by Solar Roofing Sales (2018-2023)
2.2 Global Top Players by Solar Roofing Revenue (2018-2023)
2.3 Global Top Players by Solar Roofing Price (2018-2023)
2.4 Global Top Manufacturers Solar Roofing Manufacturing Base Distribution, Sales Area, Product Type
2.5 Solar Roofing Market Competitive Situation and Trends
2.5.1 Solar Roofing Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Solar Roofing Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Solar Roofing as of 2022)
2.7 Date of Key Manufacturers Enter into Solar Roofing Market
2.8 Key Manufacturers Solar Roofing Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Solar Roofing Status and Outlook by Region
3.1 Global Solar Roofing Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Solar Roofing Historic Market Size by Region
3.2.1 Global Solar Roofing Sales in Volume by Region (2018-2023)
3.2.2 Global Solar Roofing Sales in Value by Region (2018-2023)
3.2.3 Global Solar Roofing Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Solar Roofing Forecasted Market Size by Region
3.3.1 Global Solar Roofing Sales in Volume by Region (2024-2029)
3.3.2 Global Solar Roofing Sales in Value by Region (2024-2029)
3.3.3 Global Solar Roofing Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Solar Roofing by Application
4.1 Solar Roofing Market Segment by Application
4.1.1 Commercial
4.1.2 Industrial
4.1.3 Residential
4.1.4 Energy Consumers
4.2 Global Solar Roofing Market Size by Application
4.2.1 Global Solar Roofing Market Size Overview by Application (2018-2029)
4.2.2 Global Solar Roofing Historic Market Size Review by Application (2018-2023)
4.2.3 Global Solar Roofing Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Solar Roofing Sales Breakdown by Application (2018-2023)
4.3.2 Europe Solar Roofing Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Solar Roofing Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Solar Roofing Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Solar Roofing Sales Breakdown by Application (2018-2023)
5 North America Solar Roofing by Country
5.1 North America Solar Roofing Historic Market Size by Country
5.1.1 North America Solar Roofing Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Solar Roofing Sales in Volume by Country (2018-2023)
5.1.3 North America Solar Roofing Sales in Value by Country (2018-2023)
5.2 North America Solar Roofing Forecasted Market Size by Country
5.2.1 North America Solar Roofing Sales in Volume by Country (2024-2029)
5.2.2 North America Solar Roofing Sales in Value by Country (2024-2029)
6 Europe Solar Roofing by Country
6.1 Europe Solar Roofing Historic Market Size by Country
6.1.1 Europe Solar Roofing Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Solar Roofing Sales in Volume by Country (2018-2023)
6.1.3 Europe Solar Roofing Sales in Value by Country (2018-2023)
6.2 Europe Solar Roofing Forecasted Market Size by Country
6.2.1 Europe Solar Roofing Sales in Volume by Country (2024-2029)
6.2.2 Europe Solar Roofing Sales in Value by Country (2024-2029)
7 Asia-Pacific Solar Roofing by Region
7.1 Asia-Pacific Solar Roofing Historic Market Size by Region
7.1.1 Asia-Pacific Solar Roofing Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Solar Roofing Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Solar Roofing Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Solar Roofing Forecasted Market Size by Region
7.2.1 Asia-Pacific Solar Roofing Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Solar Roofing Sales in Value by Region (2024-2029)
8 Latin America Solar Roofing by Country
8.1 Latin America Solar Roofing Historic Market Size by Country
8.1.1 Latin America Solar Roofing Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Solar Roofing Sales in Volume by Country (2018-2023)
8.1.3 Latin America Solar Roofing Sales in Value by Country (2018-2023)
8.2 Latin America Solar Roofing Forecasted Market Size by Country
8.2.1 Latin America Solar Roofing Sales in Volume by Country (2024-2029)
8.2.2 Latin America Solar Roofing Sales in Value by Country (2024-2029)
9 Middle East and Africa Solar Roofing by Country
9.1 Middle East and Africa Solar Roofing Historic Market Size by Country
9.1.1 Middle East and Africa Solar Roofing Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Solar Roofing Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Solar Roofing Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Solar Roofing Forecasted Market Size by Country
9.2.1 Middle East and Africa Solar Roofing Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Solar Roofing Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Tata Power Solar Systems
10.1.1 Tata Power Solar Systems Company Information
10.1.2 Tata Power Solar Systems Introduction and Business Overview
10.1.3 Tata Power Solar Systems Solar Roofing Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Tata Power Solar Systems Solar Roofing Products Offered
10.1.5 Tata Power Solar Systems Recent Development
10.2 CleanMax Solar
10.2.1 CleanMax Solar Company Information
10.2.2 CleanMax Solar Introduction and Business Overview
10.2.3 CleanMax Solar Solar Roofing Sales, Revenue and Gross Margin (2018-2023)
10.2.4 CleanMax Solar Solar Roofing Products Offered
10.2.5 CleanMax Solar Recent Development
10.3 Jaksons Engineers
10.3.1 Jaksons Engineers Company Information
10.3.2 Jaksons Engineers Introduction and Business Overview
10.3.3 Jaksons Engineers Solar Roofing Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Jaksons Engineers Solar Roofing Products Offered
10.3.5 Jaksons Engineers Recent Development
10.4 Thermax
10.4.1 Thermax Company Information
10.4.2 Thermax Introduction and Business Overview
10.4.3 Thermax Solar Roofing Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Thermax Solar Roofing Products Offered
10.4.5 Thermax Recent Development
10.5 Hero Future Energies
10.5.1 Hero Future Energies Company Information
10.5.2 Hero Future Energies Introduction and Business Overview
10.5.3 Hero Future Energies Solar Roofing Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Hero Future Energies Solar Roofing Products Offered
10.5.5 Hero Future Energies Recent Development
10.6 KEC International
10.6.1 KEC International Company Information
10.6.2 KEC International Introduction and Business Overview
10.6.3 KEC International Solar Roofing Sales, Revenue and Gross Margin (2018-2023)
10.6.4 KEC International Solar Roofing Products Offered
10.6.5 KEC International Recent Development
10.7 RelyOn Solar
10.7.1 RelyOn Solar Company Information
10.7.2 RelyOn Solar Introduction and Business Overview
10.7.3 RelyOn Solar Solar Roofing Sales, Revenue and Gross Margin (2018-2023)
10.7.4 RelyOn Solar Solar Roofing Products Offered
10.7.5 RelyOn Solar Recent Development
10.8 SOLON India
10.8.1 SOLON India Company Information
10.8.2 SOLON India Introduction and Business Overview
10.8.3 SOLON India Solar Roofing Sales, Revenue and Gross Margin (2018-2023)
10.8.4 SOLON India Solar Roofing Products Offered
10.8.5 SOLON India Recent Development
10.9 Fourth Partner Energy
10.9.1 Fourth Partner Energy Company Information
10.9.2 Fourth Partner Energy Introduction and Business Overview
10.9.3 Fourth Partner Energy Solar Roofing Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Fourth Partner Energy Solar Roofing Products Offered
10.9.5 Fourth Partner Energy Recent Development
10.10 SunTegra Solar Roof Systems
10.10.1 SunTegra Solar Roof Systems Company Information
10.10.2 SunTegra Solar Roof Systems Introduction and Business Overview
10.10.3 SunTegra Solar Roof Systems Solar Roofing Sales, Revenue and Gross Margin (2018-2023)
10.10.4 SunTegra Solar Roof Systems Solar Roofing Products Offered
10.10.5 SunTegra Solar Roof Systems Recent Development
10.11 Atlantis Energy Systems
10.11.1 Atlantis Energy Systems Company Information
10.11.2 Atlantis Energy Systems Introduction and Business Overview
10.11.3 Atlantis Energy Systems Solar Roofing Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Atlantis Energy Systems Solar Roofing Products Offered
10.11.5 Atlantis Energy Systems Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Solar Roofing Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Solar Roofing Industrial Chain Analysis
11.4 Solar Roofing Market Dynamics
11.4.1 Solar Roofing Industry Trends
11.4.2 Solar Roofing Market Drivers
11.4.3 Solar Roofing Market Challenges
11.4.4 Solar Roofing Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Solar Roofing Distributors
12.3 Solar Roofing Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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