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Solar Rooftop-Global Market Insights and Sales Trends 2024
Synopsis
The global Solar Rooftop 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 Rooftop in various end use industries. The expanding demands from the Commercial, Industrial and Residential,, are propelling Solar Rooftop 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 3.372 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 Rooftop, 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 Rooftop 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 Rooftop market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Solar Rooftop 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 Rooftop covered in this report include Tata Power Solar Systems Limited, CleanMax Solar, Jaksons Engineers Limited, Thermax Limited, Hero Future Energies, KEC International Limited, RelyOn Solar Private Limited, SOLON India Private Limited and Fourth Partner Energy Pvt Ltd, etc.
The global Solar Rooftop 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 Limited
CleanMax Solar
Jaksons Engineers Limited
Thermax Limited
Hero Future Energies
KEC International Limited
RelyOn Solar Private Limited
SOLON India Private Limited
Fourth Partner Energy Pvt Ltd
Elecomponics Technologies India Pvt Ltd
Global Solar Rooftop 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 Rooftop market, Segment by Type:
On-Grid Type
Off- Grid Type
Global Solar Rooftop market, by Application
Commercial
Industrial
Residential
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 Rooftop manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Solar Rooftop 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.
The global Solar Rooftop 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 Rooftop in various end use industries. The expanding demands from the Commercial, Industrial and Residential,, are propelling Solar Rooftop 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 3.372 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 Rooftop, 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 Rooftop 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 Rooftop market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Solar Rooftop 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 Rooftop covered in this report include Tata Power Solar Systems Limited, CleanMax Solar, Jaksons Engineers Limited, Thermax Limited, Hero Future Energies, KEC International Limited, RelyOn Solar Private Limited, SOLON India Private Limited and Fourth Partner Energy Pvt Ltd, etc.
The global Solar Rooftop 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 Limited
CleanMax Solar
Jaksons Engineers Limited
Thermax Limited
Hero Future Energies
KEC International Limited
RelyOn Solar Private Limited
SOLON India Private Limited
Fourth Partner Energy Pvt Ltd
Elecomponics Technologies India Pvt Ltd
Global Solar Rooftop 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 Rooftop market, Segment by Type:
On-Grid Type
Off- Grid Type
Global Solar Rooftop market, by Application
Commercial
Industrial
Residential
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 Rooftop manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Solar Rooftop 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 Rooftop Market Overview
1.1 Solar Rooftop Product Overview
1.2 Solar Rooftop Market Segment by Type
1.2.1 On-Grid Type
1.2.2 Off- Grid Type
1.3 Global Solar Rooftop Market Size by Type
1.3.1 Global Solar Rooftop Market Size Overview by Type (2018-2029)
1.3.2 Global Solar Rooftop Historic Market Size Review by Type (2018-2023)
1.3.3 Global Solar Rooftop Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Solar Rooftop Sales Breakdown by Type (2018-2023)
1.4.2 Europe Solar Rooftop Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Solar Rooftop Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Solar Rooftop Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Solar Rooftop Sales Breakdown by Type (2018-2023)
2 Global Solar Rooftop Market Competition by Company
2.1 Global Top Players by Solar Rooftop Sales (2018-2023)
2.2 Global Top Players by Solar Rooftop Revenue (2018-2023)
2.3 Global Top Players by Solar Rooftop Price (2018-2023)
2.4 Global Top Manufacturers Solar Rooftop Manufacturing Base Distribution, Sales Area, Product Type
2.5 Solar Rooftop Market Competitive Situation and Trends
2.5.1 Solar Rooftop Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Solar Rooftop 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 Rooftop as of 2022)
2.7 Date of Key Manufacturers Enter into Solar Rooftop Market
2.8 Key Manufacturers Solar Rooftop Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Solar Rooftop Status and Outlook by Region
3.1 Global Solar Rooftop Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Solar Rooftop Historic Market Size by Region
3.2.1 Global Solar Rooftop Sales in Volume by Region (2018-2023)
3.2.2 Global Solar Rooftop Sales in Value by Region (2018-2023)
3.2.3 Global Solar Rooftop Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Solar Rooftop Forecasted Market Size by Region
3.3.1 Global Solar Rooftop Sales in Volume by Region (2024-2029)
3.3.2 Global Solar Rooftop Sales in Value by Region (2024-2029)
3.3.3 Global Solar Rooftop Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Solar Rooftop by Application
4.1 Solar Rooftop Market Segment by Application
4.1.1 Commercial
4.1.2 Industrial
4.1.3 Residential
4.2 Global Solar Rooftop Market Size by Application
4.2.1 Global Solar Rooftop Market Size Overview by Application (2018-2029)
4.2.2 Global Solar Rooftop Historic Market Size Review by Application (2018-2023)
4.2.3 Global Solar Rooftop Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Solar Rooftop Sales Breakdown by Application (2018-2023)
4.3.2 Europe Solar Rooftop Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Solar Rooftop Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Solar Rooftop Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Solar Rooftop Sales Breakdown by Application (2018-2023)
5 North America Solar Rooftop by Country
5.1 North America Solar Rooftop Historic Market Size by Country
5.1.1 North America Solar Rooftop Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Solar Rooftop Sales in Volume by Country (2018-2023)
5.1.3 North America Solar Rooftop Sales in Value by Country (2018-2023)
5.2 North America Solar Rooftop Forecasted Market Size by Country
5.2.1 North America Solar Rooftop Sales in Volume by Country (2024-2029)
5.2.2 North America Solar Rooftop Sales in Value by Country (2024-2029)
6 Europe Solar Rooftop by Country
6.1 Europe Solar Rooftop Historic Market Size by Country
6.1.1 Europe Solar Rooftop Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Solar Rooftop Sales in Volume by Country (2018-2023)
6.1.3 Europe Solar Rooftop Sales in Value by Country (2018-2023)
6.2 Europe Solar Rooftop Forecasted Market Size by Country
6.2.1 Europe Solar Rooftop Sales in Volume by Country (2024-2029)
6.2.2 Europe Solar Rooftop Sales in Value by Country (2024-2029)
7 Asia-Pacific Solar Rooftop by Region
7.1 Asia-Pacific Solar Rooftop Historic Market Size by Region
7.1.1 Asia-Pacific Solar Rooftop Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Solar Rooftop Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Solar Rooftop Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Solar Rooftop Forecasted Market Size by Region
7.2.1 Asia-Pacific Solar Rooftop Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Solar Rooftop Sales in Value by Region (2024-2029)
8 Latin America Solar Rooftop by Country
8.1 Latin America Solar Rooftop Historic Market Size by Country
8.1.1 Latin America Solar Rooftop Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Solar Rooftop Sales in Volume by Country (2018-2023)
8.1.3 Latin America Solar Rooftop Sales in Value by Country (2018-2023)
8.2 Latin America Solar Rooftop Forecasted Market Size by Country
8.2.1 Latin America Solar Rooftop Sales in Volume by Country (2024-2029)
8.2.2 Latin America Solar Rooftop Sales in Value by Country (2024-2029)
9 Middle East and Africa Solar Rooftop by Country
9.1 Middle East and Africa Solar Rooftop Historic Market Size by Country
9.1.1 Middle East and Africa Solar Rooftop Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Solar Rooftop Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Solar Rooftop Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Solar Rooftop Forecasted Market Size by Country
9.2.1 Middle East and Africa Solar Rooftop Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Solar Rooftop Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Tata Power Solar Systems Limited
10.1.1 Tata Power Solar Systems Limited Company Information
10.1.2 Tata Power Solar Systems Limited Introduction and Business Overview
10.1.3 Tata Power Solar Systems Limited Solar Rooftop Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Tata Power Solar Systems Limited Solar Rooftop Products Offered
10.1.5 Tata Power Solar Systems Limited 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 Rooftop Sales, Revenue and Gross Margin (2018-2023)
10.2.4 CleanMax Solar Solar Rooftop Products Offered
10.2.5 CleanMax Solar Recent Development
10.3 Jaksons Engineers Limited
10.3.1 Jaksons Engineers Limited Company Information
10.3.2 Jaksons Engineers Limited Introduction and Business Overview
10.3.3 Jaksons Engineers Limited Solar Rooftop Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Jaksons Engineers Limited Solar Rooftop Products Offered
10.3.5 Jaksons Engineers Limited Recent Development
10.4 Thermax Limited
10.4.1 Thermax Limited Company Information
10.4.2 Thermax Limited Introduction and Business Overview
10.4.3 Thermax Limited Solar Rooftop Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Thermax Limited Solar Rooftop Products Offered
10.4.5 Thermax Limited 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 Rooftop Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Hero Future Energies Solar Rooftop Products Offered
10.5.5 Hero Future Energies Recent Development
10.6 KEC International Limited
10.6.1 KEC International Limited Company Information
10.6.2 KEC International Limited Introduction and Business Overview
10.6.3 KEC International Limited Solar Rooftop Sales, Revenue and Gross Margin (2018-2023)
10.6.4 KEC International Limited Solar Rooftop Products Offered
10.6.5 KEC International Limited Recent Development
10.7 RelyOn Solar Private Limited
10.7.1 RelyOn Solar Private Limited Company Information
10.7.2 RelyOn Solar Private Limited Introduction and Business Overview
10.7.3 RelyOn Solar Private Limited Solar Rooftop Sales, Revenue and Gross Margin (2018-2023)
10.7.4 RelyOn Solar Private Limited Solar Rooftop Products Offered
10.7.5 RelyOn Solar Private Limited Recent Development
10.8 SOLON India Private Limited
10.8.1 SOLON India Private Limited Company Information
10.8.2 SOLON India Private Limited Introduction and Business Overview
10.8.3 SOLON India Private Limited Solar Rooftop Sales, Revenue and Gross Margin (2018-2023)
10.8.4 SOLON India Private Limited Solar Rooftop Products Offered
10.8.5 SOLON India Private Limited Recent Development
10.9 Fourth Partner Energy Pvt Ltd
10.9.1 Fourth Partner Energy Pvt Ltd Company Information
10.9.2 Fourth Partner Energy Pvt Ltd Introduction and Business Overview
10.9.3 Fourth Partner Energy Pvt Ltd Solar Rooftop Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Fourth Partner Energy Pvt Ltd Solar Rooftop Products Offered
10.9.5 Fourth Partner Energy Pvt Ltd Recent Development
10.10 Elecomponics Technologies India Pvt Ltd
10.10.1 Elecomponics Technologies India Pvt Ltd Company Information
10.10.2 Elecomponics Technologies India Pvt Ltd Introduction and Business Overview
10.10.3 Elecomponics Technologies India Pvt Ltd Solar Rooftop Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Elecomponics Technologies India Pvt Ltd Solar Rooftop Products Offered
10.10.5 Elecomponics Technologies India Pvt Ltd Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Solar Rooftop 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 Rooftop Industrial Chain Analysis
11.4 Solar Rooftop Market Dynamics
11.4.1 Solar Rooftop Industry Trends
11.4.2 Solar Rooftop Market Drivers
11.4.3 Solar Rooftop Market Challenges
11.4.4 Solar Rooftop Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Solar Rooftop Distributors
12.3 Solar Rooftop 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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