Rooftop Solar Photovoltaic Installation Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

A rooftop solar photovoltaic installation is a type of electrical installation setup, mounted on the roof that converts solar energy into electricity. Rooftop solar PV systems are distributed power generation system that help in meeting the energy demand of buildings within an existing distribution network. The size of the installation is dependent upon the size of the building and can vary dramatically. The rooftop solar PV systems are small in size and are installed on residential and commercial buildings rooftop.

MARKET SCOPE

The "Global Rooftop solar photovoltaic installation Market Analysis to 2031" is a specialized and in-depth study of the Rooftop solar photovoltaic installation market with a special focus on the global market trend analysis. The report aims to provide an overview of Rooftop solar photovoltaic installation market with detailed market segmentation by deployment, technology, end-use, and geography. The global Rooftop solar photovoltaic installation market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Rooftop solar photovoltaic installation market players and offers key trends and opportunities in the Rooftop solar photovoltaic installation market.

MARKET SEGMENTATION

•  The global Rooftop solar photovoltaic installation market is segmented on the basis of service, and end user.
  
•  On the basis of deployment, the market is segmented as ground mounted, rooftop mounted.
  
•  On the basis of technology, the market is segmented as thin film, crystalline silicon
  
•  On the basis of end-user the market is segmented into residential, commercial, and industrial.
  

MARKET DYNAMICS

Drivers:

•  Growing demand for rooftop solar photovoltaic systems in residential buildings.
  
•  The demand for which is on a high with technological developments to improve the living standard of the people by offering different electrical power consuming home appliance.
  

Restraints:

•  High cost to restrain the market growth.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Rooftop solar photovoltaic installation market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Rooftop solar photovoltaic installation market in these regions.

IMPACT OF COVID-19 ON ROOFTOP SOLAR PHOTOVOLTAIC INSTALLATION MARKET

Lockdown imposed due to the outbreak of COVID-19 pandemic resulted in temporary ban on import & export and manufacturing & processing activities across various industries and electrical utilities, which decreased the demand for electricity from these consumers. Regardless of this strength, renewables' growth is anticipated to decrease. The globe is set to include 67 gigawatts (GW) of renewable power capacity. This decrease reflects delays in construction due to supply chain disturbances, lockdown actions and also social distancing guidelines, along with emerging financing obstacles. According to the International Energy Agency forecast, it expects utility-scale solar PV projects to rebound as most of the projects are already financed and under construction, however setups of roof solar PV for companies and homes might continue to be dispirited in the medium term without strong government assistance.

MARKET PLAYERS

The report covers key developments in the Rooftop solar photovoltaic installation market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Rooftop solar photovoltaic installation market market are anticipated to lucrative growth opportunities in the future with the rising demand for Rooftop solar photovoltaic installation market in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Rooftop solar photovoltaic installation market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•  Suntech Power Holding Co. Ltd,
  
•  First Solar Inc.,
  
•  Yingli Solar,
  
•  Sunpower Corporation,
  
•  Sharp Corporation,
  
•  JA Solar Holding Company Ltd.,
  
•  Kyocera,
  
•  Shenzhen Topray Solar Co. Ltd.,
  
•  Tata Power Solar Systems Ltd.
  
•  Wuxi Suntech Power Co. LTD.
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Rooftop Solar Photovoltaic Installation Report Scope