Rooftop Solar Photovoltaic (PV) Market to Perceive Substantial Growth during 2031
The global Rooftop Solar Photovoltaic (PV) market was valued at 944.97 Million USD in 2021 and will grow with a CAGR of 7.73% from 2021 to 2027, based on Market Report Hub (MRH) newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market vendors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
A rooftop photovoltaic power station, or rooftop PV system, is a photovoltaic system that has its electricity-generating solar panels mounted on the rooftop of a residential or commercial building or structure.The global Rooftop Solar Photovoltaic (PV) Installation market Revenue was 9.2 Billion US$ in 2017, and is projected to reach 16.2 Billion US$ in 2025, to register a CAGR of 7.3% during the forecast period. In terms of value, the Crystalline Silicon solar photovoltaic segment is anticipated to exhibit the highest growth rate of 16.3% during the analysis period. The market Revenue is 8.6 Billion US$ in 2017, and is projected to reach 15.3 Billion US$ in 2025.
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By Market Vendors:
Jinko Solar
Trina Solar
Canadian Solar
JA Solar
Hanwha
First Solar
Yingli
SunPower
Sharp
Solarworld
Eging PV
Risen
Kyocera Solar
GCL
Longi Solar
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By Types:
Crystalline Silicon
Thin Film
By Applications:
Non-residential
Residential
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
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Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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