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Solar Rooftop Sales Market is predicted to grow at approximately 20.14 % by 2027

Pune, India, August 31, 2017 /MRFR Press Release/- Market research future published a half cooked research report on global solar Rooftop Sales market. The Solar Rooftop Sales Market is expected to grow over the CAGR of around 20.14% during the period 2020 to 2027.


Market Highlights

:


Solar Rooftop panels are an important part of solar panel installation. The main application of solar rooftop panel is to convert solar power into usable AC power. Solar Rooftop Panels enable safe and noiseless power generation, which makes them quintessential product in today’s world. Rooftop Solar is increasingly cost-effective for residential, commercial, and industrial sector. Reductions in technology prices, innovative financing, and growing networks of solar installers and financial partners all helped drive down the prices for rooftop solar panel systems. Currently, the global solar rooftop sales market is increasing tremendously in influence of major drivers such as global environmental concerns, future energy supply security, increasing investment in clean energy, and low operating cost of a Solar Rooftop Panels.  


Key Players:


The key players of Global Solar Rooftop Sales Market are SMA Solar Technology AG (Germany), Trina Solar (China), Yingli Green Energy Holding Company Limited (China), Canadian Solar Inc. (Canada), Jinko Solar (China), SolarWorld AG (Germany), SunPower Corporation (U.S.), Shunfeng International Clean Energy Limited. (China), Tata Power Solar Systems Limited (India), Delta Energy Systems (Germany), JA Solar Holdings Co., Ltd. (China) and ABB Ltd. (Switzerland). 


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Market Research Analysis


Residential Solar Rooftop Sales is expected to grow at the fastest rate


Currently, there is a growing demand for Solar Rooftop Systems in the residential rooftop applications. There is a significant fall in the prices of key components such as silver and poly-silicone that are used in the manufacturing of solar cells. A great advantage of the Solar Panel is its functioning without harmful emissions and noise. A gradual fall in the prices of industrial commodities used to manufacture solar panels, and the rising inflation in electricity and natural gas sector in the coming decade, are the major driving factors for the growth of the solar rooftop sales market in forecast period. Rise in electricity prices combined with cheaper solar panels will also drive the solar rooftop sales market, majorly. Some restraints of the market are its incapability to perform at night without backup, disturbance during certain abnormal climatic conditions such as cloudy weather even in daytime and expensive solar technologies. 


Scope of the Report:


This study provides an overview of the Global Solar Rooftop Sales Market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global solar Rooftop Sales market by its product type, by system type, by end user and by region.


By Capacity



  • >10 kW

  • 11 kW- 100kW

  • <100 kW


By Connectivity



  • On-Grid

  • Off-Grid


By End User

  • Residential

  • Commercial

  • Industrial


By Regions



  • North America 

  • Asia Pacific 

  • Europe

  • Rest of the World  


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