MARKET INTRODUCTION
An electrical installation arrangement located on the roof that transforms solar energy into electricity is known as a rooftop solar photovoltaic installation. To meet the energy needs of buildings inside an existing distribution network, rooftop solar PV systems are utilized for distribution of power. End-user consumers are investing safely in rooftop solar PVs to protect themselves from the erratic price changes of power.
MARKET DYNAMICS
As technology advances and more household gadgets that use electricity become available, there is an increasing need for rooftop solar photovoltaic systems in residential structures to reduce a specific portion of the cost sustained by electricity.
MARKET SCOPE
The "Global Rooftop PV Systems Market Analysis To 2028" is a specialized and in-depth study of the technology, media, and telecommunications industry with a special focus on global market trend analysis. The rooftop PV systems market report aims to provide an overview of the rooftop PV systems market with detailed market segmentation by technology, grid-type, end-use, and geography. The global rooftop PV systems market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading rooftop PV systems market player and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global rooftop PV systems market is segmented based on technology, grid-type, end-use. Based on technology, the rooftop PV systems market is segmented into thin film, crystalline silicon. Based on grid-type, the rooftop PV systems market is segmented into Grid Connected, Off-grid. Based on end-use, the rooftop PV systems market is segmented into residential, commercial, and industrial.
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 rooftop PV systems market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The rooftop PV systems market by each region is later sub-segmented by respective countries and segments. The rooftop PV systems market 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 rooftop PV systems market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the rooftop PV systems market in these regions.
IMPACT OF COVID-19 ON ROOFTOP PV SYSTEMS MARKET
The sudden outbreak of the COIVD-19 pandemic negatively impacted the growth of the global rooftop PV systems market. The supply chain disruptions influenced the decline in demand for rooftop PV systems. Additionally, the stringent lockdown imposed by various government bodies across impacted the manufacturers of rooftop PV systems thereby impacting the growth of the global rooftop PV systems market.
MARKET PLAYERS
The reports cover key developments in the rooftop PV systems market as 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 market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from rooftop PV systems market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the rooftop PV systems market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the rooftop PV systems 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.
-Canadian Solar Inc.
-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.