Global Solar Rooftop Market Information Report by Capacity (>10 kW, 11 kW- 100kW and <100 kW), By Connectivity, (On-Grid and Off-Grid) By End User (Residential, Commercial and Industrial) and By Regions - Global Forecast to 2023.
Pune, India -- (SBWIRE) -- 12/19/2017 -- Market Highlights
Currently, solar rooftop panels are gaining a wide attention owing to their efficiency and lost cost electricity generation capacity. The main application of solar rooftop panels 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. Solar Rooftop Sales Market is expected to grow over the CAGR of around 21.17% during the period 2017 to 2023
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 rooftop sales 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.
The Global Solar Rooftop Sales Market has been analyzed based on capacity, connectivity, end-users and regions. On the basis of capacity, the global solar Rooftop Sales system market has been segmented as >10 kW, 11 kW- 100kW and <100 kW. Based on connectivity, it is classified as, on-grid and off-grid. Based on end-users, it is further classified as residential, commercial and industrial.
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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)
- ABB Ltd. (Switzerland).
11 kW- 100kW rooftop solar system segment by capacity is expected to dominate the market
Currently, 11 kW- 100kW rooftop solar system segment by capacity, holds the largest market share and is expected to grow at the highest growth during the forecast period. A rooftop solar system ranging with a power capacity from 11 kW- 100 kW are the best investment for commercial and small-scale industry. A modern-day 100 kW rooftop solar system will be comprised of between 380-410 panels and will require about 600-656 m2 of roof space, depending upon the wattage of the panels. Reported pricing, for PV system installations, completed by project-level data from U.S. Department of Energy SunShot Initiative in January 2017, were about USD 3.78/W (Median) for commercial installation of over 10 kW to 100 kW.
Table of content
1 Executive Summary
2 Introduction
2.1 Definition 14
2.2 Scope Of The Study 14
2.3 Assumptions 14
2.4 Market Structure 15
3 Research Methodology
3.1 Research Process 16
3.2 Primary Research 17
3.3 Secondary Research 17
3.4 Market Size Estimation 17
3.5 Forecast Model 19
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4 Market Dynamics
4.1 Drivers 21
4.2 Restraint 24
4.3 Opportunity 25
5 Market Factor Analysis
5.1 Porter's 5 Forces Analysis 26
5.1.1 Threat Of New Entrants 27
5.1.2 Bargaining Power Of Suppliers 27
5.1.3 Threat Of Substitutes 27
5.1.4 Bargaining Power Of Buyers 27
5.1.5 Segment Rivalry 27
Continue………
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