Description
Solar photovoltaic rooftop systems are widely used to produce electricity from sun light and are mounted on top of any commercial, industrial, residential or government building. Solar rooftop systems are either grid-connected of off-grid electricity generating systems. In the on-grid solar rooftop systems, the electricity is generated from solar PV rooftop which are connected to the utility grid. However, the off-grid systems generate electricity which is consumed by the connected load, and excess of power is stored in batteries to be used as and when needed. Over the past few years, the demand for solar rooftop systems is gradually rising and expecting a remarkable growth in future. Solar rooftop systems have been dominating the renewable energy market owing to its increasing demand from its end-use applications.
The global solar rooftop market is a very dynamic market and is expected to witness high growth over the forecast period. The growth of the solar rooftop market is majorly influenced by the growing demand for energy consumption around the world. Furthermore, electricity produced by renewable sources is clean, cost effective and renewable in nature which drives the market towards growth. However, the high capital cost for installation is acts as a major barrier for the growth of the solar rooftop market. The global solar rooftop market is expected to grow at a CAGR of 20.14%, during the forecast period.
Key Players
The key players of global solar rooftop 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).
Objective of Global Solar rooftop Market Analysis & Forecast, from 2016 to 2023
• To provide insights about factors influencing and affecting the market growth.
• To provide historical and forecast revenue of the market segments as well as sub-segments with respect to regional markets and their key countries
• To provide historical and forecast revenue of the market segments based on operating system.
• To provide strategic profiling of key players in the market, comprehensively analyzing their market share, core competencies, and drawing a competitive landscape for the market
Target Audience
• Manufactures
• Raw materials suppliers
• Aftermarket suppliers
• Research institute & education institute
• Potential investors
• Key executive (CEO and COO) and strategy growth manager
Key Findings
• On the basis of capacity, the market is segmented as Upto 10 kW, 11 kW- 100 kW, and More than 100 kW. 11 kW- 100kW dominate the global solar rooftop market with a share of 40.3% in 2016, in terms of value. It is expected to grow at a CAGR of 21.54% during the forecast period.
• On the basis of connectivity, the market is segmented as On-Grid, and Off-Grid. On-Grid based solar rooftop dominate the market with a share of 74.6% in 2016, in terms of value. It is expected to grow at a CAGR of 20.38% during the forecast period.
• On the basis of end-user, the market is segmented as Residential, Commercial and Industrial. Commercial dominated the global solar rooftop market with a share of 42.4% in 2016, in terms of value. It is expected to grow at a CAGR of 21.96% during the forecast period.
• Asia-Pacific accounted for the largest market share of 47.6% in 2016, followed by Europe which is expected to grow at a CAGR of 19.14% during the forecast period. North America is expected to grow from a market size of USD 7,284.9 million in 2016 to USD 21,722.8 million by the end of 2023. The rest of the world accounted for a market share of 3.5% in 2016 and is expected to grow at a CAGR of 20.23% during the forecast period.
The regional analysis also includes –
• North America
o U.S.
o Canada
• Europe
o Germany
o U.K.
o Spain
o France
o Italy
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Australia
o Rest of Asia-Pacific
• Rest of the World
o Africa
o Middle East
o Latin America
Table of Contents
1 Executive summary 12
2 Introduction 14
2.1 Definition 14
2.2 Scope of the Study 14
2.3 Assumptions 14
2.4 Market Structure 15
3 Research Methodology 16
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
4 Market Dynamics 20
4.1 Drivers 21
4.2 Restraint 24
4.3 Opportunity 25
5 Market Factor Analysis 26
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
5.2 Value Chain Analysis 28
6 Global Solar Rooftop Market, By Capacity 29
6.1 Introduction 30
6.2 Upto 10 kW 32
6.3 11 kW- 100 kW 32
6.4 More than 100 kW 32
7 Global Solar Rooftop Market, By Connectivity 33
7.1 Introduction 34
7.2 On- Grid 35
7.3 Off-Grid 35
8 Global Solar Rooftop Market, By End-User 36
8.1 Introduction 37
8.2 Residential 39
8.3 Commercial 39
8.4 Industrial 40
9 Solar Rooftop Market, By Region 41
9.1 Introduction 42
9.2 Asia-Pacific 44
9.2.1 China 47
9.2.2 Japan 50
9.2.3 India 53
9.2.4 Australia 56
9.2.5 Rest of Asia-Pacific 58
9.3 Europe 61
9.3.1 Germany 64
9.3.2 U.K. 67
9.3.3 Spain 70
9.3.4 France 73
9.3.5 Italy 75
9.3.6 Rest of Europe 78
9.4 North America 81
9.4.1 U.S. 84
9.4.2 Canada 87
9.5 Rest of the World 89
9.5.1 Middle East 92
9.5.2 Africa 95
9.5.3 Latin America 97
10 Company Profiles 100
10.1 Competitive Scenario 100
10.1.1 Competitive Landscape 100
10.1.2 Partnerships and Collaborations 101
10.1.3 New Product Development. 102
10.1.4 Expansions 103
10.2 SMA Solar Technology AG 104
10.2.1 Company Overview 104
10.2.2 Financial Overview 104
10.2.3 Product/Service Offering 105
10.2.4 Strategy 105
10.2.5 Swot Analysis 106
10.3 Trina Solar 107
10.3.1 Company Overview 107
10.3.2 Financial Overview 108
10.3.3 Product/Service Offering 109
10.3.4 Strategy 110
10.3.5 Swot Analysis 111
10.4 Yingli Solar 112
10.4.1 Company Overview 112
10.4.2 Financial Overview 112
10.4.3 Product/Service Offering 113
10.4.4 Strategy 115
10.4.5 Swot Analysis 116
10.5 Canadian Solar Inc. 117
10.5.1 Company Overview 117
10.5.2 Product/Service Offering 118
10.5.3 Financial Overview 120
10.5.4 Strategy 120
10.5.5 Swot Analysis 122
10.6 SunPower Corporation 123
10.6.1 Company Overview 123
10.6.2 Financial Overview 123
10.6.3 Product/Service Offering 124
10.6.4 Strategy 125
10.6.5 Swot Analysis 126
10.7 Delta Energy Systems 127
10.7.1 Company Overview 127
10.7.2 Financial Overview 127
10.7.3 Product/Service Offering 128
10.7.4 Strategy 128
10.7.5 Key Development (2015-2017) 129
10.8 JA Solar Holdings Co., Ltd. 130
10.8.1 Company Overview 130
10.8.2 Financial Overview 130
10.8.3 Product/Service Offering 131
10.8.4 Strategy 132
10.8.5 Swot Analysis 133
10.9 Jinko Solar Holding Co., Ltd. 134
10.9.1 Company Overview 134
10.9.2 Product/Service Offering 135
10.9.3 Financial Overview 136
10.9.4 Strategy 137
10.9.5 Swot Analysis 138
10.10 Shunfeng International Clean Energy Limited. 139
10.10.1 Company Overview 139
10.10.2 Product/Service Offering 139
10.10.3 Financial Overview 140
10.10.4 Strategy 141
10.11 SolarWorld AG 142
10.11.1 Product/Service Offering 142
10.11.2 Financial Overview 143
10.11.3 Strategy 144
10.12 Tata Power Solar Systems Ltd. 145
10.12.1 Company Overview 145
10.12.2 Product/Service Offering 145
10.12.3 Financial Overview 146
10.12.4 Strategy 146
10.13 ABB Ltd. 147
10.13.1 Product/Service Offering 147
10.13.2 Financial Overview 147
10.13.3 Strategy 148
