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Rooftop Solar PV Market Analysis

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Report ID: 3364
Published Date: Aug 29, 2024
Report Format: PDF, PPT

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Rooftop Solar PV Market Analysis

The global rooftop solar PV market is segmented by end-user into residential, commercial, and others, out of which, the residential segment is anticipated to hold the largest share in terms of revenue during the forecast period on account of increasing installation of rooftop PV in households, as they are cost effective, space saving, and easy to install.

Our in-depth analysis of the global rooftop solar PV market includes the following segments

By Application

Solar Electricity
Heating
Water Heating
Lighting
Others

By End-User

Residential
Commercial
Others

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Browse Key Market Insights with Data Illustration:

Rooftop Solar PV Market Size & Share | Growth Forecasts 2036

Author Credits: Dhruv Bhatia

Report ID: 3364
Published Date: Aug 29, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of rooftop solar PV is assessed at USD 125.91 billion.

Rooftop Solar PV Market size was over USD 111.78 billion in 2023 and is anticipated to reach USD 752.62 billion by 2036, growing at around 15.8% CAGR during the forecast period i.e., between 2024-2036. Rising environment awareness and increasing government initiatives to promote the use of solar energy will impel the market growth.

North America is predicted to hold largest revenue share by 2036, on the back of high public awareness and government policies to encourage the adoption of solar farms in the region.

The major players in the market are Trina Solar Co., Ltd, Sharp Corporation, TATA Power Solar Systems Limited, SunPower Corporation, and others.

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