The worldwide Global Solar Rooftop Sales Market is a very dynamic market. It is likely to experience increased growth during the forecast period. A solar rooftop photo voltaic (PV) system transforms sun’s light energy into electricity power by the means of solar rooftop installed on rooftop of a building.

Solar rooftop systems have been leading the renewable energy market due to its growing demand from its end-use markets. The worldwide growing demand for solar systems, mostly in residential rooftop usage is also fuelling the solar rooftop market. The worldwide solar rooftop market is estimated to develop at 20.14% CAGR over the forecast period.

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Global Solar Rooftop Sales Market Segmentation

The global solar rooftop market has been segmented based on connectivity, end-users, and capacity.

Based on capacity, the global solar rooftop market has been segmented into >10 kW, 11 kW-100 kW, and <100 kW. Among these, the 11 kW-100 kW segment dominates the global solar rooftop market. This segment is also projected to develop at a rapid rate within the global solar rooftop market over the forecast period.

Based on connectivity, the global solar rooftop market has been segmented into off-grid and on-grid.

Based on end users, the worldwide solar rooftop market has been segmented into commercial, industrial, and residential.

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Regional Analysis

On regional basis, the worldwide solar rooftop market has been segmented into four key regions such as Europe, North America, Asia Pacific (APAC), and the rest of the world.

The Asia Pacific market represented a share of 50 percent in the worldwide solar rooftop market during 2016. The demand for solar rooftop in this market is also expected to grow at a rapid rate over the forecast period 2017 to 2023.

Key Players

Global solar rooftop market is dominated by key players such as Trina Solar (China), SMA Solar Technology AG (Germany), Canadian Solar Inc. (Canada), Yingli Green Energy Holding Company Limited (China), Jinko Solar (China), SunPower Corporation (U.S.), SolarWorld AG (Germany), Tata Power Solar Systems Limited (India), Shunfeng International Clean Energy Limited (China), JA Solar Holdings Co., Ltd. (China), ABB Ltd. (Switzerland), and Delta Energy Systems (Germany).