Transparency Market Research Rooftop Solar PV Market, by End-use (Residential and Commercial) - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2015 - 2023 Published Date 06-Oct-2015 98 Page Report Buy Now Request Sample Press Release North America at Forefront of Global Rooftop Solar PV Systems Market with 38.9% Share in 2014; Government Thrust on Solar Energy Key Driver Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com Rooftop Solar PV Market REPORT DESCRIPTION Rooftop Solar PV Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2015 - 2023 According to this report, the global rooftop solar PV market was valued at USD 1,798.1 million in 2014 and is anticipated to reach USD 4,584.3 million by 2023 at a CAGR of 11.0% from 2015 to 2023. Browse Rooftop Solar PV Market Research Report: http://www.transparencymarketresearch.com/rooftop-solar-pv-market.html Rooftop solar PV panels are mounted over rooftops of residential or commercial buildings. These panels have off-grid and on-grid electricity generation capability. Rooftop solar PV systems provide effective tool for capturing solar radiation for generating electricity in an emission-free, environment-friendly manner. Rooftop solar PV technology has existed since a long time but has recently witnessed adoption on a large scale with the advent of FITs and net metering policies. Rooftop solar PV systems consist of two parts: solar PV panels and balance of system. Solar panels are made of silicon wafer and are of two types: monocrystalline and polycrystalline. A balance of system usually consists of transformers, electricity systems, and monitoring and mounting equipment along with mounting and installing modules. Rooftop solar PV systems are increasingly being utilized due to their off-grid and on-grid flexibility. Demand for clean and renewable source of energy reaching an all-time high has contributed to the development and growth of the rooftop solar PV market. Rooftop solar PV is an efficient method for generating electricity from solar radiation without using fossil fuels. The market for rooftop solar PV has been rapidly increasing with the support of government subsidies and tax credits. The rooftop solar PV market have attracted large number of equity investments and funding. Many rooftop solar PV companies have launched IPOs through their new-formed YieldCos. Increasing rooftop solar PV market is considered critical for reducing carbon footprint. In terms of geography, the rooftop solar PV market has been segmented into four regions: North America, Asia Pacific, Europe, and Rest of the World. North America was the largest market for rooftop solar PV, accounting for 38.9% share in 2014. The U.S. leads the rooftop solar PV market in North America, with the government promoting rooftop solar PV systems by offering tax credits and incentives. California, a state in the U.S., leads in terms of rooftop solar PV installations and has several tax incentives available for residential and commercial buyers. Europe follows North America with Germany as a leading country, with the highest number of rooftop solar installations in Europe. Asia Pacific was the third-largest market for rooftop solar PV, in terms of market share, in 2014. China and Japan are the leading countries with major rooftop solar PV projects in Asia Pacific. Asia Pacific also houses headquarters of several large rooftop solar PV companies. The market in Rest of the World is likely to grow at a significant rate with anticipated increase in commercial projects across South Africa, Chile, and Brazil in the near future. Rooftop Solar PV Market: By End-use Type Transparency Market Research 2 Rooftop Solar PV Market • Residential • Commercial Rooftop Solar PV Market: By Region • North America • Europe • Asia Pacific • Rest of the World Make an Inquiry : http://www.transparencymarketresearch.com/sample/sample.php?flag=s&rep_id=3160 TABLE OF CONTENT Section 1 Preface Report Description Market Segmentation Research Scope Research Methodology Section 2 Executive Summary Executive Summary Transparency Market Research 3 Rooftop Solar PV Market Section 3 Industry Analysis Introduction Value Chain Analysis of Rooftop Solar PV Market Market Dynamics Driver 1 – High efficiency and falling energy payback time supported by government subsidies and tax credits Driver 2 – Declining battery costs to boost adoption of rooftop solar and contribute to decreasing LCOE Driver 3 – Rising adoption of distributed PV technology globally Restraint 1 – Lack of robust smart grid infrastructure and net metering policies Opportunity 1 – Emerging markets to drive the demand and generation of rooftop solar systems market Opportunity 2 – Rise of YieldCos* in solar industry to drive the demand for rooftop solar systems Porter’s Five Forces Analysis Company Market Share- Rooftop Solar PV Systems Market (2014) (%) Rooftop Solar PV Market - Attractiveness Analysis, 2014 Section 4 Global Rooftop Solar PV Market: Application Overview End Use Market Value – Residential and Commercial End Use - Residential Transparency Market Research 4 Rooftop Solar PV Market End Use – Commercial Section 5 Global Rooftop Solar PV Market – Regional Overview Rooftop Solar PV Market - North America Rooftop Solar PV – North America, By Volume, 2014 – 2023 (MW) Rooftop Solar PV Market – North America, By Value, 2014 – 2023 (USD Million) Rooftop Solar PV – Europe Rooftop Solar PV – Europe, By Volume, 2014 – 2023 (MW) Rooftop Solar PV Market – Europe, By Value, 2014 – 2023 (USD Million) Rooftop Solar PV Market – Asia Pacific Rooftop Solar PV Market – Asia Pacific, By Volume, 2014 – 2023 (MW) Rooftop Solar PV Market – Asia Pacific, By Value, 2014 – 2023 (USD Million) Rooftop Solar PV Market – Rest of the World (RoW) Rooftop Solar PV Market – RoW, By Volume, 2014 – 2023 (MW) Rooftop Solar PV Market – RoW, By Value, 2014 – 2023 (USD Million) Section 6 Company Profiles Trina Solar Limited Yingli Green Energy Holding Company Limited Canadian Solar Inc Transparency Market Research 5 Rooftop Solar PV Market Jinko Solar Holding Co., Ltd. SolarWorld AG SunPower Corporation Shunfeng International Clean Energy Limited (SFCE) Hanwha Q CELLS Co Ltd JA Solar Holdings, Co., Ltd. Vivint Solar, Inc. SolarCity Corporation Sungevity Browse Rooftop Solar PV Market Research Report: http://www.transparencymarketresearch.com/rooftop-solar-pv-market.html About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Contact Transparency Market Research 90 State Street, Suite 700, Transparency Market Research 6 Rooftop Solar PV Market Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/ Transparency Market Research 7
According to the latest market study released by Transparency Market Research (TMR) on the global rooftop solar PV market, the market is slated to develop at a CAGR of 11.0% from 2015 to 2023. If the figure holds true, the market, which had a valuation of US$1.7 bn in 2014, will be worth US$4.5 bn by 2023.The title of the report is “Rooftop Solar PV Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2015 - 2023” and it is available for sale on the company website. The reason for the growing utilization of rooftop solar PV systems lies in their foremost advantage as an efficient, emission-free renewable energy source that can be used in both on-grid as well as off-grid systems, says the report. The easy installation of these panels on the rooftop of residential or commercial buildings also adds to the advantage of this energy source.In a typical setup, a rooftop solar PV system comprises solar photovoltaic panels and a combination of energy-centric equipment, which include transformers, monitoring and mounting equipment, and electricity systems, among others. The solar panel is constructed from solar cells utilizing silicon; polycrystalline and monocrystalline are the two major silicon types that are used in the construction of these panels.
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