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Global Rooftop Solar Market 2020-2024

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    Report

  • 120 Pages
  • December 2020
  • Region: Global
  • TechNavio
  • ID: 5232279
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The rooftop solar market is poised to grow by 11.36 GW during 2020-2024 progressing at a CAGR of 6% during the forecast period.

This report on the rooftop solar market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment.

The market is driven by the increasing electricity prices, favorable policies for adoption of rooftop solar systems and decline in solar module prices. In addition, increasing electricity prices is anticipated to boost the growth of the market as well.

The rooftop solar market analysis includes application segment and geographical landscapes.

The rooftop solar market is segmented as below:

By Application
  • Non-residential
  • Residential

By Geographical Landscapes
  • APAC
  • Europe
  • North America
  • MEA
  • South America

This study identifies the growing focus toward self-consumption as one of the prime reasons driving the rooftop solar market growth during the next few years. Also, adoption of solar as hybrid power systems and development of zero energy buildings will lead to sizable demand in the market.
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The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

This report on the rooftop solar market covers the following areas:
  • Rooftop solar market sizing
  • Rooftop solar market forecast
  • Rooftop solar market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading rooftop solar market vendors that include Canadian Solar Inc., Hanwha Group, LG Electronics Inc., Panasonic Corp., Schneider Electric SE, SCHOTT AG, Sharp Corp., Tata Sons Pvt. Ltd., Tesla Inc., and Trina Solar Co. Ltd. Also, the rooftop solar market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary.

The analyst's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.

Table of Contents

Executive Summary
  • Market Overview
Market Landscape
  • Market ecosystem
  • Value chain analysis
Market Sizing
  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019-2024
Five Forces Analysis
  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
Market Segmentation by Application
  • Market segments
  • Comparison by Application
  • Non-residential - Market size and forecast 2019-2024
  • Residential - Market size and forecast 2019-2024
  • Market opportunity by Application
Customer Landscape
Geographic Landscape
  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends
Vendor Landscape
  • Overview
  • Vendor landscape
  • Landscape disruption
Vendor Analysis
  • Vendors covered
  • Market positioning of vendors
  • Canadian Solar Inc.
  • Hanwha Group
  • LG Electronics Inc.
  • Panasonic Corp.
  • Schneider Electric SE
  • SCHOTT AG
  • Sharp Corp.
  • Tata Sons Pvt. Ltd.
  • Tesla Inc.
  • Trina Solar Co. Ltd.
Appendix
  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

List of Exhibits
1: Key Finding 1
2: Key Finding 2
3: Key Finding 3
4: Key Finding 5
5: Key Finding 6
6: Key Finding 7
7: Key Finding 8
8: Parent market
9: Market characteristics
10: Offerings of vendors included in the market definition
11: Market segments
12: Global - Market size and forecast 2019-2024 (GW)
13: Global market: Year-over-year growth 2019-2024 (%)
14: Five forces analysis 2019 & 2024
15: Bargaining power of buyers
16: Bargaining power of suppliers
17: Threat of new entrants
18: Threat of substitutes
19: Threat of rivalry
20: Market condition - Five forces 2019
21: Application - Market share 2019-2024 (%)
22: Comparison by Application
23: Non-residential - Market size and forecast 2019-2024 (GW)
24: Non-residential - Year-over-year growth 2019-2024 (%)
25: Residential - Market size and forecast 2019-2024 (GW)
26: Residential - Year-over-year growth 2019-2024 (%)
27: Market opportunity by Application
28: Customer Landscape
29: Market share by geography 2019-2024 (%)
30: Geographic comparison
31: APAC - Market size and forecast 2019-2024 (GW)
32: APAC - Year-over-year growth 2019-2024 (%)
33: Europe - Market size and forecast 2019-2024 (GW)
34: Europe - Year-over-year growth 2019-2024 (%)
35: North America - Market size and forecast 2019-2024 (GW)
36: North America - Year-over-year growth 2019-2024 (%)
37: MEA - Market size and forecast 2019-2024 (GW)
38: MEA - Year-over-year growth 2019-2024 (%)
39: South America - Market size and forecast 2019-2024 (GW)
40: South America - Year-over-year growth 2019-2024 (%)
41: Key leading countries
42: Market opportunity by geography (GW)
43: Impact of drivers and challenges
44: Vendor landscape
45: Landscape disruption
46: Industry risks
47: Vendors covered
48: Market positioning of vendors
49: Canadian Solar Inc. - Overview
50: Canadian Solar Inc. - Business segments
51: Canadian Solar Inc. - Key offerings
52: Canadian Solar Inc. - Key customers
53: Canadian Solar Inc. - Segment focus
54: Hanwha Group - Overview
55: Hanwha Group - Product and service
56: Hanwha Group - Key offerings
57: Hanwha Group - Key customers
58: Hanwha Group - Segment focus
59: LG Electronics Inc. - Overview
60: LG Electronics Inc. - Business segments
61: LG Electronics Inc. - Key offerings
62: LG Electronics Inc. - Key customers
63: LG Electronics Inc. - Segment focus
64: Panasonic Corp. - Overview
65: Panasonic Corp. - Business segments
66: Panasonic Corp. - Key offerings
67: Panasonic Corp. - Key customers
68: Panasonic Corp. - Segment focus
69: Schneider Electric SE - Overview
70: Schneider Electric SE - Business segments
71: Schneider Electric SE - Key offerings
72: Schneider Electric SE - Key customers
73: Schneider Electric SE - Segment focus
74: SCHOTT AG - Overview
75: SCHOTT AG - Business segments
76: SCHOTT AG - Key offerings
77: SCHOTT AG - Key customers
78: SCHOTT AG - Segment focus
79: Sharp Corp. - Overview
80: Sharp Corp. - Business segments
81: Sharp Corp. - Key offerings
82: Sharp Corp. - Key customers
83: Sharp Corp. - Segment focus
84: Tata Sons Pvt. Ltd. - Overview
85: Tata Sons Pvt. Ltd. - Business segments
86: Tata Sons Pvt. Ltd. - Key offerings
87: Tata Sons Pvt. Ltd. - Key customers
88: Tata Sons Pvt. Ltd. - Segment focus
89: Tesla Inc. - Overview
90: Tesla Inc. - Business segments
91: Tesla Inc. - Key offerings
92: Tesla Inc. - Key customers
93: Tesla Inc. - Segment focus
94: Trina Solar Co. Ltd. - Overview
95: Trina Solar Co. Ltd. - Product and service
96: Trina Solar Co. Ltd. - Key offerings
97: Trina Solar Co. Ltd. - Key customers
98: Trina Solar Co. Ltd. - Segment focus
99: Currency conversion rates for US$
100: Research Methodology
101: Validation techniques employed for market sizing
102: Information sources
103: List of abbreviations

Executive Summary

The analyst recognizes the following companies as the key players in the global rooftop solar market: Canadian Solar Inc., Hanwha Group, LG Electronics Inc., Panasonic Corp., Schneider Electric SE, SCHOTT AG, Sharp Corp., Tata Sons Pvt. Ltd., Tesla Inc., and Trina Solar Co. Ltd..

According to one of the team's analysts: The latest trend gaining momentum in the market is growing focus toward self-consumption.

According to the report, one of the major drivers for this market is the increasing electricity prices.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Canadian Solar Inc.
  • Hanwha Group
  • LG Electronics Inc.
  • Panasonic Corp.
  • Schneider Electric SE
  • SCHOTT AG
  • Sharp Corp.
  • Tata Sons Pvt. Ltd.
  • Tesla Inc.
  • Trina Solar Co. Ltd.