Transparency Market Research Rooftop Solar PV Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2015 - 2023 Published Date 06-Oct-2015 78 Page Report Buy Now Request Sample Press Release Global Rooftop Solar PV Installations to See Strong Growth in Residential Sector, reports TMR Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] Rooftop Solar PV Market REPORT DESCRIPTION Rooftop Solar PV Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2015 2023 The top five leading players in the global rooftop solar PV market as of 2014 were Trina Solar, Yingli Green Energy Holding Company Limited, Jinko Solar, Canadian Solar, and SunPower. The cumulative share of these players amounted to 43% in 2014, says Transparency Market Research in a new report. Leading players are focusing on expanding their research and development facilities to develop new products to maintain their domination in the global market, observes TMR. Download the Exclusive report Sample Here :http://bit.ly/2ihPgLj “Companies should work towards realigning their strategies to incorporate vertical integration of their operations to create a strong base of efficient and competitive services,” states the lead author of this research report. Mergers and acquisitions will also be considered by several players to establish their footprint across various other geographical regions and to absorb research and development facilities to improve technical support. TMR recommends players to consider bringing down costs for the price-sensitive countries in developing regions that have a higher need of alternative sources energy to reduce their carbon footprint. Tax Benefits and Energy-efficiency of Solar Systems Augment Growth A large number of commercial and residential spaces are opting for rooftop solar PV systems as they are easy to install and offer an energy-efficient solution to the ongoing energy crisis. Due to technological advancements and wide acceptance of rooftop solar PV systems, these are being used as primary sources of energy instead of alternative sources. The ideal lifespan of rooftop solar PV is over 30 years, which is a strong factor supporting the adoption of these systems in various sectors. The incentives such as tax credits and rebates offered by governments for opting for solar energy as against conventional energy is also bolstering the growth of this market. Transparency Market Research 2 Rooftop Solar PV Market Lack of Smart Grid Infrastructure to Dent Demand for Rooftop Solar PV Systems The lack of smart grid infrastructure is the biggest hurdle in the mass adoption of rooftop solar PV systems. Thus, they still remain a viable option for individual usage purpose than for a large-scale energy supply. This is also hampering the transmission of solar power for electricity purposes. The market is also being held back by the negative sentiment surrounding the net metering policies for this setup. Asia Pacific Takes the Baton from North America to Lead Global Market The report states that the opportunity in the global rooftop solar PV market will be worth US$4.58 bn by 2023 growing from its 2014 valuation of US$1.79 bn in 2014, as the market is anticipated to expand at a CAGR of 11% between 2015 and 2023. The residential buildings segment will be the leading end users of rooftop PV solar systems as the segment is anticipated to exhibit a CAGR of 11.4% between 2015 and 2023. North America is estimated to be the largest regional segment of the global market until the end of the forecast period; however, Asia Pacific is an emerging segment as it is projected to rise at a CAGR of 11.5% during the forecast period. By the end of 2023, the Asia Pacific rooftop solar PV market will be worth US$1.09 bn. This review is based on Transparency Market Research’s report, titled “Rooftop Solar PV Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2015 - 2023.” Key Takeaways: Global rooftop solar PV market to reach a valuation of US$4,584.3 mn by 2023 North America leads global market; Asia Pacific also emerges as a prominent regional segment with an 11.5% CAGR 2015-2023 Residential sector to be the largest end-use segment of the global market, expanding at a CAGR of 11.4% 2015-2023 Transparency Market Research 3 Rooftop Solar PV Market The global rooftop solar PV market has been segmented as follows: Browse the Full “Rooftop Solar PV Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2015 – 2023”Report at :http://www.transparencymarketresearch.com/rooftop-solar-pv-market.html Rooftop Solar PV Market: By End-use • Residential • Commercial Rooftop Solar PV Market: By Region • North America • Europe • Asia Pacific • Rest of the World Transparency Market Research 4 Rooftop Solar PV Market TABLE OF CONTENT Chapter 1 Preface Report Description Market Segmentation Research Scope Research Methodology Section 2 Executive Summary Executive Summary 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 Transparency Market Research 5 Rooftop Solar PV Market 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 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) Transparency Market Research 6 Rooftop Solar PV Market 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 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 All Energy Market Research Reports: http://www.transparencymarketresearch.com/energy-market-reports-3.html Transparency Market Research 7 Rooftop Solar PV Market 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 forward-looking 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, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com/ Browse The Market Research Blog : http://CMFEGlobalReports.blogspot.com/ Transparency Market Research 8
The top five leading players in the global rooftop solar PV market as of 2014 were Trina Solar, Yingli Green Energy Holding Company Limited, Jinko Solar, Canadian Solar, and SunPower. The cumulative share of these players amounted to 43% in 2014. Download the Exclusive Report Sample Here : http://bit.ly/2ihPgLj
© Copyright 2024 Paperzz
