Solar Rooftop Market to Reach Valuation USD 4.14 Billion by 2022 - Crystal Market research
In 2012, the Solar Rooftop Market was valued around USD 1.48 billion and is anticipated to reach approximately USD 4.14 billion by 2022, while registering at a significant compound annual growth rate (CAGR) of 9.70% during the forecast period.
In 2012, the Solar Rooftop Market was valued around USD 1.48 billion and is anticipated to reach approximately USD 4.14 billion by 2022, while registering at a significant compound annual growth rate (CAGR) of 9.70% during the forecast period.
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<strong>Solar</strong> <strong>Roof<strong>to</strong>p</strong> <strong>Market</strong>: Global Industry Expected <strong>to</strong> Grow at CAGR<br />
9.70% and Forecast <strong>to</strong> <strong>2022</strong><br />
The latest trending report published <strong>by</strong> <strong>Crystal</strong> <strong>Market</strong> Research titled, <strong>Solar</strong> <strong>Roof<strong>to</strong>p</strong> <strong>Market</strong><br />
approximates that the <strong>Solar</strong> <strong>Roof<strong>to</strong>p</strong> <strong>Market</strong> size is estimated <strong>to</strong> flourish at a significant CAGR<br />
in the future, and this is attributed <strong>to</strong> the escalation in need for this product across the globe<br />
along with novel innovations in the market.<br />
Report Overview:<br />
In 2012, the <strong>Solar</strong> <strong>Roof<strong>to</strong>p</strong> <strong>Market</strong> was valued around <strong>USD</strong> 1.48 billion and is anticipated <strong>to</strong><br />
reach approximately <strong>USD</strong> <strong>4.14</strong> billion <strong>by</strong> <strong>2022</strong>, while registering at a significant compound<br />
annual growth rate (CAGR) of 9.70% during the forecast period.<br />
For more information, click on the below link @<br />
https://www.crystalmarket<strong>research</strong>.com/report/solar-roof<strong>to</strong>p-market<br />
A solar roof<strong>to</strong>p transforms the light energy from the sun in<strong>to</strong> electrical energy with the help of<br />
solar panels mounted on the roof on any construction. These roof<strong>to</strong>p solar panels can either be<br />
off-grid with the battery s<strong>to</strong>rage or connected <strong>to</strong> the grid. They are used in several commercial,<br />
residential and industrial purposes along with system ratings of up <strong>to</strong> 10 kW, 11kW-100MW and<br />
over 100 MW, respectively. The extreme need for energy in the face of diminishing fossil fuels,<br />
has resulted in application of solar roof<strong>to</strong>p panels in many segments. Apart from rendering<br />
energy efficient solutions, these solar panels are also easy and user-friendly <strong>to</strong> install. In the<br />
recent past, the demand for solar roof<strong>to</strong>ps is has progressively increased and is projected <strong>to</strong> grow<br />
with a striking profit.<br />
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<strong>Solar</strong> roof<strong>to</strong>ps particularly in the residential application is propelling this market further. In the<br />
past decade, there has been a steady downfall in the cost of major elements such as poly-silicone,<br />
silver that are used in the process of manufacturing of solar cells. Owing <strong>to</strong> higher electricity<br />
generating capacity, roof<strong>to</strong>p solar panels are becoming a priority option for alternate energy,<br />
surpassing other green sources of energy.<br />
Regional Outlook:<br />
North America is accountable for major market share in the global segment of solar roof<strong>to</strong>p<br />
owing <strong>to</strong> fast adaptation of the TPO model. Moreover, this region is predicted <strong>to</strong> maintain its<br />
predominant share owing <strong>to</strong> roof<strong>to</strong>p installations garnering further traction.<br />
Top Major <strong>Market</strong> Players:<br />
The major market players of the global solar roof<strong>to</strong>p market are Trina <strong>Solar</strong> (China), SMA <strong>Solar</strong><br />
Technology AG (Germany), <strong>Solar</strong>World AG (Germany), Yingli Green Energy Holding<br />
Company Limited (China), Shunfeng International Clean Energy Limited. (China), Canadian<br />
<strong>Solar</strong> Inc. (Canada)<br />
Report’s Magnitude:<br />
This report contains Segment wise in-depth analysis in terms several segments along with market<br />
size forecasts and approximations <strong>to</strong> observe significant areas of industry growth in detail.<br />
Additionally, an executive summary, summarizing the entire report in such a way that decisionmaking<br />
team can speedily become familiar with background information, summarizing analysis<br />
and main conclusions.<br />
Get Sample Copy of the Report here @ https://www.crystalmarket<strong>research</strong>.com/reportsample/EM10251<br />
About <strong>Crystal</strong> <strong>Market</strong> Research:<br />
<strong>Crystal</strong> offers one s<strong>to</strong>p solution for market <strong>research</strong>, business intelligence, and consulting<br />
services <strong>to</strong> help clients make more informed decisions. It provides both syndicated as well as<br />
cus<strong>to</strong>mized <strong>research</strong> studies for its cus<strong>to</strong>mers spread across the globe. The company offers<br />
market intelligence reports across a broad range of industries including healthcare, chemicals &<br />
materials, technology, au<strong>to</strong>motive, and energy.<br />
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