Solar Rooftop Market to Reach Valuation USD 4.14 Billion by 2022 - Crystal Market research

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