Solar Rooftop Sales Market Overview
The worldwide solar rooftop market is a very dynamic market. It is likely to experience increased growth during the forecast period. A solar rooftop photo voltaic (PV) system transforms sun
Solar rooftop systems have been leading the renewable energy market due to its growing demand from its end-use markets. The worldwide growing demand for solar systems, mostly in residential rooftop usage is also fuelling the solar rooftop market. The worldwide solar rooftop market is estimated to develop at 20.14% CAGR over the forecast period.
Also Read: http://www.marketwatch.com/story/covid—19-impact-on-solar-rooftop-sales-market-2020-development-strategy-emerging-opportunities-sales-revenue-business-growth-top-company-profile-forecast-to-2023-2020-08-05
Solar rooftop units can either link to the grid, or they can be off grid with battery storage. They are applied in commercial, industrial and residential purposes with system ratings of up to 11 kW
Since last decade, a consistent drop in the prices of key elements such as, poly-silicone and silver has been driving the solar systems market since poly-silicone and silver find wide application in the manufacturing technique of solar cells. Solar rooftop systems play crucial role in reducing harmful emissions, reducing the overall energy bills, and conducting noise less operations. A consistent drop in the prices of industrial commodities employed to create solar panels coupled with the surging inflation in natural gas & electricity, is playing a significant role in encouraging the growth of the global solar rooftop market.
Global Solar Rooftop Sales Market Segmentation
The global solar rooftop market has been segmented based on connectivity, end-users, and capacity.
Based on capacity, the global solar rooftop market has been segmented into >10 kW, 11 kW-100 kW, and 10 kW, 11 kW-100 kW, and