MarketResearchNest.com adds “Global Rooftop Solar Market 2018-2022” new report to its research database. The report spread across 111 pages with table and figures in it.
About Rooftop Solar
Rooftop solar systems are standalone systems that help households to generate power for self-consumption or transfer the power to the grid, in exchange for some small fees. These systems can be paired with energy storage systems to be self-sufficient and stay independent of the grid.
Research analysts forecast the global rooftop solar market’s CAGR is expected to be more than 9%, however, the market’s growth momentum will decelerate owing to a decrease in the year over year growth.
Covered in this report
The report covers the present scenario and the growth prospects of the global rooftop solar market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
Browse full table of contents and data tables at https://www.marketresearchnest.com/Global-Rooftop-Solar-Market-2018-2022.html
The market is divided into the following segments based on geography:
Research report, Global Rooftop Solar Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Research recognizes the following companies as the key players in the global rooftop solar market: Canadian Solar, Hanwha Group, JA SOLAR, JinkoSolar, and Trina Solar.
Commenting on the report, an analyst from Research team said: “One trend in the market is growing focus toward self-consumption. Owing to benefits such as limited effect during the failure of grid power, costs savings due to enhanced efficiency, and greater control over power generation resources, there is a major shift towards the preference of self-generation of power.
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According to the report, one driver in the market is increasing electricity prices. The demand for electricity has increased due to the growing population and rapid urbanization across the world. To meet the growing power requirement, utilities are running power plants at full capacity to generate more power from the existing infrastructure.
Further, the report states that one challenge in the market is intermittency of solar power. The cost of solar power modules has witnessed a multiyear decline, which has increased the PV adoption, leading to thousands of installations every year.
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.
Key questions answered in this report
– What will the market size be in 2022 and what will the growth rate be?
– What are the key market trends?
– What is driving this market?
– What are the challenges to market growth?
– Who are the key vendors in this market space?
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Mr. Jeet Jain