Global Rooftop Solar Market 2018-2022| Key Facts and Figures| Technavio
LONDON--(BUSINESS WIRE)--Sep 28, 2018--According to the market research report released by Technavio, the global rooftop solar market is expected to post at a CAGR of over 9% during the forecast period. However, the growth momentum of the market is expected to decelerate due to a decline in the year-over-year growth.
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According to the market research report released by Technavio, the global rooftop solar market is expected to post at a CAGR of over 9% until 2022. (Graphic: Business Wire)
This research report titled ’ ’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
The market research analysis categorizes the global off-grid solar power systems market into the following applications:Non-residential Residential
In 2017, the non-residential segment accounted for 62% of the global market and is projected to decline to 60% by 2022, exhibiting almost 2% decrease in market share.
Global rooftop solar market: Top emerging trend
The growing focus toward self-consumption is an emerging trend in the rooftop solar market space. Solar PVs are one of the most commonly used distributed generation technology. They are located at the source of power consumption, and therefore, provide reliable power to the users. These distributed solar PV units can be connected to the power for supplying excess power to the grid or stay independent and consume the entire power by themselves. End-users are moving toward self-generation of power as they are less affected when the grid power fails, saves energy costs due to improved efficiency, and have a greater control over the power generation resources.
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Technavio’s report provides expert market research on the following topics:
Executive ReportMarket Outline Global Rooftop Solar Market Overview
Market InsightsMarket Sizing and Forecasts Market Growth Market Drivers and Challenges Key Emerging Trends
Market Segmentation AnalysisRegional comparison (APAC, Americas, and EMEA) Key leading countries Market segmentation by applications (non-residential and residential)
Vendor LandscapeVendor classification Market positioning of vendors Competitive scenario Analysis of top vendors (Canadian Solar, Hanwha Group, JA SOLAR, JinkoSolar, and Trina Solar)
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SOURCE: Technavio Research
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PUB: 09/28/2018 06:16 AM/DISC: 09/28/2018 06:16 AM