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Global Rooftop Solar Panel Market 2021: Top Industry Players, Growth Report to 2027

04-16-2021 03:29 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The global rooftop solar panel market is anticipated to grow at a CAGR of nearly 8.2% during the forecast period. Market players are highly inclined towards the adoption of different growth strategies including capacity expansion, mergers and acquisitions, new product launches, and geographical expansion, to remain competitive in the marketplace. For instance, in January 2021, Leeward Renewable Energy, LLC, a renewable energy company, declared a purchase and sale agreement with First Solar, Inc. Under the agreement, leeward acquired a utility-scale solar project platform of approximately 10-gigawatts (GW) AC from First Solar.

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In addition, leeward acquired the US project development platform of the company, which includes the 773MW of the Rabbitbrush, Madison, Oak Trail, Horizon, and Ridgely projects. The construction of these projects is expected to occur in the next two years, as well as includes the 30 MWAC Barilla Solar project, which is operational. This acquisition will enable Leeward to expand its geographical footprint in the US. Further, in June 2020, Canadian Solar Inc. declared the launch of next-generation PV modules across the globe. This launch of the solar PV models propels solar energy to achieve ever lower Levelized cost-of electricity (LCOE). These strategic initiatives will further accelerate innovations in rooftop solar panels and thereby will drive market growth.

A Full Report of Global Rooftop Solar Panel Market is Available at: https://www.omrglobal.com/industry-reports/rooftop-solar-panel-market

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global Rooftop Solar Panel Market Report Segment

By Type

Monocrystalline Silicon Rooftop Solar Panel
Polycrystalline Silicon Rooftop Solar Panel
Thin-Film Rooftop Solar Panel

o Amorphous Silicon (a-Si)

o Cadmium Telluride (CdTe)

o Copper Indium Gallium Selenide (CIS/CIGS)

Others

By End-User

Household Sector
Corporate Sector

Global Rooftop Solar Panel Market Report Segment by Region

North America

US
Canada

Europe

Germany
UK
France
Spain
Italy
Rest of Europe

Asia-Pacific

China
Japan
India
Rest of Asia-Pacific

Rest of the World

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/rooftop-solar-panel-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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