Rooftop Solar PV Market Leading Players Analysis, Market status, Key Players and Demand by 2023

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The global rooftop solar photovoltaic (PV) market is growing significantly, due to the stringent environmental regulations across the globe, and increased awareness for the usage of solar energy around the world.

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Moreover, the high rate of depletion of conventional energy sources, upsurge in the demand for reducing greenhouse gases, and massive unexplored rooftop solar PV market in developing countries, are creating ample opportunities for the growth of the global Roof top solar PV market, during the forecast period.

However, the high investment required for the installation of rooftop solar PV systems, lack of standardization of rooftop solar PV systems, and limited financing schemes by banks are restraining the growth of the global rooftop solar PV market to some extent.

Geographically, Europe leads the global rooftop solar PV market, owing to the high adoption of solar energy and increasing compliance for green energy. In addition, the different governments in European countries are providing tax benefits to the manufacturers of solar panels, which is fueling the growth of the rooftop solar PV market in the region.

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The key players operating in the global rooftop solar PV market are Hanwha Q CELLS Co. Ltd., JA SOLAR Holdings Co. Ltd., SolarCity Corporation, Sungevity, Shunfeng International Clean Energy Limited, SunPower Corporation, SolarWorld AG, JinkoSolar Holding Co. Ltd., Yingli Green Energy Holding Company Limited, Trina Solar Limited, and Canadian Solar Inc.

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