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Global Solar Roofing Market Size study & Forecast, by Type (Thin film, Crystalline, Others), by Grid Type (On-Grid, Off-Grid), by Installation Type (Residential, Commercial, Utility-Scale) and Regional Analysis, 2023-2030

May 2024 | 200 pages | ID: G5D3970A2307EN
Bizwit Research & Consulting LLP

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Global Solar Roofing Market is valued at approximately USD 68.4 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 15.1% over the forecast period 2023-2030. Solar Roofing is a type of roof-mounted electrical system that generates power from solar energy. Solar roofing is a distributed power-generation technique that assists in meeting a building's energy demand while keeping within the boundaries of an existing distribution network. It is fast rising as a result of increased concerns about climate change and rising electricity expenses. This is moving the solar roofing industry ahead, as is the demand for power generation from renewable energy sources, as well as the existence of plentiful solar resources across the world.

Moreover, governments around the world are increasingly investing in renewable energy sources. This investment in renewable energy is leading to the growth of the Solar roofing market, as solar roofing turbines are widely used in residential and small-scale commercial applications. For instance, in Sept. 2021, the U.S. Department of Agriculture revealed that the Department is planning to invest USD 464 million to build or improve renewable energy infrastructure and to assist rural communities, agricultural producers and companies’ lower energy costs in 48 states and Puerto Rico. USD 129 million of these projects have been funded by the USDA under the Rural Electricity for America Program. Also, in September 2022 the Andhra Pradesh State Investment Promotion Board (SIPB) offered investment possibilities for several businesses to increase green energy and The SIPB gave Green Ko permission to spend USD 246 billion in projects utilizing 4,230 MW of total renewable energy potential. Additionally, Advances in solar technology have made solar roofing more efficient also Solar roofing has also given rise to new business models such as solar leasing and power purchase agreements. However, High installation prices and the requirement for roof-mounted solar panel maintenance limit market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Solar Roofing Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 Owing to the increase in carbon footprint, the U.S. Government has implemented stringent environmental regulations regarding the usage of fossil fuels and is encouraging the use of photovoltaic energy by enforcing policies According to Solar Energy Industry Association (SEIA) in 2021, the utility-scale cumulative U.S. solar installations is around 77,741 MWdc. Asia Pacific is expected to grow significantly during the forecast period, owing due to widespread use of solar energy in the generation of electricity for standalone systems and rural electrification also rising levels of disposable income, population growth, and rapid urbanisation, as well as increased awareness of energy efficiency and environmental development.

Major market player included in this report are:
First Solar, Inc.
Hanwha Q-cells
LONGi
Trina solar
JA Solar Holdings
SunPower Corporation
Indosolar Ltd
Canadian Solar Inc.
e-ton solar technology Co Ltd.
Jinko Solar Holding Co., Ltd.
Recent Developments in the Market:
In January 2023, the unique Timberline Solar roof was made available to Austin area homeowners by GAF Energy, a Standard Industries affiliate and the industry's top supplier of solar roofing. Timberline Solar is the only option that directly blends solar technology with traditional roofing techniques and materials. The Timberline Solar Energy Shingle ES, the first mailable solar shingle ever created, is part of this ground-breaking system and is produced in the United States at GAF Energy's production and development facility.
In October 2022, the Delhi government made an announcement on utilising neighbourhood solar roofs. Businesses and organisations would be able to generate power without needing rooftop space. Additionally, a joint venture between the governments of Rajasthan and the Union called for bids to commission 50 MW of grid-connected rooftop and small ground-mounted solar, which presents an opportunity for Indian businesses to set up rooftop projects.
Global Solar Roofing Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Type, Grid Type, Installation Type, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Thin film
Crystalline
Others

By Grid Type:
On-Grid
Off-Grid

By Installation Type:
Residential
Commercial
Utility-Scale

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
  1.2.1. Solar Roofing Market, by Region, 2020-2030 (USD Billion)
  1.2.2. Solar Roofing Market, by Type, 2020-2030 (USD Billion)
  1.2.3. Solar Roofing Market, by Grid Type, 2020-2030 (USD Billion)
  1.2.4. Solar Roofing Market, by Installation Type, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL SOLAR ROOFING MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Industry Evolution
  2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL SOLAR ROOFING MARKET DYNAMICS

3.1. Solar Roofing Market Impact Analysis (2020-2030)
  3.1.1. Market Drivers
    3.1.1.1. Growing awareness about renewable energy
    3.1.1.2. Increasing demand for solar energy
  3.1.2. Market Challenges
    3.1.2.1. High Installation Cost of Solar Roofing
  3.1.3. Market Opportunities
    3.1.3.1. Advancements in Solar Technology

CHAPTER 4. GLOBAL SOLAR ROOFING MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
  4.3.5. Environmental
  4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL SOLAR ROOFING MARKET, BY TYPE

5.1. Market Snapshot
5.2. Global Solar Roofing Market by Type, Performance - Potential Analysis
5.3. Global Solar Roofing Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Solar Roofing Market, Sub Segment Analysis
  5.4.1. Thin film
  5.4.2. Crystalline
  5.4.3. Others

CHAPTER 6. GLOBAL SOLAR ROOFING MARKET, BY GRID TYPE

6.1. Market Snapshot
6.2. Global Solar Roofing Market by Grid Type, Performance - Potential Analysis
6.3. Global Solar Roofing Market Estimates & Forecasts by Grid Type 2020-2030 (USD Billion)
6.4. Solar Roofing Market, Sub Segment Analysis
  6.4.1. On-Grid
  6.4.2. Off-Grid

CHAPTER 7. GLOBAL SOLAR ROOFING MARKET, BY INSTALLATION TYPE

7.1. Market Snapshot
7.2. Global Solar Roofing Market by Installation Type, Performance - Potential Analysis
7.3. Global Solar Roofing Market Estimates & Forecasts by Installation Type 2020-2030 (USD Billion)
7.4. Solar Roofing Market, Sub Segment Analysis
  7.4.1. Residential
  7.4.2. Commercial
  7.4.3. Utility-Scale

CHAPTER 8. GLOBAL SOLAR ROOFING MARKET, REGIONAL ANALYSIS

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Solar Roofing Market, Regional Market Snapshot
8.4. North America Solar Roofing Market
  8.4.1. U.S. Solar Roofing Market
    8.4.1.1. Type breakdown estimates & forecasts, 2020-2030
    8.4.1.2. Grid Type breakdown estimates & forecasts, 2020-2030
    8.4.1.3. Installation Type breakdown estimates & forecasts, 2020-2030
  8.4.2. Canada Solar Roofing Market
8.5. Europe Solar Roofing Market Snapshot
  8.5.1. U.K. Solar Roofing Market
  8.5.2. Germany Solar Roofing Market
  8.5.3. France Solar Roofing Market
  8.5.4. Spain Solar Roofing Market
  8.5.5. Italy Solar Roofing Market
  8.5.6. Rest of Europe Solar Roofing Market
8.6. Asia-Pacific Solar Roofing Market Snapshot
  8.6.1. China Solar Roofing Market
  8.6.2. India Solar Roofing Market
  8.6.3. Japan Solar Roofing Market
  8.6.4. Australia Solar Roofing Market
  8.6.5. South Korea Solar Roofing Market
  8.6.6. Rest of Asia Pacific Solar Roofing Market
8.7. Latin America Solar Roofing Market Snapshot
  8.7.1. Brazil Solar Roofing Market
  8.7.2. Mexico Solar Roofing Market
8.8. Middle East & Africa Solar Roofing Market
  8.8.1. Saudi Arabia Solar Roofing Market
  8.8.2. South Africa Solar Roofing Market
  8.8.3. Rest of Middle East & Africa Solar Roofing Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Key Company SWOT Analysis
  9.1.1. Company
  9.1.2. Company
  9.1.3. Company
9.2. Top Market Strategies
9.3. Company Profiles
  9.3.1. First Solar, Inc.
    9.3.1.1. Key Information
    9.3.1.2. Overview
    9.3.1.3. Financial (Subject to Data Availability)
    9.3.1.4. Product Summary
    9.3.1.5. Recent Developments
  9.3.2. Hanwha Q-cells
  9.3.3. LONGi
  9.3.4. Trina solar
  9.3.5. JA Solar
  9.3.6. SunPower Corporation
  9.3.7. Indosolar Ltd
  9.3.8. Canadian Solar
  9.3.9. e-ton solar
  9.3.10. Jinko Solar Holding Co., Ltd.

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Solar Roofing Market, report scope
TABLE 2. Global Solar Roofing Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Solar Roofing Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 4. Global Solar Roofing Market estimates & forecasts by Grid Type 2020-2030 (USD Billion)
TABLE 5. Global Solar Roofing Market estimates & forecasts by Installation Type 2020-2030 (USD Billion)
TABLE 6. Global Solar Roofing Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Solar Roofing Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Solar Roofing Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Solar Roofing Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Solar Roofing Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Solar Roofing Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Solar Roofing Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Solar Roofing Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Solar Roofing Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Solar Roofing Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Solar Roofing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Solar Roofing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Solar Roofing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Solar Roofing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Solar Roofing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Solar Roofing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Solar Roofing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Solar Roofing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Solar Roofing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Solar Roofing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Solar Roofing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Solar Roofing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Solar Roofing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Solar Roofing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Solar Roofing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Solar Roofing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Solar Roofing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Solar Roofing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Solar Roofing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Solar Roofing Market
TABLE 71. List of primary sources, used in the study of global Solar Roofing Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered
List of tables and figures are dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Solar Roofing Market, research methodology
FIG 2. Global Solar Roofing Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Solar Roofing Market, key trends 2022
FIG 5. Global Solar Roofing Market, growth prospects 2023-2030
FIG 6. Global Solar Roofing Market, porters 5 force model
FIG 7. Global Solar Roofing Market, pest analysis
FIG 8. Global Solar Roofing Market, value chain analysis
FIG 9. Global Solar Roofing Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Solar Roofing Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Solar Roofing Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Solar Roofing Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Solar Roofing Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Solar Roofing Market, regional snapshot 2020 & 2030
FIG 15. North America Solar Roofing Market 2020 & 2030 (USD Billion)
FIG 16. Europe Solar Roofing Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Solar Roofing Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Solar Roofing Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Solar Roofing Market 2020 & 2030 (USD Billion)
List of tables and figures are dummy in nature, final lists may vary in the final deliverable


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