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Rooftop Solar EPC Market Trends

Report ID: GMI11012
Published Date: Aug 2024
Report Format: PDF

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Rooftop Solar EPC Market Trends

The rooftop solar EPC industry is expected to continue growing, driven by technological advancements, increasing environmental awareness, and supportive government policies. The integration of energy storage and advancements in smart grid technology will further bolster the market's development. Increasing demand across various sectors including residential, small commercial buildings and industrial facilities along with technological advancements comprising of advances in solar panel efficiency will positively impact the business dynamics.

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of rooftop solar EPC was worth over USD 116.6 billion in 2023 and will grow at a 4.5% CAGR through 2032, facilitating the seamless adoption of solar energy systems for various property owners.

10 to 50 kW segment is anticipated to account for more than USD 51.3 billion by 2032, driven by reduced energy costs and enhanced sustainability credentials.

Europe rooftop solar EPC market is set to be worth more than USD 54.5 billion by 2032, owing to a strong commitment to renewable energy and sustainability.

BELECTRIC, Canadian Solar, CHINT Group, CJR Renewables, Eternia Solar, Goldi Solar, Inc., Jakson, JUWI, Mahindra Susten, TATA POWER SOLAR, VIKRAM SOLAR LTD., and Waaree Energies Ltd.