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Rooftop Solar PV Module Market Size
- Report ID: GMI5846
- Published Date: May 2023
- Report Format: PDF
Rooftop Solar PV Module Market Size
Rooftop Solar PV Module Market size was valued at USD 65.24 billion in 2023 and is estimated to grow at 6.1% CAGR from 2024 to 2032. A rooftop solar PV module is specifically designed to be installed on the rooftop of a building or a structure. It is a device that converts sunlight into electricity using semiconductor materials, such as silicon, that generate a direct current (DC) when exposed to light. The global market for solar photovoltaic module is set to cross USD 253 billion by 2032.
Increasing awareness about climate change and the need to reduce greenhouse gas emissions has driven the adoption of renewable energy sources like solar power. Gradual deployment of improved efficiency power generation units, coupled with rising consumer demand for PV solar, will accelerate the business landscape.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Rooftop Solar PV Module Market Size in 2023: | USD 65.24 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 6.1% |
| 2032 Value Projection: | USD 110.57 Billion |
| Historical Data for: | 2019 to 2023 |
| No. of Pages: | 200 |
| Tables, Charts & Figures: | 1,412 |
| Segments covered: | Technology, Product, Connectivity, Mounting, End-Use, Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Rooftop Solar PV Module Market Scope
