| Product Code: ETC6190379 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The rooftop solar photovoltaic (PV) market involves the manufacturing, distribution, and sale of PV panels and related components. Australian manufacturers and international suppliers compete to offer efficient and cost-effective PV solutions suited to local conditions. The market benefits from rapid technological innovation, including bifacial panels and higher-efficiency cells, which improve energy yield. Growing consumer awareness about energy independence and environmental impact fuels demand. Additionally, government policies focused on carbon reduction and renewable energy targets support the markets expansion.
The rooftop solar photovoltaic market itself is seeing increasing competition among manufacturers offering diverse panel technologies including monocrystalline, polycrystalline, and bifacial modules. The market benefits from continuous innovation in panel durability, efficiency, and aesthetics. Demand is particularly strong in urban and suburban areas, with commercial and industrial sectors also adopting rooftop PV to meet sustainability targets. Supply chain stabilization and local manufacturing initiatives are enhancing market resilience.
The broader photovoltaic market in Australia must grapple with balancing demand growth against technology lifecycle challenges. Rapid advancements in solar panel technology mean older installations may become obsolete faster, raising concerns about long-term system value. Waste management and recycling of end-of-life panels are emerging issues that the industry has yet to fully address. Price competition from imported panels pressures domestic manufacturers and suppliers, squeezing profit margins. Additionally, consumer awareness and education about product options, warranties, and performance remain inadequate in some segments, limiting market penetration.
In the broader rooftop solar photovoltaic market, investment opportunities extend beyond installation to include PV module manufacturing, component supply chains, and technological R&D. Growing government incentives and corporate sustainability commitments are driving market expansion. Innovations in higher efficiency panels, bifacial modules, and integration with energy management systems are attractive areas for investors seeking to differentiate their offerings. Strategic partnerships with energy companies and technology providers can unlock new business models and revenue streams.
The broader photovoltaic market benefits from national energy strategies that prioritize clean energy. The Renewable Energy Target (RET) policy has played a crucial role in expanding the use of PV technologies across residential and commercial sectors. Moreover, tax incentives, low-interest loans, and zero-emission housing mandates in some states further bolster market growth. This aligns with Australias ambition to reach net-zero emissions by 2050.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Rooftop Solar Photovoltaic Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Rooftop Solar Photovoltaic Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Rooftop Solar Photovoltaic Market - Industry Life Cycle |
3.4 Australia Rooftop Solar Photovoltaic Market - Porter's Five Forces |
3.5 Australia Rooftop Solar Photovoltaic Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Australia Rooftop Solar Photovoltaic Market Revenues & Volume Share, By Grid Type, 2021 & 2031F |
3.7 Australia Rooftop Solar Photovoltaic Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Australia Rooftop Solar Photovoltaic Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about renewable energy and sustainability |
4.2.2 Government incentives and policies supporting solar energy adoption |
4.2.3 Rising electricity prices leading to cost savings with solar PV installations |
4.3 Market Restraints |
4.3.1 Upfront costs of installing rooftop solar PV systems |
4.3.2 Dependence on sunlight availability impacting energy generation |
4.3.3 Technological limitations and efficiency challenges in solar PV systems |
5 Australia Rooftop Solar Photovoltaic Market Trends |
6 Australia Rooftop Solar Photovoltaic Market, By Types |
6.1 Australia Rooftop Solar Photovoltaic Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Australia Rooftop Solar Photovoltaic Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Australia Rooftop Solar Photovoltaic Market Revenues & Volume, By Thin Film, 2021- 2031F |
6.1.4 Australia Rooftop Solar Photovoltaic Market Revenues & Volume, By Crystalline Silicon, 2021- 2031F |
6.1.5 Australia Rooftop Solar Photovoltaic Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Australia Rooftop Solar Photovoltaic Market, By Grid Type |
6.2.1 Overview and Analysis |
6.2.2 Australia Rooftop Solar Photovoltaic Market Revenues & Volume, By On Grid, 2021- 2031F |
6.2.3 Australia Rooftop Solar Photovoltaic Market Revenues & Volume, By Off Grid, 2021- 2031F |
6.3 Australia Rooftop Solar Photovoltaic Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Australia Rooftop Solar Photovoltaic Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.3 Australia Rooftop Solar Photovoltaic Market Revenues & Volume, By Non-Residential, 2021- 2031F |
7 Australia Rooftop Solar Photovoltaic Market Import-Export Trade Statistics |
7.1 Australia Rooftop Solar Photovoltaic Market Export to Major Countries |
7.2 Australia Rooftop Solar Photovoltaic Market Imports from Major Countries |
8 Australia Rooftop Solar Photovoltaic Market Key Performance Indicators |
8.1 Average installation time for rooftop solar PV systems |
8.2 Percentage of households adopting solar PV technology |
8.3 Rate of return on investment for solar PV installations |
9 Australia Rooftop Solar Photovoltaic Market - Opportunity Assessment |
9.1 Australia Rooftop Solar Photovoltaic Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Australia Rooftop Solar Photovoltaic Market Opportunity Assessment, By Grid Type, 2021 & 2031F |
9.3 Australia Rooftop Solar Photovoltaic Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Australia Rooftop Solar Photovoltaic Market - Competitive Landscape |
10.1 Australia Rooftop Solar Photovoltaic Market Revenue Share, By Companies, 2024 |
10.2 Australia Rooftop Solar Photovoltaic Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |