India is witnessing huge investments in the renewable energy sector in order to meet the growing domestic demand for energy and reduce the carbon footprint. The country has high solar insolation making solar power one of the viable renewable sources of energy. An increase in adoption of solar power from the industrial & commercial segment coupled with an aggressive push by the government has resulted in the growth of India Solar Rooftop Systems Market.According to 6Wresearch, India Solar Rooftop Systems Market revenue is projected to grow at a CAGR of 31.92% during 2016-22. In India, the CAPEX business model accounted for a major revenue share in the overall market in 2015. In terms of connectivity, on-grid solar rooftop systems generated key market revenues; however, the trend is expected to shift towards the off-grid segment in the forecast period.Amongst all end users, the Industrial & Commercial end-user segment leads and is anticipated to dominate through the forecast period followed by the government segment. In 2015, Maharashtra emerged as the key state contributing to the growth of India's Solar Rooftop Systems Market followed by Uttar Pradesh and Tamil Nadu.The report thoroughly covers the solar rooftop systems market by business models, connectivity type, end-user, and states. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers, which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.
India solar rooftop system market is anticipated to register sound revenues throughout the forecast period owing to the rising renewable energy production rate in the country. Whereas, the government is taking massive initiative in the development of solar panels to meet the energy demand underpinned by the increased concern towards the environment degradation could with the increase in the need for energy consumption with the growing urban population especially transportation and commercial sector consumes the most energy, as a result, is likely to increase the demand for solar panel installation which is estimated to contribute the growth for the solar rooftop system in the country.
Key Highlights of the Report:
• Historical Data of India Solar Rooftop Systems Market Revenues for the Period 2013-2015.
• Market Size & Forecast of India Solar Rooftop Systems Market Revenues until 2022.
• Historical Data of India Solar Rooftop Systems Market Revenues by Business Models for the Period 2013-2015.
• Market Size & Forecast of India Solar Rooftop Systems Market Revenues by Business Models until 2022.
• Historical Data of India Solar Rooftop Systems Market Revenues by Connectivity Type for the Period 2013-2015.
• Market Size & Forecast of India Solar Rooftop Systems Market Revenues by Connectivity Type until 2022.
• Historical Data of India Solar Rooftop Systems Market Revenues by End-User for the Period 2013-2015.
• Market Size & Forecast of India Solar Rooftop Systems Market Revenues by End-User until 2022.
• Historical Data of India Solar Rooftop Systems Market Revenues by States for 2015.
• Market Drivers and Restraints.
• State Profiles.
• Regulatory Framework.
• Players Market Share.
• Company Profiles.
• Key Strategic Pointers
Market Covered
The report provides a detailed analysis of the following market segments:
• India Solar Rooftop Systems Market,
By Business Model:
o CAPEX
o OPEX
• By Connectivity Type:
o On-Grid Solar Rooftop Systems
o Off-Grid Solar Rooftop Systems
• By End-User:
o Residential
o Commercial & Industrial
o Government
• By Regions:
o Northern Region
o Southern Region
o Western Region
o Eastern Region
• By Key States:
o Tamil Nadu
o Gujarat
o Maharashtra
o Punjab
o Karnataka
o Andhra Pradesh
o Haryana
o Madhya Pradesh
o Rajasthan
o Uttar Pradesh
