Rooftop Solar Market Size in India | Industry Trends & Growth Insights 2025

Code: MTA10240 Publication Date: Oct 2025

What is the Growth Rate of the India Rooftop Solar Market?

According to 6Wresearch internal database and industry insights, India Rooftop Solar Market is expanding at a CAGR of 11.7% during the forecast period 2025-2031.

There are numbers of factors which are contributing in the expansion of the market include rising electricity demand, increasing government incentives for solar adoption, growing awareness about renewable energy benefits, and reduction in solar panel costs which is making installations more affordable for residential, commercial, and industrial consumers.

Key Growth Drivers of the India Rooftop Solar Market

  • The demand for renewable and sustainable energy sources is increasing
  • Government subsidies and net metering policies are encouraging adoption
  • The rising investments from residential and industrial consumers
  • Growing need for energy independence and reduced electricity bills
  • Supportive regulatory framework for distributed solar generation

India Rooftop Solar Market Trends

India Rooftop Solar Market is witnessing major growth with notable trends such as the increasing adoption of grid-connected rooftop systems in residential and commercial sectors. The demand for energy storage integration is rising to enhance power reliability. Furthermore, digital monitoring and AI-based performance analytics are being deployed to improve operational efficiency. The use of lightweight and high-efficiency solar modules is expanding. Additionally, corporate and institutional buildings are increasingly switching to rooftop solar systems to meet sustainability goals and reduce operational costs.

Emerging Developments in the India Rooftop Solar Market

India Rooftop Solar Market is evolving with continuous advancements in solar technology and financing models. The introduction of innovative business models such as RESCO (Renewable Energy Service Company) and leasing options is encouraging greater adoption. By collaborating, solar developers and distribution companies are making it easier for solar power to be used on the grid. More people are using hybrid solar systems with battery storage to get power all the time. Also, smart inverter technology and IoT-enabled systems are being used to make things work better and to keep an eye on things from far away. The growth of rooftop solar in schools, hospitals, and rural areas is also increasing.

List of Leading Companies in the India Rooftop Solar Market

Some of the leading companies include:

  • Tata Power Solar Systems Ltd
  • Adani Solar
  • Vikram Solar Limited
  • Waaree Energies Ltd
  • Azure Power
  • Amplus Solar
  • Hero Future Energies

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