In November 2018, the Ministry introduced the MEMR Regulation 49/2018 for rooftop solar PV installations. Under this, all rooftop solar PV installations require prior verification and approval from PT PLN’s local distribution company and the process of verification and approval should be completed within 15 days.

Increasing Demand for Solar Systems in Residential Applications is also expected to contribute significantly to the Rooftop Solar Photovoltaics market. Overall, Residential applications of Rooftop Solar Photovoltaics, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Components, such as SolarPanels, is boosting the Rooftop Solar Photovoltaics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Technology, such as ThinFilm, is boosting the Rooftop Solar Photovoltaics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Grid , such as On-Grid (Centralized, Decentralized), is boosting the Rooftop Solar Photovoltaics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMA’s Analyst on the Global Rooftop Solar Photovoltaics market identified that the demand is rising in many different parts of the world as "Shifting Focus Towards Renewable Energy Sources Owing to the Increasing Environment Concerns ".

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Rooftop Solar Photovoltaics market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Rooftop Solar Photovoltaics market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Rooftop Solar Photovoltaics market size is calculated using market estimation process, the Rooftop Solar Photovoltaics market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Rooftop Solar Photovoltaics market size has been validated using both top-down and bottom-up approaches.