According to the report, Increasing Number of Installations in Emerging Countries such as India is one of the primary growth factors for the market. Growing Electricity Needs Worldwide
is also expected to contribute significantly to the Solar Roofing market growth. Overall, Commercial
applications of Solar Roofing, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Capacity, such as Upto 10 kW, is boosting the Solar Roofing 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 Distribution Channel, such as Online, is boosting the Solar Roofing market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Solar Roofing market identified that the demand is rising in many different parts of the world as "Rising Government Focus on Increasing the Share of Solar Power in the Energy Mix
". Furthermore, some recent industry insights like "In February 2019, Tata Power Solar launches an extensive residential rooftop solution at Hyderabad, India. This residential rooftop solution is expected to save up to INR 50,000 annually for 25 years. Also to ease the beneficiaries’ expenses the proposition comes with government subsidy so that consumers can avail a chance to earn from their idle rooftop space." is constantly making the industry dynamic.
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 Solar Roofing 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 2018 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 Solar Roofing 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 industrys 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 Solar Roofing market size is calculated using market estimation process, the Solar Roofing 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 Solar Roofing market size has been validated using both top-down and bottom-up approaches.