India Solar Rooftop Market – Industry analysis and Forecast (2018-2026)
India Solar Rooftop Market was valued 1.4 GW and is estimated to reach 151 GW by 2026 at a CAGR of 80 % during the forecast.
India Solar Rooftop Market is segmented by application and by state. Based on application, India Solar Rooftop Market is segmented into industrial, government, commercial and residential. Tamil Nadu, Karnataka, Uttar Pradesh, Gujarat, Andhra Pradesh, Rajasthan, West Bengal, Haryana, Punjab, Madhya Pradesh, Odisha, Delhi, Chhattisgarh, Kerala, Bihar and Maharashtra are state segments of India solar rooftop market.
India Solar Rooftop market is expected to grow at a robust pace over the forecast. Favourable government measures and abundant solar resources is boost solar power generation in the country. Government of India has announced various policies and regulations such as accelerated depreciation, capital subsidies, Renewable Energy Certificates (RECs), net metering incentives, Assured Power Purchase Agreement, etc. These schemes favours government to reduce the capital expenditure in building a solar power plant. Strong market fundamentals including declining costs and improving debt financing mean that the market will continue strong growth.
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India’s solar rooftop market is driven by commercial and industrial users. Growth is further fuelled by fall in costs of installation and reduction in energy prices. Residential segment haven’t took off much since 2018. Residential applications and small scale rooftop projects are impelling this market further now.
Industrial segment dominated in 2017 and will continue its dominance throughout the forecast. Lucrative returns topped with low and easy maintenance is driving the residential segment to the next level.
Maharashtra state is leading the solar rooftop market followed by Tamil Nadu, Karnataka, Uttar Pradesh, Gujarat, Andhra Pradesh, Rajasthan, West Bengal, Haryana, Punjab, Madhya Pradesh, Odisha, Delhi, Chhattisgarh, Kerala and Bihar. Government incentives and policies (30% of project cost offered by the MNRE and additional incentive from State governments) to push rooftop solar installations have also contributed to the growth over the last year.
24×7 Electrician Services, 3dot Energy, 3en Clean Tech Pvt. Ltd., 7Parallels Techno-Consultants Pvt. Ltd., A.S.Infra Tech, A&T Power Systems Pvt Ltd, A1 Power Solutions, AA Solar India, Aarinas Power & Renewable Energy, Aarinas Power & Renewable Energy, Aaron Power Solutions, Aarushee Solar Energy LLP, Aatap Energy, Aavishkar Solar Technologies LLP, Aay Pee Wind Solar Systems, AB Energía Solutions Pvt. Ltd., AB-HI Solar Pvt. Ltd are some key player included in the India solar rooftop PV market.
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Scope of Solar Rooftop Market:
India Solar Rooftop market, By Application:
• Residential
• Commercial
• Government
• Industrial
India Solar Rooftop market, By Connectivity:
• On-Grid
• Off- Grid
India Solar Rooftop market, By State:
• Tamil Nadu
• Karnataka
• Uttar Pradesh
• Gujarat
• Andhra Pradesh
• Rajasthan
• West Bengal
• Haryana
• Punjab
• Madhya Pradesh
• Odisha
• Delhi
• Chhattisgarh
• Kerala
• Bihar
• Maharashtra
Key Players Operating In India Solar Rooftop Market:
• 24×7 Electrician Services
• 3dot Energy
• 3en Clean Tech Pvt. Ltd.
• 7Parallels Techno-Consultants Pvt. Ltd
• A.S.Infra Tech
• A&T Power Systems Pvt Ltd
• A1 Power Solutions
• AA Solar India
• Aarinas Power & Renewable Energy
• Aaron Power Solutions
• Aarushee Solar Energy LLP
• Aatap Energy
• Aavishkar Solar Technologies LLP
• Aay Pee Wind Solar Systems
• AB Energía Solutions Pvt. Ltd.
• AB-HI Solar Pvt. Ltd
Browse Full Report with Facts and Figures of India Solar Rooftop Market Report at: https://www.maximizemarketresearch.com/market-report/india-solar-rooftop-market/20777/
MAJOR TOC OF THE REPORT
1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: India Solar Rooftop Market Size, by Market Value (US$ Mn) and by Volume (Units)
4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Industry Trends and Emerging Technologies
5. Supply Side and Demand Side Indicators
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