Italy rooftop solar panel market is estimated to grow considerably at a CAGR of around 6.8% during the forecast period. Italy has a significant market share in the overall market. This can be attributed to the fact that the overall installations of solar panels in Italy are significantly high. The country has witnessed a significant growth in the past years. According to International Renewable Energy Agency (IRENA), Italy witnessed a total of around 85% solar panel installation growth during 2006-2018. The country had a total installed capacity of 20,120 MW by 2018. It observed an overall growth of 2.2% by the end of 2018 as compared to that of 2017. As the overall installation increases in the country, it is expected to open new opportunities for the growth of the rooftop solar panel market in the near future.
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The rooftop solar panel market is segmented on the basis of solar panel types and end-user. Based on solar panel types, the market is segmented into monocrystalline silicon rooftop solar panel, polycrystalline silicon rooftop solar panel, thin-film rooftop solar panel, and others. Among these, the polycrystalline silicon rooftop solar panel contributes a significant share in the market, attributed to its advantages over other solar panels such as cost-effective and better efficiency. Based on end-user, the market is segmented into the household sector and the corporate sector. The corporate sector held a substantial share in the market in 2018. This is due to the high installation of rooftop solar panels in the corporate sector consisting of government projects and industrial general electricity applications.
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Italy Rooftop Solar Panel Market Segmentation
By Type
- Monocrystalline Solar Panel
- Polycrystalline Solar Panel
- Thin-Film Crystalline Solar Panel
- Amorphous Silicon (a-Si)
- Cadmium Telluride (CdTe)
- Copper Indium Gallium Selenide (CIS/CIGS)
- Other Solar Panels
By End-User
- Household Sector
- Corporate Sector
Company Profiles
- AB Solar Novara snc
- AM IMPIANTI di Accarini Srl
- ContourGlobal PLC
- Enerray S.p.A.
- GruppoSTG
- Hanwha Group
- Juwi Holding AG
- Peimar S.r.l.
- REC Solar Holdings AS
- Sonnedix Power Holdings Ltd.
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