Asia-Pacific Rooftop Solar Panel Market Growth, Size, Share, Industry Report and Forecast 2019-2025

 Asia-Pacific rooftop solar panel market is estimated to grow significantly at a CAGR of around 8.4% during the forecast period. Asia-Pacific being home to several developing economies is seen as the high potential market for the rooftop solar panel companies to invest. The growth of Asia-Pacific market is being primarily driven by China and India’s solar panel market. Japan, Australia, Korea and Taiwan are the key regions growing at a significant rate due to increasing demand for solar energy and mass manufacturing of solar panels.

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Asia-Pacific is significant rooftop solar panel market due to high solar radiation, which enables installation of rooftop solar panels across the region. Other key market players are investing in Asia-Pacific region due to affordable labor and high solar radiation. Growing trend towards green energy resources has also influenced the growth within the region at an extensive level. Partnerships with other countries have also played a vital role in the growing installations within the region. Emerging countries such as Malaysia, which is showing signs of possible rapid PV development in the future, followed by Vietnam and Indonesia. India could become one of the global PV market leaders during the forecast period. This can be attributed to the increasing investment in renewable energy sector by the government.

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Asia-Pacific 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

Regional Analysis

  • China
  • Japan
  • India
  • Rest of Asia-Pacific

Company Profiles

  • Allpowers Industrial International Ltd.
  • China Sunergy Co., Ltd.
  • Hanwha SolarOne Co. Ltd.
  • JA Solar Holdings Co., Ltd.
  • JinkoSolar Holding Co., Ltd.
  • Motech Industries, Inc.
  • Neo Solar Power Corp.
  • Renesola Zhejiang, Ltd.
  • Risen Energy Co., Ltd.
  • Shenzhen Portable Electronic Technology Co., Ltd.
  • Shunfeng International Clean Energy, Ltd. (SFCE)
  • Sharp Corp.
  • Tata Power Solar Systems Ltd.
  • Trina Solar Energy Co., Ltd.
  • Vikram Solar, Ltd.
  • Wuxi Suntech Power Co., Ltd.
  • Yingli Green Energy Holding Co., Ltd.
  • Zhongli Talesun Solar Co., Ltd.

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