Rooftop Solar Photovoltaic - Global Opportunity Analysis and Industry Forecast, 2017-2023 - Research and Markets
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Source: Business Wire
DUBLIN--(BUSINESS WIRE)-- The "Rooftop Solar Photovoltaic - Global Opportunity Analysis and Industry Forecast, 2017-2023" report has been added to Research and Markets' offering. The global rooftop solar photovoltaic (PV) market was valued at $29,770 million in 2016, and is anticipated to grow at a CAGR of 11.2% to reach $64,671 million from 2017 to 2023. The global rooftop solar photovoltaic installation market has witnessed an increase in demand, owing to the availability of solar energy and increase in demand for electricity. Moreover, various encouraging and incentivized steps are taken by government, such as feed-in-tariff coupled with introduction of gross metering policy has further led to development of rooftop solar PV. In addition, rise in adoption of distributed PV technology globally is expected to boost the market growth. Furthermore, affordability of these installations has inc
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