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Rooftop Solar PV Market Size, Share & Trends Analysis Report By Technology (Thin Film, Crystalline Silicon), By Grid Type (On Grid, Off Grid), By Application (Industrial, Residential), By Region, And Segment Forecasts, 2025 - 2030

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JHS 25.03.06

Rooftop Solar PV Market Growth & Trends:

The global rooftop solar PV market size is expected to reach USD 88.9 billion by 2030, exhibiting a CAGR of 5.8% from 2025 to 2030, according to a new report by Grand View Research, Inc. Growing deployment of renewable energy due to increased demand cleaner power generation sources are likely to strengthen the increasing demand for rooftop solar PVs.

Proliferating demand for rooftop solar photovoltaic across end-use sectors owing to significant price difference between retail electricity and solar-generated electricity is bound to provide a major boost to the market growth. In addition, rooftop solar PV modules have low maintenance cost and require no additional land space for installation as they can be set up on any type of roof.

Growing advancements in solar PV manufacturing technology has resulted in declining costs and higher efficiency of rooftop solar PV modules, thereby driving the product demand across several end-use applications. Moreover, government support in form of tax credits and installation subsidies will further propel the market growth over the forecast period.

Market players are emphasizing on developing innovative design technology due to growing need for decarbonization of energy sector and reduction of carbon footprint. Manufacturers aim to generate the most immediate payback period by enhancing the overall conversion efficiency of rooftop solar PV modules. The improved efficiency modules are projected to lower the levelized cost of electricity by three to four percent, thereby making solar-generated electricity the most competitive.

Rooftop Solar PV Market Report Highlights:

  • Thin film rooftop solar PV market dominated the global rooftop solar PV market and accounted for the largest revenue share of 41.32% in 2024, primarily driven by growing investments in renewable energy.
  • The on-grid rooftop solar PV market dominated the global rooftop solar PV market and accounted for the largest revenue share of 85.1% in 2024, primarily driven by cost savings and net metering, as it allows consumers to feed back the excess electricity produced by the solar panels back to the grid for financial credits and incentives.
  • The industrial rooftop solar PV market dominated the global rooftop solar PV market and accounted for the largest revenue share of 40.1% in 2024, primarily driven by the reduced cost of solar panel systems, installations, and management, making it efficient for businesses and industries to invest on them.
  • The Asia Pacific rooftop solar PV market dominated the global market and accounted for the largest revenue share of 31.4% in 2024.

Table of Contents

Chapter 1. Methodology and Scope

  • 1.1. Market Segmentation & Scope
  • 1.2. Market Definition
  • 1.3. Information Procurement
    • 1.3.1. Purchased Database
    • 1.3.2. GVR's Internal Database
    • 1.3.3. Secondary Sources & Third-Party Perspectives
    • 1.3.4. Primary Research
  • 1.4. Information Analysis
    • 1.4.1. Data Analysis Models
  • 1.5. Market Formulation & Data Visualization
  • 1.6. Data Validation & Publishing

Chapter 2. Executive Summary

  • 2.1. Market Insights
  • 2.2. Segmental Outlook
  • 2.3. Competitive Outlook

Chapter 3. Rooftop Solar PV Market Variables, Trends & Scope

  • 3.1. Global Rooftop Solar PV Market Outlook
  • 3.2. Industry Value Chain Analysis
  • 3.3. Average Price Trend Analysis
  • 3.4. Supply-Demand Gap Analysis, 2024
  • 3.5. Regulatory Framework
    • 3.5.1. Policies and Incentive Plans
    • 3.5.2. Standards and Compliances
    • 3.5.3. Regulatory Impact Analysis
  • 3.6. Market Dynamics
    • 3.6.1. Market Driver Analysis
    • 3.6.2. Market Restraint Analysis
    • 3.6.3. Industry Challenges
  • 3.7. Porter's Five Forces Analysis
    • 3.7.1. Supplier Power
    • 3.7.2. Buyer Power
    • 3.7.3. Substitution Threat
    • 3.7.4. Threat from New Entrant
    • 3.7.5. Competitive Rivalry
  • 3.8. PESTEL Analysis
    • 3.8.1. Political Landscape
    • 3.8.2. Economic Landscape
    • 3.8.3. Social Landscape
    • 3.8.4. Technological Landscape
    • 3.8.5. Environmental Landscape
    • 3.8.6. Legal Landscape

Chapter 4. Rooftop Solar PV Market: Technology Outlook Estimates & Forecasts

  • 4.1. Rooftop Solar PV Market: Technology Movement Analysis, 2024 & 2030
    • 4.1.1. Thin Film
      • 4.1.1.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
    • 4.1.2. Crystalline Silicon
      • 4.1.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)

Chapter 5. Rooftop Solar PV Market: Grid Type Outlook Estimates & Forecasts

  • 5.1. Rooftop Solar PV Market: Grid Type Movement Analysis, 2024 & 2030
    • 5.1.1. On Grid
      • 5.1.1.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
    • 5.1.2. Off Grid
      • 5.1.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)

Chapter 6. Rooftop Solar PV Market: Application Outlook Estimates & Forecasts

  • 6.1. Rooftop Solar PV Market: Grid Type Movement Analysis, 2024 & 2030
    • 6.1.1. Residential
      • 6.1.1.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
    • 6.1.2. Commercial
      • 6.1.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
    • 6.1.3. Industrial
      • 6.1.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)

Chapter 7. Rooftop Solar PV Market Regional Outlook Estimates & Forecasts

  • 7.1. Regional Snapshot
  • 7.2. Rooftop Solar PV Market: Regional Movement Analysis, 2024 & 2030
  • 7.3. North America
    • 7.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
    • 7.3.2. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million)
    • 7.3.3. Market Estimates and Forecast, By Grid Type, 2018 - 2030 (USD Million)
    • 7.3.4. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 7.3.5. U.S.
      • 7.3.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 7.3.5.2. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million)
      • 7.3.5.3. Market Estimates and Forecast, By Grid Type, 2018 - 2030 (USD Million)
      • 7.3.5.4. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 7.3.6. Canada
      • 7.3.6.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 7.3.6.2. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million)
      • 7.3.6.3. Market Estimates and Forecast, By Grid Type, 2018 - 2030 (USD Million)
      • 7.3.6.4. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 7.3.7. Mexico
      • 7.3.7.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 7.3.7.2. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million)
      • 7.3.7.3. Market Estimates and Forecast, By Grid Type, 2018 - 2030 (USD Million)
      • 7.3.7.4. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
  • 7.4. Europe
    • 7.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
    • 7.4.2. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million)
    • 7.4.3. Market Estimates and Forecast, By Grid Type, 2018 - 2030 (USD Million)
    • 7.4.4. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 7.4.5. Germany
      • 7.4.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 7.4.5.2. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million)
      • 7.4.5.3. Market Estimates and Forecast, By Grid Type, 2018 - 2030 (USD Million)
      • 7.4.5.4. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 7.4.6. Russia
      • 7.4.6.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 7.4.6.2. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million)
      • 7.4.6.3. Market Estimates and Forecast, By Grid Type, 2018 - 2030 (USD Million)
      • 7.4.6.4. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 7.4.7. UK
      • 7.4.7.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 7.4.7.2. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million)
      • 7.4.7.3. Market Estimates and Forecast, By Grid Type, 2018 - 2030 (USD Million)
      • 7.4.7.4. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 7.4.8. Spain
      • 7.4.8.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 7.4.8.2. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million)
      • 7.4.8.3. Market Estimates and Forecast, By Grid Type, 2018 - 2030 (USD Million)
      • 7.4.8.4. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 7.4.9. Italy
      • 7.4.9.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 7.4.9.2. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million)
      • 7.4.9.3. Market Estimates and Forecast, By Grid Type, 2018 - 2030 (USD Million)
      • 7.4.9.4. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 7.4.10. France
      • 7.4.10.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 7.4.10.2. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million)
      • 7.4.10.3. Market Estimates and Forecast, By Grid Type, 2018 - 2030 (USD Million)
      • 7.4.10.4. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
  • 7.5. Asia Pacific
    • 7.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
    • 7.5.2. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million)
    • 7.5.3. Market Estimates and Forecast, By Grid Type, 2018 - 2030 (USD Million)
    • 7.5.4. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 7.5.5. China
      • 7.5.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 7.5.5.2. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million)
      • 7.5.5.3. Market Estimates and Forecast, By Grid Type, 2018 - 2030 (USD Million)
      • 7.5.5.4. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 7.5.6. Japan
      • 7.5.6.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 7.5.6.2. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million)
      • 7.5.6.3. Market Estimates and Forecast, By Grid Type, 2018 - 2030 (USD Million)
      • 7.5.6.4. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 7.5.7. South Korea
      • 7.5.7.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 7.5.7.2. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million)
      • 7.5.7.3. Market Estimates and Forecast, By Grid Type, 2018 - 2030 (USD Million)
      • 7.5.7.4. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 7.5.8. India
      • 7.5.8.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 7.5.8.2. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million)
      • 7.5.8.3. Market Estimates and Forecast, By Grid Type, 2018 - 2030 (USD Million)
      • 7.5.8.4. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 7.5.9. Australia
      • 7.5.9.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 7.5.9.2. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million)
      • 7.5.9.3. Market Estimates and Forecast, By Grid Type, 2018 - 2030 (USD Million)
      • 7.5.9.4. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
  • 7.6. Latin America
    • 7.6.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
    • 7.6.2. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million)
    • 7.6.3. Market Estimates and Forecast, By Grid Type, 2018 - 2030 (USD Million)
    • 7.6.4. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 7.6.5. Brazil
      • 7.6.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 7.6.5.2. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million)
      • 7.6.5.3. Market Estimates and Forecast, By Grid Type, 2018 - 2030 (USD Million)
      • 7.6.5.4. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 7.6.6. Colombia
      • 7.6.6.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 7.6.6.2. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million)
      • 7.6.6.3. Market Estimates and Forecast, By Grid Type, 2018 - 2030 (USD Million)
      • 7.6.6.4. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 7.6.7. Paraguay
      • 7.6.7.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 7.6.7.2. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million)
      • 7.6.7.3. Market Estimates and Forecast, By Grid Type, 2018 - 2030 (USD Million)
      • 7.6.7.4. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
  • 7.7. Middle East & Africa
    • 7.7.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
    • 7.7.2. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million)
    • 7.7.3. Market Estimates and Forecast, By Grid Type, 2018 - 2030 (USD Million)
    • 7.7.4. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 7.7.5. Saudi Arabia
      • 7.7.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 7.7.5.2. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million)
      • 7.7.5.3. Market Estimates and Forecast, By Grid Type, 2018 - 2030 (USD Million)
      • 7.7.5.4. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 7.7.6. UAE
      • 7.7.6.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 7.7.6.2. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million)
      • 7.7.6.3. Market Estimates and Forecast, By Grid Type, 2018 - 2030 (USD Million)
      • 7.7.6.4. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 7.7.7. South Africa
      • 7.7.7.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 7.7.7.2. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million)
      • 7.7.7.3. Market Estimates and Forecast, By Grid Type, 2018 - 2030 (USD Million)
      • 7.7.7.4. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 7.7.8. Egypt
      • 7.7.8.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 7.7.8.2. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million)
      • 7.7.8.3. Market Estimates and Forecast, By Grid Type, 2018 - 2030 (USD Million)
      • 7.7.8.4. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)

Chapter 8. Competitive Landscape

  • 8.1. Recent Developments & Impact Analysis, By Key Market Participants
  • 8.2. Vendor Landscape
    • 8.2.1. Company Categorization
    • 8.2.2. List of Key Distributors and Channel Partners
    • 8.2.3. List of Potential Customers/End Users
  • 8.3. Competitive Dynamics
    • 8.3.1. Competitive Benchmarking
    • 8.3.2. Strategy Mapping
    • 8.3.3. Heat Map Analysis
  • 8.4. Company Profiles/Listing
    • 8.4.1. 3M
      • 8.4.1.1. Participant's Overview
      • 8.4.1.2. Financial Performance
      • 8.4.1.3. Product Benchmarking
      • 8.4.1.4. Strategic Initiatives
    • 8.4.2. Koninklijke Philips N.V.
      • 8.4.2.1. Participant's Overview
      • 8.4.2.2. Financial Performance
      • 8.4.2.3. Product Benchmarking
      • 8.4.2.4. Strategic Initiatives
    • 8.4.3. Pentair PLC
      • 8.4.3.1. Participant's Overview
      • 8.4.3.2. Financial Performance
      • 8.4.3.3. Product Benchmarking
      • 8.4.3.4. Strategic Initiatives
    • 8.4.4. Panasonic
      • 8.4.4.1. Participant's Overview
      • 8.4.4.2. Financial Performance
      • 8.4.4.3. Product Benchmarking
      • 8.4.4.4. Strategic Initiatives
    • 8.4.5. Unilever PLC
      • 8.4.5.1. Participant's Overview
      • 8.4.5.2. Financial Performance
      • 8.4.5.3. Product Benchmarking
      • 8.4.5.4. Strategic Initiatives
    • 8.4.6. LG Electronics
      • 8.4.6.1. Participant's Overview
      • 8.4.6.2. Financial Performance
      • 8.4.6.3. Product Benchmarking
      • 8.4.6.4. Strategic Initiatives
    • 8.4.7. EcoWater Systems
      • 8.4.7.1. Participant's Overview
      • 8.4.7.2. Financial Performance
      • 8.4.7.3. Product Benchmarking
      • 8.4.7.4. Strategic Initiatives
    • 8.4.8. A. O. Smith
      • 8.4.8.1. Participant's Overview
      • 8.4.8.2. Financial Performance
      • 8.4.8.3. Product Benchmarking
      • 8.4.8.4. Strategic Initiatives
    • 8.4.9. Cilligan International
      • 8.4.9.1. Participant's Overview
      • 8.4.9.2. Financial Performance
      • 8.4.9.3. Product Benchmarking
      • 8.4.9.4. Strategic Initiatives
    • 8.4.10. Kinetico Incorporated
      • 8.4.10.1. Participant's Overview
      • 8.4.10.2. Financial Performance
      • 8.4.10.3. Product Benchmarking
      • 8.4.10.4. Strategic Initiatives
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