Solar Rooftop Systems Market in India
- Submitted by: SophiaJones
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- Date Submitted: 08/12/2016 02:24 AM
- Pages: 3
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12th August 2016 – Navi Mumbai, India: Market Report on India present the latest report on “Solar Rooftop Systems Market in India”, The report provides the unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers, which would help the stakeholders to decide.
India's energy mix is witnessing significant changes due to the adoption of renewable sources of power. Although, share of renewable energy is low, but it offers immense growth opportunities to the market players. Amongst all renewable energy sources, solar energy is emerging as one of the most promising segments. Factors such as better space optimization, inclusion of net-metering, accelerated depreciation tax benefit and attractive subsidies by state nodal agencies are expected to fuel the India Solar
Rooftop Systems Market. The country has a high solar isolation making solar power as one of the viable renewable sources of energy. Increase in adoption of solar power from industrial & commercial segment coupled with aggressive push by government has resulted in the growth of India Solar Rooftop Systems Market.
India Solar Rooftop Systems Market revenue is projected to grow at a CAGR of 31.92% during 2016-22. In India, CAPEX business model accounted for major revenue share in the overall market in 2015. In terms of connectivity, on-grid solar rooftop systems generated key market revenues; however, the trend is expected to shift towards off-grid segment in the forecast period.
Amongst all end users, Industrial & Commercial end user segment leads and is anticipated to dominate through the forecast period followed by government segment. In 2015, Maharashtra emerged as the key state contributing to the growth of India’s Solar Rooftop Systems Market followed by Uttar Pradesh and Tamil Nadu.
The report thoroughly covers solar rooftop systems market by business models, connectivity type, end-user and states. The report provides the unbiased and detailed...
India's energy mix is witnessing significant changes due to the adoption of renewable sources of power. Although, share of renewable energy is low, but it offers immense growth opportunities to the market players. Amongst all renewable energy sources, solar energy is emerging as one of the most promising segments. Factors such as better space optimization, inclusion of net-metering, accelerated depreciation tax benefit and attractive subsidies by state nodal agencies are expected to fuel the India Solar
Rooftop Systems Market. The country has a high solar isolation making solar power as one of the viable renewable sources of energy. Increase in adoption of solar power from industrial & commercial segment coupled with aggressive push by government has resulted in the growth of India Solar Rooftop Systems Market.
India Solar Rooftop Systems Market revenue is projected to grow at a CAGR of 31.92% during 2016-22. In India, CAPEX business model accounted for major revenue share in the overall market in 2015. In terms of connectivity, on-grid solar rooftop systems generated key market revenues; however, the trend is expected to shift towards off-grid segment in the forecast period.
Amongst all end users, Industrial & Commercial end user segment leads and is anticipated to dominate through the forecast period followed by government segment. In 2015, Maharashtra emerged as the key state contributing to the growth of India’s Solar Rooftop Systems Market followed by Uttar Pradesh and Tamil Nadu.
The report thoroughly covers solar rooftop systems market by business models, connectivity type, end-user and states. The report provides the unbiased and detailed...