China rooftop solar panel market is estimated to grow considerably at a CAGR of around 8.2% during the forecast period. China is one of the leading countries in Asia-Pacific that contributes to the growth of the rooftop solar panel market. Solar PV in China is a growing industry with the presence of numerous companies in the country. In the present time, a noteworthy reduction in the FIT (feed-in-tariff) coupled with the significant quantity of solar power exports from the country is driving the Chinese solar sector. China held a significant share in the rooftop solar panel market and is projected to continue its dominance during the forecast period as well.
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Moreover, in terms of production of solar cells, China dominated the market, according to International Energy Association, the country registered a total of 66% share in the overall production of solar cells across the globe. It is expected to be followed by Taiwan and Malaysia. These statistics signify the fact that the cost associated with the solar panels is expected to be significantly less in China; this is expected to be one of the key reasons which will promote the adoption of solar panels for rooftop installation in China in the near future.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
China Rooftop Solar Panel Market 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
China Rooftop Solar Panel Market by End-User
- Household Sector
- Corporate Sector
Company Profiles
- Allpowers Industrial International Ltd.
- China Sunergy Co., Ltd.
- Hanwha SolarOne Co. Ltd.
- JA Solar Holdings Co., Ltd.
- JinkoSolar Holding Co., Ltd.
- Renesola Zhejiang, Ltd.
- Risen Energy Co., Ltd.
- Shenzhen Portable Electronic Technology Co., Ltd.
- Trina Solar Energy Co., Ltd.
- Yingli Green Energy Holding Co., Ltd.
- Zhongli Talesun Solar Co., Ltd.
The Report Covers
- Comprehensive research methodology of the China rooftop solar panel market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the China rooftop solar panel market.
- Insights about market determinants which are stimulating the China rooftop solar panel market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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