The North American rooftop solar panel market is estimated to grow significantly at a CAGR of around 7.3% during the forecast period. The growth of the regional market is backed by the rise in installations of rooftop solar panels within the regional countries, coupled with supportive government schemes. In the US there are numerous programs that are promoting the growth of the market. Solar power production incentive act 1990 is an amendment to the PURPA of 1978 and the Federal Power Act. The main purpose is to remove the size limitations placed on renewable energy facilities, such as solar and wind, in order to receive PURPA benefits. This will encourage the development of renewable energy production, thereby encouraging the installation of rooftop solar panels in the near future.
Get Free Sample link @ https://www.omrglobal.com/request-sample/north-american-rooftop-solar-panel-market
The companies which are contributing to the growth of the North American rooftop solar panel market include First Solar, Inc., SunPower Corp., Canadian Solar, Inc., Kyocera Corp., and Wuxi Suntech Power Co., Ltd. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market. For instance, in 2018, Canadian Solar, Inc. acquired several domestic projects from Clean Guadalquivir K.K, Univergy 23 G.K, and Univergy 10 G.K. The acquisition of domestic projects will contribute in increase position of the company, hence will contribute in the overall rooftop solar panel market.
A full report of North American Rooftop Solar Panel Market available @ https://www.omrglobal.com/industry-reports/north-american-rooftop-solar-panel-market
- 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
North American 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
North American Rooftop Solar Panel Market by End-User
- Household Sector
- Corporate Sector
Regional Analysis
- United States
- Canada
Company Profiles
- Canadian Solar, Inc.
- First Solar, Inc.
- Hanwha SolarOne Co. Ltd.
- Kyocera Corp.
- Sharp Corp.
- SoloPower Systems, Inc.
- SunEdison, Inc.
- SunPower Corp.
- Trina Solar Energy Co., Ltd.
- Wuxi Suntech Power Co., Ltd.
The Report Covers
- Comprehensive research methodology of the North American 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 North American rooftop solar panel market.
- Insights about market determinants which are stimulating the North American rooftop solar panel market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/north-american-rooftop-solar-panel-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
