China Rooftop Solar Pv Market Size & Outlook, 2020-2027

The rooftop solar pv market in China is expected to reach a projected revenue of US$ 5.5 billion by 2027. A compound annual growth rate of 3.3% is expected of China rooftop solar pv market from 2021 to 2027.
Revenue, 2020 (US$B)
$4.4
Forecast, 2027 (US$B)
$5.5
CAGR, 2021 - 2027
3.2%
Report Coverage
China

China rooftop solar pv market highlights

  • The China rooftop solar pv market generated a revenue of USD 4.4 billion in 2020 and is expected to reach USD 5.5 billion by 2027.
  • The China market is expected to grow at a CAGR of 3.3% from 2021 to 2027.
  • In terms of segment, thin film was the largest revenue generating technology in 2020.
  • Thin Film is the most lucrative technology segment registering the fastest growth during the forecast period.


Rooftop solar pv market data book summary

Market revenue in 2020USD 4.4 billion
Market revenue in 2027USD 5.5 billion
Growth rate3.3% (CAGR from 2020 to 2027)
Largest segmentThin film
Fastest growing segmentThin Film
Historical data2016 - 2019
Base year2020
Forecast period2021 - 2027
Quantitative unitsRevenue in USD billion
Market segmentationThin Film, Crystalline Silicon
Key market players worldwideJinkoSolar Holding Co Ltd DR, SunPower Corp, Emeren Group Ltd ADR, First Solar Inc, Canadian Solar Inc, Hanwha


Other key industry trends

  • In terms of revenue, China accounted for 8.7% of the global rooftop solar pv market in 2020.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
  • In Asia Pacific, China rooftop solar pv market is projected to lead the regional market in terms of revenue in 2027.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 4.3 billion by 2027.

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Rooftop Solar PV Market Companies

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China rooftop solar pv market size, by technology, 2016-2027 (US$B)

China Rooftop Solar PV Market Outlook Share, 2020 & 2027 (US$B)

China rooftop solar pv market size, by technology, 2016-2027 (US$B)

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