Japan Rooftop Solar Pv Market Size & Outlook, 2025-2030
The rooftop solar pv market in Japan is expected to reach a projected revenue of US$ 4,287.8 million by 2030. A compound annual growth rate of 2.7% is expected of Japan rooftop solar pv market from 2025 to 2030.
Revenue, 2024 (US$M)
$3,640.6
Forecast, 2030 (US$M)
$4,287.8
CAGR, 2025 - 2030
2.7%
Report Coverage
Japan
Related Markets
Japan rooftop solar pv market highlights
- The Japan rooftop solar pv market generated a revenue of USD 3.2 billion in 2020 and is expected to reach USD 4.0 billion by 2027.
- The Japan market is expected to grow at a CAGR of 3.4% 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 2020 | USD 3.2 billion |
| Market revenue in 2027 | USD 4.0 billion |
| Growth rate | 3.4% (CAGR from 2020 to 2027) |
| Largest segment | Thin film |
| Fastest growing segment | Thin Film |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Thin Film, Crystalline Silicon |
| Key market players worldwide | JinkoSolar 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, Japan accounted for 6.3% 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 Scope
Rooftop solar pv market segmentation & scope
Rooftop Solar PV Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Emeren Group Ltd ADR | View profile | 197 | 100 First Stamford Place, Suite 302, Stamford, CT, United States, 06902 | https://www.emeren.com |
| SunPower Corp | View profile | 4710 | 51 Rio Robles, San Jose, CA, United States, 95134 | https://www.sunpower.com |
| Canadian Solar Inc | View profile | 22234 | 545 Speedvale Avenue West, Guelph, ON, Canada, N1K 1E6 | https://www.canadiansolar.com |
| JinkoSolar Holding Co Ltd DR | View profile | 31030 | 1 Yingbin Road, Shangrao Economic Development Zone, Jiangxi Province, Shangrao, China, People's Republic of, 334100 | https://www.jinkosolar.com/en |
| First Solar Inc | View profile | 6700 | 350 West Washington Street, Suite 600, Tempe, AZ, United States, 85288 | https://www.firstsolar.com |
| Hanwha | View profile | 5001-10000 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.hanwhacorp.co.kr/eng/index.jsp |
Japan rooftop solar pv market size, by technology, 2018-2030 (US$M)
Japan Rooftop Solar PV Market Outlook Share, 2024 & 2030 (US$M)
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