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.

In 2009, the National People’s Congress set a long-term target of the capacity of 20-30 GW by 2030. In 2011, the government announced that the plan might be exceeded several-fold, with the installed capacity possibly reaching as much as 10 GW by 2020. In 2007, according to plans disclosed by the National Development and Reform Commission, the country's installed solar capacity is expected to grow to 1,800 MW by 2020. Such measures are expected to create opportunities for the significant growth of the market in the near future.

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.

The companies which are contributing to the growth of the China rooftop solar panel market include JA Solar Holdings Co., Ltd., JinkoSolar Holding Co., Ltd., Yingli Green Energy Holding Co., Ltd., Risen Energy Co., Ltd., and China Sunergy 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 December 2018, JinkoSolar Holding Co., Ltd. entered into a partnership with Schneider Electric to donate a 55kW off-grid solar project in Abu Redis, South Sinai. The solar panels are used to produce electricity in the mosque, school, small medical center, and three farms.

Research Methodology

The market study of the China rooftop solar panel market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, various services offered by the players, and market opportunity. The report will serve as a source for 360-degree analysis of the market delivering insights for making better business decisions.

Market Segmentation

1. China Rooftop Solar Panel Market Research and Analysis by Type
2. China Rooftop Solar Panel Market Research and Analysis by End-User

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.