Global PV Roofing Industry
New Study On “Global PV Roofing Market 2019 Trends, Research, Analysis & Review Forecast 2025” Added to Wise Guy Reports Database
Market Overview
Photovoltaic (PV) roofing materials are certain devices that help transform sunlight into electrical energy. These are commonly referred to as solar cells and comprises of various semiconductor materials. A single PV device is known as a cell, which is minimal in size and produces around 1 – 2 Watts of power. Moreover, these cells are interconnected in a series to form modules, larger units, in order to boost the power output of the PV cells. The formation of this modular structure enables the system to meet the power requirements ranging from small to big.
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The global market of PV roofing is experiencing considerable demand and this is especially due to the availability of solar energy and the rising demand for electricity. Moreover, a vast number of supportive and incentivized steps are being taken by the government. This includes the introduction of gross metering policy and feed-in-tariff. Add to this, the rising rate of adoption of distributed photovoltaic technology is anticipated to boost the global market growth. With the affordability of these installations increasing due to intensifying market competition, the market is slated to grow in numbers in the coming years. However, on the flip side, the lack of strong smart grid infrastructure is expected to limit the growth of the market during the forecast period.
Market Segmentation
The global telepresence robots market has been segmented in terms of technology and applications.
By application, the market segments into residential, commercial, and industrial. The commercial segment is broken down into shopping malls, hotels and restaurants, office buildings, and others.
By technology, the market divides into Cadmium Telluride, Crystalline Silicon, Thin Film PV, and others.
Regional Analysis
The global telepresence robots market is geographically distributed across the following key regions: Latin America, Asia Pacific, North America, Europe, and the Middle East and Africa. The market is expected to grow at a consistent pace in regions like Europe and North America due to an established solar infrastructure.
Competitive Landscape
The global telepresence robots market comprises a host of key players. This includes names like
Ascent Solar Technologies Inc, CentroSolar AG, DOW Solar, Ertex Solar GMBH, Kyocera Corp, PowerFilm Inc., Schott Solar Ag, Suntech Power Holdings Co. Ltd, United Solar Ovonic and Wurth Solar GmbH.
Industry Buzz
March 2019, one of the largest roofing organizations in the globe, Standard Industries, launched its portfolio company called GAF Energy. The company will enable the conventional roofing contractors to provide its customers a solar roofing option, irrespective of whether they are replacing the roof of their present home or building a new home.
Aug 2019, Sunnova, an US giant in solar and battery storage, announced that it is partnering with solar and roofing contractor PetersenDean Roofing & Solar in order to assist Californians for the preparation of the new residential solar law of the state.
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