There are important factors promoting the solar power system market growth is the rising demand for solar energy, especially in residential applications. Since electricity is a basic need,natural gas shortages, electricity shortages, energy scarcity and environmental factors are driving the use of solar energy, there is an increasing demand for electricity in all parts of the world. Therefore, there arises the need for an alternative source of energy to suffice the increasing demand for electricity. Besides this, governments are also supporting the use of solar energy system with the help of various initiatives and policies.

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Residential solar systems and commercial and industrial buildings solar energy systems are likely to be a rapidly growing trend in the future. The residential users have the solar system are primarily designed to meet their own electricity needs, the commercial and industrial buildings , which are supplied grid electricity at significantly higher rates than residential users.

Relatively speaking, the solar energy conversion efficiency obtained by ground-based solar energy application is the highest, but considering the problem of its application land, to some extent, most countries have certain restrictions and requirements, so it will be difficult to approve, except for some big governmental cases.

. A qualitative and quantitative approach to the solar energy system market

. Growth trajectories such as drivers, restraints, and challenges of the market

. Major industrial developments and key industry insights to the solar energy system market

. Detailed segmentation of the market and competitive landscape

The main factors for the growth of the solar energy market are government incentives provision & tax rebates for the installation of solar panels and awareness of environmental pollution. Increased rooftop installations for residential use is expected a boom in the market during the forthcoming years.