TechSci Research's report on the Global Solar Shingles Market, titled "Global Solar Shingles Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028," forecasts robust growth at a CAGR of 4.8% through 2028.
Solar shingles, favored for seamlessly integrating with roofs, witness increased adoption due to rising demand for renewable energy, government incentives, and technological advancements. Major players such as Tesla are shaping the competitive landscape, offering innovative products like the Solar Roof, combining roofing functionality with solar panels for sustainable energy generation. The market experiences continuous evolution, marked by partnerships and collaborations among key players, fostering innovation and market expansion.
Explore comprehensive market data and trends in the Global Solar Shingles Market across 188 pages with an in-depth TOC.
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The Asia Pacific leads in solar shingles adoption, driven by demand for clean energy and supportive government policies. Notably, countries like China, Japan, India, and Australia are at the forefront. Japan actively promotes renewables to reduce nuclear power dependence, India aims for 175 GW of renewable energy capacity by 2022, and Australia targets 50% renewable energy by 2030. The report identifies key market players, including:
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SunTegra Solar
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Ergosun
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CertainTeed
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Canadian Solar
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Ertex Solar
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FlexSol Solutions B.V
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Tesla
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Anu Solar Power Pvt Ltd
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PV Technical Services Inc.
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Sunflare
The report delves into the solar shingles market segmentation based on solar cell technology, distinguishing between silicon solar shingles, known for efficiency and durability, and Copper-Indium-Gallium-Selenide (CIGS) solar shingles, recognized for high efficiency, flexibility, and lower manufacturing costs. Silicon solar shingles offer easy integration into existing roofing systems and are available in various colors and designs. In contrast, CIGS solar shingles are thinner, lighter, and more cost-effective, contributing to easier installation.
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Solar Shingles Market - Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented By Type (Silicon Solar Shingles, Copper - Indium - Gallium - Selenide (CIGS) Solar Shingles, Others), By Roofing Type (New Roofing, Reroofing), By End User (Residential, Commercial, Industrial), By Region, Competition 2018-2028.
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