The global solar shingle market was valued at $326.2 million in 2021, and is projected to reach $555.2 million by 2031, growing at a CAGR of 5.5% from 2022 to 2031.
Solar shingles, also known as photovoltaic shingles, are solar panels created to mimic the appearance and functionality of common roofing materials, including asphalt shingles or slate, and to generate electricity at the same time. Solar shingle is a type of solar energy solution known as building-integrated photovoltaics (BIPV). Solar shingles come in a variety of shapes and sizes, including solid panels that are the size of shingles, semi-rigid designs with multiple silicon solar cells that are sized more like conventional shingles, and more recent systems using various thin-film solar cell technologies that are comparable to conventional shingles in terms of both size and flexibility.
The growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights the key areas of investments. In addition, it includes Porter’s five forces analysis to understand the competitive scenario of the industry and the role of each stakeholder. The report features Strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of key players to increase their market share and sustain the intense competition in the industry.
The solar shingle is segmented on the basis of type, roofing type, end user and region. On the basis of type, it is classified into silicon solar shingles, (CIGS) solar shingles and others. By roofing type, the market is categorized new roofing and reroofing. On the basis of end user, it is divided into residential, commercial and industrial. Region-wise, the market is studied across North America, Europe, Asia-Pacific, And LAMEA. Asia-Pacific dominates the solar shingle market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. The increased growth of the market as the favourable regulations encouraging the installation of solar shingle and increased consumer spending on home upgrades and retrofits within the region in the forecast period of 2022 to 2029.
For instance, In Feb 2019, RGS Energy has won “Best Energy Efficiency Product” award for its stunning POWERHOUSE™ solar shingle system at 7th annual best of IBS awards during NABH International Builders’ Show in Las Vegas·
The global solar shingle market profiles leading players that include, Anu Solar Power Pvt Ltd, Canadian Solar, CertainTeed, Ertex Solar, Ergosun, FlexSol Solutions B.V., PV Technical Services Inc., SunTegra Solar, Sunflare, Tesla. The global solar shingle market report provides an in-depth competitive analysis as well as profiles of these major players.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the solar shingles market analysis from 2021 to 2031 to identify the prevailing solar shingles market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the solar shingles market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes an analysis of the regional as well as global solar shingles market trends, key players, market segments, application areas, and market growth Strategies.
Key Market Segments
By Type
- Silicon Solar Shingles
- Copper - Indium - Gallium - Selenide (CIGS) Solar Shingles
By Roofing Type
- New Roofing
- Reroofing
By End User
- Residential
- Commercial
- Industrial
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
- Canadian Solar
- Ertex Solar
- FlexSol Solutions B.V.
- SunTegra Solar
- Sunflare
- tesla
- PV Technical Services Inc.
- Ergosun
- CertainTeed
- Anu Solar Power Pvt Ltd
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Table of Contents
CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Market dynamics
3.4.1.Drivers
3.4.1.1. Favorable regulatory environment and efforts towards sustainable development
3.4.1.2. Technological advancements
3.4.2.Restraints
3.4.2.1. High installation cost
3.4.3.Opportunities
3.4.3.1. Upgradation in technology
3.5.COVID-19 Impact Analysis on the market
3.6.Value Chain Analysis
3.7.Key Regulation Analysis
CHAPTER 4: SOLAR SHINGLES MARKET, BY TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2. Silicon Solar Shingles
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3. Copper - Indium - Gallium - Selenide (CIGS) Solar Shingles
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.4. Others
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market share analysis by country
CHAPTER 5: SOLAR SHINGLES MARKET, BY ROOFING TYPE
5.1 Overview
5.1.1 Market size and forecast
5.2. New Roofing
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3. Reroofing
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
CHAPTER 6: SOLAR SHINGLES MARKET, BY END USER
6.1 Overview
6.1.1 Market size and forecast
6.2. Residential
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3. Commercial
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country
6.4. Industrial
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market share analysis by country
CHAPTER 7: SOLAR SHINGLES MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Type
7.2.3 North America Market size and forecast, by Roofing Type
7.2.4 North America Market size and forecast, by End User
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Key market trends, growth factors and opportunities
7.2.5.1.2 Market size and forecast, by Type
7.2.5.1.3 Market size and forecast, by Roofing Type
7.2.5.1.4 Market size and forecast, by End User
7.2.5.2 Canada
7.2.5.2.1 Key market trends, growth factors and opportunities
7.2.5.2.2 Market size and forecast, by Type
7.2.5.2.3 Market size and forecast, by Roofing Type
7.2.5.2.4 Market size and forecast, by End User
7.2.5.3 Mexico
7.2.5.3.1 Key market trends, growth factors and opportunities
7.2.5.3.2 Market size and forecast, by Type
7.2.5.3.3 Market size and forecast, by Roofing Type
7.2.5.3.4 Market size and forecast, by End User
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Type
7.3.3 Europe Market size and forecast, by Roofing Type
7.3.4 Europe Market size and forecast, by End User
7.3.5 Europe Market size and forecast, by country
7.3.5.1 Germany
7.3.5.1.1 Key market trends, growth factors and opportunities
7.3.5.1.2 Market size and forecast, by Type
7.3.5.1.3 Market size and forecast, by Roofing Type
7.3.5.1.4 Market size and forecast, by End User
7.3.5.2 France
7.3.5.2.1 Key market trends, growth factors and opportunities
7.3.5.2.2 Market size and forecast, by Type
7.3.5.2.3 Market size and forecast, by Roofing Type
7.3.5.2.4 Market size and forecast, by End User
7.3.5.3 Italy
7.3.5.3.1 Key market trends, growth factors and opportunities
7.3.5.3.2 Market size and forecast, by Type
7.3.5.3.3 Market size and forecast, by Roofing Type
7.3.5.3.4 Market size and forecast, by End User
7.3.5.4 Spain
7.3.5.4.1 Key market trends, growth factors and opportunities
7.3.5.4.2 Market size and forecast, by Type
7.3.5.4.3 Market size and forecast, by Roofing Type
7.3.5.4.4 Market size and forecast, by End User
7.3.5.5 UK
7.3.5.5.1 Key market trends, growth factors and opportunities
7.3.5.5.2 Market size and forecast, by Type
7.3.5.5.3 Market size and forecast, by Roofing Type
7.3.5.5.4 Market size and forecast, by End User
7.3.5.6 Rest of Europe
7.3.5.6.1 Key market trends, growth factors and opportunities
7.3.5.6.2 Market size and forecast, by Type
7.3.5.6.3 Market size and forecast, by Roofing Type
7.3.5.6.4 Market size and forecast, by End User
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Type
7.4.3 Asia-Pacific Market size and forecast, by Roofing Type
7.4.4 Asia-Pacific Market size and forecast, by End User
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Key market trends, growth factors and opportunities
7.4.5.1.2 Market size and forecast, by Type
7.4.5.1.3 Market size and forecast, by Roofing Type
7.4.5.1.4 Market size and forecast, by End User
7.4.5.2 Japan
7.4.5.2.1 Key market trends, growth factors and opportunities
7.4.5.2.2 Market size and forecast, by Type
7.4.5.2.3 Market size and forecast, by Roofing Type
7.4.5.2.4 Market size and forecast, by End User
7.4.5.3 India
7.4.5.3.1 Key market trends, growth factors and opportunities
7.4.5.3.2 Market size and forecast, by Type
7.4.5.3.3 Market size and forecast, by Roofing Type
7.4.5.3.4 Market size and forecast, by End User
7.4.5.4 Australia
7.4.5.4.1 Key market trends, growth factors and opportunities
7.4.5.4.2 Market size and forecast, by Type
7.4.5.4.3 Market size and forecast, by Roofing Type
7.4.5.4.4 Market size and forecast, by End User
7.4.5.5 South Korea
7.4.5.5.1 Key market trends, growth factors and opportunities
7.4.5.5.2 Market size and forecast, by Type
7.4.5.5.3 Market size and forecast, by Roofing Type
7.4.5.5.4 Market size and forecast, by End User
7.4.5.6 Rest of Asia-Pacific
7.4.5.6.1 Key market trends, growth factors and opportunities
7.4.5.6.2 Market size and forecast, by Type
7.4.5.6.3 Market size and forecast, by Roofing Type
7.4.5.6.4 Market size and forecast, by End User
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Type
7.5.3 LAMEA Market size and forecast, by Roofing Type
7.5.4 LAMEA Market size and forecast, by End User
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Brazil
7.5.5.1.1 Key market trends, growth factors and opportunities
7.5.5.1.2 Market size and forecast, by Type
7.5.5.1.3 Market size and forecast, by Roofing Type
7.5.5.1.4 Market size and forecast, by End User
7.5.5.2 Saudi Arabia
7.5.5.2.1 Key market trends, growth factors and opportunities
7.5.5.2.2 Market size and forecast, by Type
7.5.5.2.3 Market size and forecast, by Roofing Type
7.5.5.2.4 Market size and forecast, by End User
7.5.5.3 South Africa
7.5.5.3.1 Key market trends, growth factors and opportunities
7.5.5.3.2 Market size and forecast, by Type
7.5.5.3.3 Market size and forecast, by Roofing Type
7.5.5.3.4 Market size and forecast, by End User
7.5.5.4 Rest of LAMEA
7.5.5.4.1 Key market trends, growth factors and opportunities
7.5.5.4.2 Market size and forecast, by Type
7.5.5.4.3 Market size and forecast, by Roofing Type
7.5.5.4.4 Market size and forecast, by End User
CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Introduction
8.2. Top winning Strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2021
CHAPTER 9: COMPANY PROFILES
9.1 Canadian Solar
9.1.1 Company overview
9.1.2 Key Executives
9.1.3 Company snapshot
9.1.4 Operating business segments
9.1.5 Product portfolio
9.1.6 Business performance
9.1.7 Key strategic moves and developments
9.2 Ertex Solar
9.2.1 Company overview
9.2.2 Key Executives
9.2.3 Company snapshot
9.2.4 Operating business segments
9.2.5 Product portfolio
9.2.6 Business performance
9.2.7 Key strategic moves and developments
9.3 FlexSol Solutions B.V.
9.3.1 Company overview
9.3.2 Key Executives
9.3.3 Company snapshot
9.3.4 Operating business segments
9.3.5 Product portfolio
9.3.6 Business performance
9.3.7 Key strategic moves and developments
9.4 SunTegra Solar
9.4.1 Company overview
9.4.2 Key Executives
9.4.3 Company snapshot
9.4.4 Operating business segments
9.4.5 Product portfolio
9.4.6 Business performance
9.4.7 Key strategic moves and developments
9.5 Sunflare
9.5.1 Company overview
9.5.2 Key Executives
9.5.3 Company snapshot
9.5.4 Operating business segments
9.5.5 Product portfolio
9.5.6 Business performance
9.5.7 Key strategic moves and developments
9.6 tesla
9.6.1 Company overview
9.6.2 Key Executives
9.6.3 Company snapshot
9.6.4 Operating business segments
9.6.5 Product portfolio
9.6.6 Business performance
9.6.7 Key strategic moves and developments
9.7 PV Technical Services Inc.
9.7.1 Company overview
9.7.2 Key Executives
9.7.3 Company snapshot
9.7.4 Operating business segments
9.7.5 Product portfolio
9.7.6 Business performance
9.7.7 Key strategic moves and developments
9.8 Ergosun
9.8.1 Company overview
9.8.2 Key Executives
9.8.3 Company snapshot
9.8.4 Operating business segments
9.8.5 Product portfolio
9.8.6 Business performance
9.8.7 Key strategic moves and developments
9.9 CertainTeed
9.9.1 Company overview
9.9.2 Key Executives
9.9.3 Company snapshot
9.9.4 Operating business segments
9.9.5 Product portfolio
9.9.6 Business performance
9.9.7 Key strategic moves and developments
9.10 Anu Solar Power Pvt Ltd
9.10.1 Company overview
9.10.2 Key Executives
9.10.3 Company snapshot
9.10.4 Operating business segments
9.10.5 Product portfolio
9.10.6 Business performance
9.10.7 Key strategic moves and developments
List of Tables
Table 1. Global Solar Shingles Market, by Type, 2021-2031 (Revenue, $Million)
Table 2. Solar Shingles Market for Silicon Solar Shingles, by Region, 2021-2031 (Revenue, $Million)
Table 3. Solar Shingles Market for Copper - Indium - Gallium - Selenide (Cigs) Solar Shingles, by Region, 2021-2031 (Revenue, $Million)
Table 4. Solar Shingles Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 5. Global Solar Shingles Market, by Roofing Type, 2021-2031 (Revenue, $Million)
Table 6. Solar Shingles Market for New Roofing, by Region, 2021-2031 (Revenue, $Million)
Table 7. Solar Shingles Market for Reroofing, by Region, 2021-2031 (Revenue, $Million)
Table 8. Global Solar Shingles Market, by End-user, 2021-2031 (Revenue, $Million)
Table 9. Solar Shingles Market for Residential, by Region, 2021-2031 (Revenue, $Million)
Table 10. Solar Shingles Market for Commercial, by Region, 2021-2031 (Revenue, $Million)
Table 11. Solar Shingles Market for Industrial, by Region, 2021-2031 (Revenue, $Million)
Table 12. Solar Shingles Market, by Region, 2021-2031 (Revenue, $Million)
Table 13. North America Solar Shingles Market, by Type, 2021-2031 (Revenue, $Million)
Table 14. North America Solar Shingles Market, by Roofing Type, 2021-2031 (Revenue, $Million)
Table 15. North America Solar Shingles Market, by End-user, 2021-2031 (Revenue, $Million)
Table 16. North America Solar Shingles Market, by Country, 2021-2031 (Revenue, $Million)
Table 17. U.S. Solar Shingles Market, by Type, 2021-2031 (Revenue, $Million)
Table 18. U.S. Solar Shingles Market, by Roofing Type, 2021-2031 (Revenue, $Million)
Table 19. U.S. Solar Shingles Market, by End-user, 2021-2031 (Revenue, $Million)
Table 20. Canada Solar Shingles Market, by Type, 2021-2031 (Revenue, $Million)
Table 21. Canada Solar Shingles Market, by Roofing Type, 2021-2031 (Revenue, $Million)
Table 22. Canada Solar Shingles Market, by End-user, 2021-2031 (Revenue, $Million)
Table 23. Mexico Solar Shingles Market, by Type, 2021-2031 (Revenue, $Million)
Table 24. Mexico Solar Shingles Market, by Roofing Type, 2021-2031 (Revenue, $Million)
Table 25. Mexico Solar Shingles Market, by End-user, 2021-2031 (Revenue, $Million)
Table 26. Europe Solar Shingles Market, by Type, 2021-2031 (Revenue, $Million)
Table 27. Europe Solar Shingles Market, by Roofing Type, 2021-2031 (Revenue, $Million)
Table 28. Europe Solar Shingles Market, by End-user, 2021-2031 (Revenue, $Million)
Table 29. Europe Solar Shingles Market, by Country, 2021-2031 (Revenue, $Million)
Table 30. Germany Solar Shingles Market, by Type, 2021-2031 (Revenue, $Million)
Table 31. Germany Solar Shingles Market, by Roofing Type, 2021-2031 (Revenue, $Million)
Table 32. Germany Solar Shingles Market, by End-user, 2021-2031 (Revenue, $Million)
Table 33. France Solar Shingles Market, by Type, 2021-2031 (Revenue, $Million)
Table 34. France Solar Shingles Market, by Roofing Type, 2021-2031 (Revenue, $Million)
Table 35. France Solar Shingles Market, by End-user, 2021-2031 (Revenue, $Million)
Table 36. Italy Solar Shingles Market, by Type, 2021-2031 (Revenue, $Million)
Table 37. Italy Solar Shingles Market, by Roofing Type, 2021-2031 (Revenue, $Million)
Table 38. Italy Solar Shingles Market, by End-user, 2021-2031 (Revenue, $Million)
Table 39. Spain Solar Shingles Market, by Type, 2021-2031 (Revenue, $Million)
Table 40. Spain Solar Shingles Market, by Roofing Type, 2021-2031 (Revenue, $Million)
Table 41. Spain Solar Shingles Market, by End-user, 2021-2031 (Revenue, $Million)
Table 42. UK Solar Shingles Market, by Type, 2021-2031 (Revenue, $Million)
Table 43. UK Solar Shingles Market, by Roofing Type, 2021-2031 (Revenue, $Million)
Table 44. UK Solar Shingles Market, by End-user, 2021-2031 (Revenue, $Million)
Table 45. Rest of Europe Solar Shingles Market, by Type, 2021-2031 (Revenue, $Million)
Table 46. Rest of Europe Solar Shingles Market, by Roofing Type, 2021-2031 (Revenue, $Million)
Table 47. Rest of Europe Solar Shingles Market, by End-user, 2021-2031 (Revenue, $Million)
Table 48. Asia-Pacific Solar Shingles Market, by Type, 2021-2031 (Revenue, $Million)
Table 49. Asia-Pacific Solar Shingles Market, by Roofing Type, 2021-2031 (Revenue, $Million)
Table 50. Asia-Pacific Solar Shingles Market, by End-user, 2021-2031 (Revenue, $Million)
Table 51. Asia-Pacific Solar Shingles Market, by Country, 2021-2031 (Revenue, $Million)
Table 52. China Solar Shingles Market, by Type, 2021-2031 (Revenue, $Million)
Table 53. China Solar Shingles Market, by Roofing Type, 2021-2031 (Revenue, $Million)
Table 54. China Solar Shingles Market, by End-user, 2021-2031 (Revenue, $Million)
Table 55. Japan Solar Shingles Market, by Type, 2021-2031 (Revenue, $Million)
Table 56. Japan Solar Shingles Market, by Roofing Type, 2021-2031 (Revenue, $Million)
Table 57. Japan Solar Shingles Market, by End-user, 2021-2031 (Revenue, $Million)
Table 58. India Solar Shingles Market, by Type, 2021-2031 (Revenue, $Million)
Table 59. India Solar Shingles Market, by Roofing Type, 2021-2031 (Revenue, $Million)
Table 60. India Solar Shingles Market, by End-user, 2021-2031 (Revenue, $Million)
Table 61. Australia Solar Shingles Market, by Type, 2021-2031 (Revenue, $Million)
Table 62. Australia Solar Shingles Market, by Roofing Type, 2021-2031 (Revenue, $Million)
Table 63. Australia Solar Shingles Market, by End-user, 2021-2031 (Revenue, $Million)
Table 64. South Korea Solar Shingles Market, by Type, 2021-2031 (Revenue, $Million)
Table 65. South Korea Solar Shingles Market, by Roofing Type, 2021-2031 (Revenue, $Million)
Table 66. South Korea Solar Shingles Market, by End-user, 2021-2031 (Revenue, $Million)
Table 67. Rest of Asia-Pacific Solar Shingles Market, by Type, 2021-2031 (Revenue, $Million)
Table 68. Rest of Asia-Pacific Solar Shingles Market, by Roofing Type, 2021-2031 (Revenue, $Million)
Table 69. Rest of Asia-Pacific Solar Shingles Market, by End-user, 2021-2031 (Revenue, $Million)
Table 70. LAMEA Solar Shingles Market, by Type, 2021-2031 (Revenue, $Million)
Table 71. LAMEA Solar Shingles Market, by Roofing Type, 2021-2031 (Revenue, $Million)
Table 72. LAMEA Solar Shingles Market, by End-user, 2021-2031 (Revenue, $Million)
Table 73. LAMEA Solar Shingles Market, by Country, 2021-2031 (Revenue, $Million)
Table 74. Brazil Solar Shingles Market, by Type, 2021-2031 (Revenue, $Million)
Table 75. Brazil Solar Shingles Market, by Roofing Type, 2021-2031 (Revenue, $Million)
Table 76. Brazil Solar Shingles Market, by End-user, 2021-2031 (Revenue, $Million)
Table 77. Saudi Arabia Solar Shingles Market, by Type, 2021-2031 (Revenue, $Million)
Table 78. Saudi Arabia Solar Shingles Market, by Roofing Type, 2021-2031 (Revenue, $Million)
Table 79. Saudi Arabia Solar Shingles Market, by End-user, 2021-2031 (Revenue, $Million)
Table 80. South Africa Solar Shingles Market, by Type, 2021-2031 (Revenue, $Million)
Table 81. South Africa Solar Shingles Market, by Roofing Type, 2021-2031 (Revenue, $Million)
Table 82. South Africa Solar Shingles Market, by End-user, 2021-2031 (Revenue, $Million)
Table 83. Rest of LAMEA Solar Shingles Market, by Type, 2021-2031 (Revenue, $Million)
Table 84. Rest of LAMEA Solar Shingles Market, by Roofing Type, 2021-2031 (Revenue, $Million)
Table 85. Rest of LAMEA Solar Shingles Market, by End-user, 2021-2031 (Revenue, $Million)
Table 86. Canadian Solar: Key Executives
Table 87. Canadian Solar: Company Snapshot
Table 88. Canadian Solar: Operating Segments
Table 89. Canadian Solar: Product Portfolio
Table 90. Canadian Solar: Net Sales
Table 91. Canadian Solar: Key Strategies
Table 92. Ertex Solar: Key Executives
Table 93. Ertex Solar: Company Snapshot
Table 94. Ertex Solar: Operating Segments
Table 95. Ertex Solar: Product Portfolio
Table 96. Ertex Solar: Net Sales
Table 97. Ertex Solar: Key Strategies
Table 98. Flexsol Solutions B.V.: Key Executives
Table 99. Flexsol Solutions B.V.: Company Snapshot
Table 100. Flexsol Solutions B.V.: Operating Segments
Table 101. Flexsol Solutions B.V.: Product Portfolio
Table 102. Flexsol Solutions B.V.: Net Sales
Table 103. Flexsol Solutions B.V.: Key Strategies
Table 104. Suntegra Solar: Key Executives
Table 105. Suntegra Solar: Company Snapshot
Table 106. Suntegra Solar: Operating Segments
Table 107. Suntegra Solar: Product Portfolio
Table 108. Suntegra Solar: Net Sales
Table 109. Suntegra Solar: Key Strategies
Table 110. Sunflare: Key Executives
Table 111. Sunflare: Company Snapshot
Table 112. Sunflare: Operating Segments
Table 113. Sunflare: Product Portfolio
Table 114. Sunflare: Net Sales
Table 115. Sunflare: Key Strategies
Table 116. Tesla: Key Executives
Table 117. Tesla: Company Snapshot
Table 118. Tesla: Operating Segments
Table 119. Tesla: Product Portfolio
Table 120. Tesla: Net Sales
Table 121. Tesla: Key Strategies
Table 122. Pv Technical Services Inc.: Key Executives
Table 123. Pv Technical Services Inc.: Company Snapshot
Table 124. Pv Technical Services Inc.: Operating Segments
Table 125. Pv Technical Services Inc.: Product Portfolio
Table 126. Pv Technical Services Inc.: Net Sales
Table 127. Pv Technical Services Inc.: Key Strategies
Table 128. Ergosun: Key Executives
Table 129. Ergosun: Company Snapshot
Table 130. Ergosun: Operating Segments
Table 131. Ergosun: Product Portfolio
Table 132. Ergosun: Net Sales
Table 133. Ergosun: Key Strategies
Table 134. Certainteed: Key Executives
Table 135. Certainteed: Company Snapshot
Table 136. Certainteed: Operating Segments
Table 137. Certainteed: Product Portfolio
Table 138. Certainteed: Net Sales
Table 139. Certainteed: Key Strategies
Table 140. Anu Solar Power Pvt Ltd.: Key Executives
Table 141. Anu Solar Power Pvt Ltd.: Company Snapshot
Table 142. Anu Solar Power Pvt Ltd.: Operating Segments
Table 143. Anu Solar Power Pvt Ltd.: Product Portfolio
Table 144. Anu Solar Power Pvt Ltd.: Net Sales
Table 145. Anu Solar Power Pvt Ltd.: Key Strategies
List of Figures
Figure 1. Segmentation of Solar Shingles Market,2021-2031
Figure 2. Solar Shingles Market,2021-2031
Figure 3. Top Investment Pockets, by Region
Figure 4. Porter Five-1
Figure 5. Porter Five-2
Figure 6. Porter Five-3
Figure 7. Porter Five-4
Figure 8. Porter Five-5
Figure 9. Solar Shingles Market:Drivers, Restraints and Opportunities
Figure 10. Value Chain Analysis
Figure 11. Key Regulation Analysis
Figure 12. Solar Shingles Market,By Type,2021(%)
Figure 13. Comparative Share Analysis of Silicon Solar Shingles Solar Shingles Market, 2021 and 2031(%)
Figure 14. Comparative Share Analysis of Copper - Indium - Gallium - Selenide (Cigs) Solar Shingles Solar Shingles Market, 2021 and 2031(%)
Figure 15. Comparative Share Analysis of Others Solar Shingles Market, 2021 and 2031(%)
Figure 16. Solar Shingles Market,By Roofing Type,2021(%)
Figure 17. Comparative Share Analysis of New Roofing Solar Shingles Market, 2021 and 2031(%)
Figure 18. Comparative Share Analysis of Reroofing Solar Shingles Market, 2021 and 2031(%)
Figure 19. Solar Shingles Market,By End-user,2021(%)
Figure 20. Comparative Share Analysis of Residential Solar Shingles Market, 2021 and 2031(%)
Figure 21. Comparative Share Analysis of Commercial Solar Shingles Market, 2021 and 2031(%)
Figure 22. Comparative Share Analysis of Industrial Solar Shingles Market, 2021 and 2031(%)
Figure 23. Solar Shingles Market by Region,2021
Figure 24. U.S. Solar Shingles Market,2021-2031($Million)
Figure 25. Canada Solar Shingles Market,2021-2031($Million)
Figure 26. Mexico Solar Shingles Market,2021-2031($Million)
Figure 27. Germany Solar Shingles Market,2021-2031($Million)
Figure 28. France Solar Shingles Market,2021-2031($Million)
Figure 29. Italy Solar Shingles Market,2021-2031($Million)
Figure 30. Spain Solar Shingles Market,2021-2031($Million)
Figure 31. UK Solar Shingles Market,2021-2031($Million)
Figure 32. Rest of Europe Solar Shingles Market,2021-2031($Million)
Figure 33. China Solar Shingles Market,2021-2031($Million)
Figure 34. Japan Solar Shingles Market,2021-2031($Million)
Figure 35. India Solar Shingles Market,2021-2031($Million)
Figure 36. Australia Solar Shingles Market,2021-2031($Million)
Figure 37. South Korea Solar Shingles Market,2021-2031($Million)
Figure 38. Rest of Asia-Pacific Solar Shingles Market,2021-2031($Million)
Figure 39. Brazil Solar Shingles Market,2021-2031($Million)
Figure 40. Saudi Arabia Solar Shingles Market,2021-2031($Million)
Figure 41. South Africa Solar Shingles Market,2021-2031($Million)
Figure 42. Rest of LAMEA Solar Shingles Market,2021-2031($Million)
Figure 43. Top Winning Strategies, by Year
Figure 44. Top Winning Strategies, by Development
Figure 45. Top Winning Strategies, by Company
Figure 46. Product Mapping of Top 10 Players
Figure 47. Competitive Dashboard
Figure 48. Competitive Heatmap of Top 10 Key Players
Figure 49. Top Player Positioning, 2021
Figure 50. Canadian Solar.: Net Sales ($Million)
Figure 51. Ertex Solar.: Net Sales ($Million)
Figure 52. Flexsol Solutions B.V..: Net Sales ($Million)
Figure 53. Suntegra Solar.: Net Sales ($Million)
Figure 54. Sunflare.: Net Sales ($Million)
Figure 55. Tesla.: Net Sales ($Million)
Figure 56. Pv Technical Services Inc..: Net Sales ($Million)
Figure 57. Ergosun.: Net Sales ($Million)
Figure 58. Certainteed.: Net Sales ($Million)
Figure 59. Anu Solar Power Pvt Ltd.: Net Sales ($Million)
Executive Summary
According to the report titled, 'Solar Shingles Market,' the solar shingles market was valued at $326.2 million in 2021, and is estimated to reach $555.2 million by 2031, growing at a CAGR of 5.5% from 2022 to 2031.Solar shingles have been created as an aesthetic and integrated alternative to conventional standard photovoltaic system solutions. Solar shingles can be used to create electricity, which would then be used to power household appliances or feed electricity into the grid, or they can be used to convert electricity into heat, much like solar thermal energy (STE) systems. Ideally, depending on a house's location, roof area, and roof orientation, effective solar shingles might entirely supply the building's electrical needs.
The major benefits of solar shingles over conventional PV modules, which are bulky and clearly visible, are their significantly lower weight and perhaps more attractive roof integration. Solar shingles are weather-resistant and meet similar strength and flexibility requirements as conventional roof shingles. Solar shingles have more uses than conventional PV modules do, such as the ability to act as waterproof barriers and shield roofs from the passage of outside waste.
Solar shingle market is anticipated to see substantial growth during the forecasted period on account of growing emphasis on cost savings and the elongating electricity bills. Traditional solar panels are increasingly being replaced as a result of the growing need for sleek appearances. The need to upgrade and upgrade residential buildings is growing as a result of growing environmental concerns and the negative effects of fossil fuel-based electricity generation. Another significant factor in the industry's growth is the explosive adoption of sustainable products. This factor is predicted to create remunerative opportunities for expansion of the solar shingle market in the future.
The solar shingle is segmented on the basis of type, roofing type, end user and region. On the basis of type, it is classified into silicon solar shingles, (CIGS) solar shingles and others. By roofing type, the market is categorized new roofing and reroofing. On the basis of end user, it is divided into residential, commercial and industrial. Region-wise, the market is studied across North America, Europe, Asia-Pacific, And LAMEA.
Key players operating in the global solar shingle market include Anu Solar Power Pvt Ltd, Canadian Solar, CertainTeed, Ertex Solar,Ergosun, FlexSol Solutions B.V., PV Technical Services Inc., SunTegra Solar, Sunflare, Tesla.
KEY FINDINGS OF THE STUDY:
The silicon solar shingle segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 5.8% from 2022 to 2031.The new roofing segment is anticipated to register the highest CAGR of 5.7% during the forecast period.
Asia-Pacific garnered the highest share of 40.2% in 2021, in terms of revenue, growing at a CAGR of 6.1%.
Companies Mentioned
- Canadian Solar
- Ertex Solar
- FlexSol Solutions B.V.
- SunTegra Solar
- Sunflare
- tesla
- PV Technical Services Inc.
- Ergosun
- CertainTeed
- Anu Solar Power Pvt Ltd
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 204 |
Published | January 2023 |
Forecast Period | 2021 - 2031 |
Estimated Market Value ( USD | $ 326.2 million |
Forecasted Market Value ( USD | $ 555.2 million |
Compound Annual Growth Rate | 5.5% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |