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Rooftop Solar Market Size, Share and Forecast 2026-2036

The global rooftop solar market is worth USD 131 bn in 2026 and is forecast to reach USD 234 bn by 2036, growing at a 6.0% CAGR. China is the largest country market and Residential is the largest by segment segment.

USD 131 bnMarket size 2026
USD 234 bnForecast 2036
6.0%CAGR 2026-2036
ChinaLargest country

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5 segmentation views25 countries2026 to 2036 yearly forecast

Market overview

The global rooftop solar market is worth USD 131 bn in 2026 and is forecast to reach USD 234 bn by 2036, growing at a 6.0% CAGR. China is the largest country market and Residential is the largest by segment segment.

ScopeRooftop solar systems for homes and commercial buildings: modules, inverters, mounting, batteries paired with systems, and installation, valued as installed systems.
IndustryServices and Utilities
Value 2025USD 125 bn
Value 2026USD 131 bn
Value 2036USD 234 bn
CAGR 2026-20366.0%
Volume 2026244,010 MW
Volume 2036508,281 MW
Average price 2026USD 535,300 per MW
Report priceStarts from USD 1,999
PublishedNovember 2026

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Rooftop Solar market size and forecast, 2026-2036

Exhibit 1The global rooftop solar market is forecast to grow from USD 131 bn in 2026 to USD 234 bn by 2036, a rise of 79%Global market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 6.0%
Rooftop Solar market value, 2025 to 2036Market value by year. 2025: USD 125 bn; 2026: USD 131 bn; 2027: USD 138 bn; 2028: USD 147 bn; 2029: USD 156 bn; 2030: USD 165 bn; 2031: USD 175 bn; 2032: USD 185 bn; 2033: USD 196 bn; 2034: USD 208 bn; 2035: USD 221 bn; 2036: USD 234 bn. Compound annual growth rate 2026 to 2036: 6.0%.2025131 bn2026175 bn2031234 bn20366.0% CAGR

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

YearMarket value
2026USD 131 bn
2027USD 138 bn
2028USD 147 bn
2029USD 156 bn
2030USD 165 bn
2031USD 175 bn
2032USD 185 bn
2033USD 196 bn
2034USD 208 bn
2035USD 221 bn
2036USD 234 bn

Rooftop Solar market segmentation

By segment

Exhibit 2Residential is the largest segment by segment, with 38.0% of 2026 revenueEstimated share of 2026 global revenue, by segment
Rooftop Solar market share by segment, 2026Share of 2026 revenue by segment. Residential: 38.0%; Commercial: 34.0%; Industrial: 28.0%.Residential38.0%Commercial34.0%Industrial28.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Residential38.0%34.3%USD 49.6 bn4.9%
Commercial34.0%35.3%USD 44.4 bn6.4%
Industrial28.0%30.4%USD 36.6 bn6.9%

By component

Exhibit 3Installation and engineering adds the most revenue by component, growing from USD 39.2 bn in 2026 to USD 67.3 bn by 2036Estimated revenue in USD by component, 2026 and 2036 forecast
Rooftop Solar market by component, 2026 and 2036Revenue by component in 2026 and 2036. Installation and engineering: USD 39.2 bn in 2026, USD 67.3 bn in 2036, change +72%; Panels: USD 39.2 bn in 2026, USD 64.2 bn in 2036, change +64%; Mounting and balance of system: USD 23.5 bn in 2026, USD 38.5 bn in 2036, change +64%; Paired batteries: USD 13.1 bn in 2026, USD 37.1 bn in 2036, change +184%; Inverters: USD 15.7 bn in 2026, USD 26.9 bn in 2036, change +72%.20262036 forecastChangeInstallation and engineering+72%39.2 bn67.3 bnPanels+64%39.2 bn64.2 bnMounting and balance of system+64%23.5 bn38.5 bnPaired batteries+184%13.1 bn37.1 bnInverters+72%15.7 bn26.9 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Panels30.0%27.4%USD 39.2 bn5.1%
Inverters12.0%11.5%USD 15.7 bn5.5%
Mounting and balance of system18.0%16.5%USD 23.5 bn5.1%
Installation and engineering30.0%28.8%USD 39.2 bn5.5%
Paired batteries10.0%15.9%USD 13.1 bn11.0%

By ownership

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Customer-owned58.0%56.9%USD 75.8 bn5.8%
Leased28.0%28.8%USD 36.6 bn6.3%
Power-purchase14.0%14.4%USD 18.3 bn6.3%

By installation type

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Pitched roof52.0%46.0%USD 67.9 bn4.7%
Flat roof32.0%34.0%USD 41.8 bn6.6%
Carports and building-integrated16.0%20.0%USD 20.9 bn8.4%

By system size

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Under 10 kW44.0%38.0%USD 57.5 bn4.5%
10 kW to 100 kW28.0%29.0%USD 36.6 bn6.4%
100 kW to 1 MW20.0%24.0%USD 26.1 bn8.0%
Above 1 MW8.0%9.0%USD 10.4 bn7.3%

Top 25 countries for rooftop solar by revenue

Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 78.5% of 2026 revenue and the 25 countries below together hold 94.4%.

Exhibit 4China is the largest country market at USD 45.7 bn in 2026, and the three largest countries hold 55.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Rooftop Solar market, ten largest countries in 2026Ten largest countries by 2026 revenue. China: USD 45.7 bn, 35.0%; United States: USD 18.3 bn, 14.0%; India: USD 7.8 bn, 6.0%; Brazil: USD 6.5 bn, 5.0%; Germany: USD 5.9 bn, 4.5%; Australia: USD 4.6 bn, 3.5%; Japan: USD 4.6 bn, 3.5%; Italy: USD 3.3 bn, 2.5%; Spain: USD 3.3 bn, 2.5%; Netherlands: USD 2.6 bn, 2.0%.China45.7 bn 35.0%United States18.3 bn 14.0%India7.8 bn 6.0%Brazil6.5 bn 5.0%Germany5.9 bn 4.5%Australia4.6 bn 3.5%Japan4.6 bn 3.5%Italy3.3 bn 2.5%Spain3.3 bn 2.5%Netherlands2.6 bn 2.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1ChinaUSD 45.7 bn35.0%USD 79.8 bn5.7%
2United StatesUSD 18.3 bn14.0%USD 29.0 bn4.7%
3IndiaUSD 7.8 bn6.0%USD 23.9 bn11.8%
4BrazilUSD 6.5 bn5.0%USD 13.8 bn7.8%
5GermanyUSD 5.9 bn4.5%USD 9.4 bn4.8%
6AustraliaUSD 4.6 bn3.5%USD 7.3 bn4.7%
7JapanUSD 4.6 bn3.5%USD 6.6 bn3.7%
8ItalyUSD 3.3 bn2.5%USD 5.1 bn4.7%
9SpainUSD 3.3 bn2.5%USD 6.3 bn6.8%
10NetherlandsUSD 2.6 bn2.0%USD 3.7 bn3.7%
11FranceUSD 2.5 bn1.9%USD 4.2 bn5.3%
12United KingdomUSD 2.5 bn1.9%USD 4.2 bn5.3%
13PolandUSD 2.0 bn1.6%USD 3.4 bn5.4%
14MexicoUSD 1.7 bn1.3%USD 3.2 bn6.3%
15South KoreaUSD 1.5 bn1.2%USD 2.6 bn5.3%
16TurkeyUSD 1.4 bn1.1%USD 2.6 bn6.4%
17South AfricaUSD 1.3 bn1.0%USD 2.3 bn6.3%
18ChileUSD 1.2 bn0.9%USD 2.0 bn5.4%
19BelgiumUSD 1.1 bn0.8%USD 1.8 bn5.3%
20AustriaUSD 1.0 bn0.8%USD 1.8 bn5.3%
21PakistanUSD 993 mn0.8%USD 1.8 bn6.4%
22PhilippinesUSD 940 mn0.7%USD 1.7 bn6.3%
23TaiwanUSD 901 mn0.7%USD 1.5 bn5.4%
24Saudi ArabiaUSD 862 mn0.7%USD 1.6 bn6.3%
25ThailandUSD 836 mn0.6%USD 1.5 bn6.3%
Rest of worldUSD 7.3 bn5.6%USD 12.8 bn5.8%
Exhibit 5China and India account for 48% of the USD 103 bn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Rooftop Solar market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 131 bn. China: +USD 34.1 bn; India: +USD 16.0 bn; United States: +USD 10.7 bn; Brazil: +USD 7.3 bn; Germany: +USD 3.5 bn; 20 other countries: +USD 26.3 bn; Rest of world: +USD 5.5 bn. Market value 2036: USD 234 bn.Market value 2026131 bnChina+34.1 bnIndia+16.0 bnUnited States+10.7 bnBrazil+7.3 bnGermany+3.5 bn20 other countries+26.3 bnRest of world+5.5 bnMarket value 2036234 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

Competitive landscape

Group 1: Global leaders

  • LONGi
  • Trina Solar
  • JinkoSolar
  • Sunrun
  • Tesla
  • JA Solar
  • Canadian Solar
  • Aiko Solar

Group 2: Regional and specialist players

  • Enphase Energy
  • SolarEdge
  • Sungrow
  • Huawei
  • SMA Solar
  • Hanwha Qcells
  • REC Group
  • Fronius
  • GoodWe
  • Growatt

Group 3: Emerging and niche players

  • Freedom Forever
  • Palmetto
  • Waaree Energies
  • Otovo
  • Zolar
  • Tata Power Solar

Research methodology

Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the rooftop solar market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.

The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 6.0% is calculated from the resulting values.

The market is divided by segment, by component, by ownership, by installation type, by system size. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.

Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.

Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.

Read the full research methodology

Frequently asked questions

How big is the rooftop solar market?

The global rooftop solar market is estimated at USD 125 bn in 2025 and USD 131 bn in 2026.

How fast will the rooftop solar market grow?

It is forecast to reach USD 234 bn by 2036, a compound annual growth rate of 6.0% from 2026, an increase of USD 103 bn.

Which country is the largest market for rooftop solar?

China is the largest market by revenue at USD 45.7 bn in 2026, 35.0% of the global total. The three largest countries together hold 55.0%.

Which country is growing fastest?

Among the ten largest markets, India is growing fastest at 11.8% a year from 2026 to 2036.

Which rooftop solar segment is largest?

In the by segment split, Residential is the largest segment with 38.0% of 2026 revenue.

Who are the leading rooftop solar companies?

Global leaders include LONGi, Trina Solar, JinkoSolar, Sunrun.

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