India Solar Rooftop Market to Reach USD 4.21 Billion by 2033, Expanding at 6.30% CAGR | Research Report

The latest report by IMARC Group, titled “India Solar Rooftop Market Report by Grid Type (On-Grid, Off-Grid), End User (Industrial, Commercial, Residential), and Region 2025-2033”, offers a comprehensive analysis of the India solar rooftop market. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.

How Big is the India Solar Rooftop Industry?

India solar rooftop market size reached USD 2.37 Billion in 2024 and is expected to reach USD 4.21 Billion by 2033, exhibiting a growth rate (CAGR) of 6.30% during 2025-2033.

India Solar Rooftop Market Trends:

The Indian solar rooftop market is witnessing a fast-paced transformation with greater environmental awareness and government policy aid, along with the growing need for decentralized energy generation. A sharp depreciation in solar photovoltaic module prices has furnished a major fillip to the walking down valuation of rooftop solar, along with betterment in storage and smart metering technologies across residential, commercial, and industrial sectors. Further, there is an uptrend in sustainable infrastructure projects in urban areas, wherein buildings are adopting solar rooftops to meet their green building certification requirements.

Meanwhile, DISCOMs are working on grid policy reform and, along with energy regulators, are supporting consumers by incentivizing rooftop solar through net metering. These are further supplemented by central government schemes like the Grid-Connected Rooftop Solar Programme, which accelerates installation growth coupled with state-level subsidies. Leasing arrangements and third-party ownership are another trend, which helps so that customers can avoid large upfront capital expenditure. The commercial and industrial segment next continues to dominate the adoption curve due to its strong financial viability and demand for stable power. These factors together indicate a positive shift in consumer mindset, from energy consumption to energy generation, positioning rooftop solar as a key component of India’s sustainable energy transition.

Get Free Sample Report: https://www.imarcgroup.com/india-solar-rooftop-market/requestsample

India Solar Rooftop Market Scope and Growth Analysis:

There is tremendous growth opportunity for the India solar rooftop market, stimulated through favorable policy frameworks, technological innovations, and increasing engagements from the private and public sectors. With a lofty renewable agenda, the government in India promotes distributed solar generation for reduced reliance on conventional power sources and to accumulate carbon credits. Further in this direction, rooftop solar installations maintain their relevance and applicability for various customer segments, enabling the technology to be scaled across urban and rural utilization. The adoption of digital platforms for application processing, system monitoring, and performance analytics is thereby fast-tracking deployment and maintenance by the end-user.

The residential sector, although less penetrated, is gaining traction with increased awareness levels along with the introduction of tailored subsidy schemes. Also, ESCOs and financial institutions extend performance-linked financing as well as pay-as-you-save schemes to further benefit the affordability and accessibility. With grid tariffs shooting up and reliability issues cropping up, rooftop solar is fast becoming an economically viable option for industries, schools, hospitals, and housing societies. Furthermore, the integration of rooftop solar with battery storage and electric vehicle charging infrastructure is opening new avenues for market convergence. As India continues to pursue decentralized energy targets, the rooftop solar market is well-positioned for sustained and inclusive growth across various regions and economic segments.

India Solar Rooftop Market Segmentation:

The market report offers a comprehensive analysis of the segments, highlighting those with the largest India solar rooftop market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments. 

Grid Type Insights:

• On-Grid
• Off-Grid

End User Insights:

• Industrial
• Commercial
• Residential

Regional Insights:

• North India
• West and Central India
• South India
• East and Northeast India

Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

Other key areas covered in the report:

• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Market Dynamics
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape
• Top Winning Strategies
• Recent Industry News
• Key Technological Trends & Development

Ask Analyst For Customization: https://www.imarcgroup.com/request?type=report&id=22209&flag=C

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.

IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:  

IMARC Group 

134 N 4th St. Brooklyn, NY 11249, USA 

Email: sales@imarcgroup.com 

Tel No:(D) +91 120 433 0800 

United States: +1-201971-6302