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Solar Shingles Market Size to reach USD 499.18 Mn by 2029 at a CAGR of 5.46 percent, Emerging Trends and Key Players

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Solar Shingles Market Size to reach USD 499.18 Mn by 2029 at a CAGR of 5.46 percent, Emerging Trends and Key Players

April 26
19:04 2023
Solar Shingles Market Size to reach USD 499.18 Mn by 2029 at a CAGR of 5.46 percent, Emerging Trends and Key Players
Solar Shingles Market
The Solar Shingles Market size was valued at USD 344.02 Million in 2022 and the total Solar Shingles Market is expected to grow at a CAGR of 5.46 % from 2023 to 2029, reaching nearly USD 499.18 Million.

Pune, 26, April, 2023: Maximize Market Research, an Energy & Power business research firm has published a report on the “Solar Shingles Market”. The total opportunity for Solar Shingles Market was USD 344.02 Mn in 2022 and is expected to grow at 5.46 percent CAGR through the forecast period to reach USD 499.18 Mn by 2029. 

Solar Shingles Market Report Scope and Research Methodology

The objective of the report is to analyze and forecast the Solar Shingles market size. The market report includes strategic profiling of significant market participants in order to accurately depict the competitive environment for the global Solar Shingles market. it includes a detailed analysis of new product launches, acquisitions, mergers, and joint ventures, brands and key players in the Solar Shingles industry. The report provides information on industry trends and developments, market dynamics and their potential, which helps experts to stay up to date on the most recent trends and sector performance, predicting growth and decline in Solar Shingles market share between 2022 to 2029. To know the Solar Shingles industry in detail, primary and secondary research methods were used and for accurate finding various methodologies such as the PESTLE, PORTER, and SWOT analysis were used. SWOT analysis was employed to provide strengths, weaknesses, opportunities and challenges for Solar Shingles key players in the industry. PORTER and PESTLE analysis helps to understand the microeconomic and macroeconomic factors affecting the Solar Shingles industry.  

Solar Shingles Market Dynamics

The rising awareness about solar products and clean energy along with the aesthetic looks to their buildings is the key driver of the market. The increasing advancements and research and development in the electronics sector because of which semiconductors are employed in all electronic devices are creating growth opportunities in the future.  

The high installation costs are the main factor that is expected to hamper the Solar Shingles market growth during the forecast period.

Get a Sample Copy of the Report: 

Solar Shingles Market Regional Insights

The Solar Shingles Market in the Europe region is expected to grow at a high rate during the forecast period. The regional market is growing due to the increasing demand for sustainable and energy-efficient building materials. 

The Asia Pacific region is also expected to grow at a high rate during the forecast period due to the huge potential of planned solar projects in the future. 

Solar Shingles Market Segmentation

By Type

  • Silicon Solar Shingles
  • Copper – Indium – Gallium – Selenide (CIGS) Solar Shingles


By Roofing Type

  • New Roofing
  • Reroofing


By End-User

  • Residential
  • Commercial
  • Industrial


Solar Shingles Key Competitors include:

  • Solar Lighting International, Inc. (U.S.)
  • Azuri Technologies Ltd (Kenya)
  • Dyesol Ltd. (Australia)
  • Solarwatt (Germany)
  • Hanergy Holding Group Limited (China)
  • Ertex Solartechnik GmbH (Germany
  • Canadian Solar (Canada)
  • Sunflare (U.S.)
  • DOW (U.S.)
  • Tesla, (U.S.)
  • PVEL LLC (U.S.)
  • Ergosun (U.S.)
  • RGS Energy (U.S.)
  • FlexSol Solutions B.V. (Netherlands)
  • SunTegra Solar (U.S.)
  • SunMaster Solar Lighting Co.,Ltd. (China)
  • SolarOne Solutions, Inc. (U.S.)
  • Best Solar Street Lights USA (U.S.)


Table of Content for Solar Shingles Market

  • Global Solar Shingles Market: Research Methodology


  • Global Solar Shingles Market: Executive Summary
  • Market Overview and Definitions
  • Introduction to Global Market
  • Summary
  • Key Findings
  • Recommendations for Investors
  • Recommendations for Market Leaders 
  • Recommendations for New Market Entry


  • Global Solar Shingles Market: Competitive Analysis
  • MMR Competition Matrix
  • Market Structure by region
  • Competitive Benchmarking of Key Players
  • Consolidation in the Market
  • M&A by region
  • Key Developments by Companies
  • Market Drivers
  • Market Restraints
  • Market Opportunities 
  • Market Challenges
  • Market Dynamics
  • PORTERS Five Forces Analysis
  • Regulatory Landscape by region
  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South America
  • COVID-19 Impact


  • Global Solar Shingles Market Segmentation
  • Global Market, by Type (2022-2029)
  • Global Market, by Roofing Type (2022-2029)
  • Global Market, by End-User (2022-2029)


  • Regional Solar Shingles Market (2021-2029)
  • Regional Market, by Type (2022-2029)
  • Regional Market, by Roofing Type (2022-2029)
  • Regional Market, by End-User (2022-2029)
  • Regional Market, by Country (2022-2029)


  • Company Profile: Key players
  • Company Overview
  • Financial Overview
  • Global Presence
  • Capacity Portfolio
  • Business Strategy 
  • Recent Developments


Get the Sample PDF of Report: 

Key questions answered in the Solar Shingles Market are:

  • What are Solar Shingles?
  • What is the expected Solar Shingles Market size by 2029?
  • What was the Solar Shingles market size in 2023?
  • What is the expected CAGR of the Solar Shingles market during the forecast period?
  • What are the Solar Shingles market segments?
  • Which segment is expected to grow at a high rate during the forecast period? 
  • What factors are driving the Solar Shingles market growth?
  • What are the major challenges that the Solar Shingles Market could face in the future? 
  • What factors are providing growth opportunities for the Solar Shingles Market?
  • Who are the Solar Shingles leading players? 
  • Which region held the largest Solar Shingles market share? 
  • Which regional largest Solar Shingles market is expected to grow at a high rate during the forecast period? 


Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by Type, Roofing Type, End-User and Region 
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 


Maximize Market Research is leading Energy & Power research firm, has also published the following reports:

Solar Concentrator Market – The market size is expected to reach USD 56.79 billion by 2029 at a CAGR of 14.3 percent during the forecast period. The market is expected to be driven by the rising number of utility-scale projects across the world as an alternative to traditional energy production sources. 

Solar Blanket Market – The market size is expected to reach USD 237.05 Mn by 2029 at a CAGR of 7.55 percent during the forecast period. The market is expected to be driven by the rising awareness of renewable energy and a shift towards sustainable energy sources. 


About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.


Contact Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2

Pune Banglore Highway, Narhe,

Pune, Maharashtra 411041, India

[email protected] 

+91 96071 95908, +91 9607365656

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