DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Asia-Pacific Rooftop Solar Power Market - Forecast to 2020" report to their offering.
The rooftop solar market in Asia-Pacific is at the growth stage, but is likely to witness changes in feed-in tariff (FiT) until 2020. Solar module prices are expected to continue to decline due to price competition led by Chinese manufacturers and the slowing down of global demand. However, prices are expected to decline at a slower pace till 2020, as the number of manufacturers approaching breakeven point is increasing.
Due to the uncertain environment for large-scale solar power projects, Japan is leaning toward the residential rooftop solar power market. The rooftop solar power market in Southeast Asia is expected to gain momentum due to increasing public awareness and government support. In particular, Singapore is one of the high-growth rooftop solar power markets in Southeast Asia, with its solar leasing model, which provides a great platform for the private sector to participate. All in all, the FiT policy and supportive government legislation are key drivers for the rooftop solar power market in most countries in Asia-Pacific.
Australia is expected to continue to hold the leading position in the region of Australia and New Zealand (ANZ), despite rapid growth in New Zealand's rooftop solar power market. Regarding competition, mergers and acquisitions are expected to continue in the market. As the overall solar market remains optimistically buoyant, leading market participants will probably seek potential consolidation to enhance competency and future business opportunities.
Key Topics Covered:
1. Executive Summary
3. Market Overview
4. Policy Development on Feed-in-Tariffs
5. Growth Opportunities and Call to Action
6. The Last Word
For more information about this report visit https://www.researchandmarkets.com/research/gz5ndq/asiapacific