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Industry Developments
The Italy Solar Rooftop Sales Market has witnessed substantial activity lately. In October 2023, Enel Green Power announced plans for significant investments in solar energy solutions aimed at increasing rooftop installations across urban areas. Additionally, recent collaborations between Solarpack and Italian municipalities have been initiated to boost local solar projects. The market has observed steady growth, with the total capacity of installed solar rooftops reaching approximately 2.5 GW as of September 2023, reflecting a positive trend towards renewable energy adoption. In terms of mergers and acquisitions, BayWa r.e. engaged in strategic partnerships with local firms in August 2023, enhancing their rooftop solar market presence in Italy. Moreover, Canadian Solar and LONGi Solar are expanding their distribution networks to include Italian solar installers, further amplifying market competition. As of June 2023, Energias de Portugal successfully acquired a significant stake in a prominent Italian solar company, thereby solidifying its foothold in the region. These developments are indicative of Italy's commitment to fostering sustainable energy practices and increasing energy independence through solar initiatives, supported by government incentives and a favorable regulatory environment.
Report Scope
Report Scope:
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 1.76(USD Billion) |
| MARKET SIZE 2024 | 2.12(USD Billion) |
| MARKET SIZE 2035 | 12.94(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 17.887% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | BayWa r.e., Enel Green Power, Qcells, Luminus, LONGi Solar, Canadian Solar, Solarpack, RWE, Edison, Falck Renewables, SunPower, Trina Solar, Soltec, TotalEnergies, Energias de Portugal |
| SEGMENTS COVERED | Capacity, Connectivity, End User |
| KEY MARKET OPPORTUNITIES | Growing government incentives, Increasing residential demand, Expanding commercial sector, Technological advancements, Rising energy costs |
| KEY MARKET DYNAMICS | Government incentives and subsidies, Increasing electricity costs, Environmental sustainability awareness, Technological advancements in solar, Rising energy independence demand |
| COUNTRIES COVERED | Italy |
FAQs
What is the expected market value of the Italy Solar Rooftop Sales Market in 2024?
The Italy Solar Rooftop Sales Market is expected to be valued at 2.12 USD Billion in 2024.
How much is the Italy Solar Rooftop Sales Market projected to grow by 2035?
By 2035, the market is projected to grow significantly to a value of 12.94 USD Billion.
What is the expected compound annual growth rate (CAGR) for the market from 2025 to 2035?
The expected CAGR for the Italy Solar Rooftop Sales Market from 2025 to 2035 is 17.887%.
Which segment has the largest market value in 2024 and what is its size?
The segment of solar rooftops with a capacity of <10 kW has the largest market value, estimated at 0.85 USD Billion in 2024.
What market value is expected for the <10 kW capacity segment by 2035?
By 2035, the market value for the <10 kW capacity segment is expected to reach 5.2 USD Billion.
Who are the major players in the Italy Solar Rooftop Sales Market?
Key players in the market include BayWa r.e., Enel Green Power, Qcells, LONGi Solar, and Canadian Solar.
What is the market value for the 11 kW-100 kW capacity segment in 2024?
The 11 kW-100 kW capacity segment is valued at 0.75 USD Billion in 2024.
What is the expected growth for the >100 kW capacity segment from 2024 to 2035?
The >100 kW capacity segment is expected to grow from 0.52 USD Billion in 2024 to 3.14 USD Billion by 2035.
What are some emerging trends driving growth in the Italy Solar Rooftop Sales Market?
Emerging trends include increased consumer awareness of renewable energy benefits and governmental support for solar initiatives.
How is the Italy Solar Rooftop Sales Market expected to be impacted by global events?
Global conflicts and economic conditions may impact supply chain dynamics and overall market growth in the solar sector.
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