| Code: MTA10240 | Publication Date: Oct 2025 |
There are numbers of factors which are contributing in the expansion of the market include rising electricity demand, increasing government incentives for solar adoption, growing awareness about renewable energy benefits, and reduction in solar panel costs which is making installations more affordable for residential, commercial, and industrial consumers.
India Rooftop Solar Market is witnessing major growth with notable trends such as the increasing adoption of grid-connected rooftop systems in residential and commercial sectors. The demand for energy storage integration is rising to enhance power reliability. Furthermore, digital monitoring and AI-based performance analytics are being deployed to improve operational efficiency. The use of lightweight and high-efficiency solar modules is expanding. Additionally, corporate and institutional buildings are increasingly switching to rooftop solar systems to meet sustainability goals and reduce operational costs.
India Rooftop Solar Market is evolving with continuous advancements in solar technology and financing models. The introduction of innovative business models such as RESCO (Renewable Energy Service Company) and leasing options is encouraging greater adoption. By collaborating, solar developers and distribution companies are making it easier for solar power to be used on the grid. More people are using hybrid solar systems with battery storage to get power all the time. Also, smart inverter technology and IoT-enabled systems are being used to make things work better and to keep an eye on things from far away. The growth of rooftop solar in schools, hospitals, and rural areas is also increasing.
Some of the leading companies include: