APAC Rooftop Solar Panel Market to Reach $91.3 Billion by 2035 Driven by Government Policies

APAC rooftop solar panel market was valued at $41.5 billion in 2025 and is projected to reach $91.3 billion by 2035, growing at a CAGR of 8.3% during the forecast period (2026–2035). Governments across the globe are promoting solar energy as part of their strategies to combat climate change, reduce dependence on fossil fuels, and boost energy security. In nations such as China, clean energy accounts for an increasing share of GDP, rising from 7.2% in 2022 to 9.0% by 2023.  Without this contribution, China's GDP growth would have been much lower than the government's aim. The Chinese government has actively promoted the growth of a solar manufacturing industry.  Through initiatives including innovation funding, land fee and electricity bill exemptions, low-rate loans, tax credits, and grants, the government supported an industrial strategy. In 2023, in response to a downturn in the real estate sector, the federal government implemented a policy to encourage the use of solar electricity on empty and existing construction sites, boosting investment in the technology. Furthermore, rising demand in developing countries has enabled China to lower production prices.

Browse the full report description of “APAC Rooftop Solar Panel Market Size, Share & Trends Analysis Report by System Type (On Grid Solar System, Off Grid Solar System, and Hybrid Solar System), By Panel Type (Monocrystalline, Polycrystalline, and Thin-Film), By End-User (Residential, Commercial, Industrial, Utility, and Others), Forecast Period 2026-2035” at https://www.omrglobal.com/industry-reports/apac-rooftop-solar-panel-market

Apart from China, the Indian government is actively promoting domestic manufacturing through several policy initiatives aimed at boosting self-reliance, creating jobs, and reducing import dependence. To strengthen India's solar panel manufacturing environment, the government implemented Basic Customs Duty (BCD) in April 2022, charging 40% on solar modules and 25% on solar cells.  This strategic approach aimed to cut imports and increase domestic solar panel production.  In future budgets, the BCD structure was modified to improve access to upstream resources while still protecting local industry. Furthermore, the Indian Renewable Energy Development Agency (IREDA) offers financial assistance for solar cell and module manufacturing projects, such as long-term loans, low interest rates, and custom-designed financial instruments for MSMEs and large-scale producers.  Following its "Navratna" designation in 2024, IREDA's ability to promote solar infrastructure is enhanced.

Innovation Leaders Transforming the APAC Rooftop Solar Panel Market

The key players in the APAC rooftop solar panel market include JA SOLAR Technology Co.,Ltd., JinkoSolar, LONGi Green Energy Technology Co., Ltd., Trinasolar, Tongwei Co., Ltd., among others. These companies are advancing innovation in rooftop solar power solutions through the development of high-efficiency photovoltaic modules, smart inverters, integrated energy storage systems, and scalable distributed generation platforms, enabling reliable and cost-effective clean electricity for residential, commercial, and industrial buildings while supporting growing demand for decarbonization, energy independence, and resilient urban power infrastructure.

• In April 2026, Japan Benex Corporation has put a 6-MWdc rooftop solar array into operation in Konan City, Shiga Prefecture. The solar plant was built atop a logistics facility owned by Unified Industrial Co Ltd, a subsidiary of real estate developer UIB Holdings. The system is set to sell its output to external buyers under the Feed-in Tariff (FIT) scheme.

• In July 2025, Sidel fully connected a 2.1 MW rooftop solar photovoltaic system at its Beijing plant, significantly advancing its green factory initiative and low-carbon manufacturing goals. The system is expected to generate around 4.39 million kWh of electricity annually, covering nearly 60% of the plant’s daily power needs while reducing carbon emissions by about 2,452 tonnes per year.

Market Coverage

• The market number available for – 2024-2035
• Base year- 2024
• Forecast period- 2025-2035
• Segment Covered-
  • By System Type
  • By Panel Type
  • By End-User
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape - JA SOLAR Technology Co.,Ltd., JinkoSolar, LONGi Green Energy Technology Co., Ltd., Trinasolar, Tongwei Co., Ltd., among others.

Key questions addressed by the report.

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global APAC Rooftop Solar Panel Market Report Segment

System Type

• On Grid Solar System
• Off Grid Solar System
• Hybrid Solar System

By Panel Type

• Monocrystalline
• Polycrystalline
• Thin-Film

By End-User

• Residential
• Commercial
• Industrial

Global APAC Rooftop Solar Panel Market Report Segment by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Russia
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Australia and New Zealand
• ASEAN Economies
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa

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