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Title India Solar Rooftop Market Overview: Size, Share, Growth Trends & Industry Outlook 2034
Category Business --> Business Services
Meta Keywords India Solar Rooftop Market
Owner Marketinsights
Description

India Solar Rooftop Market Overview:

According to IMARC Group’s report titled "India Solar Rooftop Market Size, Share, Trends and Forecast by Grid Type, End User, and Region, 2026-2034" the report offers a comprehensive analysis of the industry, including market share, growth, trends, and regional insights.

The India solar rooftop market size was valued at USD 2.52 Billion in 2025 and is projected to reach USD 4.27 Billion by 2034, growing at a compound annual growth rate (CAGR) of 6.05% during the forecast period of 2026-2034. This growth is driven by favorable government policies, rising electricity tariffs, and increasing adoption of decentralized energy solutions across residential and commercial segments. The market transition is further accelerated by factors like declining solar panel costs and supportive net metering frameworks.

India Solar Rooftop Market Key Takeaways

  • Current Market Size : USD 2.52 Billion in 2025
  • CAGR : 6.05%
  • Forecast Period : 2026-2034
  • On-grid systems dominate with a 90% market share in 2025, benefiting from widespread net metering adoption and cost advantages.
  • Residential segment leads with a 41% market share in 2025, supported by subsidy programs and rising household electricity costs.
  • South India is the leading region with a 35% share in 2025, due to favorable solar irradiance and progressive policies.
  • Key players include integrated energy companies and specialized EPC providers focusing on innovation, financing, and digital monitoring.

Download a Free Sample Report Today: https://www.imarcgroup.com/india-solar-rooftop-market/requestsample

India Solar Rooftop Market Trends

  • The expansion of innovative financing and solar leasing models is critical for wider participation.
  • Introduction of EMI-based rooftop solar solutions by Tata Power Renewable Energy Limited in 2025 accelerated residential adoption.
  • Increasing adoption from commercial and industrial sectors supported by utility-led programs offering end-to-end solutions.
  • Tata Power’s 2025 campaign in Raipur focused on financing options aiding industrial rooftop solar deployment.
  • Growth of integrated rooftop solar product offerings, with bundled kits simplifying adoption and reducing complexity.
  • Partnership between Redington and Websol Energy System launched bundled residential kits in 2025 facilitating market penetration.
  • Rising use of digital platforms enhances consumer engagement and system monitoring.
  • Government campaigns support awareness, exemplified by SolarSquare’s nationwide campaign aiding over 30,000 families.
  • Emphasis on sustainable living and long-term cost savings propels residential sector growth.

India Solar Rooftop Market Growth Factors

  • Favorable government policies and support through subsidy programs enhancing feasibility across sectors.
  • Rising electricity demand driven by rapid urbanization and higher domestic and commercial usage.
  • Declining costs of solar panels and improved system performance facilitating adoption.
  • Increased environmental awareness boosting demand for sustainable energy solutions.
  • Growth of domestic solar manufacturing improving supply chain resilience and price stability.
  • Expansion of innovative financing models such as loans, leasing, and EMI options reducing upfront investment barriers.
  • Supportive net metering frameworks enabling economic advantages by feeding surplus electricity to grids.
  • Proliferation of digital monitoring platforms improving system management and reliability.
  • Corporate sustainability mandates encouraging commercial and industrial sector adoption.

Buy the Latest 2026 Edition https://www.imarcgroup.com/request?type=report&id=22209&flag=E

India Solar Rooftop Market Segmentation

Grid Type

  • On-Grid: Dominates with a 90% market share in 2025, favored for cost effectiveness and integration with existing infrastructure allowing surplus power export.
  • Off-Grid: Smaller share, used where grid connectivity is less reliable or unavailable.

End User

  • Residential: Largest segment at 41% share in 2025, driven by subsidy programs, increasing electricity costs, and growing awareness.
  • Commercial: Growing adoption supported by utility programs and financing solutions.
  • Industrial: Uptake accelerating with targeted loans and renewable priorities.

Regional Insights

  • North India
  • West and Central India
  • South India
  • East and Northeast India

South India dominates the India solar rooftop market with a 35% market share in 2025, supported by high solar irradiation, favorable policies, and strong industrial and residential adoption. The market is projected to grow at a 6.05% CAGR during 2026-2034.

Competitive landscape:

The report offers an in-depth examination of the competitive landscape, including market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

Recent Developments & News

  • December 2025: Tata Power Delhi Distribution Limited launched the Solar Ambassador initiative under the PM Surya Ghar Muft Bijli Yojana, appointing 20 officials to promote rooftop solar in North-West Delhi.
  • June 2025: India’s Ministry of New and Renewable Energy initiated an Innovative Projects Start-Up Challenge with a ₹2.3 crore prize pool to spur affordable, resilient rooftop solar solutions, supporting incubation and pilot projects.

Key Highlights of the Report

  • Comprehensive analysis of historical trends and growth drivers.
  • Detailed segmentation by grid type, end user, and region.
  • Insight into government policies, market restraints, and competitive landscape.
  • Inclusion of recent market developments and technological advancements.
  • Forecast covering the period 2026-2034 with CAGR and revenue projections.

Get Your Customized Market Report Instantly: https://www.imarcgroup.com/request?type=report&id=22209&flag=C

Customization Note: If you require any specific information not covered within this report’s scope, we will provide it as part of the customization.

About Us

IMARC Group is a global management consulting firm that helps ambitious changemakers create a lasting impact. The company offers comprehensive market assessment, feasibility studies, incorporation support, regulatory assistance, branding and strategy services, and procurement research.

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