Please Wait.....
Report
Australia Rooftop Solar - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)
Market Report I 2025-04-28 I 95 Pages I Mordor Intelligence
The Australia Rooftop Solar Market is expected to register a CAGR of greater than 9% during the forecast period.
The outbreak of COVID-19 negatively impacted the market. Currently, the market has reached pre-pandemic levels.
Key Highlights
- Factors such as declining solar PV and associated equipment costs and increasing rooftop solar installations are expected to be significant drivers for the market.
- However, a lack of general awareness, the high cost of electricity storage, and competition from alternative clean energy sources are expected to hinder the market's growth during the forecast period.
- Australia is expected to have the highest share of solar power, with nearly 40% of the electricity grid, by 2050, which is expected to provide opportunities in the Australian solar rooftop market in posterity.
Australia Rooftop Solar Panel Market Trends
Residential Segment to Dominate the Market
- Australia is one of the leading countries in the solar PV market, driven primarily by household rooftop installations. More than 27.3% of homes are connected to rooftop solar PV, with almost 3 million households enjoying the benefits of rooftop solar across Australia.
- As of December 2021, there were 389577 rooftop solar installations, the highest number in the industry's history. This resulted in the industry adding 3 GW of new capacity in 2021.
- In 2021, small-scale solar (systems up to 100 kW) was responsible for 24.9% of Australia's clean energy generation and produced 6.5% of the country's total electricity.
- Electricity production from solar PV has zero greenhouse emissions, which is likely to drive the demand for solar rooftops in the residential segment.
- Around half of the counties have the unused potential for rooftop solar in residential zones. It is estimated that only around one-fifth of all residential buildings have installed a rooftop solar system.
- The eastern states in the country accounted for around 70% of the total installed capacity. Queensland, New South Wales, South Australia, and Western Australia are the leaders in rooftop solar installation. Around 1-in-3 houses in South Australia and Queensland have solar PV installation.
- The small-scale solar added 3316 MW of new capacity in 2021, compared to the previous year of 2963 MW set in 2020. New South Wales once again installed the newest rooftop solar capacity in 2021, adding 996 MW throughout the year, followed by Queensland with 854 MW, Victoria with 681 MW, and Western Australia with 367 MW
- While most PV installations in Australia are residential, rooftop solar on commercial buildings is growing. Hence, the residential segment is expected to dominate the market.
Declining Costs of Solar PV Driving the Market Demand
- Declining solar PV costs and the increasing electricity costs in the country are estimated to result in huge demand for the rooftop solar market during the forecast period.
- As per IRENA's Renewable Power Generation Costs statistics, Australia's solar PV cost reached USD 1023 per kW in 2021 from USD 7803 per kW in 2010. The declining solar PV installation costs are expected to drive the rooftop solar market during the forecast period.
- Another cost-effective advantage of solar PV in electricity generation is that the excess electricity produced from solar PV can be directed into the grid, delivering a feed-in payment, or it can be stored in a rechargeable battery for later use.
- The revenues generated or savings that occur in electricity costs by selling PV electricity are almost equal to or higher than the long-term costs incurred during financing and installing a PV system. Thus, the technology is more beneficial for end users on account of cost savings.
- Furthermore, the country offers a solar credit scheme. Under this initiative, every megawatt-hour of qualifying energy generation is eligible for large and small-scale technology certificates (LTCs and STCs). They offer a discount on the cost of installing the solar system. Hence, the declining costs of installing solar PV are likely to drive the market.
Australia Rooftop Solar Panel Industry Overview
The Australian rooftop solar market is moderately fragmented. The key players in the market (in no particular order) include Risen Energy Co. Ltd, Trina Solar, Energy Matters, GEM Energy, and Tindo Solar, among others.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Scope of the Study
1.2 Market Definition
1.3 Study Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
4 MARKET OVERVIEW
4.1 Introduction
4.2 Rooftop Solar Installed Capacity and Forecast in MW, till 2028
4.3 Recent Trends and Developments
4.4 Government Policies and Regulations
4.5 Market Dynamics
4.5.1 Drivers
4.5.2 Restraints
4.6 Supply Chain Analysis
4.7 PESTLE Analysis
5 MARKET SEGMENTATION - BY END USER
5.1 Residential
5.2 Commercial and Industrial (C&I)
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Strategies Adopted by Leading Players
6.3 Company Profiles
6.3.1 Risen Energy Co. Ltd.
6.3.2 Trina Solar
6.3.3 Infinite Energy
6.3.4 Energy Matters
6.3.5 GEM Energy
6.3.6 Tindo Solar
6.3.7 Adam Solar
6.3.8 Soltek Energy
6.3.9 RACV Solar
6.3.10 Maxeon Solar Technologies Ltd.
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security