Chicago, IL -- (SBWire) -- 06/27/2017 --According to the report, "Printed Solar Tiles Market – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022", the market for digital signage is expected to witness healthy growth during the forecast period.
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Printed Solar Tiles are mounted over rooftops of residential or commercial buildings. It consists of panels which have off-grid and on-grid electricity generation capability. Printed solar tiles have rooftop solar PV systems which provide effective tool for capturing solar radiation for generating electricity in an emission-free, environment-friendly manner. This technology has existed since a long time but has recently witnessed adoption on a large scale with the advent of FITs and net metering policies. Solar panels are made of silicon wafer and are of two types: monocrystalline and polycrystalline. A balance of system usually consists of transformers, electricity systems, and monitoring and mounting equipment along with mounting and installing modules.
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KEY PREMIUM INDUSTRY INSIGHTS
1. Demand for clean and renewable source of energy reaching an all-time high has contributed to the development and growth of the printed solar tiles market. A printed solar tile is an efficient method for generating electricity from solar radiation without using fossil fuels.
2. The market for printed solar tiles has been rapidly increasing with the support of government subsidies and tax credits. The printed solar tiles market have attracted large number of equity investments and funding.
3. Increasing printed solar tiles market is considered critical for reducing carbon footprint.
On the basis of geography, the global printed solar tiles market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). North America was the largest market for printed solar tiles. The U.S. leads the printed solar tiles market in North America, with the government promoting rooftop solar PV systems by offering tax credits and incentives. Europe follows North America with Germany as a leading country, with the highest number of printed solar tiles installations in Europe. Asia Pacific was the third-largest market for printed solar tiles, in terms of market share. The market in Rest of the World is likely to grow at a significant rate with anticipated increase in commercial projects across South Africa, Chile, and Brazil in the near future.
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Printed Solar Tiles Market Report Forecasts Impressive Growth by 2022 - Scalar Market Research
New Research & Forecast Report on Printed Solar Tiles Market by 2022