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Solar PV Mounting Systems Market Highlights:-Solar PV mounting systems market size in the residential sector, is projected to witness a high surge, with the escalating demand for continuous power supply across the urban as well as rural regions.
Solar PV Mounting Systems panels are an important aspect of solar panel installation. A solar PV mounting system is the supporting structure for the arrays of solar panels installed. The growing adoption of sustainable energy over the conventional systems, is creating a huge growth scope for the global solar PV mounting systems market size. Currently, the global Solar PV Mounting Systems Market is increasing tremendously, due to major drivers such as commitment to develop a clean energy society, and government incentives & policies.
Global Solar PV Mounting Systems Market Segmentation:-
Based on the technological trends, solar PV mounting systems market is segmented as fixed and racking technologies. Tracking technology, which accounted for more than 20% of solar PV mounting systems industry size in 2016, is expected to substantially drive the industry growth over the forecast period. The growth can be attributed to the accessibility of the technology at lower costs along with its ability to increase rate of power generation by 20%, as compared to conventional power generation.
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Global Solar PV Mounting Systems Market Top Key Players:-
The key players of global solar PV mounting systems market are Schletter GmbH (Germany), Unirac (U.S), SolarWorld AG (Germany), Jinko Solar (China), K2 Systems GmbH (Germany), Quick Mount PV. (U.S), Landpower Solar Technology (China), RBI Solar (U.S), Mounting Systems, Inc. (U.S), Xiamen Grace Solar Technology Co., Ltd. (China), Versolsolar (China) and Clenergy (China).
Market Research Analysis:-
Ground mounted solar PV mounting systems segment by product is expected to dominate the market
The global solar PV mounting systems market is segmented by products as, ground mounted and rooftops. The ground mounted systems segment accounts for the largest share in solar PV mounting systems industry, and is also projected to make notable contribution in the total revenue of the market. Ease of maintenance, higher efficiency and facility for inclination & orientation, will embellish the solar PV mounting systems market. Ongoing demand for large capacity photovoltaic plants along with measures towards expansion of existing systems, will drive the industry growth. Also, escalating demand for large capacity solar cells plants, will stimulate the product demand.
Scope of the Report:-
This study provides an overview of the global solar PV mounting systems market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global solar PV mounting systems market by its product, by technology, by end-user and by region.
Solar PV Mounting Systems Market By Product
• Rooftop
• Ground Mounted
Solar PV Mounting Systems Market By Technology
• Fixed
• Tracking
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Solar PV Mounting Systems Market By End-User
• Residential
• Commercial
• Utility
Solar PV Mounting Systems Market By Regions
• North America
• Asia Pacific
• Europe
• Rest of the World
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