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Solar PV Mounting Systems Market to Register USD 5.43 Bn Growth, Supportive Government Policies to Boost Growth - Technavio

Technavio (PRNewsfoto/Technavio)

News provided by

Technavio

Jul 29, 2022, 06:35 ET

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NEW YORK, July 29, 2022 /PRNewswire/ -- The Solar PV Mounting Systems Market is segmented into two categories based on technology and geography. The market is expected to grow by USD 5.43 billion during 2021-2026, progressing at a CAGR of 10.51% during the forecast period, according to Technavio. The report offers an up-to-date analysis to know exact growth variance and the Y-O-Y growth rate 

Technavio has announced its latest market research report titled
 Solar PV Mounting Systems Market by Technology and Geography - Forecast and Analysis 2022-2026
Technavio has announced its latest market research report titled Solar PV Mounting Systems Market by Technology and Geography - Forecast and Analysis 2022-2026

The solar mounting market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Clenergy (Xiamen) Technology Co. Ltd., IronRidge Inc., K2 Systems LLC, Land Power Solar Technology Co. Ltd., Mounting System GmbH, Nuevosol Energy Pvt. Ltd., Pennar Industries Ltd., RBI Solar Inc, Schletter Solar GmbH, and Unirac Inc. are some of the major market participants. Request sample report.

The supportive government policies, rising number of solar PV projects, and declining cost of solar PV panels will offer immense growth opportunities. However, increasing the number of alternative energy sources, maintenance costs for solar PV systems, and growing adoption of concentered solar power (CSP) will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Solar PV Mounting Systems Market Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the Solar PV Mounting Systems Market, including some of the vendors such as vendors Backed with competitive intelligence and benchmarking, our research reports on the Solar PV Mounting Systems Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

  • Clenergy (Xiamen) Technology Co. Ltd.- The company offers a wide range of solar mounting gear for all kinds of solar installations, including residential, industrial and commercial, and utility-scale projects.
  • IronRidge Inc.- The company offers complete mounting and racking solutions for installing solar faster such as QRail Series, which is a strong, versatile racking system and integrates with waterproof mounts.
  • K2 Systems LLC-The company offers photovoltaic installation solutions for all roof types and roof coverings such as Flat roofs, Tiled roofs, Ground mounted systems, round seam roofs, and many more.
  • Land Power Solar Technology Co. Ltd.- The company offers Solar PV Mounting Systems such as Pitched roof mounting systems, Flat roof mounting systems, Ground mounting systems, and many more.
  • Mounting System GmbH-The company offers Solar PV Mounting Systems that include Robust systems, Bifacial systems, and Solar trackers such as fixed-tilt systems, sigma trackers, and many more.

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Buy Sample Report.

Solar PV Mounting Systems Market Segmentation
  • Technology
    • Fixed
    • Tracking
  • Geography
    • APAC
    • Europe
    • North America
    • South America
    • MEA

Supportive government policies have been instrumental in driving the growth of the market. However, an increasing number of alternative energy sources might hamper market growth. Get Sample Report.

Related Reports:
Solar Central Inverters Market by Application and Geography - Forecast and Analysis 2022-2026

Solar Home Systems Market by Type and Geography - Forecast and Analysis 2022-2026

Solar PV Mounting Systems Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 10.51%

Market growth 2022-2026

$ 5.43 billion

Market structure

Fragmented

YoY growth (%)

9.94

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 63%

Key consumer countries

China, US, Vietnam, Japan, and Australia

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Clenergy (Xiamen) Technology Co. Ltd., IronRidge Inc., K2 Systems LLC, Land Power Solar Technology Co. Ltd., Mounting System GmbH, Nuevosol Energy Pvt. Ltd., Pennar Industries Ltd., RBI Solar Inc, Schletter Solar GmbH, and Unirac Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table Of Contents :
Executive Summary
Market Landscape
  • Market ecosystem
  • Value chain analysis
Market Sizing
  • Market Definition
  • Market segment analysis
  • Market size 2021
  • Market outlook: Forecast for 2021 - 2026
Five Forces Analysis
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
Market Segmentation by Technology
  • Market segments
  • Comparison by Technology
  • Fixed - Market size and forecast 2021-2026
  • Tracking - Market size and forecast 2021-2026
  • Market opportunity by Technology
Customer landscape
Geographic Landscape
  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2021-2026
  • Europe - Market size and forecast 2021-2026
  • North America - Market size and forecast 2021-2026
  • South America - Market size and forecast 2021-2026
  • MEA - Market size and forecast 2021-2026
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends
Vendor Landscape
  • Landscape disruption
Vendor Analysis
  • Vendors covered
  • Market positioning of vendors
  • Clenergy (Xiamen) Technology Co. Ltd.
  • IronRidge Inc.
  • K2 Systems LLC
  • Land Power Solar Technology Co. Ltd.
  • Mounting System GmbH
  • Nuevosol Energy Pvt. Ltd.
  • Pennar Industries Ltd.
  • RBI Solar Inc
  • Schletter Solar GmbH
  • Unirac Inc.
Appendix
  • Scope of the report
  • Currency conversion rates for US$
  • Research Methodology
  • List of abbreviations
About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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