Global Solar PV Mounting Systems Market Size study & Forecast, by Product (Rooftop, Ground Mounted), by Technology (Fixed, Tracking), by End User (Residential, Commercial, Utilities) and Regional Analysis, 2023-2030

Description

List of Tables

Global Solar PV Mounting Systems Market is valued at approximately USD 24.1 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 3.9 over the forecast period 2023-2030. Solar PV Mounting Systems also known as solar module racking, are used to secure solar panels to surfaces such as the roof and the ground. Solar module racking is another term for solar PV installation solutions. Solar panel mounting systems are used to fix panels in specified places. Solar PV mounting systems are often made of aluminum, stainless steel, iron, a metal alloy, or a mix of metals and polymers. These systems provide a basic slant edge and introduction to solar boards, allowing the maximum amount of sun vitality to be gathered. The collected vitality is converted into power. The primary market factors boosting market expansion are plans to increase the usage of solar PV mounting systems and developing trends in the building of integrated PV systems. Furthermore, there is a high demand in developing economies for solar photovoltaic (PV) mounting systems for the industrial and commercial sectors, which supports market expansion also increased power demand, along with rigorous emission requirements, has pushed authorities to place a greater emphasis on the construction of a number of large-scale ground-mounted utility solar projects.

The rising energy demand and growing installation of solar panel across the globe is the key driving factors for the growth of the solar PV mounting systems market growth. According to the Solar Energy Industries Association in 2022, Plans are in the works to promote the usage of solar PV mounting systems and in 2022, the home solar industry had its sixth straight record year, expanding 40% over 2021 with 5.9 GW installed. By 2021, more than 255,000 Americans employed in solar at more than 10,000 enterprises throughout the country. The solar business is expected to produce over USD 33 billion in private investment in the American economy by 2021 also According to Europe's flagship Global Market Outlook for Solar Power, global solar power has smashed its annual installation record for the ninth consecutive year, with 168 GW of new solar PV capacity installed in 2021. Global solar is likely to continue its decade-long streak in 2022, with more than 200 GW of solar installed for the first time. Additionally, Continuous technical improvement related to enhancing the efficacy of solar panels, as well as increasing expenditures across utility-scale pertaining to the development of clean power generation in step with rising energy demand, provides attractive potential prospects for the market. However, the high cost of Solar PV Mounting Systems stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Solar PV Mounting Systems Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Europe dominated the market in 2022 owing to the advancements in renewable energy technology, which resulted in early acceptance. Furthermore, the implementation of zero-emission power sources, together with the economic benefits of renewable energy sources, is fueling regional market expansion. According to the International Energy Agency in 2022, The proportion of renewable energy in the demand for transport energy rises from 9% in 2020 to 15% in 2027, which is not in line with the EU's 2030 goals. Although there is a growing market for biofuel and electric cars, there are often no state or EU-level incentives in place to achieve increased renewable share requirements. Asia Pacific is expected to grow significantly during the forecast period, due to China's extensive use of solar photovoltaic (PV) mounting systems. Strong legal and administrative frameworks, as well as a variety of incentives and subsidies help to promote the use of wind energy in the economy.

Major market player included in this report are:

Clenergy Philippines
Tata International Ltd.
Xiamen Universe Solar Tech. Co. Ltd.
Xiamen Corigy New Energy Technology Co. Ltd
PV Racking
Van der Valk Solar Systems BV
Schletter Group
Unirac Inc.
SolarWorld AG
K2 Systems GmbH

Recent Developments in the Market:

In May 2023, Gransolar completed the 49.9MWac / 71MWdc Larks Green project in the United Kingdom for Enso Energy and Cero Generation. The project's goal is to help promote renewable energy and energy independence in places where power rates have quadrupled in the previous two years. The PV facility has 152,400 solar panels, save 20,500 tonnes of CO2 per year. Due to the delivery of power to rural places, solar power is directly connected to the national transmission system. This type of utility-scale project development help the sector flourish.
In April 2023, Antaisolar worked with UOB Thailand to become the provider of solar mounting systems for UOB's U-Solar 2.0 programme. This programme seeks to provide end-to-end assistance throughout the supply chain in order for the solar sector in Southeast Asia (SEA) to develop. Antaisolar's total SEA solar racking system exports have surpassed 3080 MW. This programme and cooperation accelerate the green energy transition while lowering access costs, hence increasing product uptake.

Global Solar PV Mounting Systems Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Product, Technology, End User, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Rooftop
Ground Mounted

By Technology:

Fixed
Tracking

By End User:

Residential
Commercial
Utilities

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Solar PV Mounting Systems Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Solar PV Mounting Systems Market, by Product, 2020-2030 (USD Billion)
- 1.2.3. Solar PV Mounting Systems Market, by Technology, 2020-2030 (USD Billion)
- 1.2.4. Solar PV Mounting Systems Market, by End Use, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Solar PV Mounting Systems Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Solar PV Mounting Systems Market Dynamics

3.1. Solar PV Mounting Systems Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising energy demand and growing installation of solar panel
  - 3.1.1.2. Growing industrial and commercial sectors
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Solar PV Mounting Systems
  - 3.1.2.2. Technical complications
- 3.1.3. Market Opportunities
  - 3.1.3.1. Technological Advancements
  - 3.1.3.2. Increasing Investments across utility scale

Chapter 4. Global Solar PV Mounting Systems Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Solar PV Mounting Systems Market, by Product

5.1. Market Snapshot
5.2. Global Solar PV Mounting Systems Market by Product, Performance - Potential Analysis
5.3. Global Solar PV Mounting Systems Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
5.4. Solar PV Mounting Systems Market, Sub Segment Analysis
- 5.4.1. Rooftop
- 5.4.2. Ground Mounted

Chapter 6. Global Solar PV Mounting Systems Market, by Technology

6.1. Market Snapshot
6.2. Global Solar PV Mounting Systems Market by Technology, Performance - Potential Analysis
6.3. Global Solar PV Mounting Systems Market Estimates & Forecasts by Technology 2020-2030 (USD Billion)
6.4. Solar PV Mounting Systems Market, Sub Segment Analysis
- 6.4.1. Fixed
- 6.4.2. Tracking

Chapter 7. Global Solar PV Mounting Systems Market, by End Use

7.1. Market Snapshot
7.2. Global Solar PV Mounting Systems Market by End Use, Performance - Potential Analysis
7.3. Global Solar PV Mounting Systems Market Estimates & Forecasts by End Use 2020-2030 (USD Billion)
7.4. Solar PV Mounting Systems Market, Sub Segment Analysis
- 7.4.1. Residential
- 7.4.2. Commercial
- 7.4.3. Utilities

Chapter 8. Global Solar PV Mounting Systems Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Solar PV Mounting Systems Market, Regional Market Snapshot
8.4. North America Solar PV Mounting Systems Market
- 8.4.1. U.S. Solar PV Mounting Systems Market
  - 8.4.1.1. Product breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Technology breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. End Use breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Solar PV Mounting Systems Market
8.5. Europe Solar PV Mounting Systems Market Snapshot
- 8.5.1. U.K. Solar PV Mounting Systems Market
- 8.5.2. Germany Solar PV Mounting Systems Market
- 8.5.3. France Solar PV Mounting Systems Market
- 8.5.4. Spain Solar PV Mounting Systems Market
- 8.5.5. Italy Solar PV Mounting Systems Market
- 8.5.6. Rest of Europe Solar PV Mounting Systems Market
8.6. Asia-Pacific Solar PV Mounting Systems Market Snapshot
- 8.6.1. China Solar PV Mounting Systems Market
- 8.6.2. India Solar PV Mounting Systems Market
- 8.6.3. Japan Solar PV Mounting Systems Market
- 8.6.4. Australia Solar PV Mounting Systems Market
- 8.6.5. South Korea Solar PV Mounting Systems Market
- 8.6.6. Rest of Asia Pacific Solar PV Mounting Systems Market
8.7. Latin America Solar PV Mounting Systems Market Snapshot
- 8.7.1. Brazil Solar PV Mounting Systems Market
- 8.7.2. Mexico Solar PV Mounting Systems Market
8.8. Middle East & Africa Solar PV Mounting Systems Market
- 8.8.1. Saudi Arabia Solar PV Mounting Systems Market
- 8.8.2. South Africa Solar PV Mounting Systems Market
- 8.8.3. Rest of Middle East & Africa Solar PV Mounting Systems Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Clenergy Philippines
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. Tata International Ltd.
- 9.3.3. Xiamen Universe Solar Tech. Co. Ltd.
- 9.3.4. Xiamen Corigy New Energy Technology Co. Ltd
- 9.3.5. PV Racking
- 9.3.6. Van der Valk Solar Systems BV
- 9.3.7. Schletter Group
- 9.3.8. Unirac Inc.
- 9.3.9. SolarWorld AG
- 9.3.10. K2 Systems GmbH

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Solar PV Mounting Systems Market, report scope
TABLE 2. Global Solar PV Mounting Systems Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Solar PV Mounting Systems Market estimates & forecasts by Product 2020-2030 (USD Billion)
TABLE 4. Global Solar PV Mounting Systems Market estimates & forecasts by Technology 2020-2030 (USD Billion)
TABLE 5. Global Solar PV Mounting Systems Market estimates & forecasts by End Use 2020-2030 (USD Billion)
TABLE 6. Global Solar PV Mounting Systems Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Solar PV Mounting Systems Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Solar PV Mounting Systems Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Solar PV Mounting Systems Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Solar PV Mounting Systems Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Solar PV Mounting Systems Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Solar PV Mounting Systems Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Solar PV Mounting Systems Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Solar PV Mounting Systems Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Solar PV Mounting Systems Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Solar PV Mounting Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Solar PV Mounting Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Solar PV Mounting Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Solar PV Mounting Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Solar PV Mounting Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Solar PV Mounting Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Solar PV Mounting Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Solar PV Mounting Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Solar PV Mounting Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Solar PV Mounting Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Solar PV Mounting Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Solar PV Mounting Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Solar PV Mounting Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Solar PV Mounting Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Solar PV Mounting Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Solar PV Mounting Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Solar PV Mounting Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Solar PV Mounting Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Solar PV Mounting Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Solar PV Mounting Systems Market
TABLE 71. List of primary sources, used in the study of global Solar PV Mounting Systems Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures are dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Solar PV Mounting Systems Market, research methodology
FIG 2. Global Solar PV Mounting Systems Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Solar PV Mounting Systems Market, key trends 2022
FIG 5. Global Solar PV Mounting Systems Market, growth prospects 2023-2030
FIG 6. Global Solar PV Mounting Systems Market, porters 5 force model
FIG 7. Global Solar PV Mounting Systems Market, pest analysis
FIG 8. Global Solar PV Mounting Systems Market, value chain analysis
FIG 9. Global Solar PV Mounting Systems Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Solar PV Mounting Systems Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Solar PV Mounting Systems Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Solar PV Mounting Systems Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Solar PV Mounting Systems Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Solar PV Mounting Systems Market, regional snapshot 2020 & 2030
FIG 15. North America Solar PV Mounting Systems Market 2020 & 2030 (USD Billion)
FIG 16. Europe Solar PV Mounting Systems Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Solar PV Mounting Systems Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Solar PV Mounting Systems Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Solar PV Mounting Systems Market 2020 & 2030 (USD Billion)