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Solar PV Mounting Systems Market – Expected to Grow at a CAGR of 7% the Biggest Trends to Watch out for 2017-2023

Global Solar PV Mounting Systems Market Information Report by Product (Rooftop and Ground Mounted), By Technology (Fixed and Tracking) By End-User (Residential, Commercial and Utility) and By Regions - Global Forecast to 2023.

 

Pune, India -- (SBWIRE) -- 01/29/2018 -- Market Highlights
Increasing demand for on-grid and off-grid electricity from remote areas for uninterrupted and reliable supply, will drive the growth of Solar PV Mounting Systems Market Share. Increasing awareness regarding the adverse effects of greenhouse gas emissions on the environment and human health, is slated to encourage the usage of solar based power generation. Solar PV mounting systems find application across the utility, residential, and commercial sectors. Mounting expenditure on the green construction subject to the enforcement of zero emission legislations, will drive the solar PV mounting systems industry, across the commercial sector, over the forecast period. 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.

The global Solar PV mounting systems market is a very dynamic market and is expected to witness high growth over the forecast period. 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.

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Rising concern for global warming coupled with high preference for green technologies, will drive the solar PV mounting systems market. The rising popularity of on-gird and off-grid power across distant regions due to the escalated demand for uninterrupted electricity supply will favorably influence the business map. Excellent government schemes such as subsidies, soft loans, power purchase agreement (PPA), feed-in-tariffs (FiT), coupled with low component costs, will favorably impact solar PV mounting systems market.

Global Solar PV Mounting Systems Market is predicted to grow at more than 7% by 2023

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)
- 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.

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The global solar PV mounting systems market has been analyzed based on product, technology, end-users and regions. On the basis of product, the global solar PV mounting systems market has been segmented as fixed and tracking. Based on end-users, it is classified as, on-grid and off-grid. Based on end-users, it is further classified as residential, commercial and utility.

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.
? By Product
- Rooftop
- Ground Mounted
? By Technology
- Fixed
- Tracking
? By End-User
- Residential
- Commercial
- Utility
? By Regions
- North America
- Asia Pacific
- Europe
- Rest of the World

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