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Commercial & Industrial Solar PV Mounting Systems Market Share

Report ID: GMI11440
Published Date: Sep 2024
Report Format: PDF

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Commercial & Industrial Solar PV Mounting Systems Market Share

Commercial & Industrial Solar PV Mounting Systems Company Market Share

The commercial & industrial solar PV mounting systems industry is competitive and rapidly evolving, driven by the increasing demand for clean energy solutions across various sectors. The growing investments in clean energy technologies along with increasing customer demand to enhance the generation rate through mounting systems have resulted in continuous technological advancements in the sector. The industry has witnessed several innovations on account of manufacturers’ efforts to reduce the overall costs of large-scale projects.

Commercial & Industrial Solar PV Mounting Systems Market Companies

Eminent players operating in the commercial & industrial solar PV mounting systems industry are:

Arctech
Array Technologies
Clenergy
First Solar
Nextracker
SunPower Corporation
SOLTEC
Schletter Group
UNIRAC
Versolsolar Hangzhou

Authors: Ankit Gupta , Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of commercial & industrial solar PV mounting systems was valued at USD 4.4 billion in 2023 and is anticipated to grow at a CAGR of 5.1% from 2024 to 2032, driven by regulatory reforms, such as financial and asset leverage, subsidies, and large-scale deployment of clean energy.

The ground mounted segment is expected to grow at a CAGR of 4.5% through 2032, driven by sustainable energy investments and green loans supporting large-scale deployments.

The Asia Pacific market for commercial & industrial solar PV mounting systems is set to reach more than USD 2.1 billion by 2032, supported by increasing consumer awareness of energy conservation and government initiatives promoting renewable energy technologies.

Major companies in the industry include Arctech, Array Technologies, Clenergy, First Solar, Nextracker, SunPower Corporation, SOLTEC, Schletter Group, UNIRAC, and Versolsolar Hangzhou.