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Fixed Solar PV Mounting Systems Market Share

Report ID: GMI9636
Published Date: May 2024
Report Format: PDF

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Fixed Solar PV Mounting Systems Market Share

Fixed Solar PV Mounting Systems Company Market Share

Growing popularity of bifacial solar panels has led mounting system manufacturers to develop solutions that optimize the performance of these panels. Strategic partnerships, acquisition and mergers among the leading players along with extensive development of projects through closed collaborations will sway the business scenario. Companies are expanding into emerging markets in Asia, Africa, and Latin America, where solar energy adoption is rapidly increasing. Additionally, the players are exploring recyclable and low carbon footprint materials to enhance the environmental benefits of solar installations.

Fixed Solar PV Mounting Systems Market Companies

Eminent players operating in the fixed solar PV mounting Systems industry are:

AEROCOMPACT
Arctech
Clenergy
Convert Italia SPA
Esdec
K2 Systems GmbH
Mounting Systems
Schletter Group
UNIRAC
Versolsolar Hangzhou Co., Ltd.
Xiamen Grace Solar New Energy Technology Co., Ltd.

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of fixed solar PV mounting systems was reached USD 16 billion in 2023 and is anticipated to grow at 2.5% CAGR during 2024 to 2032, driven by declining costs of solar panels and supportive government policies.

The commercial & industrial application segment of the fixed solar PV mounting systems market held a decent share in 2023 and is set to witness more than 2.5% through 2032, owing to growing requirement to reduce electricity costs.

Europe fixed solar PV mounting systems market is set to exceed USD 6.1 billion by 2032 on account of favorable government policies and technological advancements.

AEROCOMPACT, Arctech, Clenergy, Convert Italia SPA, Esdec, K2 Systems GmbH, Mounting Systems, Schletter Group, and UNIRAC among others.