Press release
Solar PV Mounting Systems Market Trends By Key Players: UNIRAC, Quick Mount PV, Schletter, Landpower Solar Technology, Xiamen Grace Solar Technology, K2 SYSTEMS, Suyash Metatech, RBI Solar, DPW Solar
Solar PV Mounting Systems Market
Depleting fossil fuels have led to the adoption of sustainable sources such as solar energy, which will stimulate solar PV mounting systems market. Increasing awareness regarding the adverse effects of GHG emissions on the environment and human health is slated to encourage the usage of solar based power generation. Implementation of stringent rules and regulations to restrict the emission of GHG will fuel solar PV mounting systems industry size noticeably. In addition to this, the reducing costs of the component will also propel the product demand. According to Global Market Insights, Inc., “Worldwide Solar PV mounting systems market was valued USD 6 billion and will generate a notable revenue with an annual growth rate of more than 6% over the period of 2017 to 2024.”
The world is trending toward the adoption of smart technology. The development of smart cities and green buildings in the commercial as well as residential sectors across the globe will amplify the demand for solar PV mounting systems industry. The deployment of zero emission building norms will also favor the adoption of the product across the commercial sector. Large-scale corporations are also setting an example regarding the adoption of solar power generation. To reduce carbon emission, Lloyds Bank made an investment of USD 1000 million in 2016.
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Top Key Players: -
The notable participants in solar PV mounting systems market are UNIRAC, Quick Mount PV, Schletter, Inc., Landpower Solar Technology, Xiamen Grace Solar Technology Co., Ltd., K2 SYSTEMS, Suyash Metatech, RBI Solar, DPW Solar, Versolsolar Co., Ltd., and SNS Corporation.
Market share calculation in this report is not done based on companies covered in it. The calculation of solar PV mounting systems market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentations: -
The U.S. government is investing heavily to develop clean energy technologies. Besides, the implementation of favorable energy security rules and regulations will influence the product demand. U.S. solar PV mounting systems market will collect a significant revenue over the coming timeframe. The government has also been promoting the product by offering supportive tax rebates, financial assistance, and net metering, which will augment the market share.
Speaking about the ongoing technology development, the industry giants are investing their time and money to improve and produce high capacity generation power systems. In fact, the tracking technology covered more than 19% of solar PV mounting systems market share in 2016 and will record substantial growth rate over the years ahead. This technology has the capability to improve the power generation capacity of the product by 20%.
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Partial Chapter of the Table of Content
Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Market definitions and forecast parameters
1.2. Data sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. Solar PV Mounting Systems industry 3600 synopsis, 2013 – 2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. End-use trends
2.1.4. Technology trends
2.1.5. Regional trends
Chapter 3. Solar PV Mounting Systems Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 – 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor Matrix
3.3.2. Distribution Channel
3.4. Innovation & sustainability
3.5. Regulatory landscape
3.5.1. U.S.
3.5.2. UK
3.5.3. Germany
3.5.4. China
3.5.5. Japan
3.5.6. India
3.5.7. UAE
3.5.8. Iran
3.5.9. Nigeria
3.5.10. Kenya
3.6. Price trend analysis, by region
3.6.1. North America
3.6.2. Asia Pacific
3.6.3. Europe
3.6.4. Middle East
3.6.5. Africa
3.6.6. Latin America
3.7. Feed in tariff landscape
3.8. Solar PV industry trend and forecast
3.9. Competitive solar tariff trend, 2013-2016
3.10. Industry impact forces
3.10.1. Growth drivers
3.10.1.1. Strict government norms towards greenhouse gas emission
3.10.1.2. Positive outlook towards renewable energy
3.10.1.3. Decreasing solar component cost
3.10.1.4. Increasing off grid electricity demand
3.10.1.5. Favorable government initiatives
3.10.2. Industry pitfalls & challenges
3.10.2.1. Lack of consumer awareness
3.11. Growth potential analysis
3.12. Porter's analysis
3.13. Competitive landscape, 2016
3.13.1. Strategy dashboard
3.13.2. Merger & Acquisition analysis
3.14. PESTEL analysis
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Pertaining to the growth of commercial constructions, solar PV mounting systems industry from the commercial sector will collect significant revenue over the years ahead. The installation of PV systems across the industrial and commercial sector is slated to cross 20.2 GW by 2023, in terms of volume.
To reduce the dependency on non-renewable energy sources such as fossil fuels and to control emissions up to 80%, many countries across Europe have been striving to adopt solar PV mounting systems. The UK government is planning to generate 30% of the overall energy from renewable energy sources by 2020. On these grounds, UK solar PV mounting systems industry will generate a notable revenue with a CAGR of more than 5% over the coming seven years.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
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