Press release
Solar Panel Mounting Structures Market Size by 2031: Global Demand and Regional Analysis
Solar panel mounting structures are used to mount solar panels on the surfaces safely and protect the solar panel from damage. Solar panel mounting structures are placed in such a way that, a solar panel may get maximum inclination angle on the solar panel surface to absorb the maximum amount of energy from the sun. In general, a usual solar panel mounting structure comes with aluminum material.Get | Download Sample Copy with Graphs & List of Figures:
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Solar panel mounting structure plays important role in the efficient working of the solar system in rooftop as well as utility segment. They can be made for ground mounting, rooftops, sun tracker solutions, and carports, and others. In recent years, technological advancement has led to better and faster installation, high durability, and reduced cost of the solar mounting structure.
Market Drivers and Challenges
Rapidly increasing demand for the solar panels market is correspondingly boosting the global solar panel mounting structure market. With increasing awareness of climate change and global warming, there are significant developments in renewable energy production.
Solar power generation is a low polluting power generation segment with minimal carbon emission compared to conventional energy sources such as petroleum, oil, and coal. These factors are creating growth avenues for the global solar panel mounting structure market.
Regional Market Outlook
Europe and North America are expected to dominate the global solar panel mounting structure market in the forecast period, owing to shifting towards renewable energy at a primary level. The Asia Pacific is expected to have higher growth in other regions over the forecast period. The growth is attributed to the significant investments for renewable energy generation by the governments in the countries from the region such as China, India, etc.
Further, Stringent environment regulation in the Europe region and implementation of Renewable Energy Investment Tax Credit (REITC) in the North America region, anticipate substantial growth in the global solar panel mounting structure market.
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By Segment:
Product Type:
• Roof Mounted Structure
o Railed mounting
o Rail-less mounting
o Others
• Ground Mounted Structure
o Foundation mount
o Ballasted footing mount
o Others
• Top-of-pole Mounted Structure
• Side-of-pole Mounted Structure
• Tracking System Mounted Structure
Material:
• High-Speed Steel
• Cold-Formed Steel
• Aluminum
• Galvanized Iron
• Others
Thickness:
• 0.5 to 2 mm
• 2 to 3 mm
• 3 to 6 mm
• Others
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Key Market Players
Major market participants in the global Solar panel mounting structures market identified across the value chain include:
• Xiamen Fasten Solar Technology Co., Ltd
• Professional Solar Products
• Ratan engineering Company
• Hollaender Mfg. Co.
• Mahindra Susten
• Kern Solar Structures
• Schletter Inc.
• Esso Fab Tech Pvt Ltd
• Mounting Solar-Kit Private Limited
• Satec Envir Engineering Pvt. Ltd.
• PROINSO
• Nespro Renewable Energy Solutions
The Solar panel mounting structures research report presents a comprehensive assessment of the Solar panel mounting structures market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.
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