openPR Logo
Press release

Rising Awareness Anticipated to Drive Ground Mount PV Utility Market by 2022

11-16-2017 12:34 PM CET | Energy & Environment

Press release from: Transparency Market Research - Energy & Mining

Rising Awareness Anticipated to Drive Ground Mount PV Utility

Feed-in-tariffs metering, preferential net metering, and financial incentives are some of the most prominent factors driving the North America ground mount photovoltaic (PV) utility market, states Transparency Market Research in its latest report. The report is titled “Ground Mount PV Utility Market - North America Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022” and is available for sale on the company website.

View Report Preview @

The study reveals that in terms of revenue generation, the North America ground mount PV utility market is estimated to grow from US$7,311.8 million in 2013 to US$19,464.1 million in 2022, registering an average annual growth rate (AAGR) of 11.50% from 2014 to 2022. In terms of annual installations, in 2013, the market was pegged at 3,381.4 MW, which is projected to report 17,589.7 MW in 2022, at a 20.10% AAGR during the forecast period. On the basis of installation type, the North America ground mount PV utility market is divided into pole mount, pile mount, and others. Pile mount systems held the larger share of the overall market in 2013 and the segment is likely to retain its lead right through 2022. Pole mount installations are also estimated to gain market share by 2022 driven by reduction in PV module price.

On the basis of country, the North America ground mount PV utility market is segmented into the U.S., Mexico, and Canada. The U.S. emerged as the dominant country in 2013, reporting the highest number of ground mount PV utility installations, and this trend is likely to continue through 2022. The U.S. market is largely fueled by government grants for utility-scale projects, tax incentives, and technological innovations. The U.S. government hopes to generate clean electricity and achieve its low-carbon energy targets through the installation of utility-scale projects. The developing renewable energy market, supported by the escalating demand for power, is also contributing toward the growth of the U.S. ground mount PV utility market.

Request to View Sample of Research Report @

Even though Canada is still a developing market for solar energy, it has been growing at a rather rapid pace in recent years, thanks to the reduction in solar PV installation cost and increase in overall number of installations. Currently, solar energy accounts for around 1% of the total electricity generated in Canada. Strong government support in terms of finance is likely to boost the Canada market for ground mount PV utility over the coming years. Andalay Solar, Inc., SunLink Corporation, Unirac Incorporated, Haticon Solar, LLC, SunPower Corporation, SunEdison, Inc., NextEra Energy Resources, LLC, First Solar, and SolarCity Corporation are some of the leading participants in the North America ground mount PV utility market.

Buy Ground Mount PV Utility Market Research Report @<ype=S

About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Rising Awareness Anticipated to Drive Ground Mount PV Utility Market by 2022 here

News-ID: 820143 • Views: 188

More Releases from Transparency Market Research - Energy & Mining

Wastewater Treatment Services Market – Notable Developments and Geographical O …
Albany, NY - Wastewater Treatment Services Market- Overview Large amount of wastewater is produced from households and industries that can be successfully treated for reuse and also for discharging it into the environment. Many regions in the world are going through water crisis. Wastewater treatment services can provide significant solutions to handle this situation. Rapid urbanization brought by industrialization and unprecedented population rise are inducing high demand for clean drinking
Key Drivers of Europe Distribution Transformer Market
Albany, NY - Europe Distribution Transformer Market­­­: Introduction The distribution transformer market in Europe was valued at US$ 3.5 Bn in 2019 and is anticipated to expand at a CAGR of 6.5% during the forecast period. Based on insulation, the liquid segment held dominant share of the distribution transformer market in Europe in 2019. In terms of insulation type, the replacement segment accounted for a larger share of the distribution transformer market in Europe in 2019. Power failures have been rising due to
Customized Peptide Generation Market Drivers, Restraints and Notable Development …
Albany, NY - Global Customized Peptide Generation Market: Overview Mechanical developments, expanding research exercises in the field of engineered science, developing weight of malignancy and irresistible illnesses, and expanding ventures and subsidizing for protein-based inquire about are the central point driving the customized peptide generation market development. Peptide usage in the pharmaceutical business has experienced an enormous change lately because of mechanical improvements. Prior, peptide generation was completed with the assistance of common sources,
Hybrid And Full Electric Marine Propulsion Market To Hit US$7,516.7 Mn By 2026
Albany, NY - The global hybrid and full electric marine propulsion market bears a fairly fragmented vendor landscape, says Transparency Market Research (TMR) in a recently published report. This is solely because of the existence of large, medium, and small scale players in the market. BAE Systems, Wartsilla Corporation, AB Volvo Penta, Niigata Power Systems, and Fairbanks Morse Engine are the leading companies in the global hybrid and full electric marine propulsion

All 5 Releases

More Releases for North

North America Epoxy Composites Market
North America Epoxy Composites Market, By Type (Glass Fiber, Cotton Fiber, Paper Fiber), Resin Type (Epoxy Resin, Phenolic Resin, Melamine Resin), Manufacturing Process (Layup Process, Compression Molding Process, Resin Injection Molding Process, Resin Transfer Molding Process, Filament Winding Process, Pultrusion Process), End User (Wind Energy, Aerospace and Defense, Sporting Goods, Automotive and Transportation, Electrical and Electronics, Pipe and Tank, Marine, Others), Country (U.S., Mexico, Canada) Industry Trends and Forecast to
North America Drone Simulator industry report - North America Drone Simulator Ma …
The drone simulator market in North America is expected to reach US$ 535.17 million by 2028 from US$ 251.38 million in 2021; it is estimated to grow at a CAGR of 11.4% from 2021 to 2028. The latest North America Drone Simulator Market study offers an all-inclusive analysis of the major strategies, corporate models, and market shares of the most noticeable players in this market. The study offers a thorough analysis
UberJets Helping People Get North!
In 2022 consumers have the freedom to purchase, order, or reserve, practically anything with a click of a button. Buying has never been more transparent through the utilization of mobile app technology. Typically, users can perform tasks such as book a hotel or purchase game tickets all from an app; so it only makes sense that one can order a private aircraft to get to anywhere, and anytime using the
02-07-2020 | Health & Medicine
North America Apnea Monitors Market : North America Opportunity Analysis and Ind …
CRIFAX has recently announced its latest research report on 'North America Apnea Monitors Market, 2020-2028' to its database of market research collaterals consisting of overall market scenario with prevalent and future growth prospects, among other growth strategies used by key players to stay ahead of the game. Additionally, recent trends, mergers and acquisitions, region-wise growth analysis along with challenges that are affecting the growth of the market are also stated
North America Footwear Market -Consumers In North America Are More Inclined Towa …
In the last couple of years, North America has emerged at the forefront of the fashion and sports apparel industry. Not only has easy and uninterrupted internet access bolstered consumer awareness regarding the latest buzz in the fashion scenario, but it has also helped them shop for the products they want with a simple touch of their fingers on their smartphones or tablets. The developed countries in the region such
Electrical Fuses Market: Production Enterprise To Become Main Application Phase …
The North America electrical fuses market is likely to witness the advent of more compact and slimmer electronics with leading players vying to cater to ever-changing consumer preferences. The development of the latest technologies and innovation have thus emerged as the most defining trends in the market. The electrical fuses market in North America is primarily driven by the rising demand for electricity and efficient power delivery systems. Besides this,