Solar PV Mounting Systems Market Analysis

End-user (Commercial, Industrial, Residential, Utility)

The global solar PV mounting systems market is segmented and analyzed for demand and supply by end user into commercial, industrial, residential, and utility, out of which, the utility segment is anticipated to hold the largest share in the solar PV mounting systems market on account of rising number of high-income driven projects that requires deployment of efficient solar equipment with low operational costs. Along with these, growing investments from public and private institutions for energy targets is also estimated to drive growth to the market segment. Global energy investment was projected to increase to about USD 2 trillion annually in 2021, up over 9% from 2020 and bringing overall investment levels back to pre-crisis levels.

Type (Rooftop, Ground Mounted)

The global solar PV mounting systems market is also segmented and analyzed for demand and supply by type into roof type and ground mounted. Amongst these segments, the ground mounted segment is anticipated to garner the highest revenue by the end of 2037. The growth of the segment can be attributed to the increasing installation of these type of photovoltaic structures in the recent years. Furthermore, ground-mounted solar for the utility sector offers simple upkeep and cleaning in addition to improved airflow for more efficient energy production as compared to roof-mounted solar. Ground-mounted solar panel demand is expected to increase as a result of the growing new facility construction associated with utility-scale solar projects, providing a potential opportunity for the market.

Our in-depth analysis of the global market includes the following segments: