Solar PV Mounting Systems Market Segmentation:
End-user Segment Analysis
The utility segment is anticipated to hold 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 estimated to drive the segment growth. 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 Segment Analysis
The ground mounted segment is anticipated to garner the highest revenue by the end of 2035. The segment growth can be attributed to 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 expansion.
Our in-depth analysis of the global market includes the following segments:
|
By Type |
|
|
By End User |
|
|
By Technology |
|
