Increasing investment toward deployment of Solar PV Mounting Systems

The huge supply-demand gap is result in the growth of various energy generation sectors, including solar. Increasing investment toward deployment of different renewable technologies coupled with the government initiative for solar panel installation is fueling the demand for solar PV mounting systems market growth. Moreover, shifting consumer focus from conventional to sustainable and clean energy generation and rising distributed and off-grid solar installations are expected to drive solar PV mounting systems market growth during the forecast period.

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The solar PV mounting system is also known as solar module racking; it is used to fix solar panels on surfaces like roof and ground. The rising energy demand and growing installation of solar panel across the globe is the key driving factors for the growth of the solar PV mounting systems market growth. Moreover, stringent regulations for reducing carbon emissions and growing awareness about the solar energy generation is also propelling the demands for solar PV mounting systems market growth during the forecast period.

Some of the key players influencing the market are

Esdec BV, First Solar, IBC SOLAR AG, K2 Systems GmbH, Mounting Systems GmbH, Quick Mount PV, RBI Solar Inc., SCHLETTER SOLAR GMBH, UNIRAC Inc., Xiamen Fasten Solar Technology Co.,Ltd.