© 2016 Global Market Insights, Inc. USA. All Rights Reserved Solar PV Mounting Systems Market share to reach $9bn by 2024: Global Market Insights Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  The Solar PV Mounting Systems Market trends are analyzed from recent past with an eye on coming years in this report that also offers projections for Solar PV Mounting Systems industry targeted at helping in business decisions.  Solar PV Mounting Systems Market size is set to exceed USD 9 billion by 2024, according to a new research report by Global Market Insights, Inc.  Strict government norms pertaining to climate change and greenhouse gas emissions will thrust the installation of photovoltaic systems, which will stimulate the solar PV mounting systems market. Regulations including 2009/28/EC directive and renewable purchase obligation creating a need to adopt sustainable technologies to generate electricity. Shift of consumer focus towards adoption of clean energy to reduce carbon emissions will further complement the industry landscape. The European Union has set a target to fulfil at least 20% of its energy requirement from renewable sources by Key Insights from Solar PV Mounting Systems Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Germany solar PV mounting systems market is set to exceed USD 150 million by Increasing adoption of energy efficient systems coupled with growing measures towards energy security will complement the business outlook. In Germany from January 2016, construction of new buildings was only permitted if its primary energy requirement must be lower than 25 % of the previous threshold.  Increasing demand for off-grid electricity from remote areas for uninterrupted and reliable supply will steer the growth of solar PV mounting systems market share. High initial investment towards grid extension will encourage the adoption of off grid renewable technologies including solar, which will further complement the industry outlook. In April 2017, The African Development Bank (AfDB) announced to invest USD 12 billion over next 5 years in its new electrification program.  Government initiatives including Power Purchase Agreement (PPA), soft loans, subsidies, and tax rebates will further augment the solar PV mounting systems market share. In September 2014, government of Chile introduced a net-metering scheme, which will help beneficiaries to receive credit on their utility bills for feeding excess electricity to the grid. Continued...

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Ground mounted in 2016 accounted for over 75% of solar PV mounting systems market share. High efficiency and facility for inclination & orientation are some of the salient features which makes its adoption preferable over other available counterparts. Rising demand for large capacity photovoltaic plants along with ongoing expansion of existing systems will further stimulate the product demand.  Growing demand for decentralize power generation along with measures to reduce carbon footprints will fuel the China solar PV Mounting systems market. In 2016, Government of China issued a document 625 on renewable energy, which makes it obligatory for grid connected companies to purchase certain amount of electricity from renewable generators up to an allocated hour.  Notable players in solar PV mounting systems market include, UNIRAC, Quick Mount PV, K2 SYSTEMS, Landpower Solar, RBI Solar, Schletter, Mounting Systems, DPW Solar, SolarWorld, Versolsolar, Xiamen Grace Solar Technology, Clenergy, SNS Corporation, Suyash Metatech. Continued...

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Europe Solar PV Mounting Systems Market, By End Use, 2016 & 2024 (USD Million)

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved  By Product Trends Rooftop solar PV mounting systems market is predicted to witness growth over 8% owing to its compact size, ease of installation and space optimization features. Introduction of decentralized power to reduce grid dependency will further stimulate the product demand. Initiatives including financial assistance and tax credit schemes would further complement the business outlook.  By Technology Trends Tracking accounted for over 19% of global solar PV mounting systems market share in Ability to enhance the generation rate by 20% when compared with available counterparts will boost the product demand. Decline in O&M expenditure along with significant product price drop will further complement the industry outlook.  Competitive Market Share Key players in solar PV mounting systems market are Schletter, UNIRAC, K2 SYSTEMS, Quick Mount PV, RBI Solar, Mounting Systems, Landpower Solar Technology, SolarWorld, Xiamen Grace Solar Technology, Versolsolar, Clenergy, DPW Solar, SNS Corporation, Suyash Metatech. 360° Analysis

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