Under pressure
Mounting systems: The estimated $6 billion PV mounting system market may be growing at double digit rates per year, but prices are falling at 4% per annum, presenting a quandary for manufacturers seeking to survive in a glutted market. The value of global PV mounting systems is declining and Chinas share of the global market is rising.
If the single and double axis tracker segment is extracted from the estimated $6 billion PV mounting system market, the total value for ground and roof mounting systems is only about $2.5 billion, and this number likely to remain flat for another three years, reckons Cormac Gilligan, a senior PV market analyst for IHS Technology, in Wellingborough, …
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