The United Kingdom photovoltaic mounting system market value reached US$ 678.0 million in 2022. Overall photovoltaic mounting system sales in the country are set to soar at 8.4% CAGR from 2023 to 2033. Total market size will witness an increase from US$ 730.9 million in 2023 to US$ 1,643.8 million by 2033.
Ground mounted PV systems currently lead the United Kingdom market. The target segment is set to contribute more than 40% market value share in 2023. On the other hand, sales of rooftop mounted PV systems will outpace other types through 2033.
Over the years, there has been a growing interest in renewable energy sources or green energy across the United Kingdom. This is due to factors such as rising energy prices, increasing carbon emissions, and depletion of renewable energy resources.
People are showing a keen inclination towards adopting solar PV systems. These systems convert sunlight into electricity by utilizing the photovoltaic effect. High adoption of these systems in turn is putting the PV mounting system market into limelight.
Thanks to rising adoption of photovoltaic panels or PV systems, PV mounting systems have a bright future in the United Kingdom. These systems are becoming popular due to reduction in solar energy system prices.
Photovoltaic (PV) mounting systems are the skeleton or framework of a solar panel. These systems are used to mount/fix solar panels or photovoltaic arrays onto various surfaces, such as rooftops, ground, or carports. They are also called solar module racking systems.
The mounting system typically includes a variety of components. This includes mounting brackets, rails, and clamps, which are designed to securely fasten the solar panels to the mounting surface and support them in place.
PV mounting systems play a crucial role in the overall efficiency and longevity of solar systems. They are adaptable and lightweight and have become critical components of modern solar panels
The United Kingdom photovoltaic (PV) mounting system market is experiencing steady growth as more people are turning to renewable energy sources to reduce their carbon footprint and lower their energy costs.
One of the key trends in the market is the increasing demand for flat roof mounting systems, which are versatile and can be used on a wide range of buildings.
Growing adoption of PV mounting systems in residential sector is acting as a catalyst triggering photovoltaic mounting system sales.
Homeowners across the United Kingdom are seeking to generate their own electricity and benefit from government incentives such as the feed-in tariff. This in turn will create high demand for photovoltaic mounting systems.
Introduction of various government incentives and schemes will play a key role in fostering PV mounting system market development. Further, growing interest in space-based solar power will favor market expansion.
Large investments are being made by government and non-government organizations to explore the potential of space-based solar power systems. For instance, recently the United Kingdom government commissioned space solar power stations research.
The new SBSP (space-based solar power) systems will use big solar power satellites for collecting solar energy, converting it into high-frequency radio waves, and safely beaming it back to ground-based receivers. This will create new revenue-generation opportunities for PV mounting system manufacturers.
Continuous technological advancements in PV mounting systems to increase the effectiveness of solar panels will also boost the market through 2033.
However, the market faces challenges such as the lack of standardization and certification, which can make it difficult for customers to compare products and choose the best option for their needs. Additionally, the uncertainty surrounding government policies and incentives can impact the growth of the market.
| Attribute | Key Insights |
|---|---|
| Estimated United Kingdom Photovoltaic Mounting System Market Size (2023) | US$ 730.9 million |
| Projected Market Size (2033) | US$ 1,643.8 million |
| Value-based CAGR (2023 to 2033) | 8.4% |
| Collective Value Share: Top 5 Companies (2023E) | 38% to 40% |
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Sales of photovoltaic mounting systems in the United Kingdom grew at around 6% CAGR from 2018 to 2022. Total market size in the country reached US$ 678.0 million at the end of 2033. Between 2023 and 2033, the United Kingdom photovoltaic mounting system industry will progress at 8.4% CAGR.
Over the past decade, the market for photovoltaic (PV) mounting systems in the United Kingdom expanded significantly. This is due to factors such as rising demand for renewable energy sources, government incentives, and technological developments.
A program called the feed-in tariff was implemented by the British government in the early 2010s to incentivize the use of renewable energy sources such as solar power to power homes and businesses. Because of this, photovoltaic systems and the mounting systems required to install them have become increasingly popular.
Key players such as Sunfixings and Renusol established strong footholds in the market during this time of steady expansion. However, in 2015, the government announced a substantial reduction in the feed-in tariff rates, creating uncertainty and slowing down installations, posing a challenge to the market.
Several businesses reorganized and shifted their focus to the commercial and industrial sectors as a result of competition from cheaper Chinese products.
Despite these obstacles, the market expanded in the latter half of the decade due to factors such as falling photovoltaic system prices and rising environmental consciousness. New entrants such as Mounting Systems, which entered the United Kingdom market in 2018, have also emerged and established themselves as formidable competitors.
Flat roof mounting systems, which can be used on a variety of structures, saw a significant uptick in demand during this time period. One reason for this is the relaxation of rules regarding the placement of solar panels on the roofs of homes and businesses.
The use of modular systems and other innovative mounting technologies, which allow for quicker and cheaper installations, is another growing trend. This helped address issues, such as a lack of standardization and certification, that engulfed the market.
With the government aiming for zero carbon emissions by 2050, the market for photovoltaic mounting systems in the United Kingdom is predicted to continue expanding. To achieve this goal, the use of solar power and other renewable energy sources needs to rise significantly.
The market also faces challenges such as the uncertainty surrounding government policies and incentives. In 2020, the government announced changes to the feed-in tariff scheme, replacing it with the Smart Export Guarantee, which pays homeowners and businesses for exporting excess electricity back to the grid.
While this has provided some clarity for the market, it remains to be seen how effective the new scheme will be in driving installations. The market faces competition from other renewable energy sources such as wind power.
However, growing demand for renewable energy and increasing sophistication of photovoltaic technologies are likely to provide significant opportunities for companies in the United Kingdom photovoltaic mounting system market.
The United Kingdom photovoltaic mounting system market will expand at a robust pace owing to government incentives, decreasing costs, and environmental awareness. Despite challenges such as the uncertainty surrounding government policies, the market will flourish as the demand for renewable energy sources increases.
The adoption of innovative technologies and the emergence of new players will also boost the United Kingdom market.
Key Trends Shaping the Market:
Increasing demand for renewable energy, government incentives, and technological advancements are key factors driving photovoltaic (PV) mounting system demand in the United Kingdom.
The rising realization of the importance of cutting down on carbon emissions and combating climate change is also boosting demand.
Mounting systems are an essential part of the installation and upkeep of renewable energy systems, and that's the reason many households and businesses are making the switch to solar power.
Government incentives and policies also play a significant role in driving demand for PV mounting systems. For example, the feed-in tariff scheme introduced by the United Kingdom government in the early 2010s provided financial incentives for homeowners and businesses to generate their own electricity through renewable sources such as solar power.
While this scheme has since been replaced, the government continues to support the growth of renewable energy through other initiatives such as the Smart Export Guarantee. This is creating a conducive environment for the development of PV mounting system market.
Advancements in technology are also driving demand, as new and innovative mounting systems are developed that are more efficient, cost-effective, and easier to install. For example, flat roof mounting systems have become increasingly popular due to their versatility and ease of installation.
Overall, the combination of environmental concerns, government incentives, and technological advancements will continue driving demand for photovoltaic mounting systems in the coming years.
Principal Consultant
While the demand for photovoltaic (PV) mounting systems in the United Kingdom is growing, certain factors could potentially hinder sales of these systems.
One factor is the uncertainty surrounding government policies and incentives. Changes in policies or the phasing out of incentive schemes can lead to a reduction in demand for PV mounting systems, as homeowners and businesses may become less willing to invest in renewable energy.
Sales of PV mounting systems may also be impacted by competition from other renewable energy sources, such as wind power. Businesses may decide to use renewable energy sources other than solar or wind because they are better suited to their operations or geographic location.
The market could be affected by cheap imports from countries such as China. These goods may be priced competitively with domestic goods, making it challenging for domestic businesses to compete.
The lack of market-wide standards and certification is another potential obstacle. Customers may have a harder time making informed purchases and new businesses may find it more difficult to break into an established market when there aren't established standards and regulations.
Finally, certain customers may be put off by the high cost of PV systems and mounting systems. Some homeowners and businesses may be hesitant to make the initial investment despite the substantial potential savings over time.
Cost-effectiveness of Rooftop Mounting Systems Will Help it Emerge as the Predominant Product Type
Currently, ground mounted systems segment dominates the United Kingdom market. This is because ground-mounted PV systems can be set up anywhere from open fields to industrial sites. They are suitable for large-scale solar installations.
As per Future Market Insights (FMI), ground-mounted systems segment will experience significant growth in the coming years as a result of the government's emphasis on increasing renewable energy capacity.
But over the next ten years, demand will remain high for rooftop photovoltaic mounting systems. The target segment is likely to thrive at 9.3% CAGR through 2033.
Rooftop mounting systems are commonly used in both residential and commercial settings, as their names suggest. Recently, more people in the United Kingdom are turning to solar power and taking advantage of government rebates and incentives.
Rooftop solar installations are particularly popular, and they are expected to push demand for rooftop mounting systems at a robust pace.
Rooftop mounting systems can be easily installed on existing rooftops, making them a convenient and cost-effective option for solar installations.
Government in the United Kingdom is making concerted efforts aimed at encouraging people to install rooftop solar panels. This, in turn, will continue to bolster rooftop photovoltaic mounting system sales.
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The competitive landscape of the photovoltaic (PV) mounting system market in the United Kingdom is highly fragmented, with a large number of players operating in the market. Leading photovoltaic mounting system manufacturers in the country include Unirac Inc., Schletter Inc., SunPower Corporation, Mounting Systems GmbH, and Renusol GmbH.
These companies offer a wide range of PV mounting systems, including rooftop, ground-mounted, and floating systems. They are continuously innovating their products to stay ahead in the market.
Further, various companies are focusing on strategic partnerships and collaborations to expand their market presence and increase their customer base.
| Attribute | Details |
|---|---|
| Estimated Market Size (2023) | US$ 730.9 million |
| Projected Market Size (2033) | US$ 1,643.8 million |
| Anticipated Growth Rate (2023 to 2033) | 8.4% CAGR |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Revenue in US$ million, Volume in Units and CAGR from 2023 to 2033 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered | Product Type, Sales Channel, Material Type, Technology, End Use |
| Regions Covered | Europe |
| Key Countries Covered | United Kingdom |
| Key Companies Profiled | SunPower Corporation; Bauder Ltd; Armacell UK Ltd; EcoFasten Solar; Hilti (Great Britain) Ltd; K2 Systems Ltd.; Sunfixings Ltd.; Sunsquare Ltd; BayWa r.e. UK Ltd; Clenergy; Flexisolar; Mounting System GmbH; Schletter Group |
The United Kingdom photovoltaic mounting system market registers US$ 730.9 million revenue in 2023.
The market revenue is projected to exceed US$ 1,643.8 million by 2033.
The United Kingdom photovoltaic mounting system market is anticipated to upsurge at an 8.4% CAGR through 2033.
Ground-mounted systems are anticipated to take the lead in the United Kingdom Photovoltaic Mounting System Market.
The top trend in the market includes the increasing adoption of bifacial solar panels.
1. Executive Summary | United Kingdom Photovoltaic Mounting System Market
1.1. United Kingdom Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
4. Key Success Factors
4.1. Product Adoption / Usage Analysis
4.2. Product USP’s / Features
4.3. Strategic Promotional Strategies
5. Market Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033
5.1. Historical Market Volume (Units) Analysis, 2018 to 2022
5.2. Current and Future Market Volume (Units) Projections, 2023 to 2033
5.3. Y-o-Y Growth Trend Analysis
6. Market - Pricing Analysis
7. Market Demand (in Value or Size in US$ million) Analysis 2018 to 2022 and Forecast, 2023 to 2033
7.1. Historical Market Value (US$ million) Analysis, 2018 to 2022
7.2. Current and Future Market Value (US$ million) Projections, 2023 to 2033
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Market Background
8.1. Macro-Economic Factors
8.1.1. United Kingdom Economic Growth Outlook
8.1.2. United Kingdom Real GDP Growth
8.1.3. United Kingdom Urbanization Overview
8.1.4. United Kingdom Population Overview
8.1.5. Other Macro Economic Factors
8.2. Forecast Factors - Relevance & Impact
8.2.1. United Kingdom Urbanization Growth
8.2.2. GDP Growth
8.2.3. Environmental regulations
8.2.4. Investment in Research & Developments
8.2.5. Key Companies Historical Growth Outlook
8.2.6. Product Developments
8.2.7. Impact of Regulations
8.3. Value Chain
8.3.1. List of Manufacturers
8.3.2. List of Distributors and Traders
8.3.3. List of Suppliers
8.4. Key Regulation and Policies
8.5. COVID-19 Crisis – Impact Assessment
8.5.1. Current Statistics
8.5.2. Short-Mid-Long Term Outlook
8.5.3. Likely Rebound
8.6. Market Dynamics
8.6.1. Drivers
8.6.2. Restraints
8.6.3. Opportunity
9. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ million) and Volume Analysis By Product Type, 2018 to 2022
9.3. Current and Future Market Size (US$ million) and Volume Analysis and Forecast By Product Type, 2023 to 2033
9.3.1. Rooftop
9.3.2. Ground-mounted
9.3.3. Carport Mounting Structure
9.3.4. Others
9.4. Market Attractiveness Analysis By Product Type
10. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material Type
10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ million) and Volume Analysis By Material Type, 2018 to 2022
10.3. Current and Future Market Size (US$ million) and Volume Analysis and Forecast By Material Type, 2023 to 2033
10.3.1. Aluminum
10.3.2. Steel
10.3.3. Others
10.4. Market Attractiveness Analysis By Material Type
11. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by End Use
11.1. Introduction / Key Findings
11.2. Historical Market Size (US$ million) and Volume Analysis By End Use, 2018 to 2022
11.3. Current and Future Market Size (US$ million) and Volume Analysis and Forecast By End Use, 2023 to 2033
11.3.1. Residential
11.3.2. Commercial
11.3.2.1. Offices
11.3.2.2. Recreational Areas
11.3.2.3. Educational Institutions
11.3.2.4. Hospitality
11.3.2.5. Healthcare Facilities
11.3.2.6. Others
11.3.3. Industrial
11.3.4. Municipal and Government Facilities
11.3.5. Others
11.4. Market Attractiveness Analysis By End Use
12. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Technology
12.1. Introduction
12.2. Historical Market Size (US$ million) and Volume Analysis By Technology, 2018 to 2022
12.3. Current Market Size (US$ million) and Volume Analysis and Forecast By Technology, 2023 to 2033
12.3.1. Fixed
12.3.2. Tracking
12.4. Market Attractiveness Analysis By Technology
13. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Sales Channel
13.1. Introduction
13.2. Historical Market Size (US$ million) and Volume Analysis By Sales Channel, 2018 to 2022
13.3. Current Market Size (US$ million) and Volume Analysis and Forecast By Sales Channel, 2023 to 2033
13.3.1. B2B (Business To Business)
13.3.2. B2C (Business To Consumer)
13.4. Market Attractiveness Analysis By Sales Channel
14. Market Structure Analysis
14.1. Market Analysis by Tier of Companies (Photovoltaic Mounting System)
14.2. Market Share Analysis of Top Players
14.3. Market Presence Analysis
15. Competition Analysis
15.1. Competition Dashboard
15.2. Competition Benchmarking
15.3. Competition Deep Dive
15.3.1. Bauder
15.3.1.1. Overview
15.3.1.2. Product Portfolio
15.3.1.3. Profitability by Market Segments (Product Type/Material Type/Technology/Sales Channel/End Use/Region)
15.3.1.4. Sales Footprint
15.3.1.5. Strategy Overview
15.3.2. BDS
15.3.2.1. Overview
15.3.2.2. Product Portfolio
15.3.2.3. Profitability by Market Segments (Product Type/Material Type/Technology/Sales Channel/End Use/Region)
15.3.2.4. Sales Footprint
15.3.2.5. Strategy Overview
15.3.3. Clenergy
15.3.3.1. Overview
15.3.3.2. Product Portfolio
15.3.3.3. Profitability by Market Segments (Product Type/Material Type/Technology/Sales Channel/End Use/Region)
15.3.3.4. Sales Footprint
15.3.3.5. Strategy Overview
15.3.4. Flexisolar
15.3.4.1. Overview
15.3.4.2. Product Portfolio
15.3.4.3. Profitability by Market Segments (Product Type/Material Type/Technology/Sales Channel/End Use/Region)
15.3.4.4. Sales Footprint
15.3.4.5. Strategy Overview
15.3.5. GB-Sol
15.3.5.1. Overview
15.3.5.2. Product Portfolio
15.3.5.3. Profitability by Market Segments (Product Type/Material Type/Technology/Sales Channel/End Use/Region)
15.3.5.4. Sales Footprint
15.3.5.5. Strategy Overview
15.3.6. K2 Systems
15.3.6.1. Overview
15.3.6.2. Product Portfolio
15.3.6.3. Profitability by Market Segments (Product Type/Material Type/Technology/Sales Channel/End Use/Region)
15.3.6.4. Sales Footprint
15.3.6.5. Strategy Overview
15.3.7. Mounting System GmbH
15.3.7.1. Overview
15.3.7.2. Product Portfolio
15.3.7.3. Profitability by Market Segments (Product Type/Material Type/Technology/Sales Channel/End Use/Region)
15.3.7.4. Sales Footprint
15.3.7.5. Strategy Overview
15.3.8. REDtip
15.3.8.1. Overview
15.3.8.2. Product Portfolio
15.3.8.3. Profitability by Market Segments (Product Type/Material Type/Technology/Sales Channel/End Use/Region)
15.3.8.4. Sales Footprint
15.3.8.5. Strategy Overview
15.3.9. Schletter Group
15.3.9.1. Overview
15.3.9.2. Product Portfolio
15.3.9.3. Profitability by Market Segments (Product Type/Material Type/Technology/Sales Channel/End Use/Region)
15.3.9.4. Sales Footprint
15.3.9.5. Strategy Overview
15.3.10. SunFixings
15.3.10.1. Overview
15.3.10.2. Product Portfolio
15.3.10.3. Profitability by Market Segments (Product Type/Material Type/Technology/Sales Channel/End Use/Region)
15.3.10.4. Sales Footprint
15.3.10.5. Strategy Overview
15.3.11. Solar Frames South West
15.3.11.1. Overview
15.3.11.2. Product Portfolio
15.3.11.3. Profitability by Market Segments (Product Type/Material Type/Technology/Sales Channel/End Use/Region)
15.3.11.4. Sales Footprint
15.3.11.5. Strategy Overview
15.3.12. Solarport Systems
15.3.12.1. Overview
15.3.12.2. Product Portfolio
15.3.12.3. Profitability by Market Segments (Product Type/Material Type/Technology/Sales Channel/End Use/Region)
15.3.12.4. Sales Footprint
15.3.12.5. Strategy Overview
15.3.13. Solion
15.3.13.1. Overview
15.3.13.2. Product Portfolio
15.3.13.3. Profitability by Market Segments (Product Type/Material Type/Technology/Sales Channel/End Use/Region)
15.3.13.4. Sales Footprint
15.3.13.5. Strategy Overview
15.3.14. Stealth Energy
15.3.14.1. Overview
15.3.14.2. Product Portfolio
15.3.14.3. Profitability by Market Segments (Product Type/Material Type/Technology/Sales Channel/End Use/Region)
15.3.14.4. Sales Footprint
15.3.14.5. Strategy Overview
15.3.15. SunPower Corporation
15.3.15.1. Overview
15.3.15.2. Product Portfolio
15.3.15.3. Profitability by Market Segments (Product Type/Material Type/Technology/Sales Channel/End Use/Region)
15.3.15.4. Sales Footprint
15.3.15.5. Strategy Overview
15.3.16. UK Solar Generation
15.3.16.1. Overview
15.3.16.2. Product Portfolio
15.3.16.3. Profitability by Market Segments (Product Type/Material Type/Technology/Sales Channel/End Use/Region)
15.3.16.4. Sales Footprint
15.3.16.5. Strategy Overview
15.3.17. Van der Valk Solar Systems BV
15.3.17.1. Overview
15.3.17.2. Product Portfolio
15.3.17.3. Profitability by Market Segments (Product Type/Material Type/Technology/Sales Channel/End Use/Region)
15.3.17.4. Sales Footprint
15.3.17.5. Strategy Overview
Note: List of companies is subject to refinement and augmentation during the course of research
16. Assumptions and Acronyms Used
17. Research Methodology
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United Kingdom Photovoltaic Mounting System Market
