Recent trends in the international photovoltaic (PV) mounting market indicate a profound transformation. According to the latest global PV tracker manufacturer ranking released by international energy consulting firm Wood Mackenzie, the core of market competition has shifted from pure shipment volume to comprehensive strength. In the assessment based on data from the first half of 2025, NextPower (USA) topped the list, closely by China's Trina Tracker in second place, and Array (USA) in third.
Timothy Shen, Senior Research Analyst at Wood Mackenzie, pointed out that the competitive advantage of leading companies is no longer determined solely by shipment volumes; Environmental, Social, and Governance (ESG) factors, service quality, and resilient supply chains are becoming the new core competencies. In this evaluation, the ESG and Corporate Social Responsibility (CSR) dimension accounted for a significant 30% weight, with six of the top ten companies receiving EcoVadis sustainability ratings.
At the technology application level, solutions for specific scenarios are being rapidly implemented. Industry news from February 25 showed that the results for the flexible PV mounting procurement tender for the Hubei Huadian Wuhan Xinzhou Jiujie 75MW agrivoltaic complementary project were announced, with Shenzhen Antai Technology Clean Energy Co., Ltd. ultimately securing the order. This indicates that the advantages of flexible mounting systems in addressing complex terrain issues for agrivoltaic and fishery-PV complementary projects are gaining market recognition.
However, the market also faces adjustment pressures. Arctech Solar, a leading player in the PV mounting segment, recently announced a delay in its fund-raising investment project for PV mounting and shifted some R&D topics towards intelligent pile driving robots and intelligent installation robots. The company anticipates its first net loss since listing for 2025, primarily due to downstream project delays caused by fluctuating module prices. This move reflects strategic adjustments by companies seeking new growth points through technological crossovers during an industry downturn.
Raw material prices upstream are also fluctuating. According to data from Tonghuashun, on February 24, the spot price for Jiugang PV mounting steel (S350GD+ZM1.0) was reported at 5,380 RMB/ton, an increase of 30 RMB/ton from the previous day, indicating ongoing cost-side pressures.
From a macro perspective, research institutions hold an optimistic view of the future market. A report by Business Research Insights indicates that the global solar PV mounting systems market is valued at $18.22 billion in 2026 and is projected to reach $49.31 billion by 2035, with a compound annual growth rate (CAGR) of 11.7%. This growth is primarily driven by the rising adoption of solar energy globally and technological innovations, especially the emergence of new trends like floating solar PV mounting systems.
In summary, the international PV mounting market is in a critical transition period, shifting from quantitative expansion to qualitative competition. Companies not only need to achieve continuous breakthroughs in technological innovation but also must build deeper moats in supply chain management, ESG compliance, and navigating policy uncertainties.
