What is Solar Frame Market?
Solar Frames are designed to hold the solar panels. It is reliable and protects it from extreme weather conditions. Additionally, it protects the internal components as well as provides attachment points.The solar frames are manufactured according to the size of the solar panels and are assembled using high precision tools. During the transportation the framed solar panels are protected better than the frameless ones. Since, the consumers are inclined towards the renewable energy there is a high demand in solar power which in turn is fueling the market of solar frame.
The market study is being classified by Type (Anodized Aluminium Solar Panel Frames, Powder Coating Solar Panel Frames, Silver plating Solar Panel Frames and Other), by Application (Commercial, Residential and Industrial) and major geographies with country level break-up.
Targray Technology (Canada), Sunshine solar (United Kingdom), Hydro Aluminium (Norway), FX Solar (Canada), Alnan Aluminium (China), Fujian Fenan Aluminum (China), TS aluminum (Germany), Berbertec (Germany), Anhui Yinjing Metal Products (China) and AFCO Industries (United States) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Token Aluminum Products (China).
Solar frame market is fragmented with numerous players who are focusing on the quality and to offer a wide range products to attract customers. Emerging countries are to estimate positive growth due to rapid urbanization, and adoption of renewable energy in upcoming years Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Solar Frame market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Solar Frame market by Type, Application and Region.
On the basis of geography, the market of Solar Frame has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Implementation of Solar Energy Storage Systems
Market Trend
- Inclination of Individuals towards the Renewable Energy
- Increased Investments in Research and Development
Restraints
- High Costs Associated with the Solar Frames
Opportunities
- Growing Construction Activities Leading Demand in Solar Power
- Government Incentives and Tax Rebates for Installation of Solar Panels
Challenges
- Climatic Conditions May Hamper the Market
- Stiff Competition among the Players
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organizations, Government Agencies and Organizations