Charts & Stats

South Africa Solar PV Mounting Systems Market By Component

By Component, the market is segmented into PV modules (panels), Inverters, Racking, Batteries, and Other Components (2018–2027)

Author: Wantstats Research TeamSource: Wantstats Repository
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South Africa Solar PV Mounting Systems Market By Component — full underlying data
LabelPV modules (panels)InvertersRackingBatteriesOther Components
201923.64 USD Mn10.35 USD Mn4.77 USD Mn16.86 USD Mn1.53 USD Mn
202022.33 USD Mn9.81 USD Mn4.5 USD Mn15.96 USD Mn1.45 USD Mn
202123.81 USD Mn10.5 USD Mn4.8 USD Mn17.05 USD Mn1.54 USD Mn
202225.86 USD Mn11.44 USD Mn5.22 USD Mn18.55 USD Mn1.68 USD Mn
202327.9 USD Mn12.39 USD Mn5.64 USD Mn20.05 USD Mn1.82 USD Mn
202430.13 USD Mn13.42 USD Mn6.09 USD Mn21.7 USD Mn1.97 USD Mn
202532.55 USD Mn14.55 USD Mn6.58 USD Mn23.48 USD Mn2.13 USD Mn
202635.19 USD Mn15.78 USD Mn7.12 USD Mn25.43 USD Mn2.31 USD Mn
202738.05 USD Mn17.12 USD Mn7.7 USD Mn27.55 USD Mn2.51 USD Mn
202841.15 USD Mn18.58 USD Mn8.34 USD Mn29.86 USD Mn2.72 USD Mn
202944.53 USD Mn20.18 USD Mn9.02 USD Mn32.37 USD Mn2.95 USD Mn
203048.2 USD Mn21.91 USD Mn9.77 USD Mn35.1 USD Mn3.2 USD Mn

Data Source: Wantstats Repository

Wantstats

Growth Outlook

  • The South Africa Solar PV Mounting Systems Market By Component market is on a steady long-term growth path. Segment value stands at roughly USD 86 Mn in 2026 and is projected to reach USD 118 Mn by 2030 — a gain of about 38% over the forecast period, translating to a CAGR in the high single digits.
  • What the regional split looks like (2026): PV modules (panels) leads, holding roughly 41% of segment value — the single largest regional share. Batteries is the second-largest contributor. Inverters, Racking and Other Components make up the remainder, in descending order.
  • By 2030, PV modules (panels) alone is expected to reach USD 48 Mn, with Batteries at USD 35 Mn.

Market Dynamics

The demand for solar PV mounting systems in South Africa has been increasing in recent years due to the country’s growing adoption of renewable energy sources. Solar PV mounting systems are critical components of solar panel installations, and they play a crucial role in the overall efficiency and stability of a solar power system.

There are various components that make up a solar PV mounting system, and each one has its own unique function. The first component is the solar panel itself, which is responsible for converting sunlight into electricity. The most common type of solar panels used in South Africa is the monocrystalline silicon panels, which are known for their high efficiency and durability.

Another essential component of a PV mounting system is the mounting structure, which is used to secure the solar panels onto rooftops, ground-based structures, or tracking systems. The mounting structure must have high structural integrity and be able to withstand harsh weather conditions such as strong winds and heavy rain. In South Africa, where extreme weather events are common, it is vital to invest in high-quality mounting structures to ensure the longevity and stability of the solar power system.

Other key components of a solar PV mounting system include the solar inverters, which are responsible for converting the direct current (DC) electricity produced by the solar panels into alternating current (AC) electricity that can be used by homes and businesses. The inverter is a critical component as it ensures the reliability and efficiency of the electricity supply.

Cables, connectors, and junction boxes are also essential components of a solar PV mounting system. These components are responsible for connecting the solar panels to the inverter, and they must be able to withstand high temperatures, UV radiation, and extreme weather conditions.

There is also a growing demand for advanced monitoring systems in South Africa's solar PV market. These systems allow for remote monitoring and management of solar power systems, providing real-time data on energy production, system performance, and potential issues. With South Africa’s increasing focus on renewable energy, the demand for innovative and efficient solar PV mounting systems with advanced monitoring capabilities is expected to rise.

In conclusion, the demand for solar PV mounting systems in South Africa is driven by various components that make up this critical component of solar power systems. With the country's growing interest in renewable energy, there is a need for high-quality, durable, and efficient solar PV mounting systems that can withstand the country's unique weather conditions.

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Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.