The material selection, structural design and arrangement of the solar mounting industry directly affect the power generation efficiency, operation safety and service life of the solar power station. The solar mounting mount system is divided into solar tracking brackets and fixed brackets according to whether the solar array can rotate with the change of the incident angle of the sun. The tracking bracket can adjust the angle with the change of the incident angle of the sun. Compared with the fixed bracket, it can usually obtain 5%-35% power generation. volume gain. In some large-scale ground power stations, tracking brackets have better economy. Using tracking brackets instead of fixed brackets can achieve higher projects through the gain of power generation.

Compared with the fixed solar mount, the tracking solar mount needs to install the electric control and drive system, which increases its initial cost by about 0.2 yuan/W. Secondly, the footprint of solar mounts is greatly affected by latitude, especially the oblique single-axis and dual-axis tracking solar mounts. The area of the 50-degree latitude area is almost 8 times that of the latitude 18 area, while the area of fixed solar mounts does not increase. To 5 times, if the land price is higher, the advantages of tracking solar mounts cannot be reflected. In addition, compared with the fixed solar mount, the tracking solar mount has a higher height, is more difficult to clean and maintain, and increases the cost. The self-consumption of the tracking system is high, and the failure rate is relatively high.

The penetration rate of tracking solar mounts in my country is much lower than the global level. According to Wood Mackenzie data, the penetration rate of global tracking solar mounts in large ground power stations in 2020 will be around 50%, while the penetration rate of domestic tracking solar mounts in 2021 is only 14.6%. %.

Solar Mounting Market Size
The logic of the expansion of the solar stent industry market scale with the growth of photovoltaic installations is clear. The overseas tracking bracket industry started early and has mature technology, which has been highly recognized in the downstream. At the same time, in recent years, with the cost reduction of photovoltaic tracking brackets, the reliability and stability have been widely verified, and the domestic subsidy policy has been continuously adjusted. The revenue management of photovoltaic power plants is more refined, and the use of tracking brackets has become one of the important measures to improve the revenue of photovoltaic power plants. It also brings a broad market to the application of photovoltaic tracking brackets. Tracking brackets are expected to accelerate penetration.
According to the research of relevant institutions, the global tracking stent penetration rates from 2022 to 2025 are: 60%, 64%, 68% and 72%, respectively, and the average selling price of stents will be 0%/-3%/-2 on the basis of 2020. %/-2%, the total length of stents in 2021 will be about 66.5 billion yuan, and it is expected to reach 117.7 billion yuan in 2025, with a compound annual growth rate of 15.4%, and the market size of tracking stents in 2021 will be about 31.4 billion yuan , It is expected to reach 65.1 billion yuan in 2025, with an average annual compound growth rate of 20.0%. In the next few years, the compound growth rate of the tracking bracket industry will be faster than that of fixed brackets.

Competitive Landscape of Solar Mounts
Thanks to the support of the photovoltaic industry policy, the technological bottleneck of my country's photovoltaic industry has been continuously made breakthroughs, and the upstream and downstream industrial chains have been continuously improved. my country's photovoltaic industry has grown into one of the most important photovoltaic equipment producers. However, in the application of solar stents in my country, the performance of early solar stents was unstable, started late, and caught up later, and the era of the rise of domestic products of tracking stents is coming.
Relying on the first-mover advantage in the field of tracking stents, foreign leading enterprises have been accumulating technology and project experience, and have always held the leading position of stents. Currently, the top three overseas enterprises occupy 55% of the market share. As a local enterprise, CITIC Bo ranks fourth in the global tracking stent market share. As domestic tracking brackets are gradually recognized and accepted by downstream customers, in recent years, my country's leading tracking bracket companies have formed a complete supply chain channel from control to drive system, and domestic replacement will enter a stage of rapid development. In terms of business model, domestic stent enterprises adopt the integrated model of R&D design + manufacturing, which has more advantages in quality control and cost.
In terms of technology, the technological gap between the leading enterprises of tracking stents in my country is constantly narrowing with the top enterprises in Europe and the United States. In terms of overseas channels, after the listing of domestic stent companies, they are also accelerating their overseas layout and promoting their overseas strategy. It is optimistic that domestic enterprises will produce cost-effective products through continuous technological iteration, and start a domestic substitution cycle.