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					</table><p><a href="https://www.goodluckindia.com/" target="_blank" rel="noopener">Goodluck India</a>, <a href="https://www.arctechsolar.us/" target="_blank" rel="noopener">Arctech</a>, <a href="https://strolar.com/" target="_blank" rel="noopener">Strolar Mounting Systems</a>, <a href="https://raydeanindustries.com/" target="_blank" rel="noopener">Raydean Industries</a>, and<a href="https://metalkraft.in/" target="_blank" rel="noopener"> Metalkraft Forming Industries</a> were the top five module mounting structure suppliers to the Indian solar market in the first half (1H) of the calendar year (CY) 2024, according to Mercom’s <a href="https://www.mercomindia.com/product/mercoms-india-solar-market-leaderboard-1h-2024-market-shares-profiles" target="_blank" rel="noopener">India Solar Market Leaderboard 1H 2024</a>.</p>
<p>Goodluck India led the solar module mounting structure shipments with a market share of 25.5%. Arctech and Strolar Mounting Systems followed with 15.5% and 14.9% of the shipments. Raydean Industries and Metalkraft Forming Industries rounded off the top five with markets share of 13.7% and 11.9%.</p>
<p><a href="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/leaderboard-module-mountign.png"><img loading="lazy" decoding="async" class="aligncenter wp-image-73550 size-full" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/leaderboard-module-mountign.png" alt="" width="581" height="330" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/leaderboard-module-mountign.png 581w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/leaderboard-module-mountign-300x170.png 300w" sizes="(max-width: 581px) 100vw, 581px" /></a></p>
<p>Mounting structures in ground-mounted or rooftop solar projects ensure optimum energy generation. They carry the weight of solar modules and are built to withstand high wind speeds. These structures must endure seasonal variations and the challenging conditions typical of solar power project sites in India.</p>
<p>As of June 2024, Goodluck India had a production capacity of 412,000 metric tons per annum. In January 2024, the company raised nearly ₹2 billion (~$24.1 million) through a qualified institutional placement.</p>
<p>Arctech has a combined annual production capacity of 13 GW, which includes a 3 GW manufacturing facility in Mundra, Gujarat. The company is also planning to expand by adding a 3 GW production unit in Saudi Arabia.</p>
<p>Strolar Mounting Systems operates with a production capacity of 5,000 MT per month for steel-based solar module mounting structures and 45 MW per month for aluminum-based mounting structures at its facilities in Taloja and Greater Noida, Uttar Pradesh.</p>
<p>Raydean Industries produces module mounting structures for rooftop solar installations, with a manufacturing capacity of 3,800 MT per month, equivalent to about 10 MWp.</p>
<p>Metalkraft Forming Industries, based in Hyderabad, Andhra Pradesh, has a production capacity of 4,500 MT per month.</p>
<p>Mercom’s India Solar Market Leaderboard report covers the market landscape across the entire supply chain. For the detailed and comprehensive report, <a href="https://www.mercomindia.com/product/mercoms-india-solar-market-leaderboard-1h-2024-market-shares-profiles" target="_blank" rel="noopener">click here</a>.</p>
<p>The <a href="https://www.mercomindia.com/product/mercoms-india-solar-market-share-tracker" target="_blank" rel="noopener">Market Share Tracker</a>, offering quarterly data insights on your competitors’ growth rates, is also available.</p>


Who’s Leading the Solar Module Mounting Market in 1H 2024?


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					</table><p><a href="http://www.purshotamgroup.com/" target="_blank" rel="noopener">Purshotam Profiles</a>, <a href="https://www.goodluckindia.com/" target="_blank" rel="noopener">Goodluck India</a>, and <a href="https://www.strolar.com/" target="_blank" rel="noopener">Strolar </a>were the top three module mounting structure suppliers to the Indian solar market in the calendar year (CY) 2022. <a href="https://raydeanindustries.com/" target="_blank" rel="noopener">Raydean</a> and <a href="http://www.metalkraft.in/" target="_blank" rel="noopener">Metalkrafft<u> Forming Industries</u> </a>rounded off the top five, according to Mercom’s recently released report, <a href="https://www.mercomindia.com/product/mercoms-india-solar-market-leaderboard-2023-market-shares-and-profiles" target="_blank" rel="noopener">India Solar Market Leaderboard 2023</a>.</p>
<p>The report offers valuable information on the market shares of prominent companies in the industry and presents a comprehensive analysis of their performance.</p>
<p>Together these five companies accounted for 88% of the market demand, while the others accounted for the remaining 12% in an increasingly consolidated market dominated by a few large companies.</p>
<p>As India moves aggressively to achieve its target of 280 GW of solar installations by 2030, module mounting structures play a crucial role throughout these projects&#8217; lifetime, whether installed on the ground or on rooftops.</p>
<p>These structures bear the weight of solar modules, providing support and stability. They are designed to endure harsh weather conditions and strong winds, ensuring the projects&#8217; long-term durability and optimal performance.</p>
<p><strong><img loading="lazy" decoding="async" class="aligncenter wp-image-54643 size-full" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2023/05/Screenshot-2023-05-30-103742.png" alt="" width="755" height="438" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2023/05/Screenshot-2023-05-30-103742.png 755w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2023/05/Screenshot-2023-05-30-103742-300x174.png 300w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2023/05/Screenshot-2023-05-30-103742-650x377.png 650w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2023/05/Screenshot-2023-05-30-103742-624x362.png 624w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2023/05/Screenshot-2023-05-30-103742-600x348.png 600w" sizes="(max-width: 755px) 100vw, 755px" /></strong></p>
<p><strong>Purshotam Profiles</strong> ranked first with 38% of the total module mounting structure supply during 2022. The company’s shipments increased significantly by 38% year-over-year.</p>
<p>Purshotam has a production capacity of 25,000 metric tons per month. The company has established an extensive distribution network of factories in Ahmedabad, Ghaziabad, Noida, Jodhpur, and Hyderabad to cater to both domestic and international demands.</p>
<p>The company’s product range includes various types of C-Sections (such as columns, rafters, and bracings) and Hat-Sections like Purlin. The materials used comprise pre-galvanized, hot dip galvanized, HR, and PosMac.</p>
<p><strong>Goodluck India</strong> came in second with 26% of the total module mounting structures that were supplied during 2022. The company’s shipments saw an increase of 31.3% year-on-year.</p>
<p>Goodluck specializes in grid-connected solar parks and solar power plants. Their offerings encompass the supply, civil work, and installation of these structures. The company has developed its own cost-effective and user-friendly designs for panel support structures.</p>
<p><strong>Strolar</strong> bagged the third position and accounted for 10.6% of the total solar module mounting structures that were supplied during 2022.</p>
<p>Its product range includes both roof and ground mounting solutions, catering to a wide range of projects.</p>
<p><strong>Raydean Industries</strong> made remarkable progress in its ranking, rising from the eighth position in 2021 to the fourth position accounting for 7.1% of the total supply. The company&#8217;s shipments of module mounting structures experienced an impressive year-on-year growth of 236.5%.</p>
<p>The company manufactures customized structures for solar projects, rooftop solar, solar water pumping systems (fixed &amp; dual axis manual tracking), solar water tanks, and solar carports.</p>
<p><strong>Metalkraft Forming Industries</strong> emerged as one of the new entrants in the top ten suppliers of mounting structures.</p>
<p>The company emerged in the fifth position, accounting for 6.1% of the total solar module mounting structures supplied during 2022. The company is a cold-roll-forming company located in Hyderabad. It was founded in 2002 and operates from a manufacturing facility spanning 125,000 square feet near Hyderabad.</p>
<p>The company has a monthly manufacturing capacity of 4,500 metric tons.</p>
<p>The report covers the market landscape across the entire supply chain. For the detailed and comprehensive report, click <a href="https://www.mercomindia.com/product/mercoms-india-solar-market-leaderboard-2023-market-shares-and-profiles" target="_blank" rel="noopener">here</a>.</p>
<p>Also, the <a href="https://www.mercomindia.com/product/mercoms-india-solar-market-share-tracker" target="_blank" rel="noopener">Market Share Tracker</a>, which gives data insights into your competitors and their growth rates every quarter, is now available.</p>


Purshotam Profiles, Goodluck, Strolar Top Solar Module Mounting Structure Suppliers in 2022

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