Solar racking systems can ensure the stable and reliable operation of photovoltaic (PV) power stations for decades under various complex natural conditions, playing a crucial role in solar power generation systems. They not only support and fix PV panels but also enhance power generation efficiency and adapt to different installation environments. With continuous technological advancements and growing market demand, the solar racking industry is poised for broader development prospects.

In recent years, as the demand for PV has increased and the cost-effectiveness of tracking racking systems has improved, the global shipments of tracking racking systems have grown rapidly. While meeting domestic demand, China's PV racking industry is also actively expanding into overseas markets and gradually increasing its global market share.

According to customs data, China's solar racking export value dropped to USD 4.455 billion in 2024, a year-on-year decrease of 5.06% compared to 2023, which also indicates the post-pandemic recovery trend of the Chinese solar racking market.

Although the Chinese solar racking export market has shown fluctuations, it still presents a positive development trend overall. In terms of export value, although there was a decline in 2024 compared to 2023, the market showed a strong recovery trend from 2020 to 2022, increasing from USD 4.173 billion in 2020 to USD 5.819 billion in 2022.

In terms of export volume, although there was a drop during the pandemic, the export volume rebounded to 1.52 million tons in 2023 and further increased to 1.73 million tons in 2024, a year-on-year increase of 13.93% compared to 2023. The above data shows that the Chinese solar racking export market faced pressure again from 2023 to 2024, and companies are compensating for the impact of price declines by increasing export volumes.

China's solar racking export market is primarily concentrated in Asia, Europe, and North America. Due to the rapid development of the photovoltaic (PV) industry, Southeast Asian countries have shown a continuous increase in demand for Chinese solar racking. The European market has a relatively stable demand for Chinese solar racking, especially in countries like Germany and the Netherlands, where Chinese products have gained a significant market share thanks to their high cost-effectiveness and quality service. In North America, the United States remains one of the key export destinations for Chinese solar racking. Despite certain trade frictions, the market share of Chinese solar racking products in the region continues to grow.

Over the next few years, with the sustained global increase in demand for renewable energy, the solar racking market is expected to maintain rapid growth. Chinese solar racking companies' strengths in technological innovation, cost control, and market expansion will enable them to occupy a more important position in the global market. The industry has a broad future development prospect. Companies need to continuously enhance their competitiveness and actively respond to market changes to achieve sustainable development.

GuoMaoTong, as China's first data company, can provide customs data on imports and exports for over 80 countries from 2010 to the present. It is capable of conducting precise online analysis of the distribution of import and export markets, as well as detailed transaction situations of import and export companies, including specific quantity and price analysis, supply cycles, etc. This provides reliable data support for major foreign trade companies and industry consulting firms.

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