Home > Energy & Power > Electrical Equipment > Solar Parts and Components > Ground Mounted Solar PV Mounting Systems Market
The global ground mounted solar PV mounting systems market was valued at USD 37.3 billion in 2024 and is estimated to grow at a CAGR of 4.7% from 2025 to 2034. A ground-mounted solar PV mounting system is a structure used to install solar panels on the ground, rather than on rooftops or other elevated surfaces. These systems are commonly used in solar farms or large-scale residential and commercial solar power installations where the available space is on the ground rather than on a roof.
Emerging nations are witnessing a surge in off-grid solar installations, fueled by increased investments from both public and private sectors in renewable solutions. Additionally, ongoing technological advancements enhancing solar panel efficiency, coupled with a growing consumer demand for alternatives to conventional energy sources, are poised to strengthen the industry's outlook.
Report Attribute | Details |
---|---|
Base Year: | 2024 |
Ground Mounted Solar PV Mounting Systems Market Size in 2024: | USD 37.3 Billion |
Forecast Period: | 2025 – 2034 |
Forecast Period 2025 – 2034 CAGR: | 4.7% |
2025 – 2034 Value Projection: | USD 59.5 Billion |
Historical Data for: | 2021 – 2024 |
No. of Pages: | 60 |
Tables, Charts & Figures: | 15 |
Segments covered: | Technology, End Use and Region |
Growth Drivers: |
|
Pitfalls & Challenges: |
|
Growing investments in grid expansion and the adoption of rooftop system technologies, combined with the appealing economics of utility-scale installations, are poised to bolster business prospects. Furthermore, the low maintenance costs and the benefit of not needing extra installation space will further fuel product demand. Legislation and mandates designed to promote green energy adoption, along with the ongoing development of innovative clean energy sources, are expected to boost industry demand. Moreover, as strict mandates for solar PV system installations remain in place and component costs keep dropping, business expansion is anticipated to accelerate.
Mounting concerns over climate change as energy storage costs decline, are propelling the market growth of ground-mounted solar PV mounting systems. These systems facilitate seamless energy transfer, enhance ventilation, and optimize land use, bolstering industry metrics. Furthermore, with stringent carbon reduction policies in place and an increasing demand for clean energy in both residential and commercial sectors, product adoption is set to surge.
Based on technology, the fixed segment is set to reach USD 41.2 billion by 2034, owing to the accommodation of a large number of solar panels alongside a reduction in component costs. Technological strides in solar PV modules, inverters, and mounting systems, combined with environmental advantages like curbing greenhouse gas emissions and conserving natural resources, are set to bolster the market landscape. Furthermore, as sustainability takes center stage for individuals, businesses, and governments alike, the appetite for clean energy solutions, particularly ground-mounted solar PV systems, is on the rise.
Based on end use, the commercial & Industrial segment is anticipated to grow at a CAGR of over 5.5% through 2034, bolstered by its ability to provide large-scale solutions for generating clean electricity positions the product as a preferred option for utility-scale projects and sizable commercial installations. Furthermore, supportive investments from both private and public sectors in developing green infrastructures are set to enhance the business landscape.
The U.S. ground mounted solar PV mounting systems market is likely to exceed USD 5.7 billion by 2034. Government policies that provide incentives like tax credits, feed-in tariffs, or power purchase agreements along with companies that can navigate these incentives effectively and comply with local regulations will drive the business scenario. Research and development centers are increasingly focusing on advancing cutting-edge technologies. Coupled with supportive government incentives and policies, these efforts aim to boost the adoption of solar energy in the region.
Additionally, as the economy evolves, strategic business expansions especially those enhancing power distribution to remote areas—are set to drive demand for solar products.
The competitive landscape in the ground-mounted solar photovoltaic (PV) systems industry is shaped by a combination of established energy companies, specialized solar firms, and new entrants offering innovative technologies. It includes both large multinational corporations and smaller, specialized companies that focus on the solar market. Collaborations with developers, EPC contractors, and energy utilities are common to expand market reach and install large-scale ground-mounted systems. Strategic mergers or acquisitions of companies with complementary technologies or geographical footprints help firms enhance their competitive position.
Eminent players operating in the ground mounted solar PV mounting systems industry are:
Click here to Buy Section of this Report
Market, By Technology
Market, By End Use
The above information has been provided for the following regions and countries: