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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 |
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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: |
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Pitfalls & Challenges: |
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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.