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Ground Mounted Solar PV Mounting Systems Market Trends

Report ID: GMI5920
Published Date: Dec 2024
Report Format: PDF

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Ground Mounted Solar PV Mounting Systems Market Trends

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.

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The global market for ground-mounted solar PV mounting systems was reached USD 37.3 billion in 2024 and is estimated to grow at a 4.7% CAGR from 2025 to 2034, driven by increasing demand for alternatives to traditional fuels.

The fixed segment is projected to reach USD 41.2 billion by 2034, owing to its capacity to accommodate a large number of solar panels and reduced component costs.

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 clean electricity solutions.

The U.S. market for ground-mounted solar PV mounting systems is likely to exceed USD 5.7 billion by 2034, led by government policies offering incentives such as tax credits and feed-in tariffs.

Key players in the industry include ArcelorMittal, Aerocompact GmbH, Arctech, Clenergy, DPW Solar, GameChange Solar, Gonvarri Industries, Ideematec AG, Jinko Solar, K2 Systems GmbH, Mounting Systems, Nuevosol Energy Pvt. Ltd., Schletter Group, SOLTEC, UNIRAC, Versolsolar Hangzhou Co., Ltd., Xiamen Grace Solar New Energy Technology Co., Ltd., and ZIMMERMANN PV-Stahlbau.