Solar PV Mounting Systems Market Size - By Technology (Fixed, Tracking), By Product (Ground Mounted, Roof-Top), By End-Use (Residential, Commercial & Industrial, Utility), 2025 – 2034

Solar PV Mounting Systems Market Size

The global solar PV mounting systems market was valued at USD 38.4 billion in 2024 and is estimated to grow at a CAGR of 4.9% from 2025 to 2034. It refers to the hardware and structural components used to securely attach and position solar panels to a roof, the ground, or other surfaces in a way that maximizes their exposure to sunlight. These systems are designed to support solar panels in place for the duration of their operational life, which can span 25-30 years or more.
 

Growing off-grid solar installations in emerging nations, along with heightened investments from both public and private sectors in renewable solutions, are set to boost the business landscape. Furthermore, continuous technological advancements aimed at boosting solar panel efficiency, combined with rising consumer demand for alternatives to traditional energy sources, will bolster the industry prospects.
 

Increasing investments in grid expansion and the integration of rooftop system technologies, along with the attractive economics of utility scale installations, are set to enhance business prospects. Additionally, the low maintenance costs and the advantage of requiring no additional installation space will further drive the product demand. Legislation and mandates aimed at boosting green energy adoption coupled with the continuous evolution of innovative clean energy sources, are set to drive the industry demand. Additionally, as stringent mandates for solar PV system installations persist and component costs continue to decline, business expansion is likely to gain momentum.
 

Solar PV Mounting Systems Market Trends

Increasing technological advancements along with growing consumer preference for solar PV systems owing to reduced electricity costs, are bolstering the industry outlook. Supportive government initiatives for solar adoption combined with declining costs of solar PV mounting system components, are poised to drive the market growth. Moreover, rising demand for power coupled with regulations favoring the development of sustainable energy resources is set to augment the product adoption. Furthermore, the growing installation of solar PV projects, coupled with the adoption of advanced technologies, is poised to shape business trends.
 

Solar PV Mounting Systems Market Analysis

Based on technology, the fixed segment is anticipated to cross over USD 46.5 billion by 2034, owing to simplicity, cost-effectiveness, and reliability, particularly in certain applications like residential and commercial rooftop installations, as well as in some ground-mounted setups. In commercial spaces where rooftop area is often constrained, fixed systems provide an efficient and cost-effective solution. Moreover, key factors including simplicity, lower upfront cost, and ease of installation make them ideal for rooftops where space is limited, thereby augmenting the product demand.
 

Based on product, the ground mounted segment is anticipated to grow over 4.5% CAGR through 2034, bolstered by improved energy output, simplified maintenance, and extended panel longevity. Key factors including reduced costs and the accessibility of green loans for ground-mounted systems combined with government regulations like feed-in tariffs and power purchase agreements, are set to further boost the business dynamics. Furthermore, the integration of smart monitoring and control technologies, alongside positive consumer trends, will drive the product adoption.
 

The U.S. solar PV mounting systems market is set to reach more than USD 5.5 billion by 2034. Government initiatives, including investment subsidies and Feed-in Tariffs, combined with increasing financial resources, are set to reshape the industry dynamics. Growing installation of PV solar technology, driven by surging electricity demand, is poised to transform the business landscape. Furthermore, the rise of high-capacity, efficient power production systems, coupled with a heightened consumer emphasis on clean energy adoption, is set to propel the industry growth.
 

Solar PV Mounting Systems Market Share

The competitive landscape in the solar PV mounting systems industry is shaped by several factors, including technological innovation, regional demand, pricing, and supply chain considerations. Several large and small companies dominate the solar PV mounting systems sector, providing a variety of solutions, such as ground-mounted, roof-mounted, and tracking systems. Companies are increasingly offering integrated systems that combine mounting with other hardware such as inverters and monitoring systems, aiming for faster, more streamlined installations.
 

Solar PV Mounting Systems Market Companies

Eminent players operating in the solar PV mounting systems industry are:

• Arctech
• Array Technologies
• Clenergy
• First Solar
• Jinko Solar
• K2 Systems GmbH
• Mounting Systems
• Nextracker Inc
• Schletter Group
• SOLTEC
• SunPower Corporation
• UNIRAC
• Valmont Industries, Inc
• Versolsolar Hangzhou Co., Ltd.
• Xiamen Grace Solar New Energy Technology Co., Ltd.
   

Solar PV Mounting Systems Industry News:

• In May 2023, Gransolar successfully commissioned the Larks Green project, boasting a capacity of 49.9MWac / 71MWdc, in the UK for Enso Energy and Cero Generation. This initiative is set to bolster renewable energy efforts and enhance energy independence, especially in regions where electricity bills have surged threefold over the past two years. Furthermore, the solar power generated is seamlessly integrated into the national transmission grid, ensuring electricity reaches even the most remote areas. Such developments in utility-scale projects are poised to propel industry growth.
   
• In April 2023, Antaisolar collaborated with UOB Thailand to become solar mounting system supplier of UOB’s U-Solar 2.0 program. This program aims to gather end to end support all over the supply chain to thrive solar market across Southeast Asia (SEA). Antaisolar's cumulative solar racking system shipments in SEA have reached 3,080 MW. This initiative and collaborations will enhance the green energy transition while reducing the access cost, thereby it will fuel the product adoption.
   

This solar PV mounting systems market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in “USD Million” from 2021 to 2034, for the following segments:

Click here to Buy Section of this Report

Market, By Technology

• Fixed
• Tracking

Market, By Product

• Ground Mounted
• Rooftop

Market, By End Use

• Residential
• Commercial & Industrial
• Utility

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
  • Mexico 
• Europe
  • Austria
  • Norway
  • Denmark
  • Finland
  • France
  • Germany
  • Italy
  • Switzerland
  • Spain
  • Sweden
  • UK
  • Netherlands
  • Poland
  • Belgium
  • Ireland
  • Baltics
  • Portugal
• Asia Pacific
  • China
  • Australia
  • India
  • Japan
  • South Korea
  • Thailand
  • Philippines
  • Vietnam
  • Malaysia
  • Singapore
• Middle East
  • Israel
  • Saudi Arabia
  • UAE
  • Jordan
  • Oman
  • Kuwait
  • Turkey
• Africa
  • South Africa
  • Egypt
  • Algeria
  • Nigeria
  • Morocco
• Latin America
  • Brazil
  • Chile
  • Argentina
  • Peru