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Solar PV Mounting Systems Market Share

Report ID: GMI1647
Published Date: Nov 2024
Report Format: PDF

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Solar PV Mounting Systems Market Share

Solar PV Mounting Systems Company 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.

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The global market for solar PV mounting systems was reached USD 38.4 billion in 2024 and is estimated to grow at a 4.9% CAGR from 2025 to 2034, driven by rising demand for alternatives to conventional energy.

The fixed segment is anticipated to exceed USD 46.5 billion by 2034, due to its simplicity, cost-effectiveness, and reliability, particularly in residential and commercial rooftop installations.

The ground-mounted segment is expected to grow at over 4.5% CAGR through 2034, supported by enhanced energy output, easier maintenance, and longer panel lifespan.

The U.S. solar PV mounting systems market is projected to surpass USD 5.5 billion by 2034, led by government initiatives, investment subsidies, and increasing financial resources.

Key players in the industry include 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., and Xiamen Grace Solar New Energy Technology Co., Ltd.