PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1924878
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1924878
According to SPER Market Research, the Global Fixed Solar PV Mounting Systems Market is estimated to reach USD 47.90 billion by 2034 with a CAGR 4.55%.
Introduction and Overview
The report includes an in-depth analysis of the Global Fixed Solar PV Mounting Systems Market, including market size and trends, product mix, Applications, and supplier analysis.
The Fixed Solar PV Mounting Systems Market was valued at USD 30.7 billion in 2024 and is projected to grow at a CAGR of about 47.90% from 2025 to 2034. This growth is supported by falling costs of solar panels and related components, which make solar installations more affordable globally. The market expansion is strengthened by stringent targets for solar PV system installations, favorable clean energy directives, and the rising number of distributed and off-grid solar deployments. These fixed mounting systems help secure PV modules for efficient energy generation in residential, commercial, and utility settings. Increasing emphasis on renewable energy transitions and supportive government incentives are further boosting adoption. However, the availability of alternative technologies continues to pose competitive challenges.
By Product:
By product, ground-mounted systems represent the largest share of market value in the fixed solar PV mounting systems market. These systems are widely deployed in large utility-scale solar farms and commercial projects due to their structural flexibility and ability to support optimal panel orientation. Ground-mounted solutions allow easier installation, scalability, and maintenance compared to rooftop systems, especially in open-land projects. They also enable higher energy generation efficiency by accommodating ideal tilt and alignment. Growing investments in large solar parks and renewable energy infrastructure continue to support strong demand for ground-mounted fixed PV mounting systems across both developed and emerging markets.
By End Use:
By end use, the utility segment accounts for the highest level of deployment in the fixed solar PV mounting systems market. Utility-scale solar projects require extensive and durable mounting structures to support large numbers of photovoltaic panels over vast land areas. Fixed mounting systems are preferred for their cost-effectiveness, long service life, and low maintenance requirements. Government-backed renewable energy targets, national solar missions, and private sector investments in large power generation facilities are driving adoption within this segment. As countries continue to expand grid-connected solar capacity, demand from the utility segment remains a key contributor to overall market growth.
Regional Insights:
The fixed solar PV mounting systems market shows strong regional variation based on renewable energy policies and solar deployment levels. North America, led by the U.S., Canada, and Mexico, benefits from large utility-scale solar projects and supportive government incentives. Europe, including Germany, France, Italy, the UK, Spain, Switzerland, and the Nordics, is driven by ambitious decarbonization targets and widespread adoption of rooftop and ground-mounted solar systems. Asia Pacific, with China, India, Japan, South Korea, and Australia, represents a major growth region due to rapid solar capacity additions and declining installation costs. The Middle East, Africa, and Latin America are gaining momentum supported by high solar irradiance, large-scale solar parks, and increasing clean energy investments.
Market Competitive Landscape:
The Fixed Solar PV Mounting Systems Market is highly consolidated. Some of the market key players are Aerocompact, Arctech, Clenergy, Convert Italia SPA, Esdec, K2 Systems GmbH, Mounting Systems, Schletter Group, UNIRAC, Versolsolar Hangzhou Co., Ltd., Xiamen Grace Solar New Energy Technology Co., Ltd.
Recent Developments:
In June 2024, Valmont Solar, introduced the Convert Versa Tracker, a single- axis shadowing device that doesn't bear welding. The shamus, to be used with both single- string and multi-string setups, is anticipated to be launched in Europe by early 2025, feeding to both large- scale and scattered solar installations.
Arctech made its first solar raging and tracking design in Saudi Arabia in April 2023 when it handed a 1.5 GW SkyLine II solar shadowing system for the ASB design in Jeddah. In line with Saudi Arabia's" Vision 2030" ideal to induce 50 of its energy from renewable sources by 2030, this design is the biggest solar factory presently being erected in the Middle East.
In February 2023, FTC Solar, Inc. and Taihua New Energy formed Alpha Steel LLC, a common adventure to manufacture solar trackers, with the end of producing sword factors for large- scale solar systems, similar as necklace tubes. This agreement expanded the U.S. solar request and
Scope of the report:
Report Metric Details
Market size available for years 2025-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Product, By End Use
Regions covered North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered Aerocompact, Arctech, Clenergy, Convert Italia SPA, Esdec, K2 Systems GmbH, Mounting Systems, Schletter Group, UNIRAC, Versolsolar Hangzhou Co., Ltd., Xiamen Grace Solar New Energy Technology Co., Ltd.
Key Topics Covered in the Report
Global Fixed Solar PV Mounting Systems Market Size (FY'2021-FY'2034)
Overview of Global Fixed Solar PV Mounting Systems Market
Segmentation of Global Fixed Solar PV Mounting Systems Market by Product (Ground Mounted, Rooftop)
Segmentation of Global Fixed Solar PV Mounting Systems Market by End Use (Residential, Commercial & Industrial, Utility)
Statistical Snap of Global Fixed Solar PV Mounting Systems Market
Expansion Analysis of Global Fixed Solar PV Mounting Systems Market
Problems and Obstacles in Global Fixed Solar PV Mounting Systems Market
Competitive Landscape in the Global Fixed Solar PV Mounting Systems Market
Details on Current Investment in Global Fixed Solar PV Mounting Systems Market
Competitive Analysis of Global Fixed Solar PV Mounting Systems Market
Prominent Players in the Global Fixed Solar PV Mounting Systems Market
SWOT Analysis of Global Fixed Solar PV Mounting Systems Market
Global Fixed Solar PV Mounting Systems Market Future Outlook and Projections (FY'2025-FY'2034)
Recommendations from Analyst