Global Ground Mounted Solar PV Mounting Systems Market to Reach US$44.8 Billion by 2030
The global market for Ground Mounted Solar PV Mounting Systems estimated at US$36.2 Billion in the year 2024, is expected to reach US$44.8 Billion by 2030, growing at a CAGR of 3.6% over the analysis period 2024-2030. Fixed Technology, one of the segments analyzed in the report, is expected to record a 4.4% CAGR and reach US$31.0 Billion by the end of the analysis period. Growth in the Tracking Technology segment is estimated at 2.0% CAGR over the analysis period.
The U.S. Market is Estimated at US$9.9 Billion While China is Forecast to Grow at 6.9% CAGR
The Ground Mounted Solar PV Mounting Systems market in the U.S. is estimated at US$9.9 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$9.1 Billion by the year 2030 trailing a CAGR of 6.9% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.4% and 2.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.1% CAGR.
The rapid expansion of utility-scale solar power is fueling demand for advanced ground-mounted PV mounting systems that enhance structural stability, reduce installation time, and optimize energy output. Mounting systems, including fixed-tilt and tracking systems, play a crucial role in ensuring the long-term durability of solar installations, particularly in regions prone to extreme weather conditions. Innovations in lightweight, corrosion-resistant materials such as aluminum and galvanized steel are improving the longevity and load-bearing capacity of mounting structures. Additionally, prefabricated and modular mounting solutions are reducing labor costs and installation timelines, making large-scale solar projects more cost-effective. While these advancements improve project economics, challenges such as land topography constraints, foundation engineering complexities, and wind load considerations remain critical factors in mounting system selection.
The adoption of solar tracker mounting systems is gaining momentum as developers seek to maximize energy generation from ground-mounted solar PV projects. Single-axis and dual-axis trackers allow panels to follow the sun’s movement throughout the day, increasing energy capture by 15-30% compared to fixed-tilt systems. However, trackers come with higher upfront costs, increased maintenance requirements, and potential mechanical failures, making them less suitable for all installations. Advances in AI-driven tracker optimization and weather-resistant designs are addressing these challenges, improving reliability and reducing operational risks. As tracker costs continue to decline and efficiency gains outweigh initial investment concerns, solar tracking systems are expected to capture a larger share of the ground-mounted PV market, particularly in regions with high solar radiation.
Sustainability considerations are influencing the choice of materials and designs in PV mounting systems, with manufacturers focusing on recyclability, durability, and carbon footprint reduction. The use of eco-friendly coatings, steel with a lower embodied carbon footprint, and reusable mounting structures is gaining attention. Additionally, floating solar mounting systems and agrivoltaic-friendly structures are emerging as sustainable alternatives to conventional land-based solar installations. However, balancing sustainability with cost-effectiveness remains a challenge, as high-quality materials often come with increased costs. As the renewable energy sector pushes for more sustainable supply chains, solar mounting system manufacturers are expected to explore innovative, low-impact designs that align with green energy objectives.
The growth in the ground-mounted solar PV mounting systems market is driven by several factors, including the increasing deployment of utility-scale solar farms, advancements in solar tracking technology, and the push for durable and cost-efficient mounting solutions. The expansion of renewable energy investments, government incentives, and corporate decarbonization commitments are fueling demand for high-quality mounting systems. Additionally, the integration of AI-driven tracker optimization and modular pre-assembled mounting structures is improving project feasibility and reducing installation costs. The growing focus on sustainability and the need for resilient solar infrastructure in extreme climate conditions are further shaping market trends. While challenges such as raw material price volatility and site-specific engineering constraints persist, continuous innovations in solar mounting systems are expected to support the rapid growth of ground-mounted PV installations worldwide.
SCOPE OF STUDY:Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook