The global Solar Rack market size is predicted to grow from US$ 8656 million in 2025 to US$ 16830 million in 2031; it is expected to grow at a CAGR of 11.7% from 2025 to 2031.
Solar Rack has been developed as a universal framed PV module mounting system for open space ground installations,enables to meet the practical requirement of each kind of field installation by connecting several units together easy and quickly. It used for installation of frame solar panel, frameless solar panel and large-scale power station with cheap cost, quick installation, stable ability and strong resistance of wind.
The global solar rack market refers to the industry involved in the manufacturing and supply of solar mounting systems or racks used for solar panel installations. Here are some key points about the global solar rack market:
Solar Power Growth: The market for solar racks is driven by the increasing installation of solar PV systems worldwide. Factors such as declining solar panel costs, government incentives, favorable policies, and growing awareness of environmental sustainability are driving the demand for solar energy. As a result, the need for reliable and efficient solar rack systems to support the panels is also increasing.
Mounting System Types: The global solar rack market offers various mounting system types to accommodate different installation scenarios. These include fixed-tilt racks, adjustable tilt racks, pole-mounted racks, rooftop ballasted racks, and tracking systems. Each type provides specific features, adjustability options, and benefits based on factors such as site location, available space, and energy requirements.
Material Types: Solar racks are usually made from materials like aluminum, steel, or composite materials. Aluminum racks are lightweight, corrosion-resistant, and commonly used for residential and commercial rooftop installations. Steel racks provide higher strength and durability, making them suitable for ground-mounted systems and utility-scale projects.
Regional Market Dynamics: The global solar rack market is geographically diverse, with significant market presence in regions such as North America, Europe, Asia Pacific, and Latin America. Factors like solar energy policies, government incentives, solar resource potential, and the growth of the renewable energy sector influence the regional market dynamics.
Technological Advancements: The solar rack industry is witnessing continuous technological advancements aimed at improving installation efficiency, ease of use, and cost-effectiveness. Innovations include pre-assembled rack components, integrated cable management systems, smart mounting systems with sensors for monitoring and optimization, and advanced tracking systems to increase energy production.
Competitive Landscape: The global solar rack market is highly competitive, with numerous companies operating in the industry. Some prominent players in the market include Unirac Inc., Schletter Group, RBI Solar Inc., Mounting Systems GmbH, and Renusol GmbH. These companies offer a wide range of solar racking solutions tailored to the specific needs of residential, commercial, and utility-scale solar installations.
The global solar rack market is witnessing steady growth driven by the increasing demand for solar energy and the need for reliable, efficient, and cost-effective mounting solutions. The industry aims to continually innovate and improve solar rack systems to support the expanding solar PV market and contribute to the global transition towards renewable energy.
LP Information, Inc. (LPI) ' newest research report, the “Solar Rack Industry Forecast” looks at past sales and reviews total world Solar Rack sales in 2024, providing a comprehensive analysis by region and market sector of projected Solar Rack sales for 2025 through 2031. With Solar Rack sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Solar Rack industry.
This Insight Report provides a comprehensive analysis of the global Solar Rack landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Solar Rack portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Solar Rack market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Solar Rack and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Solar Rack.
This report presents a comprehensive overview, market shares, and growth opportunities of Solar Rack market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Aluminum Alloy
Stainless Steel
Galvanized Square Steel
Others
Segmentation by Application:
Private House
Factories
Commercial Buildings
Outdoor
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Unirac Inc
Schletter Group
RBI Solar Inc
Mounting Systems GmbH
Renusol GmbH
STARWIN SOLAR
BlueSun, Inc
Relko Enerji
Solaracks
Sinpo Metal Co
Junsin Industrial Co
Ever Faith Industry Co
Sunforson
DongShuo New Energy Co
XIAMEN UNIVERSE NEW ENERGY CO
Key Questions Addressed in this Report
What is the 10-year outlook for the global Solar Rack market?
What factors are driving Solar Rack market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Solar Rack market opportunities vary by end market size?
How does Solar Rack break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook