Solar PV Mounting Systems
Market Size & Share, Forecast 2034

The Global Solar
PV Mounting Systems Market was valued at USD 44.5
billion in 2024 and is estimated to grow at a CAGR of 4.4% to reach USD 68.2
billion by 2034. The growing demand for lightweight and pre-assembled mounting
structures is significantly enhancing product adoption, especially as manufacturers
focus on improving corrosion resistance and ensuring modular design. These
innovations make transportation and installation more efficient, thereby
reducing labor costs and increasing adoption across large-scale solar
deployments.

Rising limitations in
available land and the push for faster implementation timelines are fueling the
need for space-efficient, adaptable mounting solutions. Strong momentum around
decarbonization and energy independence, especially in commercial and utility
sectors, continues to drive structural integration of solar PV systems.
Increased investments in intelligent infrastructure and digital energy
management systems are further accelerating market development. The momentum
behind floating solar installations, supported by climate-driven global funding
and favorable policy frameworks, is also contributing to the growing need for
advanced and highly specialized mounting technologies.

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The tracking systems segment
is anticipated to reach USD 16.8 billion by 2034 as more utility-scale projects
adopt these systems to maximize solar exposure and improve output. Their
ability to align with the sun's path throughout the day results in significantly
higher energy generation compared to fixed alternatives. Advanced
software-driven control systems and growing integration across grid-scale
installations are solidifying their market position.

Ground-mounted solutions
captured a 63.9% share in 2024 due to their scalability and ease of
maintenance. Their ability to deliver improved energy performance through
optimal tilt configurations and reduced shading influence has made them a
preferred option for solar farms and utility applications. Expanding solar
infrastructure across undeveloped land further supports segmental expansion.

Asia Pacific Solar PV
Mounting Systems Market is forecasted to register a CAGR of 5.1% between 2025
and 2034, with growing urbanization, favorable government targets for renewable
energy adoption, and declining installation costs driving regional demand.
Increasing involvement from private firms in solar project tenders, coupled
with a shift toward local production of mounting components, will help
streamline deployment and promote broader market penetration.

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Key companies active in the
Global Solar PV Mounting Systems Market include FTC Solar, First Solar,
GameChange Solar, Mounting Systems, Jinko Solar, Trina Tracker, Arctech,
Soltec, Clenergy, PV Hardware, SunPower Corporation, Valmont Industries, Xiamen
Grace Solar New Energy Technology, Unirac, Schletter Group, Versolsolar
Hangzhou, Ideematec, K2 Systems, Array Technologies, and Nextracker. Leading
players in the solar PV mounting systems industry are adopting several
strategic initiatives to expand market reach and strengthen their competitive
edge. A primary focus is on technological innovation-developing lighter, more
modular systems with higher corrosion resistance and compatibility with both
rooftop and floating solar installations. Companies are investing in digital
platforms that provide real-time monitoring, predictive maintenance, and
automated alignment to optimize energy generation. Regional expansion through
partnerships, joint ventures, and local manufacturing facilities is enabling
access to high-growth markets. Additionally, players are aligning with national
and international sustainability goals by offering low-carbon, recyclable
mounting materials.

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