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Ground Mounted Solar PV Module Market Size & Share 2026-2035

Market Size - By Technology (Thin Film, Crystalline Solar), By Product (Monocrystalline, Polycrystalline), By Connectivity (On Grid, Off Grid), and By End Use (Residential, Commercial & Industrial, Utility), Growth Forecast. The market forecasts are provided in terms of revenue (MW) & volume (USD).

Report ID: GMI9829
   |
Published Date: May 2026
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Report Format: PDF

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Ground Mounted Solar PV Module Market Size

The ground mounted solar PV module market size is valued at USD 395.1 billion in 2025. The market is estimated to grow more than USD 412.6 billion in 2026 and is anticipated to grow over USD 809.1 billion by 2035, at a CAGR of 3.5%, according to Global Market Insights. Inc.

Ground Mounted Solar PV Module Market Key Takeaways

Market Size & Growth

  • 2025 Market Size: USD 395.1 Billion
  • 2026 Market Size: USD 412.6 Billion
  • 2035 Forecast Market Size: USD 809.1 Billion
  • CAGR (2026–2035): 3.5%

Regional Dominance

  • Largest Market: Asia Pacific
  • Fastest Growing Region: Latin America

Key Market Drivers

  • Ambitious Solar PV targets.
  • Growing demand for clean energy.
  • Favorable government initiatives and schemes.

Challenges

  • Availability of clean energy alternatives.

Opportunity

  • Utility-scale demand growth from global decarbonization targets.
  • Expansion of solar parks and hybrid renewable energy projects.
  • Declining module costs and technology advancement improving project economics.

Key Players

  • Market Leader: Jinko Solar led with over 16% market share in 2025.
  • Leading Players: Top 5 players in this market include Jinko Solar, LONGi, Trina Solar, JA Solar, Canadian Solar, which collectively held a market share of 59% in 2025.
Get Market Insights & Growth Opportunities

  • Ground-mounted solar PV (photovoltaic) module system- refers to the solar power system where the solar panel is placed on the ground rather than on rooftops or any other above structure. This installation is mainly deployed on the solar farms, big solar power plants or in certain residential and commercial properties where there is availability of space.
  • Supportive renewable energy targets and carbon reduction policy, and the existence of the incentives like the tax credits, subsidies and tariff structures which support large solar installations business. Large-scale solar projects which are boosted by increase in solar panel efficiency and price reduction will lead to market growth.
  • Developments of solar panels with technologies such as bifacial and high efficiency PV cell improve efficiency in the ground-mounted system. For large ground-mounted solar power plants, cost of solar energy per watt will decrease, due to economies of scale. Decrease in the price of the solar panels, inverters, mounting structure will ensure that ground-mounted solar has economic benefit. Stronger adoption in countries with good solar potential will drive the business outlook.
Ground Mounted Solar PV Module Market Research Report
To get key market trends

Ground Mounted Solar PV Module Market Trends

  • Ground-mounted solar systems are increasingly used for rural electrification projects, providing reliable and sustainable energy to off-grid communities. Combining solar PV with battery storage systems to ensure a stable and reliable energy supply coupled with repurposing unusable or contaminated land for solar installations to avoid conflicts with agricultural or residential land use will propel the business statistics. In addition, solar companies enter into strategic partnerships with suppliers and manufacturers to ensure a stable supply chain thereby reducing costs through economies of scale.

Ground Mounted Solar PV Module Market Analysis

Ground Mounted Solar PV Module Market Size, By Connectivity, 2023 – 2035 (USD Billion)

Based on connectivity, the ground mounted solar PV module market is segmented into On grid and Off grid.

  • On Grid is anticipated to grow over USD 161.5 billion by 2035 driven by connection to the utility grid, providing flexibility, reliability, and economic benefits. Improved installation techniques and increased competition among installers have driven down the overall costs of setting up on-grid solar systems, thereby driving the product costs. long-term contracts to solar energy producers, providing payments for the electricity generated and fed into the grid along with Policies that allow consumers to offset their electricity bills by exporting excess solar energy to the grid will boost the market growth.

Ground Mounted Solar PV Module Market Revenue Share, By End Use, 2025

Learn more about the key segments shaping this market

Based on application, the ground mounted solar PV module market is segmented into residential, commercial & industrial and utility.

  • Utility is set to grow at a CAGR of over 2.5% by 2035 owing to increasing popularity of community solar projects and growing utility scale solar farms. Municipalities and local governments are supporting community solar projects to increase access to renewable energy and achieve local sustainability goals. Investing on smart grid technology makes renewable resource integration easier and a well responsive and flexible grid will drive the market outlook. Economies of scale in larger projects will reduce cost per watt of installed capacity enhancing the market landscape.

U.S. Ground Mounted Solar PV Module Market Size, 2023-2035 (USD Billion)

The U.S. ground mounted solar PV module market is anticipated to grow more than USD 43.5 billion by 2035 owing to strong federal and state-level decarbonization policies, including the Inflation Reduction Act (IRA), which provides long-term tax credits and domestic content incentives that significantly improve project economics and encourage large-scale solar deployment.

  • Asia Pacific market is anticipated to grow over USD 385.2 billion by 2035 driven by policies from governments, economic benefits, technological improvements, and high solar potential. renewable energy targets including high share of solar energy in various economies combined with government providing various subsidies, tax rebates, and grants to offset the initial costs of solar systems would promote investment and drive the business scenario. Private enterprises increasingly adopt solar power for sustainability, carbon footprint reduction, and energy cost security will further propel the business landscape.
  • China dominates the solar PV market worldwide owing to increasing support from the government in terms of investments in solar infrastructure. Favorable policies in the country including the feed-in tariff (FiT), tax incentives, and subsidies are driving up the market growth. Furthermore, several large scale ground mounted solar power stations have been built over the years, with special mention to the various solar power stations located in high solar irradiance provinces.

Ground Mounted Solar PV Module Market Share

  • The solar companies form consortiums or joint ventures with research institutes and universities for further developing solar technology through research on new materials and design for efficiency improvement and cost reduction. Government cooperate with private companies for promoting solar energy through financing, subsidies and policy. Some institutions including the International Solar Alliance(ISA) and Solar Energy Industries Association (SEIA) further work with stakeholders on standards and certification for PV products in the market.

Ground Mounted Solar PV Module Market Companies

Eminent players operating in the ground mounted solar PV module industry are:

  • Arctech
  • Canadian Solar
  • CsunSolarTech
  • First Solar
  • GCL System
  • Q Cells
  • Jinko Solar
  • JA SOLAR Technology
  • Jolywood (Suzhou) Sunwatt
  • LONGi Solar
  • Maxeon Solar Technologies
  • Meyer Burger Technology
  • REC Group
  • Risen Energy
  • SOLTEC
  • SunPower Corporation
  • Talesun Solar
  • Trina Solar
  • Vikram Solar
  • Yingli Solar
Ground Mounted Solar PV Module Market Report Attributes
Key TakeawayDetails
Market Size & Growth
Base Year2025
Market Size in 2025USD 395.1 Billion
Market Size in 2026USD 412.6 Billion
Forecast Period 2026-2035 CAGR 3.5%
Market Size in 2035USD 809.1 Billion
Key Market Trends
DriversImpact
Ambitious Solar PV targetsCountries such as China, the United States, India, Germany, and Saudi Arabia have introduced aggressive renewable energy and net-zero emission goals that require rapid expansion of utility-scale solar capacity to meet future electricity demand while reducing dependence on fossil fuels. National energy transition strategies, renewable purchase obligations (RPOs), auction programs, and long-term clean energy roadmaps are encouraging utilities, independent power producers (IPPs), and investors to accelerate large-scale solar installations.
Growing demand for clean energy Rapid industrialization, rising electricity consumption, and increasing electrification of transportation and industrial processes are significantly expanding power demand worldwide, creating the need for scalable and sustainable energy sources. In addition, corporate renewable energy procurement, ESG commitments, and utility decarbonization programs are accelerating investments in utility-scale solar farms across regions such as North America, Europe, China, India, and the Middle East.
Favorable government initiatives and schemesGovernments across major economies are implementing policies such as feed-in tariffs (FiTs), tax incentives, production-linked incentives (PLI), renewable energy auctions, investment subsidies, accelerated depreciation benefits, and long-term power purchase agreements (PPAs) to encourage solar deployment. In addition, national renewable portfolio standards (RPS), net-zero commitments, and green energy transition programs are prompting utilities and independent power producers to expand large ground-mounted solar installations.
Pitfalls & ChallengesImpact
Availability of clean energy alternativesIncreasing availability and competitiveness of alternative clean energy sources, which can reduce the relative share of utility-scale solar in the broader energy mix will lead to market growth. Technologies such as onshore and offshore wind, hydroelectric power, nuclear energy, and rapidly advancing energy storage systems provide viable low-carbon electricity options that often compete directly with large-scale solar projects for land, grid access, and investment capital. Additionally, the rising deployment of distributed energy resources, such as rooftop solar and community solar, can partially offset demand for centralized ground-mounted installations by decentralizing generation closer to end users.
Opportunities:Impact
Utility-scale demand growth from global decarbonization targetsCountries across North America, Europe, Asia-Pacific, and the Middle East are setting ambitious renewable energy targets that require rapid expansion of solar capacity to replace fossil-fuel-based power generation. Ground-mounted solar farms are particularly well-suited to meet these targets due to their ability to deliver gigawatt-scale installations at competitive costs and fast deployment timelines.
Expansion of solar parks and hybrid renewable energy projectsMany countries are creating dedicated renewable energy zones and solar parks to streamline land acquisition, grid connectivity, and infrastructure development, significantly reducing project execution time and cost. Additionally, hybrid projects are gaining traction as they address solar intermittency by integrating storage systems and complementary generation sources, improving grid reliability and capacity utilization.
Declining module costs and technology advancement improving project economicsThe adoption of high-efficiency technologies such as TOPCon, HJT, and bifacial modules is increasing energy yield per project, thereby lowering levelized cost of electricity (LCOE) and improving project returns. These advancements are making ground-mounted solar one of the most cost-competitive sources of new electricity generation globally, often cheaper than fossil fuel alternatives in many regions.
Market Leaders (2025)
Market Leader
  • Jinko Solar

    • 16% market share
Top Players
  • Jinko Solar
  • LONGi
  • Trina Solar
  • JA Solar
  • Canadian Solar

    • Collective market share in 2025 is 59%
Competitive Edge
  • Jinko Solar is one of the leading global producers of solar PV modules, known for its large-scale manufacturing capabilities and strong international presence. The company focuses heavily on high-efficiency technologies, including advanced cell architectures that support commercial and industrial energy needs. Its portfolio is diversified across monocrystalline modules, high-performance series, and solutions designed for large utility projects. With a robust supply chain and a strong emphasis on quality and reliability, it has built a solid customer base across multiple regions.
  • LONGi Green Energy Technology specializes in monocrystalline silicon technology with vertical integration spanning polysilicon, wafer, cell, and module production. The company's global manufacturing capacity exceeds 45 GW annually, with expansion plans targeting 100 GW by 2025. Strategic initiatives include international manufacturing investments in Malaysia, India, and planned US facilities, technology licensing partnerships, and research collaborations for advanced cell architectures.
  • Trina Solar is distinguished by technology leadership and R&D capabilities with its technology roadmap emphasizing heterojunction and perovskite tandem developments, maintaining innovation leadership while scaling commercial production of advanced architectures. The company's Vertex series modules utilize large-format wafers and advanced cell architectures to achieve power outputs exceeding 600 W, reducing balance-of-system costs and installation complexity.

    • JA Solar through its comprehensive product portfolio spans utility-scale, distributed generation, and specialized applications including floating solar and agrivoltaics. The company's DeepBlue series modules utilize half-cut cell technology and multi-busbar designs to achieve efficiency ratings exceeding 21% while reducing hot-spot risks and improving reliability. Its manufacturing capacity exceeds 45 GW globally, with facilities in China, Malaysia, and Vietnam supporting regional market access and supply chain resilience.
    Canadian Solar is distinguished by integrated project development capabilities and global manufacturing footprint spanning Asia, Americas, and planned European production. Canadian Solar's manufacturing innovations include 20% higher ingot utilization and thinner wafers, reducing material consumption and environmental impact. The company's project development portfolio exceeds 1.5 GW under construction globally, providing demand visibility and technology validation for manufacturing operations.
Regional Insights
Largest MarketAsia Pacific
Fastest growing marketLatin America
Emerging countriesU.S., France, Germany, Spain, Brazil, Egypt, South Africa
Future outlook
  • The future outlook for the ground-mounted solar PV module industry remains highly positive, with sustained growth expected through 2030 driven by global decarbonization efforts, energy security concerns, and rising electricity demand. Utility-scale solar is projected to remain the largest segment of solar PV deployment due to its ability to deliver low-cost electricity at gigawatt scale, particularly in regions with abundant land availability such as China, the United States, India, the Middle East, and Latin America.
  • Continued expansion of renewable energy auctions, solar parks, and integrated clean energy corridors will further accelerate installations. Furthermore, improvements in transmission infrastructure and grid interconnection policies are expected to support faster integration of large solar projects into national grids, reinforcing ground-mounted solar as a core pillar of future electricity systems.
  • The industry is anticipated to undergo significant technological and structural transformation, with rapid adoption of high-efficiency module technologies such as TOPCon, HJT, and next-generation tandem solar cells improving energy output and reducing lifecycle costs. Ground-mounted solar projects will increasingly be paired with energy storage systems and hybrid renewable configurations to address intermittency and enhance grid stability, making solar power more dispatchable and reliable
What are the growth opportunities in this market?

Ground Mounted Solar PV Module Industry News

  • In 2025, JinkoSolar is the world’s largest solar module suppliers, shipping over 17 GW in Q1 2025 alone, reinforcing its leadership in utility-scale and ground-mounted solar supply chains.
  • In January 2025, Trina Solar achieved a major technological milestone by setting a new efficiency record of 25.44% for large-area HJT solar modules, certified by Fraunhofer CalLab. This further reinforces the company’s leadership in high-efficiency utility-scale technologies.
  • In March 2024, Trina Solar supplied 210 mm Vertex high-power modules, comprising both Vertex 670W and N 610W for a PV power station in Gobi, northwestern China. The project is set to generate 85.5 million GWh, reducing CO2 emissions by 840,000 tons thereby cutting the need for 250,000 tons of standard coal. Further, the modules are equipped with high power, reliability, efficiency, energy yield, and low LCOE making them ideal for commercial and industrial (C&I), and utility-scale PV projects.
  • In May 2024, First Solar supplied 457 MW of advanced thin film solar modules comprising 287 MW of Series 7 and 170 MW of Series 6 Plus bifacial modules, to power projects in the U.S. this will further support the companies build certainty and resilience in the development pipeline.

The ground mounted solar PV module market research report includes an in-depth coverage of the industry with estimates & forecast in terms of volume and revenue in “(USD Billion & MW)” from 2022 to 2035, for the following segments:

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Market, By Technology

  • Thin Film
    • Cadmium Telluride
    • Amorphous Silicon
    • Copper Indium Gallium Diselenide
  • Crystalline solar

Market, By Product

  • Monocrystalline
    • PERC
    • TopCon
    • HJT
    • IBC/TBC
  • Polycrystalline

Market, By Connectivity

  • On Grid
  • Off Grid

Market, By End Use

  • Residential
  • Commercial & Industrial
  • Utility

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Austria
    • Norway
    • Denmark
    • Finland
    • France
    • Germany
    • Italy
    • Switzerland
    • Spain
    • Sweden
    • UK
    • Netherlands
    • Poland
    • Belgium
    • Ireland
    • Baltics
    • Portugal
  • Asia Pacific
    • China
    • Australia
    • India
    • Japan
    • South Korea
    • Thailand
    • Philippines
    • Vietnam
    • Malaysia
    • Singapore
  • Middle East
    • Israel
    • Saudi Arabia
    • UAE
    • Jordan
    • Oman
    • Kuwait
    • Turkey
  • Africa
    • South Africa
    • Egypt
    • Algeria
    • Nigeria
    • Morocco
  • Latin America
    • Brazil
    • Chile
    • Argentina
    • Peru
Authors:  Ankit Gupta, Srishti Agarwal

Research methodology, data sources & validation process

This report draws on a structured research process built around direct industry conversations, proprietary modelling, and rigorous cross-validation and not just desk research.

Our 6-step research process

  1. 1. Research design & analyst oversight

    At GMI, our research methodology is built on a foundation of human expertise, rigorous validation, and complete transparency. Every insight, trend analysis, and forecast in our reports is developed by experienced analysts who understand the nuances of your market.

    Our approach integrates extensive primary research through direct engagement with industry participants and experts, complemented by comprehensive secondary research from verified global sources. We apply quantified impact analysis to deliver dependable forecasts, while maintaining complete traceability from original data sources to final insights.

  2. 2. Primary research

    Primary research forms the backbone of our methodology, contributing nearly 80% to overall insights. It involves direct engagement with industry participants to ensure accuracy and depth in analysis. Our structured interview program covers regional and global markets, with inputs from C-suite executives, directors, and subject matter experts. These interactions provide strategic, operational, and technical perspectives, enabling well-rounded insights and reliable market forecasts.

  3. 3. Data mining & market analysis

    Data mining is a key part of our research process, contributing nearly 20% to the overall methodology. It involves analysing market structure, identifying industry trends, and assessing macroeconomic factors through revenue share analysis of major players. Relevant data is collected from both paid and unpaid sources to build a reliable database. This information is then integrated to support primary research and market sizing, with validation from key stakeholders such as distributors, manufacturers, and associations.

  4. 4. Market sizing

    Our market sizing is built on a bottom-up approach, starting with company revenue data gathered directly through primary interviews, alongside production volume figures from manufacturers and installation or deployment statistics. These inputs are then pieced together across regional markets to arrive at a global estimate that stays grounded in actual industry activity.

  5. 5. Forecast model & key assumptions

    Every forecast includes explicit documentation of:

    • ✓ Key growth drivers and their assumed impact

    • ✓ Restraining factors and mitigation scenarios

    • ✓ Regulatory assumptions and policy change risk

    • ✓ Technology adoption curve parameter

    • ✓ Macroeconomic assumptions (GDP growth, inflation, currency)

    • ✓ Competitive dynamics and market entry/exit expectations

  6. 6. Validation & quality assurance

    The final stages involve human validation, where domain experts manually review filtered data to identify nuances and contextual errors that automated systems might miss. This expert review adds a critical layer of quality assurance, ensuring data aligns with research objectives and domain-specific standards.

    Our triple-layer validation process ensures maximum data reliability:

    • ✓ Statistical Validation

    • ✓ Expert Validation

    • ✓ Market Reality Check

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Verified data sources

  • Trade publications

    Security & defense sector journals and trade press

  • Industry databases

    Proprietary and third-party market databases

  • Regulatory filings

    Government procurement records and policy documents

  • Academic research

    University studies and specialist institution reports

  • Company reports

    Annual reports, investor presentations, and filings

  • Expert interviews

    C-suite, procurement leads, and technical specialists

  • GMI archive

    13,000+ published studies across 30+ industry verticals

  • Trade data

    Import/export volumes, HS codes, and customs records

Parameters studied & evaluated

  • Macroeconomic factors
  • Microeconomic factors
  • Technology & innovation
  • Regulatory & political environment
  • Demographics
  • Value chain analysis
  • Market dynamics
  • Porter's five forces
  • PESTLE analysis
  • Competitive benchmarking
  • Supply-demand gap analysis
  • Pricing trends
  • SWOT Analysis
  • Mergers & Acquisitions Activity
  • Investment & Funding Landscape
  • Company Profiles

Every data point in this report is validated through primary interviews, true bottom-up modelling, and rigorous cross-checks. Read about our research process →

Frequently Asked Question(FAQ) :
How big is the ground mounted solar pv module market?
The ground mounted solar pv module market size was estimated at USD 395.1 billion in 2025 and is expected to reach USD 412.6 billion in 2026.
What is the 2035 forecast for the ground mounted solar pv module market?
The market is projected to reach USD 809.1 billion by 2035, growing at a CAGR of 3.5% from 2026 to 2035.
Which region dominates the ground mounted solar pv module market?
Asia Pacific currently holds the largest share of the ground mounted solar pv module market in 2025.
Which region is expected to grow the fastest in the ground mounted solar pv module market?
Latin America is projected to be the fastest-growing region during the forecast period.
Who are the major players in ground mounted solar pv module market?
Some of the major players in ground mounted solar pv module market include Jinko Solar, LONGi, Trina Solar, JA Solar, Canadian Solar, which collectively held 59% market share in 2025.
Ground Mounted Solar PV Module Market Scope
  • Ground Mounted Solar PV Module Market Size

  • Ground Mounted Solar PV Module Market Trends

  • Ground Mounted Solar PV Module Market Analysis

  • Ground Mounted Solar PV Module Market Share

Authors:  Ankit Gupta, Srishti Agarwal
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Premium Report Details:

Base Year: 2025

Companies Profiled: 20

Tables & Figures: 50

Countries Covered: 46

Pages: 120

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