North America Ground Mounted Solar PV Mounting Systems Market Size & Share 2024 - 2032
Market Size by Technology (Fixed, Tracking), by Application (Residential, Commercial & Industrial, Utility), Country Outlook & Forecast.
Report ID: GMI8783
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Published Date: April 2024
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Report Format: PDF
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Authors:
Ankit Gupta, Srishti Agarwal
North America Ground Mounted Solar PV Mounting Systems Market Size
North America Ground Mounted Solar PV Mounting Systems Market was valued at USD 3.5 billion in 2023 and is anticipated to grow at a CAGR of 5.6% from 2024 to 2032. Ground-mounted solar PV mounting systems are structures used to securely install solar panels on the ground, typically in open areas including fields, vacant land, or commercial properties. These mounting systems provide a stable foundation for solar panels, allowing them to be angled optimally to capture sunlight for electricity generation. It can vary in design and configuration but generally consist of support structures, such as metal or concrete foundations, racks, and frames, which hold the solar panels in place.
North America Ground Mounted Solar PV Mounting Systems Market Key Takeaways
Market Size & Growth
Key Market Drivers
Challenges
Growing demand for clean and renewable energy sources coupled with declining costs of solar technology will sway the business statistics. Upsurge in advancement of solar technology, manufacturing processes aligned with increasing government incentives, subsidies, and favorable regulatory frameworks will foster the industry dynamics.
North America Ground Mounted Solar PV Mounting Systems Market Trends
Rising installation of solar PV for electricity generation coupled with escalating investments in clean energy infrastructure to build a resilient and sustainable economy will drive the business scenario. Moreover, gaining momentum of decentralized and resilient energy solution in line with expansion of utility scale solar projects will enhance the product demand.
North America Ground Mounted Solar PV Mounting Systems Market Analysis
Based on technology, the tracking segment is projected to surpass USD 3 billion by 2032 owing to their ability to offer improved energy yield, cost effectiveness, and reliability will stimulate the industry landscape. Additionally, modular, and scalable designs along with technological advancements to enhance the efficiency and accuracy of the system will proliferate the product penetration.
Based on end-use, the utility ground mounted solar PV mounting systems market is set to grow at CAGR of more than 5% through 2032. Capability to provide a stable foundation for solar panels and maximizing energy production in conjunction with growing awareness of the environmental and economic benefits of renewable energy sources including solar power will complement the industry scenario. Furthermore, rising investments in grid modernization and resilience initiatives to improve the reliability and stability of the electric grid will drive the business growth.
U.S. ground mounted solar PV mounting systems market is estimated to reach USD 5 billion by 2032. Increasing interest in community solar initiatives, driven by environmental awareness, energy cost savings, and equitable access to renewable energy along with growing research and development initiatives to improve performance will stimulate the product adoption. Projects contributing to the transition to a clean energy future by reducing greenhouse gas emissions, diversifying the energy mix, and promoting energy independence will augment the business landscape.
North America Ground Mounted Solar PV Mounting Systems Market Share
Ameresco, Inc., Arctech, Cantsink, Clenergy, GameChange Solar, Jinko Solar holds majority of the industry share. Larger manufacturers are consolidating the ground-mounted solar PV mounting systems market by acquiring smaller players to broaden their market share and geographic reach. Industry partnerships are enabling the development of integrated solutions, streamlining project development processes, and boosting market competitiveness. Stakeholders' collaborative efforts are propelling innovation, enhancing project economics, and expediting the deployment of utility-scale solar projects equipped will enhance the business trends.
North America Ground Mounted Solar PV Mounting Systems Market Companies
Major players operating in the North America ground mounted solar PV mounting systems industry are:
North America Ground Mounted Solar PV Mounting Systems Industry News
This North America ground mounted solar PV mounting systems market research report includes an in–depth coverage of the industry with estimates & forecast in terms of revenue in ‘USD Billion’ from 2019 to 2032, for the following segments:
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Market, By Technology
Market, By End-Use
The above information has been provided for the following countries:
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. 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. 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. 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. 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. 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. 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
Trust & credibility
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
Every data point in this report is validated through primary interviews, true bottom-up modelling, and rigorous cross-checks. Read about our research process →