Solar PV Mounting Systems Market Size - By Technology (Fixed, Tracking), By Product (Ground Mounted, Roof-Top), By End Use (Residential, Commercial & Industrial, Utility), & Forecast, 2025 - 2034

Solar PV Mounting Systems Market Size

The global solar PV mounting systems market size was valued at USD 44.5 billion in 2024 and is estimated to grow at a CAGR of 4.4% from 2025 to 2034. Growing need for pre-assembled and lightweight PV mounting structures is expected to boost the adoption of solar PV mounting systems. The suppliers are emphasizing corrosion resistance and modularity to increase handling ease and reduce labor intensity. These developments are going to directly impact the rapid growth of the solar PV mounting processes.
 

Increasing solar installations in residential, commercial, and utility areas are anticipated to boost demand for mounting systems. In April 2024, Tata Power Solar commissioned SJVN's 1000 MW solar project in Rajasthan. The project consisted of more than 2.1 million solar modules and will generate approximately 2,500 million units annually. Additionally, the growing deployment of large-scale solar projects will accelerate the adoption of mounting systems.
 

Rising land-use constraints and the need for faster deployment timelines will drive the adoption of efficient and space-optimized solar PV mounting solutions. Growing emphasis on decarbonization and energy security across industrial, commercial, and utility-scale sectors will further influence product integration. Additionally, increasing investment in smart infrastructure and digital monitoring technologies will contribute to enhanced operational efficiency and support long-term market growth.
 

Commissioning large-scale floating solar projects is expected to increase demand for specialized mounting systems. In August 2024, SJVN commissioned a 90 MW floating solar power plant, which is part of India's 600 MW Omkareshwar Floating Solar Power Park. The plant is expected to produce 196.5 million units in the first year and 4,629.3 million units in 25 years. Additionally, such developments are expected to contribute to market growth.
 

Growing solar infrastructure investments, supported by international climate commitments and rising grid decarbonization goals, are expected to influence mounting system demand. Rapid expansion of rooftop and ground-mounted solar projects, combined with favorable policy incentives and financing mechanisms, is projected to foster large-scale adoption of advanced structural systems.
 

Solar PV Mounting Systems Market Trends

• Advancements in flexible and adaptable PV mounting systems will enhance installation efficiency and broaden their applicability across diverse roof structures and challenging terrains. In May 2025, at Intersolar Europe, Clenergy exhibited solutions such as the PV-ezRACK SolarRoof Pro 2.0 for pitched tile roofs, Flat Roof Ascent 1.1 with low-ballast tilt, and the ezTracker D1P single-axis tracker. These innovations will promote wider adoption and support sustained market growth through improved flexibility and durability.
   
• Growing large-scale solar projects and the expansion of solar energy targets across developing and developed nations will foster the demand for advanced PV mounting systems. Increasing investments in utility-scale installations and the push for rapid project deployment timelines are compelling manufacturers to design modular and pre-assembled mounting structures. Moreover, evolving engineering standards and emphasis on structural reliability will support product adoption.
   
• Increasing emphasis on terrain adaptability and project efficiency will stimulate innovation in solar tracker-integrated mounting systems. In July 2024, Soltec launched 4×4 capability for the SFOne tracker, allowing high-performance capability on slopes of up to 15% in either direction and up to 20% on irregular slopes. The solution also allows higher installation speed and cost reductions, adding to the extensive use of next-generation PV mounting systems.
   
• The shift towards automation and digitization of solar installation procedures is projected to work in favor of smart PV mounting system adoption. Prefabricated parts, robot-based production lines, and computer software such as BIM and AI-based optimizers for layout planning are shortening the installation time and labor requirements. Moreover, the growing adoption of scalable and standardized systems in utility and commercial-scale projects will promote market growth.
   

Solar PV Mounting Systems Market Analysis

• The solar PV mounting systems industry was valued at USD 21.8 billion, USD 35.8 billion, and USD 44.5 billion in 2022, 2023, and 2024, respectively. Based on technology, the industry is segmented into fixed and tracking categories.
   
• The fixed segment is expected to expand at a CAGR of 3.8% during 2025 to 2034, driven by structural simplicity, lower installation costs, and suitability for high-wind zones. In September 2024, Clenergy installed its fixed tilt mounting systems at a 32-kW stand-alone solar project in Tasmania, utilizing Mega Anchor supports to withstand a wind speed of 141 km/h. Additionally, low maintenance and cross-module compatibility of fixed systems is expected to support the industry expansion in remote and stand-alone uses.
   
• The tracking segment is estimated to reach more than USD 16.8 billion by 2034 due to growing emphasis on solar plant efficiency and maximizing energy yield. The ability of tracking systems to follow the position of the sun throughout the day leads to far greater power output compared to fixed mounts. In addition, enhanced software control as well as increased deployment in utility-scale applications will supplement solar tracker adoption throughout the market.
   

• Based on product, the solar PV mounting systems market is segmented into ground mounted and rooftop. The ground mounted segment accounted for 63.9 % market share in 2024, owing to its applicability for utility-scale installations and convenience in maintenance. The systems provide greater energy yield due to ideal tilt angles and less shade concern. Additionally, increasing investments in solar farms over open fields is anticipated to supplement industry growth.
   
• The rooftop segment is expected to expand at a CAGR of 5.9% during 2025 to 2034, driven by the growing demand for space-saving and sustainable solar applications in urban areas. In March 2024, K2 Systems introduced the GreenRoof Vento, a green roof PV mounting system, for modules ranging from 1,400 mm to 2,400 mm in length and with an elevation between 10° to 15°. Moreover, the increased use of rooftop PV in green infrastructure projects is expected to accelerate market growth.
   

• The U.S. solar PV mounting systems market was valued at USD 2.3 billion, USD 3.7 billion, and USD 5.7 billion in 2022, 2023, and 2024, respectively. As of 2024, North America holds a market share of 13.3%, which is anticipated to improve further by 2034.
   
• Increasing investments in large solar PV systems will fuel the U.S. solar PV mounting systems market growth. In April 2024, Dominion Energy Virginia got approval for more than 750 MW of new solar capacity, including 4 utility-owned projects totaling 329 MW capacity and 13 PPAs with a total capacity of 435 MW. The projects will supply power to nearly 200,000 homes and create more than 1,600 jobs. Additionally, federal tax incentives and state renewable targets will support the industry expansion.
   
• The European market is estimated to be valued at more than USD 9.8 billion by 2034 due to strategic alliances and the development of solar tracker technology. For instance, in January 2023, Valmont Industries and Convert Italia introduced Valmont Solar, featuring a Convert Single Axis Tracker that increases energy efficiency by 25%. Additionally, EU renewable energy policies will continue to fuel market growth.
   
• The Asia Pacific solar PV mounting systems is expected to grow at a CAGR of 5.1% during 2025 to 2034, due to increased urbanization, rising government requirements for new solar penetration in infrastructure, and reducing installation costs. In addition, rising private sector participation in local solar tenders and focus on local production of PV components will facilitate the widespread use of sophisticated mounting systems in the region.
   

Solar PV Mounting Systems Market Share

• The top five companies operating in the solar PV mounting systems industry include Nextracker, Arctech, Array Technologies, Schletter Group, and Soltec, contributing to nearly 30% market share. Inorganic growth strategies such as joint ventures, co-development of products, and acquisitions to establish solar tracker and racking portfolios will fuel market growth. Industry players also invest in local manufacturing and supply chain localization to minimize lead times and enhance project economics.
   
• Industry stakeholders are focusing R&D spending on light, prefabricated, and flexible mounting systems to minimize installation time and increase structural efficiency. Companies are also seeking strategic alliances with EPCs and developers to establish utility-scale leadership and address diversified rooftop and ground-mount project needs.
   

Solar PV Mounting Systems Market Companies

• Arctech is one of the leaders in solar tracker and racking solutions, In January 2025, it received a 1.5 GW Skyline solar tracker order from PowerChina for Al Ajban Solar PV project in the UAE. The SkyLine II single-axis trackers will power approximately 160,000 homes and reduce annual carbon emissions by 2.4 million tons. The company reported revenue of 13.7 billion in 2024.
   
• Array Technologies is one of the major players in the solar tracking and mounting systems industry. In May 2025, it launched the DuraTrack Hail XP ground-mounted solar tracker. It is designed with a 77-degree tilt to withstand hail impacts, strengthened bearing housing, and a larger gear rack, operating on AC power for dependability. It reported revenue of USD 900 million in 2024.
   

Solar PV Mounting Systems Market Companies

Eminent players operating in the solar PV mounting systems industry are:

• Arctech
• Array Technologies
• Clenergy
• First Solar
• FTC Solar
• GameChange Solar
• Ideematec
• Jinko Solar
• K2 Systems
• Mounting Systems
• Nextracker
• PV Hardware
• Schletter Group
• Soltec
• SunPower Corporation
• Trina Tracker
• Unirac
• Valmont Industries
• Versolsolar Hangzhou
• Xiamen Grace Solar New Energy Technology
   

Solar PV Mounting Systems Industry News:

• In October 2024, Nextracker inaugurated India's first-ever Center for Solar Excellence (CFSE) in Hyderabad, with a 30,000 sq. ft. laboratory, end-to-end solar tracker installation, and training facilities throughout the entire project lifecycle. With 95% localisation and over 5 GW shipped on 35 projects, CFSE aims to improve energy capture and make India's renewable aspirations possible through innovation and local supply chain collaboration.
   
• In May 2023, Gransolar commissioned the Larks Green project of 49.9MWac / 71MWdc in the UK for Cero Generation and Enso Energy. This project will support renewable energy initiatives and improve energy independence, particularly where electricity bills have increased three times in the last two years. Additionally, the solar energy produced is easily incorporated into the national power grid. Such advancements in utility-scale installations are set to drive industry growth.
   
• In April 2023, Antaisolar partnered with UOB Thailand to become UOB's U-Solar 2.0 program solar mounting system supplier. This program aims to gather end-to-end support all over the supply chain to thrive solar market across Southeast Asia (SEA). Antaisolar's cumulative solar racking system shipments in SEA have reached 3,080 MW. This initiative and collaborations will enhance the green energy transition while reducing the access cost, thereby it will fuel the product adoption.
   

This solar PV mounting systems market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in “USD Million” from 2021 to 2034, for the following segments:

Click here to Buy Section of this Report

Market, By Technology

• Fixed
• Tracking

Market, By Product

• Ground Mounted
• Rooftop

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