Authors:
Ankit Gupta, Srishti Agarwal
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Solar PV Mounting Systems Market Size & Share 2026-2035
Report ID: GMI1647
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Published Date: September 2026
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Solar PV Mounting Systems Market
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Solar PV Mounting Systems Market Size
The solar PV mounting systems market was valued at USD 49.7 billion in 2025 and is projected to reach USD 83.2 billion by 2035, expanding at a 5.5% CAGR from 2026 to 2035. Demand is increasingly shaped by project configuration rather than installed capacity alone. Utility-scale projects use higher volumes of ground structures and, where site conditions justify the capital premium, trackers. Global tracker shipments reached 111 GWdc in 2024, up 20% from the prior year, before rising to 134 GWdc in 2025.
Solar PV Mounting Systems Market Key Takeaways
Market Leader: Nextracker led with over 10.5% market share in 2025.
Leading Players: Top 5 players in this market include Nextracker, Arctech Solar, Array Technologies, Schletter Group, Soltec, which collectively held a market share of 40% in 2025.
Solar PV mounting systems comprise fixed-tilt racking, rooftop structures, trackers, foundations, and related hardware that secure and orient modules. Global PV additions reached at least 554 GW in 2024, while cumulative installed capacity exceeded 2.2 TW, creating a substantial installed and annual procurement base for structural hardware.[1]IEA PVPS, Snapshot of Global PV Markets 2025, April 2025, iea-pvps.org Solar PV accounted for nearly all global solar-capacity additions during the year and supplied the largest share of new renewable capacity.[2]
Material and installation economics increasingly determine supplier selection. Galvanized steel remains central to piles, torque tubes, and large ground-mount structures, while aluminum's corrosion resistance and lower weight suit rooftop systems. Structural research points to climate-specific design, digital engineering, and modular configurations as material levers for extending system life and reducing installation effort. As module prices decline, labor, foundations, logistics, and reliability account for a larger portion of project-level cost differentiation.
GMI Analyst View
We estimate the market will expand from USD 49.7 billion in 2025 to USD 83.2 billion by 2035, supported by a deployment base that requires mounting hardware irrespective of module chemistry or financing structure. Record global PV additions establish the volume foundation, but mounting-system value creation will depend on where utility-scale projects use tracker architectures and where rooftop mandates favor fixed systems.
Tracker growth is concentrated in large, high-irradiance markets where energy-yield gains can offset mechanical complexity and incremental capital cost. This shifts competitive advantage toward suppliers able to combine project engineering, bankability, localized fabrication, and installation-efficient designs. Fixed-tilt systems remain indispensable in rooftop and constrained-terrain applications; therefore, the market is not moving toward a single technology standard.
Key Drivers
National solar targets and procurement pipelines
Public targets convert solar ambitions into multi-year equipment demand. China surpassed its 1,200 GW combined wind-and-solar target six years early, with solar capacity exceeding 1 TW.[3]REN21, Global Status Report 2025: Solar PV Chapter, 2025, ren21.net India added 31.9 GW of PV in 2024 and continues to combine utility-scale procurement with rooftop-support programs. In the United States, utility-scale solar installed 40.4 GW in 2024, while the European Union's building and renewable-energy rules continue to support both centralized and distributed solar deployment.[4]SEIA/Wood Mackenzie, Solar Market Insight Report 2024 Year in Review, 2025, seia.org
For mounting-system suppliers, the importance of these targets lies in tender visibility. Long development cycles allow suppliers to qualify foundations, tracker configurations, and corrosion specifications before procurement. They also encourage local production where domestic-content incentives or industrial-policy requirements influence equipment eligibility.
Energy security and electricity-demand growth
Solar deployment has become integral to energy-security policy as well as decarbonization. In the United States, solar and storage represented 84% of new generating capacity added in 2024. Electrification of transport, industrial processes, and data infrastructure is enlarging the power-generation requirement that solar can address, although grid availability remains a decisive constraint in many markets.
The effect on mounting demand is strongest where incremental solar capacity is procured through large projects. These installations require repetitive, high-volume structural packages and favor manufacturers that can coordinate fabrication, delivery sequencing, and field support at project scale.
Fiscal incentives and building regulation
The U.S. investment tax credit framework and domestic-content incentives directly affect mounting procurement because qualifying structural components can improve a project's tax-credit position. The Section 45X manufacturing credit further supports domestic production of eligible solar components. In Europe, Directive (EU) 2024/1275 requires solar-ready design and phases solar-installation obligations across specified building categories, creating a regulatory demand floor for rooftop mounting systems.
These policies alter competition beyond demand volume. A supplier's manufacturing footprint, traceability documentation, and product classification can influence project economics, particularly when developers compare imported hardware against domestically sourced alternatives.
Tracker controls, modularity, and material engineering
Single-axis trackers can improve annual energy yield by 20–35% relative to fixed-tilt systems under suitable site conditions; dual-axis systems can provide higher gains but add complexity. In the U.S. utility-scale market, trackers represented 96% of new capacity installed in 2023. The commercial question is not simply whether trackers raise output, but whether site conditions, wind exposure, terrain, maintenance capacity, and grid-value assumptions support the additional hardware and control system.
Pre-assembled structural components can reduce field installation time by up to 40%, according to PV Hardware. That advantage becomes more valuable where labor scarcity, remote locations, or compressed construction schedules make on-site assembly a material project risk. Modular systems also reduce exposure to late-stage module changes when rail, clamp, or torque-tube designs can accommodate altered module dimensions.
Key Restraints
Key Restraints Reference Table
Solar mounting demand is exposed to the allocation of capital, land, interconnection capacity, and engineering resources across competing energy investments. Wind remains a relevant alternative in high-resource markets, particularly where its generation profile complements solar or transmission capacity is scarce. Wind added 113 GW globally in 2024, compared with 451.9 GW of solar capacity additions.
Grid congestion and curtailment can restrain new solar projects even when solar-resource economics remain favorable. Brazil's solar additions declined in 2025 amid curtailment, grid constraints, and reduced policy support. In such conditions, developers may prioritize storage, transmission, or grid upgrades over incremental PV capacity, postponing associated mounting-system orders.
Distributed solar also competes for household and commercial capital with building-efficiency upgrades, heat pumps, and storage. This matters most in mature European markets, where rooftop economics depend on retail tariffs, self-consumption, permitting, and host-building suitability rather than solely on module prices.
GMI Analyst View
Our analysis indicates that the principal risk to mounting-system demand is not substitution by another mounting technology, but delayed solar construction when grid capacity, financing, or competing renewable investments constrain project execution. Solar's 2024 addition volume was substantially larger than wind's globally, yet local power-system conditions can still redirect capital toward storage and transmission.
Europe illustrates the distinction. Building rules support rooftop solar, but smaller sites, complex terrain, and constrained interconnection economics limit tracker-led utility-scale expansion. Suppliers with rooftop, fixed-ground-mount, and tracker offerings can address this uneven demand profile more effectively than suppliers dependent on a single utility-scale tracker configuration.
Solar PV Mounting Systems Market Segment Analysis
Technology
Fixed mounting systems held 80.3% of market revenue in 2025 and are forecast to grow at a 5.2% CAGR through 2035. Their structural simplicity reduces capital cost and maintenance exposure, while making them suitable for pitched roofs, flat roofs, constrained sites, and many distributed installations. Fixed east-west layouts can also provide dense site utilization and eliminate motors, bearings, controllers, and associated maintenance requirements.[5]Nature Scientific Reports, Experimental Performance Comparison of Fixed and Single-Axis Subfields in a Large-Scale Outdoor Photovoltaic Power Plant, 2026, nature.com
The category's scale reflects its broad applicability rather than a lack of innovation. Lightweight aluminum rooftop structures, ballast solutions, screw-pile ground systems, and digitally engineered steel configurations allow fixed systems to adapt to building-load limits, soil conditions, and local wind or snow requirements.
Tracking systems represented 19.7% of the market in 2025 and are projected to grow at a 6.3% CAGR. The growth differential reflects their concentration in utility-scale projects where yield uplift can improve project economics. India and Saudi Arabia together represented 28 GWdc of tracker demand in 2024, exceeding tracker demand across Europe.
Tracker suppliers must manage a more demanding operational proposition than fixed-rack suppliers. Terrain adaptability, wind-stow logic, row-level controls, and foundation tolerance affect bankability and construction risk. Nextracker reported more than 17 GW of cumulative sales for its terrain-following NX Horizon-XTR system by fiscal 2025.[6]Nextracker, Q4 and Fiscal Year 2025 Financial Results, May 2025, investors.nextracker.com
Ground-mounted systems accounted for 63.9% of market revenue in 2025 and are forecast to expand at a 5.3% CAGR. Utility projects generate recurring demand for steel piles, torque tubes, purlins, tracker drives, and foundations. The 2024 utility-scale deployment mix, which represented about 62% of global PV additions, supports this structural position.
Ground-mount requirements vary sharply by application. Agrivoltaic designs require elevated structures and wider row spacing to preserve agricultural activity, raising engineering complexity and potentially increasing hardware value per installed watt. Schletter supplied systems for the 164 MW Burgenland Energie agrivoltaic project in Austria, demonstrating that this configuration has moved beyond pilot scale.
Product
Rooftop systems held 36.1% of market revenue in 2025 and are anticipated to grow at a 5.7% CAGR. The segment is driven by self-consumption economics, building regulations, and the need for structural solutions that protect roof integrity while managing load, drainage, wind uplift, and installer productivity. Distributed residential, commercial, and industrial systems represented 58% of new EU solar capacity in 2024.
The EU's solar-ready and installation requirements strengthen the addressable market for pitched-roof, flat-roof, and commercial mounting products. Product design is therefore increasingly focused on fewer components, rapid attachment, and compatibility with varied roof surfaces rather than tracker-style yield optimization.
End Use
Residential applications represented 31.2% of market revenue in 2025 and are forecast to grow at a 4.3% CAGR. This segment is dominated by fixed rooftop systems and depends on household economics, installer availability, retail power prices, and rooftop eligibility. India's PM-Surya Ghar program supports residential rooftop installations, including subsidies that can cover up to 60% of system cost for eligible households.
Commercial and industrial applications held 23.1% of revenue in 2025 and are expected to grow at a 4.6% CAGR. These projects are structurally diverse: warehouse roofs, carports, logistics sites, factories, and retail facilities each impose different load, drainage, penetration, and construction constraints. Carport installations use heavier structural systems and can carry higher mounting-hardware value than conventional rooftop arrays.
Utility-scale installations accounted for 45.6% of market revenue in 2025 and are forecast to grow at a 6.6% CAGR. Their growth is tied to project scale, repeatable procurement, and tracker deployment in high-irradiance regions. China's utility-scale projects accounted for more than two-thirds of its 2024 additions, while India's utility-scale solar additions reached 18.5 GW.
GMI Analyst View
Our assessment suggests that the market's fastest-growing revenue pools sit where utility-scale procurement, ground-mounted systems, and tracking overlap. Utility applications are projected to expand at 6.6% CAGR, while tracking grows at 6.3%, compared with 5.2% for fixed systems. These figures point to a favorable mix shift for suppliers able to execute complex, high-volume projects, rather than a displacement of fixed systems.
Rooftop growth remains strategically important because it is supported by building regulation and self-consumption economics. The bifurcation creates two distinct commercial models: utility suppliers compete on yield, civil-design integration, and logistics, whereas rooftop suppliers compete on roof compatibility, installation speed, and compliance with local structural requirements.
Solar PV Mounting Systems Market Regional Analysis
North America
North America accounted for 10.2% of market revenue in 2025 and is projected to grow at a 3.5% CAGR. The United States is the region's principal demand center, with 50 GW of solar capacity installed in 2024 and 40.4 GW of utility-scale capacity additions. Utility projects, particularly in Texas, the Southwest, and the Southeast, favor tracker systems where terrain and irradiance support their yield economics.
Domestic-content incentives are reshaping procurement. Nextracker reported more than 25 U.S. partner factories and the delivery of a 100% domestic-content tracker under Treasury safe-harbor guidance. Array Technologies also positioned domestic-content tracker supply as a strategic priority.[7]Array Technologies, Financial Results Fourth Quarter and Full Year 2024, February 2025, ir.arraytechinc.com Canada's demand is concentrated in rooftop and mid-scale C&I applications, while Mexico's opportunity is linked to corporate procurement and industrial demand, subject to interconnection and regulatory conditions.
Europe
Europe represented 16.1% of market revenue in 2025 but is forecast to grow at only 0.5% CAGR. The European Union added 62.6 GW of solar capacity in 2024, led by Germany, Spain, Italy, France, and Poland. Its mounting demand is more distributed than that of North America, favoring rooftop and fixed-tilt products.
Directive (EU) 2024/1275 creates an enduring building-sector demand mechanism, but permitting, grid congestion, smaller projects, and complex terrain constrain uniform utility-scale tracker adoption. Enstall's January 2025 acquisition of Schletter Group strengthened its ability to address rooftop, ground-mount, carport, and tracker demand through a broader mounting portfolio.
Asia Pacific
Asia Pacific held the largest market share at 63.4% in 2025 and is forecast to grow at a 5.2% CAGR. China's up to 357.3 GW of new solar installations in 2024, nearly 60% of global additions, underpins the region's structural dominance. Its scale supports large procurement volumes for both utility-scale ground mounting and distributed systems.
India is the key incremental growth market. Its 31.9 GW of additions in 2024, utility-scale auction pipeline, and rooftop programs provide demand across trackers, ground structures, and residential racking. Arctech's reported leadership in India, Asia Pacific, and the Middle East reflects the importance of manufacturing reach and project-delivery capability in these fast-growing markets.[8]Arctech, Arctech Secures Global No. 2 in Solar Trackers for Second Consecutive Year, Retains Top Position in EMEA, May 2026, en.arctechsolar.com
Middle East
The Middle East accounted for 4.4% of market revenue in 2025 and is projected to grow at a 2.6% CAGR. Utility-scale projects dominate demand and require configurations suited to high temperature, sand exposure, wind loading, and large project footprints. Tracker shipments across the Middle East and Africa reached 26 GWdc in 2025, up 49% year over year.
Saudi Arabia is the region's largest growth market, adding about 7.8 GW of solar capacity in 2025. Local manufacturing has become a competitive requirement as suppliers seek to reduce logistics cost and meet localization objectives. TrinaTracker opened a 3 GW manufacturing facility in Saudi Arabia in early 2025.
Africa
Africa represented 0.9% of market revenue in 2025 and is forecast to grow at a 38.6% CAGR. The forecast reflects a low installed base and accelerating deployment rather than a mature equipment market. Africa added 4.5 GW of solar capacity in 2025, up 54% year over year, led by South Africa, Nigeria, and Egypt.
The opportunity spans utility-scale projects, commercial systems, and off-grid applications. However, financing costs, grid availability, import logistics, and the absence of broad local structural-hardware manufacturing can delay project conversion. Suppliers that can support smaller order sizes and local distribution may access demand that is not captured by large-project procurement models alone.
Latin America
Latin America held 5.0% of market revenue in 2025 and is projected to grow at a 5.1% CAGR. Brazil remains the largest market, although solar additions slowed in 2025 amid curtailment and grid constraints. Its large distributed-generation base supports rooftop and C&I racking demand, while recovery in utility-scale construction will depend on transmission and market conditions.
Chile remains a key tracker market because its northern solar resource and utility-scale project base favor ground-mounted systems. Wood Mackenzie projects 160 GW of solar additions across South America between 2025 and 2034, with Brazil and Chile accounting for 78% of the total.
GMI Analyst View
In our view, Asia Pacific's 63.4% share establishes the market's volume center, but it does not eliminate regional specialization. China drives scale, India increasingly drives tracker-oriented incremental demand, Europe favors rooftop structures, and the Middle East rewards designs engineered for desert conditions. Each regional demand pool therefore requires a different combination of product architecture, certification, fabrication, and logistics.
Africa's projected 38.6% CAGR presents the most pronounced growth opportunity, although financing and grid constraints will determine the pace at which addressable projects become hardware orders. Suppliers seeking exposure should distinguish between utility-scale tenders and distributed markets; success in one does not automatically translate to the other.
Solar PV Mounting Systems Market Share & Competitive Landscape
The market is moderately concentrated, with Nextracker, Arctech Solar, Array Technologies, Schletter Group, and Soltec collectively holding 40% of market revenue in 2025. Nextracker leads with a 10.5% market share. Tracker competition is more concentrated than rooftop and fixed-rack competition because large utility projects favor suppliers with proven performance, project references, financing acceptance, and the capacity to deliver at scale.
Nextracker reported approximately USD 3.0 billion in fiscal 2025 revenue, up 18% year over year, and USD 776 million in adjusted EBITDA. Its global factory network, domestic-content offering, tracker controls, and terrain-adaptive products support its utility-scale position.
Arctech ranked second globally in tracker shipments and reported 17.41 GWdc of tracker shipments in 2024. Manufacturing investments in Saudi Arabia and Brazil align its supply chain with growth markets where localization and freight economics influence procurement.
Array Technologies reported USD 915.8 million in 2024 revenue, a USD 2.0 billion orderbook, and a 34.1% adjusted gross margin. Its OmniTrack line addresses complex-terrain deployment, an important differentiator where conventional tracker layouts require costly site preparation.
Schletter Group operates across rooftop, ground-mount, carport, and tracker applications. Its acquisition by Enstall in January 2025 broadened the group's geographic and product coverage.
Soltec reported EUR 326.3 million in consolidated 2024 revenue, including EUR 310.5 million from tracker sales, and subsequently repositioned its business around tracker supply.[9]Soltec, 2024 Financial Results, June 2025, soltec.com
FTC Solar competes in the utility-scale tracker segment and reported USD 47.4 million in 2024 revenue, compared with USD 127 million in 2023, highlighting the segment's exposure to volume variability and pricing pressure.
GameChange Solar shipped 13.7 GWdc of trackers in 2024 and operates six U.S. tracker-tube factories with more than 35 GW of combined annual capacity. Its FlexRail product addresses module-dimension changes that can otherwise create field rework costs.
Ideematec focuses on engineered ground-mounted tracking systems for utility-scale and large C&I projects, with an emphasis on complex-terrain performance.
Jinko Solar participates in mounting-system procurement through integrated utility-scale solutions alongside its global module business.
K2 Systems specializes in rooftop mounting products and launched U.S.-manufactured CrossRail and MiniRail products in 2024 to address domestic-content demand.
Mounting Systems supplies rooftop, ground-mount, and carport structures, primarily for European applications requiring certified modular fixed-tilt systems.
PV Hardware operates tracker and structural-hardware manufacturing in Spain, Saudi Arabia, and the United States. It invested EUR 16 million in new facilities at Cheste, Spain, and introduced the Axone Duo Infinity tracker in 2024.
First Solar participates mainly as an integrated utility-scale module and project provider, where module-specific structural design influences mounting-system selection.
Clenergy supplies rooftop, ground-mount, and floating-solar racking. It introduced the ST Ikon modular ground-mount system in 2024 and extended selected EU and UK product warranties to 25 years.
SunPower Corporation historically sourced mounting solutions for U.S. residential and C&I rooftop systems. Its 2024 restructuring and asset sales altered its role in the market.
Trina Tracker supplied more than 35 GW of smart tracking systems across more than 70 countries by the end of 2025 and expanded Saudi manufacturing to support local-content projects.
Unirac supplies U.S.-manufactured rooftop and ground-mount racking and has positioned products around domestic-content eligibility.
Valmont Industries markets the Convert single-axis tracker, leveraging its steel-infrastructure manufacturing capabilities for utility-scale projects.
Versolsolar Hangzhou supplies aluminum and steel rooftop, ground-mount, and carport mounting systems for domestic and international markets.
Xiamen Grace Solar New Energy Technology supplies rooftop, ground-mount, and tracking structures, including aluminum-alloy and carbon-steel systems for international markets.
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