Solar PV Mounting Systems Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2021-2031

The Global Solar PV Mounting Systems Market is projected to expand from USD 14.37 Billion in 2025 to USD 23.72 Billion by 2031, reflecting a CAGR of 8.71%. These systems consist of engineered structural frameworks designed to securely attach photovoltaic modules to various surfaces, including ground foundations, rooftops, and building facades. The primary drivers of this growth include a sharp reduction in solar component costs and stringent government mandates aimed at decarbonization and energy security. These regulatory and economic factors foster steady demand for mounting infrastructure across both distributed and utility-scale applications, creating a solid foundation for industry expansion that extends beyond temporary technological trends.

The sector's scale is highlighted by recent deployment figures that directly influence the demand for structural balance-of-system components. SolarPower Europe reported that global solar PV installations hit a record 597 GW in 2024, representing a 33% increase from the previous year. However, despite these impressive volumes, the market encounters significant hurdles due to grid infrastructure limitations. lengthy interconnection queues and capacity constraints threaten to delay project commissioning, thereby hindering the timely installation and delivery of mounting systems in critical regions.

Market Drivers

Favorable regulatory frameworks and renewable energy incentives act as the primary catalysts for the widespread adoption of mounting infrastructure. Governments globally are utilizing tax credits, feed-in tariffs, and auction mechanisms to de-risk solar development, which accelerates the procurement of rooftop racking and ground-mounted systems. These policies not only subsidize initial capital expenditures but also offer long-term visibility for supply chain growth, encouraging developers to commit to large-scale projects. As noted by the Solar Energy Industries Association in the 'US Solar Market Insight Q3 2024' report, the United States solar industry added 75 GW of new capacity to the grid within two years of the Inflation Reduction Act's passage, demonstrating the strong link between legislative support and infrastructure deployment.

Market growth is further propelled by escalating investments in utility-scale solar infrastructure, which drives demand for advanced tracking systems and durable ground-mounted structures. As energy conglomerates and financial institutions focus on large-scale decarbonization assets, capital flows are increasingly directed toward gigawatt-scale solar farms requiring massive volumes of aluminum and steel components. The International Energy Agency's 'World Energy Investment 2024' report projected that global solar PV investment would exceed USD 500 billion in 2024, surpassing the combined investment in all other electricity generation sources. This funding surge supports substantial regional activity; for instance, the National Energy Administration of China reported that the country added approximately 102.5 GW of new solar capacity in the first half of 2024 alone.

Market Challenges

Limitations in grid infrastructure serve as a critical choke point for the global mounting systems market, effectively stalling the conversion of project pipelines into realized revenue. Although the economic environment supports solar adoption, the physical installation of mounting structures is strictly dependent on projects securing grid interconnection. When developers encounter extended approval wait times, the construction phase - where tracking and racking systems are procured and installed - is indefinitely postponed. This delay disrupts the supply chain, compelling manufacturers to manage inventory pile-ups and uncertain delivery schedules rather than fulfilling firm orders.

The scale of this bottleneck significantly restricts potential market volume. According to the International Energy Agency, more than 3,000 GW of renewable power projects were stuck in grid connection queues globally in 2024. This accumulation of stalled capacity implies that a vast amount of planned solar infrastructure is trapped in administrative limbo. For the mounting systems industry, this backlog represents gigawatts of structural hardware that cannot be deployed, directly curbing shipment growth and preventing the market from achieving the expansion rates suggested by developer interest.

Market Trends

The increasing adoption of single-axis and dual-axis tracking systems is fundamentally reshaping the mounting sector as developers aim to maximize energy yield from utility-scale assets. Unlike fixed-tilt systems, trackers dynamically adjust module orientation to follow the sun, significantly enhancing power generation density and improving the levelized cost of electricity (LCOE). This technological shift drives demand for advanced electromechanical mounting solutions that integrate intelligent software to optimize row spacing and mitigate shading, replacing static structures in high-irradiance regions. This momentum is evident in Nextracker's November 2024 'Q2 FY2025 Financial Results' press release, which reported a record backlog of USD 4.5 billion, underscoring the accelerating global transition toward active tracking infrastructure.

The expansion of Floating Solar Photovoltaic (FPV) mounting structures represents a crucial market evolution, addressing land scarcity by utilizing water bodies for energy generation. This application necessitates specialized buoyant mounting systems anchored with robust mooring lines, designed to withstand wave motion, humidity, and varying water levels while inhibiting algae growth and reducing evaporation. The deployment of these hydromechanical structures is scaling rapidly in countries with limited arable land or high population density. For example, Tata Power announced in a November 2024 press release the commissioning of the Omkareshwar Floating Solar Project in Madhya Pradesh, a 126 MW facility utilizing complex floating platforms to support over 213,000 bifacial modules.

Key Players Profiled in the Solar PV Mounting Systems Market

• Schletter Group
• K2 Systems GmbH
• Esdec Solar Group B.V.
• Clenergy International (UK) Ltd.
• BayWa r.e. AG
• SunPower Corporation
• First Solar Inc.
• Tesla Inc.
• Trina Solar Co., Ltd.
• Unirac Inc.

Report Scope

In this report, the Global Solar PV Mounting Systems Market has been segmented into the following categories:

Solar PV Mounting Systems Market, by Product:

• Rooftop
• Ground Mounted

Solar PV Mounting Systems Market, by Technology:

• Fixed
• Tracking

Solar PV Mounting Systems Market, by Component:

• PV Modules [Panels]
• Inverters
• Racking
• Batteries
• Others

Solar PV Mounting Systems Market, by End-User:

• Residential
• Commercial
• Industrial

Solar PV Mounting Systems Market, by Region:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Solar PV Mounting Systems Market.

Available Customization

The analyst offers customization according to your specific needs. The following customization options are available for the report:

• Detailed analysis and profiling of additional market players (up to five).

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