As per Intent Market Research, the Fixed Solar PV Mounting Systems Market was valued at USD 4.8 Billion in 2023 and will surpass USD 10.9 Billion by 2030; growing at a CAGR of 12.3% during 2024 - 2030.
The fixed solar PV mounting systems market is a critical component of the solar energy industry, providing the necessary infrastructure to support solar panels in a stable and durable manner. These systems are designed to secure photovoltaic (PV) modules to the ground or rooftops, ensuring optimal performance by maintaining the correct angle and alignment to capture sunlight. With the rapid adoption of renewable energy across the globe, the demand for reliable and cost-efficient mounting systems has seen significant growth. The market is driven by the expansion of solar power generation in both residential and commercial sectors, as well as by the growing need for utility-scale solar farms to meet increasing energy demands sustainably.
As the fixed solar PV mounting systems market continues to evolve, different types, materials, and end-use industries play vital roles in shaping its dynamics. Below, we explore the largest or fastest-growing subsegment in each of these categories to understand the market trends and growth drivers.
Fixed-Tilt Mounting Systems Type is Largest Owing to Cost-Effectiveness and Ease of Installation
Fixed-tilt mounting systems are the largest subsegment in the fixed solar PV mounting systems market, primarily due to their cost-effectiveness and ease of installation. These systems are characterized by a fixed tilt angle, typically aligned with the geographical location's optimal angle for capturing solar energy. Their simplicity and relatively low installation costs make them highly attractive for both residential and utility-scale solar projects. Additionally, fixed-tilt systems require minimal maintenance, further increasing their appeal to commercial and industrial customers.
The widespread adoption of fixed-tilt systems is also attributed to the growing preference for low-maintenance, reliable solar solutions. These systems are particularly suitable for large-scale installations, including solar farms and industrial applications, where cost efficiency and scalability are key considerations. As a result, fixed-tilt mounting systems continue to dominate the market, offering an affordable and straightforward solution for solar energy generation.
Aluminum Fixed Mounting Systems Material is Largest Owing to Durability and Lightweight Design
Aluminum fixed mounting systems are the largest subsegment within the material category, owing to their durability, lightweight design, and resistance to corrosion. Aluminum offers a significant advantage over other materials due to its ability to withstand harsh weather conditions without corroding or deteriorating. This makes aluminum fixed mounting systems particularly suitable for regions with extreme climates, such as coastal or desert areas, where salt and humidity could degrade other materials like steel. Additionally, aluminum’s lightweight nature makes it easier to transport and install, reducing overall installation costs.
Aluminum is also highly recyclable, adding to its appeal as an environmentally friendly material for solar mounting systems. The growing focus on sustainability in the solar industry has further propelled the adoption of aluminum, making it the preferred choice for both residential and commercial solar installations. As demand for solar energy continues to rise globally, the use of aluminum in fixed mounting systems is expected to remain dominant, driven by its performance and sustainability benefits.
Utility-Scale End-Use Industry is Fastest Growing Owing to Rising Demand for Large-Scale Solar Farms
The utility-scale end-use industry is the fastest-growing subsegment in the fixed solar PV mounting systems market, driven by the increasing need for large-scale solar farms to meet the global demand for clean energy. Utility-scale solar installations typically require large areas of land to deploy numerous solar panels, making the choice of an efficient and cost-effective mounting system crucial for the success of these projects. Fixed mounting systems, particularly those that are designed for large land areas, offer the stability and durability needed for utility-scale projects, where maximizing energy output and minimizing operational costs are key priorities.
The growth of utility-scale solar projects is closely tied to government policies, incentives, and the drive toward reducing carbon emissions. As countries and regions set ambitious renewable energy targets, utility-scale solar farms are emerging as a primary method of generating large amounts of clean energy. The rise in solar capacity expansion worldwide ensures that utility-scale solar projects will continue to be a significant driver for the demand for fixed solar PV mounting systems in the coming years.
Asia Pacific is Largest Region Owing to Rapid Expansion of Solar Energy Infrastructure
Asia Pacific is the largest region in the fixed solar PV mounting systems market, driven by the rapid expansion of solar energy infrastructure, particularly in countries like China, India, and Japan. China is the world’s largest producer of solar panels and continues to lead the way in solar installations, both at residential and utility scales. India, with its vast potential for solar energy generation, is witnessing rapid growth in solar projects, further fueling the demand for solar mounting systems. Japan also plays a significant role, with a strong focus on renewable energy as part of its energy transition strategy.
In addition to the expansion of solar energy capacity, the region benefits from strong government incentives and policies that encourage the adoption of solar technologies. As Asia Pacific continues to invest heavily in clean energy solutions, the demand for fixed solar PV mounting systems is expected to grow, solidifying the region’s position as the largest market for these systems. The combination of supportive government policies and the region’s significant solar energy potential positions Asia Pacific for sustained growth in the fixed solar PV mounting systems market.
Competitive Landscape and Leading Companies
The fixed solar PV mounting systems market is highly competitive, with several leading companies dominating the landscape through innovative products and expansive distribution networks. Prominent players such as First Solar, Schletter Group, Unirac, and Risen Energy are at the forefront of developing efficient, durable, and cost-effective solar mounting solutions. These companies have expanded their product portfolios to include advanced technologies like adjustable tilt systems, as well as enhanced materials such as aluminum and corrosion-resistant steel, to meet the diverse needs of the solar energy industry.
The market is also witnessing strategic partnerships, collaborations, and acquisitions as companies seek to expand their presence in emerging markets and strengthen their technological capabilities. As the demand for renewable energy surges globally, the competition in the fixed solar PV mounting systems market is expected to intensify, driving further innovation and the development of more efficient and sustainable solutions. Leading companies will continue to differentiate themselves through product quality, cost competitiveness, and the ability to offer tailored solutions for various solar applications.
List of Leading Companies:
- BayWa r.e. Renewable Energy GmbH
- Canadian Solar Inc.
- First Solar, Inc.
- Fronius International GmbH
- GCL-Poly Energy Holdings Limited
- Hanwha Q CELLS USA
- Ja Solar Technology Co., Ltd.
- Longi Solar
- ReneSola Ltd.
- Risen Energy Co., Ltd.
- Schletter GmbH
- SMA Solar Technology AG
- SolarWorld AG
- Suntech Power Holdings Co., Ltd.
- Trina Solar Limited
Recent Developments:
- SMA Solar Technology AG launched a new series of fixed solar PV mounting systems designed for both residential and commercial rooftops, improving installation speed and reducing costs.
- Trina Solar Limited expanded its product offering by introducing innovative ground-mounted fixed tilt racking systems, designed for large-scale solar farms.
- First Solar, Inc. entered a strategic partnership with a leading solar panel manufacturer to co-develop next-generation fixed solar PV mounting solutions for utility-scale projects.
- Canadian Solar Inc. unveiled a new range of aluminum-based mounting systems, designed to increase the efficiency of solar installations in diverse climates.
- Hanwha Q CELLS USA announced the expansion of its fixed PV mounting systems portfolio, focusing on sustainable and efficient energy solutions for residential applications.
Report Scope:
Report Features |
Description |
Market Size (2023) |
USD 4.8 Billion |
Forecasted Value (2030) |
USD 10.9 Billion |
CAGR (2024 – 2030) |
12.3% |
Base Year for Estimation |
2023 |
Historic Year |
2022 |
Forecast Period |
2024 – 2030 |
Report Coverage |
Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments |
Segments Covered |
Fixed Solar PV Mounting Systems Market by Type (Fixed-Tilt Mounting Systems, Ground Mounted Fixed Systems, Roof Mounted Fixed Systems), by Material (Aluminum Fixed Mounting Systems, Steel Fixed Mounting Systems, Concrete Fixed Mounting Systems), by End-Use Industry (Residential, Commercial, Industrial, Utility Scale) |
Regional Analysis |
North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa) |
Major Companies |
BayWa r.e. Renewable Energy GmbH, Canadian Solar Inc., First Solar, Inc., Fronius International GmbH, GCL-Poly Energy Holdings Limited, Hanwha Q CELLS USA, Longi Solar, ReneSola Ltd., Risen Energy Co., Ltd., Schletter GmbH, SMA Solar Technology AG, SolarWorld AG, Trina Solar Limited |
Customization Scope |
Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements |
1. Introduction |
1.1. Market Definition |
1.2. Scope of the Study |
1.3. Research Assumptions |
1.4. Study Limitations |
2. Research Methodology |
2.1. Research Approach |
2.1.1. Top-Down Method |
2.1.2. Bottom-Up Method |
2.1.3. Factor Impact Analysis |
2.2. Insights & Data Collection Process |
2.2.1. Secondary Research |
2.2.2. Primary Research |
2.3. Data Mining Process |
2.3.1. Data Analysis |
2.3.2. Data Validation and Revalidation |
2.3.3. Data Triangulation |
3. Executive Summary |
3.1. Major Markets & Segments |
3.2. Highest Growing Regions and Respective Countries |
3.3. Impact of Growth Drivers & Inhibitors |
3.4. Regulatory Overview by Country |
4. Fixed Solar PV Mounting Systems Market, by Type (Market Size & Forecast: USD Million, 2022 – 2030) |
4.1. Fixed-Tilt Mounting Systems |
4.2. Ground Mounted Fixed Systems |
4.3. Roof Mounted Fixed Systems |
5. Fixed Solar PV Mounting Systems Market, by Material (Market Size & Forecast: USD Million, 2022 – 2030) |
5.1. Aluminum Fixed Mounting Systems |
5.2. Steel Fixed Mounting Systems |
5.3. Concrete Fixed Mounting Systems |
6. Fixed Solar PV Mounting Systems Market, by End-Use Industry (Market Size & Forecast: USD Million, 2022 – 2030) |
6.1. Residential |
6.2. Commercial |
6.3. Industrial |
6.4. Utility Scale |
7. Regional Analysis (Market Size & Forecast: USD Million, 2022 – 2030) |
7.1. Regional Overview |
7.2. North America |
7.2.1. Regional Trends & Growth Drivers |
7.2.2. Barriers & Challenges |
7.2.3. Opportunities |
7.2.4. Factor Impact Analysis |
7.2.5. Technology Trends |
7.2.6. North America Fixed Solar PV Mounting Systems Market, by Type |
7.2.7. North America Fixed Solar PV Mounting Systems Market, by Material |
7.2.8. North America Fixed Solar PV Mounting Systems Market, by End-Use Industry |
7.2.9. By Country |
7.2.9.1. US |
7.2.9.1.1. US Fixed Solar PV Mounting Systems Market, by Type |
7.2.9.1.2. US Fixed Solar PV Mounting Systems Market, by Material |
7.2.9.1.3. US Fixed Solar PV Mounting Systems Market, by End-Use Industry |
7.2.9.2. Canada |
7.2.9.3. Mexico |
*Similar segmentation will be provided for each region and country |
7.3. Europe |
7.4. Asia-Pacific |
7.5. Latin America |
7.6. Middle East & Africa |
8. Competitive Landscape |
8.1. Overview of the Key Players |
8.2. Competitive Ecosystem |
8.2.1. Level of Fragmentation |
8.2.2. Market Consolidation |
8.2.3. Product Innovation |
8.3. Company Share Analysis |
8.4. Company Benchmarking Matrix |
8.4.1. Strategic Overview |
8.4.2. Product Innovations |
8.5. Start-up Ecosystem |
8.6. Strategic Competitive Insights/ Customer Imperatives |
8.7. ESG Matrix/ Sustainability Matrix |
8.8. Manufacturing Network |
8.8.1. Locations |
8.8.2. Supply Chain and Logistics |
8.8.3. Product Flexibility/Customization |
8.8.4. Digital Transformation and Connectivity |
8.8.5. Environmental and Regulatory Compliance |
8.9. Technology Readiness Level Matrix |
8.10. Technology Maturity Curve |
8.11. Buying Criteria |
9. Company Profiles |
9.1. BayWa r.e. Renewable Energy GmbH |
9.1.1. Company Overview |
9.1.2. Company Financials |
9.1.3. Product/Service Portfolio |
9.1.4. Recent Developments |
9.1.5. IMR Analysis |
*Similar information will be provided for other companies |
9.2. Canadian Solar Inc. |
9.3. First Solar, Inc. |
9.4. Fronius International GmbH |
9.5. GCL-Poly Energy Holdings Limited |
9.6. Hanwha Q CELLS USA |
9.7. Ja Solar Technology Co., Ltd. |
9.8. Longi Solar |
9.9. ReneSola Ltd. |
9.10. Risen Energy Co., Ltd. |
9.11. Schletter GmbH |
9.12. SMA Solar Technology AG |
9.13. SolarWorld AG |
9.14. Suntech Power Holdings Co., Ltd. |
9.15. Trina Solar Limited |
10. Appendix |
A comprehensive market research approach was employed to gather and analyze data on the Fixed Solar PV Mounting Systems Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Fixed Solar PV Mounting Systems Market. The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.
Secondary Research
Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.
Primary Research
Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the E-Waste Management ecosystem. The primary research objectives included:
- Validating findings and assumptions derived from secondary research
- Gathering qualitative and quantitative data on market trends, drivers, and challenges
- Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
- Assessing the supply-side landscape, including technological advancements and recent developments
Market Size Assessment
A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Fixed Solar PV Mounting Systems Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:
- Identification of key industry players and relevant revenues through extensive secondary research
- Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
- Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources
Data Triangulation
To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.
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