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    Ground Mounted Solar Market

    ID: MRFR/E&P/22127-HCR
    100 Pages
    Snehal Singh
    October 2025

    Ground Mounted Solar Market Research Report By System Capacity (Less than 5 MW, 5-10 MW, 10-50 MW, 50-100 MW, Above 100 MW), By Panel Type (Monocrystalline, Polycrystalline, Thin-Film), By Installation Type (Fixed-Tilt, Single-Axis Tracking, Dual-Axis Tracking), By End-User (Residential, Commercial, Industrial, Utility-Scale), and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035

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    Ground Mounted Solar Market Infographic
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    Ground Mounted Solar Market Summary

    As per MRFR analysis, the Ground Mounted Solar Market Size was estimated at 32.1 USD Billion in 2024. The Ground Mounted Solar industry is projected to grow from 36.37 USD Billion in 2025 to 126.45 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 13.27 during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The Ground Mounted Solar Market is experiencing robust growth driven by technological advancements and regulatory support.

    • North America remains the largest market for ground mounted solar installations, driven by increasing demand for renewable energy.
    • The Asia-Pacific region is emerging as the fastest-growing market, fueled by favorable government policies and investments in solar infrastructure.
    • The 10-50 MW segment continues to dominate the market, while the above 100 MW segment is witnessing rapid growth due to utility-scale project developments.
    • Key market drivers include rising energy costs and corporate sustainability initiatives, which are propelling the adoption of monocrystalline and thin-film technologies.

    Market Size & Forecast

    2024 Market Size 32.1 (USD Billion)
    2035 Market Size 126.45 (USD Billion)
    CAGR (2025 - 2035) 13.27%

    Major Players

    First Solar (US), Canadian Solar (CA), Trina Solar (CN), JA Solar (CN), LONGi Green Energy (CN), SunPower (US), Enphase Energy (US), Sungrow Power Supply (CN), Risen Energy (CN)

    Ground Mounted Solar Market Trends

    The Ground Mounted Solar Market is currently experiencing a notable transformation, driven by a confluence of technological advancements and increasing environmental awareness. As nations strive to meet renewable energy targets, the demand for ground-mounted solar installations appears to be on the rise. This trend is further supported by favorable government policies and incentives aimed at promoting clean energy solutions. The integration of innovative solar technologies, such as bifacial panels and tracking systems, enhances efficiency and energy output, making ground-mounted systems more appealing to investors and developers alike. Moreover, the Ground Mounted Solar Market is witnessing a shift towards larger-scale projects, as utility companies and large corporations seek to capitalize on economies of scale. This shift not only facilitates the deployment of more extensive solar farms but also encourages collaboration between public and private sectors. As the market evolves, it seems likely that the focus will increasingly be on sustainability and long-term viability, with stakeholders prioritizing environmentally friendly practices and community engagement. The future of the Ground Mounted Solar Market appears promising, with ongoing innovations and a growing commitment to renewable energy paving the way for further expansion.

    Technological Advancements

    The Ground Mounted Solar Market is benefiting from rapid technological innovations that enhance the efficiency and performance of solar panels. New materials and designs, such as bifacial solar panels, are emerging, allowing for greater energy capture and improved overall output. These advancements not only increase the attractiveness of ground-mounted systems but also contribute to lowering the cost of solar energy production.

    Regulatory Support

    Government policies and incentives play a crucial role in shaping the Ground Mounted Solar Market. Many countries are implementing supportive regulations that encourage investment in renewable energy projects. This regulatory environment fosters growth by providing financial incentives, tax breaks, and streamlined permitting processes, which collectively enhance the feasibility of ground-mounted solar installations.

    Shift Towards Utility-Scale Projects

    There is a discernible trend towards larger utility-scale ground-mounted solar projects, driven by the need for substantial energy generation. This shift allows for the development of extensive solar farms that can meet the energy demands of entire communities. As utility companies and large enterprises invest in these projects, the Ground Mounted Solar Market is likely to see increased collaboration between various stakeholders, including governments and private investors.

    The global shift towards renewable energy sources, particularly ground-mounted solar installations, appears to be accelerating as governments implement supportive policies and incentives to reduce carbon emissions and enhance energy security.

    U.S. Department of Energy

    Ground Mounted Solar Market Drivers

    Rising Energy Costs

    Rising energy costs are driving interest in the Ground Mounted Solar Market. As traditional energy sources become more expensive due to fluctuating fossil fuel prices and geopolitical tensions, solar energy presents a cost-effective alternative. The levelized cost of electricity (LCOE) for solar power has decreased significantly over the past decade, making it competitive with conventional energy sources. This trend is likely to encourage more businesses and homeowners to consider ground-mounted solar installations as a means to mitigate energy expenses. Furthermore, the long-term savings associated with solar energy, coupled with the potential for energy independence, are compelling factors for stakeholders in the Ground Mounted Solar Market. As energy prices continue to rise, the appeal of solar energy solutions is expected to grow, further propelling market expansion.

    Technological Innovations

    Technological innovations are significantly influencing the Ground Mounted Solar Market. Advancements in solar panel efficiency, energy storage solutions, and tracking systems have enhanced the viability of ground-mounted solar installations. For example, the development of bifacial solar panels, which capture sunlight from both sides, has improved energy generation capabilities. Moreover, the integration of smart grid technologies allows for better energy management and distribution, optimizing the performance of solar systems. As these technologies continue to evolve, they are likely to reduce the overall cost of solar energy production, making ground-mounted systems more attractive to investors and developers. The ongoing research and development in solar technology suggest a promising future for the Ground Mounted Solar Market, potentially leading to increased adoption rates.

    Favorable Government Policies

    Favorable government policies play a crucial role in shaping the Ground Mounted Solar Market. Many countries have implemented incentives such as tax credits, grants, and feed-in tariffs to promote solar energy adoption. These policies not only lower the financial barriers for solar project developers but also encourage investments in renewable energy infrastructure. For instance, in several regions, the introduction of renewable portfolio standards mandates utilities to source a certain percentage of their energy from renewable sources, including solar. This regulatory support is expected to drive the growth of the Ground Mounted Solar Market, as it creates a conducive environment for large-scale solar projects. Additionally, the commitment of various governments to achieve net-zero emissions by 2050 further underscores the importance of solar energy in their energy strategies.

    Corporate Sustainability Initiatives

    Corporate sustainability initiatives are increasingly influencing the Ground Mounted Solar Market. Many companies are adopting renewable energy solutions to meet their sustainability goals and enhance their corporate social responsibility profiles. This trend is evident as businesses seek to reduce their carbon footprints and align with consumer preferences for environmentally friendly practices. The commitment to sustainability often translates into investments in solar energy projects, including ground-mounted systems. As corporations recognize the financial and reputational benefits of renewable energy, the demand for ground-mounted solar installations is likely to increase. Additionally, partnerships between corporations and solar developers are becoming more common, further driving the growth of the Ground Mounted Solar Market. This alignment of corporate interests with renewable energy objectives suggests a robust future for solar energy adoption.

    Increasing Demand for Renewable Energy

    The rising demand for renewable energy sources is a primary driver for the Ground Mounted Solar Market. As nations strive to meet their energy needs sustainably, solar energy emerges as a viable alternative. According to recent data, the share of renewable energy in the global energy mix has been steadily increasing, with solar power accounting for a significant portion. This trend is likely to continue, as governments and organizations aim to reduce carbon emissions and combat climate change. The Ground Mounted Solar Market stands to benefit from this shift, as large-scale solar installations become more prevalent. Furthermore, the growing awareness among consumers regarding the environmental impact of fossil fuels is propelling the demand for solar energy solutions, thereby enhancing the market's growth potential.

    Market Segment Insights

    By System Capacity: 10-50 MW (Largest) vs. Above 100 MW (Fastest-Growing)

    In the Ground Mounted Solar Market, the system capacity segments show a diverse distribution. The 10-50 MW capacity segment holds a significant share, as it aligns with the increasing demand for mid-scale solar projects that cater to both commercial and utility applications. Following this, the Above 100 MW segment is gaining traction, driven by large-scale solar installations that contribute extensively to renewable energy portfolios worldwide. Together, these segments dominate the market landscape, with a combined focus on efficiency and sustainability in energy production. With the world shifting towards renewable energy solutions, the Ground Mounted Solar Market is witnessing an upsurge in several capacity segments. The 10-50 MW segment continues to benefit from supportive government policies and technological advancements, making it a preferred choice for investors. Conversely, the Above 100 MW segment is emerging as the fastest-growing segment, driven by the need for substantial energy output and cost efficiencies that come with larger installations. This growth trend reflects a broader shift towards ambitious sustainability goals and energy independence globally.

    10-50 MW (Dominant) vs. Above 100 MW (Emerging)

    The 10-50 MW segment in the Ground Mounted Solar Market is recognized as a dominant force, representing the sweet spot for developers seeking to balance operational efficiency and investment returns. This segment supports various applications, including commercial energy consumption and utility-scale projects, paving the way for enhanced grid stability and energy security. Additionally, it stands out due to advancements in solar technology, which have led to improved energy capture and reduced costs. In contrast, the Above 100 MW segment is characterized as an emerging powerhouse within the market, capitalizing on the rising demand for large-scale solar farms. This segment is increasingly viewed as essential for meeting aggressive renewable energy targets set by nations worldwide. Its appeal lies in the ability to generate significant amounts of electricity, which not only aids in reducing the carbon footprint but also enhances the resilience of energy supplies in a changing climate.

    By Panel Type: Monocrystalline (Largest) vs. Thin-Film (Fastest-Growing)

    The Ground Mounted Solar Market is primarily dominated by Monocrystalline solar panels, which hold the largest share due to their high efficiency and longevity. In contrast, Polycrystalline panels, while second in market share, are often chosen for their lower manufacturing costs. Thin-Film solar panels are less common but are gaining attention due to their flexibility and lower production costs, which have made them increasingly competitive in specific applications.

    Panel Type: Monocrystalline (Dominant) vs. Thin-Film (Emerging)

    Monocrystalline solar panels are recognized for their high efficiency and superior performance in limited space, making them a preferred choice among consumers and large-scale solar projects. They have a longer lifespan and better efficiency rates compared to Polycrystalline panels, reinforcing their market dominance. Meanwhile, Thin-Film panels represent an emerging segment, characterized by their lightweight and flexible nature. These panels can be applied in diverse settings, including building-integrated photovoltaics. Their cost-effectiveness and lower energy payback time are key drivers fueling their swift adoption in niche markets.

    By Installation Type: Fixed-Tilt (Largest) vs. Dual-Axis Tracking (Fastest-Growing)

    In the Ground Mounted Solar Market, Fixed-Tilt installations dominate the landscape, holding the majority share due to their simplicity and cost-effectiveness. These systems are widely adopted in various regions, particularly in locations with high solar radiation, making them an attractive option for developers and investors alike. Conversely, Single-Axis and Dual-Axis Tracking systems are gaining momentum as they offer enhanced energy capture, contributing to a shift in market dynamics that is increasingly favoring these more technologically advanced solutions. Growth trends indicate that the demand for single-axis and dual-axis tracking systems is on the rise, primarily driven by the need for higher efficiency and better performance in energy output. As global initiatives push for cleaner energy sources and enhanced efficiency, the Ground Mounted Solar Market is witnessing a shift towards these evolving technologies. Advances in tracking technology and a decreasing cost trend are incentivizing utilities and developers to invest in these systems, highlighting the growing importance of these installation types in achieving sustainable energy goals.

    Fixed-Tilt (Dominant) vs. Dual-Axis Tracking (Emerging)

    The Fixed-Tilt installation type remains dominant in the Ground Mounted Solar Market due to its simplicity, lower upfront costs, and ease of maintenance, making it a preferred choice for utility-scale projects. These installations do not require complex tracking mechanisms and have a lower overall installation cost, providing a measure of price stability for stakeholders. However, the Dual-Axis Tracking systems are emerging as a viable alternative, capturing more sunlight throughout the day due to their ability to pivot in both vertical and horizontal planes. This feature enhances overall efficiency, making them particularly attractive in regions with variable sunlight. With technological advancements reducing costs and improving reliability, dual-axis systems are quickly becoming a key competitor in the market.

    By End-User: Residential (Largest) vs. Utility-Scale (Fastest-Growing)

    In the Ground Mounted Solar Market, the end-user segment showcases a dynamic distribution among various categories, with the residential segment holding the largest share. Residential solar installations are increasingly popular due to the rising demand for renewable energy solutions, coupled with government incentives that encourage homeowners to invest in solar technology. Following the residential segment, commercial and industrial users are also making significant contributions, while utility-scale solar projects are rapidly gaining traction as the need for scalable, efficient energy solutions grows.

    Utility-Scale: Dominant vs. Residential: Emerging

    Within the end-user segment of the Ground Mounted Solar Market, the utility-scale category stands out as the dominant player, leveraging large spaces for significant solar energy production. These installations typically involve vast solar farms that provide energy to a grid, catering to extensive consumer demand. On the other hand, the residential sector is emerging, with increasing numbers of homeowners opting for solar systems to reduce electricity bills and carbon footprints. This awareness, driven by economical and environmental factors, is propelling residential solar solutions to become a noteworthy competitor, thereby positioning both segments uniquely in the market.

    Get more detailed insights about Ground Mounted Solar Market

    Regional Insights

    North America : Renewable Energy Leader

    North America is witnessing a robust growth trajectory in the ground-mounted solar market, driven by favorable government policies, technological advancements, and increasing energy demands. The United States holds the largest market share at approximately 70%, followed by Canada at around 15%. Regulatory incentives such as the Investment Tax Credit (ITC) are catalyzing investments in solar infrastructure, making it a pivotal region for solar energy expansion. The competitive landscape is dominated by key players like First Solar, SunPower, and Canadian Solar, which are leveraging innovative technologies to enhance efficiency and reduce costs. The U.S. market is characterized by a mix of large-scale utility projects and distributed generation systems, while Canada is focusing on community solar initiatives. This dynamic environment fosters collaboration among stakeholders, ensuring a sustainable growth path for the ground-mounted solar sector.

    Europe : Sustainable Energy Transition

    Europe is at the forefront of the global transition to renewable energy, with ground-mounted solar installations gaining significant traction. The region's market is primarily driven by ambitious climate targets and regulatory frameworks aimed at reducing carbon emissions. Germany and Spain are the largest markets, collectively holding over 50% of the European solar capacity. The European Green Deal and national policies are pivotal in promoting solar energy adoption across member states. Leading countries like Germany, Spain, and Italy are home to numerous solar projects, supported by key players such as Trina Solar and JA Solar. The competitive landscape is characterized by a mix of established firms and emerging startups, all vying for market share in a rapidly evolving sector. The European market is also witnessing increased investments in solar technology and infrastructure, further solidifying its position as a leader in renewable energy.

    Asia-Pacific : Emerging Solar Powerhouse

    The Asia-Pacific region is emerging as a powerhouse in the ground-mounted solar market, driven by increasing energy demands and supportive government policies. China is the largest market, accounting for over 60% of the region's solar capacity, followed by India with approximately 15%. The Chinese government's commitment to renewable energy and ambitious targets for solar capacity expansion are key drivers of this growth, fostering a competitive environment for solar technology development. Countries like China and India are witnessing a surge in solar installations, with key players such as LONGi Green Energy and Risen Energy leading the charge. The competitive landscape is marked by rapid technological advancements and cost reductions, making solar energy more accessible. Additionally, regional collaborations and investments in solar infrastructure are expected to further enhance the market's growth trajectory, positioning Asia-Pacific as a leader in the global solar landscape.

    Middle East and Africa : Emerging Solar Frontier

    The Middle East and Africa region is witnessing a burgeoning interest in ground-mounted solar energy, driven by abundant sunlight and increasing energy needs. Countries like South Africa and the United Arab Emirates are leading the charge, with South Africa holding approximately 30% of the market share in the region. Government initiatives and international investments are catalyzing the development of solar projects, making this region an emerging frontier for renewable energy. The competitive landscape is characterized by a mix of local and international players, with companies like Enphase Energy and Sungrow Power Supply making significant inroads. The region's unique challenges, such as infrastructure and financing, are being addressed through innovative solutions and partnerships. As the demand for clean energy continues to rise, the Middle East and Africa are poised for substantial growth in the ground-mounted solar market.

    Key Players and Competitive Insights

    The Ground Mounted Solar Market is currently characterized by a dynamic competitive landscape, driven by increasing demand for renewable energy solutions and supportive government policies. Key players such as First Solar (US), Canadian Solar (CA), and LONGi Green Energy (CN) are strategically positioning themselves through innovation and regional expansion. First Solar (US) focuses on advanced thin-film technology, which enhances efficiency and reduces costs, while Canadian Solar (CA) emphasizes its global reach and diversified product offerings. LONGi Green Energy (CN) is notable for its aggressive pricing strategy and commitment to vertical integration, which collectively shape a competitive environment that is both fragmented and rapidly evolving.

    In terms of business tactics, companies are increasingly localizing manufacturing to mitigate supply chain disruptions and optimize logistics. The market structure appears moderately fragmented, with several players vying for market share. This fragmentation is influenced by the collective actions of key players, who are leveraging their strengths to enhance operational efficiencies and expand their geographical footprints.

    In August 2025, First Solar (US) announced a significant investment in a new manufacturing facility in Texas, aimed at increasing its production capacity for solar panels. This strategic move is expected to bolster its market position in the U.S. and reduce reliance on imports, aligning with the growing trend of domestic manufacturing in the renewable energy sector. The investment underscores First Solar's commitment to innovation and sustainability, potentially enhancing its competitive edge.

    In September 2025, Canadian Solar (CA) secured a major contract to supply solar modules for a large-scale ground-mounted project in Brazil. This contract not only reinforces Canadian Solar's presence in the Latin American market but also highlights its ability to execute large projects efficiently. The strategic importance of this contract lies in its potential to enhance Canadian Solar's revenue streams and strengthen its brand recognition in emerging markets.

    In July 2025, LONGi Green Energy (CN) launched a new line of high-efficiency solar panels designed specifically for ground-mounted installations. This product innovation is indicative of LONGi's focus on technological advancement and its intent to capture a larger share of the market. By introducing cutting-edge technology, LONGi aims to differentiate itself from competitors and meet the increasing demand for efficient solar solutions.

    As of October 2025, current competitive trends in the Ground Mounted Solar Market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence in operations. Strategic alliances among companies are shaping the landscape, fostering collaboration that enhances innovation and market reach. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on technological innovation, supply chain reliability, and sustainable practices, reflecting the industry's shift towards a more resilient and forward-thinking approach.

    Key Companies in the Ground Mounted Solar Market market include

    Industry Developments

    • Q2 2025: The U.S. solar industry added 8.6 gigawatts (GW) of new solar module manufacturing capacity in Q1 2025, marking the third-largest quarter for new manufacturing capacity on record. In Q1 2025, the U.S. solar sector saw a significant expansion in manufacturing, with 8.6 GW of new solar module manufacturing capacity coming online, supporting both ground-mounted and other solar installations.

    Future Outlook

    Ground Mounted Solar Market Future Outlook

    The Ground Mounted Solar Market is projected to grow at a 13.27% CAGR from 2024 to 2035, driven by technological advancements, regulatory support, and increasing energy demands.

    New opportunities lie in:

    • Development of integrated solar tracking systems for enhanced efficiency.
    • Expansion into emerging markets with tailored financing solutions.
    • Partnerships with agricultural sectors for dual-use solar installations.

    By 2035, the market is expected to solidify its position as a leader in renewable energy solutions.

    Market Segmentation

    Ground Mounted Solar Market End-User Outlook

    • Residential
    • Commercial
    • Industrial
    • Utility-Scale

    Ground Mounted Solar Market Panel Type Outlook

    • Monocrystalline
    • Polycrystalline
    • Thin-Film

    Ground Mounted Solar Market System Capacity Outlook

    • Less than 5 MW
    • 5-10 MW
    • 10-50 MW
    • 50-100 MW
    • Above 100 MW

    Ground Mounted Solar Market Installation Type Outlook

    • Fixed-Tilt
    • Single-Axis Tracking
    • Dual-Axis Tracking

    Report Scope

    MARKET SIZE 202432.1(USD Billion)
    MARKET SIZE 202536.37(USD Billion)
    MARKET SIZE 2035126.45(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR)13.27% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Billion
    Key Companies ProfiledMarket analysis in progress
    Segments CoveredMarket segmentation analysis in progress
    Key Market OpportunitiesIntegration of advanced energy storage solutions enhances efficiency in the Ground Mounted Solar Market.
    Key Market DynamicsRising demand for renewable energy drives innovation and competition in the ground mounted solar market.
    Countries CoveredNorth America, Europe, APAC, South America, MEA

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    FAQs

    What is the projected market size of the Global Ground Mounted Solar Market in 2024?

    The global Ground Mounted Solar Market is projected to reach USD 32.10 billion in 2024, exhibiting a CAGR of 13.27% from 2025 to 2034.

    What are the key growth drivers of the Global Ground Mounted Solar Market?

    The increasing demand for renewable energy sources, government incentives and policies, and technological advancements are the key growth drivers of the Global Ground Mounted Solar Market.

    Which region is expected to hold the largest market share in the Global Ground Mounted Solar Market?

    The Asia-Pacific region is expected to hold the largest market share in the Global Ground Mounted Solar Market, owing to the increasing demand for renewable energy and government initiatives in countries like China, India, and Japan.

    What are the major applications of Ground Mounted Solar Systems?

    Ground Mounted Solar Systems are primarily used for large-scale power generation and commercial and industrial applications, such as solar farms and power plants.

    Who are the key competitors in the Global Ground Mounted Solar Market?

    Some of the key competitors in the Global Ground Mounted Solar Market include First Solar, Trina Solar, Canadian Solar, Jinko Solar, and LONGi Solar.

    What is the expected market size of the Global Ground Mounted Solar Market in 2034?

    The global Ground Mounted Solar Market is expected to reach USD 111.63 billion by 2034, exhibiting a CAGR of 13.27% from 2025 to 2034.

    What are the challenges faced by the Global Ground Mounted Solar Market?

    The challenges faced by the Global Ground Mounted Solar Market include high upfront investment costs, land availability constraints, and grid integration issues.

    What are the opportunities for growth in the Global Ground Mounted Solar Market?

    The growing demand for renewable energy, technological advancements, and government incentives present significant opportunities for growth in the Global Ground Mounted Solar Market.

    What is the impact of COVID-19 on the Global Ground Mounted Solar Market?

    The COVID-19 pandemic had a moderate impact on the Global Ground Mounted Solar Market. While some projects were delayed or canceled, the long-term growth prospects of the market remain positive.

    What are the key trends shaping the Global Ground Mounted Solar Market?

    The key trends shaping the Global Ground Mounted Solar Market include the increasing adoption of bifacial solar panels, the integration of energy storage systems, and the development of floating solar systems.

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