Solar Panel Mounting Structures Market Analysis

Product Type Segment Analysis

Based on product type, the roof mounted structure segment is anticipated to capture over 55.1% solar panel mounting structures market share by 2035. This growth can be attributed to the increasing adoption of solar energy across the globe, the growing deployment of rooftop solutions in residential and commercial buildings due to limited ground space availability in urban areas, and high preference for rooftop structures to offset overall energy costs.  Several public and private organizations are promoting the use of rooftop solar solutions. For instance, in June 2024, Tata Power Solar Limited launched the Pan India Campaign- GharGharSolar, Tata Power ke Sangh in order to support the adoption of residential rooftop solar solutions. Through this campaign, the company aimed to foster a sustainable future with the widespread adoption of solar energy.

End use Segment Analysis

Based on end use, the utility segment in solar panel mounting structures market is likely to register a robust CAGR between 2026 and 2035 due to the rapidly expanding utility sector, which caters to rising consumption of electricity, power, and water, and the increasing adoption of solar panel mounting solutions to cover vast utility-scale solar farms. Large-scale utility farms reduce the per unit of energy produced due to bulk purchase of materials and streamlined operations. Other factors such as government subsidies and tax redemptions for large scale projects and increasing partnerships between large corporations and utility solar providers to reach decarbonization goals are expected to support segment growth during the forecast period.

For instance, in September 2024, Silfab announced the launch of 640 W utility-scale solar panels with a temperature coefficient of -0.29% per C and a 30-year power outage assurance for 89.3% of the initial yield.

Our in-depth analysis of the global solar panel mounting structures market includes the following segments: