| Product Code: ETC13258328 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Ground Mount PV Utility Market was valued at USD 54.6 Billion in 2024 and is expected to reach USD 142.1 Billion by 2031, growing at a compound annual growth rate of 14.98% during the forecast period (2025-2031).
The Global Ground Mount PV Utility Market refers to the segment of the solar energy industry focused on large-scale photovoltaic (PV) systems installed on the ground to generate electricity for utility-scale applications. This market is experiencing significant growth driven by factors such as decreasing solar panel costs, government incentives, and the increasing adoption of renewable energy sources. Key players in this market include companies involved in the design, development, and installation of ground-mounted PV systems, as well as manufacturers of solar panels and related components. The market is witnessing technological advancements to improve efficiency and reduce installation costs, while also focusing on sustainability and environmental impact. Geographically, regions such as Asia Pacific and North America are leading in the deployment of ground mount PV utility systems due to favorable regulatory policies and high solar irradiation levels.
The Global Ground Mount PV Utility Market is experiencing significant growth due to the increasing adoption of renewable energy sources and the declining costs of solar technology. Key trends in the market include the shift towards larger utility-scale projects, advancements in solar panel efficiency, and the integration of energy storage solutions. Opportunities in the market lie in emerging markets where government incentives and supportive policies are driving the development of solar projects, as well as the increasing focus on sustainability by corporations and utilities. Additionally, the growing interest in floating solar installations and the potential for repowering existing solar farms present avenues for further market expansion and innovation in the Ground Mount PV Utility sector.
The Global Ground Mount PV Utility Market faces several key challenges, including land availability constraints, permitting and regulatory hurdles, and competition from other renewable energy sources. Securing suitable land for large-scale ground-mounted solar installations can be a significant challenge, especially in densely populated areas where land is limited and expensive. Additionally, navigating through complex permitting processes and regulatory requirements can cause delays and increase project costs. Moreover, the increasing competitiveness of alternative renewable energy sources, such as wind and energy storage, poses a challenge to the growth of the ground mount PV utility market. Overcoming these challenges will require innovative solutions, streamlined processes, and continued technological advancements to ensure the continued growth and success of ground-mounted solar installations in the utility sector.
The Global Ground Mount PV Utility Market is primarily being driven by factors such as increasing focus on renewable energy sources, government initiatives and incentives to promote solar power projects, declining costs of solar technology, and a growing emphasis on reducing carbon emissions. Ground mount PV systems offer advantages in terms of scalability, efficiency, and land use, making them an attractive option for utility-scale solar projects. Additionally, advancements in technology, such as improved solar panel efficiency and smart grid integration, are further fueling the growth of the market. The need for reliable and sustainable energy sources, coupled with the potential for cost savings and environmental benefits, are driving the increasing adoption of ground mount PV systems in utility-scale solar installations worldwide.
Government policies related to the Global Ground Mount PV Utility Market vary by country. In the United States, the Investment Tax Credit (ITC) provides a federal tax credit for solar projects, including ground mount PV systems, incentivizing investment in renewable energy. In China, the government has implemented feed-in tariffs and subsidies to promote the development of utility-scale solar projects. In India, the government has set ambitious renewable energy targets and offers various financial incentives and support schemes for ground mount PV installations. In Europe, countries like Germany and Spain have historically offered generous feed-in tariffs to support solar energy development. Overall, government policies play a significant role in shaping the growth and investment landscape of the Global Ground Mount PV Utility Market, with incentives, subsidies, and regulatory frameworks driving market dynamics.
The Global Ground Mount PV Utility Market is expected to witness significant growth in the coming years, driven by increasing adoption of renewable energy sources, government initiatives promoting clean energy, and declining costs of solar technology. As utility-scale solar projects become more cost-effective and efficient, they are increasingly seen as a viable solution to meet growing energy demands and reduce carbon emissions. Factors such as favorable regulatory policies, advancements in solar panel technology, and the need to achieve sustainability goals will further propel the market forward. Additionally, the rise of emerging markets in Asia Pacific and Latin America is expected to create lucrative opportunities for market growth in the near future. Overall, the Global Ground Mount PV Utility Market is poised for substantial expansion and development in the years ahead.
In the Global Ground Mount PV Utility Market, Asia is expected to dominate in terms of market share due to the rapid expansion of solar projects in countries like China and India. North America is also a key market driven by supportive government policies and increasing investments in renewable energy infrastructure. Europe leads in terms of technological advancements and stringent regulations promoting renewable energy sources. The Middle East and Africa region is witnessing a growing interest in ground mount PV utility projects, particularly in countries with abundant sunlight. Latin America is experiencing a surge in solar installations, driven by decreasing costs and the need to diversify energy sources. Overall, the global ground mount PV utility market is characterized by regional variations in regulatory frameworks, investment trends, and market dynamics.
Global Ground Mount PV Utility Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Ground Mount PV Utility Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Ground Mount PV Utility Market Revenues & Volume, 2021 & 2031F |
3.3 Global Ground Mount PV Utility Market - Industry Life Cycle |
3.4 Global Ground Mount PV Utility Market - Porter's Five Forces |
3.5 Global Ground Mount PV Utility Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Ground Mount PV Utility Market Revenues & Volume Share, By Installation, 2021 & 2031F |
4 Global Ground Mount PV Utility Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Ground Mount PV Utility Market Trends |
6 Global Ground Mount PV Utility Market, 2021 - 2031 |
6.1 Global Ground Mount PV Utility Market, Revenues & Volume, By Installation, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Ground Mount PV Utility Market, Revenues & Volume, By Pile Mount, 2021 - 2031 |
6.1.3 Global Ground Mount PV Utility Market, Revenues & Volume, By Pole Mount, 2021 - 2031 |
6.1.4 Global Ground Mount PV Utility Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.3.1 Overview & Analysis |
7 North America Ground Mount PV Utility Market, Overview & Analysis |
7.1 North America Ground Mount PV Utility Market Revenues & Volume, 2021 - 2031 |
7.2 North America Ground Mount PV Utility Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Ground Mount PV Utility Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Ground Mount PV Utility Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Ground Mount PV Utility Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Ground Mount PV Utility Market, Revenues & Volume, By Installation, 2021 - 2031 |
8 Latin America (LATAM) Ground Mount PV Utility Market, Overview & Analysis |
8.1 Latin America (LATAM) Ground Mount PV Utility Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Ground Mount PV Utility Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Ground Mount PV Utility Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Ground Mount PV Utility Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Ground Mount PV Utility Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Ground Mount PV Utility Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Ground Mount PV Utility Market, Revenues & Volume, By Installation, 2021 - 2031 |
9 Asia Ground Mount PV Utility Market, Overview & Analysis |
9.1 Asia Ground Mount PV Utility Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Ground Mount PV Utility Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Ground Mount PV Utility Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Ground Mount PV Utility Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Ground Mount PV Utility Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Ground Mount PV Utility Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Ground Mount PV Utility Market, Revenues & Volume, By Installation, 2021 - 2031 |
10 Africa Ground Mount PV Utility Market, Overview & Analysis |
10.1 Africa Ground Mount PV Utility Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Ground Mount PV Utility Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Ground Mount PV Utility Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Ground Mount PV Utility Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Ground Mount PV Utility Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Ground Mount PV Utility Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Ground Mount PV Utility Market, Revenues & Volume, By Installation, 2021 - 2031 |
11 Europe Ground Mount PV Utility Market, Overview & Analysis |
11.1 Europe Ground Mount PV Utility Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Ground Mount PV Utility Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Ground Mount PV Utility Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Ground Mount PV Utility Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Ground Mount PV Utility Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Ground Mount PV Utility Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Ground Mount PV Utility Market, Revenues & Volume, By Installation, 2021 - 2031 |
12 Middle East Ground Mount PV Utility Market, Overview & Analysis |
12.1 Middle East Ground Mount PV Utility Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Ground Mount PV Utility Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Ground Mount PV Utility Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Ground Mount PV Utility Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Ground Mount PV Utility Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Ground Mount PV Utility Market, Revenues & Volume, By Installation, 2021 - 2031 |
13 Global Ground Mount PV Utility Market Key Performance Indicators |
14 Global Ground Mount PV Utility Market - Export/Import By Countries Assessment |
15 Global Ground Mount PV Utility Market - Opportunity Assessment |
15.1 Global Ground Mount PV Utility Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Ground Mount PV Utility Market Opportunity Assessment, By Installation, 2021 & 2031F |
16 Global Ground Mount PV Utility Market - Competitive Landscape |
16.1 Global Ground Mount PV Utility Market Revenue Share, By Companies, 2024 |
16.2 Global Ground Mount PV Utility Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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