The photovoltaic mounting system market in Europe is set for substantial growth, with projections estimating an increase from $58.8 billion in 2025 to $260.7 billion by 2035. This growth, driven by favorable government policies and an expansion of solar energy projects, translates to a compound annual growth rate (CAGR) of 16%.
Photovoltaic mounting systems are essential components for solar installations, providing the necessary support and orientation to maximize energy capture. As solar energy becomes a key element of Europe’s renewable energy strategy, the demand for reliable mounting solutions is on the rise. These systems not only secure solar panels but also facilitate faster installation and longer lifespans for solar arrays.
Key factors contributing to market growth include: 1. **Increase in Renewable Energy Initiatives**: Many European countries are heavily investing in solar capacity, directly boosting the need for high-quality mounting systems. 2. **Decreasing Installation Costs**: Lower costs associated with installation and energy storage are making solar energy more accessible for both residential and commercial users, allowing manufacturers to target new market segments effectively. 3. **Growing Environmental Awareness**: Concerns over fossil fuel depletion and fluctuating energy prices are driving both individuals and businesses toward solar solutions. Government incentives and financing options further support this transition, benefiting mounting system suppliers.
The regulatory environment in Europe also supports this market’s growth. Policies such as feed-in tariffs, net metering, and established renewable energy targets are fostering the adoption of solar photovoltaics. The European Union’s Renewable Energy Directive mandates that at least 32% of total energy consumption come from renewable sources by 2030, prompting investments in solar infrastructure and increasing demand for mounting solutions.
Germany stands out as a leader in this transformation, expected to achieve a CAGR of 17.8% during the forecast period, with its market value projected to reach $42.2 billion by 2035. The country’s proactive renewable energy policies and extensive solar deployment strategies position it as a significant market for photovoltaic mounting systems.
The competitive landscape of the European photovoltaic mounting system market includes established companies such as Schletter GmbH and Renusol GmbH, which are investing in research and development to deliver cost-effective and durable mounting solutions. Their focus on innovative materials and designs keeps them competitive in this dynamic industry.
The market is categorized by product type (rooftop, ground mounted, carport mounting structures), sales channel (B2B and B2C), material type (aluminum, steel), and technology (fixed and tracking). As the demand for solar energy continues to rise, the photovoltaic mounting system market in Europe is poised for a robust future.
