Fixed Tilt Solar PV Market Research Report: Information By Technology (Crystalline Silicone, Thin Film and Others), Application (On-Grid and Off-Grid) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2030

Fixed Tilt Solar Pv Market Scenario

Fixed tilt solar PV market size is projected to reach USD 1.16 Billion by 2026, with a 11.92% CAGR between 2022 and 2030.

A thin-film photovoltaic module is a breakthrough in solar technology. It seems to be rapidly increasing its share in the solar power sector. Thin-film (TF) solar panels consist of solar cells with light-absorbing layers, and these are more than 350 times smaller than a standard silicon panel. They are considered the lightest PV cell, as they have a narrow design and efficient semiconductor built into the cells. Thin-film solar cells are less expensive to produce than traditional silicon solar cells, as they require a lesser amount of construction materials.

Factors, such as the lower cost of the fixed-tilt solar system, in comparison with tracking solar system, are likely to drive the market during the forecast period. However, the amount of electricity generated by the fixed-tilt is lesser than the solar tracking system, which is likely to restrain the market's growth in the coming years. A thin-film photovoltaic module is the breakthrough in solar technology and is rapidly increasing its share in the solar power sector, which is likely to dominate the market during the forecast period.

The major factors driving the growth of the global fixed tilt solar PV market are the growing demand for electricity generation from solar energy and increasing government initiatives to adopt solar energy for electricity generation. Furthermore, the increasing demand for sustainable electricity generation to reduce the emission of harmful gases is also expected to have a substantial impact on the growth of the global fixed tilt solar PV market during the forecast period. Electrification of remote areas and regions in developing countries is expected to further increase the demand for fixed-tilt solar PV equipment during the forecast period. This is primarily due to the numerous initiatives being undertaken by government bodies to increase access to electricity in remote areas.

Many major players such as Canadian Solar, Yingli Solar, and Engie are actively focusing on R&D to reduce the manufacturing costs of solar equipment to increase the adoption of off-grid solar equipment. For instance, in July 2020, Skilancer Solar launched waterless robots for rooftop solar panels for cleaning the solar panels installed on residential rooftops. The development is expected to have a substantial impact on the growth of the company’s market share during the forecast period.

Key Players

The key players operating in the global fixed tilt solar PV market are Canadian Solar, Engie, First Solar, Unirac, Solar FlexRack, Trina Solar, Yingli Solar, JinkoSolar, Wuxi Suntech Power Co., Ltd, and SolarCity Corporation.

Recent Developments

Solar power plants have been increasingly installed with tracking systems instead of fixed-tilt systems in recent years. Tracking systems either rotate on a single axis or a dual axis. The tracking systems are more expensive than fixed-tilt systems. Hence, they are preferred over fixed-tilt systems as the tracking mechanism is designed to track the sun automatically. In the United States, the power production cost for fixed-tilt utility-scale systems was USD 1.44 per Watt, which amounts to USD 1.47 per Watt for tracking systems solar PV. Despite higher costs, the revenues from the surplus power generated exceed the additional cost for tracking systems over a fixed-tilt system over the period. Hence, the adoption of tracking-based solar PV systems has been increasing over the last few years compared to fixed-tilt systems.

The global fixed tilt solar PV market is expected to witness high growth during the forecast period owing to the increasing demand for low-cost off-grid electricity generation.  This is expected to drive the demand for the fixed tilt solar PV market during the forecast period.

Based on region, the fixed tilt solar PV market is segmented into Asia-Pacific, North America, Europe, the Middle East & Africa, and South America. Asia-Pacific holds the largest market share of the fixed tilt solar PV market due to the increasing adoption of residential solar equipment in the region. Additionally, the fixed tilt solar PV market in Asia-Pacific is expected to grow at the fastest rate during the forecast period, primarily to the numerous government initiatives introduced in the region to increase the adoption of solar energy.

Intended Audience

• Government and Research Organizations


• Consulting Companies in the Renewable Energy Inverters Market


• Raw Material Suppliers


• Research Consultants


• Investors and Shareholders