France Solar PV Mounting Systems Market Growth Outlook

The France Solar PV Mounting Systems Market by Component is projected to expand from approximately USD 454 Mn in 2026 to USD 628 Mn by 2030, representing growth of around 38% over the forecast period. The market includes five component categories: PV modules (panels), batteries, inverters, racking, and other components. Their combined growth reflects the projected expansion of the component market supporting solar photovoltaic installations in France.

PV modules (panels) are expected to remain the largest category by 2030, followed by batteries and inverters. Although PV modules account for the highest projected market value, inverters are expected to record the fastest percentage growth between 2019 and 2030.

PV Modules Maintain the Largest Market Share

PV modules (panels) are projected to reach USD 256.40 Mn by 2030, increasing from USD 124.40 Mn in 2019. This represents growth of approximately 106% over the period. With around 41% of the combined value of the five component categories in 2030, PV modules remain the leading segment.

PV modules convert sunlight into electricity and form the core generation component of solar photovoltaic systems. Their projected market position reflects their importance in solar installation costs and overall system capacity. Demand for these components is closely connected to the development and deployment of solar PV projects.

The expected value of USD 256.40 Mn places PV modules well ahead of the other component categories. Their continued leadership indicates that they will remain the largest contributor to the France Solar PV Mounting Systems Market by Component through 2030.

Batteries Record Strong Growth

The batteries segment is projected to increase from USD 88.20 Mn in 2019 to USD 186.30 Mn by 2030, representing growth of approximately 111%. Batteries are expected to become the second-largest component category, accounting for a substantial share of the market's projected value.

Battery storage can help retain electricity generated by solar PV systems for use when generation and consumption do not coincide. This functionality can support greater flexibility in how solar electricity is managed, particularly in installations designed to use stored power beyond peak generation periods.

The projected increase in battery market value highlights the growing contribution of storage components to the overall market. By 2030, batteries are expected to remain second only to PV modules (panels) among the five categories.

Inverters Record the Fastest Component Growth

Inverters are projected to rise from USD 52.10 Mn in 2019 to USD 111.50 Mn by 2030, an increase of approximately 114%. This is the highest percentage growth among the five component categories.

Inverters convert the direct current generated by solar panels into alternating current suitable for use by electrical equipment or integration with compatible power systems. Their role in energy conversion makes them an essential component of solar PV installations.

The segment's projected expansion indicates that inverters will contribute significantly to the market's overall growth. While their 2030 value remains below those of PV modules and batteries, their faster percentage increase distinguishes them within the component landscape.

Racking and Other Components Expand

The racking segment is forecast to grow from USD 24.90 Mn in 2019 to USD 52.40 Mn by 2030, representing an increase of approximately 110%. Racking systems support and secure solar panels, with their configuration depending on the installation design and mounting requirements.

Other components are projected to rise from USD 9.90 Mn in 2019 to USD 21.00 Mn by 2030, marking growth of approximately 112%. Although this category remains the smallest by projected 2030 value, its growth rate is higher than that of PV modules, batteries, and racking.

Together, these segments illustrate that projected market expansion extends beyond the main generation, storage, and conversion components. Mounting infrastructure and other system elements also contribute to the overall value of solar PV installations.

France Solar PV Mounting Systems Market Outlook Through 2030

The combined value of the five component categories is projected to reach USD 627.60 Mn by 2030, compared with USD 299.50 Mn in 2019. This represents an overall increase of approximately 110% over the period.

PV modules (panels) are expected to lead with USD 256.40 Mn, followed by batteries at USD 186.30 Mn and inverters at USD 111.50 Mn. Racking is projected to reach USD 52.40 Mn, while other components are forecast to account for USD 21.00 Mn.

The outlook indicates that PV modules will remain the largest source of component market value, while batteries and inverters contribute substantially to projected growth. Inverters are expected to record the fastest percentage increase, and racking and other components will continue to add value to the overall market through 2030.