Pro
Energy & Utilities
Japan Solar PV Mounting Systems Market
| Label | PV modules (panels) | Inverters | Racking | Batteries | Other Components |
|---|---|---|---|---|---|
| 2019 | 229.13 USD Mn | 98.31 USD Mn | 45.73 USD Mn | 165.81 USD Mn | 22.94 USD Mn |
| 2020 | 214.09 USD Mn | 92.24 USD Mn | 42.79 USD Mn | 155.34 USD Mn | 21.51 USD Mn |
| 2021 | 225.75 USD Mn | 97.67 USD Mn | 45.18 USD Mn | 164.25 USD Mn | 22.75 USD Mn |
| 2022 | 242.49 USD Mn | 105.34 USD Mn | 48.6 USD Mn | 176.9 USD Mn | 24.51 USD Mn |
| 2023 | 258.86 USD Mn | 112.92 USD Mn | 51.96 USD Mn | 189.36 USD Mn | 26.26 USD Mn |
| 2024 | 276.5 USD Mn | 121.11 USD Mn | 55.59 USD Mn | 202.82 USD Mn | 28.14 USD Mn |
| 2025 | 295.48 USD Mn | 129.96 USD Mn | 59.49 USD Mn | 217.33 USD Mn | 30.16 USD Mn |
| 2026 | 315.96 USD Mn | 139.54 USD Mn | 63.71 USD Mn | 233.03 USD Mn | 32.36 USD Mn |
| 2027 | 337.93 USD Mn | 149.86 USD Mn | 68.24 USD Mn | 249.91 USD Mn | 34.72 USD Mn |
| 2028 | 361.56 USD Mn | 161 USD Mn | 73.12 USD Mn | 268.11 USD Mn | 37.27 USD Mn |
| 2029 | 386.98 USD Mn | 173.03 USD Mn | 78.38 USD Mn | 287.75 USD Mn | 40.02 USD Mn |
| 2030 | 414.34 USD Mn | 186.03 USD Mn | 84.05 USD Mn | 308.93 USD Mn | 42.98 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The Japan Solar PV Mounting Systems Market By Component market is on a steady long-term growth path. Segment value stands at roughly USD 785 Mn in 2026 and is projected to reach USD 1036 Mn by 2030 — a gain of about 32% over the forecast period, translating to a CAGR in the high single digits.
- Across all 5 series, PV modules (panels) sits on top as of 2030: 414. 34M USD, or 40% of everything shown here combined.
- What the regional split looks like (2026): PV modules (panels) leads, holding roughly 40% of segment value — the single largest regional share. Batteries is the second-largest contributor. Inverters, Racking and Other Components make up the remainder, in descending order.
- By 2030, PV modules (panels) alone is expected to reach USD 414 Mn, with Batteries at USD 309 Mn.
Market Dynamics
Across all 5 series, PV modules (panels) sits on top as of 2030: 414.34M USD, or 40% of everything shown here combined.
Second place: Batteries, 308.93M USD, trailing PV modules (panels) by 25%.
PV modules (panels) grows to 414.34M USD by 2030, from 229.13M USD in 2019 — 81% up.
Batteries: 165.81M USD to 308.93M USD, 86% higher by 2030.
Inverters climbs from 98.31M USD (2019) to 186.03M USD (2030), a 89% gain.
Racking: 45.73M USD in 2019 to 84.05M USD by 2030, up 84%.
Other Components: up 87% over the period, 22.94M USD to 42.98M USD.
Inverters outpaces every other series here, 89% growth — worth watching even if it is not the biggest in absolute terms yet.
Across the full group, the combined total moves from 561.92M USD in 2019 to 1.04B USD in 2030 — a 84% change.
Who Leads, And By How Much
This chart compares 5 series side by side, not one trend over time. Read them against each other — the biggest number in the room is not automatically the most important line to follow.
The largest series today is not guaranteed to stay largest — check the growth rate of each group, not just its current size, before projecting the ranking forward.
For planning purposes, the end-year figure and the growth rate are the two numbers that matter. Together they show how large the Japan Solar PV Mounting Systems market is projected to become and how quickly it gets there.
The numbers here come from a market sizing model: historical revenue estimates up to the 2018 base year, then forecasts through 2030 using growth-rate assumptions for each segment. The underlying report explains the methodology in detail.
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Noah Malgeri
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.