Solar Pile Global Market Report 2024

Description

Solar piles, often referred to as solar foundation piles or solar ground piles, are structural supports specifically designed to anchor solar panel systems, particularly in large-scale ground-mounted solar farms. These piles are either driven or drilled into the ground to serve as the foundation for the mounting racks or frames that hold the solar panels.

The primary types of solar piles include ground-mounted piles, helical or screw piles, and driven piles. Ground-mounted piles are directly installed into the soil to provide stable support for solar panel structures. They are constructed from various materials, such as steel and aluminum, and are utilized across different applications, including utility, residential, commercial, and industrial sectors.

The solar piles market research report is one of a series of new reports from The Business Research Company that provides solar piles market statistics, including solar piles industry global market size, regional shares, competitors with a solar piles market share, detailed solar piles market segments, market trends and opportunities, and any further data you may need to thrive in the solar piles industry. This solar piles market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The solar pile market size has grown strongly in recent years. It will grow from $0.41 billion in 2023 to $0.44 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The growth during the historical period can be attributed to several factors, including the rising adoption of solar energy systems, an increase in government incentives and subsidies for renewable energy, the expansion of large-scale solar farms, efforts to reduce carbon emissions, and heightened environmental awareness among consumers.

The solar pile market size is expected to see strong growth in the next few years. It will grow to $0.64 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The anticipated growth in the forecast period can be attributed to several factors, including the rising demand for solar installations, the expansion of solar energy policies and incentives, the increasing need for renewable energy in emerging regions, a heightened focus on energy independence, and the growth of both residential and commercial solar installations. Key trends expected during this period include the integration of smart technologies for monitoring and maintenance, the development of eco-friendly and sustainable materials, the rise of floating solar panel systems utilizing solar piles, innovations in pile design to accommodate diverse soil conditions, and an emphasis on improving the durability and longevity of solar pile systems.

The increasing demand for solar energy is projected to drive the growth of the solar panel market in the future. Solar energy refers to the power obtained from the sun's radiation, which is converted into electricity or heat using solar panels. This demand is fueled by the environmental advantages of solar energy, decreasing costs of solar technology, and the need for renewable energy sources to mitigate carbon emissions. Solar piles serve as foundational supports for solar panel installations, ensuring the stability and durability of solar farms by anchoring the panels to the ground, even in challenging terrains. For instance, in January 2024, the U.S. Energy Information Administration, a government agency in the U.S., reported that U.S. solar power generation is expected to rise by 75%, increasing from 163 billion kilowatt-hours (kWh) in 2023 to 286 billion kWh by 2025. Consequently, the rising demand for solar energy is driving growth in the solar panel market.

Key companies in the solar pile market are concentrating on developing cutting-edge technologies, such as fully autonomous solar piling systems, aimed at improving efficiency, lowering labor costs, and speeding up the installation process for large-scale solar projects. A fully autonomous solar piling system automates the installation of foundation piles in solar farms, carrying out tasks such as surveying and pile driving without the need for manual intervention. For example, in March 2023, Built Robotics, a U.S.-based robotics engineering firm, introduced the RPD 35, which is the world's first fully autonomous solar piling system designed to significantly accelerate the construction of utility-scale solar foundations. By integrating surveying, pile distribution, driving, and inspection into a single streamlined process, the RPD 35 enables a two-person crew to install over 300 piles daily, achieving speeds up to five times faster than traditional methods. This system utilizes advanced AI, a custom pile cartridge, and RTK GPS technology for precise installation, enhancing efficiency and accuracy in constructing solar farms.

In November 2022, Zetwerk Manufacturing, an India-based manufacturing network company, acquired Unimacts for an undisclosed amount. This acquisition is part of Zetwerk's strategy to accelerate growth and diversification by entering new markets, particularly in renewable energy. The move provides Zetwerk immediate access to Unimacts' significant solar and wind power clients and consolidated demand. Unimacts is a U.S.-based manufacturing services firm that specializes in solar piles.

Major companies operating in the solar pile market are MacLean Power System, TorcSill Foundations, DFI Piling, ScrewFast Foundations Limited, Keller Group plc, Ventura Electrical Hindustan Limited, Cyntech Group, Cantsink, GoliathTech, Foundation Technologies Inc., Helical Anchors Inc., Salasar Engineering, PierTech, Helical Piles Solutions Ltd., Xiamen Kseng Metal Tech Co Ltd., SOEASY (Xiamen) Technology Co. Ltd., Patriot Foundation Systems, Bhuj Polymers Pvt. Ltd, Heli-Pile, Chance Foundation Solutions, V Star Solar Energy, YC Helical Inc.

Asia-Pacific was the largest region in the solar pile market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the solar pile market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the solar pile market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The solar pile market consists of sales of mounting brackets and clamps, ground screws, and base plates. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Solar Pile Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on solar pile market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
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Where is the largest and fastest growing market for solar pile ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The solar pile market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Type: Ground-Mounted Piles; Helical Piles Or Screw Piles; Driven Piles
2) By Material: Steel; Aluminum; Other Materials
3) By Application: Utility; Residential; Commercial; Industrial
Companies Mentioned: MacLean Power System; TorcSill Foundations; DFI Piling; ScrewFast Foundations Limited; Keller Group plc
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r20369

1. Executive Summary

2. Solar Pile Market Characteristics

3. Solar Pile Market Trends And Strategies

4. Solar Pile Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Solar Pile Market Size and Growth

5.1. Global Solar Pile Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Solar Pile Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Solar Pile Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Solar Pile Market Segmentation

6.1. Global Solar Pile Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Ground-Mounted Piles
Helical Piles Or Screw Piles
Driven Piles
6.2. Global Solar Pile Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Steel
Aluminum
Other Materials
6.3. Global Solar Pile Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Utility
Residential
Commercial
Industrial

7. Solar Pile Market Regional And Country Analysis

7.1. Global Solar Pile Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Solar Pile Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Solar Pile Market

8.1. Asia-Pacific Solar Pile Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Solar Pile Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Solar Pile Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Solar Pile Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Solar Pile Market

9.1. China Solar Pile Market Overview
9.2. China Solar Pile Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Solar Pile Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Solar Pile Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Solar Pile Market

10.1. India Solar Pile Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Solar Pile Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Solar Pile Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Solar Pile Market

11.1. Japan Solar Pile Market Overview
11.2. Japan Solar Pile Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Solar Pile Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Solar Pile Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Solar Pile Market

12.1. Australia Solar Pile Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Solar Pile Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Solar Pile Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Solar Pile Market

13.1. Indonesia Solar Pile Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Solar Pile Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Solar Pile Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Solar Pile Market

14.1. South Korea Solar Pile Market Overview
14.2. South Korea Solar Pile Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Solar Pile Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Solar Pile Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Solar Pile Market

15.1. Western Europe Solar Pile Market Overview
15.2. Western Europe Solar Pile Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Solar Pile Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Solar Pile Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Solar Pile Market

16.1. UK Solar Pile Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Solar Pile Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Solar Pile Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Solar Pile Market

17.1. Germany Solar Pile Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Solar Pile Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Solar Pile Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Solar Pile Market

18.1. France Solar Pile Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Solar Pile Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Solar Pile Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Solar Pile Market

19.1. Italy Solar Pile Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Solar Pile Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Solar Pile Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Solar Pile Market

20.1. Spain Solar Pile Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Solar Pile Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Solar Pile Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Solar Pile Market

21.1. Eastern Europe Solar Pile Market Overview
21.2. Eastern Europe Solar Pile Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Solar Pile Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Solar Pile Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Solar Pile Market

22.1. Russia Solar Pile Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Solar Pile Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Solar Pile Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Solar Pile Market

23.1. North America Solar Pile Market Overview
23.2. North America Solar Pile Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Solar Pile Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Solar Pile Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Solar Pile Market

24.1. USA Solar Pile Market Overview
24.2. USA Solar Pile Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Solar Pile Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Solar Pile Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Solar Pile Market

25.1. Canada Solar Pile Market Overview
25.2. Canada Solar Pile Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Solar Pile Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Solar Pile Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Solar Pile Market

26.1. South America Solar Pile Market Overview
26.2. South America Solar Pile Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Solar Pile Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Solar Pile Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Solar Pile Market

27.1. Brazil Solar Pile Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Solar Pile Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Solar Pile Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Solar Pile Market

28.1. Middle East Solar Pile Market Overview
28.2. Middle East Solar Pile Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Solar Pile Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Solar Pile Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Solar Pile Market

29.1. Africa Solar Pile Market Overview
29.2. Africa Solar Pile Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Solar Pile Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Solar Pile Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Solar Pile Market Competitive Landscape And Company Profiles

30.1. Solar Pile Market Competitive Landscape
30.2. Solar Pile Market Company Profiles
- 30.2.1. MacLean Power System
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. TorcSill Foundations
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. DFI Piling
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. ScrewFast Foundations Limited
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Keller Group plc
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Solar Pile Market Other Major And Innovative Companies

31.1. Ventura Electrical Hindustan Limited
31.2. Cyntech Group
31.3. Cantsink
31.4. GoliathTech
31.5. Foundation Technologies Inc.
31.6. Helical Anchors Inc.
31.7. Salasar Engineering
31.8. PierTech
31.9. Helical Piles Solutions Ltd.
31.10. Xiamen Kseng Metal Tech Co Ltd.
31.11. SOEASY (Xiamen) Technology Co. Ltd.
31.12. Patriot Foundation Systems
31.13. Bhuj Polymers Pvt. Ltd
31.14. Heli-Pile
31.15. Chance Foundation Solutions

32. Global Solar Pile Market Competitive Benchmarking

33. Global Solar Pile Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Solar Pile Market

35. Solar Pile Market Future Outlook and Potential Analysis

35.1 Solar Pile Market In 2028 - Countries Offering Most New Opportunities
35.2 Solar Pile Market In 2028 - Segments Offering Most New Opportunities
35.3 Solar Pile Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer