Solar Tracker Market

Solar Tracker Market 2025-2033 Overview: Trends, Competitor Dynamics, and Opportunities

Solar Tracker Market by Type (Photovoltaic (PV), by Movement (Single Axis, Dual Axis), by Application (Utility, Non-Utility), by North America (U.S., Canada), by Europe (U.K., Germany, France, Italy, Spain, Rest of Europe), by Asia Pacific (China, India, Japan, Australia, Rest of Asia Pacific), by Latin America (Brazil, Mexico, Rest of Latin America), by Middle East & Africa By Type, By Movement, By Application, By Country) (GCC, South Africa, Rest of the Middle East & Africa) Forecast 2026-2034

Jan 25 2026

Base Year: 2025

180 Pages

Solar Tracker Market 2025-2033 Overview: Trends, Competitor Dynamics, and Opportunities

Related Reports

U.S. Solar Tracker Market

U.S. Solar Tracker Market Strategic Insights: Analysis 2025 and Forecasts 2033

Solar Vehicle Market

Solar Vehicle Market Charting Growth Trajectories: Analysis and Forecasts 2025-2033

Solar Simulator Market

Solar Simulator Market Future-proof Strategies: Trends, Competitor Dynamics, and Opportunities 2025-2033

Solar Frames Market

Solar Frames Market Report Probes the 309.73 USD Billion Size, Share, Growth Report and Future Analysis by 2033

Solar Panel Market

Solar Panel Market Analysis Report 2025: Market to Grow by a CAGR of 6.9 to 2033, Driven by Government Incentives, Popularity of Virtual Assistants, and Strategic Partnerships

About Market Research Forecast

MR Forecast provides premium market intelligence on deep technologies that can cause a high level of disruption in the market within the next few years. When it comes to doing market viability analyses for technologies at very early phases of development, MR Forecast is second to none. What sets us apart is our set of market estimates based on secondary research data, which in turn gets validated through primary research by key companies in the target market and other stakeholders. It only covers technologies pertaining to Healthcare, IT, big data analysis, block chain technology, Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), Energy & Power, Automobile, Agriculture, Electronics, Chemical & Materials, Machinery & Equipment's, Consumer Goods, and many others at MR Forecast. Market: The market section introduces the industry to readers, including an overview, business dynamics, competitive benchmarking, and firms' profiles. This enables readers to make decisions on market entry, expansion, and exit in certain nations, regions, or worldwide. Application: We give painstaking attention to the study of every product and technology, along with its use case and user categories, under our research solutions. From here on, the process delivers accurate market estimates and forecasts apart from the best and most meaningful insights.

Products generically come under this phrase and may imply any number of goods, components, materials, technology, or any combination thereof. Any business that wants to push an innovative agenda needs data on product definitions, pricing analysis, benchmarking and roadmaps on technology, demand analysis, and patents. Our research papers contain all that and much more in a depth that makes them incredibly actionable. Products broadly encompass a wide range of goods, components, materials, technologies, or any combination thereof. For businesses aiming to advance an innovative agenda, access to comprehensive data on product definitions, pricing analysis, benchmarking, technological roadmaps, demand analysis, and patents is essential. Our research papers provide in-depth insights into these areas and more, equipping organizations with actionable information that can drive strategic decision-making and enhance competitive positioning in the market.

Solar Tracker Market

Solar Tracker Market 2025-2033 Overview: Trends, Competitor Dynamics, and Opportunities

Jan 25 2026

Base Year: 2025

180 Pages

Solar Tracker Market 2025-2033 Overview: Trends, Competitor Dynamics, and Opportunities

Key Insights

The Solar Tracker Market size was valued at USD 7.88 USD Billion in 2023 and is projected to reach USD 20.08 USD Billion by 2032, exhibiting a CAGR of 14.3 % during the forecast period. Solar tracker is a device with the capacity to turn the solar panels towards the sun so that the amount of electrical power will be increased. The panel's operation is entirely automatized. The motors move the panel's position throughout the day in a way that it faces the sun exactly when it has to. Solar trackers (also called solar tracking devices) are a key part of all solar power systems, whether they are residential/commercial installations or a utility-scale project. These can be in various types including the single or dual-axis tracking which usually have various levels of precision and efficiency. From repetitive activities that were previously conducted manually to the control of the complex systems, AI, in fact, has transformed our human life. The solar tracker is made up of sensors, motors, and control systems that are its main parts. Current tendencies to buy upgraded solar tracking systems with better precision and reliability make up the area for new technologies which is propitious for a market of solar energy in our country.

Solar Tracker Trends

Increasing adoption of single-axis trackers
Growing popularity of dual-axis trackers
Rise of bifacial solar panels
Integration of advanced sensors and analytics

Solar Tracker Market Market Size and Forecast (2024-2030) — Solar Tracker Market Company Market Share

Driving Forces: What's Propelling the Solar Tracker Market

Government incentives and subsidies fostering market growth
Rising global demand for clean and renewable energy sources
Continuous decline in the cost of solar panels, making solar tracking systems more economically viable
Technological advancements enhancing the efficiency and reliability of solar trackers
Increased awareness and concern regarding environmental sustainability and climate change

Challenges and Restraints in Solar Tracker Market

Capital Expenditure: The upfront cost of acquiring and installing solar tracking systems, particularly for utility-scale projects, can be a significant barrier to entry. This includes the cost of the trackers themselves, as well as the associated inverters, mounting structures, and installation labor.
Land Acquisition and Suitability: Limited availability of suitable land, especially in urbanized or agriculturally significant areas, can hinder the widespread adoption of solar trackers. The extensive land footprint required for large solar farms, combined with potential zoning regulations and competing land use interests, presents a considerable challenge.
Technical Expertise and Operational Complexity: The installation, calibration, and ongoing maintenance of solar tracking systems require specialized technical skills. The intricate mechanical and electronic components are susceptible to wear and tear, necessitating regular servicing and prompt repair by trained professionals, which can add to operational expenses.
Environmental and Climatic Vulnerabilities: Solar trackers are exposed to a range of environmental conditions that can impact their performance and longevity. Extreme temperatures, abrasive dust and sand, high winds, and corrosive elements can lead to mechanical failures, reduced efficiency, and increased maintenance needs.
Grid Integration and Intermittency Concerns: While trackers enhance energy yield, the inherent intermittency of solar power remains a challenge for grid stability. Integrating fluctuating solar output into the power grid, especially with the increased energy generated by trackers, requires robust grid management solutions and energy storage capabilities.
Regulatory Hurdles and Policy Uncertainty: Navigating diverse and sometimes evolving regulatory frameworks, permitting processes, and incentive programs across different regions can create uncertainty and delays for solar tracker projects.

Emerging Trends in Solar Tracker

Integration of artificial intelligence (AI) and machine learning (ML)
Development of self-powered trackers
Use of drones for inspection and maintenance
Integration with energy storage systems

Growth Catalysts in Solar Tracker Industry

Government initiatives to promote renewable energy
Falling prices of solar panels and trackers
Increasing demand for distributed generation
Technological innovations and product enhancements

Market Segmentation: Solar Tracker Analysis

Type:

Photovoltaic (pv)

Movement:

Single Axis
Dual Axis

Application:

Utility
Non-Utility

Leading Players in the Solar Tracker Market

NEXTracker (U.S.)
Array Technologies (U.S.)
Trina Solar (China)
SunPower Corporation (U.S.)
ArcelorMittal Projects (Luxembourg)
Soltec (Spain)
PV Hardware (Spain)
Arctech Solar (U.S.)
Solar Steel (Spain)
Ideematec (Germany)
SunPower (U.S.)
Scorpius Trackers (India)
Sun Action Trackers (U.S.)

Significant developments in Solar Tracker Sector

April 2023 - Nextracker Inc. plans to double India's solar tracker manufacturing capacity to 10 gigawatts in the next few years.
February 2023 - PVHardware announced it will build Spain's world’s largest solar tracker factory.

Comprehensive Coverage Solar Tracker Market Report

Market Size & Dynamics: Detailed historical, current, and meticulously projected market size in terms of revenue and volume, offering a granular understanding of market trajectory.
In-depth Segmentation: Comprehensive analysis of the market across key segments including:
- By Tracker Type: Single-axis, Dual-axis, and others.
- By Movement: Horizontal, Vertical, Tilted.
- By Application: Utility-scale, Commercial & Industrial (C&I), Residential.
- By Technology: Light Sensor, GPS, Timer-based.
- By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Growth Catalysts & Restraints: Thorough examination of the primary factors propelling market expansion, alongside an equally detailed exposition of the challenges and restraints impeding growth.
Competitive Intelligence: Strategic insights into the competitive landscape, featuring detailed profiles of leading market participants, their market share analysis, and key strategic initiatives.
Strategic Industry Analysis: Application of established analytical frameworks such as Porter's Five Forces, SWOT, and PESTLE analyses to provide a holistic view of the industry's dynamics and future outlook.
Regional Deep Dive: Granular breakdown of market size, growth rates, and future potential across all major geographical regions, identifying key opportunities and challenges in each.
Emerging Trends & Innovations: Identification and analysis of cutting-edge trends, pioneering technologies, and advancements shaping the future of the solar tracker market, such as AI-powered tracking and integrated energy storage solutions.
Player Profiling: In-depth, data-driven profiles of key industry players, encompassing their financial performance, comprehensive product portfolios, recent developments, and strategic market positioning.

Regional Insight

North America: Leading the market with significant installations and supportive policies
Europe: Growing adoption in countries with high solar irradiance and environmental initiatives
Asia-Pacific: Emerging market with high potential due to increasing renewable energy targets
Latin America: Gaining traction in countries with abundant solar resources and government incentives
Middle East & Africa: Regions with high solar potential, but facing challenges in land availability and infrastructure

Solar Tracker Market Market Share by Region - Global Geographic Distribution — Solar Tracker Market Regional Market Share

Technology Analysis

Tracking mechanisms
Motor systems
Control algorithms
Sensors and data analytics

PESTLE Analysis

Political factors
Economic factors
Social factors
Technological factors
Legal factors
Environmental factors

Portor's Five Force Analysis

Threat of new entrants
Bargaining power of suppliers
Bargaining power of buyers
Threat of substitutes
Rivalry among existing competitors

BCG Matrix

Growth-share matrix of leading players in the solar tracker market

Import & Export Analysis

Trade data and trends of solar trackers
Key exporting and importing countries

Production & Consumption

Production volume and consumption patterns of solar trackers
Capacity utilization and production capacity of key manufacturers

Regulatory Landscape

Government policies and regulations related to solar trackers
Environmental standards and certifications

Geographic Coverage of Solar Tracker Market

Higher Coverage

Lower Coverage

No Coverage

Solar Tracker Market REPORT HIGHLIGHTS

Aspects	Details
Study Period	2020-2034
Base Year	2025
Estimated Year	2026
Forecast Period	2026-2034
Historical Period	2020-2025
Growth Rate	CAGR of 14.3% from 2020-2034
Segmentation	By Type Photovoltaic (PV By Movement Single Axis Dual Axis By Application Utility Non-Utility By Geography North America U.S. Canada Europe U.K. Germany France Italy Spain Rest of Europe Asia Pacific China India Japan Australia Rest of Asia Pacific Latin America Brazil Mexico Rest of Latin America Middle East & Africa By Type, By Movement, By Application, By Country) GCC South Africa Rest of the Middle East & Africa

1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
- 2.1. Introduction
3. Market Dynamics
- 3.1. Introduction
- - 3.2. Market Drivers
  - - 3.2.1. Green Energy Targets to Fuel Investments in Solar Industry
- - 3.3. Market Restrains
  - - 3.3.1. High Investment and Lack of Required Infrastructure Could Impact Market Growth Slightly
- - 3.4. Market Trends
  - - 3.4.1. Integrating Software Technologies to Hold Immense Growth Opportunity
4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
5. Global Solar Tracker Market Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Type
  - 5.1.1. Photovoltaic (PV
- 5.2. Market Analysis, Insights and Forecast - by Movement
  - 5.2.1. Single Axis
  - 5.2.2. Dual Axis
- 5.3. Market Analysis, Insights and Forecast - by Application
  - 5.3.1. Utility
  - 5.3.2. Non-Utility
- 5.4. Market Analysis, Insights and Forecast - by Region
  - 5.4.1. North America
  - 5.4.2. Europe
  - 5.4.3. Asia Pacific
  - 5.4.4. Latin America
  - 5.4.5. Middle East & Africa By Type, By Movement, By Application, By Country)
6. North America Solar Tracker Market Analysis, Insights and Forecast, 2020-2032
- 6.1. Market Analysis, Insights and Forecast - by Type
  - 6.1.1. Photovoltaic (PV
- 6.2. Market Analysis, Insights and Forecast - by Movement
  - 6.2.1. Single Axis
  - 6.2.2. Dual Axis
- 6.3. Market Analysis, Insights and Forecast - by Application
  - 6.3.1. Utility
  - 6.3.2. Non-Utility
7. Europe Solar Tracker Market Analysis, Insights and Forecast, 2020-2032
- 7.1. Market Analysis, Insights and Forecast - by Type
  - 7.1.1. Photovoltaic (PV
- 7.2. Market Analysis, Insights and Forecast - by Movement
  - 7.2.1. Single Axis
  - 7.2.2. Dual Axis
- 7.3. Market Analysis, Insights and Forecast - by Application
  - 7.3.1. Utility
  - 7.3.2. Non-Utility
8. Asia Pacific Solar Tracker Market Analysis, Insights and Forecast, 2020-2032
- 8.1. Market Analysis, Insights and Forecast - by Type
  - 8.1.1. Photovoltaic (PV
- 8.2. Market Analysis, Insights and Forecast - by Movement
  - 8.2.1. Single Axis
  - 8.2.2. Dual Axis
- 8.3. Market Analysis, Insights and Forecast - by Application
  - 8.3.1. Utility
  - 8.3.2. Non-Utility
9. Latin America Solar Tracker Market Analysis, Insights and Forecast, 2020-2032
- 9.1. Market Analysis, Insights and Forecast - by Type
  - 9.1.1. Photovoltaic (PV
- 9.2. Market Analysis, Insights and Forecast - by Movement
  - 9.2.1. Single Axis
  - 9.2.2. Dual Axis
- 9.3. Market Analysis, Insights and Forecast - by Application
  - 9.3.1. Utility
  - 9.3.2. Non-Utility
10. Middle East & Africa By Type, By Movement, By Application, By Country) Solar Tracker Market Analysis, Insights and Forecast, 2020-2032
- 10.1. Market Analysis, Insights and Forecast - by Type
  - 10.1.1. Photovoltaic (PV
- 10.2. Market Analysis, Insights and Forecast - by Movement
  - 10.2.1. Single Axis
  - 10.2.2. Dual Axis
- 10.3. Market Analysis, Insights and Forecast - by Application
  - 10.3.1. Utility
  - 10.3.2. Non-Utility
11. Competitive Analysis
- 11.1. Global Market Share Analysis 2025
- - 11.2. Company Profiles
  - - 11.2.1 NEXTracker (U.S.)
      11.2.1.1. Overview
      11.2.1.2. Products
      11.2.1.3. SWOT Analysis
      11.2.1.4. Recent Developments
      11.2.1.5. Financials (Based on Availability)
    - 11.2.2 Array Technologies (U.S.)
      11.2.2.1. Overview
      11.2.2.2. Products
      11.2.2.3. SWOT Analysis
      11.2.2.4. Recent Developments
      11.2.2.5. Financials (Based on Availability)
    - 11.2.3 Trina Solar (China)
      11.2.3.1. Overview
      11.2.3.2. Products
      11.2.3.3. SWOT Analysis
      11.2.3.4. Recent Developments
      11.2.3.5. Financials (Based on Availability)
    - 11.2.4 SunPower Corporation (U.S.)
      11.2.4.1. Overview
      11.2.4.2. Products
      11.2.4.3. SWOT Analysis
      11.2.4.4. Recent Developments
      11.2.4.5. Financials (Based on Availability)
    - 11.2.5 ArcelorMittal Projects (Luxembourg)
      11.2.5.1. Overview
      11.2.5.2. Products
      11.2.5.3. SWOT Analysis
      11.2.5.4. Recent Developments
      11.2.5.5. Financials (Based on Availability)
    - 11.2.6 Soltec (Spain)
      11.2.6.1. Overview
      11.2.6.2. Products
      11.2.6.3. SWOT Analysis
      11.2.6.4. Recent Developments
      11.2.6.5. Financials (Based on Availability)
    - 11.2.7 Convert Italia (Italy)
      11.2.7.1. Overview
      11.2.7.2. Products
      11.2.7.3. SWOT Analysis
      11.2.7.4. Recent Developments
      11.2.7.5. Financials (Based on Availability)
    - 11.2.8 PV Hardware (Spain)
      11.2.8.1. Overview
      11.2.8.2. Products
      11.2.8.3. SWOT Analysis
      11.2.8.4. Recent Developments
      11.2.8.5. Financials (Based on Availability)
    - 11.2.9 Arctech Solar (U.S.)
      11.2.9.1. Overview
      11.2.9.2. Products
      11.2.9.3. SWOT Analysis
      11.2.9.4. Recent Developments
      11.2.9.5. Financials (Based on Availability)
    - 11.2.10 Solar Steel (Spain)
      11.2.10.1. Overview
      11.2.10.2. Products
      11.2.10.3. SWOT Analysis
      11.2.10.4. Recent Developments
      11.2.10.5. Financials (Based on Availability)
    - 11.2.11 Ideematec (Germany)
      11.2.11.1. Overview
      11.2.11.2. Products
      11.2.11.3. SWOT Analysis
      11.2.11.4. Recent Developments
      11.2.11.5. Financials (Based on Availability)
    - 11.2.12 SunPower (U.S.)
      11.2.12.1. Overview
      11.2.12.2. Products
      11.2.12.3. SWOT Analysis
      11.2.12.4. Recent Developments
      11.2.12.5. Financials (Based on Availability)
    - 11.2.13 Scorpius Trackers (India)
      11.2.13.1. Overview
      11.2.13.2. Products
      11.2.13.3. SWOT Analysis
      11.2.13.4. Recent Developments
      11.2.13.5. Financials (Based on Availability)
    - 11.2.14 Sun Action Trackers (U.S.)
      11.2.14.1. Overview
      11.2.14.2. Products
      11.2.14.3. SWOT Analysis
      11.2.14.4. Recent Developments
      11.2.14.5. Financials (Based on Availability)

List of Figures

Figure 1: Global Solar Tracker Market Revenue Breakdown (USD Billion, %) by Region 2025 & 2033
Figure 2: Global Solar Tracker Market Volume Breakdown (Thousand Units, %) by Region 2025 & 2033
Figure 3: North America Solar Tracker Market Revenue (USD Billion), by Type 2025 & 2033
Figure 4: North America Solar Tracker Market Volume (Thousand Units), by Type 2025 & 2033
Figure 5: North America Solar Tracker Market Revenue Share (%), by Type 2025 & 2033
Figure 6: North America Solar Tracker Market Volume Share (%), by Type 2025 & 2033
Figure 7: North America Solar Tracker Market Revenue (USD Billion), by Movement 2025 & 2033
Figure 8: North America Solar Tracker Market Volume (Thousand Units), by Movement 2025 & 2033
Figure 9: North America Solar Tracker Market Revenue Share (%), by Movement 2025 & 2033
Figure 10: North America Solar Tracker Market Volume Share (%), by Movement 2025 & 2033
Figure 11: North America Solar Tracker Market Revenue (USD Billion), by Application 2025 & 2033
Figure 12: North America Solar Tracker Market Volume (Thousand Units), by Application 2025 & 2033
Figure 13: North America Solar Tracker Market Revenue Share (%), by Application 2025 & 2033
Figure 14: North America Solar Tracker Market Volume Share (%), by Application 2025 & 2033
Figure 15: North America Solar Tracker Market Revenue (USD Billion), by Country 2025 & 2033
Figure 16: North America Solar Tracker Market Volume (Thousand Units), by Country 2025 & 2033
Figure 17: North America Solar Tracker Market Revenue Share (%), by Country 2025 & 2033
Figure 18: North America Solar Tracker Market Volume Share (%), by Country 2025 & 2033
Figure 19: Europe Solar Tracker Market Revenue (USD Billion), by Type 2025 & 2033
Figure 20: Europe Solar Tracker Market Volume (Thousand Units), by Type 2025 & 2033
Figure 21: Europe Solar Tracker Market Revenue Share (%), by Type 2025 & 2033
Figure 22: Europe Solar Tracker Market Volume Share (%), by Type 2025 & 2033
Figure 23: Europe Solar Tracker Market Revenue (USD Billion), by Movement 2025 & 2033
Figure 24: Europe Solar Tracker Market Volume (Thousand Units), by Movement 2025 & 2033
Figure 25: Europe Solar Tracker Market Revenue Share (%), by Movement 2025 & 2033
Figure 26: Europe Solar Tracker Market Volume Share (%), by Movement 2025 & 2033
Figure 27: Europe Solar Tracker Market Revenue (USD Billion), by Application 2025 & 2033
Figure 28: Europe Solar Tracker Market Volume (Thousand Units), by Application 2025 & 2033
Figure 29: Europe Solar Tracker Market Revenue Share (%), by Application 2025 & 2033
Figure 30: Europe Solar Tracker Market Volume Share (%), by Application 2025 & 2033
Figure 31: Europe Solar Tracker Market Revenue (USD Billion), by Country 2025 & 2033
Figure 32: Europe Solar Tracker Market Volume (Thousand Units), by Country 2025 & 2033
Figure 33: Europe Solar Tracker Market Revenue Share (%), by Country 2025 & 2033
Figure 34: Europe Solar Tracker Market Volume Share (%), by Country 2025 & 2033
Figure 35: Asia Pacific Solar Tracker Market Revenue (USD Billion), by Type 2025 & 2033
Figure 36: Asia Pacific Solar Tracker Market Volume (Thousand Units), by Type 2025 & 2033
Figure 37: Asia Pacific Solar Tracker Market Revenue Share (%), by Type 2025 & 2033
Figure 38: Asia Pacific Solar Tracker Market Volume Share (%), by Type 2025 & 2033
Figure 39: Asia Pacific Solar Tracker Market Revenue (USD Billion), by Movement 2025 & 2033
Figure 40: Asia Pacific Solar Tracker Market Volume (Thousand Units), by Movement 2025 & 2033
Figure 41: Asia Pacific Solar Tracker Market Revenue Share (%), by Movement 2025 & 2033
Figure 42: Asia Pacific Solar Tracker Market Volume Share (%), by Movement 2025 & 2033
Figure 43: Asia Pacific Solar Tracker Market Revenue (USD Billion), by Application 2025 & 2033
Figure 44: Asia Pacific Solar Tracker Market Volume (Thousand Units), by Application 2025 & 2033
Figure 45: Asia Pacific Solar Tracker Market Revenue Share (%), by Application 2025 & 2033
Figure 46: Asia Pacific Solar Tracker Market Volume Share (%), by Application 2025 & 2033
Figure 47: Asia Pacific Solar Tracker Market Revenue (USD Billion), by Country 2025 & 2033
Figure 48: Asia Pacific Solar Tracker Market Volume (Thousand Units), by Country 2025 & 2033
Figure 49: Asia Pacific Solar Tracker Market Revenue Share (%), by Country 2025 & 2033
Figure 50: Asia Pacific Solar Tracker Market Volume Share (%), by Country 2025 & 2033
Figure 51: Latin America Solar Tracker Market Revenue (USD Billion), by Type 2025 & 2033
Figure 52: Latin America Solar Tracker Market Volume (Thousand Units), by Type 2025 & 2033
Figure 53: Latin America Solar Tracker Market Revenue Share (%), by Type 2025 & 2033
Figure 54: Latin America Solar Tracker Market Volume Share (%), by Type 2025 & 2033
Figure 55: Latin America Solar Tracker Market Revenue (USD Billion), by Movement 2025 & 2033
Figure 56: Latin America Solar Tracker Market Volume (Thousand Units), by Movement 2025 & 2033
Figure 57: Latin America Solar Tracker Market Revenue Share (%), by Movement 2025 & 2033
Figure 58: Latin America Solar Tracker Market Volume Share (%), by Movement 2025 & 2033
Figure 59: Latin America Solar Tracker Market Revenue (USD Billion), by Application 2025 & 2033
Figure 60: Latin America Solar Tracker Market Volume (Thousand Units), by Application 2025 & 2033
Figure 61: Latin America Solar Tracker Market Revenue Share (%), by Application 2025 & 2033
Figure 62: Latin America Solar Tracker Market Volume Share (%), by Application 2025 & 2033
Figure 63: Latin America Solar Tracker Market Revenue (USD Billion), by Country 2025 & 2033
Figure 64: Latin America Solar Tracker Market Volume (Thousand Units), by Country 2025 & 2033
Figure 65: Latin America Solar Tracker Market Revenue Share (%), by Country 2025 & 2033
Figure 66: Latin America Solar Tracker Market Volume Share (%), by Country 2025 & 2033
Figure 67: Middle East & Africa By Type, By Movement, By Application, By Country) Solar Tracker Market Revenue (USD Billion), by Type 2025 & 2033
Figure 68: Middle East & Africa By Type, By Movement, By Application, By Country) Solar Tracker Market Volume (Thousand Units), by Type 2025 & 2033
Figure 69: Middle East & Africa By Type, By Movement, By Application, By Country) Solar Tracker Market Revenue Share (%), by Type 2025 & 2033
Figure 70: Middle East & Africa By Type, By Movement, By Application, By Country) Solar Tracker Market Volume Share (%), by Type 2025 & 2033
Figure 71: Middle East & Africa By Type, By Movement, By Application, By Country) Solar Tracker Market Revenue (USD Billion), by Movement 2025 & 2033
Figure 72: Middle East & Africa By Type, By Movement, By Application, By Country) Solar Tracker Market Volume (Thousand Units), by Movement 2025 & 2033
Figure 73: Middle East & Africa By Type, By Movement, By Application, By Country) Solar Tracker Market Revenue Share (%), by Movement 2025 & 2033
Figure 74: Middle East & Africa By Type, By Movement, By Application, By Country) Solar Tracker Market Volume Share (%), by Movement 2025 & 2033
Figure 75: Middle East & Africa By Type, By Movement, By Application, By Country) Solar Tracker Market Revenue (USD Billion), by Application 2025 & 2033
Figure 76: Middle East & Africa By Type, By Movement, By Application, By Country) Solar Tracker Market Volume (Thousand Units), by Application 2025 & 2033
Figure 77: Middle East & Africa By Type, By Movement, By Application, By Country) Solar Tracker Market Revenue Share (%), by Application 2025 & 2033
Figure 78: Middle East & Africa By Type, By Movement, By Application, By Country) Solar Tracker Market Volume Share (%), by Application 2025 & 2033
Figure 79: Middle East & Africa By Type, By Movement, By Application, By Country) Solar Tracker Market Revenue (USD Billion), by Country 2025 & 2033
Figure 80: Middle East & Africa By Type, By Movement, By Application, By Country) Solar Tracker Market Volume (Thousand Units), by Country 2025 & 2033
Figure 81: Middle East & Africa By Type, By Movement, By Application, By Country) Solar Tracker Market Revenue Share (%), by Country 2025 & 2033
Figure 82: Middle East & Africa By Type, By Movement, By Application, By Country) Solar Tracker Market Volume Share (%), by Country 2025 & 2033

List of Tables

Table 1: Global Solar Tracker Market Revenue USD Billion Forecast, by Type 2020 & 2033
Table 2: Global Solar Tracker Market Volume Thousand Units Forecast, by Type 2020 & 2033
Table 3: Global Solar Tracker Market Revenue USD Billion Forecast, by Movement 2020 & 2033
Table 4: Global Solar Tracker Market Volume Thousand Units Forecast, by Movement 2020 & 2033
Table 5: Global Solar Tracker Market Revenue USD Billion Forecast, by Application 2020 & 2033
Table 6: Global Solar Tracker Market Volume Thousand Units Forecast, by Application 2020 & 2033
Table 7: Global Solar Tracker Market Revenue USD Billion Forecast, by Region 2020 & 2033
Table 8: Global Solar Tracker Market Volume Thousand Units Forecast, by Region 2020 & 2033
Table 9: Global Solar Tracker Market Revenue USD Billion Forecast, by Type 2020 & 2033
Table 10: Global Solar Tracker Market Volume Thousand Units Forecast, by Type 2020 & 2033
Table 11: Global Solar Tracker Market Revenue USD Billion Forecast, by Movement 2020 & 2033
Table 12: Global Solar Tracker Market Volume Thousand Units Forecast, by Movement 2020 & 2033
Table 13: Global Solar Tracker Market Revenue USD Billion Forecast, by Application 2020 & 2033
Table 14: Global Solar Tracker Market Volume Thousand Units Forecast, by Application 2020 & 2033
Table 15: Global Solar Tracker Market Revenue USD Billion Forecast, by Country 2020 & 2033
Table 16: Global Solar Tracker Market Volume Thousand Units Forecast, by Country 2020 & 2033
Table 17: U.S. Solar Tracker Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
Table 18: U.S. Solar Tracker Market Volume (Thousand Units) Forecast, by Application 2020 & 2033
Table 19: Canada Solar Tracker Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
Table 20: Canada Solar Tracker Market Volume (Thousand Units) Forecast, by Application 2020 & 2033
Table 21: Global Solar Tracker Market Revenue USD Billion Forecast, by Type 2020 & 2033
Table 22: Global Solar Tracker Market Volume Thousand Units Forecast, by Type 2020 & 2033
Table 23: Global Solar Tracker Market Revenue USD Billion Forecast, by Movement 2020 & 2033
Table 24: Global Solar Tracker Market Volume Thousand Units Forecast, by Movement 2020 & 2033
Table 25: Global Solar Tracker Market Revenue USD Billion Forecast, by Application 2020 & 2033
Table 26: Global Solar Tracker Market Volume Thousand Units Forecast, by Application 2020 & 2033
Table 27: Global Solar Tracker Market Revenue USD Billion Forecast, by Country 2020 & 2033
Table 28: Global Solar Tracker Market Volume Thousand Units Forecast, by Country 2020 & 2033
Table 29: U.K. Solar Tracker Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
Table 30: U.K. Solar Tracker Market Volume (Thousand Units) Forecast, by Application 2020 & 2033
Table 31: Germany Solar Tracker Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
Table 32: Germany Solar Tracker Market Volume (Thousand Units) Forecast, by Application 2020 & 2033
Table 33: France Solar Tracker Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
Table 34: France Solar Tracker Market Volume (Thousand Units) Forecast, by Application 2020 & 2033
Table 35: Italy Solar Tracker Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
Table 36: Italy Solar Tracker Market Volume (Thousand Units) Forecast, by Application 2020 & 2033
Table 37: Spain Solar Tracker Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
Table 38: Spain Solar Tracker Market Volume (Thousand Units) Forecast, by Application 2020 & 2033
Table 39: Rest of Europe Solar Tracker Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
Table 40: Rest of Europe Solar Tracker Market Volume (Thousand Units) Forecast, by Application 2020 & 2033
Table 41: Global Solar Tracker Market Revenue USD Billion Forecast, by Type 2020 & 2033
Table 42: Global Solar Tracker Market Volume Thousand Units Forecast, by Type 2020 & 2033
Table 43: Global Solar Tracker Market Revenue USD Billion Forecast, by Movement 2020 & 2033
Table 44: Global Solar Tracker Market Volume Thousand Units Forecast, by Movement 2020 & 2033
Table 45: Global Solar Tracker Market Revenue USD Billion Forecast, by Application 2020 & 2033
Table 46: Global Solar Tracker Market Volume Thousand Units Forecast, by Application 2020 & 2033
Table 47: Global Solar Tracker Market Revenue USD Billion Forecast, by Country 2020 & 2033
Table 48: Global Solar Tracker Market Volume Thousand Units Forecast, by Country 2020 & 2033
Table 49: China Solar Tracker Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
Table 50: China Solar Tracker Market Volume (Thousand Units) Forecast, by Application 2020 & 2033
Table 51: India Solar Tracker Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
Table 52: India Solar Tracker Market Volume (Thousand Units) Forecast, by Application 2020 & 2033
Table 53: Japan Solar Tracker Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
Table 54: Japan Solar Tracker Market Volume (Thousand Units) Forecast, by Application 2020 & 2033
Table 55: Australia Solar Tracker Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
Table 56: Australia Solar Tracker Market Volume (Thousand Units) Forecast, by Application 2020 & 2033
Table 57: Rest of Asia Pacific Solar Tracker Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
Table 58: Rest of Asia Pacific Solar Tracker Market Volume (Thousand Units) Forecast, by Application 2020 & 2033
Table 59: Global Solar Tracker Market Revenue USD Billion Forecast, by Type 2020 & 2033
Table 60: Global Solar Tracker Market Volume Thousand Units Forecast, by Type 2020 & 2033
Table 61: Global Solar Tracker Market Revenue USD Billion Forecast, by Movement 2020 & 2033
Table 62: Global Solar Tracker Market Volume Thousand Units Forecast, by Movement 2020 & 2033
Table 63: Global Solar Tracker Market Revenue USD Billion Forecast, by Application 2020 & 2033
Table 64: Global Solar Tracker Market Volume Thousand Units Forecast, by Application 2020 & 2033
Table 65: Global Solar Tracker Market Revenue USD Billion Forecast, by Country 2020 & 2033
Table 66: Global Solar Tracker Market Volume Thousand Units Forecast, by Country 2020 & 2033
Table 67: Brazil Solar Tracker Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
Table 68: Brazil Solar Tracker Market Volume (Thousand Units) Forecast, by Application 2020 & 2033
Table 69: Mexico Solar Tracker Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
Table 70: Mexico Solar Tracker Market Volume (Thousand Units) Forecast, by Application 2020 & 2033
Table 71: Rest of Latin America Solar Tracker Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
Table 72: Rest of Latin America Solar Tracker Market Volume (Thousand Units) Forecast, by Application 2020 & 2033
Table 73: Global Solar Tracker Market Revenue USD Billion Forecast, by Type 2020 & 2033
Table 74: Global Solar Tracker Market Volume Thousand Units Forecast, by Type 2020 & 2033
Table 75: Global Solar Tracker Market Revenue USD Billion Forecast, by Movement 2020 & 2033
Table 76: Global Solar Tracker Market Volume Thousand Units Forecast, by Movement 2020 & 2033
Table 77: Global Solar Tracker Market Revenue USD Billion Forecast, by Application 2020 & 2033
Table 78: Global Solar Tracker Market Volume Thousand Units Forecast, by Application 2020 & 2033
Table 79: Global Solar Tracker Market Revenue USD Billion Forecast, by Country 2020 & 2033
Table 80: Global Solar Tracker Market Volume Thousand Units Forecast, by Country 2020 & 2033
Table 81: GCC Solar Tracker Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
Table 82: GCC Solar Tracker Market Volume (Thousand Units) Forecast, by Application 2020 & 2033
Table 83: South Africa Solar Tracker Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
Table 84: South Africa Solar Tracker Market Volume (Thousand Units) Forecast, by Application 2020 & 2033
Table 85: Rest of the Middle East & Africa Solar Tracker Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
Table 86: Rest of the Middle East & Africa Solar Tracker Market Volume (Thousand Units) Forecast, by Application 2020 & 2033

Methodology

Step 1 - Identification of Relevant Samples Size from Population Database

Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.

Note*: In applicable scenarios

Step 3 - Data Sources

Primary Research

Web Analytics
Survey Reports
Research Institute
Latest Research Reports
Opinion Leaders

Secondary Research

Annual Reports
White Paper
Latest Press Release
Industry Association
Paid Database
Investor Presentations

Step 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.

Frequently Asked Questions

1. What is the projected Compound Annual Growth Rate (CAGR) of the Solar Tracker Market?

The projected CAGR is approximately 14.3%.

2. Which companies are prominent players in the Solar Tracker Market?

Key companies in the market include NEXTracker (U.S.), Array Technologies (U.S.), Trina Solar (China), SunPower Corporation (U.S.), ArcelorMittal Projects (Luxembourg), Soltec (Spain), Convert Italia (Italy), PV Hardware (Spain), Arctech Solar (U.S.), Solar Steel (Spain), Ideematec (Germany), SunPower (U.S.), Scorpius Trackers (India), Sun Action Trackers (U.S.).

3. What are the main segments of the Solar Tracker Market?

The market segments include Type, Movement, Application.

4. Can you provide details about the market size?

The market size is estimated to be USD 7.88 USD Billion as of 2022.

5. What are some drivers contributing to market growth?

Green Energy Targets to Fuel Investments in Solar Industry.

6. What are the notable trends driving market growth?

Integrating Software Technologies to Hold Immense Growth Opportunity.

7. Are there any restraints impacting market growth?

High Investment and Lack of Required Infrastructure Could Impact Market Growth Slightly.

8. Can you provide examples of recent developments in the market?

April 2023 - Nextracker Inc. plans to double India's solar tracker manufacturing capacity to 10 gigawatts in the next few years. They will manufacture the semiconductors under the production-linked incentives scheme and indigenously produce 100% of the products. The company said India's target of 500 GW renewable capacity by 2030 would see at least 7-8 GW of projects annually have trackers.

9. What pricing options are available for accessing the report?

Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4850, USD 5850, and USD 6850 respectively.

10. Is the market size provided in terms of value or volume?

The market size is provided in terms of value, measured in USD Billion and volume, measured in Thousand Units.

11. Are there any specific market keywords associated with the report?

Yes, the market keyword associated with the report is "Solar Tracker Market," which aids in identifying and referencing the specific market segment covered.

12. How do I determine which pricing option suits my needs best?

The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.

13. Are there any additional resources or data provided in the Solar Tracker Market report?

While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.

14. How can I stay updated on further developments or reports in the Solar Tracker Market?

To stay informed about further developments, trends, and reports in the Solar Tracker Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.

Get Free Sample

Pre Order Enquiry Request discount

Pricing

Related Reports

U.S. Solar Tracker Market Strategic Insights: Analysis 2025 and Forecasts 2033

Solar Vehicle Market Charting Growth Trajectories: Analysis and Forecasts 2025-2033

Solar Simulator Market Future-proof Strategies: Trends, Competitor Dynamics, and Opportunities 2025-2033

Solar Frames Market Report Probes the 309.73 USD Billion Size, Share, Growth Report and Future Analysis by 2033

Solar Panel Market Analysis Report 2025: Market to Grow by a CAGR of 6.9 to 2033, Driven by Government Incentives, Popularity of Virtual Assistants, and Strategic Partnerships

Tailored for you

In-depth Analysis Tailored to Specified Regions or Segments
Company Profiles Customized to User Preferences
Comprehensive Insights Focused on Specific Segments or Regions
Customized Evaluation of Competitive Landscape to Meet Your Needs
Tailored Customization to Address Other Specific Requirements

Ask for customization

The response was good, and I got what I was looking for as far as the report. Thank you for that.

Erik Perison

US TPS Business Development Manager at Thermon

As requested- presale engagement was good, your perseverance, support and prompt responses were noted. Your follow up with vm’s were much appreciated. Happy with the final report and post sales by your team.

Shankar Godavarti

Global Product, Quality & Strategy Executive- Principal Innovator at Donaldson

I have received the report already. Thanks you for your help.it has been a pleasure working with you. Thank you againg for a good quality report

Jared Wan

Analyst at Providence Strategic Partners at Petaling Jaya

Solar Tracker Market 2025-2033 Overview: Trends, Competitor Dynamics, and Opportunities

Solar Tracker Market 2025-2033 Overview: Trends, Competitor Dynamics, and Opportunities

Solar Tracker Market 2025-2033 Overview: Trends, Competitor Dynamics, and Opportunities

Related Reports

About Market Research Forecast

Solar Tracker Market 2025-2033 Overview: Trends, Competitor Dynamics, and Opportunities

Solar Tracker Market 2025-2033 Overview: Trends, Competitor Dynamics, and Opportunities