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

Key Insights

The U.S. Solar Tracker Market size was valued at USD 3.36 USD Billion in 2023 and is projected to reach USD 8.64 USD Billion by 2032, exhibiting a CAGR of 14.45 % during the forecast period. A solar tracking system is a device that works to track the movement of the sun in order to ensure that the systems in place such as solar panels or mirrored glass are facing the sun for maximum energy capture. It is mainly used in photovoltaic (PV)systems and concentrated solar power (CSP) plants. Solar trackers come in two main types, single-axis tracker and dual-axis tracker. In single-axis tracker, the panels of the solar panels can move in one direction only, usually horizontal to track the movement of the sun. The benefits of solar trackers are that they are more effective than fixed-tilt systems given that they may change positions to enhance light collectiveness throughout the day. Recently, the U. S. market has observed quite a boost in the utilization rates of solar trackers since the consideration of these factors helps increase the effectiveness of solar power systems. It is a concerning trend that also represents an increasing focus on getting the most out of renewable power, as well as on the financial performance of the solar power plants in the country.

U.S. Solar Tracker Trends

• Increasing installation of utility-scale solar projects due to favorable government policies and incentives.
• Technological advancements in solar trackers to enhance energy yield and reduce costs.
• Growing adoption of single-axis trackers due to their cost-effectiveness and efficiency compared to dual-axis trackers.

Driving Forces: What's Propelling the U.S. Solar Tracker Market

• Government Incentives and Tax Credits: Federal and state governments continue to offer incentives, tax credits, and rebates to encourage the adoption of solar energy, making it more accessible and financially viable for businesses and homeowners.
• Technological Advancements: Innovations in solar panel design, module efficiency, and tracking technology have significantly reduced the cost of solar power while enhancing its performance and reliability.
• Environmental Considerations: Growing awareness of climate change and the need for cleaner energy sources is driving demand for solar trackers as an environmentally friendly alternative to fossil fuels.
• Increased Energy Efficiency: Solar trackers maximize solar energy capture by aligning the panels with the sun's movement, resulting in higher energy production and reduced reliance on traditional power sources.
• Cost Optimization: The long-term cost-effectiveness of solar trackers over their lifetime makes them an attractive investment for businesses and individuals seeking to reduce energy expenses and improve sustainability.

Challenges and Restraints in the U.S. Solar Tracker Market

• Intermittency of solar power generation, requiring energy storage systems.
• Land availability and competition with other land uses.
• Impact of geopolitical factors on supply chain and pricing.

Emerging Trends in U.S. Solar Tracker Industry

• Integration of artificial intelligence (AI) to optimize solar tracking performance.
• Development of bifacial solar trackers to capture sunlight from both sides of the panels.
• Growing use of advanced materials, such as carbon fiber, to reduce weight and improve durability.

Growth Catalysts in U.S. Solar Tracker Market Industry

• Rising awareness of the benefits of solar energy.
• Technological advancements in solar tracking systems.
• Increasing demand for renewable energy storage solutions.

Market Segmentation: U.S. Solar Tracker Analysis

By Type:

• Photovoltaic (pv)

By Movement:

• Single Axis
• Dual Axis

By Application:

• Utility
• Non-utility

Leading Players in the U.S. Solar Tracker Market

• Nextracker (U.S.)
• Array Technologies (U.S.)
• SunPower Corporation (U.S.)
• Arctech Solar (U.S.)
• OTT HydroMet B.V. (Netherlands)
• Sun Action Trackers (U.S.)
• Trina Solar (China)
• Soltec (Spain)
• Solar Steel (Spain)
• PV Hardware (Spain)

Significant Developments in the U.S. Solar Tracker Sector

• Array Technologies partners with Lock Joint Tube to secure steel supply from dedicated Texas mill.
• Array Technologies opens solar tracker torque tube factory in Texas, utilizing steel from nearby sources.
• NexTracker partners with MSS Steel Tubes to establish low-carbon steel components manufacturing facility in Tennessee.