Solar Tracker (Single Axis And Dual Axis) Market
By Type;
Dual Axis and Single AxisBy Technology;
Concentrator Photovoltaic and Solar PhotovoltaicBy Application;
Non-Utility and UtilityBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Solar Tracker (Single Axis And Dual Axis) Market Overview
Solar Tracker (Single Axis And Dual Axis) Market (USD Million)
Solar Tracker (Single Axis And Dual Axis) Market was valued at USD 8,109.14 million in the year 2024. The size of this market is expected to increase to USD 28,803.21 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 19.9%.
Solar Tracker (Single Axis And Dual Axis) Market
*Market size in USD million
CAGR 19.9 %
| Study Period | 2025 - 2031 | 
|---|---|
| Base Year | 2024 | 
| CAGR (%) | 19.9 % | 
| Market Size (2024) | USD 8,109.14 Million | 
| Market Size (2031) | USD 28,803.21 Million | 
| Market Concentration | Low | 
| Report Pages | 325 | 
Major Players
- SunPower CorporationSunEdison
- Soitec SA
- First Solar
- Yingli Solar
- Amonix Inc
- BrightSource Energy Inc
- Mecasolar
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Solar Tracker (Single Axis And Dual Axis) Market
Fragmented - Highly competitive market without dominant players
The Solar Tracker Market continues to expand with increasing demand for high-efficiency solar solutions. Single axis and dual axis trackers enhance performance by adjusting solar panels toward sunlight, achieving nearly 30% higher energy output. Their role is central to maximizing renewable energy generation.
Rising Demand for EfficiencyWith the growing need for optimized power generation, around 45% of new solar projects now adopt tracker systems. These solutions deliver higher yields without requiring additional land, supporting the push for sustainable and scalable renewable power infrastructure.
Technological IntegrationAdvancements such as AI-based tracking, IoT connectivity, and automated control are boosting adoption. Nearly 40% of installations feature these innovations, improving accuracy, lowering maintenance, and driving long-term cost efficiency while ensuring uninterrupted energy production.
Adoption of Single & Dual Axis TrackersSingle axis trackers currently lead with about 60% adoption due to their affordability and efficiency benefits. Meanwhile, dual axis trackers are capturing nearly 35% of demand, valued for their ability to deliver superior energy performance in utility-scale projects.
Solar Tracker (Single Axis And Dual Axis) Market Key Takeaways
-  The solar tracker market is experiencing rapid growth due to increasing demand for renewable energy sources and advancements in solar technology. Both single-axis and dual-axis trackers offer significant improvements in the efficiency of solar power generation, making solar energy a more competitive alternative to traditional energy sources. 
-  Single-axis trackers are the most commonly used systems due to their cost-effectiveness and simpler design. These systems move the solar panels on one axis, typically from east to west, increasing energy capture by approximately 25-35% compared to fixed-tilt solar systems. They are particularly popular in utility-scale installations due to their relatively low cost and reliable performance. 
-  Dual-axis trackers, on the other hand, are more complex and expensive but offer a higher energy yield by adjusting the panels both horizontally and vertically. These systems are capable of tracking the sun more precisely, maximizing solar energy capture by up to 40% and are particularly advantageous in regions with high solar irradiance, where every bit of energy production is crucial. 
-  The Middle East, Asia-Pacific, and North America are key regions driving the growth of the solar tracker market. In particular, the Middle East and Asia-Pacific are benefiting from an abundance of sunlight and strong government policies supporting the transition to renewable energy. As these regions continue to expand their solar energy capabilities, the demand for both single-axis and dual-axis trackers is expected to rise significantly. 
-  Technological advancements are a major driving force behind the market’s expansion. Innovations in tracker design and materials have made solar trackers more affordable, durable, and efficient. For example, the development of more robust and weather-resistant materials has improved the longevity and reliability of both single-axis and dual-axis trackers, allowing them to perform optimally in harsh environmental conditions. 
-  While the benefits of solar trackers are clear, challenges such as high initial investment costs and the need for more frequent maintenance compared to fixed-tilt systems continue to present barriers to adoption, especially in cost-sensitive markets. However, the reduction in costs over time, along with the long-term energy savings, is helping to offset these challenges and make solar trackers a more attractive option in the long run. 
-  Looking forward, the growth of the solar tracker market will be influenced by both technological innovations and favorable government policies. Companies that can provide integrated solutions—combining tracker systems, installation services, and ongoing maintenance—are likely to capture a larger share of the market. Partnerships between manufacturers and energy providers will be crucial in accelerating the adoption of solar trackers, as these systems continue to play a pivotal role in optimizing solar energy production worldwide. 
Solar Tracker (Single Axis And Dual Axis) Market Recent Developments
-  In November 2023, Soltec introduced its SF7 tracker, featuring a lightweight and modular design, enabling efficient installation and maximizing energy output. 
-  In July 2021, Array Technologies launched its DuraTrack HZ v3 tracker, incorporating a robust design and advanced tracking technology, enhancing durability and performance in challenging environments. 
Solar Tracker (Single Axis And Dual Axis) Market Segment Analysis
In this report, the Solar Tracker (Single Axis And Dual Axis) Market has been segmented by Type, Technology, Application and Geography.
Solar Tracker (Single Axis And Dual Axis) Market, Segmentation by Type
The market by Type reflects how project owners optimize energy yield against capital and operating cost under diverse site conditions. Procurement strategies increasingly weigh levelized cost of energy (LCOE), terrain adaptability, and balance-of-system simplicity, while policy incentives and interconnection timelines shape adoption. Vendors differentiate on durability, drive precision, and wind stow intelligence, with partnerships across module and inverter ecosystems to accelerate bankability and global expansion.
Dual Axis
Dual-axis systems track the sun on both azimuth and elevation, maximizing irradiance capture for high-value sites or applications requiring extended production windows. Integrators position these solutions where land is constrained, or where capacity factors justify higher CapEx via improved specific yield and peak-shaving benefits. Ongoing improvements in controls, sensors, and structural engineering are addressing maintenance and O&M complexity, expanding feasibility beyond niche deployments and enabling new hybrid and microgrid use cases.
Single Axis
Single-axis trackers remain the mainstream choice in utility PV due to favorable LCOE, streamlined installation, and compatibility with diverse module formats. Suppliers focus on torsional stability, drive reliability, and software-defined stow to mitigate extreme weather while preserving uptime. As developers scale portfolios across varied geographies, standardization, supply chain resilience, and fast commissioning are key advantages, reinforcing single-axis dominance in large-scale ground-mount projects.
Solar Tracker (Single Axis And Dual Axis) Market, Segmentation by Technology
Segmentation by Technology highlights performance needs across photovoltaic architectures and thermal behavior under real-world conditions. System designers align tracker geometry, string sizing, and control algorithms with module characteristics to limit clipping and maximize energy harvest. Collaboration among tracker OEMs, module manufacturers, and EPCs enables bankable designs, while advances in digital twins and SCADA support predictive maintenance and lifecycle value.
Concentrator Photovoltaic
CPV requires precise, high-accuracy tracking to maintain optical alignment, making control systems and structural rigidity critical differentiators. Adoption is oriented to sites with high DNI and clear-sky conditions, where enhanced specific yield can offset project complexity. Integrators emphasize sensor fusion, robust actuators, and fine-tuned control loops to deliver stable performance, while bankability depends on long-term reliability data and O&M discipline.
Solar Photovoltaic
Conventional PV tracking prioritizes energy yield, uptime, and cost efficiency across mono-PERC, TOPCon, and heterojunction modules. Vendors optimize for bifacial gains, row shading, and albedo to improve site-specific returns, integrating advanced stow strategies and grid-aware controls. Partnerships across inverters, storage, and EMS platforms are expanding value stacks, supporting curtailment management and ancillary services participation.
Solar Tracker (Single Axis And Dual Axis) Market, Segmentation by Application
By Application, procurement dynamics differ by project scale, tariff structures, and interconnection pathways. Utility developers emphasize predictable cash flows, EPC repeatability, and logistics, while non-utility customers value site flexibility, lifecycle service, and integration with storage or backup generation. Across both, banks favor robust warranties, certified design, and demonstrated performance in comparable climates.
Non-Utility
Commercial, industrial, and community projects adopt trackers to maximize rooftop-adjacent or ground-mount energy where land is limited and tariffs reward daytime output. Integrators stress permitting agility, compact layouts, and low-touch O&M, leveraging modular architectures to reduce installation time. As enterprises target decarbonization with behind-the-meter assets, trackers paired with battery storage enhance self-consumption and demand-charge management.
Utility
Utility-scale plants prioritize LCOE leadership, high availability, and bankable supply chains capable of multi-GW deployment. Developers evaluate tracker stiffness, wind mitigation, and corrosion protection to ensure durability across harsh sites. Integrated SCADA analytics, predictive maintenance, and lifecycle service models support sustained performance, while standardized designs enable rapid replication and portfolio scaling.
Solar Tracker (Single Axis And Dual Axis) Market, Segmentation by Geography
Geographic dynamics reflect irradiation profiles, policy frameworks, grid capacity, and local cost structures shaping tracker adoption. Markets with strong utility procurement pipelines, supportive land policies, and mature EPC ecosystems scale quickly, while emerging regions pursue trackers to unlock higher capacity factors and improve tariff competitiveness. Vendor strategies balance localization, supply chain resilience, and weather-resilient engineering to meet regional bankability criteria.
Regions and Countries Analyzed in this Report
North America
Adoption is propelled by utility procurements, IRA-linked incentives, and advanced EPC capabilities that favor single-axis architectures for large ground-mount sites. Developers emphasize wind-resilient designs and corrosion protection across diverse climates, while digital O&M and SCADA analytics drive performance. Supply chain localization and multi-year framework agreements strengthen bankability and reduce delivery risk.
Europe
Tracker deployment aligns with national renewable targets, land use considerations, and evolving grid connection processes. Developers balance bifacial optimization with agrivoltaic and repowering opportunities, leveraging trackers to enhance yield where irradiance is moderate. Robust bankability documentation, standardized engineering, and partnerships with regional EPCs underpin scaling across multiple countries.
Asia Pacific
APAC demand spans high-growth utility markets with strong solar pipelines and rapidly expanding manufacturing ecosystems. Trackers compete on LCOE, construction speed, and terrain adaptability, with vendors tailoring solutions for monsoon, dust, and high-temperature conditions. Collaboration with local module and inverter partners, plus service networks, supports reliable operations and portfolio expansion.
Middle East & Africa
High-DNI deserts and utility tenders favor trackers for superior capacity factors and competitive tariffs. Engineering focuses on sand, heat, and wind challenges, with reinforced structures and intelligent stow strategies. Long-term service agreements and bankable references are crucial, while localized assembly and partnerships enhance cost competitiveness and project delivery.
Latin America
Growth is supported by merchant and PPA-driven projects seeking improved energy yield under competitive pricing. Trackers optimized for bifacial gains and challenging terrain enable attractive LCOE outcomes, while developers prioritize grid integration and resilient logistics. Country-specific financing frameworks and experienced EPC partners determine speed to market and long-term reliability.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Solar Tracker (Single Axis And Dual Axis) Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunities Analysis
Drivers:
- Increasing Solar Energy Adoption
- Technological Advancements
- Cost Reductions
-  Government Incentives and Policies - Supportive government policies and incentives are instrumental in fostering the growth of the solar tracker market. Across various regions, governments are implementing measures to promote renewable energy adoption and combat climate change. Subsidies, tax credits, and feed-in tariffs are commonly used financial incentives to offset the initial investment costs associated with installing solar energy systems, including solar trackers. These incentives make solar energy projects more financially viable for investors and developers, driving increased deployment of solar tracker technology. Moreover, renewable energy targets set by governments provide clear benchmarks for transitioning towards cleaner energy sources, creating a favorable environment for the adoption of solar trackers as part of larger solar energy infrastructure projects. In addition to financial incentives, regulatory measures also play a crucial role in driving market growth. Governments may enact regulations mandating the use of renewable energy or setting renewable portfolio standards, requiring utilities and developers to incorporate solar energy into their energy portfolios. As a result, there is a growing demand for solar trackers to optimize the performance and efficiency of solar installations. By aligning regulatory frameworks with sustainability goals, governments incentivize the integration of solar tracker technology, thereby stimulating market growth and contributing to the global transition towards cleaner and more sustainable energy sources. 
Restraints:
- High Initial Investment
- Complexity in Installation and Maintenance
- Land Use and Space Requirements
-  Environmental and Site Constraints - Environmental and site-specific constraints pose significant challenges to the installation and operation of solar trackers. Terrain irregularities, such as sloping terrain or rocky surfaces, can complicate the installation process and may require additional engineering solutions to ensure the stability and functionality of the solar tracking system. Shading from nearby structures or vegetation can also diminish the effectiveness of solar tracking technology by obstructing sunlight and reducing the energy yield of solar panels. To mitigate these issues, careful site selection and thorough shading analysis are essential to optimize the placement of solar tracker installations and maximize solar exposure. Furthermore, local weather conditions can impact the performance of solar trackers, particularly in regions prone to extreme weather events such as high winds, heavy precipitation, or frequent cloud cover. Severe weather conditions can pose risks to the structural integrity of solar trackers and may necessitate additional reinforcement measures to ensure reliability and safety. Additionally, variations in weather patterns and seasonal changes can affect the efficiency of solar tracking systems, requiring adaptive tracking algorithms to optimize solar panel orientation and maximize energy generation under different environmental conditions. Overall, addressing environmental and site-specific constraints is crucial for the successful deployment and operation of solar trackers, enabling optimal energy production and long-term viability in diverse geographical locations. 
Opportunities:
- Focus on Sustainability and Environmental Impact
- Growing Utility-Scale Solar Installations
- Integration with Energy Storage Systems
-  Expansion into Emerging Markets - Emerging markets, particularly those in Asia-Pacific, Africa, and Latin America, present a fertile ground for the expansion of the solar tracker market. These regions are undergoing rapid industrialization, urbanization, and electrification initiatives, leading to an escalating demand for clean and sustainable energy solutions. As governments and businesses in these areas strive to meet their energy needs while minimizing environmental impact, solar power emerges as a compelling option due to its abundance and accessibility. Consequently, the demand for solar trackers, which enhance the efficiency of solar panel systems, is poised to surge in tandem with the growth of the solar energy sector in these regions. To capitalize on the opportunities presented by emerging markets, companies in the solar tracker industry must adapt their strategies to suit the unique characteristics and requirements of each region. This entails offering tailored solutions that address the specific challenges and preferences prevalent in these markets. Whether it's designing trackers optimized for local weather conditions, providing affordable financing options, or establishing robust distribution networks, companies can carve out a niche and gain a competitive advantage by catering to the distinct needs of emerging economies. By strategically expanding into these markets and forging partnerships with local stakeholders, solar tracker manufacturers can not only tap into new revenue streams but also contribute to the widespread adoption of renewable energy on a global scale. 
Solar Tracker (Single Axis and Dual Axis) Market Competitive Landscape Analysis
Solar Tracker (Single Axis and Dual Axis) Market is experiencing significant growth as the demand for renewable energy sources intensifies. Strategic partnerships and technological innovations are enhancing the efficiency of solar installations. Mergers and acquisitions are reshaping market dynamics, aiming to strengthen capabilities in solar infrastructure development, thereby driving the adoption of advanced tracking systems.
Market Structure and Concentration
The Solar Tracker Market exhibits a moderately concentrated structure, with leading companies holding a substantial market share. This concentration enables key players to influence growth trends, implement effective strategies, and foster innovation, while smaller regional participants rely on niche solutions and localized partnerships to strengthen their market presence.
Brand and Channel Strategies
Leading brands employ multi-channel strategies combining direct sales, distributor networks, and digital marketing. Over 50% of companies focus on strategic partnerships to expand market reach and reinforce brand equity. These approaches ensure sustainable growth and enhance competitiveness by meeting diverse consumer needs across regions.
Innovation Drivers and Technological Advancements
Technological advancements drive market growth, with about 45% of investments allocated to developing high-efficiency tracking systems and smart processing technologies. Continuous innovation in product formulations and sustainable solutions enhances market growth and fosters partnerships between research institutions and industry leaders, shaping the future trajectory of the sector.
Regional Momentum and Expansion
Regional expansion plays a critical role, with key markets contributing over 55% of total revenue. Companies leverage local partnerships and infrastructure initiatives to strengthen penetration and drive growth. Strategic collaboration accelerates regional adoption, promoting sustainable consumption patterns and reinforcing competitive positioning in emerging markets.
Future Outlook
The market's future outlook indicates sustained growth driven by continuous innovation and strategic partnerships. With mergers and collaborative strategies projected to rise by over 35%, companies are well-positioned to leverage technological advancements and regional expansion, solidifying their leadership and shaping long-term market trajectories.
Key players in Solar Tracker (Single Axis And Dual Axis) Market include:
- Nextracker
- Arctech Solar
- Array Technologies
- GameChange Solar
- PV Hardware
- Soltec
- Trina Solar
- AllEarth Renewables
- Powerway Renewable Energy
- DEGERenergie
- Axial Structural Solutions
- Terrasmart
- Optimum Tracker
- Scorpius Trackers
- Mechatron Sun Energy
In this report, the profile of each market player provides following information:
- Market Share Analysis
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction - Research Objectives and Assumptions
- Research Methodology
- Abbreviations
 
- Market Definition & Study Scope
- Executive Summary - Market Snapshot, By Type
- Market Snapshot, By Technology
- Market Snapshot, By Application
- Market Snapshot, By Region
 
- Solar Tracker (Single Axis And Dual Axis) Market Dynamics - Drivers, Restraints and Opportunities - Drivers - Increasing Solar Energy Adoption
- Technological Advancements
- Cost Reductions
- Government Incentives and Policies
 
- Restraints - High Initial Investment
- Complexity in Installation and Maintenance
- Land Use and Space Requirements
- Environmental and Site Constraints
 
- Oppotunities - Focus on Sustainability and Environmental Impact
- Growing Utility-Scale Solar Installations
- Integration with Energy Storage Systems
- Expansion into Emerging Markets
 
 
- Drivers 
- PEST Analysis - Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
 
- Porter's Analysis - Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
 
 
- Drivers, Restraints and Opportunities 
- Market Segmentation - Solar Tracker (Single Axis And Dual Axis) Market, By Type, 2021 - 2031 (USD Million) - Dual Axis
- Single Axis
 
- Solar Tracker (Single Axis And Dual Axis) Market, By Technology, 2021 - 2031 (USD Million) - Concentrator Photovoltaic
- Solar Photovoltaic
 
- Solar Tracker (Single Axis And Dual Axis) Market, By Application, 2021 - 2031 (USD Million) - Non-Utility
- Utility
 
- Solar Tracker (Single Axis And Dual Axis) Market, By Geography, 2021 - 2031 (USD Million) - North America - United States
- Canada
 
- Europe - Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
 
- Asia Pacific - Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
 
- Middle East & Africa - GCC
- Israel
- South Africa
- Rest of Middle East & Africa
 
- Latin America - Brazil
- Mexico
- Argentina
- Rest of Latin America
 
 
- North America 
 
- Solar Tracker (Single Axis And Dual Axis) Market, By Type, 2021 - 2031 (USD Million) 
- Competitive Landscape - Company Profiles - Nextracker
- Arctech Solar
- Array Technologies
- GameChange Solar
- PV Hardware
- Soltec
- Trina Solar
- AllEarth Renewables
- Powerway Renewable Energy
- DEGERenergie
- Axial Structural Solutions
- Terrasmart
- Optimum Tracker
- Scorpius Trackers
- Mechatron Sun Energy
 
 
- Company Profiles 
- Analyst Views
- Future Outlook of the Market


 Download Sample
Download Sample Add to Cart
Add to Cart