Solar Tracker (Single Axis And Dual Axis) Market

By Type;

Dual Axis and Single Axis

By Technology;

Concentrator Photovoltaic and Solar Photovoltaic

By Application;

Non-Utility and Utility

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn906992523 Published Date: September, 2025 Updated Date: November, 2025

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 Period2025 - 2031
Base Year2024
CAGR (%)19.9 %
Market Size (2024)USD 8,109.14 Million
Market Size (2031)USD 28,803.21 Million
Market ConcentrationLow
Report Pages325
8,109.14
2024
28,803.21
2031

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 Efficiency

With 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 Integration

Advancements 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 Trackers

Single 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.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Solar Tracker (Single Axis And Dual Axis) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Solar Energy Adoption
        2. Technological Advancements
        3. Cost Reductions
        4. Government Incentives and Policies
      2. Restraints
        1. High Initial Investment
        2. Complexity in Installation and Maintenance
        3. Land Use and Space Requirements
        4. Environmental and Site Constraints
      3. Oppotunities
        1. Focus on Sustainability and Environmental Impact
        2. Growing Utility-Scale Solar Installations
        3. Integration with Energy Storage Systems
        4. Expansion into Emerging Markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Solar Tracker (Single Axis And Dual Axis) Market, By Type, 2021 - 2031 (USD Million)
      1. Dual Axis
      2. Single Axis
    2. Solar Tracker (Single Axis And Dual Axis) Market, By Technology, 2021 - 2031 (USD Million)
      1. Concentrator Photovoltaic
      2. Solar Photovoltaic
    3. Solar Tracker (Single Axis And Dual Axis) Market, By Application, 2021 - 2031 (USD Million)
      1. Non-Utility
      2. Utility
    4. Solar Tracker (Single Axis And Dual Axis) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Nextracker
      2. Arctech Solar
      3. Array Technologies
      4. GameChange Solar
      5. PV Hardware
      6. Soltec
      7. Trina Solar
      8. AllEarth Renewables
      9. Powerway Renewable Energy
      10. DEGERenergie
      11. Axial Structural Solutions
      12. Terrasmart
      13. Optimum Tracker
      14. Scorpius Trackers
      15. Mechatron Sun Energy
  7. Analyst Views
  8. Future Outlook of the Market