Solar Tracker Installation Market Size & Share Analysis - Growth Trends And Forecast (2024 - 2031)

By Type;

Single Axis-[Horizontal and Vertical] and Dual Axis

By End-Use;

Residential, Commercial and Industrial

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn228486335 Published Date: December, 2025 Updated Date: February, 2026

Solar Tracker Installation Market Overview

Solar Tracker Installation Market (USD Million)

Solar Tracker Installation Market was valued at USD 8,016.89 million in the year 2024. The size of this market is expected to increase to USD 16,855.41 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 11.2%.


Solar Tracker Installation Market

*Market size in USD million

CAGR 11.2 %


Study Period2026 - 2032
Base Year2025
CAGR (%)11.2 %
Market Size (2025)USD 8,016.89 Million
Market Size (2032)USD 16,855.41 Million
Market ConcentrationLow
Report Pages380
8,016.89
2025
16,855.41
2032

Major Players

  • Abengoa SE
  • First Solar, Inc
  • Tata Power Solar Systems Limited
  • Trina Solar Co. Ltd
  • BrightSource Energy
*Competitors List Not Exhaustive

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Solar Tracker Installation Market

Fragmented - Highly competitive market without dominant players


The Solar Tracker Installation Market continues to expand as demand for higher solar efficiency accelerates. These systems can boost output by 25%–35%, making them vital in renewable energy projects. Increasing deployment reflects the shift toward advanced installation methods and smarter solar infrastructure.

Rising Demand for Energy Efficiency
The push for optimized energy generation fuels solar tracker installations, with nearly 40% of new projects adopting them. By enabling panels to follow the sun, trackers maximize output, supporting both commercial and large-scale solar facilities in achieving performance targets.

Cost Reduction and Return on Investment
Falling costs have amplified the appeal of solar tracker installations. About 30% of stakeholders highlight enhanced ROI through superior power generation and efficiency gains. These advantages solidify their role as a cost-effective and sustainable energy solution.

Future Growth Prospects
More than 55% of future solar projects are projected to use tracker systems, signaling substantial growth. Continued innovation and rising investments in renewable energy infrastructure will drive further adoption, positioning solar tracker installations as a cornerstone of solar expansion.

  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 End-Use
    3. Market Snapshot, By Region
  4. Solar Tracker Installation Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Solar Energy Demand
        2. Technological Advancements
        3. Cost Reductions
        4. upportive Government Policies and Incentives
      2. Restraints
        1. High Initial Investment
        2. Complexity and Maintenance
        3. Land Use and Site Constraints
        4. Supply Chain Disruptions
      3. Opportunities
        1. Utility-Scale Solar Projects Expansion
        2. Government Incentives and Policies
        3. Emerging Markets Growth
        4. Integration with Energy Storage Solutions
    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 Installation Market, By Type, 2021 - 2031 (USD Million)
      1. Single Axis
        1. Horizontal
        2. Vertical
      2. Dual Axis
    2. Solar Tracker Installation Market, By End-Use, 2021 - 2031 (USD Million)
      1. Residential
      2. Commercial
      3. Industrial
    3. Solar Tracker Installation 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 Inc. (Flex Ltd.)
      2. Array Technologies, Inc.
      3. Soltec Power Holdings
      4. Arctech Solar Holding Co., Ltd.
      5. GameChange Solar
      6. Convert Italia S.p.A. (Valmont Industries, Inc.)
      7. Ideematec Deutschland GmbH
      8. PV Hardware Solutions S.L.U. (PVH)
      9. STI Norland (Array Technologies)
      10. SunPower Corporation
      11. Trina Solar Co., Ltd.
      12. First Solar, Inc.
      13. FTC Solar, Inc.
      14. Axial Structural Solutions
      15. Solon Group
  7. Analyst Views
  8. Future Outlook of the Market