Mexico Solar Tracker Market Overview, 2030

Due primarily to widespread use in northern states like Chihuahua and Sonora, the solar tracker market in Mexico has expanded significantly over the previous ten years. These areas, which are defined by their dry climate and plenty of sunlight, have emerged as the hub of Mexico's solar revolution. They provide vast, level areas, they are perfect for utility-scale solar farms, where sophisticated tracking technologies are integrated to optimize energy output. The early use of trackers in these areas may be attributed to industrial regions, where logistics hubs and manufacturing centers needed dependable, affordable energy options to sustain operational expansion and lessen reliance on fossil fuels. The development of trackers compatible with bifacial solar panels has been one of the major technical accomplishments in the development of Mexico's solar tracker industry. By enabling panels to capture sunlight from both the front and the reflected light from the desert floor below, bifacial technology greatly increases electricity production. The synergy between bifacial panels and advanced trackers is especially beneficial in Mexico's desert terrains, where the high reflectivity (albedo) increases the advantages of this combination. The mining industry's significant use of trackers, particularly in rural areas with limited access to traditional power grids, is a notable characteristic of the tracker market in Mexico. By giving mining operations, a more efficient, sustainable, and less expensive energy option, solar trackers help them achieve both economic and environmental goals. Manufacturers have created tracker systems with dust-resistant designs to overcome the operational difficulties presented by the dusty, dry climates of northern Mexico. These consist of improved sealing systems, strategic tilt angles that promote self-cleaning, and the usage of sturdy, corrosion-resistant materials to increase the lifespan of installations.

According to the research report, ""Mexico Solar Tracker Market Overview, 2030,"" published by Bonafide Research, the Mexico Solar Tracker market is expected to reach a market size of more than USD 800 Million by 2030. The need for dependable, cost-effective, and sustainable energy sources has grown as Mexico consolidates its position as a manufacturing hub for North America, spurred by the nearshoring trend and robust commercial relations with the United States. In order to mitigate the effects of unpredictable fossil fuel prices and lower their carbon footprints in accordance with global supply chain norms, industrial players are increasingly adopting solar energy, especially when paired with tracking systems to boost production. One of the main factors contributing to the increase in energy demand from industrial plants, particularly in northern states like Nuevo León, Chihuahua, and Sonora, where there is a surge in industrial parks and export-oriented manufacturing, is the rising energy demand. In order to assist these industries in maintaining their competitiveness in both the domestic and international markets, solar trackers are essential for maximizing output and reducing operational energy expenses. Mexico's drive for local manufacturing of solar tracker components is furthering market growth. Favorable trade agreements like the USMCA and rising investment in domestic renewable energy supply chains are boosting local production, lowering expenses, and decreasing import dependencies, making trackers more affordable for both large and community-scale projects. Trina Solar and Soltec are two of the major market participants in Mexico, and they have both been at the forefront of providing sophisticated tracking systems. Trina has integrated its tracker solutions with its widely used solar modules to increase system efficiency, while Soltec, which has a significant presence in Latin America, has customized its products for bifacial compatibility. The rise of community solar farms in rural areas is a new trend in the Mexican market.

Solar trackers in Mexico, broken down by axis type is divided into single-axis and dual-axis. Single-axis trackers are now the popular option for large-scale solar installations throughout Mexico, notably in northern states like Sonora, Chihuahua, and Durango, and they dominate the market for solar trackers in the country. These areas, which are defined by wide desert landscapes and high direct normal irradiance (DNI), are perfect for maximizing solar exposure in single-axis systems. Compared to conventional fixed-tilt systems, single-axis trackers follow the sun's trajectory from east to west throughout the day, resulting in a 15–25% increase in energy production. Utility-scale developers find them especially appealing because of their cheaper cost, mechanical simplicity, and ease of maintenance. Many of these developers are providing power to Mexico's expanding industrial base and export-oriented economy. In comparison, dual-axis trackers have been employed more specifically in Mexico's solar industry. These trackers can move in both the horizontal and vertical planes to more accurately follow the sun. Their higher initial costs and increased maintenance needs have restricted their usage in large commercial installations, even though they can produce energy output that is as much as 35–40% higher than that of fixed-tilt systems. On the other hand, dual-axis trackers are preferred for projects with high value, limited space, or off-grid projects where it is essential to maximize every kilowatt of solar electricity generated, such as distant mining operations or specialized research facilities. In Mexico, dual-axis trackers have the benefit of maximizing the performance of bifacial panels by maintaining the ideal tilt for capturing both direct and reflected sunlight, which is especially helpful in the country's high-albedo desert areas. Furthermore, as tracker technology gets more affordable and integrated with automated cleaning and diagnostic systems, there is more potential for dual-axis adoption in niche markets.

Solar photovoltaic (PV) technology, which serves as the foundation for practically all solar energy advancements in Mexico, is the major driver of the market for solar trackers in that nation. Due to its cost-effectiveness, modularity, and compatibility with single-axis trackers, PV technology is the preferred choice for utility-scale and commercial applications. The value proposition of pairing trackers with photovoltaic panels is boosted by Mexico's abundant sunlight, particularly in its northern regions like Chihuahua and Sonora. Due to the widespread use of bifacial PV modules, trackers are now even more crucial in improving system output by capturing both direct sunlight and reflected light from Mexico's desert environments. Trackers in PV systems usually increase electricity output by 15–30% compared to fixed-tilt systems, which translates into substantial financial benefits. Conversely, Concentrated Solar Power (CSP) has a small impact on the solar industry in Mexico. CSP technology, which uses mirrors or lenses to focus sunlight and produce thermal energy, is best suited for regions with extremely high direct normal irradiance (DNI) and large, contiguous land areas. Despite the fact that some areas of Mexico, especially in the north, satisfy these requirements, CSP has been mostly outcompeted for both small and big projects by the decreasing costs and scalability of PV. Furthermore, Mexican developers prioritizing rapid project rollout and ROI find CSP less appealing because it requires substantial upfront funding and sophisticated upkeep. Although it employs sophisticated optics to concentrate sunlight onto high-efficiency solar cells, Concentrated Photovoltaic (CPV) is still an experimental or niche technology in Mexico. In order for accurate solar alignment, CPV systems require dual-axis trackers, but their effectiveness can be limited by the frequent maintenance needs and occasional dust storms that occur in Mexico. Consequently, the use of CPV has been quite restricted, mostly in research or pilot projects.

The solar tracker by installation type is divided into Ground-Mounted and Rooftop-Mounted. The majority of the solar tracker industry in Mexico is centered around ground-mounted installations, notably in utility-scale and big commercial initiatives in the northern states of Sonora, Chihuahua, and Durango. Due to their wide-open areas and strong solar irradiance, these areas are perfect for single-axis tracker systems. Ground-mounted installations are preferred because of their versatility in panel orientation, ease of maintenance, and appropriateness for large projects where maximizing land use efficiency is paramount. These systems, when used with trackers, can produce up to 25–30% more electricity than fixed-tilt systems, making them a great investment, especially for industrial facilities, mining operations, and export-oriented companies that depend on consistent, low-cost energy. Ground-mounted solar farms are becoming more and more important in advancing Mexico's national renewable energy goals by diversifying the energy supply and lowering reliance on fossil fuels. Furthermore, the rise in popularity of community-scale ground-mounted solar farms in rural regions as a means of providing inexpensive power to underserved communities is increasing the need for tracker-equipped systems in utility-scale applications. In contrast, the majority of Mexico's solar installations are located on roofs and are utilized in residential, commercial, and institutional structures, particularly in metropolitan areas. Rooftop tracker adoption is, however, limited by structural restrictions, weight issues, and increased installation and maintenance complexity. Typically, rooftop-mounted systems use fixed-tilt or seasonally adjustable brackets, which strike a fair balance between simplicity and energy production capacity. For the majority of users, the minor increase in energy generation is frequently outweighed by the extra cost and engineering needed to install tracker systems on rooftops. Although ground-mounted systems are currently the most popular, advances in lightweight rooftop tracking technology may increase the use of rooftop trackers in big flat-roof commercial or industrial structures, especially in cases where maximizing each kilowatt-hour of production makes the expense worthwhile.

Considered in this report
• Historic Year: 2019
• Base year: 2024
• Estimated year: 2025
• Forecast year: 2030

Aspects covered in this report
• Solar Tracker Market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Technology
• Solar Photovoltaic (PV)
• Concentrated Solar Power (CSP)
• Concentrated Photovoltaic (CPV)

By Installation Type
• Ground-Mounted
• Rooftop-Mounted Show more