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Global Solar Tracker Market, 2025-2033

Publisher PreciseView Reports
Published Oct 21, 2025
Length 239 Pages
SKU # PCSR20575731

Description

Global Solar Tracker Market, valued at USD 6.5 billion in 2024, is projected to reach USD 13.8 billion by 2033, registering a CAGR of 8.5% during the 2025-2033 forecast period. This solid growth is driven by escalating solar installations surpassing 200 GW annually worldwide, a push for maximized energy harvests through active systems in commercial arrays, and continual cost declines in sensor and AI integrations at a 10% yearly rate. The sector has gained momentum since 2023, supported by renewable policy expansions and launches of adaptive hybrid models for rugged environments. Key trends feature the leadership of single-axis designs for economical utility deployments, photovoltaic setups for their expansive scalability, active mechanisms for real-time precision, and a focus on large-scale solar farms. Lucrative opportunities include renewable drives in Asia Pacific's emerging markets like India for affordable horizontal trackers in home setups, North American advancements in smart grid fusions for business applications, and European hybrid innovations for concentrated power efficiency. However, challenges such as significant upfront investments curbing entry in areas like Latin America, durability issues under extreme weather, and spatial demands for installations persist as key restraints. Asia Pacific holds over 45% of the market, led by China's production strengths and ambitious targets, while North America grows fastest at 9.5% CAGR, fueled by U.S. subsidies and farm expansions.

Strategic segmentations enable precise targeting across types, technologies, drive systems, applications, and regions. Types prioritize single-axis for cost savings, technologies favor photovoltaic for versatility, drive systems emphasize active for accuracy, and applications highlight utility for massive scale, with regional variations-Asia Pacific for dominance, North America for swift progress, and Europe for tech-driven solutions.

Market Segmentation:


By Type:

Single Axis Trackers (Horizontal Single Axis Tracker, Vertical Single Axis Tracker)
Dual Axis Trackers

By Technology:

Photovoltaic
Concentrated Solar Power

By Drive System:

Active Trackers
Passive Trackers

By Application:

Utility
Commercial
Residential

By Region:

North America (United States, Canada, Others)
Europe (United Kingdom, Germany, France, Italy, Spain, Others)
Asia Pacific (China, Japan, India, South Korea, Australia, Others)
Latin America (Brazil, Others)
Middle East & Africa (United Arab Emirates, Others)

Please note: Delivery Timeline: 3-5 Business Days

Table of Contents

239 Pages
Research Objective
MARKET SEGMENTATION
Scope of the Study
Key Questions Answered in the Report
Chapter 1 Research Methodology
1.1 Research Objective
1.2 Market Research Process
1.2.1 Data Procurement and Data Mining
1.2.2 Data Analysis and Standardization
1.2.3 Data Processing and Market Formulation
1.2.4 Data Validation
1.3 Market Research Approach
1.3.1 Residential Research
1.3.2 Commercial Research
1.3.3 Assumptions & Limitations
1.4 Year Considered for the Study
Chapter 2 Executive Summary
2.1 Global Solar Tracker Market Snapshot
2.2 Global Solar Tracker Market
Chapter 3 Market Variables and Scope
3.1 Introduction to Solar Tracker
3.2 Classification and Scope
Chapter 4 Market Dynamics and Trends
4.1 Global Solar Tracker Market Dynamics
4.2 Global Solar Tracker Market Dynamics, Impact Analysis
4.3 Market Drivers
4.3.1 Driver 1
4.3.2 Driver 2
4.4 Market Restraints
4.4.1 Restraint 1
4.4.2 Restraint 2
4.5 Market Opportunity
4.5.1 Opportunity 1
4.5.2 Opportunity 2
Chapter 5 Premium Insights
5.1 Porter’s Five Forces Analysis
5.1.1 Bargaining Power of Suppliers
5.1.2 Bargaining Power of Buyers
5.1.3 Threat of Substitute Types
5.1.4 Rivalry among Existing Firms
5.1.5 Threat of New Entrants
5.2 Supply Chain Analysis
5.3 Market Share Analysis of Key Players, 2024
5.4 Market Entry Strategy Assessment
5.5 Strategic Recommendation for Stakeholders
Chapter 6 Global Solar Tracker Market, By Type
6.1 Global Solar Tracker Market, By Type, 2025 - 2033
6.2 Single Axis Trackers
6.2.1 Horizontal Single Axis Tracker
6.2.2 Vertical Single Axis Tracker
6.3 Dual Axis Trackers
Chapter 7 Global Solar Tracker Market, By Technology
7.1 Global Solar Tracker Market, By Technology, 2025 - 2033
7.2 Photovoltaic
7.3 Concentrated Solar Power
Chapter 8 Global Solar Tracker Market, By Drive System
8.1 Global Solar Tracker Market, By Drive System, 2025 - 2033
8.2 Active Trackers
8.3 Passive Trackers
Chapter 9 Global Solar Tracker Market, By Application
9.1 Global Solar Tracker Market, By Application, 2025 - 2033
9.2 Utility
9.3 Commercial
9.4 Residential
Chapter 10 Global Solar Tracker Market, By Region
10.1 Overview
10.2 North America
10.2.1 North America Solar Tracker Market, By Country
10.2.2 North America Solar Tracker Market, By Type
10.2.3 North America Solar Tracker Market, By Technology
10.2.4 North America Solar Tracker Market, By Drive System
10.2.5 North America Solar Tracker Market, By Application
10.2.6 United States
10.2.6.1 United States Solar Tracker Market, By Type
10.2.6.2 United States Solar Tracker Market, By Technology
10.2.6.3 United States Solar Tracker Market, By Drive System
10.2.6.4 United States Solar Tracker Market, By Application
10.2.7 Canada
10.2.7.1 Canada Solar Tracker Market, By Type
10.2.7.2 Canada Solar Tracker Market, By Technology
10.2.7.3 Canada Solar Tracker Market, By Drive System
10.2.7.4 Canada Solar Tracker Market, By Application
10.2.8 Others
10.2.8.1 Others Solar Tracker Market, By Type
10.2.8.2 Others Solar Tracker Market, By Technology
10.2.8.3 Others Solar Tracker Market, By Drive System
10.2.8.4 Others Solar Tracker Market, By Application
10.3 Europe
10.3.1 Europe Solar Tracker Market, By Country
10.3.2 Europe Solar Tracker Market, By Type
10.3.3 Europe Solar Tracker Market, By Technology
10.3.4 Europe Solar Tracker Market, By Drive System
10.3.5 Europe Solar Tracker Market, By Application
10.3.6 United Kingdom
10.3.6.1 United Kingdom Solar Tracker Market, By Type
10.3.6.2 United Kingdom Solar Tracker Market, By Technology
10.3.6.3 United Kingdom Solar Tracker Market, By Drive System
10.3.6.4 United Kingdom Solar Tracker Market, By Application
10.3.7 Germany
10.3.7.1 Germany Solar Tracker Market, By Type
10.3.7.2 Germany Solar Tracker Market, By Technology
10.3.7.3 Germany Solar Tracker Market, By Drive System
10.3.7.4 Germany Solar Tracker Market, By Application
10.3.8 France
10.3.8.1 France Solar Tracker Market, By Type
10.3.8.2 France Solar Tracker Market, By Technology
10.3.8.3 France Solar Tracker Market, By Drive System
10.3.8.4 France Solar Tracker Market, By Application
10.3.9 Italy
10.3.9.1 Italy Solar Tracker Market, By Type
10.3.9.2 Italy Solar Tracker Market, By Technology
10.3.9.3 Italy Solar Tracker Market, By Drive System
10.3.9.4 Italy Solar Tracker Market, By Application
10.3.10 Spain
10.3.10.1 Spain Solar Tracker Market, By Type
10.3.10.2 Spain Solar Tracker Market, By Technology
10.3.10.3 Spain Solar Tracker Market, By Drive System
10.3.10.4 Spain Solar Tracker Market, By Application
10.3.11 Others
10.3.11.1 Others Solar Tracker Market, By Type
10.3.11.2 Others Solar Tracker Market, By Technology
10.3.11.3 Others Solar Tracker Market, By Drive System
10.3.11.4 Others Solar Tracker Market, By Application
10.4 Asia Pacific
10.4.1 Asia Pacific Solar Tracker Market, By Country
10.4.2 Asia Pacific Solar Tracker Market, By Type
10.4.3 Asia Pacific Solar Tracker Market, By Technology
10.4.4 Asia Pacific Solar Tracker Market, By Drive System
10.4.5 Asia Pacific Solar Tracker Market, By Application
10.4.6 China
10.4.6.1 China Solar Tracker Market, By Type
10.4.6.2 China Solar Tracker Market, By Technology
10.4.6.3 China Solar Tracker Market, By Drive System
10.4.6.4 China Solar Tracker Market, By Application
10.4.7 Japan
10.4.7.1 Japan Solar Tracker Market, By Type
10.4.7.2 Japan Solar Tracker Market, By Technology
10.4.7.3 Japan Solar Tracker Market, By Drive System
10.4.7.4 Japan Solar Tracker Market, By Application
10.4.8 India
10.4.8.1 India Solar Tracker Market, By Type
10.4.8.2 India Solar Tracker Market, By Technology
10.4.8.3 India Solar Tracker Market, By Drive System
10.4.8.4 India Solar Tracker Market, By Application
10.4.9 South Korea
10.4.9.1 South Korea Solar Tracker Market, By Type
10.4.9.2 South Korea Solar Tracker Market, By Technology
10.4.9.3 South Korea Solar Tracker Market, By Drive System
10.4.9.4 South Korea Solar Tracker Market, By Application
10.4.10 Australia
10.4.10.1 Australia Solar Tracker Market, By Type
10.4.10.2 Australia Solar Tracker Market, By Technology
10.4.10.3 Australia Solar Tracker Market, By Drive System
10.4.10.4 Australia Solar Tracker Market, By Application
10.4.11 Others
10.4.11.1 Others Solar Tracker Market, By Type
10.4.11.2 Others Solar Tracker Market, By Technology
10.4.11.3 Others Solar Tracker Market, By Drive System
10.4.11.4 Others Solar Tracker Market, By Application
10.5 Latin America
10.5.1 Latin America Solar Tracker Market, By Country
10.5.2 Latin America Solar Tracker Market, By Type
10.5.3 Latin America Solar Tracker Market, By Technology
10.5.4 Latin America Solar Tracker Market, By Drive System
10.5.5 Latin America Solar Tracker Market, By Application
10.5.6 Brazil
10.5.6.1 Brazil Solar Tracker Market, By Type
10.5.6.2 Brazil Solar Tracker Market, By Technology
10.5.6.3 Brazil Solar Tracker Market, By Drive System
10.5.6.4 Brazil Solar Tracker Market, By Application
10.5.7 Others
10.5.7.1 Others Solar Tracker Market, By Type
10.5.7.2 Others Solar Tracker Market, By Technology
10.5.7.3 Others Solar Tracker Market, By Drive System
10.5.7.4 Others Solar Tracker Market, By Application
10.6 Middle East and Africa (MEA)
10.6.1 Middle East and Africa (MEA) Solar Tracker Market, By Country
10.6.2 Middle East and Africa (MEA) Solar Tracker Market, By Type
10.6.3 Middle East and Africa (MEA) Solar Tracker Market, By Technology
10.6.4 Middle East and Africa (MEA) Solar Tracker Market, By Drive System
10.6.5 Middle East and Africa (MEA) Solar Tracker Market, By Application
10.6.6 United Arab Emirates
10.6.6.1 United Arab Emirates Solar Tracker Market, By Type
10.6.6.2 United Arab Emirates Solar Tracker Market, By Technology
10.6.6.3 United Arab Emirates Solar Tracker Market, By Drive System
10.6.6.4 United Arab Emirates Solar Tracker Market, By Application
10.6.7 Others
10.6.7.1 Others Solar Tracker Market, By Type
10.6.7.2 Others Solar Tracker Market, By Technology
10.6.7.3 Others Solar Tracker Market, By Drive System
10.6.7.4 Others Solar Tracker Market, By Application
Chapter 11 Competitive Landscape
11.1 Strategic Move Analysis
11.1.1 Top Player Positioning/Market Share Analysis
11.1.2 Top Winning Strategies, By Year, 2021-2024
11.1.3 Competitive Analysis by Revenue, 2022-2024
11.2 Recent Developments by the Market Participants (2024-25)
Chapter 12 Company Profiles
12.1 NEXTracker Inc.
12.1.1 Company Snapshot
12.1.2 Company Overview
12.1.3 Financial Performance
12.1.4 Product Portfolio
12.1.5 Strategic Growth
12.2 Array Technologies Inc.
12.2.1 Company Snapshot
12.2.2 Company Overview
12.2.3 Financial Performance
12.2.4 Product Portfolio
12.2.5 Strategic Growth
12.3 Arctech Solar Holding Co. Ltd.
12.3.1 Company Snapshot
12.3.2 Company Overview
12.3.3 Financial Performance
12.3.4 Product Portfolio
12.3.5 Strategic Growth
12.4 Soltec Power Holdings S.A.
12.4.1 Company Snapshot
12.4.2 Company Overview
12.4.3 Financial Performance
12.4.4 Product Portfolio
12.4.5 Strategic Growth
12.5 GameChange Solar
12.5.1 Company Snapshot
12.5.2 Company Overview
12.5.3 Financial Performance
12.5.4 Product Portfolio
12.5.5 Strategic Growth
12.6 PV Hardware Solutions S.L.U.
12.6.1 Company Snapshot
12.6.2 Company Overview
12.6.3 Financial Performance
12.6.4 Product Portfolio
12.6.5 Strategic Growth
12.7 Strata Solar LLC
12.7.1 Company Snapshot
12.7.2 Company Overview
12.7.3 Financial Performance
12.7.4 Product Portfolio
12.7.5 Strategic Growth
12.8 Ideematec Deutschland GmbH
12.8.1 Company Snapshot
12.8.2 Company Overview
12.8.3 Financial Performance
12.8.4 Product Portfolio
12.8.5 Strategic Growth
12.9 FTC Solar Inc.
12.9.1 Company Snapshot
12.9.2 Company Overview
12.9.3 Financial Performance
12.9.4 Product Portfolio
12.9.5 Strategic Growth
12.10 DEGERenergie GmbH & Co. KG
12.10.1 Company Snapshot
12.10.2 Company Overview
12.10.3 Financial Performance
12.10.4 Product Portfolio
12.10.5 Strategic Growth
12.11 Convert Italia SpA
12.11.1 Company Snapshot
12.11.2 Company Overview
12.11.3 Financial Performance
12.11.4 Product Portfolio
12.11.5 Strategic Growth
12.12 Solar Steel (Gonvarri Industries)
12.12.1 Company Snapshot
12.12.2 Company Overview
12.12.3 Financial Performance
12.12.4 Product Portfolio
12.12.5 Strategic Growth
12.13 STI Norland
12.13.1 Company Snapshot
12.13.2 Company Overview
12.13.3 Financial Performance
12.13.4 Product Portfolio
12.13.5 Strategic Growth
12.14 Valmont Industries Inc.
12.14.1 Company Snapshot
12.14.2 Company Overview
12.14.3 Financial Performance
12.14.4 Product Portfolio
12.14.5 Strategic Growth
12.15 Powerway Renewable Energy Co. Ltd.
12.15.1 Company Snapshot
12.15.2 Company Overview
12.15.3 Financial Performance
12.15.4 Product Portfolio
12.15.5 Strategic Growth

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