Code: MTA9094 | Publication Date: Sep 2025 |
The key drivers for this growth are the greater acceptance of utility-scale solar projects, efficiency gains from single-axis and dual-axis trackers, and supportive government policies aimed at promoting renewable energy deployment in various regions.
The Market Trends regarding Solar Trackers revolve around the increasing number of installations in utility-scale solar power plants. These projects are generally very large, where efficiency and the highest energy yield are critical.Single-axis will see the greatest amount of adoption because they are more cost-effective, while the dual-axis are more applicable to utility projects where quality is favoured instead of quantity.
Another main trend in the Solar Tracker Market is the integration of factory-installed IoT and AI-based control systems. As this field matures, predictive maintenance and improved performance. Lastly, developers and equipment manufacturers are focusing more on durable designs largely due to environmental factors.
The Solar Tracker Market developments are driven by continuous innovations in control software and materials that enhance system reliability. Companies are investing in advanced gear systems and robotic cleaning solutions to improve efficiency. Further developments in the Solar Tracker Market include hybrid integration with energy storage, new financing models, and large-scale project expansions by developers. Strategic collaborations between tracker manufacturers and EPC contractors are also shaping market growth.
Some of the leading companies include: