How big is the Solar Tracker Market | Industry Trends & Forecast 2025

Code: MTA9094 Publication Date: Sep 2025

How Big is the Solar Tracker Market?

According to 6Wresearch internal database and industry insights, the Global Solar Tracker Market was valued at USD 8.6 Billion in 2024 and is expected to reach USD 15.1 Billion by 2031, growing at a compound annual growth rate of 7.94% during the forecast period (2025-2031).

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.

Key Growth Drivers of the Solar Tracker Market

  • Growing demand for open solar projects for maximizing energy output in very large solar installations.
  • Sustained growth in utility-scale solar projects with single-axis and dual-axis trackers that improve system efficiency.
  • Supportive policy frameworks and financial incentives are due to open solar adoption barriers.
  • Decreasing costs of solar tracker parts drive platform affordability.
  • The growing trend of integrating digital monitoring and automated technology within solar plant installations.

Solar Tracker Market Trends

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.

Emerging Developments in the Solar Tracker Market

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.

List of Leading Companies in the Solar Tracker Market

Some of the leading companies include:

  • NEXTracker Inc.
  • Array Technologies
  • Arctech Solar
  • Soltec Power Holdings
  • GameChange Solar
  • Convert Italia
  • PVHardware
  • FTC Solar
  • Ideematec
  • SunPower Corporation

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