Solar Tracker Global Market Report 2026

A solar tracker is a system designed to position solar panels at an optimal angle relative to the sun, allowing them to absorb more sunlight and generate increased electricity. Active solar tracking systems utilize powered machinery, such as gears and motors, to move solar panels, while passive trackers achieve motion by utilizing the sun's heat to compress liquid.

The main types of solar trackers include single-axis and dual-axis systems. A single-axis solar tracking system moves a photovoltaic (PV) panel on an approximate trajectory relative to the Sun's position, utilizing a tilted PV panel mount and one electric motor. The axis of rotation can be horizontal, vertical, or oblique. Solar trackers are deployed in various technologies, including solar photovoltaic (PV), concentrated solar power (CSP), and concentrated photovoltaic (CPV). These trackers find applications in residential, commercial, industrial, and utility settings.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have impacted the solar tracker for power generation market by increasing the cost of imported steel structures, motors, sensors, and control systems used in tracker assembly. Utility-scale solar developers in North America, Europe, and emerging Asian markets face elevated project costs and longer installation timelines. However, tariffs are driving regional fabrication of tracker components, encouraging supply chain diversification, and accelerating innovation in cost-efficient, high-durability tracker systems that support long-term renewable energy expansion.

The solar tracker market research report is one of a series of new reports from The Business Research Company that provides solar tracker market statistics, including solar tracker industry global market size, regional shares, competitors with a solar tracker market share, detailed solar tracker market segments, market trends and opportunities, and any further data you may need to thrive in the solar tracker industry. This solar tracker market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The solar tracker market size has grown rapidly in recent years. It will grow from $12 billion in 2025 to $13.8 billion in 2026 at a compound annual growth rate (CAGR) of 15.0%. The growth in the historic period can be attributed to increasing installation of fixed-tilt solar systems, early experimentation with single-axis trackers, rising deployment in utility-scale solar farms, growth in csp-based pilot projects, increasing demand for higher energy yields.

The solar tracker market size is expected to see rapid growth in the next few years. It will grow to $24 billion in 2030 at a compound annual growth rate (CAGR) of 14.8%. The growth in the forecast period can be attributed to rising adoption of dual-axis trackers, expansion of pv-based utility projects, development of AI-optimized panel positioning, growth in tracker deployment for commercial and industrial rooftops, increasing emphasis on carbon-efficient power generation. Major trends in the forecast period include expansion of sustainable solar tracking technologies, advancement of autonomous tracking systems, development of smart factory-enabled tracker production, growth of IoT-based solar performance optimization, adoption of AI-driven sun positioning algorithms.

The rising power demand for renewable energy sources is expected to propel the growth of the solar tracker market. Renewable energy refers to energy derived from naturally replenishing sources such as sunlight, rain, geothermal heat, and ocean waves. Solar trackers support renewable energy generation by adjusting the position of solar panels to capture maximum sunlight throughout the day. For example, in 2023, according to a report published by the U.S. Energy Information Administration (EIA), a U.S.-based government agency, utility-scale electricity generation from hydropower in the United States reached 240 billion kWh, accounting for 5.7% of total energy production. Therefore, the increasing demand for renewable energy sources is driving the growth of the solar tracker market.

Leading companies in the solar tracker market are developing advanced low-carbon technologies to improve energy efficiency, reduce environmental impact, and support sustainable energy development. Low-carbon technologies are innovations designed to significantly reduce greenhouse gas emissions by enhancing energy performance or relying on renewable energy inputs. For instance, in April 2024, Nextracker, an India-based manufacturer of advanced solar tracking systems, introduced the NX Horizon low-carbon solar tracker. This system utilizes Electric Arc Furnace (EAF) technology, which processes recycled steel and reduces greenhouse gas emissions compared to traditional steel manufacturing methods that depend on iron ore and coal. This approach not only minimizes environmental impact but also supports the U.S. steel industry by relying on domestic scrap steel supplies.

In February 2025, Kinematics, a U.S.-based provider of advanced robotics and automation solutions, acquired P4Q for an undisclosed amount. Through this acquisition, Kinematics aims to strengthen its technological capabilities and expand its full-stack software offerings, enhancing its position in the automation and robotics market. P4Q is a U.S.-based provider of full-stack technology solutions specializing in software development and system integration for industrial applications.

Major companies operating in the solar tracker market are NEXTracker Inc., Soltec Power Holdings SA, Arctech Solar Holding Co. Ltd., Array Technologies Inc., Exosun SA, Gonvarri Solar Steel SL, Powerway Renewable Energy Co. Ltd., Meca Solar Mobility SL, SunPower Corporation, Haosolar Co. Ltd., Scorpius Trackers Private Limited, AllEarth Renewables Inc., DEGER energie GmbH & Co. KG, Convert Italia SpA, GameChange Solar, PV Hardware Solutions S.L.U., FTC Solar Inc., Mahindra Susten Pvt. Ltd., Abengoa Solar S.A., Grupo Clavijo Elt SL, Titan Tracker SL, Sun Action Trackers LLC, SunLink Corporation, Mechatron Solar Inc., Northern States Metals, DCE Solar, Valmont Industries Inc., NCLAVE Renewable S.L., Amberroot Systems, Ephysx Technologies Pvt.Ltd., Greenera Energy Pvt. Ltd.

North America was the largest region in the solar tracker for power generation market in 2025. The regions covered in the solar tracker market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the solar tracker market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The solar tracker market consists of sales of Horizontal Single-Axis Solar Tracker (HSAT), Horizontal Tilted Single-Axis Solar Trackers (HTSAT, Vertical Single-Axis Solar Trackers (VSAT), and Vertical-Tilted Single-Axis Solar Trackers (VTSAT). Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Solar Tracker Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses solar tracker market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for solar tracker ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The solar tracker market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Axis Type: Single Axis; Dual Axis
• 2) By Technology: Solar Photovoltaic (PV); Concentrated Solar Power (CSP); Concentrated Photovoltaic (CPV)
• 3) By Application: Residential; Commercial & Industrial; Utility
• Subsegments:
• 1) By Single Axis: Horizontal Single Axis Trackers; Vertical Single Axis Trackers; Inclined Single Axis Trackers
• 2) By Dual Axis: Horizontal Dual Axis Trackers; Vertical Dual Axis Trackers; Polar Dual Axis Trackers
• Companies Mentioned: NEXTracker Inc.; Soltec Power Holdings SA; Arctech Solar Holding Co. Ltd.; Array Technologies Inc.; Exosun SA; Gonvarri Solar Steel SL; Powerway Renewable Energy Co. Ltd.; Meca Solar Mobility SL; SunPower Corporation; Haosolar Co. Ltd.; Scorpius Trackers Private Limited; AllEarth Renewables Inc.; DEGER energie GmbH & Co. KG; Convert Italia SpA; GameChange Solar; PV Hardware Solutions S.L.U.; FTC Solar Inc.; Mahindra Susten Pvt. Ltd.; Abengoa Solar S.A.; Grupo Clavijo Elt SL; Titan Tracker SL; Sun Action Trackers LLC; SunLink Corporation; Mechatron Solar Inc.; Northern States Metals; DCE Solar; Valmont Industries Inc.; NCLAVE Renewable S.L.; Amberroot Systems; Ephysx Technologies Pvt.Ltd.; Greenera Energy Pvt. Ltd.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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