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Global Solar Trackers Market Research Report 2025
Synopsis
Solar trackers are utilized to move photovoltaic panels toward the sun to utilize more sunlight. They enable solar modules to remain in the best position to accumulate maximum energy from the sun. The application of tracking technology allows solar panels to follow the movement of the sun and increase electricity production as compared to a stationary array. Solar trackers are attached to solar panels to adjust their positioning against the daily passage of the sun throughout the year as the weather and seasons change.
The global Solar Trackers market was valued at US$ 212 million in 2023 and is anticipated to reach US$ 683.9 million by 2030, witnessing a CAGR of 18.1% during the forecast period 2024-2030.
China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU's clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan's total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.320 GW.
This report aims to provide a comprehensive presentation of the global market for Solar Trackers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Solar Trackers.
Report Scope
The Solar Trackers market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Solar Trackers market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Solar Trackers manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Soitec SA
Arctech
Array Technologies
Convert Italia
First Solar
NEXTracker
Abengoa
AllEarth Renewables
Edisun Microgrids
Exosun
GameChange Solar
Haosolar
Mahindra Susten
Scorpius Trackers
Solar FlexRack
Sun Action Trackers
SunLink
SunPower
Segment by Type
Single Axis
Dual Axis
Segment by Application
Utility
Non-Utility
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Solar Trackers manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Solar Trackers by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Solar Trackers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Solar trackers are utilized to move photovoltaic panels toward the sun to utilize more sunlight. They enable solar modules to remain in the best position to accumulate maximum energy from the sun. The application of tracking technology allows solar panels to follow the movement of the sun and increase electricity production as compared to a stationary array. Solar trackers are attached to solar panels to adjust their positioning against the daily passage of the sun throughout the year as the weather and seasons change.
The global Solar Trackers market was valued at US$ 212 million in 2023 and is anticipated to reach US$ 683.9 million by 2030, witnessing a CAGR of 18.1% during the forecast period 2024-2030.
China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU's clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan's total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.320 GW.
This report aims to provide a comprehensive presentation of the global market for Solar Trackers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Solar Trackers.
Report Scope
The Solar Trackers market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Solar Trackers market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Solar Trackers manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Soitec SA
Arctech
Array Technologies
Convert Italia
First Solar
NEXTracker
Abengoa
AllEarth Renewables
Edisun Microgrids
Exosun
GameChange Solar
Haosolar
Mahindra Susten
Scorpius Trackers
Solar FlexRack
Sun Action Trackers
SunLink
SunPower
Segment by Type
Single Axis
Dual Axis
Segment by Application
Utility
Non-Utility
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Solar Trackers manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Solar Trackers by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Solar Trackers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Solar Trackers Market Overview
1.1 Product Definition
1.2 Solar Trackers Segment by Type
1.2.1 Global Solar Trackers Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Single Axis
1.2.3 Dual Axis
1.3 Solar Trackers Segment by Application
1.3.1 Global Solar Trackers Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Utility
1.3.3 Non-Utility
1.4 Global Market Growth Prospects
1.4.1 Global Solar Trackers Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Solar Trackers Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Solar Trackers Production Estimates and Forecasts (2019-2030)
1.4.4 Global Solar Trackers Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Solar Trackers Production Market Share by Manufacturers (2019-2024)
2.2 Global Solar Trackers Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Solar Trackers, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Solar Trackers Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Solar Trackers Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Solar Trackers, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Solar Trackers, Product Offered and Application
2.8 Global Key Manufacturers of Solar Trackers, Date of Enter into This Industry
2.9 Solar Trackers Market Competitive Situation and Trends
2.9.1 Solar Trackers Market Concentration Rate
2.9.2 Global 5 and 10 Largest Solar Trackers Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Solar Trackers Production by Region
3.1 Global Solar Trackers Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Solar Trackers Production Value by Region (2019-2030)
3.2.1 Global Solar Trackers Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Solar Trackers by Region (2025-2030)
3.3 Global Solar Trackers Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Solar Trackers Production by Region (2019-2030)
3.4.1 Global Solar Trackers Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Solar Trackers by Region (2025-2030)
3.5 Global Solar Trackers Market Price Analysis by Region (2019-2024)
3.6 Global Solar Trackers Production and Value, Year-over-Year Growth
3.6.1 North America Solar Trackers Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Solar Trackers Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Solar Trackers Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Solar Trackers Production Value Estimates and Forecasts (2019-2030)
4 Solar Trackers Consumption by Region
4.1 Global Solar Trackers Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Solar Trackers Consumption by Region (2019-2030)
4.2.1 Global Solar Trackers Consumption by Region (2019-2024)
4.2.2 Global Solar Trackers Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Solar Trackers Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Solar Trackers Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Solar Trackers Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Solar Trackers Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Solar Trackers Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Solar Trackers Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Solar Trackers Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Solar Trackers Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Solar Trackers Production by Type (2019-2030)
5.1.1 Global Solar Trackers Production by Type (2019-2024)
5.1.2 Global Solar Trackers Production by Type (2025-2030)
5.1.3 Global Solar Trackers Production Market Share by Type (2019-2030)
5.2 Global Solar Trackers Production Value by Type (2019-2030)
5.2.1 Global Solar Trackers Production Value by Type (2019-2024)
5.2.2 Global Solar Trackers Production Value by Type (2025-2030)
5.2.3 Global Solar Trackers Production Value Market Share by Type (2019-2030)
5.3 Global Solar Trackers Price by Type (2019-2030)
6 Segment by Application
6.1 Global Solar Trackers Production by Application (2019-2030)
6.1.1 Global Solar Trackers Production by Application (2019-2024)
6.1.2 Global Solar Trackers Production by Application (2025-2030)
6.1.3 Global Solar Trackers Production Market Share by Application (2019-2030)
6.2 Global Solar Trackers Production Value by Application (2019-2030)
6.2.1 Global Solar Trackers Production Value by Application (2019-2024)
6.2.2 Global Solar Trackers Production Value by Application (2025-2030)
6.2.3 Global Solar Trackers Production Value Market Share by Application (2019-2030)
6.3 Global Solar Trackers Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Soitec SA
7.1.1 Soitec SA Solar Trackers Corporation Information
7.1.2 Soitec SA Solar Trackers Product Portfolio
7.1.3 Soitec SA Solar Trackers Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Soitec SA Main Business and Markets Served
7.1.5 Soitec SA Recent Developments/Updates
7.2 Arctech
7.2.1 Arctech Solar Trackers Corporation Information
7.2.2 Arctech Solar Trackers Product Portfolio
7.2.3 Arctech Solar Trackers Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Arctech Main Business and Markets Served
7.2.5 Arctech Recent Developments/Updates
7.3 Array Technologies
7.3.1 Array Technologies Solar Trackers Corporation Information
7.3.2 Array Technologies Solar Trackers Product Portfolio
7.3.3 Array Technologies Solar Trackers Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Array Technologies Main Business and Markets Served
7.3.5 Array Technologies Recent Developments/Updates
7.4 Convert Italia
7.4.1 Convert Italia Solar Trackers Corporation Information
7.4.2 Convert Italia Solar Trackers Product Portfolio
7.4.3 Convert Italia Solar Trackers Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Convert Italia Main Business and Markets Served
7.4.5 Convert Italia Recent Developments/Updates
7.5 First Solar
7.5.1 First Solar Solar Trackers Corporation Information
7.5.2 First Solar Solar Trackers Product Portfolio
7.5.3 First Solar Solar Trackers Production, Value, Price and Gross Margin (2019-2024)
7.5.4 First Solar Main Business and Markets Served
7.5.5 First Solar Recent Developments/Updates
7.6 NEXTracker
7.6.1 NEXTracker Solar Trackers Corporation Information
7.6.2 NEXTracker Solar Trackers Product Portfolio
7.6.3 NEXTracker Solar Trackers Production, Value, Price and Gross Margin (2019-2024)
7.6.4 NEXTracker Main Business and Markets Served
7.6.5 NEXTracker Recent Developments/Updates
7.7 Abengoa
7.7.1 Abengoa Solar Trackers Corporation Information
7.7.2 Abengoa Solar Trackers Product Portfolio
7.7.3 Abengoa Solar Trackers Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Abengoa Main Business and Markets Served
7.7.5 Abengoa Recent Developments/Updates
7.8 AllEarth Renewables
7.8.1 AllEarth Renewables Solar Trackers Corporation Information
7.8.2 AllEarth Renewables Solar Trackers Product Portfolio
7.8.3 AllEarth Renewables Solar Trackers Production, Value, Price and Gross Margin (2019-2024)
7.8.4 AllEarth Renewables Main Business and Markets Served
7.7.5 AllEarth Renewables Recent Developments/Updates
7.9 Edisun Microgrids
7.9.1 Edisun Microgrids Solar Trackers Corporation Information
7.9.2 Edisun Microgrids Solar Trackers Product Portfolio
7.9.3 Edisun Microgrids Solar Trackers Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Edisun Microgrids Main Business and Markets Served
7.9.5 Edisun Microgrids Recent Developments/Updates
7.10 Exosun
7.10.1 Exosun Solar Trackers Corporation Information
7.10.2 Exosun Solar Trackers Product Portfolio
7.10.3 Exosun Solar Trackers Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Exosun Main Business and Markets Served
7.10.5 Exosun Recent Developments/Updates
7.11 GameChange Solar
7.11.1 GameChange Solar Solar Trackers Corporation Information
7.11.2 GameChange Solar Solar Trackers Product Portfolio
7.11.3 GameChange Solar Solar Trackers Production, Value, Price and Gross Margin (2019-2024)
7.11.4 GameChange Solar Main Business and Markets Served
7.11.5 GameChange Solar Recent Developments/Updates
7.12 Haosolar
7.12.1 Haosolar Solar Trackers Corporation Information
7.12.2 Haosolar Solar Trackers Product Portfolio
7.12.3 Haosolar Solar Trackers Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Haosolar Main Business and Markets Served
7.12.5 Haosolar Recent Developments/Updates
7.13 Mahindra Susten
7.13.1 Mahindra Susten Solar Trackers Corporation Information
7.13.2 Mahindra Susten Solar Trackers Product Portfolio
7.13.3 Mahindra Susten Solar Trackers Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Mahindra Susten Main Business and Markets Served
7.13.5 Mahindra Susten Recent Developments/Updates
7.14 Scorpius Trackers
7.14.1 Scorpius Trackers Solar Trackers Corporation Information
7.14.2 Scorpius Trackers Solar Trackers Product Portfolio
7.14.3 Scorpius Trackers Solar Trackers Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Scorpius Trackers Main Business and Markets Served
7.14.5 Scorpius Trackers Recent Developments/Updates
7.15 Solar FlexRack
7.15.1 Solar FlexRack Solar Trackers Corporation Information
7.15.2 Solar FlexRack Solar Trackers Product Portfolio
7.15.3 Solar FlexRack Solar Trackers Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Solar FlexRack Main Business and Markets Served
7.15.5 Solar FlexRack Recent Developments/Updates
7.16 Sun Action Trackers
7.16.1 Sun Action Trackers Solar Trackers Corporation Information
7.16.2 Sun Action Trackers Solar Trackers Product Portfolio
7.16.3 Sun Action Trackers Solar Trackers Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Sun Action Trackers Main Business and Markets Served
7.16.5 Sun Action Trackers Recent Developments/Updates
7.17 SunLink
7.17.1 SunLink Solar Trackers Corporation Information
7.17.2 SunLink Solar Trackers Product Portfolio
7.17.3 SunLink Solar Trackers Production, Value, Price and Gross Margin (2019-2024)
7.17.4 SunLink Main Business and Markets Served
7.17.5 SunLink Recent Developments/Updates
7.18 SunPower
7.18.1 SunPower Solar Trackers Corporation Information
7.18.2 SunPower Solar Trackers Product Portfolio
7.18.3 SunPower Solar Trackers Production, Value, Price and Gross Margin (2019-2024)
7.18.4 SunPower Main Business and Markets Served
7.18.5 SunPower Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Solar Trackers Industry Chain Analysis
8.2 Solar Trackers Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Solar Trackers Production Mode & Process
8.4 Solar Trackers Sales and Marketing
8.4.1 Solar Trackers Sales Channels
8.4.2 Solar Trackers Distributors
8.5 Solar Trackers Customers
9 Solar Trackers Market Dynamics
9.1 Solar Trackers Industry Trends
9.2 Solar Trackers Market Drivers
9.3 Solar Trackers Market Challenges
9.4 Solar Trackers Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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