Solar Tracker Market Overview, 2025-30

The solar tracker industry has emerged as a critical component in the renewable energy sector, playing a pivotal role in enhancing the efficiency and output of solar power systems. Solar trackers are devices that orient solar panels toward the sun, adjusting their angle throughout the day to maximize energy capture. This technology has gained significant traction in recent years due to its ability to substantially increase the energy production of solar installations, making it an attractive option for both utility-scale and distributed solar projects.

As the global demand for clean and sustainable energy continues to rise, the solar tracker industry is poised for robust growth, driven by advancements in technology, declining costs, and supportive government policies. One of the primary drivers of the solar tracker industry is the increasing focus on improving the efficiency of solar power systems. Traditional fixed-tilt solar panels are limited in their ability to capture sunlight optimally, as their orientation remains constant throughout the day. In contrast, solar trackers dynamically adjust the position of solar panels to follow the sun's path, ensuring that they are always aligned for maximum energy absorption.

According to the research report “Global Solar Tracker Market Overview, 2025-30” the global market is projected to reach market size of USD 25.43 Billion by 2030 increasing from USD 10.43 Billion in 2024, growing with 16.35% CAGR by 2025-30. The enhanced efficiency offered by solar trackers translates into higher energy yields and improved financial returns for solar project developers, making them an increasingly popular choice in the solar industry. The solar tracker industry is also benefiting from rapid advancements in technology, which have led to the development of more sophisticated and reliable tracking systems.

Modern solar trackers are equipped with advanced sensors, control algorithms, and communication technologies that enable precise and real-time adjustments based on weather conditions and solar irradiance. Additionally, innovations in materials and design have resulted in lighter, more durable, and cost-effective tracker systems that can withstand harsh environmental conditions.

The integration of artificial intelligence (AI) and machine learning (ML) technologies is further enhancing the performance of solar trackers by enabling predictive maintenance, optimizing energy production, and reducing operational costs. These technological advancements are driving the adoption of solar trackers across a wide range of applications, from large utility-scale solar farms to smaller commercial and residential installations.

Market Drivers

• Increasing Demand for Renewable Energy: The global shift towards renewable energy sources, driven by the need to reduce carbon emissions and combat climate change, is a major driver for the solar tracker industry. Solar trackers enhance the efficiency of solar power systems, making them a crucial technology in the transition to clean energy. Governments and organizations worldwide are setting ambitious renewable energy targets, which has led to increased investments in solar power projects, including those utilizing solar tracker technology.
• Technological Advancements and Cost Reductions: Rapid advancements in solar tracker technology, such as improved control algorithms, advanced sensors, and machine learning integration, have significantly enhanced the performance and reliability of solar trackers. Additionally, economies of scale and innovations in manufacturing processes have led to a reduction in the cost of solar tracker systems, making them more accessible and cost-effective for a wider range of solar projects.

Market Challenges

• High Initial Investment and Maintenance Costs: Despite the long-term benefits of increased energy production, the initial investment required for solar tracker systems can be higher than that for fixed-tilt solar installations. This upfront cost can be a barrier for some project developers, particularly in price-sensitive markets. Additionally, the complexity of solar tracker systems, which involve moving parts and advanced control mechanisms, can result in higher maintenance and operational costs, necessitating careful consideration of the total cost of ownership.
• Need for Skilled Labor and Expertise: The successful deployment and operation of solar tracker systems require specialized knowledge and skills in solar technology, mechanical engineering, and control systems. The shortage of skilled labor in some regions can pose a challenge to the widespread adoption of solar trackers. Addressing this challenge will require investments in training and education programs to develop a workforce capable of supporting the growing demand for solar tracker installations.

Market Trends

• Integration with Energy Storage and Smart Grid Technologies: The integration of solar trackers with energy storage systems and smart grid technologies is an emerging trend in the solar industry. This integration enables the optimization of energy production and consumption, enhancing the overall efficiency and reliability of solar power systems. By combining solar trackers with energy storage, excess energy generated during peak sunlight hours can be stored and used during periods of low sunlight, further increasing the value proposition of solar tracker technology.
• Focus on Bifacial Solar Panels and Tracker Compatibility: The growing adoption of bifacial solar panels, which can capture sunlight on both sides of the panel, is driving the development of solar trackers specifically designed to optimize the performance of these advanced panels. Solar trackers that can adjust the position of bifacial panels to maximize energy capture from both direct and reflected sunlight are becoming increasingly popular. This trend is expected to continue as the solar industry seeks to further enhance the efficiency and output of solar power systems.

Single-axis trackers are leading in the solar tracker market primarily due to their optimal balance between cost-effectiveness and energy production efficiency.

Single-axis trackers have established a dominant position in the solar tracker market, largely due to their ability to provide an optimal balance between cost-effectiveness and energy production efficiency. These trackers are designed to rotate solar panels along a single axis, typically aligned north-south, allowing them to follow the sun's daily path from east to west.

This movement significantly increases the amount of sunlight captured by the panels compared to fixed-tilt systems, resulting in higher energy yields. Studies have shown that single-axis trackers can enhance energy production by approximately 25-35%, making them a highly attractive option for solar project developers seeking to maximize the output of their installations.

One of the key advantages of single-axis trackers is their relatively simple design and lower cost compared to dual-axis trackers, which rotate on two axes to follow the sun's path more precisely. While dual-axis trackers can offer slightly higher energy gains, the additional complexity and cost often outweigh the benefits, particularly for large-scale solar projects.

Single-axis trackers, on the other hand, provide a cost-effective solution that delivers substantial energy improvements without the added expense and maintenance requirements associated with more complex tracking systems. This cost-effectiveness is crucial in the competitive solar market, where project developers must carefully balance performance and financial considerations.

Furthermore, single-axis trackers are well-suited to a wide range of solar applications and geographical locations. They are particularly effective in regions with high solar irradiance and clear skies, where the sun's path is predictable and consistent. The reliability and durability of single-axis trackers have also improved significantly in recent years, thanks to advancements in materials, control systems, and manufacturing processes. These improvements have enhanced the overall performance and lifespan of single-axis tracking systems, making them a trusted and preferred choice for solar installations worldwide.

Solar Photovoltaic (PV) technology is leading in the solar tracker market primarily due to its widespread adoption and compatibility with solar tracking systems to maximize energy output.

Solar Photovoltaic (PV) technology has established a leading position in the solar tracker market, largely due to its widespread adoption and seamless compatibility with solar tracking systems, which together maximize energy output. Solar PV technology, which converts sunlight directly into electricity using semiconductor materials, has become the cornerstone of the solar energy industry. Its popularity stems from its efficiency, scalability, and decreasing costs, which have made solar PV systems a viable and attractive option for a wide range of applications, from residential rooftops to large utility-scale solar farms.

As the demand for renewable energy continues to grow, solar PV technology has been increasingly integrated with solar tracking systems to further enhance its performance and energy production capabilities. The integration of solar PV technology with solar trackers is driven by the need to optimize the capture of solar irradiance throughout the day. Solar trackers adjust the orientation of PV panels to follow the sun's path, ensuring that the panels are always positioned at the optimal angle to maximize energy absorption. This dynamic adjustment can significantly increase the energy output of solar PV systems, with studies indicating energy gains of up to 25-35% compared to fixed-tilt installations.

The combination of solar PV technology and solar trackers provides a powerful solution for improving the efficiency and financial viability of solar energy projects, making it a preferred choice for solar developers and investors. Moreover, advancements in solar PV technology, such as the development of high-efficiency solar cells and bifacial panels, have further enhanced the synergy between PV systems and solar trackers.

Bifacial solar panels, which can capture sunlight on both sides of the panel, benefit greatly from solar trackers that can optimize their orientation to maximize energy capture from direct and reflected sunlight. This compatibility has driven the adoption of solar trackers in the solar PV market, as project developers seek to leverage the latest technological innovations to achieve higher energy yields and improved financial returns.

Ground-mounted solar installations are leading in the solar tracker market primarily due to their scalability and efficiency in large-scale solar energy projects.

Ground-mounted solar installations have secured a leading position in the solar tracker market, largely due to their unparalleled scalability and efficiency, particularly in large-scale solar energy projects. These installations involve the mounting of solar panels on the ground rather than on rooftops or other structures, providing ample space for the deployment of solar arrays. This scalability is crucial for utility-scale solar projects, which require vast areas to accommodate a large number of solar panels and achieve economies of scale. Ground-mounted systems can be easily expanded to meet increasing energy demands, making them an ideal choice for solar farms and large commercial installations.

The efficiency of ground-mounted solar installations is further enhanced by the integration of solar tracking systems. Solar trackers adjust the orientation of solar panels to follow the sun's path throughout the day, maximizing energy capture and significantly increasing energy output. Ground-mounted systems provide the necessary space and structural support for the installation of both single-axis and dual-axis solar trackers, allowing for optimal positioning and alignment of solar panels. This combination of ground-mounted installations and solar trackers can result in substantial energy gains, with studies indicating increases of up to 25-35% compared to fixed-tilt systems.

The enhanced energy production and financial returns make ground-mounted solar installations with tracking systems a highly attractive option for solar project developers and investors. Additionally, ground-mounted solar installations offer greater flexibility in terms of site selection and design. They can be deployed on a variety of terrains, including open fields, deserts, and brownfield sites, providing opportunities for solar development in diverse geographical locations.

The ability to optimize the layout and orientation of ground-mounted solar arrays, combined with the use of solar trackers, ensures that these installations can achieve maximum energy production and efficiency. Furthermore, ground-mounted systems are easier to access for maintenance and cleaning, which is essential for ensuring the long-term performance and reliability of solar panels.

North America is leading in the solar tracker market primarily due to its advanced technological infrastructure and supportive regulatory environment.

North America's leadership in the solar tracker market can be largely attributed to its advanced technological infrastructure and a supportive regulatory environment that fosters innovation and growth in the renewable energy sector. The region, particularly the United States, has been at the forefront of technological advancements in solar energy, including the development and deployment of solar tracking systems. These advancements are driven by a robust ecosystem of research institutions, technology companies, and skilled professionals who are continuously pushing the boundaries of solar technology.

The availability of cutting-edge technology and expertise has enabled North American companies to design and manufacture high-quality, efficient, and reliable solar trackers that meet the evolving needs of the solar industry. The supportive regulatory environment in North America has also played a crucial role in the growth of the solar tracker market. Governments at the federal, state, and local levels have implemented a range of policies and incentives to promote the adoption of renewable energy technologies, including solar trackers. These policies include tax credits, grants, rebates, and renewable energy mandates that encourage investment in solar energy projects.

For example, the Investment Tax Credit (ITC) in the United States provides a significant financial incentive for solar project developers to invest in solar tracking systems, making them more affordable and attractive. Additionally, many states have established Renewable Portfolio Standards (RPS) that require utilities to generate a certain percentage of their electricity from renewable sources, further driving the demand for solar trackers. Furthermore, North America's well-developed infrastructure and access to capital have facilitated the rapid deployment of solar tracking systems across the region.

The availability of financing options, including project financing, leasing, and power purchase agreements (PPAs), has made it easier for solar project developers to invest in solar trackers and other advanced solar technologies. The region's extensive network of solar installers, contractors, and service providers ensures that solar tracking systems are installed, operated, and maintained to the highest standards, maximizing their performance and lifespan.

Considered in this report

• Historic Year: 2019
• Base year: 2024
• Estimated year: 2025
• Forecast year: 2030

Aspects covered in this report

• Solar Tracker Market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Technology

• Solar Photovoltaic (PV)
• Concentrated Solar Power (CSP)
• Concentrated Photovoltaic (CPV)

By Installation Type

• Ground-Mounted
• Rooftop-Mounted

The approach of the report:

This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases.

After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience

This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to this industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.