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South America Solar Tracker Market Outlook, 2030

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    Report

  • 82 Pages
  • June 2025
  • Bonafide Research
  • ID: 6103261
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The solar tracker industry in South America is undergoing a transformative expansion, fueled by the region's abundant solar resources, increasing demand for sustainable energy, and a rising number of utility-scale solar projects. As solar energy becomes a cornerstone of South America's transition away from fossil fuels, solar tracking technologies devices that allow solar panels to follow the sun's path are being adopted to optimize energy generation. These systems, particularly single-axis and dual-axis trackers, enhance photovoltaic (PV) performance by increasing solar panel exposure throughout the day, significantly boosting output efficiency.

This has made them highly attractive to project developers seeking to improve project returns and reduce the levelized cost of electricity (LCOE) across diverse terrains and climates in the region. One of the main drivers of the solar tracker market in South America is the region's exceptional solar irradiance, especially in countries such as Chile, Brazil, Argentina, and Peru. The Atacama Desert in northern Chile, for example, is among the sunniest places on Earth and has become a hub for large-scale solar farms equipped with advanced tracking systems.

Chile’s progressive energy policies, along with its ambitious commitment to achieve carbon neutrality by 2050, have created a strong investment climate for solar energy infrastructure including trackers that maximize energy output and optimize land use. Similarly, Brazil has emerged as a leader in solar development in Latin America, with its vast interior regions offering optimal conditions for deploying solar farms that increasingly utilize single-axis tracking systems to meet growing electricity demand while reducing dependency on hydro and thermal sources.

Governments across South America are playing a crucial role in accelerating the adoption of solar tracking systems by implementing favorable policies, auction schemes, and incentives aimed at encouraging renewable energy deployment. The Brazilian government’s energy auctions, for instance, have opened the door for solar projects that prioritize efficient land and resource use, thereby favoring tracker-based systems.

According to the research report “South America Solat Tracker Market Outlook, 2030” the market is projected to add USD 1.58 Billion market size from 2025 to 2030.In Argentina, the RenovAr program has attracted both domestic and international investment in solar energy, many of which include tracker installations as part of their efficiency-maximizing strategies. This institutional backing has created an environment where tracking systems are not just viable but increasingly expected in large-scale solar development. Another factor boosting the adoption of trackers in South America is the growing presence of international and regional solar technology providers.

Global leaders in tracker manufacturing, including companies like Nextracker, Array Technologies, and Soltec, have expanded their operations across Latin America, either through local offices or strategic partnerships. These players offer trackers designed to withstand the varied environmental conditions of South America ranging from the dry deserts of Chile to the humid tropics of northern Brazil. This localization effort, combined with competitive pricing and advancements in smart tracking algorithms, has made tracker systems more accessible and adaptable to the diverse geographies of the region.

The rise of bifacial solar modules panels that capture light from both their front and rear sides has also catalyzed the growth of the tracker market. When paired with single-axis trackers, bifacial modules achieve significantly higher energy yields, a combination that is being increasingly implemented in South American solar farms. This approach is especially effective in arid regions where the ground reflectivity (albedo) is high, making it possible to generate more power per installed panel and reduce overall system costs. The synergistic use of bifacial panels and tracking systems is emerging as a standard practice in the region’s next generation of solar developments.

Market Drivers

  • High Solar Irradiation and Vast Available Land: South America, especially countries like Brazil, Chile, and Argentina, enjoys some of the world’s highest solar irradiance levels, particularly in regions like the Atacama Desert and northeastern Brazil. Combined with ample undeveloped land, this makes the region ideal for deploying solar trackers, which significantly increase energy yield by following the sun’s path.
  • National Renewable Energy Auctions and Foreign Investment: Government-led renewable energy auctions in countries like Brazil and Chile have encouraged large-scale solar installations that increasingly favor tracker systems to enhance output and competitiveness. Additionally, the region’s attractiveness to foreign investors and multilateral climate finance institutions is fueling tracker adoption in utility-scale projects.

Market Challenges

  • Economic Instability and Currency Volatility: Several South American nations face economic uncertainty, including fluctuating currencies, inflation, and shifting political climates. These factors create investment risks and may inflate the cost of imported tracker technologies or delay project timelines.
  • Limited Technical Expertise and Skilled Labor: The growth of advanced solar technologies like trackers is sometimes constrained by insufficient local expertise for proper installation, maintenance, and troubleshooting. This results in increased reliance on foreign technicians, higher O&M costs, and operational inefficiencies in rural or less developed areas.

Market Trends

  • Rise of Hybrid and Distributed Solar Projects: In addition to utility-scale solar, South America is witnessing a rise in hybrid solar systems and distributed generation in areas with unreliable grids. Trackers are increasingly being integrated into these systems, especially in off-grid industrial, mining, and agricultural applications.
  • Local Manufacturing and Supply Chain Development: To reduce reliance on imports and mitigate currency-related risks, countries like Brazil are encouraging domestic production of solar components, including tracker parts. This not only strengthens local supply chains but also lowers installation costs and facilitates customization for regional conditions.
Active solar trackers are leading in the South America solar tracker market due to their ability to significantly increase energy yield in regions with high solar irradiance, particularly benefiting large-scale solar projects in countries like Brazil and Chile.

The dominance of active solar trackers in the South American solar tracker market is primarily driven by the region’s geographic and climatic advantages, coupled with the growing focus on utility-scale solar power generation. Countries like Brazil, Chile, and Argentina have vast expanses of land with consistent and intense solar irradiation, making them ideal environments for solar power generation. Active trackers equipped with motors and sensor-based systems are designed to follow the sun’s path throughout the day, which allows solar panels to remain optimally aligned with sunlight and significantly boosts energy output compared to fixed or passive systems.

This increase in efficiency is crucial for large-scale solar farms where maximizing return on investment is critical. Moreover, government-backed renewable energy auctions and favorable policy frameworks in several South American countries have incentivized the deployment of high-efficiency solar technologies, making active trackers a logical and economically viable choice.

The maturity of local engineering capabilities and the presence of global tracker suppliers have further enabled cost-effective adoption of these systems. As South America continues to expand its renewable energy infrastructure to meet growing electricity demands and environmental commitments, the superior performance and scalability of active trackers position them as the leading technology in the region’s solar tracker market.

Utility-scale projects are leading in the South America solar tracker market due to the region’s abundant land availability, high solar irradiance, and strong government support for large-scale renewable energy development.

In South America, utility-scale solar projects have taken the lead in the solar tracker market largely because they offer the most efficient path toward meeting national clean energy goals while capitalizing on the region’s vast and sun-rich landscapes. Countries like Brazil, Chile, and Argentina have implemented aggressive renewable energy policies, including long-term energy auctions and feed-in tariffs, that prioritize large-scale solar installations to quickly expand grid-connected renewable capacity. These projects benefit significantly from solar trackers particularly active single-axis systems that increase electricity generation by aligning panels with the sun throughout the day.

Given that utility-scale farms are typically located in remote, sparsely populated areas with flat terrain and minimal land-use conflict, the deployment of ground-mounted trackers is logistically and economically advantageous. Moreover, utility-scale developments allow for greater economies of scale, reducing the per-unit cost of tracker systems and installation.

International investors and developers are also attracted to these large-scale opportunities, bringing in advanced tracker technologies and construction capabilities. As South American nations aim to decarbonize their energy sectors and ensure energy security, utility-scale solar projects using advanced tracking systems stand out as the most impactful, scalable, and cost-effective solution, thereby cementing their leadership in the region’s solar tracker market.

Ground-mounted systems are leading in the South America solar tracker market due to the region’s abundant open land and the suitability of these systems for large-scale utility projects that demand optimal solar exposure and efficiency.

The prevalence of ground-mounted solar systems in the South American solar tracker market is primarily driven by the region’s geographic advantages and the nature of its rapidly expanding solar energy infrastructure. Countries such as Brazil, Chile, and Argentina possess vast, unoccupied land areas with high solar irradiance, making them ideal for the deployment of large-scale solar farms where ground-mounted systems are the most practical and efficient choice. These installations offer flexibility in tracker alignment, maintenance access, and scalability, all of which are essential for maximizing energy generation in utility-scale projects.

Ground-mounted configurations also allow for the easy integration of advanced solar tracking technologies, especially single-axis and dual-axis trackers, which are essential for boosting output in regions with strong and consistent sunlight. Furthermore, ground-based systems reduce structural complexity compared to rooftop or building-integrated alternatives, lowering installation costs and simplifying long-term operation.

Supportive government policies, including renewable energy auctions and public-private investment schemes, further encourage the proliferation of utility-scale projects that rely heavily on ground-mounted solar trackers. As South America accelerates its transition to renewable energy and capitalizes on its solar-rich environment, ground-mounted systems remain the foundation of choice for efficient, large-scale, tracker-equipped solar installations across the continent.

Brazil is leading in the South America solar tracker market due to its vast solar potential, favorable government policies, and significant investment in utility-scale solar projects utilizing advanced tracking technologies.

Brazil’s leadership in the South American solar tracker market is anchored in its expansive geography, high solar irradiance especially in the northeastern and central regions and a proactive governmental approach to clean energy development. The country has consistently ranked as one of the top renewable energy markets in Latin America, thanks to strong policy support including long-term energy auctions, net metering incentives, and tax benefits that attract both local and international investment.

Utility-scale solar farms, which are the primary application for solar trackers, have seen rapid growth across Brazil, particularly in states like Bahia, Minas Gerais, and Piauí, where flat, sun-drenched land is plentiful and ideally suited for ground-mounted systems. Solar trackers, especially active single-axis models, are widely deployed to maximize the efficiency of these large installations, boosting energy yields and improving return on investment. Additionally, Brazil has cultivated a robust supply chain and growing domestic manufacturing base for solar components, including trackers, which further reduces costs and facilitates rapid deployment.
  • In July 2022, Arctech signed an agreement with Mori Energia to supply solar photovoltaic (PV) trackers for the 168 MW Skyline Project located in Brazil. This partnership marked a significant step in expanding Arctech's presence in the South American renewable energy market.
  • Earlier, in April 2022, Arctech secured a contract to supply 257 MW of fixed tilt structure solar trackers for a major solar PV project in Chile, further strengthening its role as a key player in Latin America's solar energy infrastructure development.

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.

Table of Contents

1. Executive Summary
2. Market Dynamics
2.1. Market Drivers & Opportunities
2.2. Market Restraints & Challenges
2.3. Market Trends
2.4. Supply chain Analysis
2.5. Policy & Regulatory Framework
2.6. Industry Experts Views
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. Market Structure
4.1. Market Considerate
4.2. Assumptions
4.3. Limitations
4.4. Abbreviations
4.5. Sources
4.6. Definitions
5. Economic /Demographic Snapshot
6. South America Solar Tracker Market Outlook
6.1. Market Size By Value
6.2. Market Share By Country
6.3. Market Size and Forecast, By Axis Type
6.4. Market Size and Forecast, By Technology
6.5. Market Size and Forecast, By Application
6.6. Market Size and Forecast, By Installation Type
6.7. Brazil Solar Tracker Market Outlook
6.7.1. Market Size by Value
6.7.2. Market Size and Forecast By Axis Type
6.7.3. Market Size and Forecast By Technology
6.7.4. Market Size and Forecast By Installation Type
6.8. Argentina Solar Tracker Market Outlook
6.8.1. Market Size by Value
6.8.2. Market Size and Forecast By Axis Type
6.8.3. Market Size and Forecast By Technology
6.8.4. Market Size and Forecast By Installation Type
6.9. Colombia Solar Tracker Market Outlook
6.9.1. Market Size by Value
6.9.2. Market Size and Forecast By Axis Type
6.9.3. Market Size and Forecast By Technology
6.9.4. Market Size and Forecast By Installation Type
7. Competitive Landscape
7.1. Competitive Dashboard
7.2. Business Strategies Adopted by Key Players
7.3. Key Players Market Positioning Matrix
7.4. Porter's Five Forces
7.5. Company Profile
7.5.1. Arctech Solar Holding Co., Ltd.
7.5.1.1. Company Snapshot
7.5.1.2. Company Overview
7.5.1.3. Financial Highlights
7.5.1.4. Geographic Insights
7.5.1.5. Business Segment & Performance
7.5.1.6. Product Portfolio
7.5.1.7. Key Executives
7.5.1.8. Strategic Moves & Developments
7.5.2. Trina Solar Co., Ltd.
7.5.3. PV Hardware (PVH)
7.5.4. Antaisolar
7.5.5. GameChange Solar
7.5.6. Nextracker Inc.
7.5.7. Array Technologies, Inc.
7.5.8. Gonvarri Solar Steel S.L.
8. Strategic Recommendations
9. Annexure
9.1. FAQ`s
9.2. Notes
9.3. Related Reports
10. Disclaimer
List of Figures
Figure 1: Global Solar Tracker Market Size (USD Billion) By Region, 2024 & 2030
Figure 2: Market attractiveness Index, By Region 2030
Figure 3: Market attractiveness Index, By Segment 2030
Figure 4: South America Solar Tracker Market Size By Value (2019, 2024 & 2030F) (in USD Million)
Figure 5: South America Solar Tracker Market Share By Country (2024)
Figure 6: Brazil Solar Tracker Market Size By Value (2019, 2024 & 2030F) (in USD Million)
Figure 7: Argentina Solar Tracker Market Size By Value (2019, 2024 & 2030F) (in USD Million)
Figure 8: Colombia Solar Tracker Market Size By Value (2019, 2024 & 2030F) (in USD Million)
Figure 9: Porter's Five Forces of Global Solar Tracker Market
List pf Tables
Table 1: Global Solar Tracker Market Snapshot, By Segmentation (2024 & 2030) (in USD Billion)
Table 2: Influencing Factors for Solar Tracker Market, 2024
Table 3: Top 10 Counties Economic Snapshot 2022
Table 4: Economic Snapshot of Other Prominent Countries 2022
Table 5: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 6: South America Solar Tracker Market Size and Forecast, By Axis Type (2019 to 2030F) (In USD Million)
Table 7: South America Solar Tracker Market Size and Forecast, By Technology (2019 to 2030F) (In USD Million)
Table 8: South America Solar Tracker Market Size and Forecast, By Application (2019 to 2030F) (In USD Million)
Table 9: South America Solar Tracker Market Size and Forecast, By Installation Type (2019 to 2030F) (In USD Million)
Table 10: Brazil Solar Tracker Market Size and Forecast By Axis Type (2019 to 2030F) (In USD Million)
Table 11: Brazil Solar Tracker Market Size and Forecast By Technology (2019 to 2030F) (In USD Million)
Table 12: Brazil Solar Tracker Market Size and Forecast By Installation Type (2019 to 2030F) (In USD Million)
Table 13: Argentina Solar Tracker Market Size and Forecast By Axis Type (2019 to 2030F) (In USD Million)
Table 14: Argentina Solar Tracker Market Size and Forecast By Technology (2019 to 2030F) (In USD Million)
Table 15: Argentina Solar Tracker Market Size and Forecast By Installation Type (2019 to 2030F) (In USD Million)
Table 16: Colombia Solar Tracker Market Size and Forecast By Axis Type (2019 to 2030F) (In USD Million)
Table 17: Colombia Solar Tracker Market Size and Forecast By Technology (2019 to 2030F) (In USD Million)
Table 18: Colombia Solar Tracker Market Size and Forecast By Installation Type (2019 to 2030F) (In USD Million)
Table 19: Competitive Dashboard of top 5 players, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Arctech Solar Holding Co., Ltd.
  • Trina Solar Co., Ltd.
  • PV Hardware (PVH)
  • Antaisolar
  • GameChange Solar
  • Nextracker Inc.
  • Array Technologies, Inc.
  • Gonvarri Solar Steel S.L.