Solar Tracker Market Outlook, 2030

The solar tracker industry has become a vital component of the global push toward renewable energy, offering significant improvements in the efficiency and performance of solar photovoltaic (PV) systems. A solar tracker is a device that orients solar panels toward the sun throughout the day to maximize energy capture. Unlike fixed-tilt systems, trackers follow the sun’s path, enabling panels to absorb more sunlight and produce more electricity often increasing output by 15% to 30% depending on the geographic location and system design.

The growing demand for cleaner energy, coupled with ambitious climate targets, falling solar component costs, and government-backed incentives, has propelled the adoption of solar tracking technologies in utility-scale and large commercial projects worldwide. As countries and corporations prioritize decarbonization, the utility-scale solar sector where trackers are most commonly used is experiencing rapid growth, and solar trackers have become a key differentiator in achieving higher return on investment and lower levelized cost of electricity (LCOE). The market is broadly categorized into single-axis and dual-axis trackers.

Single-axis trackers, which move panels along one direction (usually east to west), dominate the global market due to their simpler design, lower maintenance requirements, and cost-efficiency. These are especially popular in regions with high solar insolation and relatively flat terrains such as the United States, India, Spain, and parts of the Middle East.

According to the research report “Global Solar Tracker Market Outlook, 2030” 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. Dual-axis trackers, while more complex and expensive, offer even higher energy gains by adjusting panels both horizontally and vertically. These are typically used in applications where land is limited but solar efficiency is critical such as in research installations, high-latitude locations, or premium solar farms.

Technological advancements in materials, sensor integration, and automated control systems are further driving innovation, enabling trackers to be more weather-resistant, self-correcting, and compatible with bifacial solar modules, which capture sunlight from both sides. The industry is also witnessing increasing competitiveness among key players, including Nextracker, Array Technologies, Arctech Solar, and Soltec, all of which are expanding their global footprints and product portfolios. These companies are focusing on integrating digital solutions such as smart controllers, IoT-based monitoring systems, and predictive maintenance software to enhance system performance and reliability. Meanwhile, regional markets are showing varied dynamics.

North America especially the U.S. is the largest market due to massive utility-scale deployments supported by favorable tax incentives like the Investment Tax Credit (ITC). Asia-Pacific, led by China and India, is emerging as a high-growth region fueled by strong government solar programs, grid expansion, and the need to meet rising power demands sustainably. South America and the Middle East are also showing growing adoption, driven by abundant sunlight, declining technology costs, and increasing investor confidence in renewable infrastructure.

Market Drivers

• Increasing Demand for Utility-Scale Solar Projects: Large-scale solar installations are growing rapidly as governments and private sectors aim to meet renewable energy targets and reduce carbon footprints. Solar trackers significantly increase energy yield compared to fixed-tilt systems, making them the preferred choice for utility-scale projects looking to optimize return on investment and achieve a lower levelized cost of electricity (LCOE).
• Declining Costs of Solar Components and Systems: The continual fall in the cost of PV panels, inverters, and installation services has made solar power more affordable. This price decline has freed up budgets for performance-boosting components like trackers, accelerating their adoption. As the cost gap between fixed and tracking systems narrows, the value proposition of trackers becomes even more compelling.

Market Challenges

• High Initial Capital Investment and Maintenance Requirements: Solar tracking systems, especially dual-axis ones, involve higher upfront costs and more complex mechanical and electrical components than fixed-tilt systems. These systems can also require more frequent maintenance, especially in harsh weather environments, posing a challenge for budget-sensitive projects and developers in emerging markets.
• Structural Vulnerability in Extreme Weather Conditions: Solar trackers, due to their moving parts and elevation, are more exposed to wind, storms, snow loads, and sand abrasion. In regions prone to extreme weather, the risk of mechanical failure or damage increases, necessitating stronger designs, additional safety systems, or reinforcement all of which can add cost and complexity.

Market Trends

• Integration of Smart Technologies and IoT in Tracker Systems: Manufacturers are increasingly embedding solar trackers with IoT sensors, AI-powered controllers, and real-time monitoring platforms to optimize panel positioning, detect malfunctions early, and enable predictive maintenance. These smart trackers enhance performance, reduce downtime, and improve asset management over the plant's lifecycle.
• Rising Adoption of Bifacial Modules with Trackers: The combination of bifacial solar panels and trackers is gaining popularity as it allows for energy generation from both sides of the panel while optimizing sun exposure. This synergy significantly boosts overall system efficiency and is becoming a preferred solution for developers looking to maximize output on limited land.

Single-axis trackers are leading the solar tracker market because they offer a cost-effective balance between energy efficiency and system complexity, making them ideal for large-scale solar installations.

Single-axis trackers dominate the solar tracker market primarily because they deliver substantial gains in solar energy production at a relatively low additional cost compared to fixed-tilt systems, while maintaining a simpler and more robust design than dual-axis trackers. These systems rotate solar panels along one axis typically from east to west allowing them to follow the sun's daily path across the sky. This dynamic movement increases solar exposure throughout the day, enhancing power output by approximately 15% to 25% over stationary arrays.

Unlike dual-axis trackers, which move along two axes and require more sophisticated control systems and maintenance, single-axis trackers are more economical to install, operate, and repair, making them highly attractive for utility-scale solar developers focused on optimizing return on investment. Their streamlined design results in fewer moving parts, reducing the risk of mechanical failure, and allowing easier installation across large, flat terrains.

Moreover, the compatibility of single-axis trackers with various module types, including bifacial panels, and their proven performance in high-irradiance regions like the U.S., India, Spain, and parts of the Middle East, has further cemented their market leadership. As solar energy becomes increasingly central to global energy strategies, the single-axis tracking system strikes the right balance between performance improvement and operational simplicity making it the go-to choice for cost-sensitive yet performance-driven solar projects.

Solar Photovoltaic (PV) is leading in the solar tracker market because PV systems are highly compatible with tracking technologies, enabling greater energy yield, scalability, and cost-efficiency in utility-scale solar projects.

Solar Photovoltaic (PV) technology dominates the solar tracker market because it integrates seamlessly with tracking systems to significantly boost energy production, making it the most practical and cost-effective choice for large-scale solar power generation. Unlike solar thermal systems, which use mirrors or lenses to concentrate sunlight for heating purposes, PV panels convert sunlight directly into electricity an approach that benefits greatly from consistent and optimal solar exposure throughout the day.

When mounted on solar trackers, PV panels can follow the sun’s trajectory from sunrise to sunset, increasing the total amount of solar radiation absorbed and thereby enhancing power output by 15% to 30% compared to fixed-tilt installations. This makes tracking systems especially valuable in regions with high solar irradiance, such as North America, the Middle East, and parts of Asia-Pacific. Moreover, PV technology has seen a dramatic reduction in costs over the past decade, and it remains modular, lightweight, and easy to deploy over large land areas traits that align perfectly with the structure and operation of single- or dual-axis trackers.

The rise of bifacial PV modules, which generate power from both sides of the panel, further enhances the synergy with tracking systems, as the dynamic movement increases rear-side irradiance capture. As governments and utilities continue to invest in renewable energy infrastructure, the scalability and adaptability of PV combined with tracking solutions make this pairing the most commercially and technically viable in today’s solar energy landscape.

Active solar trackers are leading the solar tracker market because they provide precise, real-time alignment with the sun using automated systems, significantly increasing energy output and efficiency for utility-scale solar projects.

Active solar trackers dominate the solar tracker market due to their ability to dynamically and accurately follow the sun’s movement throughout the day, optimizing the angle of solar panels for maximum exposure. These systems use motors, actuators, and sensor-based control mechanisms to continually adjust the position of the solar modules in response to the sun’s changing position in the sky. This real-time adaptability leads to a substantial increase in energy yield often 20% to 30% more than fixed-tilt or passive tracking systems, which rely on gravity, thermal expansion, or manual repositioning.

As utility-scale solar farms seek to maximize output from limited land and reduce the levelized cost of electricity (LCOE), active trackers offer the ideal balance of performance and scalability. They are particularly beneficial in high-irradiance regions where solar intensity changes throughout the day and seasons, allowing the system to continuously optimize power generation.

Technological advancements in motor efficiency, weather-resilient components, and intelligent tracking algorithms have further improved the reliability, lifespan, and cost-effectiveness of active tracking systems. Additionally, active trackers are increasingly integrated with data analytics and IoT platforms, enabling remote monitoring, predictive maintenance, and smart adjustments based on weather conditions and performance metrics.

Utility-scale projects are leading the solar tracker market because they have the scale, land availability, and financial resources to deploy tracker systems that significantly enhance energy output and return on investment.

Utility-scale solar projects dominate the solar tracker market because they are uniquely positioned to capitalize on the performance benefits that tracking systems offer. These large-scale installations, typically spanning hundreds of acres, are designed to generate electricity for grid distribution rather than on-site consumption, which makes maximizing energy yield critical to their profitability and long-term success. Solar trackers, particularly single-axis systems, are ideal for such expansive sites, as they allow photovoltaic panels to follow the sun’s path throughout the day, capturing more solar irradiance and increasing electricity production by 15-30% compared to fixed-tilt arrays.

This efficiency gain is crucial in driving down the levelized cost of electricity (LCOE) a key performance metric for utility operators and investors. Unlike residential or small commercial installations, utility-scale projects benefit from economies of scale, which help absorb the higher upfront costs and maintenance requirements of solar tracking systems. Additionally, these projects are typically backed by substantial financial investments, favorable government policies, and long-term power purchase agreements (PPAs), enabling developers to justify the additional capital expenditure in exchange for greater energy returns.

Utility-scale sites also tend to be located in areas with high solar irradiance and flat terrain, such as the American Southwest, India, and the Middle East, where trackers perform most effectively. With land and space not as constrained as in urban or rooftop settings, these projects can accommodate the movement and spacing requirements of tracker systems without compromise. Moreover, the integration of smart technologies and remote monitoring tools allows operators to manage thousands of tracking units efficiently across a single site, ensuring optimal performance.

North America is leading the solar tracker market due to its high concentration of utility-scale solar projects, favorable government policies, and the presence of key industry players driving innovation and deployment.

North America particularly the United States holds a dominant position in the global solar tracker market because of its strong foundation in utility-scale solar energy development, progressive clean energy mandates, and technological leadership. The U.S. solar industry has seen rapid expansion over the past decade, with many large-scale solar farms integrating tracking systems to enhance energy yield and improve overall project economics. Federal and state-level policies, such as the Investment Tax Credit (ITC) and renewable portfolio standards (RPS), have incentivized developers to adopt more efficient solar technologies like single-axis and dual-axis trackers to maximize return on investment.

The region’s vast, flat landscapes especially in the Southwest, Texas, and California provide ideal conditions for tracker deployment, with high solar irradiance and minimal geographic barriers. Furthermore, North America is home to some of the world’s leading solar tracker manufacturers and technology providers, including Nextracker, Array Technologies, and Soltec, who continuously innovate to improve tracker durability, automation, and integration with smart data systems. These companies often launch their products and pilot innovations domestically before scaling globally, giving North America a technological edge.

In addition to the private sector, public utilities and independent power producers (IPPs) in the U.S. and Canada are actively investing in large-scale solar projects equipped with trackers to meet growing clean energy demands and grid reliability standards. The increasing adoption of bifacial solar panels, which pair especially well with tracking systems for enhanced output, has also contributed to the region’s leadership.

• In February 2024, Array technologies Inc. and aluminum products company (ALUPCO®) have formed a strategic partnership, combining Array’s industry-leading products with ALUPCO®’s leading production capabilities to expand the growth of renewable energy projects in the Middle East.
• In January 2024, Arctech solar handling Co. Ltd expanded its business to Turkey by forming a partnership with Alpon Energy, a solar company specializing in solar trackers, as well as engineering, procurement, and construction (EPC) work.
• In January 2024, First Solar Inc. partnered with cleantech solar to procure clean energy for its Sriperumbudur plant. Under the agreement, cleantech solar would provide clean electricity to First Solar’s 3.3 gigawatt vertically integrated solar manufacturing facility in Sriperumbudur.

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.