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| Data Timeline | Historical Data: 2022–2025 | Base Year: 2025 | Forecast Period: 2026–2034 |
|---|---|
| Type Segment | Horizontal Single Axis Solar Trackers, Vertical Single Axis Solar Trackers |
| Technology Segment | Active Solar Trackers, Passive Solar Trackers |
| Application Segment | Utility-Scale Solar Power Plants, Commercial Solar Installations, Residential Solar Installations |
|---|---|
| Distribution Channel Segment | Direct Sales, Distributors, Online Sales |
| Regions & Countries |
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Increasing Demand for Renewable Energy Rising Energy Costs Increasing Technological Advancements
High Initial Costs Maintenance and Operational Costs
Integration of AI and IoT Increasing Focus on Durability and Reliability
Country-level data · Company profiles · Editable dataset · Analyst consultation included.
| Region / Country | 2021 (A) | 2025 (A) | 2033 (P) | CAGR |
|---|
A = Actual · E = Estimated · P = Projected · 🔒 Locked values require full access. Click headers to sort.
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The competitive landscape of the Single Axis Solar Tracker market features numerous key players, such as NEXTracker, Array Technologies, and First Solar, amongst others. These corporations leverage technological improvements and strategic partnerships to beautify product performance and decrease fees. Market members are increasingly more specialized in increasing their geographic presence and investing in research and improvement to enhance tracker designs. The developing demand for renewable power, in addition, intensifies opposition to this swiftly evolving region.
In February 2023, PVHardware declared that it would construct the biggest solar tracker plant in the world in Spain. The total size of this facility will be 65,000 square meters. The company aims to become the leading manufacturer of solar trackers in the world by increasing its capacity to 25 GW. (Source: https://pvhardware.com/pvh-worlds-largest-solar-tracker-factory/ In February 2023, According to an agreement between Solar Steel and Electrum, Solar Steel will provide its 21MW TracSmarT PLUS solar trackers for the Osów project, reportedly the biggest solar tracking project in Poland. More than 4,200 tons of carbon dioxide (Co2) emissions will be avoided each year thanks to the single-rowed solar trackers, which will supply electricity equal to the use of about 7,000 dwellings. (Source: https://www.gsolarsteel.com/gonvarri-solar-steel-supplies-21-mw-of-trackers-to-electrum-holding-in-poland/ )
| Company | 2022 (A) | 2023 (A) | 2024 (A) | 2025 (A) |
|---|---|---|---|---|
| NEXTracker (U.S.) | ••• | ••• | ••• | ••• |
| Array Technologies (U.S.) | ••• | ••• | ••• | ••• |
| Trina Solar (China) | ••• | ••• | ••• | ••• |
| SunPower Corporation (U.S.) | ••• | ••• | ••• | ••• |
| ArcelorMittal Projects (Luxembourg) | ••• | ••• | ••• | ••• |
| Soltec (Spain) | ••• | ••• | ••• | ••• |
| Convert Italia (Italy) | ••• | ••• | ••• | ••• |
| PV Hardware (Spain) | ••• | ••• | ••• | ••• |
| Arctech Solar (U.S.) | ••• | ••• | ••• | ••• |
| Solar Steel (Spain) | ••• | ••• | ••• | ••• |
| Ideematec (Germany) | ••• | ••• | ••• | ••• |
| SunPower (U.S.) | ••• | ••• | ••• | ••• |
| Scorpius Trackers (India) | ••• | ••• | ••• | ••• |
| Sun Action Trackers (U.S.) | ••• | ••• | ••• | ••• |
Revenue data requires full access. *2nd & 3rd tier companies available on enquiry.
Request company profile for validation →According to Cognitive Market Research, the global Single Axis Solar Tracker market size was USD 24152.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 11.50% from 2024 to 2031.
The Single Axis Solar Tracker market involves systems that regulate the orientation of solar panels along one axis, optimizing their publicity to sunlight at some point of the day. These trackers beautify electricity efficiency by increasing the amount of sun radiation captured, leading to higher power output compared to fixed installations. Typically installed in large sun farms, single-axis trackers are gaining a reputation because of their fee-effectiveness and capacity to maximize land use. The marketplace is driven by using developing demand for renewable electricity, advancements in sun generation, and supportive government regulations geared toward increasing solar capability. This quarter performs a critical position within the international shift in the direction of sustainable electricity solutions.
In APRIL 2023, In the upcoming years, Nextracker Inc. intends to double India's solar tracker production capacity to 10 gigawatts. 100% of the products will be produced domestically, and the semiconductors will be manufactured under the production-linked incentives plan. According to the business, at least 7-8 GW of projects would have trackers each year, helping India reach its goal of 500 GW of renewable energy by 2030. (Source: https://www.ndtvprofit.com/business/nextracker-to-double-india-manufacturing-capacity-to-10-gw
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| Type | Horizontal Single Axis Solar Trackers, Vertical Single Axis Solar Trackers |
| Technology | Active Solar Trackers, Passive Solar Trackers |
| Application | Utility-Scale Solar Power Plants, Commercial Solar Installations, Residential Solar Installations |
| Distribution Channel | Direct Sales, Distributors, Online Sales |
| List of Competitors | NEXTracker (U.S.), Array Technologies (U.S.), Trina Solar (China), SunPower Corporation (U.S.), ArcelorMittal Projects (Luxembourg), Soltec (Spain), Convert Italia (Italy), PV Hardware (Spain), Arctech Solar (U.S.), Solar Steel (Spain), Ideematec (Germany), SunPower (U.S.), Scorpius Trackers (India), Sun Action Trackers (U.S.) |
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
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Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
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