New study on the Solar Tracker Market
Visiongain has published a new report entitled Solar Tracker Market Report 2025-2035 (Including Impact of U.S. Trade Tariffs): Forecasts by Type (Single-Axis Tracker, Dual-Axis Tracker), by Technology (Photovoltaic (PV), Concentrated Solar Power (CSP), Other), by Drive System (Manual Tracker, Active Tracker, Passive Tracker, Other), by Application (Utility, Residential, Industrial, Commercial, Other) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies.
The global solar tracker market is projected to grow at a CAGR of 19.4% from 2025 to 2035.
Impact of US Trade Tariffs on the Global Solar Tracker Market
Recent U.S. tariffs on imported solar components have significantly impacted the global solar tracker market, influencing supply chains, cost structures, and investment strategies. In the United States, these tariffs have increased solar project costs, as domestic manufacturing capacity struggles to meet demand. This has resulted in delays and cancellations of some projects, potentially hindering progress toward renewable energy goals. Conversely, the tariffs have boosted domestic manufacturers, such as First Solar, which have seen increased demand for their products. This has led to job creation and investment in the U.S. solar manufacturing sector.
Globally, countries like China have redirected their solar exports to other markets, such as Africa and Latin America, due to reduced access to the U.S. market. This shift has altered global trade dynamics and may lead to overcapacity issues in China’s domestic market. While the U.S. tariffs aim to strengthen domestic manufacturing, they have introduced complexities into the global solar tracker market, affecting project timelines, costs, and international trade relationships. In response, Asian countries have adjusted their trade strategies. China, facing high U.S. tariffs, has increased its solar exports to Asia and Africa, with Asia accounting for 37% of Chinese exports in Q1 2025, up from 25.4% in 2024. India has imposed anti-dumping duties of up to $664 per tonne on certain solar glass imports from China and Vietnam to protect its domestic industry.
Regulatory Support and Climate Commitments
Government policies and international climate commitments are playing a vital role in boosting solar tracker adoption. The implementation of supportive regulations such as feed-in tariffs, investment tax credits (ITCs), and renewable energy auctions have catalyzed investment in solar infrastructure, particularly in emerging economies. One prominent example is the extension of the U.S. federal Investment Tax Credit (ITC) through the Inflation Reduction Act (IRA). This policy not only prolongs tax incentives for solar installations through 2032 but also includes adders for domestic manufacturing and energy community projects, making solar tracker projects more financially viable. In India, policies such as the Basic Customs Duty (BCD) on solar imports have encouraged local tracker manufacturing, benefiting domestic players like Adani Solar and Vikram Solar, who are now integrating tracker systems to offer bundled EPC solutions.
Furthermore, the European Green Deal and China’s 2060 carbon neutrality pledge are pushing utility-scale developers toward more efficient PV deployments, where trackers provide an attractive path to enhanced returns under tightening emissions targets.
How will this Report Benefit you?
Visiongain’s 368-page report provides 112 tables and 169 charts/graphs.
(Including Impact of U.S. Trade Tariffs): Forecasts by Type (Single-Axis Tracker, Dual-Axis Tracker), by Technology (Photovoltaic (PV), Concentrated Solar Power (CSP), Other), by Drive System (Manual Tracker, Active Tracker, Passive Tracker, Other), by Application (Utility, Residential, Industrial, Commercial, Other) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies.
Our new study is suitable for anyone requiring commercial, in-depth analyses of the solar tracker market and detailed segment analysis. It will help you evaluate the overall global and regional market for solar trackers. We believe that there are strong opportunities in this fast-growing market.
What are the Current Market Drivers?
Rising Demand for Utility-Scale Solar Projects
The rapid growth in global electricity demand, coupled with increasing affordability of solar energy, has accelerated utility-scale solar deployments, thus driving demand for trackers. As solar becomes a core component of national energy strategies, especially in regions with high solar irradiance such as Latin America, the Middle East, and Africa, solar trackers are increasingly integrated into large-scale installations to maximise energy yield.
Countries like Brazil, with annual solar growth rates exceeding 40%, deploy trackers in arid regions to harness maximum insolation. In the U.S., over 80% of new utility-scale solar farms commissioned in 2024 included solar tracking systems, according to SEIA. Leading EPC firms such as First Solar, SunPower, and ACWA Power are standardising tracker integration to achieve superior performance metrics and meet investor expectations for ROI and sustainability.
Moreover, tech giants like Google, Amazon, and Meta have intensified the demand for high-performance solar installations through corporate procurement of solar power through power purchase agreements (PPAs). Trackers, by ensuring higher and more stable energy output, support the fulfilment of long-term clean energy commitments made by these corporations.
Competitive Landscape and Vertical Integration Strategies
The solar tracker market is becoming increasingly competitive, with a mix of established multinationals, regional players, and new entrants vying for market share. This dynamic has led to increased consolidation and strategic partnerships, fostering economies of scale and accelerated innovation.
For example, NEXTracker, a Flex company, has expanded its global footprint through strategic joint ventures in India and Latin America. At the same time, Arctech Solar has invested heavily in R&D to develop wind-resistant and terrain-adaptive solutions suitable for extreme weather environments. Furthermore, vertical integration strategies, such as tracker manufacturers offering in-house design, installation, and O&M services, enable tighter quality control and cost savings.
This evolving competitive landscape not only drives prices downward but also encourages differentiation through smart tracker technologies, modular design, and energy yield guarantees. As developers seek reliability, long-term warranties, and predictive analytics, companies that offer end-to-end value-added services are gaining a competitive edge.
Where are the Market Opportunities?
Integration with Bifacial and High-Efficiency Solar Modules
Another significant opportunity arises from the growing deployment of bifacial solar panels and high-efficiency PV modules, which synergise well with tracking systems. Bifacial panels, capable of capturing sunlight from both sides, deliver enhanced output when paired with single-axis or dual-axis trackers that maintain optimal tilt angles and minimise shading.
This integration is becoming increasingly popular in the United States, Australia, and the UAE, where projects utilising bifacial modules with trackers have shown 10–20% higher energy yield than traditional setups. Companies such as Array Technologies and GameChange Solar are actively optimising their tracker designs to accommodate bifacial modules, using specialised algorithms and reflective ground covers to amplify rear-side irradiance.
As module prices continue to decline and performance improves, tracker-enabled systems with bifacial compatibility will become the new standard for utility-scale projects. This will offer attractive returns on investment and push tracker penetration higher across global markets.
Digitalisation and Predictive Maintenance Enhancements
The energy sector’s digital transformation has created substantial opportunities for smart trackers incorporating real-time data analytics, remote monitoring, and predictive maintenance. Solar trackers equipped with IoT sensors and AI-driven software can dynamically respond to weather conditions, optimise performance based on irradiance data, and reduce operational downtime through automated alerts and diagnostics.
These features are particularly valuable in large-scale installations where traditional manual inspections are resource-intensive. Companies like NEXTracker (with its TrueCapture system) and PVHardware are leading this evolution by integrating intelligent control platforms that continuously learn from environmental conditions and historical performance.
Adopting such digital capabilities enhances system reliability and energy generation, offering developers and investors greater transparency and control over asset performance. As digital infrastructure becomes more accessible and cost-effective, smart trackers are poised to redefine the standards of operational excellence in the solar industry.
Competitive Landscape
The major players operating in the solar tracker market are ADES Tempero Group, Aivatechology, All Earth Renewables, ArcelorMittal, Arctech Solar Holding Co., Ltd., Array Technologies, Inc., FTC Solar , Gamechange Solar, Nextracker Inc., PV Hardware, Soltec Power Holdings S.A., Sun Action Trackers, Trina Solar, Valmont Industries, Inc., These major players operating in this market have adopted various strategies comprising M&A, collaborations, investment in R&D, regional business expansion, partnerships, and new product launch.
Recent Developments
Notes for Editors
If you would like a more detailed overview of this report, please email contactus@visiongain.com or call +44 207 336 6100.
About Visiongain
Visiongain is a leading market intelligence company offering data-driven forecasts and analysis across 18+ industries. Learn more at www.visiongain.com
