Solar Trackers Market, Global Outlook and Forecast 2023-2030

The global Solar Trackers market was valued at US$ 218.1 million in 2022 and is projected to reach US$ 666.8 million by 2029, at a CAGR of 17.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Solar trackers are utilized to move photovoltaic panels toward the sun to utilize more sunlight. They enable solar modules to remain in the best position to accumulate maximum energy from the sun. The application of tracking technology allows solar panels to follow the movement of the sun and increase electricity production as compared to a stationary array. Solar trackers are attached to solar panels to adjust their positioning against the daily passage of the sun throughout the year as the weather and seasons change.

Report Sample includes:

- Table of Contents

- List of Tables & Figures

- Charts

- Research Methodology

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This report aims to provide a comprehensive presentation of the global market for Solar Trackers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Solar Trackers. This report contains market size and forecasts of Solar Trackers in global, including the following market information:

Global Solar Trackers Market Revenue, 2018-2023, 2024-2030, ($ millions)

Global Solar Trackers Market Sales, 2018-2023, 2024-2030, (K Units)

Global top five Solar Trackers companies in 2022 (%)

The market size for solar tracker has been estimated on the basis of indicators in product segments. This report also discusses various applications and technology of solar trackers. The major applications considered under the solar tracker market cover the utility and non-utility. Whereas, key product segments analyzed in this report include single axis and dual axis solar trackers. The market is also analyzed based on technology including solar PV, CPV and CSP. Furthermore, the market is analyzed based on geography that constitutes countries such as UAE, South Africa and Saudi Arabia.

We surveyed the Solar Trackers manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Solar Trackers Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)

Global Solar Trackers Market Segment Percentages, by Type, 2022 (%)

• Single Axis

• Dual Axis

Global Solar Trackers Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)

Global Solar Trackers Market Segment Percentages, by Application, 2022 (%)

• Utility

• Non-Utility

Global Solar Trackers Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)

Global Solar Trackers Market Segment Percentages, By Region and Country, 2022 (%)

• North America

• US

• Canada

• Mexico

• Europe

• Germany

• France

• U.K.

• Italy

• Russia

• Nordic Countries

• Benelux

• Rest of Europe

• Asia

• China

• Japan

• South Korea

• Southeast Asia

• India

• Rest of Asia

• South America

• Brazil

• Argentina

• Rest of South America

• Middle East & Africa

• Turkey

• Israel

• Saudi Arabia

• UAE

• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Solar Trackers revenues in global market, 2018-2023 (Estimated), ($ millions)

• Key companies Solar Trackers revenues share in global market, 2022 (%)

• Key companies Solar Trackers sales in global market, 2018-2023 (Estimated), (K Units)

• Key companies Solar Trackers sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Soitec SA

• Arctech

• Array Technologies

• Convert Italia

• First Solar

• NEXTracker

• Abengoa

• AllEarth Renewables

• Edisun Microgrids

• Exosun

• GameChange Solar

• Haosolar

• Mahindra Susten

• Scorpius Trackers

• Solar FlexRack

• Sun Action Trackers

• SunLink

• SunPower

Outline of Major Chapters:

Chapter 1: Introduces the definition of Solar Trackers, market overview.

Chapter 2: Global Solar Trackers market size in revenue and volume.

Chapter 3: Detailed analysis of Solar Trackers manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Solar Trackers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Solar Trackers capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

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