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Solar Tracker Installation Market Market - Top Companies and Manufacturers

  • Report ID: 6402
  • Published Date: Sep 09, 2024
  • Report Format: PDF, PPT

Companies Dominating the Solar Tracker Installation Landscape

    Companies in the solar tracker installation market are focusing on producing advanced technology-based products in response to rising industrial demand for advanced tracking technologies. Manufacturing organizations are implementing a variety of organic and inorganic growth methods to broaden their global reach and product portfolios.

    • Soltec
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Array Technologies Inc.
    • Abengoa Solar S.A.
    • AllEarth Renewables, Inc.
    • DEGERenergie GmbH & Co. KG
    • NCLAVE Group
    • SunPower Corporation
    • Trina Solar Limited
    • ArcelorMittal S.A.
    • Tongwei Solar Co., Ltd.
Browse Key Market Insights with Data Illustration:

In the News

  • In July 2024, Soltec, a vertically integrated firm specializing in photovoltaic projects and solar trackers, launched a 4x4 solution to adapt to any terrain and location. Soltec uses this functionality to ensure optimal production of their solar trackers independent of the area and conditions in which the project is placed, reducing land preparation work.
  • In February 2024, Array Technologies, a global pioneer in utility-scale solar tracking technologies, has just released additional features for the Array STI H250 solar tracker. One of the most noteworthy enhancements is the new driveline motion transmission technology, which provides a more precise and efficient tracking experience while also increasing flexibility.
  • In August 2023, Panasonic Holdings Co., Ltd. developed a prototype of a glass-integrated perovskite solar cell and began a long-term demonstration experiment, including technical verification, for over a year in the model house "Future Co. -Creation FINECOURT III" recently built in the Fujisawa Sustainable Smart Town in Fujisawa City, Kanagawa Prefecture.

Author Credits:  Dhruv Bhatia


  • Report ID: 6402
  • Published Date: Sep 09, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of solar tracker installation was over USD 8.2 billion.

The market size for solar tracker installation is projected to cross USD 45.5 billion by the end of 2037 expanding at a CAGR of 14.1% during the forecast period i.e., between 2025-2037.

The major players in the market are Soltec, Array Technologies Inc., Abengoa Solar S.A., AllEarth Renewables, Inc., DEGERenergie GmbH & Co. KG, NCLAVE Group, SunPower Corporation, Trina Solar Limited, ArcelorMittal S.A., Tongwei Solar Co., Ltd., and others.

The single-axis segment is anticipated to garner a share of 62% during 2025-2037.

The North America solar tracker installation market is poised to hold a 35% share by the end of 2037.
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