by According to Precedence Research, during the forecast period of 2022 to 2030, the global solar tracker market is estimated to develop at a compound annual growth rate (CAGR) of 15.6%. The global solar tracker market was valued at USD 19.94 billion in 2021, and it is predicted to exceed USD 64.6 billion by 2030. The study investigates several elements and their consequences on the growth of the solar tracker market.
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This report focuses on solar tracker market volume and value at the global level, regional level and company level. From a global perspective, this report represents overall solar tracker market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Middle East & Africa, Latin America, etc.
Report Scope of the Solar Tracker Market
| Report Coverage | Details |
| Market Size by 2030 | USD 64.6 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 15.6% |
| Largest Market | North America |
| Fastest Growing Market | Europe |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | Product, Technology, Type, Application, Geography |
The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
In-Depth Analysis on Competitive Landscape
The report sheds light on leading manufacturers of solar tracker, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the production of solar tracker has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.
Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the solar tracker market.
Some of the prominent players in the solar tracker market include:
- NEXTracker
- Array Technologies
- Soltec
- Convert Italia
- Arctech Solar
- SunPower
- Sun Action Trackers
- STi Norland
- Scorpius Trackers
- Exosun
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Segments Covered in the Report
By Product
- Single Axis
- Horizontal
- Vertical
- Polar Aligned
- Titled
- Dual Axis
- Tip-Tilt
- Azimuth-Altitude
By Technology
- Solar Photovoltaic (PV)
- Concentrated Solar Power (CSP)
- Concentrated Photovoltaic (CPV)
By Type
- Active Solar Tracker
- Passive Solar Tracker
By Application
- Utility
- Residential
- Commercial & Industrial
By Geography
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Malaysia
- Philippines
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa (MEA)
- GCC
- North Africa
- South Africa
- Rest of the Middle East & Africa
Regional Segmentation
- Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
- Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
- North America [United States, Canada, Mexico]
- South America [Brazil, Argentina, Columbia, Chile, Peru]
- Middle East & Africa [GCC, North Africa, South Africa]
Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- What value propositions should businesses aim at while making new research and development funding?
- Which regulations will be most helpful for stakeholders to boost their supply chain network?
- Which regions might see the demand maturing in certain segments in near future?
- What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
- Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
- Which government regulations might challenge the status of key regional markets?
- How will the emerging political and economic scenario affect opportunities in key growth areas?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Solar Tracker Market
5.1. COVID-19 Landscape: Solar Tracker Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Solar Tracker Market, By Product
8.1. Solar Tracker Market, by Product Type, 2022-2030
8.1.1. Single Axis
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Dual Axis
8.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Solar Tracker Market, By Technology
9.1. Solar Tracker Market, by Technology, 2022-2030
9.1.1. Solar Photovoltaic (PV)
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Concentrated Solar Power (CSP)
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Concentrated Photovoltaic (CPV)
9.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Solar Tracker Market, By Type
10.1. Solar Tracker Market, by Type, 2022-2030
10.1.1. Active Solar Tracker
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Passive Solar Tracker
10.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Solar Tracker Market, By Application
11.1. Solar Tracker Market, by Application, 2022-2030
11.1.1. Utility
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Residential
11.1.2.1. Market Revenue and Forecast (2017-2030)
11.1.3. Commercial & Industrial
11.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Solar Tracker Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Product (2017-2030)
12.1.2. Market Revenue and Forecast, by Technology (2017-2030)
12.1.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.1.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.1.5.2. Market Revenue and Forecast, by Technology (2017-2030)
12.1.5.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.1.5.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.1.6.2. Market Revenue and Forecast, by Technology (2017-2030)
12.1.6.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.1.6.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.2. Market Revenue and Forecast, by Technology (2017-2030)
12.2.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.2.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.5.2. Market Revenue and Forecast, by Technology (2017-2030)
12.2.5.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.2.5.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.6.2. Market Revenue and Forecast, by Technology (2017-2030)
12.2.6.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.2.6.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.7.2. Market Revenue and Forecast, by Technology (2017-2030)
12.2.7.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.2.7.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.8.2. Market Revenue and Forecast, by Technology (2017-2030)
12.2.8.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.2.8.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.2. Market Revenue and Forecast, by Technology (2017-2030)
12.3.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.3.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.5.2. Market Revenue and Forecast, by Technology (2017-2030)
12.3.5.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.3.5.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.6.2. Market Revenue and Forecast, by Technology (2017-2030)
12.3.6.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.3.6.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.7.2. Market Revenue and Forecast, by Technology (2017-2030)
12.3.7.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.3.7.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.8.2. Market Revenue and Forecast, by Technology (2017-2030)
12.3.8.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.3.8.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.2. Market Revenue and Forecast, by Technology (2017-2030)
12.4.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.4.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.5.2. Market Revenue and Forecast, by Technology (2017-2030)
12.4.5.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.4.5.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.6.2. Market Revenue and Forecast, by Technology (2017-2030)
12.4.6.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.4.6.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.7.2. Market Revenue and Forecast, by Technology (2017-2030)
12.4.7.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.4.7.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.8.2. Market Revenue and Forecast, by Technology (2017-2030)
12.4.8.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.4.8.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.5.2. Market Revenue and Forecast, by Technology (2017-2030)
12.5.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.5.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.5.5.2. Market Revenue and Forecast, by Technology (2017-2030)
12.5.5.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.5.5.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.5.6.2. Market Revenue and Forecast, by Technology (2017-2030)
12.5.6.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.5.6.4. Market Revenue and Forecast, by Application Type (2017-2030)
Chapter 13. Company Profiles
13.1. NEXTracker
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Array Technologies
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Soltec
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Convert Italia
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Arctech Solar
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. SunPower
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Sun Action Trackers
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. STi Norland
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Scorpius Trackers
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Exosun
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
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