Global Dual Axis Solar Tracker Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Fully-Automatic Solar Trackers, and Semi-Automatic Solar Trackers.

By Application;

Utility, Commercial, and Residential.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn968155405 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Dual Axis Solar Tracker Market (USD Million), 2021 - 2031

In the year 2024, the Global Dual Axis Solar Tracker Market was valued at USD 6,376.64 million. The size of this market is expected to increase to USD 17,591.26 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 15.6%.

The Global Dual Axis Solar Tracker Market has witnessed significant growth in recent years, driven by the increasing adoption of solar energy as a sustainable alternative to conventional sources. Dual-axis solar trackers are pivotal in optimizing solar panel efficiency by constantly adjusting their orientation to maximize sunlight exposure throughout the day. This market report delves into the intricate dynamics of the global dual-axis solar tracker sector, analyzing key trends, drivers, challenges, and opportunities shaping its trajectory.

As the world transitions towards cleaner energy solutions, the demand for dual-axis solar trackers continues to surge, particularly in regions with abundant sunlight. Factors such as government incentives, declining solar panel costs, and environmental concerns have propelled the widespread deployment of solar energy systems, thereby augmenting the demand for dual-axis solar trackers. This report provides a comprehensive analysis of the market landscape, offering valuable insights to industry stakeholders, policymakers, and investors seeking to navigate the evolving dynamics of the global dual-axis solar tracker market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Dual Axis Solar Tracker Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Expansion of Large-Scale Solar Plants
        2. Need for Optimal Solar Panel Positioning
        3. Improved Energy Output and Returns
        4. Integration with Energy Storage Solutions
      2. Restraints
        1. Installation and Maintenance Complexity
        2. Challenges in Adapting to Terrain
        3. Mechanical Failures Risk
        4. Limited Panel Compatibility
      3. Opportunities
        1. Integration with Building Solutions
        2. Residential and Commercial Applications
        3. Collaboration in Energy Projects
        4. Off-Grid Solar Solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Dual Axis Solar Tracker Market, By Type, 2021 - 2031 (USD Million)
      1. Fully-Automatic Solar Trackers
      2. Semi-Automatic Solar Trackers
    2. Global Dual Axis Solar Tracker Market, By Application, 2021 - 2031 (USD Million)
      1. Utility
      2. Commercial
      3. Residential
    3. Global Dual Axis Solar Tracker Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. AllEarth Renewables
      2. Sun Action Trackers
      3. NEXTracker
      4. Array Technologies
      5. DEGERenergie GmbH
  7. Analyst Views
  8. Future Outlook of the Market