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

This report extensively covers different segments of Global Single Axis Solar PV Tracker Market and provides an in depth analysis (including revenue analysis for both historic and forecast periods) for all the market segments. In this report, the analysis for every market segment is substantiated with relevant data points and, insights that are generated from analysis of these data points (data trends and patterns).

The market exhibits distinct characteristics when segmented by application into Utility and Distributed Generation. In the Utility segment, large-scale solar projects aimed at grid integration predominate. These installations, often spanning vast expanses of land, leverage single axis trackers to maximize energy yield and enhance overall project economics.

Geographically, the Single Axis Solar PV Tracker Market spans across North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, within a timeline from the past four years to the next six years. Over the forecast period, these geographic segments are poised to witness continued growth and evolution in the single axis solar PV tracker market.

Global Single Axis Solar PV Tracker Segment Analysis

In this report, the Global Single Axis Solar PV Tracker Market has been segmented by Type, Technology, Application and Geography.

Global Single Axis Solar PV Tracker Market, Segmentation by Type

The Global Single Axis Solar PV Tracker Market has been segmented by Type into Horizontal Type and Vertical Type.

The Global Single Axis Solar PV Tracker Market is categorized based on the type of tracking system utilized, specifically into Horizontal Type and Vertical Type trackers. This segmentation is crucial as it helps in understanding the efficiency, application, and suitability of different tracking systems based on geographical, environmental, and economic factors.

Horizontal single-axis trackers (HSAT) are designed with a rotating axis that runs parallel to the ground, typically aligned in the north-south direction. These trackers follow the sun’s movement from east to west throughout the day, ensuring that the solar panels are positioned at an optimal angle to capture maximum sunlight. This type of tracking system is widely used in large-scale solar farms, especially in regions with low latitudes where the sun moves in a more predictable east-west trajectory.

One of the primary advantages of horizontal trackers is their simplicity and stability. Since the movement occurs in only one axis, maintenance is relatively lower compared to more complex tracking systems. Furthermore, they are highly efficient in areas with high direct normal irradiance (DNI), such as deserts and open plains, where solar radiation is strong throughout the day. These trackers are commonly deployed in utility-scale solar projects where land availability is not a major constraint.

One limitation of horizontal single-axis trackers is that they may not be as effective in capturing solar energy in high-latitude regions. Since the sun’s trajectory in these areas varies significantly throughout the year, horizontal trackers may not always provide the best possible tilt for energy absorption, leading to reduced efficiency during certain seasons.

Vertical single-axis trackers (VSAT), on the other hand, rotate around a vertical axis and adjust the tilt of the solar panels based on the sun's position. These trackers are particularly effective in regions with significant seasonal variations in solar angle, such as high-latitude areas where the sun’s path changes dramatically between summer and winter.

One of the key advantages of vertical trackers is their ability to optimize solar energy capture even in uneven terrains or areas with limited land availability. Unlike horizontal trackers, which require a relatively large and flat area for installation, vertical trackers can be used in hilly or urban regions where space constraints are a concern. Additionally, these trackers are often preferred in agricultural applications where minimal land disturbance is required, as they allow for dual land use—both for solar energy generation and for farming beneath the panels.

Despite these benefits, vertical single-axis trackers are generally less common than their horizontal counterparts, primarily because they are more complex and may require additional structural support. Their mechanical components also tend to experience higher wear and tear due to the increased range of motion needed to track the sun’s movement accurately. This can lead to higher operational and maintenance costs compared to horizontal trackers.

Global Single Axis Solar PV Tracker Market, Segmentation by Technology

The Global Single Axis Solar PV Tracker Market has been segmented by Technology into Solar Photovoltaic (PV), Concentrated Solar Power (CSP), and Concentrated Photovoltaic (CPV).

The Global Single Axis Solar PV Tracker Market is categorized based on technology into three primary segments: Solar Photovoltaic (PV), Concentrated Solar Power (CSP), and Concentrated Photovoltaic (CPV). These segments define the various technological approaches used in solar energy generation while utilizing single-axis tracking systems. A single-axis solar tracker is a device that allows solar panels or mirrors to move along one axis, typically following the sun’s movement from east to west throughout the day, thereby maximizing energy absorption and improving efficiency.

The Solar Photovoltaic (PV) segment represents the most widely adopted technology in the single-axis solar tracker market. PV technology is based on solar panels composed of semiconductor materials, typically silicon, which convert sunlight directly into electricity through the photovoltaic effect. The use of single-axis trackers in PV systems significantly enhances energy generation by aligning solar panels more effectively with the sun’s path. This results in higher energy yields compared to fixed-tilt systems. The growing adoption of utility-scale solar farms has driven the demand for single-axis trackers in the PV sector, as they offer a cost-effective means to boost electricity generation without increasing the number of panels. Factors such as declining solar module prices, advancements in tracker control algorithms, and supportive government policies promoting renewable energy contribute to the strong growth of this segment.

Another major category within the market is Concentrated Solar Power (CSP), which differs from PV technology by generating electricity indirectly. Instead of converting sunlight directly into electricity, CSP systems utilize mirrors or lenses to focus solar radiation onto a small area, typically a receiver, where a heat transfer fluid is heated to generate steam. This steam then drives a turbine connected to a generator to produce electricity. Single-axis trackers play a crucial role in CSP plants by enabling heliostats (mirrors) or parabolic troughs to follow the sun’s trajectory, ensuring maximum sunlight concentration throughout the day. CSP technology is particularly beneficial in regions with high direct normal irradiance (DNI), such as deserts and arid zones, where sunlight is intense and consistent. The integration of thermal storage solutions, such as molten salt storage, allows CSP plants to provide electricity even after sunset, making them an attractive option for grid stability. However, CSP projects generally require significant capital investment and large land areas, which limits their widespread adoption compared to PV systems.

The third segment in this market is Concentrated Photovoltaic (CPV), which combines elements of both PV and CSP technologies. CPV systems use highly efficient multi-junction solar cells, combined with lenses or curved mirrors, to concentrate sunlight onto a small photovoltaic surface. By increasing the intensity of sunlight, CPV systems achieve much higher efficiency levels than traditional PV panels. Single-axis trackers are essential in CPV installations to ensure precise alignment with the sun, as these systems require direct sunlight to maintain high performance. Unlike standard PV panels, CPV modules experience a significant drop in efficiency under diffused or cloudy conditions, making them more suitable for regions with strong direct sunlight exposure. While CPV technology offers promising efficiency improvements, it has faced challenges related to higher manufacturing costs, system complexity, and limited scalability, restricting its widespread deployment compared to conventional PV systems.

Global Single Axis Solar PV Tracker Market, Segmentation by Application

The Global Single Axis Solar PV Tracker Market has been segmented by Application into Utility and Distributed Generation.

Applications are segmented into Utility and Distributed Generation, each serving distinct purposes in the renewable energy landscape. Utility-scale applications represent large-scale solar projects designed to feed electricity directly into the grid. These projects often span expansive areas of land and require significant investments in infrastructure. Single axis solar PV trackers play a crucial role in utility-scale installations by maximizing energy yield through dynamic tracking of the sun's path, thereby enhancing overall project efficiency and economic viability. Utility-scale solar farms contribute substantially to meeting renewable energy targets and reducing reliance on fossil fuels, making them key players in the transition to a sustainable energy future.

Distributed Generation applications encompass smaller-scale solar installations deployed closer to end-users, such as commercial and residential rooftops. These installations cater to localized energy needs, providing on-site generation and consumption benefits. Single axis solar PV trackers utilized in distributed generation applications enable businesses and homeowners to optimize their solar energy production by ensuring panels are oriented optimally to capture sunlight throughout the day. Distributed generation systems contribute to decentralizing power generation, reducing transmission losses, and enhancing energy resilience, particularly in areas prone to grid disruptions or with limited access to centralized electricity infrastructure.

The utility and distributed generation segments of the Single Axis Solar PV Tracker Market cater to different market needs and demographics. Utility-scale applications target large-scale energy producers, utilities, and independent power producers (IPPs) seeking to deploy solar farms to meet growing energy demands and regulatory requirements. These projects often involve long-term contracts and power purchase agreements (PPAs) with utilities or commercial off-takers. Distributed generation applications, on the other hand, cater to a diverse range of end-users, including commercial and industrial facilities, residential homeowners, educational institutions, and government buildings. These applications enable businesses and individuals to take control of their energy consumption, reduce electricity bills, and contribute to sustainability goals while benefiting from incentives and subsidies offered by governments and utilities to promote solar adoption.

Global Single Axis Solar PV Tracker Market, Segmentation by Geography

In this report, the Global Single Axis Solar PV Tracker Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Global Single Axis Solar PV Tracker Market Share (%), by Geographical Region, 2023

North America, a mature market for solar energy, continues to witness steady growth driven by supportive policies, technological advancements, and increasing environmental awareness. The United States, in particular, leads the region with significant investments in utility-scale solar projects, supported by federal tax incentives and renewable portfolio standards across various states. Additionally, Canada demonstrates growing interest in solar energy, especially in provinces with favorable solar conditions like Ontario and Alberta, where government incentives bolster market growth.

Europe stands as a frontrunner in the global transition to renewable energy, with countries like Germany, Spain, and the Netherlands leading the charge. The European Union's ambitious renewable energy targets and regulatory frameworks drive investments in solar power infrastructure, including single axis solar PV trackers. Emerging markets in Eastern Europe, such as Poland and Ukraine, present untapped opportunities for market expansion, propelled by supportive policies and increasing investor interest in renewable energy projects.

In the Asia Pacific region, countries like China, India, and Australia emerge as key players in the Single Axis Solar PV Tracker Market. China, the world's largest solar market, continues to drive global demand for solar trackers, supported by government subsidies and ambitious renewable energy goals. India, with its vast solar potential and supportive policies, presents lucrative opportunities for market players, especially in utility-scale solar projects. Australia, renowned for its abundant sunlight and favorable regulatory environment, witnesses significant investments in solar energy infrastructure, including single axis trackers, to meet growing energy demands and reduce dependence on fossil fuels.

The Middle East and Africa region showcases immense potential for solar energy development, fueled by abundant sunlight and increasing energy demand. Countries like the United Arab Emirates, Saudi Arabia, and South Africa lead the region's solar initiatives, driven by ambitious renewable energy targets and efforts to diversify their energy mix.

Latin America, characterized by diverse market conditions and regulatory landscapes, presents both challenges and opportunities for the Single Axis Solar PV Tracker Market. Countries like Chile, Mexico, and Brazil lead the region's solar expansion efforts, driven by favorable solar conditions, competitive auction mechanisms, and supportive regulatory frameworks.

This report provides an in depth analysis of various factors that impact the dynamics of Global Single Axis Solar PV Tracker. These factors include; Market Drivers, Restraints, and Opportunities.

Drivers:

• Government Incentives and Policies
• Increasing Demand for Renewable Energy
• Cost Reduction Efforts

• Expansion of Utility-Scale Solar Projects - Expansion of utility-scale solar projects emerges as a significant driver for the Single Axis Solar PV Tracker Market, fueled by several key factors. Firstly, the global shift towards renewable energy sources, driven by environmental concerns and the need to mitigate climate change, has led to increased investments in utility-scale solar projects. These large-scale installations play a crucial role in decarbonizing the energy sector by displacing conventional fossil fuel-based power generation, thus contributing to global efforts to reduce greenhouse gas emissions.

  Utility-scale solar projects offer economies of scale and cost advantages compared to smaller-scale installations, making them attractive options for utilities, independent power producers (IPPs), and energy developers. The deployment of single axis solar PV trackers in utility-scale projects enhances energy yield and overall project economics by maximizing the capture of solar irradiance throughout the day. This increased efficiency translates into higher energy production and improved return on investment for project developers and investors, driving further expansion of utility-scale solar projects.

  Supportive government policies, incentives, and regulatory frameworks play a crucial role in fostering the expansion of utility-scale solar projects. Governments around the world offer a range of incentives, such as tax credits, subsidies, feed-in tariffs, and renewable energy targets, to promote the development of solar power infrastructure. Additionally, favorable permitting processes, streamlined regulations, and access to financing mechanisms further facilitate the deployment of utility-scale solar projects. As governments continue to prioritize renewable energy deployment and climate action, the expansion of utility-scale solar projects is expected to accelerate, providing a robust market opportunity for single axis solar PV tracker manufacturers and developers.

Restraints:

• Land Availability and Use
• Intermittent Nature of Solar Energy
• Regulatory and Permitting Challenges

• Availability of Other Renewable Technologies - Availability of other renewable technologies presents a significant restraint to the Single Axis Solar PV Tracker Market, posing challenges to market growth and market share retention. One primary competitor is wind power, which offers an alternative renewable energy solution with its own set of advantages, such as higher energy yields in certain geographic locations and mature technology. Wind turbines can generate electricity continuously, including during periods of low solar irradiance or at night, providing a more consistent source of renewable energy compared to solar photovoltaic systems.

  Another competing technology is concentrated solar power (CSP), which utilizes mirrors or lenses to concentrate sunlight onto a small area, generating high-temperature heat that can be used to produce electricity through steam turbines. CSP systems offer the advantage of thermal energy storage, allowing for dispatchable power generation even after sunset or during periods of cloud cover. Additionally, CSP plants can provide ancillary services to the grid, such as grid stabilization and frequency regulation, enhancing their value proposition in certain markets.

  Emerging renewable energy technologies, such as tidal energy, geothermal energy, and hydrogen fuel cells, pose potential competition to the Single Axis Solar PV Tracker Market. These technologies offer unique advantages and applications, catering to specific niche markets or addressing challenges such as energy storage and grid stability. As advancements continue in these alternative renewable energy sectors and as governments and utilities diversify their renewable energy portfolios, the competitive landscape for solar photovoltaic systems, including single axis trackers, becomes increasingly complex, requiring innovative strategies to maintain market relevance and competitiveness.

Opportunities:

• Hybrid Solar Solutions
• Vertical Integration
• Performance Guarantees and Financing Solutions

• Research and Development - Research and development (R&D) presents a significant opportunity for the Single Axis Solar PV Tracker Market, driving innovation, efficiency improvements, and cost reductions. Investment in R&D enables manufacturers to explore new materials, technologies, and design concepts to enhance the performance and reliability of single axis solar PV trackers. By leveraging advancements in materials science, such as lightweight and durable materials for tracker structures, manufacturers can optimize tracker designs to withstand harsh environmental conditions while reducing material costs and installation complexities.

  R&D efforts focused on tracking algorithms, control systems, and sensor technology enable continuous improvement in tracker efficiency and accuracy. Enhanced tracking capabilities allow single axis solar PV trackers to precisely follow the sun's path, maximizing energy capture throughout the day and increasing overall energy yield. Additionally, integration of smart features, such as predictive maintenance algorithms and remote monitoring capabilities, enhances the reliability and operational efficiency of solar tracker systems, reducing downtime and maintenance costs for end-users.

  Research and development initiatives in the Single Axis Solar PV Tracker Market drive innovation in manufacturing processes, automation technologies, and supply chain management practices. Streamlining production processes, optimizing component sourcing, and adopting advanced manufacturing techniques, such as additive manufacturing and robotic assembly, enable manufacturers to scale production and reduce manufacturing costs. Collaborative R&D partnerships between industry players, research institutions, and government agencies foster knowledge exchange and accelerate technology adoption, further propelling market growth and differentiation. As the pace of innovation accelerates and as new technologies emerge, research and development will remain a cornerstone of the Single Axis Solar PV Tracker Market, unlocking new opportunities for efficiency gains, performance improvements, and market expansion.

Key players in Global Single Axis Solar PV Tracker Market include,

• Abengoa Solar S.A.
• AllEarth Renewables
• Array Technologies Inc.
• DEGERenergie GmbH & Co. KG
• Nclave
• Powerway Renewable Energy Co. Ltd.
• Soltec Tracker
• SunPower Corporation
• Titan Tracker
• Trina Solar Limited

In this report, the profile of each market player provides following information:

• Company Overview and Product Portfolio
• Key Developments
• Financial Overview
• Strategies
• Company SWOT Analysis