Solar Tracker Installation Market is segmented By Type (Single Axis, Horizontal, Vertical, Dual Axis...
Market Size in USD Bn
CAGR14.5%
Study Period | 2025-2032 |
Base Year of Estimation | 2024 |
CAGR | 14.5% |
Market Concentration | High |
Major Players | NEXTracker Inc., Array Technologies Inc., Soltec Trackers, Arctech Solar, First Solar Inc. and Among Others |
The solar tracker installation market is estimated to be valued at USD 10.34 Bn in 2025 and is expected to reach USD 26.68 Bn by 2032, growing at a compound annual growth rate (CAGR) of 14.5% from 2025 to 2032. The solar tracker installation market is experiencing positive growth trends with growing focus on renewable energy and decreasing cost of solar power generation.