The global dual axis solar tracker market is valued at USD 8.05 Billion in 2025 and is anticipated to reach USD 17.35 Billion by 2032, expanding at a CAGR of 11.6% during the forecast period (2025–2032).
Increasing utility-scale solar installations, rising adoption of high-efficiency PV technologies, and greater emphasis on maximizing power output through advanced tracking systems are the primary growth drivers.
However, higher installation and maintenance costs, along with the need for robust structural components to withstand environmental stress, may pose challenges to widespread deployment.
Key Market Insights
The dual axis solar tracker market is expected to gain momentum. Increasing demand for higher energy output, supportive government incentives, falling solar module costs, and ongoing innovations in tracker design drive the market growth.
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Dual Axis Solar Tracker Market Report Coverage
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Report Coverage |
Details |
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Market Revenue in 2025 |
USD 8.05 Billion |
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Estimated Value by 2032 |
USD 17.35 Billion |
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Growth Rate |
11.6% |
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Historical Data |
2020–2024 |
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Forecast Period |
2025–2032 |
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Forecast Units |
Value (USD billion) |
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Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
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Segments Covered |
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Geographies Covered |
North America (U.S. and Canada), Latin America (Brazil, Argentina, Mexico, and Rest of Latin America), Europe (Italy, Spain, U.K., Germany, France, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific), Middle East (GCC Countries, Israel, and Rest of Middle East), and Africa (South Africa, North Africa, and Central Africa) |
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Growth Drivers |
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Opportunities |
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Trends |
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Restraints & Challenges |
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Market Dynamics
The dual axis solar tracker market is experiencing strong growth as global solar deployments increasingly prioritize higher energy yields and operational efficiency. Rising demand for utility-scale solar projects, combined with advancements in photovoltaic (PV) technologies, is creating strong momentum for trackers that maximize sunlight capture throughout the day. The push toward decarbonization and rapid scaling of renewable energy portfolios are further driving adoption, particularly across regions implementing aggressive clean-energy mandates.
Technological innovation is reshaping market performance, with modern dual-axis systems integrating IoT-based monitoring, AI-driven tracking algorithms, and predictive maintenance platforms to improve accuracy, reduce downtime, and extend system life. In 2024–2025, several manufacturers introduced next-generation tracker designs featuring collision-avoidance systems, wind-resilient architectures, and advanced control electronics to deliver superior tracking precision in harsh environments.
Market Opportunity: Advanced High-Precision Tracking Systems
Growing demand for utility-scale solar plants is accelerating the adoption of next-generation dual-axis tracking systems capable of significantly improving energy harvest.
In April 2024, Nextracker, a global provider of intelligent solar trackers and software solutions, announced the availability of its flagship NX Horizon solar tracker system with up to 35% lower carbon footprint. Marking a significant milestone for solar energy, the NX Horizon low-carbon tracker solution culminates Nextracker’s technology leadership and robust supply chain solutions, including the use of electric arc furnace (EAF) manufacturing, recycled steel, and logistics strategically located near project sites.
Market Challenge: High Installation & Maintenance Complexity
The deployment of dual-axis solar trackers requires advanced engineering expertise, precise calibration, and skilled technicians—factors that can significantly slow adoption, particularly in emerging solar markets. These systems involve complex mechanical assemblies, sensor networks, and software-driven tracking algorithms that demand regular maintenance and specialized training. Many small and mid-scale developers lack the technical workforce to install and operate high-precision tracking systems efficiently, which increases project costs and operational risks.
In September 2025, an academic study in Applied Energy found that O&M costs for dual-axis systems are under-estimated, particularly on challenging terrain, highlighting that maintenance and calibration burdens can be significant.
Analyst’s View
Key Developments
Competitive Landscape
Dual Axis Solar Tracker Market Segmentation
Regional Insights
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