The Solar Tracker Market Report 2023-2033: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
Technological Innovations in Solar Tracker Industry
Traditional solar trackers were usually single-axis, either horizontal or vertical. However, dual-axis trackers that could move both horizontally and vertically and multi-row trackers that could accommodate multiple rows of solar panels were becoming more prevalent. These systems allowed for increased solar energy capture throughout the day, maximizing the energy output.
Sophisticated tracking algorithms were being implemented in solar trackers to optimize their performance. These algorithms considered various factors such as solar position, weather conditions, shading, and historical data to determine the ideal position for the solar panels and adjust their orientation accordingly.
Internet of Things (IoT) technology enabled solar tracker systems to be connected to the cloud, allowing for remote monitoring and control. This feature facilitated real-time data analysis, performance tracking, and troubleshooting, leading to improved maintenance and operational efficiency. Bifacial solar panels, capable of capturing sunlight from both sides, were gaining popularity. Solar trackers were designed to optimize the positioning of these bifacial panels to enhance their energy yield.
Some solar tracker designs started implementing distributed actuation systems, where each solar panel had its actuator. This approach reduced mechanical complexity, improved reliability, and allowed independent control over each panel’s movement. Advancements in materials science led to the development of lighter, more durable, and weather-resistant materials for solar trackers. These materials enhanced the trackers’ lifespan while reducing maintenance requirements.
Additional Energy Consumption Due To Solar Tracker
Solar trackers are mechanisms that allow solar panels to follow the sun’s movement throughout the day, optimizing their angle of incidence to maximize energy capture. While solar trackers can increase the overall energy output of a solar system, they also consume additional energy themselves to operate. This additional energy consumption is mainly due to the power needed to control and reposition the solar panels. Different types of solar trackers have varying energy requirements. Single-axis trackers, which move the panels on one axis (usually East-West), generally consume less energy compared to dual-axis trackers, which move the panels on two axes (East-West and North-South). Dual-axis trackers provide better solar panel alignment but require more energy to operate.
What Questions Should You Ask before Buying a Market Research Report?
• How is the solar trackers market evolving?
• What is driving and restraining the solar trackers market?
• How will each solar trackers submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2033?
• How will the market shares for each solar trackers submarket develops from 2023 to 2033?
• What will be the main driver for the overall market from 2023 to 2033?
• Will leading solar trackers markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
• How will the market shares of the national markets change by 2033 and which geographical region will lead the market in 2033?
• Who are the leading players and what are their prospects over the forecast period?
• What are the solar trackers projects for these leading companies?
• How will the industry evolve during the period between 2023 and 2033? What are the implications of solar trackers projects taking place now and over the next 10 years?
• Is there a greater need for product commercialisation to further scale the solar trackers market?
• Where is the solar trackers market heading and how can you ensure you are at the forefront of the market?
You need to discover how this will impact the solar trackers market today, and over the next 10 years:
• Our 220-page report provides 86 tables and 110 charts/graphs exclusively to you.
• The report highlights key lucrative areas in the industry so you can target them – NOW.
• It contains in-depth analysis of global, regional and national sales and growth.
• It highlights for you the key successful trends, changes and revenue projections made by your competitors.
This report tells you TODAY how the solar trackers market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.
Forecasts to 2033 and other analyses reveal commercial prospects
• In addition to revenue forecasting to 2033, our new study provides you with recent results, growth rates, and market shares.
• You will find original analyses, with business outlooks and developments.
• Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints, and challenges), porters five forces analysis, PEST analysis, and recent developments.
Segments Covered in the Report
Type Outlook
• Single Axis
• Dual Axis
Application Outlook
• Utility
• Residential
• Commercial
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for five regional and 19 leading national markets:
North America
• U.S.
• Canada
Europe
• Germany
• France
• Italy
• Russia
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia Pacific
Latin America
• Brazil
• Mexico
• Colombia
• Rest of Latin America
Middle East & Africa
• Saudi Arabia
• Iran
• Israel
• Qatar
• Algeria
• Rest of MEA
Need industry data? Please contact us today.
The report also includes profiles and for some of the leading companies in the Solar Tracker Market, 2023 to 2033, with a focus on this segment of these companies’ operations.
Leading companies and the potential for market growth
• Allearth Renewables
• Arctech Solar Holding Co., Ltd.
• Array Technologies, Inc.
• FTC Solar
• Gamechange Solar
• Gonvarri Solar Steel
• Ideematec
• Nextracker Inc.
• PV Hardware
• Soltec Power Holdings S.A.
• Trina Solar
• Valmont Industries, Inc.
Overall world revenue for Solar Tracker Market, 2023 to 2033 in terms of value the market will surpass US$6.80 billion in 2022, our work calculates. We predict strong revenue growth through to 2033. Our work identifies which organisations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.
How will the Solar Tracker Market, 2023 to 2033 Market report help you?
In summary, our 220-page report provides you with the following knowledge:
• Revenue forecasts to 2033 for Solar Tracker Market, 2023 to 2033 Market, with forecasts for type, application, and each forecast at a global, and regional level – discover the industry’s prospects, finding the most lucrative places for investments and revenues.
• Revenue forecasts to 2033 for five regional and 19 key national markets – See forecasts for the Solar Tracker Market, 2023 to 2033 market in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Also, market size estimation and forecast is provided for US, Canada, Mexico, Brazil, Germany, Colombia, Italy, France, China, India, Japan, and Russia among other prominent economies.
• Prospects for established firms and those seeking to enter the market – including company profiles for 12 of the major companies involved in the Solar Tracker Market.
Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.
Information found nowhere else
With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain’s study is for everybody needing commercial analyses for the Solar Tracker Market, 2023 to 2033, market-leading companies. You will find data, trends and predictions.
To access the data contained in this document please email contactus@visiongain.com
Buy our report today Solar Tracker Market Report 2023-2033: Forecasts by Product (Single Axis, Dual Axis), by Application (Utility, Residential, Commercial) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Impact and Recovery Pattern Analysis. Avoid missing out by staying informed – order our report now.
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1 Report Overview
1.1 Objectives of the Study
1.2 Introduction to Solar Tracker Market
1.3 What This Report Delivers
1.4 Why You Should Read This Report
1.5 Key Questions Answered by This Analytical Report
1.6 Who is This Report for?
1.7 Methodology
1.7.1 Market Definitions
1.7.2 Market Evaluation & Forecasting Methodology
1.7.3 Data Validation
1.7.3.1 Primary Research
1.7.3.2 Secondary Research
1.8 Frequently Asked Questions (FAQs)
1.9 Associated Visiongain Reports
1.10 About Visiongain
2 Executive Summary
3 Market Overview
3.1 Key Findings
3.2 Market Dynamics
3.2.1 Market Driving Factors
3.2.1.1 Improving Energy Storage Technologies to Drive Solar Tracker Industry
3.2.1.2 Growing Solar Energy Demand to Drive the Market
3.2.1.3 Technological Innovations in Solar Tracker Industry
3.2.2 Market Restraining Factors
3.2.2.1 Solar Tracker is a Capital Intensive Technology
3.2.2.2 Additional Energy Consumption Due To Solar Tracker
3.2.3 Market Opportunities
3.2.3.1 Scale of Solar Installations to Open New Opportunities
3.2.3.2 Growing Renewable Energy Industry
3.3 COVID-19 Impact Analysis
3.4 Porter’s Five Forces Analysis
3.4.1 Bargaining Power of Suppliers
3.4.2 Bargaining Power of Buyers
3.4.3 Competitive Rivalry
3.4.4 Threat from Substitutes
3.4.5 Threat of New Entrants
4 Solar Tracker Market Analysis by Product
4.1 Key Findings
4.2 Product Segment: Market Attractiveness Index
4.3 Solar Tracker Market Size Estimation and Forecast by Product
4.4 Single Axis Solar Tracker
4.4.1 Upgrade to Handle Uneven Land Sites
4.4.2 Market Size by Region, 2023-2033 (US$ Billion)
4.4.3 Market Share by Region, 2023 & 2033 (%)
4.5 Dual Axis Solar Tracker
4.5.1 Energy Efficient Dual Axis Solar Tracking System Using IOT
4.5.2 Market Size by Region, 2023-2033 (US$ Billion)
4.5.3 Market Share by Region, 2023 & 2033 (%)
5 Solar Tracker Market Analysis by Application
5.1 Key Findings
5.2 Application Segment: Market Attractiveness Index
5.3 Solar Tracker Market Size Estimation and Forecast by Application
5.4 Utility
5.4.1 Market Size by Region, 2023-2033 (US$ Billion)
5.4.2 Market Share by Region, 2023 & 2033 (%)
5.5 Residential
5.5.1 Market Size by Region, 2023-2033 (US$ Billion)
5.5.2 Market Share by Region, 2023 & 2033 (%)
5.6 Commercial
5.6.1 Market Size by Region, 2023-2033 (US$ Billion)
5.6.2 Market Share by Region, 2023 & 2033 (%)
6 Solar Tracker Market Analysis by Region
6.1 Key Findings
6.2 Regional Market Size Estimation and Forecast
7 North America Solar Tracker Market Analysis
7.1 Key Findings
7.2 North America Solar Tracker Market Attractiveness Index
7.3 North America Solar Tracker Market by Country, 2023, 2028 & 2033 (US$ Billion)
7.4 North America Solar Tracker Market Size Estimation and Forecast by Country
7.5 North America Solar Tracker Market Size Estimation and Forecast by Product
7.6 North America Solar Tracker Market Size Estimation and Forecast by Application
7.7 U.S. Solar Tracker Market Analysis
7.7.1 Home Solar Panel Adoption Continues to Rise in the U.S.
7.7.2 Array Technologies Launched Two New Utility-Scale Solar Tracker Systems
7.8 Canada Solar Tracker Market Analysis
7.8.1 Polar Racking Acquired Single-Axis Tracker Manufacturer Axsus Solar
7.8.2 Solar FlexRack Mounting Solutions Selected by DGC for 48 MW Solar Project Portfolio in Canada
7.8.3 NRG Systems Provides Monitoring Solution for Largest PV Plant in Canada
8 Europe Solar Tracker Market Analysis
8.1 Key Findings
8.2 Europe Solar Tracker Market Attractiveness Index
8.3 Europe Solar Tracker Market by Country, 2023, 2028 & 2033 (US$ Billion)
8.4 Europe Solar Tracker Market Size Estimation and Forecast by Country
8.5 Europe Solar Tracker Market Size Estimation and Forecast by Product
8.6 Europe Solar Tracker Market Size Estimation and Forecast by Application
8.7 Russia Solar Tracker Market Analysis
8.8 Germany Solar Tracker Market Analysis
8.8.1 European Developer IbVogt Chooses Nextracker’s Terrain-Following Solar Tracker
8.9 France Solar Tracker Market Analysis
8.9.1 French Startup Offers ‘Manual’ Solar Tracker for Residential PV Systems
8.9.2 Ideematec To Supply Customized Solar Trackers For Amda Energia’s 100 MW Agrivoltaic Project
8.10 Italy Solar Tracker Market Analysis
8.10.1 Enel, Comal Plan 1GW Solar Tracker Factory in Italy
8.10.2 ENGIE Inaugurated the Biggest Agrovoltaic Park in Italy
8.11 Rest of Europe Solar Tracker Market Analysis
9 Asia Pacific Solar Tracker Market Analysis
9.1 Key Findings
9.2 Asia Pacific Solar Tracker Market Attractiveness Index
9.3 Asia Pacific Solar Tracker Market by Country, 2023, 2028 & 2033 (US$ Billion)
9.4 Asia Pacific Solar Tracker Market Size Estimation and Forecast by Country
9.5 Asia Pacific Solar Tracker Market Size Estimation and Forecast by Product
9.6 Asia Pacific Solar Tracker Market Size Estimation and Forecast by Application
9.7 China Solar Tracker Market Analysis
9.7.1 FTC Solar Closed Acquisition of HX Tracker
9.8 India Solar Tracker Market Analysis
9.8.1 Largest Single-Axis Solar Tracker System
9.8.2 Gensol Engineering Acquired Solar Tracker Player Scorpius Trackers
9.9 Japan Solar Tracker Market Analysis
9.9.1 Canadian Solar Launched Operation for 42 MWp Solar Portfolio in Japan
9.10 South Korea Solar Tracker Market Analysis
9.10.1 Trina Solar to Unveil New Technologies and Tracker at Green Energy Expo in South Korea’s Daegu
9.11 Australia Solar Tracker Market Analysis
9.11.1 Solar Tracker Giant Sets Up Manufacturing Facility In Australia To Supply Local Projects
9.12 Rest of Asia Pacific Solar Tracker Market Analysis
10 Middle East & Africa Solar Tracker Market Analysis
10.1 Key Findings
10.2 Middle East & Africa Solar Tracker Market Attractiveness Index
10.3 Middle East & Africa Solar Tracker Market by Country, 2023, 2028 & 2033 (US$ Billion)
10.4 Middle East & Africa Solar Tracker Market Size Estimation and Forecast by Country
10.5 Middle East & Africa Solar Tracker Market Size Estimation and Forecast by Product
10.6 Middle East & Africa Solar Tracker Market Size Estimation and Forecast by Application
10.7 Saudi Arabia Solar Tracker Market Analysis
10.7.1 Spain’s PV Hardware Opens New Solar Tracker Production Facility In Jeddah With 8 GW Annual Capacity
10.8 Iran Solar Tracker Market Analysis
10.8.1 The First Solar PV Tracker Made in Iran in Industrial Scale
10.9 Israel Solar Tracker Market Analysis
10.9.1 Trina Solar Signs Israel's Largest Module and Tracker Deal
10.10 Qatar Solar Tracker Market Analysis
10.10.1 Trina to Supply 875 MW of Trackers for Qatar Solar Plants
10.11 Algeria Solar Tracker Market Analysis
10.11.1 Algeria’s Solar 1,000 MW Project Scheme To Start Producing Power by 2024
10.12 Rest of Middle East & Africa Solar Tracker Market Analysis
11 Latin America Solar Tracker Market Analysis
11.1 Key Findings
11.2 Latin America Solar Tracker Market Attractiveness Index
11.3 Latin America Solar Tracker Market by Country, 2023, 2028 & 2033 (US$ Billion)
11.4 Latin America Solar Tracker Market Size Estimation and Forecast by Country
11.5 Latin America Solar Tracker Market Size Estimation and Forecast by Product
11.6 Latin America Solar Tracker Market Size Estimation and Forecast by Application
11.7 Brazil Solar Tracker Market Analysis
11.7.1 Soltec Supplied SFOne Trackers to Two Projects of Canadian Solar
11.8 Mexico Solar Tracker Market Analysis
11.8.1 Arctech to Supply Solar Trackers to 365.8MW Project in Mexico
11.9 Colombia Solar Tracker Market Analysis
11.9.1 Colombia Kicks off Trina Solar’s First Integrated Project
11.10 Rest of Latin America Solar Tracker Market Analysis
12 Company Profiles
12.1 Nextracker Inc.
12.1.1 Company Snapshot
12.1.2 Company Overview
12.1.3 Financial Analysis
12.1.3.1 Net Revenue, 2018-2022
12.1.3.2 Gross Profit, 2018-2022
12.1.3.3 Operating Income, 2018-2022
12.1.3.4 Regional Market Shares, 2022
12.1.4 Product Benchmarking
12.1.5 Strategic Outlook
12.2 Array Technologies, Inc.
12.2.1 Company Snapshot
12.2.2 Company Overview
12.2.3 Financial Analysis
12.2.3.1 Net Revenue, 2018-2022
12.2.3.2 Gross Profit, 2018-2022
12.2.3.3 Operating Income, 2018-2022
12.2.3.4 Regional Market Shares, 2022
12.2.3.5 Segment Market Shares, 2022
12.2.4 Product Benchmarking
12.2.5 Strategic Outlook
12.3 PV Hardware
12.3.1 Company Snapshot
12.3.2 Company Overview
12.3.3 Product Benchmarking
12.3.4 Strategic Outlook
12.4 Arctech Solar Holding Co., Ltd.
12.4.1 Company Snapshot
12.4.2 Company Overview
12.4.3 Financial Analysis
12.4.3.1 Net Revenue, 2018-2022
12.4.4 Product Benchmarking
12.4.5 Strategic Outlook
12.5 Soltec Power Holdings S.A.
12.5.1 Company Snapshot
12.5.2 Company Overview
12.5.3 Financial Analysis
12.5.3.1 Net Revenue, 2018-2022
12.5.3.2 Geographic Diversification (Backlog), 2022
12.5.3.3 Geographic Diversification (Pipeline), 2022
12.5.4 Product Benchmarking
12.5.5 Strategic Outlook
12.6 Trina Solar
12.6.1 Company Snapshot
12.6.2 Company Overview
12.6.3 Product Benchmarking
12.6.4 Strategic Outlook
12.7 Valmont Industries, Inc.
12.7.1 Company Snapshot
12.7.2 Company Overview
12.7.3 Financial Analysis
12.7.3.1 Net Revenue, 2018-2022
12.7.3.2 Gross Profit, 2018-2022
12.7.3.3 Operating Income, 2018-2022
12.7.3.4 Regional Market Shares, 2022
12.7.3.5 Segment Market Shares, 2022
12.7.4 Product Benchmarking
12.7.5 Strategic Outlook
12.8 Gonvarri Solar Steel
12.8.1 Company Snapshot
12.8.2 Company Overview
12.8.3 Product Benchmarking
12.8.4 Strategic Outlook
12.9 Gamechange Solar
12.9.1 Company Snapshot
12.9.2 Company Overview
12.9.3 Product Benchmarking
12.9.4 Strategic Outlook
12.10 Ideematec
12.10.1 Company Snapshot
12.10.2 Company Overview
12.10.3 Product Benchmarking
12.10.4 Strategic Outlook
12.11 Allearth Renewables
12.11.1 Company Snapshot
12.11.2 Company Overview
12.11.3 Product Benchmarking
12.12 FTC Solar
12.12.1 Company Snapshot
12.12.2 Company Overview
12.12.3 Product Benchmarking
12.12.4 Strategic Outlook
13 Conclusion and Recommendations
13.1 Concluding Remarks from Visiongain
13.2 Recommendations for Market Players
List of Tables
Table 1 Solar Tracker Market Snapshot, 2023 & 2033 (US$ Billion, CAGR %)
Table 2 Solar Tracker Market Forecast by Region, 2023-2033 (US$ Billion, AGR%, CAGR%): “V” Shaped Recovery
Table 3 Solar Tracker Market Forecast by Region, 2023-2033 (US$ Billion, AGR%, CAGR%): “U” Shaped Recovery
Table 4 Solar Tracker Market Forecast by Region, 2023-2033 (US$ Billion, AGR%, CAGR%): “W” Shaped Recovery
Table 5 Solar Tracker Market Forecast by Region, 2023-2033 (US$ Billion, AGR%, CAGR%): “L” Shaped Recovery
Table 6 Solar Tracker Market Forecast by Product, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 7 Single Axis Segment Market Forecast by Region, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 8 Dual Axis Segment Market Forecast by Region, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 9 Solar Tracker Market Forecast by Application, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 10 Utility Segment Market Forecast by Region, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 11 Residential Segment Market Forecast by Region, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 12 Commercial Segment Market Forecast by Region, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 13 Solar Tracker Market Forecast by Region, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 14 North America Solar Tracker Market Forecast by Country, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 15 North America Solar Tracker Market Forecast by Product, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 16 North America Solar Tracker Market Forecast by Application, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 17 U.S. Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 18 Canada Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 19 Europe Solar Tracker Market Forecast by Country, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 20 Europe Solar Tracker Market Forecast by Product, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 21 Europe Solar Tracker Market Forecast by Application, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 22 Russia Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 23 Germany Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 24 France Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 25 Italy Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 26 Rest of Europe Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 27 Asia Pacific Solar Tracker Market Forecast by Country, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 28 Asia Pacific Solar Tracker Market Forecast by Product, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 29 Asia Pacific Solar Tracker Market Forecast by Application, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 30 China Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 31 India Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 32 Japan Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 33 South Korea Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 34 Australia Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 35 Rest of Asia Pacific Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 36 Middle East & Africa Solar Tracker Market Forecast by Country, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 37 Middle East & Africa Solar Tracker Market Forecast by Product, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 38 Middle East & Africa Solar Tracker Market Forecast by Application, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 39 Saudi Arabia Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 40 Iran Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 41 Israel Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 42 Qatar Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 43 Algeria Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 44 Rest of Middle East & Africa Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 45 Latin America Solar Tracker Market Forecast by Country, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 46 Latin America Solar Tracker Market Forecast by Product, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 47 Latin America Solar Tracker Market Forecast by Application, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 48 Brazil Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 49 Mexico Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 50 Colombia Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 51 Rest of Latin America Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR%, CAGR%)
Table 52 Nextracker Inc.: Key Details, (CEO, HQ, USD Million, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 53 Nextracker Inc.: Product Benchmarking
Table 54 Nextracker Inc.: Strategic Outlook
Table 55 Array Technologies, Inc.: Key Details, (CEO, HQ, USD Million, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 56 Array Technologies, Inc.: Product Benchmarking
Table 57 Array Technologies, Inc.: Strategic Outlook
Table 58 PV Hardware: Key Details, (CEO, HQ, USD Million, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 59 PV hardware: Product Benchmarking
Table 60 PV hardware: Strategic Outlook
Table 61 Arctech Solar Holding Co., Ltd.: Key Details, (CEO, HQ, USD Million, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 62 Arctech Solar Holding Co., Ltd.: Product Benchmarking
Table 63 Arctech Solar Holding Co., Ltd.: Strategic Outlook
Table 64 Soltec Power Holdings S.A.: Key Details, (CEO, HQ, USD Million, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 65 Soltec Power Holdings S.A.: Product Benchmarking
Table 66 Soltec Power Holdings S.A.: Strategic Outlook
Table 67 Trina Solar: Key Details, (CEO, HQ, USD Million, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 68 Trina Solar: Product Benchmarking
Table 69 Trina Solar: Strategic Outlook
Table 70 Valmont Industries, Inc.: Key Details, (CEO, HQ, USD Million, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 71 Valmont Industries, Inc.: Product Benchmarking
Table 72 Valmont Industries, Inc.: Strategic Outlook
Table 73 Gonvarri Solar Steel: Key Details, (CEO, HQ, USD Million, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 74 Gonvarri Solar Steel: Product Benchmarking
Table 75 Gonvarri Solar Steel: Strategic Outlook
Table 76 Gamechange Solar: Key Details, (CEO, HQ, USD Million, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 77 Gamechange Solar: Product Benchmarking
Table 78 Gamechange Solar: Strategic Outlook
Table 79 Ideematec: Key Details, (CEO, HQ, USD Million, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 80 Ideematec: Product Benchmarking
Table 81 Ideematec: Strategic Outlook
Table 82 Allearth Renewables: Key Details, (CEO, HQ, USD Million, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 83 Allearth Renewables: Product Benchmarking
Table 84 FTC Solar: Key Details, (CEO, HQ, USD Million, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 85 FTC Solar: Product Benchmarking
Table 86 FTC Solar: Strategic Outlook
List of Figures
Figure 1 Solar Tracker Market Segmentation
Figure 2 Solar Tracker Market by Product: Market Attractiveness Index
Figure 3 Solar Tracker Market by Application: Market Attractiveness Index
Figure 4 Solar Tracker Market Attractiveness Index by Region
Figure 5 Solar Tracker Market: Market Dynamics
Figure 6 Solar Tracker Market by Region, 2023-2033 (US$ Billion, AGR %): “V” Shaped Recovery
Figure 7 Solar Tracker Market by Region, 2023-2033 (US$ Billion, AGR %): “U” Shaped Recovery
Figure 8 Solar Tracker Market by Region, 2023-2033 (US$ Billion, AGR %): “W” Shaped Recovery
Figure 9 Solar Tracker Market by Region, 2023-2033 (US$ Billion, AGR %): “L” Shaped Recovery
Figure 10 Solar Tracker Market: Porter’s Five Forces Analysis
Figure 11 Solar Tracker Market by Product: Market Attractiveness Index
Figure 12 Solar Tracker Market Forecast by Product, 2023-2033 (US$ Billion, AGR %)
Figure 13 Solar Tracker Market Share Forecast by Product, 2023, 2028, 2033 (%)
Figure 14 Single Axis Segment Market Forecast by Region, 2023-2033 (US$ Billion, AGR %)
Figure 15 Single Axis Segment Market Share Forecast by Region, 2023 & 2033 (%)
Figure 16 Dual Axis Segment Market Forecast by Region, 2023-2033 (US$ Billion, AGR %)
Figure 17 Dual Axis Segment Market Share Forecast by Region, 2023 & 2033 (%)
Figure 18 Solar Tracker Market by Application: Market Attractiveness Index
Figure 19 Solar Tracker Market Forecast by Application, 2023-2033 (US$ Billion, AGR %)
Figure 20 Solar Tracker Market Share Forecast by Application, 2023, 2028, 2033 (%)
Figure 21 Utility Segment Market Forecast by Region, 2023-2033 (US$ Billion, AGR %)
Figure 22 Utility Segment Market Share Forecast by Region, 2023 & 2033 (%)
Figure 23 Residential Segment Market Forecast by Region, 2023-2033 (US$ Billion, AGR %)
Figure 24 Residential Segment Market Share Forecast by Region, 2023 & 2033 (%)
Figure 25 Commercial Segment Market Forecast by Region, 2023-2033 (US$ Billion, AGR %)
Figure 26 Commercial Segment Market Share Forecast by Region, 2023 & 2033 (%)
Figure 27 Solar Tracker Market Forecast by Region 2023 and 2033 (USD Million, CAGR%)
Figure 28 Solar Tracker Market Share Forecast by Region 2023, 2028, 2033 (%)
Figure 29 Solar Tracker Market by Region, 2023-2033 (US$ Billion, AGR %)
Figure 30 North America Solar Tracker Market Attractiveness Index
Figure 31 North America Solar Tracker Market by Region, 2023, 2028 & 2033 (US$ Billion)
Figure 32 North America Solar Tracker Market Forecast by Country, 2023-2033 (US$ Billion, AGR %)
Figure 33 North America Solar Tracker Market Share Forecast by Country, 2023 & 2033 (%)
Figure 34 North America Solar Tracker Market Forecast by Product, 2023-2033 (US$ Billion, AGR %)
Figure 35 North America Solar Tracker Market Share Forecast by Product, 2023 & 2033 (%)
Figure 36 North America Solar Tracker Market Forecast by Application, 2023-2033 (US$ Billion, AGR %)
Figure 37 North America Solar Tracker Market Share Forecast by Application, 2023 & 2033 (%)
Figure 38 U.S. Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR %)
Figure 39 Canada Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR %)
Figure 40 Europe Solar Tracker Market Attractiveness Index
Figure 41 Europe Solar Tracker Market by Region, 2023, 2028 & 2033 (US$ Billion)
Figure 42 Europe Solar Tracker Market Forecast by Country, 2023-2033 (US$ Billion, AGR %)
Figure 43 Europe Solar Tracker Market Share Forecast by Country, 2023 & 2033 (%)
Figure 44 Europe Solar Tracker Market Forecast by Product, 2023-2033 (US$ Billion, AGR %)
Figure 45 Europe Solar Tracker Market Share Forecast by Product, 2023 & 2033 (%)
Figure 46 Europe Solar Tracker Market Forecast by Application, 2023-2033 (US$ Billion, AGR %)
Figure 47 Europe Solar Tracker Market Share Forecast by Application, 2023 & 2033 (%)
Figure 48 Russia Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR %)
Figure 49 Germany Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR %)
Figure 50 France Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR %)
Figure 51 Italy Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR %)
Figure 52 Rest of Europe Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR %)
Figure 53 Asia Pacific Solar Tracker Market Attractiveness Index
Figure 54 Asia Pacific Solar Tracker Market by Region, 2023, 2028 & 2033 (US$ Billion)
Figure 55 Asia Pacific Solar Tracker Market Forecast by Country, 2023-2033 (US$ Billion, AGR %)
Figure 56 Asia Pacific Solar Tracker Market Share Forecast by Country, 2023 & 2033 (%)
Figure 57 Asia Pacific Solar Tracker Market Forecast by Product, 2023-2033 (US$ Billion, AGR %)
Figure 58 Asia Pacific Solar Tracker Market Share Forecast by Product, 2023 & 2033 (%)
Figure 59 Asia Pacific Solar Tracker Market Forecast by Application, 2023-2033 (US$ Billion, AGR %)
Figure 60 Asia Pacific Solar Tracker Market Share Forecast by Application, 2023 & 2033 (%)
Figure 61 China Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR %)
Figure 62 India Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR %)
Figure 63 Japan Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR %)
Figure 64 South Korea Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR %)
Figure 65 Australia Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR %)
Figure 66 Rest of Asia Pacific Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR %)
Figure 67 Middle East & Africa Solar Tracker Market Attractiveness Index
Figure 68 Middle East & Africa Solar Tracker Market by Region, 2023, 2028 & 2033 (US$ Billion)
Figure 69 Middle East & Africa Solar Tracker Market Forecast by Country, 2023-2033 (US$ Billion, AGR %)
Figure 70 Middle East & Africa Solar Tracker Market Share Forecast by Country, 2023 & 2033 (%)
Figure 71 Middle East & Africa Solar Tracker Market Forecast by Product, 2023-2033 (US$ Billion, AGR %)
Figure 72 Middle East & Africa Solar Tracker Market Share Forecast by Product, 2023 & 2033 (%)
Figure 73 Middle East & Africa Solar Tracker Market Forecast by Application, 2023-2033 (US$ Billion, AGR %)
Figure 74 Middle East & Africa Solar Tracker Market Share Forecast by Application, 2023 & 2033 (%)
Figure 75 Saudi Arabia Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR %)
Figure 76 Iran Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR %)
Figure 77 Israel Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR %)
Figure 78 Qatar Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR %)
Figure 79 Algeria Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR %)
Figure 80 Rest of Middle East & Africa Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR %)
Figure 81 Latin America Solar Tracker Market Attractiveness Index
Figure 82 Latin America Solar Tracker Market by Region, 2023, 2028 & 2033 (US$ Billion)
Figure 83 Latin America Solar Tracker Market Forecast by Country, 2023-2033 (US$ Billion, AGR %)
Figure 84 Latin America Solar Tracker Market Share Forecast by Country, 2023 & 2033 (%)
Figure 85 Latin America Solar Tracker Market Forecast by Product, 2023-2033 (US$ Billion, AGR %)
Figure 86 Latin America Solar Tracker Market Share Forecast by Product, 2023 & 2033 (%)
Figure 87 Latin America Solar Tracker Market Forecast by Application, 2023-2033 (US$ Billion, AGR %)
Figure 88 Latin America Solar Tracker Market Share Forecast by Application, 2023 & 2033 (%)
Figure 89 Brazil Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR %)
Figure 90 Mexico Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR %)
Figure 91 Colombia Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR %)
Figure 92 Rest of Latin America Solar Tracker Market Forecast, 2023-2033 (US$ Billion, AGR %)
Figure 93 Nextracker Inc.: Net Revenue, 2018-2022 (US$ Million, AGR%)
Figure 94 Nextracker Inc.: Gross Profit, 2018-2022 (US$ Million, AGR%)
Figure 95 Nextracker Inc.: Operating Income, 2018-2022 (US$ Million, AGR%)
Figure 96 Nextracker Inc.: Regional Market Shares, 2022
Figure 97 Array Technologies, Inc.: Net Revenue, 2018-2022 (US$ Million, AGR%)
Figure 98 Array Technologies, Inc.: Gross Profit, 2018-2022 (US$ Million, AGR%)
Figure 99 Array Technologies, Inc.: Operating Income, 2018-2022 (US$ Million, AGR%)
Figure 100 Array Technologies, Inc.: Regional Market Shares, 2022
Figure 101 Array Technologies, Inc.: Segment Market Shares, 2022
Figure 102 Arctech Solar Holding Co., Ltd.: Net Revenue, 2018-2022 (US$ Million, AGR%)
Figure 103 Soltec: Net Revenue, 2018-2022 (US$ Million, AGR%)
Figure 104 Soltec: Geographic Diversification (Backlog), 2022
Figure 105 Soltec: Geographic Diversification (Pipeline), 2022
Figure 106 Valmont Industries, Inc.: Net Revenue, 2018-2022 (US$ Million, AGR%)
Figure 107 Valmont Industries, Inc.: Gross Profit, 2018-2022 (US$ Million, AGR%)
Figure 108 Valmont Industries, Inc.: Operating Income, 2018-2022 (US$ Million, AGR%)
Figure 109 Valmont Industries, Inc.: Regional Market Shares, 2022
Figure 110 Valmont Industries, Inc.: Segment Market Shares, 2022
Companies Profiled in the Report
Allearth Renewables
Arctech Solar Holding Co., Ltd.
Array Technologies, Inc.
FTC Solar
Gamechange Solar
Gonvarri Solar Steel
Ideematec
Nextracker Inc.
PV Hardware
Soltec Power Holdings S.A.
Trina Solar
Valmont Industries, Inc.
List of Companies Mentioned in the Report
AES Corporation
Al-Raebi
Ameresco
Aquila Clean Energy EMEA
Atlas Renewable Energy
Aurora
Canadian Solar
ConcealFab
EDF Renewables North America
Enel Green Power España
Ericsson
Flux Solar
Geom
Google
HR Products
IbVogt
iEnergia
IM2
Incus Capital
Kiewit Power Constructors Co.
Larsen & Toubro (L&T)
Leeward Renewable Energy
Lock Joint Tube
Metalogalva
MSS Steel Tubes USA
Mytilineos
NEOM Green Hydrogen Company (NGHC)
NTPC Renewable Energy Limited
Primergy Solar
PVH Australia
Rystad Energy
SABIC Hadeed
SEPCO III (PowerChina)
Soufer
State Power Investment Corporation
Sterling and Wilson
STI Norland
Strata Clean Energy
TotalEnergies
Tritec Intervento
List of Organizations Mentioned in the Report
ACWA Power
American Council on Renewable Energy (ACORE)
American Solar Energy Society (ASES)
China Machinery Engineering Corporation (CMEC)
European Union
International Energy Agency (IEA)
Intersolar Europe 2023
International Renewable Energy Agency
Japan Council for Renewable Energy(JCRE)
Mexican Government
Solar Energy Industries Association (SEIA)
The Spanish Department of Environmental Transition
U.S. Energy Information Administration (EIA)
Visiongain Energy
Visiongain Energy
Visiongain Energy
