This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The dual axis solar tracker market size has grown rapidly in recent years. It will grow from $6.63 billion in 2024 to $7.49 billion in 2025 at a compound annual growth rate (CAGR) of 13%. The growth in the historic period can be attributed to energy efficiency demands, government incentives and policies, falling solar panel costs, and rising awareness of the environmental impact of traditional energy sources.
The dual axis solar tracker market size is expected to see rapid growth in the next few years. It will grow to $11.24 billion in 2029 at a compound annual growth rate (CAGR) of 10.7%. The growth in the forecast period can be attributed to environmental concerns, global climate agreements, declining costs of dual-axis tracking technology, and increasing solar panel efficiency. Major trends in the forecast period include smart and connected trackers, hybrid solar tracking systems, adoption of AI and machine learning, and robotic cleaning solutions.
The increasing demand for renewable energy is expected to propel the growth of the dual-axis solar tracker market going forward. Renewable energy refers to energy derived from natural resources that are available on a human timescale and considered environmentally friendly. Unlike fossil fuels, which are finite and contribute to environmental degradation, renewable energy sources can be continually replenished, providing a cleaner and more sustainable alternative. A dual-axis solar tracker is used in renewable energy systems to enhance solar power installations' efficiency, reliability, and economic viability, contributing to the broader adoption and success of solar energy as a sustainable and reliable power source. For instance, in March 2023, according to the Energy Information Administration (EIA), a US-based federal agency that provides official energy statistics and information, the combined wind and solar share of total generation increased from 12% in 2021 to 14% in 2022, with renewable generation surpassing coal and nuclear generation for the first time. The increasing demand for renewable energy is expected to propel the growth of the dual-axis solar tracker market.
Major companies operating in the dual-axis solar tracker market are focusing on the development of innovative products such as Skywings, the first dual-row solar tracker with a multi-point drive mechanism to address several key challenges in solar energy production, and maximize energy yield, reduce the levelized cost of energy, and increase the stability of solar tracking systems. A dual-row solar tracker is a type of solar tracking system used to optimize the orientation of solar panels for maximum sunlight exposure. For instance, in September 2022, Arctech Solutions Pvt. Ltd., an Indian-based technology solutions company, launched its latest dual-row solar tracker skywings. This product is designed with a multi-point drive mechanism, making it the world's first dual-row solar tracker compatible with undulating terrain. The patented bidirectional slew drives enable two tracker rows to move synchronously, and the undulation tolerance of adjacent rows has increased to 15% in east/west and north/south directions. Additionally, it offers real-time shading avoidance, which can boost energy generation by 8%, and can be paired with a cleaning robot to increase energy yield.
In July 2022, Polar Racking, a Canada-based solar PV mounting systems manufacturing company, acquired Axsus Solar for an undisclosed amount. This acquisition is a strategic move driven by Polar Racking to broaden its product portfolio by adding Axsus' popular Sol-X single-axis tracker to the existing fixed-tilt and carport solutions. Axsus Solar is a Canada-based renewable energy platform manufacturer and designer of solar tracking, fixed tilt, and dual solar tracking systems.
Major companies operating in the dual axis solar tracker market are PARU Corporation, Trina Solar Co. Ltd., First Solar Inc., NEXTracker Inc., SunPower Corporation, Array Technologies Inc., Soitec S.A., Soltec Power Holdings S.A., Arctech Solar Holding Co. Ltd., DEGERenergie GmbH & Co. KG, ADES International Holding plc, Sun Action Trackers LLC, Reutech Radar Systems Pty Ltd., Energia Ercam S.A., Abengoa Solar India Pvt. Ltd., AllEarth Renewables Inc., Mecasolar SL, Titan Tracker Ltd., Powerway Corporation, Haosolar Co. Ltd, Kirchner Solar Group GmbH, Mechatron LLC, Moser LLC, Shandong Huayue New Energy Co. Ltd., Targray Technology International Inc., SunTactics Inc., Cabanillas Ingenieros S.L., Amberroot Systems Inc., HeliosLite SAS.
Asia-Pacific was the largest region in the dual axis solar tracker market in 2024. The regions covered in the dual axis solar tracker market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the dual axis solar tracker market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The dual-axis solar tracker market consists of sales of tracker structures, controllers, tracker control systems, sun tracking sensors, power supply systems, and communication systems. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
A dual-axis solar tracker refers to a solar energy system component designed to optimize the efficiency of solar panels by dynamically orienting them along two axes to track the sun's movement throughout the day. It is used in solar energy systems to enhance the efficiency and energy output of photovoltaic (PV) panels.
The main types of products in a dual-axis solar tracker are single-axis, dual-axis, and azimuth-altitude dual-axis. Single-axis tracking in the context of solar energy refers to the mechanism by which solar panels or solar collectors are adjusted to follow the sun's movement along one axis. It includes various technologies, such as solar photovoltaic, concentrated solar power, and concentrated photovoltaic, and uses different applications, including utility, commercial, and residential.
The main types of products in a dual-axis solar tracker are single-axis, dual-axis, and azimuth-altitude dual-axis. Single-axis tracking in the context of solar energy refers to the mechanism by which solar panels or solar collectors are adjusted to follow the sun's movement along one axis. It includes various technologies, such as solar photovoltaic, concentrated solar power, and concentrated photovoltaic, and uses different applications, including utility, commercial, and residential.
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The dual axis solar tracker market size has grown rapidly in recent years. It will grow from $6.63 billion in 2024 to $7.49 billion in 2025 at a compound annual growth rate (CAGR) of 13%. The growth in the historic period can be attributed to energy efficiency demands, government incentives and policies, falling solar panel costs, and rising awareness of the environmental impact of traditional energy sources.
The dual axis solar tracker market size is expected to see rapid growth in the next few years. It will grow to $11.24 billion in 2029 at a compound annual growth rate (CAGR) of 10.7%. The growth in the forecast period can be attributed to environmental concerns, global climate agreements, declining costs of dual-axis tracking technology, and increasing solar panel efficiency. Major trends in the forecast period include smart and connected trackers, hybrid solar tracking systems, adoption of AI and machine learning, and robotic cleaning solutions.
The increasing demand for renewable energy is expected to propel the growth of the dual-axis solar tracker market going forward. Renewable energy refers to energy derived from natural resources that are available on a human timescale and considered environmentally friendly. Unlike fossil fuels, which are finite and contribute to environmental degradation, renewable energy sources can be continually replenished, providing a cleaner and more sustainable alternative. A dual-axis solar tracker is used in renewable energy systems to enhance solar power installations' efficiency, reliability, and economic viability, contributing to the broader adoption and success of solar energy as a sustainable and reliable power source. For instance, in March 2023, according to the Energy Information Administration (EIA), a US-based federal agency that provides official energy statistics and information, the combined wind and solar share of total generation increased from 12% in 2021 to 14% in 2022, with renewable generation surpassing coal and nuclear generation for the first time. The increasing demand for renewable energy is expected to propel the growth of the dual-axis solar tracker market.
Major companies operating in the dual-axis solar tracker market are focusing on the development of innovative products such as Skywings, the first dual-row solar tracker with a multi-point drive mechanism to address several key challenges in solar energy production, and maximize energy yield, reduce the levelized cost of energy, and increase the stability of solar tracking systems. A dual-row solar tracker is a type of solar tracking system used to optimize the orientation of solar panels for maximum sunlight exposure. For instance, in September 2022, Arctech Solutions Pvt. Ltd., an Indian-based technology solutions company, launched its latest dual-row solar tracker skywings. This product is designed with a multi-point drive mechanism, making it the world's first dual-row solar tracker compatible with undulating terrain. The patented bidirectional slew drives enable two tracker rows to move synchronously, and the undulation tolerance of adjacent rows has increased to 15% in east/west and north/south directions. Additionally, it offers real-time shading avoidance, which can boost energy generation by 8%, and can be paired with a cleaning robot to increase energy yield.
In July 2022, Polar Racking, a Canada-based solar PV mounting systems manufacturing company, acquired Axsus Solar for an undisclosed amount. This acquisition is a strategic move driven by Polar Racking to broaden its product portfolio by adding Axsus' popular Sol-X single-axis tracker to the existing fixed-tilt and carport solutions. Axsus Solar is a Canada-based renewable energy platform manufacturer and designer of solar tracking, fixed tilt, and dual solar tracking systems.
Major companies operating in the dual axis solar tracker market are PARU Corporation, Trina Solar Co. Ltd., First Solar Inc., NEXTracker Inc., SunPower Corporation, Array Technologies Inc., Soitec S.A., Soltec Power Holdings S.A., Arctech Solar Holding Co. Ltd., DEGERenergie GmbH & Co. KG, ADES International Holding plc, Sun Action Trackers LLC, Reutech Radar Systems Pty Ltd., Energia Ercam S.A., Abengoa Solar India Pvt. Ltd., AllEarth Renewables Inc., Mecasolar SL, Titan Tracker Ltd., Powerway Corporation, Haosolar Co. Ltd, Kirchner Solar Group GmbH, Mechatron LLC, Moser LLC, Shandong Huayue New Energy Co. Ltd., Targray Technology International Inc., SunTactics Inc., Cabanillas Ingenieros S.L., Amberroot Systems Inc., HeliosLite SAS.
Asia-Pacific was the largest region in the dual axis solar tracker market in 2024. The regions covered in the dual axis solar tracker market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the dual axis solar tracker market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The dual-axis solar tracker market consists of sales of tracker structures, controllers, tracker control systems, sun tracking sensors, power supply systems, and communication systems. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
A dual-axis solar tracker refers to a solar energy system component designed to optimize the efficiency of solar panels by dynamically orienting them along two axes to track the sun's movement throughout the day. It is used in solar energy systems to enhance the efficiency and energy output of photovoltaic (PV) panels.
The main types of products in a dual-axis solar tracker are single-axis, dual-axis, and azimuth-altitude dual-axis. Single-axis tracking in the context of solar energy refers to the mechanism by which solar panels or solar collectors are adjusted to follow the sun's movement along one axis. It includes various technologies, such as solar photovoltaic, concentrated solar power, and concentrated photovoltaic, and uses different applications, including utility, commercial, and residential.
The main types of products in a dual-axis solar tracker are single-axis, dual-axis, and azimuth-altitude dual-axis. Single-axis tracking in the context of solar energy refers to the mechanism by which solar panels or solar collectors are adjusted to follow the sun's movement along one axis. It includes various technologies, such as solar photovoltaic, concentrated solar power, and concentrated photovoltaic, and uses different applications, including utility, commercial, and residential.
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Dual Axis Solar Tracker Market Characteristics3. Dual Axis Solar Tracker Market Trends and Strategies4. Dual Axis Solar Tracker Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, Covid and Recovery on the Market32. Global Dual Axis Solar Tracker Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Dual Axis Solar Tracker Market34. Recent Developments in the Dual Axis Solar Tracker Market
5. Global Dual Axis Solar Tracker Growth Analysis and Strategic Analysis Framework
6. Dual Axis Solar Tracker Market Segmentation
7. Dual Axis Solar Tracker Market Regional and Country Analysis
8. Asia-Pacific Dual Axis Solar Tracker Market
9. China Dual Axis Solar Tracker Market
10. India Dual Axis Solar Tracker Market
11. Japan Dual Axis Solar Tracker Market
12. Australia Dual Axis Solar Tracker Market
13. Indonesia Dual Axis Solar Tracker Market
14. South Korea Dual Axis Solar Tracker Market
15. Western Europe Dual Axis Solar Tracker Market
16. UK Dual Axis Solar Tracker Market
17. Germany Dual Axis Solar Tracker Market
18. France Dual Axis Solar Tracker Market
19. Italy Dual Axis Solar Tracker Market
20. Spain Dual Axis Solar Tracker Market
21. Eastern Europe Dual Axis Solar Tracker Market
22. Russia Dual Axis Solar Tracker Market
23. North America Dual Axis Solar Tracker Market
24. USA Dual Axis Solar Tracker Market
25. Canada Dual Axis Solar Tracker Market
26. South America Dual Axis Solar Tracker Market
27. Brazil Dual Axis Solar Tracker Market
28. Middle East Dual Axis Solar Tracker Market
29. Africa Dual Axis Solar Tracker Market
30. Dual Axis Solar Tracker Market Competitive Landscape and Company Profiles
31. Dual Axis Solar Tracker Market Other Major and Innovative Companies
35. Dual Axis Solar Tracker Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Dual Axis Solar Tracker Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on dual axis solar tracker market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for dual axis solar tracker? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The dual axis solar tracker market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product Type: Single Axis; Dual Axis; Azimuth-Altitude Dual Axis2) By Technology: Solar Photovoltaic; Concentrated Solar Power; Concentrated Photovoltaic
3) By Application: Utility; Commercial; Residential
Subsegments:
1) By Single Axis: Horizontal Single Axis Trackers; Vertical Single Axis Trackers2) By Dual Axis: Active Dual Axis Trackers; Passive Dual Axis Trackers
3) By Azimuth-Altitude Dual Axis: Azimuth-Altitude Trackers With Active Control; Azimuth-Altitude Trackers With Passive Control
Key Companies Mentioned: PARU Corporation; Trina Solar Co. Ltd.; First Solar Inc.; NEXTracker Inc.; SunPower Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Dual Axis Solar Tracker market report include:- PARU Corporation
- Trina Solar Co. Ltd.
- First Solar Inc.
- NEXTracker Inc.
- SunPower Corporation
- Array Technologies Inc.
- Soitec S.A.
- Soltec Power Holdings S.A.
- Arctech Solar Holding Co. Ltd.
- DEGERenergie GmbH & Co. KG
- ADES International Holding plc
- Sun Action Trackers LLC
- Reutech Radar Systems Pty Ltd.
- Energia Ercam S.A.
- Abengoa Solar India Pvt. Ltd.
- AllEarth Renewables Inc.
- Mecasolar SL
- Titan Tracker Ltd.
- Powerway Corporation
- Haosolar Co. Ltd
- Kirchner Solar Group GmbH
- Mechatron LLC
- Moser LLC
- Shandong Huayue New Energy Co. Ltd.
- Targray Technology International Inc.
- SunTactics Inc.
- Cabanillas Ingenieros S.L.
- Amberroot Systems Inc.
- HeliosLite SAS
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | March 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 7.49 Billion |
Forecasted Market Value ( USD | $ 11.24 Billion |
Compound Annual Growth Rate | 10.7% |
Regions Covered | Global |
No. of Companies Mentioned | 30 |