Global Single Axis Tracker Market Growth 2025-2031

The global Single Axis Tracker market size is predicted to grow from US$ 1991 million in 2025 to US$ 3332 million in 2031; it is expected to grow at a CAGR of 9.0% from 2025 to 2031.

The single axis tracker is an alternative to fixed tilt solar panels. Increasingly, single-axis trackers are being chosen because their biggest benefit is an increase in energy production of around 10-30% due to following the sun throughout the day. Considering the additional ground, installation, operation and maintenance costs, single-axis trackers are the most common tracking system available today. However, the benefits of single-axis trackers also depend on a number of factors such as the local latitude and the financial dictates of the project.

Single-axis trackers have gained popularity in utility-scale solar projects due to their ability to increase energy production. By keeping solar panels aligned with the sun"s position, these trackers can improve overall solar system efficiency. Advances in technology, manufacturing processes, and economies of scale have led to reductions in the cost of single-axis trackers. As a result, the cost of implementing tracking systems has become more competitive with fixed-tilt systems. Single-axis trackers are commonly used in utility-scale solar projects where maximizing energy production is essential for economic viability. These projects can range from several megawatts to hundreds of megawatts in capacity. Manufacturers are continuously working on improving the design, durability, and efficiency of single-axis trackers. Innovations include features such as self-powered tracking systems, advanced control algorithms, and weather-resistant materials. The adoption of single-axis trackers is growing globally as more countries focus on increasing their renewable energy capacity. Solar developers and utilities are increasingly considering these trackers to optimize their solar installations. The use of solar trackers can help reduce the environmental impact of energy production by generating more electricity from the same amount of solar panels. This can contribute to lower carbon emissions and a smaller ecological footprint. While single-axis trackers can enhance energy production, the decision to use them in a solar project depends on factors such as local solar irradiance, land availability, project size, and financial considerations.

LP Information, Inc. (LPI) ' newest research report, the “Single Axis Tracker Industry Forecast” looks at past sales and reviews total world Single Axis Tracker sales in 2024, providing a comprehensive analysis by region and market sector of projected Single Axis Tracker sales for 2025 through 2031. With Single Axis Tracker sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Single Axis Tracker industry.

This Insight Report provides a comprehensive analysis of the global Single Axis Tracker landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Single Axis Tracker portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Single Axis Tracker market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Single Axis Tracker and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Single Axis Tracker.

This report presents a comprehensive overview, market shares, and growth opportunities of Single Axis Tracker market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Manual
Automatic

Segmentation by Application:
Mechanical Engineering
Automotive Industry
Aerospace
Oil And Gas
Chemical Industry
Medical Technology
Electrical Industry

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Soltec
Ukrainian Systems Solar LLC
Exosun
InfiniteERCAM
NEXTracker
Array Technologies, Inc
CleanPower Engineering Ltd
PROINSO
ISOTEC Enerji San. ve Tic. Ltd. Åžti.
PVHardware LLC (PVH)
Mechatron
GameChange Solar LP.
Integra Global Co., Ltd.
Solar FlexRack
Energía ERCAM
Nclave
AEE Solar
Optimum Tracker
TOPPER SUN Energy Technology Co., Ltd.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Single Axis Tracker market?

What factors are driving Single Axis Tracker market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Single Axis Tracker market opportunities vary by end market size?

How does Single Axis Tracker break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.