Solar Tracker Market Size
Market Size in USD Bn
CAGR26.4%
| Study Period | 2025-2032 |
| Base Year of Estimation | 2024 |
| CAGR | 26.4% |
| Market Concentration | High |
| Major Players | NEXTracker Inc., Array Technologies, Soltec Power Holdings SA, Convert Italia, Arctech Solar and Among Others |
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Solar Tracker Market Analysis
The solar tracker market is estimated to be valued at USD 8.86 Bn in 2025 and is expected to reach USD 45.67 Bn by 2032. It is projected to grow at a compound annual growth rate (CAGR) of 26.4% from 2025 to 2032. The solar tracker market is witnessing high growth driven by the rising adoption of solar energy across the globe.