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    Dual Axis Solar Tracker Market

    ID: MRFR/E&P/29968-HCR
    128 Pages
    Priya Nagrale
    October 2025

    Dual Axis Solar Tracker Market Research Report By Tracker Type (Horizontal Dual Axis Trackers, Vertical Dual Axis Trackers, Single-Axis Trackers), By Application (Utility-Scale, Commercial & Industrial, Residential), By Installation Type (Ground Mounted, Rooftop Mounted, Integrated with BIPV), By Control System (Active Control Systems, Passive Control Systems), By Material Used (Aluminum, Steel, Composite Materials) and By Regional (North America, Europe, South America, Asia-Pacific, Middle East and Africa) - Forecast to 2035

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    Dual Axis Solar Tracker Market Infographic
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    Dual Axis Solar Tracker Market Summary

    The Global Dual Axis Solar Tracker Market is projected to grow from 7.70 USD Billion in 2024 to 23.38 USD Billion by 2035.

    Key Market Trends & Highlights

    Dual Axis Solar Tracker Key Trends and Highlights

    • The market is expected to expand at a compound annual growth rate (CAGR) of 10.61% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 21.1 USD Billion, indicating robust growth.
    • in 2024, the market is valued at 7.70 USD Billion, showcasing a strong starting point for future expansion.
    • Growing adoption of dual axis solar trackers due to increasing demand for renewable energy sources is a major market driver.

    Market Size & Forecast

    2024 Market Size 7.70 (USD Billion)
    2035 Market Size 23.38 (USD Billion)
    CAGR (2025-2035) 10.62%

    Major Players

    Powerway, First Solar, Bifacial Solar, Nextracker, Array Technologies, Suntech Power, PVHardware, Canadian Solar, SunPower, REC Group, Mechatronika, Trina Solar, Solar FlexRack, TMEIC, Duke Energy

    Dual Axis Solar Tracker Market Trends

    The Dual Axis Solar Tracker Market is experiencing significant growth driven by several key market drivers, including the increasing demand for renewable energy and the need for efficient energy production methods. Governments worldwide are emphasizing the transition to sustainable energy sources, leading to higher investments in solar technology.

    Additionally, the rising concern over environmental issues, along with the implementation of favorable regulatory policies, is accelerating the adoption of dual-axis solar trackers, which maximize solar energy capture by adjusting the solar panels' orientation throughout the day.Opportunities to be explored in this market are plentiful, particularly in emerging economies where there is a growing focus on infrastructure development and energy diversification.

     The integration of advanced technologies such as AI and IoT within solar tracking systems presents a promising avenue for enhancing efficiency and operational performance. As industries seek to reduce their carbon footprints, the potential for dual-axis solar trackers in commercial and industrial applications is expanding, thereby opening new markets and revenue streams for manufacturers.

    Trends in recent times indicate a shift toward more sophisticated and automated solar tracking systems designed to improve energy yield and reduce land use. Increased research and development efforts aimed at enhancing the design and functionality of dual-axis trackers highlight a commitment to addressing the challenges posed by varying geographical and climatic conditions. As competition intensifies, companies are focusing on innovative solutions that improve performance and lower costs, ensuring that dual-axis solar trackers remain a vital component in the global transition towards sustainable energy solutions.

    This alignment with technological advancements and market demands positions the dual-axis solar tracker market for continued growth in the foreseeable future.

     

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    The increasing adoption of renewable energy technologies, particularly dual axis solar trackers, is poised to enhance energy efficiency and optimize solar power generation across diverse geographical landscapes.

    U.S. Department of Energy

    Dual Axis Solar Tracker Market Drivers

    Rising Demand for Renewable Energy

    The Global Dual Axis Solar Tracker Market Industry is experiencing a surge in demand driven by the global shift towards renewable energy sources. Governments worldwide are implementing policies and incentives to promote solar energy adoption, which is reflected in the increasing installation of solar power systems. For instance, the market is projected to reach 6.96 USD Billion in 2024, indicating a robust growth trajectory. This trend is further supported by the growing awareness of climate change and the need for sustainable energy solutions, leading to a significant uptick in dual axis solar tracker installations across various regions.

    Market Segment Insights

    Dual Axis Solar Tracker Market Segment Insights:

    Dual Axis Solar Tracker Market Segment Insights:

    Dual Axis Solar Tracker Market Tracker Type Insights  

    Dual Axis Solar Tracker Market Tracker Type Insights  

    The Dual Axis Solar Tracker Market is experiencing significant growth, driven by the increasing demand for renewable energy and advancements in solar technology. As of 2023, the overall market was valued at 6.29 USD Billion, with a broader market segmentation that includes Tracker Types such as Horizontal Dual Axis Trackers, Vertical Dual Axis Trackers, and Single-Axis Trackers.

    Each of these types plays a crucial role in harnessing solar energy more efficiently, with their individual contributions reflecting their functionality and market presence.Single-Axis Trackers, valued at 2.39 USD Billion in 2023, demonstrate strong potential within the market, as they are designed to optimize solar panel positioning efficiently throughout the day, capturing the maximum solar light, thus maintaining a significant share of the Dual Axis Solar Tracker Market revenue.

    Dual Axis Solar Tracker Market Application Insights  

    Dual Axis Solar Tracker Market Application Insights  

    The Dual Axis Solar Tracker Market is projected to be valued at 6.29 USD Billion in 2023 and is poised for substantial growth in the coming years. In this market, the Application segment is crucial, encompassing a range of users that enhances its dynamics. The Utility Scale application holds a dominant position, driven by the increasing demand for renewable energy sources to meet large-scale energy needs.

    Commercial  Industrial applications are gaining traction as businesses look to enhance their sustainability and reduce energy costs through smarter energy solutions.The Residential sector also plays an important role, aligning with the trend of homeowners investing in solar technologies to decrease electricity bills and attain energy independence. Overall, the Dual Axis Solar Tracker Market segmentation indicates that these applications are key to driving market revenue growth, with strong support from both policy frameworks promoting clean energy and advancements in solar technologies.

    Dual Axis Solar Tracker Market Installation Type Insights  

    Dual Axis Solar Tracker Market Installation Type Insights  

    The Dual Axis Solar Tracker Market is experiencing significant growth, with a focus on the Installation Type segment, which includes Ground Mounted, Rooftop Mounted, and Integrated with Building-Integrated Photovoltaics (BIPV). As of 2023, the overall market was valued at approximately 6.29 billion USD, reflecting the increasing adoption of solar technologies. Ground Mounted systems have been of particular importance due to their ability to optimize energy capture on large scales and are often favored in utility-scale projects.

    Rooftop Mounted installations contribute notably to residential and commercial sectors, allowing buildings to harness solar energy efficiently while reducing carbon footprints.Integrated with BIPV offers a unique advantage by combining building materials with solar technology, thereby promoting aesthetic solutions while maximizing space utilization. This segment is gaining traction as energy efficiency and sustainability trends drive innovation in solar solutions. The significant growth in installation types is driven by not only technological advancements but also favorable government policies and increasing environmental awareness.

    Dual Axis Solar Tracker Market Control System Insights  

    Dual Axis Solar Tracker Market Control System Insights  

    The Control System segment of the Dual Axis Solar Tracker Market plays a critical role in enhancing energy efficiency and performance. With the overall market valued at 6.29 USD Billion in 2023, this segment drives significant advancements in solar tracking technology. Active Control Systems contribute to real-time adjustments based on environmental conditions, ensuring optimal energy capture, while Passive Control Systems rely on simpler mechanisms that adjust position according to predefined settings.

    Such subdivisions hold a considerable share in the market, with trends leaning towards increasing adoption of advanced active systems due to their higher efficiency and effectiveness in maximizing solar energy utilization.This growing demand is fueled by factors like rising energy demands, decreasing solar technology costs, and government initiatives promoting renewable energy sources. However, challenges such as initial installation costs and the complexity of systems can impact market growth. Overall, the Dual Axis Solar Tracker Market data suggest that both Active and Passive Control Systems are essential in addressing the evolving energy landscape, reflecting substantial growth opportunities in upcoming years.

    Dual Axis Solar Tracker Market Material Used Insights  

    Dual Axis Solar Tracker Market Material Used Insights  

    The Dual Axis Solar Tracker Market reflects robust growth, projected to achieve a valuation of 6.29 USD billion in 2023. This market is notably segmented by the material used, which includes Aluminum, Steel, and Composite Materials. Each material offers unique properties that cater to various installation environments, contributing significantly to the market's dynamics.

    Aluminum is appreciated for its lightweight and corrosion resistance, which enhances the longevity of solar trackers, while Steel is often favored for its strength and durability, supporting larger structures under diverse weather conditions.Composite Materials are emerging as a compelling choice due to their lightweight nature and resistance to environmental factors, driving innovation in the industry. The combination of these materials shapes the market and influences the overall operational efficiency of solar trackers, thereby impacting the Dual Axis Solar Tracker Market revenue.

    Furthermore, the market experiences growth driven by increasing solar energy adoption, technological advancements, and favorable government policies, alongside challenges related to material costs and supply chain constraints.The segmentation of the Dual Axis Solar Tracker Market data provides insights essential for stakeholders to inform strategic decisions and investments in this evolving industry.

    Get more detailed insights about Dual Axis Solar Tracker Market

    Regional Insights

     

    The Dual Axis Solar Tracker Market is experiencing notable growth across various regions. In 2023, North America held a market valuation of 2.0 USD Billion, marking it as a significant player alongside the Asia-Pacific region, which leads with a value of 2.3 USD Billion. Europe follows closely with a valuation of 1.75 USD Billion, reflecting its growing commitment to renewable energy solutions.

    South America and the Middle East Africa region, with valuations of 0.75 USD Billion and 0.49 USD Billion, respectively, represent emerging markets with potential for expansion.The Asia-Pacific region, being the dominant segment, benefits from increased investments in solar technologies and favorable government policies promoting clean energy, thereby ensuring its majority holding in market growth. North America and Europe also contribute significantly due to their technological advancements and supportive regulatory frameworks.

    The Dual Axis Solar Tracker Market revenue reflects strong regional diversification, with each area contributing uniquely to the overall market dynamics and offering various opportunities for further development and innovation.The market growth is supported by rising awareness of renewable energy benefits, although challenges remain, including initial installation costs and technological integration.

    Dual Axis Solar Tracker Market Regional Insights

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Key Players and Competitive Insights

    The Dual Axis Solar Tracker Market has emerged as a pivotal sector within the renewable energy landscape, driven by the increasing emphasis on efficient solar energy harnessing. Dual-axis solar trackers are instrumental in maximizing energy capture by following the sun's trajectory throughout the day, thus optimizing photovoltaic panel efficiency. The competitive insights within this market reveal a diverse array of players who are focusing on innovation, technological advancements, and strategic partnerships to capture market share.

    The rising demand for solar energy solutions, coupled with supportive government policies and funding initiatives, has intensified competition among manufacturers aiming to offer superior products that enhance energy yield and reduce the overall cost of solar installations. Industry players are leveraging their technological prowess and manufacturing capabilities to meet the growing needs of utility-scale solar projects, commercial installations, and residential solar systems.Powerway has established a robust presence in the Dual Axis Solar Tracker Market by leveraging its strengths in product innovation and manufacturing quality.

    The company is recognized for its advanced engineering capabilities that contribute to the design and fabrication of dual-axis solar trackers that are resistant to harsh environmental conditions. Powerway's emphasis on reliability and durability has garnered the trust of numerous industry stakeholders, enabling it to expand its market footprint. Furthermore, Powerway's commitment to enhancing operational efficiency through continuous improvements in tracking technology allows it to maintain a competitive edge.

    The strategic approach in aligning its products with customer needs while ensuring cost-effectiveness has further solidified Powerway's position in the market as a leader in dual axis tracking solutions.First Solar has carved out a significant niche within the Dual Axis Solar Tracker Market through its focus on sustainability and efficiency in solar energy production. The company's expertise lies in integrating dual-axis tracking technology with its high-performance photovoltaic modules, enabling superior energy yield and positioning First Solar as a frontrunner in this sector.

    Its global reach and strong engineering design capabilities allow First Solar to deliver comprehensive solar solutions tailored to diverse geographic and market requirements. The strategic collaborations and partnerships with other stakeholders enhance First Solar's operational capabilities and market access, allowing it to leverage economies of scale and optimize supply chain management. As a result, First Solar continues to make a significant impact in the dual-axis solar tracker arena, focusing on innovation that drives energy efficiency and fosters long-term growth within the renewable energy market.

    Key Companies in the Dual Axis Solar Tracker Market market include

    Industry Developments

    • Q2 2024: Array Technologies announces partnership with Siemens for dual-axis solar tracker integration Array Technologies revealed a strategic partnership with Siemens to integrate advanced control systems into its dual-axis solar trackers, aiming to enhance efficiency and grid connectivity for utility-scale solar projects.
    • Q2 2024: Nextracker opens new manufacturing facility in Texas to expand dual-axis solar tracker production Nextracker inaugurated a new manufacturing plant in Texas dedicated to producing dual-axis solar trackers, responding to rising demand from U.S. solar developers and supporting domestic supply chain resilience.
    • Q3 2024: Soltec secures $120 million contract for dual-axis solar trackers in Chile Soltec announced it won a $120 million contract to supply dual-axis solar trackers for a major photovoltaic project in Chile, marking one of the largest tracker deals in South America for 2024.
    • Q3 2024: Trina Solar launches new dual-axis tracker model with AI-powered optimization Trina Solar unveiled its latest dual-axis solar tracker featuring AI-driven optimization algorithms, designed to boost energy yield and reduce maintenance costs for large-scale solar installations.
    • Q4 2024: SunPower appoints new CTO to lead dual-axis tracker technology development SunPower named Dr. Lisa Chen as Chief Technology Officer, tasking her with accelerating innovation in dual-axis solar tracker systems and expanding the company's technology portfolio.
    • Q4 2024: Array Technologies completes $250 million acquisition of solar tracker startup HelioTrack Array Technologies finalized the acquisition of HelioTrack, a startup specializing in dual-axis solar tracker technology, strengthening its product offerings and intellectual property portfolio.
    • Q1 2025: Nextracker wins contract for dual-axis solar trackers in India’s largest solar park Nextracker announced it secured a contract to supply dual-axis solar trackers for a 500 MW solar park in Rajasthan, India, supporting the country's renewable energy expansion.
    • Q1 2025: Canadian Solar launches dual-axis tracker for cold climate installations Canadian Solar introduced a new dual-axis solar tracker designed specifically for cold climate regions, featuring enhanced durability and frost-resistant components.
    • Q2 2025: Soltec announces partnership with Schneider Electric for smart dual-axis tracker controls Soltec entered a partnership with Schneider Electric to co-develop smart control systems for dual-axis solar trackers, aiming to improve energy management and remote diagnostics.
    • Q2 2025: First Solar secures $200 million funding for dual-axis tracker R&D First Solar raised $200 million in funding to accelerate research and development of next-generation dual-axis solar trackers, focusing on efficiency and cost reduction.
    • Q3 2025: Trina Solar opens new R&D center for dual-axis tracker technology in Germany Trina Solar inaugurated a research and development center in Germany dedicated to advancing dual-axis solar tracker technology, with a focus on European market needs.
    • Q3 2025: SunPower wins regulatory approval for dual-axis tracker deployment in California SunPower received regulatory approval from California authorities to deploy its dual-axis solar trackers in a new 300 MW solar farm, supporting the state's clean energy targets.

     

    Future Outlook

    Dual Axis Solar Tracker Market Future Outlook

    The Dual Axis Solar Tracker Market is projected to grow at a 10.62% CAGR from 2025 to 2035, driven by technological advancements, increasing demand for renewable energy, and supportive government policies.

    New opportunities lie in:

    • Develop smart tracking systems integrating IoT for enhanced energy efficiency. Expand into emerging markets with tailored solar solutions for local conditions. Invest in R&D for lightweight materials to reduce installation costs and improve efficiency.

    By 2035, the Dual Axis Solar Tracker Market is expected to achieve substantial growth, solidifying its role in global renewable energy.

    Market Segmentation

    Dual Axis Solar Tracker Market Regional Outlook

    • North America
    • Europe
    • South America
    • Asia-Pacific
    • Middle East and Africa

    Dual Axis Solar Tracker Market Application Outlook

    • Utility Scale
    • Commercial Industrial  
    • Residential

    Dual Axis Solar Tracker Market Tracker Type Outlook

    • Horizontal Dual-Axis Trackers
    • Vertical Dual Axis Trackers
    • Single-Axis Trackers

    Dual Axis Solar Tracker Market Material Used Outlook

    • Aluminum
    • Steel
    • Composite Materials

    Dual Axis Solar Tracker Market Control System Outlook

    • Active Control Systems
    • Passive Control Systems

    Dual Axis Solar Tracker Market Installation Type Outlook

    • Ground Mounted
    • Rooftop Mounted
    • Integrated with BIPV

    Report Scope

    Report Attribute/MetricDetails
    Market Size 203523.38 (USD Billion)
    Compound Annual Growth Rate (CAGR)10.62% (2025 - 2035)
    Report CoverageRevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2022
    Market Forecast UnitsUSD Billion
    Key Companies ProfiledPowerway, First Solar, Bifacial Solar, Nextracker, Array Technologies, Suntech Power, PVHardware, Canadian Solar, SunPower, REC Group, Mechatronika, Trina Solar, Solar FlexRack, TMEIC, Duke Energy
    Segments CoveredTracker Type, Application, Installation Type, Control System, Material Used, Regional
    Key Market Opportunities1.      Increasing demand for renewable energy, 2.      Technological advancements in solar tracking, 3.      Government incentives for solar installations 4.      Growth in utility-scale solar projects 5.      Rising energy costs and energy independence
    Key Market Dynamicsincreased solar energy adoption, technological advancements in tracking, favorable government policies, rising energy costs, reduced carbon emissions initiatives
    Countries CoveredNorth America, Europe, APAC, South America, MEA
    Market Size 20247.70 (USD Billion)
    Market Size 20258.52 (USD Billion)

    FAQs

    What is the expected market size of the Dual Axis Solar Tracker Market in 2032?

    The Dual Axis Solar Tracker Market is expected to be valued at 15.6 USD Billion by 2032.

    What is the projected CAGR for the Dual Axis Solar Tracker Market from 2024 to 2032?

    The projected CAGR for the Dual Axis Solar Tracker Market from 2024 to 2032 is 10.62%.

    Which region is anticipated to have the largest market share in 2032 for the Dual Axis Solar Tracker Market?

    North America is anticipated to have the largest market share with an expected value of 4.9 USD Billion in 2032.

    What is the market size of the Horizontal Dual Axis Trackers segment in 2032?

    The Horizontal Dual Axis Trackers segment is expected to be valued at 6.19 USD Billion in 2032.

    Which company is a key player in the Dual Axis Solar Tracker Market?

    Major players in the market include companies like Powerway, First Solar, and Nextracker.

    What is the expected market size for the Vertical Dual Axis Trackers segment by 2032?

    The Vertical Dual Axis Trackers segment is expected to reach a market size of 3.45 USD Billion by 2032.

    How much was the Dual Axis Solar Tracker Market valued in the APAC region for 2023?

    The Dual Axis Solar Tracker Market in the APAC region was valued at 2.3 USD Billion in 2023.

    What is the projected market size of the Single-Axis Trackers segment in 2032?

    The Single-Axis Trackers segment is projected to reach a market size of 5.96 USD Billion in 2032.

    What is the market size for the Dual Axis Solar Tracker Market in South America in 2023?

    The market size for the Dual Axis Solar Tracker Market in South America is valued at 0.75 USD Billion in 2023.

    What is the expected market value for the Middle East and Africa (MEA) region by 2032?

    The expected market value for the MEA region is projected to be 1.0 USD Billion by 2032.

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