Download free PDF

Commercial & Industrial Solar Tracker Market Size & Share 2026-2035

Market Size, By Product (Single Axis, Dual Axis). The market forecasts are provided in terms of revenue (USD Billion) & volume (MW).

Report ID: GMI9487
   |
Published Date: April 2026
 | 
Report Format: PDF

Download Free PDF

Commercial & Industrial Solar Tracker Market Size

The commercial & industrial solar tracker market size was valued USD 6.8 Billion in 2025. The market is anticipated to grow from USD 7.4 billion in 2026 to USD 16.8 billion in 2035, at a CAGR of 9.5% by 2035.

Commercial & Industrial Solar Tracker Market Key Takeaways

Market Size & Growth

  • 2025 Market Size: USD 6.8 Billion
  • 2026 Market Size: USD 7.4 Billion
  • 2035 Forecast Market Size: USD 16.8 Billion
  • CAGR (2026–2035): 9.5%

Regional Dominance

  • Largest Market: Asia Pacific
  • Fastest Growing Region: North America

Key Market Drivers

  • Growing adoption across C&I projects.
  • Rising penetration of solar energy across economies.
  • Increasing off grid electricity demand.

Challenges

  • High initial cost.

Opportunity

  • Continued expansion of utility-scale solar projects.
  • Growing adoption in emerging and hybrid energy applications.

Key Players

  • Market Leader: Nextracker led with over 25% market share in 2025.
  • Leading Players: Top 5 players in this market include Arctech Solar, GameChange Solar, Nextracker, PV Hardware, Array Technologies, which collectively held a market share of 68% in 2025.

  • Solar trackers move in synchronization with the sun, tracking it as it arcs across the sky during the day. By keeping the sun rays focused directly on the solar panel, this technique maximizes the power obtained from sunlight. Solar trackers are also appealing to developers as they have higher yields than fixed tilt panels.
  • Capability of accommodating variable terrain and uneven ground conditions, optimize power output, and suitability for a wide range of energy applications will drive the product demand. Community solar programs allow multiple customers to share the benefits of a solar energy system located off site, comprising a solar farm equipped with solar trackers.
  • State and provincial government programs that encourage community solar allow businesses and organizations to engage with solar power and enjoy energy credits or savings. Additionally, manufacturers continue to invent features and technologies that give them a competitive edge and allow them to provide value that customers (developers, investors) want, while contributing to the overall market environment.
  • The demand for the product is driven by supportive federal, state, and provincial policies and incentives promoting solar deployment, including solar tracking applications. Also, incentives such as investment and production tax credits, and renewable energy credits would likely contribute to decreasing capital costs for solar trackers and their widespread deployment.
Commercial & Industrial Solar Tracker Market Research Report

Commercial & Industrial Solar Tracker Market Trends

  • Technical evolution of solar trackers for improving efficiency, reliability, and economics of the product will be another driver to enrich the business opportunities. Technologies including optimization of bifacial products, separate row tracking, autonomous operation of trackers, sophisticated control algorithm among others will bring more advantages in solar trackers thus boosting the product penetration with the developers and investors. Potential for additional energy yield will provide a good ROI for the project lifetime.

Commercial & Industrial Solar Tracker Market Analysis

Commercial & Industrial Solar Tracker Market Revenue Share, By Product, 2025 (USD Billion)

Based on product, the commercial & industrial solar tracker market is segmented into single axis and dual axis. Single axis is anticipated to grow by more than USD 9.6 billion by 2035.

  • Higher energy yields ranging between 20-30% based on the site and tracker support design allow the developers and investors to justify investment in trackers, improving efficiency and economic returns on a solar installation. In addition the system contributes to reducing greenhouse gas emissions and air pollution through the utilization of the sun to produce clean, green electricity, making it instrumental in promoting the move towards a low carbon energy economy and alleviating the effects of climate change.
  • Dual axis trackers allow higher energy yields, particularly where the sun’s angle is variable and varies with seasonal solar irradiance changes, driving product uptake. Improved conversion efficiencies and higher yields per unit area particularly at early morning, late afternoon and during winter seasons (where the angle of the sun is lowest) and the suitability of bifacial solar modules (producing energy from front and rear of module) will improve the yield per bifacial solar module.

U.S. Commercial & Industrial Solar Tracker Market Size, 2023-2035 (USD Billion)

The U.S. commercial & industrial solar tracker market is anticipated to grow by more than USD 0.6 Billion by 2035.

  • Federal, state, and provincial supporting policies help to encourage a broader deployment of solar trackers and solar power. Introduction of Investment Tax Credit (ITC) for solar energy system gives project developers and investors the ability to reduce the taxable income by the percentage of qualified investment in a solar energy property, thus increasing the product penetration. Also, the Production Tax Credit (PTC) where a tax credit is given for each kWh of electricity produced from eligible renewable energy sources, will encourage further development and operation of solar tracker projects.
  • Implementation of Renewable Portfolio Standards (RPS) give rise to the demand of renewable projects, including those of solar trackers, by setting required amount of renewable energy credits (RECs) for the companies to comply with their compliance requirements. Lastly, both net metering and feed-in tariffs (FITs) give financial incentives for commercial and industrial customers to adopt solar power systems (including those of solar trackers) by either reducing the electric bills or providing revenue for their electricity generated and used by other commercial or industrial customers, thus supporting the business.

Commercial & Industrial Solar Tracker Market Share

  • A combination of innovative new entrants, established players, and localized experts compete and co-exist to deliver the affordable, reliable, and performance-enhancing tracking solution that the commercial and industrial solar market requires. Furthermore, Technology differentiation, project execution capacity and after-sales service are critical components to market success. It is also noted that a combination of established players such as Nextracker, Array Technologies and Soltec demonstrate its ability to hold dominant market position.

Commercial & Industrial Solar Tracker Market Companies

Eminent players operating in the Commercial & Industrial Solar Tracker industry are:

  • Abengoa
  • AllEarth Renewables
  • Antai Solar
  • ArcelorMittal
  • Arctech Solar
  • Array Technologies
  • Convert Italia
  • Degerenergie
  • GameChange Solar
  • Gonvarri Solar Steel
  • Haosolar
  • Ideematec
  • MECASOLAR
  • Nclave
  • Nextracker
  • Powerway Renewable Energy
  • PVHardware
  • Scorpius Trackers
  • SOLTEC
  • Trina Solar

Commercial & Industrial Solar Tracker Industry News

  • In April 2026, Nextpower introduced the NX Horizon 1P tracker with terrain-following capability and configurable system design. It further includes an independent-row architecture, slew drive with a brushless DC motor, and multiple tracking modes. Further, it comes with a 10-year structural warranty and 5-year coverage for motor and electronics.
  • For instance, in July 2025, NewEnergie Renewable Ltd. has secured IEC, UL, and CE certifications for its single-axis solar tracker portfolio for the company’s commitment to global quality, safety and the performance standards. This certification confirms that the trackers meet stringent international requirements for electrical safety, structural reliability, and operational efficiency, which enables their deployment across the key markets worldwide.
  • In February 2024, TrinaTracker launched an enhanced version of Vanguard 1P Smart solution. It combines the latest version of the tracker along with recent improvements to the Smart Control System, making a significant technology advance. The smart control systems renowned for their performance, high reliability, efficiency, and innovative design facilitating the construction of longer trackers nearly up to 140 meters. Furthermore, the company’s strategic focus on mounting the smart solution elements and digitization will augment its business portfolio.
  • In April 2024, Nextracker announced the launch of its flagship NX Horizon solar tracker system with nearly 35% lower carbon footprint. It includes Life Cycle Assessment (LCA) documentation comprising reductions in land use, carbon footprint, water consumption coupled with the manufacturing, sourcing, delivery, and operation of the solar trackers. Additionally, this will support the company expand its services to a larger part of consumers globally.

The commercial & industrial solar tracker market research report includes an in-depth coverage of the industry with estimates & forecast in terms of volume and revenue in “USD Billion & MW” from 2022 to 2035, for the following segments:

Market, By Product 

  • Single axis
  • Dual axis

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Netherlands
    • Germany
    • Sweden
    • Spain
    • Austria
  • Asia Pacific
    • China
    • Australia
    • India
    • Japan
    • South Korea
  • Africa
    • South Africa
    • Egypt
    • Algeria
    • Nigeria
    • Moracco
  • Middle East
    • Saudi Arabia
    • UAE
    • Jordan
    • Israel
  • Latin America
    • Brazil
    • Chile
Authors:  Ankit Gupta, Srishti Agarwal

Research methodology, data sources & validation process

This report draws on a structured research process built around direct industry conversations, proprietary modelling, and rigorous cross-validation and not just desk research.

Our 6-step research process

  1. 1. Research design & analyst oversight

    At GMI, our research methodology is built on a foundation of human expertise, rigorous validation, and complete transparency. Every insight, trend analysis, and forecast in our reports is developed by experienced analysts who understand the nuances of your market.

    Our approach integrates extensive primary research through direct engagement with industry participants and experts, complemented by comprehensive secondary research from verified global sources. We apply quantified impact analysis to deliver dependable forecasts, while maintaining complete traceability from original data sources to final insights.

  2. 2. Primary research

    Primary research forms the backbone of our methodology, contributing nearly 80% to overall insights. It involves direct engagement with industry participants to ensure accuracy and depth in analysis. Our structured interview program covers regional and global markets, with inputs from C-suite executives, directors, and subject matter experts. These interactions provide strategic, operational, and technical perspectives, enabling well-rounded insights and reliable market forecasts.

  3. 3. Data mining & market analysis

    Data mining is a key part of our research process, contributing nearly 20% to the overall methodology. It involves analysing market structure, identifying industry trends, and assessing macroeconomic factors through revenue share analysis of major players. Relevant data is collected from both paid and unpaid sources to build a reliable database. This information is then integrated to support primary research and market sizing, with validation from key stakeholders such as distributors, manufacturers, and associations.

  4. 4. Market sizing

    Our market sizing is built on a bottom-up approach, starting with company revenue data gathered directly through primary interviews, alongside production volume figures from manufacturers and installation or deployment statistics. These inputs are then pieced together across regional markets to arrive at a global estimate that stays grounded in actual industry activity.

  5. 5. Forecast model & key assumptions

    Every forecast includes explicit documentation of:

    • ✓ Key growth drivers and their assumed impact

    • ✓ Restraining factors and mitigation scenarios

    • ✓ Regulatory assumptions and policy change risk

    • ✓ Technology adoption curve parameter

    • ✓ Macroeconomic assumptions (GDP growth, inflation, currency)

    • ✓ Competitive dynamics and market entry/exit expectations

  6. 6. Validation & quality assurance

    The final stages involve human validation, where domain experts manually review filtered data to identify nuances and contextual errors that automated systems might miss. This expert review adds a critical layer of quality assurance, ensuring data aligns with research objectives and domain-specific standards.

    Our triple-layer validation process ensures maximum data reliability:

    • ✓ Statistical Validation

    • ✓ Expert Validation

    • ✓ Market Reality Check

Trust & credibility

10+
Years in Service
Consistent delivery since establishment
A+
BBB Accreditation
Professional standards & satisfaction
ISO
Certified Quality
ISO 9001-2015 Certified Company
150+
Research Analysts
Across 10+ industry verticals
95%
Client Retention
5-year relationship value

Verified data sources

  • Trade publications

    Security & defense sector journals and trade press

  • Industry databases

    Proprietary and third-party market databases

  • Regulatory filings

    Government procurement records and policy documents

  • Academic research

    University studies and specialist institution reports

  • Company reports

    Annual reports, investor presentations, and filings

  • Expert interviews

    C-suite, procurement leads, and technical specialists

  • GMI archive

    13,000+ published studies across 30+ industry verticals

  • Trade data

    Import/export volumes, HS codes, and customs records

Parameters studied & evaluated

Every data point in this report is validated through primary interviews, true bottom-up modelling, and rigorous cross-checks. Read about our research process →

Frequently Asked Question(FAQ) :
What is the market size of the commercial & industrial solar tracker in 2025?
The commercial & industrial solar tracker market was valued at USD 6.8 billion in 2025, driven by increasing solar deployment and demand for higher energy yield solar systems.
What is the projected value of the commercial & industrial solar tracker market by 2035?
The market is anticipated to reach USD 16.8 billion by 2035, driven by supportive renewable energy policies, tax incentives, and rising adoption of utility and community solar projects.
What is the projected size of the commercial & industrial solar tracker market in 2026?
The market is expected to reach USD 7.4 billion in 2026, supported by growing investments in solar infrastructure and demand for efficient tracking systems.
How much revenue/value is the single axis segment expected to generate?
The single axis segment is anticipated to grow by more than USD 9.6 billion by 2035, driven by higher energy yields, better ROI, and widespread adoption in large-scale solar projects.
Which country is expected to witness significant growth in the commercial & industrial solar tracker market?
The U.S. market is anticipated to grow by more than USD 0.6 billion by 2035, driven by federal tax credits, renewable portfolio standards, and solar deployment incentives.
Which product segment leads growth in the commercial & industrial solar tracker industry?
Single axis solar trackers lead the market growth, driven by their ability to improve solar panel efficiency and provide 20–30% higher energy yield depending on site and tracker design.
What are the upcoming trends in the commercial & industrial solar tracker market?
Key trends include optimization for bifacial solar modules, autonomous tracker operation, advanced control algorithms, separate row tracking, and development of lower-carbon-footprint tracker systems.
Who are the key players in the commercial & industrial solar tracker market?
Key players include Abengoa, AllEarth Renewables, Antai Solar, ArcelorMittal, Arctech Solar, Array Technologies, Convert Italia, Degerenergie, GameChange Solar, Gonvarri Solar Steel, Haosolar, Ideematec, MECASOLAR, Nclave, Nextracker, Powerway Renewable Energy, PVHardware, Scorpius Trackers, SOLTEC, and Trina Solar.
Commercial & Industrial Solar Tracker Market Scope
  • Commercial & Industrial Solar Tracker Market Size

  • Commercial & Industrial Solar Tracker Market Trends

  • Commercial & Industrial Solar Tracker Market Analysis

  • Commercial & Industrial Solar Tracker Market Share

Authors:  Ankit Gupta, Srishti Agarwal
Explore Our Licensing Options:

Starting at: $2,450

Premium Report Details:

Base Year: 2025

Companies Profiled: 20

Tables & Figures: 35

Countries Covered: 26

Pages: 120

Download Free PDF

We use cookies to enhance user experience. (Privacy Policy)