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Dual Axis Solar Tracker Market Size & Share 2026-2035

Market Size, By Application (Residential, Commercial & Industrial, Utility). The market forecasts are provided in terms of revenue (USD Million) & volume (MW).

Report ID: GMI5915
   |
Published Date: April 2026
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Report Format: PDF

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Dual Axis Solar Tracker Market Size

The global dual axis solar tracker market size was valued USD 21.2 billion in 2025. The market will grow from USD 23.4 billion in 2026 to USD 54.1 billion in 2035, at a CAGR of 9.8%, according to Global Market Insights, Inc.

Dual Axis Solar Tracker Market Key Takeaways

Market Size & Growth

  • 2025 Market Size: USD 21.2 Billion
  • 2026 Market Size: USD 23.4 Billion
  • 2035 Forecast Market Size: USD 54.1 Billion
  • CAGR (2026–2035): 9.8%

Regional Dominance

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

Key Market Drivers

  • Stringent clean energy targets.
  • Increasing off grid electricity demand.
  • Growing focus on utility scale projects.

Challenges

  • High initial investment.

Opportunity

  • Expansion in high-irradiance and land-constrained regions.
  • Integration with high-value, space-constrained applications.

Key Players

  • Market Leader: NextPower led with over 25% market share in 2025.
  • Leading Players: Top 5 players in this market include Arctech Solar, Soltec Power, Nextracker, PV Hardware, Array Technologies, which collectively held a market share of 60% in 2025.

  • A dual-axis solar tracker is a type of solar tracking system that orients solar panels or photovoltaic modules in both directions horizontal and vertical rotation. This allows the solar panels to follow the sun’s movement across the sky both throughout the day and across seasons, optimizing their exposure to sunlight and maximizing energy production.
  • Integration of AI, IoT, and remote monitoring technologies will enhance the value proposition of dual-axis trackers, thereby stimulating the market landscape. New modern designs which are more modular and easier to install will contribute to cost savings and improved scalability for larger installations. Maximized energy production with high energy yield such as in the case of solar farms with highly favorable weather conditions will augment the market landscape. Moreover, countries with ambitious renewable energy goals, such as those in the European Union and China, are more likely to invest in higher-efficiency technologies, including dual-axis trackers, augmenting the industry growth.
  • The dual axis trackers are utilized in regions with high solar irradiance, where maximizing solar energy capture is crucial, including parts of Southern Europe, the Middle East, Africa, South America, and parts of Asia. Furthermore, higher efficiency gains of up to 40% in comparison to fixed systems and 15-25% over single-axis trackers, coupled with increasing adoption of bifacial solar panels will stimulate the product penetration.
Dual Axis Solar Tracker Market Research Report

Dual Axis Solar Tracker Market Trends

  • Shifting consumer focus toward cost effective clean electricity, supported by government policies promoting renewable energy. The Renewable Portfolio Standards (RPS) further encourage clean energy adoption, leading to higher energy yields and increased electricity generation strengthening the market growth. Increasing government initiatives including net-metering and feed-in tariffs will create favorable opportunities for solar energy systems, generating more electricity in comparison to fixed-tilt systems, thereby leading to market growth.

Dual Axis Solar Tracker Market Analysis

Dual Axis Solar Tracker Market Revenue Share, By Application, 2025 (USD Billion)

Based on application, the dual axis solar tracker market is segmented into residential, commercial & industrial and utility.

  • Utility is anticipated to grow over USD 49 Billion by 2035. Growing efforts from private and public sectors coupled with advancements in tracker technology will boost the product adoption. Increasing inorganic partnerships, and mergers between solar developers and state-owned companies will lead to market growth. In addition, ongoing regulations including structural requirements, setback distances, and safety considerations, will augment the industry statistics.

U.S. Dual Axis Solar Tracker Market Size, 2023-2035 (USD Billion)

The U.S. Dual Axis Solar Tracker Market is anticipated to grow over USD 0.62 Billion by 2035.

  • The rapid drop in renewable energy and solar tracker component costs along with the growth of non-hydropower energy sources like wind and solar in the economy, is driving the market growth. Improved design techniques have increased the efficiency and reliability of trackers, and will support the industry landscape. Additionally, key features comprising of better land utilization and higher panel density per unit, particularly in areas with limited land, will drive the business outlook.

Dual Axis Solar Tracker Market Share

  • Leading players are diversifying their portfolios to cater to a wide range of customers, ranging from small to large-scale commercial and utility projects. Manufacturers in the industry are strengthening their market presence by forming partnerships, pursuing strategic mergers and acquisitions, and increasing product developments. Further, several strategic partnerships and mergers within the industry will drive technological advancement, expand geographical footprints, and share resources in R&D.

Dual Axis Solar Tracker Market Companies

Eminent players operating in the dual axis solar tracker industry are:

  • Abengoa
  • Arctech Solar
  • All Earth Renewables
  • Array Technologies
  • Convert Italia
  • Degerenergie
  • Haosolar
  • Ideematec
  • Mechatron Solar
  • NextPower
  • PARU
  • PV Hardware
  • Scorpius Trackers
  • Solar CenTex
  • Soltec
  • SunPower Corporation
  • Stracker Incorporated
  • Sun Action Trackers
  • Suntactics
  • Targay

Dual Axis Solar Tracker Industry News

  • In 2026, GameChange Solar launched a new Distributed Generation (DG) Solar Division. It is designed to provide service tailored to the needs of smaller-scale installations and will be staffed by dedicated sales, engineering, and customer service teams to streamline project delivery for EPCs and developers. It additionally represents a fast-growing and strategically critical segment of the renewable energy market.
  • In February 2026, FTC Solar signed a three-year supply agreement with Lubanzi Inala, to provide solar tracker systems for multiple utility-scale projects across South Africa. It will further deliver a mix of its 1P and 2P tracker technologies for a portfolio totaling approximately 840 MW. The first projects under this agreement are expected to begin construction in mid-2026, highlighting strong pipeline visibility in emerging markets.
  • In February 2023, Stracker Solar entered into an agreement with AFC Solar to install its advanced dual-axis solar tracker on for commercial and industrial solar sectors. The companies see huge potential in elevated dual-axis solar tracker with durability and flexibly for various environmental conditions. Thereby, this innovative technology will enhance the company’s portfolio and support in maintaining strong position across the market.
  • In March 2022, Mechatron Solar secured an order for its patented dual-axis solar tracker technology, set to be installed in a solar carport on an academic campus in Israel. The company also tailored the product for agricultural use, bolstering the nation's renewable energy initiatives. As a result, Israel successfully cultivated a strong customer base in the solar market.

The dual axis solar tracker market research report includes an in-depth coverage of the industry with estimates & forecast in terms of volume and revenue in “(USD Million and MW) from 2022 to 2035, for the following segments:

Market, By Application 

  • Residential
  • Commercial & Industrial
  • Utility

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
  • Middle East
    • Saudi Arabia
    • UAE
    • Jordan
    • Israel
  • Africa
    • South Africa
    • Egypt
    • Algeria
    • Nigeria
    • Morocco
  • 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

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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 dual axis solar tracker market in 2025?
The dual axis solar tracker market size was valued USD 21.2 billion in 2025, driven by stringent clean energy targets, increasing off grid electricity demand, and growing focus on utility scale projects.
What is the projected value of the dual axis solar tracker market by 2035?
The market will grow from USD 23.4 billion in 2026 to USD 54.1 billion in 2035, at a CAGR of 9.8%, driven by stringent clean energy targets, increasing off grid electricity demand, and growing focus on utility scale projects.
What is the projected size of the global dual axis solar tracker market in 2026?
The market is expected to grow from USD 23.4 billion in 2026.
Which application segment is anticipated to grow over USD 49 billion by 2035?
The utility segment is anticipated to grow over USD 49 billion by 2035.
What is the projected value of the U.S. dual axis solar tracker market by 2035?
The U.S. market is anticipated to grow over USD 0.62 billion by 2035.
What are the upcoming trends in the dual axis solar tracker industry?
Key trends include shifting consumer focus toward cost effective clean electricity supported by government policies promoting renewable energy, increasing government initiatives including net-metering and feed-in tariffs creating favorable opportunities for solar energy systems, and maximizing energy production with high energy yield for solar farms with highly favorable weather conditions.
Dual Axis Solar Tracker Market Scope
  • Dual Axis Solar Tracker Market Size

  • Dual Axis Solar Tracker Market Trends

  • Dual Axis Solar Tracker Market Analysis

  • Dual Axis Solar Tracker Market Share

Authors:  Ankit Gupta, Srishti Agarwal
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Premium Report Details:

Base Year: 2025

Companies Profiled: 20

Tables & Figures: 35

Countries Covered: 26

Pages: 110

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