Global solar tracker market grew 19% in 2025

WORLD
SOLAR

image

The global solar tracker market increased 19% year-on-year in 2025 with more than 134 GWdc of equipment shipping, according to analysis by Wood Mackenzie.

According to pv-magazine, the result is a record year for global tracker shipments, outperforming the 111 GWdc from 2024.

US-based Nextpower maintained its top global position for the eleventh straight year, with its core tracker business growing to nearly 40 GWdc of shipments globally.

US’s Gamechange Energy, China’s Archtech Solar, US’s Array Technologies and Spain’s PV Hardware rounded out the top five worldwide, representing the same group as the previous two years.

Wood Mackenzie’s analysis says Gamechange Energy enjoyed a particularly strong year for shipments to India and Africa, the latter of which it says its the fastest growing region for tracker demand. Arctech’s performance last year was highlighted by success in Saudi Arabia, which surpassed Spain as the third largest tracker market. 

The US domestic tracker demand rebounded by more than 25% compared to 2024, surpassing 40 GWdc of shipments for the first time. Nextpower extended its market share above 50% in the US, widening its gap over Array Technologies and Gamechange. Together, these three companies account for nearly 90% of the entire US solar tracker market.

Joe Shangraw, Research Analyst at Wood Mackenzie, says the US market remains uniquely important to the top American vendors.

“Not only is the revenue-per-watt significantly higher than international averages, but the US is the epicenter for tracker innovation in this current era of mergers and acquisitions activity, smart software and expanded product offerings,” Shangraw said. “Success in the US is the best tool for global expansion.”

Europe’s tracker market also grew last year, reaching a new shipment record of 25 GWdc. Valencia-headquartered Axial captured the highest market share in Europe, Wood Mackenzie says, thanks to its key markets in EU countries, such as Italy, where funding its being used to support dual land use projects.

Renewables.az


RELATED NEWS