Commercial & Industrial Solar Tracker Market Size By Product (Single Axis, Dual Axis), Regional Outlook, Competitive Market Share & Global Forecast, 2024 – 2032

Trina Solar, Powerway Renewable Energy Co., Ltd, MECASOLAR, Abengoa, Array Technologies, Inc., Haosolar Co. Ltd, SOLTEC, SmartTrak Solar Systems (Pvt) Ltd., Scorpius Trackers, and All Earth Renewables, are some of the major commercial & industrial solar tracker companies worldwide.

North America commercial & industrial solar tracker industry is expected to reach over USD 520 million by 2032 due to supportive policies at the federal, state, and provincial levels in the region.

Commercial & industrial solar tracker market size was USD 5 billion in 2023 and is expected to register 6.3% CAGR from 2024-2032 owing to their capability of accommodating variable terrain and uneven ground conditions, along with optimizing power output.

Commercial & industrial solar tracker industry from the single axis segment reached over USD 5.1 billion in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to this systems contribution in reduce greenhouse gas emissions and air pollution.