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North America Solar Tracker Market Share

Report ID: GMI9641
Published Date: May 2024
Report Format: PDF

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North America Solar Tracker Market Share

North America Solar Tracker Company Market Share

Companies are incorporating artificial intelligence (AI) and the Internet of Things (IoT) to create smart tracking systems. By scaling up the production, the companies can further reduce the per unit cost of solar trackers, making them more affordable and attractive for large-scale solar projects. Some companies are developing hybrid solutions that combine tracking technology with other advanced features such as bifacial panels or energy storage systems, providing a more comprehensive energy solution.

North America Solar Tracker Market Companies

Eminent players operating in the North America solar tracker industry are:

ArcelorMittal
Arctech
Array Technologies, Inc.
DEGERENERGIE GMBH & CO. KG
GameChange Solar
Gonvarri Solar Steel
IDEEMATEC
Hardware
Nextracker Inc.
Powerway Renewable Energy Co., Ltd
SunPower Corporation
Soltec
Scorpius Trackers
Trinasolar

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of North America solar tracker was reached USD 4.25 billion in 2023 and is anticipated to grow at 4.9% CAGR during 2024 to 2032, driven by improvements in tracking technology.

The single axis product segment of the North America solar tracker market will exceed USD 5.9 billion by 2032, due to their balance of cost, complexity, and performance.

U.S. solar tracker market size will expand at over USD 6.32 billion by 2032, owing to their ability to significantly enhance energy production.

ArcelorMittal, Arctech, Array Technologies, Inc, DEGERENERGIE GMBH & CO. KG, GameChange Solar, Gonvarri Solar Steel, IDEEMATEC, Hardware, Nextracker Inc., Powerway Renewable Energy Co., Ltd, SunPower Corporattion , Soltec , Scorpius Trackers, and Trinasolar among others.