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North America Solar Tracker 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
Why is the solar tracker industry booming in the U.S.?
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.
Why is the demand for single axis solar trackers rising in the North America?
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.
How much is the North America solar tracker market worth?
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.
Who are the major North America solar tracker industry players?
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.