Residential Solar Tracker Market Size - By Product (Single Axis, Dual Axis), Regional Outlook & Forecast, 2024 – 2032

Array Technologies, Inc., All Earth Renewables, ArcelorMittal, DEGERENERGIE GMBH & CO. KG, FLEXRACK by Qcells, LLC, GameChange Solar, Haosolar Co. Ltd, IDEEMATEC, MECASOLAR, and Nextracker Inc., among others.

The single axis segment in the residential solar tracker market will record USD 1.06 billion by 2032, driven by advancements in tracking technology, their simplicity in design and installation.

The market size residential solar tracker was reached USD 775.1 million in 2023 and will grow at over 8.2% CAGR between 2024 and 2032, due to growing awareness of environmental issues and the desire for sustainable energy solutions.

Asia Pacific residential solar tracker industry will expand to USD 917 million by 2032, attributed to the region's rapid urbanization, coupled with government initiatives promoting renewable energy adoption.