Solar tracker market is driven by the increasing adoption of renewable energy systems and the growing deployment of utility-scale solar projects worldwide. Rising demand for higher energy efficiency, improved solar panel performance, and optimized electricity generation is accelerating the installation of single-axis and dual-axis solar tracking systems across commercial, residential, and industrial sectors. In addition, supportive government policies for clean energy development, declining solar installation costs, and advancements in photovoltaic (PV) technologies are further contributing to market expansion during the forecast period
Browse the full report description of “Solar Tracker Market Size, Share & Trends Analysis Report By Type (Single Axis Tracker, and Dual Axis Tracker) By Technology (Photovoltaic System (PV), Concentrated Solar Power (CSP), and Concentrator Photovoltaics (CPV)) By End-User (Commercial, Residential, Industrial, and Others), Forecast Period (2026-2035)” https://www.omrglobal.com/industry-reports/solar-tracker-market
March 2026 – FTC Solar signed a 1-GW tracker supply agreement with Strata Clean Energy
In March 2026, FTC Solar signed a five-year, 1-GW solar tracker supply agreement with Strata Clean Energy. The agreement marked a major strategic development in the solar tracker market, driven by the increasing deployment of utility-scale solar energy projects and rising demand for long-term OEM partnerships. The collaboration is expected to strengthen FTC Solar’s large-scale deployment pipeline and enhance supply chain stability across renewable energy projects. Growing investments in clean energy infrastructure and expanding solar capacity installations are anticipated to further support market growth opportunities associated with the agreement.
July 2025 – Nextracker launched a new AI and robotics division after technology acquisitions
In July 2025, Nextracker announced the launch of a dedicated AI and robotics business following multiple strategic technology acquisitions valued at more than $40 million. The development represented a significant strategic advancement in the solar tracker market, primarily driven by the increasing demand for automation, intelligent monitoring, and operational efficiency across utility-scale solar projects. The initiative is expected to strengthen Nextracker’s technological capabilities in solar plant deployment, performance optimization, and predictive maintenance solutions while supporting the growing adoption of advanced digital technologies in renewable energy infrastructure.
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