Asia Pacific Solar Tracker Market Growth, Size, Trends Analysis - By Product, By Technology, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
Asia Pacific Solar Tracker Market Growth, Size, Trends Analysis - By Product, By Technology, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: May-2025 | Report ID: POAE2528 | Pages: 1 - 250 | Formats*: |
| Category : Power & Energy | |||
Asia Pacific Solar Tracker Market Introduction and Overview
According to SPER Market Research, the Asia Pacific Solar Tracker Market is estimated to reach USD 49.99 billion by 2034 with a CAGR of 4.08%.
The report includes an in-depth analysis of the Asia Pacific Solar Tracker Market, including market size and trends, product mix, Applications, and supplier analysis. The Asia Pacific Solar Tracker Market is expected to expand at a compound annual growth rate (CAGR) of 4.08% between 2025 and 2034, from its 2024 valuation of USD 33.51 billion. The business environment will be shaped by the ongoing reduction in the cost of solar photovoltaic technology as well as growing worries about air pollution and climate change. The business dynamics will be improved by refocusing attention on sustainable and renewable energy sources in accordance with advancements in tracking system technology.
By Product Insights:
Based on product, single axis solar trackers will dominate the market by 2034 due to their capacity to provide increased energy yield and maximise electricity output, as well as developments in manufacturing methods, materials, and tracking algorithms. The growing need for high efficiency tracking systems in utility projects to maximise energy output and optimise project economics will further enhance industry statistics.
By Technology, Insights:
Based on technology, the PV solar tracker market is expected to expand at the quickest rate through 2034. Modular and scalable designs that allow for faster installation and maintenance, as well as the integration of GPS tracking, cloud-based monitoring, and artificial intelligence (AI) algorithms, will drive industrial demand. Manufacturers are putting more attention on building sturdy tracker systems to ensure long-term performance and minimal maintenance requirements, which will supplement the business potential.
Regional Insights:
Australia dominated the solar tracker market in 2024. Features such as affordability, scalability, and performance advancements, as well as modular tracker designs that allow for customisation and flexibility to fit site-specific requirements and topographical conditions, will help to drive industry expansion. Furthermore, increased collaboration and partnerships among tracker makers, solar developers, EPC contractors, and technology providers would improve the business picture.
Market Competitive Landscape:
The majority of the market is held by Antaisolar, ArcelorMittal, Arctech Solar, Array Technologies, Inc., GameChange Solar, and Haosolar Co. Ltd. The industry environment is characterised by widespread consolidation as large manufacturers buy out smaller firms to increase their market dominance and geographic reach. Industry collaborations improve market competitiveness, expedite project development procedures, and enable the creation of integrated solutions. Stakeholder collaboration fosters innovation, enhances project economics, and speeds up the rollout of utility-scale solar projects employing solar tracking technology.
Recent Developments:
Ezon Energy Solutions P Ltd introduced the Horizontal Dual Axis Solar Trackers in May 2024. This technology will improve solar power generation efficiency by allowing panels to change orientation on horizontal axes.
In February 2024, Array Technologies launched the new Array STI H250 solar tracker systems. It has better East West tilt tolerance, fewer piles needed per tracker, and a wider North-South angle, making it ideal for tough terrains. It also supports Agri-PV for dual use.
In February 2024, Antaisolar signed a supply agreement with Larsen & Tourbo Limited for a solar tracker project in India. The single axis trackers will enhance power generation by 18. 5% to 24%, improving the company’s industry position.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Product, By Technology, By Application |
| Regions covered | Australia, China, India, Japan, South Korea, Rest of Asia-Pacific |
| Companies Covered | Antaisolar, ArcelorMittal, Arctech Solar, Array Technologies, Inc, GameChange Solar, Haosolar Co. Ltd, Nextracker Inc, PVHardware, Scorpius Trackers, SOLTEC, SunPower Corporation, Trina Solar. |
Key Topics Covered in the Report:
- Asia Pacific Solar Tracker Market Size (FY’2021-FY’2034)
- Overview of Asia Pacific Solar Tracker Market
- Segmentation of Asia Pacific Solar Tracker Market By Product (Single Axis, Dual Axis)
- Segmentation of Asia Pacific Solar Tracker Market By Technology (PV, CSP)
- Segmentation of Asia Pacific Solar Tracker Market By Application (Residential, Commercial & Industrial, Utility)
- Statistical Snap of Asia Pacific Solar Tracker Market
- Expansion Analysis of Asia Pacific Solar Tracker Market
- Problems and Obstacles in Asia Pacific Solar Tracker Market
- Competitive Landscape in the Asia Pacific Solar Tracker Market
- Details on Current Investment in Asia Pacific Solar Tracker Market
- Competitive Analysis of Asia Pacific Solar Tracker Market
- Prominent Players in the Asia Pacific Solar Tracker Market
- SWOT Analysis of Asia Pacific Solar Tracker Market
- Asia Pacific Solar Tracker Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER’s internal database
- 2.1.4. Premium insight from KOL’s
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2.Res traints
- 4.1.3. Opportunities
- 4.1.4. Challenges
5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTER’s Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
6. Competitive Landscape
- 6.1. Asia Pacific Solar Tracker Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Asia Pacific Solar Tracker Market
7. Asia Pacific Solar Tracker Market, By Product (USD Million) 2021-2034
- 7.1. Single Axis
- 7.1.1. Horizontal
- 7.1.2. Vertical
- 7.2. Dual Axis
8. Asia Pacific Solar Tracker Market, By Technology (USD Million) 2021-2034
- 8.1. PV
- 8.2. CSP
9. Asia Pacific Solar Tracker Market, By Application (USD Million) 2021-2034
- 9.1. Residential
- 9.2. Commercial & Industrial
- 9.3. Utility
10. Asia Pacific Solar Tracker Market, (USD Million) 2021-2034
- 10.1. Asia Pacific Solar Tracker Market Size and Market Share
11. Asia Pacific Solar Tracker Market, By Region, (USD Million) 2021-2034
- 11.1. Australia
- 11.2. China
- 11.3. India
- 11.4. Japan
- 11.5. South Korea
- 11.6. Rest of Asia-Pacific
12. Company Profile
- 12.1. Antaisolar
- 12.1.1. Company details
- 12.1.2. Financial outlook
- 12.1.3. Product summary
- 12.1.4. Recent developments
- 12.2. ArcelorMittal
- 12.2.1. Company details
- 12.2.2. Financial outlook
- 12.2.3. Product summary
- 12.2.4. Recent developments
- 12.3. Arctech Solar
- 12.3.1. Company details
- 12.3.2. Financial outlook
- 12.3.3. Product summary
- 12.3.4. Recent developments
- 12.4. Array Technologies, Inc
- 12.4.1. Company details
- 12.4.2. Financial outlook
- 12.4.3. Product summary
- 12.4.4. Recent developments
- 12.5. GameChange Solar
- 12.5.1. Company details
- 12.5.2. Financial outlook
- 12.5.3. Product summary
- 12.5.4. Recent developments
- 12.6. Haosolar Co. Ltd
- 12.6.1. Company details
- 12.6.2. Financial outlook
- 12.6.3. Product summary
- 12.6.4. Recent developments
- 12.7. Nextracker Inc
- 12.7.1. Company details
- 12.7.2. Financial outlook
- 12.7.3. Product summary
- 12.7.4. Recent developments
- 12.8. PVHardware
- 12.8.1. Company details
- 12.8.2. Financial outlook
- 12.8.3. Product summary
- 12.8.4. Recent developments
- 12.9. Scorpius Trackers
- 12.9.1. Company details
- 12.9.2. Financial outlook
- 12.9.3. Product summary
- 12.9.4. Recent developments
- 12.10. SOLTEC
- 12.10.1. Company details
- 12.10.2. Financial outlook
- 12.10.3. Product summary
- 12.10.4. Recent developments
- 12.11. SunPower Corporation
- 12.11.1. Company details
- 12.11.2. Financial outlook
- 12.11.3. Product summary
- 12.11.4. Recent developments
- 12.12. Trina Solar
- 12.12.1. Company details
- 12.12.2. Financial outlook
- 12.12.3. Product summary
- 12.12.4. Recent developments
- 12.13. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Asia Pacific Solar Tracker Market is projected to reach USD 49.99 billion by 2034, growing at a CAGR of of 4.08% during the forecast period.
Asia Pacific Solar Tracker Market grew in Market size from 2025. The Market is expected to reach USD 49.99 billion by 2034, at a CAGR of 4.08% during the forecast period.
Asia Pacific Solar Tracker Market CAGR of 4.08% during the forecast period.
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Asia Pacific Solar Tracker Market size is USD 49.99 billion from 2025 to 2034.
Asia Pacific Solar Tracker Market is covered By Technology, By Application
The Australia, China, India, Japan, South Korea, Rest of Asia-Pacific is the highest Market share in the Asia Pacific Solar Tracker Market
Antaisolar, ArcelorMittal, Arctech Solar, Array Technologies, Inc, GameChange Solar, Haosolar Co. Ltd, Nextracker Inc, PVHardware, Scorpius Trackers, SOLTEC, SunPower Corporation, Trina Solar.
The report includes an in-depth analysis of the Asia Pacific Solar Tracker Market, including market size and trends, product mix, Applications, and supplier analysis.
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