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Solar Automatic Tracking System-Global Market Insights and Sales Trends 2025
Synopsis
Solar automatic tracking device is used to track the sun so that the main optical axis of the collector is always parallel to the sun's rays.
The global Solar Automatic Tracking System market size is expected to reach US$ 337.5 million by 2029, growing at a CAGR of 5.7% from 2023 to 2029. The market is mainly driven by the significant applications of Solar Automatic Tracking System in various end use industries. The expanding demands from the Auotomotive, Aerospace and Others,, are propelling Solar Automatic Tracking System market. Single Axis Solar Automatic Tracking System, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Dual Axis Solar Automatic Tracking System segment is estimated at % CAGR for the next seven-year period.
It is expected that global demand for photovoltaic products will remain high in the next few years. According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW. According to the data of China Photovoltaic Industry Association, the global newly installed photovoltaic capacity in 2022 is about 230 GW, and this number in 2023 is predicted to be 280-330 GW. According to the data of the Ministry of Industry and Information Technology, the total output value of China's photovoltaic industry exceeded 1.4 trillion yuan in 2022. From the perspective of production value, mainland China is still the global center of the PV industry. According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%. Among them, the production capacity of silicon wafers, solar cells, and components accounts for as high as 98%, 85% and 77%, respectively. According to the data released by the European Photovoltaic Association, 27 EU countries gained a new PV installed capacity of 41.4 GW in 2022. According to the report of the US Solar Energy Industries Association (SEIA), the US held a new PV installed capacity of less than 19 GW in 2022. But it is estimated that from 2023, the average annual growth rate of new photovoltaic installed capacity will exceed 21%. In terms of Japan, based on data from Fitch and the US Energy Information Administration (EIA), in 2022, Japan's newly installed photovoltaic capacity was 3.303 GW.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Solar Automatic Tracking System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Solar Automatic Tracking System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Solar Automatic Tracking System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Solar Automatic Tracking System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Solar Automatic Tracking System covered in this report include Abengoa Solar, AllEarth Renewables, Array Technologies, DEGERenergie, SunPower, Grupo Clavijo, Titan Tracker, SmartTrak Solar and Ercam, etc.
The global Solar Automatic Tracking System market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Abengoa Solar
AllEarth Renewables
Array Technologies
DEGERenergie
SunPower
Grupo Clavijo
Titan Tracker
SmartTrak Solar
Ercam
Mecasolar
Global Solar Automatic Tracking System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Solar Automatic Tracking System market, Segment by Type:
Single Axis Solar Automatic Tracking System
Dual Axis Solar Automatic Tracking System
Global Solar Automatic Tracking System market, by Application
Auotomotive
Aerospace
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Solar Automatic Tracking System manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Solar Automatic Tracking System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Solar automatic tracking device is used to track the sun so that the main optical axis of the collector is always parallel to the sun's rays.
The global Solar Automatic Tracking System market size is expected to reach US$ 337.5 million by 2029, growing at a CAGR of 5.7% from 2023 to 2029. The market is mainly driven by the significant applications of Solar Automatic Tracking System in various end use industries. The expanding demands from the Auotomotive, Aerospace and Others,, are propelling Solar Automatic Tracking System market. Single Axis Solar Automatic Tracking System, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Dual Axis Solar Automatic Tracking System segment is estimated at % CAGR for the next seven-year period.
It is expected that global demand for photovoltaic products will remain high in the next few years. According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW. According to the data of China Photovoltaic Industry Association, the global newly installed photovoltaic capacity in 2022 is about 230 GW, and this number in 2023 is predicted to be 280-330 GW. According to the data of the Ministry of Industry and Information Technology, the total output value of China's photovoltaic industry exceeded 1.4 trillion yuan in 2022. From the perspective of production value, mainland China is still the global center of the PV industry. According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%. Among them, the production capacity of silicon wafers, solar cells, and components accounts for as high as 98%, 85% and 77%, respectively. According to the data released by the European Photovoltaic Association, 27 EU countries gained a new PV installed capacity of 41.4 GW in 2022. According to the report of the US Solar Energy Industries Association (SEIA), the US held a new PV installed capacity of less than 19 GW in 2022. But it is estimated that from 2023, the average annual growth rate of new photovoltaic installed capacity will exceed 21%. In terms of Japan, based on data from Fitch and the US Energy Information Administration (EIA), in 2022, Japan's newly installed photovoltaic capacity was 3.303 GW.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Solar Automatic Tracking System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Solar Automatic Tracking System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Solar Automatic Tracking System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Solar Automatic Tracking System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Solar Automatic Tracking System covered in this report include Abengoa Solar, AllEarth Renewables, Array Technologies, DEGERenergie, SunPower, Grupo Clavijo, Titan Tracker, SmartTrak Solar and Ercam, etc.
The global Solar Automatic Tracking System market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Abengoa Solar
AllEarth Renewables
Array Technologies
DEGERenergie
SunPower
Grupo Clavijo
Titan Tracker
SmartTrak Solar
Ercam
Mecasolar
Global Solar Automatic Tracking System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Solar Automatic Tracking System market, Segment by Type:
Single Axis Solar Automatic Tracking System
Dual Axis Solar Automatic Tracking System
Global Solar Automatic Tracking System market, by Application
Auotomotive
Aerospace
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Solar Automatic Tracking System manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Solar Automatic Tracking System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Solar Automatic Tracking System Market Overview
1.1 Solar Automatic Tracking System Product Overview
1.2 Solar Automatic Tracking System Market Segment by Type
1.2.1 Single Axis Solar Automatic Tracking System
1.2.2 Dual Axis Solar Automatic Tracking System
1.3 Global Solar Automatic Tracking System Market Size by Type
1.3.1 Global Solar Automatic Tracking System Market Size Overview by Type (2018-2029)
1.3.2 Global Solar Automatic Tracking System Historic Market Size Review by Type (2018-2023)
1.3.3 Global Solar Automatic Tracking System Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Solar Automatic Tracking System Sales Breakdown by Type (2018-2023)
1.4.2 Europe Solar Automatic Tracking System Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Solar Automatic Tracking System Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Solar Automatic Tracking System Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Solar Automatic Tracking System Sales Breakdown by Type (2018-2023)
2 Global Solar Automatic Tracking System Market Competition by Company
2.1 Global Top Players by Solar Automatic Tracking System Sales (2018-2023)
2.2 Global Top Players by Solar Automatic Tracking System Revenue (2018-2023)
2.3 Global Top Players by Solar Automatic Tracking System Price (2018-2023)
2.4 Global Top Manufacturers Solar Automatic Tracking System Manufacturing Base Distribution, Sales Area, Product Type
2.5 Solar Automatic Tracking System Market Competitive Situation and Trends
2.5.1 Solar Automatic Tracking System Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Solar Automatic Tracking System Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Solar Automatic Tracking System as of 2022)
2.7 Date of Key Manufacturers Enter into Solar Automatic Tracking System Market
2.8 Key Manufacturers Solar Automatic Tracking System Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Solar Automatic Tracking System Status and Outlook by Region
3.1 Global Solar Automatic Tracking System Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Solar Automatic Tracking System Historic Market Size by Region
3.2.1 Global Solar Automatic Tracking System Sales in Volume by Region (2018-2023)
3.2.2 Global Solar Automatic Tracking System Sales in Value by Region (2018-2023)
3.2.3 Global Solar Automatic Tracking System Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Solar Automatic Tracking System Forecasted Market Size by Region
3.3.1 Global Solar Automatic Tracking System Sales in Volume by Region (2024-2029)
3.3.2 Global Solar Automatic Tracking System Sales in Value by Region (2024-2029)
3.3.3 Global Solar Automatic Tracking System Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Solar Automatic Tracking System by Application
4.1 Solar Automatic Tracking System Market Segment by Application
4.1.1 Auotomotive
4.1.2 Aerospace
4.1.3 Others
4.2 Global Solar Automatic Tracking System Market Size by Application
4.2.1 Global Solar Automatic Tracking System Market Size Overview by Application (2018-2029)
4.2.2 Global Solar Automatic Tracking System Historic Market Size Review by Application (2018-2023)
4.2.3 Global Solar Automatic Tracking System Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Solar Automatic Tracking System Sales Breakdown by Application (2018-2023)
4.3.2 Europe Solar Automatic Tracking System Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Solar Automatic Tracking System Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Solar Automatic Tracking System Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Solar Automatic Tracking System Sales Breakdown by Application (2018-2023)
5 North America Solar Automatic Tracking System by Country
5.1 North America Solar Automatic Tracking System Historic Market Size by Country
5.1.1 North America Solar Automatic Tracking System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Solar Automatic Tracking System Sales in Volume by Country (2018-2023)
5.1.3 North America Solar Automatic Tracking System Sales in Value by Country (2018-2023)
5.2 North America Solar Automatic Tracking System Forecasted Market Size by Country
5.2.1 North America Solar Automatic Tracking System Sales in Volume by Country (2024-2029)
5.2.2 North America Solar Automatic Tracking System Sales in Value by Country (2024-2029)
6 Europe Solar Automatic Tracking System by Country
6.1 Europe Solar Automatic Tracking System Historic Market Size by Country
6.1.1 Europe Solar Automatic Tracking System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Solar Automatic Tracking System Sales in Volume by Country (2018-2023)
6.1.3 Europe Solar Automatic Tracking System Sales in Value by Country (2018-2023)
6.2 Europe Solar Automatic Tracking System Forecasted Market Size by Country
6.2.1 Europe Solar Automatic Tracking System Sales in Volume by Country (2024-2029)
6.2.2 Europe Solar Automatic Tracking System Sales in Value by Country (2024-2029)
7 Asia-Pacific Solar Automatic Tracking System by Region
7.1 Asia-Pacific Solar Automatic Tracking System Historic Market Size by Region
7.1.1 Asia-Pacific Solar Automatic Tracking System Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Solar Automatic Tracking System Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Solar Automatic Tracking System Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Solar Automatic Tracking System Forecasted Market Size by Region
7.2.1 Asia-Pacific Solar Automatic Tracking System Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Solar Automatic Tracking System Sales in Value by Region (2024-2029)
8 Latin America Solar Automatic Tracking System by Country
8.1 Latin America Solar Automatic Tracking System Historic Market Size by Country
8.1.1 Latin America Solar Automatic Tracking System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Solar Automatic Tracking System Sales in Volume by Country (2018-2023)
8.1.3 Latin America Solar Automatic Tracking System Sales in Value by Country (2018-2023)
8.2 Latin America Solar Automatic Tracking System Forecasted Market Size by Country
8.2.1 Latin America Solar Automatic Tracking System Sales in Volume by Country (2024-2029)
8.2.2 Latin America Solar Automatic Tracking System Sales in Value by Country (2024-2029)
9 Middle East and Africa Solar Automatic Tracking System by Country
9.1 Middle East and Africa Solar Automatic Tracking System Historic Market Size by Country
9.1.1 Middle East and Africa Solar Automatic Tracking System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Solar Automatic Tracking System Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Solar Automatic Tracking System Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Solar Automatic Tracking System Forecasted Market Size by Country
9.2.1 Middle East and Africa Solar Automatic Tracking System Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Solar Automatic Tracking System Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Abengoa Solar
10.1.1 Abengoa Solar Company Information
10.1.2 Abengoa Solar Introduction and Business Overview
10.1.3 Abengoa Solar Solar Automatic Tracking System Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Abengoa Solar Solar Automatic Tracking System Products Offered
10.1.5 Abengoa Solar Recent Development
10.2 AllEarth Renewables
10.2.1 AllEarth Renewables Company Information
10.2.2 AllEarth Renewables Introduction and Business Overview
10.2.3 AllEarth Renewables Solar Automatic Tracking System Sales, Revenue and Gross Margin (2018-2023)
10.2.4 AllEarth Renewables Solar Automatic Tracking System Products Offered
10.2.5 AllEarth Renewables Recent Development
10.3 Array Technologies
10.3.1 Array Technologies Company Information
10.3.2 Array Technologies Introduction and Business Overview
10.3.3 Array Technologies Solar Automatic Tracking System Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Array Technologies Solar Automatic Tracking System Products Offered
10.3.5 Array Technologies Recent Development
10.4 DEGERenergie
10.4.1 DEGERenergie Company Information
10.4.2 DEGERenergie Introduction and Business Overview
10.4.3 DEGERenergie Solar Automatic Tracking System Sales, Revenue and Gross Margin (2018-2023)
10.4.4 DEGERenergie Solar Automatic Tracking System Products Offered
10.4.5 DEGERenergie Recent Development
10.5 SunPower
10.5.1 SunPower Company Information
10.5.2 SunPower Introduction and Business Overview
10.5.3 SunPower Solar Automatic Tracking System Sales, Revenue and Gross Margin (2018-2023)
10.5.4 SunPower Solar Automatic Tracking System Products Offered
10.5.5 SunPower Recent Development
10.6 Grupo Clavijo
10.6.1 Grupo Clavijo Company Information
10.6.2 Grupo Clavijo Introduction and Business Overview
10.6.3 Grupo Clavijo Solar Automatic Tracking System Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Grupo Clavijo Solar Automatic Tracking System Products Offered
10.6.5 Grupo Clavijo Recent Development
10.7 Titan Tracker
10.7.1 Titan Tracker Company Information
10.7.2 Titan Tracker Introduction and Business Overview
10.7.3 Titan Tracker Solar Automatic Tracking System Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Titan Tracker Solar Automatic Tracking System Products Offered
10.7.5 Titan Tracker Recent Development
10.8 SmartTrak Solar
10.8.1 SmartTrak Solar Company Information
10.8.2 SmartTrak Solar Introduction and Business Overview
10.8.3 SmartTrak Solar Solar Automatic Tracking System Sales, Revenue and Gross Margin (2018-2023)
10.8.4 SmartTrak Solar Solar Automatic Tracking System Products Offered
10.8.5 SmartTrak Solar Recent Development
10.9 Ercam
10.9.1 Ercam Company Information
10.9.2 Ercam Introduction and Business Overview
10.9.3 Ercam Solar Automatic Tracking System Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Ercam Solar Automatic Tracking System Products Offered
10.9.5 Ercam Recent Development
10.10 Mecasolar
10.10.1 Mecasolar Company Information
10.10.2 Mecasolar Introduction and Business Overview
10.10.3 Mecasolar Solar Automatic Tracking System Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Mecasolar Solar Automatic Tracking System Products Offered
10.10.5 Mecasolar Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Solar Automatic Tracking System Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Solar Automatic Tracking System Industrial Chain Analysis
11.4 Solar Automatic Tracking System Market Dynamics
11.4.1 Solar Automatic Tracking System Industry Trends
11.4.2 Solar Automatic Tracking System Market Drivers
11.4.3 Solar Automatic Tracking System Market Challenges
11.4.4 Solar Automatic Tracking System Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Solar Automatic Tracking System Distributors
12.3 Solar Automatic Tracking System Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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