The global solar tracker market expanded 19% in 2025, surpassing 134 gigawatts direct current (GWdc) of equipment shipments, according to Wood Mackenzie's "Global solar tracker market share 2026" published this week. Nextpower retained the top global position for the eleventh straight year, capturing 30% of the market with nearly 40 GWdc of shipments. The report highlights a rebounding US domestic market and rapid growth in regions like Africa and Saudi Arabia, where tracker installations surged to meet ambitious renewable energy targets.
The rankings remained stable at the top, with Gamechange Energy, Arctech Solar, Array Technologies, and PV Hardware rounding out the top five globally—the same group as the previous two years. US domestic tracker demand rebounded by more than 25% from 2024, surpassing 40 GWdc of shipments for the first time. Nextpower extended its US market share above 50%, widening the gap over second-ranked Array Technologies and GameChange, with the three companies combining for nearly 90% of the entire US market. The European tracker market reached a new record shipment total of 25 GWdc in 2025, while Saudi Arabia surpassed Spain as the third largest tracker market globally. Africa emerged as the fastest growing region for tracker demand, with GameChange Energy capturing top performances there alongside India.
"While global tracker demand continues to grow, the domestic market remains uniquely important to these top American vendors," said Joe Shangraw, Research Analyst at Wood Mackenzie. The report notes that not only is the revenue-per-watt significantly higher in the US than international averages, but the US is "the epicenter for tracker innovation in this current era of Mergers and Acquisitions activity, smart software, and expanded product offerings." Success in the US market is described as the best tool for global expansion. The report highlights that Nextpower's core tracker business grew amid a rebrand and a flurry of acquisitions throughout 2025, while Arctech's performance was boosted by success in Saudi Arabia and Axial captured the highest market share in Europe by leveraging its agri-PV tracker in Italy and other regions.
The report's findings point to a tracker market increasingly shaped by regional innovation and market-specific strategies. The US rebound reflects both recovering project pipelines and the premium pricing American vendors can command for advanced tracker technology and software integration. Europe's record shipments stem partly from EU funding supporting dual land use projects with complex racking needs, creating opportunities for specialized products like Axial's agri-PV systems. Meanwhile, rapid buildouts in Saudi Arabia and across Africa reflect those regions' accelerating utility-scale solar deployment, where cost-effective tracking solutions boost energy yields in high-irradiance environments. The tracker industry's consolidation through M&A activity—particularly among top US vendors—suggests manufacturers are betting on vertical integration and expanded product portfolios to maintain margins as global competition intensifies and markets mature beyond straightforward hardware supply agreements.