Europe Solar Tracker (Single Axis And Dual Axis) Market was valued at USD 1.1 Billion in 2022 and is projected to reach USD 1.8 Billion by 2030, growing at a CAGR of 6.4% from 2024 to 2030.
The European solar tracker market has been experiencing significant growth, driven by the increasing adoption of renewable energy sources and the need for efficient solar power generation. Solar trackers, which adjust the orientation of solar panels to follow the sun's path, are categorized into single-axis and dual-axis systems. Understanding the types of solar trackers and their industrial requirements is crucial for stakeholders in the renewable energy sector.
Single-Axis Solar Trackers
Single-axis solar trackers rotate on one axis, typically moving from east to west, aligning the solar panels with the sun's daily trajectory. This design increases energy production by approximately 25-35% compared to fixed installations. The simplicity and cost-effectiveness of single-axis trackers make them a popular choice, especially in regions with high solar irradiance. In Europe, the single-axis solar tracker market was valued at USD 4.5 billion in 2023 and is anticipated to grow at a CAGR of 6.1% from 2024 to 2032. citeturn0search1
Dual-Axis Solar Trackers
Dual-axis solar trackers adjust both the horizontal and vertical angles, allowing solar panels to follow the sun's position more precisely throughout the day and across seasons. This capability can enhance energy production by up to 10% compared to single-axis systems. However, dual-axis trackers involve higher initial investments and increased maintenance complexity, factors that have limited their widespread adoption in Europe.
Industrial Requirements and Trends
Efficiency and Reliability: Industries demand solar trackers that offer high efficiency and reliability. Single-axis trackers, with their proven performance and simpler design, often meet these criteria effectively.
Cost Considerations: The higher costs associated with dual-axis trackers make single-axis systems more attractive for large-scale installations, particularly in utility-scale projects.
Technological Integration: The integration of advanced technologies, such as artificial intelligence and the Internet of Things (IoT), is becoming a significant trend. These technologies enable real-time monitoring and optimization, enhancing the performance of solar tracking systems.
Regulatory Support: European countries are setting ambitious renewable energy targets. For instance, Germany aims to achieve 100 GW of solar power and a 65% share of renewables in gross electricity consumption by 2030, driving the demand for efficient solar tracking solutions. citeturn0search2
Market Outlook
The European solar tracker market is poised for substantial growth. The market size is estimated at USD 2.68 billion in 2025 and is expected to reach USD 7.24 billion by 2030, at a CAGR of 21.96% during the forecast period. citeturn0search0 This growth is fueled by rising investments in renewable energy to reduce dependence on traditional energy imports and achieve environmental commitments. The commercialization of artificial intelligence and IoT in solar tracking systems presents significant growth opportunities for the market.
Personal Experience
In my experience working with renewable energy projects, the choice between single-axis and dual-axis solar trackers often hinges on a balance between cost, efficiency, and maintenance considerations. Clients typically prefer single-axis trackers for their cost-effectiveness and reliability, especially in large-scale installations where budget constraints are a factor. However, for projects aiming to maximize energy output in limited spaces, dual-axis trackers, despite their higher costs, have proven beneficial.
Conclusion
The European market for solar trackers is evolving rapidly, with single-axis systems currently leading due to their cost-effectiveness and adequate performance enhancements. As technology advances and integration with AI and IoT becomes more prevalent, both single-axis and dual-axis trackers are expected to see increased efficiency and adoption, aligning with Europe's ambitious renewable energy goals.
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SunPower
First Solar
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ERCAM
AllEarth Renewables
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Europe Solar Tracker (Single Axis And Dual Axis) Market
Single Axis Solar Trackers
Dual Axis Solar Trackers
Utility-Scale Solar Power Plants
Commercial Solar Installations
Residential Solar Installations
Energy Providers
Solar Developers
Residential Users
Government & Municipalities
Solar Panels
Tracking System Mechanics
Control Systems
Installation Accessories
Ground-Mounted Solar Trackers
Roof-Mounted Solar Trackers
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Europe Solar Tracker (Single Axis And Dual Axis) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Europe Solar Tracker (Single Axis And Dual Axis) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Solar Tracker (Single Axis And Dual Axis) Market, By Type
6. Europe Solar Tracker (Single Axis And Dual Axis) Market, By Application
7. Europe Solar Tracker (Single Axis And Dual Axis) Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Europe Solar Tracker (Single Axis And Dual Axis) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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