India Solar Tracker Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers India Solar Tracker Companies and it is segmented by Type (Photovoltaic, Concentrated Solar Power), by Movement (Single Axis, Dual Axis), and Application (Residential, Commercial, Utility).

India Solar Tracker Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

India Solar Tracker Market Size

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India Solar Tracker Market Size
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2020 - 2023
CAGR 5.00 %
Market Concentration Medium

Major Players

India Solar Tracker Market Key Players

*Disclaimer: Major Players sorted in no particular order

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India Solar Tracker Market Analysis

The India Solar Tracker Market is expected to register a CAGR of greater than 5% during the forecast period.

  • The Photovoltaic segment is likely to dominate during the forecast period owing to larger number of upcoming projects as compared to concentrated solar power projects due to its lower cost and simplicity.
  • The Government of India has set an target to achieve 500 GW of energy through renewable sources. Solar energy being one of the cheapest source is likely to have a significant share and ultimately provide significant opportunities to the players involved in the solar tracker market in the country.
  • Increasing investment and upcomming alternative renewable energy power plants are likely to restrain the market during the forecast period.

India Solar Tracker Industry Overview

The India Solar Tracker Market is moderately consolidated. Some of the major players active in the market are NexTracker Inc., Tata Power Solar Systems Limited, Asun Trackers Pvt. Ltd., PV Hardware Solutions SLU, Arctech Solar Holding Co. Ltd,

India Solar Tracker Market Leaders

  1. Asun Trackers Pvt. Ltd.

  2. Arctech Solar Holding Co. Ltd

  3. PV Hardware Solutions SLU

  4. Tata Power Solar Systems Limited

  5. NexTracker Inc.

  6. *Disclaimer: Major Players sorted in no particular order
NexTracker Inc., Tata Power Solar Systems Limited, Asun Trackers Pvt. Ltd., PV Hardware Solutions SLU, Arctech Solar Holding Co. Ltd
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India Solar Tracker Market News

  • In April 2022, Tata Power Solar Systems commissioned India's largest single axis solar tracker system in the 300 MW Dholera Solar Power Plant. This project will generate 774 MUs annually. Along with this it will reduce approximately 704340 MT/year of carbon emissions.
  • In August 2021, GameChange Solar supplied its single-axis Genius Tracker equipment to a 394 MW PV projec set up by Tata Power in Gujarat.

India Solar Tracker Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introductio
  • 4.2 Market Size and Demand Forecast in USD million, till 2027
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.2 Restraints
  • 4.6 PESTLE Analysis

5. MARKET SEGMENTATION (QUALITATIVE ANALYSIS)

  • 5.1 Type
    • 5.1.1 Photovoltaic
    • 5.1.2 Concentrated Solar Power
  • 5.2 Movement
    • 5.2.1 Single Axis
    • 5.2.2 Dual Axis
  • 5.3 Application
    • 5.3.1 Residential
    • 5.3.2 Commercial
    • 5.3.3 Utility

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 NexTracker Inc.
    • 6.3.2 PV Hardware Solutions SLU
    • 6.3.3 Arctech Solar Holding Co. Ltd
    • 6.3.4 Trina Solar
    • 6.3.5 Valmont Industries Inc.
    • 6.3.6 Tata Power Solar Systems Limited
    • 6.3.7 GreenEra Energy India Pvt Ltd
    • 6.3.8 Asun Trackers Pvt. Ltd.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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India Solar Tracker Industry Segmentation

The India Solar Tracker Market report includes:

Type Photovoltaic
Concentrated Solar Power
Movement Single Axis
Dual Axis
Application Residential
Commercial
Utility
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India Solar Tracker Market Research FAQs

What is the current India Solar Tracker Market size?

The India Solar Tracker Market is projected to register a CAGR of greater than 5% during the forecast period (2025-2030)

Who are the key players in India Solar Tracker Market?

Asun Trackers Pvt. Ltd., Arctech Solar Holding Co. Ltd, PV Hardware Solutions SLU, Tata Power Solar Systems Limited and NexTracker Inc. are the major companies operating in the India Solar Tracker Market.

What years does this India Solar Tracker Market cover?

The report covers the India Solar Tracker Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the India Solar Tracker Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

India Solar Tracker Industry Report

Statistics for the 2025 India Solar Tracker market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. India Solar Tracker analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.