Middle East and Africa Solar Tracker Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Middle East and African Solar Tracker Market is Segmented by Axis Type (Single Axis and Dual Axis) and Geography (United Arab Emirates, Saudi Arabia, South Africa, and Rest of Middle East and Africa). The report offers the market sizes and forecasts in terms of value (USD billion) for all the above segments.

Middle East and Africa Solar Tracker Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

MEA Solar Tracker Market Size

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Middle-East and Africa Solar Tracker Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2020 - 2023
CAGR 18.36 %
Market Concentration Medium

Major Players

Middle East and Africa Solar Tracker Market Major Players

*Disclaimer: Major Players sorted in no particular order

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MEA Solar Tracker Market Analysis

The Middle East and Africa Solar Tracker Market is expected to register a CAGR of 18.36% during the forecast period.

The COVID-19 pandemic did not have any major effect on the solar tracker market in the region. Presently, the market has reached pre-pandemic levels.

  • Over the long term, the solar tracker market in the Middle East and African region is expected to have remarkable progress due to the availability of highly sun-drenched regions for solar projects, low labor costs, and availability of cheap and sunny desert land for utility-scale solar projects.
  • On the other hand, the aggressive competition from other renewable energy sources, like hydrogen and wind, is expected to challenge the market's growth in the near future.
  • Nevertheless, as solar trackers increase the solar power generating capacity of solar panels, they are recommended for utility-scale solar power projects. Thus, the growing focus of the region on utility-scale solar projects results in ample opportunities for the market.
  • The market in Saudi Arabia is expected to grow at a faster rate due to the government's efforts to expand the solar power share and the interest from private investors.

MEA Solar Tracker Industry Overview

The Middle East and African solar tracker market is moderately fragmented. Some of the key players in the market (in no particular order) include NexTracker Inc., PV Hardware, Soltec Power Holding SA, Netshield South Africa, and PowerWay Renewable Energy Co Ltd.

MEA Solar Tracker Market Leaders

  1. NexTracker Inc.

  2. PV Hardware

  3. Soltec Power Holding SA

  4. NetShield South Africa

  5. PowerWay Renewable Energy Co Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
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MEA Solar Tracker Market News

  • March 2022: NexTracker Inc. bagged a contract to supply smart solar trackers for a large solar project in Saudi Arabia, the Sudair Solar PV project. The 450 MW solar project is expected to power around 185,000 homes and reduce carbon emissions in the country by 2.9 tons annually.

MEA Solar Tracker Market Report - Table of Contents

1. INTRODUCTION

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

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD billion, 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 Supply Chain Analysis
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitute Products and Services
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 By Axis Type
    • 5.1.1 Single Axis
    • 5.1.2 Dual Axis
  • 5.2 By Geography
    • 5.2.1 United Arab Emirates
    • 5.2.2 Saudi Arabia
    • 5.2.3 South Africa
    • 5.2.4 Rest of Middle East and Africa

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
    • 6.3.3 Soltec Power Holdings SA
    • 6.3.4 Netshield South Africa
    • 6.3.5 PowerWay Renewable Energy Co Ltd.
    • 6.3.6 Trina Solar Co Ltd.
    • 6.3.7 Caracel Engineering
    • 6.3.8 Arctech Solar Holding Co Ltd.
    • 6.3.9 Valmont Industries Inc.
    • 6.3.10 Array Technologies Inc.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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MEA Solar Tracker Industry Segmentation

Solar trackers are devices that position solar panels at an angle relative to the sun in such a way that more sunlight strikes the solar panels. Thus, more energy can be absorbed and converted into electrical power. These devices are generally used for utility-scale solar projects. The Middle East and African solar tracker market is segmented by axis type and geography. By axis type, the market is segmented into single axis and dual axis. By geography, the market is divided into the United Arab Emirates, Saudi Arabia, South Africa, and the Rest of Middle East and Africa. For each segment, the market sizing and forecasts have been done based on value (USD billion).

By Axis Type Single Axis
Dual Axis
By Geography United Arab Emirates
Saudi Arabia
South Africa
Rest of Middle East and Africa
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MEA Solar Tracker Market Research FAQs

What is the current Middle East and Africa Solar Tracker Market size?

The Middle East and Africa Solar Tracker Market is projected to register a CAGR of 18.36% during the forecast period (2025-2030)

Who are the key players in Middle East and Africa Solar Tracker Market?

NexTracker Inc., PV Hardware, Soltec Power Holding SA, NetShield South Africa and PowerWay Renewable Energy Co Ltd. are the major companies operating in the Middle East and Africa Solar Tracker Market.

What years does this Middle East and Africa Solar Tracker Market cover?

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

Middle East and Africa Solar Tracker Industry Report

Statistics for the 2025 Middle East and Africa Solar Tracker market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Middle East and Africa 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.