Recently, Wood Mackenzie released its “Global Solar PV Tracker Market Share Report 2025,” revealing that Arctech Solar’s tracker system shipments in 2024 have soared to the second position globally, with a global market share of 16%. The company also tops the market in multiple regions, including India, the Middle East, and the Asia-Pacific.
The report indicates that the global installed capacity of solar trackers witnessed significant growth in 2024, surpassing 110GW, marking an approximately 20% increase from 2023. The global tracker market is expected to maintain steady growth in the future.
Arctech Solar has grown alongside the rapidly expanding global tracker market, achieving global tracker system shipments of 17.41GW in 2024, a year-on-year increase of 127.93%. It is the only company among the top 10 tracker manufacturers in 2024 to achieve shipment growth exceeding 100%. In various regional markets, Arctech Solar’s trackers have maintained a dominant market presence in the Middle East, India, and the Asia-Pacific, securing the top spot in the Middle East market while ranking first in India and the Asia-Pacific for two consecutive years. The company has also seen its market share rise in regions such as Europe and Saudi Arabia.
