Several participating suppliers report strong regional positions, particularly across Europe and Latin America, two of the most established tracker markets.
Tracker manufacturers are expanding geographically, targeting growth markets such as Italy, Brazil, Southeast Asia, Africa, and the US
The survey includes suppliers with different technologies, project scales, and market strategies
The TaiyangNews Market Survey also includes several tracker manufacturers participating in this edition. These companies operate across different regional markets and business segments. In the previous section, we introduced a few companies; here we discuss the expanded list of survey participants (see Market Positioning Of Leading Solar Tracker Suppliers).
Axial Structural Solutions is a long-standing tracker supplier with a strong presence across Europe and Latin America. The company is particularly active in Italy and Spain, 2 of the most mature tracker markets in Europe. Italy is currently experiencing rapid growth, with several new international developers entering the market.
Axial holds the largest tracker market share in Italy, estimated at 33% to 36%, making it the leading supplier in the country, according to Rodolfo Sejas, Business Development Specialist at Axial Structural Solutions. However, Spain remains a major European market for Axial, although activity slowed temporarily last year due to political uncertainty. Outside Europe, Axial claims it has established itself as one of the top 3 tracker suppliers in Brazil, and that, across the broader Latin American region, Brazil has become a strategic focus area for the company. Sejas added that Axial also has projects in Chile, Mexico, Portugal, and Romania, although activity levels in these markets remain lower than in Italy, Spain, and Brazil.
Axial shipped 4.4 GW of trackers globally in 2024, including those projects currently under construction. For 2025, the company aims to reach about 7 GW, supported by the establishment of a new factory and a new headquarters focused on serving the US market.
Soltec is a global tracker supplier with more than 20 GW of solar trackers installed across 19 countries. This installed base is concentrated in its traditional markets of Spain, Latin America, and the US. The company has also supplied its trackers to projects in other parts of Europe and selected regions such as North Africa and Australia. The company has previously ranked among the world’s top 3 tracker manufacturers.
After a period of internal restructuring, including a management shakeout and a new majority shareholder, ‘new Soltec’ is relaunching the business, according to San Andrés. For now, Soltec’s commercial focus remains on its established markets in Europe and the Americas. It shipped 3.2 GW of solar trackers in 2024, which the company still considers solid given its internal restructuring during the year. For 2025, Soltec expects shipment volumes to be slightly lower, with final figures to be confirmed toward the end of the year.
Part of the large Spanish industrial conglomerate Gonvarri, Gonvarri Solar Steel (Solar Steel) supplies total mounting solutions, including trackers and fixed-tilt systems. For trackers, the company reports maintaining a strong position in the European market for 2 consecutive years, consistently ranking as the region’s second-largest tracker supplier. With project activity slowing in Spain, the company has shifted its focus to other European markets. It identifies Italy as the natural successor, where it is now seeing growth at volumes comparable to its earlier activity in Spain. However, projects in Italy tend to be smaller, more complex, and slightly more expensive. In Latin America, Solar Steel has been active since around 2012, supplying systems to Chile and Peru, the latter being one of its strongest markets globally, where it claims absolute market leadership. The Company also remains active in the US, where it has a long history spanning more than 12 years. It previously operated a dedicated manufacturing plant from 2012 to 2020 and, after a strategic pause, re-entered the US market in 2023. The company further underscores that the US tracker market remains dominated by American suppliers, who collectively hold more than 90% of the market. Even then, Solar Steel sees room for non-US players in mid-scale and select utility projects. “We are close to signing new contracts,” says Dharma Martín Villarejo, Deputy General Manager at Gonvarri Solar Steel. The company also expects to resume operations in India. He noted that the company had been active in the country for more than 15 years, and believes that the market’s rapid growth makes this the right time to make a comeback.
Solar Steel has supplied more than 28 GW of mounting and tracking systems cumulatively across global markets. In 2024, the company delivered 4.6 GW of solar tracker systems – a figure that excludes its fixed-structure business.
ASUN is an India-based startup that has developed a proprietary technology. The company, in consultation with IIT Delhi, has identified key shortcomings of typical HSAT trackers at latitudes above the Tropic of Cancer. To address these, ASUN developed a patented 2-axis tracking design to maintain optimal incidence angles throughout the day and year. The company holds patents for its technology in India, the US, Canada, Europe, and the UK, protecting its IP in about 40 countries, according to Varun Sachar, the company’s founder. ASUN claims that its tracker technology helps maintain consistent performance across a wide range of latitudes and is designed to be economically viable for utility-scale deployment. In terms of field deployment, the largest completed project to date is a 4 MW installation in Karnataka, India. The company reports an order book of 60 to 65 MW and expects to close another deal totaling 52 MW. It is currently looking for partners to expand the reach of its technology.
FTC Solar is a US-based supplier of single-axis solar tracker systems and associated control and design software for utility-scale PV projects. Founded in 2017, the company is headquartered in Austin, Texas.
In addition to tracker hardware, FTC Solar provides solar design software, portfolio management tools, and engineering services, supporting projects from concept through commissioning. The company’s primary markets include the US, Europe, Australia, and India, which also represent its main regions of commercial activity and operational presence. FTC Solar maintains sales and support operations across Australia, India, the Middle East, and Southeast Asia.
Zimmermann PV-Steel Group, headquartered in Germany, reports cumulative shipments of over 18 GW of PV mounting structures across more than 2,300 projects, based on company-provided data. The company states that its tracker business accounts for nearly 3.9 GW of the total, corresponding to approximately 300 executed tracker projects and about 90,000 trackers installed to date. Zimmermann indicates that trackers account for roughly 40% of its overall PV mounting business in revenue, alongside fixed-tilt, floating PV, and agri- PV systems. Reported tracker shipments to date are primarily concentrated in EMEA, while the company identifies Africa and Latin America as regions targeted for future shipment growth.
The text is an edited excerpt from TaiyangNews’ latest Market Survey on Solar Trackers 2026, which can be downloaded for free here.