Solar Tracker Market worth $22.87 billion by 2029 | MarketsandMarkets™ - 0 views
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Almira Coyne on 02 May 25The global Solar Tracker Market is anticipated to grow from estimated USD 10.32 billion in 2024 to USD 22.87 billion by 2029, at a CAGR of 17.3% during the forecast period. The Solar Tracker Market is witnessing significant growth driven by the global transition to sustainable energy and the need to boost solar power generation efficiency. The rapid scaling of solar energy infrastructure, particularly in grid-tied utility-scale projects, drives the demand for advanced solar tracking systems. These trackers enhance energy capture by optimizing panel orientation relative to solar incidence angles. Contributing factors to this trend include increasing land-use efficiency