| Product Code: ETC6191012 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The single axis solar tracker market in Australia is gaining momentum as solar energy adoption continues to expand. These trackers, which follow the sun along one axis, significantly improve the efficiency of solar panels. With strong government incentives for renewable energy and growing investments in utility-scale solar farms, demand for single axis trackers is increasing. The technologys cost-effectiveness compared to dual-axis alternatives is also supporting market growth.
The Australia single axis solar tracker market is experiencing steady growth due to increasing investment in utility-scale solar farms and government incentives for renewable energy adoption. Enhanced tracking accuracy and declining costs of components are further boosting adoption among energy developers seeking efficiency gains over fixed systems.
The Australia Single Axis Solar Tracker market faces several challenges, one of the most prominent being the high upfront costs involved in the installation and maintenance of these systems. While single-axis trackers help improve solar energy efficiency, they require significant capital investment, which can deter small to medium-sized businesses from adopting this technology. Additionally, the complexity of installation and maintenance can lead to higher operational costs over time. Moreover, the market is affected by the limited availability of skilled labor to handle installation and servicing, which can delay the adoption of solar trackers. Furthermore, there is a need for more robust government incentives and policy support to boost the long-term viability of solar tracking systems.
Australias push towards renewable energy makes the single axis solar tracker market an attractive segment for investment. As utility-scale solar farms become increasingly common, demand is growing for trackers that optimize solar panel output by following the sun`s movement. Investors can benefit from government incentives, growing adoption of solar infrastructure in remote and mining communities, and export opportunities to Pacific nations.
The Australian government has been proactive in encouraging renewable energy adoption through policies like the Renewable Energy Target (RET) and Clean Energy Finance Corporation (CEFC) funding. These initiatives have led to increased demand for solar technologies, including single axis solar trackers. The government also provides support through rebates, tax incentives, and solar farm approvals which indirectly benefit this market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Single-Axis Solar Tracker Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Single-Axis Solar Tracker Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Single-Axis Solar Tracker Market - Industry Life Cycle |
3.4 Australia Single-Axis Solar Tracker Market - Porter's Five Forces |
3.5 Australia Single-Axis Solar Tracker Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Australia Single-Axis Solar Tracker Market Revenues & Volume Share, By Axis Rotation, 2021 & 2031F |
3.7 Australia Single-Axis Solar Tracker Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Single-Axis Solar Tracker Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for renewable energy sources in Australia |
4.2.2 Government incentives and policies promoting solar energy adoption |
4.2.3 Growing awareness about the benefits of single-axis solar trackers |
4.3 Market Restraints |
4.3.1 High initial investment costs for single-axis solar tracker systems |
4.3.2 Intermittent nature of solar energy generation |
4.3.3 Competition from other renewable energy sources like wind and hydro power |
5 Australia Single-Axis Solar Tracker Market Trends |
6 Australia Single-Axis Solar Tracker Market, By Types |
6.1 Australia Single-Axis Solar Tracker Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Single-Axis Solar Tracker Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Australia Single-Axis Solar Tracker Market Revenues & Volume, By Photovoltaic (PV) Trackers, 2021- 2031F |
6.1.4 Australia Single-Axis Solar Tracker Market Revenues & Volume, By Concentrated Solar Power (CSP) Trackers, 2021- 2031F |
6.2 Australia Single-Axis Solar Tracker Market, By Axis Rotation |
6.2.1 Overview and Analysis |
6.2.2 Australia Single-Axis Solar Tracker Market Revenues & Volume, By Horizontal Single-Axis Trackers, 2021- 2031F |
6.2.3 Australia Single-Axis Solar Tracker Market Revenues & Volume, By Vertical Single-Axis Trackers, 2021- 2031F |
6.3 Australia Single-Axis Solar Tracker Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Australia Single-Axis Solar Tracker Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.3 Australia Single-Axis Solar Tracker Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.4 Australia Single-Axis Solar Tracker Market Revenues & Volume, By Utility-Scale, 2021- 2031F |
7 Australia Single-Axis Solar Tracker Market Import-Export Trade Statistics |
7.1 Australia Single-Axis Solar Tracker Market Export to Major Countries |
7.2 Australia Single-Axis Solar Tracker Market Imports from Major Countries |
8 Australia Single-Axis Solar Tracker Market Key Performance Indicators |
8.1 Average annual solar irradiance levels in key regions of Australia |
8.2 Number of new installations of single-axis solar trackers |
8.3 Efficiency improvements in single-axis solar tracker technology |
8.4 Adoption rate of solar energy in residential and commercial sectors |
8.5 Average return on investment for single-axis solar tracker installations |
9 Australia Single-Axis Solar Tracker Market - Opportunity Assessment |
9.1 Australia Single-Axis Solar Tracker Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Australia Single-Axis Solar Tracker Market Opportunity Assessment, By Axis Rotation, 2021 & 2031F |
9.3 Australia Single-Axis Solar Tracker Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Single-Axis Solar Tracker Market - Competitive Landscape |
10.1 Australia Single-Axis Solar Tracker Market Revenue Share, By Companies, 2024 |
10.2 Australia Single-Axis Solar Tracker Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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