Product Code: ETC6191534 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The broader Solar Trackers Market includes various tracking technologies used across residential, commercial, and utility-scale solar installations. The demand is driven by the need to maximize energy production, especially in large-scale projects. Technological improvements reducing costs and enhancing reliability are key market drivers.
Similar to the power generation segment, the broader solar trackers market is focusing on enhancing accuracy, durability, and automation. Hybrid systems combining tracking with bifacial panels are gaining attention. There is also increasing interest in trackers for commercial and industrial rooftop installations, expanding the market beyond large-scale solar farms.
Similar to the power generation segment, the solar trackers market deals with durability issues due to Australia harsh environmental conditions, including dust and wind loads. The initial investment cost and technical expertise required for installation and maintenance slow widespread adoption.
Beyond power generation, solar trackers are also being explored for agricultural applications like solar irrigation and greenhouse systems. Investment opportunities exist in R&D for dual-axis trackers, as well as in providing affordable and modular tracker solutions for small-scale and community-based solar projects.
Broadly, the policy environment supports the solar trackers market through incentives for utility-scale solar farms. Solar trackers are increasingly being included in grid-scale projects funded or co-funded by the government. Their inclusion is often justified by performance and yield enhancement metrics considered in funding applications to ARENA or CEFC.
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 Solar Trackers Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Solar Trackers Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Solar Trackers Market - Industry Life Cycle |
3.4 Australia Solar Trackers Market - Porter's Five Forces |
3.5 Australia Solar Trackers Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Australia Solar Trackers Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Australia Solar Trackers Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Solar Trackers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government incentives and policies promoting renewable energy adoption. |
4.2.2 Increasing awareness and concern about climate change leading to a shift towards sustainable energy sources. |
4.2.3 Technological advancements in solar tracking systems improving efficiency and output. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with installing solar tracking systems. |
4.3.2 Limited availability of suitable land for large-scale solar projects. |
4.3.3 Intermittency and variability of sunlight affecting the consistent generation of solar energy. |
5 Australia Solar Trackers Market Trends |
6 Australia Solar Trackers Market, By Types |
6.1 Australia Solar Trackers Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Australia Solar Trackers Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Australia Solar Trackers Market Revenues & Volume, By Solar PV, 2021- 2031F |
6.1.4 Australia Solar Trackers Market Revenues & Volume, By Concentrated Photovoltaic (CPV), 2021- 2031F |
6.1.5 Australia Solar Trackers Market Revenues & Volume, By Concentrated Solar Power (CSP), 2021- 2031F |
6.2 Australia Solar Trackers Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Australia Solar Trackers Market Revenues & Volume, By Single Axis, 2021- 2031F |
6.2.3 Australia Solar Trackers Market Revenues & Volume, By Dual Axis, 2021- 2031F |
6.2.4 Australia Solar Trackers Market Revenues & Volume, By Fixed Solar Systems, 2021- 2031F |
6.3 Australia Solar Trackers Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Australia Solar Trackers Market Revenues & Volume, By Utility, 2021- 2031F |
6.3.3 Australia Solar Trackers Market Revenues & Volume, By Non-utility, 2021- 2031F |
7 Australia Solar Trackers Market Import-Export Trade Statistics |
7.1 Australia Solar Trackers Market Export to Major Countries |
7.2 Australia Solar Trackers Market Imports from Major Countries |
8 Australia Solar Trackers Market Key Performance Indicators |
8.1 Capacity utilization rate: Measure of how efficiently solar trackers are utilized to capture sunlight. |
8.2 Average system efficiency: Indicates the overall performance of solar tracking systems in converting sunlight into electricity. |
8.3 Levelized Cost of Energy (LCOE): Reflects the total cost of installing and operating solar trackers per unit of electricity generated. |
8.4 Adoption rate of solar trackers in commercial and residential sectors: Shows the rate at which solar tracking systems are being integrated into different segments of the market. |
8.5 Research and development investment in solar tracking technology: Demonstrates the commitment to innovation and improvement in solar tracker efficiency and performance. |
9 Australia Solar Trackers Market - Opportunity Assessment |
9.1 Australia Solar Trackers Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Australia Solar Trackers Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Australia Solar Trackers Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Solar Trackers Market - Competitive Landscape |
10.1 Australia Solar Trackers Market Revenue Share, By Companies, 2024 |
10.2 Australia Solar Trackers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |