The global solar tracker market grew 19% in 2025, surpassing 134 GWdc in equipment shipments, according to Wood Mackenzie. Nextpower leads for the eleventh consecutive year with 30% global market share.
The global solar tracker market grew 19% in 2025, reaching 134 gigawatts direct current (GWdc) in equipment shipments, according to Wood Mackenzie’s Global Solar Tracker Market Share 2026 report. This volume marks a new record for the segment, driven by a strong rebound in US demand and the emergence of previously secondary regional markets. The global top 5 ranking remained unchanged for the third consecutive year: Nextpower, GameChange Energy, Arctech Solar, Array Technologies, and PV Hardware.
Nextpower, which underwent a rebrand during the year, retained the top global position for the eleventh consecutive year, according to Wood Mackenzie’s 2026 global solar tracker ranking. Its core tracker business grew to nearly 40 GWdc in global shipments, capturing 30% of the global market. The company pursued an aggressive acquisition strategy: Bentek Corporation for $78 million in May 2025 in the eBOS (electrical balance of system) segment, followed by Zigor Corp. and Apex Power for $80.5 million plus $34.5 million in earnouts in May 2026, covering inverters and power electronics. Nextpower also announced the acquisition of Prevalon Energy in the stationary storage (BESS — Battery Energy Storage Systems) segment in May 2026 for an undisclosed amount, and says it is investing an additional $50 million to relocate electronics component manufacturing to the United States by 2027.
In the US market, tracker demand rebounded more than 25% from 2024, surpassing 40 GWdc in shipments for the first time. Nextpower extended its US market share above 50%, ahead of Array Technologies and GameChange. Those three companies combined for nearly 90% of the entire US market. “Not only is the revenue-per-watt significantly higher than international averages, but the US is the epicenter for tracker innovation,
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