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Solar Tracker Market worth $22.87 billion by 2029 | MarketsandMarkets™

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DELRAY BEACH, Fla., April 30, 2025 /PRNewswire/ — The 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 mandates, declining costs of solar components, and a heightened emphasis on minimizing the levelized cost of electricity (LCOE). Furthermore, the integration of emerging digital technologies and rising electrification demands in developing regions further propels market dynamics in this sector.

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Based on Axis Type, Dual-Axis Segment

Dual-axis solar trackers are expected to record a higher CAGR during the forecast period. The growth of dual-axis solar trackers can be attributed to their capacity for precise solar tracking in both vertical and horizontal planes, which effectively maximizes solar irradiance capture and enhances energy yield throughout the day. These systems are particularly advantageous in regions characterized by high solar insolation and spatial constraints, contributing to improved overall operational efficiency. Their deployment in concentrated solar power (CSP) applications and large-scale utility projects is increasing. Moreover, the growing emphasis on optimizing energy output and minimizing the levelized cost of electricity is driving their global adoption in the renewable energy sector.

Based on Application, Non-utility Segment

Based on application, the non-utility segment is expected to register a higher CAGR in the Solar Tracker Market during the forecast period. This growth is driven by the increasing adoption of solar energy solutions by commercial, industrial, and residential users seeking energy independence and cost savings. Businesses are integrating solar trackers to maximize rooftop or ground-mounted system efficiency. Government incentives, sustainability mandates, and rising electricity prices encourage non-utility sectors to invest in solar tracking technologies. Additionally, the growing environmental awareness and the shift toward decentralized energy systems support the rapid expansion of this segment.

Asia Pacific is expected to be fastest-growing region in Solar Tracker Market

Asia Pacific is projected to be the fastest-growing region in the Solar Tracker Market, driven by the increasing adoption of solar photovoltaics, improved commercial viability and Increased investor awareness. The last decade saw a surge in solar growth, drastically increasing the global solar PV market. Initially driven by European installations, since 2012, the market has been led by the Asia-Pacific region, which accounted for 34.1% of annual additions in 2023. While Europe neglected solar PV for most of the second decade of this century, the Asia Pacific region emerged as the new undisputed leader in global solar PV deployment, driven by three of its major economies – China, India, and Japan. China largely dominates the solar tracker. Significant discrepancies between countries are also identified. While Australia was the first country to reach the 1 kW per capita mark in 2021, several nations worldwide are still lagging.

Key Players

Some major players in the Solar Tracker Market are Nextracker Inc. (US), Array Technologies Inc. (Mexico), PVHardware (Spain), Soltec (US), Trinasolar (China), ADES TEMPERO GROUP (Spain), Gamechange Solar (US), Aivatechnology (US), and ArcelorMittal (Luxembourg). The major strategies these players adopt include acquisitions, sales contracts, product launches, agreements, alliances, partnerships, and expansions.

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Nextracker Inc.

Nextracker Inc., founded in 2013 and based in Fremont, California, specializes in solar trackers and software solutions for various solar projects globally. Its advanced tracking systems include NX Horizon and NX Horizon-XTR, which are designed to optimize solar energy capture in diverse terrains. The platform features True Capture, which adjusts tracker positions based on site conditions, and NX Navigator, which manages solar projects. Nextracker has a strong global presence with regional offices and manufacturing facilities to support its customers.

Trinasolar

Trinasolar was founded in 1997 and is headquartered in Changzhou, Jiangsu Province, China. The company designs, develops, manufactures, and sells photovoltaic (PV) products, PV systems, and smart energy solutions. It distinguishes itself as the only entity in the solar photovoltaic sector with dedicated research and development as well as engineering centers located in Europe and Asia, focusing on the advancement of modules and tracking systems. The company has strategically established multiple branches across regions, including China, Asia Pacific, the Middle East and Africa, Europe, Latin America and the Caribbean, and North America. This extensive network enables the company to effectively serve diverse global clients with cutting-edge solutions and comprehensive support services.

Array Technologies Inc.

Array Technologies Inc., a leading utility-scale solar tracker technology provider, was founded in 1989 in the United States. The company engineers and manufactures ground-mounted tracking systems used worldwide in utility and distributed generation solar energy projects. Array’s flagship product is the DuraTrack HZ v3 solar tracker, which uses a patented design to allow one motor to drive multiple rows of solar panels. The company also offers other tracker systems, including the Array STI H250, Array OmniTrack, and its SmarTrack software for optimizing the performance of utility-scale solar sites.

Array Technologies Inc. serves customers globally, focusing on major solar markets in North America, South America, Europe, Asia, and Australia. The company has manufacturing facilities and operations in the United States, including its headquarters in Albuquerque, New Mexico.

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CAS Holdings Appoints Patrick McDermott as Chief Executive Officer

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Leadership Transition Positions CAS Holdings for Continued Growth and Customer-Focused Innovation

FRANKLIN, Mass., April 18, 2026 /PRNewswire/ — CAS Holdings, a leader in industrial automation distribution, engineering, and integration, is pleased to announce that Patrick McDermott has been named Chief Executive Officer.

McDermott previously served as President and Chief Revenue Officer, where he played a key role in driving growth across the organization, strengthening customer relationships, and leading teams with a clear focus on execution and results.

In his new role as CEO, McDermott will lead CAS Holdings into its next phase of growth, building on the company’s strong foundation and continued commitment to delivering value to customers, partners, and employees.

“I’m honored to step into the role of CEO at CAS Holdings,” said McDermott. “Over the past year, I’ve had the opportunity to work alongside an incredible team, support our customers, and help drive the growth of our organization. I’m excited to build on that momentum as we move into our next chapter.”

CAS Holdings, through its divisions including iAutomation and RND Automation, delivers a full spectrum of industrial automation solutions – from product distribution and technical support to custom machine building and system integration. Serving OEM machine builders and end-users, the company brings deep expertise in motion control, robotics, and vision, along with value-added capabilities such as kitting, sub-assembly, panel building, and turnkey automation systems, acting as an extension of its customers’ engineering and production teams.

McDermott’s leadership will focus on advancing CAS Holdings’ strategic initiatives, strengthening its market position, and continuing to deliver innovative automation solutions that support customers across a wide range of industries.

“We have a strong foundation, a talented team, and a clear direction. I’m looking forward to what we’ll accomplish together,” McDermott said. “Our focus remains on supporting our customers with responsive, local expertise, strong supplier partnerships, and the engineering and production capabilities they rely on to keep their operations running and growing.”

About Complete Automation Solutions Holdings

Complete Automation Solutions Holdings (CAS Holdings) is dedicated to empowering industrial automation companies, including those in the packaging industry, to achieve optimal efficiency and success. With a diverse portfolio encompassing industrial distribution, panel building and assembly, system integration, and robotics, CAS Holdings provides comprehensive packaging machines and solutions tailored to meet industry needs. The company prioritizes strong partnerships, expert engineering, and innovative solutions, ensuring sustainable practices and continuous improvement. CAS Holdings envisions a future where its transformative automation solutions redefine industry standards and drive growth. Committed to transparency and collaboration, CAS Holdings aims to be the most trusted partner in the automation sector.

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Erika Jacques
508-838-8012
http://www.iautomation.com/

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Vipboss Marks Earth Day with Renewed Commitment to Green Energy Solutions

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NEW YORK, April 18, 2026 /PRNewswire/ — As Earth Day draws global attention to environmental responsibility, Vipboss, a specialist manufacturer and developer of lithium iron phosphate (LiFePO4) battery packs for energy storage and mobility applications, is underscoring its long‑term commitment to sustainable energy practices through its Environmental Advocacy. This advocacy is devoid of ornate language; its inspiration stems from the brand’s unwavering conviction in LiFePO4 batteries as a green energy solution. To align this message with practical action, the brand is also running a themed sales campaign on its official website during April 18th to 30th. It highlights how practical product solutions, rather than abstract concepts, can support cleaner energy use in everyday life.

Across the world, energy consumption patterns are undergoing rapid change. Households, outdoor users, and light‑mobility sectors are increasingly seeking energy systems that are safe, sustainable, and low‑emission. Within this shift, LiFePO4 batteries have emerged as a preferred technology for clean‑energy applications. Their long service life, high safety profile, and absence of cobalt, which is an element associated with higher environmental and ethical risks, position them as a responsible choice in the global transition toward greener power.

LiFePO4 technology forms the foundation of Vipboss’s approach to sustainable energy. Its extended cycle life reduces the frequency of battery replacement, lowering resource consumption and easing the environmental burden associated with disposal. The material’s inherent stability also minimizes the risk of thermal runaway, offering a safer experience in homes, recreational vehicles, and public environments. In practical use cases such as home backup systems, RV travel, and golf‑course operations, LiFePO4 batteries deliver efficient storage and stable output, helping reduce reliance on fossil‑fuel‑based energy sources and supporting lower‑carbon lifestyles.

Vipboss’s environmental advocacy extends beyond the technical advantages of its products. The brand promotes responsible energy use as an integral part of sustainable living, emphasizing that product design and informed application must work together to achieve meaningful environmental outcomes. As a provider of energy solutions for home, travel, and leisure scenarios, Vipboss continues to participate in the long‑term process of green transformation through ongoing technological refinement and product evolution.

Earth Day serves as a reminder that lasting environmental impact is built through small, consistent actions. Looking ahead, Vipboss will continue advancing safer, more durable, and more efficient energy products that support individuals and families in adopting more sustainable energy habits. Through these efforts, the brand aims to contribute enduring value to the wider adoption of clean energy and the collective pursuit of a more sustainable future.

About Vipboss

Vipboss is a specialist in the lithium battery industry, focusing on the research, production, and manufacturing of lithium iron phosphate (LiFePO4) battery packs. The company is committed to advancing battery technology with an emphasis on reliable performance, safety, and extended service life. Its mission is to deliver safe, efficient, and environmentally responsible energy solutions that contribute to a cleaner, more sustainable future.

For more information, please visit: https://vipbosspower.com/.

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Pastor Dino Rizzo Marks 100 Days to Serve Day Ahead of Global Outreach Initiative

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Pastor Dino Rizzo highlighted the milestone of 100 days until Serve Day 2026, as thousands of churches prepare to serve their communities through coordinated acts of kindness on July 11.

BIRMINGHAM, Ala., April 18, 2026 /PRNewswire/ — Pastor Dino Rizzo joined church leaders and teams on April 2 to mark 100 days until Serve Day 2026, a global outreach initiative set for July 11. The milestone brings together more than 2,900 churches preparing to serve their local communities through practical acts of kindness and outreach.

Serve Day, led by many churches within the Association of Related Churches, provides a coordinated opportunity for churches worldwide to engage their cities and demonstrate their faith through service. Pastor Dino Rizzo, who serves as Executive Director of ARC, emphasized the significance of the initiative as both a single-day event and a broader movement.

“Serve Day provides churches across the world with opportunities to serve their local communities and share the love of God through practical acts of kindness,” Rizzo said. “Our hope is that serving others becomes our focus throughout the year.”

The April 2 milestone reflects growing participation and anticipation among churches globally. Leaders are currently equipping teams, organizing projects, and connecting with local communities in preparation for July. Churches that join the initiative gain access to resources, including the Serve Day playbook, monthly leadership calls, and a private online community designed to support collaboration and planning.

Pastor Dino Rizzo has long championed the role of service within the church through the Servolution movement. Introduced through his 2009 book Servolution: Starting a Church Revolution Through Serving, the concept calls churches to embed serving into their culture rather than limit it to occasional events. The message has since influenced hundreds of churches across multiple countries, including the United States, Peru, New Zealand, and Poland.

“Serving is not just about an event. It is about building a culture where meeting needs and reaching people becomes part of who we are,” Rizzo has shared in previous teachings, reinforcing the long-term vision behind initiatives like Serve Day.

In addition to leading Serve Day, Pastor Dino Rizzo continues his work with ARC, which has planted over 1200 churches and continues to train and equip new church leaders. His involvement in conferences, leadership development, and global outreach initiatives reflects a consistent focus on sustainable church growth and community impact.

Churches interested in participating in Serve Day 2026 can learn more through ARC’s official website and access resources designed to support local outreach efforts.

About Pastor Dino Rizzo

Pastor Dino Rizzo is a pastor, author, and church leader known for his emphasis on service, leadership, and healthy church culture. He serves as Executive Director of the Association of Related Churches, an organization that has helped launch hundreds of churches worldwide. Rizzo is also the author of Servolution, a book that has inspired a global movement centered on serving others as a core expression of faith.

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