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The global solar tracker market size was valued at $162.7 billion in 2018 and will reach $379.2 billion by 2026. A solar tracker is a device meant to turn the PV panel in such a way that it continuously faces the sun, in order to maximize the radiation received by the panels.

Solar tracker installation market growth is driven by supportive policy of government that are promoting the installment of solar panels. The impact of government policy on the global solar tracker installation market is positive. These policies are motivating the installation of PV plant with tracking system. In the U.S., China, and other countries, solar investments have been motivated mainly by the renewable electricity requirement. Solar plant also get assistance from the governmental incentives such as the federal investment tax credit, which enables to cut 30% of the initial costs. Solar projects built in the Western U.S. on federal lands are benefiting by state and federal agencies that coordinate in studies and agree on investments that are related to reduce environmental impacts.