Solar Tracker Market Analysis

The solar tracker industry in South America is undergoing a transformative expansion, fueled by the region's abundant solar resources, increasing demand for sustainable energy, and a rising number of utility-scale solar projects. As solar energy becomes a cornerstone of South America's transition away from fossil fuels, solar tracking technologies devices that allow solar panels to follow the sun's path are being adopted to optimize energy generation. These systems, particularly single-axis and dual-axis trackers, enhance photovoltaic (PV) performance by increasing solar panel exposure throughout the day, significantly boosting output efficiency. This has made them highly attractive to project developers seeking to improve project returns and reduce the levelized cost of electricity (LCOE) across diverse terrains and climates in the region. One of the main drivers of the solar tracker market in South America is the region's exceptional solar irradiance, especially in countries such as Chile, Brazil, Argentina, and Peru. The Atacama Desert in northern Chile, for example, is among the sunniest places on Earth and has become a hub for large-scale solar farms equipped with advanced tracking systems. Chile’s progressive energy policies, along with its ambitious commitment to achieve carbon neutrality by 2050, have created a strong investment climate for solar energy infrastructure including trackers that maximize energy output and optimize land use. Similarly, Brazil has emerged as a leader in solar development in Latin America, with its vast interior regions offering optimal conditions for deploying solar farms that increasingly utilize single-axis tracking systems to meet growing electricity demand while reducing dependency on hydro and thermal sources. Governments across South America are playing a crucial role in accelerating the adoption of solar tracking systems by implementing favorable policies, auction schemes, and incentives aimed at encouraging renewable energy deployment.

The Brazilian government’s energy auctions, for instance, have opened the door for solar projects that prioritize efficient land and resource use, thereby favoring tracker-based systems. _x000D__x000D_According to the research report “South America Solat Tracker Market Research Report, 2030” published by Actual Market Research, the market is projected to add USD 1.58 Billion market size from 2025 to 2030.In Argentina, the RenovAr program has attracted both domestic and international investment in solar energy, many of which include tracker installations as part of their efficiency-maximizing strategies. This institutional backing has created an environment where tracking systems are not just viable but increasingly expected in large-scale solar development. Another factor boosting the adoption of trackers in South America is the growing presence of international and regional solar technology providers. Global leaders in tracker manufacturing, including companies like Nextracker, Array Technologies, and Soltec, have expanded their operations across Latin America, either through local offices or strategic partnerships. These players offer trackers designed to withstand the varied environmental conditions of South America ranging from the dry deserts of Chile to the humid tropics of northern Brazil. This localization effort, combined with competitive pricing and advancements in smart tracking algorithms, has made tracker systems more accessible and adaptable to the diverse geographies of the region. The rise of bifacial solar modules panels that capture light from both their front and rear sides has also catalyzed the growth of the tracker market. When paired with single-axis trackers, bifacial modules achieve significantly higher energy yields, a combination that is being increasingly implemented in South American solar farms. This approach is especially effective in arid regions where the ground reflectivity (albedo) is high, making it possible to generate more power per installed panel and reduce overall system costs.

The synergistic use of bifacial panels and tracking systems is emerging as a standard practice in the region’s next generation of solar developments..

Market Dynamic

Solar TrackerSegmentation

Active solar trackers are leading in the South America solar tracker market due to their ability to significantly increase energy yield in regions with high solar irradiance, particularly benefiting large-scale solar projects in countries like Brazil and Chile.

The dominance of active solar trackers in the South American solar tracker market is primarily driven by the region’s geographic and climatic advantages, coupled with the growing focus on utility-scale solar power generation. Countries like Brazil, Chile, and Argentina have vast expanses of land with consistent and intense solar irradiation, making them ideal environments for solar power generation. Active trackers equipped with motors and sensor-based systems are designed to follow the sun’s path throughout the day, which allows solar panels to remain optimally aligned with sunlight and significantly boosts energy output compared to fixed or passive systems. This increase in efficiency is crucial for large-scale solar farms where maximizing return on investment is critical. Moreover, government-backed renewable energy auctions and favorable policy frameworks in several South American countries have incentivized the deployment of high-efficiency solar technologies, making active trackers a logical and economically viable choice. The maturity of local engineering capabilities and the presence of global tracker suppliers have further enabled cost-effective adoption of these systems. As South America continues to expand its renewable energy infrastructure to meet growing electricity demands and environmental commitments, the superior performance and scalability of active trackers position them as the leading technology in the region’s solar tracker market.

Utility-scale projects are leading in the South America solar tracker market due to the region’s abundant land availability, high solar irradiance, and strong government support for large-scale renewable energy development.

In South America, utility-scale solar projects have taken the lead in the solar tracker market largely because they offer the most efficient path toward meeting national clean energy goals while capitalizing on the region’s vast and sun-rich landscapes. Countries like Brazil, Chile, and Argentina have implemented aggressive renewable energy policies, including long-term energy auctions and feed-in tariffs, that prioritize large-scale solar installations to quickly expand grid-connected renewable capacity. These projects benefit significantly from solar trackers particularly active single-axis systems that increase electricity generation by aligning panels with the sun throughout the day. Given that utility-scale farms are typically located in remote, sparsely populated areas with flat terrain and minimal land-use conflict, the deployment of ground-mounted trackers is logistically and economically advantageous. Moreover, utility-scale developments allow for greater economies of scale, reducing the per-unit cost of tracker systems and installation. International investors and developers are also attracted to these large-scale opportunities, bringing in advanced tracker technologies and construction capabilities. As South American nations aim to decarbonize their energy sectors and ensure energy security, utility-scale solar projects using advanced tracking systems stand out as the most impactful, scalable, and cost-effective solution, thereby cementing their leadership in the region’s solar tracker market.

Ground-mounted systems are leading in the South America solar tracker market due to the region’s abundant open land and the suitability of these systems for large-scale utility projects that demand optimal solar exposure and efficiency.

The prevalence of ground-mounted solar systems in the South American solar tracker market is primarily driven by the region’s geographic advantages and the nature of its rapidly expanding solar energy infrastructure. Countries such as Brazil, Chile, and Argentina possess vast, unoccupied land areas with high solar irradiance, making them ideal for the deployment of large-scale solar farms where ground-mounted systems are the most practical and efficient choice. These installations offer flexibility in tracker alignment, maintenance access, and scalability, all of which are essential for maximizing energy generation in utility-scale projects. Ground-mounted configurations also allow for the easy integration of advanced solar tracking technologies, especially single-axis and dual-axis trackers, which are essential for boosting output in regions with strong and consistent sunlight. Furthermore, ground-based systems reduce structural complexity compared to rooftop or building-integrated alternatives, lowering installation costs and simplifying long-term operation. Supportive government policies, including renewable energy auctions and public-private investment schemes, further encourage the proliferation of utility-scale projects that rely heavily on ground-mounted solar trackers. As South America accelerates its transition to renewable energy and capitalizes on its solar-rich environment, ground-mounted systems remain the foundation of choice for efficient, large-scale, tracker-equipped solar installations across the continent.

Solar Tracker Market Regional Insights

Brazil is leading in the South America solar tracker market due to its vast solar potential, favorable government policies, and significant investment in utility-scale solar projects utilizing advanced tracking technologies.

Brazil’s leadership in the South American solar tracker market is anchored in its expansive geography, high solar irradiance especially in the northeastern and central regions and a proactive governmental approach to clean energy development. The country has consistently ranked as one of the top renewable energy markets in Latin America, thanks to strong policy support including long-term energy auctions, net metering incentives, and tax benefits that attract both local and international investment. Utility-scale solar farms, which are the primary application for solar trackers, have seen rapid growth across Brazil, particularly in states like Bahia, Minas Gerais, and Piauí, where flat, sun-drenched land is plentiful and ideally suited for ground-mounted systems. Solar trackers, especially active single-axis models, are widely deployed to maximize the efficiency of these large installations, boosting energy yields and improving return on investment. Additionally, Brazil has cultivated a robust supply chain and growing domestic manufacturing base for solar components, including trackers, which further reduces costs and facilitates rapid deployment.