Arctech's Milestone in Solar Tracker Market
In a significant announcement, Arctech has risen to hold the impressive position of being the second leading player in the global solar tracker market, as highlighted by the recent 2025 Global Solar PV Tracker Market Share Report released by Wood Mackenzie, a reputable energy research company. With a remarkable
16% market share, Arctech's achievements illustrate both its competitiveness and its strategic positioning within the rapidly evolving solar energy sector.
Unprecedented Growth Rate
One of the most striking aspects of Arctech's journey is its astonishing
113% year-on-year growth rate. This exceptional rate makes Arctech the only company in the top 10 manufacturers to surpass the 100% growth threshold, showcasing its ability to outpace the industry average significantly. The rising demand for renewable energy and solar power solutions appears to be a key driver behind this success.
Strategic Market Leadership
Arctech's dominance is especially pronounced in various significant markets:
- - Middle East: The company has established itself as the leading tracker supplier in this region, capitalizing on growing investments in renewable energy projects.
- - India: Following its top position in the previous year, Arctech has maintained its leadership for two consecutive years, solidifying its influence in the Asia-Pacific region as well.
- - Emerging Markets: The presence of Arctech in Europe, Saudi Arabia, and other emerging markets continues to expand, reflecting the company's successful global expansion strategy.
In 2024, Arctech successfully shipped a staggering
17.41 GW worth of solar trackers, bolstered by an extensive production-sales-service network that spans three continents. This network comprises four service centers, six manufacturing bases, and 17 branches, enabling Arctech to offer comprehensive design-to-operation management services for its global customer base.
Innovative 'Tracker+' Strategy
Arctech has ambitious plans to further enhance its market footprint with the rollout of its
'Tracker+' strategy. This strategy aims to integrate new production facilities in locations such as Saudi Arabia and Brazil while establishing a logistics hub in Europe. Such moves represent a commitment to building a robust and globally integrated supply chain.
Besides providing a differentiated competitive advantage, this strategy has also led to the securing of multiple gigawatt-level projects across diverse regions, including India, the UAE, and Argentina. These initiatives highlight Arctech's focus on innovative research and development, along with its commitment to localized operations to maximize project success.
SNEC 2025 Exhibition
As part of its ongoing commitment to showcase its advancements, Arctech will participate in
SNEC 2025, set to take place from
June 11th to 13th. At this exhibition, visitors will be able to explore Arctech’s complete range of solutions under the
'Tracker+' and
'Green Power+' banners. This event acts as a grand platform for the company, allowing it to present its cutting-edge smart energy solutions tailored for complex energy scenarios, ultimately driving forward the global transition to renewable energy.
In conclusion, Arctech’s rise to the second position in the global solar tracker market reflects its strategic foresight, robust growth, and commitment to innovation. As the energy landscape continues to evolve, companies like Arctech pave the way for a sustainable future, making them pivotal players in the renewable energy sector.