, APAC
Photo by Gustavo Fring via Pexels

Global PV tracker shipments grow 28% in 2023

In Asia, China's PV tracker market fell to 4.3 GWdc.

The latest report from Wood Mackenzie showed that the global shipments for photovoltaic tracker increased by 28% in 2023 to 92 gigawatts direct current (GWdc).

In a statement, Wood Mackenzie said this is “reflecting a strong year for utility-scale solar in most regions across the world.” 

The United States, the largest individual market for PV trackers, saw a 10% year-over-year (YoY) increase to over 37 GWdc of shipments last year. This was supported by Inflation Reduction Act incentives which kickstarted construction for many new large-scale projects across the country, the report said. 

In Europe, Spain was the largest market, accounting for more than 50% of the continent’s demand. 

Meanwhile, the PV tracker market in China fell to 4.3 GWdc in 2023, despite the country exceeding 140 GWdc of utility-scale solar installations last year. 

“Instead, Chinese manufacturers experienced much higher demand for fixed-tilt products, as low installation costs were a main driver for developers in China,”  Wood Mackenzie noted. 

Follow the link for more news on

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Japan, Poland sign nuclear energy deal
Part of the agreement are information exchange and human resource development.
India's solar capacity surge 167% in 9M
It was largely driven by the commissioning of several delayed projects.