4 FAQs about Global photovoltaic bracket shipment ranking

How strong was the global PV tracker market in 2024?

The global PV tracker market saw its strongest year ever in 2024, with shipments expanding 20% to a record 111 gigawatts direct current (GWdc), according to Wood Mackenzie's ' Global solar PV tracker market share 2024 ' report.

What is the global solar PV tracker market share?

The top ten vendors accounted for 90% of the global market share, according to Wood Mackenzie's ' Global solar PV tracker market share' report 2024. For the ninth consecutive year, Nextracker and Array Technologies continued to lead the market, taking the first and second positions in the global tracker market, respectively.

What is the global solar PV supply chain worth?

In that last year, the global solar PV chain reached an industrial business value of some 104.7 billion U.S. dollars, with China dominating the market, and followed by the United States and Malaysia. Log in or register to access full data. Discover all statistics and data on Global solar PV supply chain now on statista.com!

What percentage of PV trackers are made in the US?

These three US-based manufacturers combined for more than 50% of global tracker shipments and 90% of the United States market. The United States, the largest individual market for PV trackers, experienced a 10% year-over-year (YoY) increase to over 37 GWdc of shipments in 2023.

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