North American PV tracker market increased by 135 percent, reaching 5.5 GW last year

ENGLEWOOD, Colo. (May 16, 2016) - The photovoltaic (PV) tracker market in North America increased by 135 percent year over year to reach 5.5 gigawatt (GW) shipments in 2015. Raising its market share by 22 percentage points over 2014, NEXTracker moved ahead of Array Technologies, becoming the leading supplier of PV trackers last year. Despite Array Technologies dropping to second place in the rankings, the company increased its market share and continued to increase unit shipments by a factor of 2.5, according to IHS Inc. (NYSE: IHS), the leading global source of critical information and insight.

"Leading module producers like First Solar and SunPower remained in the top five rankings in 2015, thanks to their large ground-mount utility-scale pipeline," said Camron Barati, North America solar analyst for IHS Technology. "SunPowers market share loss can be attributed to lumpiness of the companys utility-scale development business, which greatly affected its single-axis tracker shipments."
Because of its involvement in the large OCI Solar Power PV project in Texas, Sun Action Trackers was the only leading dual-axis tracker supplier to enter the top-five ranking in 2015. However, in response to the rapid adoption of single-axis trackers, the company also released a single-axis tracker in 2015.

PV tracker supplier market shares in North America
Shipments (MWdc)
2015 Ranking Company Ranking Change Y-o-Y
1 NEXTracker +3
2 Array Technologies -1
3 First Solar -
4 SunPower -2
5 Sun Action Trackers +1
Source: IHS © IHS 2016


While the single-axis tracker market in North America consolidated in 2015 with the top five suppliers accounting for more than 90 percent of the market, new entrants are anticipated and industry competition is forecast to intensify in 2016. SunLink, GameChange Solar, Solar Flexrack, Shoals and other leading suppliers in the fixed-tilt market launched or updated single-axis trackers last year. "Although the North American tracker market has traditionally been dominated by U.S. suppliers such as NEXTracker and Array Technologies, European suppliers including Exosun, Clavijo, Ideematec, Soltec and Optimum Tracker are also active and continuing to expand, which is adding some price pressure to the market," Barati said.

Due to this explosive growth in the North American tracker market, further mergers and acquisitions are expected in 2016 and 2017, as leading engineering, procurement and construction companies seek to become more vertically integrated, and as other balance of system and component suppliers seek to gain access to this fast-growing segment. Further adding to this growth is the extension to the U.S. investment tax credit (ITC), which gives suppliers a clear roadmap for utility-scale development with full ITC support in the United States until 2020.

For information about the IHS Solar Intelligence Service - North America, contact the sales department at IHS in the Americas at (844) 301-7334 or AmericasLeads@ihs.com; in Europe, Middle East and Africa (EMEA) at +44 1344 328 300 or technology_emea@ihs.com; or Asia-Pacific (APAC) at +604 291 3600 or technology_APAC@ihs.com.

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