Wood Mackenzie ranked NextPower as the world’s largest manufacturer of PV trackers in the first half of 2025, with companies headquartered in the United States, China and Spain occupying all the top 10 positions.
Wood Mackenzie has ranked NextPower as the world’s largest PV tracker manufacturer based on data for the first half of 2025, ahead of China’s Trina Tracker in second place and US-based Array in third. The ranking assessed 24 tracker manufacturers headquartered in five countries.
The rankings use a new score-based methodology that emphasizes shipping volume in favor of execution quality. ESG and corporate social responsibility had the highest weighting at 30%, followed by after-sales service and warranty performance at 15%, research and development at 15% and supply chain stability at 15%. Capacity utilization accounted for 10%, while third-party certifications, financial conditions and production experience each contributed 5%.
“While shipping volume remains an important indicator of market presence, our assessment shows that long-term competitiveness is defined by much more than that, including sustainability, supply chain resilience and after-sales service capabilities,” said Timothy Shen, senior research analyst at Wood Mackenzie. pv magazine. “The fact that companies like NextPower, Trina Tracker and Array Technologies top the rankings underscores how execution across multiple markets has become critical in today’s environment. The competitive landscape is tight and manufacturers must consistently follow industry best practices to maintain their leadership.”
“Additionally, almost all global tracker shipments are now delivered by manufacturers that meet the Class A thresholds. Excellence is therefore not optional; it is expected,” he continued. As pricing pressure and the complexity of regional trade continue in 2026, manufacturer differentiation will come from technological innovation, reliability and the ability to support customers in diverse markets.”
All of the top 10 manufacturers are headquartered in China, the United States or Spain, highlighting a high degree of geographic concentration. After NextPower, Trina Tracker and Array, the list includes Spain’s PV Hardware, China’s Antai, America’s GameChange, China’s Versolsolar, Spain’s Solar Steel, China’s Arctech and Spain’s Soltec.
Wood Mackenzie said the results underline an increasingly consolidated tracker market. It found that 99% of global tracker shipments are supplied by so-called Grade A manufacturers, defined as companies that meet at least five of the company’s performance criteria. The Grade A group includes suppliers headquartered in China, the United States, Spain and Germany, including NextPower, Trina Tracker, Array, PV Hardware, Solar Steel and Soltec, as well as Flexrack, Valmont, Schletter and Idematec.
The company says its purchasing priorities are shifting, with ESG performance and service quality becoming key differentiators. Six of the top 10 manufacturers have an EcoVadis Bronze rating or higher, while leading suppliers have strengthened warranty terms and after-sales support to reduce long-term asset risk. Wood Mackenzie also noted accelerated regional assembly strategies, especially among Chinese manufacturers expanding abroad to manage steel price volatility, trade policy uncertainty and logistics disruption.
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