Image

Global Solar Tracker Market – Industry Trends and Forecast to 2028

Chemical and Materials

Image

Global Solar Tracker Market – Industry Trends and Forecast to 2028

  • Chemical and Materials
  • Upcoming Report
  • Feb 2021
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Solar Tracker Market, By  Technology (Solar Photovoltaic (PV), Concentrated Photovoltaic (CPV), Concentrated Solar Power (CSP)), Product Type (Single Axis, Dual Axis), Application (Utility, Non-Utility, Others), End User (Residential, Commercial, Utility), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

Solar Tracker Market Market Analysis and Insights : Global Solar Tracker Market

Solar tracker market size is expected to grow at a compound annual growth rate of 33.10% for the forecast period of 2021 to 2028.  Data Bridge Market Research report on solar tracker market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.

Solar tracker is used to direct the solar panel towards the sunlight constantly by changing the direction of the panel parallel to changing the position of the sun. This helps the solar panels to confine the utmost of the sun’s energy all through the day and increase its power output ratio.

The rising numbers of government incentives to support the value and use of solar panels has highly influenced growth of the solar tracker market. In line with this, the increasing focus on utility scale projects along with stringent clean energy targets and growing off grid electricity demand are also acting as a key determinant favoring the growth of the solar tracker market over the forecast period of 2021 to 2028. Also the, growing demand for energy, increasing environmental concerns and growing awareness associated with the depleting fossil fuel around the world are also positively impacting the growth of the solar tracker market. The major factor accountable for the growth of the market is the decreasing wind and solar component cost. Beside this, the growing concern over energy conservation and transition from nonrenewable energy to renewable energy is also flourishing the growth of the solar tracker market. However, the lack of required infrastructure and lack of awareness  may act as key restraint towards solar tracker market growth rate in the forecast period of 2021 to 2028, whereas the high initial and installation cost have the potential to challenge the growth of the solar tracker market in the above mentioned forecast period.

Furthermore, the constant product innovation in solar technology as well as the increasing adoption of IoT and artificial intelligence will further offer a variety of growth opportunities for the solar tracker market in the above mentioned forecast period.

This solar tracker market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on solar tracker market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Solar Tracker Market Scope and Market Size

Solar tracker market is segmented on the basis of technology, product type, application and end users. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.

  • On the basis of technology, the solar tracker market is segmented into solar photovoltaic (PV), concentrated photovoltaic (CPV) and concentrated solar power (CSP).
  • On the basis of product type, the solar tracker market is segmented into single axis and dual axis. Single axis is further segmented into horizontal and vertical.
  • Based on application, the solar tracker market is segmented into utility, non-utility and others.
  • The end users segment for solar tracker market is segmented into residential, commercial and utility.

Solar Tracker Market Country Level Analysis

Solar tracker market is analyzed and market size, volume information is provided by country, technology, product type, application and end users as referenced above.

The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America leads the solar tracker market because of the growing emphasis on renewable energy along with the rising R&D programs and stringent regulations for regulating environmental emissions in this particular region. Middle East and Africa is expected to expand at a significant growth of the over the forecast of 2021 to 2028 due to high potential and rapid increase in investments in the projects within this particular region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Solar Tracker Market Share Analysis

Solar tracker market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to solar tracker market.

The major players covered in the solar tracker market report are Nextracker Inc., Array Technologies, Inc., Abengoa, Powerway Renewable Energy Co., Ltd., Trina Solar, Haosolar Co. Ltd, Soltec, Scorpius Trackers, AllEarth Renewables, DEGERENERGIE GMBH & CO. KG, Arctech, First Solar, Convert Italia, PVHardware, SunPower Corporation, MECASOLAR, STI Norland, GameChange Solar, Gonvarri Industries, ArcelorMittal and Ideematec among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Get online access to the report on the World's First Market Intelligence Cloud

  • Interactive Data Analysis Dashboard
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
  • Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Request for Demo
Free Sample Report

CHOOSE LICENCE TYPE

  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials