Press release
Solar Trackers Market for Solar PV, CPV, CSP Technology in Utility and Non Utility Applications
Solar trackers are the devices used to orient photovoltaic panels toward the sun to harness more sunlight. They enable solar modules to remain in the best position to accumulate maximum energy from the sun. These trackers are installed in residential, commercial and utility scale solar projects. Solar tracker comprises of numerous components and parts including sun tracking algorithm, control unit, positioning system, drive mechanism system, sensing devices, wind guard, tubes, and rods.
This research study analyzes the market size of solar trackers, both in terms of volume (annual installation capacity) and revenue. The solar tracker market has been segmented on the basis of technology, product, application, and geography, in order to provide a holistic picture of the market. Market data for all segments has been provided on a regional level for the period 2010 to 2020. A comprehensive competitive landscape of key companies has also been provided in this report.
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Key technologies analyzed in the report include solar photovoltaic, concentrated photovoltaic (CPV) and concentrated solar power (CSP). Solar tracker product segments estimated in this study include single axis and dual axis solar trackers. Major applications analyzed in this report include utility and non-utility. Regional data has been provided for North America (U.S. and Canada), Europe (Spain, Italy, Germany and Greece), Asia Pacific (China, India and Japan), and Latin America (Brazil and Chile).
This report also includes Porter’s five forces model analysis, value chain analysis, and market attractiveness analysis by technology. Some of the key market participants that deal in solar trackers include Abengoa Solar, AllEarth Renewables, Array Technologies, DEGERenergie, Ecosun Ltd, Energia Ercam, Mecasolar, Titan Tracker, Mechatron, SmartTrak, and Soitec. The report provides an overview of these companies followed by their financial revenue, business strategies, and recent developments.
The research provides detailed analysis of companies dealing in solar trackers, trend analysis and demand forecast by geography. Various levels of market segmentation for which estimates and forecasts have been provided are as follows:
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Solar Tracker Market: Technology Analysis
Solar PV
Concentrated Photovoltaic (CPV)
Concentrated Solar Power (CSP)
Solar Tracker Market: Product Analysis
Single Axis
Dual Axis
Solar Tracker Market: Application Analysis
Utility
Non Utility
Solar Tracker Market: Regional Analysis
North America
U.S.
Canada
Europe
Spain
Germany
Greece
Italy
Asia Pacific
China
India
Japan
Latin America
Brazil
Chile
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