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Solar Tracker Market 2018 Growth, COVID Impact, Trends Analysis Report 2023
Solar Tracker Market
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Other factors that are contributing to the market growth include growth in solar energy projects, high efficiency of solar energy and funding for the solar tracking system. Moreover, technological innovations and increasing awareness of solar energy are expected to accelerate the market growth during the forecast period. However, there are certain factors restricting the market growth comprising reducing feed-in-tariff on solar energy, lack of skilled personnel and high installation cost.
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Furthermore, the global solar trackers market is segmented on the basis of type, end-user, and technology. Based on the type, the market is classified into a single axis and dual axis tracker. Based on end-user, the market is classified into commercial, residential, industrial and others (such as government and educational institutions). Increasing demand for solar PV on commercials is creating significant demand for solar trackers among commercial segment. However, the high demand for energy in agricultural activities enables the demand for solar trackers in the agriculture segment. Based on technology, the market is classified into a PV system, concentrated solar power and concentrator photovoltaics. PV system is further segmented into monocrystalline, polycrystalline and thin-film silicon PV panels.
Market Segmentation
Global Solar Tracker Market by Type
• Single Axis Tracker
• Dual Axis Tracker
Global Solar Tracker Market by End-User
• Commercial
• Residential
• Industrial
• Others
Global Solar Tracker Market by Technology
• Photovoltaic System (PV)
• Monocrystalline Silicon PV Panels
• Polycrystalline Silicon PV Panels
• Thin-Film Silicon PV Panels
Concentrated Solar Power (CSP)
Concentrator Photovoltaics (CPV)
Competitive Landscape
• Key Company Analysis
• Key Strategy Analysis
Regional Analysis
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• RoE
Asia-Pacific
• India
• China
• South Korea
• Japan
• Rest of Asia-Pacific
Rest of the World
Company Profiles
• Abengoa Solar, S.A.
• Allearth Renewables, Inc.
• ArcelorMittal S.A.
• Arctech Solar Holding Co., Ltd.
• Array Technologies, Inc.
• Big Sun Energy Technology, Inc.
• Convert Italia S.P.A.
• First Solar, Inc.
• Flextronics International Ltd.
• Gamechange Solar, LLC
• Ganges Internationale Pvt. Ltd.
• Grupo Clavijo Elt, S.L.
• Mahindra Susten Pvt. Ltd.
• Panasonic Electric Works Europe AG
• Scorpius Trackers Pvt. Ltd.
• SmartTrak Solar Systems Pvt Ltd.
• Soltec America LLC
• Soltigua
Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
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Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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