Solar Panel Tracking Mount Market Growth and Forecast 2021 to 2027 - Esdec, GM Industries, Flex

The “Solar Panel Tracking Mount” report provides details on the latest recent developments, trade regulations, import-export analysis, analysis of production, value chain optimization, market share, impact of players on the national and localized market, analysis of opportunities in terms of emerging income pockets, changes in market regulations, strategic analysis of the market growth, market size, market growth of categories, application and domain niches, product approvals, product launches, geographic expansions, technological innovations in the market.

“The Solar Panel Tracking Mount Market is predicted to register a CAGR of 18% over the forecast period 2021 – 2027.”

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Key Competitors of the Solar Panel Tracking Mount market is: Edisun Microgrids, Esdec, GM Industries, Flex, SCHLETTER SOLAR, UNIRAC, Solar UK, WattSun Energy, ABB, SunLink

Market Overview:

The single-axis solar trackers are being accepted widely in the market globally. Low cost and less complexity in design in comparison to dual-axis trackers are the significant reasons for the growing popularity of single-axis trackers.
Energy companies and governments are facing a challenge to increase the power capacity, not only for future projects but also for active projects. With the installation of solar trackers, a capacity surge of 20%-35% can be achieved. This, in turn, is expected to create a significant amount of opportunities for the companies involved in solar tracking system manufacturing in the near future.
North America has dominated the market of solar trackers, where the United States emerged as a significant customer with solar trackers installed in more than 70% of projects by the end of 2019.

This report Provides intelligent marketing research for smarter decision-making and resource investment estimation. The report discusses these elements and describes the main players that are expected to extend the demand for the Solar Panel Tracking Mount market within the upcoming years.

Solar Panel Tracking Mount market report introduces some features and provides a basic view of the most players. In this report provides a comprehensive and in-depth review of the market. The players are likewise presenting newer product varieties within the market to reinforce the merchandise portfolio by embracing the new innovation and completing it in their business.

The Solar Panel Tracking Mount market is often split supported product types, major applications, and important countries as follows:

Major Types covered are:

Single Axis Tracking Mounts

Dual Axis Tracking Mounts

Major Applications covered are:

Commercial Use

Residential Use

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Key Market Trends

Single Axis Solar Trackers to Dominate the Market

A solar tracker enhances the production capacity of the solar panel system by aligning the solar panel along with the direction of sunlight. The solar tracker alters the alignment of the photovoltaic (PV) panel in such a way that the sunlight falls perpendicularly on the panel and giving maximum power output. However, they are less effective when they move farther toward the northern regions because the variance of the solar angle is higher between the summer and winter seasons in locations far from the equator.
Nextracker Inc., which is contributing one-third of the tracker market, is solely working on the single-axis solar trackers, and it emerged as the leading player in 2019.
In April 2019, PV hardware Solutions S.L.U., a significant player in the solar tracker market, was selected as the supplier for their single-axis solar tracker for more than 30 PV plants generating more than 3 GW of power.

Regional market Solar Panel Tracking Mount (regional production, demand and forecast by country):

North America (United States, Canada, Mexico)

South America (Brazil, Argentina, Ecuador, Chile)

Asia Pacific (China, Japan, India, Korea)

Europe (Germany, UK, France, Italy)

Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And more.

The inquire approximately record considers the past, display, and destiny execution of the global market. The record advances investigations the display aggressive situation, most important trade models, and consequently the possibly headways in services with the aid of using crucial gamers inside the upcoming years.

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Recent Devlopments:

In March 2020, NEXTracker announced the successful completion of its largest tracker deal, touted to be the largest of its kind in the industry, with 174 Power Global. The contract involved shipment of smart solar trackers of 3.4 GW capacities to seven projects run by 174 Power across the United States.
In May 2020, Ukraine's largest solar tracking plant with a capacity of 33 MW was commissioned in Lyubar, Zhytomyr region. The commissioning was executed by using SolControl, Soltigua’s cloud-based SCADA, which had been conceived from the beginning to be optimized for remote assistance and monitoring of the solar plant.
Owing to the COVID-19 pandemic, the crisis has impacted the global supply chain for raw materials and the unavailability of labor. This has led many of the ongoing projects to be put on hold for an unspecified timeline.

Report Features:

To project the worth and sales volume of the Solar Panel Tracking Mount market, with reference to key regions.
To analyses competitive developments like expansions, agreements, new product launches, and acquisitions within the market.
To study and analyses the global Solar Panel Tracking Mount market size (value & volume) by company, key regions, products, and end-user, breakdown data from The Last Five Years, and forecast to 2027.
to know the structure of the Solar Panel Tracking Mount market by identifying its various sub-segments.
To percentage targeted records approximately the important thing elements influencing the enlargement of the market (increase potential, opportunities, industry-particular challenges, and risks).

Report Customization:

The Global Solar Panel Tracking Mount Market report may be modified to meet your specific business needs. Because we understand what our clients want, we offer 25% customization for any of our MarketIntelligenceData reports at no additional cost to all or any of our clients.

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