Press release
Dual Axis Solar Tracker Market Report- Trends, Segmentation, Market Growth, Opportunities By Industry Share, Statistics, Forecast 2023-2030 | Array Technologies, NEXTracker
The Dual Axis Solar Tracker Market size is expected to reach US$ 13.76 Bn by 2030, from US$ 6.46 Bn in 2023, at a CAGR of 11.4% during the forecast period 2023-2030. Dual axis solar trackers are systems that adjust the orientation of solar panels according to the movement of the sun to receive maximum sunlight throughout the day. They are commonly used in large-scale ground-mounted solar farms to maximize energy output. The dual-axis system allows panels to track the sun from east to west and north to south.Due to increasing concerns about climate change and growing demand for renewable energy sources, the deployment of solar energy is growing rapidly across both residential and commercial sectors. This is driving the installation of large ground-mounted solar farms which in turn is fueling the demand for dual axis solar trackers worldwide. Additionally, technological advancements have made dual axis tracking systems more advanced and cost-effective. Key manufacturers are focusing on integrating innovative features such as auto-balancing, stow functions and communications for remote operation and monitoring. This is increasing their adoption compared to fixed-tilt and single-axis tracking systems.
A major trend gaining traction is the integration of internet of things (IoT) enabled sensors and cloud-based monitoring systems into new generations of solar trackers. These advanced digital capabilities allow plant operators to supervise tracker performance in real-time, detect equipment issues early, and ensure optimal solar alignments from a remote command center. IoT sensors provide insights into environmental conditions, energy production data, mechanical operations and other metrics. Remote system diagnostics and automated adjustments reduce on-site service requirements and downtimes. The growing popularity of these smart, digitally managed trackers will propel dual axis technology innovations geared towards industry 4.0 applications.
Explorer more information on this topic, Please visit @ https://www.coherentmi.com/industry-reports/dual-axis-solar-tracker-market
List of the Top Key Players of the Global Dual Axis Solar Tracker Market:
Array Technologies
NEXTracker
PV Hardware
Arctech Solar
Convert Italia
Global Dual Axis Solar Tracker Market Segmentation Analysis:
By Type -
Single Axis
Dual Axis
Azimuth-altitude dual axis
By Application -
Utility
Commercial
Residential
For More Insights:https://www.coherentmi.com/industry-reports/dual-axis-solar-tracker-market
Reasons to Purchase this Report:
◉ Regional analysis provides insights into the factors influencing the market in each location, including product/service consumption.
◉ The report identifies global opportunities and risks faced by manufacturers of Dual Axis Solar Tracker.
◉ The study highlights areas and sectors with high potential for expansion.
◉ Detailed coverage of a competitive market, including firm market rankings, new product introductions, joint ventures, corporate growth, and acquisitions.
◉ In-depth analysis of major market players, including company overviews, corporate insights, product benchmarking, and SWOT analysis.
◉ Industry market overview for the present and future, considering recent advancements, growth potential, motivating factors, challenges, and geographical limits in developed regions.
Frequently Asked Questions (FAQs):
➟ What is the main driving factor for the growth of the global Dual Axis Solar Tracker market?
➟ What are the restraining factors of the market?
➟ Who are the key market players?
➟ Which region holds the biggest market share?
➟ What are the recent trends of the global Dual Axis Solar Tracker market?
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Dual Axis Solar Tracker Market Report Snapshots
Dual Axis Solar Tracker Market Size
Dual Axis Solar Tracker Market Share
Dual Axis Solar Tracker Market Trends
Dual Axis Solar Tracker Market Companies
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