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Solar Panel Positioning Robots Market show exponential growth by 2025

11-05-2017 10:14 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: transparency market research

/ PR Agency: transparency market research
Solar Panel Positioning Robots Market show exponential growth

Solar panel positioning robots are basically the tracking systems installed along the solar panels, which actually allow the photovoltaic cells to face the correct direction in an appropriate angle (toward the sun). It is essential for a solar panel to face the correct direction in order to collect maximum solar radiations and achieve the maximum efficiency. Thus, automated solar panel positioning robots are highly useful. Trackers in the current scenario are able to hold up the solar panel and adjust the tilt with the help of their own motors. In general, trackers are of two types: single-axis trackers and dual-axis trackers. Dual-axis trackers make finer angle adjustment at the cost of more number of motors and hence, they have high hardware installing cost. Solar panel positioning robot is a wandering robot equipped with the motor, which is required to change the angel of the solar panel. The robot rails along the tracks which are laid down few feet above the ground along the series of solar panels.

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The increase in environmental concerns, especially caused by high levels of greenhouse gases, steady increase in the demand for energy led by rise in population, and high prices of non-renewable sources of energy as compared to renewable sources are factors boosting the renewable energy sector, particularly the solar energy sector. Solar energy is easily accessible and it can be trapped effortlessly. The race of solar power to grow into the competition with conventional energy source (fossil fuels) has been accelerated by the consistence price drop of Photovoltaic cell modules in recent years. This drop in prices has presented an opportunity for growth of the solar market. Hence, the automation of positioning of these panels is witnessing high demand.

Solar panel positioning robots are mostly employed in large-scale solar power plants, as these robotic systems require more space for installation than conventional dual-axis trackers. Thus, in the commercial sector i.e. in hotels, hospitals, shopping malls, and offices complexes; large-scale installation of these robots may be required. Companies using the solar panels for the heat generation purpose would also require these robotic systems to enhance the efficiency of solar panels.

Countries promoting the usage of solar energy by giving subsidies and reducing the taxes present potential markets for solar panel positioning robots. Countries in Europe such as Germany, Italy, France, the U.K., and Belgium are witnessing a rising trend toward the use of solar energy. Countries in Asia such as China, India, and Japan are also installing large-scale solar power plants to satisfy their energy needs. This may create opportunities for growth of the solar panel positioning robots market in the region. The U.S., which also contributes significantly in harnessing of solar energy, is also likely to be a potential market for solar panel positioning robots in the next few years.

The potential key players in the market for solar panel positioning robots are companies operating in the market for solar tracking systems and automation of renewable energy; for example, Nextraker, Firelake Capital, LINAK, Morgan Solar, Ecoppia, Alion Energy, Susten, Ravin, Scorpius Tackers.

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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