openPR Logo
Press release

Solar Panel Tracking Mounts Market to Exhibit Impressive Growth During 2017 - 2027

02-21-2018 10:56 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Solar Panel Tracking Mounts Market to Exhibit Impressive Growth

Solar panel tracking mounts are used to orient solar photovoltaic panels or modules or to concentrate solar reflectors or lenses towards the sun. These mounts are a product of highly advanced technology and change the orientation of panels through the day by tracking the sun’s path so as to optimize the energy capture capacity. Concentrators in solar photovoltaic applications require high accuracy to ensure that sunlight is directed precisely to the powered device, as the system does not produce energy unless directed correctly towards the sun. Solar panel tracking mounts can be active or passive. Passive trackers use compressed gas fluid to move to one side or another, while active trackers use a controller to monitor the sun’s position in order to direct the motor to move the panel. Further, on the basis of the number of rotating axes, solar panel tracking mounts are single axis type or dual axis type. Single axis trackers rotate along one axis, they have manual elevation (axis tilt) adjustment for the second axis, allowing them to capture a bit more sunlight as compared to fixed mount systems. On the other hand, dual axis trackers have vertical as well as horizontal motion, giving even higher efficiencies as compared to single axis trackers. Solar panel tracker mounts generate up to 35% more energy as compared to fixed trackers.

Solar panel tracking mounts have been gaining popularity over past few years as they improve the efficiency and increase the yield. These mounts are one of the most effective add-on products for solar power. Increasing penetration is expected to drive the growth of the solar panel tracking mounts market over the forecast period.

Request for Sample @

Solar Panel Tracking Mounts Market: Dynamics

Increasing environmental concerns, such as greenhouse gas emission, growing energy demand, especially from emerging countries (India, China, etc.) and increasing investment for renewable energy are expected to drive the solar power market and subsequently, are contributing towards the growth of the solar panel tracking mounts market. Moreover, solar trackers boost the return on solar investment as they increase the production capacity of the solar panel. Hence, they are gaining popularity among solar power units, which will drive the demand for solar panel tracking mounts.

However, the solar panel tracking mounts market is expected to be retrained by the slightly high cost of tracking mounts as compared to fixed mounts. Solar panel tracking mounts are much more complex and generally require more maintenance as compared to traditional fixed mounts as they involve a larger number of moving parts. As the solar industry progresses, key players are increasingly emphasizing on improving the performance of solar panels, especially with regard to cost saving and generating higher output. With the evaluation of solar industries, players are focusing on developing products to reduce the installation cost and optimize production. As the installation cost reduces, the demand for solar panel tracking mounts is expected to boost.

Solar Panel Tracking Mounts Market: Segmentation

On the basis of tracking systems, the solar panel tracking mounts market can be segmented as:

Active Solar Panel Tracking Mounts
Passive Solar Panel Tracking Mounts
On the basis of axis rotation, the solar panel tracking mounts market can be segmented as:

Single Axis Tracking Mounts
Polar Aligned
Dual Axis Tracking Mounts
Azimuth Altitude
On the basis of end use, the solar panel tracking mounts market can be segmented as:

Power Generation
Solar Panel Tracking Mounts Market: Regional Outlook

North America and Europe are expected to dominate the solar panel tracking mount market. The shifting trend towards the use of renewable energy is expected to boost the growth of the solar panel tracking mounts market with a significant rate. Further, implementation of schemes such as Renewable Energy Investment Tax Credit (REITC) in the U.S. and implantation of stringent environmental regulations by the European Union are expected to be the key driving factors for the growth of the market in these regions. Asia Pacific is expected to be the fastest growing region and is anticipated to outpace other regions over the coming years. Rapid increase in the demand for power due to industrialization and urbanization in economically developing nations, such as India and China, is expected to be the key factor fuelling the growth of the solar panel tracker mounts market in the region. Latin America and MEA are expected to grow at a slower pace as compared to other regions.

Request for Table of Contents @

Solar Panel Tracking Mounts Market: Market Participants

Examples of some of the key players identified in the global solar panel tracking mounts market are as follows:

Edisun Microgrids.
IronRidge Inc.
GM Industries, Inc.
WattSun - Energy India Private Ltd
NEXTracker Inc.
Schletter GmbH
SunLink Corporation


Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.


616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Solar Panel Tracking Mounts Market to Exhibit Impressive Growth During 2017 - 2027 here

News-ID: 951609 • Views: 108

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases

More Releases for Solar

Solar Simulator Market Distribution Channel 2019: Spire Solar, Solar Energy Inte …
Solar Simulator Market report aims to examine the developments of market including its market improvements, developments, positions and others. This report on the Solar Simulator market offers explanatory knowledge on the market parts like dominating players, drivers and restraints, production, revenue, consumption, import and export, and the most effective development within the organization size, deployment type, inside, segmentation comprised throughout this analysis, also major the players have used various strategies such
Solar PV Module Market 2018-2025 : Canadian Solar, First Solar, Jinko Solar, Sha …
Researchmoz added Most up-to-date research on "2018-2025 Solar PV Module Report on Global and United States Market,Status and Forecast,by Players,Types and Applications" to its huge collection of research reports. Summary This report studies the Solar PV Module market status and outlook of global and United States, from angles of players, regions, product types and end industries; this report analyzes the top players in global and United States market, and splits the Solar
Global Solar Photovoltaic Installations Market 2017: Key Players – BENQ Solar, …
Summary adds “Solar Photovoltaic Installations Market 2017 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2022” reports to its database. This report provides in depth study of “Solar Photovoltaic Installations market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Solar Photovoltaic Installations  Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an
Global Solar Cell (Photovoltaic) Equipment Market 2017 : Trina Solar, Canadian S …
Market Research Explore : The report 2017 Global Solar Cell (Photovoltaic) Equipment Market mainly highlights thoughtful facts and intelligence of Solar Cell (Photovoltaic) Equipment market in conjunction with prevailing and future market trends throughout the forecast period from 2017 to 2022. It additionally executes the great study of price, current geographical zones, technology, demand-supply and therefore the consequences it might wear the market growth of Solar Cell (Photovoltaic) Equipment trade. Do
Solar Panel Market 2017 - Hanwha, First Solar, SunPower, Elkem Solar, Sharp, Kyo …
The Global Solar Panel Market 2017 Industry Research Report focused on global and regional market, major manufacturers, as well as the current state of the Solar Panel industry. First, "Global Solar Panel Industry 2017" report analyzed the basic scope of this industry like definition, specification, classification, application, industry policy, news analysis and Solar Panel industry chain structure. Major Companies Covered in this report:- Hanwha First Solar SunPower Elkem Solar Sharp Kyocera Solar Solar Frontier Solarworld NSP Trina Solar Canadian Solar Jinko Solar JA Solar GCL
Global Solar Cells and Modules Market 2016 - Hanwha, First Solar, SunPower, Elke …
This report mainly covers the following Segment regions including (the separated region report can also be offered) North America Europe Japan China Southeast Asia India Request for sample report at The players list (Partly, Players you are interested in can also be added) Hanwha First Solar SunPower Elkem Solar Sharp Kyocera Solar Solar Frontier Solarworld NSP Trina Solar Canadian Solar Jinko Solar JA Solar GCL System Integration Yingli Shunfeng ReneSola Risen Chint Group Hareonsolar Eging PV CSUN BYD HT-SAAE With 24 top producers. Data including (both global and regions): Market Size (both volume - K Units and value - million USD), Market Share, Production