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The solar PV tracker market is forecasted to grow by USD 15.59 billion during 2023-2028, accelerating at a CAGR of 22.8% during the forecast period. The report on the solar PV tracker market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in investments in renewable energy, increasing government support for manufacturing and installing PV systems, and declining cost of solar energy.
The solar PV tracker market is segmented as below:
By Product
- Single axis tracker
- Dual-axis trackers
By Technology
- Solar PV
- CSP
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the solar PV tracker market covers the following areas:
- Solar PV tracker market sizing
- Solar PV tracker market forecast
- Solar PV tracker market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global solar pv tracker market: Abengoa SA, All Earth Renewables, ArcelorMittal, Arctech Solar Holding Co. Ltd., Array Technologies Inc., BIG SUN Energy Technology Inc., First Solar Inc., Flex Ltd., GameChange Solar, Grupo Gransolar SL, Hanwha Corp., Haosolar Co. Ltd., IDEEMATEC Germany GmbH, Mahindra and Mahindra Ltd., NOV Inc., Scorpius Trackers Pvt. Ltd., Soltec Energias Renovables SL, Sun Action Trackers, SunPower Corp., Trina Solar Co. Ltd., and Valmont Industries Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing conversion efficiency of solar pvs."
According to the report, one of the major drivers for this market is the rise in investments in renewable energy.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Abengoa SA
- All Earth Renewables
- ArcelorMittal
- Arctech Solar Holding Co. Ltd.
- Array Technologies Inc.
- BIG SUN Energy Technology Inc.
- First Solar Inc.
- Flex Ltd.
- GameChange Solar
- Grupo Gransolar SL
- Hanwha Corp.
- Haosolar Co. Ltd.
- IDEEMATEC Germany GmbH
- Mahindra and Mahindra Ltd.
- NOV Inc.
- Scorpius Trackers Pvt. Ltd.
- Soltec Energias Renovables SL
- Sun Action Trackers
- SunPower Corp.
- Trina Solar Co. Ltd.
- Valmont Industries Inc.