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The single axis solar PV tracker market is forecasted to grow by USD 10718.63 mn during 2023-2028, accelerating at a CAGR of 19.07% during the forecast period. The report on the single axis 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 declining costs of solar power generation, supportive government policies and regulations, and rise in solar PV panel installations.
The single axis solar PV tracker market is segmented as below:
By Application
- Utility
- Distributed generation
By Type
- Horizontal type
- Vertical type
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the single axis solar PV tracker market covers the following areas:
- Single axis solar PV tracker market sizing
- Single axis solar PV tracker market forecast
- Single axis 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 research - both primary and secondary. 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 the 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 Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global single axis solar PV tracker market: Abengoa SA, All Earth Renewables, ArcelorMittal SA, Arctech Solar Holding Co Ltd, Array Technologies Inc., First Solar Inc., GameChange Solar, Gensol Engineering Ltd., Grupo Gransolar SL, Hanwha Corp., Haosolar Co. Ltd., IDEEMATEC Germany GmbH, MECANIZADOS SOLARES SL, NOV Inc., Soltec Energias Renovables SL, Sun Action Trackers, Trina Solar Co. Ltd., Valmont Industries Inc., and Flex Ltd..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is increased adoption of microgrids.'
According to the report, one of the major drivers for this market is the declining costs of solar power generation.
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 SA
- Arctech Solar Holding Co Ltd
- Array Technologies Inc.
- First Solar Inc.
- GameChange Solar
- Gensol Engineering Ltd.
- Grupo Gransolar SL
- Hanwha Corp.
- Haosolar Co. Ltd.
- IDEEMATEC Germany GmbH
- MECANIZADOS SOLARES SL
- NOV Inc.
- Soltec Energias Renovables SL
- Sun Action Trackers
- Trina Solar Co. Ltd.
- Valmont Industries Inc.
- Flex Ltd.
