Adroit Market Research +1 (214) Single Use License: US$ 4800 Request Sample Global Solar Tracker Market Size By Product (Single Axis and Dual Axis), By Technology [Photovoltaic (PV), Concentrated Photovoltaic (CPV) and Concentrated solar power (CSP)] By Application (Utility and Non-Utility) and By Region (North America, Europe, South America, Asia Pacific and Middle East & Africa)

Adroit Market Research +1 (214) Solar Tracker Market Size and Forecast The Study includes global solar tracker market size till 2025 along with company summaries which include company overview, product offering, and recent developments and financial overview. The global solar tracker market size is expected to reach to 39GW capacity by the end of Increasing awareness about sustainable & renewable sources of energy coupled with numerous government initiatives and demand & supply gap, a worldwide power shift to solar energy is underway driving the growth of the global solar tracker market during the forecast period. A single axis solar tracker system is a method wherein the solar panel tracks the sunlight from east to west along a single pivot point to rotate. Horizontal, vertical and tilted single axis are the different types of single axis solar tracker. In the photovoltaic solar tracker system, the tracker will be serving in minimizing the angle of incidence between the sunlight and the panel which increases the amount of energy the installation generates. Utility accounted to more than 80% share in the global solar tracker market. Rising demand coupled with increasing cost of electricity, utility are now shifting to renewable sources such as solar energy are projected to surge the demand for solar trackers. Browse the complete report reports/solar-tracker-markethttps://adroitmarketresearch.com/industry- reports/solar-tracker-market

Adroit Market Research +1 (214) Solar Tracker Market Size and Forecast These developments have increased consumer inclination as they now have to pay for only the services they want. An analysis of the above factors has led us to believe that the global Solar Tracker market is poised to grow substantially over the next few years. The global solar tracker market is dominated by players such as Array Technologies Inc., Arctech Solar, Soltec Renewable SL and NEXTracker Inc. Other players associated with the global solar tracker market are Convert Italia SpA, Soltec, Mahindra Susten, SunPower Corporation, GameChange Solar and First Solar. The aim to the partnership was to cut down time required for shipment of steel tubes and piers which form the backbone of the solar tracker system by sourcing them locally. Increasing awareness about sustainable & renewable sources of energy coupled with numerous government initiatives and demand & supply gap, a worldwide power shift to solar energy is underway driving the growth of the global solar tracker market during the forecast period. To gain maximum efficiency, orientation of the system with respect to tracker axis is most important and dual axis have showed increased power output ratios as it shows two degree of freedom that acts on axes of rotation.

Adroit Market Research +1 (214) Key segments of the global Solar Tracker market Product Overview, (Mw units) Single axis Dual axis Technology Overview, (Mw units) Photovoltaic (PV) Concentrated photovoltaic (CPV) Concentrated solar power (CSP) Application Overview, (Mw units) Utility Non-Utility Regional Overview, (USD Million) (Tons): North America, Europe, Asia Pacific, South America, Middle East & Africa. Purchase a single user copy of the global Solar Tracker market

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