Solar PV Tracker Market

A solar photovoltaic (PV) tracker is a device that orients solar panels or heliostats toward the Sun. A solar PV tracker is used in solar panels, heliostats, and parabolic troughs to align them in such a position toward the sun so as to collect solar energy in the most optimal angle, thereby increasing the efficiency of PV systems. Fixed-mounted solar panels may lose their efficiency when the Sun passes to the less than optimal angle. A solar tracker system tracks the position of the Sun and moves solar panels such that they align accurately with the position of the Sun.
Solar PV Tracker Market aims to provide a comprehensive presentation of the global market for Solar PV Tracker, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Solar PV Tracker. Solar PV Tracker Market contains market size and forecasts of Solar PV Tracker in global, including the following market information:
Global Solar PV Tracker Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global Solar PV Tracker Market Sales, 2018-2023, 2024-2030, (K Units)
Global top five Solar PV Tracker companies in 2022 (%)
The global Solar PV Tracker market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The increasing investment on renewables and rising installation of solar PV systems will provide traction to the solar PV technology in the solar tracking system market. The demand for the solar PV technology is influenced by the growing population and rising demand for electricity. Utility segment is the primary end-user of solar PV trackers to increase their efficiency in generating electricity.
We surveyed the Solar PV Tracker manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Solar PV Tracker Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Solar PV Tracker Market Segment Percentages, by Type, 2022 (%)
Single Axis Tracker
Dual Axis Tracker
Global Solar PV Tracker Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Solar PV Tracker Market Segment Percentages, by Application, 2022 (%)
Utility
Commercial & Industrial
Residential
Global Solar PV Tracker Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Solar PV Tracker Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Solar PV Tracker revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Solar PV Tracker revenues share in global market, 2022 (%)
Key companies Solar PV Tracker sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Solar PV Tracker sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Arctech
Array Technologies
Convert Italia
First Solar
NEXTracker
Abengoa
AllEarth Renewables
Edisun Microgrids
Exosun
GameChange Solar
Haosolar
Mahindra Susten
Scorpius Trackers
Solar FlexRack
Soltec
Sun Action Trackers
SunLink
SunPower
Outline of Major Chapters:
Chapter 1: Introduces the definition of Solar PV Tracker, market overview.
Chapter 2: Global Solar PV Tracker market size in revenue and volume.
Chapter 3: Detailed analysis of Solar PV Tracker manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Solar PV Tracker in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Solar PV Tracker capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.