Solar Trackers Market

Solar trackers are utilized to move photovoltaic panels toward the sun to utilize more sunlight. They enable solar modules to remain in the best position to accumulate maximum energy from the sun. The application of tracking technology allows solar panels to follow the movement of the sun and increase electricity production as compared to a stationary array. Solar trackers are attached to solar panels to adjust their positioning against the daily passage of the sun throughout the year as the weather and seasons change.
Solar Trackers Market contains market size and forecasts of Solar Trackers in global, including the following market information:
Global Solar Trackers Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Solar Trackers Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Solar Trackers companies in 2021 (%)
The global Solar Trackers market was valued at 218.1 million in 2021 and is projected to reach US$ 666.8 million by 2028, at a CAGR of 17.3% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Single Axis Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Solar Trackers include Soitec SA, Arctech, Array Technologies, Convert Italia, First Solar, NEXTracker, Abengoa, AllEarth Renewables and Edisun Microgrids, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Solar Trackers 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 Trackers Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Solar Trackers Market Segment Percentages, by Type, 2021 (%)
Single Axis
Dual Axis
Global Solar Trackers Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Solar Trackers Market Segment Percentages, by Application, 2021 (%)
Utility
Non-Utility
Global Solar Trackers Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Solar Trackers Market Segment Percentages, By Region and Country, 2021 (%)
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 Trackers revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Solar Trackers revenues share in global market, 2021 (%)
Key companies Solar Trackers sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Solar Trackers sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Soitec SA
Arctech
Array Technologies
Convert Italia
First Solar
NEXTracker
Abengoa
AllEarth Renewables
Edisun Microgrids
Exosun
GameChange Solar
Haosolar
Mahindra Susten
Scorpius Trackers
Solar FlexRack
Sun Action Trackers
SunLink
SunPower