Title: Solar Tracker Market Demand, Trends and Business Opportunities 2023-2028
1Global Solar Tracker Market Research and Forecast
Report 2023-2028
Author Elena Anderson Marketing Manager IMARC
Group
2022 IMARC All Rights Reserved
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2About IMARC Group
Report Description
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3Report Description and Highlights
Report Description
Global Solar Tracker Market Research Report
2023-2028 According to the latest report by
IMARC Group, titled Solar Tracker Market Global
Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2023-2028, the global solar tracker
market is expected to grow at a CAGR of 21.1
during 2023-2028. A solar tracker refers to a
device that orients solar panels toward the sun.
These systems use computers and sensors with
complex algorithms for altering the position of a
solar panel. This ensures that photovoltaic (PV)
panels are positioned perpendicularly to the
sunlight, which reduces light reflection and
maximizes energy absorption. Solar trackers offer
various benefits, such as extra power generation,
minimal space requirements, lower electricity
bills, and reduced maintenance costs. Request
for a PDF sample of this report
https//www.imarcgroup.com/solar-tracker-market/re
questsample
4Report Description and Highlights
Report Description
Global Solar Tracker Market Trends The
increasing deployment of solar panels and the
shifting focus toward renewable energy production
are majorly driving the global solar tracker
market growth. This is further supported by the
launch of green energy initiatives by governments
of various nations, thus facilitating the number
of new solar energy projects and the
establishment of associated infrastructural
facilities. Additionally, the rising population
has led to an increase in global power
consumption, which is acting as another
growth-inducing factor. Moreover, the
increasing utilization of solar power as the main
energy source across the residential, commercial,
and industrial sectors are contributing to the
market growth. Apart from this, rapid
technological advancements, such as the
large-scale integration of solar and concentrated
photovoltaics with cloud computing and the
Internet of Things (IoT)-based solutions, are
creating a positive outlook for the market. View
Report TOC, Figures and Tables
https//www.imarcgroup.com/solar-tracker-market
5Report Description and Highlights
Report Description
- Key Market Segmentation
- The research report includes the following
segments - Breakup by Type
- Active Solar Tracker
- Passive Solar Tracker
-
- Breakup by Tracking Type
- Single Axis Tracking
- HSAT (Horizontal Single Axis Trackers)
- VSAT (Vertical Single Axis Trackers)
- TSAT (Titled Single Axis Trackers)
- PSAT (Polar Aligned Single Axis Trackers)
- Dual Axis Tracking
- TTDAT (Tip-Tilt Dual Axis Trackers)
- AADAT (Azimuth-Altitude Dual Axis Trackers)
6Report Description and Highlights
Report Description
-
- Breakup by Technology
- Solar Photovoltaic (PV)
- Concentrated Solar Power (CSP)
- Concentrated Photovoltaic (CPV)
-
- Breakup by Application
- Utility Sector
- Residential Sector
- Commercial Sector
- Breakup by Region
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
7Report Description and Highlights
Report Description
-
- Competitive Landscape with Key Players
- Arctech Solar Holding Co. Ltd.
- Array Technologies Inc.
- Convert Italia SpA (Valmont Industries Inc.)
- DEGER energie GmbH Co KG, First Solar Inc.
- Nextracker Inc. (Flex Ltd.)
- Powerway Renewable Energy Co. (SinoTech Power
Group) - Soltec Energias Renovables S.L.
- Sunpower Corporation (Total S.A.)..
8Key Questions Answered in the Report
Report Description
- How has the global solar tracker market performed
so far and how will it perform in the coming
years? - What has been the impact of COVID-19 on the
global solar tracker market? - What are the key regional markets?
- What is the breakup of the market based on the
type? - What is the breakup of the market based on the
tracking type? - What is the breakup of the market based on the
technology? - What is the breakup of the market based on the
application? - What are the various stages in the value chain of
the industry? - What are the key driving factors and challenges
in the industry? - What is the structure of the global solar tracker
market and who are the key players? - What is the degree of competition in the industry?
9Table of Contents
Report Description
1 Preface 2 Scope and Methodology 2.1
Objectives of the Study 2.2 Stakeholders
2.3 Data Sources 2.3.1 Primary
Sources 2.3.2 Secondary Sources
2.4 Market Estimation 2.4.1
Bottom-Up Approach 2.4.2 Top-Down
Approach 2.5 Forecasting Methodology 3
Executive Summary 4 Introduction 4.1
Overview 4.2 Key Industry Trends 5
Global Solar Tracker Market 5.1 Market
Overview 5.2 Market Performance 5.3
Impact of COVID-19 5.4 Market Forecast
10Table of Contents
Report Description
6 Market Breakup by Type 6.1 Active
Solar Tracker 6.1.1 Market Trends
6.1.2 Market Forecast 6.2 Passive Solar
Tracker 6.2.1 Market Trends 6.2.2
Market Forecast 7 Market Breakup by Tracking
Type 7.1 Single Axis Tracking
7.1.1 Market Trends 7.1.2 Major Types
7.1.2.1 HSAT (Horizontal Single Axis
Trackers) 7.1.2.2 VSAT (Vertical
Single Axis Trackers) 7.1.2.3 TSAT
(Titled Single Axis Trackers) 7.1.2.4
PSAT (Polar Aligned Single Axis Trackers)
7.1.3 Market Forecast 7.2 Dual Axis
Tracking Click here to visit the complete table
of content with list of figures and tables
https//www.imarcgroup.com/solar-tracker-market/t
oc
11Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
12Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
13Report Description and Highlights
Report Description
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