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Solar Tracker Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2022-2030

Published Date: August, 2022
No of Pages: 168
Delivery Format: PDF + Excel

$2,950.00

Solar Tracker Market- Description

Trackers are employed to guide the solar panel toward the sun continuously by altering the angle of the discussion in line with changing the sun’s direction. It allows solar panels to maximize sunlight’s solar energy during the day and boost the energy output. The global market for solar trackers was estimated at 16.53 GW in 2018. The market is driven by the rising demand for energy, the rising environmental issues, increased awareness, and declining fossil fuels that are being used worldwide.

The increasing government efforts in nations like the United States, India, and China to shift to solar power are increasing the need for solar trackers in the forecast time. For instance, India is one of the countries where the Indian government is currently implementing important initiatives like that of the International Solar Alliance to be the leading contributor to solar power in 2025. Initiatives like these by the Indian government will increase the need for regional solar trackers.

Additionally, the continuous product development in solar technology and the increasing use of IoT and Artificial Intelligence are expected to provide new opportunities for growth for solar tracker companies. Solar energy plants are working towards consolidating the administration of solar power plants through modern technologies like cloud IoT, IoT, and many more. For example, NEXTracker Inc. 2017, a significant player, has introduced TrueCapture, a self-adjusting, automated solar tracker. True Capture, with its platform, is continuously changing the angle of solar arrays in line with the weather changes. Flex (the parent of NEXTracker Inc.), through its IoT platform, is linked with True Capture.

The publication profiles key players

  • Array Technologies, Inc.
  • Arctech Solar
  • NEXTracker, Inc
  • SunPower Corporation
  • Game Change Solar
  • First Solar
  • STI Norland
  • Alion Energy, Incorporated
  • DuPont
Solar Tracker Market  Report Scope and Segmentation
ATTRIBUTESDETAILS
ESTIMATED YEAR2022
BASE YEAR2021
FORECAST YEAR2030
HISTORICAL YEAR2017-2021
UNITValue (USD Million/Billion)
BY REGIONNorth America, Europe, Asia Pacific, Latin America, Middle East and Africa

Segment Overview of Global Solar Tracker Market

  • Overview of Product 15-2025 (USD millions) (GW units)
  • Single Axis
  • Dual Axis
  • Technology Overview 15-2025 (GW units)
    • Photovoltaic (PV)
    • Photovoltaic Concentrated (CPV)
    • CSP stands for Concentrated Solar Power (CSP)
  • Application Overview 15-2025 (GW units)
    • Utility
    • Non-Utility

Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Italy
    • France
    • UK
    • Spain
    • Poland
    • Russia
    • The Netherlands
    • Norway
    • Czech Republic
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Indonesia
    • Malaysia
    • Thailand
    • Singapore
    • Australia & New Zealand
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Colombia
    • Rest of South America
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • South Africa
    • Northern Africa
    • Rest of MEA

The reasons for studying

  • To assess the market’s potential in terms of capacity to produce until 2030’s end.
  • To determine the future growth opportunities of the global solar tracker industry
  • To spotlight key government initiatives which are likely to increase both solar tracking and energy usage
  • To know the latest developments in product development of the major players
  • to study the influential effects of the most prominent players on the market and to analyze their strategic plans
  • To research potential markets like the Asia Pacific, South America and, Middle East & Africa
  • Recognizing the restrictions or dangers to the market

What can the report have to offer?

  • Critical parameters like limitations, drivers, and opportunities have been covered in detail, which will likely affect the market.
  • Profiles of companies that are vital participants in the industry helped us know their strategies, key initiatives, as well as their financial performance as well as market offerings.
  • Strategic framework analysis and market dynamics
  • Initiatives from the Government
  • Porter Five Forces analysis
  • Analysis of the value chain
  • PESTLE analysis

Who should this report for?

This report is suitable for those in the industry and other stakeholders involved in the energy industry who need a comprehensive analysis and understanding of the industry. This report can benefit:

  • Participants in the solar energy market
  • Companies involved in the market for solar trackers
  • Solar energy associations
  • Regulators and the government want to know the most recent technological advances in the marketplace
  • New players in the market looking to learn more about the market’s dynamics
  • Local and regional governments are looking to build solar tracker systems

Table of Contents

Chapter 1. Executive Summary

Chapter 2. Research Methodology

2.1. Research approach

2.2. Scope, definition, and assumptions

2.3. Data sources

Chapter 3. Market Outlook

3.1. Introduction

3.2. Key trends

3.2.1. Market drivers

3.2.2. Market restraints

3.2.3. Market opportunities

3.3. Porters five forces analysis

3.4. PESTLE analysis

3.5. Value chain analysis

Chapter 4. Global Solar Tracker Market Overview, By Product

4.1. Solar tracker market share, by product , 2012 & 2025

4.2. Single-Axis

4.2.1. Market size and projections, 2012 & 2025 (GW units) (USD million)

4.3. Dual-Axis

4.3.1. Market size and projections, 2012 & 2025(GW units) (USD million)

Chapter 5. Global Solar tracker Market Overview, By Technology

5.1. Global Solar tracker market share, by technology, 2012 & 2025

5.2. Photovoltaic (PV)

5.2.1. Market size and projections, 2012 & 2025 (GW units)

5.3. Concentrated photovoltaic (CPV)

5.3.1. Market size and projections, 2012 & 2025 (GW units)

5.4. Concentrated solar power (CSP)

5.4.1. Market size and projections, 2012 & 2025 (GW units)

Chapter 6. Global Solar tracker Market Overview, By Application

6.1. Global Solar tracker market share, by application, 2012 & 2025

6.2. Utility

6.2.1. Market size and projections, 2012 & 2025 (GW units)

6.3. Non-Utility

6.3.1. Market size and projections, 2012 & 2025 (GW units)

Chapter 7. Global Solar tracker Market Overview, By Region

7.1. Global Solar tracker market share, by region, 2012 & 2025

7.2. North America

7.2.1. Market size and projections, 2012 & 2025 (GW units)

7.2.2. US

7.2.2.1. Market size and projections, 2012 & 2025 (GW units)

7.2.3. Canada

7.3.1. Market size and projections, 2012 & 2025 (GW units)

7.2.4. Mexico

7.2.4.1. Market size and projections, 2012 & 2025 (GW units)

7.3. Europe

7.3.1. Market size and projections, 2012 & 2025 (GW units)

7.3.2. Germany

7.3.2.1. Market size and projections, 2012 & 2025 (GW units)

7.3.3. Spain

7.3.3.1. Market size and projections, 2012 & 2025 (GW units)

7.3.4. France

7.3.4.1. Market size and projections, 2012 & 2025 (GW units)

7.3.5. Rest of Europe

7.3.5.1. Market size and projections, 2012 & 2025 (GW units)

7.4. Asia Pacific

7.4.1. Market size and projections, 2012 & 2025 (GW units)

7.4.2. China

7.4.2.1. Market size and projections, 2012 & 2025 (GW units)

7.4.3. Japan

7.4.3.1. Market size and projections, 2012 & 2025 (GW units)

7.4.4. India

7.4.4.1. Market size and projections, 2012 & 2025 (GW units)

7.4.5. Rest of Asia Pacific

7.4.5.1. Market size and projections, 2012 & 2025 (GW units)

7.5. South America

7.5.1. Market size and projections, 2012 & 2025 (GW units)

7.5.2. Brazil

7.5.2.1. Market size and projections, 2012 & 2025 (GW units)

7.5.3. Argentina

7.5.3.1. Market size and projections, 2012 & 2025 (GW units)

7.5.4. Chile

7.5.4.1. Market size and projections, 2012 & 2025 (GW units)

7.5.5. Rest of South America

7.5.5.1. Market size and projections, 2012 & 2025 (GW units)

7.6. Middle East & Africa

7.6.1. Market size and projections, 2012 & 2025 (GW units)

7.6.2. Saudi Arabia

7.6.2.1. Market size and projections, 2012 & 2025 (GW units)

7.6.3. UAE

7.6.3.1. Market size and projections, 2012 & 2025 (GW units)

7.6.4. Jordan

7.6.4.1. Market size and projections, 2012 & 2025 (GW units)

7.6.5. Rest of Middle East & Africa

7.6.5.1. Market size and projections, 2012 & (GW units)

Chapter 8. Industry Structure

8.1. Strategic framework

Chapter 9. Company Profiles

9.1. Array Technologies, Inc.

9.1.1. Company overview

9.1.2. Product portfolio

9.1.3. Key developments

9.1.4. Financial performance

9.2. Arctech Solar

9.2.1. Company overview

9.2.2. Product portfolio

9.2.3. Key developments

9.2.4. Financial performance

9.3. NEXTracker Inc.

9.3.1. Company overview

9.3.2. Product portfolio

9.3.3. Key developments

9.3.4. Financial performance

9.4. Dupont

9.4.1. Company overview

9.4.2. Product portfolio

9.4.3. Key developments

9.4.4. Financial performance

9.5. STI Norland

9.5.1. Company overview

9.5.2. Product portfolio

9.5.3. Key developments

9.5.4. Financial performance

9.6. Alion Energy.

9.6.1. Company overview

9.6.2. Product portfolio

9.6.3. Key developments

9.6.4. Financial performance

9.7. SunPower Corporation

9.7.1. Company overview

9.7.2. Product portfolio

9.7.3. Key developments

9.7.4. Financial performance

9.8. GameChange Solar

9.8.1. Company overview

9.8.2. Product portfolio

9.8.3. Key developments

9.8.4. Financial performance

9.9. First Solar

9.9.1. Company overview

9.9.2. Product portfolio

9.9.3. Key developments

9.9.4. Financial performance

9.10. List of other vendors

List of Tables:

  1. North America Solar Tracker Market, By Product 2012 – 2025 (USD Million) (GW Units)
  2. North America Solar Tracker Market, By Technology , 2012 – 2025 (GW Units)
  3. North America Solar Tracker Market, By Utility , 2012 – 2025 (GW Units)
  4. Europe Solar Tracker Market, By Product 2012 – 2025 (USD Million) (GW Units)
  5. Europe Solar Tracker Market, By Technology , 2012 – 2025 (GW Units)
  6. Europe Solar Tracker Market, By Utility , 2012 – 2025 (GW Units)
  7. APAC Solar Tracker Market, By Product 2012 – 2025 (USD Million) (GW Units)
  8. APAC Solar Tracker Market, By Technology , 2012 – 2025 (GW Units)
  9. APAC Solar Tracker Market, By Utility , 2012 – 2025 (GW Units)
  10. South America Solar Tracker Market, By Product 2012 – 2025 (USD Million) (GW Units)
  11. South America Solar Tracker Market, By Technology , 2012 – 2025 (GW Units)
  12. South America Solar Tracker Market, By Utility , 2012 – 2025 (GW Units)
  13. MEA Solar Tracker Market, By Product 2012 – 2025 (USD Million) (GW Units)
  14. MEA Solar Tracker Market, By Technology , 2012 – 2025 (GW Units)
  15. MEA Solar Tracker Market, By Utility , 2012 2025

List of Figures:

  1. Research Design
  2. Market Segmentation
  3. Porters five forces Analysis
  4. PESTLE Analysis
  5. Value Chain Analysis
  6. Global Solar Tracker Market Share, By Prodct 2017 And 2025
  7. Global Solar Tracker , Single Axis (GW Units) (USD Million) 2012-2025
  8. Global Solar Tracker , Dual Axis (GW Units) (USD Million) 2012-2025
  9. Global Solar Tracker Market Share, By Product 2017 And 2025
  10. Global Solar Tracker , Photovoltaic (PV) (GW Units) 2012-2025
  11. Global Solar Tracker , Concentrated Photovoltaic (CPV) (GW Units) 2012-2025
  12. Global Solar Tracker , Concentrated Solar Power (CSP) (GW Units) 2012-2025
  13. Global Solar Tracker Market Share, By Application 2017 And 2025
  14. Global Solar Tracker , Utility (GW Units) 2012-2025
  15. Global Solar Tracker , Non-Utility(GW Units) 2012-2025
  16. North America Solar Tracker Market (GW Units)
  17. United States Of America Solar Tracker Market (GW Units) 2012-2025
  18. Canada Solar Tracker Market (GW Units) 2012-2025
  19. Mexico Solar Tracker Market (GW Units) 2012-2025
  20. Europe Solar Tracker Market (GW Units) 2012-2025
  21. Spain Solar Tracker Market (GW Units) 2012-2025
  22. France Solar Tracker Market (GW Units) 2012-2025
  23. Germany Solar Tracker Market (GW Units)2012-2025
  24. Rest Of Europe Solar Tracker Market (GW Units) 2012-2025
  25. Asia Pacific Solar Tracker Market (GW Units) 2012-2025
  26. India Solar Tracker Market (GW Units) 2012-2025
  27. Japan Solar Tracker Market (GW Units) 2012-2025
  28. China Solar Tracker Market (GW Units) 2012-2025

Major Companies

  • Array Technologies, Inc.
  • Arctech Solar
  • NEXTracker, Inc
  • SunPower Corporation
  • Game Change Solar
  • First Solar
  • STI Norland
  • Alion Energy, Incorporated
  • DuPont

Major Segmentation

  • Overview of Product 15-2025 (USD millions) (GW units)
  • Single Axis
  • Dual Axis
  • Technology Overview 15-2025 (GW units)
    • Photovoltaic (PV)
    • Photovoltaic Concentrated (CPV)
    • CSP stands for Concentrated Solar Power (CSP)
  • Application Overview 15-2025 (GW units)
    • Utility
    • Non-Utility

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