Solar Trackers Market Size and Growth 2022 Analysis Report by Manufactures, Trends, Share, Opportunity, Regions and Forecast to 2028

Posted on Aug 12 2022 8:28 AM

"Solar Trackers market in 2022, is projected to value USD million by 2028, growing at a revised CAGR. While Solar Trackers market segmented by applications, types and manufactures like 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."

"Final Report will add the analysis of the impact of COVID-19 on this industry."

Global “Solar Trackers Market” 2022 report presents a comprehensive study of the entire Global market including market size, share trends, market dynamics, and overview by segmentation by types, applications, manufactures and geographical regions. The report offers the most up-to-date industry data on the actual market situation and future outlook for the Solar Trackers market. The report also provides up-to-date historical market size data for the period and an illustrative forecast to 2028 covering key market aspects like market value and volume for Solar Trackers industry.

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Market Analysis and Insights: Global 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.
Due to the COVID-19 pandemic, the global Solar Trackers market size is estimated to be worth USD 252.2 million in 2022 and is forecast to a readjusted size of USD 683.9 million by 2028 with a CAGR of 18.1% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Single Axis accounting for of the Solar Trackers global market in 2021, is projected to value USD million by 2028, growing at a revised CAGR from 2022 to 2028. While Utility segment is altered to CAGR throughout this forecast period.
The market size for solar tracker has been estimated on the basis of indicators in product segments. This report also discusses various applications and technology of solar trackers. The major applications considered under the solar tracker market cover the utility and non-utility. Whereas, key product segments analyzed in this report include single axis and dual axis solar trackers. The market is also analyzed based on technology including solar PV, CPV and CSP. Furthermore, the market is analyzed based on geography that constitutes countries such as UAE, South Africa and Saudi Arabia.

The major players covered in the Solar Trackers market report are:

         ●      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

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Global Solar Trackers Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

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Global Solar Trackers Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. By Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

         ●      Single Axis
         ●      Dual Axis

Segment by Application

         ●      Utility
         ●      Non-Utility

Solar Trackers Market Key Points:

         ●      Characterize, portray and Forecast Solar Trackers item market by product type, application, manufactures and geographical regions.
         ●      Give venture outside climate investigation.
         ●      Give systems to organization to manage the effect of COVID-19.
         ●      Give market dynamic examination, including market driving variables, market improvement requirements.
         ●      Give market passage system examination to new players or players who are prepared to enter the market, including market section definition, client investigation, conveyance model, item informing and situating, and cost procedure investigation.
         ●      Stay aware of worldwide market drifts and give examination of the effect of the COVID-19 scourge on significant locales of the world.
         ●      Break down the market chances of partners and furnish market pioneers with subtleties of the cutthroat scene.

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Geographical Segmentation:

Geographically, this report is segmented into several key regions, with sales, revenue, market share, and Solar Trackers market growth rate in these regions, from 2015 to 2028, covering

         ●      North America (United States, Canada and Mexico)
         ●      Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
         ●      Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia, and Vietnam)
         ●      South America (Brazil etc.)
         ●      Middle East and Africa (Egypt and GCC Countries)

Some of the key questions answered in this report:

         ●      Who are the worldwide key Players of the Solar Trackers Industry?
         ●      How the opposition goes in what was in store connected with Solar Trackers?
         ●      Which is the most driving country in the Solar Trackers industry?
         ●      What are the Solar Trackers market valuable open doors and dangers looked by the manufactures in the worldwide Solar Trackers Industry?
         ●      Which application/end-client or item type might look for gradual development possibilities? What is the portion of the overall industry of each kind and application?
         ●      What centered approach and imperatives are holding the Solar Trackers market?
         ●      What are the various deals, promoting, and dissemination diverts in the worldwide business?
         ●      What are the key market patterns influencing the development of the Solar Trackers market?
         ●      Financial effect on the Solar Trackers business and improvement pattern of the Solar Trackers business?

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Detailed TOC of Global Solar Trackers Market Research Report 2022

1 Solar Trackers Market Overview

1.1 Product Overview and Scope

1.2 Segment by Type

1.2.1 Global Market Size Growth Rate Analysis by Type 2022 VS 2028

1.3 Solar Trackers Segment by Application

1.3.1 Global Consumption Comparison by Application: 2022 VS 2028

1.4 Global Market Growth Prospects

1.4.1 Global Revenue Estimates and Forecasts (2017-2028)

1.4.2 Global Production Capacity Estimates and Forecasts (2017-2028)

1.4.3 Global Production Estimates and Forecasts (2017-2028)

1.5 Global Market Size by Region

1.5.1 Global Market Size Estimates and Forecasts by Region: 2017 VS 2021 VS 2028

1.5.2 North America Solar Trackers Estimates and Forecasts (2017-2028)

1.5.3 Europe Estimates and Forecasts (2017-2028)

1.5.4 China Estimates and Forecasts (2017-2028)

1.5.5 Japan Estimates and Forecasts (2017-2028)

2 Solar Trackers Market Competition by Manufacturers

2.1 Global Production Capacity Market Share by Manufacturers (2017-2022)

2.2 Global Revenue Market Share by Manufacturers (2017-2022)

2.3 Market Share by Company Type (Tier 1, Tier 2 and Tier 3)

2.4 Global Average Price by Manufacturers (2017-2022)

2.5 Manufacturers Production Sites, Area Served, Product Types

2.6 Market Competitive Situation and Trends

2.6.1 Market Concentration Rate

2.6.2 Global 5 and 10 Largest Solar Trackers Players Market Share by Revenue

2.6.3 Mergers & Acquisitions, Expansion

3 Solar Trackers Production Capacity by Region

3.1 Global Production Capacity of Solar Trackers Market Share by Region (2017-2022)

3.2 Global Revenue Market Share by Region (2017-2022)

3.3 Global Production Capacity, Revenue, Price and Gross Margin (2017-2022)

3.4 North America Production

3.4.1 North America Production Growth Rate (2017-2022)

3.4.2 North America Production Capacity, Revenue, Price and Gross Margin (2017-2022)

3.5 Europe Production

3.5.1 Europe Production Growth Rate (2017-2022)

3.5.2 Europe Production Capacity, Revenue, Price and Gross Margin (2017-2022)

3.6 China Production

3.6.1 China Production Growth Rate (2017-2022)

3.6.2 China Production Capacity, Revenue, Price and Gross Margin (2017-2022)

3.7 Japan Production

3.7.1 Japan Production Growth Rate (2017-2022)

3.7.2 Japan Production Capacity, Revenue, Price and Gross Margin (2017-2022)

4 Global Solar Trackers Market Consumption by Region

4.1 Global Consumption by Region

4.1.1 Global Consumption by Region

4.1.2 Global Consumption Market Share by Region

4.2 North America

4.2.1 North America Consumption by Country

4.2.2 United States

4.2.3 Canada

4.3 Europe

4.3.1 Europe Consumption by Country

4.3.2 Germany

4.3.3 France

4.3.4 U.K.

4.3.5 Italy

4.3.6 Russia

4.4 Asia Pacific

4.4.1 Asia Pacific Consumption by Region

4.4.2 China

4.4.3 Japan

4.4.4 South Korea

4.4.5 China Taiwan

4.4.6 Southeast Asia

4.4.7 India

4.4.8 Australia

4.5 Latin America

4.5.1 Latin America Consumption by Country

4.5.2 Mexico

4.5.3 Brazil

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5 Solar Trackers Market Segment by Type

5.1 Global Production Market Share by Type (2017-2022)

5.2 Global Revenue Market Share by Type (2017-2022)

5.3 Global Price by Type (2017-2022)

6 Solar Trackers Market Segment by Application

6.1 Global Production Market Share by Application (2017-2022)

6.2 Global Revenue Market Share by Application (2017-2022)

6.3 Global Price by Application (2017-2022)

7 Solar Trackers Market Key Companies Profiled

7.1 Manufacture 1

7.1.1 Manufacture 1 Corporation Information

7.1.2 Manufacture 1 Product Portfolio

7.1.3 Manufacture 1 Production Capacity, Revenue, Price and Gross Margin (2017-2022)

7.1.4 Manufacture 1 Main Business and Markets Served

7.1.5 Manufacture 1 Recent Developments/Updates

7.2 Manufacture 2

7.2.1 Manufacture 2 Corporation Information

7.2.2 Manufacture 2 Product Portfolio

7.2.3 Manufacture 2 Production Capacity, Revenue, Price and Gross Margin (2017-2022)

7.2.4 Manufacture 2 Main Business and Markets Served

7.2.5 Manufacture 2 Recent Developments/Updates

7.3 Manufacture 3

7.3.1 Manufacture 3 Corporation Information

7.3.2 Manufacture 3 Product Portfolio

7.3.3 Manufacture 3 Production Capacity, Revenue, Price and Gross Margin (2017-2022)

7.3.4 Manufacture 3 Main Business and Markets Served

7.3.5 Manufacture 3 Recent Developments/Updates

8 Solar Trackers Manufacturing Cost Analysis

8.1 Key Raw Materials Analysis

8.1.1 Key Raw Materials

8.1.2 Key Suppliers of Raw Materials

8.2 Proportion of Manufacturing Cost Structure

8.3 Manufacturing Process Analysis of Solar Trackers

8.4 Solar Trackers Industrial Chain Analysis

9 Marketing Channel, Distributors and Customers

9.1 Marketing Channel

9.2 Solar Trackers Distributors List

9.3 Solar Trackers Customers

10 Market Dynamics

10.1 Solar Trackers Industry Trends

10.2 Solar Trackers Market Drivers

10.3 Solar Trackers Market Challenges

10.4 Solar Trackers Market Restraints

11 Production and Supply Forecast

11.1 Global Forecasted Production of Solar Trackers by Region (2023-2028)

11.2 North America Solar Trackers Production, Revenue Forecast (2023-2028)

11.3 Europe Solar Trackers Production, Revenue Forecast (2023-2028)

11.4 China Solar Trackers Production, Revenue Forecast (2023-2028)

11.5 Japan Solar Trackers Production, Revenue Forecast (2023-2028)

12 Consumption and Demand Forecast

12.1 Global Forecasted Demand Analysis of Solar Trackers

12.2 North America Forecasted Consumption of Solar Trackers by Country

12.3 Europe Market Forecasted Consumption of Solar Trackers by Country

12.4 Asia Pacific Market Forecasted Consumption of Solar Trackers by Region

12.5 Latin America Forecasted Consumption of Solar Trackers by Country

13 Forecast by Type and by Application (2023-2028)

13.1 Global Production, Revenue and Price Forecast by Type (2023-2028)

13.1.1 Global Forecasted Production of Solar Trackers by Type (2023-2028)

13.1.2 Global Forecasted Revenue of Solar Trackers by Type (2023-2028)

13.1.3 Global Forecasted Price of Solar Trackers by Type (2023-2028)

13.2 Global Forecasted Consumption of Solar Trackers by Application (2023-2028)

13.2.1 Global Forecasted Production of Solar Trackers by Application (2023-2028)

13.2.2 Global Forecasted Revenue of Solar Trackers by Application (2023-2028)

13.2.3 Global Forecasted Price of Solar Trackers by Application (2023-2028)

14 Research Finding and Conclusion

15 Methodology and Data Source

15.1 Methodology/Research Approach

15.1.1 Research Programs/Design

15.1.2 Market Size Estimation

15.1.3 Market Breakdown and Data Triangulation

15.2 Data Source

15.2.1 Secondary Sources

15.2.2 Primary Sources

15.3 Author List

15.4 Disclaimer

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