Solar Tracker Market to see Rapid Growth by 2028

Solar tracking is the process of producing energy from sunlight. A solar tracker is the device that directs the solar panels, the heliostat mirrors and the Fresnel reflectors towards the sun. These solar trackers are used to capture the maximum amount of solar energy throughout the day and increase the production and efficiency of solar panels. The global solar energy market is being driven by the growing demand for energy around the world. Solar trackers can increase the power of solar panels by 25-35% compared to fixed-angle modules.

Company Profile

• Array Technologies
• PVHardware
• Arctech Solar
• Soltec Trackers
• Nclave renewable
• Convert Italia
• STI Norland
• Gonvarri Steel Services

Market Segmentation

By Technology

• Concentrated Solar Tracker
• Non-Concentrated Solar Tracker

By Type

• Single Axis Tracker
• Double Axis Tracker

By Application

• Residential
• Commercial
• Agricultural

Scope of the Report

The research study analyzes the Solar Tracker Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Solar Tracker Market Report

1. What was the Solar Tracker Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Solar Tracker Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Solar Tracker Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Key Benefits of Buying the Solar Tracker Market Report:

• Comprehensive analysis of the changing competitive landscape.
• Assists in decision making processes for the businesses along with detailed strategic planning methodologies.
• The report offers an 8-year forecast and assessment of the Solar Tracker
• Helps in understanding the key product segments and their estimated growth rate.
• In-depth analysis of market drivers, restraints, trends, and opportunities.
• Comprehensive regional analysis of the Solar Tracker
• Extensive profiling of the key stakeholders of the business sphere.
• Detailed analysis of the factors influencing the growth of the Solar Tracker Market.