Global Solar Tracker Market provides a detailed analysis of the market along with growth rate and market size based on driving factors and industry dynamics. The report covers the comprehensive analysis of the market on the basis of current and future industry trends, market scope, and opportunities. The report also includes a clear insight about the prominent factors which are witnessed in market growth during the forecast period.
“Solar trackers are systems that help positioning of solar panels at an angle absolute to the sun. A solar tracker is commonly used to position a solar panel which is perpendicular to the sun’s ray at the same time, and place as telescopes so that they can determine the direction of sun in a correct manner. A single axis solar tracker system is a method wherein the solar panel tracks the sunlight from east to west along a single pivot point to rotate.”
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Solar Tracker Market: Key Players are Array Technologies Inc., Arctech Solar, NEXTracker Inc., Convert Italia SpA, Soltec, Mahindra Susten, SunPower Corporation, Game Change Solar and First Solar.
The research study covers the leading vendors of the solar tracker industry based on organization’s synopsis, company profiles, market revenue, financial study, and several opportunities. The global solar tracker market is segmented based on the technology, product, application, and geographical regions. By product type, the market is categorized into single and dual axis. Among these, the single axis segment was accounted for largest solar tracker market share in 2015. The rising use of single trackers for residential as well as commercial applications is expected to drive the market demand.
The Global Solar Tracker Market size is expected to reach to 39GW capacity by the end of 2025. Increasing awareness about sustainable & renewable sources of energy coupled with numerous government initiatives and demand & supply gap, a worldwide power shift to solar energy is underway driving the growth of the market during the forecast period. The market is classified as utility and nonutility. Based on technology, the market is sub-segmented into CSP, CPV, and solar PV. Among these, the photovoltaic segment was accounted for the largest share of 75% in terms of revenue.
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Global Solar Tracker Market is sub-segmented into Latin America, North America, Europe, Asia-Pacific, and MEA. Europe is dominated for the largest global solar tracker market share in the worldwide market. Furthermore, the Asia-Pacific region is anticipated to be the fastest-growing market during the prediction period. The region is projected to grow courtesy of increasing investment in renewable energy by nations such as Japan, India, and china. The developing economies of Asia-Pacific have been growing their energy infrastructure to meet the growing demand for power.
Get the access of more information through our blog, white paper and Case study:
1. White Paper on "Solar Tracking Applications Shinning Bright”
Solar trackers adjust the direction of the solar panels according to the movement of the sun. This paper discusses the standard process of how solar tracking applications operates along with an in-depth understanding about the two major types of solar tracking application i.e. single axis and dual axis along with tracking systems, tracking components and tracking control algorithm.
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2. Blogs on " Solar Trackers - A Guide To Select The Best Fit”:
Solar trackers are systems that help in positioning an object at an angle absolute to the sun. A solar tracker is commonly used to position a solar panel which is perpendicular to the sun’s ray at the same time, and place telescopes so that they can determine the direction of sun in a correct manner.
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https://adroitmarketresearch.com/blogs/solar-trackers-a-guide-to-select-the-best-fit
3. Case Study on “Expanding The Service Life And Equalizing The Pressure Of The Solar Tracking System@
This case study highlights details regarding single and dual axis solar tracking systems and also reasons as to why we fail address the key errors of temperature fluctuations related to solar trackers. This case study also focuses on some crucial cases faced by Dunkermotoren, a German subsidiary of the American group Ametek in the division of Advanced Motion Solutions as they experimented several venting options to eradicate potential seal failure due to pressure differentials.
Browse the full case study on: https://adroitmarketresearch.com/case-studies/expanding-the-service-life-and-equalizing-the-pressure-of-the-solar-tracking-system
Video Link: http://www.youtube.com/embed/8qAHDH61CWk
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Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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