Solar Tracker Market [By Type (Single Axis Solar Tracker, Dual Axis Solar Tracker); By Application (Residential, Commercial, Utility)], and Geography - Trend, Analysis and Forecast, 2017-2026

Report Summary

The global solar tracker market is expected to gain traction due to increased adoption of solar panels and demand of renewable energy sources. Solar tracker is a device used to follow the movement of the sun’s rotation from the east to the west on a daily basis. The trackers keep the orientation of solar panels directly towards the direction of the sun to increase the energy output. Solar trackers alter their orientation throughout the day in accordance to the sun’s path to maximize energy capture. These trackers enable photovoltaic systems to minimize the angle of incidence between the incoming light and the panel to improve the amount of energy produced. Solar trackers increase the amount of solar energy received by the solar panels, thereby enhancing the energy output. Use of solar trackers improves the output of solar panels by 20-30%. Solar trackers are primarily used for ground-mounted solar panels and large, free-standing solar installations. The different types of solar trackers include single-axis tracker, and dual-axis tracker. A single-axis tracker traverses on one axis of movement and is generally aligned with north and south. A dual-axis tracker enables panels to move on two axes, aligned both north-south and an east-west. This tracker maximizes solar energy collection throughout the year.

Increasing demand for renewable energy sources and government initiatives boosts the Solar Tracker market

预计对可再生能源的需求不断增长，并提高了利用清洁能源的认识将推动市场。全球各国政府正在大幅投入扩展太阳能等可再生资源的发展。政府还提供与太阳能技术集成的建筑建筑的奖励和计划。推动该市场增长的其他因素包括较少的维护和低运营成本。预计新兴经济体的技术进步和日益增长的需求将加速全球太阳能追踪器的采用。

然而，高初始成本妨碍了全球市场的增长。

Global Solar Tracker Market Taxonomy

The global Solar Tracker market is segmented on the basis of type, application, and geography.

By Type

• 单轴太阳能跟踪器
• 双轴太阳能跟踪器

By Application

• 住宅
• 商业
• Utility

地理上，全球太阳能跟踪器市场分为北美，欧洲，亚太地区，拉丁美洲和中东和非洲。

The rising use of solar trackers in the commercial sector and presence of established market players boost the growth in Europe

On the basis of geography, Europe is expected to dominate the global market over forecast period. The dominance of Europe in the global solar tracker market is owing to growing initiatives by governments, and rising awareness regarding use of renewable energy sources. The increasing demand for solar trackers from countries such as UK, Germany, and France supports market growth in the region. Presence of leading players in the region, along with increasing use of solar panels in commercial sector would support market growth during the forecast period.

Key players in the global Solar Tracker Market are

• Array Technologies, Inc.
• Abengoa Solar
• Wuxi Hao Solar Technology Co. Ltd.
• Scorpius Trackers
• All Earth Renewables, Inc
• Titan Tracker
• SunPower Corporation
• Powerway Renewable Energy Co., Ltd.
• nextracker.
• Sun Action Trackers
• Soltec
• Arctech
• Convert Italia
• GameChange Solar
• First Solar, Inc.
• Grupo Clavijo Elt SL
• DEGERenergie GmbH
• MeCasolarEspañaL.