According to the research report, the global solar tracker market size is expected to touch USD 64.6 Billion by 2030, from USD 22.72 Billion in 2022, growing with a significant CAGR of 15.6% from 2022 to 2030.
The solar tracker report offers a
comprehensive study of the current state expected at the major drivers, market
strategies, and key vendors’ growth. The report presents energetic visions to
conclude and study the market size, market hopes, and competitive surroundings.
The research also focuses on the important achievements of the market, research
& development, and regional growth of the leading competitors operating in
the market. The current trends of the global solar tracker in conjunction with
the geographical landscape of this vertical have also been included in this
report.
The report offers intricate dynamics about
different aspects of the global solar tracker market, which aids companies
operating in the market in making strategic development decisions. The study
also elaborates on significant changes that are highly anticipated to configure
growth of the global solar tracker during the forecast period. It also includes
a key indicator assessment that highlights growth prospects of this market and
estimates statistics related to growth of the market in terms of value (US$ Mn)
and volume (tons).
Sample
Link @ https://www.precedenceresearch.com/sample/1683
| Report Coverage | Details |
| Market Size by 2030 | USD 64.6 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 15.6% |
| Largest Market | North America |
| Fastest Growing Market | Europe |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | Product, Technology, Type, Application, Geography |
This study covers a detailed segmentation
of the global solar tracker market, along with key information and a
competition outlook. The report mentions company profiles of players that are
currently dominating the global solar tracker market, wherein various
developments, expansions, and winning strategies practiced and implemented by
leading players have been presented in detail.
Key Players
- NEXTracker
- Array Technologies
- Soltec
- Convert Italia
- Arctech Solar
- SunPower
- Sun Action Trackers
- STi Norland
- Scorpius Trackers
- Exosun
Market Segmentation
- Single Axis
- Horizontal
- Vertical
- Polar Aligned
- Titled
- Dual Axis
- Tip-Tilt
- Azimuth-Altitude
By Technology
- Solar Photovoltaic (PV)
- Concentrated Solar Power (CSP)
- Concentrated Photovoltaic (CPV)
By Type
- Active Solar Tracker
- Passive Solar Tracker
By Application
- Utility
- Residential
- Commercial & Industrial
By Geography
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Malaysia
- Philippines
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa (MEA)
- GCC
- North Africa
- South Africa
- Rest of the Middle East & Africa
Research Methodology
The research methodology adopted by
analysts for compiling the global solar tracker report is based on detailed
primary as well as secondary research. With the help of in-depth insights of
the market-affiliated information that is obtained and legitimated by
market-admissible resources, analysts have offered riveting observations and authentic
forecasts for the global market.
During the primary research phase, analysts
interviewed market stakeholders, investors, brand managers, vice presidents,
and sales and marketing managers. Based on data obtained through interviews of
genuine resources, analysts have emphasized the changing scenario of the global
market.
For secondary research, analysts
scrutinized numerous annual report publications, white papers, market
association publications, and company websites to obtain the necessary understanding
of the global solar tracker market.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Solar Tracker Market
5.1. COVID-19 Landscape: Solar Tracker Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Solar Tracker Market, By Product
8.1. Solar Tracker Market, by Product Type, 2022-2030
8.1.1. Single Axis
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Dual Axis
8.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Solar Tracker Market, By Technology
9.1. Solar Tracker Market, by Technology, 2022-2030
9.1.1. Solar Photovoltaic (PV)
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Concentrated Solar Power (CSP)
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Concentrated Photovoltaic (CPV)
9.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Solar Tracker Market, By Type
10.1. Solar Tracker Market, by Type, 2022-2030
10.1.1. Active Solar Tracker
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Passive Solar Tracker
10.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Solar Tracker Market, By Application
11.1. Solar Tracker Market, by Application, 2022-2030
11.1.1. Utility
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Residential
11.1.2.1. Market Revenue and Forecast (2017-2030)
11.1.3. Commercial & Industrial
11.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Solar Tracker Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Product (2017-2030)
12.1.2. Market Revenue and Forecast, by Technology (2017-2030)
12.1.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.1.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.1.5.2. Market Revenue and Forecast, by Technology (2017-2030)
12.1.5.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.1.5.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.1.6.2. Market Revenue and Forecast, by Technology (2017-2030)
12.1.6.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.1.6.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.2. Market Revenue and Forecast, by Technology (2017-2030)
12.2.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.2.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.5.2. Market Revenue and Forecast, by Technology (2017-2030)
12.2.5.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.2.5.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.6.2. Market Revenue and Forecast, by Technology (2017-2030)
12.2.6.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.2.6.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.7.2. Market Revenue and Forecast, by Technology (2017-2030)
12.2.7.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.2.7.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.8.2. Market Revenue and Forecast, by Technology (2017-2030)
12.2.8.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.2.8.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.2. Market Revenue and Forecast, by Technology (2017-2030)
12.3.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.3.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.5.2. Market Revenue and Forecast, by Technology (2017-2030)
12.3.5.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.3.5.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.6.2. Market Revenue and Forecast, by Technology (2017-2030)
12.3.6.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.3.6.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.7.2. Market Revenue and Forecast, by Technology (2017-2030)
12.3.7.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.3.7.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.8.2. Market Revenue and Forecast, by Technology (2017-2030)
12.3.8.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.3.8.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.2. Market Revenue and Forecast, by Technology (2017-2030)
12.4.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.4.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.5.2. Market Revenue and Forecast, by Technology (2017-2030)
12.4.5.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.4.5.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.6.2. Market Revenue and Forecast, by Technology (2017-2030)
12.4.6.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.4.6.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.7.2. Market Revenue and Forecast, by Technology (2017-2030)
12.4.7.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.4.7.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.8.2. Market Revenue and Forecast, by Technology (2017-2030)
12.4.8.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.4.8.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.5.2. Market Revenue and Forecast, by Technology (2017-2030)
12.5.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.5.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.5.5.2. Market Revenue and Forecast, by Technology (2017-2030)
12.5.5.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.5.5.4. Market Revenue and Forecast, by Application Type (2017-2030)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.5.6.2. Market Revenue and Forecast, by Technology (2017-2030)
12.5.6.3. Market Revenue and Forecast, by Type Type (2017-2030)
12.5.6.4. Market Revenue and Forecast, by Application Type (2017-2030)
Chapter 13. Company Profiles
13.1. NEXTracker
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Array Technologies
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Soltec
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Convert Italia
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Arctech Solar
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. SunPower
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Sun Action Trackers
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. STi Norland
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Scorpius Trackers
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Exosun
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
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