PV Trackers Market
PV Trackers Market - Global Industry Assessment & Forecast
Segments Covered
- By Type Single-Axis, Dual-Axis
- By Application Utility, Non-utility
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 2.1 Billion |
Revenue 2030: | USD 7.64 Billion |
Revenue CAGR (2023 - 2030): | 17.5% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
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Executive Dashboard
- Strategic Imperatives
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Premium Insights
- Top 3 Trends to Watch
- Demand and Supply Trends
- Top 3 Strategies Followed by Major Players
- Top 3 Predictions by Vantage Market Research
- Top Investment Pockets
- Insights from Primary Respondents
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Global PV Trackers Market - Segment Analysis
- Overview
- Global PV Trackers Market, 2016 - 2028 (USD Million)
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Global PV Trackers Market - by Type
- By Single-Axis
- By Dual-Axis
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Global PV Trackers Market - by Application
- By Utility
- By Non-utility
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Global PV Trackers Market - by region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Market comparative analysis
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North America PV Trackers Market - Segment Analysis
- Overview
- North America PV Trackers Market, 2016 - 2028 (USD Million)
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North America PV Trackers Market, by Type
- By Single-Axis
- By Dual-Axis
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North America PV Trackers Market, by Application
- By Utility
- By Non-utility
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North America PV Trackers Market, by Country
- U.S.
- U.S. PV Trackers Market, By Type
- By Single-Axis
- By Dual-Axis
- U.S. PV Trackers Market, By Application
- By Utility
- By Non-utility
- U.S. PV Trackers Market, By Type
- Canada
- Canada PV Trackers Market, By Type
- By Single-Axis
- By Dual-Axis
- Canada PV Trackers Market, By Application
- By Utility
- By Non-utility
- Canada PV Trackers Market, By Type
- Mexico
- Mexico PV Trackers Market, By Type
- By Single-Axis
- By Dual-Axis
- Mexico PV Trackers Market, By Application
- By Utility
- By Non-utility
- Mexico PV Trackers Market, By Type
- U.S.
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Europe PV Trackers Market - Segment Analysis
- Overview
- Europe PV Trackers Market, 2016 - 2028 (USD Million)
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Europe PV Trackers Market, by Type
- By Single-Axis
- By Dual-Axis
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Europe PV Trackers Market, by Application
- By Utility
- By Non-utility
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Europe PV Trackers Market, by Country
- Germany
- Germany PV Trackers Market, By Type
- By Single-Axis
- By Dual-Axis
- Germany PV Trackers Market, By Application
- By Utility
- By Non-utility
- Germany PV Trackers Market, By Type
- UK
- UK Market, By Type
- By Single-Axis
- By Dual-Axis
- UK Market, By Application
- By Utility
- By Non-utility
- UK Market, By Type
- France
- France PV Trackers Market, By Type
- By Single-Axis
- By Dual-Axis
- France PV Trackers Market, By Application
- By Utility
- By Non-utility
- France PV Trackers Market, By Type
- Spain
- Spain PV Trackers Market, By Type
- By Single-Axis
- By Dual-Axis
- Spain PV Trackers Market, By Application
- By Utility
- By Non-utility
- Spain PV Trackers Market, By Type
- Italy
- Italy PV Trackers Market, By Type
- By Single-Axis
- By Dual-Axis
- Italy PV Trackers Market, By Application
- By Utility
- By Non-utility
- Italy PV Trackers Market, By Type
- BENELUX
- BENELUX PV Trackers Market, By Type
- By Single-Axis
- By Dual-Axis
- BENELUX PV Trackers Market, By Application
- By Utility
- By Non-utility
- BENELUX PV Trackers Market, By Type
- Rest of Europe
- Rest Of Europe PV Trackers Market, By Type
- By Single-Axis
- By Dual-Axis
- Rest Of Europe PV Trackers Market, By Application
- By Utility
- By Non-utility
- Rest Of Europe PV Trackers Market, By Type
- Germany
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Asia Pacific PV Trackers Market - Segment Analysis
- Overview
- Asia Pacific PV Trackers Market, 2016 - 2028 (USD Million)
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Asia Pacific PV Trackers Market, by Type
- By Single-Axis
- By Dual-Axis
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Asia Pacific PV Trackers Market, by Application
- By Utility
- By Non-utility
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Asia Pacific PV Trackers Market, by Country
- China
- China PV Trackers Market, By Type
- By Single-Axis
- By Dual-Axis
- China PV Trackers Market, By Application
- By Utility
- By Non-utility
- China PV Trackers Market, By Type
- Japan
- Japan PV Trackers Market, By Type
- By Single-Axis
- By Dual-Axis
- Japan PV Trackers Market, By Application
- By Utility
- By Non-utility
- Japan PV Trackers Market, By Type
- India
- India PV Trackers Market, By Type
- By Single-Axis
- By Dual-Axis
- India PV Trackers Market, By Application
- By Utility
- By Non-utility
- India PV Trackers Market, By Type
- South Korea
- South Korea PV Trackers Market, By Type
- By Single-Axis
- By Dual-Axis
- South Korea PV Trackers Market, By Application
- By Utility
- By Non-utility
- South Korea PV Trackers Market, By Type
- South East Asia
- South East Asia PV Trackers Market, By Type
- By Single-Axis
- By Dual-Axis
- South East Asia PV Trackers Market, By Application
- By Utility
- By Non-utility
- South East Asia PV Trackers Market, By Type
- Rest of Asia Pacific
- Rest of Asia Pacific PV Trackers Market, By Type
- By Single-Axis
- By Dual-Axis
- Rest of Asia Pacific PV Trackers Market, By Application
- By Utility
- By Non-utility
- Rest of Asia Pacific PV Trackers Market, By Type
- China
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Latin America PV Trackers Market - Segment Analysis
- Overview
- Latin America PV Trackers Market, 2016 - 2028 (USD Million)
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Latin America PV Trackers Market, by Type
- By Single-Axis
- By Dual-Axis
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Latin America PV Trackers Market, by Application
- By Utility
- By Non-utility
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Latin America PV Trackers Market, by Country
- Brazil
- Brazil PV Trackers Market, By Type
- By Single-Axis
- By Dual-Axis
- Brazil PV Trackers Market, By Application
- By Utility
- By Non-utility
- Brazil PV Trackers Market, By Type
- Argentina
- Argentina PV Trackers Market, By Type
- By Single-Axis
- By Dual-Axis
- Argentina PV Trackers Market, By Application
- By Utility
- By Non-utility
- Argentina PV Trackers Market, By Type
- Rest of Latin America
- Rest of Latin America PV Trackers Market, By Type
- By Single-Axis
- By Dual-Axis
- Rest of Latin America PV Trackers Market, By Application
- By Utility
- By Non-utility
- Rest of Latin America PV Trackers Market, By Type
- Brazil
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Middle East & Africa PV Trackers Market - Segment Analysis
- Overview
- Middle East & Africa PV Trackers Market, 2016 - 2028 (USD Million)
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Middle East & Africa PV Trackers Market, by Type
- By Single-Axis
- By Dual-Axis
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Middle East & Africa PV Trackers Market, by Application
- By Utility
- By Non-utility
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Middle East & Africa PV Trackers Market, by Country
- GCC Countries
- GCC Countries PV Trackers Market, By Type
- By Single-Axis
- By Dual-Axis
- GCC Countries PV Trackers Market, By Application
- By Utility
- By Non-utility
- GCC Countries PV Trackers Market, By Type
- South Africa
- South Africa PV Trackers Market, By Type
- By Single-Axis
- By Dual-Axis
- South Africa PV Trackers Market, By Application
- By Utility
- By Non-utility
- South Africa PV Trackers Market, By Type
- Rest of Middle East & Africa
- Rest of Middle East & Africa PV Trackers Market, By Type
- By Single-Axis
- By Dual-Axis
- Rest of Middle East & Africa PV Trackers Market, By Application
- By Utility
- By Non-utility
- Rest of Middle East & Africa PV Trackers Market, By Type
- GCC Countries
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Key Market Dynamics
- Introduction
- Market Drivers
- Market Restraints
- Market Opportunities
- Porter's Five Forces Analysis
- PEST Analysis
- Regulatory Landscape
- Technology Landscape
- Regional Market Trends
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COVID 19 Impact Analysis
- Key strategies undertaken by companies to tackle COVID-19
- Short term dynamics
- Long term dynamics
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Marketing Stratagy Analysis
- Marketing Channel
- Direct Marketing
- Indirect Marketing
- Marketing Channel Development Trends
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Competative Landscape
- Competition Matrix - 2021
- Company Market Share Analysis - 2021
- Key Company Activities, 2018 - 2021
- Strategic Developments - Heat Map Analysis
- Company Offering Evaluation
- Company Regional Presence Evaluation
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Company Profiles
- Convert Italia
- Solar Steel
- STi Norland
- SunLink
- NEXTracker
- Arctech Solar
- First Solar
- Scorpius Trackers
- SunPower
- PV Hardware
- Ideematec
- Mahindra Susten
- Grupo Clavijo
- NClave
- Soltec
- Sun Action Trackers
- Exosun.
- Key Primary Respondents - VERBATIM
- Discussion Guide
- Customization Offered
- Annexure
- List of Figures
- List of Tables
- List of Abbreviations
FAQ
Frequently Asked Question
What is the global demand for PV Trackers in terms of revenue?
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The global PV Trackers valued at USD 2.1 Billion in 2022 and is expected to reach USD 7.64 Billion in 2030 growing at a CAGR of 17.5%.
Which are the prominent players in the market?
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The prominent players in the market are Convert Italia, Solar Steel, STi Norland, SunLink, NEXTracker, Arctech Solar, First Solar, Scorpius Trackers, SunPower, PV Hardware, Ideematec, Mahindra Susten, Grupo Clavijo, NClave, Soltec, Sun Action Trackers, Exosun..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 17.5% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the PV Trackers include
- Rising Solar Installations
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the PV Trackers in 2022.