Solar Tracker Market
Solar Tracker Market - Global Industry Assessment & Forecast
Segments Covered
- By Technology Solar Photovoltaic (PV), Concentrated Solar Power (CSP), Concentrated Photovoltaic (CPV)
- 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 5.66 Billion |
Revenue 2030: | USD 15.14 Billion |
Revenue CAGR (2023 - 2030): | 13.10% |
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 Solar Tracker Market - Segment Analysis
- Overview
- Global Solar Tracker Market, 2016 - 2028 (USD Million)
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Global Solar Tracker Market - by Technology
- By Solar Photovoltaic (PV)
- By Concentrated Solar Power (CSP)
- By Concentrated Photovoltaic (CPV)
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Global Solar Tracker Market - by Type
- By Single Axis
- By Dual Axis
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Global Solar Tracker Market - by Application
- By Utility
- By Non-Utility
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Global Solar Tracker Market - by region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Market comparative analysis
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North America Solar Tracker Market - Segment Analysis
- Overview
- North America Solar Tracker Market, 2016 - 2028 (USD Million)
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North America Solar Tracker Market, by Technology
- By Solar Photovoltaic (PV)
- By Concentrated Solar Power (CSP)
- By Concentrated Photovoltaic (CPV)
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North America Solar Tracker Market, by Type
- By Single Axis
- By Dual Axis
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North America Solar Tracker Market, by Application
- By Utility
- By Non-Utility
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North America Solar Tracker Market, by Country
- U.S.
- U.S. Solar Tracker Market, By Technology
- By Solar Photovoltaic (PV)
- By Concentrated Solar Power (CSP)
- By Concentrated Photovoltaic (CPV)
- U.S. Solar Tracker Market, By Type
- By Single Axis
- By Dual Axis
- U.S. Solar Tracker Market, By Application
- By Utility
- By Non-Utility
- U.S. Solar Tracker Market, By Technology
- Canada
- Canada Solar Tracker Market, By Technology
- By Solar Photovoltaic (PV)
- By Concentrated Solar Power (CSP)
- By Concentrated Photovoltaic (CPV)
- Canada Solar Tracker Market, By Type
- By Single Axis
- By Dual Axis
- Canada Solar Tracker Market, By Application
- By Utility
- By Non-Utility
- Canada Solar Tracker Market, By Technology
- Mexico
- Mexico Solar Tracker Market, By Technology
- By Solar Photovoltaic (PV)
- By Concentrated Solar Power (CSP)
- By Concentrated Photovoltaic (CPV)
- Mexico Solar Tracker Market, By Type
- By Single Axis
- By Dual Axis
- Mexico Solar Tracker Market, By Application
- By Utility
- By Non-Utility
- Mexico Solar Tracker Market, By Technology
- U.S.
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Europe Solar Tracker Market - Segment Analysis
- Overview
- Europe Solar Tracker Market, 2016 - 2028 (USD Million)
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Europe Solar Tracker Market, by Technology
- By Solar Photovoltaic (PV)
- By Concentrated Solar Power (CSP)
- By Concentrated Photovoltaic (CPV)
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Europe Solar Tracker Market, by Type
- By Single Axis
- By Dual Axis
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Europe Solar Tracker Market, by Application
- By Utility
- By Non-Utility
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Europe Solar Tracker Market, by Country
- Germany
- Germany Solar Tracker Market, By Technology
- By Solar Photovoltaic (PV)
- By Concentrated Solar Power (CSP)
- By Concentrated Photovoltaic (CPV)
- Germany Solar Tracker Market, By Type
- By Single Axis
- By Dual Axis
- Germany Solar Tracker Market, By Application
- By Utility
- By Non-Utility
- Germany Solar Tracker Market, By Technology
- UK
- UK Market, By Technology
- By Solar Photovoltaic (PV)
- By Concentrated Solar Power (CSP)
- By Concentrated Photovoltaic (CPV)
- UK Market, By Type
- By Single Axis
- By Dual Axis
- UK Market, By Application
- By Utility
- By Non-Utility
- UK Market, By Technology
- France
- France Solar Tracker Market, By Technology
- By Solar Photovoltaic (PV)
- By Concentrated Solar Power (CSP)
- By Concentrated Photovoltaic (CPV)
- France Solar Tracker Market, By Type
- By Single Axis
- By Dual Axis
- France Solar Tracker Market, By Application
- By Utility
- By Non-Utility
- France Solar Tracker Market, By Technology
- Spain
- Spain Solar Tracker Market, By Technology
- By Solar Photovoltaic (PV)
- By Concentrated Solar Power (CSP)
- By Concentrated Photovoltaic (CPV)
- Spain Solar Tracker Market, By Type
- By Single Axis
- By Dual Axis
- Spain Solar Tracker Market, By Application
- By Utility
- By Non-Utility
- Spain Solar Tracker Market, By Technology
- Italy
- Italy Solar Tracker Market, By Technology
- By Solar Photovoltaic (PV)
- By Concentrated Solar Power (CSP)
- By Concentrated Photovoltaic (CPV)
- Italy Solar Tracker Market, By Type
- By Single Axis
- By Dual Axis
- Italy Solar Tracker Market, By Application
- By Utility
- By Non-Utility
- Italy Solar Tracker Market, By Technology
- BENELUX
- BENELUX Solar Tracker Market, By Technology
- By Solar Photovoltaic (PV)
- By Concentrated Solar Power (CSP)
- By Concentrated Photovoltaic (CPV)
- BENELUX Solar Tracker Market, By Type
- By Single Axis
- By Dual Axis
- BENELUX Solar Tracker Market, By Application
- By Utility
- By Non-Utility
- BENELUX Solar Tracker Market, By Technology
- Rest of Europe
- Rest Of Europe Solar Tracker Market, By Technology
- By Solar Photovoltaic (PV)
- By Concentrated Solar Power (CSP)
- By Concentrated Photovoltaic (CPV)
- Rest Of Europe Solar Tracker Market, By Type
- By Single Axis
- By Dual Axis
- Rest Of Europe Solar Tracker Market, By Application
- By Utility
- By Non-Utility
- Rest Of Europe Solar Tracker Market, By Technology
- Germany
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Asia Pacific Solar Tracker Market - Segment Analysis
- Overview
- Asia Pacific Solar Tracker Market, 2016 - 2028 (USD Million)
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Asia Pacific Solar Tracker Market, by Technology
- By Solar Photovoltaic (PV)
- By Concentrated Solar Power (CSP)
- By Concentrated Photovoltaic (CPV)
-
Asia Pacific Solar Tracker Market, by Type
- By Single Axis
- By Dual Axis
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Asia Pacific Solar Tracker Market, by Application
- By Utility
- By Non-Utility
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Asia Pacific Solar Tracker Market, by Country
- China
- China Solar Tracker Market, By Technology
- By Solar Photovoltaic (PV)
- By Concentrated Solar Power (CSP)
- By Concentrated Photovoltaic (CPV)
- China Solar Tracker Market, By Type
- By Single Axis
- By Dual Axis
- China Solar Tracker Market, By Application
- By Utility
- By Non-Utility
- China Solar Tracker Market, By Technology
- Japan
- Japan Solar Tracker Market, By Technology
- By Solar Photovoltaic (PV)
- By Concentrated Solar Power (CSP)
- By Concentrated Photovoltaic (CPV)
- Japan Solar Tracker Market, By Type
- By Single Axis
- By Dual Axis
- Japan Solar Tracker Market, By Application
- By Utility
- By Non-Utility
- Japan Solar Tracker Market, By Technology
- India
- India Solar Tracker Market, By Technology
- By Solar Photovoltaic (PV)
- By Concentrated Solar Power (CSP)
- By Concentrated Photovoltaic (CPV)
- India Solar Tracker Market, By Type
- By Single Axis
- By Dual Axis
- India Solar Tracker Market, By Application
- By Utility
- By Non-Utility
- India Solar Tracker Market, By Technology
- South Korea
- South Korea Solar Tracker Market, By Technology
- By Solar Photovoltaic (PV)
- By Concentrated Solar Power (CSP)
- By Concentrated Photovoltaic (CPV)
- South Korea Solar Tracker Market, By Type
- By Single Axis
- By Dual Axis
- South Korea Solar Tracker Market, By Application
- By Utility
- By Non-Utility
- South Korea Solar Tracker Market, By Technology
- South East Asia
- South East Asia Solar Tracker Market, By Technology
- By Solar Photovoltaic (PV)
- By Concentrated Solar Power (CSP)
- By Concentrated Photovoltaic (CPV)
- South East Asia Solar Tracker Market, By Type
- By Single Axis
- By Dual Axis
- South East Asia Solar Tracker Market, By Application
- By Utility
- By Non-Utility
- South East Asia Solar Tracker Market, By Technology
- Rest of Asia Pacific
- Rest of Asia Pacific Solar Tracker Market, By Technology
- By Solar Photovoltaic (PV)
- By Concentrated Solar Power (CSP)
- By Concentrated Photovoltaic (CPV)
- Rest of Asia Pacific Solar Tracker Market, By Type
- By Single Axis
- By Dual Axis
- Rest of Asia Pacific Solar Tracker Market, By Application
- By Utility
- By Non-Utility
- Rest of Asia Pacific Solar Tracker Market, By Technology
- China
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Latin America Solar Tracker Market - Segment Analysis
- Overview
- Latin America Solar Tracker Market, 2016 - 2028 (USD Million)
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Latin America Solar Tracker Market, by Technology
- By Solar Photovoltaic (PV)
- By Concentrated Solar Power (CSP)
- By Concentrated Photovoltaic (CPV)
-
Latin America Solar Tracker Market, by Type
- By Single Axis
- By Dual Axis
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Latin America Solar Tracker Market, by Application
- By Utility
- By Non-Utility
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Latin America Solar Tracker Market, by Country
- Brazil
- Brazil Solar Tracker Market, By Technology
- By Solar Photovoltaic (PV)
- By Concentrated Solar Power (CSP)
- By Concentrated Photovoltaic (CPV)
- Brazil Solar Tracker Market, By Type
- By Single Axis
- By Dual Axis
- Brazil Solar Tracker Market, By Application
- By Utility
- By Non-Utility
- Brazil Solar Tracker Market, By Technology
- Argentina
- Argentina Solar Tracker Market, By Technology
- By Solar Photovoltaic (PV)
- By Concentrated Solar Power (CSP)
- By Concentrated Photovoltaic (CPV)
- Argentina Solar Tracker Market, By Type
- By Single Axis
- By Dual Axis
- Argentina Solar Tracker Market, By Application
- By Utility
- By Non-Utility
- Argentina Solar Tracker Market, By Technology
- Rest of Latin America
- Rest of Latin America Solar Tracker Market, By Technology
- By Solar Photovoltaic (PV)
- By Concentrated Solar Power (CSP)
- By Concentrated Photovoltaic (CPV)
- Rest of Latin America Solar Tracker Market, By Type
- By Single Axis
- By Dual Axis
- Rest of Latin America Solar Tracker Market, By Application
- By Utility
- By Non-Utility
- Rest of Latin America Solar Tracker Market, By Technology
- Brazil
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Middle East & Africa Solar Tracker Market - Segment Analysis
- Overview
- Middle East & Africa Solar Tracker Market, 2016 - 2028 (USD Million)
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Middle East & Africa Solar Tracker Market, by Technology
- By Solar Photovoltaic (PV)
- By Concentrated Solar Power (CSP)
- By Concentrated Photovoltaic (CPV)
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Middle East & Africa Solar Tracker Market, by Type
- By Single Axis
- By Dual Axis
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Middle East & Africa Solar Tracker Market, by Application
- By Utility
- By Non-Utility
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Middle East & Africa Solar Tracker Market, by Country
- GCC Countries
- GCC Countries Solar Tracker Market, By Technology
- By Solar Photovoltaic (PV)
- By Concentrated Solar Power (CSP)
- By Concentrated Photovoltaic (CPV)
- GCC Countries Solar Tracker Market, By Type
- By Single Axis
- By Dual Axis
- GCC Countries Solar Tracker Market, By Application
- By Utility
- By Non-Utility
- GCC Countries Solar Tracker Market, By Technology
- South Africa
- South Africa Solar Tracker Market, By Technology
- By Solar Photovoltaic (PV)
- By Concentrated Solar Power (CSP)
- By Concentrated Photovoltaic (CPV)
- South Africa Solar Tracker Market, By Type
- By Single Axis
- By Dual Axis
- South Africa Solar Tracker Market, By Application
- By Utility
- By Non-Utility
- South Africa Solar Tracker Market, By Technology
- Rest of Middle East & Africa
- Rest of Middle East & Africa Solar Tracker Market, By Technology
- By Solar Photovoltaic (PV)
- By Concentrated Solar Power (CSP)
- By Concentrated Photovoltaic (CPV)
- Rest of Middle East & Africa Solar Tracker Market, By Type
- By Single Axis
- By Dual Axis
- Rest of Middle East & Africa Solar Tracker Market, By Application
- By Utility
- By Non-Utility
- Rest of Middle East & Africa Solar Tracker Market, By Technology
- 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
- AllEarth Renewables
- DEGERenergie GmbH & Co. KG
- Array Technologies Inc.
- Abengoa Solar S.A.
- SunPower Corporation
- Trina Solar Limited
- Nclave
- Soltec Tracker
- Titan Tracker
- Powerway Renewable Energy Co. Ltd.
- Energia Ercam SL
- Mecasolar España SL
- First Solar Inc.
- Arctech Solar Holding Co. Ltd.
- Sun Action Trackers
- NEXTracker Inc.
- 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 Solar Tracker in terms of revenue?
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The global Solar Tracker valued at USD 5.66 Billion in 2022 and is expected to reach USD 15.14 Billion in 2030 growing at a CAGR of 13.10%.
Which are the prominent players in the market?
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The prominent players in the market are AllEarth Renewables, DEGERenergie GmbH & Co. KG, Array Technologies Inc., Abengoa Solar S.A., SunPower Corporation, Trina Solar Limited, Nclave, Soltec Tracker, Titan Tracker, Powerway Renewable Energy Co. Ltd., Energia Ercam SL, Mecasolar España SL, First Solar Inc., Arctech Solar Holding Co. Ltd., Sun Action Trackers, NEXTracker Inc..
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 13.10% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Solar Tracker include
- Growing focus on utility scale projects
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Solar Tracker in 2022.