Solar Trackers Market 2022 Driven by Key Players and Regions Forecast
Solar trackers are devices that increase the energy production and lowers levelized cost of electricity.
Solar trackers are devices that increase the energy production and lowers levelized cost of electricity.
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Increased cost of electricity on account of depleting non-renewable sources is expected to boost the market for PV<br />
installation systems in households plus commercial applications. <strong>Solar</strong> tracker is widely used in the various application<br />
areas like utility <strong>and</strong> non-utility. Government incentive schemes <strong>and</strong> Feed-in-tariffs (FIT) is anticipated to fuel the<br />
market growth in the coming years. On the basis of technology, the global solar tracker industry is segmented into<br />
solar photovoltaic (PV), concentrated photovoltaic (CPV), concentrated solar power (CSP) <strong>and</strong> so on. On the basis of<br />
product, the global solar tracker market is segmented into single axis <strong>and</strong> dual axis.<br />
U.S. solar tracker industry share was over 4 GW <strong>and</strong> is predicted to witness substantiate growth due to various financial<br />
supports <strong>and</strong> incentives introduced <strong>by</strong> government to encourage deployment of renewable technologies. For Europe,<br />
Germany solar tracker industry share was accounted for 9 % of regional volume <strong>and</strong> will witness considerable growth<br />
owing to involvement of various energy policies including certification programs for RES-H installation <strong>and</strong> rising<br />
awareness regarding benefits of solar systems. In Germany, market premium scheme support the electricity generated<br />
from renewable resource.<br />
Increasing electricity dem<strong>and</strong> coupled with growing infrastructure development will drive the China solar tracker<br />
market share during the forecast period. Growing investment to generate clean fuel electricity will further complement<br />
the regional business growth.The global key players in solar tracker industry are All Earth <strong>Solar</strong>, First <strong>Solar</strong>, Deger,<br />
Haosolar Co. Ltd., Mecasolar Espana SL, Abengoa <strong>Solar</strong> S.A., AllEarth Renewables, Array Technologies Inc.,<br />
DEGERenergie GmbH & Co. KG, Energia Ercam, Powerway Renewable Energy Co. Ltd., Mechatron, SunPower<br />
Corporation, Titan Tracker SL, SmartTrak <strong>Solar</strong> Systems Pvt. Ltd., Soitec, CM Tracker <strong>and</strong> Optimum Tracker.<br />
Get a Sample Copy of This Report @<br />
https://www.millioninsights.com/industry-reports/solar-tracker-market/request-sample<br />
<strong>Market</strong> Segment <strong>by</strong> <strong>Regions</strong>, this report splits Global into several key <strong>Regions</strong>, with production, consumption,<br />
revenue, market share <strong>and</strong> growth rate of <strong>Solar</strong> <strong>Trackers</strong> in these regions, from 2011 to 2021 (forecast), like<br />
• North America<br />
• Europe<br />
• China<br />
• Japan<br />
• Southeast Asia<br />
• India<br />
See More Reports of This Category <strong>by</strong> Million Insights @<br />
https://www.millioninsights.com/industry/renewable-energy
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