Allied Market Research

2025

Single Axis Solar Tracker Market

Single Axis Solar Tracker Market, by Type (Horizontal Single Axis Trackers (HSAT),Vertical Single Axis Trackers (VSAT)), by Technology (Photovoltaic (PV),Concentrated Solar Power (CSP)), by Application (Residential,Commercial and Industrial,Utility): Global Report opportunity Analysis and Industry Forecast, 2023-2033

SE : Electronic Systems and Devices

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Author's: | Sonia Mutreja
Publish Date:

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Scope of the Study

The report covers a micro-level study of different by residential, by utility. Region wise, the report includes the Single axis solar tracker market trends across North America, Europe, Asia-Pacific, and LAMEA. In addition, the study focuses on the quantitative analysis for Single axis solar tracker market from 2023 to 2032. The CAGR is calculated for 2024, considering all the macro- and micro-economic factors, which impact the growth of the Single axis solar tracker market.

Research Methodology

AMR offers its clients with comprehensive research and analysis based on a wide variety of factual inputs, which majorly include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models refine the data & statistics and enhance the accuracy of our recommendations and advice.

Market Landscape

The study comprises various parameters such as parent/peer market analysis, top player positioning in the base year, Porter’s five force analysis, value chain analysis, impact of government regulations on the market, and market dynamics (drivers, restraints, and opportunities), which directly or indirectly impact the growth of the market.

Key Insights Of Single axis solar tracker market Report

  • AMR helps analyze the value chain of a particular market from all participants perspective.

  • The study includes Porter’s five forces analysis to understand the competitive scenario of the industry and role of each stakeholder.

  • Market dynamics includes drivers, restraints, and opportunities of the market. Drivers state the factors that boost the growth of the market, whereas restraints are likely to hamper the market growth. Opportunities are the factors that act as the catalysts of the market. All these factors, along with data facts, are covered in the study.

  • Parent/peer market analysis helps in understanding the parent market and estimate the share of the Single axis solar tracker market in the parent market. In some cases, it exhibits a comparative share analysis between Single axis solar tracker market and its peer products.

Regional Analysis

The Single axis solar tracker market is analyzed across four key regions, which include North America, Europe, Asia-Pacific, and LAMEA. The key countries contributing toward the growth of the market include:

  • North America: U.S., Canada, and Mexico

  • Europe: Germany, UK, Italy, Spain, France, and rest of Europe

  • Asia-Pacific: India, China, Japan, South Korea, Australia, and rest of Asia-Pacific

  • LAMEA: Brazil, Saudi Arabia, South Africa, and rest of LAMEA

Company Analysis

In the company profiles chapter, the report provides detailed profiles of key market players. Company overview, business overview, operating business segments, product portfolio, global footprint, and recent developments are the key aspects included in the company profiles. Moreover, it helps in understanding the business strategies adopted by the companies. The report further features these companies in the competitive landscape chapter, which covers product/service mapping of top players, competitive dashboard, competitive heatmap. Thus, a comprehensive analysis of the leading and upcoming companies provides a wider preview toward understanding the Single axis solar tracker market.

Key companies identified in the report are SunPower Corporation, Renesola Ltd., SunLink Corp., Arctech Solar, Solar World AG, Astro Energy, Soltec, NEXTracker, Inc., AllEarth Renewables, Canadian Solar Inc.

Key Benefits For Single axis solar tracker market

  • The Single axis solar tracker market analysis covers in-depth information of major industry participants.

  • Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.

  • Major countries have been mapped according to their individual revenue contribution toward the region.

  • The report provides an in-depth analysis of the Single axis solar tracker market during the forecast period (2024 to 2032) with base year as 2022.

  • The report outlines the current market trends and future scenario of the global Single axis solar tracker market to understand the prevailing opportunities and potential investment pockets.

  • The key drivers, restraints, and opportunities and their detailed impact analysis is elucidated in the study.

Single Axis Solar Tracker Market, by Type Report Highlights

Aspects Details
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By Type
  • Horizontal Single Axis Trackers (HSAT)
  • Vertical Single Axis Trackers (VSAT)
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By Technology
  • Photovoltaic (PV)
  • Concentrated Solar Power (CSP)
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By Application
  • Residential
  • Commercial and Industrial
  • Utility
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By Region
  • North America  (U.S., CANADA, MEXICO)
  • Europe  (UK, GERMANY, FRANCE, ITALY, Rest of Europe)
  • Asia-Pacific  (CHINA, JAPAN, INDIA, SOUTH KOREA, Rest of Asia Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
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Key Market Players

Haosolar Co. Ltd, Polar Racking., Trinasolar, PVHardware, Arctech Solar, Array Technologies, Inc., DEGERENERGIE GMBH & CO. KG, Soltec, Nextracker Inc., MECASOLAR

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Single Axis Solar Tracker Market, by Type