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Solar Tracker Installation Market by Type (Single Axis and Dual Axis) and End-Use Industry (Residential, Commercial, and Industrial): Global Opportunity Analysis and Industry Forecast, 2019–2026

A05955
Pages: 233
Jan 2020 | 2493 Views
 
Author(s) : Ayushi Choudhary , Eswara Prasad
Tables: 154
Charts: 51
 

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Solar Tracker Installation Market Outlook - 2026

The global solar tracker installation market was valued at $162.7 billion in 2018 and is projected to reach $379.2 billion by 2026, growing at a CAGR of 11.1% from 2019 to 2026. A solar tracker is a device meant to turn the photovoltaic modules in such a way that it continuously faces the sun. This is done to maximize the irradiation received by the photovoltaic array.

Solar tracker installation market growth is driven by supportive government regulations that are escalating the installment of solar panels. The impact of government regulation on the global solar tracker installation market is positive. These regulations are motivating the installation of solar panels. In the U.S., China, and other countries, solar investments have been motivated mainly by the requirements of states’ renewable electricity standards. Solar projects also get assistance from federal incentives such as the federal investment tax credit, which enables to cover 30% of the initial costs. Solar projects built in the Western U.S. on federal lands are benefitting by state and federal agencies that coordinate in studies and agree on investments that are related to reduce environmental impacts. 

Solar Tracker Installation Market

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Source: AMR analysis

According to the International Energy Agency, the share of renewable energy to meet the global energy demand is predicted to grow in the next five years to reach 12.4% in 2023. Renewable energy is derived from natural processes such as wind and sunlight. Solar, geothermal, wind, bioenergy, hydropower, and ocean power are some of the major sources of renewable energy. Currently, renewable energy is utilized in heating, electricity, cooling, and transport sectors. Furthermore, increase in concerns regarding greenhouse gases emissions and growth in need for energy security are expected to drive the demand for solar energy. Therefore, the demand for solar tracker installation is also expected to increase. This in turn will boost the growth of the global solar tracker installation market.

Developing new renewable resources require large initial investments to build infrastructure. These investments increase the cost of providing renewable electricity, especially during early years. Initially, the developers need to find publicly acceptable sites with good resources and with access to transmission lines. Finding a potential solar site requires several years of monitoring to determine whether they are suitable. In addition, the workers need to be trained to install, operate, and maintain the new technologies. Some renewables require operating experiences in certain climatic conditions, before the performance can be optimized. All these factors increase the cost of installing solar panels. This high cost is expected to hamper the market growth as it limits the use of solar trackers.

Based on type, the solar tracker installation market analysis is done into single-axis and dual-axis tracker. The single-axis tracker segment is further divided into horizontal and vertical tracker. Single axis trackers turn on one axis moving back and forth in a solitary way. Various kinds of single-pivot trackers are used, and this include horizontally and vertically adjusted. Double axis trackers move in two distinct ways. Types incorporate tip-tilt and azimuth-altitude. A double axis tracker is used to situating a mirror and divert daylight along a fixed axis toward a stationary collector. Since these trackers pursue the sun vertically and on a level plane, they help acquire most sunlight. Hence, based on type, the global solar tracker installation market is segmented into single axis and dual axis tracker.

Solar Tracker Installation Market
By Type

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Dual Axis is projected as the fastest growing segment.

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Based on application, the global solar tracker installation market is segmented into residential, commercial, and industrial. In these applications, solar trackers are utilized to orient photovoltaic panels, reflectors, lenses, or other optical devices toward the sun. As the sun's position in the sky shifts based on season, trackers are employed to align the collection system to maximize energy production. Region wise, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA. 

Solar Tracker Installation Market
By End-User Industry

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Industrial segment is projected as the fastest growing segment.

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The key players involved in the global solar tracker installation industry include Abengoa SE, First Solar, Inc., Tata Power Solar Systems Limited, Trina Solar Co. Ltd., BrightSource Energy, Inc., Siemens AG, PVHardware, Arctech Solar, and NEXTracker. In order to stay competitive in the industry, these market players are adopting different strategies such as product launch, partnership, merger, and acquisition. These companies are additionally implementing a R&D in solar tracker output and performance to maintain their position in the market. In an instance, PVHardware, one of the key players in the solar tracker installation market, developed a product named Axone duo (double row solar tracker), which draws a cutting-edge technology and photovoltaic tradition. This results in a tracker with better balance of controllers.

Solar Tracker Installation Market
By Region

2026
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific would exhibit a CAGR of 10.8% during 2019-2026.

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Key Benefits for Stakeholders:

  • Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for building strategies. 
  • It outlines the current trends and future scenario of the solar tracker installation market size from 2018 to 2025 to understand the prevailing opportunities and potential investment pockets.
  • Major countries in four major regions, namely, North America, Asia-Pacific, Europe, and LAMEA have been mapped according to their individual revenue contribution in the solar tracker installation market share at regional and country level.
  • The solar tracker installation market trends such as drivers, restraints, and opportunities and their detailed impact analysis is elucidated in the study.
  • The profiles of key players along with their contribution in market growth are enlisted in the report.
  • The solar tracker installation market forecast is studied from the 2019-2026 year. 

Key Market Segments:

By Type

  • Single axis
  • Horizontal
  • Vertical
  • Dual axis

By End-Use Industry

  • Residential
  • Commercial
  • Industrial

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Spain
    • Italy
    • UK
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA

Key Players

  • Abengoa SE
  • First Solar, Inc.
  • Tata Power Solar Systems Limited
  • Trina Solar Co. Ltd.
  • BrightSource Energy, Inc.
  • Siemens AG
  • PVHardware
  • Arctech Solar
  • NEXTracker
  • Scorpius Trackers
 

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders:
1.3. Key market segments
1.4. Research methodology

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. Key findings

2.1.1. Top investment pockets

2.2. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key forces shaping Solar Tracker Installation market
3.3. Market evolution/Industry roadmap
3.4. Impact of government regulations on the global Solar Tracker Installation market
3.5. Patent Analysis

3.5.1. By Region (2012-2017)

3.6. Case studies

3.6.1. Case Study 01

3.7. Market dynamics

3.7.1. Drivers

3.7.1.1. Growth in demand for renewable energy
3.7.1.2. Boost in the demand for solar energy from emerging economies

3.7.2. Restraint

3.7.2.1. Huge Investments

3.7.3. Opportunity

3.7.3.1. Rise in government initiatives and programs

CHAPTER 4: SOLAR TRACKER INSTALLATION MARKET, BY TYPE

4.1. Overview
4.2. Single axis

4.2.1. Key market trends, growth factors and opportunities
4.2.2. Horizontal
4.2.3. Vertical
4.2.4. Market size and forecast, by region
4.2.5. Market analysis by country

4.3. Dual axis

4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country

CHAPTER 5: SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION

5.1. Overview
5.2. Residential

5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis by country

5.3. Commercial

5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis by country

5.4. Industrial

5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis by country

CHAPTER 6: SOLAR TRACKER INSTALLATION MARKET, BY REGION

6.1. Overview
6.2. North America

6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by type
6.2.3. Market size and forecast, by application
6.2.4. Market analysis by country

6.2.4.1. US

6.2.4.1.1. Market size and forecast, by type
6.2.4.1.2. Market size and forecast, by application

6.2.4.2. Canada

6.2.4.2.1. Market size and forecast, by type
6.2.4.2.2. Market size and forecast, by application

6.2.4.3. Mexico

6.2.4.3.1. Market size and forecast, by type
6.2.4.3.2. Market size and forecast, by application

6.3. Europe

6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by type
6.3.3. Market size and forecast, by application
6.3.4. Market analysis by country

6.3.4.1. Germany

6.3.4.1.1. Market size and forecast, by type
6.3.4.1.2. Market size and forecast, by application

6.3.4.2. UK

6.3.4.2.1. Market size and forecast, by type
6.3.4.2.2. Market size and forecast, by application

6.3.4.3. France

6.3.4.3.1. Market size and forecast, by type
6.3.4.3.2. Market size and forecast, by application

6.3.4.4. Spain

6.3.4.4.1. Market size and forecast, by type
6.3.4.4.2. Market size and forecast, by application

6.3.4.5. Italy

6.3.4.5.1. Market size and forecast, by type
6.3.4.5.2. Market size and forecast, by application

6.3.4.6. Rest of Europe

6.3.4.6.1. Market size and forecast, by type
6.3.4.6.2. Market size and forecast, by application

6.4. Asia-Pacific

6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by type
6.4.3. Market size and forecast, by application
6.4.4. Market analysis by country

6.4.4.1. China

6.4.4.1.1. Market size and forecast, by type
6.4.4.1.2. Market size and forecast, by application

6.4.4.2. Japan

6.4.4.2.1. Market size and forecast, by type
6.4.4.2.2. Market size and forecast, by application

6.4.4.3. India

6.4.4.3.1. Market size and forecast, by type
6.4.4.3.2. Market size and forecast, by application

6.4.4.4. South Korea

6.4.4.4.1. Market size and forecast, by type
6.4.4.4.2. Market size and forecast, by application

6.4.4.5. Australia

6.4.4.5.1. Market size and forecast, by type
6.4.4.5.2. Market size and forecast, by application

6.4.4.6. Rest of Asia-Pacific

6.4.4.6.1. Market size and forecast, by type
6.4.4.6.2. Market size and forecast, by application

6.5. LAMEA

6.5.1. Key market trends, growth factors and opportunities
6.5.2. Market size and forecast, by type
6.5.3. Market size and forecast, by application
6.5.4. Market analysis by country

6.5.4.1. Brazil

6.5.4.1.1. Market size and forecast, by type
6.5.4.1.2. Market size and forecast, by application

6.5.4.2. Saudi Arabia

6.5.4.2.1. Market size and forecast, by type
6.5.4.2.2. Market size and forecast, by application

6.5.4.3. South Africa

6.5.4.3.1. Market size and forecast, by type
6.5.4.3.2. Market size and forecast, by application

6.5.4.4. Rest of LAMEA

6.5.4.4.1. Market size and forecast, by type
6.5.4.4.2. Market size and forecast, by application

CHAPTER 7: COMPETITIVE LANDSCAPE

7.1. INTRODUCTION

7.1.1. MARKET PLAYER POSITIONING, 2018

7.2. TOP WINNING STRATEGIES

7.2.1. Top winning strategies, by year
7.2.2. Top winning strategies, by development
7.2.3. Top winning strategies, by company

7.3. COMPETITIVE HEATMAP
7.4. KEY DEVELOPMENTS

7.4.1. New product launches
7.4.2. Expansions
7.4.3. Other developments

CHAPTER 8: COMPANY PROFILES:

8.1. ABENGOA SE

8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating business segments
8.1.4. Product Portfolio
8.1.5. Business performance

8.2. FIRST SOLAR, INC.

8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Product Portfolio

8.2.5. Business performance

8.3. TATA POWER SOLAR SYSTEMS LIMITED.

8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Product Portfolio
8.3.4. Business performance

8.4. TRINA SOLAR CO., LTD.

8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segments
8.4.4. Product Portfolio
8.4.5. Key strategic moves and developments

8.5. BRIGHTSOURCE ENERGY, INC.

8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating business segments
8.5.4. Product Portfolio
8.5.5. Key strategic moves and developments

8.6. SIEMENS AG

8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Operating business segments
8.6.4. Product portfolio
8.6.5. R&D Expenditure
8.6.6. Business performance

8.7. PVHardware

8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Operating business segments
8.7.4. Key strategic moves and developments

8.8. Arctech Solar

8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Product portfolio
8.8.4. Key strategic moves and developments

8.9. Scorpius Trackers

8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Product portfolio

8.10. NEXTracker

8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Operating business segments
8.10.4. Key strategic moves and developments

8.11. Other key player profiles

8.11.1. Key player snapshot

LIST OF TABLES

TABLE 01. GLOBAL SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 ($MILLION)
TABLE 02. GLOBAL SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 (MW)
TABLE 03. GLOBAL SOLAR TRACKER INSTALLATION MARKET, BY SINGLE AXIS, 2018-2026 ($MILLION)
TABLE 04. GLOBAL SOLAR TRACKER INSTALLATION MARKET, BY SINGLE AXIS, 2018-2026 (MW)
TABLE 05. SOLAR TRACKER INSTALLATION MARKET REVENUE FOR SINGLE AXIS, BY REGION 2018–2026 ($MILLION)
TABLE 06. SOLAR TRACKER INSTALLATION MARKET REVENUE FOR SINGLE AXIS, BY REGION 2018–2026 (MW)
TABLE 07. SOLAR TRACKER INSTALLATION MARKET REVENUE FOR DUAL AXIS, BY REGION 2018–2026 ($MILLION)
TABLE 08. SOLAR TRACKER INSTALLATION MARKET REVENUE FOR DUAL AXIS, BY REGION 2018–2026 (MW)
TABLE 09. GLOBAL SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 ($MILLION)
TABLE 10. GLOBAL SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 (MW)
TABLE 11. SOLAR TRACKER INSTALLATION MARKET REVENUE FOR RESIDENTIAL, BY REGION 2018–2026 ($MILLION)
TABLE 12. SOLAR TRACKER INSTALLATION MARKET REVENUE FOR RESIDENTIAL, BY REGION 2018–2026 (MW)
TABLE 13. SOLAR TRACKER INSTALLATION MARKET REVENUE FOR COMMERCIAL , BY REGION 2018–2026 ($MILLION)
TABLE 14. SOLAR TRACKER INSTALLATION MARKET REVENUE FOR COMMERCIAL , BY REGION 2018–2026 (MW)
TABLE 15. SOLAR TRACKER INSTALLATION MARKET REVENUE FOR INDUSTRIAL, BY REGION 2018–2026 ($MILLION)
TABLE 16. SOLAR TRACKER INSTALLATION MARKET REVENUE FOR INDUSTRIAL, BY REGION 2018–2026 (MW)
TABLE 17. GLOBAL SOLAR TRACKER INSTALLATION MARKET REVENUE, 2019–2026($MILLION)
TABLE 18. GLOBAL SOLAR TRACKER INSTALLATION MARKET REVENUE, 2019–2026(MW)
TABLE 19. NORTH AMERICA SOLAR TRACKER INSTALLATION MARKET REVENUE, BY TYPE 2019–2026($MILLION)
TABLE 20. NORTH AMERICA SOLAR TRACKER INSTALLATION MARKET REVENUE, BY TYPE 2019–2026(MW)
TABLE 21. NORTH AMERICA SOLAR TRACKER INSTALLATION MARKET REVENUE, BY APPLICATION, 2019–2026($MILLION)
TABLE 22. NORTH AMERICA SOLAR TRACKER INSTALLATION MARKET REVENUE, BY APPLICATION, 2019–2026(MW)
TABLE 23. NORTH AMERICA SOLAR TRACKER INSTALLATION MARKET REVENUE, BY COUNTRY, 2019–2026($MILLION)
TABLE 24. NORTH AMERICA SOLAR TRACKER INSTALLATION MARKET REVENUE, BY COUNTRY, 2019–2026(MW)
TABLE 25. US SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 ($MILLION)
TABLE 26. US SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 (MW)
TABLE 27. US SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 ($MILLION)
TABLE 28. US SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 (MW)
TABLE 29. CANADA SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 ($MILLION)
TABLE 30. CANADA SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 (MW)
TABLE 31. CANADA SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 ($MILLION)
TABLE 32. CANADA SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 (MW)
TABLE 33. MEXICO SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 ($MILLION)
TABLE 34. MEXICO SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 (MW)
TABLE 35. MEXICO SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 ($MILLION)
TABLE 36. MEXICO SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 (MW)
TABLE 37. EUROPE SOLAR TRACKER INSTALLATION MARKET REVENUE, BY TYPE 2019–2026($MILLION)
TABLE 38. EUROPE SOLAR TRACKER INSTALLATION MARKET REVENUE, BY TYPE 2019–2026(MW)
TABLE 39. EUROPE SOLAR TRACKER INSTALLATION MARKET  REVENUE, BY APPLICATION, 2019–2026($MILLION)
TABLE 40. EUROPE SOLAR TRACKER INSTALLATION MARKET  REVENUE, BY APPLICATION, 2019–2026(MW)
TABLE 41. EUROPE SOLAR TRACKER INSTALLATION MARKET REVENUE, BY COUNTRY, 2019–2026($MILLION)
TABLE 42. EUROPE SOLAR TRACKER INSTALLATION MARKET REVENUE, BY COUNTRY, 2019–2026(MW)
TABLE 43. GERMANY SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 ($MILLION)
TABLE 44. GERMANY SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 (MW)
TABLE 45. GERMANY SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 ($MILLION)
TABLE 46. GERMANY SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 (MW)
TABLE 47. UK SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 ($MILLION)
TABLE 48. UK SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 (MW)
TABLE 49. UK SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 ($MILLION)
TABLE 50. UK SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 (MW)
TABLE 51. FRANCE SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 ($MILLION)
TABLE 52. FRANCE SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 (MW)
TABLE 53. FRANCE SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 ($MILLION)
TABLE 54. FRANCE SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 ($MILLION)
TABLE 55. SPAIN SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 ($MILLION)
TABLE 56. SPAIN SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 ($MILLION)
TABLE 57. SPAIN SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 ($MILLION)
TABLE 58. SPAIN SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 (MW)
TABLE 59. ITALY SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 ($MILLION)
TABLE 60. ITALY SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 (MW)
TABLE 61. ITALY SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 ($MILLION)
TABLE 62. ITALY SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 (MW)
TABLE 63. REST OF EUROPE SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 ($MILLION)
TABLE 64. REST OF EUROPE SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 (MW)
TABLE 65. REST OF EUROPE SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 ($MILLION)
TABLE 66. REST OF EUROPE SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 (MW)
TABLE 67. ASIA-PACIFIC SOLAR TRACKER INSTALLATION MARKET REVENUE, BY TYPE 2019–2026($MILLION)
TABLE 68. ASIA-PACIFIC SOLAR TRACKER INSTALLATION MARKET REVENUE, BY TYPE 2019–2026(MW)
TABLE 69. ASIA-PACIFIC SOLAR TRACKER INSTALLATION MARKET VALUE, BY APPLICATION, 2019–2026($MILLION)
TABLE 70. ASIA-PACIFIC SOLAR TRACKER INSTALLATION MARKET VALUE, BY APPLICATION, 2019–2026(MW)
TABLE 71. ASIA-PACIFIC SOLAR TRACKER INSTALLATION MARKET VALUE, BY COUNTRY, 2019–2026($MILLION)
TABLE 72. ASIA-PACIFIC SOLAR TRACKER INSTALLATION MARKET VALUE, BY COUNTRY, 2019–2026(MW)
TABLE 73. CHINA SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 ($MILLION)
TABLE 74. CHINA SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 (MW)
TABLE 75. CHINA SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 ($MILLION)
TABLE 76. CHINA SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 (MW)
TABLE 77. JAPAN SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 ($MILLION)
TABLE 78. JAPAN SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 (MW)
TABLE 79. JAPAN SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 ($MILLION)
TABLE 80. JAPAN SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 (MW)
TABLE 81. INDIA SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 ($MILLION)
TABLE 82. INDIA SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 (MW)
TABLE 83. INDIA SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 ($MILLION)
TABLE 84. INDIA SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 (MW)
TABLE 85. SOUTH KOREA SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 ($MILLION)
TABLE 86. SOUTH KOREA SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 (MW)
TABLE 87. SOUTH KOREA SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 ($MILLION)
TABLE 88. SOUTH KOREA SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 (MW)
TABLE 89. AUSTRALIA SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 ($MILLION)
TABLE 90. AUSTRALIA SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 (MW)
TABLE 91. AUSTRALIA SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 ($MILLION)
TABLE 92. AUSTRALIA SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 (MW)
TABLE 93. REST OF ASIA-PACIFIC SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 ($MILLION)
TABLE 94. REST OF ASIA-PACIFIC SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 (MW)
TABLE 95. REST OF ASIA-PACIFIC SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 ($MILLION)
TABLE 96. REST OF ASIA-PACIFIC SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 (MW)
TABLE 97. LAMEA SOLAR TRACKER INSTALLATION MARKET REVENUE, BY TYPE 2019–2026($MILLION)
TABLE 98. LAMEA SOLAR TRACKER INSTALLATION MARKET REVENUE, BY TYPE 2019–2026(MW)
TABLE 99. LAMEA SOLAR TRACKER INSTALLATION MARKET VALUE, BY APPLICATION, 2019–2026($MILLION)
TABLE 100. LAMEA SOLAR TRACKER INSTALLATION MARKET VALUE, BY APPLICATION, 2019–2026(MW)
TABLE 101. LAMEA SOLAR TRACKER INSTALLATION MARKET VALUE, BY COUNTRY, 2019–2026($MILLION)
TABLE 102. LAMEA SOLAR TRACKER INSTALLATION MARKET VALUE, BY COUNTRY, 2019–2026(MW)
TABLE 103. BRAZIL SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 ($MILLION)
TABLE 104. BRAZIL SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 (MW)
TABLE 105. BRAZIL SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 ($MILLION)
TABLE 106. BRAZIL SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 (MW)
TABLE 107. SAUDI ARABIA SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 ($MILLION)
TABLE 108. SAUDI ARABIA SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 (MW)
TABLE 109. SAUDI ARABIA SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 ($MILLION)
TABLE 110. SAUDI ARABIA SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 (MW)
TABLE 111. SOUTH AFRICA SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 ($MILLION)
TABLE 112. SOUTH AFRICA SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 (MW)
TABLE 113. SOUTH AFRICA SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 ($MILLION)
TABLE 114. SOUTH AFRICA SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 (MW)
TABLE 115. REST OF LAMEA SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 ($MILLION)
TABLE 116. REST OF LAMEA SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026 (MW)
TABLE 117. REST OF LAMEA SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 ($MILLION)
TABLE 118. REST OF LAMEA SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026 (MW)
TABLE 119. KEY NEW PRODUCT LAUNCHES (2016-2019)
TABLE 120. KEY EXPANSIONS (2016-2019)
TABLE 121. OTHER KEY DEVELOPMENTS (2016-2019)
TABLE 122. ABENGOA SE: COMPANY SNAPSHOT
TABLE 123. ABENGOA SE: OPERATING BUSINESS SEGMENTS
TABLE 124. ABENGOA SE: PRODUCT PORTFOLIO
TABLE 125. OVERALL FINANCIAL STATUS ($MILLION)
TABLE 126. FIRST SOLAR, INC.: COMPANY SNAPSHOT
TABLE 127. FIRST SOLAR, INC.: OPERATING BUSINESS SEGMENTS
TABLE 128. FIRST SOLAR, INC.: PRODUCT PORTFOLIO
TABLE 129. OVERALL FINANCIAL STATUS ($MILLION)
TABLE 130. TATA POWER SOLAR SYSTEMS LIMITED.: COMPANY SNAPSHOT
TABLE 131. TATA POWER SOLAR SYSTEMS LIMITED.: PRODUCT PORTFOLIO
TABLE 132. OVERALL FINANCIAL STATUS ($MILLION)
TABLE 133. TRINA SOLAR CO. LTD.: COMPANY SNAPSHOT
TABLE 134. TRINA SOLAR CO. LTD.: OPERATING BUSINESS SEGMENTS
TABLE 135. TRINA SOLAR CO. LTD.: PRODUCT PORTFOLIO
TABLE 136. TRINA SOLAR CO. LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 137. BRIGHTSOURCE ENERGY, INC.: COMPANY SNAPSHOT
TABLE 138. BRIGHTSOURCE ENERGY, INC.: OPERATING SEGMENTS
TABLE 139. BRIGHTSOURCE ENERGY, INC.: PRODUCT PORTFOLIO
TABLE 140. BRIGHTSOURCE ENERGY, INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 141. SIEMENS AG: COMPANY SNAPSHOT
TABLE 142. SIEMENS AG: OPERATING SEGMENTS
TABLE 143. SIEMENS AG: PRODUCT PORTFOLIO
TABLE 144. PVHARDWARE: COMPANY SNAPSHOT
TABLE 145. PVHARDWARE: OPERATING SEGMENTS
TABLE 146. PVHARDWARE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 147. ARCTECH SOLAR: COMPANY SNAPSHOT
TABLE 148. TURBINE GENERATOR MAINTENANCE INC.: PRODUCT PORTFOLIO
TABLE 149. ARCTECH SOLAR: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 150. SCORPIUS TRACKERS: COMPANY SNAPSHOT
TABLE 151. SCORPIUS TRACKERS: PRODUCT PORTFOLIO
TABLE 152. NEXTRACKER: COMPANY SNAPSHOT
TABLE 153. NEXTRACKER: OPERATING SEGMENTS
TABLE 154. NEXTRACKER: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 01. KEY MARKET SEGMENTS
FIGURE 02. EXECUTIVE SUMMARY
FIGURE 03. TOP INVESTMENT POCKETS
FIGURE 04. HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 05. HIGH THREAT OF NEW ENTRANTS
FIGURE 06. MODERATE THREAT OF SUBSTITUTES
FIGURE 07. MODERATE COMPETITIVE RIVALRY
FIGURE 08. MODERATE BARGAINING POWER OF BUYERS
FIGURE 09. PATENT ANALYSIS, BY REGION
FIGURE 10. GLOBAL SOLAR TRACKER INSTALLATION MARKET, BY TYPE, 2018-2026
FIGURE 11. COMPARATIVE SHARE ANALYSIS OF SINGLE AXIS SOLAR TRACKER INSTALLATION MARKET, BY COUNTRY, 2018 & 2026 ($MILLION)
FIGURE 12. COMPARATIVE SHARE ANALYSIS OF DUAL AXIS SOLAR TRACKER INSTALLATION MARKET, BY COUNTRY, 2018 & 2026 ($MILLION)
FIGURE 13. GLOBAL SOLAR TRACKER INSTALLATION MARKET, BY APPLICATION, 2018-2026
FIGURE 14. COMPARATIVE SHARE ANALYSIS OF RESIDENTIAL SOLAR TRACKER INSTALLATION MARKET, BY COUNTRY,  2018 & 2026 ($MILLION)
FIGURE 15. COMPARATIVE SHARE ANALYSIS OF COMMERCIAL  MARKET, BY COUNTRY, 2018 & 2026 ($MILLION)
FIGURE 16. COMPARATIVE SHARE ANALYSIS OF INDUSTRIAL MARKET, BY COUNTRY, 2018 & 2026 ($MILLION)
FIGURE 17. US SOLAR TRACKER INSTALLATION MARKET REVENUE, 2018-2026($MILLION)
FIGURE 18. CANADA SOLAR TRACKER INSTALLATION MARKET REVENUE, 2018-2026($MILLION)
FIGURE 19. MEXICO SOLAR TRACKER INSTALLATION MARKET REVENUE, 2018-2026($MILLION)
FIGURE 20. GERMANY SOLAR TRACKER INSTALLATION MARKET REVENUE, 2018-2026($MILLION)
FIGURE 21. UK SOLAR TRACKER INSTALLATION MARKET REVENUE, 2018-2026($MILLION)
FIGURE 22. FRANCE SOLAR TRACKER INSTALLATION MARKET REVENUE, 2018-2026($MILLION)
FIGURE 23. SPAIN SOLAR TRACKER INSTALLATION MARKET REVENUE, 2018-2026($MILLION)
FIGURE 24. ITALY SOLAR TRACKER INSTALLATION MARKET REVENUE, 2018-2026($MILLION)
FIGURE 25. REST OF EUROPE SOLAR TRACKER INSTALLATION MARKET REVENUE, 2018-2026($MILLION)
FIGURE 26. CHINA SOLAR TRACKER INSTALLATION MARKET REVENUE, 2018-2026($MILLION)
FIGURE 27. JAPAN SOLAR TRACKER INSTALLATION MARKET REVENUE, 2018-2026($MILLION)
FIGURE 28. INDIA SOLAR TRACKER INSTALLATION MARKET REVENUE, 2018-2026($MILLION)
FIGURE 29. SOUTH KOREA SOLAR TRACKER INSTALLATION MARKET REVENUE, 2018-2026($MILLION)
FIGURE 30. AUSTRALIA SOLAR TRACKER INSTALLATION MARKET REVENUE, 2018-2026($MILLION)
FIGURE 31. REST OF ASIA-PACIFIC SOLAR TRACKER INSTALLATION MARKET REVENUE, 2018-2026($MILLION)
FIGURE 32. BRAZIL SOLAR TRACKER INSTALLATION MARKET REVENUE, 2018-2026($MILLION)
FIGURE 33. SAUDI ARABIA SOLAR TRACKER INSTALLATION MARKET REVENUE, 2018-2026($MILLION)
FIGURE 34. SOUTH AFRICA SOLAR TRACKER INSTALLATION MARKET REVENUE, 2018-2026($MILLION)
FIGURE 35. REST OF LAMEA SOLAR TRACKER INSTALLATION MARKET REVENUE, 2018-2026($MILLION)
FIGURE 36. MARKET PLAYER POSITIONING, 2018
FIGURE 37. TOP WINNING STRATEGIES, BY YEAR, 2016–2019
FIGURE 38. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2016–2019 (%)
FIGURE 39. TOP WINNING STRATEGIES, BY COMPANY, 2016–2019
FIGURE 40. COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 41. ABENGOA SE: REVENUE, 2016–2018 ($MILLION)
FIGURE 42. ABENGOA SE: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 43. ABENGOA SE: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 44. FIRST SOLAR, INC.: REVENUE, 2016–2018 ($MILLION)
FIGURE 45. FIRST SOLAR, INC.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 46. FIRST SOLAR, INC.: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 47. TATA POWER SOLAR SYSTEMS LIMITED.: REVENUE, 2016–2018 ($MILLION)
FIGURE 48. SIEMENS AG: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 49. SIEMENS AG: REVENUE, 2016–2018 ($MILLION)
FIGURE 50. SIEMENS AG: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 51. SIEMENS AG: REVENUE SHARE BY REGION, 2018 (%)

 
 

The solar industry is consistently advancing either to address difficulties inside a market or to improve cost and accessibility. Sun trackers have been around from a longer time; however, continuous development shows that the market is more dynamic and is expected to expand significantly in the recent years. Valmont Industrial’s acquisition of Convert in 2018 is one of the significant steps taken in global solar tracker installation market. Valmont have established themselves in metal fabrication, galvanization, coatings, and corrosion protection technologies. It has a strong presence in North America as well as in other countries. It is expected that Valmont’s capability in solar transmission towers, distribution pole manufacturing, and design & engineering will improve TRJ Solar Tracker.

It is expected that the government regulation will also play an important role in boosting the growth of the solar tracker installation market. In developing country such as India, solar technologies offer attractive opportunities to save electricity. The clean and emission-free source of energy is expected to reduce fossil fuel consumption significantly. This is projected to reduce carbon footprint of the industrial sector, assisting nations to reduce their greenhouse emissions. The Government of India (Gol) through Bureau of Energy Efficiency has initiated a massive program to conserve energy and promote CSP technologies. These technologies are also offering opportunities for development of homegrown technologies that can create local jobs and take “Make in India” initiative forward.  All these initiatives are expected to increase the demand for solar technology, which in turn is anticipated to boost the demand for solar tracker installation.
 

 

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FREQUENTLY ASKED QUESTIONS?
 

A. Increasing installation of solar panels across the globe, environmental pollution, rising price of fuels, and growing awareness among people toward clean energy.

A. The Solar Tracker Installation market is projected to reach $379.2 billion by 2026.

A. To get latest version of solar tracker installation market report

A. Europe will provide more business opportunites for solar tracker installation in future.

A. Supportive government regulations is one of the key trends observed in the solar tracker installation market. The regulations are motivating to install solar panels,

A. Based on top growing big corporation, we select top 10 players.

A. Based on application, the global solar tracker installation market is segmented into residential, commercial, and industrial.

A. Companies are implementing R&D in solar tracker output and performance to maintain their position in the market. In an instance, PVHardware, one of the key players in the solar tracker market

A. Asia-Pacific was the highest revenue contributor, accounting for $111.6 million in 2018, and is estimated to reach $254.8 million by 2026, with a CAGR of 10.8%.

A. The global solar tracker installation market was valued at $162.7 billion in 2018.

 

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