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Solar (PV) Tracker Market by technology (Concentrated PV Tracker, Non-Concentrated PV Tracker), Type (Single Axis and Double Axis), and Application (Residential, Commercial, Agricultural, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026

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Dec 2019 | 100 Views
 
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Solar tracking is the process of generating power from sunlight. A solar tracker is the device that directs solar panels, mirrors of heliostat, and Fresnel reflectors toward the sun. These solar trackers are used to capture the maximum solar energy throughout the day and increase solar panel output and efficiency. The global solar market is driven by increasing energy demand worldwide. Solar trackers can increase the output of solar panels by 25 to 35% compared to modules at fixed angle.

Factors such as environmental pollution, rising price of fuels, and growing awareness among people toward clean energy are expected to drive the growth of the global solar tracker market. High maintenance requirement, high cost compared to stationary counterparts, and complex system than fixed racking are expected to be the restraining factors for global solar tracker market. Opportunities like government initiatives, decreasing complexity in design, and researches in solar tracker are anticipated to boost the growth of the solar tracker market growth.

Key segmentation of the solar tracker market is done based on technology, type, application, and region. On the basis of technology market is bifurcated into concentrated PV tracker and non-concentrated PV tracker. By type it is divided into single axis tracker and double axis tracker. On the basis of application, it is classified into residential, commercial, and agricultural. Region- wise, it is analyzed for North America, Europe, Asia-Pacific, and LAMEA.

Key players in the global solar tracker market are NEXTracker, Inc., Array Technologies, Inc., PVHardware, Arctech Solar, Soltec Trackers, Nclave renewable, Convert Italia, STI Norland, Gonvarri Steel Services, and GameChange Solar. These companies are adopting a number of strategies such as new product launches and research & development in solar tracker output and performance to maintain their position in the market.

PVHardware, one of the key players in the solar tracker 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.

KEY BENEFITS FOR STAKEHOLDERS:

  • The solar tracker market size has been analyzed across all regions.
  • Porter’s five force analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for building strategies.
  • The report outlines the current market trends and future scenario of the market size from 2018 to 2026 to understand the prevailing opportunities and potential investment pockets.
  • Major countries in the regions have been mapped according to their individual revenue contribution to the regional market.
  • The key drivers, restraints, and market opportunities and their detailed impact analysis are elucidated in the study.
  • The market analysis covers in-depth information of major solar tracker industry participants.

KEY MARKET SEGMENTS

By Technology

  • Concentrated Solar Tracker
  • Non-Concentrated Solar Tracker

By Type

  • Single Axis Tracker
  • Double Axis Tracker

By Application

  • Residential
  • Commercial
  • Agricultural

By Region

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

Key Players

  • NEXTracker, Inc.
  • Array Technologies, Inc.
  • PVHardware
  • Arctech Solar
  • Soltec Trackers
  • Nclave renewable
  • Convert Italia
  • STI Norland
  • Gonvarri Steel Services
  • GameChange Solar
 

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
2.1.2.    Market Player Positioning, 2018

2.2.    CXO perspective

Chapter 3    MARKET OVERVIEW

3.1.    Market Definition And Scope
3.2.    Parent/Peer Market Overview
3.3.    Key Forces Shaping Solar Tracker Market

3.3.1.    Bargaining power of suppliers
3.3.2.    Threat of new entrants
3.3.3.    Threat of substitutes
3.3.4.    Intensity of rivalry
3.3.5.    Bargaining power of buyers

3.4.    Pricing Analysis

3.4.1.    Pricing Analysis of Solar Tracker Market, By Region, 2018 to 2026
3.4.2.    Pricing Analysis of Solar Tracker Market, By Type, 2018 to 2026
3.4.3.    Pricing Analysis of Solar Tracker Market, By Application, 2018 to 2026

3.5.    Value Chain Analysis
3.6.    Impact Of Government Regulations On Global Solar Tracker Market
3.7.    Patent Analysis
3.8.    Market Dynamics

3.8.1.    Drivers
3.8.2.    Restraints
3.8.3.    Opportunities

Chapter 4    SOLAR TRACKER MARKET, BY THCHNOLOGY

4.1.    Overview
4.2.    Concentrated PV Tracker

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

4.3.    Non-Concentrated PV Tracker

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

Chapter 5    SOLAR TRACKER MARKET, BY TYPE

5.1.    Overview
5.2.    Single axis

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

5.3.    Double Axis

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

Chapter 6    SOLAR TRACKER MARKET, BY APPLICATIONS

6.1.    Overview
6.2.    Residential

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

6.3.    Commercial

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

6.4.    Agricultural

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

6.5.    Others

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

Chapter 7    SOLAR TRACKER MARKET, BY REGION

7.1.    Overview
7.2.    North America

7.2.1.    Key market trends, growth factors and opportunities
7.2.2.    Market size and forecast, technology
7.2.3.    Market size and forecast, by type
7.2.4.    Market size and forecast, by application
7.2.5.    Market analysis by country

7.2.5.1.    U.S.

7.2.5.1.1.    Socio-Economic & Micro-Macro Indicators
7.2.5.1.2.    Market size and forecast, by technology
7.2.5.1.3.    Market size and forecast, by type
7.2.5.1.4.    Market size and forecast, by application

7.2.5.2.    Canada

7.2.5.2.1.    Socio-Economic & Micro-Macro Indicators
7.2.5.2.2.    Market size and forecast, by technology
7.2.5.2.3.    Market size and forecast, by type
7.2.5.2.4.    Market size and forecast, by application

7.2.5.3.    Mexico

7.2.5.3.1.    Socio-Economic & Micro-Macro Indicators
7.2.5.3.2.    Market size and forecast, by technology
7.2.5.3.3.    Market size and forecast, by type
7.2.5.3.4.    Market size and forecast, by application

7.3.    Europe

7.3.1.    Key market trends, growth factors and opportunities
7.3.2.    Market size and forecast, technology
7.3.3.    Market size and forecast, by type
7.3.4.    Market size and forecast, by application
7.3.5.    Market analysis by country

7.3.5.1.    UK

7.3.5.1.1.    Socio-Economic & Micro-Macro Indicators
7.3.5.1.2.    Market size and forecast, by technology
7.3.5.1.3.    Market size and forecast, by type
7.3.5.1.4.    Market size and forecast, by application

7.3.5.2.    Germany

7.3.5.2.1.    Socio-Economic & Micro-Macro Indicators
7.3.5.2.2.    Market size and forecast, by technology
7.3.5.2.3.    Market size and forecast, by type
7.3.5.2.4.    Market size and forecast, by application

7.3.5.3.    France

7.3.5.3.1.    Socio-Economic & Micro-Macro Indicators
7.3.5.3.2.    Market size and forecast, by technology
7.3.5.3.3.    Market size and forecast, by type
7.3.5.3.4.    Market size and forecast, by application

7.3.5.4.    Spain

7.3.5.4.1.    Socio-Economic & Micro-Macro Indicators
7.3.5.4.2.    Market size and forecast, by technology
7.3.5.4.3.    Market size and forecast, by type
7.3.5.4.4.    Market size and forecast, by application

7.3.5.5.    Italy

7.3.5.5.1.    Socio-Economic & Micro-Macro Indicators
7.3.5.5.2.    Market size and forecast, by technology
7.3.5.5.3.    Market size and forecast, by type
7.3.5.5.4.    Market size and forecast, by application

7.3.5.6.    Rest of Europe

7.3.5.6.1.    Socio-Economic & Micro-Macro Indicators
7.3.5.6.2.    Market size and forecast, by technology
7.3.5.6.3.    Market size and forecast, by type
7.3.5.6.4.    Market size and forecast, by application

7.4.    Asia-Pacific

7.4.1.    Key market trends, growth factors and opportunities
7.4.2.    Market size and forecast, technology
7.4.3.    Market size and forecast, by type
7.4.4.    Market size and forecast, by application
7.4.5.    Market analysis by country

7.4.5.1.    China

7.4.5.1.1.    Socio-Economic & Micro-Macro Indicators
7.4.5.1.2.    Market size and forecast, by technology
7.4.5.1.3.    Market size and forecast, by type
7.4.5.1.4.    Market size and forecast, by application

7.4.5.2.    Japan

7.4.5.2.1.    Socio-Economic & Micro-Macro Indicators
7.4.5.2.2.    Market size and forecast, by technology
7.4.5.2.3.    Market size and forecast, by type
7.4.5.2.4.    Market size and forecast, by application

7.4.5.3.    India

7.4.5.3.1.    Socio-Economic & Micro-Macro Indicators
7.4.5.3.2.    Market size and forecast, by technology
7.4.5.3.3.    Market size and forecast, by type
7.4.5.3.4.    Market size and forecast, by application

7.4.5.4.    Australia

7.4.5.4.1.    Socio-Economic & Micro-Macro Indicators
7.4.5.4.2.    Market size and forecast, by technology
7.4.5.4.3.    Market size and forecast, by type
7.4.5.4.4.    Market size and forecast, by application

7.4.5.5.    South Korea

7.4.5.5.1.    Socio-Economic & Micro-Macro Indicators
7.4.5.5.2.    Market size and forecast, by technology
7.4.5.5.3.    Market size and forecast, by type
7.4.5.5.4.    Market size and forecast, by application

7.4.5.6.    Rest of Asia-Pacific

7.4.5.6.1.    Socio-Economic & Micro-Macro Indicators
7.4.5.6.2.    Market size and forecast, by technology
7.4.5.6.3.    Market size and forecast, by type
7.4.5.6.4.    Market size and forecast, by application

7.5.    LAMEA

7.5.1.    Key market trends, growth factors and opportunities
7.5.2.    Market size and forecast, technology
7.5.3.    Market size and forecast, by type
7.5.4.    Market size and forecast, by application
7.5.5.    Market analysis by country

7.5.5.1.    BRAZIL

7.5.5.1.1.    Socio-Economic & Micro-Macro Indicators
7.5.5.1.2.    Market size and forecast, by technology
7.5.5.1.3.    Market size and forecast, by type
7.5.5.1.4.    Market size and forecast, by application

7.5.5.2.    Saudi Arabia

7.5.5.2.1.    Socio-Economic & Micro-Macro Indicators
7.5.5.2.2.    Market size and forecast, by technology
7.5.5.2.3.    Market size and forecast, by type
7.5.5.2.4.    Market size and forecast, by application

7.5.5.3.    South Africa

7.5.5.3.1.    Socio-Economic & Micro-Macro Indicators
7.5.5.3.2.    Market size and forecast, by technology
7.5.5.3.3.    Market size and forecast, by type
7.5.5.3.4.    Market size and forecast, by application

7.5.5.4.    Rest of LAMEA

7.5.5.4.1.    Socio-Economic & Micro-Macro Indicators
7.5.5.4.2.    Market size and forecast, by technology
7.5.5.4.3.    Market size and forecast, by type
7.5.5.4.4.    Market size and forecast, by application

Chapter 8    COMPETITIVE LANDSCAPE

8.1.    Competitive dashboard
8.2.    Market share analysis of top players, 2018 (%)
8.3.    Product mapping of top 10 player
8.4.    Top winning strategies, 2015 - 2018

8.4.1.    Top winning strategies, by year
8.4.2.    Top winning strategies, by development
8.4.3.    Top winning strategies, by company

Chapter 9    COMPANY PROFILES

9.1.    NEXTracker, Inc.

9.1.1.    Company overview
9.1.2.    Company snapshot
9.1.3.    Key Executives
9.1.4.    Operating Business Segments & Product Portfolio
9.1.5.    R&D Expenditure
9.1.6.    Business Performance
9.1.7.    Key Strategic Moves and Developments

9.2.    Array Technologies, Inc.

9.2.1.    Company overview
9.2.2.    Company snapshot
9.2.3.    Key Executives
9.2.4.    Operating Business Segments & Product Portfolio
9.2.5.    R&D Expenditure
9.2.6.    Business Performance
9.2.7.    Key Strategic Moves and Developments

9.3.    PVHardware

9.3.1.    Company overview
9.3.2.    Company snapshot
9.3.3.    Key Executives
9.3.4.    Operating Business Segments & Product Portfolio
9.3.5.    R&D Expenditure
9.3.6.    Business Performance
9.3.7.    Key Strategic Moves and Developments

9.4.    Arctech Solar

9.4.1.    Company overview
9.4.2.    Company snapshot
9.4.3.    Key Executives
9.4.4.    Operating Business Segments & Product Portfolio
9.4.5.    R&D Expenditure
9.4.6.    Business Performance
9.4.7.    Key Strategic Moves and Developments

9.5.    Soltec Trackers

9.5.1.    Company overview
9.5.2.    Company snapshot
9.5.3.    Key Executives
9.5.4.    Operating Business Segments & Product Portfolio
9.5.5.    R&D Expenditure
9.5.6.    Business Performance
9.5.7.    Key Strategic Moves and Developments

9.6.    Nclave renewable

9.6.1.    Company overview
9.6.2.    Company snapshot
9.6.3.    Key Executives
9.6.4.    Operating Business Segments & Product Portfolio
9.6.5.    R&D Expenditure
9.6.6.    Business Performance
9.6.7.    Key Strategic Moves and Developments

9.7.    Convert Italia

9.7.1.    Company overview
9.7.2.    Company snapshot
9.7.3.    Key Executives
9.7.4.    Operating Business Segments & Product Portfolio
9.7.5.    R&D Expenditure
9.7.6.    Business Performance
9.7.7.    Key Strategic Moves and Developments

9.8.    STI Norland

9.8.1.    Company overview
9.8.2.    Company snapshot
9.8.3.    Key Executives
9.8.4.    Operating Business Segments & Product Portfolio
9.8.5.    R&D Expenditure
9.8.6.    Business Performance
9.8.7.    Key Strategic Moves and Developments

9.9.    Gonvarri Steel Services

9.9.1.    Company overview
9.9.2.    Company snapshot
9.9.3.    Key Executives
9.9.4.    Operating Business Segments & Product Portfolio
9.9.5.    R&D Expenditure
9.9.6.    Business Performance
9.9.7.    Key Strategic Moves and Developments

9.10.    GameChange Solar

9.10.1.    Company overview
9.10.2.    Company snapshot
9.10.3.    Key Executives
9.10.4.    Operating Business Segments & Product Portfolio
9.10.5.    R&D Expenditure
9.10.6.    Business Performance
9.10.7.    Key Strategic Moves and Developments

Chapter 10    APPENDIX

 
 
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