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Solar Tracker Market Size Study

News   •   Jan 16, 2018 13:41 IST

Solar Tracker Market

Global Solar Tracker Market industry valued approximately USD 7.25 billion in 2016 is anticipated to grow with a healthy growth rate of more than 18.21% over the forecast period 20172025. Major factors fueling the growth are growing awareness of renewable energy sources, decreasing prices of solar energy, escalating smart cities projects, and continuous innovations being made in solar trackers.

The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players. The detailed segments and subsegment of the market are explained below:

Technology

  • Solar Photo Voltaic
  • Concentrated Solar Power
  • Concentrated Photo Voltaic

Product

  • SingleAxis
  • DualAxis

Application

  • Utility
  • NonUtility

Regions

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • Asia Pacific
  • China
  • India
  • Japan
  • Latin America
  • Brazil
  • Mexico
  • Rest of the World

Furthermore, the years considered for the study are as follows

  • Historical year — 2015
  • Base year — 2016
  • Forecast period — 2017 to 2025

Some of the key manufacturers involved in the market are AllEarth Renewables, First Solar, Energia Ercam, Mecasolar, Array Technologies, Grupo Clavijo, Sun Power, and Hao. New product launches, focus on continuous technology innovations, acquisitions, and effective mergers are some of the strategies adopted by the key manufacturers. The companies are also trying to dominate the market by investing in research and development.

Target Audience of the Solar Tracker Market Study

  • Key Consulting Companies & Advisors
  • Large, mediumsized, and small enterprises
  • Venture capitalists
  • ValueAdded Resellers VARs
  • Thirdparty knowledge providers
  • Investment bankers
  • Investors

Please note that owing to the criticality of the Solar Tracker Market and rapidly changing market attributes, we are in the middle of updating the report. The final report may require 2 to 3 working days postconfirmation in order to cater to the most recent updates.

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Table of Contents

Chapter 1. Research Methodology
1.1. Research Process
1.1.1. Data Mining
1.1.2. Analysis
1.1.3. Market Estimation
1.1.4. Validation
1.1.5. Publishing
1.2. Research Assumption

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