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Global Solar Farm Automation Market to grow at a CAGR of 17.03% during the period 2016-2020

Press release   •   Jul 28, 2016 08:25 EDT

About Solar Farm Automation

A solar tracker is a device used to orient a solar panel or align a solar reflector or lens toward the sun. It ensures that the solar modules remain in the best position to harness the maximum energy from the sun. A solar tracker is bound to the panel so that the position of the latter can be changed based on the sun's position throughout the year. Solar tracking is an effective way to increase the efficiency of each solar panel. The two types of trackers used to increase the output from solar farms are single-axis and dual-axis solar trackers.

Technavios analysts forecast the Global Solar Farm Automation Market to grow at a CAGR of 17.03% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global solar farm automation market for 2016-2020.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Download Detail Report With Complete TOC at: http://www.marketresearchreports.biz/sample/sample/685273

Technavio's report, Global Solar Farm Automation Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

ABB

AllEarth Renewables

DEGER

Emerson Electric

First Solar

Mecasolar

Other prominent vendors

Abengoa Solar

Array Technologies

Arzon Solar

Energa ERCAM

Frontier Technology

General Electric

GRUPO CLAVIJO ELT

Haosolar

Heliopower

Honeywell International

Mitsubishi Electric

NEXTracker

Rockwell Automation

Siemens

Smarttrak Solar Systems

Trabant Solar

Yokogawa Electric

Market driver

Better efficiency through automation solutions

For a full, detailed list, view our report

Market challenge

High solar energy storage cost

For a full, detailed list, view our report

Market trend

Turnkey solutions lowering distributors' customer acquisition cost

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?