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Titan Tracker

Dual-axis solar trackers enable two degrees of movement to solar PV modules for efficient tracking of sun throughout the day.

Recent dual-axis solar tracker market analysis considers sales generated from the adoption of dual-axis solar tracker for non-utility and utility applications. The analysis also considers the sales of dual-axis solar tracker in the Americas, APAC, and EMEA. In 2018, the utility segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the growing focus on a clean and sustainable form of energy generation will play a significant role in the utility segment to maintain its market position.

Also, the global dual-axis solar tracker market report looks at factors such as the declining cost of solar power generation, supportive government policies, and regulations about solar installations, and growing adoption of renewable energy. However, competition from alternatives of dual-axis solar trackers, challenges associated with solar PV modules and their disposal, and challenges posed by alternative sources of energy may hamper the growth of the dual-axis solar tracker industry over the forecast period. 

Global Dual-Axis Solar Tracker Market: Overview

This trend was observed in several countries that are investing significantly in renewables, including solar PV. These factors will boost the demand for solar PV panels and dual axis solar trackers across countries and consequently lead to the expansion of the global dual-axis solar tracker market at a CAGR of about 14% during the forecast period. 

The solar industry is adopting new solar energy technologies such as CSP and CPV because they have high electricity production efficiency. This is encouraging an increase in investments in several new CSP and CPV projects around the globe. Consequently, the demand for dual axis solar trackers will increase as it is extensively used in CSP and CPV. In addition, rising investments will have a positive impact on the overall market growth.

Rising installations of CSP and CPV solar plants 

The solar industry is adopting new solar energy technologies such as CSP and CPV because they have high electricity production efficiency. This is encouraging an increase in investments in several new CSP and CPV projects around the globe. Consequently, the demand for dual axis solar trackers will increase as it is extensively used in CSP and CPV. In addition, rising investments will have a positive impact on the overall market growth. 

With the presence of several major players, the global dual-axis solar tracker market is fragmented. Our robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading dual-axis solar tracker manufacturers, that include AllEarth Renewables, Inc., DEGERenergie GmbH & Co. KG, Mechatron SA, Qingdao Eternal Electronic Co. Ltd., and Titan Tracker SL (shown in photo above).

Also, the dual-axis solar tracker market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Competitive landscape

With the presence of several major players, the global dual-axis solar tracker market is fragmented. Our robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading dual-axis solar tracker manufacturers, that include AllEarth Renewables, Inc., DEGERenergie GmbH & Co. KG, Mechatron SA, Qingdao Eternal Electronic Co. Ltd., and Titan Tracker SL. 

Also, the dual-axis solar tracker market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Labels: dual-axis tracker,solar power plant,photovoltaics,concentrated,AllEarth,DEGERenergie,Mechatron,Quingao Eternal Electronic,Titan Tracker

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