Solar Tracker Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2028

Solar Tracker Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2028

The report on the global solar tracker market provides qualitative and quantitative analysis for the period from 2020-2028. The report predicts the global solar tracker market tgrow with a CAGR of above 11% over the forecast period from 2022-2028. The study on solar tracker market covers the analysis of the leading geographies such as North America, Europe, Asia Pacific, and RoW for the period of 2020-2028.

The report on solar tracker market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global solar tracker market over the period of 2020-2028. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights intthe competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global solar tracker market over the period of 2020-2028. Further, IGR- Growth Matrix gave in the report brings an insight intthe investment areas that existing or new market players can consider.

Report Findings

1) Drivers

Increasing adoption of renewable energy is expected tdrive the growth of the market.

Green energy targets help tupswing the investment in the solar tracker.

2) Restraints

High fluctuation in raw material costs and lack of high investment can restrain the market growth.

3) Opportunities

Integrated technology and new government regulation related trenewable energy are expected tcreate various growth opportunities for the market.

Research Methodology

A) Primary Research

Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include

1. Key Opinion Leaders associated with Infinium Global Research

2. Internal and External subject matter experts

3. Professionals and participants from the industry

Our primary research respondents typically include

1. Executives working with leading companies in the market under review

2. Product/brand/marketing managers

3. CXO level executives

4. Regional/zonal/ country managers

5. Vice President level executives.

B) Secondary Research

Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include

1. Company reports and publications

2. Government/institutional publications

3. Trade and associations journals

4. Databases such as WTO, OECD, World Bank, and among others.

5. Websites and publications by research agencies

Segment Covered

The global solar tracker market is segmented on the basis of type, technology, and application.

The Global Solar Tracker Market by Type

Single Axis

Dual Axis

The Global Solar Tracker Market by Technology

Solar Photovoltaic

Concentrated Photovoltaic (CPV)

Concentrated solar power (CSP)

The Global Solar Tracker Market by Application

Utility

Non-utility

Company Profiles

The companies covered in the report include

Array Technologies, Inc.

SunPower Corporation

Arctech Solar Holding Co., Ltd

Nextracker Inc.

Soltec Power Holdings SA

Mahindra Susten

Scorpius Trackers

Ganges Internationale

Soltec

Trina Solar Acquired by (Nclave)

What does this Report Deliver?

1. Comprehensive analysis of the global as well as regional markets of the solar tracker market.

2. Complete coverage of all the segments in the solar tracker market tanalyze the trends, developments in the global market and forecast of market size up t2028.

3. Comprehensive analysis of the companies operating in the global solar tracker market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.

4. IGR- Growth Matrix presents an analysis of the product segments and geographies that market players should focus tinvest, consolidate, expand and/or diversify.