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Global Single Axis Solar PV Tracker Market 2019-2023 - Product Image

Global Single Axis Solar PV Tracker Market 2019-2023

  • ID: 4721366
  • Report
  • Region: Global
  • 113 pages
  • TechNavio
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FEATURED COMPANIES

  • Arctech
  • Array Technologies
  • Convert Italia
  • NEXTracker
  • Soltec
  • MORE
Of all the renewable sources of energy, solar power generation has emerged as one of the cheapest sources of clean energy. The intermittent nature of solar energy can be overcome through energy storage, which not only bridges the gap between solar power generation and supply during the non-productivity hours but also increases the adoption of renewable energy in hybrid systems. Therefore, the declining costs of solar energy generation due to government initiatives and subsidies as well as competitive bidding processes, there has been a significant increase in the number of solar PV panel installations globally. The global single axis solar PV tracker market is expected to register a CAGR of almost 28% during the forecast period.

Market Overview

Supportive government policies and regulations

Governments around the world are supporting the adoption of renewable technologies, including solar energy by providing subsidies, incentives and tax benefits to both producers and consumers. The continuation of the policy will encourage solar equipment manufacturing companies to invest in R&D activities to develop cheaper and more reliable technology to bring down the cost of solar PV systems further.

Competition from alternatives 0pf single axis trackers

The increasing popularity of dual axis solar PV trackers have a higher degree of flexibility and accuracy in directional pointing as they can move both horizontally and vertically to achieve the optimum angle. Additionally, dual axis solar PV trackers work better in all-weather conditions. Therefo0rew, such factor will pose a challenge to single axis solar PV market during our forecast period.

For the detailed list of factors that will drive and challenge the growth of the single axis solar PV tracker market during the 2019-2023, view this report.

Competitive Landscape

The global single axis solar PV tracker market is fairly concentrated. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Arctech
  • Array Technologies
  • Convert Italia
  • NEXTracker
  • Soltec
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
  • Market segmentation by application
  • Comparison by application
  • Utility - Market size and forecast 2018-2023
  • Distributed generation - Market size and forecast 2018-2023
  • Market opportunity by application
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • Americas - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • EMEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 10: MARKET TRENDS
  • Increased adoption of microgrids
  • Rising investments in renewables
  • Development of smart cities
PART 11: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
PART 12: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Arctech
  • Array Technologies
  • Convert Italia
  • NEXTracker
  • Soltec
PART 13: APPENDIX
  • Research methodology
  • List of abbreviations
List of Exhibits
Exhibit 01: Years in consideration
Exhibit 02: Global solar PV tracker market
Exhibit 03: Segments of global solar PV tracker market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2018
Exhibit 08: Global market: Size and forecast 2018-2023 (GW)
Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 10: Five forces analysis 2018
Exhibit 11: Five forces analysis 2023
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2018
Exhibit 18: Application - Market share 2018-2023 (%)
Exhibit 19: Comparison by application
Exhibit 20: Utility - Market size and forecast 2018-2023 (GW)
Exhibit 21: Utility - Year-over-year growth 2019-2023 (%)
Exhibit 22: Distributed generation - Market size and forecast 2018-2023 (GW)
Exhibit 23: Distributed generation - Year-over-year growth 2019-2023 (%)
Exhibit 24: Market opportunity by application
Exhibit 25: Customer landscape
Exhibit 26: Market share by geography 2018-2023 (%)
Exhibit 27: Geographic comparison
Exhibit 28: Americas - Market size and forecast 2018-2023 (GW)
Exhibit 29: Americas - Year-over-year growth 2019-2023 (%)
Exhibit 30: APAC - Market size and forecast 2018-2023 (GW)
Exhibit 31: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 32: EMEA - Market size and forecast 2018-2023 (GW)
Exhibit 33: EMEA - Year-over-year growth 2019-2023 (%)
Exhibit 34: Key leading countries
Exhibit 35: Market opportunity
Exhibit 36: Decision framework
Exhibit 37: Impact of drivers and challenges
Exhibit 38: Vendor landscape
Exhibit 39: Landscape disruption
Exhibit 40: Vendors covered
Exhibit 41: Vendor classification
Exhibit 42: Market positioning of vendors
Exhibit 43: Arctech - Vendor overview
Exhibit 44: Arctech - Organizational developments
Exhibit 45: Arctech - Key offerings
Exhibit 46: Array Technologies - Vendor overview
Exhibit 47: Array Technologies - Organizational developments
Exhibit 48: Array Technologies - Key offerings
Exhibit 49: Convert Italia - Vendor overview
Exhibit 50: Convert Italia - Organizational developments
Exhibit 51: Convert Italia - Key offerings
Exhibit 52: NEXTracker - Vendor overview
Exhibit 53: NEXTracker - Organizational developments
Exhibit 54: NEXTracker - Key offerings
Exhibit 55: Soltec - Vendor overview
Exhibit 56: Soltec - Organizational developments
Exhibit 57: Soltec - Key offerings
Exhibit 58: Validation techniques employed for market sizing
Exhibit 59: List of abbreviations
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Arctech
  • Array Technologies
  • Convert Italia
  • NEXTracker
  • Soltec
  • MORE
Global Single Axis Solar PV Tracker Market 2019-2023

The analyst recognizes the following companies as the key players in the global single axis solar PV tracker market: Arctech, Array Technologies, Convert Italia, NEXTracker, Soltec.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the initiatives being undertaken by governments globally for sustainable smart city development are expected to drive the market.”

According to the report, one of the major drivers for this market is the rise in solar PV panel installations will propel the growth of the global single axis solar PV trackers market.

Further, the report states that one of the major factors hindering the growth of this market is the single axis solar PV trackers are expected to face strong competition from substitutes which will hamper the growth of the market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Arctech
  • Array Technologies
  • Convert Italia
  • NEXTracker
  • Soltec
Note: Product cover images may vary from those shown
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