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Dual Axis Solar Tracker Global Market Report 2024

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    Report

  • 175 Pages
  • April 2024
  • Region: Global
  • The Business Research Company
  • ID: 5953350
The dual axis solar tracker market size has grown rapidly in recent years. It will grow from $5.87 billion in 2023 to $6.63 billion in 2024 at a compound annual growth rate (CAGR) of 12.9%. The expansion observed during the historic period can be attributed to several key factors, including increased demands for energy efficiency, government incentives and policies supporting renewable energy adoption, declining costs of solar panels, and a growing awareness of the environmental impact associated with traditional energy sources.

The dual axis solar tracker market size is expected to see rapid growth in the next few years. It will grow to $10.2 billion in 2028 at a compound annual growth rate (CAGR) of 11.4%. The anticipated growth in the forecast period can be attributed to heightened environmental concerns, international agreements addressing global climate change, decreasing costs associated with dual-axis tracking technology, and the continuous improvement of solar panel efficiency. Major trends expected during this period encompass the development of smart and connected tracking systems, the emergence of hybrid solar tracking solutions, increased adoption of AI and machine learning technologies in solar energy management, and the implementation of robotic cleaning solutions for solar panels.

The escalating demand for renewable energy sources is poised to propel the expansion of the dual-axis solar tracker market in the coming years. Renewable energy, derived from naturally replenished resources, presents an environmentally friendly alternative to finite fossil fuels, mitigating environmental degradation and fostering sustainability. Within the realm of renewable energy systems, dual-axis solar trackers play a crucial role in enhancing the efficiency, reliability, and economic viability of solar power installations. By optimizing the orientation of solar panels to maximize sunlight exposure, dual-axis solar trackers contribute significantly to the broader adoption and success of solar energy as a sustainable and reliable power source. For example, data from the Energy Information Administration (EIA) indicates a notable increase in the combined wind and solar share of total generation, rising from 12% in 2021 to 14% in 2022, with renewable generation surpassing coal and nuclear generation for the first time. This underscores the pivotal role of renewable energy in driving the growth of the dual-axis solar tracker market.

Key players within the dual-axis solar tracker market are actively engaged in the development of innovative products to address evolving industry needs and challenges. One such innovation is Skywings, the world's first dual-row solar tracker equipped with a multi-point drive mechanism. Skywings is designed to overcome key challenges in solar energy production, aiming to maximize energy yield, reduce the levelized cost of energy, and enhance the stability of solar tracking systems. Developed by Arctech Solutions Pvt. Ltd., Skywings boasts patented bidirectional slew drives that enable synchronous movement of two tracker rows, ensuring compatibility with undulating terrain. Notably, its enhanced undulation tolerance of adjacent rows up to 15% in east/west and north/south directions contributes to improved performance and reliability. Additionally, Skywings offers real-time shading avoidance capabilities, potentially boosting energy generation by 8%, and can be seamlessly integrated with cleaning robots to further enhance energy yield. This innovation exemplifies the commitment of major market players to advancing dual-axis solar tracker technology and promoting the widespread adoption of solar energy solutions.

In July 2022, Polar Racking, a leading solar PV mounting systems manufacturer headquartered in Canada, completed the acquisition of Axsus Solar for an undisclosed sum. This strategic decision by Polar Racking aims to expand its product range by incorporating Axsus' highly-regarded Sol-X single-axis tracker alongside its existing fixed-tilt and carport solutions. Axsus Solar, also based in Canada, specializes in renewable energy platform manufacturing and is recognized for its expertise in designing solar tracking, fixed tilt, and dual solar tracking systems.

Major companies operating in the dual axis solar tracker market report are PARU Corporation, Trina Solar Co. Ltd., First Solar Inc., NEXTracker Inc., SunPower Corporation, Array Technologies Inc., Soitec S.A., Soltec Power Holdings S.A., Arctech Solar Holding Co. Ltd., DEGERenergie GmbH & Co. KG, ADES International Holding plc, Sun Action Trackers LLC, Reutech Radar Systems Pty Ltd., Energia Ercam S.A., Abengoa Solar India Pvt. Ltd., AllEarth Renewables Inc., Mecasolar SL, Titan Tracker Ltd., Powerway Corporation, Haosolar Co. Ltd, Kirchner Solar Group GmbH, Mechatron LLC, Moser LLC, Shandong Huayue New Energy Co. Ltd., Targray Technology International Inc., SunTactics Inc., Cabanillas Ingenieros S.L., Amberroot Systems Inc., HeliosLite SAS.

Asia-Pacific was the largest region in the dual axis solar tracker market in 2023. The regions covered in the dual axis solar tracker market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the dual axis solar tracker market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A dual-axis solar tracker is a component of solar energy systems designed to maximize the efficiency of solar panels by dynamically adjusting their orientation along two axes to track the movement of the sun throughout the day. This technology is utilized in solar energy systems to optimize the performance and energy output of photovoltaic (PV) panels.

The primary types of products available in a dual-axis solar tracker system include single-axis, dual-axis, and azimuth-altitude dual-axis trackers. Single-axis tracking involves adjusting solar panels or collectors to follow the sun's movement along one axis. It encompasses various technologies such as solar photovoltaic, concentrated solar power, and concentrated photovoltaic, and finds applications across utility, commercial, and residential sectors.

The dual-axis solar tracker market research report is one of a series of new reports that provides dual-axis solar tracker market statistics, including dual-axis solar tracker industry global market size, regional shares, competitors with dual-axis solar tracker market share, detailed dual-axis solar tracker market segments, market trends and opportunities, and any further data you may need to thrive in the dual-axis solar tracker industry. This dual-axis solar tracker market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The dual-axis solar tracker market consists of sales of tracker structures, controllers, tracker control systems, sun tracking sensors, power supply systems, and communication systems. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Dual Axis Solar Tracker Market Characteristics3. Dual Axis Solar Tracker Market Trends And Strategies
4. Dual Axis Solar Tracker Market - Macro Economic Scenario
4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market
5. Global Dual Axis Solar Tracker Market Size and Growth
5.1. Global Dual Axis Solar Tracker Market Drivers and Restraints
5.1.1. Drivers Of The Market
5.1.2. Restraints Of The Market
5.2. Global Dual Axis Solar Tracker Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Dual Axis Solar Tracker Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. Dual Axis Solar Tracker Market Segmentation
6.1. Global Dual Axis Solar Tracker Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Single Axis
  • Dual Axis
  • Azimuth-Altitude Dual Axis
6.2. Global Dual Axis Solar Tracker Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Solar Photovoltaic
  • Concentrated Solar Power
  • Concentrated Photovoltaic
6.3. Global Dual Axis Solar Tracker Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Utility
  • Commercial
  • Residential
7. Dual Axis Solar Tracker Market Regional And Country Analysis
7.1. Global Dual Axis Solar Tracker Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Dual Axis Solar Tracker Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Dual Axis Solar Tracker Market
8.1. Asia-Pacific Dual Axis Solar Tracker Market Overview
(Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
8.2. Asia-Pacific Dual Axis Solar Tracker Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Dual Axis Solar Tracker Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Dual Axis Solar Tracker Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Dual Axis Solar Tracker Market
9.1. China Dual Axis Solar Tracker Market Overview
9.2. China Dual Axis Solar Tracker Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Dual Axis Solar Tracker Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Dual Axis Solar Tracker Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Dual Axis Solar Tracker Market
10.1. India Dual Axis Solar Tracker Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Dual Axis Solar Tracker Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Dual Axis Solar Tracker Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Dual Axis Solar Tracker Market
11.1. Japan Dual Axis Solar Tracker Market Overview
11.2. Japan Dual Axis Solar Tracker Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Dual Axis Solar Tracker Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Dual Axis Solar Tracker Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Dual Axis Solar Tracker Market
12.1. Australia Dual Axis Solar Tracker Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Dual Axis Solar Tracker Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Dual Axis Solar Tracker Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Dual Axis Solar Tracker Market
13.1. Indonesia Dual Axis Solar Tracker Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Dual Axis Solar Tracker Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Dual Axis Solar Tracker Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Dual Axis Solar Tracker Market
14.1. South Korea Dual Axis Solar Tracker Market Overview
14.2. South Korea Dual Axis Solar Tracker Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Dual Axis Solar Tracker Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Dual Axis Solar Tracker Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Dual Axis Solar Tracker Market
15.1. Western Europe Dual Axis Solar Tracker Market Overview
15.2. Western Europe Dual Axis Solar Tracker Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Dual Axis Solar Tracker Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Dual Axis Solar Tracker Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Dual Axis Solar Tracker Market
16.1. UK Dual Axis Solar Tracker Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Dual Axis Solar Tracker Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Dual Axis Solar Tracker Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Dual Axis Solar Tracker Market
17.1. Germany Dual Axis Solar Tracker Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Dual Axis Solar Tracker Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Dual Axis Solar Tracker Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Dual Axis Solar Tracker Market
18.1. France Dual Axis Solar Tracker Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Dual Axis Solar Tracker Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Dual Axis Solar Tracker Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Dual Axis Solar Tracker Market
19.1. Italy Dual Axis Solar Tracker Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Dual Axis Solar Tracker Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Dual Axis Solar Tracker Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Dual Axis Solar Tracker Market
20.1. Spain Dual Axis Solar Tracker Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Dual Axis Solar Tracker Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Dual Axis Solar Tracker Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Dual Axis Solar Tracker Market
21.1. Eastern Europe Dual Axis Solar Tracker Market Overview
21.2. Eastern Europe Dual Axis Solar Tracker Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Dual Axis Solar Tracker Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Dual Axis Solar Tracker Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Dual Axis Solar Tracker Market
22.1. Russia Dual Axis Solar Tracker Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Dual Axis Solar Tracker Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Dual Axis Solar Tracker Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Dual Axis Solar Tracker Market
23.1. North America Dual Axis Solar Tracker Market Overview
23.2. North America Dual Axis Solar Tracker Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Dual Axis Solar Tracker Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Dual Axis Solar Tracker Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Dual Axis Solar Tracker Market
24.1. USA Dual Axis Solar Tracker Market Overview
24.2. USA Dual Axis Solar Tracker Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Dual Axis Solar Tracker Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Dual Axis Solar Tracker Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Dual Axis Solar Tracker Market
25.1. Canada Dual Axis Solar Tracker Market Overview
25.2. Canada Dual Axis Solar Tracker Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Dual Axis Solar Tracker Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Dual Axis Solar Tracker Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Dual Axis Solar Tracker Market
26.1. South America Dual Axis Solar Tracker Market Overview
26.2. South America Dual Axis Solar Tracker Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Dual Axis Solar Tracker Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Dual Axis Solar Tracker Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Dual Axis Solar Tracker Market
27.1. Brazil Dual Axis Solar Tracker Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Dual Axis Solar Tracker Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Dual Axis Solar Tracker Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Dual Axis Solar Tracker Market
28.1. Middle East Dual Axis Solar Tracker Market Overview
28.2. Middle East Dual Axis Solar Tracker Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Dual Axis Solar Tracker Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Dual Axis Solar Tracker Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Dual Axis Solar Tracker Market
29.1. Africa Dual Axis Solar Tracker Market Overview
29.2. Africa Dual Axis Solar Tracker Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Dual Axis Solar Tracker Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Dual Axis Solar Tracker Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Dual Axis Solar Tracker Market Competitive Landscape And Company Profiles
30.1. Dual Axis Solar Tracker Market Competitive Landscape
30.2. Dual Axis Solar Tracker Market Company Profiles
30.2.1. PARU Corporation
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Trina Solar Co. Ltd.
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. First Solar Inc.
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. NEXTracker Inc.
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. SunPower Corporation
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Dual Axis Solar Tracker Market Other Major And Innovative Companies
31.1. Array Technologies Inc.
31.2. Soitec S.A.
31.3. Soltec Power Holdings S.A.
31.4. Arctech Solar Holding Co. Ltd.
31.5. DEGERenergie GmbH & Co. KG
31.6. ADES International Holding plc
31.7. Sun Action Trackers LLC
31.8. Reutech Radar Systems Pty Ltd.
31.9. Energia Ercam S.A.
31.10. Abengoa Solar India Pvt. Ltd.
31.11. AllEarth Renewables Inc.
31.12. Mecasolar SL
31.13. Titan Tracker Ltd.
31.14. Powerway Corporation
31.15. Haosolar Co. Ltd
32. Global Dual Axis Solar Tracker Market Competitive Benchmarking33. Global Dual Axis Solar Tracker Market Competitive Dashboard34. Key Mergers And Acquisitions In The Dual Axis Solar Tracker Market
35. Dual Axis Solar Tracker Market Future Outlook and Potential Analysis
35.1 Dual Axis Solar Tracker Market In 2028 - Countries Offering Most New Opportunities
35.2 Dual Axis Solar Tracker Market In 2028 - Segments Offering Most New Opportunities
35.3 Dual Axis Solar Tracker Market In 2028 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright And Disclaimer

Executive Summary

Dual Axis Solar Tracker Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on dual axis solar tracker market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for dual axis solar tracker ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The dual axis solar tracker market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Product Type: Single Axis; Dual Axis; Azimuth-Altitude Dual Axis
2) By Technology: Solar Photovoltaic; Concentrated Solar Power; Concentrated Photovoltaic
3) By Application: Utility; Commercial; Residential

Key Companies Mentioned: PARU Corporation; Trina Solar Co. Ltd.; First Solar Inc.; NEXTracker Inc.; SunPower Corporation

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

  • PARU Corporation
  • Trina Solar Co. Ltd.
  • First Solar Inc.
  • NEXTracker Inc.
  • SunPower Corporation
  • Array Technologies Inc.
  • Soitec S.A.
  • Soltec Power Holdings S.A.
  • Arctech Solar Holding Co. Ltd.
  • DEGERenergie GmbH & Co. KG
  • ADES International Holding plc
  • Sun Action Trackers LLC
  • Reutech Radar Systems Pty Ltd.
  • Energia Ercam S.A.
  • Abengoa Solar India Pvt. Ltd.
  • AllEarth Renewables Inc.
  • Mecasolar SL
  • Titan Tracker Ltd.
  • Powerway Corporation
  • Haosolar Co. Ltd
  • Kirchner Solar Group GmbH
  • Mechatron LLC
  • Moser LLC
  • Shandong Huayue New Energy Co. Ltd.
  • Targray Technology International Inc.
  • SunTactics Inc.
  • Cabanillas Ingenieros S.L.
  • Amberroot Systems Inc.
  • HeliosLite SAS

Methodology

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