Avail a limited period discount of 33% on our uniquely designed Opportunities and Strategies market research reports. Contact us today and make winning strategies!

The global solar tracker market is expected to grow from $6.73 billion in 2021 to $7.72 billion in 2022 at a compound annual growth rate (CAGR) of 14.69%. The global solar tracker market size is expected to grow to $13.58 billion in 2026 at a compound annual growth rate (CAGR) of 15.15%.

An increase in the number of solar panel installations across the globe is expected to propel the growth of the solar tracker market.

Request A Sample For The Global Solar Tracker Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6769&type=smp

The solar tracker market consists of sales of the solar tracker by entities (organizations, sole traders, and partnerships) that refer to a system that positions solar panels at an angle relative to the sun to absorb more sunlight and generate more electricity. Active solar tracking systems utilize powered machineries such as gears and motors to move solar panels, whereas passive trackers attain motion by heating compressed liquid by the sun.

Global solar tracker market segments include:
By Axis Type: Single Axis, Dual Axis

By Technology: Solar Photovoltaic (PV), Concentrated Solar Power (CSP), Concentrated Photovoltaic (CPV) 

By Application: Residential, Commercial and Industrial, Utility

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global solar tracker market in 2021.

New product developments are the key trend gaining popularity in the solar tracker market. Major companies operating in the solar tracker market are focused on developing innovative products to meet industry-specific technical demands and strengthen their market position across the globe.

TBRC’s solar tracker market report covers:

Major Market Players: NEXTracker Inc, Array Technologies Inc, PVHardware, Arctech Solar, Soltec Trackers, Nclave Renewable, Convert Italia, STI Norland, Soluciones Tecnicas Integrales Norland SL, Nextracker Inc (Flex Ltd), Scorpius Trackers, Gonvarri Steel Services, GameChange Solar, Solar Steel, and Abengoa Solar.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Solar Tracker Global Market Report 2022  is one of a series of new reports from The Business Research Company that provides solar tracker market overviews, analyzes and forecasts market size, share, solar tracker market players, solar tracker market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s solar tracker market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here Is A List Of Similar Reports From The Business Research Company:

Solar Tracker For Power Generation Global Market Report 2022

Solar Water Pump Systems Global Market Report 2022

Solar Photovoltaic Panel Manufacturing Global Market Report 2022

Interested To Know More About The Business Research Company?

The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

Read More About Us At https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx

Contact Us:

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 8897263534

Americas: +1 315 623 0293

Email: info@tbrc.info

Check out our:

Healthcare Blog: https://healthcareresearchreports.com/

LinkedIn: https://in.linkedin.com/company/the-business-research-company

Twitter: https://twitter.com/tbrc_info

Facebook: https://www.facebook.com/TheBusinessResearchCompany

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: