Solar Tracker Market Insights Report by 2026 - Trends & Future Growth Factors


This recently added report by Global Market Insights, Inc. on the Solar Tracker Market is a detailed analysis of the market sphere and provides details pertaining to Industry Tactics, Evolving Technologies, Key Companies, Growth Rate, Business Competitors, and Forecast by 2026. The report contains sufficient information about the various segments of the market and highlights their important aspects.

Persistent increase in carbon emissions across the globe along with rapidly depleting fossil fuels are anticipated to complement solar tracker market growth. Various federal bodies across the world have started to shift their focus towards adopting clean energy technologies as a primary source of energy. Surging demand for electricity due to rapid urbanization and development of advanced commercial structures has driven the adoption of solar powered systems.

Request for Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/364

The solar tracker market research report includes in-depth coverage of the industry with estimates & forecast in terms of “MW”, and “USD” from 2015 to 2026, for the following segments:
Market by Product
  • Single-axis
    • Horizontal
    • Vertical
  • Dual-axis
Market by Application
  • Residential
  • Commercial
  • Utility
The above information has been provided for the following regions and country:
·         North America
·         South America
·         Europe
·         Asia Pacific
·         Middle East & Africa

Browse key industry insights spread across 235 pages with 520 market data tables & 40 figures & charts from the report, “Solar Tracker Market By Product (Single Axis {Horizontal, Vertical}, Dual Axis), By Application (Residential, Commercial, Utility), Industry Analysis Report, Regional Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2020 – 2026” in detail along with the table of contents: https://www.gminsights.com/industry-analysis/solar-tracker-market-report

On the regional front, the Middle East is identified as a lucrative ground for the local solar tracker manufacturers as the region experiences heavy demand for uninterrupted power supply from the commercial sector. Estimates suggest that Middle East market might observe growth of more than 15% within the predicted timeframe.

Governments along with private & commercial institutions across the region are increasingly pouring investments towards the development of new solar power units. Citing an instance, earlier in June 2019, the U.A.E. revealed plans to invest nearly USD 163 billion on power generation projects to fulfill the nation's electricity demand, which includes renewable sources like nuclear, solar, waste-to-energy and geothermal. Investments that will boost the deployment of solar trackers across the Middle East.

Solar tracker industry has experienced substantial improvement with increasing focus on the promotion of energy-efficient tools and solutions across both commercial and residential sectors. Industry players putting in significant efforts on product innovations to improve device offering. Taking May 2020 for instance, Point Load Power released its flagship solar tracker technology, dubbed PV Booster Gen 2. The new rooftop solar tracking system was developed to maximize solar energy production from bifacial and mono facial solar panels, generating almost 70% more energy per panel than conventional fixed-tilt rooftop mounting systems.

The competitive landscape of global solar tracker market comprises companies such as NEXTracker, Inc., Meca Solar, First Solar, SOLTEC, SunPower Corporation, Titan Tracker, GameChange Solar among others.

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About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.

Phone:1-302-846-7766
Toll Free: 1-888-689-0688
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