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Market Research Store Report: Global Solar Tracker Market to Expand at 17.6% CAGR till 2020

Global demand for solar tracker market was valued at over USD 2.40 million in 2014 and is expected to reach around USD 6.0 billion in 2020, growing at a CAGR of slightly above 17% by 2020.

The report covers forecast and analysis for the solar tracker market on a global and regional level. The study provides historic data of 2014 along with a forecast from 2014 to 2020 based on both capacity (MW) and revenue (USD Million). The study includes drivers and restraints for the solar tracker market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the solar tracker market on a global level.

According to the report, global demand for Solar Tracker Market was valued at over USD 2.40 million in 2014 and is expected to reach around USD 6.0 billion in 2020, growing at a CAGR of slightly above 17% between 2015 and 2020. Global solar tracker market installed capacity was 2,874.2 MW in 2014.

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In order to give the users of this report a comprehensive view on the solar tracker market, we have included a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s five forces model for the solar tracker market has also been included. The study includes a market attractiveness analysis, wherein product, technology and application segments are benchmarked based on their market size, growth rate and general attractiveness.

The study provides a decisive view on the solar tracker market by segmenting the market based on technology, product and application. All the technology, product and application segments have been analyzed based on present and future trends and the market is estimated from 2014 to 2020. Key application markets covered under this study includes utility and non-utility applications. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East and Africa with its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India and Brazil.

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The report covers detailed competitive outlook including company profiles of the key participants operating in the global market. Key players profiled in the report include Wuxi Hao Solar Technology Co. Ltd., Abengoa Solar, S.A., AllEarth Renewables, Inc., Array Technologies, Inc., DEGERenergie GmbH, SunPower Corporation, Grupo Clavijo Elt SL, Titan Tracker SL, SmartTrak Solar Systems Pvt. Ltd., Powerway Renewable Energy Co., Ltd., Energia Ercam SL, Mecasolar España SL, First Solar, Inc., Mechatron S.A., Soitec, Optimum Tracker and CM Tracker.

The report segments the global solar tracker market into:

Global Solar Tracker Market: Product Segment Analysis

  • Single Axis
  • Dual Axis

 Global Solar Tracker Market: Technology Segment Analysis

  • Solar PV
  • CPV
  • CSP

Global Solar Tracker Market: Application Segment Analysis

  • Utility
  • Non-utility

Global Solar Tracker Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • Germany
    • France
    • UK
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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