Solar Tracker Market Analysis Set for Rapid Growth and Trend, by 2020

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Solar Trackers Market

• Global Industry Analysis, Size, Share, Growth,
  Trends and Forecast, 2020

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• Solar Trackers Market Overview

• Tracking technology allows solar panels to track
  the movement of sun and enhance its output
  efficiency by 20 to 40 as compared to a fixed
  solar PV array.
• Flat-panel photovoltaic (PV), Concentrated
  Photovoltaic (CPV) and Concentrated Solar Thermal
  (CSP) are some of the key technologies in the
  solar tracker market.
• Solar trackers have unique functionalities in
  each application such as minimizing the angle of
  incidence between the photovoltaic panel and
  incoming sunlight in PV applications and
  orienting the optics in CPV and CSP systems.

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Solar Trackers Market Geographical overview

• Geographically, this research study has
  classified the global solar trackers market into
  North America, the Asia Pacific, Latin America,
  and Europe.
• As per industry estimates, it is expected that
  Europes share in the overall solar trackers
  market will decline in the forthcoming years.
  Also, the global solar trackers market will get a
  significant boost due to greater demand for solar
  trackers from countries like Japan, China, India,
  and the U.S.
• In 2010, this market was led by Europe, with a
  market contribution of more than 60 of the
  global annual installed capacity.
• It is also expected that the solar trackers
  markets in Spain and China will witness robust
  growth during the forecast period owing to
  greater government support towards energy
  generation.

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Solar Trackers Market segmentation

• According to this market research report, the
  global solar trackers market is segmented on the
  basis of technology, product type, application,
  and geography.
• Some of the main technologies applied in the
  global solar trackers market are concentrated
  solar thermal (CSP), flat-panel photovoltaic
  (PV), and concentrated photovoltaic (CPV).
• The two types of solar trackers that are used
  extensively all across the globe are single axis,
  and dual axis.
• Solar trackers are applied extensively in
  utility-scale solar projects, and other
  commercial and residential projects.

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The prominent companies operating in the global
solar trackers market 

• Amonix, Energia Ercam
• Frontier Technology Group Ltd.
• Mechatron
• Ideematech Deutschland GmbH
• Haosolar Co. Ltd
• SmartTrak Solar Systems Pvt. Ltd.

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