Solar Tracker Market Forecasts to 2028

1. Global Solar Tracker Industry Analysis Global Solar Tracker Market 2028 Outlook Report A solar tracker refers to the device used for orienting a solar panel or solar reflector toward the sun to harness additional sunlight. Based on the design and tracking mechanism, some of the commonly used variants include active, passive, single-axis and dual-axis trackers. The trackers are attached to the solar panels to alter their position in sync with the sun irrespective of the weather conditions. This ensures that the solar modules are correctly positioned to gather maximum solar energy and to improve the overall efficiency of the solar panels. Based on movement, the single axis segment is estimated to have a lucrative growth due to its high reliability index, lower cost, and longer lifespan. They are specifically aligned across the north meridian and can be positioned across the cardinal direction with the help of advanced algorithms. Simple mechanism and higher efficiency are the imperative factors which will complement the industry outlook. Single-axis solar trackers take up more land as compared to fixed panels as their movement can create shadows that can affect the efficiency of neighbouring panels. Moreover, the use of single-axis trackers maximizes potential output but also come with higher capital expenditure and operating expenditure. Request for Customization of “Solar Tracker - Global Market Outlook (2020 -2028)” @ https://www.strategymrc.com/report/solar-tracker-market/request-customization What our report offers: - Market share assessments for the regional and country-level segments - Strategic recommendations for the new entrants - Covers Market data for the years 2019, 2020, 2021, 2025, and 2028 - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) - Strategic recommendations in key business segments based on the market estimations - Competitive landscaping mapping the key common trends - Company profiling with detailed strategies, financials, and recent developments - Supply chain trends mapping the latest technological advancements Some of the key players profiled in the Solar Tracker Market include Arctech Solar, Array Technologies, Convert Italia, Exosun, Ideematec, NEXTracker, PV Hardware, Scorpius Trackers, Solar Steel, Soltec, STi Norland, Sun Action Trackers, and SunPower. About Us: StrategyMRC research reports and publications are routed to help clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects. We track 30+ industries and cover 800 market segments. Call Us: +1-301-202-5929 Email: info@strategymrc.com

2. Global Solar Tracker Industry Analysis Details 2021 Report Coverage Published Year: USD 16.07 billion Estimated Market Size in 2020: 2020 Estimated Period: Compound Annual Growth Rate (CAGR) from 2020 to 2028: 17.6% USD 58.79 billion Predicted 2028 Value: 2021-2028 Forecast Years: Tables, Graphs & Figures 126 Type, Technology, Movement, Application and Region • Growing off grid electricity demand • Increasing focus on utility scale projects • Stringent clean energy targets Chapters Covered: Core Drivers and Opportunities: Lack of required infrastructure Initial requirement of heavy capital investments • • Restraining Factors & Market Threats: View complete “Solar Tracker - Global Market Outlook (2020 -2028)” report @ https://www.strategymrc.com/report/solar-tracker-market Contact Us: Stratistics Market Research Consulting Phone: +1-301-202-5929 Email: info@strategymrc.com Website: https://www.strategymrc.com/ Visit our Blog: https://strategymrc.blogspot.com/ Call Us: +1-301-202-5929 Email: info@strategymrc.com