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

1. Solar Trackers Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2020 ©2019 Transparency Market Research, All Rights Reserved

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3. 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. Solar Trackers Market: Overview View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved

4. 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 Europe’s 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.

5. 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. ©2019 Transparency Market Research, All Rights Reserved

6. The prominent companies operating in the global solar trackers market  Amonix, EnergiaErcam Frontier Technology Group Ltd. Mechatron Ideematech Deutschland GmbH Haosolar Co. Ltd SmartTrak Solar Systems Pvt. Ltd. ©2019 Transparency Market Research, All Rights Reserved

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