The dominance of single-axis trackers in the large utility-scale solar market sometimes steals the limelight from its dual-axis cousins. But dual-axis trackers—those that follow the sun more directly than single-axis models’ east-west path—have their place in residential and commercial markets. Different manufacturers use different methods of tracking to follow the sun, the dual-axis trackers use GPS signals to determine the tracker’s latitude and longitude, as well as the date and time. With this information, the tracker will know the position of the sun for any given time and orient itself to face the sun using a hydraulic drive system. The tracker will be facing the sun even during cloudy periods, so when the clouds part the tracker will already be positioned to maximize power production without any delays to reposition itself.
The global dual axis tracker market is in nascent phase, and it is likely to growat a rapid rate on account of increasing focus on enhancing the energy produced from solar power systems. The technological benefits associated with dual tracker are a big boost for its adoption. Globally, the rising concern regarding pollution caused from conventional sources of energy has led to explore the alternate sources of energy. The popularity of solar power generation has led to widespread research and development to enhance the efficiency of the solar power plants. The dual axis trackers enhance the energy production by 30 to 45 percent from solar panels in comparison to fixed installations.
Globally, the increasing awareness about clean energy is providing a huge impetus to alternate sources of energy. As per the Paris climate deal, the countries across the globe have committed to use clean energy sources and move away from conventional fuels, which cause adverse effects on environment. The dual axis solar trackers can be used to enhance the net energy generation from solar power plants.
Europe region would dominate the market growth in dual axis solar trackers market, owing to huge investments made in solar power development in the region. Rising environmental concerns have led to rapid adoption of solar energy in the European countries.
The Dual Axis Solar Tracker market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Dual Axis Solar Tracker.
This report presents the worldwide Dual Axis Solar Tracker market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
AllEarth Renewables
Sun Action Trackers
NEXTracker
Array Technologies
SunPower
Abengoa Solar
Scorpius Trackers
Powerway
Titan Tracker
DEGERenergie GmbH
Dual Axis Solar Tracker Breakdown Data by Type
Fully-Automatic Solar Trackers
Semi-Automatic Solar Trackers
Dual Axis Solar Tracker Breakdown Data by Application
Utility
Commercial
Residential
Dual Axis Solar Tracker Production by Region
United States
Europe
China
Japan
Other Regions
Dual Axis Solar Tracker Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Dual Axis Solar Tracker status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Dual Axis Solar Tracker manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Dual Axis Solar Tracker :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Dual Axis Solar Tracker market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Dual Axis Solar Tracker. Industry analysis & Market Report on Dual Axis Solar Tracker is a syndicated market report, published as Global Dual Axis Solar Tracker Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Dual Axis Solar Tracker market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.