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.
In 2019, the market size of Dual Axis Solar Tracker is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 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 studies the global market size of Dual Axis Solar Tracker, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Dual Axis Solar Tracker production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
AllEarth Renewables
Sun Action Trackers
NEXTracker
Array Technologies
SunPower
Abengoa Solar
Scorpius Trackers
Powerway
Titan Tracker
DEGERenergie GmbH
Market Segment by Product Type
Fully-Automatic Solar Trackers
Semi-Automatic Solar Trackers
Market Segment by Application
Utility
Commercial
Residential
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Dual Axis Solar Tracker status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Dual Axis Solar Tracker manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies 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 are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
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 (United States, European Union and China) Dual Axis Solar Tracker Market Research Report 2019-2025. 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.