Solar panel positioning robots are basically the tracking systems installed along the solar panels, which actually allow the photovoltaic cells to face the correct direction in an appropriate angle (toward the sun). It is essential for a solar panel to face the correct direction in order to collect maximum solar radiations and achieve the maximum efficiency. Thus, automated solar panel positioning robots are highly useful. Trackers in the current scenario are able to hold up the solar panel and adjust the tilt with the help of their own motors. In general, trackers are of two types: single-axis trackers and dual-axis trackers. Dual-axis trackers make finer angle adjustment at the cost of more number of motors and hence, they have high hardware installing cost. Solar panel positioning robot is a wandering robot equipped with the motor, which is required to change the angel of the solar panel. The robot rails along the tracks which are laid down few feet above the ground along the series of solar panels.
The increase in environmental concerns, especially caused by high levels of greenhouse gases, steady increase in the demand for energy led by rise in population, and high prices of non-renewable sources of energy as compared to renewable sources are factors boosting the renewable energy sector, particularly the solar energy sector. Solar energy is easily accessible and it can be trapped effortlessly. The race of solar power to grow into the competition with conventional energy source (fossil fuels) has been accelerated by the consistence price drop of Photovoltaic cell modules in recent years. This drop in prices has presented an opportunity for growth of the solar market. Hence, the automation of positioning of these panels is witnessing high demand.
Solar panel positioning robots are mostly employed in large-scale solar power plants, as these robotic systems require more space for installation than conventional dual-axis trackers. Thus, in the commercial sector i.e. in hotels, hospitals, shopping malls, and offices complexes; large-scale installation of these robots may be required. Companies using the solar panels for the heat generation purpose would also require these robotic systems to enhance the efficiency of solar panels.
Countries promoting the usage of solar energy by giving subsidies and reducing the taxes present potential markets for solar panel positioning robots. Countries in Europe such as Germany, Italy, France, the U.K., and Belgium are witnessing a rising trend toward the use of solar energy. Countries in Asia such as China, India, and Japan are also installing large-scale solar power plants to satisfy their energy needs. This may create opportunities for growth of the solar panel positioning robots market in the region. The U.S., which also contributes significantly in harnessing of solar energy, is also likely to be a potential market for solar panel positioning robots in the next few years.
The potential key players in the market for solar panel positioning robots are companies operating in the market for solar tracking systems and automation of renewable energy; for example, Nextraker, Firelake Capital, LINAK, Morgan Solar, Ecoppia, Alion Energy, Susten, Ravin, Scorpius Tackers.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
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Below is a snapshot of these quadrants.
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The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
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