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Solar Trackers Market

Solar Trackers Market (Technology: Solar PV, Concentrated Photovoltaic [CPV], and Concentrated Solar Power [CSP[; Product: Single Axis, Dual Axis, and Fixed Solar Systems; and Application: Utility and Non-utility) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Solar Trackers Market Outlook 2031

  • The global solar trackers market was valued at 6,998.8 MW in 2020
  • It is estimated to expand at a CAGR of 16.4% from 2021 to 2031
  • The global solar trackers market is expected to reach the value of 37,196.86 MW by the end of 2031

Analysts’ Viewpoint on Solar Trackers Market Scenario

Companies in the solar trackers market are catering to mission-critical applications in utilities and non-utility sectors to ensure business continuity amid the ongoing coronavirus crisis. However, it has been found that solar trackers require more maintenance as compared to fixed systems. Nevertheless, companies in the solar trackers market should increase awareness about advantages such as purposeful land optimization and continuous advancements in technology, which help to offset the disadvantages of solar trackers. The market solar trackers has been expanding significantly off late due to the increasing number of government subsidies in countries around the world. The market in Asia Pacific is expected to grow exponentially, owing to major developments in the renewable energy sector.

Europe Registers Growth whilst North America Struggles to Stay at Par

Europe is expected to have a high DNI (Direct Normal Irradiance), which comes to approximately 5.5kWh/m2. Hence, solar trackers is one of the preferred renewable technologies used for energy generation in this region. Dual axis solar tracker applications are projected to increase in CSP (Concentrated Solar Power) and CPV (Concentrated Photovoltaic) plants. Single axis solar trackers are preferred in utility scale projects due to low installation cost and high efficiency. Single axis tracker systems accounted for more than 85% revenue share of the solar trackers market in 2020.

The decline in FIT (Feed-in Tariff) rates and incentive schemes have hindered the non-utility sector in North America. This was compensated with a provision of government stimulus for the development of large solar tracker installations in the U.S. and Canada. The shifting focus toward utility scale projects is likely to fuel the growth of the market. Increased and upcoming CSP installations, wherein dual axis trackers are widely preferred, are expected to bolster the revenue share of dual axis trackers over the period.

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Rise in Stay-at-home Trends Creating Revenue Opportunities amid Coronavirus Crisis

Companies in the solar trackers market are riding the crest of popularity due to the ongoing demand for renewable energy utility services amid the coronavirus crisis. Several drivers such as work-from-home trends, rise in the number of stay-at-home parents, remote working, and online schooling are anticipated to fuel long-term growth opportunities despite poor market sentiments. R&D is emerging as an important tool for both established players and startups to scale business for solar trackers. As such, there is a need for better communication across company departments to avoid disruption across customer demand, supply of materials, and availability of logistics services.

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CPV V/S CSP: Which is Better?

In terms of technology, the solar trackers market has been segmented into solar photovoltaics, concentrated solar power, and concentrated photovoltaic. CPV is one of the prime segments of the market for solar trackers, owing to a number of advantages associated with concentrated photovoltaics.

For successful installation of the CPV panel, it must be facing the sun. In CSP the solar radiations are concentrated on a small surface which gets heated. The heat from this surface then is converted into energy with the help of either a sterling engine or a fluid. Companies in the solar trackers market are unlocking revenue opportunities in utility and non-utility applications.

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Solar Trackers Help in Remote Assistance and Monitoring of Solar Plants

Companies in the solar trackers market are gaining popularity with the invention of robotic devices that assist in the maintenance of solar trackers during operation. The U.S. companies are announcing the successful completion of some of their largest trackers deal to gain a competitive edge over other market players on the global level. The contract involves shipment of smart solar trackers of 3.4 GW capacities to couple of more projects run by 174 Power Global across the U.S.

Large solar tracking plants in Ukraine with a capacity of 33 MW are being commissioned in the Zhytomyr region. The commissioning is being executed with the help of cloud-based SCADA (Supervisory Control and Data Acquisition), which had been conceived from the beginning in order to optimize remote assistance and monitoring of solar plants. Due to the ongoing war between Ukraine and Russia, participants in the solar trackers market are diversifying their business activities in high growth regions of Europe, India, and the U.S.

Single Axis Trackers Gain Popularity for Cost Efficiency over Dual Axis Trackers

Based in product type, companies are increasing manufacturing of dual axis, single axis, and fixed solar systems. Among these, single axis trackers are majorly utilized in solar PV systems, owing to their cost-friendly nature as well as high electricity output in comparison to dual axis trackers. Single axis trackers comprise a single axis for rotation. They can be vertical, polar or tilted, and horizontally aligned. On the other hand, dual axis trackers comprise two axes for rotation and vertically trap maximum of the solar radiations.

Solar Trackers Market: Overview

  • 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 available in the solar trackers 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. Presently, CPV is one of the emerging technologies in the solar energy industry due to the benefits it offers. Low manufacturing cost of CPV technology assists in generating energy at low costs. Around 85% to 90% solar panels can be recycled due to usage of glass and aluminum as raw materials.
  • Single axis and dual axis are two types of trackers installed worldwide. Single axis trackers have only one axis for rotation. They could be horizontal, vertical, tilted, or polar aligned, moving from east to west over the course of a day. Dual axis trackers rotate in two axes, both east to west. They vertically trap the maximum solar radiations. Single axis trackers are primarily used in solar PV systems due to their lower cost compared to dual axis trackers and high electricity output against fixed systems.

Significant Expansion of Solar Trackers Market

  • Europe has high DNI (Direct Normal Irradiance: 5.5kWh/m2); thus, solar trackers is one of the preferred renewable technologies used for energy generation. Dual axis solar trackers applications are expected to increase in CSP and CPV plants. Single axis is preferred in utility scale projects due to low installation cost and high efficiency. Single axis tracker systems accounted for more than 85% share of the solar trackers market in 2020. Reduction of FIT rates and incentive schemes hindered the non-utility market in North America. This was compensated with a provision of government stimulus for the development of large solar trackers installations in the U.S. and Canada. Shifting focus toward utility scale projects is likely to fuel the market. Increased and upcoming CSP installations, wherein dual axis trackers are widely preferred, are expected to bolster the dual axis trackers market over the forecast period.
  • Europe dominated the market in 2020 with more than 60% share of the global annual installed capacity. Annulment of certain premium schemes and reduction of FIT (Feed in Tariff) rates hindered the European solar trackers market. Europe was followed by North America in terms of annual installed capacity. Spain, Germany, Italy, and Greece were the key countries of the solar trackers market in Europe, together accounting for over 60% of the Europe’s annual installed capacity in 2020. China and Spain are expected to register the fastest growth among all countries, owing to the stimulus offered by their governments for energy generation through renewable sources. The solar trackers market in India is expected to expand with substantial annual installations in Gujarat and Rajasthan over the forecast period.

Solar Trackers Market: Competition Landscape

  • The solar trackers market is fragmented; a few companies have sustained their brand equity over the past couple of years through their global presence. Haosolar was the largest manufacturer of solar trackers in 2020 and accounted for over 23% of the solar trackers market share by annual installed capacity.
  • Abengoa Solar and SunPower were the next largest companies followed by others, including Mecasolar, Energia Ercam, and First Solar (Ray Tracker). Qbotix is gaining popularity with the invention of robotic devices that assist in the maintenance of solar trackers during operation.

Solar Trackers Market: Key Development

  • In March 2020, NEXTracker announced the successful completion of its largest trackers deal, touted to be the largest of its kind in the industry, with 174 Power Global. The contract involved shipment of smart solar trackers of 3.4 GW capacities to seven projects run by 174 Power Global across the U.S.
  • In May 2020, Ukraine's largest solar tracking plant with a capacity of 33 MW was commissioned in Lyubar, Zhytomyr region. The commissioning was executed by using SolControl, Soltigua’s cloud-based SCADA, which had been conceived from the beginning to be optimized for remote assistance and monitoring of the solar plant.

Solar Trackers Market Snapshot

Attribute

Detail

Installed Capacity in 2020

6,998.8 MW

Installed Capacity in 2031

37,196.86 MW

Growth Rate (CAGR)

16.4%

Forecast Period

2021-2031

Quantitative Units

For Value (US$ Mn) and Volume (MW)

Competition Landscape

Company Profiles section includes overview, product portfolio, key subsidiaries or distributors, strategy & recent developments, and key financials.

Format

Electronic (PDF) + Excel

Market Segmentation

  • Technology Analysis
    • Solar PV
    • Concentrated Photovoltaic (CPV)
    • Concentrated Solar Power (CSP)
  • Product Analysis
    • Single Axis
    • Dual Axis
    • Fixed Solar Systems
  • Application Analysis
    • Utility
    • Non-utility

Regions Covered

  • Europe
  • Asia Pacific
  • Latin America
  • North America
  • Middle East & Africa

Countries Covered

  • Spain
  • Italy
  • Germany
  • Greece
  • China
  • India
  • Japan
  • Brazil
  • Chile
  • U.S
  • Canada
  • GCC Countries
  • South Africa

Companies Profiled

  • Abengoa Solar
  • SunPower
  • Mecasolar
  • Energia Ercam
  • First Solar
  • Qbotix

Customization Scope

Available upon Request

Pricing

Available upon Request

Solar Trackers Market – Segmentation

TMR’s research study the detailed analysis of companies dealing in solar trackers, trend analysis, and demand forecast by geography. Various levels of market segmentation for which estimate and forecast has been provided are as follows:

Technology
  • Solar PV
  • Concentrated Photovoltaic (CPV)
  • Concentrated Solar Power (CSP)
Product
  • Single Axis
  • Dual Axis
  • Fixed Solar Systems
Application
  • Utility
  • Non-utility
Regional Analysis
  • Europe
  • Asia Pacific
  • Latin America
  • North America
  • Middle East & Africa
Solar Trackers Market

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1. Preface

    1.1. Report Description

    1.2. Market Segmentation

    1.3. Research Scope

    1.4. Research Methodology

2. Executive Summary

3. Solar Trackers - Industry Analysis

    3.1. Introduction

    3.2. Value Chain Analysis

    3.3. Market Drivers

        3.3.1. Growing Photovoltaic (PV) Demand

        3.3.2. Tracking Systems Boost the Efficiency of Solar Cells

        3.3.3. Government Incentive Schemes and Feed in Tariff’s (FIT)

    3.4. Restraints

        3.4.1. Capital Intensive Technology

    3.5. Opportunities

        3.5.1. High Potential in the Asia Pacific Solar PV Market

    3.6. Regulatory Framework

    3.7. Porter’s Five Forces Analysis

        3.7.1. Bargaining Power of Suppliers

        3.7.2. Bargaining Power of Buyers

        3.7.3. Threat of Substitutes

        3.7.4. Threat of New Entrants

        3.7.5. Degree of Competition

    3.8. Solar Trackers: Market Attractiveness Analysis, by Technology, 2020

    3.9. Solar Trackers: Company Market Share Analysis, 2020

4. Solar Trackers Market – Technology Analysis

    4.1. Global Solar Trackers Market: Technology Overview

        4.1.1. Global Solar Trackers Market, Annual Installation Share, by Technology, 2020 and 2031

    4.2. Solar Photovoltaic (Solar PV)

        4.2.1. Global Solar PV Trackers Annual Installations, 2020– 2031 (MW)

    4.3. Concentrated Photovoltaic (CPV)

        4.3.1. Global Concentrated Photovoltaic (CPV) Trackers Annual Installations, 2020– 2031 (MW)

    4.4. Concentrated Solar Power (CSP)

        4.4.1. Global Concentrated Solar Power (CSP) Trackers Annual Installation, 2020– 2031 (MW)

5. Solar Trackers Market – Product Segment Analysis

    5.1. Solar Trackers Market: Product Segment Overview

        5.1.1. Global Solar Trackers Market, Annual Installation Share, by Product, 2020 and 2031

    5.2. Single Axis

        5.2.1. Global Single Axis Trackers Market Estimates and Forecast, 2020– 2031 (MW)

    5.3. Dual Axis

        5.3.1. Global Dual Axis Trackers Market Estimates and Forecast, 2020– 2031 (MW)

    5.4. Fixed Solar Systems

        5.4.1. Global Fixed Solar Systems Market, Annual Installation Share, by Geography, 2021 and 2031

        5.4.2. Global Fixed Solar Systems Market, Annual Installation Share, by Application, 2021 and 2031

        5.4.3. North America

        5.4.4. Europe

        5.4.5. Asia Pacific

        5.4.6. Latin America

        5.4.7. Middle East & Africa (MEA)

6. Global Solar Trackers Market – Regional Analysis

    6.1. Global Solar Trackers Market: Regional Overview

        6.1.1. Global Solar Trackers Annual Installation, by Region, 2020 & 2031

    6.2. North America

        6.2.1. North America Solar Trackers Annual Installed Capacity, by Technology, 2020 - 2031, (MW)

        6.2.2. North America Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (MW)

            6.2.2.1. North America Solar Trackers Market, by Product, 2020 – 2031( value (UD$ Mn).

        6.2.3. North America Solar Trackers Annual Installed Capacity, by Application, 2020 - 2031, (MW)

        6.2.4. U.S.

            6.2.4.1. U.S. Solar Trackers Annual Installed Capacity, by Technology, 2020 - 2031, (MW)

            6.2.4.2. U.S. Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (MW)

            6.2.4.3. U.S. Solar Trackers Market, by Product, 2020 – 2031 (US$ Mn)

            6.2.4.4. U.S. Solar Trackers Price, by Product, 2020 – 2031 (US$/Watt)

            6.2.4.5. U.S. Solar Trackers Annual Installed Capacity, by Application, 2020 - 2031, (MW)

        6.2.5. Canada

            6.2.5.1. Canada Solar Trackers Annual Installed Capacity, by Technology, 2020 - 2031, (MW)

            6.2.5.2. Canada Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (MW)

            6.2.5.3. Canada Solar Trackers Market, by Product, 2020 – 2031 (US$ Mn)

            6.2.5.4. Canada Solar Trackers Price, by Product, 2020 – 2031 (US$/Watt)

            6.2.5.5. Canada Solar Trackers Annual Installed Capacity, by Application, 2020 - 2031, (MW)

    6.3. Europe

        6.3.1. Europe Solar Trackers Annual Installed Capacity, by Technology, 2020 - 2031, (MW)

        6.3.2. Europe Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (MW)

            6.3.2.1. Europe Solar Trackers Market Revenue, 2020-2031 (US$ Mn)

        6.3.3. Europe Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031 (MW)

        6.3.4. Spain

            6.3.4.1. Spain Solar Trackers Annual Installed Capacity, by Technology, 2020 – 2031 (MW)

            6.3.4.2. Spain Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (MW)

                6.3.4.2.1. Spain Solar Trackers Market Revenue, by Product, 2020 - 2031 (US$ Mn)

                6.3.4.2.2. Spain Solar Trackers Price, by Product, 2020 – 2031 (US$/Watt)

            6.3.4.3. Spain Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031 (MW)

        6.3.5. Germany

            6.3.5.1. Germany Solar Trackers Annual Installed Capacity, by Technology, 2020 – 2031 (MW)

            6.3.5.2. Germany Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (MW)

                6.3.5.2.1. Germany Solar Trackers Market Revenue, by Product, 2020-2031 (US$ Mn)

                6.3.5.2.2. Germany Solar Trackers Price, by Product, 2020 – 2031 (US$/Watt)

            6.3.5.3. Germany Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031 (MW)

        6.3.6. Greece

            6.3.6.1. Greece Solar Trackers Annual Installed Capacity, by Technology, 2020 – 2031 (MW)

            6.3.6.2. Greece Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (MW)

                6.3.6.2.1. Greece Solar Trackers Market Revenue, by Product, 2020-2031 (US$ Mn)

                6.3.6.2.2. Greece Solar Trackers Price, by Product, 2020 – 2031 (US$/Watt)

            6.3.6.3. Greece Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031 (MW)

        6.3.7. Italy

            6.3.7.1. Italy Solar Trackers Annual Installed Capacity, by Technology, 2020 – 2031 (MW)

            6.3.7.2. Italy Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (MW)

                6.3.7.2.1. Italy Solar Trackers Market Revenue, by Product, 2020-2031 (US$ Mn)

                6.3.7.2.2. Italy Solar Trackers Price, by Product, 2020 – 2031 (US$/Watt)

            6.3.7.3. Italy Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031 (MW)

    6.4. Asia Pacific

        6.4.1. Asia Pacific Solar Trackers Annual Installed Capacity, by Technology, 2020 - 2031, (MW)

        6.4.2. Asia Pacific Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (MW)

            6.4.2.1. Asia Pacific Solar Trackers Market, by Product, 2020 – 2031 (US$ Mn)

        6.4.3. Asia Pacific Solar Trackers Annual Installed Capacity, by Application, 2020 - 2031, (MW)

        6.4.4. China

            6.4.4.1. China Solar Trackers Annual Installed Capacity, by Technology, 2020 - 2031, (MW)

            6.4.4.2. China Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (MW)

                6.4.4.2.1. China Solar Trackers Market, by Product, 2020 – 2031 (US$ Mn)

                6.4.4.2.2. China Solar Trackers Price, by Product, 2020 – 2031 (US$/Watt)

            6.4.4.3. China Solar Trackers Annual Installed Capacity, by Application, 2020 - 2031, (MW)

        6.4.5. Japan

            6.4.5.1. Japan Solar Trackers Annual Installed Capacity, by Technology, 2020 - 2031, (MW)

            6.4.5.2. Japan Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (MW)

                6.4.5.2.1. Japan Solar Trackers Market, by Product, 2020 – 2031 (US$ Mn)

                6.4.5.2.2. Japan Solar Trackers Price, by Product, 2020 – 2031 (US$/Watt)

            6.4.5.3. Japan Solar Trackers Annual Installed Capacity, by Application, 2020 - 2031, (MW)

        6.4.6. India

            6.4.6.1. India Solar Trackers Annual Installed Capacity, by Technology, 2020 - 2031, (MW)

            6.4.6.2. India Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (MW)

                6.4.6.2.1. India Solar Trackers Market Revenue, by Product, 2020 – 2031 (US$ Mn)

                6.4.6.2.2. India Solar Trackers Price, by Product, 2020 – 2031 (US$/Watt)

            6.4.6.3. India Solar Trackers Annual Installed Capacity, by Application, 2020 - 2031, (MW)

    6.5. Latin America

        6.5.1. Latin America Solar Trackers Annual Installed Capacity, by Technology, 2020 - 2031, (MW)

        6.5.2. Latin America Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (MW)

            6.5.2.1. Latin America Solar Trackers Market, by Product, 2020 – 2031 (US$ Mn)

        6.5.3. Latin America Solar Trackers Annual Installed Capacity, by Application, 2020 - 2031, (MW)

        6.5.4. Brazil

            6.5.4.1. Brazil Solar Trackers Annual Installed Capacity, by Technology, 2020 - 2031, (MW)

            6.5.4.2. Brazil Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (MW)

                6.5.4.2.1. Brazil Solar Trackers Market, by Product, 2020 – 2031 (US$ Mn)

                6.5.4.2.2. Brazil Solar Trackers Price, by Product, 2020 – 2031 (US$/Watt)

            6.5.4.3. Brazil Solar Trackers Annual Installed Capacity, by Application, 2020 - 2031, (MW)

        6.5.5. Chile

            6.5.5.1. Chile Solar Trackers Annual Installed Capacity, by Technology, 2020 - 2031, (MW)

            6.5.5.2. Chile Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (MW)

                6.5.5.2.1. Chile Solar Trackers Market, by Product, 2020 – 2031 (US$ Mn)

                6.5.5.2.2. Chile Solar Trackers Price, by Product, 2020 – 2031 (US$/Watt)

            6.5.5.3. Chile Solar Trackers Annual Installed Capacity, by Application, 2020 - 2031, (MW)

    6.6. Middle East & Africa

        6.6.1. Middle East & Africa Solar Trackers Annual Installed Capacity, by Technology, 2020 - 2031, (MW)

        6.6.2. Middle East & Africa Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (MW)

            6.6.2.1. Middle East & Africa Solar Trackers Market, by Product, 2020 – 2031 (US$ Mn)

        6.6.3. Middle East & Africa Solar Trackers Annual Installed Capacity, by Application, 2020 - 2031, (MW)

        6.6.4. GCC

            6.6.4.1. GCC Solar Trackers Annual Installed Capacity, by Technology, 2020 - 2031, (MW)

            6.6.4.2. GCC Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (MW)

                6.6.4.2.1. GCC Solar Trackers Market, by Product, 2020 – 2031 (US$ Mn)

                6.6.4.2.2. GCC Solar Trackers Price, by Product, 2020 – 2031 (US$/Watt)

            6.6.4.3. GCC Solar Trackers Annual Installed Capacity, by Application, 2020 - 2031, (MW)

        6.6.5. Africa

            6.6.5.1. Africa Solar Trackers Annual Installed Capacity, by Technology, 2020 - 2031, (MW)

            6.6.5.2. Africa Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (MW)

                6.6.5.2.1. Africa Solar Trackers Market, by Product, 2020 – 2031 (US$ Mn)

                6.6.5.2.2. Africa Solar Trackers Price, by Product, 2020 – 2031 (US$/Watt)

            6.6.5.3. Africa Solar Trackers Annual Installed Capacity, by Application, 2020 - 2031, (MW)

7. Company Profiles

    7.1. Brightsource Energy Inc.

        7.1.1. Company Overview

        7.1.2. Business Strategy

        7.1.3. SWOT Analysis

        7.1.4. Recent Developments

    7.2. Soitec SA

        7.2.1. Company Overview

        7.2.2. Financial Overview

        7.2.3. Business Strategy

        7.2.4. SWOT Analysis

        7.2.5. Recent Developments

    7.3. Titan Trackers Inc.

        7.3.1. Company Overview

        7.3.2. Product Portfolio

        7.3.3. Business Strategy

        7.3.4. SWOT Analysis

        7.3.5. Recent Developments

    7.4. Technosunsolar Gmbh

        7.4.1. Company Overview

        7.4.2. Product Portfolio

        7.4.3. Business Strategy

        7.4.4. SWOT Analysis

        7.4.5. Recent Developments

    7.5. Van Der Valk Solar Systems BV

        7.5.1. Company Overview

        7.5.2. Product Portfolio

        7.5.3. Business Strategy

        7.5.4. SWOT Analysis

        7.5.5. Recent Developments

    7.6. Array Technologies Inc.

        7.6.1. Company Overview

        7.6.2. Product Portfolio

        7.6.3. Business Strategy

        7.6.4. SWOT Analysis

        7.6.5. Recent Developments

    7.7. Allearth Renewables Inc.

        7.7.1. Company Overview

        7.7.2. Product Portfolio

        7.7.3. Business Strategy

        7.7.4. SWOT Analysis

        7.7.5. Recent Developments

    7.8. Ecosun Ltd.

        7.8.1. Company Overview

        7.8.2. Product Portfolio

        7.8.3. Business Strategy

        7.8.4. SWOT Analysis

    7.9. Degerenergie Gmbh

        7.9.1. Company Overview

        7.9.2. Product Portfolio

        7.9.3. Business Strategy

        7.9.4. SWOT Analysis

        7.9.5. Recent Developments

    7.10. Powerway Renewable Energy Co.

        7.10.1. Company Overview

        7.10.2. Business Strategy

        7.10.3. SWOT Analysis

        7.10.4. Recent Developments

    7.11. Smarttrak Solar Systems Pvt. Ltd.

        7.11.1. Company Overview

        7.11.2. Product Portfolio

        7.11.3. Business Strategy

        7.11.4. SWOT Analysis

        7.11.5. Recent Developments

    7.12. Solar Flexrack

        7.12.1. Company Overview

        7.12.2. Product Portfolio

        7.12.3. Business Strategy

        7.12.4. SWOT Analysis

        7.12.5. Recent Developments

    7.13. Haosolar Co. Ltd.

        7.13.1. Company Overview

        7.13.2. Product Portfolio

        7.13.3. Business Strategy

        7.13.4. SWOT Analysis

        7.13.5. Recent Developments

    7.14. Ideematech Deutschland Gmbh

        7.14.1. Company Overview

        7.14.2. Product Portfolio

        7.14.3. Business Strategy

        7.14.4. SWOT Analysis

        7.14.5. Recent Developments

    7.15. Mecasolar

        7.15.1. Company Overview

        7.15.2. Product Portfolio

        7.15.3. Business Strategy

        7.15.4. SWOT Analysis

        7.15.5. Recent Developments

    7.16. Mechatron

        7.16.1. Company Overview

        7.16.2. Product Portfolio

        7.16.3. Business Strategy

        7.16.4. SWOT Analysis

        7.16.5. Recent Development

    7.17. Qbotix

        7.17.1. Company Overview

        7.17.2. Product Portfolio

        7.17.3. Business Strategy

        7.17.4. SWOT Analysis

        7.17.5. Recent Developments

    7.18. Frontier Technology Group Ltd.

        7.18.1. Company Overview

        7.18.2. Product Portfolio

        7.18.3. Business Strategy

        7.18.4. SWOT Analysis

        7.18.5. Recent Developments

    7.19. Energia Ercam

        7.19.1. Company Overview

        7.19.2. Product Portfolio

        7.19.3. Business Strategy

        7.19.4. SWOT Analysis

        7.19.5. Recent Developments

    7.20. Amonix

        7.20.1. Company Overview

        7.20.2. Product Portfolio

        7.20.3. Business Strategy

        7.20.4. SWOT Analysis

        7.20.5. Recent Developments

List of Tables

Table 1: Global Solar Trackers Installation Market Snapshot

Table 2: Drivers for Solar Trackers Market: Impact Analysis

Table 3: Regional Capital Investment Required for Installing Solar Panels, (US$ Mn)

Table 4: Regional Impact of Water Regulations

Table 5: North America Fixed Solar Systems Annual Installed Capacity, by Application, 2020 – 2031, (MW)

Table 6: Europe Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031, (MW)

Table 7: Asia Pacific Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031, (MW)

Table 8: Latin America Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031, (MW)

Table 9: MEA Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031, (MW)

Table 10: North America Solar Trackers Annual Installed Capacity, by Technology, 2020 – 2031, (MW)

Table 11: North America Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031, (MW)

Table 12: North America Solar Trackers Market, by Product, 2020 – 2031, (US$ Mn)

Table 13: North America Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031, (MW)

Table 14: U.S. Solar Trackers Annual Installed Capacity, by Technology, 2020 – 2031, (MW)

Table 15: U.S. Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031, (MW)

Table 16: U.S. Solar Trackers Market, by Product, 2020 – 2031, (US$ Mn)

Table 17: U.S. Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031, (MW)

Table 18: Canada Solar Trackers Annual Installed Capacity, by Technology, 2020 – 2031, (MW)

Table 19: Canada Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031, (MW)

Table 20: Canada Solar Trackers Market, by Product, 2020 – 2031, (US$ Mn)

Table 21: Canada Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031, (MW)

Table 22: Europe Solar Trackers Annual Installed Capacity, by Technology, 2020 – 2031 (MW)

Table 23: Europe Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031, (MW)

Table 24: Europe Solar Trackers Market, by Product, 2020 – 2031 (US$ Mn)

Table 25: Europe Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031, (MW)

Table 26: Spain Solar Trackers Annual Installed Capacity, by Technology, 2020 – 2031, (MW)

Table 27: Spain Solar Trackers Annual Installed Capacity, by Product Segment, 2020 – 2031 (MW)

Table 28: Spain Solar Trackers Market, by Product, 2020 – 2031 (US$ Mn)

Table 29: Spain Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031, (MW)

Table 30: Germany Solar Trackers Annual Installed Capacity, by Technology, 2020 – 2031, (MW)

Table 31: Germany Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031, (MW)

Table 32: Germany Solar Trackers Market, by Product, 2020 – 2031, (US$ Mn)

Table 33: Germany Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031, (MW)

Table 34: Greece Solar Trackers Annual Installed Capacity, by Technology, 2020 – 2031, (MW)

Table 35: Greece Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031, (MW)

Table 36: Greece Solar Trackers Market, by Product, 2020 – 2031, (US$ Mn)

Table 37: Greece Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031, (MW)

Table 38: Italy Solar Trackers Annual Installed Capacity, by Technology, 2020 – 2031, (MW)

Table 39: Italy Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031, (MW)

Table 40: Italy Solar Trackers Market, by Product, 2020 – 2031, (US$ Mn)

Table 41: Italy Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031, (MW)

Table 42: Asia Pacific Solar Trackers Annual Installed Capacity, by Technology, 2020 – 2031, (MW)

Table 43: Asia Pacific Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031, (MW)

Table 44: Asia Pacific Solar Trackers Market, by Product, 2020 – 2031, (US$ Mn)

Table 45: Asia Pacific Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031, (MW)

Table 46: China Solar Trackers Annual Installed Capacity, by Technology, 2020 – 2031, (MW)

Table 47: CHINA Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031, (MW)

Table 48: China Solar Trackers Market, by Product, 2020 – 2031, (US$ Mn)

Table 49: China Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031, (MW)

Table 50: Japan Solar Trackers Annual Installed Capacity, by Technology, 2020 – 2031, (MW)

Table 51: Japan Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031, (MW)

Table 52: Japan Solar Trackers Market, by Product, 2020 – 2031, (US$ Mn)

Table 53: Japan Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031, (MW)

Table 54: India Solar Trackers Annual Installed Capacity, by Technology, 2020 – 2031, (MW)

Table 55: India Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031, (MW)

Table 56: India Solar Trackers Market, by Product, 2020 – 2031, (US$ Mn)

Table 57: India Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031, (MW)

Table 58: Latin America Solar Trackers Annual Installed Capacity, by Technology, 2020 – 2031, (MW)

Table 59: Latin America Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031, (MW)

Table 60: Latin America Solar Trackers Market, by Product, 2020 – 2031, (US$ Mn)

Table 61: Latin America Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031, (MW)

Table 62: Brazil Solar Trackers Annual Installed Capacity, by Technology, 2020 – 2031, (MW)

Table 63: Brazil Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031, (MW)

Table 64: Brazil Solar Trackers Market, by Product, 2020 – 2031, (US$ Mn)

Table 65: Brazil Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031, (MW)

Table 66: Chile Solar Trackers Annual Installed Capacity, by Technology, 2020 – 2031, (MW)

Table 67: Chile Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031, (MW)

Table 68: Chile Solar Trackers Market, by Product, 2020 – 2031, (US$ Mn)

Table 69: Chile Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031, (MW)

Table 70: Middle East & Africa Solar Trackers Annual Installed Capacity, by Technology, 2020 – 2031, (MW)

Table 71: Middle East & Africa Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031, (MW)

Table 72: Middle East & Africa Solar Trackers Market, by Product, 2020 – 2031, (US$ Mn)

Table 73: Middle East & Africa Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031, (MW)

Table 74: GCC Solar Trackers Annual Installed Capacity, by Technology, 2020 – 2031, (MW)

Table 75: GCC Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031, (MW)

Table 76: GCC Solar Trackers Market, by Product, 2020 – 2031, (US$ Mn)

Table 77: GCC Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031, (MW)

Table 78: Africa Solar Trackers Annual Installed Capacity, by Technology, 2020 – 2031, (MW)

Table 79: Africa Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031, (MW)

Table 80: Africa Solar Trackers Market, by Product, 2020 – 2031, (US$ Mn)

Table 81: Africa Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031, (MW)

List of Figures

Figure 1: Solar Trackers: Market Segmentation

Figure 2: Global Solar Trackers Annual Installed Capacity, 2020 – 2031 (MW)

Figure 3: Value Chain Analysis of Global Solar Trackers Market

Figure 4: Global Photovoltaic Installation Market, 2020 – 2031(GW)

Figure 5: Solar Trackers Market: Porter’s Five Force Analysis

Figure 6: Solar Trackers: Market Attractiveness Analysis, y Technology, 2020

Figure 7: Solar Trackers: Company Market Share Analysis, 2020

Figure 8: Global Solar Trackers Market, Annual Installation Share by Technology, 2020 and 2031

Figure 9: Global Annual Installed Capacity for Solar PV Trackers, 2020 - 2031 (MW)

Figure 10: Global Annual Installed Capacity for Concentrated Photovoltaic (CPV) Trackers, 2020 - 2031 (MW)

Figure 11: Global Annual Installed Capacity for Concentrated Solar Power (CSP) Trackers, 2020 - 2031 (MW)

Figure 12: Global Solar Trackers Market, Annual Installation Share, by Product, 2020 and 2031

Figure 13: Global Annual Installed Capacity for Single Axis Trackers, 2020 - 2031 (MW)

Figure 14: Global Annual Installed Capacity for Dual Axis Trackers, 2020 - 2031 (MW)

Figure 15: Global Fixed Solar Systems Market, Annual Installation Share, by Geography, 2020 and 2031

Figure 16: Global Fixed Solar Systems Market, Annual Installation Share, by Application, 2020 and 2031

Figure 17: Global Solar Trackers Annual Installation, by Region, 2020 & 2031

Figure 18: North America Solar Trackers Annual Installed Capacity, by Technology, 2020 - 2031 (MW)

Figure 19: North America Solar Trackers Market, by Product, 2020 – 2031 (MW)

Figure 20: North America Solar Trackers Market, by Product, 2020 – 2031 (US$ Mn)

Figure 21: North America Solar Trackers Annual Installed Capacity, by Application, 2020 - 2031, (MW)

Figure 22: U.S. Solar Trackers Annual Installed Capacity, by Technology, 2020 - 2031, (MW)

Figure 23: U.S. Solar Trackers Market, by Product, 2020 – 2031 (MW)

Figure 24: U.S. Solar Trackers Market, by Product, 2020 – 2031 (US$ Mn)

Figure 25: U.S. Solar Trackers Price, by Product, 2020 – 2031 (US$/Watt)

Figure 26: U.S. Solar Trackers Annual Installed Capacity, by Application, 2020 - 2031, (MW)

Figure 27: Canada Solar Trackers Annual Installed Capacity, by Technology, 2020 - 2031, (MW)

Figure 28: Canada Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (MW)

Figure 29: Canada Solar Trackers Market, by Product, 2020 – 2031 (US$ Mn)

Figure 30: Canada Solar Trackers Price, by Product, 2020 – 2031 (US$/Watt)

Figure 31: Canada Solar Trackers Annual Installed Capacity, by Application, 2020 - 2031, (MW)

Figure 32: Europe Solar Trackers Annual Installed Capacity, by Technology Segment, 2020 - 2031 (MW)

Figure 33: Europe Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (MW)

Figure 34: Europe Solar Trackers Market, by Product, 2020 – 2031 (US$ Mn)

Figure 35: Europe Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031 (MW)

Figure 36: Spain Solar Trackers Annual Installed Capacity, 2020 – 2031 (MW)

Figure 37: Spain Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (MW)

Figure 38: Spain Solar Trackers Market, by Product, 2020 – 2031 (US$ Mn)

Figure 39: Spain Solar Trackers Price, by Product, 2020 – 2031 (US$/Watt)

Figure 40: Spain Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031 (MW)

Figure 41: Germany Solar Trackers Annual Installed Capacity, 2020 – 2031 (MW)

Figure 42: Germany Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (MW)

Figure 43: Germany Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (US$ Mn)

Figure 44: Germany Solar Trackers Price, by Product Segment, 2020 – 2031 (US$/Watt)

Figure 45: Germany Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031 (MW)

Figure 46: Greece Solar Trackers Annual Installed Capacity, 2020 – 2031 (MW)

Figure 47: Greece Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (MW)

Figure 48: Greece Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (US$ Mn)

Figure 49: Greece Solar Trackers Price, by Product, 2020 – 2031 (US$/Watt)

Figure 50: Greece Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031 (MW)

Figure 51: Italy Solar Trackers Annual Installed Capacity, by Technology, 2020 – 2031 (MW)

Figure 52: Italy Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (MW)

Figure 53: Italy Solar Trackers Market, by Product, 2020 – 2031 (US$ Mn)

Figure 54: Italy Solar Trackers Price, by Product Segment, 2020 – 2031 (US$/Watt)

Figure 55: Greece Solar Trackers Annual Installed Capacity, by Application, 2020 – 2031 (MW)

Figure 56: Asia Pacific Solar Trackers Annual Installed Capacity, by Technology, 2020 - 2031, (MW)

Figure 57: Asia Pacific Solar Trackers Market, by Product, 2020 – 2031 (MW)

Figure 58: Asia Pacific Solar Trackers Market, by Product, 2020 – 2031 (US$ Mn)

Figure 59: Asia Pacific Solar Trackers Annual Installed Capacity, by Application, 2020 - 2031, (MW)

Figure 60: China Solar Trackers Annual Installed Capacity, by Technology, 2020 - 2031, (MW)

Figure 61: China Solar Trackers Market, by Product, 2020 – 2031 (MW)

Figure 62: China Solar Trackers Market, by Product, 2020 – 2031 (US$ Mn)

Figure 63: China Solar Trackers Price, by Product, 2020 – 2031 (US$/Watt)

Figure 64: China Solar Trackers Annual Installed Capacity, by Application, 2020 - 2031, (MW)

Figure 65: Japan Solar Trackers Annual Installed Capacity, by Technology, 2020 - 2031, (MW)

Figure 66: Japan Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (MW)

Figure 67: Japan Solar Trackers Market, by Product, 2020 – 2031 (US$ Mn)

Figure 68: Japan Solar Trackers Price, by Product, 2020 – 2031 (US$/Watt)

Figure 69: Japan Solar Trackers Annual Installed Capacity, by Application, 2020 - 2031, (MW)

Figure 70: India Solar Trackers Annual Installed Capacity, by Technology, 2020 - 2031, (MW)

Figure 71: India Solar Trackers Market, by Product, 2020 – 2031 (MW)

Figure 72: India Solar Trackers Market, by Product, 2020 – 2031 (US$ Mn)

Figure 73: India Solar Trackers Price, by Product, 2020 – 2031 (US$/Watt)

Figure 74: India Solar Trackers Annual Installed Capacity, by Application, 2020 - 2031, (MW)

Figure 75: Latin America Solar Trackers Annual Installed Capacity, by Technology, 2020 - 2031, (MW)

Figure 76: Latin America Solar Trackers Market, by Product, 2020 – 2031 (MW)

Figure 77: Latin America Solar Trackers Market, by Product, 2020 – 2031 (US$ Mn)

Figure 78: Latin America Solar Trackers Annual Installed Capacity, by Application, 2020 - 2031, (MW)

Figure 79: Brazil Solar Trackers Annual Installed Capacity, by Technology, 2020 - 2031, (MW)

Figure 80: Brazil Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (MW)

Figure 81: Brazil Solar Trackers Market, by Product, 2020 – 2031 (US$ Mn)

Figure 82: Brazil Solar Trackers Price, by Product, 2020 – 2031 (US$/Watt)

Figure 83: Brazil Solar Trackers Annual Installed Capacity, by Application, 2020 - 2031, (MW)

Figure 84: Chile Solar Trackers Annual Installed Capacity, by Technology, 2020 - 2031, (MW)

Figure 85: Chile Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (MW)

Figure 86: Chile Solar Trackers Market, by Product, 2020 – 2031 (US$ Mn)

Figure 87: Chile Solar Trackers Price, by Product, 2020 – 2031 (US$/Watt)

Figure 88: Chile Solar Trackers Annual Installed Capacity, by Application, 2020 - 2031, (MW)

Figure 89: Middle East & Africa Solar Trackers Annual Installed Capacity, by Technology, 2020 - 2031, (MW)

Figure 90: Middle East & Africa Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (MW)

Figure 91: Middle East & Africa Solar Trackers Market, by Product, 2020 – 2031 (US$ Mn)

Figure 92: Middle East & Africa Solar Trackers Price, by Product, 2020 – 2031 (US$/Watt)

Figure 93: Middle East & Africa Solar Trackers Annual Installed Capacity, by Application, 2020 - 2031, (MW)

Figure 94: GCC Solar Trackers Annual Installed Capacity, by Technology, 2020 - 2031, (MW)

Figure 95: GCC Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (MW)

Figure 96: GCC Solar Trackers Market, by Product, 2020 – 2031 (US$ Mn)

Figure 97: GCC Solar Trackers Price, by Product, 2020 – 2031 (US$/Watt)

Figure 98: GCC Solar Trackers Annual Installed Capacity, by Application, 2020 - 2031, (MW)

Figure 99: Africa Solar Trackers Annual Installed Capacity, by Technology, 2020 - 2031, (MW)

Figure 100: Africa Solar Trackers Annual Installed Capacity, by Product, 2020 – 2031 (MW)

Figure 101: Africa Solar Trackers Market, by Product, 2020 – 2031 (US$ Mn)

Figure 102: Africa Solar Trackers Price, by Product, 2020 – 2031 (US$/Watt)

Figure 103: Africa Solar Trackers Annual Installed Capacity, by Application, 2020 - 2031, (MW)

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