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Solar Tracker Market Trends by Key Players: NEXTracker, Array Technologies, SunPower, Abengoa, Mecasolar, Powerway, GRUPO CLAVIJO, Hao solar, SOITEC, Smarttrak, Scorpius Trackers

(EnergyIndustry.Net, August 16, 2018 ) Market Overview: -

Solar Tracker Market is expected to surpass USD 27 billion by 2024. Paradigm shift towards sustainable electricity generation technologies from depleting conventional resources will embellish the global Solar Tracker Market. Rising concerns pertaining to greenhouse gas emissions along with favorable regulatory measures for energy conservation have instituted a promising business scenario. In January 2016, British Columbia passed the Greenhouse Gas Industrial Reporting and Control Act which lays abiding standards and norms concerning emission control from industries across the region.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/364

Germany solar tracker market is projected to surpass 1.5 GW by 2024. Strict government reforms relating to the reduction of carbon footprints along with advancing product applicability will positively influence the product penetration. Government initiatives towards replacement of fossil fuels with sustainable energy resources will drive the business outlook. The market premium schemes lay favorable mechanism for the financial assistance and ease of adoption of supplement renewable based installations. In 2017, the Regulators introduced the German Renewable Energy Act which targets 2.5 GW PV installations in a year.

Top Key Players: -

Key players across the solar tracker market include NEXTracker, Array Technologies, SunPower, Abengoa, Mecasolar, GRUPO CLAVIJO, SOITEC, Scorpius Trackers, Powerway, Smarttrak, AllEarth Renewables, Wuxi Hao Solar Technology, DEGERenergie, Titan Tracker, and Grupo Clavijo.

Market share calculation in this report is not done based on companies covered in it. The calculation of solar tracker market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.

Regional Segmentations: -

Asia Pacific solar tracker market is projected to witness substantial growth owing to the adoption of decentralized generation technologies along with the continuous expansion of off-grid electricity networks. Government aided funding towards the expansion of renewables coupled with intervention of financial institutions across the region will stimulate the product demand. In 2017, Regulators across China announced to invest USD 360 Billion with an aim to expand renewable energy sector across the country.

Partial Chapter of the Table of Content

Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Market definition & forecast parameters
1.2. Data sources
1.2.1. Primary
1.2.2. Secondary

Chapter 2. Executive Summary
2.1. Solar tracker industry 3600 synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Technology trends
2.1.3. Product trends
2.1.4. Application trends
2.1.5. Regional trends

Chapter 3. Solar Tracker Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.4. Innovation & sustainability
3.5. Technology landscape
3.5.1. Solar Photovoltaic (PV)
3.5.2. Concentrated Photovoltaic (CPV)
3.5.3. Concentrated Solar Power (CSP)
3.6. Regulatory landscape
3.6.1. U.S.
3.6.2. UK
3.6.3. France
3.6.4. Germany
3.6.5. China
3.6.6. India
3.6.7. Australia
3.6.8. Chile
3.6.9. South Africa
3.7. Feed in tariff landscape
3.8. Price trend analysis
3.8.1. North America
3.8.2. Europe
3.8.3. Asia Pacific
3.8.4. Middle East
3.8.5. Africa
3.8.6. Latin America
3.9. Leading investment scenario across the solar industry
3.10. Industry impact forces
3.10.1. Growth drivers
3.10.1.1. Favorable government initiatives
3.10.1.2. Growing deployment of solar PV systems
3.10.1.3. Growing demand for sustainable energy
3.10.2. Industry pitfalls & challenges
3.10.2.1. High initial cost
3.11. Growth potential analysis
3.12. Porter’s analysis
3.13. Competitive landscape, 2016
3.13.1. Strategy dashboard
3.14. PESTEL analysis

Browse Full Report @ https://bit.ly/2sXd8t3

Decline in component costs have led to fall in the overall levelized solar power tariff in the recent years which have established a favorable business scenario for the solar tracker market. Manufacturers’ adoption of economies of scale along with technological advancements to develop efficient and cost-effective products will positively influence the solar tracker market. The levelized cost of energy has been valued at USD 144.3/MWh for solar PV installations across the globe compared with 221.5/MWh for wind for the plants under operation by 2018.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.


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