Global Dual Axis Solar Tracker Market: Industry Analysis and Forecast (2021-2027) by Technology, Application, and Region

Global Dual Axis Solar Tracker Market size was valued at US$ 3.49 Bn. in 2020 and the total revenue is expected to grow at a CAGR of 15.41% through 2021 to 2027, reaching nearly US$ 9.52 Bn.

Global Dual Axis Solar Tracker Market Overview:

The Global Doors market was valued at US $3.49 Bn. in 2020, and it is expected to reach US $9.52 Bn. by 2027 with a CAGR of 15.41% during the forecast period. The dual-axis solar trackers can be used to boost the net energy generation from solar power plants. The dual-axis trackers are rotating through both axis such as the x and y-axis, which helps to generate nearly about 8% to 10% more energy than single-axis trackers. Dual-axis trackers can deliver about 35% more solar energy than a fixed-tilt mount, but it has a slightly higher cost than single-axis trackers. Global Dual Axis Solar Tracker MarketTo know about the Research Methodology :- Request Free Sample Report Though market forecasting through 2027 is based on real output, demand and supply of 2020, 2020 numbers are also estimated on real numbers published by key players as well all important players across the world. Market forecasting till 2027 is done based on past data from 2016 to 2019 with the impact of global lock down on the market in 2020 and 2021.

Global Dual Axis Solar Tracker Market Dynamics:

The technological benefits associated with the dual-axis solar tracker are one of the key drivers of the global dual-axis solar tracker market. Increasing concern regarding pollution affected by conventional sources of energy has expected to explore the alternate sources of energy. The dual-axis trackers boost energy production by about 30 to 45% from solar panels over fixed installations, which results in growth in the global dual-axis solar tracker market. Strict environmental norms are expected to broadcast the solar energy development, which drives the growth in the market for dual-axis solar trackers. Dual-axis solar trackers are expected to grow at a high rate of CAGR during the forecast period. The growth can be attributed to its benefits such as improved performance, accuracy, and efficiency. These trackers have two degrees of freedom that helps in revolution about an axis. The two axes are, one is the primary axis and the secondary axis. The Primary axis is fixed to the ground, and the secondary axis is considered with reference to the primary axis.

Global Dual Axis Solar Tracker Market Segment Analysis:

Based on the Technology, the market is segmented into Solar Photovoltaic (PV), Concentrated Solar Power (CSP), and Concentrated Photovoltaic (CPV). Solar Photovoltaic (PV) segment is expected to hold the largest market share of xx% by 2027. The growth can be attributed to the growing demand for ecological energy resources. Ease of installation, modest cost structure, and compact size of photovoltaic technology are a few vital parameters valued to justify the product perception. These are the key factor that drives the growth of this segment in the Global market during the forecast period 2021-2027. Global Dual Axis Solar Tracker Market by Technology Based on the Application, the market is segmented into Utility, and Non-Utility. The utility segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2021-2027. Growing capacities of solar-powered large-scale industries have been the key driving factor for the growth of the solar tracker market for utility applications. The rising cost of electricity coupled with the growing demand for renewable sources for energy production is projected to drive the usage of these products in the utility sector. These are the key driver that boosts the growth of this segment in the Global market during the forecast period 2021-2027. Global Dual Axis Solar Tracker Market by Application

Global Dual Axis Solar Tracker Market Regional Insights:

Europe dominates the global Washing Machine market during the forecast period 2021-2027. Europe is expected to hold the largest market shares of xx% by 2027. Rising environmental concerns are expected to lead rapid adoption of solar energy in European countries. Additionally, some countries have planned to reduce power generation from conventional sources, such as coal and nuclear. The increasing awareness regarding the benefits associated with renewable energy is a big boost for the solar power sector in Europe. The development of solar power plants offers huge opportunities for dual-axis solar trackers in the European region. These are the major drivers that boost the growth of this region in the global market during the forecast period 2021-2027. Asia Pacific is expected to grow rapidly at a CAGR of xx% during the forecast period 2021-2027. This is due to the increasing government support for renewable energy sources in developing countries such as China & India along with the growing demand for electricity. These are the key factor that drives the growth of this region in the Global market during the forecast period 2021-2027. Global Dual Axis Solar Tracker Market by Regional The objective of the report is to present a comprehensive analysis of the Global Washing Machine Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also helps in understanding the Global Washing Machine Market dynamic, structure by analyzing the market segments and project the Global Washing Machine Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Washing Machine Market make the report investor’s guide.

Global Dual Axis Solar Tracker Market Scope: Inquire before buying

Global Dual Axis Solar Tracker Market by Scope

Global Dual Axis Solar Tracker Market, by Region

• North America • Europe • Asia Pacific • South America • Middle East and Africa

Global Dual Axis Solar Tracker Market Key Players

Haosolar Co. Ltd. • Abengoa Solar S.A. • AllEarth Renewables • Array Technologies, Inc. • DEGERenergie GmbH & Co. KG • Energia Ercam • Powerway Renewable Energy Co. Ltd. • Mechatron • SunPower Corporation • Titan Tracker SL • SmartTrak Solar Systems Pvt. Ltd • Mecasolar Espana SL • First Solar • Soitec • CM Tracker • Optimum Tracker. • Wuxi Hao Solar Technology Co. Ltd. • Grupo Clavijo Elt SL • First Solar • PV hardware • Arctech Solar • Ideematec • Exosun • STi Norland • Scorpius Trackers • Mahindra Susten • Convert Italia

Frequently Asked Questions:

1] What segments are covered in Global Dual Axis Solar Tracker Market report? Ans. The segments covered in Global Washing Machine Market report are based on Technology, and Application. 2] Which region is expected to hold the highest share in the Global Dual Axis Solar Tracker Market? Ans. Europe is expected to hold the highest share in the Global Washing Machine Market. 3] Who are the top key players in the Global Dual Axis Solar Tracker Market? Ans. Haosolar Co. Ltd., Abengoa Solar S.A., AllEarth Renewables, Array Technologies, Inc., and DEGERenergie GmbH & Co. KG are the top key players in the Global Washing Machine Market. 4] Which segment holds the largest market share in the Global Dual Axis Solar Tracker market by 2027? Ans. Solar Photovoltaic (PV) technology segment hold the largest market share in the Global Washing Machine market by 2027. 5] What is the market size of the Global Dual Axis Solar Tracker market by 2027? Ans. The market size of the Global Washing Machine market is US $9.52 Bn. by 2027. 6] What was the market size of the Global Dual Axis Solar Tracker market in 2020? Ans. The market size of the Global Washing Machine market was worth US $3.49 Bn. in 2020.

Global Dual Axis Solar Tracker Market

1. Preface 1.1. Research Objectives 1.2. Report Scope and Market Segmentation 2. Assumptions and Research Methodology 2.1. Abbreviations 3. Executive Summary 3.1. Global Dual Axis Solar Tracker Market Size, by Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Dynamics 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.2.5. Emerging Technology 4.3. Global Dual Axis Solar Tracker Market Industry Trends 5. Market Analysis 5.1.1. Value Chain Analysis 5.1.2. Pricing Analysis 5.1.3. Market risk analysis 5.1.4. Porter’s Analysis 6. Global Dual Axis Solar Tracker Market Analysis and Forecast 6.1. Global Dual Axis Solar Tracker Market Analysis and Forecast 6.2. Global Dual Axis Solar Tracker Market Size& Y-o-Y Growth Analysis 6.2.1. North America 6.2.2. Europe 6.2.3. Asia Pacific 6.2.4. Middle East & Africa 6.2.5. South America 7. Global Dual Axis Solar Tracker Market Analysis and Forecast, by Technology 7.1. Introduction and Definition 7.2. Global Dual Axis Solar Tracker Market Value Share Analysis, by Technology 7.3. Market Size (US$ Bn) Forecast, by Technology 7.4. Global Dual Axis Solar Tracker Market Analysis, by Technology 7.5. Global Portable Mini Fridge Market Attractiveness Analysis, by Technology 8. Global Dual Axis Solar Tracker Market Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Global Dual Axis Solar Tracker Market Value Share Analysis, by Application 8.3. Market Size (US$ Bn) Forecast, by Application 8.4. Global Dual Axis Solar Tracker Market Analysis, by Application 8.5. Global Dual Axis Solar Tracker Market Attractiveness Analysis, by Application 9. Global Dual Axis Solar Tracker Market Analysis, by Region 9.1. Global Dual Axis Solar Tracker Market Value Share Analysis, by Region 9.2. Market Size (US$ Bn) Forecast, by Region 9.3. Global Dual Axis Solar Tracker Market Attractiveness Analysis, by Region 10. North America Dual Axis Solar Tracker Market Analysis 10.1. North America Dual Axis Solar Tracker Market Overview 10.2. North America Dual Axis Solar Tracker Market Value Share Analysis, by Technology 10.3. North America Dual Axis Solar Tracker Market Forecast, by Technology 10.3.1. Solar Photovoltaic 10.3.2. Concentrated Solar Power 10.3.3. Concentrated Photovoltaic 10.4. North America Dual Axis Solar Tracker Market Value Share Analysis, by Application 10.5. North America Dual Axis Solar Tracker Market Forecast, by Application 10.5.1. Utility 10.5.2. Non-Utility 10.6. North America Dual Axis Solar Tracker Market Value Share Analysis, by Country 10.7. North America Dual Axis Solar Tracker Market Forecast, by Country 10.7.1. U.S. 10.7.2. Canada 10.8. North America Dual Axis Solar Tracker Market Analysis, by Country 10.9. U.S. Dual Axis Solar Tracker Market Forecast, by Technology 10.9.1. Solar Photovoltaic 10.9.2. Concentrated Solar Power 10.9.3. Concentrated Photovoltaic 10.10. U.S. Dual Axis Solar Tracker Market Forecast, by Application 10.10.1. Utility 10.10.2. Non-Utility 10.11. Canada Dual Axis Solar Tracker Market Forecast, by Technology 10.11.1. Solar Photovoltaic 10.11.2. Concentrated Solar Power 10.11.3. Concentrated Photovoltaic 10.12. Canada Dual Axis Solar Tracker Market Forecast, by Application 10.12.1. Utility 10.12.2. Non-Utility 10.13. North America Dual Axis Solar Tracker Market Attractiveness Analysis 10.13.1. By Technology 10.13.2. by Application 10.14. PEST Analysis 10.15. Key Trends 10.16. Key Developments 11. Europe Dual Axis Solar Tracker Market Analysis 11.1. Europe Dual Axis Solar Tracker Market Overview 11.2. Europe Dual Axis Solar Tracker Market Value Share Analysis, by Technology 11.3. Europe Dual Axis Solar Tracker Market Forecast, by Technology 11.3.1. Solar Photovoltaic 11.3.2. Concentrated Solar Power 11.3.3. Concentrated Photovoltaic 11.4. Europe Dual Axis Solar Tracker Market Value Share Analysis, by Application 11.5. Europe Dual Axis Solar Tracker Market Forecast, by Application 11.5.1. Utility 11.5.2. Non-Utility 11.6. Europe Dual Axis Solar Tracker Market Value Share Analysis, by Country 11.7. Europe Dual Axis Solar Tracker Market Forecast, by Country 11.7.1. Germany 11.7.2. U.K. 11.7.3. France 11.7.4. Italy 11.7.5. Spain 11.7.6. Rest of Europe 11.8. Europe Dual Axis Solar Tracker Market Analysis, by Country/ Sub-region 11.9. Germany Dual Axis Solar Tracker Market Forecast, by Technology 11.9.1. Solar Photovoltaic 11.9.2. Concentrated Solar Power 11.9.3. Concentrated Photovoltaic 11.10. Germany Dual Axis Solar Tracker Market Forecast, by Application 11.10.1. Utility 11.10.2. Non-Utility 11.11. U.K. Dual Axis Solar Tracker Market Forecast, by Technology 11.11.1. Solar Photovoltaic 11.11.2. Concentrated Solar Power 11.11.3. Concentrated Photovoltaic 11.12. U.K. Dual Axis Solar Tracker Market Forecast, by Application 11.12.1. Utility 11.12.2. Non-Utility 11.13. France Dual Axis Solar Tracker Market Forecast, by Technology 11.13.1. Solar Photovoltaic 11.13.2. Concentrated Solar Power 11.13.3. Concentrated Photovoltaic 11.14. France Dual Axis Solar Tracker Market Forecast, by Application 11.14.1. Utility 11.14.2. Non-Utility 11.15. Italy Dual Axis Solar Tracker Market Forecast, by Technology 11.15.1. Solar Photovoltaic 11.15.2. Concentrated Solar Power 11.15.3. Concentrated Photovoltaic 11.16. Italy Dual Axis Solar Tracker Market Forecast, by Application 11.16.1. Utility 11.16.2. Non-Utility 11.17. Spain Dual Axis Solar Tracker Market Forecast, by Technology 11.17.1. Solar Photovoltaic 11.17.2. Concentrated Solar Power 11.17.3. Concentrated Photovoltaic 11.18. Spain Dual Axis Solar Tracker Market Forecast, by Application 11.18.1. Utility 11.18.2. Non-Utility 11.19. Rest of Europe Dual Axis Solar Tracker Market Forecast, by Technology 11.19.1. Solar Photovoltaic 11.19.2. Concentrated Solar Power 11.19.3. Concentrated Photovoltaic 11.20. Rest of Europe Dual Axis Solar Tracker Market Forecast, by Application 11.20.1. Utility 11.20.2. Non-Utility 11.21. Europe Dual Axis Solar Tracker Market Attractiveness Analysis 11.21.1. By Technology 11.21.2. by Application 11.22. PEST Analysis 11.23. Key Trends 11.24. Key Developments 12. Asia Pacific Dual Axis Solar Tracker Market Analysis 12.1. Asia Pacific Dual Axis Solar Tracker Market Overview 12.2. Asia Pacific Dual Axis Solar Tracker Market Value Share Analysis, by Technology 12.3. Asia Pacific Dual Axis Solar Tracker Market Forecast, by Technology 12.3.1. Solar Photovoltaic 12.3.2. Concentrated Solar Power 12.3.3. Concentrated Photovoltaic 12.4. Asia Pacific Dual Axis Solar Tracker Market Value Share Analysis, by Application 12.5. Asia Pacific Dual Axis Solar Tracker Market Forecast, by Application 12.5.1. Utility 12.5.2. Non-Utility 12.6. Asia Pacific Dual Axis Solar Tracker Market Value Share Analysis, by Country 12.7. Asia Pacific Dual Axis Solar Tracker Market Forecast, by Country 12.7.1. China 12.7.2. India 12.7.3. Japan 12.7.4. ASEAN 12.7.5. Rest of Asia Pacific 12.8. Asia Pacific Dual Axis Solar Tracker Market Analysis, by Country/ Sub-region 12.9. China Dual Axis Solar Tracker Market Forecast, by Technology 12.9.1. Solar Photovoltaic 12.9.2. Concentrated Solar Power 12.9.3. Concentrated Photovoltaic 12.10. Tank Level China Dual Axis Solar Tracker Market Forecast, by Application 12.10.1. Utility 12.10.2. Non-Utility 12.11. India Dual Axis Solar Tracker Market Forecast, by Technology 12.11.1. Solar Photovoltaic 12.11.2. Concentrated Solar Power 12.11.3. Concentrated Photovoltaic 12.12. India Dual Axis Solar Tracker Market Forecast, by Application 12.12.1. Utility 12.12.2. Non-Utility 12.13. Japan Dual Axis Solar Tracker Market Forecast, by Technology 12.13.1. Solar Photovoltaic 12.13.2. Concentrated Solar Power 12.13.3. Concentrated Photovoltaic 12.14. Japan Dual Axis Solar Tracker Market Forecast, by Application 12.14.1. Utility 12.14.2. Non-Utility 12.15. ASEAN Dual Axis Solar Tracker Market Forecast, by Technology 12.15.1. Solar Photovoltaic 12.15.2. Concentrated Solar Power 12.15.3. Concentrated Photovoltaic 12.16. SASEAN Dual Axis Solar Tracker Market Forecast, by Application 12.16.1. Utility 12.16.2. Non-Utility 12.17. Rest of Asia Pacific Dual Axis Solar Tracker Market Forecast, by Technology 12.17.1. Solar Photovoltaic 12.17.2. Concentrated Solar Power 12.17.3. Concentrated Photovoltaic 12.18. Rest of Asia Pacific Dual Axis Solar Tracker Market Forecast, by Application 12.18.1. Utility 12.18.2. Non-Utility 12.19. Asia Pacific Dual Axis Solar Tracker Market Attractiveness Analysis 12.19.1. By Technology 12.19.2. by Application 12.20. PEST Analysis 12.21. Key Trends 12.22. Key Developments 13. Middle East & Africa Dual Axis Solar Tracker Market Analysis 13.1. Middle East & Africa Dual Axis Solar Tracker Market Overview 13.2. Middle East & Africa Dual Axis Solar Tracker Market Value Share Analysis, by Technology 13.3. Middle East & Africa Dual Axis Solar Tracker Market Forecast, by Technology 13.3.1. Solar Photovoltaic 13.3.2. Concentrated Solar Power 13.3.3. Concentrated Photovoltaic 13.4. Middle East & Africa Dual Axis Solar Tracker Market Value Share Analysis, by Application 13.5. Middle East & Africa Dual Axis Solar Tracker Market Forecast, by Application 13.5.1. Utility 13.5.2. Non-Utility 13.6. Middle East & Africa Dual Axis Solar Tracker Market Value Share Analysis, by Country 13.7. Middle East & Africa Dual Axis Solar Tracker Market Forecast, by Country 13.7.1. GCC 13.7.2. South Africa 13.7.3. Rest of Middle East & Africa 13.8. Middle East & Africa Dual Axis Solar Tracker Market Analysis, by Country/ Sub-region 13.9. GCC Dual Axis Solar Tracker Market Forecast, by Technology 13.9.1. Solar Photovoltaic 13.9.2. Concentrated Solar Power 13.9.3. Concentrated Photovoltaic 13.10. GCC Dual Axis Solar Tracker Market Forecast, by Application 13.10.1. Utility 13.10.2. Non-Utility 13.11. South Africa Dual Axis Solar Tracker Market Forecast, by Technology 13.11.1. Solar Photovoltaic 13.11.2. Concentrated Solar Power 13.11.3. Concentrated Photovoltaic 13.12. South Africa Dual Axis Solar Tracker Market Forecast, by Application 13.12.1. Utility 13.12.2. Non-Utility 13.13. Rest of Middle East & Africa Dual Axis Solar Tracker Market Forecast, by Technology 13.13.1. Solar Photovoltaic 13.13.2. Concentrated Solar Power 13.13.3. Concentrated Photovoltaic 13.14. Rest of Middle East & Africa Dual Axis Solar Tracker Market Forecast, by Application 13.14.1. Utility 13.14.2. Non-Utility 13.15. Middle East & Africa Dual Axis Solar Tracker Market Attractiveness Analysis 13.15.1. By Technology 13.15.2. by Application 13.16. PEST Analysis 13.17. Key Trends 13.18. Key Developments 14. South America Dual Axis Solar Tracker Market Analysis 14.1. South America Dual Axis Solar Tracker Market Overview 14.2. South America Dual Axis Solar Tracker Market Value Share Analysis, by Technology 14.3. South America Dual Axis Solar Tracker Market Forecast, by Technology 14.3.1. Solar Photovoltaic 14.3.2. Concentrated Solar Power 14.3.3. Concentrated Photovoltaic 14.4. South America Dual Axis Solar Tracker Market Value Share Analysis, by Application 14.5. South America Dual Axis Solar Tracker Market Forecast, by Application 14.5.1. Utility 14.5.2. Non-Utility 14.6. South America Dual Axis Solar Tracker Market Value Share Analysis, by Country 14.7. South America Dual Axis Solar Tracker Market Forecast, by Country 14.7.1. Brazil 14.7.2. Mexico 14.7.3. Rest of South America 14.8. South America Dual Axis Solar Tracker Market Analysis, by Country/ Sub-region 14.9. Brazil Dual Axis Solar Tracker Market Forecast, by Technology 14.9.1. Solar Photovoltaic 14.9.2. Concentrated Solar Power 14.9.3. Concentrated Photovoltaic 14.10. Brazil Dual Axis Solar Tracker Market Forecast, by Application 14.10.1. Utility 14.10.2. Non-Utility 14.11. Mexico Dual Axis Solar Tracker Market Forecast, by Technology 14.11.1. Solar Photovoltaic 14.11.2. Concentrated Solar Power 14.11.3. Concentrated Photovoltaic 14.12. Mexico Dual Axis Solar Tracker Market Forecast, by Application 14.12.1. Utility 14.12.2. Non-Utility 14.13. Rest of South America Dual Axis Solar Tracker Market Forecast, by Technology 14.13.1. Solar Photovoltaic 14.13.2. Concentrated Solar Power 14.13.3. Concentrated Photovoltaic 14.14. Rest of South America Dual Axis Solar Tracker Market Forecast, by Application 14.14.1. Utility 14.14.2. Non-Utility 14.15. South America Dual Axis Solar Tracker Market Attractiveness Analysis 14.15.1. By Technology 14.15.2. by Application 14.16. PEST Analysis 14.17. Key Trends 14.18. Key Developments 15. Competitive Landscape 15.1. Market Share Analysis, by Key Players 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. Market Consolidation 15.2.2.1. M&A by regions, investment, applications M&A Key Players, forward integration, backward integration 15.3. Company Profiles: Key Player 15.3.1. Haosolar Co. Ltd 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Business Strategy 15.3.1.4. Recent Developments 15.3.1.5. Manufacturing Footprint 15.3.2. Abengoa Solar S.A. 15.3.3. AllEarth Renewables 15.3.4. Array Technologies, Inc. 15.3.5. DEGERenergie GmbH & Co. KG 15.3.6. Energia Ercam 15.3.7. Powerway Renewable Energy Co. Ltd. 15.3.8. Mechatron 15.3.9. SunPower Corporation 15.3.10. Titan Tracker SL 15.3.11. SmartTrak Solar Systems Pvt. Ltd 15.3.12. Mecasolar Espana SL 15.3.13. First Solar 15.3.14. Soitec 15.3.15. CM Tracker 15.3.16. Optimum Tracker. 15.3.17. Wuxi Hao Solar Technology Co. Ltd. 15.3.18. Grupo Clavijo Elt SL 15.3.19. First Solar 15.3.20. PV hardware 15.3.21. Arctech Solar 15.3.22. Ideematec 15.3.23. Exosun 15.3.24. STi Norland 15.3.25. Scorpius Trackers 15.3.26. Mahindra Susten 15.3.27. Convert Italia 16. Primary Key Insights

About This Report

Report ID22493
Category Energy & Power
Published DateJan 2019
Updated DateOct 2021
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