Horizontal Single Axis Solar Tracker (HSAT) Market is expected to grow at a CAGR of 5% during the forecast period and market is expected to reach US$ 2.37 Bn. by 2029. The report has covered Country market trends with a competitive landscape.To know about the Research Methodology :- Request Free Sample Report
Horizontal Single Axis Solar Tracker (HSAT) Market Overview:
Solar trackers are used to maximize the energy of solar receivers and solar panels. These trackers increase solar energy by following the sun's movements. They are used to hold solar panels leaning directly towards the sun. Solar trackers increase the amount of solar energy and also increase the amount of electricity or heat generated. Solar trackers shift course during the day to follow the path of the sun to capture the energy.Because of the changing need for entertainment, internet penetration, greater awareness of online services, intense advertisement and many more, the online film ticketing market is experiencing continuous growth of the market. Some supporting factors driving the growth of the market are: increasing digitalization, increasing customer disposable income, internet services, regular releases of films, and many more. Energy consumption worldwide has witnessed tremendous growth thanks to rapid industrialization and urbanization.The rising carbon emissions, along with the implementation of favorable policies and schemes have fueled the solar energy market. Long-term consolidation across major electricity markets, along with the manufacturer's propensity towards cost-competitiveness, would drive the growth of the horizontal single-axis solar tracker industry.After the introduction of interactive 3D technology, customers are willing to pay more for a rich visual experience will draw wider audience.Despite marginal handling costs, consumers increasingly prefer booking movie tickets via online channels, thanks to the added convenience of the whole operation, the amount of time saved, and enticing offers provided by service providers. The lack of labor and the closure of manufacturing operations are few main factors that will restrict the deployment of solar trackers. Declining foreign imports have halted the development of projects in different countries. However if coronavirus development declines over the next few months, the tracker industry will experience rapid growth due to its competitive price index. ByApplication,Utilityis the leading segmentto dominate the market during the forecast periodbecause of the rapid decline in the cost of the solar PV system, along with aggressive government renewable energy goals, would drive market globally. Manufacturers are strongly focused on developing efficient distribution networks to improve the ease of access for large-scale plant developers and raise their market share. By region, Horizontal Single Axis Solar Tracker (HSAT)market in North America is anticipated to account for the highest revenue share in 2019 and expected to maintain its dominanceduring the forecast period. The growth in the region is attributed to the online transaction popularity is projected to boost demand for Horizontal Single Axis Solar Tracker (HSAT) across the U.S. The Europe region is projected to register the fastest growth rate in the target market because ofresilient economic conditions coupled with reduced air fares are main drivers in the country. Powerful economic development, rising internet penetration, the introduction of new cinemas and multiplexes, and the increased acceptance of western lifestyleswould promote business growth.Horizontal Single Axis Solar Tracker (HSAT) Market Competitive Landscape:
The objective of the report is to present a comprehensive analysis of the Global Horizontal Single Axis Solar Tracker (HSAT) Market including all the stakeholders of the industry. The past and current status of the industry with 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 includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has 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 report also helps in understanding Global Horizontal Single Axis Solar Tracker (HSAT) Market dynamics, structure by analyzing the market segments and projects the Global Horizontal Single Axis Solar Tracker (HSAT) Market size. Clear representation of competitive analysis of key players by Offering, price, financial position, Raw material portfolio, growth strategies, and regional presence in the Global Horizontal Single Axis Solar Tracker (HSAT) Market make the report investor’s guide.Scope of Global Horizontal Single Axis Solar Tracker (HSAT)Market: Inquire before buying
Global Horizontal Single Axis Solar Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 1.60 Bn. Forecast Period 2022 to 2029 CAGR: 5% Market Size in 2029: US $ 2.37 Bn. Segments Covered: by Application • Utility • Non-Utility Horizontal Single Axis Solar Tracker (HSAT)Market, by Region
• North America • Europe • Asia-Pacific • MEA & Africa • Latin AmericaHorizontal Single Axis Solar Tracker (HSAT)Market Key Players are:
• STI Norland • Targray • Nextracker Inc • Array Technologies, Inc • SunPower Corporation • MECASOLAR • Powerway Renewable Energy Co. Ltd • Trina Solar Limited • Haosolar Co. Ltd • Soltec • Scorpius Trackers • Titan Tracker • Arctech • Convert Italia • Gonvarri Solar Steel • OthersFrequently Asked questions
1. What is the market size of the Global Horizontal Single Axis Solar Market in 2021? Ans. The market size Global Horizontal Single Axis Solar Market in 2021 was US$ 1.60 Billion. 2. What are the different segments of the Global Horizontal Single Axis Solar Market? Ans. The Global Horizontal Single Axis Solar Market is divided into Application. 3. What is the study period of this market? Ans. The Global Horizontal Single Axis Solar Market will be studied from 2021 to 2029. 4. Which region is expected to hold the highest Global Horizontal Single Axis Solar Market share? Ans. The Asia Pacific dominates the market share in the market. 5. What is the Forecast Period of Global Horizontal Single Axis Solar Market? Ans. The Forecast Period of the market is 2022-2029 in the market.
Global Horizontal Single Axis Solar Tracker (HSAT) Market
1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Horizontal Single Axis Solar Tracker (HSAT) Market Size, by Market Value (US$ Mn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Horizontal Single Axis Solar Tracker (HSAT) Market Analysis and Forecast 7. Global Horizontal Single Axis Solar Tracker (HSAT) Market Analysis and Forecast, by Application 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Horizontal Single Axis Solar Tracker (HSAT) Market Value Share Analysis, by Application 7.4. Global Horizontal Single Axis Solar Tracker (HSAT) Market Size (US$ Mn) Forecast, by Application 7.5. Global Horizontal Single Axis Solar Tracker (HSAT) Market Analysis, by Application 7.6. Global Horizontal Single Axis Solar Tracker (HSAT) Market Attractiveness Analysis, by Application 8. Global Horizontal Single Axis Solar Tracker (HSAT) Market Analysis and Forecast, by Region 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Horizontal Single Axis Solar Tracker (HSAT) Market Value Share Analysis, by Region 8.4. Global Horizontal Single Axis Solar Tracker (HSAT) Market Size (US$ Mn) Forecast, by Region 8.5. Global Horizontal Single Axis Solar Tracker (HSAT) Market Analysis, by Region 9. Global Horizontal Single Axis Solar Tracker (HSAT) Market Analysis 9.1. Key Findings 9.2. Global Horizontal Single Axis Solar Tracker (HSAT) Market Overview 9.3. Global Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Application 9.3.1. Utility 9.3.2. Non-Utility 9.4. Global Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Region 9.4.1. North America 9.4.2. Europe 9.4.3. Asia-Pacific 9.4.4. MEA & Africa 9.4.5. Latin America 9.5. PEST Analysis 9.6. Key Trends 9.7. Key Developments 10. NorthAmerica Horizontal Single Axis Solar Tracker (HSAT) Market Analysis 10.1. Key Findings 10.2. North America Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Application 10.2.1. Utility 10.2.2. Non-Utility 10.3. NorthAmerica Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Country 10.3.1. US 10.3.2. Canada 10.4. US Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Application 10.4.1. Utility 10.4.2. Non-Utility 10.5. Canada Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Application 10.5.1. Utility 10.5.2. Non-Utility 10.6. PEST Analysis 10.7. Key Trends 10.8. Key Developments 11. Europe Horizontal Single Axis Solar Tracker (HSAT) Market Analysis 11.1. Key Findings 11.2. Europe Horizontal Single Axis Solar Tracker (HSAT) Market Overview 11.3. Europe Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Application 11.3.1. Utility 11.3.2. Non-Utility 11.4. Europe Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Country 11.4.1. UK 11.4.2. France 11.4.3. Germany 11.4.4. Russia 11.4.5. Italy 11.4.6. Rest of Europe 11.5. UK Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Application 11.5.1. Utility 11.5.2. Non-Utility 11.6. France Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Application 11.6.1. Utility 11.6.2. Non-Utility 11.7. Germany Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Application 11.7.1. Utility 11.7.2. Non-Utility 11.8. Russia Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Application 11.8.1. Utility 11.8.2. Non-Utility 11.9. Italy Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Application 11.9.1. Utility 11.9.2. Non-Utility 11.10. Rest of Europe Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Application 11.10.1. Utility 11.10.2. Non-Utility 11.11. PEST Analysis 11.12. Key Trends 11.13. Key Developments 12. AsiaPacific Horizontal Single Axis Solar Tracker (HSAT) Market Analysis 12.1. Key Findings 12.2. AsiaPacific Horizontal Single Axis Solar Tracker (HSAT) Market Overview 12.3. Asia Pacific Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Application 12.3.1. Utility 12.3.2. Non-Utility 12.4. AsiaPacific Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Country 12.4.1. China 12.4.2. India 12.4.3. Japan 12.4.4. Malaysia 12.4.5. Indonesia 12.4.6. Rest of Asia-Pacific 12.5. China Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Application 12.5.1. Utility 12.5.2. Non-Utility 12.6. India Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Application 12.6.1. Utility 12.6.2. Non-Utility 12.7. Japan Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Application 12.7.1. Utility 12.7.2. Non-Utility 12.8. Indonesia Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Application 12.8.1. Utility 12.8.2. Non-Utility 12.9. Malaysia Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Application 12.9.1. Utility 12.9.2. Non-Utility 12.10. Rest of Asia Pacific Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Application 12.10.1. Utility 12.10.2. Non-Utility 12.11. Cargo Handling PEST Analysis 12.12. Key Trends 12.13. Key Developments 13. ME & Africa Horizontal Single Axis Solar Tracker (HSAT) Market Analysis 13.1. Key Findings 13.2. ME & Africa Horizontal Single Axis Solar Tracker (HSAT) Market Overview 13.3. ME & Africa Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Application 13.3.1. Utility 13.3.2. Non-Utility 13.4. ME &Africa Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Country 13.4.1. GCC 13.4.2. South Africa 13.4.3. Rest of MEA & Africa 13.5. GCC Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Application 13.5.1. Utility 13.5.2. Non-Utility 13.6. South Africa Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Application 13.6.1. Utility 13.6.2. Non-Utility 13.7. Rest of ME &Africa Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Application 13.7.1. Utility 13.7.2. Non-Utility 13.8. PEST Analysis 13.9. Key Trends 13.10. Key Developments 14. Latin America Horizontal Single Axis Solar Tracker (HSAT) Market Analysis 14.1. Key Findings 14.2. Latin America Horizontal Single Axis Solar Tracker (HSAT) Market Overview 14.3. Latin America Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Application 14.3.1. Utility 14.3.2. Non-Utility 14.4. Latin America Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Country 14.4.1. Mexico 14.4.2. Brazil 14.4.3. Rest of Latin America 14.5. Mexico Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Application 14.5.1. Utility 14.5.2. Non-Utility 14.6. Brazil Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Application 14.6.1. Utility 14.6.2. Non-Utility 14.7. Rest of Latin America Horizontal Single Axis Solar Tracker (HSAT) Market Forecast, by Application 14.7.1. Utility 14.7.2. Non-Utility 14.8. PEST Analysis 14.9. Key Trends 14.10. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Market Share Analysis, by Region 15.3. Market Share Analysis, by Country 15.4. Competition Non-Utility 15.4.1. Competitive Benchmarking of key players by price, presence, market share, Raw material and R&D investment 15.4.2. New Raw material Launches and Raw material Enhancements 15.4.2.1. Market Consolidation 15.4.2.2. M&A by Regions, Investment and Raw material 15.4.2.3. M&A Key Players, Forward Integration and Backward Integration 15.5. Company Profiles: Key Players 15.5.1. STI Norland 15.5.2. Targray 15.5.3. Nextracker Inc 15.5.4. Array Technologies, Inc 15.5.5. SunPower Corporation 15.5.6. MECASOLAR 15.5.7. Powerway Renewable Energy Co. Ltd 15.5.8. Trina Solar Limited 15.5.9. Haosolar Co. Ltd 15.5.10. Soltec 15.5.11. Scorpius Trackers 15.5.12. Titan Tracker 15.5.13. Arctech 15.5.14. Convert Italia 15.5.15. Gonvarri Solar Steel 15.5.16. Others 16. Primary Key Insights.