Reports
Reports
Sale
The global dual-axis solar tracker market size will expand at a CAGR of 15% over the forecast period of 2024-2032.
The high efficiency of electricity generation generated by new solar technologies, including CSP and CPV, is enhancing the popularity of the solar industry. Due to their ability to generate electricity from stored thermal energy during nights, along with the hours of low solar radiation, CSP plants are favoured over conventional solar PV plants.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Usually, dual-axis tracking is used to align a mirror and guide sunlight to a stationary receiver along a fixed axis. Due to the nature of trackers to follow the sun vertically and horizontally, they help to achieve optimum production of solar energy.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The dual-axis solar tracker market can be divided based on application segments into:
The EMR report looks into the regional markets of dual-axis solar tracker like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific regions.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
For CSP and CPV, the dual-axis solar trackers are commonly used as the mirrors, and modules used in these technologies allow an ideal angle of continuous exposure to sunlight. As a result, the rising CSP and CPV solar plant installations will be a crucial factor driving the market demand for dual-axis solar trackers. The increasing component production scale and intense competition between players in the solar power market have helped to reduce solar power generation costs. The adoption of solar technology has been boosted by the growth of ESS, which during non-productive hours, has bridged the gap between production and supply of solar PV systems. It is expected that the rising demand for clean and sustainable energy will fuel the demand for solar PV panels in countries like India, China, Germany, and the United States. Due to the higher production output provided by dual-axis solar trackers in comparison to the other alternatives, the increasing use of solar energy for generating power will boost the growth of the dual-axis solar tracker market.
The report presents a detailed analysis of the following key players in the global dual-axis solar tracker market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Application |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Dual-Axis Solar Tracker Market Analysis
8.1 Key Industry Highlights
8.2 Global Dual-Axis Solar Tracker Historical Market (2018-2023)
8.3 Global Dual-Axis Solar Tracker Market Forecast (2024-2032)
8.4 Global Dual-Axis Solar Tracker Market by Application
8.4.1 Utility
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Non-Utility
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Dual-Axis Solar Tracker Market by Region
8.5.1 North America
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Europe
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Asia Pacific
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Latin America
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Middle East and Africa
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
9 North America Dual-Axis Solar Tracker Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Dual-Axis Solar Tracker Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Dual-Axis Solar Tracker Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Dual-Axis Solar Tracker Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Dual-Axis Solar Tracker Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 AllEarth Renewables, Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Degerenergie GmbH & Co. KG
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Mechatron Solar
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Haosolar Co. Ltd
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 InfiniteERCAM SA
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Dual-Axis Solar Tracker Market: Key Industry Highlights, 2017 and 2021
2. Global Dual-Axis Solar Tracker Historical Market: Breakup by Application (USD Million), 2018-2023
3. Global Dual-Axis Solar Tracker Market Forecast: Breakup by Application (USD Million), 2024-2032
4. Global Dual-Axis Solar Tracker Historical Market: Breakup by Region (USD Million), 2018-2023
5. Global Dual-Axis Solar Tracker Market Forecast: Breakup by Region (USD Million), 2024-2032
6. North America Dual-Axis Solar Tracker Historical Market: Breakup by Country (USD Million), 2018-2023
7. North America Dual-Axis Solar Tracker Market Forecast: Breakup by Country (USD Million), 2024-2032
8. Europe Dual-Axis Solar Tracker Historical Market: Breakup by Country (USD Million), 2018-2023
9. Europe Dual-Axis Solar Tracker Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Asia Pacific Dual-Axis Solar Tracker Historical Market: Breakup by Country (USD Million), 2018-2023
11. Asia Pacific Dual-Axis Solar Tracker Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Latin America Dual-Axis Solar Tracker Historical Market: Breakup by Country (USD Million), 2018-2023
13. Latin America Dual-Axis Solar Tracker Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Middle East and Africa Dual-Axis Solar Tracker Historical Market: Breakup by Country (USD Million), 2018-2023
15. Middle East and Africa Dual-Axis Solar Tracker Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Global Dual-Axis Solar Tracker Market Structure
The market is projected to grow at a CAGR of 15% between 2024 and 2032.
The major drivers of the market include the increasing component production scale, growth of ESS, rising demand for clean and sustainable energy and increasing use of solar energy for generating power.
The high efficiency of electricity generation generated by new solar technologies and rising CSP and CPV solar plant installations are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, Middle East and Africa, Europe, and Asia Pacific.
The major applications of the market includes utility and non-utility.
The major players in the industry are AllEarth Renewables, Inc., DEGERenergie GmbH & Co. KG, Mechatron SA, Qingdao Eternal Electronic Co. Ltd., and Titan Tracker SL, among others.
The global dual-axis solar tracker market has been driven by the high efficiency of electricity generation generated by new solar technologies. Aided by rising demand for clean and sustainable energy and rising CSP and CPV solar plant installations, the market is expected to witness further growth in the forecast period of 2024-2032, growing at a CAGR of 15%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The major applications of the market includes utility and non-utility. The major regional markets for dual-axis solar tracker market are North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The major players in the industry are AllEarth Renewables, Inc., DEGERenergie GmbH & Co. KG, Mechatron SA, Qingdao Eternal Electronic Co. Ltd., and Titan Tracker SL, among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
Mini Report
Single User License
Five User License
Corporate License
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.