Dual Axis Solar Tracker Market Size By Application, Industry Analysis Report, Regional Outlook (Europe, North America, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
48355 | Date :
Jan, 2023 | Pages :
182 | Region : Global |
Publisher : RI
The dominance of single-axis trackers in the large utility-scale solar market sometimes steals the limelight from its dual-axis cousins. But dual-axis trackers—those that follow the sun more directly than single-axis models\' east-west path—have their place in residential and commercial markets. Different manufacturers use different methods of tracking to follow the sun, the dual-axis trackers use GPS signals to determine the tracker\'s latitude and longitude, as well as the date and time. With this information, the tracker will know the position of the sun for any given time and orient itself to face the sun using a hydraulic drive system. The tracker will be facing the sun even during cloudy periods, so when the clouds part the tracker will already be positioned to maximize power production without any delays to reposition itself.
The global dual axis tracker market is in nascent phase, and it is likely to growat a rapid rate on account of increasing focus on enhancing the energy produced from solar power systems. The technological benefits associated with dual tracker are a big boost for its adoption. Globally, the rising concern regarding pollution caused from conventional sources of energy has led to explore the alternate sources of energy. The popularity of solar power generation has led to widespread research and development to enhance the efficiency of the solar power plants. The dual axis trackers enhance the energy production by 30 to 45 percent from solar panels in comparison to fixed installations.
Globally, the increasing awareness about clean energy is providing a huge impetus to alternate sources of energy. As per the Paris climate deal, the countries across the globe have committed to use clean energy sources and move away from conventional fuels, which cause adverse effects on environment. The dual axis solar trackers can be used to enhance the net energy generation from solar power plants.
Europe region would dominate the market growth in dual axis solar trackers market, owing to huge investments made in solar power development in the region. Rising environmental concerns have led to rapid adoption of solar energy in the European countries.
The Global Dual Axis Solar Tracker Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023-2030.
In the global Dual Axis Solar Tracker Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
AllEarth Renewables
Sun Action Trackers
NEXTracker
Array Technologies
SunPower
Abengoa Solar
Scorpius Trackers
Powerway
Titan Tracker
DEGERenergie GmbH
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Fully-Automatic Solar Trackers
Semi-Automatic Solar Trackers
In Market segmentation by applications :
Utility
Commercial
Residential
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Dual Axis Solar Tracker Market for the forecast period 2023-2030?
• What are the driving forces in the Dual Axis Solar Tracker Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Dual Axis Solar Tracker industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
Table of Contents
1 Report Overview
1.1 Research Scope
1.2 Major Manufacturers Covered in This Report
1.3 Market Segment by Type
1.3.1 Global Dual Axis Solar Tracker Market Size Growth Rate by Type (2020-2030)
1.3.2 Fully-Automatic Solar Trackers
1.3.3 Semi-Automatic Solar Trackers
1.4 Market Segment by Application
1.4.1 Global Dual Axis Solar Tracker Market Share by Application (2020-2030)
1.4.2 Utility
1.4.3 Commercial
1.4.4 Residential
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Production and Capacity Analysis
2.1.1 Global Dual Axis Solar Tracker Production Value 2015-2030
2.1.2 Global Dual Axis Solar Tracker Production 2015-2030
2.1.3 Global Dual Axis Solar Tracker Capacity 2015-2030
2.1.4 Global Dual Axis Solar Tracker Marketing Pricing and Trends
2.2 Key Producers Growth Rate (CAGR) 2020-2030
2.2.1 Global Dual Axis Solar Tracker Market Size CAGR of Key Regions
2.2.2 Global Dual Axis Solar Tracker Market Share of Key Regions
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
3 Market Share by Manufacturers
3.1 Capacity and Production by Manufacturers
3.1.1 Global Dual Axis Solar Tracker Capacity by Manufacturers
3.1.2 Global Dual Axis Solar Tracker Production by Manufacturers
3.2 Revenue by Manufacturers
3.2.1 Dual Axis Solar Tracker Revenue by Manufacturers (2018-2022)
3.2.2 Dual Axis Solar Tracker Revenue Share by Manufacturers (2018-2022)
3.2.3 Global Dual Axis Solar Tracker Market Concentration Ratio (CR5 and HHI)
3.3 Dual Axis Solar Tracker Price by Manufacturers
3.4 Key Manufacturers Dual Axis Solar Tracker Plants/Factories Distribution and Area Served
3.5 Date of Key Manufacturers Enter into Dual Axis Solar Tracker Market
3.6 Key Manufacturers Dual Axis Solar Tracker Product Offered
3.7 Mergers & Acquisitions, Expansion Plans
4 Market Size by Type
4.1 Production and Production Value for Each Type
4.1.1 Fully-Automatic Solar Trackers Production and Production Value (2018-2022)
4.1.2 Semi-Automatic Solar Trackers Production and Production Value (2018-2022)
4.2 Global Dual Axis Solar Tracker Production Market Share by Type
4.3 Global Dual Axis Solar Tracker Production Value Market Share by Type
4.4 Dual Axis Solar Tracker Ex-factory Price by Type
5 Market Size by Application
5.1 Overview
5.2 Global Dual Axis Solar Tracker Consumption by Application
6 Production by Regions
6.1 Global Dual Axis Solar Tracker Production (History Data) by Regions 2015-2020
6.2 Global Dual Axis Solar Tracker Production Value (History Data) by Regions
6.3 United States
6.3.1 United States Dual Axis Solar Tracker Production Growth Rate 2015-2020
6.3.2 United States Dual Axis Solar Tracker Production Value Growth Rate 2015-2020
6.3.3 Key Players in United States
6.3.4 United States Dual Axis Solar Tracker Import & Export
6.4 European Union
6.4.1 European Union Dual Axis Solar Tracker Production Growth Rate 2015-2020
6.4.2 European Union Dual Axis Solar Tracker Production Value Growth Rate 2015-2020
6.4.3 Key Players in European Union
6.4.4 European Union Dual Axis Solar Tracker Import & Export
6.5 China
6.5.1 China Dual Axis Solar Tracker Production Growth Rate 2015-2020
6.5.2 China Dual Axis Solar Tracker Production Value Growth Rate 2015-2020
6.5.3 Key Players in China
6.5.4 China Dual Axis Solar Tracker Import & Export
6.6 Rest of World
6.6.1 Japan
6.6.2 Korea
6.6.3 India
6.6.4 Southeast Asia
7 Dual Axis Solar Tracker Consumption by Regions
7.1 Global Dual Axis Solar Tracker Consumption (History Data) by Regions
7.2 United States
7.2.1 United States Dual Axis Solar Tracker Consumption by Type
7.2.2 United States Dual Axis Solar Tracker Consumption by Application
7.3 European Union
7.3.1 European Union Dual Axis Solar Tracker Consumption by Type
7.3.2 European Union Dual Axis Solar Tracker Consumption by Application
7.4 China
7.4.1 China Dual Axis Solar Tracker Consumption by Type
7.4.2 China Dual Axis Solar Tracker Consumption by Application
7.5 Rest of World
7.5.1 Rest of World Dual Axis Solar Tracker Consumption by Type
7.5.2 Rest of World Dual Axis Solar Tracker Consumption by Application
7.5.1 Japan
7.5.2 Korea
7.5.3 India
7.5.4 Southeast Asia
8 Company Profiles
8.1 AllEarth Renewables
8.1.1 AllEarth Renewables Company Details
8.1.2 Company Description and Business Overview
8.1.3 Production and Revenue of Dual Axis Solar Tracker
8.1.4 Dual Axis Solar Tracker Product Introduction
8.1.5 AllEarth Renewables Recent Development
8.2 Sun Action Trackers
8.2.1 Sun Action Trackers Company Details
8.2.2 Company Description and Business Overview
8.2.3 Production and Revenue of Dual Axis Solar Tracker
8.2.4 Dual Axis Solar Tracker Product Introduction
8.2.5 Sun Action Trackers Recent Development
8.3 NEXTracker
8.3.1 NEXTracker Company Details
8.3.2 Company Description and Business Overview
8.3.3 Production and Revenue of Dual Axis Solar Tracker
8.3.4 Dual Axis Solar Tracker Product Introduction
8.3.5 NEXTracker Recent Development
8.4 Array Technologies
8.4.1 Array Technologies Company Details
8.4.2 Company Description and Business Overview
8.4.3 Production and Revenue of Dual Axis Solar Tracker
8.4.4 Dual Axis Solar Tracker Product Introduction
8.4.5 Array Technologies Recent Development
8.5 SunPower
8.5.1 SunPower Company Details
8.5.2 Company Description and Business Overview
8.5.3 Production and Revenue of Dual Axis Solar Tracker
8.5.4 Dual Axis Solar Tracker Product Introduction
8.5.5 SunPower Recent Development
8.6 Abengoa Solar
8.6.1 Abengoa Solar Company Details
8.6.2 Company Description and Business Overview
8.6.3 Production and Revenue of Dual Axis Solar Tracker
8.6.4 Dual Axis Solar Tracker Product Introduction
8.6.5 Abengoa Solar Recent Development
8.7 Scorpius Trackers
8.7.1 Scorpius Trackers Company Details
8.7.2 Company Description and Business Overview
8.7.3 Production and Revenue of Dual Axis Solar Tracker
8.7.4 Dual Axis Solar Tracker Product Introduction
8.7.5 Scorpius Trackers Recent Development
8.8 Powerway
8.8.1 Powerway Company Details
8.8.2 Company Description and Business Overview
8.8.3 Production and Revenue of Dual Axis Solar Tracker
8.8.4 Dual Axis Solar Tracker Product Introduction
8.8.5 Powerway Recent Development
8.9 Titan Tracker
8.9.1 Titan Tracker Company Details
8.9.2 Company Description and Business Overview
8.9.3 Production and Revenue of Dual Axis Solar Tracker
8.9.4 Dual Axis Solar Tracker Product Introduction
8.9.5 Titan Tracker Recent Development
8.10 DEGERenergie GmbH
8.10.1 DEGERenergie GmbH Company Details
8.10.2 Company Description and Business Overview
8.10.3 Production and Revenue of Dual Axis Solar Tracker
8.10.4 Dual Axis Solar Tracker Product Introduction
8.10.5 DEGERenergie GmbH Recent Development
9 Market Forecast
9.1 Global Market Size Forecast
9.1.1 Global Dual Axis Solar Tracker Capacity, Production Forecast 2020-2030
9.1.2 Global Dual Axis Solar Tracker Production Value Forecast 2020-2030
9.2 Market Forecast by Regions
9.2.1 Global Dual Axis Solar Tracker Production and Value Forecast by Regions 2020-2030
9.2.2 Global Dual Axis Solar Tracker Consumption Forecast by Regions 2020-2030
9.3 United States
9.3.1 Production and Value Forecast in United States
9.3.2 Consumption Forecast in United States
9.4 European Union
9.4.1 Production and Value Forecast in European Union
9.4.2 Consumption Forecast in European Union
9.5 China
9.5.1 Production and Value Forecast in China
9.5.2 Consumption Forecast in China
9.6 Rest of World
9.6.1 Japan
9.6.2 Korea
9.6.3 India
9.6.4 Southeast Asia
9.7 Forecast by Type
9.7.1 Global Dual Axis Solar Tracker Production Forecast by Type
9.7.2 Global Dual Axis Solar Tracker Production Value Forecast by Type
9.8 Consumption Forecast by Application
10 Value Chain and Sales Channels Analysis
10.1 Value Chain Analysis
10.2 Sales Channels Analysis
10.2.1 Dual Axis Solar Tracker Sales Channels
10.2.2 Dual Axis Solar Tracker Distributors
10.3 Dual Axis Solar Tracker Customers
11 Opportunities & Challenges, Threat and Affecting Factors
11.1 Market Opportunities
11.2 Market Challenges
11.3 Porters Five Forces Analysis
12 Key Findings
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
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