Transparency Market Research published new market report"Solar Trackers (Single Axis and Dual Axis) Market for Solar PV, CPV, CSP Technology in Utility and Non Utility Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2010 - 2020".Solar trackers are the devices used to orient photovoltaic panels toward the sun to harness more sunlight. They enable solar modules to remain in the best position to accumulate maximum energy from the sun. These trackers are installed in residential, commercial and utility scale solar projects. Solar tracker comprises of numerous components and parts including sun tracking algorithm, control unit, positioning system, drive mechanism system, sensing devices, wind guard, tubes, and rods.Global solar tracker annual installed capacity was 1,188.5 MW in 2010 and estimated to reach 6,998.8 MW in 2020.
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Solar Trackers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2010 - 2020
1. REPORT DESCRIPTION
Global Solar Tracker Annual Installed Capacity is Expected to Reach 6,998.8 MW in
2020: Transparency Market Research
Transparency Market Research published new market report “Solar Trackers (Single Axis
and Dual Axis) Market for Solar PV, CPV, CSP Technology in Utility and Non Utility
Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast,
2010 - 2020," global solar tracker annual installed capacity was 1,188.5 MW in 2010 and
estimated to reach 6,998.8 MW in 2020.
Increasing use of photovoltaics method due to rise in electricity prices is enhancing the
demand for solar tracker to increase the efficiency of installed solar systems. It helps in
reducing the overall operational cost of installed solar system and is very beneficial in the
long run. Supportive regulatory system has resulted in the launch of a wide range of policies
and feed in tariff (FIT) schemes providing huge incentives for using solar energy, thereby
boosting the demand for solar trackers. High manufacturing, installation, and maintenance
cost is expected to be a key challenge for market participants.
Transparency Market Research
Solar Trackers (Single Axis
and Dual Axis) Market -
Global Industry Analysis,
Size, Share, Growth,
Trends and Forecast, 2010
- 2020
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Published Date: OCT 2013
216 Pages Report
2. Solar PV was the major technology used for the installation of solar trackers in 2010 and
capturing over 53% of the market. But by 2020 the demand for other technologies such as
concentrated photovoltaic (CPV) and concentrated solar power (CSP) is expected to rise. In
2020, CPV is estimated to capture over 19% of the market with an annual installation
capacity of 1,357.4 MW. Furthermore, the market is categorized as per products and
applications. Single axis and dual axis are the two types of trackers with single axis trackers
dominating the market and accounted for over 94% of the market in 2010. Utility
applications are expected to dominate tracker installations by 2020.
Europe dominated the global solar tracker market in terms of annual installations,
accounting for 62.47% of the overall market in 2010. Spain, Italy, Germany and Greece,
the key regional markets in Europe are expected to witness a surge in solar tracker demand
owing to a favorable regulatory scenario, huge subsidies and high potential. North
America annual solar tracker market installations are estimated to reach 2,168.5 MW in
2020 whileLatin America solar tracker market is expected to be 1,744.4 in 2020.
Some of the key market participants that deal in solar trackers include Abengoa Solar,
AllEarth Renewables, Array Technologies, DEGERenergie, Ecosun Ltd, Energia Ercam,
Mecasolar, Titan Tracker, Mechatron, SmartTrak, and Soitec. The report provides an
overview of these companies followed by their financial revenue, business strategies, and
recent developments.
This research analyzes and estimates the performance and installation of solar trackers in
the global scenario, providing detailed trend analysis of the market by geography and
comprehensive analysis of companies that are dealing in solar trackers. The report presents
a thorough assessment of the strategies followed by different stakeholders by segmenting
the solar tracker market as below:
Solar Tracker Market: Technology Analysis
Solar PV
Concentrated Photovoltaic (CPV)
Concentrated Solar Power (CSP)
Solar Tracker Market: Product Analysis
Single Axis
Dual Axis
Solar Tracker Market: Application Analysis
Utility
Non Utility
3. Solar Tracker Market: Regional Analysis
North America
U.S.
Canada
Europe
Spain
Germany
Greece
Italy
Asia Pacific
China
India
Japan
Latin America
Brazil
Chile
TABLE OF CONTENTS
Chapter 1 Preface
1.1 Report description
1.2 Market segmentation
1.3 Research scope
1.4 Research methodology
Chapter 2 Executive Summary
4. Browse the full report with complete TOC
at http://www.transparencymarketresearch.com/solar-trackers-market.html.
Chapter 3 Solar Trackers - Industry Analysis
3.1 Introduction
3.2 Value chain analysis
3.3 Market drivers
3.3.1 Growing Photovoltaic (PV) demand
3.3.2 Tracking systems boost the efficiency of solar cells
3.3.3 Government incentive schemes and Feed in Tariff’s (FIT)
3.4 Restraints
3.4.1 Capital intensive technology
3.5 Opportunities
3.5.1 High potential in the Asia Pacific solar PV market
3.6 Regulatory Framework
3.7 Porter’s Five Forces Analysis
3.7.1 Bargaining power of Suppliers
3.7.2 Bargaining Power of Buyers
3.7.3 Threat of Substitutes
3.7.4 Threat of New Entrants
3.7.5 Degree of Competition
3.8 Solar trackers: Market attractiveness analysis, by technology, 2012
3.9 Solar Trackers: Company Market Share Analysis, 2012
Chapter 4 Solar Tracker Market – Technology Analysis
4.1 Global Solar Tracker Market: Technology Overview
5. 4.1.1 Global solar trackers market, annual installation share, by technology, 2010 and
2020
4.2 Solar Photovoltaic (Solar PV)
4.2.1 Global solar PV tracker annual installations, 2010– 2020 (MW)
4.3 Concentrated Photovoltaic (CPV)
4.3.1 Global Concentrated Photovoltaic (CPV) trackers annual installations, 2010– 2020
(MW)
4.4 Concentrated Solar Power (CSP)
4.4.1 Global Concentrated Solar Power (CSP) trackers annual installation, 2010– 2020
(MW)
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Chapter 5 Solar Tracker Market – Product Segment Analysis
5.1 Solar Tracker Market: Product Segment Overview
5.1.1 Global solar tracker market, annual installation share, by product, 2010 and 2020
6. 5.2 Single Axis
5.2.1 Global single axis tracker market estimates and forecast, 2010– 2020 (MW)
5.3 Dual Axis
5.3.1 Global dual axis tracker market estimates and forecast, 2010– 2020 (MW)
5.4 Fixed Solar Systems
5.4.1 Global fixed solar systems market, annual installation share, by geography, 2010
and 2020
5.4.2 Global fixed solar systems market, annual installation share, by application, 2010
and 2020
5.4.3 North America
5.4.4 Europe
5.4.5 Asia Pacific
5.4.6 Latin America
5.4.7 Middle East and Africa (MEA)
Chapter 6 Global Solar Tracker Market – Regional Analysis
6.1 Global Solar Tracker Market: Regional overview
6.1.1 Global solar tracker annual installation, by region, 2010 & 2020
6.2 North America
6.2.1 North America solar tracker annual installed capacity, by technology, 2010 -
2020, (MW)
6.2.2 North America solar tracker annual installed capacity, by product, 2010 – 2020
(MW)
6.2.2.1 North America solar tracker market, by product, 2010 – 2020 (USD
Million)
6.2.3 North America solar tracker annual installed capacity, by application, 2010 - 2020,
(MW)
6.2.4 U.S.
7. 6.2.4.1 U.S. solar tracker annual installed capacity, by technology, 2010 - 2020,
(MW)
6.2.4.2 U.S. solar tracker annual installed capacity, by product, 2010 – 2020
(MW)
6.2.4.3 U.S. solar tracker market, by product, 2010 – 2020 (USD Million)
6.2.4.4 U.S. solar tracker price, by product, 2010 – 2020 (USD/Watt)
6.2.4.5 U.S. solar tracker annual installed capacity, by application, 2010 - 2020,
(MW)
6.2.5 Canada
6.2.5.1 Canada solar tracker annual installed capacity, by technology, 2010 -
2020, (MW)
6.2.5.2 Canada solar tracker annual installed capacity, by product, 2010 – 2020
(MW)
6.2.5.3 Canada solar tracker market, by product, 2010 – 2020 (USD Million)
6.2.5.4 Canada solar tracker price, by product, 2010 – 2020 (USD/Watt)
6.2.5.5 Canada solar tracker annual installed capacity, by application, 2010 -
2020, (MW)
6.3 Europe
6.3.1 Europe solar tracker annual installed capacity, by technology, 2010 - 2020, (MW)
6.3.2 Europe solar tracker annual installed capacity, by product, 2010 – 2020 (MW)
6.3.2.1 Europe solar tracker market revenue, 2010-2020 (USD Million)
6.3.3 Europe solar tracker annual installed capacity, by application, 2010 – 2020 (MW)
6.3.4 Spain
6.3.4.1 Spain solar tracker annual installed capacity, by technology, 2010 – 2020
(MW)
6.3.4.2 Spain solar tracker annual installed capacity, by product, 2010 – 2020
(MW)
6.3.4.2.1 Spain solar tracker market revenue, by product, 2010 - 2020
(USD Million)
8. 6.3.4.2.2 Spain solar tracker price, by product, 2010 – 2020 (USD/Watt)
6.3.4.3 Spain solar tracker annual installed capacity, by application, 2010 – 2020
(MW)
6.3.5 Germany
6.3.5.1 Germany solar tracker annual installed capacity, by technology, 2010 –
2020 (MW)
6.3.5.2 Germany solar tracker annual installed capacity, by product, 2010 – 2020
(MW)
6.3.5.2.1 Germany solar tracker market revenue, by product, 2010-2020
(USD Million)
6.3.5.2.2 Germany solar tracker price, by product, 2010 – 2020
(USD/Watt)
6.3.5.3 Germany solar tracker annual installed capacity, by application, 2010 –
2020 (MW)
6.3.6 Greece
6.3.6.1 Greece solar tracker annual installed capacity, by technology, 2010 –
2020 (MW)
6.3.6.2 Greece solar tracker annual installed capacity, by product, 2010 – 2020
(MW)
6.3.6.2.1 Greece solar tracker market revenue, by product, 2010-2020
(USD Million)
6.3.6.2.2 Greece solar tracker price, by product, 2010 – 2020 (USD/Watt)
6.3.6.3 Greece solar tracker annual installed capacity, by application, 2010 –
2020 (MW)
6.3.7 Italy
6.3.7.1 Italy solar tracker annual installed capacity, by technology, 2010 – 2020
(MW)
6.3.7.2 Italy solar tracker annual installed capacity, by product, 2010 – 2020
(MW)
6.3.7.2.1 Italy solar tracker market revenue, by product, 2010-2020
(USD Million)
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at http://www.transparencymarketresearch.com/solar-trackers-market.html
6.3.7.2.2 Italy solar tracker price, by product, 2010 – 2020 (USD/Watt)
6.3.7.3 Italy solar tracker annual installed capacity, by application, 2010 – 2020
(MW)
6.4 Asia pacific
6.4.1 Asia Pacific solar tracker annual installed capacity, by technology, 2010 - 2020,
(MW)
6.4.2 Asia Pacific solar tracker annual installed capacity, by product, 2010 – 2020 (MW)
6.4.2.1 Asia Pacific solar tracker market, by product, 2010 – 2020 (USD Million)
6.4.3 Asia Pacific solar tracker annual installed capacity, by application, 2010 - 2020,
(MW)
6.4.4 China
6.4.4.1 China solar tracker annual installed capacity, by technology, 2010 - 2020,
(MW)
6.4.4.2 China solar tracker annual installed capacity, by product, 2010 – 2020
(MW)
6.4.4.2.1 China solar tracker market, by product, 2010 – 2020 (USD
Million)
6.4.4.2.2 China solar tracker price, by product, 2010 – 2020 (USD/Watt)
6.4.4.3 China solar tracker annual installed capacity, by application, 2010 - 2020,
(MW)
6.4.5 Japan
6.4.5.1 Japan solar tracker annual installed capacity, by technology, 2010 - 2020,
(MW)
6.4.5.2 Japan solar tracker annual installed capacity, by product, 2010 – 2020
(MW)
6.4.5.2.1 Japan solar tracker market, by product, 2010 – 2020 (USD
Million)
6.4.5.2.2 Japan solar tracker price, by product, 2010 – 2020 (USD/Watt)
10. 6.4.5.3 Japan solar tracker annual installed capacity, by application, 2010 - 2020,
(MW)
6.4.6 India
6.4.6.1 India solar tracker annual installed capacity, by technology, 2010 - 2020,
(MW)
6.4.6.2 India solar tracker annual installed capacity, by product, 2010 – 2020
(MW)
6.4.6.2.1 India solar tracker market revenue, by product, 2010 – 2020
(USD Million)
6.4.6.2.2 India solar tracker price, by product, 2010 – 2020 (USD/Watt)
6.4.6.3 India solar tracker annual installed capacity, by application, 2010 - 2020,
(MW)
6.5 Latin America
6.5.1 Latin America solar tracker annual installed capacity, by technology, 2010 - 2020,
(MW)
6.5.2 Latin America solar tracker annual installed capacity, by product, 2010 – 2020
(MW)
6.5.2.1 Latin America solar tracker market, by product, 2010 – 2020 (USD Million)
6.5.3 Latin America solar tracker annual installed capacity, by application, 2010 - 2020,
(MW)
6.5.4 Brazil
6.5.4.1 Brazil solar tracker annual installed capacity, by technology, 2010 - 2020,
(MW)
6.5.4.2 Brazil solar tracker annual installed capacity, by product, 2010 – 2020
(MW)
6.5.4.2.1 Brazil solar tracker market, by product, 2010 – 2020 (USD
Million)
6.5.4.2.2 Brazil solar tracker price, by product, 2010 – 2020 (USD/Watt)
6.5.4.3 Brazil solar tracker annual installed capacity, by application, 2010 - 2020,
(MW)
11. 6.5.5 Chile
6.5.5.1 Chile solar tracker annual installed capacity, by technology, 2010 - 2020,
(MW)
6.5.5.2 Chile solar tracker annual installed capacity, by product, 2010 – 2020
(MW)
6.5.5.2.1 Chile solar tracker market, by product, 2010 – 2020 (USD
Million)
6.5.5.2.2 Chile solar tracker price, by product, 2010 – 2020 (USD/Watt)
6.5.5.3 Chile solar tracker annual installed capacity, by application, 2010 - 2020,
(MW)
Chapter 7 Company Profiles
7.1 BrightSource Energy Inc.
7.1.1 Company overview
7.1.2 Business strategy
7.1.3 SWOT analysis
7.1.4 Recent developments
7.2 Soitec SA
7.2.1 Company overview
7.2.2 Financial Overview
7.2.3 Business strategy
7.2.4 SWOT analysis
7.2.5 Recent developments
7.3 Titan Tracker Inc.
7.3.1 Company overview
7.3.2 Product portfolio
7.3.3 Business strategy
12. 7.3.4 SWOT analysis
7.3.5 Recent developments
7.4 TechnoSunSolar GmbH
7.4.1 Company overview
7.4.2 Product portfolio
7.4.3 Business strategy
7.4.4 SWOT analysis
7.4.5 Recent developments
7.5 Van der Valk Solar Systems BV
7.5.1 Company overview
7.5.2 Product portfolio
7.5.3 Business strategy
7.5.4 SWOT analysis
7.5.5 Recent developments
7.6 Array Technologies Inc.
7.6.1 Company overview
7.6.2 Product portfolio
7.6.3 Business strategy
7.6.4 SWOT analysis
7.6.5 Recent developments
7.7 AllEarth Renewables Inc.
7.7.1 Company overview
7.7.2 Product portfolio
7.7.3 Business strategy
7.7.4 SWOT analysis
13. 7.7.5 Recent developments
7.8 Ecosun Ltd.
7.8.1 Company overview
7.8.2 Product portfolio
7.8.3 Business strategy
7.8.4 SWOT analysis
7.9 DEGERenergie GmbH
7.9.1 Company overview
7.9.2 Product portfolio
7.9.3 Business strategy
7.9.4 SWOT analysis
7.9.5 Recent developments
7.10 Powerway Renewable Energy Co.
7.10.1 Company overview
7.10.2 Business strategy
7.10.3 SWOT analysis
7.10.4 Recent developments
7.11 SmartTrak Solar Systems Pvt. Ltd.
7.11.1 Company overview
7.11.2 Product portfolio
7.11.3 Business strategy
7.11.4 SWOT analysis
7.11.5 Recent developments
7.12 Solar FlexRack
7.12.1 Company overview
14. 7.12.2 Product portfolio
7.12.3 Business strategy
7.12.4 SWOT analysis
7.12.5 Recent developments
7.13 Haosolar Co. Ltd.
7.13.1 Company overview
7.13.2 Product portfolio
7.13.3 Business strategy
7.13.4 SWOT analysis
7.13.5 Recent developments
7.14 Ideematech Deutschland GmbH
7.14.1 Company overview
7.14.2 Product portfolio
7.14.3 Business strategy
7.14.4 SWOT analysis
7.14.5 Recent developments
7.15 Mecasolar
7.15.1 Company overview
7.15.2 Product portfolio
7.15.3 Business strategy
7.15.4 SWOT analysis
7.15.5 Recent developments
7.16 Mechatron
7.16.1 Company overview
7.16.2 Product portfolio
15. 7.16.3 Business strategy
7.16.4 SWOT analysis
7.16.5 Recent development
7.17 QBotix
7.17.1 Company overview
7.17.2 Product Portfolio
7.17.3 Business strategy
7.17.4 SWOT analysis
7.17.5 Recent developments
7.18 Frontier Technology Group Ltd.
7.18.1 Company overview
7.18.2 Product Portfolio
7.18.3 Business strategy
7.18.4 SWOT analysis
7.18.5 Recent developments
7.19 Energia Ercam
7.19.1 Company overview
7.19.2 Product Portfolio
7.19.3 Business strategy
7.19.4 SWOT analysis
7.19.5 Recent developments
7.20 Amonix
7.20.1 Company overview
7.20.2 Product Portfolio
7.20.3 Business strategy
16. 7.20.4 SWOT analysis
7.20.5 Recent developments
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