The dual-axis solar tracker market size has the potential to grow by $ 486.06 mn during 2021-2025, and the market’s growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by application (Utility and Non-utility) and geography (APAC, Europe, North America, MEA, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Abengoa SA, AllEarth Renewables Inc., BIG SUN Energy Technology Inc., Cabanillas Future SL, DEGERENERGIE GMBH & CO. KG, HeliosLite SAS, Mechatron, Moser LLC, PARU, and Shandong Huayue New Energy Co. Ltd..
Market Overview
Browse TOC and LoE with selected illustrations and example pages of Dual-Axis Solar Tracker Market
Market Competitive Analysis
The dual-axis solar tracker market is fragmented. Abengoa SA, AllEarth Renewables Inc., BIG SUN Energy Technology Inc., Cabanillas Future SL, DEGERENERGIE GMBH & CO. KG, HeliosLite SAS, Mechatron, Moser LLC, PARU, and Shandong Huayue New Energy Co. Ltd. are some of the major market participants. Factors such as declining cost of solar power generation will offer immense growth opportunities. However, competition from alternatives of dual-axis solar trackers may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this dual-axis solar tracker market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this dual-axis solar tracker market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
- Abengoa SA
- AllEarth Renewables Inc.
- BIG SUN Energy Technology Inc.
- Cabanillas Future SL
- DEGERENERGIE GMBH & CO. KG
- HeliosLite SAS
- Mechatron
- Moser LLC
- PARU
- Shandong Huayue New Energy Co. Ltd.
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Dual-Axis Solar Tracker Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 13% |
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Market growth 2021-2025 |
$ 486.06 million |
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Market structure |
Fragmented |
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YoY growth (%) |
13.69 |
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Regional analysis |
APAC, Europe, North America, MEA, and South America |
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Performing market contribution |
APAC at 38% |
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Key consumer countries |
China, Germany, US, India, and Morocco |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Abengoa SA, AllEarth Renewables Inc., BIG SUN Energy Technology Inc., Cabanillas Future SL, DEGERENERGIE GMBH & CO. KG, HeliosLite SAS, Mechatron, Moser LLC, PARU, and Shandong Huayue New Energy Co. Ltd. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Dual-Axis Solar Tracker Market: Segmentation by Geography
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The report offers an up-to-date analysis regarding the current Global market scenario, latest trends and drivers, and the overall market environment. APAC will offer several growth opportunities to market vendors during the forecast period. The supportive government policies and regulations pertaining to solar installations will significantly influence dual-axis solar tracker market's growth in this region.
38% of the market’s growth will originate from APAC during the forecast period. China | Germany | US | India | Morocco are the key markets for dual-axis solar tracker market in APAC. This report provides an accurate prediction of the contribution of all segments to the growth of the dual-axis solar tracker market size.
Dual-Axis Solar Tracker Market: Key Highlights of the Report for 2021-2025
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive dual-axis solar tracker market growth during the next five years
- Precise estimation of the dual-axis solar tracker market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the dual-axis solar tracker market industry across APAC, Europe, North America, MEA, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of dual-axis solar tracker market vendors
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