Dual Axis Solar Tracker Market Overview Along with Competitive Landscape, Company Profiles with Product Details and Competitors 2019 to 2025
Los Angeles, CA -- (SBWire) -- 03/27/2019 --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.
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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 is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Dual Axis Solar Tracker volume and value at global level, regional level and company level. From a global perspective, this report represents overall Dual Axis Solar Tracker market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
AllEarth Renewables
Sun Action Trackers
NEXTracker
Array Technologies
SunPower
Abengoa Solar
Scorpius Trackers
Powerway
Titan Tracker
DEGERenergie GmbH
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Dual Axis Solar Tracker Market Segment by Regions
North America
Europe
China
Japan
Dual Axis Solar Tracker Market Segment by Type
Fully-Automatic Solar Trackers
Semi-Automatic Solar Trackers
Dual Axis Solar Tracker Market Segment by Application
Utility
Commercial
Residential
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