Los Angeles, CA -- (SBWIRE) -- 01/08/2019 -- Global Solar PV Tracker Market report is designed in a method that helps readers to acquire a complete knowledge about the overall market scenario for the projected period. This Market report consists of the brief profile of key players in the industry and their upcoming market plans and current developments during the forecasted period 2018 to 2025.

The report of global Solar PV Tracker market includes the competitive landscape section which provides the full and in-depth analysis of the current market trends, changing technologies and developments that will be beneficial for the companies, which are competing in the market. The report offers an overview of revenue, demand, and supply of data, futuristic cost, and growth analysis during the projected the year.

A solar photovoltaic (PV) tracker is a device that orients solar panels or heliostats toward the Sun. A solar PV tracker is used in solar panels, heliostats, and parabolic troughs to align them in such a position toward the sun so as to collect solar energy in the most optimal angle, thereby increasing the efficiency of PV systems. Fixed-mounted solar panels may lose their efficiency when the Sun passes to the less than optimal angle. A solar tracker system tracks the position of the Sun and moves solar panels such that they align accurately with the position of the Sun.

The increasing investment on renewables and rising installation of solar PV systems will provide traction to the solar PV technology in the solar tracking system market. The demand for the solar PV technology is influenced by the growing population and rising demand for electricity. Utility segment is the primary end-user of solar PV trackers to increase their efficiency in generating electricity.

The Americas will be the major revenue contributor to the solar tracking system market due to the extensive investments in additional solar capacity and solar installations. The US, Canada, and Brazil are the major contributors in this region, where the increased government support and the declining solar power prices, drive the market's growth prospects.

The Solar PV Tracker market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Solar PV Tracker.

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The following manufacturers are covered in this report:

Arctech

Array Technologies

Convert Italia

First Solar

NEXTracker

Abengoa

AllEarth Renewables

Edisun Microgrids

Exosun

GameChange Solar

Haosolar

Mahindra Susten

Scorpius Trackers

Solar FlexRack

Soltec

Sun Action Trackers

SunLink

SunPower

Solar PV Tracker Breakdown Data by Type

By Axis

Single Axis Tracker

Dual Axis Tracker

By Drive Types

Active Tracker

Passive Tracker

Solar PV Tracker Breakdown Data by Application

Utility

Commercial & Industrial

Residential

Solar PV Tracker Production by Region

United States

Europe

China

Japan

Other Regions

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