These trackers are installed in residential, commercial and utility scale solar projects. Solar tracker comprises of numerous components and parts including sun tracking algorithms, control unit, positioning system
Albany, NY -- (SBWIRE) -- 07/10/2017 -- The solar trackers market is experiencing a new development since most companies and individuals want cleaner solar power sources. Looking into this huge potential, a new study has been added to the vast online repository of Market Research Reports Search Engine, with the title ''Solar Trackers Market (Single Axis and Dual Axis) for Solar PV, CPV, CSP Technology in Utility and Non-Utility Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2010 - 2020''. The study offers intensive analysis of the most profitable factors such as the most influential players, strategies and products.
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In the beginning, the report offers a clear introduction, along with the highly resourceful value chain analysis. Later, the study focuses on the three market drivers which are the growing photovoltaic (PV) demand, tracking systems increase the efficiency of solar cells and government incentive schemes and feed in tariff's (FIT). Whereas, the restraints are capital intensive technology and the main opportunities point out to the high potential in the Asia Pacific solar PV market. In this section, the reader can also gain enriching knowledge on the regulatory framework and Porter's five forces analysis. By analyzing the bargaining power of suppliers as well as the bargaining power of buyers, the readers can gain insights about creating profitable products.
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On the basis of technology, the report analyzes three key types of products which are solar PV, concentrated photovoltaic (CPV) as well as the concentrated solar power (CSP). It also contains the product analysis which is split into main types, namely single axis and dual axis. The solar tracker market is further analyzed based on the many applications which are utility and non-utility.
Another crucial part of the report focuses on the regional analysis which targets areas such as Europe with Spain, Italy, Germany and Greece; as well as Asia-Pacific with China, India and Japan; along with Latin America that has Brazil and Chile. The report also evaluates other beneficial factors such as leading players in this market. Some of the popular companies include Titan Tracker, All Earth Renewables, Abengoa Solar, Array technologies, DEGERenergie, Ecosun Ltd, Energia Ercam, Mecasolar, Mechatron, SmartTrak, and Soitec.
Additionally, the study evaluates key factors such as the threat of substitutes, threat of new entrants and the degree of competition in the concluding section. Thus, the report introspects critical factors such as the market attractiveness analysis, in terms of technology, and the company market share analysis to enable new investors to make higher revenues.
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