Dual Axis Array Solar Collectors Market Outlook 2020 - Market Analysis by Geography, Materials, Competitive Landscape, Key Company Information - Growth Trends and Forecasts
Dual Axis type of solar collectors has two degrees of freedom giving its axis of rotation. With the annual production estimated to reach 500GW by 2020, from 40 GW in 2013 making this market fastest growing one. It is a billion dollar market with China leading the market of producing Photo voltaic cells. Germany is one of the leading countries for installing Photovoltaic across the country has an installed capacity of 37 GW. It leads the pack with China, United States of America, Japan and Italy closely on its heels.
With fossil fuel prices fluctuating continuously and disasters like Fukushima and Chernobyl raising serious questions about nuclear power renewable sources of energy are the answer to the worlds growing need of power. Hydro Power has environmental concerns so apart from water the other renewable source of energy in abundance is Solar. The Earth receives 174 Petawatts of solar energy every year. It is the largest energy source on the Earth. Other resources like oil and gas, water, coal etc. require lot of effort and steps to produce electricity, solar energy farms can be established easily which can harness electricity and the electricity produced is simply given to the grid.
Key Deliverables of the Study
Market definition along with the identification of key drivers, restraints and opportunities
Market analysis, with region specific assessments and competition analysis on a global and regional scale
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale
Insights on the major countries/regions in which this industry is growing and to also identify the regions that are still untapped
Extensively researched competitive landscape section along with list of key companies and their market shares
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