Global Solar PV Tracker Market 2020-2024

Global Solar PV Tracker Market 2020-2024
Technavio has been monitoring the global solar pv tracker market and it is poised to grow by USD 102.11 GW during 2020-2024, progressing at a CAGR of 39% during the forecast period. Our reports on global solar pv tracker market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by declining cost of solar energy. In addition, rise in investments in renewable energy is anticipated to boost the growth of the global solar pv tracker market as well.

Market Segmentation
Technavio’s global solar pv tracker market is segmented as below:

Technology
Solar PV, CSP
Product
Single-Axis Trackers
Dual-Axis Trackers
Geographic segmentation
North America
APAC
Europe
South America
MEA
Key Trends for global solar pv tracker market growth
This study identifies rise in investments in renewable energy as the prime reasons driving the global solar pv tracker market growth during the next few years.

Prominent vendors in global solar pv tracker market
We provide a detailed analysis of around 25 vendors operating in the global solar pv tracker market, including some of the vendors such as Arctech Solar Holding Co. Ltd., Array Technologies Inc., Convert Italia SpA., First Solar Inc., Heliogen Inc., IDEEMATEC Deutschland GmbH, Mahindra Susten Pvt. Ltd., NEXTracker Inc., Soltec Energias Renovables S.L. and SunPower Corp. .

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

About Technavio
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
    • Market characteristics
      • Table Market characteristics
  • Market Sizing
    • Market definition
      • Solar PV system
      • Concentrated solar power (CSP)
        • Table Product / Service portfolio of key vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 (GW)
      • Table Global market: Year-over-year growth 2019 - 2024 (%)
      • Table Utility-scale solar net electricity generation in the US 2012-2018 (thousand MWh)
  • Five Forces Analysis
    • Five Forces Summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Product
    • Market segments
      • Table Product placement - Market share 2019-2024 (%)
    • Comparison by Product placement
      • Table Comparison by Product placement
    • Single-axis trackers - Market size and forecast 2019-2024
      • Table Single-axis trackers - Market size and forecast 2019-2024 (GW)
      • Table Single-axis trackers - Year-over-year growth 2019-2024 (%)
    • Dual-axis trackers - Market size and forecast 2019-2024
      • Table Dual-axis trackers - Market size and forecast 2019-2024 (GW)
      • Table Dual-axis trackers - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Product
      • Table Market opportunity by Product
  • Market Segmentation by Technology
    • Market segments
      • Table Technology placement - Market share 2019-2024 (%)
    • Comparison by Technology placement
      • Table Comparison by Technology placement
    • Solar PV - Market size and forecast 2019-2024
      • Table Solar PV - Market size and forecast 2019-2024 (GW)
      • Table Solar PV - Year-over-year growth 2019-2024 (%)
    • CSP - Market size and forecast 2019-2024
      • Table CSP - Market size and forecast 2019-2024 (GW)
      • Table CSP - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Technology
      • Table Market opportunity by Technology
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 (GW)
      • Table North America - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 (GW)
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 (GW)
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 (GW)
      • Table South America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 (GW)
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography (GW)
  • Drivers, Challenges, and Trends
    • Volume driver - Demand led growth
      • Rise in investments in renewable energy
    • Volume driver - External factors
      • Increasing government support
    • Price driver - Inflation
      • Declining cost of solar energy
    • Market challenges
      • Intermittency in solar power generation
        • Table Intermittency and its impact on power systems
      • Competition from alternative sources of energy
      • High water requirement for CSP projects
        • Table Impact of drivers and challenges
    • Market trends
      • Increasing conversion efficiency of solar PVs
      • Emergence of smart cities
      • Slowdown in coal power investment
  • Vendor Landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
    • Competitive landscape
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Arctech Solar Holding Co. Ltd.
      • Table Arctech Solar Holding Co. Ltd. –Overview
      • Table Arctech Solar Holding Co. Ltd. - Product and service
      • Table Arctech Solar Holding Co. Ltd. –Organizational development
      • Table Arctech Solar Holding Co. Ltd. - Key offerings
    • Array Technologies Inc.
      • Table Array Technologies Inc. –Overview
      • Table Array Technologies Inc. - Product and service
      • Table Array Technologies Inc. –Organizational development
      • Table Array Technologies Inc. - Key offerings
    • Convert Italia SpA.
      • Table Convert Italia SpA. –Overview
      • Table Convert Italia SpA. - Product and service
      • Table Convert Italia SpA. –Organizational development
      • Table Convert Italia SpA. - Key offerings
    • First Solar Inc.
      • Table First Solar Inc. –Overview
      • Table First Solar Inc. - Business segments
      • Table First Solar Inc. –organizational development
      • Table First Solar Inc. - Key offerings
      • Table First Solar Inc. - Segment focus
    • Heliogen Inc.
      • Table Heliogen Inc. –Overview
      • Table Heliogen Inc. - Product and service
      • Table Heliogen Inc. - Key offerings
    • IDEEMATEC Deutschland GmbH
      • Table IDEEMATEC Deutschland GmbH – Overview
      • Table IDEEMATEC Deutschland GmbH - Product and service
      • Table IDEEMATEC Deutschland GmbH – Organizational development
      • Table IDEEMATEC Deutschland GmbH - Key offerings
    • Mahindra Susten Pvt. Ltd.
      • Table Mahindra Susten Pvt. Ltd. –Overview
      • Table Mahindra Susten Pvt. Ltd. - Business segments
      • Table Mahindra Susten Pvt. Ltd. –Organizational development
      • Table Mahindra Susten Pvt. Ltd. - Key offerings
    • NEXTracker Inc.
      • Table NEXTracker Inc. –Overview
      • Table NEXTracker Inc. - Product and service
      • Table NEXTracker Inc. –Organizational development
      • Table NEXTracker Inc. - Key offerings
    • Soltec Energias Renovables S.L.
      • Table Soltec Energias Renovables S.L. –Overview
      • Table Soltec Energias Renovables S.L. - Product and service
      • Table Soltec Energias Renovables S.L. –Organizational development
      • Table Soltec Energias Renovables S.L. - Key offerings
    • SunPower Corp.
      • Table SunPower Corp. –Overview
      • Table SunPower Corp. - Business segments
      • Table SunPower Corp. –Organizational development
      • Table SunPower Corp. - Key offerings
      • Table SunPower Corp. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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