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Dual Axis Solar Tracker Market Share

Report ID: GMI5915
Published Date: Jun 2023
Report Format: PDF

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Dual Axis Solar Tracker Market Share

Eminent players operating across the dual axis solar tracker market includes:

Solar CenTex
Array Technologies Inc
All Earth Renewables
Abengoa, Haosolar Co Ltd
DEGERENERGIE GMBH & CO KG
Sun Action Trackers
PARU
Targay
Suntactics
Stracker Incorporated,
Mechatron Solar

Manufacturers operating across the industry are focusing on augmenting their market presence through partnerships, strategic mergers, acquisitions, and collaborations along with rising product developments will bolster the market statistics.

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of dual axis solar tracker crossed valuation of USD 7.88 billion in 2023 and is anticipated to expand at a CAGR of 6.5% during 2024 to 2032, explains GMI report.

Utility sector is projected to witness 6% growth rate from 2023-2032 owing to rising public funding and new government initiatives to expand solar energy generation.

North America solar tracker industry size surpassed USD 315 million in 2022 and will expand further due to a rapid decline in the cost of renewable energy and solar tracker components and the expansion of non-hydropower energy sources.

Solar CenTex, Array Technologies, Inc., Haosolar Co. Ltd, All Earth Renewables, Abengoa, DEGERENERGIE GMBH & CO. KG, Sun Action Trackers, Suntactics, Stracker Incorporated, PARU, Targay, and Mechatron Solar.