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Europe Dual Axis Solar Tracker Market Share

Report ID: GMI8816
Published Date: Apr 2024
Report Format: PDF

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Europe Dual Axis Solar Tracker Market Share

Europe Dual Axis Solar Tracker Company Market Share

Array Technologies, Inc., DEGERENERGIE GMBH & CO. KG, PARU, Targay, Mechatron Solar and PV Hardware holds majority of the industry share. Partnerships between solar tracker manufacturers and regulatory agencies or industry associations ensure compliance with evolving regulations and standards governing solar energy installations. In addition, these partnerships streamline project development processes, reduce implementation costs, and enhance overall project economics, making dual-axis solar trackers more attractive to customers and investors.

Europe Dual Axis Solar Tracker Market Companies

Major key players operating across the Europe dual axis solar tracker industry include:

Arctech Solar
Array Technologies, Inc.
DEGERENERGIE GMBH & CO. KG
Mechatron Solar
PARU
PV Hardware
SOLTEC
STI Norland
Targay
Trina Solar

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of Europe dual axis solar tracker was reached USD 1.17 billion in 2023 and is anticipated to expand at 9.5% CAGR till 2032, due to the growing requirement for energy resilience and grid stability in line with gaining traction of community solar and shared solar projects.

Europe dual axis solar tracker market from the utility application segment is projected to grow at over USD 2 billion by 2032, on the account of increasing large scale installations combined with their capability to optimize energy capture throughout the day.

Germany dual axis solar tracker industry is projected to exceed USD 2.5 billion by 2032, led by growing emphasis transiting to a low-carbon energy system along with increasing focus on expanding renewable energy capacity.

Leading dual axis solar tracker firms in Europe are Array Technologies, Inc., DEGERENERGIE GMBH & CO. KG, PARU, Targay, Mechatron Solar and PV Hardware