Solar Tracker

Solar Tracker Market: Global Opportunity and Trend Analysis, 2021-2031 [Upcoming Report]

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  • Published
    July 2021

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Example Insights

  • In the coming years, the market is anticipated to grow at a significant pace, driven by the rising electricity demand and regional government’s efforts to reduce the carbon footprint and adopt green energy solutions. However, the high initial investment is likely to hinder the market growth. 
  • Since 2018, several partnerships have been inked between industry stakeholders, and several new product launches were announced as well. For instance, in April 2021, Energix partnered with RPCS for installing solar trackers across three solar project sites of the former company. In addition, the firm intends to collaborate on two additional solar projects, for generating over 90MW energy.  Further, during the same month, OMCO solar partnered with Entegrity Energy Partners to provide solar trackers, which capable of generating 15MW power each, to Arkansas projects. 
  • Based on prevalent trends, the market size is likely to be significantly impacted by the active contributions of several big energy players that are involved in this domain.

Report Description

The “Solar Tracker Market: Global Opportunity and Trend Analysis, 2021-2031” report features an extensive study of the current market landscape of the stakeholders engaged in this emerging industry. 

This report provides an in-depth analysis of the players offering solar tracking solutions, highlighting some of the key strategies that they have adopted over the years. The study further includes informed insights related to the competitive market landscape, based on both qualitative and quantitative assessments of key market trends, growth drivers, constraints, and upcoming opportunity areas, within the solar tracker industry.

One of the key objectives of the report was to estimate the existing market size and future opportunity associated with the solar tracking solutions, over the next decade. Based on multiple parameters, such as the historical and anticipated growth of the solar energy market, historic and likely price of solar tracker devices, upcoming solar energy projects, and historic and estimated price of solar energy per unit, we have developed informed estimates on the evolution of this market, for the period 2021-2031.  

Scope of the Report

  • A detailed assessment of the market opportunity associated with solar tracker solutions, over the next decade, based on type of device (single axis and dual axis), type of technology (photovoltaic (PV) and concentrated solar power (CPV)), type of application (utility and non-utility) and key geographical regions (North America, Europe, Asia Pacific and rest of the world). 
  • An analysis of the competitive market landscape based on several relevant parameters, and featuring important details related to the players engaged in offering solar trackers or their associated solutions, such as their year of establishment, location of headquarters, company size (in terms of employee count) and list of key executives.
  • An insightful market assessment summary, highlighting the key strategic initiatives undertaken by players engaged in the solar tracker domain.
  • An analysis of the investments made at various stages of development, such as seed financing, venture capital financing, debt financing, grants / awards, capital raised from IPOs and subsequent offerings, in companies that are engaged in this field.
  • An analysis of the partnerships that have been established in the domain, over the past few years, based on several relevant parameters, such as year of deal, type of partnership, location of headquarters of partnering companies and most active players (in terms of number of partnership instances).
  • A detailed, qualitative assessment of the key growth drivers, restraints and emerging opportunity areas, associated with solar tracker market.
  • Detailed profiles of companies offering solar tracker solutions, featuring an overview of the company, information related to its financials (if available), key offerings, as well as some of the recent strategic initiatives undertaken by the firm in pursuit of organic growth.

Key Questions Answered

  • Who are the leading industry players in this market?
  • What are the different types of strategic initiatives undertaken by industry stakeholders, in pursuit of organic growth?
  • What is the trend of investments made into the companies engaged in this field?
  • What are the key growth strategies being adopted by players offering solar tracker solutions? 
  • What are the key drivers and restraints within the solar tracker market?
  • How is the current and future market opportunity likely to be distributed across key market segments?

Examples of key industry players featured in this report have been mentioned below (inexhaustive list):

  1. Abengoa Solar
  2. Array Technologies
  3. Cone Drive
  4. NEXTracker
  5. Scorpius Tracker
  6. Solar Steel
  8. STI Norland
  9. SunPower
  10. Trina Solar


Table Of Contents

1. Preface

2. Executive Summary

3. Market Overview

4. Market Sizing and Opportunity Analysis by Type of Device

5. Market Sizing and Opportunity Analysis by Type of Technology

6. Market Sizing and Opportunity Analysis by Type of Application

7. Market Sizing and Opportunity Analysis by Geography

8. Company Profiles

9. Competitive Landscape

10. Partnerships and Collaborations

11. Start-Up Funding Analysis

12. Executive Insights


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