About Single Axis solar tracker
Single-axis Solar trackers are a type of technology that moves a solar panel along an axis to track the sun's shifting position as the days and years go by. To get the shortest angle of incidence, the panel is modified. A single-axis solar tracking system uses a tilted PV panel mount and one electric motor to move the panel on an approximate trajectory relative to the Sun's position. With benefits like increased energy production, cost-effectiveness, and increased sustainability of single-axis Solar Tracker. Rising demand for single Axis solar tracker system growth of the market.
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Single Axis Solar Trackers market companies operating in these industries are focusing more on efficient growth, improvement of operational efficiency and productivity, and focusing on maintaining sustainable development. The key players are highly focused on developing and innovating new strategies to maintain their market position and customer base. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launches, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Soltec (United States), Ukrainian system Solar (Ukraine), Infinite ERCAM (India), NEXTracker, Inc. (United States), Array Technologies Inc (United States), Clean Power Engineering Ltd (Canada), Solar Flex Rack (United States), Haining Chuang yuan Solar Energy Technology Co. Ltd (China), Integra Global Co., Ltd. (South Korea) and Greener Energy India Pvt Ltd (India) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Game Change Solar LP. (United States) and AEE Solar (United States).
AMA Research has segmented the market of Global Single Axis solar tracker market by , Application (Solar Park, Industrial, Commercial, Solar Pumping System, Solar Residential and Solar Roof Tops) and Region.
On the basis of geography, the market of Single Axis solar tracker has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Brand Type , the sub-segment i.e. SR ROBOTICS will boost the Single Axis solar tracker market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Type of Plant , the sub-segment i.e. Grid Tie will boost the Single Axis solar tracker market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component , the sub-segment i.e. Arduino Uno will boost the Single Axis solar tracker market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Category of Single-Axis Tracker, the sub-segment i.e. Horizontal single-axis tracker will boost the Single Axis solar tracker market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Rising Demand for Renewable Energy.
Market Growth Drivers:
Companies Are Concentrating on Developing Advanced Technology-Based Products. and Rising Demand for Clean and Sustainable Energy,
Limited Technological Upgrade.
High cost and Lack of awareness
Used Of Smart Lighting System. and Home Automation Network Power Management and Prepaid Electricity Metering,
Market Leaders and their expansionary development strategies
In November 2021, array technologies acquire sit Norland for euro 570 million .us tracker provider array technologies has agreed to acquire Spanish competitor sti Norland for euro 570 million. Us company will pay Euro 351 million in cash and Euro 13.9 million in its own ordinary shares
In November 2020, soltec launched its new single-axis solar tracker called the sf8 tracker. Which has a minimum configuration of 2*60, maintenance costs, and increasing overall pv plant performance. This tracker has an elegant design and robust structure to facilitate installation and improved performance in any terrain. The new product is an improvement over the previous generation of Soltec trackers with a 22% increase in structural rigidity.
Key Target AudienceGovernment Agencies, Governmental Bodies, End User Industry, Manufactural of single-axis solar tracker, Supplier and distributors of single axis solar tracker and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.