Solar Tracker Market Size, Share & Trends Analysis Report by and Segment Forecasts, 2023 – 2029

The demand for solar power increased at a healthy rate in Europe. Italy, U.K., Germany, and Spain have been the front runners in increasing solar penetration in the country’s overall power mix. This trend, along with ambitious green energy targets, poses enormous growth opportunities for the market in the region.
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The competitive landscape of this market depicts market dominance by major solar tracker manufacturers such as NEXTracker, PV Hardware, Array Technologies, and Soltec. NEXTracker has the maximum share in the global market, acquiring contracts from different countries in every region. A well-established supply chain, customer preference, and an established brand name have been the factors for the company's success.

LIST OF KEY COMPANIES PROFILED:
• NEXTracker (U.S.)
• Array Technologies (U.S.)
• Trina Solar (China)
• SunPower Corporation (U.S.)
• ArcelorMittal Projects (Luxemburg)
• Soltec (Spain)
• Convert Italia (Italy)
• PV Hardware (Spain)
• Arctech Solar (U.S.)
• Solar Steel (Spain)
• Ideematec (Germany)
• Scorpius Trackers (India)
• Sun Action Trackers (U.S.)

FREQUENTLY ASKED QUESTIONS

• How much is the solar tracker market worth in 2021?
• As per Fortune Business Insights, the global solar tracker market was valued at USD 6.05 billion in 2021.
• At what compound annual growth rate (CAGR) is the global solar tracker market projected to grow in the forecast period?
• How big is the North American solar tracker market size?
• Which type of segment is the leading across the globe?
• How much will the global market be worth by 2029?
• What are the key market drivers?
• Who are the top players actively operating across the market?

The research report presents a comprehensive industry assessment by offering valuable insights, facts, industry-related information, and historical data. Several methodologies and approaches are adopted to make meaningful assumptions and views to formulate the report. Furthermore, the report covers a detailed analysis of market segments, including applications and regions, helping our readers get a comprehensive overview of the global market.