New Visiongain Report: Dual-Axis Solar Tracker Market 2020 – 2030

07 November 2019
Energy

Dual-Axis Solar Tracker Market Report 2020-2030: Forecasts by Application (Utility, Non-Utility), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) and analysis of leading companies operating in this industry.

Dual-axis solar tracker allows two degrees of motion to solar photovoltaic modules to track wind effectively all day long. Our market analysis of the dual-axis solar tracker sees revenues produced from the implementation of the dual-axis solar tracker for non-use apps and utilities. Our assessment also looks at the revenues of the American, APAC, and EMEA dual-axis wind panel. The utility sector had a important market share in 2018, and it is anticipated that this pattern will proceed over the forecast period. In order to preserve its business situation, factors such as increasing reliance on a smooth and sustainable type of energy generation will perform an important part in the utility sector.

Overall, the renewable energy industry is increasing considerably as a result of competitive electricity generation prices, government subsidies and favourable laws. The capital cost of solar photovoltaics also decreased. This reduction in investment expenses encouraged the amount of solar photovoltaic facilities and led in 2019 to an increase of more than 25% year-over-year in terms of facilities. This pattern has been seen in several nations spending heavily in renewables, including solar photovoltaics.

New solar energy techniques such as CSP and CPV are being adopted by the renewable sector because they have elevated effectiveness in the manufacturing of electricity. This encourages an rise in investors across the globe in several fresh CSP and CPV initiatives. As it is widely used in CSP and CPV, the supply for dual pole wind trackers will boost. Increasing purchases will also have a beneficial effect on the general development of the industry.

It is anticipated that the presence of well-established businesses in North America, increasing R&D projects, strict rules for managing climate pollution, and increased financing, feed-in prices, and government grants will further boost the sun tracker industry over the prediction era.

Favourable public laws are anticipated to have a positive impact on market growth in most areas around the globe. In addition, growing numbers of government rewards are also expected to boost development, particularly to promote the significance and use of solar panels as it produces energy with the assistance of renewable sources.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100.

About Visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

Recent News

“Land Seismic Equipment & Acquisition market will see a capital expenditure (Capex) of $2,387.8mn in 2020 as the oil and gas market is constantly facing new challenges and opportunities”

he decision of US shale oil and gas producers to limit their production for 2020 and the in an effort to stabilize the oil price and increase their revenue, as well as the OPEC discussions for further production cuts are expected to play a critical role in the market and restrain the land seismic acquisition activity.

06 December 2019

Read

“Global Thermal Enhanced Oil Recovery (EOR) market report 2020-2030 worth $20,202 million in 2020” says Visiongain report

The demand of thermal enhanced oil recovery (EOR) market is expected to increase in the coming years owing to continuous work over oil fields, rapid depletion of fossil fuels, increasing long-term demand for oil are the prime factors propelling the demand of thermal enhanced oil recovery (EOR) market globally.

04 December 2019

Read

“Due to the shale revolution, the oil and gas industry is witnessing growth in the Americas”, says Visiongain

In the forecast period, backed by new government policies on exploration and production and stability of global crude oil prices, the offshore oil and gas industry is expected to gain traction.

02 December 2019

Read

“The amount of LNG bunkering ships meeting this market is growing as the global demand for LNG gas for maritime applications increases”, says Visiongain

The global shipping sector confronted IMO regulations in 2015 to significantly reduce vessel pollution of sulfur, first in North America and then in Northern Europe.

02 December 2019

Read

Kelloggs
3m
Thales
Shell
TEVA
Lockheed-Martin
Pfizer
Raytheon
Halliburton
Du-Pont
Honeywell
Daimler
BASF
Bayer
BP
BAE-Systems
Unilever