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Solar trackers are the devices used to orient photovoltaic panels toward the sun to harness more sunlight. They enable solar modules to remain in the best position to accumulate maximum energy from the sun. These trackers are installed in residential, commercial and utility scale solar projects. Solar tracker comprises of numerous components and parts including sun tracking algorithm, control unit, positioning system, drive mechanism system, sensing devices, wind guard, tubes, and rods.
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This research study analyzes the market size of solar trackers, both in terms of volume (annual installation capacity) and revenue. The solar tracker market has been segmented on the basis of technology, product, application, and geography, in order to provide a holistic picture of the market. Market data for all segments has been provided on a regional level for the period 2010 to 2020. A comprehensive competitive landscape of key companies has also been provided in this report.