Solar PV Tracker Market 2020-2024: Industry Analysis, Market Trends, Growth, Opportunities, and Forecast | Technavio
NEW YORK, Aug. 2, 2021 /PRNewswire/ --
The solar PV tracker market is poised to grow by 102.11 GigaWatts during 2020-2024, progressing at a CAGR of almost 39% during the forecast period.
Technavio reports offer customer landscape matrix and vendor landscape analysis that assists global businesses to obtain growth opportunities.
The solar PV tracker market report covers insights on major trends, key growth drivers, and challenges impacting the overall growth of the market. The report identifies the rise in investments in renewable energy as one of the major factors driving the growth of the market.
The Solar PV Tracker Market is segmented by technology (Solar PV, CSP), product (Single-axis trackers and Dual-axis trackers), and geographic landscape (APAC, Europe, MEA, North America, and South America). The declining cost of solar energy will be crucial in fueling the growth of the market over the forecast period.
This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The solar PV tracker market covers the following areas:
Solar PV Tracker Market Sizing
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Global Solar Panels Market- The solar panels market is segmented by end-user (power utilities, commercial, and residential), type (crystalline panel and thin-film panel), and geography (APAC, North America, Europe, South America, and MEA).
Global Battery Recycling Market- Th battery recycling market is segmented by battery chemistry (lead-acid, lithium, and others), battery source (automotive, electronic appliance, and others), and geography (APAC, Europe, MEA, North America, and South America).
Key Topics Covered:
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by Technology
Drivers, Challenges, and Trends
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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