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Global Solar Tracker Market 2014-2018: Key vendors dominating this space are ENERGIA ERCAM S.A, Mecasolar, and Mechatron S.A.
The analysts forecast the Global Solar Tracker market to grow at a CAGR of 15.8 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing CUF of solar power plants. The Global Solar Tracker market has also been witnessing the increasing investment in the market. However, the high maintenance cost could pose a challenge to the growth of this market.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Solar Tracker market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The rapid technological advancements are one of the major emerging trends in the Global Solar Tracker market. Many vendors are involved in technology development in order to provide better service to their customers and increase their competency in the market.
For instance, the recent technological achievement in the market is the integration of highly advanced actuation systems for north to south solar tracking and rotary drives for east to west solar tracking. The usage of such technology can help track the sun more efficiently, thereby increasing the overall output from the solar plants. This will result in the growth of the market during the forecast period.
According to the report, solar trackers can be used in existing and new solar power plants. These trackers need to be positioned perpendicular to the sun's rays to capture the maximum energy from the sun. Additionally, solar trackers reduce the cost of energy capture. Moreover, they help produce more power for a longer period of time than stationary arrays with the same number of solar panels. Further, the report states that the one of the major challenges in this market is the high maintenance cost of solar trackers. The solar trackers used in solar power plants require continuous monitoring and maintenance since their performance is subject to seasonal fluctuations.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
05. Introduction
06. Market Landscape
07. Market Segmentation by Technology
08. Market Segmentation by Product
09. Geographical Segmentation
10. Key Leading Countries
11. Buying Criteria
12. Market Growth Drivers
13. Drivers and their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Trends and their Impact
18. Vendor Landscape
19. Key Vendor Analysis
20. Other Reports in this Series
For more information visit http://www.researchandmarkets.com/research/fv9dc3/global_solar
Laura Wood , +353-1-481-1716, press@researchandmarkets.net