1. © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Solar Tracker Market size Forecast Analysis (2015-2023)

2. © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Research Report Insights…  Research Methodology  Executive Summary  Solar Tracker Industry Insights  Solar Tracker Technology Insights  Solar Tracker Product Insights  Solar Tracker Application Insights  Solar Tracker Regional Insights  Competitive Insights

3. © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com  Global solar tracker market size is set to register USD 7.54 billion by 2023.  Rising concerns pertaining to green house gas & CO2 emissions accompanied by favorable government policies to install PV cells as a medium for sustainable energy generation are expected key industry trend to positively influence demand.  Utility solar tracker market size was dominant with total installation of over 7.5 GW in 2015 and is estimated to grow at above 16.5% CAGR up to 2023.  Single axis tracking systems are widely preferred in utility applications and are mostly concentrated in the U.S., Germany and Spain.  Single axis solar tracker demand was the highest was worth close to USD 1.7 billion revenue in 2015. Single axis trackers are less expensive as compared to dual axis trackers and hence are widely employed in residential and commercial sector. Global Market Scenario of Solar Tracker Market.

4. © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com  Photovoltaic (PV) solar tracker accounted for more than 65% of the demand in 2015 and is projected to witness highest gains up to 2023.  The PV technology trackers do not require any additional lenses, mirrors or sterling energy to generate electricity, thereby making them suitable for use in non-utility applications.  Government incentives to support renewable energy have driven demand in residential and commercial sector.  Feed in Tariff (FIT) scheme initiated in April 2010 under which electricity supplier, mainly in residential constructions, will give payments for each kW generated which is known as generation-tariff.  However, High initial investment cost and installation charges may restrain the market growth. Continue.....

5. © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com India Solar Tracker Market Size, By Product, 2013-2023 (USD Million)

6. © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Application Analysis With respect to technology, PV solar tracker market size was estimated at 5,946.2 MW in 2015. High PV cell compatibility with standard photovoltaic module technologies owing to simple design has been a key factor for demand evolution. Regional Analysis U.S. solar tracker market size should reach 3,229.8 MW installed capacity by 2023. APAC, MEA and Latin America are relatively under developed regional markets and should offer significant potential for industry participants. Competitive Market Share With a number of regional participants with domestic presence, the global solar tracker market share is moderately fragmented, with just over 40% commanded by the top four players. 360° Analysis

7. © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Latest Research Report On Aerial Imaging Market@ https://www.gminsights.com/industry-analysis/solar-tracker-market https://www.gminsights.com/industry-analysis/solar-tracker-market Download Latest Report PDF @ https://www.gminsights.com/request-sample/detail/364

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