The global solar automatic tracking system market is expected to grow at a CAGR of 7.5% during the forecast period, from 2021 to 2030. The growth of this market is attributed to the increasing demand for renewable energy sources and the need for efficient power generation systems. The increasing demand for renewable energy sources has led to an increase in investments in solar power plants, which has increased the demand for solar automatic tracking systems. In addition, there are various government initiatives that have been taken up by countries such as China and India, which have led to an increase in investments in renewable energy sources such as solar power plants and wind farms. This has also increased the demand for solar automatic tracking systems across these regions. The global single axis solar automatic tracking system market is expected to grow at a CAGR of 8% during the forecast period, from 2021-2030. Single axis trackers are more cost-effective than dual axis trackers because they require less space and can be installed on rooftops or ground level without any additional support structures or foundations being required; hence they are more popular among end users who want a cost-effective solution with minimal installation requirements.
Some Of The Growth Factors Of This Market:
- The increasing demand for renewable energy sources is driving the growth of the solar automatic tracking system market.
- The increasing awareness about the benefits of solar power is also driving the growth of this market.
- The rising number of government initiatives to promote renewable energy sources is also a factor that will drive this market in future years.
- The decreasing cost of solar panels and other components used in these systems will also drive this market in future years as it will make them more affordable for consumers and businesses alike, which will lead to increased adoption rates across all sectors including residential, commercial, and industrial applications among others.
- Increasing investments by governments and private companies into research and development activities related to these systems are expected to fuel their growth over the forecast period.
Industry Growth Insights published a new data on “Solar Automatic Tracking System Market”. The research report is titled “Solar Automatic Tracking System Market research by Types (Single Axis Solar Automatic Tracking System, Dual Axis Solar Automatic Tracking System), By Applications (Auotomotive, Aerospace, Others), By Players/Companies Abengoa Solar, AllEarth Renewables, Array Technologies, DEGERenergie, SunPower, Grupo Clavijo, Titan Tracker, SmartTrak Solar, Ercam, Mecasolar”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Solar Automatic Tracking System Market Research Report
By Type
Single Axis Solar Automatic Tracking System, Dual Axis Solar Automatic Tracking System
By Application
Auotomotive, Aerospace, Others
By Companies
Abengoa Solar, AllEarth Renewables, Array Technologies, DEGERenergie, SunPower, Grupo Clavijo, Titan Tracker, SmartTrak Solar, Ercam, Mecasolar
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Solar Automatic Tracking System Market Report Segments:
The global Solar Automatic Tracking System market is segmented on the basis of:
Types
Single Axis Solar Automatic Tracking System, Dual Axis Solar Automatic Tracking System
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Auotomotive, Aerospace, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Abengoa Solar
- AllEarth Renewables
- Array Technologies
- DEGERenergie
- SunPower
- Grupo Clavijo
- Titan Tracker
- SmartTrak Solar
- Ercam
- Mecasolar
Highlights of The Solar Automatic Tracking System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Axis Solar Automatic Tracking System
- Dual Axis Solar Automatic Tracking System
- By Application:
- Auotomotive
- Aerospace
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Solar Automatic Tracking System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A solar automatic tracking system (SATS) is a type of weather station that uses solar energy to track the movement of the sun and sky. The data collected by a SAT can be used to improve weather forecasting, climate research, and agricultural production.
Some of the major players in the solar automatic tracking system market are Abengoa Solar, AllEarth Renewables, Array Technologies, DEGERenergie, SunPower, Grupo Clavijo, Titan Tracker, SmartTrak Solar, Ercam, Mecasolar.
The solar automatic tracking system market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Solar Automatic Tracking System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Solar Automatic Tracking System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Solar Automatic Tracking System Market - Supply Chain
4.5. Global Solar Automatic Tracking System Market Forecast
4.5.1. Solar Automatic Tracking System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Solar Automatic Tracking System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Solar Automatic Tracking System Market Absolute $ Opportunity
5. Global Solar Automatic Tracking System Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Solar Automatic Tracking System Market Size and Volume Forecast by Type
5.3.1. Single Axis Solar Automatic Tracking System
5.3.2. Dual Axis Solar Automatic Tracking System
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Solar Automatic Tracking System Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Solar Automatic Tracking System Market Size and Volume Forecast by Application
6.3.1. Auotomotive
6.3.2. Aerospace
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Solar Automatic Tracking System Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Solar Automatic Tracking System Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Solar Automatic Tracking System Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Solar Automatic Tracking System Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Solar Automatic Tracking System Demand Share Forecast, 2019-2026
9. North America Solar Automatic Tracking System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Solar Automatic Tracking System Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Solar Automatic Tracking System Market Size and Volume Forecast by Application
9.4.1. Auotomotive
9.4.2. Aerospace
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Solar Automatic Tracking System Market Size and Volume Forecast by Type
9.7.1. Single Axis Solar Automatic Tracking System
9.7.2. Dual Axis Solar Automatic Tracking System
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Solar Automatic Tracking System Demand Share Forecast, 2019-2026
10. Latin America Solar Automatic Tracking System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Solar Automatic Tracking System Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Solar Automatic Tracking System Market Size and Volume Forecast by Application
10.4.1. Auotomotive
10.4.2. Aerospace
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Solar Automatic Tracking System Market Size and Volume Forecast by Type
10.7.1. Single Axis Solar Automatic Tracking System
10.7.2. Dual Axis Solar Automatic Tracking System
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Solar Automatic Tracking System Demand Share Forecast, 2019-2026
11. Europe Solar Automatic Tracking System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Solar Automatic Tracking System Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Solar Automatic Tracking System Market Size and Volume Forecast by Application
11.4.1. Auotomotive
11.4.2. Aerospace
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Solar Automatic Tracking System Market Size and Volume Forecast by Type
11.7.1. Single Axis Solar Automatic Tracking System
11.7.2. Dual Axis Soar Automatic Tracking System
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Solar Automatic Tracking System Demand Share, 2019-2026
12. Asia Pacific Solar Automatic Tracking System Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Solar Automatic Tracking System Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Solar Automatic Tracking System Market Size and Volume Forecast by Application
12.4.1. Auotomotive
12.4.2. Aerospace
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Solar Automatic Tracking System Market Size and Volume Forecast by Type
12.7.1. Single Axis Solar Automatic Tracking System
12.7.2. Dual Axis Solar Automatic Tracking System
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Solar Automatic Tracking System Demand Share, 2019-2026
13. Middle East & Africa Solar Automatic Tracking System Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Solar Automatic Tracking System Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Solar Automatic Tracking System Market Size and Volume Forecast by Application
13.4.1. Auotomotive
13.4.2. Aerospace
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Solar Automatic Tracking System Market Size and Volume Forecast by Type
13.7.1. Single Axis Solar Automatic Tracking System
13.7.2. Dual Axis Solar Automatic Tracking System
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Solar Automatic Tracking System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Solar Automatic Tracking System Market: Market Share Analysis
14.2. Solar Automatic Tracking System Distributors and Customers
14.3. Solar Automatic Tracking System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Abengoa Solar
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. AllEarth Renewables
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Array Technologies
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. DEGERenergie
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SunPower
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Grupo Clavijo
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Titan Tracker
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SmartTrak Solar
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Ercam
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Mecasolar
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook