PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1294712
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1294712
According to SPER Market Research, 'Solar Tracker Market Size- By Technology, By Type, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Solar Tracker Market is predicted to reach USD 58.18 billion by 2033 with a CAGR of 26.43%.
The COVID-19 pandemic has had a significant impact on the global solar tracker market. One significant effect has been the disruption of global supply chains. Transportation and manufacturing restrictions imposed to control the virus's spread have resulted in delays and shortages of critical components required for solar tracker production. This has slowed the manufacturing process and reduced the market availability of solar trackers. Projects have also been delayed or cancelled as a result of the pandemic.