Europe Dual Axis Solar Tracker Market Growth, Size, Trends Analysis - By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034

Description

Europe Dual Axis Solar Tracker Market Introduction and Overview

According to SPER market research, 'Europe Dual Axis Solar Tracker Market Size- By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Europe Dual Axis Solar Tracker Market is predicted to reach 3.24 billion by 2034 with a CAGR of 9.73%.

A dual-axis solar tracker is a system used in solar energy installations to align solar panels or mirrors along two axes for maximum sunlight absorption. This tracker adjusts horizontally and vertically to face the sun's position throughout the day, maximising energy capture. Solar trackers, which track the sun's movement on two axes, can greatly boost the energy output of solar photovoltaic (PV) or concentrated solar power (CSP) systems as compared to fixed-tilt or single-axis tracking systems.

Restraints: The high initial cost of installation and maintenance is one of the key obstacles facing the dual-axis solar tracker business. Dual-axis trackers are more costly to buy initially than single-axis and fixed-tilt trackers because they need more complex parts such motors, sensors, and control systems. Ongoing maintenance costs increase with increased mechanical action, causing it to degrade over time.

cope of the report:

Report Metric Details

Market size available for years 2021-2034

Base year considered 2024

Forecast period 2025-2034

Segments covered By Application

Regions covered France, Germany, Italy, Spain, United Kingdom, Rest of Europe

Companies Covered Arctech Solar, Array Technologies, Inc, DEGERENERGIE GMBH & CO. KG, Mechatron Solar, PARU, PV Hardware, SOLTEC, STI Norland, Targay, Trina Solar.

Europe Dual Axis Solar Tracker Market Segmentation:

By Application: Based on the Application, Europe Dual Axis Solar Tracker Market is segmented as; Residential, Commercial & Industrial, Utility.

By Region: This research also includes data for France, Germany, Italy, Spain, United Kingdom, Rest of Europe.

Product Code: POAE2546

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER's internal database
- 2.1.4. Premium insight from KOL's
2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges

5. Market variable and outlook

5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
5.3. PORTER's Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Europe Dual Axis Solar Tracker Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Dual Axis Solar Tracker Market

7. Europe Dual Axis Solar Tracker Market, By Application (USD Million) 2021-2034

7.1. Residential
7.2. Commercial & Industrial
7.3. Utility

8. Europe Dual Axis Solar Tracker Market, (USD Million) 2021-2034

8.1. Europe Dual Axis Solar Tracker Market Size and Market Share

9. Europe Dual Axis Solar Tracker Market, By Region, (USD Million) 2021-2034

9.1. France
9.2. Germany
9.3. Italy
9.4. Spain
9.5. United Kingdom
9.6. Rest of Europe

10. Company Profile

10.1. Arctech Solar
- 10.1.1. Company details
- 10.1.2. Financial outlook
- 10.1.3. Product summary
- 10.1.4. Recent developments
10.2. Array Technologies, Inc
- 10.2.1. Company details
- 10.2.2. Financial outlook
- 10.2.3. Product summary
- 10.2.4. Recent developments
10.3. DEGERENERGIE GMBH & CO. KG
- 10.3.1. Company details
- 10.3.2. Financial outlook
- 10.3.3. Product summary
- 10.3.4. Recent developments
10.4. Mechatron Solar
- 10.4.1. Company details
- 10.4.2. Financial outlook
- 10.4.3. Product summary
- 10.4.4. Recent developments
10.5. PARU
- 10.5.1. Company details
- 10.5.2. Financial outlook
- 10.5.3. Product summary
- 10.5.4. Recent developments
10.6. PV Hardware
- 10.6.1. Company details
- 10.6.2. Financial outlook
- 10.6.3. Product summary
- 10.6.4. Recent developments
10.7. SOLTEC
- 10.7.1. Company details
- 10.7.2. Financial outlook
- 10.7.3. Product summary
- 10.7.4. Recent developments
10.8. STI Norland
- 10.8.1. Company details
- 10.8.2. Financial outlook
- 10.8.3. Product summary
- 10.8.4. Recent developments
10.9. Targay
- 10.9.1. Company details
- 10.9.2. Financial outlook
- 10.9.3. Product summary
- 10.9.4. Recent developments
10.10. Trina Solar
- 10.10.1. Company details
- 10.10.2. Financial outlook
- 10.10.3. Product summary
- 10.10.4. Recent developments
10.11. Others