The Global PV Tracker Landscape 2016: Prices, Forecasts, Market Shares and Vendor Profiles
While solar tracking systems have been around for years and many companies have come and gone, never before has the global tracker market seen installations at this scale and such consistent growth. By the end of 2016, 23 percent of ground-mount PV systems globally will use trackers, with that number expected to grow to 49 percent by 2021. In 2021, annual tracker installations will value $4.9 billion.
Though the United States will remain the leading market for trackers through 2021, China and India will experience the most significant growth, given that trackers make up only six and seven percent, respectively, of ground mount installations in those countries in 2016. Falling costs and improving technology and investor sentiment will contribute to growth in these markets.
Global PV Tracker Vendor Taxonomy 2016
This report provides a comprehensive overview of the global PV tracker market. It details the market as it exists today, analyzes economic drivers for PV trackers, highlights new technologies and vendor service offerings, forecasts pricing and growth by region, and profiles and ranks leading tracker vendors.
Array Technologies | Convert Italia | Exosun | GameChange Solar | Grupo Clavijo | Ideamatec | NEXTracker | Optimum Tracker | Soltec | STi Norland | Sun Action Trackers | SunLink | Solar FlexRack