SAN FRANCISCO, July 27, 2015 /PRNewswire/ --
Global Solar Tracker Market size is expected to reach 25.86 GW by 2022, according to a new study by Grand View Research, Inc. Increasing focus on renewable energy coupled with growing demand for solar PV and CSP systems is expected to augment demand for trackers. In addition, rising awareness regarding energy conservation and transition from traditional to renewable sources is expected to be a key driver for solar trackers market.
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Browse full research report with TOC on "Solar Tracker Market Analysis By Technology (Solar PV, CPV, CSP), By Product (Single Axis, Dual Axis), By Application (Utility, Non-Utility) And Segment Forecasts To 2022" at: http://www.grandviewresearch.com/industry-analysis/solar-tracker-industry
Increasing cost of electricity owing to supply demand gap is expected to augment use of solar PV in commercial and residential establishments. Furthermore, favorable government initiatives are expected to have a positive impact on the market. North America and Europe are expected to witness high demand for solar trackers on account of encouraging regulatory scenario. Solar PV was the largest technology segment for the market with capacity over 2,500 MW in 2014.
Further key findings from the study suggest:
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/renewable-energy
For the purpose of this study, Grand View Research has segmented the Solar Tracker Market on the basis of technology, product, application and region:
Browse related reports by Grand View Research:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: http://www.grandviewresearch.com
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