DUBLIN, Oct. 21, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/kfqtbm/global_solar) has announced the addition of the "Global Solar Tracker Market 2015-2019" report to their offering.
Advancements in solar tracking technology are focusing on the efficient use of materials and, thereby, increasing reliability. For instance, the combination of highly advanced actuation systems for north-south solar tracking and rotary drives for east-west solar tracking is a recent technological accomplishment in the market. Use of technology increases the efficiency of the panel which ultimately boosts the overall output of the solar power plants.
According to the report, the use solar trackers improves the efficiency of solar power plants. A single-axis tracker increases the output of a solar power plant by a minimum of 30%-35% whereas dual-axis trackers increase it by an additional 6%. The single-axis tracker with horizontal axle is primarily used in tropical regions, where the sun is high at noon and days are short. The vertical axle is installed in high latitude regions where the days are long, and the sun doesn't get high. Improved efficiency of solar power plants will boost the market for solar trackers during the forecast period.
The analysts forecast the global solar tracker market to grow at a CAGR of 17.2% over the period 2014-2019.
- All Earth Solar
- First Solar
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Market segmentation by technology
PART 08: Market segmentation by product
PART 09: Geographical segmentation
PART 10: Key leading countries
PART 11: Market drivers
PART 12: Impact of drivers
PART 13: Market challenges
PART 14: Impact of drivers and challenges
PART 15: Market trends
PART 16: Vendor landscape
PART 17: Key vendor analysis
PART 18: Appendix
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SOURCE Research and Markets