Research and Markets: Middle East & Africa Solar Tracker Market Forecasts and Opportunities, 2019

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/drswdk/middle_east_and) has announced the addition of the "Middle East & Africa Solar Tracker Market - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2019" report to their offering.

Tracking technology allows solar panels to track the movement of sun and enhance its output efficiency by 20% to 40% as compared to a fixed solar PV array. Flat-panel photovoltaic (PV), Concentrated Photovoltaic (CPV) and Concentrated Solar Thermal (CSP) are some of the key technologies in the solar tracker market.

Single axis and dual axis are two types of trackers installed worldwide. Single axis trackers have only one axis for rotation that could be horizontal, vertical, tilted or polar aligned moving from east to west over the course of a day. Dual axis trackers rotate in two axes, both east to west and vertically trapping maximum solar radiations. Single axis trackers are primarily used in solar PV systems due to their lower cost compared to dual axis trackers and high electricity output against fixed systems.

Europe has high DNI (Direct normal irradiance 5.5kWh/m2) due to which solar trackers are one of the preferred renewable technologies used for energy generation. Dual axis solar trackers applications are expected to increase in CSP and CPV plants. Single axis is preferred in utility scale projects due to low installation cost and high efficiency. Single axis tracker systems accounted for more than 85% market share in 2010, compared to dual axis solar trackers. Reduction of few FIT rates and incentive schemes hindered the non-utility market in North America. This was compensated with a provision of government stimulus for the development of large solar tracker installations in the U.S. and Canada. The shifting focus towards utility scale projects is likely to fuel the market. Increased and upcoming CSP installations wherein dual axis trackers are widely preferred are expected to bolster the dual axis trackers market over the forecast period.

The solar tracker market is fragmented in nature however; a few companies have sustained their brand equity over the past couple of years by their global presence. Haosolar was the largest manufacturer of solar tracker in 2010 and accounted for over 23% of the market share by annual installed capacity. Abengoa Solar and SunPower were the next largest companies followed by others including Mecasolar, Energia Ercam, First Solar (Ray tracker) among others. Qbotix is gaining popularity with their invention of robotic devices that assist in the maintenance of the solar trackers during operation.

Scope

MEA Solar Tracker Market: Application Analysis

  • Utility
  • Non-utility

MEA Solar Tracker Market: Product Segment Analysis

  • Single Axis
  • Dual Axis

MEA Solar Tracker Market: Application Analysis

  • Solar PV
  • CPV
  • CSP

Key Topics Covered:

Chapter 1 Preface

Chapter 2 Executive Summary

Chapter 3 Solar Trackers - Industry Analysis

Chapter 4 Solar Tracker Market - Technology Analysis

Chapter 5 Solar Tracker Market - Product Segment Analysis

Chapter 6 Global Solar Tracker Market - Regional Analysis

Chapter 7 Company Profiles

  • AllEarth Renewables Inc.
  • Amonix
  • Array Technologies Inc.
  • BrightSource Energy Inc.
  • DEGERenergie GmbH
  • Ecosun Ltd.
  • Energia Ercam
  • Frontier Technology Group Ltd.
  • Haosolar Co. Ltd.
  • Ideematech Deutschland GmbH
  • Mecasolar
  • Mechatron
  • Powerway Renewable Energy Co.
  • QBotix
  • SmartTrak Solar Systems Pvt. Ltd.
  • Soitec SA
  • Solar FlexRack
  • TechnoSunSolar GmbH
  • Titan Tracker Inc.
  • Van der Valk Solar Systems BV

For more information visit http://www.researchandmarkets.com/research/drswdk/middle_east_and

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Solar Power

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Solar Power