A solar tracker refers to the device used for orienting a solar panel or solar reflector toward the sun to harness additional sunlight. Based on the design and tracking mechanism, some of the commonly used variants include active, passive, single-axis and dual-axis trackers. The trackers are attached to the solar panels to alter their position in sync with the sun irrespective of the weather conditions. This ensures that the solar modules are correctly positioned to gather maximum solar energy and to improve the overall efficiency of the solar panels.
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By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the rising shift towards renewable sources of energy in developing countries such as China and India. Moreover, China and Japan are the leading countries in the world in terms of using solar energy, thus promoting the regional market.
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Some of the key players profiled in the Solar Tracker Market include Arctech Solar, Array Technologies, Convert Italia, Exosun, Ideematec, NEXTracker, PV Hardware, Scorpius Trackers, Solar Steel, Soltec, STi Norland, Sun Action Trackers, and SunPower.
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