Global Solar Tracker Market to Grow at a CAGR of 18% by 2023 - Key Players are Abengoa Solar, Array Technologies, First Solar, GrupoClavijo, Mechatron & NEXTracker - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Solar Tracker Market Insights, Opportunity, Analysis, Market Shares And Forecast 2017 - 2023" report to their offering.

The global solar tracker market is expected to grow with the CAGR of approximately 18.3% during the forecast period (2016-2023).

The factors that are supporting to drive the growth of the solar tracker market are increasing smart city projects, innovations in solar trackers, increasing awareness regarding renewable energy sources and reducing cost of solar energy. According to Eurostat, the gross electricity generation from renewables in 2015 grew by 4.0 % as compared to 2014. In 2015, the renewable electricity generation held to 29 % of overall gross electricity generation.

Solar power electricity generation has grown rapidly in the recent years. In 2015, it has accounted for 12 % of total renewable electricity. The primary production of renewables in 2015 increased by 3.8 % as compared to 2014. Renewables generate over 20% of the UK's electricity and EU targets signify that it is expected to rise to 30% by 2020. Since 2020, renewable energy will remain to be a vital part of the strategy in order to decline carbon emissions.

Companies Mentioned

  • Arm Holdings
  • Cisco System
  • Cradle Point
  • Dell
  • Fog Horn System
  • Fujitsu
  • GE
  • Hitachi
  • IBM
  • Intel
  • Microsoft Corporation
  • Nebbiolo
  • Prismtech Corporation
  • Schneider
  • Toshiba

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Competitive Landscape

6. Geographical Analysis

7. Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/74bg47/global_solar

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
Related Topics: 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
Related Topics: Solar Power