Global Solar Trackers Industry to be Driven by Increasing Demand for Green Energy Globally
QYReseachReports.com has recently added a new market research report to their comprehensive collection of research studies. The research report is an effort to study the growth factors and opportunities prevailing in the global solar trackers industry. The research report, titled “Global Solar Trackers Industry 2015 Market Research Report,” provides a detailed analysis of the industry based on certain criteria such as the industry overview, product segmentation, market drivers and restraints, challenges and opportunities, major geographies, and competitive landscape.
The research report has made use of various analytical tools such as Porter’s five forces analysis, value chain analysis, and SWOT analysis. Porter’s five forces analysis helps in determining the competitive rivalry among key players of the industry along with threats from substitutes and new players and power of buyers and suppliers. A value chain analysis helps in identifying the untapped opportunities within the industry. In the SWOT analysis, the strengths, weakness, opportunities, and threats are discussed to attain a clear picture of the global solar trackers industry.
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The global warming effects on our planet have tremendously increased the demand for green energy that is produced by renewable sources such as solar power. As a result, the need for solar tracking has increased in recent years as it is a solution for sustainable power generation. Solar tracking systems represent the latest technology used for orienting a solar panel or concentrating a solar reflector towards the sun. The solar tracking devices require a high degree of accuracy to ensure that the concentrated sunlight is directed towards the tracking devices.
The primary advantage of using a solar tracking system is to accumulate solar energy for the longest period of the day, along with the most accurate alignment. Moreover, the higher the level of concentration employed in this mechanism, the more accurate tracking becomes, as the proportion of energy that is derived from direct sun radiation is much higher, and the area where that concentrated energy is being focused becomes comparatively smaller.
Furthermore, the report analyzes the product segmentation of the global solar tracking devices industry based on its revenue, consumption, and market share. Major geographies such as the U.S., the European Union, Japan, China, and other regions have also been discussed in the report. The regions have been analyzed on the basis of capacity, production, price, cost, gross, and revenue.
The last section of the research report covers a vendor analysis of the global solar trackers market based on key parameters such as company profile, product pictures, product specifications, financial overview, strategies, and contact information. Some of the prominent players operating in the global solar trackers industry are Mechatron, First Solar, PAIRAN GmbH, SunPower, Abengoa Solar, Ecosun, PV Powerway, Ideematech Deutschland, a+f GmbH, Mecasolar, Frontier Technology, DEGERenergie, OPEL Solar, Grupo Clavijo, and AllEarth Renewables.
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