Solar PV Tracker Market to Grow at a CAGR of 22.04% during the Period 2017-2021
Owing to the high cost of producing electricity using renewable electricity, there are increased investments to rapidly evolve the renewable technology. Benefts such as low carbon emissions from renewable sources and the competitive cost of producing electricity are further influencing the investments towards power generation using renewable energy. Publisher’s market research study identifies this rising investments towards renewable energy as one of the primary growth factors for the solar PV tracker market. Morever, governments across the globe are also offering incentives and grants to promote the usage of renewable energy and to encourage the adoption of solar power. This will further fuel the grwoth of the this solar tracking system market. Our market analysts estimate that this market will grow steadily at a CAGR of about 22.04% by 2021.
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Key vendors:
-Arctech
-Array Technologies
-Convert Italia
-First Solar
-NEXTracker
Other prominent vendors:
-Abengoa
-AllEarth Renewables
-Edisun Microgrids
-Exosun
-GameChange Solar
-Haosolar
-Mahindra Susten-
-Scorpius Trackers
-Solar FlexRack
-Soltec
-Sun Action Trackers
-SunLink
-SunPower
Inquire For Discount at http://www.reportsweb.com/inquiry&RW00011283245/discount
Market Driver:
-Declining cost of solar energy
-For a full, detailed list, view our report
Market Challenge:
-Competition from alternative sources of energy
-For a full, detailed list, view our report
Market Trend:
-Emergence of microgrid and green telecom
-For a full, detailed list, view our report
Complete Report is Available at http://www.reportsweb.com/global-solar-pv-tracker-market-2017-2021
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Posted by
Rajat Sahni
on Tuesday February 27 2018, 4:03 AM EDT.
All trademarks acknowledged.
Filed under Uncategorized.
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