Solar Tracker (Single Axis and Dual Axis) Market

Transparency Market
Research
Solar Tracker (Single Axis and Dual Axis) Market for
Solar PV, CPV, CSP Technology in Utility and Non
Utility Applications - Industry Analysis, Size, Share,
Growth, Trends and Forecast, 2012 - 2019
Published Date
30-Apri-2014
67 Page Report
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Press Release
MEA Solar Tracker Market to Register Remarkable 31.9%
CAGR by 2019 owing to Increased Demand for Energy
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Solar Tracker Market
REPORT DESCRIPTION
Solar Tracker Market - Middle East and Africa (MEA) Industry Analysis, Size, Share, Growth, Trends
and Forecast, 2012 - 2019
The growing use of renewable sources of energy as a means of generating power is one of the primary
reasons behind the growth of the solar tracker market in the Middle East and Africa (MEA), states
Transparency Market Research in its report, titled “Solar Tracker - Middle East and Africa (MEA) Industry
Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2019”.According to the report, the MEA solar
tracker market is forecast to grow from US$58.7 million in 2012 to a whopping US$308.7 million by 2019,
registering an impressive CAGR of 31.9% from 2013 to 2019.The MEA solar tracker market is driven by a
surge in demand for energy, fluctuating prices of fuel oil, demand for high-efficiency solar cells, and favorable
government feed-in-tariffs, energy programs, and incentive schemes. On the flip side, harsh weather
conditions in some regions and capital-intensity of the technology have worked against the solar tracker market
in MEA.The research report segments the overall solar tracker market in MEA on the basis of four parameters:
Product, application, technology, and geography. Insights into each of these segments, along with market size
and forecasts, have been provided in the report.
Browse the full Solar Tracker (Single Axis and Dual Axis) Market for Solar PV, CPV, CSP Technology in
Utility and Non Utility Applications - Middle East and Africa (MEA) Industry Analysis, Size, Share,
Growth, Trends and Forecast, 2012 - 2019 report at http://www.transparencymarketresearch.com/measolar-tracker-market.html
On the basis of product, the solar tracker market in MEA is bifurcated into single axis solar trackers and dual
axis solar trackers. Lower cost and simplicity have not only allowed single axis solar trackers to sustain
themselves as the dominating product segment all these years, but market analysts predict that this segment
will continue its leading streak through 2019. High maintenance cost of dual axis solar trackers has restricted
its demand. Solar trackers have two main applications: utility and non-utility, of which the utility segment holds
the largest share. By technology, the MEA solar tracker market is divided into solar photovoltaics (PV),
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concentrated photovoltaics (CVP), and concentrating solar power (CSP). While solar PV dominated the overall
solar tracker market in 2012, CSP is likely to overtake this segment by the end of 2019.
The MEA solar tracker market covers three chief countries – the UAE, Saudi Arabia, and South Africa.
Accounting for a share of over 80% of the MEA solar tracker market, the UAE was the largest revenue
generator in 2012. South Africa has been identified as a lucrative market for solar trackers, given the
unrealized potential the country possesses in terms of renewable energy sources. However, the growth in this
region might be restricted due to lack of research and development activities and adequate investments.Saudi
Arabia, though still an emerging market, is expected to pick up pace over the next few years thanks to several
renewable programs from the government. Increasing competition across the value chain has resulted in the
declining cost of solar PV. This, backed by growing popularity of solar trackers across the MEA, is anticipated
to fuel demand by 2019.Soitec SA, Amonix Inc., Mecasolar, BrightSource Energy Inc., SunEdison, SunPower
Corporation, First Solar, and Yingli Solar are some of the prominent players competing for the top spot in the
MEA solar tracker market.
Download the Free Exclusive report Sample :http://bit.ly/2inZsoX
MEA Solar Tracker Market: Application Analysis
-Utility
-Non-utility
MEA Solar Tracker Market: Product Segment Analysis
-Single Axis
-Dual Axis
MEA Solar Tracker Market: Technology Analysis
-Solar PV
-CPV
-CSP
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TABLE OF CONTENT
Chapter 1 Preface
1.1 Report description
1.2 Market segmentation
1.3 Research scope
1.4 Research methodology
Chapter 2 Executive Summary
Chapter 3 MEA Solar Tracker - Industry Analysis
3.1 Introduction
3.2 Value chain analysis
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3.3 Market Drivers
3.3.1 Rising energy demand supplemented by fluctuating fuel oil prices
3.3.2 Tracking systems boosting efficiency of solar cells
3.3.3 Government incentive schemes and Feed-in-tariffs (FIT)
3.4 Porter’s Five Forces Analysis
3.4.1 Bargaining power of suppliers
3.4.2 Bargaining power of buyers
3.4.3 Threat of substitutes
3.4.4 Threat of new entrants
3.4.5 Degree of competition
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3.5 Restraints
3.5.1 Capital Intensive Technology & Harsh Weather
3.6 Opportunities
3.6.1 Various energy programs
3.7 MEA Solar tracker: Market attractiveness analysis, by technology, 2012
Chapter 4 MEA Solar Tracker Market – Technology Analysis
4.1 MEA Solar Tracker Market: Technology Overview
4.1.1 Middle East solar trackers market, annual installation share, by technology, 2012 and 2019
4.2 Solar Photovoltaic (Solar PV)
4.2.1 MEA solar PV annual installations, 2012– 2019 (MW)
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4.3 Concentrated Photovoltaic (CPV)
4.3.1 MEA concentrated photovoltaic (CPV) trackers annual installations, 2012– 2019 (MW)
4.4 Concentrated Solar Power (CSP)
4.4.1 MEA concentrated solar power (CSP) trackers annual installation, 2012– 2019 (MW)
Chapter 5 MEA Solar Tracker Market – Product Segment Analysis
5.1 MEA Solar Tracker Market: Product Segment Overview
5.1.1 MEA solar tracker market, annual installation share, by product, 2012 and 2019
5.2 Single Axis
5.2.1 MEA single axis tracker market estimates and forecast, 2012– 2019 (MW)
5.3 Dual Axis
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5.3.1 MEA dual axis tracker market estimates and forecast, 2012– 2019 (MW)
Chapter 6 MEA Solar Tracker Market – Application Analysis
6.1 MEA Solar Tracker Market: Application Overview
6.1.1 MEA solar trackers market, annual installation share, by application, 2012 and 2019
6.2 Utility Application
6.2.1 MEA utility application trackers annual installations, 2012– 2019 (MW)
6.3 Non-utility Application
6.3.1 MEA non-utility application trackers annual installations, 2012– 2019 (MW)
Chapter 7 MEA Solar Tracker Market – Regional Analysis
7.1 MEA Solar Tracker Market: Regional overview
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7.1.1 MEA solar tracker annual installation, by region, 2012& 2019
7.2 South Africa
7.2.1 South Africa solar tracker annual installed capacity, by technology, 2012 - 2019, (MW)
7.2.2 South Africa solar tracker market, by product, 2012 – 2019 (MW)
7.2.3 South Africa solar tracker market, by product, 2012 – 2019 (USD Million)
7.2.4 South Africa solar tracker annual installed capacity, by application, 2012 - 2019, (MW)
7.3 Saudi Arabia
7.3.1 Saudi Arabia solar tracker annual installed capacity, by technology, 2012 - 2019, (MW)
7.3.2 Saudi Arabia solar tracker annual installed capacity, by product, 2012 – 2019 (MW)
7.3.3 Saudi Arabia solar tracker market, by product, 2012 – 2019 (USD Million)
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7.3.4 Saudi Arabia solar tracker annual installed capacity, by application, 2012 - 2019, (MW)
7.4 UAE
7.4.1 UAE solar tracker annual installed capacity, by technology, 2012 - 2019, (MW)
7.4.2 UAE solar tracker annual installed capacity, by product, 2012 – 2019 (MW)
7.4.3 UAE solar tracker market, by product, 2012 – 2019 (USD Million)
7.4.4 UAE solar tracker annual installed capacity, by application, 2012 - 2019, (MW)
Chapter 8 Company Profiles
8.1 SunPower Corporation
8.1.1 Company Overview
8.1.2 Financial Overview
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8.1.3 Product Portfolio
8.1.4 Business Strategy
8.1.5 SWOT Analysis
8.1.6 Recent Developments
8.2 SunEdison
8.2.1 Company Overview
8.2.2 Financial Overview
8.2.3 Product Portfolio
8.2.4 Business Strategy
8.2.5 SWOT Analysis
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8.3 Soitec SA
8.3.1 Company overview
8.3.2 Financial Overview
8.3.3 Business strategy
8.3.4 SWOT analysis
8.3.5 Recent Developments
8.4 First Solar
8.4.1 Company Overview
8.4.2 Financial Overview
8.4.3 Business Strategy
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8.4.4 SWOT Analysis
8.4.5 Recent Developments
8.5 Yingli Solar
8.5.1 Company Overview
8.5.2 Financial Overview
8.5.3 Product Portfolio
8.5.4 Business Strategy
8.5.5 SWOT Analysis
8.6 Amonix Inc.
8.6.1 Company Overview
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8.6.2 Product Portfolio
8.6.3 Business Strategy
8.6.4 SWOT Analysis
8.7 BrightSource Energy Inc.
8.7.1 Company Overview
8.7.2 Business Strategy
8.7.3 SWOT Analysis
8.7.4 Recent Developments
8.8 Mecasolar
8.8.1 Company Overview
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8.8.2 Product Portfolio
8.8.3 Business Strategy
8.8.4 SWOT Analysis
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