2014-04-11 22:31:03 - Global Solar Tracker Market 2014-2018 - a new market research report on companiesandmarkets.com
The demand for renewable energy sources is aiding the growth of the global solar tracker market. The key leading countries in the global solar tracker market include Spain and the United States.
The growth of the global solar tracker market is due to increasing demand for renewable energy sources around the globe. Market growth is also dependent on the cost-effectiveness of the solar tracker industry, as well as technological advancements in the field. Moreover, many vendors are investing a huge amount of funds in R&D activities to develop better technology and increase the durability and reliability of solar trackers for use in high-capacity projects. More solar energy consumption as well as the benefits associated with solar trackers, and government support for
renewable energy projects like solar energy, all represent major factors propelling the growth of the market.
The global solar tracker market is forecast to grow at a CAGR of 15.8 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing CUF of solar power plants. The Global Solar Tracker market has also been witnessing the increasing investment in the market. However, the high maintenance cost could pose a challenge to the growth of this market.
The main vendors operating in the market include Abengoa Solar Inc., Array Technologies Inc., Amonix Inc., AllEarth Renewables, Bombard Electric, LLC, DEGERenergie GmbH, Frontier Technology Group Ltd, HelioPower Inc., Heliotrack LLC, Haosolar Co. Ltd, Lauritzen Inc., SmartTrak, Soitec SA, SolarTec USA, Solar FlexRack, Titan Tracker Inc., Trabant Solar, and Van der Valk Solar Systems BV.
Click for report details: www.companiesandmarkets.com/Market/Environmental/Market-Research ..
Browse all Environmental Market Research Reports www.companiesandmarkets.com/Market/Environmental/Market-Research ..
Browse all Environmental Company Profile Reports www.companiesandmarkets.com/Market/Environmental/Company-Profile ..
Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.comâs online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.