COVID-19: Significant Shift in Strategy of Solar PV Tracker Market 2020-2024 | Rise in Investments in Renewable Energy to Augment Growth | Technavio - Manchestertimes
COVID-19: Significant Shift in Strategy of Solar PV Tracker Market 2020-2024 | Rise in Investments in Renewable Energy to Augment Growth | Technavio - Manchestertimes |
Posted: 23 Jun 2020 11:15 AM PDT ![]() LONDON--(BUSINESS WIRE)--Jun 23, 2020-- Technavio has been monitoring the solar PV tracker market and it is poised to grow by 102.11 GW during 2020-2024, progressing at a CAGR of almost 39% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Technavio has announced its latest market research report titled Global Solar PV Tracker Market 2020-2024 (Graphic: Business Wire) Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio's in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Arctech Solar Holding Co. Ltd., Array Technologies Inc., Convert Italia SpA., First Solar Inc., Heliogen Inc., IDEEMATEC Deutschland GmbH, Mahindra Susten Pvt. Ltd., NEXTracker Inc., Soltec Energias Renovables S.L., and SunPower Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. Rise in investments in renewable energy has been instrumental in driving the growth of the market. Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Solar PV Tracker Market 2020-2024: Segmentation Solar PV Tracker Market is segmented as below:
Solar PV Tracker Market 2020-2024: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The solar PV tracker market report covers the following areas:
This study identifies declining cost of solar energy as one of the prime reasons driving the solar PV tracker market growth during the next few years. Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports. Solar PV Tracker Market 2020-2024: Key Highlights
Table of Contents: Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by Technology
Customer landscape Geographic Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendor Analysis
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. CONTACT: Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email:media@technavio.com Website:www.technavio.com/ INDUSTRY KEYWORD: ALTERNATIVE ENERGY ENERGY UTILITIES SOURCE: Technavio Research Copyright Business Wire 2020. PUB: 06/23/2020 02:15 PM/DISC: 06/23/2020 02:15 PM |
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