Solar Tracker Market Capacity to reach 39.33 GW by 2025 - Global Analysis by Trends, Size, Share, Opportunities and Challenges

The global solar tracker market is driven by increasing demand for energy coupled with stringent government regulations and initiatives. The global solar tracker market capacity is expected to reach 39.33 GW by 2025. The market is growing at a CAGR of 13.8%. Rising awareness about renewable and sustainable sources of energy coupled with growing several government initiatives are projected to drive the growth of the global solar tracker market during the forecast period. The global solar tracker market study evaluates market demand and scenario over the period from 2015 to 2025. The study highlights the historical data between 2015 and 2017 while 2018 to 2025 as a market forecast. The report studies the global, regional and country level trends and future prospects. The global solar tracker market is segmented by product, technology and application.