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Solar Tracker Installation Market by Type and End-Use Industry: Global Opportunity Analysis and Industry Forecast, 2019-2026

https://www.bharatbook.com

The global Solar Tracker Installation was valued at $162.7 billion in 2018, and is projected to reach $379.2 billion by 2025, growing at a CAGR of 11.1% from 2019 to 2026. Solar tracking is the process of generating power from sunlight. A solar tracker is the device that directs solar panels, mirrors of heliostat, and Fresnel reflectors toward the sun. These solar trackers are used to capture the maximum solar energy throughout the day and increase solar panel output and efficiency. The global solar market is driven by increase in energy demand worldwide. Solar trackers can increase the output of solar panels by 25% to 35% compared to modules at fixed angle.

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Created by aadolfst01 11 weeks 2 days ago – Made popular 10 weeks 6 days ago
Category: Business   Tags:

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