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Solar Tracker Market Will Reach 15.6% Growth by 2030
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Solar Tracker Market Will Reach 15.6% Growth by 2030

Mar 17, 2023

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The global solar tracker market size will reach USD 64.6 billion by 2030 and expanding growth at a CAGR of 15.6% from 2022 to 2030, According to Precedence Research.

The solar tracker technology has reached a share of over 30% of the utility market, from basically nil only a handful of years ago. The stake is only expected to increase over the coming years. Leading solar tracker firms like Nextracker, Trina, Arctech besides others are poised to reap the gains from the strong revival in the market. Rise in global demand for energy, growth in environmental awareness, and depletion of fossil fuels drive the growth of the global solar tracker market.

Solar Tracker Market Will Reach 15.6% Growth by 2030 According to Precedence Research, the global solar tracker market size is expected to be worth around US$ 64.6 billion by 2030 and will clock the growth at a CAGR of 15.6% from 2022 to 2030. This is against the global solar tracker market size in 2021 which was estimated at US$ 19.94 billion in the year. Ask here for more details@ Call: USA - +1 9197 992 333 | Email: [email protected]