NEW YORK, Oct. 12, 2022 /PRNewswire/ — The solar PV tracker market is expected to grow by USD 7.43 billion, at a CAGR of 17.28% during the forecast period. The rise in investments in renewable energy, increasing government support and the declining cost of solar energy is one of the major factors propelling the market growth. However, factors such as intermittency in solar power generation, competition from alternative sources of energy, and high water requirement for CSP projects will hamper the market growth. Request Free Sample Report.
Solar PV Tracker Market Vendors
Technavio has announced its latest market research report titled Global Solar PV Tracker Market 2022-2026
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of…