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    Home > Chemicals Industry > Chemical Technology > The global solar tracking system market will reach $7.54 billion

    The global solar tracking system market will reach $7.54 billion

    • Last Update: 2022-11-21
    • Source: Internet
    • Author: User
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    According to the latest research report released by market research company Global Market Insights, in 2015, the installed capacity of the global solar tracking system market was 8.
    8GW.

    The increasing level of energy-saving technologies coupled with the boom in renewable energy generation may be a booster for the solar tracking system market development
    .

    With the growing concern of governments on environmental issues such as greenhouse gas emissions such as carbon dioxide, and favorable government policies for sustainable energy power generation, PV/CSP in key industries will be further developed, which will have a positive impact
    on the market demand for solar tracking systems.
    The global solar tracking system market size is expected to reach $7.
    54 billion
    by 2023.

    In 2015, the total installed size of the global utility-scale solar tracking system market exceeded 7.
    5GW
    .
    Among them, the Asia-Pacific region led by China, India and Japan is the regional leader, and the overall installation scale is close to 2GW.

    The global solar tracker market size is expected to reach 29.
    5GW by 2023, with a compound annual growth rate of more than 16.
    5%.

    With the continuous development of solar thermal power generation technology, China is expected to develop
    rapidly at a compound annual growth rate of nearly 24%.

    According to the latest research report released by market research company Global Market Insights, in 2015, the installed capacity of the global solar tracking system market was 8.
    8GW.

    The increasing level of energy-saving technologies coupled with the boom in renewable energy generation may be a booster for the solar tracking system market development
    .

    Solar tracking system

    With the growing concern of governments on environmental issues such as greenhouse gas emissions such as carbon dioxide, and favorable government policies for sustainable energy power generation, PV/CSP in key industries will be further developed, which will have a positive impact
    on the market demand for solar tracking systems.
    The global solar tracking system market size is expected to reach $7.
    54 billion
    by 2023.

    In 2015, the total installed size of the global utility-scale solar tracking system market exceeded 7.
    5GW
    .
    Among them, the Asia-Pacific region led by China, India and Japan is the regional leader, and the overall installation scale is close to 2GW.

    The global solar tracker market size is expected to reach 29.
    5GW by 2023, with a compound annual growth rate of more than 16.
    5%.

    With the continuous development of solar thermal power generation technology, China is expected to develop
    rapidly at a compound annual growth rate of nearly 24%.

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