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Global PV Tracker Market to Grow 254% Year-Over-Year in 2016

In a new report, The Global PV Tracker Landscape 2016, GTM Research expects 12.6 gigawatts of PV trackers to be installed globally this year, up from 5 gigawatts in 2015. By 2021, trackers installations will grow to 37.7 gigawatts and account for nearly half of all ground-mount solar systems. FIGURE: Global PV Tracker Installation Forecasts by Region, 2015-2021E (MWdc) Source: GTM Research The Global PV Tracker Landscape 2016 The report notes that ground-mount systems will continue to represent 70 to 75 percent of all solar installations over the next five years, and within that segment, trackers will gain share on the fixed-tilt market.
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