France Solar Tracker Market Size & Outlook, 2023-2030
France solar tracker market, 2018-2030 (US$M)
Related Markets
France solar tracker market highlights
- The France solar tracker market generated a revenue of USD 164.3 million in 2023 and is expected to reach USD 591.8 million by 2030.
- The France market is expected to grow at a CAGR of 20.1% from 2024 to 2030.
- In terms of segment, single axis was the largest revenue generating product in 2023.
- Dual Axis is the most lucrative product segment registering the fastest growth during the forecast period.
Solar tracker market data book summary
| Market revenue in 2023 | USD 164.3 million |
| Market revenue in 2030 | USD 591.8 million |
| Growth rate | 20.1% (CAGR from 2023 to 2030) |
| Largest segment | Single axis |
| Fastest growing segment | Dual Axis |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single Axis, Dual Axis |
| Key market players worldwide | Abengoa, ALLETE Inc, Array Technologies Inc Ordinary Shares, Gear Energy Ltd, ReNew Energy Global PLC Ordinary Shares - Class A, SunPower Corp, Titan International Inc |
Other key industry trends
- In terms of revenue, France accounted for 2.9% of the global solar tracker market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany solar tracker market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 591.8 million by 2030.
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Solar Tracker Market Scope
Solar Tracker Market Companies
| Name | Profile | # Employees | HQ | Website |
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France solar tracker market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to solar tracker market will help companies and investors design strategic landscapes.
Single axis was the largest segment with a revenue share of 51.92% in 2023. Horizon Databook has segmented the France solar tracker market based on single axis, dual axis covering the revenue growth of each sub-segment from 2018 to 2030.
France is a developed economy amongst European nations and is one of the most modern countries in the world. In terms of volume solar tracker market accounted for 15.11% in European region in 2019 and is projected to grow at a CAGR of 6.3% during the forecast period.
Growth in Solar tracker market in France is supported by growing solar industry in the country, which is driven by strong government support, ambitious long-term solar power projects, and limited scope for conventional thermal power capacity expansion.
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Our clientele includes a mix of solar tracker market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the France solar tracker market , including forecasts for subscribers. This country databook contains high-level insights into France solar tracker market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France solar tracker market size, by product, 2018-2030 (US$M)
France Solar Tracker Market Outlook Share, 2023 & 2030 (US$M)
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