Global photovoltaic tracker market increased by more than 60%

The global photovoltaic tracker market increased by more than 60% in 2014 to reach an installed capacity of 4 GW, according to a new report from IHS Technology.
Although PV trackers were installed in just 11% of ground-mount installations in 2013, they are forecast to account for just under 20% of installations this year. The top three PV tracker manufacturers occupy 40% of the market – and the top four companies are based in the U.S.
Array Technologies Inc. (ATI) remained the leading manufacturer of PV trackers last year, the report says, although competitors gained market share. ATI’s share of the PV trackers market declined 20% because of variability in the U.S. utility-scale segment, IHS says. The Albuquerque, N.M.-based tracker manufacturer focuses primarily on the U.S. market, but analysts say the company is seeking to expand internationally this year.

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