4 FAQs about World ranking of photovoltaic tracking brackets

What is the market size for photovoltaic tracking systems in China?

Taking the bracket market in the Chinese market for photovoltaic tracking systems as an example, the market size will increase from about 21 billion yuan in 2023 to about 25.3 billion yuan in 2024, and the Chinese market size will continue to grow in 2025.

Is nexttracker the world's largest solar tracker company?

Nexttracker has been the world's largest solar tracker company in terms of market share for several consecutive years. As of 2024, it has provided smart solar trackers for over 35 gigawatts of solar projects across five continents, including some of the world's largest solar farms with a global market share of over 30%.

Are solar trackers a good investment?

Solar energy is an abundant and clean renewable energy source. As solar PV power generation continues to grow, solar businesses, developers, and investors are relying on solar PV (photovoltaic) trackers or solar trackers more than ever to generate electrical energy and maximize solar projects' ROI under cost pressure.

Why are photovoltaic brackets important?

As the "skeleton" of photovoltaic power plants and an important component of photovoltaic tracking systems, the performance of photovoltaic brackets directly affects the power generation efficiency and investment returns of photovoltaic power plants, and is one of the main equipment of all ground-based photovoltaic power plants.

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