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.
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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.
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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.