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According to a new report by GTM Research, global solar tracker shipments reached a record 14.
5 GW last year, up 32% from 2016, making Latin America the world's largest regional market
for the first time.
The table shows the top six tracker vendors in 2017
GTM Research said in releasing its Global Solar PV Tracker Market Share and Shipments Report (2018) that the U.
S.
utility-scale solar market is affected
by the uncertainty brought about by the upcoming tariffs.
Senior analyst Scott Moskowitz commented that Mexico and Brazil are the fastest growing solar markets
in the world.
In 2017, tracker shipments in both countries exceeded 1.
5 GW
.
Moskowitz said tracker demand is expected to grow further in 2018, with shipments approaching 20 GW
.
In early 2018, Luxembourg-based steel and mining giant Arcelor Mittal (NYSE:MT) will acquire French solar tracking equipment maker Exosun SAS
.
GTM expects that the solar tracker industry will continue to consolidate
.
As the market expands, the profit margins of suppliers are increasing
.
According to a new report by GTM Research, global solar tracker shipments reached a record 14.
5 GW last year, up 32% from 2016, making Latin America the world's largest regional market
for the first time.
The table shows the top six tracker vendors in 2017
GTM Research said in releasing its Global Solar PV Tracker Market Share and Shipments Report (2018) that the U.
S.
utility-scale solar market is affected
by the uncertainty brought about by the upcoming tariffs.
Senior analyst Scott Moskowitz commented that Mexico and Brazil are the fastest growing solar markets
in the world.
In 2017, tracker shipments in both countries exceeded 1.
5 GW
.
Moskowitz said tracker demand is expected to grow further in 2018, with shipments approaching 20 GW
.
In early 2018, Luxembourg-based steel and mining giant Arcelor Mittal (NYSE:MT) will acquire French solar tracking equipment maker Exosun SAS
.
GTM expects that the solar tracker industry will continue to consolidate
.
As the market expands, the profit margins of suppliers are increasing
.
