A mechanical tool called a dual axis solar tracker is used in solar power systems to align solar reflectors or photovoltaic (PV) panels with the sun all day and all year round. Dual axis trackers, as opposed to fixed systems or single-axis trackers, have two axes of motion: one axis, usually horizontal, tracks the sun's daily east-to-west movement, while the other axis, which can be inclined or vertical, adapts to the sun's seasonal variations in sky altitude. This enables the solar panels to stay at the best possible angle all year long in order to receive the most sunlight possible. They are frequently employed in big utility-scale solar farms, concentrated solar power (CSP) applications, and installations where maximum energy yield is required but land area is constrained. 

According to SPER market research, ‘Europe Dual Axis Solar Tracker Market Size- By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Europe Dual Axis Solar Tracker Market is predicted to reach 3.24 billion by 2034 with a CAGR of 9.73%. 

Drivers: 

The market for dual-axis solar trackers in Europe is expanding significantly due to several important factors. As part of larger environmental sustainability aims, the region's dedication to renewable energy, especially solar power, is one important factor. By using these trackers, solar panels may maximize their exposure to sunlight and generate more energy by tracking the sun's movement throughout the day and across the seasons. Particularly useful in areas with high sun irradiation, where optimizing solar energy capture is essential, is this capacity. Further propelling their use in massive solar projects is the development of more economical and efficient dual-axis trackers as a result of technological improvements. Incorporating AI, IoT, and remote monitoring technologies into tracking systems is improving dual-axis trackers' value proposition. 

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Restraints: 

A few obstacles could prevent the dual-axis solar tracker market in Europe from expanding. Due to their sophisticated motorized design and intricate mechanics, dual-axis tracking systems are more costly than fixed-tilt or single-axis systems, which is one major problem. Adoption may be hampered by this high cost, particularly in smaller-scale enterprises and price-sensitive markets. There are other difficulties because of the intricacy of installation and upkeep. Dual-axis trackers need specific expertise and abilities to be set up and maintained properly, which might result in higher labor costs and possible downtime if not done so. Obstacles also come from space needs and land use. Germany is the market leader for dual-axis solar trackers in Europe due to its large solar photovoltaic capacity, dedication to nuclear and coal phase-out, and focus on increasing the capacity for renewable energy. Some of the key market players are Arctech Solar, Array Technologies, Inc, DEGERENERGIE GMBH & CO. KG, Mechatron Solar, and others.

For More Information, refer to below link: –   

Europe Dual Axis Solar Tracker Market Share

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