According to IHS Markit's 2019 Global Solar Panel Tracking Bracket Market Report, by 2024, there will be more than 150 GW of solar capacity installed using tracking brackets. The United States is still expected to be the world's largest tracking bracket market. With the growing demand for large-scale solar panel power generation in Southern Europe and the Middle East, the installation volume of the Middle East and Africa (EMEA) will increase, and the new installed capacity will jointly promote the tracking technology to occupy the bracket. One-third of the market share of the market.

Tracking bracket suppliers PV Hardware and Soltec have so far accounted for more than half of the market share in Europe, the Middle East and Africa. Convert, Ideadetec and NCLAVE, a subsidiary acquired by Trina Solar, are turning to expand in Europe, the US stent giant Nextracker, Array Technologies is also moving towards the site of two Spanish giants. Competition in the tracking bracket area will intensify.

According to IHS Markit, the future Americas will continue to be the largest market in the US and Mexico facilities, with rapid growth in Europe, the Middle East and Africa. The Asian market may be the smallest of the three largest regions in the report, but still larger. Market expectations. Three major international markets, Australia, China and India, are also expected to appear on IHS Markit's list of the top 10 tracking carriers, accounting for approximately 30 GW of total installed capacity.

The growing demand for bifacial solar panel is also a major boost for tracking stent demand. The increased power generation of the bifacial solar panel can reduce the cost per watt of tracking value.Bluesun has the latest technology high wattage 410w bifacial solar panel.

“In recent years, the cost difference between bifacial solar panel and mono solar panel has shrunk.” “By 2020–2021, the spread will become relatively insignificant compared to the efficiency gain,” IHS Markit reports.