| Product Code: ETC8894762 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Portugal`s import shipments of single-axis solar trackers in 2024 saw significant growth, with Germany, Metropolitan France, Slovakia, China, and Czechia emerging as the top exporting countries. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained high in 2024 compared to 2023. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 2.9%, while the growth rate from 2023 to 2024 spiked at an impressive 32.24%. These figures indicate a vibrant and expanding market for single-axis solar trackers in Portugal, driven by key exporters and sustained growth trends.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Portugal Single-Axis Solar Tracker Market Overview |
3.1 Portugal Country Macro Economic Indicators |
3.2 Portugal Single-Axis Solar Tracker Market Revenues & Volume, 2021 & 2031F |
3.3 Portugal Single-Axis Solar Tracker Market - Industry Life Cycle |
3.4 Portugal Single-Axis Solar Tracker Market - Porter's Five Forces |
3.5 Portugal Single-Axis Solar Tracker Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Portugal Single-Axis Solar Tracker Market Revenues & Volume Share, By Axis Rotation, 2021 & 2031F |
3.7 Portugal Single-Axis Solar Tracker Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Portugal Single-Axis Solar Tracker Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government initiatives and policies promoting renewable energy sources |
4.2.2 Growing investments in solar energy projects in Portugal |
4.2.3 Rising awareness about the benefits of single-axis solar trackers in enhancing solar energy generation efficiency |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with single-axis solar tracker installations |
4.3.2 Fluctuating prices of raw materials used in manufacturing solar trackers |
4.3.3 Limited availability of suitable land for solar projects in Portugal |
5 Portugal Single-Axis Solar Tracker Market Trends |
6 Portugal Single-Axis Solar Tracker Market, By Types |
6.1 Portugal Single-Axis Solar Tracker Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Portugal Single-Axis Solar Tracker Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Portugal Single-Axis Solar Tracker Market Revenues & Volume, By Photovoltaic (PV) Trackers, 2021- 2031F |
6.1.4 Portugal Single-Axis Solar Tracker Market Revenues & Volume, By Concentrated Solar Power (CSP) Trackers, 2021- 2031F |
6.2 Portugal Single-Axis Solar Tracker Market, By Axis Rotation |
6.2.1 Overview and Analysis |
6.2.2 Portugal Single-Axis Solar Tracker Market Revenues & Volume, By Horizontal Single-Axis Trackers, 2021- 2031F |
6.2.3 Portugal Single-Axis Solar Tracker Market Revenues & Volume, By Vertical Single-Axis Trackers, 2021- 2031F |
6.3 Portugal Single-Axis Solar Tracker Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Portugal Single-Axis Solar Tracker Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.3 Portugal Single-Axis Solar Tracker Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.4 Portugal Single-Axis Solar Tracker Market Revenues & Volume, By Utility-Scale, 2021- 2031F |
7 Portugal Single-Axis Solar Tracker Market Import-Export Trade Statistics |
7.1 Portugal Single-Axis Solar Tracker Market Export to Major Countries |
7.2 Portugal Single-Axis Solar Tracker Market Imports from Major Countries |
8 Portugal Single-Axis Solar Tracker Market Key Performance Indicators |
8.1 Average capacity utilization rate of single-axis solar trackers |
8.2 Rate of adoption of single-axis solar trackers in new solar projects |
8.3 Efficiency improvement percentage of single-axis solar trackers |
8.4 Average levelized cost of electricity (LCOE) for solar energy generated using single-axis solar trackers |
8.5 Number of new solar projects incorporating single-axis solar trackers |
9 Portugal Single-Axis Solar Tracker Market - Opportunity Assessment |
9.1 Portugal Single-Axis Solar Tracker Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Portugal Single-Axis Solar Tracker Market Opportunity Assessment, By Axis Rotation, 2021 & 2031F |
9.3 Portugal Single-Axis Solar Tracker Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Portugal Single-Axis Solar Tracker Market - Competitive Landscape |
10.1 Portugal Single-Axis Solar Tracker Market Revenue Share, By Companies, 2024 |
10.2 Portugal Single-Axis Solar Tracker Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here