Floating Solar Panels Market Trends, Share, Leading players, Growth Drivers, Forecast 2030

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Floating Solar Panels Market was valued at USD 2.09 Bn in 2023 and is expected to reach USD 5.87 Bn by 2030, at a CAGR of 15.9 percent during the forecast period.

Floating Solar Panels Market Overview

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Floating Solar Panels Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The report provides the current state of the Floating Solar Panels market by thorough analysis.

Floating Solar Panels Market Growth and Revenue Projection:

Floating Solar Panels Market was valued at USD 2.09 Bn in 2023 and is expected to reach USD 5.87 Bn by 2030, at a CAGR of 15.9 percent during the forecast period.

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Floating Solar Panels Market Scope and Methodology:

The report aims to assess and predict the size of the Floating Solar Panels market. It offers strategic profiles of significant market participants to provide an accurate interpretation of the competitive landscape within the global Floating Solar Panels. Recent developments such as new product launches, acquisitions, mergers, joint ventures, brand activities, and major players in the Floating Solar Panels industry have undergone a comprehensive analysis. The report aims to present insights into industry trends, dynamics, and potentials, to assist professionals in staying informed about the latest trends and sector performance. This insight aids in predicting growth and decline in Floating Solar Panels market share over the forecast period.

An in-depth understanding of the Floating Solar Panels industry was achieved through a combination of primary and secondary research methods. To ensure the accuracy of our findings, we utilized various methodologies such as PESTLE, PORTER, and SWOT analysis. The SWOT analysis was used to identify the strengths, weaknesses, opportunities, and challenges of the key players within the Floating Solar Panels industry. Additionally, we used PORTER and PESTLE analysis to gain a better understanding of the microeconomic and macroeconomic factors that influence the Floating Solar Panels industry.

Floating Solar Panels Market Regional Insights

Regional insights play a crucial role in understanding the nuanced dynamics of the Floating Solar Panels market. The Floating Solar Panels market is divided into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report comprehensively examines factors, market size, growth rate, and import and export activities within each region. The Regional Analysis section presents the current status of the Floating Solar Panels market in the countries covered in the report.

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Floating Solar Panels Market Segmentation

by Product

Stationary
Solar Tracking

 Based on Solar Tracking, Stationary, and Product Type. The market was led by the stationary category in 2023, and over the forecast period, it is anticipated to maintain its dominant position in the floating solar panel market. Solar panels installed on a structure that floats on the surface of a body of water, such as a lake, pond, reservoir, or other body of water, are known as floating solar panels, or floating photovoltaic (FPV) systems. These systems have multiple benefits, including as effective use of land, decreased water evaporation, and the possibility of more energy production because of the water's cooling impact.It alludes to solar panels that float and are fixed to immovable platforms or other structures so they cannot rotate or move.

 

by Location

On-Shore
Off-Shore

by Technology

Photovoltaic
Concentrated Solar Power (CSP)
Concentrator Photovoltaic (CPV)

by Capacity

Small-scale (100kW)
Medium-scale (100kW-10MW)
Large-scale (10MW)

Floating Solar Panels Market Key Players

Asia-Pacific:
1. Ciel Terre International (France) (Hong Kong)
2. Sungrow Power Supply Co., Ltd. (China) (Hefei, China)
3. SPIC (State Power Investment Corporation, China) (Beijing, China)
4. Kyocera Corporation (Japan) (Kyoto, Japan)
5. Sharp Corporation (Japan) (Osaka, Japan)
6. SunMan Energy (Australia) (Sydney, Australia)
7. Trina Solar (China) (Changzhou, China)
8. PowerChina (China) (Beijing, China)
Europe:
9. BayWa r.e. (Germany) - Headquarters: Munich, Germany
10. Solaris Synergy (Israel) (Tel Aviv, Israel)
11. DNV GL (Norway) (Oslo, Norway)
12. Statkraft (Norway) (Oslo, Norway)
13. Ciel Terre Deutschland GmbH (Germany) (Lünen, Germany)
North America:
14. D3Energy (Florida)
15. Floating Solar (United States) (San Francisco, United States)
16. Solaris Power Cells, Inc. (United States) (United States)
17. Infratech Industries (Canada) (Calgary, Canada)
Latin America:
18. Tecnoveritas (Portugal) (Lisbon, Portugal)
Africa:
19. Redavia (Germany) (Munich, Germany)
Global/International:
20. Ocean Sun (Norway) (Oslo, Norway)
21. Floating Power Plant A/S (Denmark) (Copenhagen, Denmark)

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Key questions answered in the Floating Solar Panels Market are:

  • What is Floating Solar Panels?
  • What will be the CAGR at which the Floating Solar Panels market will grow?
  • What is the growth rate of the Floating Solar Panels Market?
  • What are the industry trends that can be implemented to generate additional revenue streams for the Floating Solar Panels Market?
  • Who are the leading companies and what are their portfolios in Floating Solar Panels Market?
  • What segments are covered in the Floating Solar Panels Market?
  • Which are the factors expected to drive the Floating Solar Panels market growth?
  • What are the different segments of the Floating Solar Panels Market?

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Key Offerings:

  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

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