Floating Solar Panels Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032
Floating solar panels are solar panels installed on platforms that float on bodies of water, such as lakes, ponds, reservoirs, and even the ocean. They are often referred to as floating photovoltaic (FPV) systems or floating solar farms. Compared to conventional land-based solar installations, these systems have a number of benefits. First of all, they maximize available space by using water surfaces that would otherwise go unused. Second, the water cools the solar panels, extending their lifespan and increasing their efficiency. Furthermore, floating solar panels can lessen reservoir water evaporation, which is good for the environment.
CHAPTER 1. Industry Overview of Floating Solar Panels Market
1.1. Definition and Scope
1.1.1. Definition of Floating Solar Panels
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Floating Solar Panels Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Floating Solar Panels Market By Type
1.2.3. Floating Solar Panels Market By Connectivity
1.2.4. Floating Solar Panels Market By Capacity
1.2.5. Floating Solar Panels Market By Region
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Source
2.2.2. Primary Source
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restraint 1
3.2.2. Restraint 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Floating Solar Panels Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Floating Solar Panels Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Price Trend of Key Raw Material
3.8.1. Raw Material Suppliers
3.8.2. Proportion of Manufacturing Cost Structure
3.8.2.1. Raw Material
3.8.2.2. Labor Cost
3.8.2.3. Manufacturing Expense
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2022
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2022
4.2. R&D Status of Major Manufacturers in 2022
CHAPTER 5. Floating Solar Panels Market By Type
5.1. Introduction
5.2. Floating Solar Panels Revenue By Type
5.2.1. Floating Solar Panels Revenue (USD Billion) and Forecast, By Type, 2020-2032
5.2.2. Tracking Floating Solar Panels
5.2.2.1. Tracking Floating Solar Panels Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.3. Stationary Floating Solar Panels
5.2.3.1. Stationary Floating Solar Panels Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 6. Floating Solar Panels Market By Connectivity
6.1. Introduction
6.2. Floating Solar Panels Revenue By Connectivity
6.2.1. Floating Solar Panels Revenue (USD Billion) and Forecast, By Connectivity, 2020-2032
6.2.2. Off grid
6.2.2.1. Off grid Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
6.2.3. On grid
6.2.3.1. On grid Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 7. Floating Solar Panels Market By Capacity
7.1. Introduction
7.2. Floating Solar Panels Revenue By Capacity
7.2.1. Floating Solar Panels Revenue (USD Billion) and Forecast, By Capacity, 2020-2032
7.2.2. Below 5MW
7.2.2.1. Below 5MW Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.3. 5MW – 50MW
7.2.3.1. 5MW – 50MW Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.4. Above 50MW
7.2.4.1. Above 50MWMarket Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 8. North America Floating Solar Panels Market By Country
8.1. North America Floating Solar Panels Market Overview
8.2. U.S.
8.2.1. U.S. Floating Solar Panels Revenue (USD Billion) and Forecast By Type, 2020-2032
8.2.2. U.S. Floating Solar Panels Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
8.2.3. U.S. Floating Solar Panels Revenue (USD Billion) and Forecast By Capacity, 2020-2032
8.3. Canada
8.3.1. Canada Floating Solar Panels Revenue (USD Billion) and Forecast By Type, 2020-2032
8.3.2. Canada Floating Solar Panels Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
8.3.3. Canada Floating Solar Panels Revenue (USD Billion) and Forecast By Capacity, 2020-2032
8.4. North America PEST Analysis
CHAPTER 9. Europe Floating Solar Panels Market By Country
9.1. Europe Floating Solar Panels Market Overview
9.2. U.K.
9.2.1. U.K. Floating Solar Panels Revenue (USD Billion) and Forecast By Type, 2020-2032
9.2.2. U.K. Floating Solar Panels Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
9.2.3. U.K. Floating Solar Panels Revenue (USD Billion) and Forecast By Capacity, 2020-2032
9.3. Germany
9.3.1. Germany Floating Solar Panels Revenue (USD Billion) and Forecast By Type, 2020-2032
9.3.2. Germany Floating Solar Panels Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
9.3.3. Germany Floating Solar Panels Revenue (USD Billion) and Forecast By Capacity, 2020-2032
9.4. France
9.4.1. France Floating Solar Panels Revenue (USD Billion) and Forecast By Type, 2020-2032
9.4.2. France Floating Solar Panels Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
9.4.3. France Floating Solar Panels Revenue (USD Billion) and Forecast By Capacity, 2020-2032
9.5. Spain
9.5.1. Spain Floating Solar Panels Revenue (USD Billion) and Forecast By Type, 2020-2032
9.5.2. Spain Floating Solar Panels Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
9.5.3. Spain Floating Solar Panels Revenue (USD Billion) and Forecast By Capacity, 2020-2032
9.6. Rest of Europe
9.6.1. Rest of Europe Floating Solar Panels Revenue (USD Billion) and Forecast By Type, 2020-2032
9.6.2. Rest of Europe Floating Solar Panels Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
9.6.3. Rest of Europe Floating Solar Panels Revenue (USD Billion) and Forecast By Capacity, 2020-2032
9.7. Europe PEST Analysis
CHAPTER 10. Asia Pacific Floating Solar Panels Market By Country
10.1. Asia Pacific Floating Solar Panels Market Overview
10.2. China
10.2.1. China Floating Solar Panels Revenue (USD Billion) and Forecast By Type, 2020-2032
10.2.2. China Floating Solar Panels Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
10.2.3. China Floating Solar Panels Revenue (USD Billion) and Forecast By Capacity, 2020-2032
10.3. Japan
10.3.1. Japan Floating Solar Panels Revenue (USD Billion) and Forecast By Type, 2020-2032
10.3.2. Japan Floating Solar Panels Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
10.3.3. Japan Floating Solar Panels Revenue (USD Billion) and Forecast By Capacity, 2020-2032
10.4. India
10.4.1. India Floating Solar Panels Revenue (USD Billion) and Forecast By Type, 2020-2032
10.4.2. India Floating Solar Panels Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
10.4.3. India Floating Solar Panels Revenue (USD Billion) and Forecast By Capacity, 2020-2032
10.5. Australia
10.5.1. Australia Floating Solar Panels Revenue (USD Billion) and Forecast By Type, 2020-2032
10.5.2. Australia Floating Solar Panels Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
10.5.3. Australia Floating Solar Panels Revenue (USD Billion) and Forecast By Capacity, 2020-2032
10.6. South Korea
10.6.1. South Korea Floating Solar Panels Revenue (USD Billion) and Forecast By Type, 2020-2032
10.6.2. South Korea Floating Solar Panels Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
10.6.3. South Korea Floating Solar Panels Revenue (USD Billion) and Forecast By Capacity, 2020-2032
10.7. Rest of Asia-Pacific
10.7.1. Rest of Asia-Pacific Floating Solar Panels Revenue (USD Billion) and Forecast By Type, 2020-2032
10.7.2. Rest of Asia-Pacific Floating Solar Panels Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
10.7.3. Rest of Asia-Pacific Floating Solar Panels Revenue (USD Billion) and Forecast By Capacity, 2020-2032
10.8. Asia Pacific PEST Analysis
CHAPTER 11. Latin America Floating Solar Panels Market By Country
11.1. Latin America Floating Solar Panels Market Overview
11.2. Brazil
11.2.1. Brazil Floating Solar Panels Revenue (USD Billion) and Forecast By Type, 2020-2032
11.2.2. Brazil Floating Solar Panels Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
11.2.3. Brazil Floating Solar Panels Revenue (USD Billion) and Forecast By Capacity, 2020-2032
11.3. Mexico
11.3.1. Mexico Floating Solar Panels Revenue (USD Billion) and Forecast By Type, 2020-2032
11.3.2. Mexico Floating Solar Panels Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
11.3.3. Mexico Floating Solar Panels Revenue (USD Billion) and Forecast By Capacity, 2020-2032
11.4. Rest of Latin America
11.4.1. Rest of Latin America Floating Solar Panels Revenue (USD Billion) and Forecast By Type, 2020-2032
11.4.2. Rest of Latin America Floating Solar Panels Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
11.4.3. Rest of Latin America Floating Solar Panels Revenue (USD Billion) and Forecast By Capacity, 2020-2032
11.5. Latin America PEST Analysis
CHAPTER 12. Middle East & Africa Floating Solar Panels Market By Country
12.1. Middle East & Africa Floating Solar Panels Market Overview
12.2. GCC
12.2.1. GCC Floating Solar Panels Revenue (USD Billion) and Forecast By Type, 2020-2032
12.2.2. GCC Floating Solar Panels Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
12.2.3. GCC Floating Solar Panels Revenue (USD Billion) and Forecast By Capacity, 2020-2032
12.3. South Africa
12.3.1. South Africa Floating Solar Panels Revenue (USD Billion) and Forecast By Type, 2020-2032
12.3.2. South Africa Floating Solar Panels Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
12.3.3. South Africa Floating Solar Panels Revenue (USD Billion) and Forecast By Capacity, 2020-2032
12.4. Rest of Middle East & Africa
12.4.1. Rest of Middle East & Africa Floating Solar Panels Revenue (USD Billion) and Forecast By Type, 2020-2032
12.4.2. Rest of Middle East & Africa Floating Solar Panels Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
12.4.3. Rest of Middle East & Africa Floating Solar Panels Revenue (USD Billion) and Forecast By Capacity, 2020-2032
12.5. Middle East & Africa PEST Analysis
CHAPTER 13. Player Analysis Of Floating Solar Panels Market
13.1. Floating Solar Panels Market Company Share Analysis
13.2. Competition Matrix
13.2.1. Competitive Benchmarking Of Key Players By Price, Presence, Market Share, And R&D Investment
13.2.2. New Product Launches and Product Enhancements
13.2.3. Mergers And Acquisition In Global Floating Solar Panels Market
13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 14. Company Profile
14.1. Ciel & Terre International
14.1.1. Company Snapshot
14.1.2. Business Overview
14.1.3. Financial Overview
14.1.3.1. Revenue (USD Billion), 2022
14.1.3.2. Ciel & Terre International 2022 Floating Solar Panels Business Regional Distribution
14.1.4. Product /Service and Specification
14.1.5. Recent Developments & Business Strategy
14.2. KYOCERA Corporation
14.3. Vikram Solar Limited
14.4. Yellow Tropus Pvt. Ltd
14.5. JA SOLAR Technology Co. Ltd
14.6. Trina Solar
14.7. Sulzer Ltd.
14.8. Hanwha Group
14.9. Yingli Solar
14.10. Sharp Corporation
Frequently Asked Questions
How big is the floating solar panels market?
The floating solar panels market size was USD 3.4 Billion in 2022.
What is the CAGR of the global floating solar panels market from 2023 to 2032?
The CAGR of floating solar panels is 25.1% during the analysis period of 2023 to 2032.
Which are the key players in the floating solar panels market?
The key players operating in the global market are including Ciel & Terre International, KYOCERA Corporation, Vikram Solar Limited, Yellow Tropus Pvt. Ltd, JA SOLAR Technology Co. Ltd, Trina Solar, Sulzer Ltd., Hanwha Group, Yingli Solar, and Sharp Corporation.
Which region dominated the global floating solar panels market share?
Which region dominated the global floating solar panels market share?
Which region registered fastest CAGR from 2023 to 2032?
North America region exhibited fastest growing CAGR for market of floating solar panels during the analysis period of 2023 to 2032.
What are the current trends and dynamics in the global floating solar panels industry?
The current trends and dynamics in the floating solar panels industry include increasing demand for renewable energy sources, scarcity of suitable land for traditional solar installations, and technological advancements improving efficiency and durability.
Which connectivity held the maximum share in 2022?
The on-grid connectivity held the maximum share of the floating solar panels industry.
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