Floating Solar Panels Market Size And Growth By 2030

Author : Pradip More | Published On : 06 Mar 2024

The global Floating Solar Panels Market research report 2030, as published by Data bridge Market Research, provides insights into the current global outlook and key regions, examining Major Players, Countries, Product Types, and end industries. It focuses on top players in the global market and categorizes the market based on several parameters.

Data Bridge Market Research analyses that the floating solar panels market, valued at USD 39.98 million in 2022, will reach USD 381.58 million by 2030, growing at a CAGR of 32.57% during the forecast period of 2023 to 2030.

Top Companies in the Global Floating Solar Panels Market:
Ciel et Terre International (France), Hanwha Group. (South Korea), JA SOLAR Technology Co., Ltd. (China), KYOCERA Corporation (Japan), LONGi (China), Trina Solar (China), VIKRAM SOLAR LTD. (U.S.), Wuxi Suntech Power Co., Ltd. (China), Yingli Solar (China), Satkar Softwares Solutions Pvt. Ltd. (India), Baroda Polyform Pvt Ltd. (India), ADTECH Systems (India), Waaree Energies Ltd. (India), Jain Irrigation Systems Ltd. (India), SHARP CORPORATION (Japan), among others.

Market Segmentation:

The floating solar panels market is segmented on the basis of product type, capacity, connectivity, location and technology. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

• Tracking Floating Solar Panels

• Stationary Floating Solar Panels

Capacity

• Up to 500KW

• 500kw to 1MW

• 1mw to 3MW

• Greater than 3MW

Connectivity

• On Grid

• Off Grid

Location

• Onshore

• Offshore

Technology

• Photovoltaic

• Concentrated Solar Power (CSP)

• Concentrator Photovoltaics (CPV)

Panel Type

• Mono- crystalline

• Poly-crystalline

• Thin film

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:

– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)

– North America (United States, Mexico & Canada)

– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)

– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)

– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Asia-Pacific dominates the market and will continue to flourish its trend of dominance during the forecast period. The significant factors attributable to the regional dominance in India, china, and japan are increasing government support, persistently increasing energy costs, and rising awareness related to benefits related to the use of solar energy within this region.

Europe will undergo the highest growth rate during the forecast period owing to the region's various policies, such as quota requirements, production incentives, and trading systems. Furthermore, the price of constructing plants is significantly higher, particularly in the Netherlands, where land is expensive; thus, it is easy to access electrical infrastructure for floating solar, which entails lower grid connections cost.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Browse The Report Description:

https://www.databridgemarketresearch.com/reports/global-floating-solar-panels-market

Strategic Points from Table of Content:

– Market Summary

– Economic Impact Competition Analysis by Players

– Production, Revenue (Value) by geographical segmentation

– Floating Solar Panels Market Size by Type and Application

– Regional Market Status and Outlook

– Floating Solar Panels Market Analysis and Outlook

– Floating Solar Panels Market Forecast by Region, Type, and Application

– Cost Investigation, Market Dynamics

– Marketing Strategy comprehension, Distributors and Traders

– Market Effect Factor Analysis

– Research Finding/ Conclusion

– Appendix

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