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Synopsis
Floating solar, refers to an array of solar panels on a structure that floats on a body of water, typically an artificial basin or a lake.
The global Floating Solar Panels market size is expected to reach US$ 428.4 million by 2029, growing at a CAGR of 21.4% from 2023 to 2029. The market is mainly driven by the significant applications of Floating Solar Panels in various end use industries. The expanding demands from the Off-shore Floating Solar Panels and On-shore Floating Solar Panels, are propelling Floating Solar Panels market. Solar-tracking floating solar panels, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Stationary floating solar panels segment is estimated at % CAGR for the next seven-year period.
China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU's clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan's total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.319 GW.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Floating Solar Panels, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Floating Solar Panels market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Floating Solar Panels market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Floating Solar Panels sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Floating Solar Panels covered in this report include GEITS, SPG Solar, Kyocera, Japan Mega Solar Power, Suntech Power, Trina Solar, Yingli Solar and Sharp, etc.
The global Floating Solar Panels market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Global Floating Solar Panels market, by region:
Global Floating Solar Panels market, Segment by Type:
Global Floating Solar Panels market, by Application
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Floating Solar Panels manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Floating Solar Panels in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Floating Solar Panels Market Overview
1.1 Floating Solar Panels Product Overview
1.2 Floating Solar Panels Market Segment by Type
1.2.1 Solar-tracking floating solar panels
1.2.2 Stationary floating solar panels
1.3 Global Floating Solar Panels Market Size by Type
1.3.1 Global Floating Solar Panels Market Size Overview by Type (2018-2029)
1.3.2 Global Floating Solar Panels Historic Market Size Review by Type (2018-2023)
1.3.3 Global Floating Solar Panels Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Floating Solar Panels Sales Breakdown by Type (2018-2023)
1.4.2 Europe Floating Solar Panels Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Floating Solar Panels Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Floating Solar Panels Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Floating Solar Panels Sales Breakdown by Type (2018-2023)
2 Global Floating Solar Panels Market Competition by Company
2.1 Global Top Players by Floating Solar Panels Sales (2018-2023)
2.2 Global Top Players by Floating Solar Panels Revenue (2018-2023)
2.3 Global Top Players by Floating Solar Panels Price (2018-2023)
2.4 Global Top Manufacturers Floating Solar Panels Manufacturing Base Distribution, Sales Area, Product Type
2.5 Floating Solar Panels Market Competitive Situation and Trends
2.5.1 Floating Solar Panels Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Floating Solar Panels Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Floating Solar Panels as of 2022)
2.7 Date of Key Manufacturers Enter into Floating Solar Panels Market
2.8 Key Manufacturers Floating Solar Panels Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Floating Solar Panels Status and Outlook by Region
3.1 Global Floating Solar Panels Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Floating Solar Panels Historic Market Size by Region
3.2.1 Global Floating Solar Panels Sales in Volume by Region (2018-2023)
3.2.2 Global Floating Solar Panels Sales in Value by Region (2018-2023)
3.2.3 Global Floating Solar Panels Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Floating Solar Panels Forecasted Market Size by Region
3.3.1 Global Floating Solar Panels Sales in Volume by Region (2024-2029)
3.3.2 Global Floating Solar Panels Sales in Value by Region (2024-2029)
3.3.3 Global Floating Solar Panels Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Floating Solar Panels by Application
4.1 Floating Solar Panels Market Segment by Application
4.1.1 Off-shore Floating Solar Panels
4.1.2 On-shore Floating Solar Panels
4.2 Global Floating Solar Panels Market Size by Application
4.2.1 Global Floating Solar Panels Market Size Overview by Application (2018-2029)
4.2.2 Global Floating Solar Panels Historic Market Size Review by Application (2018-2023)
4.2.3 Global Floating Solar Panels Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Floating Solar Panels Sales Breakdown by Application (2018-2023)
4.3.2 Europe Floating Solar Panels Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Floating Solar Panels Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Floating Solar Panels Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Floating Solar Panels Sales Breakdown by Application (2018-2023)
5 North America Floating Solar Panels by Country
5.1 North America Floating Solar Panels Historic Market Size by Country
5.1.1 North America Floating Solar Panels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Floating Solar Panels Sales in Volume by Country (2018-2023)
5.1.3 North America Floating Solar Panels Sales in Value by Country (2018-2023)
5.2 North America Floating Solar Panels Forecasted Market Size by Country
5.2.1 North America Floating Solar Panels Sales in Volume by Country (2024-2029)
5.2.2 North America Floating Solar Panels Sales in Value by Country (2024-2029)
6 Europe Floating Solar Panels by Country
6.1 Europe Floating Solar Panels Historic Market Size by Country
6.1.1 Europe Floating Solar Panels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Floating Solar Panels Sales in Volume by Country (2018-2023)
6.1.3 Europe Floating Solar Panels Sales in Value by Country (2018-2023)
6.2 Europe Floating Solar Panels Forecasted Market Size by Country
6.2.1 Europe Floating Solar Panels Sales in Volume by Country (2024-2029)
6.2.2 Europe Floating Solar Panels Sales in Value by Country (2024-2029)
7 Asia-Pacific Floating Solar Panels by Region
7.1 Asia-Pacific Floating Solar Panels Historic Market Size by Region
7.1.1 Asia-Pacific Floating Solar Panels Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Floating Solar Panels Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Floating Solar Panels Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Floating Solar Panels Forecasted Market Size by Region
7.2.1 Asia-Pacific Floating Solar Panels Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Floating Solar Panels Sales in Value by Region (2024-2029)
8 Latin America Floating Solar Panels by Country
8.1 Latin America Floating Solar Panels Historic Market Size by Country
8.1.1 Latin America Floating Solar Panels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Floating Solar Panels Sales in Volume by Country (2018-2023)
8.1.3 Latin America Floating Solar Panels Sales in Value by Country (2018-2023)
8.2 Latin America Floating Solar Panels Forecasted Market Size by Country
8.2.1 Latin America Floating Solar Panels Sales in Volume by Country (2024-2029)
8.2.2 Latin America Floating Solar Panels Sales in Value by Country (2024-2029)
9 Middle East and Africa Floating Solar Panels by Country
9.1 Middle East and Africa Floating Solar Panels Historic Market Size by Country
9.1.1 Middle East and Africa Floating Solar Panels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Floating Solar Panels Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Floating Solar Panels Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Floating Solar Panels Forecasted Market Size by Country
9.2.1 Middle East and Africa Floating Solar Panels Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Floating Solar Panels Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 GEITS
10.1.1 GEITS Company Information
10.1.2 GEITS Introduction and Business Overview
10.1.3 GEITS Floating Solar Panels Sales, Revenue and Gross Margin (2018-2023)
10.1.4 GEITS Floating Solar Panels Products Offered
10.1.5 GEITS Recent Development
10.2 SPG Solar
10.2.1 SPG Solar Company Information
10.2.2 SPG Solar Introduction and Business Overview
10.2.3 SPG Solar Floating Solar Panels Sales, Revenue and Gross Margin (2018-2023)
10.2.4 SPG Solar Floating Solar Panels Products Offered
10.2.5 SPG Solar Recent Development
10.3 Kyocera
10.3.1 Kyocera Company Information
10.3.2 Kyocera Introduction and Business Overview
10.3.3 Kyocera Floating Solar Panels Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Kyocera Floating Solar Panels Products Offered
10.3.5 Kyocera Recent Development
10.4 Japan Mega Solar Power
10.4.1 Japan Mega Solar Power Company Information
10.4.2 Japan Mega Solar Power Introduction and Business Overview
10.4.3 Japan Mega Solar Power Floating Solar Panels Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Japan Mega Solar Power Floating Solar Panels Products Offered
10.4.5 Japan Mega Solar Power Recent Development
10.5 Suntech Power
10.5.1 Suntech Power Company Information
10.5.2 Suntech Power Introduction and Business Overview
10.5.3 Suntech Power Floating Solar Panels Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Suntech Power Floating Solar Panels Products Offered
10.5.5 Suntech Power Recent Development
10.6 Trina Solar
10.6.1 Trina Solar Company Information
10.6.2 Trina Solar Introduction and Business Overview
10.6.3 Trina Solar Floating Solar Panels Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Trina Solar Floating Solar Panels Products Offered
10.6.5 Trina Solar Recent Development
10.7 Yingli Solar
10.7.1 Yingli Solar Company Information
10.7.2 Yingli Solar Introduction and Business Overview
10.7.3 Yingli Solar Floating Solar Panels Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Yingli Solar Floating Solar Panels Products Offered
10.7.5 Yingli Solar Recent Development
10.8 Sharp
10.8.1 Sharp Company Information
10.8.2 Sharp Introduction and Business Overview
10.8.3 Sharp Floating Solar Panels Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Sharp Floating Solar Panels Products Offered
10.8.5 Sharp Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Floating Solar Panels Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Floating Solar Panels Industrial Chain Analysis
11.4 Floating Solar Panels Market Dynamics
11.4.1 Floating Solar Panels Industry Trends
11.4.2 Floating Solar Panels Market Drivers
11.4.3 Floating Solar Panels Market Challenges
11.4.4 Floating Solar Panels Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Floating Solar Panels Distributors
12.3 Floating Solar Panels Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research