PUBLISHER: TechNavio | PRODUCT CODE: 1915415
PUBLISHER: TechNavio | PRODUCT CODE: 1915415
The global floating solar panels market is forecasted to grow by USD 1041.7 mn during 2024-2029, accelerating at a CAGR of 18.9% during the forecast period. The report on the global floating solar panels market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for renewable energy and government support, land scarcity and efficient land use, technological advancements and improved efficiency.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 16.2% |
| CAGR | 18.9% |
| Incremental Value | $1041.7 mn |
Technavio's global floating solar panels market is segmented as below:
By Product
By Technology
By Capacity
Geography
This study identifies the proliferation of large scale and offshore projects as one of the prime reasons driving the global floating solar panels market growth during the next few years. Also, accelerated innovation in system components and technology and hybridization with other renewables and multifunctional water use will lead to sizable demand in the market.
The report on the global floating solar panels market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global floating solar panels market vendors that include Ciel and Terre International, GCL System Integration Technology Co. Ltd., Hanwha Group, JA Solar Technology Co. Ltd., JinkoSolar Holding Co. Ltd., KYOCERA Corp., LONGi Green Energy Technology Co. Ltd., Maxeon Solar Technologies Ltd., Ocean Sun AS, Pristine Sun Corp., Quant Solar, Sharp Corp., Sungrow FPV SCI and TECH Co. Ltd., Swimsol GmbH, Tata Power Co. Ltd., Topper Floating Solar PV Mounting Manufacturer Co. Ltd., Trina Solar Co. Ltd., Vari Pontoons Pvt. Ltd., Vikram Solar Ltd.. Also, the global floating solar panels market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.