Floating Solar Panels

Floating Solar Panels

Global Floating Solar Panels Market to Reach 6000 MW by 2027
In the changed post COVID-19 business landscape, global market for Floating Solar Panels estimated at 785 MW in the year 2020 is projected to reach a revised size of 6000 MW by 2027, growing at a CAGR of 33.7% over the analysis period 2020-2027. Stationary Panels, one of the segments analyzed in the report, is projected to record a 34.7% CAGR and reach more than 4000 MW by the end of the analysis period.

The Asia-Pacific Market is Estimated at 488 MW, While China is Forecast to Grow at more than 55% CAGRFloating Solar Panels market in Asia-Pacific is estimated at 488 MW in the year 2020 and is forecast to reach more than 3000 MW growing at a CAGR of more than 30% over the analysis period. China is forecast to reach a projected market size of more than 1000 MW by the year 2027 trailing a CAGR of more than 55% over the analysis period 2020-2027.

Select Competitors (Total 43 Featured) -

  • Ciel & Terre international
  • GCL-SI
  • Hanwha Group.
  • JA SOLAR Technology Co.,Ltd.
  • JinkoSolar Holding Co., Ltd.
  • KYOCERA Corporation
  • LONGi Solar
  • Ocean Sun AS
  • QuantSolar
  • SUNGROW
  • Swimsol GmbH
  • Tata Power Solar Systems Ltd.
  • Topper Floating Solar PV Mounting Manufacturer Co. Ltd.
  • Trina Solar
  • Vikram Solar Limited
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I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
The Race Between the Virus & Vaccines Intensifies. Amidst this Chaotic Battle, Where is the World Economy Headed?
Progress on Vaccinations: Why Should Businesses Care?
With IMF’s Upward Revision of Global GDP Forecasts, Most Companies are Bullish about an Economic Comeback Despite a Continuing Pandemic
A Strong Yet Exceedingly Patchy & Uncertain Recovery Shaped by New Variants Comes Into Play: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
Easing Unemployment Levels in 2021 Although Moderate Will Infuse Hope for Industries Reliant on Consumer Discretionary Incomes: Global Number of Unemployed People (In Million) for Years 2019, 2020, 2021, and 2022
How the Clean Technologies Industry is Impacted by the Pandemic & What’s the New Normal?
Global Clean Technologies Market Reset & Trajectory - Growth Outlook (In %) for Years 2019 through 2025
A Green Recovery is On the Agenda for Most Countries Worldwide: The New Normal in Global Clean Technologies Market by Major Geographies Analyzed by Annual % Growth for Years 2019 through 2025
COVID-19 Sharpens the Focus on the Environment
What’s In-Store for Renewable Resources?
Recommendations for the Power & Energy Sector in the Post-Pandemic Era
Floating Solar Panels – Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Floating Photovoltaic (FPV) Systems: A Prelude
An Introduction to Floating Solar Panels
History and the Future
Floating PVs: More Advantages over Land-Based Systems
Global Market Prospects & Outlook
Analysis by Type
World Floating Solar Panels Market by Type (2021 & 2027): Percentage Breakdown of Demand for Stationary, and Tracking
Regional Analysis
World Floating Solar Panels Market - Geographic Regions Ranked by CAGR (Volume) for 2020-2027: China, Asia-Pacific, Europe, USA, and Rest of World
Asia: The Juggernaut
Japan: The Leader in Floating Solar Power Generation
China Launches the World’s Biggest Floating Solar Plant
India Commissions the Country’s Largest Floating Solar Power Plant
Thailand’s ‘Largest’ Project is Up and Running
The US Solar Power Industry Looking Up To FPVs
Competitive Scenario
Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Floating Solar Panels Technology: Highly Efficient than Land Based Solar Plants
Environmental Concerns and Floating Solar
Domestic Targets for Greenhouse Gas Emissions of Select Regions/Countries
Global CO2 Emissions: Percentage Breakdown of Volume Emissions by Fuel Type (2015, 2020, 2040 & 2050)
Significance of Floating Solar Power Plants in Cooling Down Lakes in the face of Climate Change
Floating Solar Panels and the Use of Reservoirs and Manmade Water Bodies
Floating Solar System Plays Pivotal Role in Cleaning Water
Offshore Floating Solar: A Potential Solar Energy Generation Medium in High Seas
Growing Focus on Renewable Energy: A Strong Growth Driver
Government Boost to Solar Energy Adoption to Spur Market Momentum
Global Investments (US$ Billion) in Renewable Energy by Source: 2018
Leading Countries with Renewable Energy as % of Total Energy
Targets for Electricity Production from Renewable Energy Sources in Select Countries
Estimated Global Power Generation Infrastructure Requirement (in US$ Billion) for China, India, Latin America, and North America over the Period 2010-2030
Robust Demand for Electricity Closer to the Point of Consumption Drives Proliferation of FPVs
Projected Global Demand for Electricity (MWh): 2015, 2020, 2025, 2030 & 2035
Global Primary Energy Consumption (Billion toe): Growth Trajectory for the Period 1990-2040
Global Energy Consumption (Billion toe) by Country/Region (1995, 2017 and 2040): Breakdown for USA, China, India, Russia, Brazil, EU, Middle East and Rest of World
Microgrids and Distributed Generation Transform Electricity Management Forever
Global Distributed Generation Capacity in Microgrids by Type (2021): Percentage Breakdown of Capacity Installations for Diesel Generators, Fuel cells, Natural Gas Generators, Small Wind Turbines, Solar PV Systems, and Others
Distributed Generation Complemented with FPVs: Futuristic Enabler of Smart Cities
Number of Smart Cities Worldwide by Geographic Region (2025E)
Favorable Demographic and Urbanization Trends Strengthens Market Prospects
World Population by Geographic Region (2000-2050) (in Millions)
Rapid Urbanization: A Mega Growth Driver for Floating Solar Panels
World Population Urbanization Rate (%) by Region/Country: 2016 & 2040
Challenges and Issues
Challenges Faced by Designers of Floating Solar Panels
Installation of Floating PVs versus Other Photovoltaic Systems
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: World Recent Past, Current & Future Analysis for Floating Solar Panels by Geographic Region - USA, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Demand in MW for Years 2020 through 2027 and % CAGR
TABLE 2: World 7-Year Perspective for Floating Solar Panels by Geographic Region - Percentage Breakdown of Volume Demand for USA, China, Europe, Asia-Pacific and Rest of World Markets for Years 2021 & 2027
TABLE 3: World Recent Past, Current & Future Analysis for Stationary by Geographic Region - USA, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Demand in MW for Years 2020 through 2027 and % CAGR
TABLE 4: World 7-Year Perspective for Stationary by Geographic Region - Percentage Breakdown of Volume Demand for USA, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
TABLE 5: World Recent Past, Current & Future Analysis for Tracking by Geographic Region - USA, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Demand in MW for Years 2020 through 2027 and % CAGR
TABLE 6: World 7-Year Perspective for Tracking by Geographic Region - Percentage Breakdown of Volume Demand for USA, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
III. MARKET ANALYSIS
UNITED STATES
Floating Solar Panels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
TABLE 7: USA Recent Past, Current & Future Analysis for Floating Solar Panels by Type - Stationary and Tracking - Independent Analysis of Annual Demand in MW for the Years 2020 through 2027 and % CAGR
TABLE 8: USA 7-Year Perspective for Floating Solar Panels by Type - Percentage Breakdown of Volume Demand for Stationary and Tracking for the Years 2021 & 2027
CHINA
Floating Solar Panels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
TABLE 9: China Recent Past, Current & Future Analysis for Floating Solar Panels by Type - Stationary and Tracking - Independent Analysis of Annual Demand in MW for the Years 2020 through 2027 and % CAGR
TABLE 10: China 7-Year Perspective for Floating Solar Panels by Type - Percentage Breakdown of Volume Demand for Stationary and Tracking for the Years 2021 & 2027
EUROPE
Floating Solar Panels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
TABLE 11: Europe Recent Past, Current & Future Analysis for Floating Solar Panels by Geographic Region - Netherlands and Rest of Europe Markets - Independent Analysis of Annual Demand in MW for Years 2020 through 2027 and % CAGR
TABLE 12: Europe 7-Year Perspective for Floating Solar Panels by Geographic Region - Percentage Breakdown of Volume Demand for Netherlands and Rest of Europe Markets for Years 2021 & 2027
TABLE 13: Europe Recent Past, Current & Future Analysis for Floating Solar Panels by Type - Stationary and Tracking - Independent Analysis of Annual Demand in MW for the Years 2020 through 2027 and % CAGR
TABLE 14: Europe 7-Year Perspective for Floating Solar Panels by Type - Percentage Breakdown of Volume Demand for Stationary and Tracking for the Years 2021 & 2027
NETHERLANDS
TABLE 15: Netherlands Recent Past, Current & Future Analysis for Floating Solar Panels by Type - Stationary and Tracking - Independent Analysis of Annual Demand in MW for the Years 2020 through 2027 and % CAGR
TABLE 16: Netherlands 7-Year Perspective for Floating Solar Panels by Type - Percentage Breakdown of Volume Demand for Stationary and Tracking for the Years 2021 & 2027
REST OF EUROPE
TABLE 17: Rest of Europe Recent Past, Current & Future Analysis for Floating Solar Panels by Type - Stationary and Tracking - Independent Analysis of Annual Demand in MW for the Years 2020 through 2027 and % CAGR
TABLE 18: Rest of Europe 7-Year Perspective for Floating Solar Panels by Type - Percentage Breakdown of Volume Demand for Stationary and Tracking for the Years 2021 & 2027
ASIA-PACIFIC
Floating Solar Panels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
TABLE 19: Asia-Pacific Recent Past, Current & Future Analysis for Floating Solar Panels by Geographic Region - India, South Korea, Taiwan and Rest of Asia-Pacific Markets - Independent Analysis of Annual Demand in MW for Years 2020 through 2027 and % CAGR
TABLE 20: Asia-Pacific 7-Year Perspective for Floating Solar Panels by Geographic Region - Percentage Breakdown of Volume Demand for India, South Korea, Taiwan and Rest of Asia-Pacific Markets for Years 2021 & 2027
TABLE 21: Asia-Pacific Recent Past, Current & Future Analysis for Floating Solar Panels by Type - Stationary and Tracking - Independent Analysis of Annual Demand in MW for the Years 2020 through 2027 and % CAGR
TABLE 22: Asia-Pacific 7-Year Perspective for Floating Solar Panels by Type - Percentage Breakdown of Volume Demand for Stationary and Tracking for the Years 2021 & 2027
INDIA
Floating Solar Panels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2022 (E)
TABLE 23: India Recent Past, Current & Future Analysis for Floating Solar Panels by Type - Stationary and Tracking - Independent Analysis of Annual Demand in MW for the Years 2020 through 2027 and % CAGR
TABLE 24: India 7-Year Perspective for Floating Solar Panels by Type - Percentage Breakdown of Volume Demand for Stationary and Tracking for the Years 2021 & 2027
SOUTH KOREA
TABLE 25: South Korea Recent Past, Current & Future Analysis for Floating Solar Panels by Type - Stationary and Tracking - Independent Analysis of Annual Demand in MW for the Years 2020 through 2027 and % CAGR
TABLE 26: South Korea 7-Year Perspective for Floating Solar Panels by Type - Percentage Breakdown of Volume Demand for Stationary and Tracking for the Years 2021 & 2027
TAIWAN
TABLE 27: Taiwan Recent Past, Current & Future Analysis for Floating Solar Panels by Type - Stationary and Tracking - Independent Analysis of Annual Demand in MW for the Years 2020 through 2027 and % CAGR
TABLE 28: Taiwan 7-Year Perspective for Floating Solar Panels by Type - Percentage Breakdown of Volume Demand for Stationary and Tracking for the Years 2021 & 2027
REST OF ASIA-PACIFIC
TABLE 29: Rest of Asia-Pacific Recent Past, Current & Future Analysis for Floating Solar Panels by Type - Stationary and Tracking - Independent Analysis of Annual Demand in MW for the Years 2020 through 2027 and % CAGR
TABLE 30: Rest of Asia-Pacific 7-Year Perspective for Floating Solar Panels by Type - Percentage Breakdown of Volume Demand for Stationary and Tracking for the Years 2021 & 2027
REST OF WORLD
TABLE 31: Rest of World Recent Past, Current & Future Analysis for Floating Solar Panels by Type - Stationary and Tracking - Independent Analysis of Annual Demand in MW for the Years 2020 through 2027 and % CAGR
TABLE 32: Rest of World 7-Year Perspective for Floating Solar Panels by Type - Percentage Breakdown of Volume Demand for Stationary and Tracking for the Years 2021 & 2027
IV. COMPETITION
Total Companies Profiled: 43

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