Global Floating Solar Photovoltaic Panels Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Floating Solar Photovoltaic Panels market size was valued at US$ 446 million in 2024 and is forecast to a readjusted size of USD 613 million by 2031 with a CAGR of 4.8% during review period.

Floating Solar Arrays are photovoltaic (PV) power systems installed on bodies of water, such as lakes, reservoirs, ponds, and even nearshore coastal areas. These systems consist of solar panels mounted on floating platforms, which are anchored to prevent drifting. Floating solar technology offers several advantages, including reduced land usage, higher energy efficiency due to water cooling effects, and minimized water evaporation. They are particularly beneficial for regions with limited land availability, such as urban areas and islands, and can be integrated with existing hydropower plants for hybrid renewable energy generation. Challenges include higher installation costs, potential environmental impact, and durability concerns due to water exposure, but advancements in floating PV technology are rapidly improving performance and scalability.

This report is a detailed and comprehensive analysis for global Floating Solar Photovoltaic Panels market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Floating Solar Photovoltaic Panels market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Floating Solar Photovoltaic Panels market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Floating Solar Photovoltaic Panels market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Floating Solar Photovoltaic Panels market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Floating Solar Photovoltaic Panels

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Floating Solar Photovoltaic Panels market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include D3Energy, SCOTRA, Ciel & Terre, SolarDuck, REC Solar, Trina Solar, Tata Power Solar, Akuo Energy, Hanwha Group, BayWa re, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Floating Solar Photovoltaic Panels market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Fixed
Mobile

Market segment by Application
Onshore
Offshore

Major players covered
D3Energy
SCOTRA
Ciel & Terre
SolarDuck
REC Solar
Trina Solar
Tata Power Solar
Akuo Energy
Hanwha Group
BayWa re
LS Electric Co., Ltd.
Pristine Sun
Sinovoltaics
Ocean Sun
HelioRec
Hartek Solar
Waaree Energies Ltd
Isigenere
Swimsol
JA Solar Technology
Sungrow Power Supply
Risen Energy

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Floating Solar Photovoltaic Panels product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Floating Solar Photovoltaic Panels, with price, sales quantity, revenue, and global market share of Floating Solar Photovoltaic Panels from 2020 to 2025.

Chapter 3, the Floating Solar Photovoltaic Panels competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Floating Solar Photovoltaic Panels breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Floating Solar Photovoltaic Panels market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Floating Solar Photovoltaic Panels.

Chapter 14 and 15, to describe Floating Solar Photovoltaic Panels sales channel, distributors, customers, research findings and conclusion.