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Global Floating Solar Panels Market 2018-2022

Global Floating Solar Panels Market 2018-2022

About Floating Solar Panels

Floating solar panels are also referred as floating solar farms or floating solar arrays, referring to an array of photovoltaic (PV) panels on a structure that floats on a water body typically a lake or a reservoir. A floating solar panel system built on water conserves land space increases the overall efficiency of the solar panel, and provides several environmental benefits, including reduced evaporation of water.

Technavio’s analysts forecast the global floating solar panels market to grow at a CAGR of 31.16% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global floating solar panels market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of floating solar panels.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Floating Solar Panels Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • KYOCERA
  • Solaris Synergy
  • Trina Solar
  • Yingli Solar
Market driver
  • Growing investments in renewable energy
  • For a full, detailed list, view our report
Market trend
  • increasing conversion efficiency of solar PVs
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Floating Solar Panels Market 2018-2022

Technavio recognizes the following companies as the key players in the global floating solar panels market: KYOCERA, Solaris Synergy, Trina Solar, and Yingli Solar.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is increasing conversion efficiency of solar PVs. Though solar energy is a clean source of energy, its conversion efficiency when compared to the other sources is quite low. This is inducing solar panel companies to focus more on improving the efficiency of solar panels. Panasonic has already introduced a new series of solar panels that have high efficiency than its older models. Since solar panels that operate at low temperatures have a higher efficiency, this need for enhancing the efficiency will drive the adoption of floating solar panels since they use water as a cooling medium.”

According to the report, one of the major drivers for this market is growing investments in renewable energy. The recent years witnessed a significant shift in preference towards power generation from renewable sources such as wind and solar and it has been observed that the global investment in solar power was more than USD 100 billion in 2016. Owing to technological advancements that led to a reduction in the overall expenditure, there is a considerable decrease in costs required to manufacture PV system components. This will result in increased investments in renewable energy, which will subsequently augment the growth prospects of this solar panel market.

Companies Mentioned

KYOCERA, Solaris Synergy, Trina Solar, and Yingli Solar.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global solar PV systems market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global - Market size and forecast 2017-2022 (MW)
      • Table Global - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by product
    • Segmentation by product
      • Table Product - Market share 2017-2022 (%)
    • Comparison by product
      • Table Comparison by product
    • Stationary floating solar panels - Market size and forecast 2017-2022
      • Table Stationary floating solar panels - Market size and forecast 2017-2022 (MW)
      • Table Stationary floating solar panels - Year-over-year growth 2018-2022 (%)
    • Tracking floating solar panels - Market size and forecast 2017-2022
      • Table Tracking floating solar panels - Market size and forecast 2017-2022 (MW)
      • Table Tracking floating solar panels - Year-over-year growth 2018-2022 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Regional - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • Key leading countries
      • Table Key leading countries
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 (MW)
      • Table APAC - Year-over-year growth 2018-2022 (%)
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 (MW)
      • Table Americas - Year-over-year growth 2018-2022 (%)
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 (MW)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global investments in renewable energy supply 2000-2016 ($ billions)
    • Market challenges
      • Table Power generation pattern by 1 kW solar PV module in a day
      • Table Energy consumption from renewable sources in US 2010-2016 (trillion Btu)
      • Table Global crude oil price 2012-2017 ($/bbl.)
  • Market trends
    • Increasing conversion efficiency of solar PVs
    • Emergence of smart cities
    • Hybrid floating solar power plants
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive Scenario
  • Vendor analysis
    • Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Ciel & Terre
      • Table Vendor overview
      • Table Ciel & Terre - Business segments
      • Table Ciel & Terre - Organizational developments
      • Table Ciel & Terre - Geographic focus
      • Table Ciel & Terre - Segment focus
      • Table Ciel & Terre - Key offerings
    • KYOCERA
      • Table Vendor overview
      • Table KYOCERA- Business segments
      • Table KYOCERA- Organizational developments
      • Table KYOCERA- Geographic focus
      • Table KYOCERA- Segment focus
      • Table KYOCERA- Key offerings
    • Solaris Synergy
      • Table Vendor overview
      • Table Solaris Synergy - Business segments
      • Table Solaris Synergy - Organizational developments
      • Table Solaris Synergy - Geographic focus
      • Table Solaris Synergy - Segment focus
      • Table Solaris Synergy - Key offerings
    • Trina Solar
      • Table Vendor overview
      • Table Trina Solar - Business segments
      • Table Trina Solar - Organizational developments
      • Table Trina Solar - Geographic focus
      • Table Trina Solar - Segment focus
      • Table Trina Solar - Key offerings
    • Yingli Solar
      • Table Vendor overview
      • Table Yingli Solar- Business segments
      • Table Yingli Solar - Organizational developments
      • Table Yingli Solar - Geographic focus
      • Table Yingli Solar - Segment focus
      • Table Yingli Solar - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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