Global Floating Photovoltaic Systems Market Growth 2025-2031

The global Floating Photovoltaic Systems market size is predicted to grow from US$ 276 million in 2025 to US$ 406 million in 2031; it is expected to grow at a CAGR of 6.6% from 2025 to 2031.

A floating solar photovoltaic (FPV) system is an emerging technology in which a solar photovoltaic (PV) system is placed directly on top of a body of water, as opposed to on land or on building rooftops.

United States market for Floating Photovoltaic Systems is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Floating Photovoltaic Systems is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Floating Photovoltaic Systems is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Floating Photovoltaic Systems players cover Sungrow, Ciel & Terre, BayWa r.e., LS Electric, Trina Solar, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Floating Photovoltaic Systems Industry Forecast” looks at past sales and reviews total world Floating Photovoltaic Systems sales in 2024, providing a comprehensive analysis by region and market sector of projected Floating Photovoltaic Systems sales for 2025 through 2031. With Floating Photovoltaic Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Floating Photovoltaic Systems industry.

This Insight Report provides a comprehensive analysis of the global Floating Photovoltaic Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Floating Photovoltaic Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Floating Photovoltaic Systems market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Floating Photovoltaic Systems and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Floating Photovoltaic Systems.

This report presents a comprehensive overview, market shares, and growth opportunities of Floating Photovoltaic Systems market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
PV Modules
Floating Body and Anchoring System
Inverter
Others

Segmentation by Application:
Utilities
Residential
Commercial

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Sungrow
Ciel & Terre
BayWa r.e.
LS Electric
Trina Solar
Ocean Sun
Adtech Systems
Waaree Group
Isigenere
Swimsol
Yellow Tropus

Key Questions Addressed in this Report

What is the 10-year outlook for the global Floating Photovoltaic Systems market?

What factors are driving Floating Photovoltaic Systems market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Floating Photovoltaic Systems market opportunities vary by end market size?

How does Floating Photovoltaic Systems break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.