Floating solar panels Market Analysis, Trends, Growth and Forecast 2025

Posted by Faraz on February 8th, 2020

Global Floating Solar Panels Market is expected to reach US$ 842.0 Mn by 2023, expanding at a CAGR of +65% during the forecast period 2019 to 2025.

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.

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Major Key Players - Kyocera, Hanwha Solar One, Sharp, Canadian Solar, SunPower, REC Solar, Solarworld, Panasonic/Sanyo, Ciel & Terre, Solaris Synergy, Renesola, JA Solar, Motech, Gintech, LDK Solar, GCL Poly, Suntech, Yingli Solar, Trina Solar

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

By the product type, the market is primarily split into

•          Tracking Floating Solar Panels
•          Stationary Floating Solar Panels

By the end users/application, this report covers the following segments

•          Residential
•          Commercial
•          Other

The report titled "Floating solar panels Market - Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast - 2019 - 2025" offers overview of the Floating solar panels industry covering market definitions, product classifications, and key vendors in the industry chain structure. The quantitative and qualitative analysis is provided for the global Floating solar panels   Market considering competitive landscape, current market trends, and key driving factors prevailing in the Floating solar panels   industry.

A full report of Global Floating solar panels Market is available at: https://www.orionmarketreports.com/floating-solar-panels-2-market/23754/

Scope of the Report

The research study analyzes the global Floating solar panels industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

•          Market Overview and growth analysis
•          Import and Export Overview
•          Volume Analysis
•          Current Market Trends and Future Outlook
•          Market Opportunistic and Attractive Investment Segment

Geographic Coverage

•          North America Market Size and/or Volume
•          Latin America Market Size and/or Volume
•          Europe Market Size and/or Volume
•          Asia-Pacific Market Size and/or Volume
•          Rest of the world Market Size and/or Volume

Key Questions Answered by Floating solar panels Market Report

1.       What was the Floating solar panels Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
2.       What will be the CAGR of Floating solar panels Market during the forecast period (2019-2025)?
3.       Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2019-2025).
4.       Which manufacturer/vendor/players in the Floating solar panels Market was the market leader in 2018?
5.       Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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