Floating Solar Panels Market
Floating Solar Panels Market Global Industry Assessment & Forecast
#
Pages:
136
2021
Nov - 2021
VMR-2021-0846
Segments Covered
By
Product Photovoltaic, Concentrated Solar Power (CSP) & Concentrator Photovoltaics (CPV)
-
By
Application Residential, Commercial, Other
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
647.51 Million |
 Revenue 2028:
|
3002.94 Million |
 Revenue CAGR
(2021 - 2028): |
21.14 |
Fastest Growing Region (2022 -
2028)
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
The report delivers an acute breakdown of the market based on various segments such as Product, Application, , and region. All the segments are studied considering historical and future trends across geographies. All the segments are analyzed based on trends, market size, and forecast, and the data is provided for the years 2016–2028. Several growth factors and opportunities impacting various segments have been incorporated in the report.
On the basis of Product, the market is divided into Photovoltaic, Concentrated Solar Power (CSP) & Concentrator Photovoltaics (CPV). Photovoltaic held the largest share in 2020 and is projected to grow at a noteworthy CAGR within the forecast period.
Based on Application, the market is divided into Residential, Commercial, Other,. Commercial attributed to the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
Global Floating Solar Panels Market: Product Segment Analysis
-
- Photovoltaic
- Concentrated Solar Power (CSP) & Concentrator Photovoltaics (CPV)
Global Floating Solar Panels Market: Application Segment Analysis
-
- Residential
- Commercial
- Other
FAQ
Frequently Asked Question
What is the global demand for Floating Solar Panels in terms of revenue?
-
The global Floating Solar Panels valued at 647.51 Million in 2020 and is expected to reach 3002.94 Million in 2028 growing at a CAGR of 21.14%.
Which are the prominent players in the market?
-
The prominent players in the market are Renesola, Solarworld, Sharp, Yingli Solar, Canadian Solar, Kyocera, LDK Solar, Gintech, Panasonic/Sanyo, Motech, Suntech, SunPower, Hanwha Solar One, JA Solar, GCL Poly, REC Solar..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 21.14% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Floating Solar Panels include
- The increasing focus towards clean fuel power generation energy sources coupled with strict regulations to limit GHG emissions is anticipated to augment the growth of the global floating solar panels market over the forecast period.
- Additionally, the increased investments in renewable energy and rapid reduction in fossil fuel reserves has formed a need for the utilization of renewable sources of power generation is also expected to fuel the growth of the market in the near future.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Floating Solar Panels in 2020.
