Comprehensive Overview of the Floating Solar Panels Industry:
Maximise Market Research is a business consultancy firm that has provided a comprehensive analysis of the "Floating Solar Panels Market". The research covers essential business insights, demand analysis, pricing analysis, and the competitive landscape. The research thoroughly analyses the current condition of the Floating Solar Panels market and makes estimates for 2030.
The Estimated Growth of Floating Solar Panels Market:
Floating Solar Panels Market was valued at USD 2.09 Bn in 2023 and is expected to reach USD 5.87 Bn by 2030, at a CAGR of 15.9 percent during the forecast period.
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Market Dynamics:
Optimal Land Use and Multi-Use Benefits to Drive Floating Solar Panel Market Growth
Floating solar arrays maximise the usage of water surfaces, allowing for dual land use. By installing solar panels on bodies of water, valuable land is saved for other uses such as agriculture, urban development, and conservation. This multi-purpose benefit makes floating solar an appealing alternative, particularly in areas where land use issues are a concern.
Floating Solar Panels Market Scope and Methodology:
The paper explains the approach, which is based on descriptive research and uses SWOT analysis to deliver useful insights to investors. The report's key focus is a thorough examination of Floating Solar Panels market questionnaires and other methods, which are examined numerically, statistically, and mathematically, including data collecting and analysis to uncover Floating Solar Panels market trends through research.
Following a thorough analysis of the situation, the study concludes that the Floating Solar Panels market offers numerous prospects, including R&D activities, new industrial processes, unique forms of development, and Floating Solar Panels market consolidations and acquisitions. The research focuses on the leading players' strategy, portfolios, organisational structures, and insightful analysis. To identify market trends, a thorough SWOT analysis and PESTLE assessment were performed.
Floating Solar Panels Market Segmentation:
by Product
Stationary
Solar Tracking
Product Type: Stationary and Solar Tracking. Stationary category led the market in 2023 and is predicted to hold the highest Floating Solar Panels Market share during the forecast period. Floating solar panels, also known as floating photovoltaic (FPV) systems, are solar panels attached on a structure that floats on the water's surface, such as a lake, pond, reservoir, or other body of water. These systems provide various benefits, including effective land use, less water evaporation, and the possibility of higher energy production due to the chilling impact of the water.
by Location
On-Shore
Off-Shore
by Technology
Photovoltaic
Concentrated Solar Power (CSP)
Concentrator Photovoltaic (CPV)
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Floating Solar Panels Market Key Players:
Asia-Pacific:
1. Ciel & Terre International (France) (Hong Kong)
2. Sungrow Power Supply Co., Ltd. (China) (Hefei, China)
3. SPIC (State Power Investment Corporation, China) (Beijing, China)
4. Kyocera Corporation (Japan) (Kyoto, Japan)
5. Sharp Corporation (Japan) (Osaka, Japan)
6. SunMan Energy (Australia) (Sydney, Australia)
7. Trina Solar (China) (Changzhou, China)
8. PowerChina (China) (Beijing, China)
Europe:
9. BayWa r.e. (Germany) - Headquarters: Munich, Germany
10. Solaris Synergy (Israel) (Tel Aviv, Israel)
11. DNV GL (Norway) (Oslo, Norway)
12. Statkraft (Norway) (Oslo, Norway)
13. Ciel & Terre Deutschland GmbH (Germany) (Lünen, Germany)
North America:
14. D3Energy (Florida)
15. Floating Solar (United States) (San Francisco, United States)
16. Solaris Power Cells, Inc. (United States) (United States)
17. Infratech Industries (Canada) (Calgary, Canada)
Latin America:
18. Tecnoveritas (Portugal) (Lisbon, Portugal)
Africa:
19. Redavia (Germany) (Munich, Germany)
Global/International:
20. Ocean Sun (Norway) (Oslo, Norway)
21. Floating Power Plant A/S (Denmark) (Copenhagen, Denmark)
List of Contents : Floating Solar Panels Market
Part 01: Executive Summary
Part 02: Scope of the Floating Solar Panels Market Report
Part 03: Floating Solar Panels Market Landscape
Part 04: Floating Solar Panels Market Sizing
Part 05: Floating Solar Panels Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Floating Solar Panels Market Regional Insights:
This study looks at the Floating Solar Panels market in the following regions: North America (the United States, Canada, and Mexico); Europe (France, Spain, Germany, Italy, and other European countries); Asia-Pacific (China, Japan, India, Australia, South Korea, ASEAN countries, and other APAC countries); South America (Argentina, Brazil, and other South American countries); and the Middle East and Africa (South Africa, Egypt, and other MEA countries).
Key questions answered in the Floating Solar Panels Market are:
What is Floating Solar Panels?
What was the Floating Solar Panels market size in 2023?
Which are the factors expected to drive the Floating Solar Panels market growth?
What are the different segments of the Floating Solar Panels Market?
Who are the leading companies and what are their portfolios in Floating Solar Panels Market?
What growth strategies are the players considering to increase their presence in Floating Solar Panels?
What are the upcoming industry applications and trends for the Floating Solar Panels Market?
What will be the CAGR at which the Floating Solar Panels market will grow?
What current industry trends can be used to generate new revenue streams for the Floating Solar Panels Market?
What is the growth rate of the Floating Solar Panels Market?
What segments are included in the Floating Solar Panels Market?
Who are the leading players in the Floating Solar Panels market?
What are the primary difficulties and opportunities in the Floating Solar Panels market?
Which application holds the highest potential in the Floating Solar Panels market?
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