Floating Solar Panels Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027

Floating Solar Panels Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027

  • Transparency Market Research
  • May 2019
  • Energy
  • 185 pages

Report Description

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Introduction to Floating Solar Panels Market 

Floating solar plant or farm is an arrangement of photovoltaic solar panels on a structure that floats on a water body, which is generally a lake or reservoir.

Solar panels used in the construction of floating solar farms are known as floating solar panels. Floating solar is a new, cost-effective, and reliable renewable solution for utilizing idle water surfaces of reservoirs or lakes to produce renewable solar power.

Floating solar power plant systems typically generate more electricity than ground-mount and rooftop systems due to the cooling effect of the water.

Floating Solar Panels Market Dynamics 

The report comprises detailed value chain analysis, which provides a comprehensive view of the global floating solar panels market. The Porter’s Five Forces model for the floating solar panels market has also been included to help understand the completive landscape of the market. The study encompasses market attractiveness analysis, wherein type and capacity segments have been benchmarked based on their market size, growth rate, and general attractiveness. 

Floating Solar Panels Market - Segmentation (Type, Capacity, Region, and Country)

The study provides a decisive view of the global floating solar panels market by segmenting it in terms of type, capacity, and region. These segments have been analyzed based on the present and future trends. Regional segmentation includes the current and forecast demand for floating solar panels in Americas, Europe, Asia Pacific and Rest of the World. 

Based on type, the floating solar panels market has been classified into stationary floating solar panels and solar-tracking floating solar panels. Stationary floating solar PV systems are installed on the water surface. PV panels float on a structure that floats on a water body. 

The entire system contains a series of solar panels, aluminum frames, cables, and invertors. Solar-tracking floating solar system consists of machinery, a tracking system, and panels. The panels are supported on pivoting platforms and wheels powered by a motorized drive to move the frames and platforms along circular channels. 

Solar panel-tracking solutions is an advanced technology for mounting photovoltaic panels. In terms of capacity, the global floating solar panels market has been divided into up to 1MW, 1MW - 5MW, and above 5MW. 

Based on region, the global floating solar panels market has been segregated into the Americas, Europe, Asia Pacific, and Rest of World. Asia Pacific dominated the global floating solar panels market in 2018. It was followed by Europe and the Americas.

The floating solar panels market in Rest of World is estimated to expand at a fast pace during the forecast period.

Demand for floating solar panels in Asia Pacific is rising at a significant pace due to the growth in investment in sources of renewable energy in the region. 

Research Methodology

The report analyzes and forecasts the floating solar panels market at global, regional, and country levels. The market has been forecasted in terms of value (US$ Mn) and volume (KW) for the period from 2019 to 2027. The study includes drivers and restraints of the global floating solar panels market. It covers the anticipated impact of these drivers and restraints on the demand for floating solar panels during the forecast period. 

The report highlights opportunities for the floating solar panels market at global and regional levels. In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report. Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents of key players operating in various application areas have been reviewed for competition analysis and market understanding. 

Secondary research also includes recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. These have proved to be reliable, effective, and successful approaches for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities. 

Floating Solar Panels Market-Competition Landscape 

The study includes profiles of major companies operating in the global floating solar panels market. Key players profiled in the report include

  • Sharp Corporation
  • Trina Solar Limited
  • KYOCERA Corporation
  • JA Solar Co. Ltd.
  • Yingli Solar
  • SPG Solar, Inc.
  • Ciel & Terre International
  • NOVATON AG
  • Solaris Synergy

Awareness about solar power and subsidies on installation of solar power are likely to drive the market. Market leaders are adopting measures such as strategic pricing and product improvement to increase their market share. 

Global Floating Solar Panels Market, by Type

  • Stationary Floating Solar Panels
  • Solar-Tracking Floating Solar Panels

 Global Floating Solar Panels Market, by Capacity

  • Up to 1MW
  • 1MW - 5MW
  • Above 5MW

Global Floating Solar Panels Market, by Region

  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
  • Americas
  • U.S.
  • Brazil
  • Rest of Americas
  • Europe
  • U.K.
  • Netherlands
  • Rest of Europe
  • Rest of the World 

Key Takeaways

  • Extensive analysis of market trends from 2018 to 2027 to identify growth opportunities and market developments
  • Comparative analysis of various applications, wherein floating solar panels are utilized
  • Identification of key factors useful to build a roadmap of growth opportunities for the floating solar panels market at global, regional, and country levels
  • Comprehensive analysis with respect to investments and regulatory scenario that would subsequently impact the outlook and forecast for the global floating solar panels market between 2019 and 2027
  • Detailed competitive landscape of key players operating in the market to help understand the competition level
  • Detailed pricing analysis from 2018 to 2027
  • Porter’s Five Forces analysis that highlights the power of buyers and suppliers 

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1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights

2. Assumptions and Research Methodology
2.1. Assumptions and Acronyms Used
2.2. Research Methodology

3. Executive Summary: Global Floating Solar Panels Market
3.1. Market Value & Volume, Indicative (US$ Mn & KW)
3.2. Top Three Trends

4. Market Overview
4.1. Product Overview
4.2. Key Market Developments
4.3. Market Indicators

5. Market Dynamics
5.1. Drivers and Restraints Snapshot Analysis
5.1.1. Drivers
5.1.2. Restraints
5.1.3. Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Threat of Substitutes
5.2.2. Bargaining Power of Buyers
5.2.3. Bargaining Power of Suppliers
5.2.4. Threat of New Entrants
5.2.5. Degree of Competition
5.3. Value Chain Analysis
5.4. List of Potential Suppliers
5.5. List of Potential Customers
5.6. List of Manufacturers

List of Table:
Table 01: Global Floating Solar Panels Market Volume (KW) Forecast, by Type, 2018–2027
Table 02: Global Floating Solar Panels Market Value (US$ Mn) Forecast, by Type, 2018–2027
Table 03: Global Floating Solar Panels Market Volume (KW) Forecast, by Capacity, 2018–2027
Table 04: Global Floating Solar Panels Market Value (US$ Mn) Forecast, by Capacity, 2018–2027
Table 05: Global Floating Solar Panels Market Volume (KW) Forecast, by Region, 2018–2027
Table 06: Global Floating Solar Panels Market Value (US$ Mn) Forecast, by Region, 2018–2027
Table 07: Americas Floating Solar Panels Market Volume (KW) Forecast, by Type, 2018–2027
Table 08: Americas Floating Solar Panels Market Value (US$ Mn) Forecast, by Type, 2018–2027
Table 09: Americas Floating Solar Panels Market Volume (KW) Forecast, by Capacity, 2018–2027
Table 10: Americas Floating Solar Panels Market Value (US$ Mn) Forecast, by Capacity, 2018–2027
Table 11: Americas Floating Solar Panels Market Volume (KW) Forecast, by Capacity, 2018–2027
Table 12: Americas Floating Solar Panels Market Value (US$ Mn) Forecast, by Capacity, 2018–2027
Table 13: U.S. Floating Solar Panels Market Volume (KW) Forecast, by Type, 2018–2027
Table 14: U.S. Floating Solar Panels Market Value (US$ Mn) Forecast, by Type, 2018–2027
Table 15: U.S. Floating Solar Panels Market Volume (KW) Forecast, by Capacity, 2018–2027
Table 16: U.S. Floating Solar Panels Market Value (US$ Mn) Forecast, by Capacity, 2018–2027
Table 17: Brazil Floating Solar Panels Market Volume (KW) Forecast, by Type, 2018–2027
Table 18: Brazil Floating Solar Panels Market Value (US$ Mn) Forecast, by Type, 2018–2027
Table 19: Brazil Floating Solar Panels Market Volume (KW) Forecast, by Capacity, 2018–2027
Table 20: Brazil Floating Solar Panels Market Value (US$ Mn) Forecast, by Capacity, 2018–2027
Table 21: Rest Of Americas Floating Solar Panels Market Volume (KW) Forecast, by Type, 2018–2027
Table 22: Rest Of Americas Floating Solar Panels Market Value (US$ Mn) Forecast, by Type, 2018–2027
Table 23: Rest Of Americas Floating Solar Panels Market Volume (KW) Forecast, by Capacity, 2018–2027
Table 24: Rest Of Americas Floating Solar Panels Market Value (US$ Mn) Forecast, by Capacity, 2018–2027
Table 25: Europe Floating Solar Panels Market Volume (KW) Forecast, by Type, 2018–2027
Table 26: Europe Floating Solar Panels Market Value (US$ Mn) Forecast, by Type, 2018–2027
Table 27: Europe Floating Solar Panels Market Volume (KW) Forecast, by Capacity, 2018–2027
Table 28: Europe Floating Solar Panels Market Value (US$ Mn) Forecast, by Capacity, 2018–2027
Table 29: Europe Floating Solar Panels Market Volume (KW) Forecast, by Capacity, 2018–2027
Table 30: Europe Floating Solar Panels Market Value (US$ Mn) Forecast, by Capacity, 2018–2027
Table 31: UK Floating Solar Panels Market Volume (KW) Forecast, by Type, 2018–2027
Table 32: UK Floating Solar Panels Market Value (US$ Mn) Forecast, by Type, 2018–2027
Table 33: UK Floating Solar Panels Market Volume (KW) Forecast, by Capacity, 2018–2027
Table 34: UK Floating Solar Panels Market Value (US$ Mn) Forecast, by Capacity, 2018–2027
Table 35: Netherlands Floating Solar Panels Market Volume (KW) Forecast, by Type, 2018–2027
Table 36: Netherlands Floating Solar Panels Market Value (US$ Mn) Forecast, by Type, 2018–2027
Table 37: Netherlands Floating Solar Panels Market Volume (KW) Forecast, by Capacity, 2018–2027
Table 38: Netherlands Floating Solar Panels Market Value (US$ Mn) Forecast, by Capacity, 2018–2027
Table 39: Rest of Europe Floating Solar Panels Market Volume (KW) Forecast, by Type, 2018–2027
Table 40: Rest of Europe Floating Solar Panels Market Value (US$ Mn) Forecast, by Type, 2018–2027
Table 41: Rest of Europe Floating Solar Panels Market Volume (KW) Forecast, by Capacity, 2018–2027
Table 42: Rest of Europe Floating Solar Panels Market Value (US$ Mn) Forecast, by Capacity, 2018–2027
Table 43: Asia Pacific Floating Solar Panels Market Volume (KW) Forecast, by Type, 2018–2027
Table 44: Asia Pacific Floating Solar Panels Market Value (US$ Mn) Forecast, by Type, 2018–2027
Table 45: Asia Pacific Floating Solar Panels Market Volume (KW) Forecast, by Capacity, 2018–2027
Table 46: Asia Pacific Floating Solar Panels Market Value (US$ Mn) Forecast, by Capacity, 2018–2027
Table 47: Asia Pacific Floating Solar Panels Market Volume (KW) Forecast, by Capacity, 2018–2027
Table 48: Asia Pacific Floating Solar Panels Market Value (US$ Mn) Forecast, by Capacity, 2018–2027
Table 49: China Floating Solar Panels Market Volume (KW) Forecast, by Type, 2018–2027
Table 50: China Floating Solar Panels Market Value (US$ Mn) Forecast, by Type, 2018–2027
Table 51: China Floating Solar Panels Market Volume (KW) Forecast, by Capacity, 2018–2027
Table 52: China Floating Solar Panels Market Value (US$ Mn) Forecast, by Capacity, 2018–2027
Table 53: Japan Floating Solar Panels Market Volume (KW) Forecast, by Type, 2018–2027
Table 54: Japan Floating Solar Panels Market Value (US$ Mn) Forecast, by Type, 2018–2027
Table 55: Japan Floating Solar Panels Market Volume (KW) Forecast, by Capacity, 2018–2027
Table 56: Japan Floating Solar Panels Market Value (US$ Mn) Forecast, by Capacity, 2018–2027
Table 57: India Floating Solar Panels Market Volume (KW) Forecast, by Type, 2018–2027
Table 58: India Floating Solar Panels Market Value (US$ Mn) Forecast, by Type, 2018–2027
Table 59: India Floating Solar Panels Market Volume (KW) Forecast, by Capacity, 2018–2027
Table 60: India Floating Solar Panels Market Value (US$ Mn) Forecast, by Capacity, 2018–2027
Table 61: South Korea Floating Solar Panels Market Volume (KW) Forecast, by Type, 2018–2027
Table 62: South Korea Floating Solar Panels Market Value (US$ Mn) Forecast, by Type, 2018–2027
Table 63: South Korea Floating Solar Panels Market Volume (KW) Forecast, by Capacity, 2018–2027
Table 64: South Korea Floating Solar Panels Market Value (US$ Mn) Forecast, by Capacity, 2018–2027
Table 65: Rest of Asia Pacific Floating Solar Panels Market Volume (KW) Forecast, by Type, 2018–2027
Table 66: Rest of Asia Pacific Floating Solar Panels Market Value (US$ Mn) Forecast, by Type, 2018–2027
Table 67: Rest of Asia Pacific Floating Solar Panels Market Volume (KW) Forecast, by Capacity, 2018–2027
Table 68: Rest of Asia Pacific Floating Solar Panels Market Value (US$ Mn) Forecast, by Capacity, 2018–2027
Table 69: Rest of the World Floating Solar Panels Market Volume (KW) Forecast, by Type, 2018–2027
Table 70: Rest of the World Floating Solar Panels Market Value (US$ Mn) Forecast, by Type, 2018–2027
Table 71: Rest of the World Floating Solar Panels Market Volume (KW) Forecast, by Capacity, 2018–2027
Table 72: Rest of the World Floating Solar Panels Market Value (US$ Mn) Forecast, by Capacity, 2018–2027

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