Global Floating Solar System Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Floating Solar System Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Floating solar or floating photovoltaics (FPV), sometimes called floatovoltaics, is solar panels mounted on a structure that floats on a body of water, typically a reservoir or a lake. Floating solar systems help landowners benefit from otherwise underused bodies of water, such as coal quarries, mineral extraction pits or reservoirs. As opposed to conventional rooftop solar panels, floating ones perform between 5% to 15% better because of the cooling effect of the water, and are not impacted by shading from other buildings.

According to our (Global Info Research) latest study, the global Floating Solar System market size was valued at US$ 355 million in 2023 and is forecast to a readjusted size of USD 905 million by 2030 with a CAGR of 14.4% during review period.

Global key floating solar system players include Sungrow, Ciel and Terre and BayWa r.e. etc. The top 3 companies hold a share about 59%. Asia-Pacific is the largest market with a share about 81%, followed by Europe and South America.

In terms of product, PV Modules is the largest segment with a share about 44%. And in terms of applications, the largest application is utility with a share about 87%.

This report is a detailed and comprehensive analysis for global Floating Solar System market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Floating Solar System market size and forecasts, in consumption value ($ Million), 2019-2030

Global Floating Solar System market size and forecasts by region and country, in consumption value ($ Million), 2019-2030

Global Floating Solar System market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030

Global Floating Solar System market shares of main players, in revenue ($ Million), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Floating Solar System

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Floating Solar System market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Sungrow, Ciel and Terre, BayWa r.e., LS Electric Co., Ltd., Trina Solar, Ocean Sun, Adtech Systems, Waaree Energies Ltd, Isigenere (Isifloating), Swimsol, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

Floating Solar System market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segmentation

Floating Solar System market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
PV Modules
Floating Body and Anchoring System
Inverter
Others

Market segment by Application
Utility
Residential & Commercial

Market segment by players, this report covers
Sungrow
Ciel and Terre
BayWa r.e.
LS Electric Co., Ltd.
Trina Solar
Ocean Sun
Adtech Systems
Waaree Energies Ltd
Isigenere (Isifloating)
Swimsol
Yellow Tropus

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Floating Solar System product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Floating Solar System, with revenue, gross margin, and global market share of Floating Solar System from 2019 to 2024.

Chapter 3, the Floating Solar System competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Floating Solar System market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Floating Solar System.

Chapter 13, to describe Floating Solar System research findings and conclusion.