Global Floating Photovoltaic Systems Market Growth 2023-2029

Global Floating Photovoltaic Systems Market Growth 2023-2029

The global Floating Photovoltaic Systems market size is projected to grow from US$ 232.8 million in 2022 to US$ 365.1 million in 2029; it is expected to grow at a CAGR of 6.6% from 2023 to 2029.

United States market for Floating Photovoltaic Systems is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Floating Photovoltaic Systems is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Floating Photovoltaic Systems is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Floating Photovoltaic Systems players cover Sungrow, Ciel & Terre, BayWa r.e., LS Electric, Trina Solar, Ocean Sun, Adtech Systems, Waaree Group and Isigenere, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

A floating solar photovoltaic (FPV) system is an emerging technology in which a solar photovoltaic (PV) system is placed directly on top of a body of water, as opposed to on land or on building rooftops.

LPI (LP Information)' newest research report, the “Floating Photovoltaic Systems Industry Forecast” looks at past sales and reviews total world Floating Photovoltaic Systems sales in 2022, providing a comprehensive analysis by region and market sector of projected Floating Photovoltaic Systems sales for 2023 through 2029. With Floating Photovoltaic Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Floating Photovoltaic Systems industry.

This Insight Report provides a comprehensive analysis of the global Floating Photovoltaic Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Floating Photovoltaic Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Floating Photovoltaic Systems market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Floating Photovoltaic Systems and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Floating Photovoltaic Systems.

This report presents a comprehensive overview, market shares, and growth opportunities of Floating Photovoltaic Systems market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
PV Modules
Floating Body and Anchoring System
Inverter
Others

Segmentation by application
Utilities
Residential
Commercial

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Sungrow
Ciel & Terre
BayWa r.e.
LS Electric
Trina Solar
Ocean Sun
Adtech Systems
Waaree Group
Isigenere
Swimsol
Yellow Tropus

Key Questions Addressed in this Report

What is the 10-year outlook for the global Floating Photovoltaic Systems market?

What factors are driving Floating Photovoltaic Systems market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Floating Photovoltaic Systems market opportunities vary by end market size?

How does Floating Photovoltaic Systems break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.