Floating solar panels Market to Signify Strong Growth by 2022-2028

Floating solar panel or farm based plant is an arrangement of photovoltaic solar panels on a structure that floats on a body of water, which is generally a lake or reservoir. Solar panels used in the construction of floating solar farms are known as floating solar panels. It is a new method of using the available water surface on dams, reservoirs and other water bodies for solar power generation. The drive to develop solar panels/floating plants on land-based plants is leading to an increase in prices of undeveloped land with solar potential. According to the IEA, a minimum 80 G solar of solar capacity was installed worldwide in 2018, an increase of about 48% compared to that in 2019. Companies constantly carry out research and development to increase the overall efficiency of solar panels and systems. Solar panels/floating systems help conserve water through reduced evaporation and increase power generation due to the cooling effect of solar panels.

Company Profile

• GEITS
• SPG Solar
• Kyocera
• Japan Mega Solar Power
• Suntech Power
• Trina Solar
• Yingli Solar
• Sharp

Market Segmentation

By Type

• Solar-tracking floating solar panels
• Stationary floating solar panels

By Application

• Off-shore Floating Solar Panels
• On-shore Floating Solar Panels

Scope of the Report

The research study analyzes the Floating solar panels Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Floating solar panels Market Report

1. What was the Floating solar panels Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Floating solar panels Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Floating solar panels Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Key Benefits of Buying the Floating solar panels Market Report:

• Comprehensive analysis of the changing competitive landscape.
• Assists in decision making processes for the businesses along with detailed strategic planning methodologies.
• The report offers an 8-year forecast and assessment of the Floating solar panels
• Helps in understanding the key product segments and their estimated growth rate.
• In-depth analysis of market drivers, restraints, trends, and opportunities.
• Comprehensive regional analysis of the Floating solar panels
• Extensive profiling of the key stakeholders of the business sphere.
• Detailed analysis of the factors influencing the growth of the Floating solar panels Market.