Floating Solar Panels Market
Floating Solar Panels - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Floating Solar Panels Market is accounted for $111.95 million in 2019 and is expected to reach $5,606.12 million by 2027 growing at a CAGR of 63.1% during the forecast period. Increase in investments in the renewable energy sector and raise in alertness about this market and solar power generation are the major factors propelling the market growth. However, the high equipment cost associated with the floating solar panel/system is hampering the market growth.
Floating solar panel based plant or farm is an understanding of photovoltaic solar panels on a structure that floats on a water body, which is normally a lake or reservoir. Solar panels used in the manufacture of floating solar farms are well-known as floating solar panels. The impulsion to develop floating solar panels/plants over land-based plants is most important to a raise in prices of undeveloped land with solar potential.
Based on the capacity, the 1 to 5 MW segment is estimated to have a lucrative growth due to the growing installation of the photovoltaic systems by industrial consumers will positively impact the business growth. Rising investments by utilities and private investors towards the deployment of large-scale photovoltaic projects across various riverbeds will further complement the industry outlook.
By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the development in this region is attributable to important growth in the solar power industry and a shift in focus toward renewable, such as solar and wind for power generation countries like India and China.
Some of the key players profiled in the Floating Solar Panels Market include Kyocera Corporation, Solaris Synergy, Wuxi Suntech Power Co., Ltd., Yingli Solar, Sharp Corporation, Suntech Power Holdings Co., Ltd., Ciel & Terre International, Japan Mega Solar Power Co., Trina Solar Limited, NOVATON AG, Pristine Sun LLC and SPG Solar, Inc.
Products Covered:
• Stationery Floating Solar Panels
• Tracking Floating Solar Panels
Connectivities Covered:
• Off Grid
• On Grid
Capacities Covered:
• 0.1 - 1 MW
• 1 - 5 MW
• ≥ 5 MW
Locations Covered:
• Onshore Floating
• Offshore Floating
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Floating Solar Panels Market, By Product
5.1 Introduction
5.2 Stationery Floating Solar Panels
5.3 Tracking Floating Solar Panels
6 Global Floating Solar Panels Market, By Connectivity
6.1 Introduction
6.2 Off Grid
6.3 On Grid
7 Global Floating Solar Panels Market, By Capacity
7.1 Introduction
7.2 0.1 - 1 MW
7.3 1 - 5 MW
7.4 ≥ 5 MW
8 Global Floating Solar Panels Market, By Location
8.1 Introduction
8.2 Onshore Floating
8.3 Offshore Floating
9 Global Floating Solar Panels Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Kyocera Corporation
11.2 Solaris Synergy
11.3 Wuxi Suntech Power Co., Ltd.
11.4 Yingli Solar
11.5 Sharp Corporation
11.6 Suntech Power Holdings Co., Ltd.
11.7 Ciel & Terre International
11.8 Japan Mega Solar Power Co.
11.9 Trina Solar Limited
11.10 NOVATON AG
11.11 Pristine Sun LLC
11.12 SPG Solar, Inc.
List of Tables
1 Global Floating Solar Panels Market Outlook, By Region (2018-2027) ($MN)
2 Global Floating Solar Panels Market Outlook, By Product (2018-2027) ($MN)
3 Global Floating Solar Panels Market Outlook, By Stationery Floating Solar Panels (2018-2027) ($MN)
4 Global Floating Solar Panels Market Outlook, By Tracking Floating Solar Panels (2018-2027) ($MN)
5 Global Floating Solar Panels Market Outlook, By Connectivity (2018-2027) ($MN)
6 Global Floating Solar Panels Market Outlook, By Off Grid (2018-2027) ($MN)
7 Global Floating Solar Panels Market Outlook, By On Grid (2018-2027) ($MN)
8 Global Floating Solar Panels Market Outlook, By Capacity (2018-2027) ($MN)
9 Global Floating Solar Panels Market Outlook, By 0.1 - 1 MW (2018-2027) ($MN)
10 Global Floating Solar Panels Market Outlook, By 1 - 5 MW (2018-2027) ($MN)
11 Global Floating Solar Panels Market Outlook, By ≥ 5 MW (2018-2027) ($MN)
12 Global Floating Solar Panels Market Outlook, By Location (2018-2027) ($MN)
13 Global Floating Solar Panels Market Outlook, By Onshore Floating (2018-2027) ($MN)
14 Global Floating Solar Panels Market Outlook, By Offshore Floating (2018-2027) ($MN)
15 North America Floating Solar Panels Market Outlook, By Country (2018-2027) ($MN)
16 North America Floating Solar Panels Market Outlook, By Product (2018-2027) ($MN)
17 North America Floating Solar Panels Market Outlook, By Stationery Floating Solar Panels (2018-2027) ($MN)
18 North America Floating Solar Panels Market Outlook, By Tracking Floating Solar Panels (2018-2027) ($MN)
19 North America Floating Solar Panels Market Outlook, By Connectivity (2018-2027) ($MN)
20 North America Floating Solar Panels Market Outlook, By Off Grid (2018-2027) ($MN)
21 North America Floating Solar Panels Market Outlook, By On Grid (2018-2027) ($MN)
22 North America Floating Solar Panels Market Outlook, By Capacity (2018-2027) ($MN)
23 North America Floating Solar Panels Market Outlook, By 0.1 - 1 MW (2018-2027) ($MN)
24 North America Floating Solar Panels Market Outlook, By 1 - 5 MW (2018-2027) ($MN)
25 North America Floating Solar Panels Market Outlook, By ≥ 5 MW (2018-2027) ($MN)
26 North America Floating Solar Panels Market Outlook, By Location (2018-2027) ($MN)
27 North America Floating Solar Panels Market Outlook, By Onshore Floating (2018-2027) ($MN)
28 North America Floating Solar Panels Market Outlook, By Offshore Floating (2018-2027) ($MN)
29 Europe Floating Solar Panels Market Outlook, By Country (2018-2027) ($MN)
30 Europe Floating Solar Panels Market Outlook, By Product (2018-2027) ($MN)
31 Europe Floating Solar Panels Market Outlook, By Stationery Floating Solar Panels (2018-2027) ($MN)
32 Europe Floating Solar Panels Market Outlook, By Tracking Floating Solar Panels (2018-2027) ($MN)
33 Europe Floating Solar Panels Market Outlook, By Connectivity (2018-2027) ($MN)
34 Europe Floating Solar Panels Market Outlook, By Off Grid (2018-2027) ($MN)
35 Europe Floating Solar Panels Market Outlook, By On Grid (2018-2027) ($MN)
36 Europe Floating Solar Panels Market Outlook, By Capacity (2018-2027) ($MN)
37 Europe Floating Solar Panels Market Outlook, By 0.1 - 1 MW (2018-2027) ($MN)
38 Europe Floating Solar Panels Market Outlook, By 1 - 5 MW (2018-2027) ($MN)
39 Europe Floating Solar Panels Market Outlook, By ≥ 5 MW (2018-2027) ($MN)
40 Europe Floating Solar Panels Market Outlook, By Location (2018-2027) ($MN)
41 Europe Floating Solar Panels Market Outlook, By Onshore Floating (2018-2027) ($MN)
42 Europe Floating Solar Panels Market Outlook, By Offshore Floating (2018-2027) ($MN)
43 Asia Pacific Floating Solar Panels Market Outlook, By Country (2018-2027) ($MN)
44 Asia Pacific Floating Solar Panels Market Outlook, By Product (2018-2027) ($MN)
45 Asia Pacific Floating Solar Panels Market Outlook, By Stationery Floating Solar Panels (2018-2027) ($MN)
46 Asia Pacific Floating Solar Panels Market Outlook, By Tracking Floating Solar Panels (2018-2027) ($MN)
47 Asia Pacific Floating Solar Panels Market Outlook, By Connectivity (2018-2027) ($MN)
48 Asia Pacific Floating Solar Panels Market Outlook, By Off Grid (2018-2027) ($MN)
49 Asia Pacific Floating Solar Panels Market Outlook, By On Grid (2018-2027) ($MN)
50 Asia Pacific Floating Solar Panels Market Outlook, By Capacity (2018-2027) ($MN)
51 Asia Pacific Floating Solar Panels Market Outlook, By 0.1 - 1 MW (2018-2027) ($MN)
52 Asia Pacific Floating Solar Panels Market Outlook, By 1 - 5 MW (2018-2027) ($MN)
53 Asia Pacific Floating Solar Panels Market Outlook, By ≥ 5 MW (2018-2027) ($MN)
54 Asia Pacific Floating Solar Panels Market Outlook, By Location (2018-2027) ($MN)
55 Asia Pacific Floating Solar Panels Market Outlook, By Onshore Floating (2018-2027) ($MN)
56 Asia Pacific Floating Solar Panels Market Outlook, By Offshore Floating (2018-2027) ($MN)
57 South America Floating Solar Panels Market Outlook, By Country (2018-2027) ($MN)
58 South America Floating Solar Panels Market Outlook, By Product (2018-2027) ($MN)
59 South America Floating Solar Panels Market Outlook, By Stationery Floating Solar Panels (2018-2027) ($MN)
60 South America Floating Solar Panels Market Outlook, By Tracking Floating Solar Panels (2018-2027) ($MN)
61 South America Floating Solar Panels Market Outlook, By Connectivity (2018-2027) ($MN)
62 South America Floating Solar Panels Market Outlook, By Off Grid (2018-2027) ($MN)
63 South America Floating Solar Panels Market Outlook, By On Grid (2018-2027) ($MN)
64 South America Floating Solar Panels Market Outlook, By Capacity (2018-2027) ($MN)
65 South America Floating Solar Panels Market Outlook, By 0.1 - 1 MW (2018-2027) ($MN)
66 South America Floating Solar Panels Market Outlook, By 1 - 5 MW (2018-2027) ($MN)
67 South America Floating Solar Panels Market Outlook, By ≥ 5 MW (2018-2027) ($MN)
68 South America Floating Solar Panels Market Outlook, By Location (2018-2027) ($MN)
69 South America Floating Solar Panels Market Outlook, By Onshore Floating (2018-2027) ($MN)
70 South America Floating Solar Panels Market Outlook, By Offshore Floating (2018-2027) ($MN)
71 Middle East & Africa Floating Solar Panels Market Outlook, By Country (2018-2027) ($MN)
72 Middle East & Africa Floating Solar Panels Market Outlook, By Product (2018-2027) ($MN)
73 Middle East & Africa Floating Solar Panels Market Outlook, By Stationery Floating Solar Panels (2018-2027) ($MN)
74 Middle East & Africa Floating Solar Panels Market Outlook, By Tracking Floating Solar Panels (2018-2027) ($MN)
75 Middle East & Africa Floating Solar Panels Market Outlook, By Connectivity (2018-2027) ($MN)
76 Middle East & Africa Floating Solar Panels Market Outlook, By Off Grid (2018-2027) ($MN)
77 Middle East & Africa Floating Solar Panels Market Outlook, By On Grid (2018-2027) ($MN)
78 Middle East & Africa Floating Solar Panels Market Outlook, By Capacity (2018-2027) ($MN)
79 Middle East & Africa Floating Solar Panels Market Outlook, By 0.1 - 1 MW (2018-2027) ($MN)
80 Middle East & Africa Floating Solar Panels Market Outlook, By 1 - 5 MW (2018-2027) ($MN)
81 Middle East & Africa Floating Solar Panels Market Outlook, By ≥ 5 MW (2018-2027) ($MN)
82 Middle East & Africa Floating Solar Panels Market Outlook, By Location (2018-2027) ($MN)
83 Middle East & Africa Floating Solar Panels Market Outlook, By Onshore Floating (2018-2027) ($MN)
84 Middle East & Africa Floating Solar Panels Market Outlook, By Offshore Floating (2018-2027) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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