Floating Solar Panels Market Key Companies Profile and SWOT Analysis by 2031

MARKET INTRODUCTION

Floating solar panels are also known as floating photovoltaic (FPV); it is a solar array that floats on the body of water. Changing preferences for power generation from renewable sources of energy, such as wind and solar, several government initiatives to promote solar energy, and increased investments in renewable energy sources are some of the major factors boosting the growth of the floating solar panels market.

MARKET DYNAMICS

An increasing focus towards clean fuel electricity generation sources, coupled with scarcity of land, drives the floating solar panels market over the forecast period. Benefits associated with the setting up of floating panels plants as comparing with conventional plants are likely to fuel the floating solar panels market growth. However, the overall cost of floating solar panels is higher than the stationary type, which act as a major restraint for the floating solar panels market growth. Further, high energy demand, growing networks of solar installers, and reductions in technology prices are expected to propel the floating solar panels market growth.

MARKET SCOPE

The "Global Floating Solar Panels Market Analysis to 2031" is a specialized and in-depth study of the floating solar panels industry with a special focus on the global market trend analysis. The report aims to provide an overview floating solar panels market with detailed market segmentation as product, capacity, and geography. The global floating solar panels market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading floating solar panels market players and offers key trends and opportunities in the floating solar panels market.

MARKET SEGMENTATION

The global floating solar panels market is segmented on the basis of product, capacity. On the basis of product the market is segmented tracking floating solar panels, stationary floating solar panels. On the basis of capacity the market is segmented as below 1MW, 1MW - 5 MW, above 5 MW.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global floating solar panels market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The floating solar panels market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting floating solar panels market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the floating solar panels market in these regions.

MARKET PLAYERS

The reports cover key developments in the floating solar panels market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Floating solar panels market are anticipated to lucrative growth opportunities in the future with the rising demand for floating solar panels in the global market. Below mentioned is the list of few companies engaged in the floating solar panels market.

The report also includes the profiles of key floating solar panels companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   Ciel & Terre International
  
•   Hanwha Group
  
•   JA SOLAR Technology Co.,Ltd.
  
•   KYOCERA Corporation
  
•   LONGi Solar
  
•   Panasonic Corporation
  
•   Sharp Corporation
  
•   Solaris Synergy
  
•   Trina Solar Co., Ltd.
  
•   Yingli Solar
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Floating Solar Panels Report Scope