Floating Solar Panel Market By Product Type (Stationary Floating Solar Panels, Tracking Floating Solar Panels),By Connectivity(On Grid Floating Solar Panel, Off-Grid Floating Solar Pane), By Location(On-Shore Floating Solar Panel, Off-Shore Floating Solar Panel) - Global trend Analysis and Industry Forecast, 2018-2023.

Report Overview

GLOBAL FLOATING SOLAR PANEL MARKET was valued at USD 163.25 Million in the year 2017. Global Floating Solar Panel market is further projected to grow at a CAGR of 35.43% from 2017 to reach USD 1,007.4 Million by the year 2023. Asia Pacific region holds the highest market share in 2017 and Asia Pacific market is considered as the fastest growing market in the forecasted period. At country level China, Japan and India hold the highest market share in 2016 and it is projected to grow at a strongly in the coming years.

Solaris Synergy (Israel), Sharp Corporation (Japan), Trina Solar (China), Yingli Solar (China), Pristine Sun LLC (U.S), Sino Group (Hong Kong), KYOCERA Corporation (Japan), ITOCHU Corporation (Japan), Hanwha Group, Wuxi Suntech Power Co., Ltd. (Jiangsu), Mitsubishi Electric Corporation (Japan), JA SOLAR Co. Ltd. (China), are some of the top manufacturer in the Global Floating Solar Panel market. Rising research and development expenses to satisfy changing demand of end users, similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of the top manufacturers in recent years.

Drivers:

             Low operation and maintenance cost

             Rising need for renewable energy

Restraints:

             Expensive and delicate

Opportunities:

             Decrease of evaporation

Challenges:

             The availability of solar radiation can differ depending on location

The Global Solar Floating Panel is segmented by product type, by connectivity, by location, and by region in the forecasted period. The major shares of the market come from Stationary in Global Floating Solar Panel Market. On the other hand, On-Grid type for this market is expected to grow at the highest CAGR during the year 2018-2023.

Key Benefits for Stakeholders

Floating Solar Panel Manufacturers, Distributors and Retailers

Research and Consulting organization

Technology Standards Organizations, Forums, Alliances and Associations

End-use industries

Regulatory bodies, policy actors, and consumers.

By Product Type

Stationary Floating Solar Panels

Tracking Floating Solar Panels

By Connectivity

On Grid Floating Solar Panel

Off-Grid Floating Solar Panel

By Location

On-Shore Floating Solar Panel

Off-Shore Floating Solar Panel

By Region

North America

Europe

Asia-Pacific

LAMEA

Key Market Players

Solaris Synergy (Israel)

Sharp Corporation (Japan)

Trina Solar (China)

Yingli Solar (China)

Pristine Sun LLC (U.S)

Sino Group (Hong Kong)

KYOCERA Corporation (Japan)

(A brief overview of another 13 companies is also provided) 

Research Methodology:

Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques –

1. Raw Market Data is collected and compared with the Existing in-house Data on a broad front.
2. Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
3. To avoid bias, we filter the collected data collected from authenticated sources.
4. GMI has a well proven Statistical Modeling System for estimates and forecasts.
5. Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.
6. Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.

Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.