DUBLIN–(BUSINESS WIRE)–The “Floating Solar Panels – Global Strategic Business Report” has been added to ResearchAndMarkets.com’s offering.
The latest report on the global Floating Solar Panels market reveals remarkable growth prospects in the renewable energy sector. In 2022, the market was estimated at 2.6 Thousand MW and is expected to soar to an impressive 18.6 Thousand MW by 2030, reflecting a robust CAGR of 28.1% during the analysis period from 2022 to 2030.
This comprehensive report offers valuable insights into market dynamics, influencing industry trends, and competitive landscapes. It equips businesses with critical information for strategic decision-making. Geographical markets including the U.S., China, Asia-Pacific, and Europe have been meticulously evaluated, presenting a clear understanding of potential growth opportunities in these regions.
Key Segments and Growth Projections
- The Stationary segment is anticipated to exhibit remarkable growth, with a projected CAGR of 28.6%, reaching 15.8 Thousand MW by the end of the analysis period.
- The Tracking segment is estimated to grow at a steady CAGR of 25.5% over the next eight years.
Leading Competitors
The report profiles 43 leading competitors in the Floating Solar Panels market. Notable players include Kyocera Corporation, First Solar, Inc., Tata Group, and JA Solar Technology Co., Ltd., among others. This valuable data allows businesses to effectively benchmark their strategies and stay competitive in the market.
Economic Outlook
The global economic outlook is on an upward trajectory, with growth recovery expected in the coming years. Despite some challenges such as uncertainty around the Ukraine conflict and inflation concerns, countries like the United States, China, and India are poised for significant economic expansion. India, in particular, is on track to emerge as a US trillion economy by 2030, surpassing Japan and Germany.
While corporate investments may face some headwinds due to inflation worries and weaker demand, the rise of new technologies is expected to reverse this sentiment. Technologies like generative AI, quantum technologies, and renewables hold immense potential to drive incremental growth and value to global GDP in the coming years.
In this dynamic market environment, businesses and leaders who demonstrate resilience and adaptability will find opportunities amidst the challenges.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Floating Solar Panels Technology: Highly Efficient than Land Based Solar Plants
- Environmental Concerns and Floating Solar
- Domestic Targets for Greenhouse Gas Emissions of Select Regions/Countries
- Global CO2 Emissions: Percentage Breakdown of Volume Emissions by Fuel Type (2015, 2020, 2040 & 2050)
- Significance of Floating Solar Power Plants in Cooling Down Lakes in the face of Climate Change
- Floating Solar Panels and the Use of Reservoirs and Manmade Water Bodies
- Floating Solar System Plays Pivotal Role in Cleaning Water
- Offshore Floating Solar: A Potential Solar Energy Generation Medium in High Seas
- Growing Focus on Renewable Energy: A Strong Growth Driver
- Government Boost to Solar Energy Adoption to Spur Market Momentum
- Global Investments (US$ Billion) in Renewable Energy by Source: 2018
- Leading Countries with Renewable Energy as % of Total Energy
- Targets for Electricity Production from Renewable Energy Sources in Select Countries
- Estimated Global Power Generation Infrastructure Requirement (in US$ Billion) for China, India, Latin America, and North America over the Period 2010-2030
- Robust Demand for Electricity Closer to the Point of Consumption Drives Proliferation of FPVs
- Projected Global Demand for Electricity (MWh): 2015, 2020, 2025, 2030 & 2035
- Global Primary Energy Consumption (Billion toe): Growth Trajectory for the Period 1990-2040
- Global Energy Consumption (Billion toe) by Country/Region (1995, 2017 and 2040): Breakdown for USA, China, India, Russia, Brazil, EU, Middle East and Rest of World
- Microgrids and Distributed Generation Transform Electricity Management Forever
- Global Distributed Generation Capacity in Microgrids by Type (2021): Percentage Breakdown of Capacity Installations for Diesel Generators, Fuel cells, Natural Gas Generators, Small Wind Turbines, Solar PV Systems, and Others
- Distributed Generation Complemented with FPVs: Futuristic Enabler of Smart Cities
- Number of Smart Cities Worldwide by Geographic Region (2025E)
- Favorable Demographic and Urbanization Trends Strengthens Market Prospects
- World Population by Geographic Region (2000-2050) (in Millions)
- Rapid Urbanization: A Mega Growth Driver for Floating Solar Panels
- World Population Urbanization Rate (%) by Region/Country: 2016 & 2040
- Challenges and Issues
- Challenges Faced by Designers of Floating Solar Panels
- Installation of Floating PVs versus Other Photovoltaic Systems
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/qvzgdv
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