Floating Solar Panels Growth, Demand, Segments and Forecast by 2029.
Floating
Solar Panels market research report makes available the market insights about
the business scenario with which better business strategies can be built to
thrive in this industry. According to this market report, global market is
supposed to witness a moderately higher growth rate during the forecast period.
This renovation will mainly take place due to the actions of key players or
brands like developments, product launches, joint ventures, mergers and
acquisitions. This also leads to change the view of the global face of this industry.
The data of this Floating Solar Panels report is represented with the tables,
charts and graphs for better understanding.
In this market research report, a market study and overview is carried out by
taking into account market drivers, market restraints, opportunities and
challenges for a particular business. Geographical scope of the products is
also taken into consideration methodically for the major global areas such as
Asia, North America, South America, and Africa. This helps delineate strategies
for the product distribution in those areas. Floating Solar Panels market
report estimates the size of the market with respect to the information on key
retailer revenues, development of the industry by upstream and downstream,
industry progress, key companies, key developments, along with market segments
and application. This superior Floating Solar Panels market report is presented
with a full devotion and dedication to the clients that extend their reach to
success.
Data Bridge
Market Research analyses that the floating solar panels market, valued at USD 39.98 million in
2022, will reach USD 381.58 million by 2030, growing at a CAGR of 32.57% during
the forecast period of 2023 to 2030. In addition to the insights on market
scenarios such as market value, growth rate, segmentation, geographical
coverage, and major players, the market reports curated by the Data Bridge
Market Research also include in-depth expert analysis, geographically
represented company-wise production and capacity, network layouts of
distributors and partners, detailed and updated price trend analysis and
deficit analysis of supply chain and demand.
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Driver:
- Water savings boost market
growth for floating solar panels from a reduction in evaporation losses
The system can reduce evaporation losses by up to 70% and provides shade
to protect the water from direct sunlight. The international journal for
innovative research in science and technology recently published a study on the
potential of floating solar photovoltaics in large reservoirs. Installing
floating solar panels in a reservoir can reduce annual water evaporation losses
by an average of 1250 million liters per square km, or about 4 million gallons
per acre. By obstructing sunlight, which is necessary for photosynthesis and
promotes the growth of algae in the water, floating solar systems also aid in
improving water quality. As a result, shading the water in reservoirs
slows algae growth. This lowers the expense of labor and related medical care
and creates growth in floating solar panel demand.
Some key
players mentioned in the report are:
Ciel et Terre International (France), Hanwha Group. (South Korea), JA
SOLAR Technology Co., Ltd. (China), KYOCERA Corporation (Japan), LONGi (China),
Trina Solar (China), VIKRAM SOLAR LTD. (U.S.), Wuxi Suntech Power Co., Ltd.
(China), Yingli Solar (China), Satkar Softwares Solutions Pvt. Ltd. (India),
Baroda Polyform Pvt Ltd. (India), ADTECH Systems (India), Waaree Energies Ltd.
(India), Jain Irrigation Systems Ltd. (India), SHARP CORPORATION (Japan)
Key Insights that Study is going to
provide:
·
The
360-degree Floating Solar Panels overview based on a global and regional level
·
Market
Share & Sales Revenue by Key Players & Emerging Regional Players
·
A
separate chapter on Market Entropy to gain insights on Leaders aggressiveness
towards market [Merger & Acquisition / Recent Investment and Key
Developments]
·
May
vary depending upon availability and feasibility of data with respect to
Industry targeted
·
Patent
Analysis** No of patents / Trademark filed in recent years.
·
A
complete and useful guide for new market aspirants
·
Forecast
information will drive strategic, innovative and profitable business plans and
SWOT analysis of players will pave the way for growth opportunities, risk
analysis, investment feasibility and recommendations
·
Various
Floating Solar Panels industry leading players are studied with respect to
their company profile, product portfolio, capacity, price, cost, and revenue.
Key Market Segmentation:
Ciel et Terre International (France), Hanwha Group. (South Korea), JA
SOLAR Technology Co., Ltd. (China), KYOCERA Corporation (Japan), LONGi (China),
Trina Solar (China), VIKRAM SOLAR LTD. (U.S.), Wuxi Suntech Power Co., Ltd.
(China), Yingli Solar (China), Satkar Softwares Solutions Pvt. Ltd. (India),
Baroda Polyform Pvt Ltd. (India), ADTECH Systems (India), Waaree Energies Ltd.
(India), Jain Irrigation Systems Ltd. (India), SHARP CORPORATION (Japan)
The
countries covered in the Global Floating Solar Panels Market report are U.S., Canada and Mexico
in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium,
Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India,
South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines,
Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E,
South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of
Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as
part of South America.
Table of Contents:
Executive
Summary
Market
Landscape
Market
Sizing
Five Forces
Analysis
Market
Segmentation by End-user
Customer
Landscape
Geographic
Landscape
Key leading
countries
Vendor
Landscape
Vendor
Analysis
Appendix
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