Floating Solar Panels Market Size & Share 2016 - 2024
Market Size by Product (Tracking, Stationary), by Capacity (0.1-1 MW, 1-5 MW, ≥ 5 MW), by Connectivity (On Grid, Off Grid), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast.Download Free PDF
Report Content
Chapter 1 Methodology & Scope
1.1 Methodology
1.1.1 Initial data exploration
1.1.2 Statistical model and forecast
1.1.3 Industry insights and validation
1.1.4 Scope & assumptions
1.2 Data Sources
1.2.1 Primary
1.2.2. Secondary
Chapter 2 Executive Summary
2.1 Floating solar panels industry 3600 synopsis, 2013 - 2024
2.1.1 Business trends
2.1.2 Regional trends
2.1.3 Product trends
2.1.4 Capacity trends
2.1.5 Connectivity trends
Chapter 3 Floating Solar Panels Industry Insights
3.1 Industry segmentation
3.2 Industry size & forecast, 2013 - 2024
3.3 Industry ecosystem analysis
3.4 Innovation & sustainability
3.5 Regulatory landscape
3.5.1 Japan
3.5.2 Europe
3.5.3 China
3.5.4 U.S.
3.5.5 India
3.5.6 Brazil
3.5.6 Australia
3.6 Price trend analysis
3.7 Industry impact forces
3.7.1 Growth drivers
3.7.1.1 Increasing adoption of clean energy sources
3.7.1.2 High land acquisition cost
3.7.1.3 High capacity utilization factor
3.7.2 Industry pitfalls & challenges
3.7.2.1 High initial installation cost
3.8 Growth potential analysis
3.9 Porter’s analysis
3.10 Competitive landscape, 2015
3.10.1 Strategy dashboard
3.11 PESTEL analysis
Chapter 4 Floating Solar Panels Market, By Product
4.1 Floating solar panels market share by product, 2015 & 2024
4.2 Tracking
4.2.1 Tracking floating solar panels market, 2013 – 2024
4.2.2 Tracking floating solar panels market volume, by region, 2013 – 2024
4.2.3 Tracking floating solar panels market revenue, by region, 2013 – 2024
4.3 Stationary
4.3.1 Stationary floating solar panels market, 2013 – 2024
4.3.2 Stationary floating solar panels market volume, by region, 2013 – 2024
4.3.3 Stationary floating solar panels market revenue, by region, 2013 – 2024
Chapter 5 Floating Solar Panels Market, By Capacity
5.1 Floating solar panels market share by capacity, 2015 & 2024
5.2 0.1 – 1 MW
5.2.1 0.1 – 1 MW floating solar panels market, 2013 – 2024
5.2.2 0.1 – 1 MW floating solar panels market volume, by region, 2013 – 2024
5.2.3 0.1 – 1 MW floating solar panels market revenue, by region, 2013 – 2024
5.3 1 – 5 MW
5.3.1 1 – 5 MW floating solar panels market, 2013 – 2024
5.3.2 1 – 5 MW floating solar panels market volume, by region, 2013 – 2024
5.3.3 1 – 5 MW floating solar panels market revenue, by region, 2013 – 2024
5.4 ≥ 5 MW
5.4.1 5 MW & above floating solar panels market, 2013 – 2024
5.4.2 5 MW & above floating solar panels market volume, by region, 2013 – 2024
5.4.3 5 MW & above floating solar panels market revenue, by region, 2013 – 2024
Chapter 6 Floating Solar Panels Market, By Connectivity
6.1 Floating solar panels market share by connectivity, 2015 & 2024
6.2 On Grid
6.2.1 On Grid floating solar panels market, 2013 – 2024
6.2.2 On Grid floating solar panels market volume, by region, 2013 – 2024
6.2.3 On Grid floating solar panels market revenue, by region, 2013 – 2024
6.3 Off Grid
6.3.1 Off Grid floating solar panels market, 2013 – 2024
6.3.2 Off Grid floating solar panels market volume, by region, 2013 – 2024
6.3.3 Off Grid floating solar panels market revenue, by region, 2013 – 2024
Chapter 7 Floating Solar Panels Market, By Region
7.1 Floating solar panels market share by region, 2015 & 2024
7.2 North America
7.2.1 Market estimates and forecast, 2013 – 2024
7.2.2 Market estimates and forecast, by product, 2013 – 2024
7.2.3 Market estimates and forecast, by capacity, 2013 – 2024
7.2.4 Market estimates and forecast, by connectivity, 2013 – 2024
7.2.5 U.S.
7.2.5.1 Market estimates and forecast, 2013 – 2024
7.2.5.2 Market estimates and forecast, by product, 2013 – 2024
7.2.5.3 Market estimates and forecast, by capacity, 2013 – 2024
7.2.5.4 Market estimates and forecast, by connectivity, 2013 – 2024
7.3 Europe
7.3.1 Market estimates and forecast, 2013 – 2024
7.3.2 Market estimates and forecast, by product, 2013 – 2024
7.3.3 Market estimates and forecast, by capacity, 2013 – 2024
7.3.4 Market estimates and forecast, by connectivity, 2013 – 2024
7.3.5 UK
7.3.5.1 Market estimates and forecast, 2013 – 2024
7.3.5.2 Market estimates and forecast, by product, 2013 – 2024
7.3.5.3 Market estimates and forecast, by capacity, 2013 - 2024
7.3.5.4 Market estimates and forecast, by connectivity, 2013 – 2024
7.3.6 Italy
7.3.6.1 Market estimates and forecast, 2013 – 2024
7.3.6.2 Market estimates and forecast, by product, 2013 – 2024
7.3.6.3 Market estimates and forecast, by capacity, 2013 - 2024
7.3.6.4 Market estimates and forecast, by connectivity, 2013 – 2024
7.3.7 Netherlands
7.3.7.1 Market estimates and forecast, 2013 – 2024
7.3.7.2 Market estimates and forecast, by product, 2013 – 2024
7.3.7.3 Market estimates and forecast, by capacity, 2013 – 2024
7.3.7.4 Market estimates and forecast, by connectivity, 2013 – 2024
7.4 Asia Pacific
7.4.1 Market estimates and forecast, 2013 – 2024
7.4.2 Market estimates and forecast, by product, 2013 – 2024
7.4.3 Market estimates and forecast, by capacity, 2013 – 2024
7.4.4 Market estimates and forecast, by connectivity, 2013 – 2024
7.4.5 Japan
7.4.5.1 Market estimates and forecast, 2013 – 2024
7.4.5.2 Market estimates and forecast, by product, 2013 – 2024
7.4.5.3 Market estimates and forecast, by capacity, 2013 – 2024
7.4.5.4 Market estimates and forecast, by connectivity, 2013 – 2024
7.4.6 South Korea
7.4.6.1 Market estimates and forecast, 2013 – 2024
7.4.6.2 Market estimates and forecast, by product, 2013 – 2024
7.4.6.3 Market estimates and forecast, by capacity, 2013 – 2024
7.4.6.4 Market estimates and forecast, by connectivity, 2013 – 2024
7.4.7 China
7.4.7.1 Market estimates and forecast, 2013 – 2024
7.4.7.2 Market estimates and forecast, by product, 2013 – 2024
7.4.7.3 Market estimates and forecast, by capacity, 2013 – 2024
7.4.7.4 Market estimates and forecast, by connectivity, 2013 – 2024
7.4.8 India
7.4.8.1 Market estimates and forecast, 2013 – 2024
7.4.8.2 Market estimates and forecast, by product, 2013 – 2024
7.4.8.3 Market estimates and forecast, by capacity, 2013 – 2024
7.4.8.4 Market estimates and forecast, by connectivity, 2013 – 2024
7.4.9 Taiwan
7.4.9.1 Market estimates and forecast, 2013 – 2024
7.4.9.2 Market estimates and forecast, by product, 2013 – 2024
7.4.9.3 Market estimates and forecast, by capacity, 2013 – 2024
7.4.9.4 Market estimates and forecast, by connectivity, 2013 – 2024
7.4.10 Malaysia
7.4.10.1 Market estimates and forecast, 2013 – 2024
7.4.10.2 Market estimates and forecast, by product, 2013 – 2024
7.4.10.3 Market estimates and forecast, by capacity, 2013 - 2024
7.4.10.4 Market estimates and forecast, by connectivity, 2013 – 2024
7.4.11 Singapore
7.4.11.1 Market estimates and forecast, 2013 – 2024
7.4.11.2 Market estimates and forecast, by product, 2013 – 2024
7.4.11.3 Market estimates and forecast, by capacity, 2013 – 2024
7.4.11.4 Market estimates and forecast, by connectivity, 2013 – 2024
7.4.12 Australia
7.4.12.1 Market estimates and forecast, 2013 – 2024
7.4.12.2 Market estimates and forecast, by product, 2013 – 2024
7.4.12.3 Market estimates and forecast, by capacity, 2013 – 2024
7.4.12.4 Market estimates and forecast, by connectivity, 2013 – 2024
7.5 Rest of the World
7.5.1 Market estimates and forecast, 2013 – 2024
7.5.2 Market estimates and forecast, by product, 2013 – 2024
7.5.3 Market estimates and forecast, by capacity, 2013 – 2024
7.5.4 Market estimates and forecast, by connectivity, 2013 – 2024
7.5.5 Brazil
7.5.5.1 Market estimates and forecast, 2013 – 2024
7.5.5.2 Market estimates and forecast, by product, 2013 – 2024
7.5.5.3 Market estimates and forecast, by capacity, 2013 – 2024
7.5.5.4 Market estimates and forecast, by connectivity, 2013 – 2024
7.5.6 Israel
7.5.6.1 Market estimates and forecast, 2013 – 2024
7.5.6.2 Market estimates and forecast, by product, 2013 – 2024
7.5.6.3 Market estimates and forecast, by capacity, 2013 – 2024
7.5.6.4 Market estimates and forecast, by connectivity, 2013 – 2024
Chapter 8 Company Profiles
8.1 Solaris Synergy
8.1.1 Business Overview
8.1.2 Financial Data
8.1.3 Product Landscape
8.1.4 Strategic Outlook
8.2 Sunengy Pty Ltd
8.2.1 Business Overview
8.2.2 Financial Data
8.2.3 Product Landscape
8.2.4 Strategic Outlook
8.3 Vikram Solar
8.3.1 Business Overview
8.3.2 Financial Data
8.3.3 Product Landscape
8.3.4 Strategic Outlook
8.4 Ciel & Terre International
8.4.1 Business Overview
8.4.2 Financial Data
8.4.3 Product Landscape
8.4.4 Strategic Outlook
8.5 KYOCERA Corporation
8.5.1 Business Overview
8.5.2 Financial Data
8.5.3 Product Landscape
8.5.4 Strategic Outlook
8.6 Novaton AG
8.6.1 Business Overview
8.6.2 Financial Data
8.6.3 Product Landscape
8.6.4 Strategic Outlook
8.7 Pristine Sun LLC
8.7.1 Business Overview
8.7.2 Financial Data
8.7.3 Product Landscape
8.7.4 Strategic Outlook
8.8 SPI Energy Co., Ltd.
8.8.1 Business Overview
8.8.2 Financial Data
8.8.3 Product Landscape
8.8.4 Strategic Outlook
8.9 Yingli Solar
8.9.1 Business Overview
8.9.2 Financial Data
8.9.3 Product Landscape
8.9.4 Strategic Outlook
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Base Year: 2015
Companies covered: 9
Tables & Figures: 253
Countries covered: 14
Pages: 145
Download Free PDF
Base Year: 2015
Companies covered: 9
Tables & Figures: 253
Countries covered: 14
Pages: 145
Download Free PDF
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Ankit Gupta. 2017, February. Floating Solar Panels Market Size By Product (Tracking, Stationary), By Capacity (0.1-1 MW, 1-5 MW, ≥ 5 MW), By Connectivity (On Grid, Off Grid), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024 (Report ID: GMI692). Global Market Insights Inc. Retrieved April 11, 2026, from https://www.gminsights.com/toc/details/floating-solar-panels-market
Floating Solar Panels Market
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Floating Solar Panels Market Size
Floating Solar Panels Market size was over 60 MW in 2015 and is predicted to witness growth over 45% by 2024
Growing focus towards clean fuel electricity generation sources coupled with scarcity of land will drive the global floating solar panels market size during the forecast period. Regulators across the globe are setting up numerous target pertaining to clean energy capacity addition to curb the environmental pollution level. In 2015, the U.S. federal government had introduced executive order 13693 with the aim to achieve 30% of the total electricity demand from renewable energy sources by 2025.
Stringent regulations to curb the greenhouse gas emissions will drive the global floating solar panels market share by 2024. In 2014, European Union has introduced directive 2003/87/EC with the target to reduce the emissions to 20% by 2020. In 2016, Government of China under its thirteenth five-year plan has introduced its plan to reduce emission level to 18% by 2020.
Easy to install and dismantle, adoptability to any electrical configuration, scalability from low to high capacity and minimum requirement of heavy equipment are some of the features which may positively influence the business landscape.
Scarcity of land space for setting up ground mounted photovoltaic systems in several countries will stimulate the floating solar panels market growth. Singapore with land area of over 700 square kilometers for over 6 million population is working restlessly with private entities to effectively utilize their waterbodies for deployment of new floating product.
Floating Solar Panels Market Analysis
Global floating solar panels market from stationary accounted for over 90% of the global volume in 2015 on account of numerous cost benefits associated. Growing adoption across various developing countries including Japan will positively impact the industry size over the forecast period.
Tracking floating solar panels industry size for 2015 was valued over USD 4 million and is set to witness strong growth owing to its long durability and high efficiency. Increasing investment by the component manufacturers to reduce the overall cost structure of floating power architecture will embellish the industry size during the forecast period.
Global floating solar panels market size for 2015 from 0.1 to 1 MW was valued over USD 0.9 million. Growing utility investments towards the development of small scale photovoltaic projects to cater the rising demand for the off-grid consumer across remote areas will positively impact the business growth.
Floating solar panels market from 1 to 5 MW is set to exceed 700 MW by 2024. Increasing installation of the photovoltaic systems by industrial consumers will positively impact the business growth. Growing investments by utilities and private investors towards the deployment of largescale photovoltaic projects across various riverbeds will further complement the industry outlook.
On grid floating solar panels market share was contributed over 75% of the global revenue in 2015. Schemes including feed in tariff, subsidies, financial incentives and tax benefits will influence the global industry size over the forecast period.
Global market from the off grid is predicted to witness significant growth of over 30% from 2016 to 2024. Implementation of distributed or decentralized power generation systems across developing countries will augment the industry growth.
U.S. market size is anticipated to reach over USD 250 million by 2024 owing to favorable government initiatives to increase dependency on clean energy sources. Strong pipeline projects with high potential may favor the business growth.
Japan market size was valued over USD 14 million in 2015. Availability of limited natural resources coupled with low land availability will likely to drive the deployment of floatovoltaics systems across the country. In 2016, Kyocera Corp of Japan completed the grid synchronization of world’s largest floatovoltaics power plant with capacity 14.5 MW.
UK floating solar panels market share is set to witness strong growth of over 60 % in terms of volume by 2024. Introduction of regulatory norms to limit the CO2 emissions will further boost the business growth. In 2016, the country completed the development Europe’s largest floatovoltaics power plant with cumulative capacity of over 6 MW across Queen Elizabeth II reservoir.
China market is predicted to grow at substantial rate of over 30% over forecast timeframe owing to significant decline of PV panel cost. In 2016, the government of China announced investment of over USD 462 million towards the development of world’s largest floatovoltaic plant across Huainan City.
Brazil market is set to exceed 100 MW by 2024 subject to growing investments towards the deployment of large floatovoltaic technologies across the country’s vast river beds. In 2016, the country launched first stage of country’s first floatavoltaic plant with capacity of 10 MW.
Floating Solar Panels Market Share
Global industry players include
Companies are investing significantly in R&D to develop cost effective technology with high reliability index. Presence of limited global players is influencing the small and local players to easily expand their business size across the region.
Floating Solar Panels Industry Background
Floating solar panels generation involves deployment of photovoltaic technologies over water bodies. In the past few years it has appeared as one of the favorable alternative to ground mounted PV systems. The deployment PV components over water surface not only enhance the over CUF of the architecture but also helps in reducing the effect of draught across the nearby area by preventing water evaporation. Floatavoltaic panels holds low maintenance cost and can be easily moved according to the sun’s position.