The global Solar Floating Panel market size is predicted to grow from US$ 3316 million in 2025 to US$ 4933 million in 2031; it is expected to grow at a CAGR of 6.8% from 2025 to 2031.
Solar Floating Panel听or听Floating Photovoltaics听(FPV), sometimes called听floatovoltaics, is听solar panels听mounted on a structure that floats on a body of water, typically a reservoir or a lake.
The global solar floating panel market refers to the market for photovoltaic (PV) panels that are specifically designed to float on water bodies, such as lakes, reservoirs, and ponds. These floating solar panels harness solar energy and convert it into electricity, providing a renewable and sustainable source of power.
Floating solar panels offer several advantages over traditional ground-mounted or rooftop solar installations. Some key advantages include:
Land conservation: Floating solar panels utilize the surface area of water bodies, freeing up land that can be used for other purposes such as agriculture or conservation. This is especially beneficial in densely populated areas where land availability is limited.
Increased energy efficiency: Floating panels can benefit from the natural cooling effect of water, which helps to reduce the operating temperature of the panels. Lower operating temperatures result in increased energy efficiency and improved performance, thus enhancing the overall electricity generation capacity.
Water conservation: By covering a portion of the water surface, floating solar panels help reduce evaporation, which is particularly advantageous in regions facing water scarcity. Additionally, the panels can help to reduce algae growth and maintain water quality in certain cases.
Easy installation and scalability: Floating solar panels can be installed relatively easily and quickly compared to ground-mounted solar installations. They are also scalable, allowing for the expansion of solar capacity as needed.
The global solar floating panel market has been experiencing significant growth in recent years. Multiple factors are driving this growth, including:
Technological advancements: Continuous improvements in floating panel technologies, such as enhanced anchoring systems, float materials, and weather resistance, have made floating solar installations more reliable and durable.
Cost reduction: The cost of floating solar panels has been decreasing steadily, making them increasingly affordable and competitive with traditional solar installations. This cost reduction is attributed to economies of scale, improved manufacturing processes, and increased market competition.
Supportive policies and incentives: Many countries and regions have implemented supportive policies and incentives to promote the adoption of solar energy, including floating solar installations. These policies often include feed-in tariffs, tax incentives, and regulatory frameworks that encourage the development of floating solar projects.
Environmental benefits: The environmental benefits of floating solar panels, such as reduced carbon emissions and land usage, align with global efforts to mitigate climate change and transition to clean energy sources.
The market includes a range of participants, including solar panel manufacturers, project developers, engineering firms, and EPC (engineering, procurement, and construction) contractors. Additionally, collaborations between solar panel manufacturers, floating platform providers, and water management agencies are crucial for the successful implementation of floating solar projects.
The 鈥淪olar Floating Panel Industry Forecast鈥� looks at past sales and reviews total world Solar Floating Panel sales in 2024, providing a comprehensive analysis by region and market sector of projected Solar Floating Panel sales for 2025 through 2031. With Solar Floating Panel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Solar Floating Panel industry.
This Insight Report provides a comprehensive analysis of the global Solar Floating Panel landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Solar Floating Panel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Solar Floating Panel market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Solar Floating Panel and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Solar Floating Panel.
This report presents a comprehensive overview, market shares, and growth opportunities of Solar Floating Panel market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Stationary Floating Solar Panel
Tracking Floating Solar Panel
Others
Segmentation by Application:
Mono-crystalline Panel
Poly-crystalline Panel
Thin Film Panel
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Ciel & Terre International
Sungrow Power Supply Co., Ltd.
Seaflex AB
Swimsol GmbH
FloatPac Pty Ltd
4CSOLAR, Inc.
Waaree Group
Vikram Solar
Sharp Corporation
Sunhome Technology Co., Ltd.
D3Energy, LLC
Seraphim Solar System Co., Ltd.
Upsolar Global
Key Questions Addressed in this Report
What is the 10-year outlook for the global Solar Floating Panel market?
What factors are driving Solar Floating Panel market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Solar Floating Panel market opportunities vary by end market size?
How does Solar Floating Panel break out by Type, by Application?
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1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Solar Floating Panel Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Solar Floating Panel by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Solar Floating Panel by Country/Region, 2020, 2024 & 2031
2.2 Solar Floating Panel Segment by Type
2.2.1 Stationary Floating Solar Panel
2.2.2 Tracking Floating Solar Panel
2.2.3 Others
2.3 Solar Floating Panel Sales by Type
2.3.1 Global Solar Floating Panel Sales Market Share by Type (2020-2025)
2.3.2 Global Solar Floating Panel Revenue and Market Share by Type (2020-2025)
2.3.3 Global Solar Floating Panel Sale Price by Type (2020-2025)
2.4 Solar Floating Panel Segment by Application
2.4.1 Mono-crystalline Panel
2.4.2 Poly-crystalline Panel
2.4.3 Thin Film Panel
2.4.4 Others
2.5 Solar Floating Panel Sales by Application
2.5.1 Global Solar Floating Panel Sale Market Share by Application (2020-2025)
2.5.2 Global Solar Floating Panel Revenue and Market Share by Application (2020-2025)
2.5.3 Global Solar Floating Panel Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Solar Floating Panel Breakdown Data by Company
3.1.1 Global Solar Floating Panel Annual Sales by Company (2020-2025)
3.1.2 Global Solar Floating Panel Sales Market Share by Company (2020-2025)
3.2 Global Solar Floating Panel Annual Revenue by Company (2020-2025)
3.2.1 Global Solar Floating Panel Revenue by Company (2020-2025)
3.2.2 Global Solar Floating Panel Revenue Market Share by Company (2020-2025)
3.3 Global Solar Floating Panel Sale Price by Company
3.4 Key Manufacturers Solar Floating Panel Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Solar Floating Panel Product Location Distribution
3.4.2 Players Solar Floating Panel Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Solar Floating Panel by Geographic Region
4.1 World Historic Solar Floating Panel Market Size by Geographic Region (2020-2025)
4.1.1 Global Solar Floating Panel Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Solar Floating Panel Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Solar Floating Panel Market Size by Country/Region (2020-2025)
4.2.1 Global Solar Floating Panel Annual Sales by Country/Region (2020-2025)
4.2.2 Global Solar Floating Panel Annual Revenue by Country/Region (2020-2025)
4.3 Americas Solar Floating Panel Sales Growth
4.4 APAC Solar Floating Panel Sales Growth
4.5 Europe Solar Floating Panel Sales Growth
4.6 Middle East & Africa Solar Floating Panel Sales Growth
5 Americas
5.1 Americas Solar Floating Panel Sales by Country
5.1.1 Americas Solar Floating Panel Sales by Country (2020-2025)
5.1.2 Americas Solar Floating Panel Revenue by Country (2020-2025)
5.2 Americas Solar Floating Panel Sales by Type (2020-2025)
5.3 Americas Solar Floating Panel Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Solar Floating Panel Sales by Region
6.1.1 APAC Solar Floating Panel Sales by Region (2020-2025)
6.1.2 APAC Solar Floating Panel Revenue by Region (2020-2025)
6.2 APAC Solar Floating Panel Sales by Type (2020-2025)
6.3 APAC Solar Floating Panel Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Solar Floating Panel by Country
7.1.1 Europe Solar Floating Panel Sales by Country (2020-2025)
7.1.2 Europe Solar Floating Panel Revenue by Country (2020-2025)
7.2 Europe Solar Floating Panel Sales by Type (2020-2025)
7.3 Europe Solar Floating Panel Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Solar Floating Panel by Country
8.1.1 Middle East & Africa Solar Floating Panel Sales by Country (2020-2025)
8.1.2 Middle East & Africa Solar Floating Panel Revenue by Country (2020-2025)
8.2 Middle East & Africa Solar Floating Panel Sales by Type (2020-2025)
8.3 Middle East & Africa Solar Floating Panel Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Solar Floating Panel
10.3 Manufacturing Process Analysis of Solar Floating Panel
10.4 Industry Chain Structure of Solar Floating Panel
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Solar Floating Panel Distributors
11.3 Solar Floating Panel Customer
12 World Forecast Review for Solar Floating Panel by Geographic Region
12.1 Global Solar Floating Panel Market Size Forecast by Region
12.1.1 Global Solar Floating Panel Forecast by Region (2026-2031)
12.1.2 Global Solar Floating Panel Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Solar Floating Panel Forecast by Type (2026-2031)
12.7 Global Solar Floating Panel Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Ciel & Terre International
13.1.1 Ciel & Terre International Company Information
13.1.2 Ciel & Terre International Solar Floating Panel Product Portfolios and Specifications
13.1.3 Ciel & Terre International Solar Floating Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Ciel & Terre International Main Business Overview
13.1.5 Ciel & Terre International Latest Developments
13.2 Sungrow Power Supply Co., Ltd.
13.2.1 Sungrow Power Supply Co., Ltd. Company Information
13.2.2 Sungrow Power Supply Co., Ltd. Solar Floating Panel Product Portfolios and Specifications
13.2.3 Sungrow Power Supply Co., Ltd. Solar Floating Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Sungrow Power Supply Co., Ltd. Main Business Overview
13.2.5 Sungrow Power Supply Co., Ltd. Latest Developments
13.3 Seaflex AB
13.3.1 Seaflex AB Company Information
13.3.2 Seaflex AB Solar Floating Panel Product Portfolios and Specifications
13.3.3 Seaflex AB Solar Floating Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Seaflex AB Main Business Overview
13.3.5 Seaflex AB Latest Developments
13.4 Swimsol GmbH
13.4.1 Swimsol GmbH Company Information
13.4.2 Swimsol GmbH Solar Floating Panel Product Portfolios and Specifications
13.4.3 Swimsol GmbH Solar Floating Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Swimsol GmbH Main Business Overview
13.4.5 Swimsol GmbH Latest Developments
13.5 FloatPac Pty Ltd
13.5.1 FloatPac Pty Ltd Company Information
13.5.2 FloatPac Pty Ltd Solar Floating Panel Product Portfolios and Specifications
13.5.3 FloatPac Pty Ltd Solar Floating Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 FloatPac Pty Ltd Main Business Overview
13.5.5 FloatPac Pty Ltd Latest Developments
13.6 4CSOLAR, Inc.
13.6.1 4CSOLAR, Inc. Company Information
13.6.2 4CSOLAR, Inc. Solar Floating Panel Product Portfolios and Specifications
13.6.3 4CSOLAR, Inc. Solar Floating Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 4CSOLAR, Inc. Main Business Overview
13.6.5 4CSOLAR, Inc. Latest Developments
13.7 Waaree Group
13.7.1 Waaree Group Company Information
13.7.2 Waaree Group Solar Floating Panel Product Portfolios and Specifications
13.7.3 Waaree Group Solar Floating Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Waaree Group Main Business Overview
13.7.5 Waaree Group Latest Developments
13.8 Vikram Solar
13.8.1 Vikram Solar Company Information
13.8.2 Vikram Solar Solar Floating Panel Product Portfolios and Specifications
13.8.3 Vikram Solar Solar Floating Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Vikram Solar Main Business Overview
13.8.5 Vikram Solar Latest Developments
13.9 Sharp Corporation
13.9.1 Sharp Corporation Company Information
13.9.2 Sharp Corporation Solar Floating Panel Product Portfolios and Specifications
13.9.3 Sharp Corporation Solar Floating Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Sharp Corporation Main Business Overview
13.9.5 Sharp Corporation Latest Developments
13.10 Sunhome Technology Co., Ltd.
13.10.1 Sunhome Technology Co., Ltd. Company Information
13.10.2 Sunhome Technology Co., Ltd. Solar Floating Panel Product Portfolios and Specifications
13.10.3 Sunhome Technology Co., Ltd. Solar Floating Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Sunhome Technology Co., Ltd. Main Business Overview
13.10.5 Sunhome Technology Co., Ltd. Latest Developments
13.11 D3Energy, LLC
13.11.1 D3Energy, LLC Company Information
13.11.2 D3Energy, LLC Solar Floating Panel Product Portfolios and Specifications
13.11.3 D3Energy, LLC Solar Floating Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 D3Energy, LLC Main Business Overview
13.11.5 D3Energy, LLC Latest Developments
13.12 Seraphim Solar System Co., Ltd.
13.12.1 Seraphim Solar System Co., Ltd. Company Information
13.12.2 Seraphim Solar System Co., Ltd. Solar Floating Panel Product Portfolios and Specifications
13.12.3 Seraphim Solar System Co., Ltd. Solar Floating Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Seraphim Solar System Co., Ltd. Main Business Overview
13.12.5 Seraphim Solar System Co., Ltd. Latest Developments
13.13 Upsolar Global
13.13.1 Upsolar Global Company Information
13.13.2 Upsolar Global Solar Floating Panel Product Portfolios and Specifications
13.13.3 Upsolar Global Solar Floating Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Upsolar Global Main Business Overview
13.13.5 Upsolar Global Latest Developments
14 Research Findings and Conclusion
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*If Applicable.
