

The global market for Floatovoltaics was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
Floatovoltaics is solar panels mounted on a structure that floats on a body of water, typically a reservoir or a lake. Floating solar systems help landowners benefit from otherwise underused bodies of water, such as coal quarries, mineral extraction pits or reservoirs. As opposed to conventional rooftop solar panels, floating ones perform between 5% to 15% better because of the cooling effect of the water, and are not impacted by shading from other buildings.
China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU"s clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan"s total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.43 GW.
This report aims to provide a comprehensive presentation of the global market for Floatovoltaics, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Floatovoltaics.
The Floatovoltaics market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Floatovoltaics market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Floatovoltaics companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Sungrow
Ciel and Terre
BayWa r.e.
LS Electric Co., Ltd.
Trina Solar
Ocean Sun
Adtech Systems
Waaree Energies Ltd
Isigenere (Isifloating)
Swimsol
Yellow Tropus
Segment by Type
PV Modules
Floating Body and Anchoring System
Inverter
Others
Segment by Application
Utility
Residential & Commercial
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Floatovoltaics company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Floatovoltaics Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 PV Modules
1.2.3 Floating Body and Anchoring System
1.2.4 Inverter
1.2.5 Others
1.3 Market by Application
1.3.1 Global Floatovoltaics Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Utility
1.3.3 Residential & Commercial
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Floatovoltaics Market Perspective (2020-2031)
2.2 Global Floatovoltaics Growth Trends by Region
2.2.1 Global Floatovoltaics Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Floatovoltaics Historic Market Size by Region (2020-2025)
2.2.3 Floatovoltaics Forecasted Market Size by Region (2026-2031)
2.3 Floatovoltaics Market Dynamics
2.3.1 Floatovoltaics Industry Trends
2.3.2 Floatovoltaics Market Drivers
2.3.3 Floatovoltaics Market Challenges
2.3.4 Floatovoltaics Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Floatovoltaics Players by Revenue
3.1.1 Global Top Floatovoltaics Players by Revenue (2020-2025)
3.1.2 Global Floatovoltaics Revenue Market Share by Players (2020-2025)
3.2 Global Floatovoltaics Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Floatovoltaics Revenue
3.4 Global Floatovoltaics Market Concentration Ratio
3.4.1 Global Floatovoltaics Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Floatovoltaics Revenue in 2024
3.5 Global Key Players of Floatovoltaics Head office and Area Served
3.6 Global Key Players of Floatovoltaics, Product and Application
3.7 Global Key Players of Floatovoltaics, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Floatovoltaics Breakdown Data by Type
4.1 Global Floatovoltaics Historic Market Size by Type (2020-2025)
4.2 Global Floatovoltaics Forecasted Market Size by Type (2026-2031)
5 Floatovoltaics Breakdown Data by Application
5.1 Global Floatovoltaics Historic Market Size by Application (2020-2025)
5.2 Global Floatovoltaics Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Floatovoltaics Market Size (2020-2031)
6.2 North America Floatovoltaics Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Floatovoltaics Market Size by Country (2020-2025)
6.4 North America Floatovoltaics Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Floatovoltaics Market Size (2020-2031)
7.2 Europe Floatovoltaics Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Floatovoltaics Market Size by Country (2020-2025)
7.4 Europe Floatovoltaics Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Floatovoltaics Market Size (2020-2031)
8.2 Asia-Pacific Floatovoltaics Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Floatovoltaics Market Size by Region (2020-2025)
8.4 Asia-Pacific Floatovoltaics Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Floatovoltaics Market Size (2020-2031)
9.2 Latin America Floatovoltaics Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Floatovoltaics Market Size by Country (2020-2025)
9.4 Latin America Floatovoltaics Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Floatovoltaics Market Size (2020-2031)
10.2 Middle East & Africa Floatovoltaics Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Floatovoltaics Market Size by Country (2020-2025)
10.4 Middle East & Africa Floatovoltaics Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Sungrow
11.1.1 Sungrow Company Details
11.1.2 Sungrow Business Overview
11.1.3 Sungrow Floatovoltaics Introduction
11.1.4 Sungrow Revenue in Floatovoltaics Business (2020-2025)
11.1.5 Sungrow Recent Development
11.2 Ciel and Terre
11.2.1 Ciel and Terre Company Details
11.2.2 Ciel and Terre Business Overview
11.2.3 Ciel and Terre Floatovoltaics Introduction
11.2.4 Ciel and Terre Revenue in Floatovoltaics Business (2020-2025)
11.2.5 Ciel and Terre Recent Development
11.3 BayWa r.e.
11.3.1 BayWa r.e. Company Details
11.3.2 BayWa r.e. Business Overview
11.3.3 BayWa r.e. Floatovoltaics Introduction
11.3.4 BayWa r.e. Revenue in Floatovoltaics Business (2020-2025)
11.3.5 BayWa r.e. Recent Development
11.4 LS Electric Co., Ltd.
11.4.1 LS Electric Co., Ltd. Company Details
11.4.2 LS Electric Co., Ltd. Business Overview
11.4.3 LS Electric Co., Ltd. Floatovoltaics Introduction
11.4.4 LS Electric Co., Ltd. Revenue in Floatovoltaics Business (2020-2025)
11.4.5 LS Electric Co., Ltd. Recent Development
11.5 Trina Solar
11.5.1 Trina Solar Company Details
11.5.2 Trina Solar Business Overview
11.5.3 Trina Solar Floatovoltaics Introduction
11.5.4 Trina Solar Revenue in Floatovoltaics Business (2020-2025)
11.5.5 Trina Solar Recent Development
11.6 Ocean Sun
11.6.1 Ocean Sun Company Details
11.6.2 Ocean Sun Business Overview
11.6.3 Ocean Sun Floatovoltaics Introduction
11.6.4 Ocean Sun Revenue in Floatovoltaics Business (2020-2025)
11.6.5 Ocean Sun Recent Development
11.7 Adtech Systems
11.7.1 Adtech Systems Company Details
11.7.2 Adtech Systems Business Overview
11.7.3 Adtech Systems Floatovoltaics Introduction
11.7.4 Adtech Systems Revenue in Floatovoltaics Business (2020-2025)
11.7.5 Adtech Systems Recent Development
11.8 Waaree Energies Ltd
11.8.1 Waaree Energies Ltd Company Details
11.8.2 Waaree Energies Ltd Business Overview
11.8.3 Waaree Energies Ltd Floatovoltaics Introduction
11.8.4 Waaree Energies Ltd Revenue in Floatovoltaics Business (2020-2025)
11.8.5 Waaree Energies Ltd Recent Development
11.9 Isigenere (Isifloating)
11.9.1 Isigenere (Isifloating) Company Details
11.9.2 Isigenere (Isifloating) Business Overview
11.9.3 Isigenere (Isifloating) Floatovoltaics Introduction
11.9.4 Isigenere (Isifloating) Revenue in Floatovoltaics Business (2020-2025)
11.9.5 Isigenere (Isifloating) Recent Development
11.10 Swimsol
11.10.1 Swimsol Company Details
11.10.2 Swimsol Business Overview
11.10.3 Swimsol Floatovoltaics Introduction
11.10.4 Swimsol Revenue in Floatovoltaics Business (2020-2025)
11.10.5 Swimsol Recent Development
11.11 Yellow Tropus
11.11.1 Yellow Tropus Company Details
11.11.2 Yellow Tropus Business Overview
11.11.3 Yellow Tropus Floatovoltaics Introduction
11.11.4 Yellow Tropus Revenue in Floatovoltaics Business (2020-2025)
11.11.5 Yellow Tropus Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
Sungrow
Ciel and Terre
BayWa r.e.
LS Electric Co., Ltd.
Trina Solar
Ocean Sun
Adtech Systems
Waaree Energies Ltd
Isigenere (Isifloating)
Swimsol
Yellow Tropus
Ìý
Ìý
*If Applicable.