

Solar Floating PanelÌýorÌýFloating PhotovoltaicsÌý(FPV), sometimes calledÌýfloatovoltaics, isÌýsolar panelsÌýmounted on a structure that floats on a body of water, typically a reservoir or a lake.
The global Solar Floating Panel market is projected to reach US$ 4431.5 million in 2029, increasing from US$ 2830 million in 2022, with the CAGR of 6.6% during the period of 2023 to 2029.
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.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Solar Floating Panel market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
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
Segment by Type
Stationary Floating Solar Panel
Tracking Floating Solar Panel
Others
Segment by Application
Mono-crystalline Panel
Poly-crystalline Panel
Thin Film Panel
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Solar Floating Panel report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Solar Floating Panel Market Overview
1.1 Product Definition
1.2 Solar Floating Panel Segment by Type
1.2.1 Global Solar Floating Panel Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Stationary Floating Solar Panel
1.2.3 Tracking Floating Solar Panel
1.2.4 Others
1.3 Solar Floating Panel Segment by Application
1.3.1 Global Solar Floating Panel Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Mono-crystalline Panel
1.3.3 Poly-crystalline Panel
1.3.4 Thin Film Panel
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Solar Floating Panel Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Solar Floating Panel Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Solar Floating Panel Production Estimates and Forecasts (2018-2029)
1.4.4 Global Solar Floating Panel Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Solar Floating Panel Production Market Share by Manufacturers (2018-2023)
2.2 Global Solar Floating Panel Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Solar Floating Panel, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Solar Floating Panel Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Solar Floating Panel Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Solar Floating Panel, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Solar Floating Panel, Product Offered and Application
2.8 Global Key Manufacturers of Solar Floating Panel, Date of Enter into This Industry
2.9 Solar Floating Panel Market Competitive Situation and Trends
2.9.1 Solar Floating Panel Market Concentration Rate
2.9.2 Global 5 and 10 Largest Solar Floating Panel Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Solar Floating Panel Production by Region
3.1 Global Solar Floating Panel Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Solar Floating Panel Production Value by Region (2018-2029)
3.2.1 Global Solar Floating Panel Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Solar Floating Panel by Region (2024-2029)
3.3 Global Solar Floating Panel Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Solar Floating Panel Production by Region (2018-2029)
3.4.1 Global Solar Floating Panel Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Solar Floating Panel by Region (2024-2029)
3.5 Global Solar Floating Panel Market Price Analysis by Region (2018-2023)
3.6 Global Solar Floating Panel Production and Value, Year-over-Year Growth
3.6.1 North America Solar Floating Panel Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Solar Floating Panel Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Solar Floating Panel Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Solar Floating Panel Production Value Estimates and Forecasts (2018-2029)
4 Solar Floating Panel Consumption by Region
4.1 Global Solar Floating Panel Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Solar Floating Panel Consumption by Region (2018-2029)
4.2.1 Global Solar Floating Panel Consumption by Region (2018-2023)
4.2.2 Global Solar Floating Panel Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Solar Floating Panel Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Solar Floating Panel Consumption by Country (2018-2029)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Solar Floating Panel Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Solar Floating Panel Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Solar Floating Panel Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Solar Floating Panel Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Solar Floating Panel Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Solar Floating Panel Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Solar Floating Panel Production by Type (2018-2029)
5.1.1 Global Solar Floating Panel Production by Type (2018-2023)
5.1.2 Global Solar Floating Panel Production by Type (2024-2029)
5.1.3 Global Solar Floating Panel Production Market Share by Type (2018-2029)
5.2 Global Solar Floating Panel Production Value by Type (2018-2029)
5.2.1 Global Solar Floating Panel Production Value by Type (2018-2023)
5.2.2 Global Solar Floating Panel Production Value by Type (2024-2029)
5.2.3 Global Solar Floating Panel Production Value Market Share by Type (2018-2029)
5.3 Global Solar Floating Panel Price by Type (2018-2029)
6 Segment by Application
6.1 Global Solar Floating Panel Production by Application (2018-2029)
6.1.1 Global Solar Floating Panel Production by Application (2018-2023)
6.1.2 Global Solar Floating Panel Production by Application (2024-2029)
6.1.3 Global Solar Floating Panel Production Market Share by Application (2018-2029)
6.2 Global Solar Floating Panel Production Value by Application (2018-2029)
6.2.1 Global Solar Floating Panel Production Value by Application (2018-2023)
6.2.2 Global Solar Floating Panel Production Value by Application (2024-2029)
6.2.3 Global Solar Floating Panel Production Value Market Share by Application (2018-2029)
6.3 Global Solar Floating Panel Price by Application (2018-2029)
7 Key Companies Profiled
7.1 Ciel & Terre International
7.1.1 Ciel & Terre International Solar Floating Panel Corporation Information
7.1.2 Ciel & Terre International Solar Floating Panel Product Portfolio
7.1.3 Ciel & Terre International Solar Floating Panel Production, Value, Price and Gross Margin (2018-2023)
7.1.4 Ciel & Terre International Main Business and Markets Served
7.1.5 Ciel & Terre International Recent Developments/Updates
7.2 Sungrow Power Supply Co., Ltd.
7.2.1 Sungrow Power Supply Co., Ltd. Solar Floating Panel Corporation Information
7.2.2 Sungrow Power Supply Co., Ltd. Solar Floating Panel Product Portfolio
7.2.3 Sungrow Power Supply Co., Ltd. Solar Floating Panel Production, Value, Price and Gross Margin (2018-2023)
7.2.4 Sungrow Power Supply Co., Ltd. Main Business and Markets Served
7.2.5 Sungrow Power Supply Co., Ltd. Recent Developments/Updates
7.3 Seaflex AB
7.3.1 Seaflex AB Solar Floating Panel Corporation Information
7.3.2 Seaflex AB Solar Floating Panel Product Portfolio
7.3.3 Seaflex AB Solar Floating Panel Production, Value, Price and Gross Margin (2018-2023)
7.3.4 Seaflex AB Main Business and Markets Served
7.3.5 Seaflex AB Recent Developments/Updates
7.4 Swimsol GmbH
7.4.1 Swimsol GmbH Solar Floating Panel Corporation Information
7.4.2 Swimsol GmbH Solar Floating Panel Product Portfolio
7.4.3 Swimsol GmbH Solar Floating Panel Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Swimsol GmbH Main Business and Markets Served
7.4.5 Swimsol GmbH Recent Developments/Updates
7.5 FloatPac Pty Ltd
7.5.1 FloatPac Pty Ltd Solar Floating Panel Corporation Information
7.5.2 FloatPac Pty Ltd Solar Floating Panel Product Portfolio
7.5.3 FloatPac Pty Ltd Solar Floating Panel Production, Value, Price and Gross Margin (2018-2023)
7.5.4 FloatPac Pty Ltd Main Business and Markets Served
7.5.5 FloatPac Pty Ltd Recent Developments/Updates
7.6 4CSOLAR, Inc.
7.6.1 4CSOLAR, Inc. Solar Floating Panel Corporation Information
7.6.2 4CSOLAR, Inc. Solar Floating Panel Product Portfolio
7.6.3 4CSOLAR, Inc. Solar Floating Panel Production, Value, Price and Gross Margin (2018-2023)
7.6.4 4CSOLAR, Inc. Main Business and Markets Served
7.6.5 4CSOLAR, Inc. Recent Developments/Updates
7.7 Waaree Group
7.7.1 Waaree Group Solar Floating Panel Corporation Information
7.7.2 Waaree Group Solar Floating Panel Product Portfolio
7.7.3 Waaree Group Solar Floating Panel Production, Value, Price and Gross Margin (2018-2023)
7.7.4 Waaree Group Main Business and Markets Served
7.7.5 Waaree Group Recent Developments/Updates
7.8 Vikram Solar
7.8.1 Vikram Solar Solar Floating Panel Corporation Information
7.8.2 Vikram Solar Solar Floating Panel Product Portfolio
7.8.3 Vikram Solar Solar Floating Panel Production, Value, Price and Gross Margin (2018-2023)
7.8.4 Vikram Solar Main Business and Markets Served
7.7.5 Vikram Solar Recent Developments/Updates
7.9 Sharp Corporation
7.9.1 Sharp Corporation Solar Floating Panel Corporation Information
7.9.2 Sharp Corporation Solar Floating Panel Product Portfolio
7.9.3 Sharp Corporation Solar Floating Panel Production, Value, Price and Gross Margin (2018-2023)
7.9.4 Sharp Corporation Main Business and Markets Served
7.9.5 Sharp Corporation Recent Developments/Updates
7.10 Sunhome Technology Co., Ltd.
7.10.1 Sunhome Technology Co., Ltd. Solar Floating Panel Corporation Information
7.10.2 Sunhome Technology Co., Ltd. Solar Floating Panel Product Portfolio
7.10.3 Sunhome Technology Co., Ltd. Solar Floating Panel Production, Value, Price and Gross Margin (2018-2023)
7.10.4 Sunhome Technology Co., Ltd. Main Business and Markets Served
7.10.5 Sunhome Technology Co., Ltd. Recent Developments/Updates
7.11 D3Energy, LLC
7.11.1 D3Energy, LLC Solar Floating Panel Corporation Information
7.11.2 D3Energy, LLC Solar Floating Panel Product Portfolio
7.11.3 D3Energy, LLC Solar Floating Panel Production, Value, Price and Gross Margin (2018-2023)
7.11.4 D3Energy, LLC Main Business and Markets Served
7.11.5 D3Energy, LLC Recent Developments/Updates
7.12 Seraphim Solar System Co., Ltd.
7.12.1 Seraphim Solar System Co., Ltd. Solar Floating Panel Corporation Information
7.12.2 Seraphim Solar System Co., Ltd. Solar Floating Panel Product Portfolio
7.12.3 Seraphim Solar System Co., Ltd. Solar Floating Panel Production, Value, Price and Gross Margin (2018-2023)
7.12.4 Seraphim Solar System Co., Ltd. Main Business and Markets Served
7.12.5 Seraphim Solar System Co., Ltd. Recent Developments/Updates
7.13 Upsolar Global
7.13.1 Upsolar Global Solar Floating Panel Corporation Information
7.13.2 Upsolar Global Solar Floating Panel Product Portfolio
7.13.3 Upsolar Global Solar Floating Panel Production, Value, Price and Gross Margin (2018-2023)
7.13.4 Upsolar Global Main Business and Markets Served
7.13.5 Upsolar Global Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Solar Floating Panel Industry Chain Analysis
8.2 Solar Floating Panel Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Solar Floating Panel Production Mode & Process
8.4 Solar Floating Panel Sales and Marketing
8.4.1 Solar Floating Panel Sales Channels
8.4.2 Solar Floating Panel Distributors
8.5 Solar Floating Panel Customers
9 Solar Floating Panel Market Dynamics
9.1 Solar Floating Panel Industry Trends
9.2 Solar Floating Panel Market Drivers
9.3 Solar Floating Panel Market Challenges
9.4 Solar Floating Panel Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
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
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*If Applicable.