Floating solar panel or farm based plant is an arrangement of photovoltaic solar panels on a structure that floats on a body of water, which is generally a lake or reservoir. Solar panels used in the construction of floating solar farms are known as floating solar panels. It is a new method of using the available water surface on dams, reservoirs and other water bodies for solar power generation. The drive to develop solar panels/floating plants on land-based plants is leading to an increase in prices of undeveloped land with solar potential. According to the IEA, a minimum 80 G solar of solar capacity was installed worldwide in 2018, an increase of about 48% compared to that in 2019. Companies constantly carry out research and development to increase the overall efficiency of solar panels and systems. Solar panels/floating systems help conserve water through reduced evaporation and increase power generation due to the cooling effect of solar panels.
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Company Profile
- GEITS
- SPG Solar
- Kyocera
- Japan Mega Solar Power
- Suntech Power
- Trina Solar
- Yingli Solar
- Sharp
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Market Segmentation
By Type
- Solar-tracking floating solar panels
- Stationary floating solar panels
By Application
- Off-shore Floating Solar Panels
- On-shore Floating Solar Panels
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Scope of the Report
The research study analyzes the Floating solar panels Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Floating solar panels Market Report
- What was the Floating solar panels Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Floating solar panels Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Floating solar panels Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Key Benefits of Buying the Floating solar panels Market Report:
- Comprehensive analysis of the changing competitive landscape.
- Assists in decision making processes for the businesses along with detailed strategic planning methodologies.
- The report offers an 8-year forecast and assessment of the Floating solar panels
- Helps in understanding the key product segments and their estimated growth rate.
- In-depth analysis of market drivers, restraints, trends, and opportunities.
- Comprehensive regional analysis of the Floating solar panels
- Extensive profiling of the key stakeholders of the business sphere.
- Detailed analysis of the factors influencing the growth of the Floating solar panels Market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Floating solar panels market.
- The market share of the Floating solar panels market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Floating solar panels market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Floating solar panels market.
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