NEW YORK, April 19, 2022 /PRNewswire/ -- The Floating Solar Panels Market size is expected to grow by USD 775.85 million from 2021 to 2026, progressing at a CAGR of 16.89% during the forecast period, according to Technavio. The report offers an up-to-date analysis to know the exact growth variance and the Y-O-Y growth rate Request a free sample report.
The increasing investments in renewable energy, increasing benefits of floating solar panels, and increasing governmental support will offer immense growth opportunities. However, technical challenges, intermittency in solar power generation, and competition from alternate sources of energy will challenge the growth of the market participants.
To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Floating Solar Panels Market 2022-2026: Segmentation
The Floating Solar Panels Market is segmented as below:
APAC will account for 69 percent of market growth. The primary markets for floating solar panels in APAC are Japan, China, and India. The market in this region will increase at a quicker rate than the market in other regions.
Floating solar panels market expansion in APAC will be aided by enhanced solar power sector growth throughout the forecast period.
Learn more about the additional trends impacting the future of the market and the positive and negative consequences on the businesses., download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR73216
Floating Solar Panels Market 2022-2026: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our floating solar panels market report covers the following areas:
This study identifies the increasing investments in renewable energy as one of the prime reasons driving the floating solar panels market growth during the next few years.
Floating Solar Panels Market 2022-2026: Vendor Analysis
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.
Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read Free Sample Report.
Floating Solar Panels Market 2022-2026: Key Highlights
We offer USD 1,000 worth of FREE customization at the time of purchase. Speak to our Analyst now!
Related Reports:
Residential Fuel Cell Market by Product and Geography - Forecast and Analysis 2022-2026
Floating Solar Panels Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 16.89% |
Market growth 2022-2026 |
$ 775.85 million |
Market structure |
Fragmented |
YoY growth (%) |
16.66 |
Regional analysis |
APAC, North America, Europe, MEA, and South America |
Performing market contribution |
APAC at 69% |
Key consumer countries |
Japan, China, US, India, and UK |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Ciel and Terre International, JA Solar Technology Co. Ltd., JinkoSolar Holding Co. Ltd., Kyocera Corp., Ocean Sun AS, Pristine Sun Corp., Sinovoltaics Group Ltd., Tata Sons Pvt. Ltd., Trina Solar Co. Ltd., and Vikram Solar Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table Of Contents :
1. Executive Summary
1.1 Market Overview
Exhibit 01: Key Finding 1
Exhibit 02: Key Finding 1
Exhibit 03: Key Finding 2
Exhibit 04: Key Finding 3
Exhibit 05: Key Finding 4
Exhibit 06: Key Finding 5
Exhibit 07: Key Finding 5
2. Market Landscape
2.1 Market ecosystem
Exhibit 08: Parent market
Exhibit 09: Market characteristics
2.2 Value chain analysis
Exhibit 10: Value chain analysis: Global renewable electricity market
2.2.1 Inputs
2.2.2 Operations
2.2.3 Distribution and logistics
2.2.4 Marketing and sales
2.2.5 Aftermarket and service
2.2.6 Industry innovations
3. Market Sizing
3.1 Market segment analysis
Exhibit 11: Market segments
3.2 Market size 2021
3.3 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.4 Market outlook: Forecast for 2021 - 2026
Exhibit 13: Global - Market size and forecast 2021 - 2026 ($ million)
Exhibit 14: Global market: Year-over-year growth 2021 - 2026 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 16: Five forces analysis 2021 & 2026
4.2 Bargaining power of buyers
Exhibit 17: Bargaining power of buyers
4.3 Bargaining power of suppliers
Exhibit 18: Bargaining power of suppliers
4.4 Threat of new entrants
Exhibit 19: Threat of new entrants
4.5 Threat of substitutes
Exhibit 20: Threat of substitutes
4.6 Threat of rivalry
Exhibit 21: Threat of rivalry
4.7 Market condition
Exhibit 22: Market condition - Five forces 2021
5 Market Segmentation by Product
5.1 Market segments
Exhibit 23: Product - Market share 2021-2026 (%)
5.2 Comparison by Product
Exhibit 24: Comparison by Product
5.3 Stationery floating solar panels - Market size and forecast 2021-2026
Exhibit 25: Stationery floating solar panels - Market size and forecast 2021-2026 ($ million)
Exhibit 26: Stationery floating solar panels - Year-over-year growth 2021-2026 (%)
5.4 Tracking floating solar panels - Market size and forecast 2021-2026
Exhibit 27: Tracking floating solar panels - Market size and forecast 2021-2026 ($ million)
Exhibit 28: Tracking floating solar panels - Year-over-year growth 2021-2026 (%)
5.5 Market opportunity by Product
Exhibit 29: Market opportunity by Product
6. Customer landscape
6.1 Overview
Technavio's customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria
Exhibit 30: Customer landscape
7. Geographic Landscape
7.1 Geographic segmentation
Exhibit 31: Market share by geography 2021-2026 (%)
7.2 Geographic comparison
Exhibit 32: Geographic comparison
7.3 APAC - Market size and forecast 2021-2026
Exhibit 33: APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 34: APAC - Year-over-year growth 2021-2026 (%)
7.4 Europe - Market size and forecast 2021-2026
Exhibit 35: Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 36: Europe - Year-over-year growth 2021-2026 (%)
7.5 North America - Market size and forecast 2021-2026
Exhibit 37: North America - Market size and forecast 2021-2026 ($ million)
Exhibit 38: North America - Year-over-year growth 2021-2026 (%)
7.6 MEA - Market size and forecast 2021-2026
Exhibit 39: MEA - Market size and forecast 2021-2026 ($ million)
Exhibit 40: MEA - Year-over-year growth 2021-2026 (%)
7.7 South America - Market size and forecast 2021-2026
Exhibit 41: South America - Market size and forecast 2021-2026 ($ million)
Exhibit 42: South America - Year-over-year growth 2021-2026 (%)
7.8 Key leading countries
Exhibit 43: Key leading countries
7.9 Market opportunity by geography
Exhibit 44: Market opportunity by geography ($ million)
8. Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Increasing investments in renewable energy
8.1.2 Increasing benefits of floating solar panels
8.1.3 Increasing governmental support
8.2 Market challenges
8.2.1 Technical challenges
8.2.2 Intermittency in solar power generation
8.2.3 Competition from alternate sources of energy
Exhibit 45: Impact of drivers and challenges
8.3 Market trends
8.3.1 Increasing conversion efficiency of solar PVs
8.3.2 Emergence of smart cities
8.3.3 Hybrid floating solar power plants
9. Vendor Landscape
9.1 Overview
Exhibit 46: Vendor landscape
The potential for the disruption of the market landscape was moderate in 2020, and its threat is expected to remain unchanged by 2025.
9.2 Landscape disruption
Exhibit 47: Landscape disruption
Exhibit 48: Industry risks
9.3 Competitive scenario
10. Vendor Analysis
10.1 Vendors covered
Exhibit 49: Vendors covered
10.2 Market positioning of vendors
Exhibit 50: Market positioning of vendors
10.3 Ciel and Terre International
Exhibit 51: Ciel and Terre International - Overview
Exhibit 52: Ciel and Terre International - Product and service
Exhibit 53: Ciel and Terre International - Key offerings
10.4 JA Solar Technology Co. Ltd.
Exhibit 54: JA Solar Technology Co. Ltd. - Overview
Exhibit 55: JA Solar Technology Co. Ltd. - Business segments
Exhibit 56: JA Solar Technology Co. Ltd. - Key offerings
Exhibit 57: JA Solar Technology Co. Ltd. - Segment focus
10.5 JinkoSolar Holding Co. Ltd.
Exhibit 58: JinkoSolar Holding Co. Ltd. - Overview
Exhibit 59: JinkoSolar Holding Co. Ltd. - Product and service
Exhibit 60: JinkoSolar Holding Co. Ltd. - Key News
Exhibit 61: JinkoSolar Holding Co. Ltd. - Key offerings
10.6 Kyocera Corp.
Exhibit 62: Kyocera Corp. - Overview
Exhibit 63: Kyocera Corp. - Business segments
Exhibit 64: Kyocera Corp. - Key News
Exhibit 65: Kyocera Corp. - Key offerings
Exhibit 66: Kyocera Corp. - Segment focus
10.7 Ocean Sun AS
Exhibit 67: Ocean Sun AS - Overview
Exhibit 68: Ocean Sun AS - Product and service
Exhibit 69: Ocean Sun AS - Key offerings
10.8 Pristine Sun Corp.
Exhibit 70: Pristine Sun Corp. - Overview
Exhibit 71: Pristine Sun Corp. - Product and service
Exhibit 72: Pristine Sun Corp. - Key offerings
10.9 Sinovoltaics Group Ltd.
Exhibit 73: Sinovoltaics Group Ltd. - Overview
Exhibit 74: Sinovoltaics Group Ltd. - Product and service
Exhibit 75: Sinovoltaics Group Ltd. - Key offerings
10.10 Tata Sons Pvt. Ltd.
Exhibit 76: Tata Sons Pvt. Ltd. - Overview
Exhibit 77: Tata Sons Pvt. Ltd. - Business segments
Exhibit 78: Tata Sons Pvt. Ltd. - Key offerings
Exhibit 79: Tata Sons Pvt. Ltd. - Segment focus
10.11 Trina Solar Co. Ltd.
Exhibit 80: Trina Solar Co. Ltd. - Overview
Exhibit 81: Trina Solar Co. Ltd. - Business segments
Exhibit 82: Trina Solar Co. Ltd. - Key offerings
Exhibit 83: Trina Solar Co. Ltd. - Segment focus
10.12 Vikram Solar Ltd.
Exhibit 84: Vikram Solar Ltd. - Overview
Exhibit 85: Vikram Solar Ltd. - Product and service
Exhibit 86: Vikram Solar Ltd. - Key offerings
11. Appendix
11.1 Scope of the report
11.1.1 Market definition
11.1.2 Objectives
11.1.3 Notes and Caveats
11.2 Currency conversion rates for US$
Exhibit 87: Currency conversion rates for US$
11.3 Research Methodology
Exhibit 88: Research Methodology
Exhibit 89: Validation techniques employed for market sizing
Exhibit 90: Information sources
11.4 List of abbreviations
Exhibit 91: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
Share this article