Home / Energy Utilities / Floating Solar Panels Market By Product (Stationary, Solar-Tracking Floating Panels), Application (Off-Shore, On-Shore Floating Solar Panels) - Growth, Share, Opportunities & Competitive Analysis, 2015 - 2022

Floating Solar Panels Market By Product (Stationary, Solar-Tracking Floating Panels), Application (Off-Shore, On-Shore Floating Solar Panels) - Growth, Share, Opportunities & Competitive Analysis, 2015 - 2022

Published: May 2016 | Report Code: 57845-05-16

Since years, photovoltaic panels have been deployed on free land space with a vision to generate energy. These solar systems were lately being reported with weaknesses such as solar cells fabrication & maintenance cost and requirement of large land space. However, with the advent of technology, these hurdles were vanished off with the introduction of floating solar panels. A number of solar systems have been installed on water bodies such as rivers, ponds, lakes, etc which are driving the growth of global floating panels market. This has served the purpose of solar systems which is to generate energy. High investment from government is one among the factors driving the growth of global floating solar panels market. Business tax and rent earned by the reservoir owner is another factor responsible for the growth of global floating solar panels market.

On the basis of product types, floating solar panels market is segmented into stationary floating solar panels and solar tracking floating panels. Stationary floating solar panels accounted for the larger share of global floating solar panels market. Solar tracking floating panels are expected to experience steady demand in the near future. Floating solar panels, on the basis of location are segmented into off-shore floating panels and on-shore floating panels. Off-shore floating panels accounted for the larger share of global floating solar panels market. On-shore floating solar panels are projected to fuel market demand for floating panels during the forecast period.

Floating solar panels market is expected to reach over US$ 1.50 Bn by 2022, growing at a CAGR of 113.9% during the forecast period 2016-2022.

Floating Solar Panels Market

Purpose of the Report

The purpose of this strategic research study titled “Global Floating Solar Panels Market - Growth, Share, Opportunities, and Competitive Analysis, 2015 – 2022” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global floating solar panels market.

Target Audience

  • Industry Investors
  • Floating Solar Panels Providers/Vendors
  • Research Professionals
  • Emerging Companies
  • Raw Material Suppliers/ Buyers
  • Product Suppliers/ Buyers
  • Research Institutes

USP and Key Offerings

The report titled “Global Floating Solar Panels Market - Growth, Share, Opportunities, and Competitive Analysis, 2015 – 2022” offers strategic insights into the global floating solar panels market along with the market size and estimates for the duration 2015 to 2022. The said research study covers in-depth analysis of multiple market segments based on applications, functions and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading floating solar Panels vendors, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:

  • Current and future market trends to justify the forthcoming attractive markets within floating solar panels industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2013 – 2014)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global floating solar panels market, of growth, offering market size and estimates for the period from 2015 to 2022, keeping in mind the above mentioned factors.

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Empirical Phase
1.4.2 Phase II – Analytical Phase
1.4.3 Phase III – Dissemination Phase
1.4.4 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Floating Solar Panels Market
2.2 Global Floating Solar Panels Market, By Product
2.3 Global Floating Solar Panels Market, By Location
2.4 Global Floating Solar Panels Market, By Geography

Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global Floating Solar Panels Market Volume and Revenue, 2015 – 2022, (US$ Mn)
3.2 Key Market Strategies
3.2.1 Product Pricing Analysis
3.2.2 Regulatory Impact on Market
3.3 Market Drivers
3.4 Market Challenges
3.4 Future Outlook of the Market
3.5 See-Saw Analysis
3.5.1 Impact Analysis of Drivers and Restraints
3.6 Attractive Investment Proposition
3.7 Competitive Analysis
3.7.1 Market Positioning of Key Vendors

Chapter 4 Global Floating Solar Panels Market Analysis, By Product
4.1 Overview
4.1.1 Stationary Floating Solar Panel
4.1.1.1 Global Floating Solar Panels Market for Stationary Floating Solar Panel, 2015 – 2022, (US$ Mn)
4.1.2 Solar- Tracking Floating Solar Panel
4.1.2.1 Global Floating Solar Panels Market for Solar- Tracking Floating Solar Panel, 2015 – 2022, (US$ Mn)

Chapter 5 Global Floating Solar Panels Market Analysis, By Location
5.1 Overview
5.1.1 Off-Shore Floating Solar Panel
5.1.1.1 Global Floating Solar Panels Market for Off-Shore Floating Solar Panel, 2015 – 2022, (US$ Mn)
5.1.2 On-Shore Floating Solar Panel
5.1.2.1 Global Floating Solar Panels Market for On-Shore Floating Solar Panel, 2015 – 2022, (US$ Mn)

Chapter 6 SRC View
6.1 Segmentation View (Product/ Product)
6.1.2 Global Floating Solar Panels Market, by Product, 2015 – 2022, (US$ Bn)
6.1.2 Global Floating Solar Panels Market, by Location, 2015 – 2022, (US$ Bn)

Chapter 7 RC View
7.1 North America Floating Solar Panels Market Analysis
7.1.1 Overview
7.1.2 North America Floating Solar Panels Market Revenue, by Product, 2015 – 2022, (US$ Mn)
7.1.3 North America Floating Solar Panels Market Revenue, by Location, 2015 – 2022, (US$ Mn)
7.1.1.1 U.S. Floating Solar Panels Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.1.1.2 U.S. Floating Solar Panels Market Revenue, By Location, 2015 – 2022, (US$ Mn)
7.1.1.3 Canada Floating Solar Panels Market Revenue, By Product 2015 – 2022, (US$ Mn)
7.1.1.4 Canada Floating Solar Panels Market Revenue, By Location 2015 – 2022, (US$ Mn)
6.1.1.5 Mexico Floating Solar Panels Market Revenue, By Product, 2015 – 2022, (US$ Mn)
6.1.1.6 Mexico Floating Solar Panels Market Revenue, By Location, 2015 – 2022, (US$ Mn)

7.2 Europe Floating Solar Panels Market Analysis
7.2.1 Overview
7.2.2 Europe Floating Solar Panels Market Revenue, By Product 2015 – 2022, (US$ Mn)
7.2.3 Europe Floating Solar Panels Market Revenue, By Location 2015 – 2022, (US$ Mn)
7.2.2.1 France Floating Solar Panels Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.2.2.2 France Floating Solar Panels Market Revenue, By Location, 2015 – 2022, (US$ Mn)
7.2.2.3 Germany Floating Solar Panels Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.2.2.4 Germany Floating Solar Panels Market Revenue, By Location, 2015 – 2022, (US$ Mn)
7.2.2.5 Russia Floating Solar Panels Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.2.2.6 Russia Floating Solar Panels Market Revenue, By Location, 2015 – 2022, (US$ Mn)
7.2.2.7 Others Floating Solar Panels Market Revenue, By Product 2015 – 2022, (US$ Mn)
7.2.2.8 Others Floating Solar Panels Market Revenue, By Location 2015 – 2022, (US$ Mn)

7.3 Asia Pacific Floating Solar Panels Market Analysis
7.3 Overview
7.3.1 Asia Pacific Floating Solar Panels Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.3.2 Asia Pacific Floating Solar Panels Market Revenue, By Location, 2015 – 2022, (US$ Mn)
7.3.1.1 China Floating Solar Panels Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.3.1.2 China Floating Solar Panels Market Revenue, By Location, 2015 – 2022, (US$ Mn)
7.3.1.3 India Floating Solar Panels Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.3.1.4 India Floating Solar Panels Market Revenue, By Location, 2015 – 2022, (US$ Mn)
7.3.1.5 South Korea Floating Solar Panels Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.3.1.6 South Korea Floating Solar Panels Market Revenue, By Location, 2015 – 2022, (US$ Mn)
7.3.1.7 Others Pacific Floating Solar Panels Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.3.1.8 Others Floating Solar Panels Market Revenue, By Location, 2015 – 2022, (US$ Mn)

7.4 Middle East & Africa Floating Solar Panels Market Analysis
7.4.1 Overview
7.4.2 Middle East & Africa Floating Solar Panels Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.4.3 Middle East & Africa Floating Solar Panels Market Revenue, By Location, 2015 – 2022, (US$ Mn)
7.4.1.1 Australia Floating Solar Panels Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.4.1.2 Australia Floating Solar Panels Market Revenue, By Location, 2015 – 2022, (US$ Mn)
7.4.1.3 Brazil Floating Solar Panels Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.4.1.4 Brazil Floating Solar Panels Market Revenue, By Location, 2015 – 2022, (US$ Mn)
7.4.1.5 Rest of Middle East & Africa Floating Solar Panels Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.4.1.6 Rest of Middle East & Africa Floating Solar Panels Market Revenue, By Location, 2015 – 2022, (US$ Mn)
7.5 Rest of the World (RoW) Floating Solar Panels Market Analysis
7.5.1 Overview
7.5.2 Rest of the World Floating Solar Panels Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.5.3 Rest of the World Floating Solar Panels Market Revenue, By Location, 2015 – 2022, (US$ Mn)
7.5.1.1 MENA Floating Solar Panels Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.5.1.2 MENA Floating Solar Panels Market Revenue, By Location, 2015 – 2022, (US$ Mn)
7.5.1.3 Central & South America Floating Solar Panels Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.5.1.4 Central & South America Floating Solar Panels Market Revenue, By Location, 2015 – 2022, (US$ Mn)

Chapter 8 Company Profiles
8.1 Ciel & Terre International
8.2 DNV GL AS
8.3 Infratech Industries, Inc.
8.4 KYOCERA Corporation
8.5 Novaton AG
8.6 Pristine Sun
8.7 Sharp Corporation
8.8 SPI Solar
8.8 Trina Solar Limited
8.10 Yingli Green Energy Holding Company Limited
8.11 Others

List of Figures

FIG. 1 Global Floating Solar Panels: Market Segmentation 17
FIG. 2 Global Floating Solar Panels Market: Research Methodology 18
FIG. 3 Global Floating Solar Panels Market, By Product 2016 (US$ Mn) 21
FIG. 4 Global Floating Solar Panels Market, By Location 2016 (US$ Mn) 22
FIG. 5 Global Floating Solar Panels Market, By Geography, 2016 (US$ Mn) 23
FIG. 6 Global Floating Solar Panels Market Revenue, 2013 – 2022 (US$ Mn) 24
FIG. 7 See-Saw Analysis : Global Floating Solar Panels Market 28
FIG. 8 Attractive Investment Proposition 30
FIG. 9 Market Positioning of Key Floating Solar Panels Companies , 2014 31
FIG. 10 Global Floating Solar Panels Market Revenue, By Products, 2016 & 2022 (US$ Mn) 32
FIG. 11 Global Floating Solar Panels Market Volume and Revenue for Stationary Floating Solar Panels, 2013 – 2022, (US$ Mn) 33
FIG. 12 Global Floating Solar Panels Market Volume and Revenue for Solar-Tracking Flaoting Solar Panels, 2013 – 2022, ( (US$ Mn) 34
FIG. 13 Global Floating Solar Panels Market Revenue, By Locations, 2014 & 2022 (US$ Mn) 36
FIG. 14 Global Floating Solar Panels Market Volume and Revenue for Off-Shore Floating Solar Panels, 2013 – 2022, (US$ Mn) 37
FIG. 15 Global Floating Solar Panels Market Volume and Revenue for On-Shore Floating Solar Panels, 2013 – 2022, (US$ Mn) 38
FIG. 16 North America Floating Solar Panels Market Volume and Revenue, 2013 – 2022, (US$ Mn) 42
FIG. 17 Comparative Analysis of North America Floating Solar Panels Market Revenue, By Country, 2013 – 2022, (US$ Mn) 45
FIG. 18 Europe Floating Solar Panels Market Volume and Revenue, 2013 – 2022, (US$ Mn) 46
FIG. 19 Comparative Analysis of Europe Floating Solar Panels Market Revenue, By Region, 2013 – 2022, (US$ Mn) 49
FIG. 20 Asia Pacific Floating Solar Panels Market Volume and Revenue, 2013 – 2022, (US$ Mn) 50
FIG. 21 Comparative Analysis of Asia Pacific Floating Solar Panels Market Revenue, By Region, 2013 – 2022, (US$ Mn) 53
FIG. 22 RoW Floating Solar Panels Market Volume and Revenue, 2013 – 2022, (US$ Mn) 58
FIG. 23 Comparative Analysis of RoW Floating Solar Panels Market Revenue, By Country, 2013 – 2022, (US$ Mn) 60

List of Tables

TABLE 1 Market Snapshot: Global Floating Solar Panels Market 20
TABLE 2 Impact Indicators 29
TABLE 3 Impact Analysis of Drivers and Restraints 29
TABLE 4 North America Floating Solar Panels Market Volume & Revenue, By Products, 2013 – 2022 (Kilo Tons) (US$ Mn) 43
TABLE 5 North America Floating Solar Panels Market Revenue, By Locations, 2013 – 2022 (US$ Mn) 44
TABLE 6 Europe Floating Solar Panels Market, By Products, 2013 – 2022 (US$ Mn) 47
TABLE 7 Europe Floating Solar Panels Market, By Locations, 2013 – 2022 (US$ Mn) 48
TABLE 8 Asia Pacific Floating Solar Panels Market, By Products, 2013 – 2022 (US$ Mn) 51
TABLE 9 Asia Pacific Floating Solar Panels Market, By Locations, 2013 – 2022 (US$ Mn) 52
TABLE 10 Middle East & Africa Floating Solar Panels Market, By Products, 2013 – 2022 (US$ Mn) 55
TABLE 11 Middle East & Africa Floating Solar Panels Market, By Locations, 2013 – 2022 (US$ Mn) 56
TABLE 12 RoW Floating Solar Panels Market, By Products, 2013 – 2022 (US$ Mn) 59
TABLE 13 RoW Floating Solar Panels Market, By Locations, 2013 – 2022 (US$ Mn) 60
TABLE 14 Ciel & Terre International : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 62
TABLE 15 DNV GL AS : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 64
TABLE 16 Infratech Industries, Inc. : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 66
TABLE 17 KYOCERA Corporation : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 68
TABLE 18 Novaton AG : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 70
TABLE 19 Pristine Sun : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 72
TABLE 20 Sharp Corporation : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 74
TABLE 21 SPI Solar: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 76
TABLE 22 Trina Solar Limited : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 78
TABLE 23 Yingli Green Energy Holding Company Limited: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 80

On the basis of its product type, the floating solar panels market is categorized into following segments:

  • Stationary Floating Solar Panels
  • Solar-Tracking Floating Panels

Floating Solar Panels Market

Solar photovoltaic (PV) are used as an eco-friendly and renewal energy based power generation technologies worldwide. Solar panels are installed on roof tops and free land, but due to high occupancy of space and unavailability of large free space lands was a major issue. However, these issues were resolved by introduction of floating solar panel technology. Floating solar panels make use of water plane for the installation process of solar panels. On the basis of product type, floating solar panels market is segmented into stationary floating solar panels and solar-tracking floating panels.  Among the two, stationary floating solar panels accounted for larger share of the market and are expected to retain its position in the near future. Stationary floating solar panels have quite a lot of benefits over the solar tracking floating panels for instance, increased evaporation control and efficiency owing to cooling effect of water. The emerging economies such as Asia Pacific is the key market for stationary floating solar panels due to soaring investment which is done by chief solar panel manufacturers.Augmented government support is also observed for stationary floating solar panels and hence, stationary floating solar panels are gaining high demand worldwide. Solar tracking solar panels require huge land space which is unavailable in certain countries. In addition, high cost of installation has led to steady demand for solar tracking market during the forecast period from 2015 to 2022.

Location Segmentation Analysis

On the basis of its location, the floating solar panels market is categorized into following segments:

  • Off-Shore Floating Solar Panels
  • On-Shore Floating Solar Panels

Floating Solar Panels Market

Based on location, the floating solar panels are segmented into On-shore and Off-shore floating solar panels. Off-shore floating panels accounted for the largest share of global floating solar panels market. Presence of abundant water bodies has created high scope of growth for off-shore floating solar panels in the market.  As floating solar panels have high efficiency of power generation, they are used on a large scale worldwide. Stringent environmental regulations along with high energy and low cost are another factor promoting the growth of global floating solar panels in the market.  In addition, government initiatives in supporting the installation of stationary floating solar panels are the major factor driving the growth of global floating solar panels worldwide. On-shore solar panels require huge land space. This leads to increase in the cost of solar power installations. High benefits of off-shore floating solar panels over on-shore solar panels are the driving the market for global floating solar panels globally. Asia Pacific is the major consumer of stationary floating solar panels. As not much land is available for installation of ground solar panels, high demand is reported for stationary floating solar panels in the region. Therefore, off-shore floating panels are anticipated to experience high demand during the forecast period from 2015 to 2022.

On the basis of geography, the global floating solar panels market is segmented into following categories,

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Russia
    • Others
  • Asia Pacific
    • China
    • India
    • South Korea
    • Others
  • Rest of the World (RoW)
    • MENA
    • Central & South America

 

Floating Solar Panels Market

Asia Pacific accounted for the largest share of global floating solar panels market in 2016.  Stationary floating solar panels accounted for larger share in the region. As sufficient land is not available in emerging economies such as Asia Pacific, high demand for stationary floating solar panels is reported in the region. High investments made by the major solar manufacturers for development of floating solar panels is another factor boosting growth of global floating solar panels in the region. North America accounted as the second largest region in terms of growth of global floating solar panels market. High power generation and cost efficiency are the major factors promoting the growth of floating solar panels in the region. Stationary floating panels accounted for major share of global floating solar panels in North America. The benefits of stationary floating solar panels over solar tracking floating panels are driving the market growth of floating solar market. Other regions such as Europe, Middle East & Africa and Rest of the World are also projected to boost market demand for floating solar panels during the forecast period from 2015 to 2022.

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