Floating Solar Panels Industry 2018: Increased Energy Consumption, Government Support, Better Power Storage to Build the Cost-Effective Market by 2022

Growing focus towards clean fuel electricity generation sources coupled with scarcity of land will drive the global floating solar panels market size during the forecast period.

Floating solar panels are also referred as floating solar farms or floating solar arrays, referring to an array of photovoltaic (PV) panels on a structure that floats on a water body typically a lake or a reservoir. A floating solar panel system built on water conserves land space increases the overall efficiency of the solar panel, and provides several environmental benefits, including reduced evaporation of water.

Research analysts forecast the Global Floating Solar Panels Market to grow at a CAGR of 31.16% during the period 2018-2022.

Key vendors

KYOCERA
Solaris Synergy
Trina Solar
Yingli Solar
Covered in this report

The report covers the present scenario and the growth prospects of the global floating solar panels market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of floating solar panels.

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The market is divided into the following segments based on geography:

Americas
APAC
EMEA

Research report, Global Floating Solar Panels Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Market driver

Growing investments in renewable energy
For a full, detailed list, view our report

Market trend

increasing conversion efficiency of solar PVs
For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2022 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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Companies Mentioned:

KYOCERA, Solaris Synergy, Trina Solar, and Yingli Solar.

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