Power
| March, 2021

Floating Solar Panels Market By Type (Stationary and Solar Tracking), By Capacity (Up to 1MW, 1MW-5MW and Above 5MW), By Connectivity (On Grid and Off Grid), By Region (APAC, North America & Others), Competition, Forecast & Opportunities, 2026

Global floating solar panels market was valued over USD1015 million in 2019 and is anticipated to grow at a CAGR of more than 39% during the forecast period. The growth of the market is backed by increasing investments in renewable energy coupled with the technological advancements. Floating solar or FPV (Floating photovoltaic), refers to an array of solar panels on a structure that floats on a body of water, typically an artificial basin or a lake. Factors like growing energy crisis, high rate of carbon emissions, and rising concerns about environmental protection are stimulating the need for sustainable power generation, globally. Additionally, growing number of renewable energy pacts, especially focusing on solar projects, across the world, is supporting the increased installation of solar panels or PV modules, which, in turn, is driving the floating solar panels market.

In terms of capacity, the global floating solar panels market is categorized into up to 1MW, 1MW-5MW and above 5MW. Of these, the above 5MW category occupied the largest share in the market and expected to lead the market during the forecast period as well on account of growing utility-scale investments towards the development of large-scale photovoltaic projects.

Years considered for this report:

Historical Years: 2016-2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022–2026

Objective of the Study:

To analyze and forecast global floating solar panels market size.
To forecast global floating solar panels market based on type, capacity, connectivity and regional distribution.
To identify drivers and challenges for global floating solar panels market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global floating solar panels market.
To conduct pricing analysis for global floating solar panels market.
To identify and analyze the profile of leading players operating in global Floating Solar Panels market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of solar panel manufacturers and floating solar panels vendors across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include the floating solar panels providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels and presence of all major vendors across the globe.

TechSci Research calculated global floating solar panels market size using a top down and bottom-up approach, wherein data for various application across various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

Floating solar panel manufacturers, distributors, suppliers, EPC companies, and other stakeholders
Floating solar panels companies
Government bodies such as regulating authorities and policy makers
Organizations, forums and alliances related to floating solar panels market
Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, vendors and end users. The study would also help them in identifying which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth of the market.

Report Scope:

In this report, global floating solar panels market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Market, by Capacity:

Up to 1MW
1MW - 5MW
Above 5MW

Market, by Type:

Stationary
Solar Tracking

Market, by Connectivity:

On Grid
Off Grid

Market, by Region:

Asia-Pacific

China
India
Japan
South Korea
Taiwan

Europe

Netherlands
United Kingdom
Italy
Spain

North America

United States
Mexico
Canada

South America

Brazil
Colombia
Chile

Middle East & Africa

South Africa
UAE
Iran

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global floating solar panels market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

Profit margin analysis in case of direct and indirect sales channel.

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Impact of COVID-19 on Global Floating Solar Panels Market

5. Voice of Customer

6. Global Floating Solar Panels Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Type (Stationary, Solar Tracking)

6.2.2. By Capacity (Up to 1MW, 1MW - 5MW, Above 5MW)

6.2.3. By Connectivity (On Grid, Off Grid)

6.2.4. By Region

6.2.5. By Company (2020)

6.3. Market Attractiveness Index

7. Asia-Pacific Floating Solar Panels Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Type

7.2.2. By Capacity

7.2.3. By Connectivity

7.2.4. By Country

7.3. Asia-Pacific: Country Analysis

7.3.1. China Floating Solar Panels Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Type

7.3.1.2.2. By Capacity

7.3.2. South Korea Floating Solar Panels Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Type

7.3.2.2.2. By Capacity

7.3.3. Japan Floating Solar Panels Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Type

7.3.3.2.2. By Capacity

7.3.4. India Floating Solar Panels Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Type

7.3.4.2.2. By Capacity

7.3.5. Taiwan Floating Solar Panels Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Type

7.3.5.2.2. By Capacity

8. Europe Floating Solar Panels Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Type

8.2.2. By Capacity

8.2.3. By Connectivity

8.2.4. By Country

8.3. Europe: Country Analysis

8.3.1. United Kingdom Floating Solar Panels Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Type

8.3.1.2.2. By Capacity

8.3.2. Netherlands Floating Solar Panels Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Type

8.3.2.2.2. By Capacity

8.3.2.2.3.

8.3.3. Italy Floating Solar Panels Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Type

8.3.3.2.2. By Capacity

8.3.4. Spain Floating Solar Panels Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Type

8.3.4.2.2. By Capacity

9. North America Floating Solar Panels Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Type

9.2.2. By Capacity

9.2.3. By Connectivity

9.2.4. By Country

9.3. North America: Country Analysis

9.3.1. United States Floating Solar Panels Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Type

9.3.1.2.2. By Capacity

9.3.2. Mexico Floating Solar Panels Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Type

9.3.2.2.2. By Capacity

9.3.3. Canada Floating Solar Panels Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Type

9.3.3.2.2. By Capacity

10. Middle East and Africa Floating Solar Panels Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Type

10.2.2. By Capacity

10.2.3. By Connectivity

10.2.4. By Country

10.3. MEA: Country Analysis

10.3.1. Iran Floating Solar Panels Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Type

10.3.1.2.2. By Capacity

10.3.2. UAE Floating Solar Panels Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Type

10.3.2.2.2. By Capacity

10.3.3. South Africa Floating Solar Panels Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Type

10.3.3.2.2. By Capacity

11. South America Floating Solar Panels Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value

11.2. Market Share & Forecast

11.2.1. By Type

11.2.2. By Capacity

11.2.3. By Connectivity

11.2.4. By Country

11.3. South America: Country Analysis

11.3.1. Brazil Floating Solar Panels Market Outlook

11.3.1.1. Market Size & Forecast

11.3.1.1.1. By Value

11.3.1.2. Market Share & Forecast

11.3.1.2.1. By Type

11.3.1.2.2. By Capacity

11.3.2. Chile Floating Solar Panels Market Outlook

11.3.2.1. Market Size & Forecast

11.3.2.1.1. By Value

11.3.2.2. Market Share & Forecast

11.3.2.2.1. By Type

11.3.2.2.2. By Capacity

11.3.3. Colombia Floating Solar Panels Market Outlook

11.3.3.1. Market Size & Forecast

11.3.3.1.1. By Value

11.3.3.2. Market Share & Forecast

11.3.3.2.1. By Type

11.3.3.2.2. By Capacity

12. Market Dynamics

12.1. Drivers

12.2. Challenges

13. Market Trends & Developments

14. Competitive Landscape

14.1. Competition Outlook

14.2. Company Profiles

14.2.1. Basic Details

14.2.2. Financials (As reported)

14.2.3. Supply Chain Analysis

14.2.4. Key Market Focus and Geographical Presence

14.2.5. Planned Investments

14.2.6. Pricing of Target Products

14.2.7. Market positioning

14.3. Global Players Profiled (Leading Companies)

15.3.1 Trina Solar Limited

15.3.2 Sharp Corporation

15.3.3 KYOCERA Corporation

15.3.4 JA Solar Co., Ltd.

15.3.5 Yingli Solar

15.3.6 SPG Solar, Inc.

15.3.7 Ciel & Terre International

15.3.8 NOVATON AG

15.3.9 Solaris Synergy

15.3.10 Pristine Sun LLC

15. Strategic Recommendations

About Us & Disclaimer

(Note: The companies list can be customized based on the client requirements)

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

List of Figures

Figure 1: Global Floating Solar Panel Market Size, By Value (USD Million), 2016-2026F

Figure 2: Global Floating Solar Panel Market Share, By Type (By Value), 2016-2026F

Figure 3: Global Floating Solar Panel Market Share, By Capacity (By Value), 2016-2026F

Figure 4: Global Floating Solar Panel Market Share, By Connectivity (By Value), 2016-2026F

Figure 5: Global Floating Solar Panel Market Share, By Region (By Value), 2016-2026F

Figure 6: Global Floating Solar Panel Market Share, By Company (By Value), 2016-2026F

Figure 7: Global Floating Solar Panel Market Attractiveness Index, By Type, By Value, 2016-2026F

Figure 8: Global Floating Solar Panel Market Attractiveness Index, By Capacity, By Value, 2016-2026F

Figure 9: Global Floating Solar Panel Market Attractiveness Index, By Connectivity, By Value, 2016-2026F

Figure 10: Global Floating Solar Panel Market Attractiveness Index, By Region, By Value, 2016-2026F

Figure 11: Asia-pacific Floating Solar Panel Market Size, By Value (USD Million), 2016-2026F

Figure 12: Asia-Pacific Floating Solar Panel Market Share, By Type (By Value), 2016-2026F

Figure 13: Asia-Pacific Floating Solar Panel Market Share, By Capacity (By Value), 2016-2026F

Figure 14: Asia-Pacific Floating Solar Panel Market Share, By Connectivity (By Value), 2016-2026F

Figure 15: Asia-Pacific Floating Solar Panel Market Share, By Country (By Value), 2016-2026F

Figure 16: Asia-Pacific Floating Solar Panel Market Attractiveness Index, By Country, By Value, 2016-2026F

Figure 17: China Floating Solar Panel Market Size, By Value (USD Million), 2016-2026F

Figure 18: China Floating Solar Panel Market Size, By Type (By Value), 2016-2026F

Figure 19: China Floating Solar Panel Market Size, By Capacity (By Value), 2016-2026F

Figure 20: South Korea Floating Solar Panel Market Size, By Value (USD Million), 2016-2026F

Figure 21: South Korea Floating Solar Panel Market Size, By Type (By Value), 2016-2026F

Figure 22: South Korea Floating Solar Panel Market Size, By Capacity (By Value), 2016-2026F

Figure 23: India Floating Solar Panel Market Size, By Value (USD Million), 2016-2026F

Figure 24: India Floating Solar Panel Market Size, By Type (By Value), 2016-2026F

Figure 25: India Floating Solar Panel Market Size, By Capacity (By Value), 2016-2026F

Figure 26: Japan Floating Solar Panel Market Size, By Value (USD Million), 2016-2026F

Figure 27: Japan Korea Floating Solar Panel Market Size, By Type (By Value), 2016-2026F

Figure 28: Japan Floating Solar Panel Market Size, By Capacity (By Value), 2016-2026F

Figure 29: Taiwan Floating Solar Panel Market Size, By Value (USD Million), 2016-2026F

Figure 30: Taiwan Floating Solar Panel Market Size, By Type (By Value), 2016-2026F

Figure 31: Taiwan Floating Solar Panel Market Size, By Taiwan (By Value), 2016-2026F

Figure 32: North America Floating Solar Panel Market Size, By Value (USD Million), 2016-2026F

Figure 33: North America Floating Solar Panel Market Share, By Type (By Value), 2016-2026F

Figure 34: North America Floating Solar Panel Market Share, By Capacity (By Value), 2016-2026F

Figure 35: North America Floating Solar Panel Market Share, By Connectivity (By Value), 2016-2026F

Figure 36: North America Floating Solar Panel Market Share, By Country (By Value), 2016-2026F

Figure 37: North America Floating Solar Panel Market Attractiveness Index, By Country, By Value, 2016-2026F

Figure 38: USA Floating Solar Panel Market Size, By Value (USD Million), 2016-2026F

Figure 39: USA Floating Solar Panel Market Size, By Type (By Value), 2016-2026F

Figure 40: USA Floating Solar Panel Market Size, By Taiwan (By Value), 2016-2026F

Figure 41: Canada Floating Solar Panel Market Size, By Value (USD Million), 2016-2026F

Figure 42: Canada Floating Solar Panel Market Size, By Type (By Value), 2016-2026F

Figure 43: Canada Floating Solar Panel Market Size, By Taiwan (By Value), 2016-2026F

Figure 44: Mexico Floating Solar Panel Market Size, By Value (USD Million), 2016-2026F

Figure 45: Mexico Floating Solar Panel Market Size, By Type (By Value), 2016-2026F

Figure 46: Mexico Floating Solar Panel Market Size, By Taiwan (By Value), 2016-2026F

Figure 47: Europe Floating Solar Panel Market Size, By Value (USD Million), 2016-2026F

Figure 48: Europe Floating Solar Panel Market Share, By Type (By Value), 2016-2026F

Figure 49: Europe Floating Solar Panel Market Share, By Capacity (By Value), 2016-2026F

Figure 50: Europe Floating Solar Panel Market Share, By Connectivity (By Value), 2016-2026F

Figure 51: Europe Floating Solar Panel Market Share, By Country (By Value), 2016-2026F

Figure 52: Europe Floating Solar Panel Market Attractiveness Index, By Country, By Value, 2016-2026F

Figure 53: United Kingdom Floating Solar Panel Market Size, By Value (USD Million), 2016-2026F

Figure 54: United Kingdom Floating Solar Panel Market Size, By Type (By Value), 2016-2026F

Figure 55: United Kingdom Floating Solar Panel Market Size, By Capacity (By Value), 2016-2026F

Figure 56: Netherlands Floating Solar Panel Market Size, By Value (USD Million), 2016-2026F

Figure 57: Netherlands Floating Solar Panel Market Size, By Type (By Value), 2016-2026F

Figure 58: Netherlands Floating Solar Panel Market Size, By Capacity (By Value), 2016-2026F

Figure 59: Italy Floating Solar Panel Market Size, By Value (USD Million), 2016-2026F

Figure 60: Italy Floating Solar Panel Market Size, By Type (By Value), 2016-2026F

Figure 61: Italy Floating Solar Panel Market Size, By Capacity (By Value), 2016-2026F

Figure 62: Spain Floating Solar Panel Market Size, By Value (USD Million), 2016-2026F

Figure 63: Spain Floating Solar Panel Market Size, By Type (By Value), 2016-2026F

Figure 64: Spain Floating Solar Panel Market Size, By Capacity (By Value), 2016-2026F

Figure 65: Middle East & Africa Floating Solar Panel Market Size, By Value (USD Million), 2016-2026F

Figure 66: Middle East & Africa Floating Solar Panel Market Share, By Type (By Value), 2016-2026F

Figure 67: Middle East & Africa Floating Solar Panel Market Share, By Capacity (By Value), 2016-2026F

Figure 68: Middle East & Africa Floating Solar Panel Market Share, By Connectivity (By Value), 2016-2026F

Figure 69: Middle East & Africa Floating Solar Panel Market Share, By Country (By Value), 2016-2026F

Figure 70: Middle East & Africa Floating Solar Panel Market Attractiveness Index, By Country, By Value, 2016-2026F

Figure 71: Iran Floating Solar Panel Market Size, By Value (USD Million), 2016-2026F

Figure 72: Iran Floating Solar Panel Market Size, By Type (By Value), 2016-2026F

Figure 73: Iran Floating Solar Panel Market Size, By Capacity (By Value), 2016-2026F

Figure 74: UAE Floating Solar Panel Market Size, By Value (USD Million), 2016-2026F

Figure 75: UAE Floating Solar Panel Market Size, By Type (By Value), 2016-2026F

Figure 76: UAE Floating Solar Panel Market Size, By Capacity (By Value), 2016-2026F

Figure 77: South Africa Floating Solar Panel Market Size, By Value (USD Million), 2016-2026F

Figure 78: South Africa Floating Solar Panel Market Size, By Type (By Value), 2016-2026F

Figure 79: South Africa Floating Solar Panel Market Size, By Capacity (By Value), 2016-2026F

Figure 80: South America Floating Solar Panel Market Size, By Value (USD Million), 2016-2026F

Figure 81: South America Floating Solar Panel Market Share, By Type (By Value), 2016-2026F

Figure 82: South America Floating Solar Panel Market Share, By Capacity (By Value), 2016-2026F

Figure 83: South America Floating Solar Panel Market Share, By Connectivity (By Value), 2016-2026F

Figure 84: South America Floating Solar Panel Market Share, By Country (By Value), 2016-2026F

Figure 85: South America Floating Solar Panel Market Attractiveness Index, By Country, By Value, 2016-2026F

Figure 86: Brazil Floating Solar Panel Market Size, By Value (USD Million), 2016-2026F

Figure 87: Brazil Floating Solar Panel Market Size, By Capacity (By Value), 2016-2026F

Figure 88: Brazil Floating Solar Panel Market Size, By Connectivity (By Value), 2016-2026F

Figure 89: Chile Floating Solar Panel Market Size, By Value (USD Million), 2016-2026F

Figure 90: Chile Floating Solar Panel Market Size, By Type (By Value), 2016-2026F

Figure 91: Chile Floating Solar Panel Market Size, By Capacity (By Value), 2016-2026F

Figure 92: Colombia Floating Solar Panel Market Size, By Value (USD Million), 2016-2026F

Figure 93: Colombia Floating Solar Panel Market Size, By Type (By Value), 2016-2026F

Figure 94: Colombia Floating Solar Panel Market Size, By Capacity (By Value), 2016-2026F

List of Tables

Table 1: Allied Data

Table 2: Allied Data
Table 3: Allied Data

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Floating Solar Panels Market

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Report Description

Floating Solar Panels Market By Type (Stationary and Solar Tracking), By Capacity (Up to 1MW, 1MW-5MW and Above 5MW), By Connectivity (On Grid and Off Grid), By Region (APAC, North America & Others), Competition, Forecast & Opportunities, 2026

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