Global floating solar panels market is anticipated to grow at a robust pace 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 pacts and initiatives related to the implementation of solar energy 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 1MW-5MW category is anticipated to witness healthy growth over the course of next five years on account of growing utility investments towards the development of small scale photovoltaic projects to cater the rising demand for off-grid consumers across remote areas.

Few of the major companies operating in global floating solar panels market are Trina Solar Limited, Sharp Corporation, KYOCERA Corporation, JA Solar Co., Ltd., Yingli Solar, SPG Solar, Inc., Ciel & Terre International, NOVATON AG, Solaris Synergy, Pristine Sun LLC, among others.

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020–2024

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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Some of the leading players in global floating solar panels market are Trina Solar Limited, Sharp Corporation, KYOCERA Corporation, JA Solar Co., Ltd., Yingli Solar, SPG Solar, Inc., Ciel & Terre International, NOVATON AG, Solaris Synergy, Pristine Sun LLC, among others.

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 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 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
      • Australia
      • Singapore
      • Malaysia
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Chile
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Nigeria

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.

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1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Voice of Customer

5.    Global Floating Solar Panels Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Type (Stationary, Solar Tracking)

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

5.2.3.     By Connectivity (On Grid, Off Grid)

5.2.4.     By Company (2018)

5.2.5.     By Region

5.3.  Market Attractiveness Index

6.    Asia-Pacific 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

6.2.2.     By Capacity

6.2.3.     By Connectivity

6.2.4.     By Country

6.3.  Asia-Pacific: Country Analysis

6.3.1.     China Floating Solar Panels Market Outlook

6.3.1.1.         Market Size & Forecast

6.3.1.1.1.             By Value

6.3.1.2.         Market Share & Forecast

6.3.1.2.1.             By Type

6.3.1.2.2.             By Capacity

6.3.2.     India Floating Solar Panels Market Outlook

6.3.2.1.         Market Size & Forecast

6.3.2.1.1.             By Value

6.3.2.2.         Market Share & Forecast

6.3.2.2.1.             By Type

6.3.2.2.2.             By Capacity

6.3.3.     Japan Floating Solar Panels Market Outlook

6.3.3.1.         Market Size & Forecast

6.3.3.1.1.             By Value

6.3.3.2.         Market Share & Forecast

6.3.3.2.1.             By Type

6.3.3.2.2.             By Capacity

6.3.4.     South Korea Floating Solar Panels Market Outlook

6.3.4.1.         Market Size & Forecast

6.3.4.1.1.             By Value

6.3.4.2.         Market Share & Forecast

6.3.4.2.1.             By Type

6.3.4.2.2.             By Capacity

6.3.5.     Australia Floating Solar Panels Market Outlook

6.3.5.1.         Market Size & Forecast

6.3.5.1.1.             By Value

6.3.5.2.         Market Share & Forecast

6.3.5.2.1.             By Type

6.3.5.2.2.             By Capacity

6.3.6.     Singapore Floating Solar Panels Market Outlook

6.3.6.1.         Market Size & Forecast

6.3.6.1.1.             By Value

6.3.6.2.         Market Share & Forecast

6.3.6.2.1.             By Type

6.3.6.2.2.             By Capacity

6.3.7.     Malaysia Floating Solar Panels Market Outlook

6.3.7.1.         Market Size & Forecast

6.3.7.1.1.             By Value

6.3.7.2.         Market Share & Forecast

6.3.7.2.1.             By Type

6.3.7.2.2.             By Capacity

7.    Europe 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.  Europe: Country Analysis

7.3.1.     France 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.     Germany Floating Solar Panels Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Type

7.3.2.1.2.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Capacity

7.3.3.     United Kingdom 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.     Italy 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.     Spain 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.    North America 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.  Market Attractiveness Index

8.4.  North America: Country Analysis

8.4.1.     United States Floating Solar Panels Market Outlook

8.4.1.1.         Market Size & Forecast

8.4.1.1.1.             By Value

8.4.1.2.         Market Share & Forecast

8.4.1.2.1.             By Type

8.4.1.2.2.             By Capacity

8.4.2.     Mexico Floating Solar Panels Market Outlook

8.4.2.1.         Market Size & Forecast

8.4.2.1.1.             By Value

8.4.2.2.         Market Share & Forecast

8.4.2.2.1.             By Type

8.4.2.2.2.             By Capacity

8.4.3.     Canada Floating Solar Panels Market Outlook

8.4.3.1.         Market Size & Forecast

8.4.3.1.1.             By Value

8.4.3.2.         Market Share & Forecast

8.4.3.2.1.             By Type

8.4.3.2.2.             By Capacity

9.    South 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.  South America: Country Analysis

9.3.1.     Brazil 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.     Argentina 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.     Chile 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.              Market Attractiveness Index

10.4.              MEA: Country Analysis

10.4.1.  South Africa Floating Solar Panels Market Outlook

10.4.1.1.      Market Size & Forecast

10.4.1.1.1.           By Value

10.4.1.2.      Market Share & Forecast

10.4.1.2.1.           By Type

10.4.1.2.2.           By Capacity

10.4.2.  Saudi Arabia Floating Solar Panels Market Outlook

10.4.2.1.      Market Size & Forecast

10.4.2.1.1.           By Value

10.4.2.2.      Market Share & Forecast

10.4.2.2.1.           By Type

10.4.2.2.2.           By Capacity

10.4.3.  UAE Floating Solar Panels Market Outlook

10.4.3.1.      Market Size & Forecast

10.4.3.1.1.           By Value

10.4.3.2.      Market Share & Forecast

10.4.3.2.1.           By Type

10.4.3.2.2.           By Capacity

10.4.4.  Nigeria Floating Solar Panels Market Outlook

10.4.4.1.      Market Size & Forecast

10.4.4.1.1.           By Value

10.4.4.2.      Market Share & Forecast

10.4.4.2.1.           By Type

10.4.4.2.2.           By Capacity

11.  Market Dynamics

11.1.              Drivers

11.2.              Challenges

12.  Market Trends & Developments

13.  Competitive Landscape

13.1.              Competition Outlook

13.2.              Company Profiles

13.2.1.  Basic Details

13.2.2.  Financials (As reported)

13.2.3.  Supply Chain Analysis

13.2.4.  Key Market Focus and Geographical Presence

13.2.5.  Planned Investments

13.2.6.  Pricing of Target Products

13.2.7.  Market positioning

13.3.              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

14. Strategic Recommendations

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

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