Floatovoltaics is solar panels mounted on a structure that floats on a body of water, typically a reservoir or a lake. Floating solar systems help landowners benefit from otherwise underused bodies of water, such as coal quarries, mineral extraction pits or reservoirs. As opposed to conventional rooftop solar panels, floating ones perform between 5% to 15% better because of the cooling effect of the water, and are not impacted by shading from other buildings.
The global market for Floating Solar Plants was estimated to be worth US$ million in 2023 and is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during the forecast period 2024-2030.
China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU's clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan's total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.230 GW.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Floating Solar Plants, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Floating Solar Plants by region & country, by Type, and by Application.
The Floating Solar Plants market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Floating Solar Plants.
麻豆原创 Segmentation
By Company
Sungrow
Ciel and Terre
BayWa r.e.
LS Electric Co., Ltd.
Trina Solar
Ocean Sun
Adtech Systems
Waaree Energies Ltd
Isigenere (Isifloating)
Swimsol
Yellow Tropus
Segment by Type:
PV Modules
Floating Body and Anchoring System
Inverter
Others
Segment by Application
Utility
Residential & Commercial
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Floating Solar Plants manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Floating Solar Plants in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Floating Solar Plants in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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1 麻豆原创 Overview
1.1 Floating Solar Plants Product Introduction
1.2 Global Floating Solar Plants 麻豆原创 Size Forecast
1.3 Floating Solar Plants 麻豆原创 Trends & Drivers
1.3.1 Floating Solar Plants Industry Trends
1.3.2 Floating Solar Plants 麻豆原创 Drivers & Opportunity
1.3.3 Floating Solar Plants 麻豆原创 Challenges
1.3.4 Floating Solar Plants 麻豆原创 Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Floating Solar Plants Players Revenue Ranking (2023)
2.2 Global Floating Solar Plants Revenue by Company (2019-2024)
2.3 Key Companies Floating Solar Plants Manufacturing Base Distribution and Headquarters
2.4 Key Companies Floating Solar Plants Product Offered
2.5 Key Companies Time to Begin Mass Production of Floating Solar Plants
2.6 Floating Solar Plants 麻豆原创 Competitive Analysis
2.6.1 Floating Solar Plants 麻豆原创 Concentration Rate (2019-2024)
2.6.2 Global 5 and 10 Largest Companies by Floating Solar Plants Revenue in 2023
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Floating Solar Plants as of 2023)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 PV Modules
3.1.2 Floating Body and Anchoring System
3.1.3 Inverter
3.1.4 Others
3.2 Global Floating Solar Plants Sales Value by Type
3.2.1 Global Floating Solar Plants Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Floating Solar Plants Sales Value, by Type (2019-2030)
3.2.3 Global Floating Solar Plants Sales Value, by Type (%) (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Utility
4.1.2 Residential & Commercial
4.2 Global Floating Solar Plants Sales Value by Application
4.2.1 Global Floating Solar Plants Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Floating Solar Plants Sales Value, by Application (2019-2030)
4.2.3 Global Floating Solar Plants Sales Value, by Application (%) (2019-2030)
5 Segmentation by Region
5.1 Global Floating Solar Plants Sales Value by Region
5.1.1 Global Floating Solar Plants Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Floating Solar Plants Sales Value by Region (2019-2024)
5.1.3 Global Floating Solar Plants Sales Value by Region (2025-2030)
5.1.4 Global Floating Solar Plants Sales Value by Region (%), (2019-2030)
5.2 North America
5.2.1 North America Floating Solar Plants Sales Value, 2019-2030
5.2.2 North America Floating Solar Plants Sales Value by Country (%), 2023 VS 2030
5.3 Europe
5.3.1 Europe Floating Solar Plants Sales Value, 2019-2030
5.3.2 Europe Floating Solar Plants Sales Value by Country (%), 2023 VS 2030
5.4 Asia Pacific
5.4.1 Asia Pacific Floating Solar Plants Sales Value, 2019-2030
5.4.2 Asia Pacific Floating Solar Plants Sales Value by Country (%), 2023 VS 2030
5.5 South America
5.5.1 South America Floating Solar Plants Sales Value, 2019-2030
5.5.2 South America Floating Solar Plants Sales Value by Country (%), 2023 VS 2030
5.6 Middle East & Africa
5.6.1 Middle East & Africa Floating Solar Plants Sales Value, 2019-2030
5.6.2 Middle East & Africa Floating Solar Plants Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Floating Solar Plants Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Floating Solar Plants Sales Value
6.3 United States
6.3.1 United States Floating Solar Plants Sales Value, 2019-2030
6.3.2 United States Floating Solar Plants Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Floating Solar Plants Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Floating Solar Plants Sales Value, 2019-2030
6.4.2 Europe Floating Solar Plants Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Floating Solar Plants Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Floating Solar Plants Sales Value, 2019-2030
6.5.2 China Floating Solar Plants Sales Value by Type (%), 2023 VS 2030
6.5.3 China Floating Solar Plants Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Floating Solar Plants Sales Value, 2019-2030
6.6.2 Japan Floating Solar Plants Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Floating Solar Plants Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Floating Solar Plants Sales Value, 2019-2030
6.7.2 South Korea Floating Solar Plants Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Floating Solar Plants Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Floating Solar Plants Sales Value, 2019-2030
6.8.2 Southeast Asia Floating Solar Plants Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Floating Solar Plants Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Floating Solar Plants Sales Value, 2019-2030
6.9.2 India Floating Solar Plants Sales Value by Type (%), 2023 VS 2030
6.9.3 India Floating Solar Plants Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Sungrow
7.1.1 Sungrow Profile
7.1.2 Sungrow Main Business
7.1.3 Sungrow Floating Solar Plants Products, Services and Solutions
7.1.4 Sungrow Floating Solar Plants Revenue (US$ Million) & (2019-2024)
7.1.5 Sungrow Recent Developments
7.2 Ciel and Terre
7.2.1 Ciel and Terre Profile
7.2.2 Ciel and Terre Main Business
7.2.3 Ciel and Terre Floating Solar Plants Products, Services and Solutions
7.2.4 Ciel and Terre Floating Solar Plants Revenue (US$ Million) & (2019-2024)
7.2.5 Ciel and Terre Recent Developments
7.3 BayWa r.e.
7.3.1 BayWa r.e. Profile
7.3.2 BayWa r.e. Main Business
7.3.3 BayWa r.e. Floating Solar Plants Products, Services and Solutions
7.3.4 BayWa r.e. Floating Solar Plants Revenue (US$ Million) & (2019-2024)
7.3.5 LS Electric Co., Ltd. Recent Developments
7.4 LS Electric Co., Ltd.
7.4.1 LS Electric Co., Ltd. Profile
7.4.2 LS Electric Co., Ltd. Main Business
7.4.3 LS Electric Co., Ltd. Floating Solar Plants Products, Services and Solutions
7.4.4 LS Electric Co., Ltd. Floating Solar Plants Revenue (US$ Million) & (2019-2024)
7.4.5 LS Electric Co., Ltd. Recent Developments
7.5 Trina Solar
7.5.1 Trina Solar Profile
7.5.2 Trina Solar Main Business
7.5.3 Trina Solar Floating Solar Plants Products, Services and Solutions
7.5.4 Trina Solar Floating Solar Plants Revenue (US$ Million) & (2019-2024)
7.5.5 Trina Solar Recent Developments
7.6 Ocean Sun
7.6.1 Ocean Sun Profile
7.6.2 Ocean Sun Main Business
7.6.3 Ocean Sun Floating Solar Plants Products, Services and Solutions
7.6.4 Ocean Sun Floating Solar Plants Revenue (US$ Million) & (2019-2024)
7.6.5 Ocean Sun Recent Developments
7.7 Adtech Systems
7.7.1 Adtech Systems Profile
7.7.2 Adtech Systems Main Business
7.7.3 Adtech Systems Floating Solar Plants Products, Services and Solutions
7.7.4 Adtech Systems Floating Solar Plants Revenue (US$ Million) & (2019-2024)
7.7.5 Adtech Systems Recent Developments
7.8 Waaree Energies Ltd
7.8.1 Waaree Energies Ltd Profile
7.8.2 Waaree Energies Ltd Main Business
7.8.3 Waaree Energies Ltd Floating Solar Plants Products, Services and Solutions
7.8.4 Waaree Energies Ltd Floating Solar Plants Revenue (US$ Million) & (2019-2024)
7.8.5 Waaree Energies Ltd Recent Developments
7.9 Isigenere (Isifloating)
7.9.1 Isigenere (Isifloating) Profile
7.9.2 Isigenere (Isifloating) Main Business
7.9.3 Isigenere (Isifloating) Floating Solar Plants Products, Services and Solutions
7.9.4 Isigenere (Isifloating) Floating Solar Plants Revenue (US$ Million) & (2019-2024)
7.9.5 Isigenere (Isifloating) Recent Developments
7.10 Swimsol
7.10.1 Swimsol Profile
7.10.2 Swimsol Main Business
7.10.3 Swimsol Floating Solar Plants Products, Services and Solutions
7.10.4 Swimsol Floating Solar Plants Revenue (US$ Million) & (2019-2024)
7.10.5 Swimsol Recent Developments
7.11 Yellow Tropus
7.11.1 Yellow Tropus Profile
7.11.2 Yellow Tropus Main Business
7.11.3 Yellow Tropus Floating Solar Plants Products, Services and Solutions
7.11.4 Yellow Tropus Floating Solar Plants Revenue (US$ Million) & (2019-2024)
7.11.5 Yellow Tropus Recent Developments
8 Industry Chain Analysis
8.1 Floating Solar Plants Industrial Chain
8.2 Floating Solar Plants Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Floating Solar Plants Sales Model
8.5.2 Sales Channel
8.5.3 Floating Solar Plants Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
Sungrow
Ciel and Terre
BayWa r.e.
LS Electric Co., Ltd.
Trina Solar
Ocean Sun
Adtech Systems
Waaree Energies Ltd
Isigenere (Isifloating)
Swimsol
Yellow Tropus
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*If Applicable.