A floating solar photovoltaic (FPV) system is an emerging technology in which a solar photovoltaic (PV) system is placed directly on top of a body of water, as opposed to on land or on building rooftops.
The global Floating Solar Photovoltaic System market is projected to reach US$ 382.1 million in 2029, increasing from US$ 261 million in 2022, with the CAGR of 5.7% during the period of 2023 to 2029.
It is expected that global demand for photovoltaic products will remain high in the next few years. According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW. According to the data of China Photovoltaic Industry Association, the global newly installed photovoltaic capacity in 2022 is about 230 GW, and this number in 2023 is predicted to be 280-330 GW. According to the data of the Ministry of Industry and Information Technology, the total output value of China's photovoltaic industry exceeded 1.4 trillion yuan in 2022. From the perspective of production value, mainland China is still the global center of the PV industry. According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%. Among them, the production capacity of silicon wafers, solar cells, and components accounts for as high as 98%, 85% and 77%, respectively. According to the data released by the European Photovoltaic Association, 27 EU countries gained a new PV installed capacity of 41.4 GW in 2022. According to the report of the US Solar Energy Industries Association (SEIA), the US held a new PV installed capacity of less than 19 GW in 2022. But it is estimated that from 2023, the average annual growth rate of new photovoltaic installed capacity will exceed 21%. In terms of Japan, based on data from Fitch and the US Energy Information Administration (EIA), in 2022, Japan's newly installed photovoltaic capacity was 3.57 GW.
The market for floating solar photovoltaic systems is currently in a rapid expansion phase, with its size continuously increasing. Sales growth is primarily driven by the growing focus on environmental sustainability, as these systems offer a renewable energy generation solution under water bodies. They find specific uses across a wide range of applications, including reservoirs, lakes, and water treatment facilities, effectively reducing water surface evaporation while providing clean electricity. The future development prospects are highly promising, with increasing government support for renewable energy, ongoing technological advancements making floating solar PV systems more competitive, and injecting new vitality into the renewable energy market.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Floating Solar Photovoltaic System market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Sungrow
Ciel & Terre
BayWa r.e.
LS Electric
Trina Solar
Ocean Sun
Adtech Systems
Waaree Group
Isigenere
Swimsol
Yellow Tropus
Segment by Type
PV Modules
Floating Body and Anchoring System
Inverter
Others
Segment by Application
Utilities
Residential
Commercial
Production by Region
North America
Europe
China
Japan
Consumption 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, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Floating Solar Photovoltaic System report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Âé¶¹Ô´´ Channel and Customer Analysis
Chapter 9: Âé¶¹Ô´´ Opportunities and Challenges
Chapter 10: Âé¶¹Ô´´ Conclusions
Chapter 11: Research Methodology and Data Source
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Floating Solar Photovoltaic System Âé¶¹Ô´´ Overview
1.1 Product Definition
1.2 Floating Solar Photovoltaic System Segment by Type
1.2.1 Global Floating Solar Photovoltaic System Âé¶¹Ô´´ Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 PV Modules
1.2.3 Floating Body and Anchoring System
1.2.4 Inverter
1.2.5 Others
1.3 Floating Solar Photovoltaic System Segment by Application
1.3.1 Global Floating Solar Photovoltaic System Âé¶¹Ô´´ Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Utilities
1.3.3 Residential
1.3.4 Commercial
1.4 Global Âé¶¹Ô´´ Growth Prospects
1.4.1 Global Floating Solar Photovoltaic System Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Floating Solar Photovoltaic System Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Floating Solar Photovoltaic System Production Estimates and Forecasts (2018-2029)
1.4.4 Global Floating Solar Photovoltaic System Âé¶¹Ô´´ Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Âé¶¹Ô´´ Competition by Manufacturers
2.1 Global Floating Solar Photovoltaic System Production Âé¶¹Ô´´ Share by Manufacturers (2018-2023)
2.2 Global Floating Solar Photovoltaic System Production Value Âé¶¹Ô´´ Share by Manufacturers (2018-2023)
2.3 Global Key Players of Floating Solar Photovoltaic System, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Floating Solar Photovoltaic System Âé¶¹Ô´´ Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Floating Solar Photovoltaic System Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Floating Solar Photovoltaic System, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Floating Solar Photovoltaic System, Product Offered and Application
2.8 Global Key Manufacturers of Floating Solar Photovoltaic System, Date of Enter into This Industry
2.9 Floating Solar Photovoltaic System Âé¶¹Ô´´ Competitive Situation and Trends
2.9.1 Floating Solar Photovoltaic System Âé¶¹Ô´´ Concentration Rate
2.9.2 Global 5 and 10 Largest Floating Solar Photovoltaic System Players Âé¶¹Ô´´ Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Floating Solar Photovoltaic System Production by Region
3.1 Global Floating Solar Photovoltaic System Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Floating Solar Photovoltaic System Production Value by Region (2018-2029)
3.2.1 Global Floating Solar Photovoltaic System Production Value Âé¶¹Ô´´ Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Floating Solar Photovoltaic System by Region (2024-2029)
3.3 Global Floating Solar Photovoltaic System Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Floating Solar Photovoltaic System Production by Region (2018-2029)
3.4.1 Global Floating Solar Photovoltaic System Production Âé¶¹Ô´´ Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Floating Solar Photovoltaic System by Region (2024-2029)
3.5 Global Floating Solar Photovoltaic System Âé¶¹Ô´´ Price Analysis by Region (2018-2023)
3.6 Global Floating Solar Photovoltaic System Production and Value, Year-over-Year Growth
3.6.1 North America Floating Solar Photovoltaic System Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Floating Solar Photovoltaic System Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Floating Solar Photovoltaic System Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Floating Solar Photovoltaic System Production Value Estimates and Forecasts (2018-2029)
4 Floating Solar Photovoltaic System Consumption by Region
4.1 Global Floating Solar Photovoltaic System Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Floating Solar Photovoltaic System Consumption by Region (2018-2029)
4.2.1 Global Floating Solar Photovoltaic System Consumption by Region (2018-2023)
4.2.2 Global Floating Solar Photovoltaic System Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Floating Solar Photovoltaic System Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Floating Solar Photovoltaic System Consumption by Country (2018-2029)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Floating Solar Photovoltaic System Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Floating Solar Photovoltaic System Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Floating Solar Photovoltaic System Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Floating Solar Photovoltaic System Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Floating Solar Photovoltaic System Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Floating Solar Photovoltaic System Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Floating Solar Photovoltaic System Production by Type (2018-2029)
5.1.1 Global Floating Solar Photovoltaic System Production by Type (2018-2023)
5.1.2 Global Floating Solar Photovoltaic System Production by Type (2024-2029)
5.1.3 Global Floating Solar Photovoltaic System Production Âé¶¹Ô´´ Share by Type (2018-2029)
5.2 Global Floating Solar Photovoltaic System Production Value by Type (2018-2029)
5.2.1 Global Floating Solar Photovoltaic System Production Value by Type (2018-2023)
5.2.2 Global Floating Solar Photovoltaic System Production Value by Type (2024-2029)
5.2.3 Global Floating Solar Photovoltaic System Production Value Âé¶¹Ô´´ Share by Type (2018-2029)
5.3 Global Floating Solar Photovoltaic System Price by Type (2018-2029)
6 Segment by Application
6.1 Global Floating Solar Photovoltaic System Production by Application (2018-2029)
6.1.1 Global Floating Solar Photovoltaic System Production by Application (2018-2023)
6.1.2 Global Floating Solar Photovoltaic System Production by Application (2024-2029)
6.1.3 Global Floating Solar Photovoltaic System Production Âé¶¹Ô´´ Share by Application (2018-2029)
6.2 Global Floating Solar Photovoltaic System Production Value by Application (2018-2029)
6.2.1 Global Floating Solar Photovoltaic System Production Value by Application (2018-2023)
6.2.2 Global Floating Solar Photovoltaic System Production Value by Application (2024-2029)
6.2.3 Global Floating Solar Photovoltaic System Production Value Âé¶¹Ô´´ Share by Application (2018-2029)
6.3 Global Floating Solar Photovoltaic System Price by Application (2018-2029)
7 Key Companies Profiled
7.1 Sungrow
7.1.1 Sungrow Floating Solar Photovoltaic System Corporation Information
7.1.2 Sungrow Floating Solar Photovoltaic System Product Portfolio
7.1.3 Sungrow Floating Solar Photovoltaic System Production, Value, Price and Gross Margin (2018-2023)
7.1.4 Sungrow Main Business and Âé¶¹Ô´´s Served
7.1.5 Sungrow Recent Developments/Updates
7.2 Ciel & Terre
7.2.1 Ciel & Terre Floating Solar Photovoltaic System Corporation Information
7.2.2 Ciel & Terre Floating Solar Photovoltaic System Product Portfolio
7.2.3 Ciel & Terre Floating Solar Photovoltaic System Production, Value, Price and Gross Margin (2018-2023)
7.2.4 Ciel & Terre Main Business and Âé¶¹Ô´´s Served
7.2.5 Ciel & Terre Recent Developments/Updates
7.3 BayWa r.e.
7.3.1 BayWa r.e. Floating Solar Photovoltaic System Corporation Information
7.3.2 BayWa r.e. Floating Solar Photovoltaic System Product Portfolio
7.3.3 BayWa r.e. Floating Solar Photovoltaic System Production, Value, Price and Gross Margin (2018-2023)
7.3.4 BayWa r.e. Main Business and Âé¶¹Ô´´s Served
7.3.5 BayWa r.e. Recent Developments/Updates
7.4 LS Electric
7.4.1 LS Electric Floating Solar Photovoltaic System Corporation Information
7.4.2 LS Electric Floating Solar Photovoltaic System Product Portfolio
7.4.3 LS Electric Floating Solar Photovoltaic System Production, Value, Price and Gross Margin (2018-2023)
7.4.4 LS Electric Main Business and Âé¶¹Ô´´s Served
7.4.5 LS Electric Recent Developments/Updates
7.5 Trina Solar
7.5.1 Trina Solar Floating Solar Photovoltaic System Corporation Information
7.5.2 Trina Solar Floating Solar Photovoltaic System Product Portfolio
7.5.3 Trina Solar Floating Solar Photovoltaic System Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Trina Solar Main Business and Âé¶¹Ô´´s Served
7.5.5 Trina Solar Recent Developments/Updates
7.6 Ocean Sun
7.6.1 Ocean Sun Floating Solar Photovoltaic System Corporation Information
7.6.2 Ocean Sun Floating Solar Photovoltaic System Product Portfolio
7.6.3 Ocean Sun Floating Solar Photovoltaic System Production, Value, Price and Gross Margin (2018-2023)
7.6.4 Ocean Sun Main Business and Âé¶¹Ô´´s Served
7.6.5 Ocean Sun Recent Developments/Updates
7.7 Adtech Systems
7.7.1 Adtech Systems Floating Solar Photovoltaic System Corporation Information
7.7.2 Adtech Systems Floating Solar Photovoltaic System Product Portfolio
7.7.3 Adtech Systems Floating Solar Photovoltaic System Production, Value, Price and Gross Margin (2018-2023)
7.7.4 Adtech Systems Main Business and Âé¶¹Ô´´s Served
7.7.5 Adtech Systems Recent Developments/Updates
7.8 Waaree Group
7.8.1 Waaree Group Floating Solar Photovoltaic System Corporation Information
7.8.2 Waaree Group Floating Solar Photovoltaic System Product Portfolio
7.8.3 Waaree Group Floating Solar Photovoltaic System Production, Value, Price and Gross Margin (2018-2023)
7.8.4 Waaree Group Main Business and Âé¶¹Ô´´s Served
7.7.5 Waaree Group Recent Developments/Updates
7.9 Isigenere
7.9.1 Isigenere Floating Solar Photovoltaic System Corporation Information
7.9.2 Isigenere Floating Solar Photovoltaic System Product Portfolio
7.9.3 Isigenere Floating Solar Photovoltaic System Production, Value, Price and Gross Margin (2018-2023)
7.9.4 Isigenere Main Business and Âé¶¹Ô´´s Served
7.9.5 Isigenere Recent Developments/Updates
7.10 Swimsol
7.10.1 Swimsol Floating Solar Photovoltaic System Corporation Information
7.10.2 Swimsol Floating Solar Photovoltaic System Product Portfolio
7.10.3 Swimsol Floating Solar Photovoltaic System Production, Value, Price and Gross Margin (2018-2023)
7.10.4 Swimsol Main Business and Âé¶¹Ô´´s Served
7.10.5 Swimsol Recent Developments/Updates
7.11 Yellow Tropus
7.11.1 Yellow Tropus Floating Solar Photovoltaic System Corporation Information
7.11.2 Yellow Tropus Floating Solar Photovoltaic System Product Portfolio
7.11.3 Yellow Tropus Floating Solar Photovoltaic System Production, Value, Price and Gross Margin (2018-2023)
7.11.4 Yellow Tropus Main Business and Âé¶¹Ô´´s Served
7.11.5 Yellow Tropus Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Floating Solar Photovoltaic System Industry Chain Analysis
8.2 Floating Solar Photovoltaic System Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Floating Solar Photovoltaic System Production Mode & Process
8.4 Floating Solar Photovoltaic System Sales and Âé¶¹Ô´´ing
8.4.1 Floating Solar Photovoltaic System Sales Channels
8.4.2 Floating Solar Photovoltaic System Distributors
8.5 Floating Solar Photovoltaic System Customers
9 Floating Solar Photovoltaic System Âé¶¹Ô´´ Dynamics
9.1 Floating Solar Photovoltaic System Industry Trends
9.2 Floating Solar Photovoltaic System Âé¶¹Ô´´ Drivers
9.3 Floating Solar Photovoltaic System Âé¶¹Ô´´ Challenges
9.4 Floating Solar Photovoltaic System Âé¶¹Ô´´ Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Âé¶¹Ô´´ Size Estimation
11.1.3 Âé¶¹Ô´´ Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Sungrow
Ciel & Terre
BayWa r.e.
LS Electric
Trina Solar
Ocean Sun
Adtech Systems
Waaree Group
Isigenere
Swimsol
Yellow Tropus
Ìý
Ìý
*If Applicable.