The global floating solar system market size was USD 39.22 Million in 2022 and is expected to register a steady revenue CAGR of 22.4% during the forecast period, according to latest analysis by Emergen Research. The floating solar system market has been gaining popularity in recent years due to its numerous benefits. Floating solar systems are solar power plants that are installed on bodies of water, such as lakes, ponds, and reservoirs. The technology has been rapidly growing in popularity as it provides a solution to land scarcity and offers several advantages over traditional solar installations.
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The key players profiled in the report are:
Ciel et Terre International, Talesun, SolarisFloat, Solimpeks, SHARP CORPORATION, Trina Solar, KYOCERA Corporation, JA Solar Technology Co. Ltd, Saur Energy, and Vivaan Solar Private Limited
Floating Solar System Market Segmentation:
Type Outlook (Revenue, USD Million; 2019-2032)
- Stationary Floating Solar Panels
- Solar-Tracking Floating Solar Panels
Panel Type Outlook (Revenue, USD Million; 2019-2032)
- Mono-crystalline
- Poly-crystalline
- Thin Film
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