Floating Solar Panels Market Global Industry Analysis and Opportunity Assessment 2022-2030

Floating Solar Panels Market Synopsis

Market Research Future (MRFR) in its latest report reveals that the global floating solar panels market is set to expand rapidly in the forthcoming years. Floating solar panels are witnessing a strong commercial interest. Solar energy is an alternative solution to rapidly depleting fossil fuel. Floating solar panel also referred to as floating photovoltaic (FPV) is a well-organised array of solar panel on water body on a lake or artificial basin.

With rapid depletion of fossil fuels and other non-renewable energy sources, research has increased to develop new techniques for harvesting energy from renewable sources. Photovoltaic systems are being vastly utilized for harvesting solar energy with the help of solar panels that are installed on large land areas. Recent technological advancement has led to the development of floating solar panels that are installed on the structure that floats on a water body, which does not occupy much of the land area.

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Floating Solar Panels Market Segmentation

Segmentation of the global Floating Solar Panels Market Analysis is based on product, location and region.

Based on the product, the floating solar panel market is segmented into the stationary floating solar panel and tracking floating solar panel.

Based on location, the floating solar panel market is segmented into onshore and offshore. The tax relaxation offered by the government is driving the growth of the onshore floating solar panel segment.

The offshore floating solar panel is responsible for renewable decentralized distribution of energy. This, in turn, is creating sustainable development in power generating systems. Hence an advantage to global floating solar panel market growth.

Based on region Market Research Future studied the floating solar panel market in North America, Europe, Asia Pacific and rest of the world (ROW).

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Report Attribute Details
Forecast Period 2022 – 2030
Market Growth value XX % CAGR
Revenue forecast in 2022-2030 USD XX billion
Base year for estimation 2021
Historical data 2019 – 2020
Unit USD Billion, CAGR (2021 – 2030)
Segmentation By Application, By End-Use, and By Region


  1. What is “Floating Solar Panels” Market?
  2. Who are the Top Market manufacturers?
  3. Which are the most Business Regions across the globe?
  4. How big is the “Floating Solar Panels” Market in upcoming Years?
  5. What are the Latest developments/industry updates in the “Floating Solar Panels” Market?

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