Press release
Floating Solar Panels Market Revenue to Grow At A CAGR of 45% by 2024
Floating Solar Panels Market
Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/692
Major corporations across the globe have been striving to develop highly efficient and economical products to encourage increased adoption of these panels. The remarkable efforts by key participants such as Pristine Sun, Ciel & Terre, Solaris Synergy, Novaton AG, SPI Energy, Sunengy Pty, Yingli Solar, Vikram Solar, and Kyocera Corporation will lead global floating solar panels market to grow at a remarkable compound annual growth rate over the next few years.
In fact, Kyocera Corporation recently completed the installation of the world’s largest solar power plant in Japan with a capacity of 14.5 MW. More than 4,900 of the country’s homes are likely to be powered with this plant in the years to come. In addition, the availability of less land coupled with the reduced availability of natural resources will also drive Japan floating solar panels industry, which earned over USD 14 billion in 2015.
Floating solar panels are connected via off grid and on grid systems. On grid floating solar panel market share, which accounted for 75% of the overall revenue in 2015, is expected to grow notably over the coming timeframe. Rapid expansion of the utility projects along with tax concessions offered by government will favorably impact the business growth.
APAC floating solar panels market will be propelled mainly by China, Japan, and India. Driven by the rising investments on the installation of PV systems, China floating solar panels industry will earn USD 140 million by 2024, with a CAGR estimation of 30% over 2016-2024. U.S. floating solar panels market, on the other hand, is forecast to generate a revenue of USD 250 million by 2024, with a staggering CAGR of 67% over 2016-2024.
The governments of various nations have been tirelessly working toward achieving extensive utilization of floating solar panels. In lieu of this fact, many of them have been providing supportive financial schemes such as feed-in tariffs, tax rebates, subsidies, and the like, which will augment on-grid floating solar panels market. Its counterpart, the off-grid connectivity segment, is anticipated to grow at a CAGR of 30% over 2016-2024, fueling global floating solar panels industry.
Browse key industry insights spread across 145 pages with 243 market data tables & 10 figures & charts from the report, “Floating Solar Panels Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/floating-solar-panels-market
Floating solar panels, being a viable, efficient, and cost-friendly alternative to ground-mounted PV systems, are being adopted extensively all over, boosting floating solar panels market. In addition, stringent government rules to curb the GHG emissions will also propel this industry in the next few years.
Major Key Points from Table of Content:
Chapter 5 Floating Solar Panels Market, By Capacity
5.1 Market share by capacity, 2015 & 2024
5.2 0.1 – 1 MW
5.2.1 0.1 – 1 MW segment, 2013 – 2024
5.2.2 0.1 – 1 MW segment volume, by region, 2013 – 2024
5.2.3 0.1 – 1 MW segment revenue, by region, 2013 – 2024
5.3 1 – 5 MW
5.3.1 1 – 5 MW segment, 2013 – 2024
5.3.2 1 – 5 MW segment volume, by region, 2013 – 2024
5.3.3 1 – 5 MW segment revenue, by region, 2013 – 2024
5.4 ≥ 5 MW
5.4.1 5 MW & above segment, 2013 – 2024
5.4.2 5 MW & above segment volume, by region, 2013 – 2024
5.4.3 5 MW & above segment revenue, by region, 2013 – 2024
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/floating-solar-panels-market
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Floating Solar Panels Market Revenue to Grow At A CAGR of 45% by 2024 here
News-ID: 1840122 • Views: …
More Releases from Global Market Insights, Inc.
Hepatitis B Vaccine Market Set to Surpass $12 Billion by 2034
The global hepatitis B vaccine market is poised for significant expansion over the next decade, fueled by rising liver disease cases, expanded immunization coverage, and advancements in vaccine development. Valued at USD 6.7 billion in 2024, the market is projected to reach USD 7.3 billion in 2025 and surge to USD 12 billion by 2034, reflecting a healthy compound annual growth rate (CAGR) of 5.7%.
A major driver behind this growth…
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
More Releases for Floating
Floating Work Platforms Market Expected To Rise Significantly From 2023-2030| Xi …
"Worldwide Market Reports offers 𝐔𝐩𝐭𝐨 𝟕𝟎% 𝐝𝐢𝐬𝐜𝐨𝐮𝐧𝐭 on Floating Work Platforms Market Reports on Single User Access and Unlimited User Access"
The report discusses everything a marketer requires before investing in the global Floating Work Platforms during the forecast period 2023-2030. It provides detailed insight into current trends, shares, size, and sales value and volume. The data used for this report is obtained from reliable industry sources, paid resources, and validated…
Floating Power Plant Market
In the past few years, the Floating Power Plant market experienced a huge change under the influence of COVID-19 and Russia-Ukraine War, the global market size of Floating Power Plant reached the predicted milestone in 2022 with the rising CAGR from 2017-2022. Facing the complicated international situation, the future of the Floating Power Plant market is full of uncertain. Report predicts that the global Floating Power Plant market size will…
Floating PV Systems Dominate Floating Solar Panels Industry
A collection of photovoltaic solar panels set on a structure that floats on a body of water, typically a lake or reservoir, is referred to as a floating solar power plant or floating solar farm. The construction of floating solar farms uses floating solar panels.
The usage of floating solar panels has been expanding because they offer a cost-effective, novel, and reliable renewable alternative for utilizing the vacant water surfaces of…
High-Quality Floating Wheel Cap/LED Floating Wheel Cap Product in South Korea
Boswell Korea Co., Ltd. developed the LED emblem and spinning wheel cap for the first time in Korea.
Great Benefits of Bosswell Korea
✔Car dress-up tuning products
✔LED floating wheel cap patent introduction (Korea, USA, Japan, China),
✔Floating wheel cap patent (September 2020)
✔Janine, Spain, introduces NSV in Dubai, floating wheel cap to the world, Reliability Test Pass Test Report
The floating Wheel Cap is the logo of the car manufacturer that stays upright all…
Automotive Products |Floating wheel cap and LED Floating Wheel Caps Manufacturer
Bosswellkorea, Inc. was founded in 2014 and is specializing in the development of automotive products, LED lighting floating wheel cap and LED lighting emblem, LED lighting signboard. LED floating wheel cap patent introduction (Korea, USA, Japan, China), Floating wheel cap patent (September 2020). Janine, Spain, introduces NSV in Dubai, floating wheel cap to the world Reliability Test Pass Test Report
A floating wheel cap is a product that fits in the…
Global Floating Work Platforms Market 2019 Industry Insights and Major Players a …
"Up Market Research, has recently developed a report on the ‘Floating Work Platforms market’ which presents substantial inputs about the market size, market share, regional trends, and profit projection of this business sphere. The report also enlightens users regarding the foremost challenges and existing growth tactics implemented by the leading organizations that constitute the dynamic competitive gamut of this industry.
The Global Floating Work Platforms market 2019 research provides a basic…
