Floating Solar Panels Market 2020 Overview, Geographical Segmentation, Industry Size & Share, complete Analysis to 2027

Floating solar panels are also known as floating photovoltaic (FPV); it is a solar array that floats on the body of water. Changing preferences for power generation from renewable sources of energy, such as wind and solar, several government initiatives to promote solar energy, and increased investments in renewable energy sources are some of the major factors boosting the growth of the floating solar panels market.

An increasing focus towards clean fuel electricity generation sources, coupled with scarcity of land, drives the floating solar panels market over the forecast period. Benefits associated with the setting up of floating panels plants as comparing with conventional plants are likely to fuel the floating solar panels market growth. However, the overall cost of floating solar panels is higher than the stationary type, which act as a major restraint for the floating solar panels market growth. Further, high energy demand, growing networks of solar installers, and reductions in technology prices are expected to propel the floating solar panels market growth.

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Key Players:
1. Ciel and Terre International
2. Hanwha Group
3. JA SOLAR Technology Co.,Ltd.
4. KYOCERA Corporation
5. LONGi Solar
6. Panasonic Corporation
7. Sharp Corporation
8. Solaris Synergy
9. Trina Solar Co., Ltd.
10. Yingli Solar

The global floating solar panels market is segmented on the basis of product, capacity. On the basis of product the market is segmented tracking floating solar panels, stationary floating solar panels. On the basis of capacity the market is segmented as below 1MW, 1MW - 5 MW, above 5 MW.

Major Features of Floating Solar Panels Market Report:
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Floating Solar Panels market.
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the global Floating Solar Panels market, thereby allowing players across the value chain to develop effective long-term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.

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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global floating solar panels market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The floating solar panels market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting floating solar panels market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the floating solar panels market in these regions.

Sameer Joshi
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