Floating Solar Market Size, Trends and Its Emerging Opportunities Through 2026- MarkNtel Advisors
According to MarkNtel Advisors' research report, "Global Floating Solar Market Analysis, 2021," the market is likely to grow at a CAGR of 45% in the forecast period of 2021-26. It owes to prominent factors, including the growing number of government initiatives & support for renewable energy and the burgeoning investment in the large-scale floating solar project by developing countries to increase energy yield & enhance water quality. Besides, surging spending in research and development, increasing focus towards clean fuel source for electricity generation, and the growing use of water resources to install floating solar panels are other crucial factors likely to propel the overall market growth in the forecast period.
Get a sample copy of the market report: https://www.marknteladvisors.com/query/request-sample/global-floating-solar-market.html
Key Questions Covered in this report:
1. What are the current & future trends in the Global Floating Solar Market?
2. How has the competition been shaping across various countries, followed by their comparative factorial indexing?
3. What are the key results derived from surveys conducted during the Global Floating Solar Market study?
4. What are the key innovations, opportunities and regulations in the Global Floating Solar Market?
5. What are the strengths & weaknesses of key competitors, and how do they perform in the Global Floating Solar Market based on a competitive matrix?
Impact of Covid-19 on the Global Floating Solar Market
The Covid-19 pandemic had a decelerating effect on most industries in 2020. However, the Global Floating Solar market did not observe, as such, any negative impact. Several countries categorized the solar industry under essentials to ensure continuous business operations even during restrictions & uncertainties. Although, floating solar plants were operational amidst the crisis.
Still, with the sudden imposition of lockdown, the industry underwent a temporary halt and witnessed unprecedented challenges during the pandemic. Since most countries worldwide import solar materials, mainly from China, travel bans and import & export restrictions resulted in supply chain disruptions and shortage of raw materials.
However, with the gradual betterment in the pandemic, the governments of different countries uplifted restrictions & permitted the recommencement of business operations. In addition, exports from Chinese ports got reinstated while most countries gradually allowed imports. As a result, the market is projected to observe swift revival and witness substantial growth in the coming years.
Get the detailed analysis of the market with TOC: https://www.marknteladvisors.com/research-library/global-floating-solar-market.html
Prime Features of the Research Report:
The prime objective of this report is to help users understand the Global Floating Solar Market's definition, shares, segmentation, potential, key trends, and growth challenges. The readers will find this report extremely helpful in thoroughly understanding the market insights. The market data & information taken from reliable sources were checked & validated by the industry experts. Following are other inclusions of the Global Floating Solar Market research report:
• Covid-19 Impact Analysis on the market growth.
• Regional/Country-Level Landscape
• Figures citing sales volume & revenue.
• Assessment of the major industry trends.
• A citation of the prominent companies in the Market
*Concentrated Solar Power
*≥ 5 MV
*Middle East & Africa
-Sunengy Pty Ltd.
-Ciel & Terre International
-Pristine Sun LLC
-SPI Energy Co., Ltd.
-JA Solar Technology Co. Ltd.
-Ocean Sun AS
-Tata Power Solar System Ltd.
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