United States Floating Solar Panels Market is expected to hit US$ 21.3 million by 2032 | Major Companies - First Solar, Inc., Ciel & Terre International, Trina Solar Limited, JA Solar Technology Co., Ltd., Kyocera Corporation

Market Size and Growth:

The Global Floating Solar Panels Market Size reached US$ 55.11 million in 2024 and is expected to reach US$ 84.90 million by 2032, growing with a CAGR of 5.55% during the forecast period 2025-2032.

DataM Intelligence has published a new research report on "Floating Solar Panels Market Size 2026". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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The Floating Solar Panels Market refers to the industry involved in the production, installation, and maintenance of photovoltaic systems mounted on water bodies such as lakes, reservoirs, and ponds. These systems convert sunlight into electricity while optimizing space and reducing land usage. Floating solar panels offer benefits like higher efficiency due to natural cooling, minimized water evaporation, and lower environmental impact. The market encompasses technology providers, component manufacturers, project developers, and service companies catering to renewable energy initiatives globally.

Recent Key Developments of United States:

✅ January 2026: NREL released a study showing U.S. reservoirs could host floating solar generating up to 1,476 TWh, even 10% development would significantly advance renewables.

✅ December 2025: Environmental assessments emphasized floating solar's role in powering thousands of homes and reducing emissions, boosting support for U.S. innovation.

✅ December 2025: Multiple solar developers accelerated gigawatt-scale projects, including floating PV pilots on reservoirs to maximize water surfaces for energy generation.

✅ November 2025: Industry reports noted continued investments in pilot floating solar projects as part of broader U.S. solar initiatives, with capital flowing into diverse clean energy efforts.

Recent Key Developments of Japan:

✅ December 2025: Japan Semiconductor signed a virtual PPA for the Kunishitaike plant, highlighting corporate demand for floating solar output in western Japan.

✅ December 2025: The 7.8 MW Kunishitaike floating solar project began supplying non-fossil certificates via a PPA with Japan Semiconductor, one of Japan's largest.

✅ November 2025: Shikoku EPCO expanded floating solar efforts by securing sites for 500 kW+ reservoir projects to meet regional renewables goals.

List of the Key Players in the Floating Solar Panels Market:

First Solar, Inc.
Ciel & Terre International
Trina Solar Limited
JA Solar Technology Co., Ltd.
Kyocera Corporation
Vikram Solar Limited
Hanwha Q CELLS Co., Ltd.
LONGi Green Energy Technology Co., Ltd.
Sharp Corporation
Suntech Power Holdings Co., Ltd.

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This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Segments Covered in the Floating Solar Panels Market:

By Product Type: Tracking Floating Solar Panels, Stationary Floating Solar Panels.

By Location: Onshore Water Bodies, Offshore Water Bodies.

By Technology: Photovoltaic, Concentrated Solar Power (CSP), Concentrator Photovoltaics (CPV), Others.

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of Floating Solar Panels manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 5 & 6: Revenue of Floating Solar Panels in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.

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People Also Ask:

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