Global Floating Solar Panels Market, Size, Share, Analysis, Forecast to 2020 By P&S Market Research


The global floating solar panels market was valued at $3.89 million in 2014, and it is expected to grow with a CAGR of 116.1% during 2015 - 2020. The factors driving the growth of the market include increased government initiatives and stringent environmental regulations, no need for acquisition of large land areas, and increased efficiency of power generation. The rapid depletion of fossil fuels and global warming caused by their usage has shifted the global interest from conventional energy to green energy. The different governments across the globe have initiated several projects and schemes to promote and encourage the generation of renewable energy. With the advent of floating solar technology, several countries such as Japan, the U.S., the U.K., France, Australia, India, and Brazil have started taking initiatives to develop floating solar power plants. 

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Geographically, the Asia-Pacific market accounted for the largest share in the global floating solar panels market in 2014. The floating solar panels market in Asia-Pacific is growing mainly, due to increased government initiatives in promoting the usage of floating solar panels. The stringent environmental regulations and high energy demand at lower cost are also supporting the demand for cost effective and efficient floating solar panels. The installation of ground-based solar systems requires large land, the acquisition of which increases the cost of solar power installation. Therefore, floating solar panel technology and presence of abundant water bodies (such as ponds, lakes, rivers, waste water bodies and industrial effluent ponds) are creating ample growth opportunities for the solar panel industry in Asia-Pacific during the coming years.

 

The key companies operating in the global floating solar panels market include Novaton AG, Ciel & Terre International, DNV GL AS, Infratech Industries Inc., KYOCERA Corporation, SPI Solar, Pristine Sun, Yingli Green Energy Holding Company Limited, Trina Solar Limited and Sharp Corporation.


TABLE OF CONTENT

Chapter 1. Research Scope & Methodology        

Market Definition 
Market Scope
Floating solar panels market breakdown by product type


Chapter 2. Executive Summary

                     Key Findings
                     Research Summary 

                     Chapter 3. Market Outlook        
           Introduction


                     Value chain analysis
                     Opportunities in the Floating Solar Panels Market
                     Massive unexplored floating solar panels market across the globe 

                    Chapter 4. Economic Analysis of Floating Solar Panels

                    Introduction
                    Investment 
                    Cost of Components 
          Expense and Revenue Analysis

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