Floating Solar Panel Industry
Global Floating Solar Panel Industry was valued at USD 163.20 Million in the year 2017. Global Floating Solar Panel Industry is further projected to grow at a CAGR of 35.42% from 2017 to reach USD 1847.69 Million by the year 2025. Asia Pacific region holds the highest Industry share in 2017 and Asia Pacific Industry is considered as the fastest growing Industry in the forecasted period. At country level China, Japan and India hold the highest Industry share in 2016 and it is projected to grow at a strongly in the coming years.
Major market players- in Floating Solar Panel Industry are Solaris Synergy, Sharp Corporation, Trina Solar, Yingli Solar, Pristine Sun LLC, Sino Group, KYOCERA Corporation, ITOCHU Corporation, Hanwha Group, Wuxi Suntech Power Co. Ltd., Mitsubishi Electric Corporation, JA SOLAR Co. Ltd. also other 12 companies detailed information in provided in research report.
Strength
Low operation and maintenance cost
Rising need for renewable energy
Weakness
Expensive and delicate
Opportunities
Decrease of evaporation
Threats
The availability of solar radiation can differ depending on location
The Global Solar Floating Panel is segmented by product type, by connectivity, by location, and by region in the forecasted period. The major shares of the Industry come from Stationary in Global Floating Solar Panel Industry. On the other hand, On-Grid type for this Industry is expected to grow at the highest CAGR during the year 2018-2025.Request For Free Sample
By Product Type
Stationary Floating Solar Panels
Tracking Floating Solar Panels
By Connectivity
On Grid Floating Solar Panel
Off-Grid Floating Solar Panel
By Location
On-Shore Floating Solar Panel
Off-Shore Floating Solar Panel
By Region
North America
• USA
• Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
APAC
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Latin America
• Middle East & Africa
(Source of wikipedia)
- No land occupancy: the main advantage of floating PV plants is that they do not take up any land, except the limited surfaces necessary for electric cabinet and grid connections. Their price is comparable with land based plants, but they provide a good way to avoid Land consumption.[3]
- Installation and decommissioning: floating PV plants are more compact than land-based plants, their management is simpler and their construction and decommissioning straightforward. The main point is that no fixed structures exist like the foundations used for a land-based plant so their installation can be totally reversible.
- Water saving and water quality: the partial coverage of basins can reduce the water evaporation. This result depends on climate conditions and on the percentage of the covered surface. In arid climates such as Australia this is an important advantage since about 80% of the evaporation of the covered surface is saved and this means more than 20,000 m3/year/ha. This is a very useful feature if the basin is used for irrigation purposes.
Table of Content
1. Introduction
1.1 Industry Vision
1.2 Limitations
1.3 Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.1.1. Key Data from Secondary Research
2.1.2. Primary Research
2.1.2.1. Key Data from Primary Research
2.1.2.2. Breakdowns of Primary Interviews
2.2. Industry Size Estimation
2.2.1. Bottoms-Up Approach
2.2.2. Top-Down Approach
2.2.3. Annual Revenue Process
2.3. Data Triangulation
2.4. Research Assumptions
2.4.1. Assumption
3. Executive Summary
4. Industry Overview
4.1. Introduction
4.2. Strength
4.3. Weakness
4.4. Opportunities
4.5. Threats
4.6. Regulations
4.7. Supply Chain/Value Chain Analysis
4.8. Patent & Standards
5. Industry Trends
5.1. Introduction
5.2. Porter’s Five Forces Analysis
5.2.1. Threat of New Entrants
5.2.2. Threat of Substitutes
5.2.3. Bargaining Power of Buyers
5.2.4. Bargaining Power of Suppliers
5.2.5. Intensity of Competitive Rivalry
6. Floating Solar Panel Industry, By Product Type
6.1 Stationary Floating Solar Panels
6.2 Tracking Floating Solar Panels
7. Floating Solar Panel Industry, By Connectivity
7.1 On Grid Floating Solar Panel
7.2 Off-Grid Floating Solar Panel
8. Floating Solar Panel Industry, By Location
8.1 On-Shore Floating Solar Panel
8.2 Off-Shore Floating Solar Panel
9. Geographical Analysis