The
global Floating Solar Panels
Market
share report provides numbers for applications and regional segments of the
industry covering historical as well as forecast data for decision makers.
Strict
government measures for reducing carbon emissions along with promotion of
renewable energy use is expected to push floating solar panel market size over
the coming years. In addition to this, technological breakthroughs along with
low solar component costs will further boost the industry trends significantly.
Low land availability for PV systems installations is anticipated to further
stimulate the industry outlook over the coming timeframe. In this regards, the
countries are focusing on maximum utilization of the waterbodies to address the
rising energy needs. For instance, Singapore is collaborating actively with
private firms to effectively utilize its waterbodies for development of new
floating solar panel products, addressing the requirement of over 6 million
population base. The country had launched the world’s largest floating solar PV
cell test-bed on October 25th, 2016.
Stationary
and Tracking are the major floating solar panel products. Stationary floating
solar panels accounted for 90% of the overall floating solar panel market share
in 2015, and is expected to witness lucrative gains over the coming years. The
growth can be attributed to the high popularity of these products across
emerging economies, owing to its cost-effectiveness. Tracking floating solar
panel industry revenue is expected to hit USD 250 million by 2024, primarily
driven by its durability and proficiency.
Floating
solar panels are connected via off grid and on grid systems. On grid floating
solar panel market share, which accounted for 75% of the overall revenue in
2015, is expected to grow notably over the coming timeframe. Rapid expansion of
the utility projects along with tax concessions offered by government will
favorably impact the business growth.
Off
grid floating solar panel industry is expected to witness a noteworthy
expansion over the coming seven years. Implementation of distributed power
generating systems across the emerging economies will influence the business.
- U.S. floating solar panel industry
value is projected to surpass USD 250 million by 2024, due to the
beneficial government regulations promoting the use of renewable energy
sources as well as clean energy technologies.
- Limited land availability along
with scarcity of natural resources will boost the demand for PV systems
deployment, thereby stimulating Japan floating solar panel market growth
over the coming seven years, having attained a revenue of USD 14 million in
2015.
- Brazil floating solar panel market
is anticipated to observe a substantial growth over the coming timeframe,
driven by high investments in PV systems installations across the nation’s
large water bodies.
- UK floating solar panel industry is
slated to witness a high surge over the coming seven years, driven by
implementation of strict legislations to restrict carbon emissions.
- Substantial reduction in solar
panel costs will escalate China floating solar panel industry size over
the period of 2016-2024.
Chapter 1 Methodology & Scope
1.1 Methodology
1.1.1 Initial data
exploration
1.1.2 Statistical
model and forecast
1.1.3 Industry
insights and validation
1.1.4 Scope &
assumptions
1.2 Data Sources
1.2.1 Primary
1.2.2. Secondary
Chapter 2 Executive Summary
2.1 Floating solar
panels industry 3600 synopsis, 2013 - 2024
2.1.1 Business trends
2.1.2 Regional trends
2.1.3 Product trends
2.1.4 Capacity trends
2.1.5 Connectivity trends
Chapter 3 Floating Solar Panels Industry
Insights
3.1 Industry
segmentation
3.2 Industry
size & forecast, 2013 - 2024
3.3 Industry
ecosystem analysis
3.4 Innovation
& sustainability
3.5 Regulatory
landscape
3.5.1 Japan
3.5.2 Europe
3.5.3 China
3.5.4 U.S.
3.5.5 India
3.5.6 Brazil
3.5.6 Australia
3.6 Price trend
analysis
3.7 Industry
impact forces
3.7.1 Growth drivers
3.7.1.1 Increasing
adoption of clean energy sources
3.7.1.2 High land
acquisition cost
3.7.1.3 High capacity
utilization factor
3.7.2 Industry
pitfalls & challenges
3.7.2.1 High initial installation cost
3.8 Growth
potential analysis
3.9 Porter’s
analysis
3.10 Competitive
landscape, 2015
3.10.1 Strategy dashboard
3.11 PESTEL analysis
This
latest Floating Solar Panels Market research report offers in-depth analysis,
key industry insights, market sizing & forecast on a granular level for key
products, applications across number of regional markets. The report also
analyzes the Floating Solar Panels industry from business strategy perspective,
describing in detail growth drivers, pitfalls &challenges for participants,
accompanied by a detailed competitive benchmarking including company market
share analysis and detailed business profiles.
Reasons to Buy This Report
·
Global
Floating Solar Panels Market size & forecast by product & application.
·
Growth
drivers, pitfalls & industry challenges.
·
Key
Floating Solar Panels Market growth opportunities & emerging business
models.
·
Competitive
benchmarking with market share analysis and company profiles.
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