A floating solar photovoltaic (FPV) system is an emerging technology in which a solar photovoltaic (PV) system is placed directly on top of a body of water, as opposed to on land or on building rooftops.
Floating Solar Photovoltaic System Market contains market size and forecasts of Floating Solar Photovoltaic System in global, including the following market information:
- Global Floating Solar Photovoltaic System Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global Floating Solar Photovoltaic System Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Floating Solar Photovoltaic System companies in 2021 (%)
The global Floating Solar Photovoltaic System market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
PV Modules Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Floating Solar Photovoltaic System include Sungrow, Ciel & Terre, BayWa r.e., LS Electric, Trina Solar, Ocean Sun, Adtech Systems, Waaree Group and Isigenere, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Floating Solar Photovoltaic System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Floating Solar Photovoltaic System Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Floating Solar Photovoltaic System Market Segment Percentages, by Type, 2021 (%)
- PV Modules
- Floating Body and Anchoring System
- Inverter
- Others
Global Floating Solar Photovoltaic System Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Floating Solar Photovoltaic System Market Segment Percentages, by Application, 2021 (%)
- Utilities
- Residential
- Commercial
Global Floating Solar Photovoltaic System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Floating Solar Photovoltaic System Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Floating Solar Photovoltaic System revenues in global market, 2017-2022 (Estimated), ($ millions)
- Key companies Floating Solar Photovoltaic System revenues share in global market, 2021 (%)
- Key companies Floating Solar Photovoltaic System sales in global market, 2017-2022 (Estimated), (K Units)
- Key companies Floating Solar Photovoltaic System sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Sungrow
- Ciel & Terre
- BayWa r.e.
- LS Electric
- Trina Solar
- Ocean Sun
- Adtech Systems
- Waaree Group
- Isigenere
- Swimsol
- Yellow Tropus