Floating PV system is great efficient system which innovates the limitation of conventional PV site. Floating PV systems are installed on unused waters to convert unused areas into profitable renewable energy generators.Floating PV systems increase the efficiency of electricity generation due to the natural cooling effect of the water beneath the solar cells.
Onshore Offshore Floating Solar Market contains market size and forecasts of Onshore & Offshore Floating Solar in Global, including the following market information:
- Global Onshore & Offshore Floating Solar Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Onshore & Offshore Floating Solar market was valued at 21 billion in 2022 and is projected to reach US$ 30 billion by 2028, at a CAGR of 24.53% during the forecast period.
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 Onshore & Offshore Floating Solar include Ciel and Terre International, Swimsol, Yellow Tropus Pvt. Ltd., Adtech Systems Limited, Sungrow, EDP Group, Ocean Sun AS, Kyocera TCL Solar and Waaree Energies Ltd, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Onshore & Offshore Floating Solar companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Onshore & Offshore Floating Solar Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Onshore & Offshore Floating Solar Market Segment Percentages, by Type, 2021 (%)
- PV Modules
- Lightning Protection System
- Anchoring System
- Inverter
- Others
Global Onshore & Offshore Floating Solar Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Onshore & Offshore Floating Solar Market Segment Percentages, by Application, 2021 (%)
- Irrigation
- Hydroelectric Dam
- Water Treatment
- Quarry & Mining
- Others
Global Onshore & Offshore Floating Solar Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Onshore & Offshore Floating Solar 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 Onshore & Offshore Floating Solar revenues in global market, 2017-2022 (estimated), ($ millions)
- Key companies Onshore & Offshore Floating Solar revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Ciel and Terre International
- Swimsol
- Yellow Tropus Pvt. Ltd.
- Adtech Systems Limited
- Sungrow
- EDP Group
- Ocean Sun AS
- Kyocera TCL Solar
- Waaree Energies Ltd
- ls electric
- Mitsubishi
- Hanwha
- Akuo Energy SAS
- Solar Energy Corporation of India
- BayWa r.e. AG
- Texel4Trading BV
- NRG Island
- BELECTRIC GmbH
- Duke Energy
- Trina Solar