Floating Solar Market Insights, Share & Growth Trends 2024-30

The Global Floating Solar Market size in terms of installed capacity is valued at around 5.9 GW in 2023. Along with this, the market is estimated to grow at a CAGR of around 34.2% during the forecast period, i.e., 2024-30.

Business Feb 12, 2025 6 Add to Reading List

Floating Solar Market Insights, Share & Growth Trends 2024-30

Global Floating Solar Market Analysis

MarkNtel Advisors, a leading consulting, data analytics, and market research firm, recently published an analytical report description that describes the recent achievements and developments of prominent players including new launching of innovative products, strategic collaborations, or partnerships, that bolster the growth of the Global Floating Solar market. The research report on the Floating Solar Market presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts.

The report further comprises, “Global Floating Solar Market size in terms of installed capacity is valued at around 5.9 GW in 2023. Along with this, the market is estimated to grow at a CAGR of around 34.2% during the forecast period, i.e., 2024-30.

In case you missed it, we are currently revising our reports. Click on the "request sample report" button to get the latest research data with forecast for the years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn't take long for the team to deliver the most recent version of the report.

Global Floating Solar Market Trend:

Escalating Integration of Floating Solar Panels with Hydro-Thermal Power Plants Emerging as a Significant Market Trend – The combination of solar and hydropower enhances the overall energy efficiency of the system, thereby surging the demand for hybrid solar and hydro systems. The incorporation of floating solar panels on existing hydropower plants results in the maximization of the existing infrastructure and cutting the capital cost of additional equipment and machines required to set up an entirely new plant. Hydropower plants provide ample surface area for the installation of floating solar panels, which resolves the issue of land reservoirs in countries with limited land availability.

Global Floating Solar Market Segment & Geography [2024-30]

The Floating Solar market is segmented into significant segments based on Geography.

-By Type

Pure- Market Size & Forecast 2019-2030, USD Million
Metallic- Market Size & Forecast 2019-2030, USD Million
Membrane- Market Size & Forecast 2019-2030, USD Million

-By Waterbody

Inland- Market Size & Forecast 2019-2030, MW
arine- Market Size & Forecast 2019-2030, MW

-By Component

Service- Market Size & Forecast 2019-2030, USD Million
Equipment- Market Size & Forecast 2019-2030, USD Million

-By Capacity

Upto 10 MW- Market Size & Forecast 2019-2030, Number of Projects
1 MW to 50 MW- Market Size & Forecast 2019-2030, Number of Projects
1 MW to 100 MW- Market Size & Forecast 2019-2030, Number of Projects
>100 MW- Market Size & Forecast 2019-2030, Number of Projects

Geographical Analysis

-By Region

North America
South America
Europe
Middle East & Africa
Asia Pacific

Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/global-floating-solar-market.html

Top Companies Essentially Working in Floating Solar Market

Iberdrola
Ciel & Terre International
RWE
Tractebel
Pristine Sun LLC
Enel Spa
SolarDuck
BayWa r.e.
Ocean Sun AS
Quant Solar
ABL Group
NRG Energia srl
Sterling and Wilson Renewable Energy Limited
Sungrow
Scotra Co. Ltd.
EnBW
Others

Frequently Asked Questions (FAQs)-

What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
What are the trends influencing the current scenario of the market?
What leading factors would propel and impede the industry across the geography?
How has the industry been evolving in terms of geography & Floating Solar adoption?
How has the competition been shaping up across the geography?

Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

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