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Floating Solar Panels Market Share

Report ID: GMI692
Published Date: Feb 2017
Report Format: PDF

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Floating Solar Panels Market Share

Global industry players include

Solaris Synergy
Sunengy Pty
Vikram Solar
Ciel & Terre
Kyocera Corporation
Novaton AG
Yingli Solar
Pristine Sun
SPI Energy

Companies are investing significantly in R&D to develop cost effective technology with high reliability index. Presence of limited global players is influencing the small and local players to easily expand their business size across the region.

Authors: Ankit Gupta, Abhishek Chopra

Frequently Asked Questions (FAQ) :

The market size of floating solar panels was valued over 63.4 MW in 2015.

The industry share of floating solar panels is projected to witness 46.6% growth rate during 2016 to 2024.

UK market share is set to witness strong growth of over 60% in terms of volume by 2024 due to introduction of several stringent emission regulations and its limited landmass.

U.S. market size is anticipated to reach USD 250 million by 2024 owing to favorable government initiatives to increase dependency on clean energy sources.

According to the analysts at GMI, the China industry is predicted to grow at substantial rate of over 30% during the forecast timeframe.

Major industry players include Solaris Synergy, Sunengy Pty, Vikram Solar, Ciel & Terre, Kyocera Corporation, Novaton AG, Yingli Solar, Pristine Sun and SPI Energy.