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Floating Solar PV Market Trends

Report ID: GMI11515
Published Date: Sep 2024
Report Format: PDF

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Floating Solar PV Market Trends

Rising partnership between floating solar PV systems and hydropower plants is emerging as a highly complementary and efficient renewable energy solution will stimulate the industry statistics. This hybrid approach allows for the efficient use of existing hydropower infrastructure, leading to increased energy output and grid stability. Key advantages comprising the ability to leverage existing infrastructure, such as grid connections and substations will drive the industry scenario. Additionally, maintenance teams for hydropower plants can often manage both the hydropower and floating solar components, lowering operational costs by reducing the need for additional resources or personnel

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The healthcare wearable robots industry was valued at USD 443 million in 2023 and is projected to grow at a CAGR of 29.1% from 2024 to 2032, driven by factors such as rising disabilities, increasing focus on patient independence, and growing demand for rehabilitation solutions.

Soft wearable robots, valued at USD 390.2 million in 2023, are increasingly popular due to their lightweight, flexible materials that provide comfort and adaptability. These robots are especially beneficial for patients with neurological conditions such as stroke or Parkinson

Lower body wearable robots were valued at USD 327.4 million in 2023. These devices are crucial for providing mobility assistance to patients with spinal cord injuries (SCI) and are designed to enhance real-time movement assistance, improving the quality of life for individuals with severe mobility impairments.

The North America market was valued at USD 193.3 million in 2023. Key drivers include the rising incidence of sports injuries, accidents, and workplace incidents.

Prominent players in the healthcare wearable robots industry include ANGEL ROBOTICS, Bioservo Technologies AB, CYBERDYNE INC., DIH Medical, Ekso Bionics Holdings Inc., Fourier Intelligence, Myomo, Inc., ReWalk Robotics, and Ottobock SE & Co. KGaA, among others.