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Published: Jan, 2017 | Pages:
85 | Publisher: Grand View Research
Industry: Energy | Report Format: Electronic (PDF)
The global floating solar panels market is expected to reach USD 2.70 billion by 2025, according to a new report by Grand View Research, Inc. The technology is expected to witness significant growth over the forecast period owing to rising demand for reliable renewable power generation. Furthermore, the ability to mitigate land cost is expected to favor demand over the projected period. The growing focus of various governments towards the use of renewable energy for power generation coupled as well as lower environmental pollution by reducing the dependence on fossil fuels is expected to have a positive impact over the projected period. Declining panel cost leading to lower per unit cost of generation is a key factor promoting the use of solar technology for power generation. Furthermore, lack of availability of suitable land for installation coupled with its ability to lower the impact of evaporation is a key factor driving the market over the forecast period. Further key findings from the report suggest: • The penetration of stationary floating solar technology is expected to grow, particularly in developing and emerging economies owing to the low cost of installation as compared to its counterpart. • Tracking floating solar panels are expected to grow over the next nine years owing to the increased efficiency of the panels with tracking technology. The growing R&D investments by the installers and panel manufacturers to reduce the cost of this particular technology are likely to bolster market growth. • Japan accounted for over 75% of the overall revenue share in 2015 owing to the low availability of land and favorable initiatives taken by the government to promote the use of renewable sources of energy. In addition, the industry is expected to grow substantially on account of the numerous plans sanctioned by the Japanese government. • Europe is one of the leading installers of the technology owing to the rising market penetration in the UK with around six plants and an installed capacity of over 10,000 kW of the overall installations in Europe. • Key players in the industry include Kyocera Corporation, Trina Solar, Sharp Corporation and Yingli Solar. Ciel & Terre is expected to be the largest installer of floating panels across the globe. The company accounts for over 50% of the overall floating panels installations.
Table of Contents Chapter 1 Methodology And Scope 1.1 Research Methodology 1.2 Research Scope & Assumptions 1.3 List of Data Sources Chapter 2 Executive Summary 2.1 Market Snapshot Chapter 3 Floating Solar Panels Market Variables, Trends & Scope 3.1 Market segmentation& scope 3.2 Floating Solar Panels - Value Chain Analysis 3.3 Market Dynamics 3.3.1 Market Driver Analysis 3.3.1.1 Rising need for renewable energy sources coupled with high land acquisition cost attributed to conventional solar panels 3.3.2 Market Restraint Analysis 3.3.2.1 High price of the panels 3.4 Penetration & growth prospect mapping 3.5 Regulatory Framework 3.6 Floating Solar Panels Market - PESTEL Analysis 3.7 Industry Analysis - Porter's Chapter 4. Floating Solar Panels Market: Product Estimates & Trend Analysis 4.1. Floating solar panels market: Product movement analysis 4.2. Tracking Floating Solar Panels 4.2.1. Market estimates and forecast, 2014 - 2025 (Kilowatt) (USD Million) 4.2.2. Market estimates and forecast, by region, 2014 - 2025 (Kilowatt) (USD Million) 4.3. Stationery Floating Solar Panels 4.3.1. Market estimates and forecast, 2014 - 2025 (Kilowatt) (USD Million) 4.3.2. Market estimates and forecast, by region, 2014 - 2025 (Kilowatt) (USD Million) Chapter 5. Floating Solar Panels Market: Regional Estimates & Trend Analysis 5.1. Regional Movement Analysis & Market Share, 2015 & 2025 5.2. U.S. Movement Analysis & Market Share, 2015 & 2025 5.2.1. Market estimates and forecast by product, 2014 - 2025 (Kilowatt) (USD Million) 5.3. Europe Movement Analysis & Market Share, 2015 & 2025 5.3.1. Market estimates and forecast by product, 2014 - 2025 (Kilowatt) (USD Million) 5.4. Asia Movement Analysis & Market Share, 2015 & 2025 5.4.1. Market estimates and forecast by product, 2014 - 2025 (Kilowatt) (USD Million) 5.5. Japan Movement Analysis & Market Share, 2015 & 2025 5.5.1. Market estimates and forecast by product, 2014 - 2025 (Kilowatt) (USD Million) 5.6. Central & South America Movement Analysis & Market Share, 2015 & 2025 5.6.1. Market estimates and forecast by product, 2014 - 2025 (Kilowatt) (USD Million) 5.7. Rest of World Movement Analysis & Market Share, 2015 & 2025 5.7.1. Market estimates and forecast by product, 2014 - 2025 (Kilowatt) (USD Million) Chapter 6. Competitive Landscape 6.1. Company Market Share Analysis 6.2. Vendor Landscape 6.3. Competitive Environment 6.4. Company Market Positioning 6.5. Strategy Framework 6.6. Market Participation Categorization 6.7. Heat Map Analysis 6.7.1. Heat Map Analysis, By Segment Chapter 7. Company Profiles 7.1. Hanwha Solar 7.1.1. Company Overview 7.1.2. Financial Performance 7.1.3. Product Benchmarking 7.1.4. Strategic Initiatives 7.2. KYOCERA Corporation 7.2.1. Company Overview 7.2.2. Financial Performance 7.2.3. Product Benchmarking 7.2.4. Strategic Initiatives 7.3. ITOCHU Corporation 7.3.1. Company Overview 7.3.2. Financial Performance 7.3.3. Product Benchmarking 7.4. Wuxi Suntech Power Co., Ltd. 7.4.1. Company Overview 7.4.2. Financial Performance 7.4.3. Product Benchmarking 7.5. Sharp Corporation 7.5.1. Company Overview 7.5.2. Financial Performance 7.5.3. Product Benchmarking 7.6. Yingli Solar 7.6.1. Company Overview 7.6.2. Financial Performance 7.6.3. Product Benchmarking 7.7. Trina Solar 7.7.1. Company Overview 7.7.2. Financial Performance 7.7.3. Product Benchmarking 7.8. Solaris Energy 7.8.1. Company Overview 7.8.2. Financial Performance 7.8.3. Product Benchmarking 7.9. Sunengy 7.9.1. Company Overview 7.9.2. Financial Performance 7.9.3. Product Benchmarking 7.10. Sinovoltaics Group 7.10.1. Company Overview 7.10.2. Financial Performance 7.10.3. Product Benchmarking 7.10.4. Strategic Initiatives 7.11. JA SOLAR Co. Ltd. 7.11.1. Company Overview 7.11.2. Financial Performance 7.11.3. Product Benchmarking 7.12. Mitsubishi Electric US, Inc. 7.12.1. Company Overview 7.12.2. Financial Performance 7.12.3. Product Benchmarking 7.13. Ciel & Terre 7.13.1. Company Overview 7.13.2. Financial Performance 7.13.3. Product Benchmarking
List of Tables 1. Stationary floating solar panels market demand, 2014 - 2025 (Kilowatt) (USD Million) 2. Tracking floating solar panels market demand, 2014 - 2025 (Kilowatt) (USD Million) 3. U.S. floating solar panels market estimates and forecast, by product, 2014 - 2025 (Kilowatt) 4. U.S. floating solar panels market estimates and forecast, by product, 2014 - 2025 (USD Million) 5. Europe floating solar panels market estimates and forecast, by product, 2014 - 2025 (Kilowatt) 6. Europe floating solar panels market estimates and forecast, by product, 2014 - 2025 (USD Million) 7. Asia floating solar panels market estimates and forecast, by product, 2014 - 2025 (Kilowatt) 8. Asia floating solar panels market estimates and forecast, by product, 2014 - 2025 (USD Million) 9. Japan floating solar panels market estimates and forecast, by product, 2014 - 2025 (Kilowatt) 10. Japan floating solar panels market estimates and forecast, by product, 2014 - 2025 (USD Million) 11. Central & South America floating solar panels market estimates and forecast, by product, 2014 - 2025 (Kilowatt) 12. Central & South America floating solar panels market estimates and forecast, by product, 2014 - 2025 (USD Million) 13. Rest of World floating solar panels market estimates and forecast, by product, 2014 - 2025 (Kilowatt) 14. Rest of World floating solar panels market estimates and forecast, by product, 2014 - 2025 (USD Million)
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