Floating Solar Panels Market Synopsis
Market
Research Future (MRFR) in its latest report reveals that the global floating
solar panels market is set to expand rapidly in the forthcoming years. Floating
solar panels are witnessing a strong commercial interest. Solar energy is an
alternative solution to rapidly depleting fossil fuel. Floating solar panel
also referred to as floating photovoltaic (FPV) is a well-organised array of
solar panel on water body on a lake or artificial basin. A detailed analysis report of COVID-19
impact on Global
Floating Solar Panels Market is provided with the report.
With
rapid depletion of fossil fuels and other non-renewable energy sources,
research has increased to develop new techniques for harvesting energy from
renewable sources. Photovoltaic systems are being vastly utilized for
harvesting solar energy with the help of solar panels that are installed on
large land areas. Recent technological advancement has led to the development
of floating solar panels that are installed on the structure that floats on a
water body, which does not occupy much of the land area.
The
land base alternative in case of floating solar panel reduces that cost and
maintenance efforts that makes it economical and beneficial renewable energy
solution. The rapid depletion in fossil fuel today is creating an extensive
market for alternative renewable energy resources in which the contribution of
floating solar panel seems outstanding in future.
Floating Solar Panels Market Segmentation
Segmentation
of the global floating solar panel market is based on product, location and
region.
Based
on the product, the floating solar panel market is segmented into the
stationary floating solar panel and tracking floating solar panel.
Based
on location, the floating solar panel market is segmented into onshore and
offshore. The tax relaxation offered by the government is driving the growth of
the onshore floating solar panel segment.
The
offshore floating solar panel is responsible for renewable decentralized
distribution of energy. This, in turn, is creating sustainable development in
power generating systems. Hence an advantage to global floating solar panel
market growth.
Based
on region Market Research Future studied the floating solar panel market in
North America, Europe, Asia Pacific and rest of the world (ROW).
Regional Analysis:
Geographically, the global floating solar panels
market has been segmented into four major regions such as Asia Pacific, North
America, Europe and the rest of the world. Limited availability of land for
building solar power plants and rapid depletion of non-renewable energy sources
such as fossil fuels are inducing high demand for floating solar panels in the
Asia Pacific region, leading to the significant growth of the floating solar
panels market in this region. High penetration of advanced technology that is
being utilized for harvesting energy from renewable resources in order to meet
the increasing energy demand is fueling the growth of the floating solar panels
market in the North America region.
The Prominent Companies
GEITS,
Wuxi Suntech Power Co., Ltd., Yingli Solar, SPG Solar, Ciel & Terre,
Kyocera Corporation, Japan Mega Solar Power Co., Suntech Power Holdings Co.,
Ltd., Solaris Synergy, Trina Solar Limited, and Sharp Corporation are the key
companies operating in the floating solar panel market.
About Market Research Future:
At
Market Research Future (MRFR), we enable our customers to unravel the
complexity of various industries through our Cooked Research Report (CRR),
Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed
Research (CFR), and Market Research & Consulting Services.
Contact:
Market
Research Future
+1
646 845 9312
No comments:
Post a Comment