Global Floating Solar Panel Market was valued at USD 163.25 Million in the year 2017. Global Floating Solar Panel market is further projected to grow at a CAGR of 35.43% from 2017 to reach USD 1,007.4 Million by the year 2023. Asia Pacific region holds the highest market share in 2016 and Asia Pacific market is considered as the fastest growing market in the forecasted period. At country level China, Japan and India hold the highest market share in 2016 and it is projected to grow at a strongly in the coming years.

Solaris Synergy (Israel), Sharp Corporation (Japan), Trina Solar (China), Yingli Solar (China), Pristine Sun LLC (U.S), Sino Group (Hong Kong), KYOCERA Corporation (Japan), ITOCHU Corporation (Japan), Hanwha Group, Wuxi Suntech Power Co., Ltd. (Jiangsu), Mitsubishi Electric Corporation (Japan), JA SOLAR Co. Ltd. (China), are some of the top manufacturer in the Global Floating Solar Panel market. Rising research and development expenses to satisfy changing demand of end users, similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of the top manufacturers in recent years.

Drivers:
Low operation and maintenance cost
Rising need for renewable energy
Restraints:
Expensive and delicate
Opportunities:
Decrease of evaporation
Challenges:

The availability of solar radiation can differ depending on location
The Global Solar Floating Panel is segmented by product type, by connectivity, by location, and by region in the forecasted period. The major shares of the market come from Stationary in Global Floating Solar Panel Market. On the other hand, On-Grid type for this market is expected to grow at the highest CAGR during the year 2018-2023.
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Key Benefits for Stakeholders
Floating Solar Panel Manufacturers, Distributors and Retailers
Research and Consulting organization
Technology Standards Organizations, Forums, Alliances and Associations
End-use industries
Regulatory bodies, policy actors, and consumers.

By Product Type
Stationary Floating Solar Panels
Tracking Floating Solar Panels
By Connectivity
On Grid Floating Solar Panel
Off-Grid Floating Solar Panel
By Location
On-Shore Floating Solar Panel
Off-Shore Floating Solar Panel

By Region
North America
Europe
Asia-Pacific
LAMEA

Key Market Players
Solaris Synergy (Israel)
Sharp Corporation (Japan)
Trina Solar (China)
Yingli Solar (China)
Pristine Sun LLC (U.S)
Sino Group (Hong Kong)
KYOCERA Corporation (Japan)
(A brief overview of another 13 companies is also provided)

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