Market Overview:
The global stationary floating solar panel market is expected to grow at a CAGR of over 16% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for renewable energy sources and the growing concerns about climate change. The global stationary floating solar panel market is segmented on the basis of type, application, and region. On the basis of type, it is segmented into up to 1MW, 1MW - 5MW, and above 5MW. On the basis of application, it is segmented into commercial and industrial applications. The commercial application segment dominates this market owing to its high adoption rate in countries such as China and Japan. Geographically, it is divided into North America, Latin America, Europe Asia Pacific (APAC), and Middle East & Africa (MEA).
Product Definition:
A stationary floating solar panel is a solar panel that is designed to be installed in one specific location and not moved. Stationary floating solar panels are used to collect energy from the sun and convert it into electrical power. They are often used in places where there is a lot of open space, such as on lakes or reservoirs.
Up to 1MW:
Up to 1MW, it's usage and growth factor in the Stationary Floating Solar Panel market is expected to witness significant growth over the forecast period. The growing demand for renewable energy along with depleting fossil fuel reserves has led to an increase in solar panel installations globally. Rising concerns regarding environmental protection have further propelled this trend.
Growing population coupled with rapid industrialization has resulted in increased power consumption, which will boost stationary floating solar panel installation globally.
1MW - 5MW:
1MW - 5MW is the size of a solar panel farm which can provide power for a small-sized city. It can also help in providing electricity to off-grid or isolated communities that have limited access to the grid as well as rural areas with no power supply.
Application Insights:
The commercial application segment held the largest share of over 70.0% in 2017. Stationary floating solar panels are widely used in commercial applications as they offer high power generation capacity and energy security, along with excellent heat output management capabilities. The industrial sector is expected to be the fastest-growing market for FSSPs over the forecast period owing to increasing demand from small & medium-sized enterprises (SMEs).
Stationary FSSP can be deployed on a large scale as it does not require maintenance or cleaning like tracking system or boom, which makes it ideal for industrial purposes such as manufacturing plants and data centers. SMEs that operate on a shoe string budget but generate huge amounts of electricity are likely to be early adopters of stationary floating solar panel systems owing to their low cost and easy installation procedures compared to roof top mounted photovoltaic systems.
Regional Analysis:
Asia Pacific region accounted for the largest share of more than 45% in 2017. The region is expected to maintain its lead over the forecast period owing to large-scale investments in renewable energy infrastructure and growing awareness regarding environmental protection. China, India, South Korea, Japan are some of the countries investing heavily in solar power generation projects which will further boost industry growth across this region.
Europe stationary floating solar panel market is anticipated to grow at a significant rate over the forecast period due to increasing focus on reducing carbon footprint along with rising need for sustainable energy solutions across this region.
Growth Factors:
- Increasing demand for clean and renewable energy: The global stationary floating solar panel market is expected to grow at a significant rate in the next few years, owing to the increasing demand for clean and renewable energy across the globe.
- Rising concerns over climate change: There is an increasing concern among people about climate change and its impact on the environment. This is driving them towards adopting cleaner sources of energy such as solar power, which helps reduce greenhouse gas emissions.
- Growing awareness about benefits of solar panels: Solar panels have been gaining popularity in recent years due to their numerous benefits such as reducing electricity bills, generating income through Feed-in Tariffs (FiT), etc. This is resulting in an increase in adoption of stationary floating solar panels globally.
- Government initiatives supporting deployment of solar panels: Governments around the world are promoting deployment of solar power through various initiatives such as subsidies, tax breaks, etc., which is aiding in growth of the stationary floating solar panel market significantly.
Scope Of The Report
Report Attributes
Report Details
Report Title
Stationary Floating Solar Panel Market Research Report
By Type
Up to 1MW, 1MW - 5MW, Above 5MW
By Application
Commercial, Industrial
By Companies
Trina Solar, JA Solar, SPG Solar, Ciel & Terre International, NOVATON, Solaris Synergy
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Stationary Floating Solar Panel Market Report Segments:
The global Stationary Floating Solar Panel market is segmented on the basis of:
Types
Up to 1MW, 1MW - 5MW, Above 5MW
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Trina Solar
- JA Solar
- SPG Solar
- Ciel & Terre International
- NOVATON
- Solaris Synergy
Highlights of The Stationary Floating Solar Panel Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Up to 1MW
- 1MW - 5MW
- Above 5MW
- By Application:
- Commercial
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Stationary Floating Solar Panel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Stationary floating solar panels are a type of solar panel that is stationary, but floats on the surface of water or another liquid. They are typically made from thin, flexible sheets of plastic or glass that can be mounted on a frame to create an energy-generating system. Stationary floating solar panels have several advantages over other types of solar panels, including the ability to generate power in areas with low sunlight availability and their low cost compared to traditional rooftop systems.
Some of the key players operating in the stationary floating solar panel market are Trina Solar, JA Solar, SPG Solar, Ciel & Terre International, NOVATON, Solaris Synergy.
The stationary floating solar panel market is expected to register a CAGR of 16%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Stationary Floating Solar Panel Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Stationary Floating Solar Panel Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Stationary Floating Solar Panel Market - Supply Chain
4.5. Global Stationary Floating Solar Panel Market Forecast
4.5.1. Stationary Floating Solar Panel Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Stationary Floating Solar Panel Market Size (000 Units) and Y-o-Y Growth
4.5.3. Stationary Floating Solar Panel Market Absolute $ Opportunity
5. Global Stationary Floating Solar Panel Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Stationary Floating Solar Panel Market Size and Volume Forecast by Type
5.3.1. Up to 1MW
5.3.2. 1MW - 5MW
5.3.3. Above 5MW
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Stationary Floating Solar Panel Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Stationary Floating Solar Panel Market Size and Volume Forecast by Application
6.3.1. Commercial
6.3.2. Industrial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Stationary Floating Solar Panel Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Stationary Floating Solar Panel Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Stationary Floating Solar Panel Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Stationary Floating Solar Panel Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Stationary Floating Solar Panel Demand Share Forecast, 2019-2026
9. North America Stationary Floating Solar Panel Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Stationary Floating Solar Panel Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Stationary Floating Solar Panel Market Size and Volume Forecast by Application
9.4.1. Commercial
9.4.2. Industrial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Stationary Floating Solar Panel Market Size and Volume Forecast by Type
9.7.1. Up to 1MW
9.7.2. 1MW - 5MW
9.7.3. Above 5MW
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Stationary Floating Solar Panel Demand Share Forecast, 2019-2026
10. Latin America Stationary Floating Solar Panel Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Stationary Floating Solar Panel Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Stationary Floating Solar Panel Market Size and Volume Forecast by Application
10.4.1. Commercial
10.4.2. Industrial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Stationary Floating Solar Panel Market Size and Volume Forecast by Type
10.7.1. Up to 1MW
10.7.2. 1MW - 5MW
10.7.3. Above 5MW
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Stationary Floating Solar Panel Demand Share Forecast, 2019-2026
11. Europe Stationary Floating Solar Panel Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Stationary Floating Solar Panel Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Stationary Floating Solar Panel Market Size and Volume Forecast by Application
11.4.1. Commercial
11.4.2. Industrial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Stationary Floating Solar Panel Market Size and Volume Forecast by Type
11.7.1. Up to 1MW
11.7.2. 1MW - 5MW
11.7.3. Above 5MW
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Stationary Floating Solar Panel Demand Share, 2019-2026
12. Asia Pacific Stationary Floating Solar Panel Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Stationary Floating Solar Panel Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Stationary Floating Solar Panel Market Size and Volume Forecast by Application
12.4.1. Commercial
12.4.2. Industrial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Stationary Floating Solar Panel Market Size and Volume Forecast by Type
12.7.1. Up to 1MW
12.7.2. 1MW - 5MW
12.7.3. Above 5MW
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Stationary Floating Solar Panel Demand Share, 2019-2026
13. Middle East & Africa Stationary Floating Solar Panel Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Stationary Floating Solar Panel Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Stationary Floating Solar Panel Market Size and Volume Forecast by Application
13.4.1. Commercial
13.4.2. Industrial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Stationary Floating Solar Panel Market Size and Volume Forecast by Type
13.7.1. Up to 1MW
13.7.2. 1MW - 5MW
13.7.3. Above 5MW
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Stationary Floating Solar Panel Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Stationary Floating Solar Panel Market: Market Share Analysis
14.2. Stationary Floating Solar Panel Distributors and Customers
14.3. Stationary Floating Solar Panel Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Trina Solar
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. JA Solar
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SPG Solar
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ciel & Terre International
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. NOVATON
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Solaris Synergy
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
