Title: Floating Solar Farm Market - Forecast(2022 - 2027)
1Floating Solar Farm MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- The Global market for Floating Solar Farm is
forecast to reach 2.1 Billion by 2025, growing
at CAGR 20 from 2020 to 2025. - The market growth is mainly driven by the factors
including scarcity of land for land based solar
farms, simple installation, and deployment with a
high degree of modularity on sites, limited
anchoring, and mooring requirements.
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- Onshore floating solar farm held the highest
market share in 2019 and it is estimated to
witness the significant market growth during the
forecast period 2020-2025. This is due to
favorable environmental conditions of the onshore
water bodies such as lakes, rivers, ponds, and
others in comparison to offshore water bodies
including seas and oceans for its establishments. - APAC region is anticipated to witness significant
market growth during the forecast period
2020-2025. The market growth in this region is
attributed to factors such as high population
density, intense competition for usability of
available land space and others.
Key Takeaways
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By Distribution Channel- Segment Analysis
Floating Solar Farm Market is segmented into
onshore and offshore based on location. The
market for onshore held the highest market share
in 2019 and it is estimated to witness the
significant market growth during the forecast
period 2020-2025. Onshore floating solar farms
are constructed on inland water bodies including
lakes, rivers, ponds, and others.
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- Floating Solar Farm Market Industry Outlook
- Sulzer Ltd.,
- Trina Solar,
- Yellow Tropus Pvt. Ltd.,
- Wuxi Suntech Power Co., Ltd.,
- Talesun
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Floating Solar Farm - Forecast(2022 -
2027) Learn More About the Report _at_
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solar-farm-market.html
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- Data Tables
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Contact (1) 970-236-3677
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