Lucintel Forecasts the Global Fixed Floating Solar Panel Market to Grow with a CAGR of 19.8% from 2025 to 2031
Lucintel Forecasts the Global Fixed Floating Solar Panel Market to Grow with a CAGR of 19.8% from 2025 to 2031
Blog Article
According to a market report by Lucintel, the future of the global fixed floating solar panel market looks promising with opportunities in the reservoir, ocean, and river markets. The global fixed floating solar panel market is expected to grow with a CAGR of 19.8% from 2025 to 2031. The major drivers for this market are increasing renewable energy demand, rising government initiatives, and growing offshore energy projects.
A more than 150-page report to understand trends, opportunity and forecast in global fixed floating solar panel market to 2031 by type (below 1mw, 1mw - 5mw, and more than 5mw), application (reservoir, ocean, river, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, 1mw - 5mw is expected to witness the highest growth over the forecast period.
Within the application category, ocean is expected to witness the highest growth.
In terms of region, APAC is expected to witness the highest growth over the forecast period due to increasing renewable investments in this region.
SPG Solar, Kyocera, Japan Mega Solar Power, Suntech Power, Sharp, Ciel & Terre, First Solar are the major suppliers in the fixed floating solar panel market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056