Portland, OR -- (SBWIRE) -- 01/16/2018 -- About Floating Solar Panels
Floating solar panels are also referred as floating solar farms or floating solar arrays, referring to an array of photovoltaic (PV) panels on a structure that floats on a water body typically a lake or a reservoir. A floating solar panel system built on water conserves land space increases the overall efficiency of the solar panel, and provides several environmental benefits, including reduced evaporation of water.
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Research analysts forecast the global floating solar panels market to grow at a CAGR of 31.16% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global floating solar panels market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of floating solar panels.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Global Floating Solar Panels Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- KYOCERA
- Solaris Synergy
- Trina Solar
- Yingli Solar
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Market driver
- Growing investments in renewable energy
- For a full, detailed list, view our report
Market trend
- increasing conversion efficiency of solar PVs
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2022 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
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