Jan 15, 2018   SOURCE: BusinessWire

Global Floating Solar Panels Market 2018-2022 - Growing Investments in Renewable Energy is Driving the Market - Research and Markets

The "Global Floating Solar Panels Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

Global floating solar panels market to grow at a CAGR of 31.16% during the period 2018-2022.

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 latest trend gaining momentum in the market is increasing conversion efficiency of solar PVs. Though solar energy is a clean source of energy, its conversion efficiency when compared to the other sources is quite low. This is inducing solar panel companies to focus more on improving the efficiency of solar panels. Panasonic has already introduced a new series of solar panels that have high efficiency than its older models. Since solar panels that operate at low temperatures have a higher efficiency, this need for enhancing the efficiency will drive the adoption of floating solar panels since they use water as a cooling medium.

One of the major drivers for this market is growing investments in renewable energy. The recent years witnessed a significant shift in preference towards power generation from renewable sources such as wind and solar and it has been observed that the global investment in solar power was more than USD 100 billion in 2016. Owing to technological advancements that led to a reduction in the overall expenditure, there is a considerable decrease in costs required to manufacture PV system components. This will result in increased investments in renewable energy, which will subsequently augment the growth prospects of this solar panel market.

Key Vendors:

  • KYOCERA
  • Solaris Synergy
  • Trina Solar
  • Yingli Solar

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation by Product

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers and Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/fml7xx/global_floating?w=4