Get Sample Pages - Floating Solar Market Size, Growth & Global Trend to 2030

Global Floating Solar Market Research Report: Forecast (2025-2030)

Floating Solar Market - By Type (Pure, Metallic, Membrane), By Waterbody (Inland [Lakes/Ponds/Rivers, Dams/Reservoirs, Water Treatment Plants], Marine), By Component (Service [Cons......truction, Consultancy, Maintenance], Equipment), By Capacity (Upto 10 MW, 10.1 MW to 50 MW, 50.1 MW to 100 MW, >100 MW) and others Read more

Energy
Feb 2025
Pages 179
Report Format: PDF, Excel, PPT

Market Definition

Floating Solar or FPV (Floating Photovoltaic), are the solar panel systems installed on the bodies of water such as reservoirs, lakes, ponds, and oceans. The floating solar panels are used to generate clean energy and this energy is afterward turned into alternating current via inverters, enabling it to be assimilated into the electrical grid. It also helps in higher energy yield, improved water quality through reduced water evaporating in the waterbody, and preserving land use. Thus are becoming increasingly popular throughout the world, especially in islands or small countries with less land area or high population density.

Market Insights & Analysis: Global Floating Solar Market (2025-30):

The Global Floating Solar Market size was valued at around USD 15.98 billion in 2024 and is projected to reach USD 144.92 billion by 2030. The market is also estimated to grow at a CAGR of around 43.98% during the forecast period, i.e., 2025-30. The market growth is attributed to the surging energy needs emerging from various sectors across the globe. Globally, fossil fuels consist of more than 50% of the globe's electricity generation energy mix. The burning of fossil fuels to fulfill ever-rising power demands has also been polluting the environment to a great extent and causing alarming signs. Therefore, the development of green energy sources to curb the carbon emissions from coal-generated electricity has been drastically increasing throughout the historical period. The national governments across the globe are extensively investing in the establishment and advancement of low-carbon electricity generation sources and methods. These strategies implemented in the past have resulted in a surge in the growth of renewable energy such as solar and wind integration and are expected to soar in the forthcoming years too.

Report Coverage	Details
Historical Years	2020–23
Forecast Years	2025–30
Market Value in 2024	USD 15.98 Billion
Market Value by 2030	USD 144.92 Billion
CAGR (2025–30)	43.98%
Leading Region	Asia-Pacific
Top Key Players	Iberdrola, Ciel & Terre International, RWE, Tractebel, Pristine Sun LLC, Enel Spa, SolarDuck, BayWa r.e., Ocean Sun AS, Quant Solar, ABL Group, NRG Energia srl, Sterling and Wilson Renewable Energy Limited, Sungrow, Scotra Co. Ltd., EnBW, Others
Key Report Highlights	Market Dimensions & Projections Pricing Evaluation Recent Strategic Moves by Companies Primary Stakeholders Import/Export Trend Analysis Competitive Landscape Assessment Emerging Opportunities Market Trends and Indicators

*Boost strategic growth with in-depth market analysis - Get a free sample preview today!

As per the International Energy Agency (IEA), in 2025 almost 1/3^rd of the world’s total power would be generated from renewable energy sources primarily solar PV, wind, and hydro. Nevertheless, solar photovoltaic (PV) power plants require huge land areas, an issue in many countries across the globe.

The floating solar installations across the globe have opened up new possibilities for growing solar generating capacity in various regions, especially in countries with high population density coupled with the growing need for electricity and competing uses for available land. The floating solar systems have key advantages over land-based systems, including utilization of existing electricity transmission infrastructure at hydropower sites, proximity to demand centers, improved energy yield due to the cooling effects of water, and water conservation through reduced water evaporation. Also, the declining per unit cost owing to the massive focus of governments in countries like India, Japan, China, etc., on solar power has been boosting the growth of the floating solar market. Further, many developing countries with large water bodies and relatively low land space, such as Japan, Maldives, etc., have preferred floating solar power plants. Also, governments across several countries have been introducing schemes to provide support and investment to private players for the development of floating solar plants. Hence, this has led to the development of several floating solar plants, which has supported the growth of the Global Floating Solar Market.

Market Segmentation
Introduction
1. Product Definition
2. Research Process
3. Assumptions
Executive Summary
Global Solar Energy Industry Outlook, 2025
1. Current Scenario
2. Total Installed Capacity (MW) vs Electricity Generation (MW)
  1. By Region
3. Solar Electricity Generation Share (%) in Total Renewable Electricity Generation
4. Future Scope
  1. Technological Advancements
  2. Government Initiatives for Solar Energy Development, By Top Countries
    1. The US
    2. China
    3. India
    4. Japan
    5. Brazil
    6. Australia
    7. European Nations
    8. Others
Global Floating Solar Market Pricing Analysis
Global Floating Solar Market Trends & Insights
Global Floating Solar Market Dynamics
1. Growth Drivers
2. Challenges
Global Floating Solar Market Hotspot & Opportunities
Global Floating Solar Market Policies, Regulations, Product Standards
Global Floating Solar Market Outlook, 2020- 2030F
1. Market Size & Analysis
  1. By Revenue (USD Million)
  2. By Installed Capacity (MW)
  3. By Number of Projects
2. Market Share & Analysis
  1. By Type
    1. Pure- Market Size & Forecast 2020-2030, USD Million
    2. Metallic- Market Size & Forecast 2020-2030, USD Million
    3. Membrane- Market Size & Forecast 2020-2030, USD Million
  2. By Waterbody
    1. Inland- Market Size & Forecast 2020-2030, MW
      1. Lakes/Ponds/Rivers- Market Size & Forecast 2020-2030, MW
      2. Dams/Reservoirs- Market Size & Forecast 2020-2030, MW
      3. Water Treatment Plants- Market Size & Forecast 2020-2030, MW
    2. Marine- Market Size & Forecast 2020-2030, MW
  3. By Component
    1. Service- Market Size & Forecast 2020-2030, USD Million
      1. Construction- Market Size & Forecast 2020-2030, USD Million
      2. Consultancy- Market Size & Forecast 2020-2030, USD Million
      3. Maintenance- Market Size & Forecast 2020-2030, USD Million
    2. Equipment- Market Size & Forecast 2020-2030, USD Million
  4. By Capacity
    1. Upto 10 MW- Market Size & Forecast 2020-2030, Number of Projects
    2. 10.1 MW to 50 MW- Market Size & Forecast 2020-2030, Number of Projects
    3. 50.1 MW to 100 MW- Market Size & Forecast 2020-2030, Number of Projects
    4. >100 MW- Market Size & Forecast 2020-2030, Number of Projects
  5. By Region
    1. North America
    2. South America
    3. Europe
    4. The Middle East & Africa
    5. Asia-Pacific
  6. By Company
    1. Competition Characteristics
    2. Market Share & Analysis
North America Floating Solar Market Outlook, 2020-2030F
1. Market Size & Analysis
  1. By Revenue (USD Million)
  2. By Installed Capacity (MW)
  3. By Number of Projects
2. Market Share & Analysis
  1. By Type- Market Size & Forecast 2020-2030, USD Million
  2. By Waterbody- Market Size & Forecast 2020-2030, MW
  3. By Component- Market Size & Forecast 2020-2030, USD Million
  4. By Capacity- Market Size & Forecast 2020-2030, Number of Projects
  5. By Country
    1. The US
    2. Rest of North America
3. The US Floating Solar Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenue (USD Million)
    2. By Installed Capacity (MW)
    3. By Number of Projects
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2020-2030, USD Million
    2. By Waterbody- Market Size & Forecast 2020-2030, MW
    3. By Component- Market Size & Forecast 2020-2030, USD Million
    4. By Capacity- Market Size & Forecast 2020-2030, Number of Projects
South America Floating Solar Market Outlook, 2020-2030F
1. Market Size & Analysis
  1. By Revenue (USD Million)
  2. By Installed Capacity (MW)
  3. By Number of Projects
2. Market Share & Analysis
  1. By Type- Market Size & Forecast 2020-2030, USD Million
  2. By Waterbody- Market Size & Forecast 2020-2030, MW
  3. By Component- Market Size & Forecast 2020-2030, USD Million
  4. By Capacity- Market Size & Forecast 2020-2030, Number of Projects
  5. By Country
    1. Brazil
    2. Rest of South America
3. Brazil Floating Solar Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenue (USD Million)
    2. By Installed Capacity (MW)
    3. By Number of Projects
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2020-2030, USD Million
    2. By Waterbody- Market Size & Forecast 2020-2030, MW
    3. By Component- Market Size & Forecast 2020-2030, USD Million
    4. By Capacity- Market Size & Forecast 2020-2030, Number of Projects
Europe Floating Solar Market Outlook, 2020-2030F
1. Market Size & Analysis
  1. By Revenue (USD Million)
  2. By Installed Capacity (MW)
  3. By Number of Projects
2. Market Share & Analysis
  1. By Type- Market Size & Forecast 2020-2030, USD Million
  2. By Waterbody- Market Size & Forecast 2020-2030, MW
  3. By Component- Market Size & Forecast 2020-2030, USD Million
  4. By Capacity- Market Size & Forecast 2020-2030, Number of Projects
  5. By Country
    1. The Netherlands
    2. France
    3. Germany
    4. Spain
    5. Rest of Europe
3. The Netherlands Floating Solar Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenue (USD Million)
    2. By Installed Capacity (MW)
    3. By Number of Projects
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2020-2030, USD Million
    2. By Waterbody- Market Size & Forecast 2020-2030, MW
    3. By Component- Market Size & Forecast 2020-2030, USD Million
    4. By Capacity- Market Size & Forecast 2020-2030, Number of Projects
4. France Floating Solar Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenue (USD Million)
    2. By Installed Capacity (MW)
    3. By Number of Projects
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2020-2030, USD Million
    2. By Waterbody- Market Size & Forecast 2020-2030, MW
    3. By Component- Market Size & Forecast 2020-2030, USD Million
    4. By Capacity- Market Size & Forecast 2020-2030, Number of Projects
5. Germany Floating Solar Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenue (USD Million)
    2. By Installed Capacity (MW)
    3. By Number of Projects
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2020-2030, USD Million
    2. By Waterbody- Market Size & Forecast 2020-2030, MW
    3. By Component- Market Size & Forecast 2020-2030, USD Million
    4. By Capacity- Market Size & Forecast 2020-2030, Number of Projects
6. Spain Floating Solar Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenue (USD Million)
    2. By Installed Capacity (MW)
    3. By Number of Projects
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2020-2030, USD Million
    2. By Waterbody- Market Size & Forecast 2020-2030, MW
    3. By Component- Market Size & Forecast 2020-2030, USD Million
    4. By Capacity- Market Size & Forecast 2020-2030, Number of Projects
The Middle East & Africa Floating Solar Market Outlook, 2020-2030F
1. Market Size & Analysis
  1. By Revenue (USD Million)
  2. By Installed Capacity (MW)
2. Market Share & Analysis
  1. By Type- Market Size & Forecast 2020-2030, USD Million
  2. By Capacity- Market Size & Forecast 2020-2030, USD Million
  3. By Panel Type- Market Size & Forecast 2020-2030, USD Million
  4. By Region
    1. The Middle East
    2. Africa
3. The Middle East Floating Solar Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenue (USD Million)
    2. By Installed Capacity (MW)
    3. By Number of Projects
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2020-2030, USD Million
    2. By Waterbody- Market Size & Forecast 2020-2030, MW
    3. By Component- Market Size & Forecast 2020-2030, USD Million
    4. By Capacity- Market Size & Forecast 2020-2030, Number of Projects
4. Africa Floating Solar Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenue (USD Million)
    2. By Installed Capacity (MW)
    3. By Number of Projects
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2020-2030, USD Million
    2. By Waterbody- Market Size & Forecast 2020-2030, MW
    3. By Component- Market Size & Forecast 2020-2030, USD Million
    4. By Capacity- Market Size & Forecast 2020-2030, Number of Projects
Asia-Pacific Floating Solar Market Outlook, 2020-2030F
1. Market Size & Analysis
  1. By Revenue (USD Million)
  2. By Installed Capacity (MW)
2. Market Share & Analysis
  1. By Type- Market Size & Forecast 2020-2030, USD Million
  2. By Capacity- Market Size & Forecast 2020-2030, USD Million
  3. By Panel Type- Market Size & Forecast 2020-2030, USD Million
  4. By Country
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Australia
    6. Southeast Asia
    7. Rest of Asia-Pacific
3. China Floating Solar Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenue (USD Million)
    2. By Installed Capacity (MW)
    3. By Number of Projects
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2020-2030, USD Million
    2. By Waterbody- Market Size & Forecast 2020-2030, MW
    3. By Component- Market Size & Forecast 2020-2030, USD Million
    4. By Capacity- Market Size & Forecast 2020-2030, Number of Projects
4. India Floating Solar Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenue (USD Million)
    2. By Installed Capacity (MW)
    3. By Number of Projects
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2020-2030, USD Million
    2. By Waterbody- Market Size & Forecast 2020-2030, MW
    3. By Component- Market Size & Forecast 2020-2030, USD Million
    4. By Capacity- Market Size & Forecast 2020-2030, Number of Projects
5. Japan Floating Solar Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenue (USD Million)
    2. By Installed Capacity (MW)
    3. By Number of Projects
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2020-2030, USD Million
    2. By Waterbody- Market Size & Forecast 2020-2030, MW
    3. By Component- Market Size & Forecast 2020-2030, USD Million
    4. By Capacity- Market Size & Forecast 2020-2030, Number of Projects
6. South Korea Floating Solar Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenue (USD Million)
    2. By Installed Capacity (MW)
    3. By Number of Projects
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2020-2030, USD Million
    2. By Waterbody- Market Size & Forecast 2020-2030, MW
    3. By Component- Market Size & Forecast 2020-2030, USD Million
    4. By Capacity- Market Size & Forecast 2020-2030, Number of Projects
7. Australia Floating Solar Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenue (USD Million)
    2. By Installed Capacity (MW)
    3. By Number of Projects
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2020-2030, USD Million
    2. By Waterbody- Market Size & Forecast 2020-2030, MW
    3. By Component- Market Size & Forecast 2020-2030, USD Million
    4. By Capacity- Market Size & Forecast 2020-2030, Number of Projects
8. Southeast Asia Floating Solar Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenue (USD Million)
    2. By Installed Capacity (MW)
    3. By Number of Projects
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2020-2030, USD Million
    2. By Waterbody- Market Size & Forecast 2020-2030, MW
    3. By Component- Market Size & Forecast 2020-2030, USD Million
    4. By Capacity- Market Size & Forecast 2020-2030, Number of Projects
Global Floating Solar Market Key Strategic Imperatives for Success & Growth
Competition Outlook
1. Company Profiles
  1. Iberdrola
    1. Business Description
    2. Solution Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  2. Ciel & Terre International
    1. Business Description
    2. Solution Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  3. RWE
    1. Business Description
    2. Solution Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  4. Tractebel
    1. Business Description
    2. Solution Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  5. Pristine Sun LLC
    1. Business Description
    2. Solution Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  6. Enel Spa
    1. Business Description
    2. Solution Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  7. SolarDuck
    1. Business Description
    2. Solution Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  8. BayWa r.e.
    1. Business Description
    2. Solution Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  9. Ocean Sun AS
    1. Business Description
    2. Solution Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  10. Quant Solar
    1. Business Description
    2. Solution Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  11. ABL Group
    1. Business Description
    2. Solution Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  12. NRG Energia srl
    1. Business Description
    2. Solution Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  13. Sterling and Wilson Renewable Energy Limited
    1. Business Description
    2. Solution Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  14. Sungrow
    1. Business Description
    2. Solution Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  15. Scotra Co. Ltd.
    1. Business Description
    2. Solution Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  16. EnBW
    1. Business Description
    2. Solution Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  17. Others
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

FILL THE FORM TO GET THE FREE SAMPLE PAGES

Name *

Email ID *

Country *