A Recent Study Says That “Floating Solar Panels Market” Will Make a Huge Impact by 2024




Axiom MRC Published a, “Floating Solar Panels Market Report, By Product, Location, and Geography – Global Market Share, Trend Analysis & Forecast Up To 2024” Floating solar panels generation requires implementation of photovoltaic technologies over water bodies. 

Download Free Sample Report here: https://axiommrc.com/request-for-sample/?report=1702

Global Floating Solar Panels Industry Analysis:
The global floating solar panels market is expected to grow at a CAGR of 35% to 40% from 2019 to 2024. The deployment PV components over water surface not only enhance the over CUF of the architecture but also helps in decreasing the effect of draught across the nearby area by preventing water evaporation. Floating panels holds low maintenance cost and can be easily moved according to the sun’s position. 

Several factors including land availability as well as the ability of floating solar technology to decrease the impact of evaporation is expected to boost demand. The installation of floating solar plants reduces the evaporation rate of water, which in turn aids in decrease the possibility of drought in regions with high temperatures such as central states of the U.S. However, high maintenance costs of stationary solar panels may significantly hamper the growth of floating solar panels market in the coming years.

Global Floating Solar Panels Segmentation Based On:

By Product:
Based on product, the global floating solar panels market has been segmented into stationary and solar tracking.



By Location:
Based on location, the global floating solar panels market has been segmented into offshore floating and onshore floating.

By Geography:
Global floating solar panels market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America comprises U.S., Canada, and Mexico whereas Europe would primarily cover Germany, France, UK, Italy, and Rest of Europe.

Brows Full Report Details: https://axiommrc.com/product/1702-floating-solar-panels-market/

Leading Partners of Floating Solar Panels Industry:
Global floating solar panels market is concentrated with leading manufacturers such as Kyocera Corporation and Yingli Solar having strong hold on the global market. Some of the key manufacturers of floating solar panels in the global market include Trina Solar, Wuxi Suntech Power Co., Ltd., Solaris Synergy, Sunengy Pty, Vikram Solar, Ciel & Terre, Novaton AG, Pristine Sun, and SPI Energy, among others.

About Axiom MRC:
Axiom Market Research & Consulting™ (also known as Axiom MRC), is a full-service market research and data analytics firm, driven by a simple aim of providing key market intelligence to companies to assist them in taking informed business decisions pertaining to their marketing strategy, investments, new product launches, market competition, consumer or end users, social media trends etc.

Media Contact:
Ganesh Sai
616 Corporate Way, Suite 2-4268
Valley Cottage, NY, United States
Email: sales@axiommrc.com
Tel: +1(845)875-9786, +44(0) 20 238697007

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