
United States Floating Photovoltaics Market Trends, Share, Demand, Revenue and Future Outlook
United States Floating Photovoltaics Market Growth, Size, Trends Analysis- By Product, By System, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Published: Dec-2024 | Report ID: POAE24102 | Pages: 1 - 109 | Formats*: |
Category : Power & Energy |
- In June 2024, Ciel & Terre International, a leader in floating solar systems, announced that it was working on a better bifacial floating solar panel technology. This unique technique collects sunlight on both sides of the panel, improving energy output by up to 30% over typical single-sided panels. The new system also has a strong anchoring mechanism built to withstand extreme underwater conditions, ensuring stability and lifespan. This breakthrough marks a considerable improvement in floating solar efficiency and robustness, propelling Ciel & Terre to the forefront of the market.
- Bureau Veritas granted Oceans of Energy's high wave offshore solar farm technology preliminary approval in January 2023. The Oceans of Energy offshore solar farm system, which has been in operation in the North Sea since 2019, is the first in the world to be tested in harsh waves. FPV systems are flexible and expandable to any size. This development allows the corporation to boost its income.


Report Metric | Details |
Market size available for years | 2020-2033 |
Base year considered | 2023 |
Forecast period | 2024-2033 |
Segments covered | By Product, By System, By Application |
Regions covered | Northeast, Midwest, West, South |
Companies Covered | Core Development Group, LLC, Sungrow Floating PV, Ciel et Terre International, ABL Group, ACCIONA SA, BayWa r.e. Solar Projects LLC, D3Energy, Laketricity USA Inc, US Floating Solar. |
- Utility Companies
- Municipal Water Authorities
- Large-Scale Renewable Energy Developers
- Government and Regulatory Bodies
- Private Landowners with Water Bodies
- Irrigation Districts
- Agriculture Sector
- Aquaculture Industry
- Renewable Energy Investors
- Technology Providers
By Product: | |
By System: | |
By Application: |
- United States Floating Photovoltaics Market Size (FY’2024-FY’2033)
- Overview of United States Floating Photovoltaics Market
- Segmentation of United States Floating Photovoltaics Market By Product (Stationary Floating Solar Panels, Solar-tracking Floating Solar Panels)
- Segmentation of United States Floating Photovoltaics Market By System (Stand Alone FPV Systems, Hybrid FPV Hydropower Systems)
- Segmentation of United States Floating Photovoltaics Market By Application (Man-made Water Bodies, Natural Water Bodies)
- Statistical Snap of United States Floating Photovoltaics Market
- Expansion Analysis of United States Floating Photovoltaics Market
- Problems and Obstacles in United States Floating Photovoltaics Market
- Competitive Landscape in the United States Floating Photovoltaics Market
- Impact of COVID-19 and Demonetization on United States Floating Photovoltaics Market
- Details on Current Investment in United States Floating Photovoltaics Market
- Competitive Analysis of United States Floating Photovoltaics Market
- Prominent Players in the United States Floating Photovoltaics Market
- SWOT Analysis of United States Floating Photovoltaics Market
- United States Floating Photovoltaics Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1.1. Scope of the report1.2. Market segment analysis
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the United States Floating Photovoltaics Market.
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6.1. United States Floating Photovoltaics Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United States Floating Photovoltaics Market
7.1. United States Floating Photovoltaics Market Size, Share and Forecast, By Product, 2020-20267.2. United States Floating Photovoltaics Market Size, Share and Forecast, By Product, 2027-20337.3. Stationary Floating Solar Panels7.4. Solar-tracking Floating Solar Panels
8.1. United States Floating Photovoltaics Market Size, Share and Forecast, By System, 2020-20268.2. United States Floating Photovoltaics Market Size, Share and Forecast, By System, 2027-20338.3. Stand Alone FPV Systems8.4. Hybrid FPV Hydropower Systems
9.1. United States Floating Photovoltaics Market Size, Share and Forecast, By Application, 2020-20269.2. United States Floating Photovoltaics Market Size, Share and Forecast, By Application, 2027-20339.3. Man-made Water Bodies9.4. Natural Water Bodies
10.1. United States Floating Photovoltaics Market Size and Market Share
11.1. United States Floating Photovoltaics Market Size and Market Share By Region (2020-2026)11.2. United States Floating Photovoltaics Market Size and Market Share By Region (2027-2033)11.3. Northeast11.4. Midwest11.5. West11.6. South
12.1. Core Development Group, LLC12.1.1. Company details12.1.2. Financial outlook12.1.3. Product summary12.1.4. Recent developments12.2. Sungrow Floating PV12.2.1. Company details12.2.2. Financial outlook12.2.3. Product summary12.2.4. Recent developments12.3. Ciel et Terre International12.3.1. Company details12.3.2. Financial outlook12.3.3. Product summary12.3.4. Recent developments12.4. ABL Group12.4.1. Company details12.4.2. Financial outlook12.4.3. Product summary12.4.4. Recent developments12.5. ACCIONA SA12.5.1. Company details12.5.2. Financial outlook12.5.3. Product summary12.5.4. Recent developments12.6. BayWa r.e. Solar Projects LLC12.6.1. Company details12.6.2. Financial outlook12.6.3. Product summary12.6.4. Recent developments12.7. D3Energy12.7.1. Company details12.7.2. Financial outlook12.7.3. Product summary12.7.4. Recent developments12.8. Laketricity USA Inc12.8.1. Company details12.8.2. Financial outlook12.8.3. Product summary12.8.4. Recent developments12.9. US Floating Solar12.9.1. Company details12.9.2. Financial outlook12.9.3. Product summary12.9.4. Recent developments12.10. Others
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
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