In a recent published report, Kenneth Research has updated the market report for Floating Solar Panel Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Floating Solar Panel Market products.
Download Sample of This Strategic Report-:: https://www.kennethresearch.com/sample-request-10078989
On the other hand, the increasing focus of the players in the energy and power industry to lower their cost of operations so as to enhance their profitability, is also anticipated to contribute to the market growth. The natural gas rents, which is defined as the difference between the total cost of production of natural gas and the production value at world prices, decreased significantly from 0.40% of GDP in 2001 to 0.18% of GDP in 2017. Alternatively, the oil rents, which increased from 1.09% of GDP in 2001 to 1.30% of GDP in 2019, portrays the need amongst the players to enhance their focus in reducing the cost of production of oil.
Global Floating Solar Panel Market was valued at USD 163.20 Million in the year 2017. Global Floating Solar Panel Market is further projected to grow at a CAGR of 35.42% from 2017 to reach USD 1847.69 Million by the year 2025. Asia Pacific region holds the highest Market share in 2017 and Asia Pacific Market is considered as the fastest growing Market in the forecasted period. At country level China, Japan and India hold the highest Market share in 2016 and it is projected to grow at a strongly in the coming years.
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
Major market players in Floating Solar Panel Market are Solaris Synergy, Sharp Corporation, Trina Solar, Yingli Solar, Pristine Sun LLC, Sino Group, KYOCERA Corporation, ITOCHU Corporation, Hanwha Group, Wuxi Suntech Power Co. Ltd., Mitsubishi Electric Corporation, JA SOLAR Co. Ltd. also other 12 companies detailed information in provided in research report.
Strength
Low operation and maintenance cost
Rising need for renewable energy
Weakness
Expensive and delicate
Opportunities
Decrease of evaporation
Threats
The availability of solar radiation can differ depending on location
The Global Solar Floating Panel is segmented by product type, by connectivity, by location, and by region in the forecasted period. The major shares of the Market come from Stationary in Global Floating Solar Panel Market. On the other hand, On-Grid type for this Market is expected to grow at the highest CAGR during the year 2018-2025.
Request Free Sample Copy :-https://www.kennethresearch.com/sample-request-10078989
By Product Type
Stationary Floating Solar Panels
Tracking Floating Solar Panels
By Connectivity
On Grid Floating Solar Panel
Off-Grid Floating Solar Panel
By Location
On-Shore Floating Solar Panel
Off-Shore Floating Solar Panel
By Region
North America
*USA
*Canada
Europe
*Germany
*U.K.
*France
*Italy
*Rest of Europe
APAC
*China
*India
*Japan
*Rest of Asia-Pacific
RoW
*Latin America
*Middle East & Africa
Key points covered in this report:
- The historical and current data is provided in the report based on which the future projections are made and the industry analysis is performed.
- The import and export details along with consumption value and production capability of every region is mentioned in the report.
- Porter’s five forces analysis, value chain analysis, SWOT analysis are some additional important parameters used for the analysis of market growth.
Download Sample of This Strategic Report-:: https://www.kennethresearch.com/sample-request-10078989
About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
Contact Us
Kenneth Research
Email: Sales@kennethresearch.com
Phone: +1 313 462 0609
————————New Latest Trending Reports——————————
Portable Printer Market
Floating Solar Panel Market
Diesel Power Engine Market
Gas Phase Filtration Market
Blockchain in Energy Market
Offshore Wind Energy Market
Waste To Energy Market
Advanced Energy Storage Systems Market
Smart Grid Market
Gas Turbine Services Market
