Floating Solar Market Growth, Trends, and Future Opportunities 2030

Overview of the Global Floating Solar Industry:

The Global Floating Solar Market is projected to experience substantial growth between 2025 and 2030, driven by digital transformation, innovation in service delivery, and expanding demand. The 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. This report offers an in-depth analysis of the key drivers, challenges, competitive landscape, and future outlook — helping businesses, investors, and stakeholders make informed decisions.

Market Size & Forecast (2025–2030)

• Base Year: 2024

• Forecast Period: 2025–2030

• Estimated CAGR (2025–2030): 43.98%

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Global Floating Solar Market Driver:

Rising Inclination Towards Renewable Energy Generation to Propel Floating Solar Market Growth – The rising emission rates from fossil fuel combustion across the globe have necessitated the need for clean energy solutions. With emerging emission rates, and prevailing issues like global warming, ozone layer depletion, etc., the demand for renewable energy sources such as solar, hydro, etc., has been surging significantly. Moreover, the depletion of fossil fuels due to their finite nature is creating the demand for clean-energy solutions across the globe. As a result, there is a surging inclination toward renewable modes of energy generation driven by their abundance and reliability.

Top Companies in the Floating Solar Market

Here’s a snapshot of key players leading innovation and market share:

·         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

Includes SWOT analysis, revenue trends, partnerships, and product launches.

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Floating Solar Market Segmentation Analysis

-By Waterbody

·         Inland

·         Marine

Among them, Marine or offshore floating solar power plants are expected to witness notable growth in the coming years.

-By Capacity

·         Upto 10 MWConstruction

·         10.1 MW to 50 MW

·         50.1 MW to 100 MW

·         >100 MW

Floating solar farms with a capacity of 10.1 to 50 MW have been dominating the market over the historical years.

-By Type

·         Pure- Market Size & Forecast 2020-2030, USD Million

·         Metallic- Market Size & Forecast 2020-2030, USD Million

·         Membrane- Market Size & Forecast 2020-2030, USD Million

-By Component

·         Service- Market Size & Forecast 2020-2030, USD Million

·         Equipment- Market Size & Forecast 2020-2030, USD Million

Geographical Analysis

-By Region

·         North America

·         South America

·         Europe

·         The Middle East & Africa

·         Asia-Pacific

The Asia-Pacific region is expected to capture a substantial share of the Global Floating Solar Market, owing to high renewable energy generation potential and rich hydro and solar resources.

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Methodology Behind the Report

This research combines qualitative and quantitative methods, including:

• Expert interviews

• Proprietary forecasting models

• Financial and trade databases

• Government and institutional data

Forecasts are validated using top-down and bottom-up approaches to ensure accuracy and reliability.

Frequently Asked Questions About the Floating Solar Market

1. What is the growth rate of the Floating Solar market from 2025–2030?

2. Which segment are expected to dominate market?

3. Who are the top companies and what strategies being they using?

4. What are the key risks and challenges in this industry?

5. How can businesses prepare for future trends?

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