Middle East & Africa Floating Solar Panels Market Size & Outlook
Related Markets
MEA floating solar panels market highlights
- The MEA floating solar panels market generated a revenue of USD 0.9 million in 2022.
- The market is expected to grow at a CAGR of 24.1% from 2023 to 2030.
- In terms of segment, stationary floating solar panels was the largest revenue generating product in 2022.
- Stationary Floating Solar Panels is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2022 | USD 0.9 million |
| Market revenue in 2030 | USD 5.0 million |
| Growth rate | 24.1% (CAGR from 2023 to 2030) |
| Largest segment | Stationary floating solar panels |
| Fastest growing segment | Stationary Floating Solar Panels |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Stationary Floating Solar Panels, Tracking Floating Solar Panels |
| Key market players worldwide | Hanwha, Kyocera Corp, Wuxi AppTec Co Ltd, Deep Yellow Ltd, JA SOLAR, TRINA SOLAR LTD, Vikram Solar, Ciel and Terre, LONGi Solar, Yingli Green Energy Holding |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.5% of the global floating solar panels market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 33.9 million by 2030.
Key Regions: U.S. , Japan , China , India , South Korea
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Floating Solar Panels Market Scope
Floating Solar Panels Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Yingli Green Energy Holding | View profile | 10001+ | Baoding, Hebei, China, Asia | http://www.yinglisolar.com/en/ |
| LONGi Solar | View profile | 1001-5000 | Xian Shi, Shaanxi, China, Asia | https://en.longi-solar.com/ |
| Ciel and Terre | View profile | 11-50 | Sainghin-en-mélantois, Nord-Pas-de-Calais, France, Europe | https://www.ciel-et-terre.net/ |
| Vikram Solar | View profile | 1001-5000 | Kolkata, West Bengal, India, Asia | https://www.vikramsolar.com/ |
| TRINA SOLAR LTD | View profile | 10001+ | Changzhou, Zhejiang, China, Asia | http://www.trinasolar.com/ |
| JA SOLAR | View profile | 5001-10000 | Shanghai, Shanghai, China, Asia | http://jasolar.com |
| Deep Yellow Ltd | View profile | 25 | 502 Hay Street, Level 1, Subiaco, Perth, WA, Australia, 6008 | https://www.deepyellow.com.au |
| Hanwha | View profile | 5001-10000 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.hanwhacorp.co.kr/eng/index.jsp |
| Kyocera Corp | View profile | 81209 | 6, Takeda Tobadono-cho, Fushimi-ku, Kyoto, Japan, 612-8501 | http://www.kyocera.co.jp |
| Wuxi AppTec Co Ltd | View profile | 41116 | 288 Fute Zhong Road, Waigaoqiao Free Trade Zone, Shanghai, China, People's Republic of, 200131 | https://www.wuxiapptec.com |
Middle East & Africa floating solar panels market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to floating solar panels market will help companies and investors design strategic landscapes.
Stationary floating solar panels was the largest segment with a revenue share of 77.78% in 2022. Horizon Databook has segmented the Middle East & Africa floating solar panels market based on stationary floating solar panels, tracking floating solar panels covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of floating solar panels market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa floating solar panels market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa floating solar panels market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Floating Solar Panels Market Outlook Share, 2022 & 2030 (US$M)
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