India Floating Solar Panels Market Size & Outlook
India floating solar panels market, 2018-2030 (US$M)
Related Markets
India floating solar panels market highlights
- The India floating solar panels market generated a revenue of USD 3.1 million in 2022 and is expected to reach USD 20.1 million by 2030.
- The India market is expected to grow at a CAGR of 26.2% 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.
Floating solar panels market data book summary
| Market revenue in 2022 | USD 3.1 million |
| Market revenue in 2030 | USD 20.1 million |
| Growth rate | 26.2% (CAGR from 2022 to 2030) |
| Largest segment | Stationary floating solar panels |
| Fastest growing segment | Stationary Floating Solar Panels |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, India accounted for 8.8% of the global floating solar panels market in 2022.
- Country-wise, Japan is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan floating solar panels market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 20.1 million by 2030.
Key Regions: U.S. , Japan , China , South Korea
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Floating Solar Panels Market Scope
Floating Solar Panels Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 87.1% in 2022. Horizon Databook has segmented the India 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.
- India Floating Solar Panels Product Outlook (Revenue, USD Million, 2018-2030)
- Stationary Floating Solar Panels
- Tracking Floating Solar Panels
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Horizon Databook provides a detailed overview of country-level data and insights on the India floating solar panels market , including forecasts for subscribers. This country databook contains high-level insights into India floating solar panels market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India floating solar panels market size, by product, 2018-2030 (US$M)
India Floating Solar Panels Market Outlook Share, 2022 & 2030 (US$M)
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