Middle East & Africa Floating Solar Panels Market Size & Outlook, 2030

Revenue, 2022 (US$M)

$0.9

Forecast, 2030 (US$M)

$5.0

CAGR, 2023 - 2030

23.9%

Report Coverage

Middle East & Africa

Middle East & Africa floating solar panels market, 2018-2030 (US$M)

Related Markets

Global Floating Solar Panels Industry Outlook

North America Floating Solar Panels Market Outlook

U.S. Floating Solar Panels Market Outlook

Europe Floating Solar Panels Market Outlook

Asia Pacific Floating Solar Panels Market Outlook

Japan Floating Solar Panels Market Outlook

China Floating Solar Panels Market Outlook

India Floating Solar Panels Market Outlook

South Korea Floating Solar Panels Market Outlook

Latin America Floating Solar Panels Market Outlook

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 2022 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 segmentation & scope

Product

Stationary Floating Solar Panels

Tracking Floating Solar Panels

Regions

Europe

Countries

U.S.

China

India

Japan

South Korea

Floating Solar Panels Market Companies

Name	Profile	# Employees	HQ	Website

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.

Middle East & Africa 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 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.