South Korea Floating Solar Panels Market Size & Outlook
South Korea floating solar panels market, 2018-2030 (US$M)
Related Markets
South Korea floating solar panels market highlights
- The South Korea floating solar panels market generated a revenue of USD 0.8 million in 2022 and is expected to reach USD 3.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 21.4% 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 0.8 million |
| Market revenue in 2030 | USD 3.8 million |
| Growth rate | 21.4% (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, South Korea accounted for 2.3% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Floating Solar Panels Market Scope
Floating Solar Panels Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea 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 75% in 2022. Horizon Databook has segmented the South Korea 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.
- South Korea Floating Solar Panels Product Outlook (Revenue, USD Million, 2018-2030)
- Stationary Floating Solar Panels
- Tracking Floating Solar Panels
Reasons to subscribe to South Korea floating solar panels market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Korea floating solar panels market databook
-
Our clientele includes a mix of floating solar panels market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea floating solar panels market , including forecasts for subscribers. This country databook contains high-level insights into South Korea floating solar panels market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea floating solar panels market size, by product, 2018-2030 (US$M)
South Korea Floating Solar Panels Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
