United States Floating Photovoltaics Market Growth, Size, Trends Analysis- By Product, By System, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Description

United States Floating Photovoltaics Market Introduction and Overview

According to SPER market research, 'United States Floating Photovoltaics Market Size- By Product, By System, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the United States Floating Photovoltaics Market is predicted to reach 280.56 million by 2033 with a CAGR of 11.94%.

Floating photovoltaic systems use the same PV panels used on land. However, these panels are either floating in water or suspended above a body of water. Floating solar panels generate more electricity than a comparable sized traditional system due to the cooling impact and reflectivity of water. Solar panels' shadowing effect may significantly reduce evaporation while also improving water quality by limiting the growth of some types of algae.

Floating PV installations in the US have slowed considerably as a result of the pandemic's effects on the supply chain, labor shortages, and construction activity limitations. Numerous projects had cancellations or delays, which had a negative impact on the floating PV market's growth. Furthermore, because of financial limitations brought on by the pandemic, local governments in a number of jurisdictions, including California, Texas, and others, modified their incentives and regulations.

Scope of the report:

Report Metric Details

Market size available for years 2020-2033

Base year considered 2023

Forecast period 2024-2033

Segments covered By Product, By System, By Application

Regions covered

Northeast, Midwest, West, South

Companies Covered Core Development Group, LLC, Sungrow Floating PV, Ciel et Terre International, ABL Group, ACCIONA SA, BayWa r.e. Solar Projects LLC, D3Energy, Laketricity USA Inc, US Floating Solar.

United States Floating Photovoltaics Market Segmentation:

By Product: Based on the Product, United States Floating Photovoltaics Market is segmented as; Stationary Floating Solar Panels, Solar-tracking Floating Solar Panels.

By System: Based on the System, United States Floating Photovoltaics Market is segmented as; Stand Alone FPV Systems, Hybrid FPV Hydropower Systems.

By Application: Based on the Application, United States Floating Photovoltaics Market is segmented as; Man-made Water Bodies, Natural Water Bodies.

By Region: This research also includes data for Northeast, Midwest, West, South.

Product Code: POAE24102

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER's internal database
- 2.1.4. Premium insight from KOL's
2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
4.2. COVID-19 Impacts of the United States Floating Photovoltaics Market.

5. Market variable and outlook

5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
5.3. PORTER's Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. United States Floating Photovoltaics Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United States Floating Photovoltaics Market

7. United States Floating Photovoltaics Market, By Product (USD Million) 2020-2033

7.1. United States Floating Photovoltaics Market Size, Share and Forecast, By Product, 2020-2026
7.2. United States Floating Photovoltaics Market Size, Share and Forecast, By Product, 2027-2033
7.3. Stationary Floating Solar Panels
7.4. Solar-tracking Floating Solar Panels

8. United States Floating Photovoltaics Market, By System (USD Million) 2020-2033

8.1. United States Floating Photovoltaics Market Size, Share and Forecast, By System, 2020-2026
8.2. United States Floating Photovoltaics Market Size, Share and Forecast, By System, 2027-2033
8.3. Stand Alone FPV Systems
8.4. Hybrid FPV Hydropower Systems

9. United States Floating Photovoltaics Market, By Application (USD Million) 2020-2033

9.1. United States Floating Photovoltaics Market Size, Share and Forecast, By Application, 2020-2026
9.2. United States Floating Photovoltaics Market Size, Share and Forecast, By Application, 2027-2033
9.3. Man-made Water Bodies
9.4. Natural Water Bodies

10. United States Floating Photovoltaics Market Forecast, 2020-2033 (USD Million)

10.1. United States Floating Photovoltaics Market Size and Market Share

11. United States Floating Photovoltaics Market, By Region, 2020-2033 (USD Million)

11.1. United States Floating Photovoltaics Market Size and Market Share By Region (2020-2026)
11.2. United States Floating Photovoltaics Market Size and Market Share By Region (2027-2033)
11.3. Northeast
11.4. Midwest
11.5. West
11.6. South

12. Company Profile

12.1. Core Development Group, LLC
- 12.1.1. Company details
- 12.1.2. Financial outlook
- 12.1.3. Product summary
- 12.1.4. Recent developments
12.2. Sungrow Floating PV
- 12.2.1. Company details
- 12.2.2. Financial outlook
- 12.2.3. Product summary
- 12.2.4. Recent developments
12.3. Ciel et Terre International
- 12.3.1. Company details
- 12.3.2. Financial outlook
- 12.3.3. Product summary
- 12.3.4. Recent developments
12.4. ABL Group
- 12.4.1. Company details
- 12.4.2. Financial outlook
- 12.4.3. Product summary
- 12.4.4. Recent developments
12.5. ACCIONA SA
- 12.5.1. Company details
- 12.5.2. Financial outlook
- 12.5.3. Product summary
- 12.5.4. Recent developments
12.6. BayWa r.e. Solar Projects LLC
- 12.6.1. Company details
- 12.6.2. Financial outlook
- 12.6.3. Product summary
- 12.6.4. Recent developments
12.7. D3Energy
- 12.7.1. Company details
- 12.7.2. Financial outlook
- 12.7.3. Product summary
- 12.7.4. Recent developments
12.8. Laketricity USA Inc
- 12.8.1. Company details
- 12.8.2. Financial outlook
- 12.8.3. Product summary
- 12.8.4. Recent developments
12.9. US Floating Solar
- 12.9.1. Company details
- 12.9.2. Financial outlook
- 12.9.3. Product summary
- 12.9.4. Recent developments
12.10. Others