Global Floating Solar Photovoltaic System market growth is projected to reach  US$ 296 million in 2025 to US$ 418 million in 2031; it is expected to grow at a CAGR of 5.9% from 2025 to 2031.

Global Floating Solar Photovoltaic System Market Trends and Analysis 2025-31

The global Floating Solar Photovoltaic System market size is predicted to grow from US$ 296 million in 2025 to US$ 418 million in 2031; it is expected to grow at a CAGR of 5.9% from 2025 to 2031. A floating solar photovoltaic (FPV) system is an emerging technology in which a solar photovoltaic (PV) system is placed directly on top of a body of water, as opposed to on land or on building rooftops. It is expected that global demand for photovoltaic products will remain high in the next few years. According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW. According to the data of China Photovoltaic Industry Association, the global newly installed photovoltaic capacity in 2022 is about 230 GW, and this number in 2023 is predicted to be 280-330 GW. According to the data of the Ministry of Industry and Information Technology, the total output value of Chinas photovoltaic industry exceeded 1.4 trillion yuan in 2022. From the perspective of production value, mainland China is still the global center of the PV industry. According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%. Among them, the production capacity of silicon wafers, solar cells, and components accounts for as high as 98%, 85% and 77%, respectively. According to the data released by the European Photovoltaic Association, 27 EU countries gained a new PV installed capacity of 41.4 GW in 2022. According to the report of the US Solar Energy Industries Association (SEIA), the US held a new PV installed capacity of less than 19 GW in 2022. But it is estimated that from 2023, the average annual growth rate of new photovoltaic installed capacity will exceed 21%. In terms of Japan, based on data from Fitch and the US Energy Information Administration (EIA), in 2022, Japans newly installed photovoltaic capacity was 3.57 GW. The market for floating solar photovoltaic systems is currently in a rapid expansion phase, with its size continuously increasing. Sales growth is primarily driven by the growing focus on environmental sustainability, as these systems offer a renewable energy generation solution under water bodies. They find specific uses across a wide range of applications, including reservoirs, lakes, and water treatment facilities, effectively reducing water surface evaporation while providing clean electricity. The future development prospects are highly promising, with increasing government support for renewable energy, ongoing technological advancements making floating solar PV systems more competitive, and injecting new vitality into the renewable energy market. Infinity Market Research newest research report, the Floating Solar Photovoltaic System Industry Forecast looks at past sales and reviews total world Floating Solar Photovoltaic System sales in 2024, providing a comprehensive analysis by region and market sector of projected Floating Solar Photovoltaic System sales for 2025 through 2031. With Floating Solar Photovoltaic System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Floating Solar Photovoltaic System industry. This Insight Report provides a comprehensive analysis of the global Floating Solar Photovoltaic System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Floating Solar Photovoltaic System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Floating Solar Photovoltaic System market. This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Floating Solar Photovoltaic System and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Floating Solar Photovoltaic System. This report presents a comprehensive overview, market shares, and growth opportunities of Floating Solar Photovoltaic System market by product type, application, key manufacturers and key regions and countries. Segmentation by Type: &nbsp;&nbsp;&nbsp; PV Modules &nbsp;&nbsp;&nbsp; Floating Body and Anchoring System &nbsp;&nbsp;&nbsp; Inverter &nbsp;&nbsp;&nbsp; Others Segmentation by Application: &nbsp;&nbsp;&nbsp; Utilities &nbsp;&nbsp;&nbsp; Residential &nbsp;&nbsp;&nbsp; Commercial This report also splits the market by region: &nbsp;&nbsp;&nbsp; Americas &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United States &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Canada &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mexico &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brazil &nbsp;&nbsp;&nbsp; APAC &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; China &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Japan &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Korea &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southeast Asia &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; India &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Australia &nbsp;&nbsp;&nbsp; Europe &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Germany &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; France &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; UK &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Italy &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Russia &nbsp;&nbsp;&nbsp; Middle East & Africa &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Egypt &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Africa &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Israel &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Turkey &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; GCC Countries The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration. &nbsp;&nbsp;&nbsp; Sungrow &nbsp;&nbsp;&nbsp; Ciel & Terre &nbsp;&nbsp;&nbsp; BayWa r.e. &nbsp;&nbsp;&nbsp; LS Electric &nbsp;&nbsp;&nbsp; Trina Solar &nbsp;&nbsp;&nbsp; Ocean Sun &nbsp;&nbsp;&nbsp; Adtech Systems &nbsp;&nbsp;&nbsp; Waaree Group &nbsp;&nbsp;&nbsp; Isigenere &nbsp;&nbsp;&nbsp; Swimsol &nbsp;&nbsp;&nbsp; Yellow Tropus Key Questions Addressed in this Report What is the 10-year outlook for the global Floating Solar Photovoltaic System market? What factors are driving Floating Solar Photovoltaic System market growth, globally and by region? Which technologies are poised for the fastest growth by market and region? How do Floating Solar Photovoltaic System market opportunities vary by end market size? How does Floating Solar Photovoltaic System break out by Type, by Application?

1 Scope of the Report &nbsp;1.1 Market Introduction &nbsp;1.2 Years Considered &nbsp;1.3 Research Objectives &nbsp;1.4 Market Research Methodology &nbsp;1.5 Research Process and Data Source &nbsp;1.6 Economic Indicators &nbsp;1.7 Currency Considered &nbsp;1.8 Market Estimation Caveats 2 Executive Summary &nbsp;2.1 World Market Overview &nbsp;2.1.1 Global Floating Solar Photovoltaic System Annual Sales 2020-2031 &nbsp;2.1.2 World Current & Future Analysis for Floating Solar Photovoltaic System by Geographic Region, 2020, 2024 & 2031 &nbsp;2.1.3 World Current & Future Analysis for Floating Solar Photovoltaic System by Country/Region, 2020, 2024 & 2031 &nbsp;2.2 Floating Solar Photovoltaic System Segment by Type &nbsp;2.2.1 PV Modules &nbsp;2.2.2 Floating Body and Anchoring System &nbsp;2.2.3 Inverter &nbsp;2.2.4 Others &nbsp;2.3 Floating Solar Photovoltaic System Sales by Type &nbsp;2.3.1 Global Floating Solar Photovoltaic System Sales Market Share by Type (2020-2025) &nbsp;2.3.2 Global Floating Solar Photovoltaic System Revenue and Market Share by Type (2020-2025) &nbsp;2.3.3 Global Floating Solar Photovoltaic System Sale Price by Type (2020-2025) &nbsp;2.4 Floating Solar Photovoltaic System Segment by Application &nbsp;2.4.1 Utilities &nbsp;2.4.2 Residential &nbsp;2.4.3 Commercial &nbsp;2.5 Floating Solar Photovoltaic System Sales by Application &nbsp;2.5.1 Global Floating Solar Photovoltaic System Sale Market Share by Application (2020-2025) &nbsp;2.5.2 Global Floating Solar Photovoltaic System Revenue and Market Share by Application (2020-2025) &nbsp;2.5.3 Global Floating Solar Photovoltaic System Sale Price by Application (2020-2025) 3 Global by Company &nbsp;3.1 Global Floating Solar Photovoltaic System Breakdown Data by Company &nbsp;3.1.1 Global Floating Solar Photovoltaic System Annual Sales by Company (2020-2025) &nbsp;3.1.2 Global Floating Solar Photovoltaic System Sales Market Share by Company (2020-2025) &nbsp;3.2 Global Floating Solar Photovoltaic System Annual Revenue by Company (2020-2025) &nbsp;3.2.1 Global Floating Solar Photovoltaic System Revenue by Company (2020-2025) &nbsp;3.2.2 Global Floating Solar Photovoltaic System Revenue Market Share by Company (2020-2025) &nbsp;3.3 Global Floating Solar Photovoltaic System Sale Price by Company &nbsp;3.4 Key Manufacturers Floating Solar Photovoltaic System Producing Area Distribution, Sales Area, Product Type &nbsp;3.4.1 Key Manufacturers Floating Solar Photovoltaic System Product Location Distribution &nbsp;3.4.2 Players Floating Solar Photovoltaic System Products Offered &nbsp;3.5 Market Concentration Rate Analysis &nbsp;3.5.1 Competition Landscape Analysis &nbsp;3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025) &nbsp;3.6 New Products and Potential Entrants &nbsp;3.7 Market M&A Activity & Strategy 4 World Historic Review for Floating Solar Photovoltaic System by Geographic Region &nbsp;4.1 World Historic Floating Solar Photovoltaic System Market Size by Geographic Region (2020-2025) &nbsp;4.1.1 Global Floating Solar Photovoltaic System Annual Sales by Geographic Region (2020-2025) &nbsp;4.1.2 Global Floating Solar Photovoltaic System Annual Revenue by Geographic Region (2020-2025) &nbsp;4.2 World Historic Floating Solar Photovoltaic System Market Size by Country/Region (2020-2025) &nbsp;4.2.1 Global Floating Solar Photovoltaic System Annual Sales by Country/Region (2020-2025) &nbsp;4.2.2 Global Floating Solar Photovoltaic System Annual Revenue by Country/Region (2020-2025) &nbsp;4.3 Americas Floating Solar Photovoltaic System Sales Growth &nbsp;4.4 APAC Floating Solar Photovoltaic System Sales Growth &nbsp;4.5 Europe Floating Solar Photovoltaic System Sales Growth &nbsp;4.6 Middle East & Africa Floating Solar Photovoltaic System Sales Growth 5 Americas &nbsp;5.1 Americas Floating Solar Photovoltaic System Sales by Country &nbsp;5.1.1 Americas Floating Solar Photovoltaic System Sales by Country (2020-2025) &nbsp;5.1.2 Americas Floating Solar Photovoltaic System Revenue by Country (2020-2025) &nbsp;5.2 Americas Floating Solar Photovoltaic System Sales by Type (2020-2025) &nbsp;5.3 Americas Floating Solar Photovoltaic System Sales by Application (2020-2025) &nbsp;5.4 United States &nbsp;5.5 Canada &nbsp;5.6 Mexico &nbsp;5.7 Brazil 6 APAC &nbsp;6.1 APAC Floating Solar Photovoltaic System Sales by Region &nbsp;6.1.1 APAC Floating Solar Photovoltaic System Sales by Region (2020-2025) &nbsp;6.1.2 APAC Floating Solar Photovoltaic System Revenue by Region (2020-2025) &nbsp;6.2 APAC Floating Solar Photovoltaic System Sales by Type (2020-2025) &nbsp;6.3 APAC Floating Solar Photovoltaic System Sales by Application (2020-2025) &nbsp;6.4 China &nbsp;6.5 Japan &nbsp;6.6 South Korea &nbsp;6.7 Southeast Asia &nbsp;6.8 India &nbsp;6.9 Australia &nbsp;6.10 China Taiwan 7 Europe &nbsp;7.1 Europe Floating Solar Photovoltaic System by Country &nbsp;7.1.1 Europe Floating Solar Photovoltaic System Sales by Country (2020-2025) &nbsp;7.1.2 Europe Floating Solar Photovoltaic System Revenue by Country (2020-2025) &nbsp;7.2 Europe Floating Solar Photovoltaic System Sales by Type (2020-2025) &nbsp;7.3 Europe Floating Solar Photovoltaic System Sales by Application (2020-2025) &nbsp;7.4 Germany &nbsp;7.5 France &nbsp;7.6 UK &nbsp;7.7 Italy &nbsp;7.8 Russia 8 Middle East & Africa &nbsp;8.1 Middle East & Africa Floating Solar Photovoltaic System by Country &nbsp;8.1.1 Middle East & Africa Floating Solar Photovoltaic System Sales by Country (2020-2025) &nbsp;8.1.2 Middle East & Africa Floating Solar Photovoltaic System Revenue by Country (2020-2025) &nbsp;8.2 Middle East & Africa Floating Solar Photovoltaic System Sales by Type (2020-2025) &nbsp;8.3 Middle East & Africa Floating Solar Photovoltaic System Sales by Application (2020-2025) &nbsp;8.4 Egypt &nbsp;8.5 South Africa &nbsp;8.6 Israel &nbsp;8.7 Turkey &nbsp;8.8 GCC Countries 9 Market Drivers, Challenges and Trends &nbsp;9.1 Market Drivers & Growth Opportunities &nbsp;9.2 Market Challenges & Risks &nbsp;9.3 Industry Trends 10 Manufacturing Cost Structure Analysis &nbsp;10.1 Raw Material and Suppliers &nbsp;10.2 Manufacturing Cost Structure Analysis of Floating Solar Photovoltaic System &nbsp;10.3 Manufacturing Process Analysis of Floating Solar Photovoltaic System &nbsp;10.4 Industry Chain Structure of Floating Solar Photovoltaic System 11 Marketing, Distributors and Customer &nbsp;11.1 Sales Channel &nbsp;11.1.1 Direct Channels &nbsp;11.1.2 Indirect Channels &nbsp;11.2 Floating Solar Photovoltaic System Distributors &nbsp;11.3 Floating Solar Photovoltaic System Customer 12 World Forecast Review for Floating Solar Photovoltaic System by Geographic Region &nbsp;12.1 Global Floating Solar Photovoltaic System Market Size Forecast by Region &nbsp;12.1.1 Global Floating Solar Photovoltaic System Forecast by Region (2026-2031) &nbsp;12.1.2 Global Floating Solar Photovoltaic System Annual Revenue Forecast by Region (2026-2031) &nbsp;12.2 Americas Forecast by Country (2026-2031) &nbsp;12.3 APAC Forecast by Region (2026-2031) &nbsp;12.4 Europe Forecast by Country (2026-2031) &nbsp;12.5 Middle East & Africa Forecast by Country (2026-2031) &nbsp;12.6 Global Floating Solar Photovoltaic System Forecast by Type (2026-2031) &nbsp;12.7 Global Floating Solar Photovoltaic System Forecast by Application (2026-2031) 13 Key Players Analysis &nbsp;13.1 Sungrow &nbsp;13.1.1 Sungrow Company Information &nbsp;13.1.2 Sungrow Floating Solar Photovoltaic System Product Portfolios and Specifications &nbsp;13.1.3 Sungrow Floating Solar Photovoltaic System Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.1.4 Sungrow Main Business Overview &nbsp;13.1.5 Sungrow Latest Developments &nbsp;13.2 Ciel & Terre &nbsp;13.2.1 Ciel & Terre Company Information &nbsp;13.2.2 Ciel & Terre Floating Solar Photovoltaic System Product Portfolios and Specifications &nbsp;13.2.3 Ciel & Terre Floating Solar Photovoltaic System Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.2.4 Ciel & Terre Main Business Overview &nbsp;13.2.5 Ciel & Terre Latest Developments &nbsp;13.3 BayWa r.e. &nbsp;13.3.1 BayWa r.e. Company Information &nbsp;13.3.2 BayWa r.e. Floating Solar Photovoltaic System Product Portfolios and Specifications &nbsp;13.3.3 BayWa r.e. Floating Solar Photovoltaic System Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.3.4 BayWa r.e. Main Business Overview &nbsp;13.3.5 BayWa r.e. Latest Developments &nbsp;13.4 LS Electric &nbsp;13.4.1 LS Electric Company Information &nbsp;13.4.2 LS Electric Floating Solar Photovoltaic System Product Portfolios and Specifications &nbsp;13.4.3 LS Electric Floating Solar Photovoltaic System Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.4.4 LS Electric Main Business Overview &nbsp;13.4.5 LS Electric Latest Developments &nbsp;13.5 Trina Solar &nbsp;13.5.1 Trina Solar Company Information &nbsp;13.5.2 Trina Solar Floating Solar Photovoltaic System Product Portfolios and Specifications &nbsp;13.5.3 Trina Solar Floating Solar Photovoltaic System Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.5.4 Trina Solar Main Business Overview &nbsp;13.5.5 Trina Solar Latest Developments &nbsp;13.6 Ocean Sun &nbsp;13.6.1 Ocean Sun Company Information &nbsp;13.6.2 Ocean Sun Floating Solar Photovoltaic System Product Portfolios and Specifications &nbsp;13.6.3 Ocean Sun Floating Solar Photovoltaic System Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.6.4 Ocean Sun Main Business Overview &nbsp;13.6.5 Ocean Sun Latest Developments &nbsp;13.7 Adtech Systems &nbsp;13.7.1 Adtech Systems Company Information &nbsp;13.7.2 Adtech Systems Floating Solar Photovoltaic System Product Portfolios and Specifications &nbsp;13.7.3 Adtech Systems Floating Solar Photovoltaic System Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.7.4 Adtech Systems Main Business Overview &nbsp;13.7.5 Adtech Systems Latest Developments &nbsp;13.8 Waaree Group &nbsp;13.8.1 Waaree Group Company Information &nbsp;13.8.2 Waaree Group Floating Solar Photovoltaic System Product Portfolios and Specifications &nbsp;13.8.3 Waaree Group Floating Solar Photovoltaic System Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.8.4 Waaree Group Main Business Overview &nbsp;13.8.5 Waaree Group Latest Developments &nbsp;13.9 Isigenere &nbsp;13.9.1 Isigenere Company Information &nbsp;13.9.2 Isigenere Floating Solar Photovoltaic System Product Portfolios and Specifications &nbsp;13.9.3 Isigenere Floating Solar Photovoltaic System Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.9.4 Isigenere Main Business Overview &nbsp;13.9.5 Isigenere Latest Developments &nbsp;13.10 Swimsol &nbsp;13.10.1 Swimsol Company Information &nbsp;13.10.2 Swimsol Floating Solar Photovoltaic System Product Portfolios and Specifications &nbsp;13.10.3 Swimsol Floating Solar Photovoltaic System Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.10.4 Swimsol Main Business Overview &nbsp;13.10.5 Swimsol Latest Developments &nbsp;13.11 Yellow Tropus &nbsp;13.11.1 Yellow Tropus Company Information &nbsp;13.11.2 Yellow Tropus Floating Solar Photovoltaic System Product Portfolios and Specifications &nbsp;13.11.3 Yellow Tropus Floating Solar Photovoltaic System Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.11.4 Yellow Tropus Main Business Overview &nbsp;13.11.5 Yellow Tropus Latest Developments 14 Research Findings and Conclusion

Report	Global Floating Solar Photovoltaic System Market Growth 2025-2031
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