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Published On: Feb 8, 2025

Global Floating Solar System Industry Growth and Trends Forecast to 2031

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Summary
According to APO Research, The global Floating Solar System market was estimated at US$ million in 2025 and is projected to reach a revised size of US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2026-2031.
North American market for Floating Solar System is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.
Asia-Pacific market for Floating Solar System is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.
Europe market for Floating Solar System is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.
The major global companies of Floating Solar System include Sungrow, Ciel and Terre, BayWa r.e., LS Electric Co., Ltd., Trina Solar, Ocean Sun, Adtech Systems, Waaree Energies Ltd and Isigenere (Isifloating), etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Floating Solar System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Floating Solar System.
The Floating Solar System market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Floating Solar System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
Key Companies & Market Share Insights
In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, gross margin by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.
Floating Solar System Segment by Company
Sungrow
Ciel and Terre
BayWa r.e.
LS Electric Co., Ltd.
Trina Solar
Ocean Sun
Adtech Systems
Waaree Energies Ltd
Isigenere (Isifloating)
Swimsol
Yellow Tropus
Floating Solar System Segment by Type
PV Modules
Floating Body and Anchoring System
Inverter
Others
Floating Solar System Segment by Application
Utility
Residential & Commercial
Floating Solar System Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Floating Solar System market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Floating Solar System and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Floating Solar System.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2020-2025, 2026-2031). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 3: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 4: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 5: Detailed analysis of Floating Solar System companies' competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, revenue by country.
Chapter 12: Concluding Insights of the report
Table 1:Global Floating Solar System Market Size (US$ Million) Comparison by Region: 2020 VS 2024 VS 2031
Table 2:Global Floating Solar System Market Size by Region (2020-2025) & (US$ Million)
Table 3:Global Floating Solar System Market Share by Region (2020-2025)
Table 4:Global Floating Solar System Market Size by Region (2026-2031) & (US$ Million)
Table 5:Global Floating Solar System Market Share by Region (2026-2031)
Table 6:Global Floating Solar System Market Size by Type (2020 VS 2024 VS 2031) & (US$ Million)
Table 7:Global Floating Solar System Market Size by Type (2020-2025) & (US$ Million)
Table 8:Global Floating Solar System Market Size Share by Type (2020-2025)
Table 9:Global Floating Solar System Market Size Forecasted by Type (2026-2031) & (US$ Million)
Table 10:Global Floating Solar System Market Size Share Forecasted by Type (2026-2031)
Table 11:North America Floating Solar System Market Size Breakdown by Type (2020-2025) & (US$ Million)
Table 12:North America Floating Solar System Market Size Breakdown by Type (2026-2031) & (US$ Million)
Table 13:Europe Floating Solar System Market Size Breakdown by Type (2020-2025) & (US$ Million)
Table 14:Europe Floating Solar System Market Size Breakdown by Type (2026-2031) & (US$ Million)
Table 15:Asia-Pacific Floating Solar System Market Size Breakdown by Type (2020-2025) & (US$ Million)
Table 16:Asia-Pacific Floating Solar System Market Size Breakdown by Type (2026-2031) & (US$ Million)
Table 17:Latin America Floating Solar System Market Size Breakdown by Type (2020-2025) & (US$ Million)
Table 18:Latin America Floating Solar System Market Size Breakdown by Type (2026-2031) & (US$ Million)
Table 19:Middle East and Africa Floating Solar System Market Size Breakdown by Type (2020-2025) & (US$ Million)
Table 20:Middle East and Africa Floating Solar System Market Size Breakdown by Type (2026-2031) & (US$ Million)
Table 21:Global Floating Solar System Market Size by Application (2020 VS 2024 VS 2031) & (US$ Million)
Table 22:Global Floating Solar System Market Size by Application (2020-2025) & (US$ Million)
Table 23:Global Floating Solar System Market Size Share by Application (2020-2025)
Table 24:Global Floating Solar System Market Size Forecasted by Application (2026-2031) & (US$ Million)
Table 25:Global Floating Solar System Market Size Share Forecasted by Application (2026-2031)
Table 26:North America Floating Solar System Market Size Breakdown by Application (2020-2025) & (US$ Million)
Table 27:North America Floating Solar System Market Size Breakdown by Application (2026-2031) & (US$ Million)
Table 28:Europe Floating Solar System Market Size Breakdown by Application (2020-2025) & (US$ Million)
Table 29:Europe Floating Solar System Market Size Breakdown by Application (2026-2031) & (US$ Million)
Table 30:Asia-Pacific Floating Solar System Market Size Breakdown by Application (2020-2025) & (US$ Million)
Table 31:Asia-Pacific Floating Solar System Market Size Breakdown by Application (2026-2031) & (US$ Million)
Table 32:Latin America Floating Solar System Market Size Breakdown by Application (2020-2025) & (US$ Million)
Table 33:Latin America Floating Solar System Market Size Breakdown by Application (2026-2031) & (US$ Million)
Table 34:Middle East and Africa Floating Solar System Market Size Breakdown by Application (2020-2025) & (US$ Million)
Table 35:Middle East and Africa Floating Solar System Market Size Breakdown by Application (2026-2031) & (US$ Million)
Table 36:Floating Solar System Industry Trends
Table 37:Floating Solar System Industry Drivers
Table 38:Floating Solar System Industry Opportunities and Challenges
Table 39:Floating Solar System Industry Restraints
Table 40:Global Floating Solar System Revenue by Company (US$ Million) & (2020-2025)
Table 41:Global Floating Solar System Revenue Market Share by Company (2020-2025)
Table 42:Global Floating Solar System Industry Company Ranking, 2023 VS 2024 VS 2025
Table 43:Global Floating Solar System Key Company Headquarters & Area Served
Table 44:Global Floating Solar System Company, Product Type & Application
Table 45:Global Floating Solar System Company Commercialization Time
Table 46:Global Company Market Concentration Ratio (CR5 and HHI)
Table 47:Global Floating Solar System by Company Type (Tier 1, Tier 2, and Tier 3) & (Based on the Revenue of 2024)
Table 48:Sungrow Business Overview
Table 49:Sungrow Floating Solar System Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 50:Sungrow Floating Solar System Product Portfolio
Table 51:Sungrow Recent Development
Table 52:Ciel and Terre Company Information
Table 53:Ciel and Terre Business Overview
Table 54:Ciel and Terre Floating Solar System Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 55:Ciel and Terre Floating Solar System Product Portfolio
Table 56:Ciel and Terre Recent Development
Table 57:BayWa r.e. Company Information
Table 58:BayWa r.e. Business Overview
Table 59:BayWa r.e. Floating Solar System Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 60:BayWa r.e. Floating Solar System Product Portfolio
Table 61:BayWa r.e. Recent Development
Table 62:LS Electric Co., Ltd. Company Information
Table 63:LS Electric Co., Ltd. Business Overview
Table 64:LS Electric Co., Ltd. Floating Solar System Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 65:LS Electric Co., Ltd. Floating Solar System Product Portfolio
Table 66:LS Electric Co., Ltd. Recent Development
Table 67:Trina Solar Company Information
Table 68:Trina Solar Business Overview
Table 69:Trina Solar Floating Solar System Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 70:Trina Solar Floating Solar System Product Portfolio
Table 71:Trina Solar Recent Development
Table 72:Ocean Sun Company Information
Table 73:Ocean Sun Business Overview
Table 74:Ocean Sun Floating Solar System Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 75:Ocean Sun Floating Solar System Product Portfolio
Table 76:Ocean Sun Recent Development
Table 77:Adtech Systems Company Information
Table 78:Adtech Systems Business Overview
Table 79:Adtech Systems Floating Solar System Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 80:Adtech Systems Floating Solar System Product Portfolio
Table 81:Adtech Systems Recent Development
Table 82:Waaree Energies Ltd Company Information
Table 83:Waaree Energies Ltd Business Overview
Table 84:Waaree Energies Ltd Floating Solar System Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 85:Waaree Energies Ltd Floating Solar System Product Portfolio
Table 86:Waaree Energies Ltd Recent Development
Table 87:Isigenere (Isifloating) Company Information
Table 88:Isigenere (Isifloating) Business Overview
Table 89:Isigenere (Isifloating) Floating Solar System Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 90:Isigenere (Isifloating) Floating Solar System Product Portfolio
Table 91:Isigenere (Isifloating) Recent Development
Table 92:Swimsol Company Information
Table 93:Swimsol Business Overview
Table 94:Swimsol Floating Solar System Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 95:Swimsol Floating Solar System Product Portfolio
Table 96:Swimsol Recent Development
Table 97:Yellow Tropus Company Information
Table 98:Yellow Tropus Business Overview
Table 99:Yellow Tropus Floating Solar System Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 100:Yellow Tropus Floating Solar System Product Portfolio
Table 101:Yellow Tropus Recent Development
Table 102:North America Floating Solar System Market Size Growth Rate (CAGR) by Country (US$ Million): 2020 VS 2024 VS 2031
Table 103:North America Floating Solar System Market Size by Country (2020-2025) & (US$ Million)
Table 104:North America Floating Solar System Market Share by Country (2020-2025)
Table 105:North America Floating Solar System Market Size Forecast by Country (2026-2031) & (US$ Million)
Table 106:North America Floating Solar System Market Share Forecast by Country (2026-2031)
Table 107:Europe Floating Solar System Market Size Growth Rate (CAGR) by Country (US$ Million): 2020 VS 2024 VS 2031
Table 108:Europe Floating Solar System Market Size by Country (2020-2025) & (US$ Million)
Table 109:Europe Floating Solar System Market Share by Country (2020-2025)
Table 110:Europe Floating Solar System Market Size Forecast by Country (2026-2031) & (US$ Million)
Table 111:Europe Floating Solar System Market Share Forecast by Country (2026-2031)
Table 112:Asia-Pacific Floating Solar System Market Size Growth Rate (CAGR) by Country (US$ Million): 2020 VS 2024 VS 2031
Table 113:Asia-Pacific Floating Solar System Market Size by Country (2020-2025) & (US$ Million)
Table 114:Asia-Pacific Floating Solar System Market Share by Country (2020-2025)
Table 115:Asia-Pacific Floating Solar System Market Size Forecast by Country (2026-2031) & (US$ Million)
Table 116:Asia-Pacific Floating Solar System Market Share Forecast by Country (2026-2031)
Table 117:Latin America Floating Solar System Market Size Growth Rate (CAGR) by Country (US$ Million): 2020 VS 2024 VS 2031
Table 118:Latin America Floating Solar System Market Size by Country (2020-2025) & (US$ Million)
Table 119:Latin America Floating Solar System Market Share by Country (2020-2025)
Table 120:Latin America Floating Solar System Market Size Forecast by Country (2026-2031) & (US$ Million)
Table 121:Latin America Floating Solar System Market Share Forecast by Country (2026-2031)
Table 122:Middle East & Africa Floating Solar System Market Size Growth Rate (CAGR) by Country (US$ Million): 2020 VS 2024 VS 2031
Table 123:Middle East & Africa Floating Solar System Market Size by Country (2020-2025) & (US$ Million)
Table 124:Middle East & Africa Floating Solar System Market Share by Country (2020-2025)
Table 125:Middle East & Africa Floating Solar System Market Size Forecast by Country (2026-2031) & (US$ Million)
Table 126:Middle East & Africa Floating Solar System Market Share Forecast by Country (2026-2031)
Table 127:Research Programs/Design for This Report
Table 128:Authors List of This Report
Table 129:Secondary Sources
Table 130:Primary Sources
Figure 1:Floating Solar System Product Image
Figure 2:Global Floating Solar System Market Size (US$ Million), 2020 VS 2024 VS 2031
Figure 3:Global Floating Solar System Market Size (2020-2031) & (US$ Million)
Figure 4:Global Floating Solar System Market Share by Region: 2024 VS 2031
Figure 5:Global Floating Solar System Market Share by Region (2020-2031)
Figure 6:North America Floating Solar System Market Size Growth Rate (2020-2031) & (US$ Million)
Figure 7:Europe Floating Solar System Market Size Growth Rate (2020-2031) & (US$ Million)
Figure 8:Asia-Pacific Floating Solar System Market Size Growth Rate (2020-2031) & (US$ Million)
Figure 9:Latin America Floating Solar System Market Size Growth Rate (2020-2031) & (US$ Million)
Figure 10:Middle East & Africa Floating Solar System Market Size Growth Rate (2020-2031) & (US$ Million)
Figure 11:PV Modules Image
Figure 12:Global PV Modules Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 13:Floating Body and Anchoring System Image
Figure 14:Global Floating Body and Anchoring System Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 15:Inverter Image
Figure 16:Global Inverter Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 17:Others Image
Figure 18:Global Others Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 19:Global Floating Solar System Market Size Overview by Type (2020-2031) & (US$ Million)
Figure 20:Global Floating Solar System Market Share by Type 2024 VS 2031
Figure 21:North America Floating Solar System Market Size Share by Type (2020-2031)
Figure 22:Europe Floating Solar System Market Size Share by Type (2020-2031)
Figure 23:Asia-Pacific Floating Solar System Market Size Share by Type (2020-2031)
Figure 24:Latin America Floating Solar System Market Size Share by Type (2020-2031)
Figure 25:Middle East and Africa Floating Solar System Market Size Share by Type (2020-2031)
Figure 26:Utility Image
Figure 27:Global Utility Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 28:Residential & Commercial Image
Figure 29:Global Residential & Commercial Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 30:Global Floating Solar System Market Size Overview by Application (2020-2031) & (US$ Million)
Figure 31:Global Floating Solar System Market Share by Application 2024 VS 2031
Figure 32:North America Floating Solar System Market Size Share by Application (2020-2031)
Figure 33:Europe Floating Solar System Market Size Share by Application (2020-2031)
Figure 34:Asia-Pacific Floating Solar System Market Size Share by Application (2020-2031)
Figure 35:Latin America Floating Solar System Market Size Share by Application (2020-2031)
Figure 36:Middle East and Africa Floating Solar System Market Size Share by Application (2020-2031)
Figure 37:Global Top 5 and 10 Floating Solar System Players Market Share by Revenue in 2024
Figure 38:Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 39:North America Floating Solar System Market Size by Country: 2020 VS 2024 VS 2031 (US$ Million)
Figure 40:North America Floating Solar System Market Share by Country: 2020 VS 2024 VS 2031
Figure 41:North America Floating Solar System Market Share by Country (2020-2031)
Figure 42:Europe Floating Solar System Market Size by Country: 2020 VS 2024 VS 2031 (US$ Million)
Figure 43:Europe Floating Solar System Market Share by Country: 2020 VS 2024 VS 2031
Figure 44:Europe Floating Solar System Market Share by Country (2020-2031)
Figure 45:Asia-Pacific Floating Solar System Market Size by Country: 2020 VS 2024 VS 2031 (US$ Million)
Figure 46:Asia-Pacific Floating Solar System Market Share by Country: 2020 VS 2024 VS 2031
Figure 47:Asia-Pacific Floating Solar System Market Share by Country (2020-2031)
Figure 48:Latin America Floating Solar System Market Size by Country: 2020 VS 2024 VS 2031 (US$ Million)
Figure 49:Latin America Floating Solar System Market Share by Country: 2020 VS 2024 VS 2031
Figure 50:Latin America Floating Solar System Market Share by Country (2020-2031)
Figure 51:Middle East & Africa Floating Solar System Market Size by Country: 2020 VS 2024 VS 2031 (US$ Million)
Figure 52:Middle East & Africa Floating Solar System Market Share by Country: 2020 VS 2024 VS 2031
Figure 53:Middle East & Africa Floating Solar System Market Share by Country (2020-2031)
Figure 54:Years Considered
Figure 55:Research Process

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Global Floating Solar System Industry Growth and Trends Forecast to 2031

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