The market value of floating solar panels worldwide reached roughly 35.6 million U.S. dollars in 2022, up from 30.2 million U.S. dollars one year earlier. It is forecast that the global floating solar panel market will grow with a compound annual growth rate (CAGR) of 22.5 percent between 2022 and 2030, surpassing 180 billion U.S. dollars by the latter year.
Market value of floating solar panels worldwide in 2021 and 2022, with a forecast for 2030
(in million U.S. dollars)
Characteristic
Market size in million U.S. dollars
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Grand View Research. (May 31, 2023). Market value of floating solar panels worldwide in 2021 and 2022, with a forecast for 2030 (in million U.S. dollars) [Graph]. In Statista. Retrieved July 04, 2024, from https://www.statista.com/statistics/1387785/global-floating-solar-panel-market-value/
Grand View Research. "Market value of floating solar panels worldwide in 2021 and 2022, with a forecast for 2030 (in million U.S. dollars)." Chart. May 31, 2023. Statista. Accessed July 04, 2024. https://www.statista.com/statistics/1387785/global-floating-solar-panel-market-value/
Grand View Research. (2023). Market value of floating solar panels worldwide in 2021 and 2022, with a forecast for 2030 (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 04, 2024. https://www.statista.com/statistics/1387785/global-floating-solar-panel-market-value/
Grand View Research. "Market Value of Floating Solar Panels Worldwide in 2021 and 2022, with a Forecast for 2030 (in Million U.S. Dollars)." Statista, Statista Inc., 31 May 2023, https://www.statista.com/statistics/1387785/global-floating-solar-panel-market-value/
Grand View Research, Market value of floating solar panels worldwide in 2021 and 2022, with a forecast for 2030 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1387785/global-floating-solar-panel-market-value/ (last visited July 04, 2024)
Market value of floating solar panels worldwide in 2021 and 2022, with a forecast for 2030 (in million U.S. dollars) [Graph], Grand View Research, May 31, 2023. [Online]. Available: https://www.statista.com/statistics/1387785/global-floating-solar-panel-market-value/