Floating Solar Panels Market Is Estimated To Exhibit At USD 2.70 Billion By 2025
The Report Floating Solar Panels Market Size & Trend Analysis, By Product (Tracking Floating Solar Panels, Stationery Floating Solar Panels), By Region (U.S., Europe, Asia Pacific, Japan, Central & South America, Rest of World), And Segment Forecasts, 2018 - 2025 The global floating solar panels market is expected to reach USD 2.70 billion by 2025, according to a new report by Grand View Research, Inc. The technology is expected to witness significant growth over the forecast period owing to rising demand for reliable renewable power generation. Furthermore, the ability to mitigate land cost is expected to favor demand over the projected period. The growing focus of various governments towards the use of renewable energy for power generation coupled as well as lower environmental pollution by reducing the dependence on fossil fuels is expected to have a positive impact over the projected period. Declining panel cost leading to lower per unit cost ...