Floating Solar Panels Market by Product Type, by Geography, Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027 - PowerPoint PPT Presentation

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Floating Solar Panels Market by Product Type, by Geography, Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

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The global floating solar panels market has been projected to grow at a CAGR of over 30% market during the forecast period 2020-2027. The global floating solar panels market is projected to witness robust growth with increasing investment in renewable energy, growing concerns over the emission of greenhouse gases, and inclination of key fuel consuming economies to reduce dependency on fossil fuels. Growing investment in the installation of floating solar panels in land-scarce countries such as Japan, India, and China is projected to fuel the demand for floating solar panels in the Asia Pacific. Furthermore, floating solar panels offer superior efficiency as compared to conventional solar panels since installation on the water keeps the temperature of the solar panels relatively low resulting in better efficiency and improved life expectancy of the solar panels. – PowerPoint PPT presentation

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