KEY FINDINGS
Driven by an increasing demand for clean energy and power, coupled with the limited availability of land, the global floating power plant market is predicted to exhibit a 9.85% CAGR over the forecast period of 2019-2027. Several countries are considering their installation as they provide several advantages over land-based power plants.
MARKET INSIGHTS
Segmentation of the global floating power plant market is done according to capacity and source. There are several benefits of floating power plants over land-based power plants, for instance, its optimal matching at different power loads, the flexibility of fuel choice, water conservation, comprehensive operational and maintenance services and complete compliance with the strict environmental standards adopted across the world.
Huge capital investment associated with transportation, logistics, & accessibility issues majorly hinders the growth of the floating power plant market.
REGIONAL INSIGHTS
Regionally, the global floating power plant market is segmented into North America, Europe, Asia-Pacific and the Rest of World regional segment. Europe is anticipated to be the fastest-growing region in the global floating power plants market, driven by strong government support. Also, the region is home to several private organizations that are globally engaged in the installation of floating wind and solar wind farms.
The Asia Pacific floating power plant market is also anticipated to contribute the largest share by the end of 2027, with countries like China, South Korea, Japan, Australia, India, and the Rest of APAC are investing heavily in this technology.
COMPETITIVE INSIGHTS
Noted players in the global floating power plant market are Ciel & Terre International, Ideol SA, SeaTwirl AB, Principle Power, Inc., Upsolar Global Co. Ltd., Siemens AG, Floating Power Plant, Man Diesel & Turbo SE, Yingli Green Energy Holding Company Limited, Wärtsilä Corporation, Kyocera Corporation, Vikram Solar Pt. Ltd., Mitsubishi Corporation, Caterpillar Inc., and General Electric.
Global Floating Power Plant Market Forecast 2019-2027
Table of Contents
1. Research Scope
1.1. Study Goals
1.2. Scope Of The Market Study
1.3. Who Will Find This Report Useful?
1.4. Study And Forecasting Years
2. Research Methodology
2.1. Sources Of Data
2.1.1. Secondary Data
2.1.2. Primary Data
3. 2.2 Top-Down Approach 9
3.1. Bottom-Up Approach
3.2. Data Triangulation
4. Executive Summary
4.1. Market Summary
4.2. Key Findings
4.2.1. Non-Renewable Power To Dominate The Source Segment
4.2.2. Above 250 Mw To Lead The Capacity Segment
4.2.3. Increasing Research And Development In Floating Power Plants To Boost Opportunities
5. Market Dynamics
5.1. Market Definition & Scope
5.2. Market Drivers
5.2.1. Floating Power Plants Have Upper Hand Over Land Based Power Plants
5.2.2. Scarcity Of Land Results In Installation Of New Capacity Over Water Bodies
5.2.3. Continuously Rising Demand For Power
5.2.4. Rising Demand For Clean Energy
5.3. Market Restraints
5.3.1. Huge Capital Investment
5.4. Market Opportunities
5.4.1. Solar Power Booming In The Energy Sector
5.4.2. Increasing Popularity Of Floating Wind Farms
5.5. Market Challenges
5.5.1. Obstacles In Installation Procedure
6. Market By Source
6.1. Renewable Power Source
6.2. Non-Renewable Power Source
7. Market By Capacity
7.1. 0mw-5mw Capacity
7.2. 5.1mw-20mw Capacity
7.3. 20.1mw-100mw Capacity
7.4. 100.1mw-250mw Capacity
7.5. Above 250mw Capacity
8. Key Analytics
8.1. Porter's Five Force Model
8.1.1. Threat Of New Entrants
8.1.2. Threat Of Substitute
8.1.3. Bargaining Power Of Suppliers
8.1.4. Bargaining Power Of Buyers
8.1.5. Intensity Of Competitive Rivalry
8.2. Opportunity Matrix
8.3. Key Buying Criteria
8.4. Value Chain Analysis
8.5. Vendor Landscape
9. Geographical Analysis
9.1. North America
9.1.1. United States
9.1.2. Canada
9.2. Europe
9.2.1. Uk
9.2.2. France
9.2.3. Germany
9.2.4. Italy
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest Of Europe (Roe)
9.3. Asia Pacific
9.3.1. India
9.3.2. China
9.3.3. Japan
9.3.4. South Korea
9.3.5. Australia
9.3.6. Rest Of Asia Pacific (Roapac)
9.4. Rest Of World (Row)
9.4.1. Latin America
9.4.2. Middle East And Africa (Mea)
10. Competitive Landscape
10.1. Company Profile
10.1.1. Seatwirl Ab
10.1.2. Floating Power Plant
10.1.3. Upsolar Global Co. Ltd.
10.1.4. Caterpillar Inc
10.1.5. Kyocera Corporation
10.1.6. Mitsubishi Corporation
10.1.7. Vikram Solar Pvt. Ltd.
10.1.8. Yingli Green Energy Holding Company Limited
10.1.9. Ciel & Terre International
10.1.10. Siemens Ag
10.1.11. Man Diesel & Turbo Se
10.1.12. Ideol Sa
10.1.13. Principle Power, Inc.
10.1.14. General Electric
10.1.15. Wartsila Corporation
List of Tables
Table 1 Global Floating Power Plant Market, By Geography, 2019-2027 (In $ Million)
Table 2 Global Floating Power Plant Market, By Source, 2019-2027 (In $ Million)
Table 3 Global Renewable Power Source Market, By Region, 2019-2027 (In $ Million)
Table 4 Global Non-Renewable Power Source Market, By Region, 2019-2027 (In $ Million)
Table 5 Global Floating Power Plant Market, By Capacity, 2019-2027 (In $ Million)
Table 6 Global 0mw-5mw Capacity Floating Power Plants Market, By Region, 2019-2027 (In $ Million)
Table 7 Global 5.1mw-20mw Capacity Floating Power Plants Market, By Region, 2019-2027 (In $ Million)
Table 8 Global 20.1mw-100mw Capacity Floating Power Plants Market, By Region, 2019-2027 (In $ Million)
Table 9 Global 100.1mw-250mw Capacity Floating Power Plants Market, By Region, 2019-2027 (In $ Million)
Table 10 Global Above 250mw Capacity Floating Power Plants Market, By Region, 2019-2027 (In $ Million)
Table 11 Opportunity Matrix
Table 12 Vendor Landscape
Table 13 Global Floating Power Plant Market, By Geography, 2019-2027 (In $ Million)
Table 14 North America Floating Power Plant Market, By Country, 2019-2027 (In $ Million)
Table 15 Europe Floating Power Plant Market, By Country, 2019-2027 (In $ Million)
Table 16 Asia Pacific Floating Power Plant Market, By Country, 2019-2027 (In $ Million)
Table 17 Row Floating Power Plant Market, By Country, 2019-2027 (In $ Million)
List of Figures
Figure 1 Global Floating Power Plant Market Share, By Source, 2018 & 2027 (%)
Figure 2 Global Non-Renewable Power Source Market, 2019-2027 (In $ Million)
Figure 3 Global Above 250 Mw Capacity Market For Floating Power Plant, 2019-2027 (In $ Million)
Figure 4 Reduction In Cost Of Energy From Offshore Wind Projects (Us$/Mwh)
Figure 5 Global Floating Power Plant Market, By Renewable Power Source, 2019-2027 (In $ Million)
Figure 6 Global Floating Power Plant Market, By Non-Renewable Power Source, 2019-2027 (In $ Million)
Figure 7 Global Floating Power Plant Market, By 0mw-5mw Capacity, 2019-2027 (In $ Million)
Figure 8 Global Floating Power Plant Market, By 5.1mw-20mw Capacity, 2019-2027 (In $ Million)
Figure 9 Global Floating Power Plant Market, By 20.1mw-100mw Capacity, 2019-2027 (In $ Million)
Figure 10 Global Floating Power Plant Market, By 100.1mw-250mw Capacity, 2019-2027 (In $ Million)
Figure 11 Global Floating Power Plant Market, By Above 250mw Capacity, 2019-2027 (In $ Million)
Figure 12 Porter's Five Force Model
Figure 13 Global Floating Power Plant Market, Regional Outlook, 2018 & 2027, (%)
Figure 14 United States Floating Power Plant Market, 2019-2027 (In $ Million)
Figure 15 Canada Floating Power Plant Market, 2019-2027 (In $ Million)
Figure 16 Uk Floating Power Plant Market, 2019-2027 (In $ Million)
Figure 17 France Floating Power Plant Market, 2019-2027 (In $ Million)
Figure 18 Germany Floating Power Plant Market, 2019-2027 (In $ Million)
Figure 19 Italy Floating Power Plant Market, 2019-2027 (In $ Million)
Figure 20 Spaon Floating Power Plant Market, 2019-2027 (In $ Million)
Figure 21 Russia Floating Power Plant Market, 2019-2027 (In $ Million)
Figure 22 Roe Floating Power Plant Market, 2019-2027 (In $ Million)
Figure 23 India Floating Power Plant Market, 2019-2027 (In $ Million)
Figure 24 China Floating Power Plant Market, 2019-2027 (In $ Million)
Figure 25 Japan Floating Power Plant Market, 2019-2027 (In $ Million)
Figure 26 South Korea Floating Power Plant Market, 2019-2027 (In $ Million)
Figure 27 Australia Floating Power Plant Market, 2019-2027 (In $ Million)
Figure 28 Rest Of Apac Floating Power Plant Market, 2019-2027 (In $ Million)
Figure 29 Latin America Floating Power Plant Market, 2019-2027 (In $ Million)
Figure 30 Mea Floating Power Plant Market, 2019-2027 (In $ Million)
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