Market By Source, Capacity And Geography | Forecast 2019-2027
After a detailed analysis, Triton Market Research has concluded that the global floating power plant market is expected to display an upward trend and is estimated to grow at a CAGR of 9.52% in terms of revenue over the forecast period of 2019 to 2027. The market was assessed to be worth $858 million in the year 2018 and is predicted to generate a revenue of approximately $1887 million by the year 2027.
We provide additional customization based on your specific requirements. Request For Customization
The floating power plants refer to power generation units that are located on a platform afloat a water body. These power plants act as primary power source for a specific facility and may also be used as an emergency power source. Further, these power plants provide the unique benefit that they can be relocated and thus, are ideal for power production on an interim basis in order to alleviate local power shortages. The manufacturing of floating power plant can be done at a shipyard or factory. A special site set up for its construction is not necessary. It is not required to carry out viability studies on the land and land environment. The dismantling can be done at a specialized site.
Within this report from Triton on floating power plant market, the market definition and the key insights regarding the industry have been discussed. Also, the market attractiveness matrix, vendor scorecard, key buying criteria, value chain analysis and Porter’s five force analysis have been studied for the floating power plant Industry.
Floating power plants are more beneficial over-land based power plants and the availability of less land leads to installation of new capacity over water bodies; these are some of the reasons to install floating power plants. The rapidly increasing demand for power and the increasing awareness about clean energy are some of the driving factors for the growth of this market. The floating power plant industry is facing restraints like high investments which are obstructing the industry growth. Key opportunities like the increasing popularity of solar power and the rising popularity of floating wind farms can be leveraged by the industry to reach the projected growth. Challenges such as the difficulties in installation of these power plants are faced by the industry at this moment.
To get detailed insights on segments, Request Free Sample Report
Geographies covered for global floating power plant market
• North America Floating Power Plant: The United States and Canada
• Europe Floating Power Plant: The United Kingdom, Germany, France, Italy, Spain, Russia and rest of Europe
• Asia-PacificFloating Power Plant: China, Japan, India, South Korea, ASEAN countries, Australia & New Zealand and rest of Asia Pacific
• Latin AmericaFloating Power Plant: Brazil, Mexico and rest of Latin America
• The Middle East & AfricaFloating Power Plant: The United Arab Emirates, Turkey, Saudi Arabia, South Africa and rest of the Middle East & Africa.
Floating power plant market segmentation:
O By source, the global floating power plant market is further segmented into:
• Renewable Power
• Non-Renewable Power
O By capacity, the global floating power plant market is further segmented into:
• 0MW-5MW
• 5.1MW-20MW
• 20.1MW-100MW
• 100.1MW-250MW
• Above 250MW
Some of the prominent players in the floating power plant market are Caterpillar Inc., Mitsubishi Corporation, Siemens AG, General Electric, Wartsila Corporation, Upsolar Global Co. Ltd, SeaTwirl AB, Kyocera Corporation, Man Diesel & Turbo SE, Vikram Solar Pvt Ltd., Ideol S.A., Ciel & Terre International, Floating Power Plant, Principle Power Inc, Yingli Green Energy Holding Company Limited.
The strategic analysis for each of these companies in the floating power plant market has been covered in detail. Company profiles help to dive into the information about the key market players in this industry and how much hold they have on the market. In spite of being technologically intensive, the immense growth opportunities are attracting new companies to rush into the market and thus, accelerate the degree of competition.
1. GLOBAL
FLOATING POWER PLANT MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. MARKET
DEFINITION
2.2. KEY
INSIGHTS
2.2.1. NON-RENEWABLE
POWER TO BE THE MAJOR SOURCE SEGMENT
2.2.2. ABOVE
250MW TO BE THE FOREMOST IN THE CAPACITY SEGMENT
2.2.3. RISE
IN THE RESEARCH & DEVELOPMENT IN FLOATING POWER PLANTS
2.3. PORTER’S
FIVE FORCE ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTE
2.3.3. BARGAINING
POWER OF SUPPLIERS
2.3.4. BARGAINING
POWER OF BUYERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. KEY
BUYING CRITERIA
2.7. VALUE
CHAIN ANALYSIS
2.8. MARKET
DRIVERS
2.8.1. FLOATING
POWER PLANTS MORE BENEFICIAL OVER LAND-BASED POWER PLANTS
2.8.2. AVAILABILITY
OF LESS LAND LEADS TO INSTALLATION OF NEW CAPACITY OVER WATER BODIES
2.8.3. RAPIDLY
INCREASING DEMAND FOR POWER
2.8.4. INCREASING
AWARENESS ABOUT CLEAN ENERGY
2.9. MARKET
RESTRAINTS
2.9.1. HIGH
INVESTMENT
2.10.
MARKET OPPORTUNITIES
2.10.1.
INCREASING POPULARITY OF SOLAR
POWER
2.10.2.
RISING POPULARITY OF FLOATING
WIND FARMS
2.11.
MARKET CHALLENGES
2.11.1.
DIFFICULTY IN INSTALLATION
3. FLOATING
POWER PLANT MARKET OUTLOOK - BY SOURCE
3.1. RENEWABLE
POWER SOURCE
3.2. NON-RENEWABLE
POWER SOURCE
4. FLOATING
POWER PLANT MARKET OUTLOOK - BY CAPACITY
4.1. 0MW-5MW
CAPACITY FLOATING POWER PLANTS
4.2. 5.1MW-20MW
CAPACITY FLOATING POWER PLANTS
4.3. 20.1MW-100MW
CAPACITY FLOATING POWER PLANTS
4.4. 100.1MW-250MW
CAPACITY FLOATING POWER PLANTS
4.5. ABOVE
250MW CAPACITY FLOATING POWER PLANTS
5. FLOATING
POWER PLANT MARKET - REGIONAL OUTLOOK
5.1. NORTH
AMERICA
5.1.1. MARKET
BY SOURCE
5.1.2. MARKET
BY CAPACITY
5.1.3. COUNTRY
ANALYSIS
5.1.3.1. UNITED
STATES
5.1.3.2. CANADA
5.2. EUROPE
5.2.1. MARKET
BY SOURCE
5.2.2. MARKET
BY CAPACITY
5.2.3. COUNTRY
ANALYSIS
5.2.3.1. UNITED
KINGDOM
5.2.3.2. GERMANY
5.2.3.3. FRANCE
5.2.3.4. ITALY
5.2.3.5. SPAIN
5.2.3.6. RUSSIA
5.2.3.7. REST
OF EUROPE
5.3. ASIA-PACIFIC
5.3.1. MARKET
BY SOURCE
5.3.2. MARKET
BY CAPACITY
5.3.3. COUNTRY
ANALYSIS
5.3.3.1. CHINA
5.3.3.2. JAPAN
5.3.3.3. INDIA
5.3.3.4. SOUTH
KOREA
5.3.3.5. ASEAN
COUNTRIES
5.3.3.6. AUSTRALIA
& NEW ZEALAND
5.3.3.7. REST
OF ASIA-PACIFIC
5.4. LATIN
AMERICA
5.4.1. MARKET
BY SOURCE
5.4.2. MARKET
BY CAPACITY
5.4.3. COUNTRY
ANALYSIS
5.4.3.1. BRAZIL
5.4.3.2. MEXICO
5.4.3.3. REST
OF LATIN AMERICA
5.5. MIDDLE
EAST & AFRICA
5.5.1. MARKET
BY SOURCE
5.5.2. MARKET
BY CAPACITY
5.5.3. COUNTRY
ANALYSIS
5.5.3.1. UNITED
ARAB EMIRATES
5.5.3.2. TURKEY
5.5.3.3. SAUDI
ARABIA
5.5.3.4. SOUTH
AFRICA
5.5.3.5. REST
OF MIDDLE EAST & AFRICA
6. COMPETITIVE
LANDSCAPE
6.1. SEATWIRL
AB
6.2. FLOATING
POWER PLANT
6.3. UPSOLAR
GLOBAL CO., LTD.
6.4. CATERPILLAR,
INC.
6.5. KYOCERA
CORPORATION
6.6. MITSUBISHI
CORPORATION
6.7. VIKRAM
SOLAR PVT. LTD.
6.8. YINGLI
GREEN ENERGY HOLDING COMPANY, LIMITED
6.9. CIEL
& TERRE INTERNATIONAL
6.10. SIEMENS AG
6.11. MAN DIESEL & TURBO SE
6.12. IDEOL S.A.
6.13. PRINCIPLE POWER, INC.
6.14. GENERAL ELECTRIC
6.15. WARTSILA CORPORATION
7. METHODOLOGY
& SCOPE
7.1. RESEARCH
SCOPE
7.2. SOURCES
OF DATA
7.3. RESEARCH
METHODOLOGY
TABLE 1: GLOBAL
FLOATING POWER PLANT MARKET, BY GEOGRAPHY, 2019-2027 (IN $ MILLION)
TABLE 2: MARKET
ATTRACTIVENESS INDEX
TABLE 3: VENDOR
SCORECARD
TABLE 4: GLOBAL
FLOATING POWER PLANT MARKET, BY SOURCE, 2019-2027, (IN $ MILLION)
TABLE 5: GLOBAL
FLOATING POWER PLANT MARKET, BY CAPACITY, 2019-2027, (IN $ MILLION)
TABLE 6: GLOBAL
FLOATING POWER PLANT MARKET, BY GEOGRAPHY, 2019-2027, (IN $ MILLION)
TABLE 7: NORTH AMERICA
FLOATING POWER PLANT MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 8: NORTH AMERICA
FLOATING POWER PLANT MARKET, BY SOURCE, 2019-2027 (IN $ MILLION)
TABLE 9: NORTH AMERICA
FLOATING POWER PLANT MARKET, BY CAPACITY, 2019-2027 (IN $ MILLION)
TABLE 10: EUROPE FLOATING
POWER PLANT MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 11: EUROPE
FLOATING POWER PLANT MARKET, BY SOURCE, 2019-2027 (IN $ MILLION)
TABLE 12: EUROPE
FLOATING POWER PLANT MARKET, BY CAPACITY, 2019-2027 (IN $ MILLION)
TABLE 13: ASIA-PACIFIC
FLOATING POWER PLANT MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 14: ASIA-PACIFIC
FLOATING POWER PLANT MARKET, BY SOURCE, 2019-2027 (IN $ MILLION)
TABLE 15: ASIA-PACIFIC
FLOATING POWER PLANT MARKET, BY CAPACITY, 2019-2027 (IN $ MILLION)
TABLE 16: LATIN AMERICA
FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)
TABLE 17: LATIN AMERICA
FLOATING POWER PLANT MARKET, BY SOURCE, 2019-2027 (IN $ MILLION)
TABLE 18: LATIN AMERICA
FLOATING POWER PLANT MARKET, BY CAPACITY, 2019-2027 (IN $ MILLION)
TABLE 19: MIDDLE EAST
& AFRICA FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)
TABLE 20: MIDDLE EAST
& AFRICA FLOATING POWER PLANT MARKET, BY SOURCE, 2019-2027 (IN $ MILLION)
TABLE 21: MIDDLE EAST
& AFRICA FLOATING POWER PLANT MARKET, BY CAPACITY, 2019-2027 (IN $ MILLION)
FIGURE 1: GLOBAL
FLOATING POWER PLANT MARKET, BY SOURCE, 2018 & 2027 (IN %)
FIGURE 2: GLOBAL
NON-RENEWABLE POWER SOURCE MARKET, 2019 - 2027 (IN $ MILLION)
FIGURE 3: GLOBAL ABOVE
250MW CAPACITY MARKET, 2019 - 2027 (IN $ MILLION)
FIGURE 4: PORTER’S FIVE
FORCE ANALYSIS
FIGURE 5 REDUCTION IN
COST OF ENERGY FROM OFFSHORE WIND PROJECTS (US$/MWH)
FIGURE 6: GLOBAL
FLOATING POWER PLANT MARKET, BY RENEWABLE POWER SOURCE, 2019-2027 (IN $
MILLION)
FIGURE 7: GLOBAL
FLOATING POWER PLANT MARKET, BY NON-RENEWABLE POWER SOURCE, 2019-2027 (IN $
MILLION)
FIGURE 8: GLOBAL
FLOATING POWER PLANT MARKET, BY 0MW-5MW CAPACITY FLOATING POWER PLANTS,
2019-2027 (IN $ MILLION)
FIGURE 9: GLOBAL
FLOATING POWER PLANT MARKET, BY 5.1MW-20MW CAPACITY FLOATING POWER PLANTS,
2019-2027 (IN $ MILLION)
FIGURE 10: GLOBAL
FLOATING POWER PLANT MARKET, BY 20.1MW-100MW CAPACITY FLOATING POWER PLANTS,
2019-2027 (IN $ MILLION)
FIGURE 11: GLOBAL
FLOATING POWER PLANT MARKET, BY 100.1MW-250MW CAPACITY FLOATING POWER PLANTS,
2019-2027 (IN $ MILLION)
FIGURE 12: GLOBAL
FLOATING POWER PLANT MARKET, BY ABOVE 250MW CAPACITY FLOATING POWER PLANTS,
2019-2027 (IN $ MILLION)
FIGURE 13: GLOBAL
FLOATING POWER PLANT MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
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: UNITED
KINGDOM FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 17: GERMANY
FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 18: FRANCE
FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 19: SPAIN
FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 20: ITALY
FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 21: RUSSIA
FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 22: REST OF
EUROPE FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 23: INDIA
FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 24: JAPAN
FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 25: CHINA
FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 26: SOUTH KOREA
FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 27: ASEAN
COUNTRIES FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 28: AUSTRALIA
& NEW ZEALAND FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 29: REST OF
ASIA-PACIFIC FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 30: BRAZIL
FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 31: MEXICO
FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 32: REST OF
LATIN AMERICA FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 33: UNITED ARAB
EMIRATES FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 34: TURKEY
FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 35: SAUDI ARABIA
FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 36: SOUTH AFRICA
FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 37: REST OF MIDDLE
EAST & AFRICA FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)