NORTH AMERICA FLOATING POWER PLANT MARKET 2019-2027

Energy, Power & Utilities | Power

NORTH AMERICA FLOATING POWER PLANT MARKET 2019-2027

Market By Source, Capacity And Geography | Forecast 2019-2027

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Triton’s research report shows that the North America floating power plant market is evolving in terms of revenue, at a CAGR of 9.99% over the forecast period 2019-2027. 

Countries amassing the North America floating power plant market:

•    United States

•    Canada

North America floating power plant market is evolving in terms of revenue, at a CAGR of 9.99% over the forecast period 2019-2027

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A floating power plant is a power producing framework mounted on control ships, control freight ships or drifting structures that are introduced over a water body to create power. These drifting force plants fundamentally use sustainable power sources such as wind energy, solar energy and wave energy or ordinary power sources, for example, diesel, coal, overwhelming fuel oils, flammable gas and atomic energy for the creation of power. These power plants can run on both single cycle mode and consolidated cycle mode. Coasting power plants are developed cost adequately and quickly in an all-around controlled mechanical setting. The floating power plants are pulled to a seaward site and connected to the grid of the fully functional plants. They can give an alternative of returning to a protected condition in case of a breakdown especially in remote areas and testing ecological conditions.

Major countries in the region are the U.S and Canada. The US market drives the North American region. Advancements in floating wind power plants are pushing the countries’ lucrative development opportunities. A few atomic and sunlight based floating power plant ventures are being actualized in this area. A floating solar power plant venture on San Diego's land occupies a bit of the repository surface and makes around 140,000 MWh of energy on an annual basis. Execution of a few such undertakings is additionally anticipated that would expand the development of the floating power plant market in the US. In Canada, a few market players are likewise engaged in creating skimming power plants and means to offer gliding atomic reactors which would be in charge of giving a power source to remote mining ventures, in this way increasing the development of floating power plants in the nation. However, obstructions such as sudden and serious common catastrophes and multifaceted nature in the establishment of an energy plant in water are the present difficulties to the market in the North American region.

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Table of Content

1.    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 - NORTH AMERICA

5.1. UNITED STATES

5.2. CANADA

6.    COMPETITIVE LANDSCAPE

6.1. COMPANY PROFILE

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

List of table

TABLE 1: NORTH AMERICA FLOATING POWER PLANT MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)        

TABLE 2: MARKET ATTRACTIVENESS INDEX          

TABLE 3: VENDOR SCORECARD                    

TABLE 4: NORTH AMERICA FLOATING POWER PLANT MARKET, BY SOURCE, 2019-2027 (IN $ MILLION)   

TABLE 5: NORTH AMERICA FLOATING POWER PLANT MARKET, BY CAPACITY, 2019-2027 (IN $ MILLION)         

List of Figures

FIGURE 1: NORTH AMERICA FLOATING POWER PLANT MARKET, BY SOURCE, 2018 & 2027 (IN %)

FIGURE 2: NORTH AMERICA NON-RENEWABLE POWER SOURCE MARKET, 2019-2027 (IN $ MILLION)

FIGURE 3: NORTH AMERICA ABOVE 250MW CAPACITY MARKET, 2019-2027 (IN $ MILLION)           

FIGURE 4: PORTER’S FIVE FORCE ANALYSIS        

FIGURE 5: REDUCTION IN COST OF ENERGY FROM OFF-SHORE WIND PROJECTS (US$/MWH)  

FIGURE 6: NORTH AMERICA FLOATING POWER PLANT MARKET, BY RENEWABLE POWER SOURCE, 2019-2027 (IN $ MILLION)     

FIGURE 7: NORTH AMERICA FLOATING POWER PLANT MARKET, BY NON-RENEWABLE POWER SOURCE, 2019-2027 (IN $ MILLION)

FIGURE 8: NORTH AMERICA FLOATING POWER PLANT MARKET, BY 0MW-5MW CAPACITY FLOATING POWER PLANTS, 2019-2027 (IN $ MILLION)     

FIGURE 9: NORTH AMERICA FLOATING POWER PLANT MARKET, BY 5.1MW-20MW CAPACITY FLOATING POWER PLANTS, 2019-2027 (IN $ MILLION)        

FIGURE 10: NORTH AMERICA FLOATING POWER PLANT MARKET, BY 20.1MW-100MW CAPACITY FLOATING POWER PLANTS, 2019-2027 (IN $ MILLION)        

FIGURE 11: NORTH AMERICA FLOATING POWER PLANT MARKET, BY 100.1MW-250MW CAPACITY FLOATING POWER PLANTS, 2019-2027 (IN $ MILLION)        

FIGURE 12: NORTH AMERICA FLOATING POWER PLANT MARKET, BY ABOVE 250MW CAPACITY FLOATING POWER PLANTS, 2019-2027 (IN $ MILLION)        

FIGURE 13: NORTH AMERICA 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)

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