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