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Asia-pacific Floating Power Plant Market 2023-2028

Best Price Guarantee Length Publisher Published Date SKU
from $1,500 127 Pages Triton Market Research June, 2023 TRTN18039344
Best Price Guarantee
Price from $1,500
Length 127 Pages
Publisher Triton Market Research
Published Date June, 2023
SKU TRTN18039344

Asia-pacific Floating Power Plant Market 2023-2028



MARKET OUTLOOK

Triton’s research report on the Asia-Pacific floating power plant market states that the market is set to observe growth at a CAGR of 11.41% during the forecasted years of 2023-2028. The region’s report assesses Australia & New Zealand, India, China, Japan, South Korea, ASEAN countries, and the Rest of Asia-Pacific.

The demand for the floating power plant in South Korea is fueled by its potential for offshore wind power. The government has implemented laws and plans to boost renewable energy competitiveness and develop offshore wind supply chain expertise. For instance, the government has set ambitious goals to increase renewable energy use, particularly offshore wind, in order to raise the share of renewable power to 20% by 2030 and 30-35% by 2040. This focus on expanding offshore wind energy capacity drives the market for floating power plants.

Furthermore, Japan’s market experiences strong growth due to its favorable conditions for offshore wind installations. With offshore wind turbines generating five times more electricity than their onshore counterparts, Japan benefits from ample favorable locations for harnessing this renewable energy source. Anticipating land constraints for onshore wind farms, the government is actively promoting offshore projects. Supportive laws and measures to reduce operator risks contribute to a thriving market. Besides, the nation’s ambitious goal of achieving net-zero emissions by 2050 further propels the development of offshore wind capacity, positioning the floating power plant market for significant growth.

COMPETITIVE OUTLOOK

The notable players in the floating power plant market comprise Floating Power Plant A/S, Caterpillar Inc, Siemens AG, SeaTwirl AB, and Upsolar Group Co Ltd.


1. Asia-pacific Floating Power Plant Market - Summary
2. Industry Outlook
2.1. Assessment Of Ship-based Floating Power Plants
2.1.1. Developments Related To Ship-based Floating Power Plants
2.2. Impact Analysis On The Floating Power Plant Market
2.2.1. Covid-19 Impact
2.3. Porter’s Five Forces Analysis
2.3.1. Threat Of New Entrants
2.3.2. Threat Of Substitutes
2.3.3. Bargaining Power Of Buyers
2.3.4. Bargaining Power Of Suppliers
2.3.5. Threat Of Competitive Rivalry
2.4. Market Maturity Analysis
2.5. Industry Components
2.5.1. Raw Materials & Component Suppliers
2.5.2. Oems
2.5.3. Epc Companies & Developers
2.6. Regulatory Framework
2.7. Key Market Strategies
2.7.1. Collaborations
2.7.2. Product Launches
2.7.3. Mergers & Acquisitions
2.7.4. Business Divestitures & Expansions
2.8. Market Drivers
2.8.1. Rising Popularity Of Offshore Wind Projects
2.8.2. Growing Clean Energy Projects
2.9. Market Challenges
2.9.1. Technical Challenges Involved In Floating Power Plants
2.9.2. High Cost Of Projects
2.10. Market Opportunities
2.10.1. Rising Popularity Of Ic Engine-based Floating Power Plants
2.10.2. Rise In The Installation Of New Power Plants
2.11. Analyst Perspective
3. Asia-pacific Floating Power Plant Market – By Capacity
3.1. 0mw- 5mw
3.2. 5.1 Mw- 20 Mw
3.3. 20 Mw- 100 Mw
3.4. 100.1 Mw- 250 Mw
3.5. Above 250 Mw
4. Asia-pacific Floating Power Plant Market – By Source
4.1. Non-renewable Power Source
4.2. Renewable Power Source
5. Asia-pacific Floating Power Plant Market – By Country Outlook
5.1. China
5.1.1. China Floating Power Plant Market Forecast & Prospects
5.2. Japan
5.2.1. Japan Floating Power Plant Market Forecast & Prospects
5.3. India
5.3.1. India Floating Power Plant Market Forecast & Prospects
5.4. South Korea
5.4.1. South Korea Floating Power Plant Market Forecast & Prospects
5.5. Asean Countries
5.5.1. Asean Countries Floating Power Plant Market Forecast & Prospects
5.6. Australia & New Zealand
5.6.1. Australia & New Zealand Floating Power Plant Market Forecast & Prospects
5.7. Rest Of Asia-pacific
5.7.1. Rest Of Asia-pacific Floating Power Plant Market Forecast & Prospects
6. Competitive Landscape
6.1. Seatwirl Ab
6.1.1. Overview
6.1.2. Product Portfolio
6.1.3. Key Strengths
6.1.4. Key Challenges
6.2. Floating Power Plant As
6.2.1. Overview
6.2.2. Product Portfolio
6.2.3. Key Strengths
6.2.4. Key Challenges
6.3. Upsolar Group Co Ltd
6.3.1. Overview
6.3.2. Product Portfolio
6.3.3. Key Strengths
6.3.4. Key Challenges
6.4. Caterpillar Inc
6.4.1. Overview
6.4.2. Product Portfolio
6.4.3. Key Strengths
6.4.4. Key Challenges
6.5. Kyocera Corporation
6.5.1. Overview
6.5.2. Product Portfolio
6.5.3. Key Strengths
6.5.4. Key Challenges
6.6. Mitsubishi Corporation
6.6.1. Overview
6.6.2. Product Portfolio
6.6.3. Key Strengths
6.6.4. Key Challenges
6.7. Vikram Solar Limited
6.7.1. Overview
6.7.2. Product Portfolio
6.7.3. Key Strengths
6.7.4. Key Challenges
6.8. Wartsila Corporation
6.8.1. Overview
6.8.2. Product Portfolio
6.9. Siemens Ag
6.9.1. Overview
6.9.2. Product Portfolio
6.9.3. Key Strengths
6.9.4. Key Challenges
6.10. Man Energy Solutions Se
6.10.1. Overview
6.10.2. Product Portfolio
7. Research Methodology & Scope
7.1. Research Scope & Deliverables
7.2. Sources Of Data
7.3. Research Methodology
Table List
Table 1: Asia-pacific Floating Power Plant Market, By Country Outlook, 2023-2028 (In $ Million)
Table 2: Regulatory Framework
Table 3: List Of Collaborations
Table 4: List Of Product Launches
Table 5: List Of Mergers & Acquisitions
Table 6: List Of Business Divestitures & Expansions
Table 7: Asia-pacific Floating Power Plant Market, By Capacity, 2023-2028 (In $ Million)
Table 8: Asia-pacific Floating Power Plant Market, By Source, 2023-2028 (In $ Million)
Table 9: Asia-pacific Floating Power Plant Market, By Country Outlook, 2023-2028 (In $ Million)
Figure List
Figure 1: Industry Components
Figure 2: Asia-pacific Floating Power Plant Market, By Capacity, 2022 & 2028 (In %)
Figure 3: Asia-pacific Floating Power Plant Market, By 0 Mw- 5 Mw, 2023-2028 (In $ Million)
Figure 4: Asia-pacific Floating Power Plant Market, By 5.1 Mw- 20 Mw, 2023-2028 (In $ Million)
Figure 5: Asia-pacific Floating Power Plant Market, By 20 Mw- 100 Mw, 2023-2028 (In $ Million)
Figure 6: Asia-pacific Floating Power Plant Market, By 100.1 Mw- 250 Mw, 2023-2028 (In $ Million)
Figure 7: Asia-pacific Floating Power Plant Market, By Above 250 Mw, 2023-2028 (In $ Million)
Figure 8: Asia-pacific Floating Power Plant Market, By Source, 2022 & 2028 (In %)
Figure 9: Asia-pacific Floating Power Plant Market, By Non-renewable Power Source, 2023-2028 (In $ Million)
Figure 10: Asia-pacific Floating Power Plant Market, By Renewable Power Source, 2023-2028 (In $ Million)
Figure 11: China Floating Power Plant Market 2023-2028 (In $ Million)
Figure 12: Japan Floating Power Plant Market 2023-2028 (In $ Million)
Figure 13: India Floating Power Plant Market 2023-2028 (In $ Million)
Figure 14: South Korea Floating Power Plant Market 2023-2028 (In $ Million)
Figure 15: Asean Countries Floating Power Plant Market 2023-2028 (In $ Million)
Figure 16: Australia & New Zealand Floating Power Plant Market 2023-2028 (In $ Million)
Figure 17: Rest Of Asia-pacific Floating Power Plant Market 2023-2028 (In $ Million)

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