Global Floating Power Plant Market 2023-2028

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,750	193 Pages	Triton Market Research	July, 2023	TRTN18039354

Best Price Guarantee
Price	from $2,750
Length	193 Pages
Publisher	Triton Market Research
Published Date	July, 2023
SKU	TRTN18039354

Global Floating Power Plant Market 2023-2028

MARKET OUTLOOK

Based on Triton’s research report, the global market for floating power plant is projected to witness a growth trend at a CAGR of 10.74% during the forecasting period 2023-2028.

The floating power plant market is experiencing accelerated growth due to factors such as the rising popularity of offshore wind projects and the increasing number of clean energy initiatives, propelling sustainable energy solutions. Additionally, the market is witnessing opportunities driven by the rising popularity of IC engine-based floating power plants, which offer convenience and versatility in utilizing various fuels. The rise in the installation of new power plants, particularly offshore wind projects in Europe, highlights the growing demand for renewable energy sources. Estimates indicate that floating power plants will play a significant role in future power generation, with massive developments expected in the offshore wind power sector.

While the floating power plant market experiences significant growth, certain factors, such as the high upfront costs of installation, limited technological maturity, and potential environmental concerns related to marine ecosystems, are acting as barriers, negatively impacting its overall growth.

REGIONAL OUTLOOK

The global floating power plant market covers Asia-Pacific, Latin America, North America, Europe and the Middle East and Africa regions.

The Asia-Pacific market is expected to experience the fastest growth over the forecast period. The region’s increasing demand for clean and renewable energy sources is driving the adoption of floating power plants as a sustainable solution. The abundance of coastal areas and offshore locations provides ample opportunities for the installation of such plants. Lastly, technological advancements and decreasing costs of floating power plant installations make them increasingly attractive to investors and developers in the Asia-Pacific region.

COMPETITIVE OUTLOOK

The well-known companies thriving in the floating power plant market are SeaTwirl AB, Floating Power Plant AS, Upsolar Group Co Ltd, Caterpillar Inc, Kyocera Corporation, Mitsubishi Corporation, Vikram Solar Limited, Wartsila Corporation, Siemens AG, and MAN Energy Solutions SE.

Upsolar Global Co Ltd, established in 2006 and based in Hong Kong, is a leading company specializing in developing, manufacturing, and commercializing solar photovoltaic (PV) modules. Its products cater to a wide range of industries, including residential, commercial, and utility, in China and globally. Additionally, its subsidiary company, Upsolar System Italia SRL, offers floating solar PV services in Europe. With a presence in Europe, Latin America, and North America, Upsolar operates across multiple continents, positioning itself as a significant player in the international solar energy industry.

1. Global 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. Global 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. Global Floating Power Plant Market – By Source: 4.1. Non-renewable Power Source; 4.2. Renewable Power Source
5. Global Floating Power Plant Market – By Regional Outlook: 5.1. North America; 5.1.1. Market By Capacity; 5.1.2. Market By Source; 5.1.3. Country Analysis; 5.1.3.1. United States; 5.1.3.1.1. United States Floating Power Plant Market Forecast & Prospects; 5.1.3.2. Canada; 5.1.3.2.1. Canada Floating Power Plant Market Forecast & Prospects; 5.2. Europe; 5.2.1. Market By Capacity; 5.2.2. Market By Source; 5.2.3. Country Analysis; 5.2.3.1. United Kingdom; 5.2.3.1.1. United Kingdom Floating Power Plant Market Forecast & Prospects; 5.2.3.2. Germany; 5.2.3.2.1. Germany Floating Power Plant Market Forecast & Prospects; 5.2.3.3. France; 5.2.3.3.1. France Floating Power Plant Market Forecast & Prospects; 5.2.3.4. Spain; 5.2.3.4.1. Spain Floating Power Plant Market Forecast & Prospects; 5.2.3.5. Italy; 5.2.3.5.1. Italy Floating Power Plant Market Forecast & Prospects; 5.2.3.6. Rest Of Europe; 5.2.3.6.1. Rest Of Europe Floating Power Plant Market Forecast & Prospects; 5.3. Asia-pacific; 5.3.1. Market By Capacity; 5.3.2. Market By Source; 5.3.3. Country Analysis; 5.3.3.1. China; 5.3.3.1.1. China Floating Power Plant Market Forecast & Prospects; 5.3.3.2. Japan; 5.3.3.2.1. Japan Floating Power Plant Market Forecast & Prospects; 5.3.3.3. India; 5.3.3.3.1. India Floating Power Plant Market Forecast & Prospects; 5.3.3.4. South Korea; 5.3.3.4.1. South Korea Floating Power Plant Market Forecast & Prospects; 5.3.3.5. Asean Countries; 5.3.3.5.1. Asean Countries Floating Power Plant Market Forecast & Prospects; 5.3.3.6. Australia & New Zealand; 5.3.3.6.1. Australia & New Zealand Floating Power Plant Market Forecast & Prospects; 5.3.3.7. Rest Of Asia-pacific; 5.3.3.7.1. Rest Of Asia-pacific Floating Power Plant Market Forecast & Prospects; 5.4. Latin America; 5.4.1. Market By Capacity; 5.4.2. Market By Source; 5.4.3. Country Analysis; 5.4.3.1. Brazil; 5.4.3.1.1. Brazil Floating Power Plant Market Forecast & Prospects; 5.4.3.2. Chile; 5.4.3.2.1. Chile Floating Power Plant Market Forecast & Prospects; 5.4.3.3. Rest Of Latin America; 5.4.3.3.1. Rest Of Latin America Floating Power Plant Market Forecast & Prospects; 5.5. Middle East And Africa; 5.5.1. Market By Capacity; 5.5.2. Market By Source; 5.5.3. Country Analysis; 5.5.3.1. United Arab Emirates; 5.5.3.1.1. United Arab Emirates Floating Power Plant Market Forecast & Prospects; 5.5.3.2. Saudi Arabia; 5.5.3.2.1. Saudi Arabia Floating Power Plant Market Forecast & Prospects; 5.5.3.3. Turkey; 5.5.3.3.1. Turkey Floating Power Plant Market Forecast & Prospects; 5.5.3.4. South Africa; 5.5.3.4.1. South Africa Floating Power Plant Market Forecast & Prospects; 5.5.3.5. Rest Of Middle East And Africa; 5.5.3.5.1. Rest Of Middle East And Africa 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: Global Floating Power Plant Market, By Regional 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: Global Floating Power Plant Market, By Capacity, 2023-2028 (In $ Million); Table 8: Global Floating Power Plant Market, By Source, 2023-2028 (In $ Million); Table 9: Global Floating Power Plant Market, By Regional Outlook, 2023-2028 (In $ Million); Table 10: North America Floating Power Plant Market, By Country Outlook, 2023-2028 (In $ Million); Table 11: North America Floating Power Plant Market, By Capacity, 2023-2028 (In $ Million); Table 12: North America Floating Power Plant Market, By Source, 2023-2028 (In $ Million); Table 13: Europe Floating Power Plant Market, By Country Outlook, 2023-2028 (In $ Million); Table 14: Europe Floating Power Plant Market, By Capacity, 2023-2028 (In $ Million); Table 15: Europe Floating Power Plant Market, By Source, 2023-2028 (In $ Million); Table 16: Asia-pacific Floating Power Plant Market, By Country Outlook, 2023-2028 (In $ Million); Table 17: Asia-pacific Floating Power Plant Market, By Capacity, 2023-2028 (In $ Million); Table 18: Asia-pacific Floating Power Plant Market, By Source, 2023-2028 (In $ Million); Table 19: Latin America Floating Power Plant Market, By Country Outlook, 2023-2028 (In $ Million); Table 20: Latin America Floating Power Plant Market, By Capacity, 2023-2028 (In $ Million); Table 21: Latin America Floating Power Plant Market, By Source, 2023-2028 (In $ Million); Table 22: Middle East And Africa Floating Power Plant Market, By Country Outlook, 2023-2028 (In $ Million); Table 23: Middle East And Africa Floating Power Plant Market, By Capacity, 2023-2028 (In $ Million); Table 24: Middle East And Africa Floating Power Plant Market, By Source, 2023-2028 (In $ Million)
Figure List: Figure 1: Market Maturity Analysis; Figure 2: Industry Components; Figure 3: Global Floating Power Plant Market, By Capacity, 2022 & 2028 (In %); Figure 4: Global Floating Power Plant Market, By 0 Mw- 5 Mw, 2023-2028 (In $ Million); Figure 5: Global Floating Power Plant Market, By 5.1 Mw- 20 Mw, 2023-2028 (In $ Million); Figure 6: Global Floating Power Plant Market, By 20 Mw- 100 Mw, 2023-2028 (In $ Million); Figure 7: Global Floating Power Plant Market, By 100.1 Mw- 250 Mw, 2023-2028 (In $ Million); Figure 8: Global Floating Power Plant Market, By Above 250 Mw, 2023-2028 (In $ Million); Figure 9: Global Floating Power Plant Market, By Source, 2022 & 2028 (In %); Figure 10: Global Floating Power Plant Market, By Non-renewable Power Source, 2023-2028 (In $ Million); Figure 11: Global Floating Power Plant Market, By Renewable Power Source, 2023-2028 (In $ Million); Figure 12: Global Floating Power Plant Market, By Regional Outlook, 2022 & 2028 (In %); Figure 13: United States Floating Power Plant Market 2023-2028 (In $ Million); Figure 14: Canada Floating Power Plant Market 2023-2028 (In $ Million); Figure 15: United Kingdom Floating Power Plant Market 2023-2028 (In $ Million); Figure 16: Germany Floating Power Plant Market 2023-2028 (In $ Million); Figure 17: France Floating Power Plant Market 2023-2028 (In $ Million); Figure 18: Spain Floating Power Plant Market 2023-2028 (In $ Million); Figure 19: Italy Floating Power Plant Market 2023-2028 (In $ Million); Figure 20: Rest Of Europe Floating Power Plant Market 2023-2028 (In $ Million); Figure 21: China Floating Power Plant Market 2023-2028 (In $ Million); Figure 22: Japan Floating Power Plant Market 2023-2028 (In $ Million); Figure 23: India Floating Power Plant Market 2023-2028 (In $ Million); Figure 24: South Korea Floating Power Plant Market 2023-2028 (In $ Million); Figure 25: Asean Countries Floating Power Plant Market 2023-2028 (In $ Million); Figure 26: Australia & New Zealand Floating Power Plant Market 2023-2028 (In $ Million); Figure 27: Rest Of Asia-pacific Floating Power Plant Market 2023-2028 (In $ Million); Figure 28: Brazil Floating Power Plant Market 2023-2028 (In $ Million); Figure 29: Chile Floating Power Plant Market 2023-2028 (In $ Million); Figure 30: Rest Of Latin America Floating Power Plant Market 2023-2028 (In $ Million); Figure 31: United Arab Emirates Floating Power Plant Market 2023-2028 (In $ Million); Figure 32: Saudi Arabia Floating Power Plant Market 2023-2028 (In $ Million); Figure 33: Turkey Floating Power Plant Market 2023-2028 (In $ Million); Figure 34: South Africa Floating Power Plant Market 2023-2028 (In $ Million); Figure 35: Rest Of Middle East And Africa Floating Power Plant Market 2023-2028 (In $ Million)