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North America Floating Power Plant Market 2023-2028

Best Price Guarantee Length Publisher Published Date SKU
from $1,500 111 Pages Triton Market Research July, 2023 TRTN18039369
Best Price Guarantee
Price from $1,500
Length 111 Pages
Publisher Triton Market Research
Published Date July, 2023
SKU TRTN18039369

North America Floating Power Plant Market 2023-2028



MARKET OUTLOOK

Triton Market Research’s report represents that the floating power plants market in North America is envisioned to garner a compound annual growth rate of 11.22% over the forecasted years from 2023 to 2030. Canada and the United States are examined in the region.

Canada’s large geographical location and abundance of water bodies have increased the potential of floating power plants. However, the technology hasn’t grown in recent years owing to higher cost than onshore solar plants, limited sunlight at northern latitudes, and concerns over ice coverage over reservoirs. This may negatively impact the expansion of floating plants. Nevertheless, the rising investments in renewables might generate opportunities for the studied market.

On the other hand, the US has established around 45,000 MW of offshore wind procurement targets. Several new projects are underway, which are expected to create opportunities for players in the country. Further, developers and state bodies are investing heavily in port infrastructure to accommodate the need for large-scale floating wind projects. Such initiatives thus create ample opportunities for the floating power plant market’s expansion.

COMPETITIVE OUTLOOK

The major companies listed in the floating power plant market consist of SeaTwirl AB, Upsolar Group Co Ltd, Kyocera Corporation, and Mitsubishi Corporation.


1. North America 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. North America 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. North America Floating Power Plant Market – By Source
4.1. Non-renewable Power Source
4.2. Renewable Power Source
5. North America Floating Power Plant Market – By Country Outlook
5.1. United States
5.1.1. United States Floating Power Plant Market Forecast & Prospects
5.2. Canada
5.2.1. Canada 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
6.8.3. Key Strengths
6.8.4. Key Challenges
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: North America 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: North America Floating Power Plant Market, By Capacity, 2023-2028 (In $ Million)
Table 8: North America Floating Power Plant Market, By Source, 2023-2028 (In $ Million)
Table 9: North America Floating Power Plant Market, By Country Outlook, 2023-2028 (In $ Million)
Figure List
Figure 1: Industry Components
Figure 2: North America Floating Power Plant Market, By Capacity, 2022 & 2028 (In %)
Figure 3: North America Floating Power Plant Market, By 0 Mw- 5 Mw, 2023-2028 (In $ Million)
Figure 4: North America Floating Power Plant Market, By 5.1 Mw- 20 Mw, 2023-2028 (In $ Million)
Figure 5: North America Floating Power Plant Market, By 20 Mw- 100 Mw, 2023-2028 (In $ Million)
Figure 6: North America Floating Power Plant Market, By 100.1 Mw- 250 Mw, 2023-2028 (In $ Million)
Figure 7: North America Floating Power Plant Market, By Above 250 Mw, 2023-2028 (In $ Million)
Figure 8: North America Floating Power Plant Market, By Source, 2022 & 2028 (In %)
Figure 9: North America Floating Power Plant Market, By Non-renewable Power Source, 2023-2028 (In $ Million)
Figure 10: North America Floating Power Plant Market, By Renewable Power Source, 2023-2028 (In $ Million)
Figure 11: United States Floating Power Plant Market 2023-2028 (In $ Million)
Figure 12: Canada Floating Power Plant Market 2023-2028 (In $ Million)

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