Energy & Green Renewable Technology Market News

Report explores the floating power plant

Energy Market Research

The report segments the floating power plant market, on the basis of power sources, into, renewable and non-renewable. The renewable power source segment has been segmented, on the basis of energy sources, into solar and wind.

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“The global floating power plant market is projected to grow at a CAGR of 10.11%, from 2017 to 2022”

The floating power plant market is expected to grow from an estimated USD 889.6 million in 2017 to USD 1,440.1 million by 2022, at a CAGR of 10.11%, from 2017 to 2022. The factors driving the market include increasing demand for power, coupled with the lack of power infrastructure, benefits over land based power plants (majorly as it eliminates the land acquisition related problems), and energy efficiency mandates and demand for clean energy (renewable energy source).

High capital cost associated with transportation, logistics, and accessibility issues is a key restraint for the growth of the floating power plant market.

“Renewable: The fastest growing segment of the floating power plant market, by power source”

The renewable power source segment is estimated to be the fastest growing segment, due to the increasing demand for energy efficiency mandates and demand for clean energy (renewable energy source), combined with the problems related to land acquisition in relation with the construction of power plants.

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Further, the floating offshore wind minimizes the problems faced by the offshore wind industry, at water depths greater than 60 meters, and is expected to drive the renewable power source segment during the forecast period.


Floating Power Plant Market, By Power Source

Renewable Power Source
Renewable, By Energy Source
Solar, By Key Components
Solar Panel
Floating Structure
Wind, By Key Components
Wind Turbines
Wind Sub-Structure
Non-Renewable Power Source
By Key Components
Gas Turbines
IC Engines

Fundamentals of Table of Content:

10 Company Profiles

10.1 Ciel & Terre International
10.1.1 Overview
10.1.2 Product Offering Scorecard
10.1.3 Product Offering Scorecard
10.1.4 Products Offered
10.1.5 Recent Developments

10.2 Vikram Solar Pvt., Ltd.
10.2.1 Overview
10.2.2 Product Offering Scorecard
10.2.3 Business Strategy Scorecard
10.2.4 Products/Services Offered
10.2.5 Recent Developments

10.3 Principle Power, Inc.
10.3.1 Overview
10.3.2 Product Offering Scorecard
10.3.3 Business Strategy Scorecard
10.3.4 Products Offered
10.3.5 Recent Developments

10.4 General Electric Company
10.4.1 Overview
10.4.2 Product Offering Scorecard
10.4.3 Business Strategy Scorecard
10.4.4 Products Offered
10.4.5 Recent Developments

10.5 Siemens AG
10.5.1 Overview
10.5.2 Product Offering Scorecard
10.5.3 Business Strategy Scorecard
10.5.4 Products Offered
10.5.5 Recent Developments 


 *Details on Overview, Strength of Product Portfolio, Business Strategy Excellence and Recent Developments Might Not Be Captured in Case of Unlisted Companies.

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