Floating Power Plant Market By Source (Renewable Power Source Vs Non-Renewable Power Source), By Capacity (0 MW- 5 MW, 5.1 MW-20 MW, 20.2 MW-100 MW, 100.1 MW-250 MW & Above 250.1 MW), Competition Forecast & Opportunities, 2017 – 2027

Global floating power plant market is projected to grow at a CAGR of over 9%, in value terms, during 2023-2027

Global floating power plant market is segmented based on source, capacity and region. Regionally, APAC is anticipated to remain a strong contributor to the floating power plant market in the forecast period. Europe is expected to register faster CAGR than any other region, backed by largest offshore wind projects and its contribution to sustain renewable energy source.

Some of the major players operating in the global floating power plant include MAN Diesel & Turbo, Karadeniz Holding A.Ş, Vikram Solar Pvt. Ltd., Ciel & Terre International, Waller Marine, Inc., Power Barge Corporation, Floating Power Plant A/S, Principle Power, Inc., Wartsilä, Kyocera TCL Solar and ROSATOM State Atomic Energy Corporation etc.

Objective of the Study

• To analyse and forecast market size of the global Floating Power Plant market, in terms of values.
• To define, classify and forecast the global floating power plant on the basis of source, capacity & region.
• To scrutinize the detailed market segmentation and forecast the market size, in terms of value, on the basis of region by segmenting global floating power plant into five regions, namely, North America, South America, Europe, Asia Pacific and MEA.
• To identify tailwinds and headwinds for the global floating power plant market.
• To examine competitive developments such as expansions, new servie solution, contracts and mergers & acquisitions in the global floating power plant market.
• To evaluate competitor and trends in the global floating power plant market.
• To strategically profile the leading players, which are involved in floating power plant market globally.

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Market insights research performed primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of floating power plant solution providers globally. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research was able to include producers that could not be identified due to the limitations of secondary research. Market insights research analysed source, capacity & regional presence of all major floating power plant system providers across the globe.

Market insights research calculated the market size for the global floating power plant using a bottom-up approach, where providers’ value data for source of (renewable power source vs non-renewable power source), floating power plant was recorded as well as forecast for the future years was made. Market insights research sourced these values from industry experts and company representatives, and externally validated through

Key Target Audience

• Global floating power plant system providers
• Research organizations and consulting companies
• Organizations, associations and alliances related to floating power plant
• Government bodies such as regulating authorities and policy makers.
• Industry associations
• Wind farm owners, operators, and developers

The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as providers, vendors and policy makers,