According to the new market research report "Floating Power Plant Market by Power Source
(Non-Renewable (Gas Turbines, IC Engines), Renewable (Solar Panels, Solar
Floating Structure, Wind Turbines, Wind Substructure)), Capacity, and Region -
Global Forecast to 2022", the global 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).
Don’t miss out on business opportunities in Floating Power Plant Market. Speak to our analyst and
gain crucial industry insights that will help your business grow:
The developments in the renewable sector, in relation
with the developments of floating renewable power plants, such as the floating
solar and floating wind, provides lucrative market opportunities to the OEM’s. Countries
such as France, which was not so prominent in the offshore wind industry, is
keen in developing its offshore wind, owing to the developments in the floating
offshore wind sector. After the Fukushima Daiichi Nuclear Power Plant accident
in Japan in 2011, the country is focusing on floating power plants for power
generation. This further drives the
non-renewable power source segment. Countries such as China and Russia are
constructing nuclear floating power plants. The products provided by companies,
such as Floating Power Plant A/S (Denmark), generates energy incorporating the
energy produced from wind and tidal sources that provides lucrative
opportunities to the OEMs.
Browse and in-depth TOC on “Floating Power Plant Market”
76 - Tables
39 - Figures
167 - Pages
View more detailed
TOC @
The floating power plant market is segmented by power
sources, capacity, and region. 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). However,
the non-renewable segment is expected to dominate the floating power plant till
2022. This growth is majorly driven by the lack of power infrastructure coupled
with the upsurge in energy demand.
The renewable power source segment is further segmented
into the floating solar and wind market, on the basis of energy sources. The
floating solar market is expected to grow at a faster rate due to the benefits
over the land based solar installation, as it minimizes the evaporation rates,
and further reduces the cost required for cooling solution. Further the
floating offshore wind minimizes the problems faced by the offshore wind
industry, at water depths greater than 60 meters, and, thus accounted for a
higher market share in 2016.
Download PDF
Brochure @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=244648750
The 20.1 MW to 100 MW capacity segment is estimated to be
the fastest growing segment, owing to the increase in projects for floating
solar and wind. The capacity segment above 250 MW is projected to dominate the floating power plant market till 2022. The
market share for the above 250 MW segment is maximum, as the floating power
plants which generate this amount of capacity fall under the non-renewable
segment, thus accounting for a major share of the market in the capacity
segment.
Request Sample Report
Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=244648750
The European region is expected to be the fastest growing
segment of the floating power plant industry, as the European region has the
highest offshore wind potential and the countries in the region are focusing on
energy generation from renewable sources.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on
30,000 high growth niche opportunities/threats which will impact 70% to 80% of
worldwide companies’ revenues. Currently servicing 7500 customers worldwide
including 80% of global Fortune 1000 companies as clients. Almost 75,000 top
officers across eight industries worldwide approach MarketsandMarkets™ for
their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™
are tracking global high growth markets following the "Growth Engagement
Model – GEM". The GEM aims at proactive collaboration with the clients to
identify new opportunities, identify most important customers, write
"Attack, avoid and defend" strategies, identify sources of
incremental revenues for both the company and its competitors.
MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top
players across leaders, emerging companies, innovators, strategic players)
annually in high growth emerging segments. MarketsandMarkets™ is determined to
benefit more than 10,000 companies this year for their revenue planning and
help them take their innovations/disruptions early to the market by providing
them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and
market research platform, "Knowledgestore" connects over 200,000
markets and entire value chains for deeper understanding of the unmet insights
along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
