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GLOBAL FLOATING POWER PLANT MARKET FORECAST 2023-2028

In terms of revenue, the global floating power plant market was valued at $10536.96 million in 2022, and is expected to reach $19922.83 million by 2028, growing at a 10.74% CAGR during the forecast period, 2023-2028.

GLOBAL FLOATING POWER PLANT MARKET FORECAST 2023-2028

Global Floating Power Plant Market by Source (Renewable Power Source, Non-renewable Power Source) Market by Capacity (0 MW – 5 MW, 5.1 MW – 20 MW, 20.1 MW – 100 MW, 100.1 MW – 250 MW, Above 250 MW) by Geography

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Report Summary

In terms of revenue, the global floating power plant market was valued at $10536.96 million in 2022, and is expected to reach $19922.83 million by 2028, growing at a 10.74% CAGR during the forecast period, 2023-2028.

Floating power plants are power generation facilities located on platforms within bodies of water, serving as primary and backup power sources for specific sites. These plants harness energy from both renewable (solar, wind, etc.) and non-renewable (diesel, liquefied natural gas, thermal, nuclear) resources. Their inherent mobility makes them ideal for addressing temporary power shortages.

These versatile power plant ships can provide electricity until local infrastructure is established or supplement power during large-scale construction projects. As a result, developing countries aiming to enhance their electrical networks for economic growth find these technologies attractive. Furthermore, due to their self-propulsion or tow ability, floating power plants can quickly alleviate power disruptions caused by natural disasters, such as earthquakes or floods.

Floating Power Plant Market

Read our latest blog on the Floating Power Plant Market

Key growth enablers of the global floating power plant market are:

  • Surging demand for clean energy
    • The rapid increase in carbon dioxide emission from fossil fuels has encouraged the government to increasingly adopt clean energy from renewable energy sources such as solar, wind, etc.
    • Moreover, installing solar panels on water bodies such as oceans saves the over-exploitation of the land area. Also, the increasing power demand is fueling the capacity of renewable energy resulting in the high adoption of floating power plants.
  • Government investments in the energy industry

Key growth restraining factors are:

  • High project costs
    • Offshore wind farms have high installation costs than onshore wind farms. The rising costs are due to the need to set up and maintain wind turbines in the challenging marine environment.
    • As a result, planning and project development expenses are higher, and lead times are longer. While greater sea depths necessitate more expensive foundations, logistical costs are also increased depending on the distance of the plant from the port.
  • Technical challenges involved in floating power plants

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Global Floating Power Plant Market | Top Trends

  • Internal Combustion (IC) engine-based floating power plants are emerging as a popular trend in the industry. IC engines, a non-renewable power generation method, utilize the expansion of hot gases to drive a piston within a cylinder. The piston’s linear motion is converted into rotational action via a crankshaft, generating power.
  • The installation of new power plants has increased, with 17.4 GW of wind energy capacity added globally in 2021, 14 GW onshore and 3.4 GW offshore. The United Kingdom led offshore wind installationss with approximately 2.3 GW, while Germany’s growing offshore capacity reached 5.4 GW.

Market Segmentation – Source and Capacity –

Market by Source:

  • Renewable Power Source
  • Non- Renewable Power Source
  • In 2022, the majority of the market share was captured by the non-renewable power source market by source. The non-renewable power source segment comprises the market for power generated from thermal, natural gas, nuclear, and fossil fuel (petroleum, coal, etc.) sources. Gas turbines, IC engines, and others are mostly used for generating power using these sources.
  • Gas turbines enable high efficiency and better emission performance on various gaseous and liquid fuels. Owing to this, they have wide applications in offshore platforms for the oil and gas industry.

Market by Capacity:

  • 0 MW – 5 MW
  • 5.1 MW – 20 MW
  • 20.1 MW – 100 MW
    • In 2022, the majority of market share was captured by 20.1 MW – 100 MW in the market by capacity. In addition, it is anticipated to be the fastest-growing capacity in the market.
    • The 20.1 MW-100 MW capacity segment comprises gas turbines, IC engines, and others that generate energy between 20.1MW to 100MW from different sources such as natural gas, fossil fuel (non-renewable sources), solar, wind, and other (renewable sources). This capacity of floating power plants is mostly based on renewable energy sources, including solar and wind.
  • 100.1 MW – 250 MW
  • Above 250 MW

Geographical Study based on Four Major Regions:

  • North America: The United States and Canada
  • Europe: The United Kingdom, Germany, France, Italy, Spain, and Rest of Europe
  • Asia-Pacific: China, Japan, India, South Korea, Vietnam, Australia & New Zealand, and Rest of Asia-Pacific
    • Asia-Pacific is anticipated to be the most dynamic regional market, with a share of 40.27% in 2022. The Asia-Pacific region is the largest electricity consumer, owing to the increasing population in countries such as China and India.
    • The Asia-Pacific area already dominates the rapidly expanding market for floating solar PV (FPV), and it appears that it will continue to do so as more countries join in and prices come down.
    • In addition to the Asia-Pacific floating power plant market leaders, Malaysia, Thailand, Indonesia, and Vietnam are among the growing markets to watch.
  • Rest of World: Latin America, the Middle East & Africa

The major players in the global floating power plant market are:

  • Mitsubishi Corporation
  • Siemens AG
  • General Electric
  • Seatwirl AB
  • Floating Power Plant A/S
  • Upsolar Group Co Ltd

Key strategies adopted by some of these companies:

In June 2022, Wartsila Corporation acquired PortLink Global, a global port solutions company headquartered in Vancouver, Canada.

In October 2022, MAN Energy Solutions signed an agreement with ABB to cooperate on Dual-Fuel Electric Propulsion Concept.

The first commercial operation of General Electric’s two 7HA.03 units, the world’s largest 60-Hz heavy-duty petrol turbines, at Florida Power & Light Company’s Dania Beach Clean Energy Plant were announced for June 2022.

Report Synopsis:

Report Scope Details
Market Forecast Years 2023-2028
Base Year 2022
Market Historical Years 2018-2022
Forecast Units Revenue ($ Million)
Segments Analyzed Source and Capacity
Geographies Analyzed North America, Europe, Asia-Pacific, and Rest of World
Companies Analyzed

SeaTwirl AB, Floating Power Plant A/S, Upsolar Group Co Ltd, Caterpillar Inc, Kyocera Corporation, Mitsubishi Corporation, Vikram Solar Limited, Ciel & Terre International, Siemens AG, Man Energy Solutions SE, BW Ideol, General Electric, Wärtsilä Corporation, Karpowership

Table of Contents

  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
    • SCOPE OF STUDY
    • CRISIS SCENARIO ANALYSIS
      • IMPACT OF COVID-19
    • MAJOR MARKET FINDINGS
      • GROWING NUMBER OF RENEWABLE ENERGY PROJECTS
      • RISE IN TREND FOR OFFSHORE WIND PROJECT
  1. MARKET DYNAMICS
    • KEY DRIVERS
      • SURGING DEMAND FOR CLEAN ENERGY
      • GOVERNMENT INVESTMENTS IN THE ENERGY INDUSTRY
    • KEY RESTRAINTS
      • HIGH PROJECT COSTS
      • TECHNICAL CHALLENGES INVOLVED IN FLOATING POWER PLANTS
  1. KEY ANALYTICS
    • ASSESSMENT OF SHIP-BASED FLOATING POWER PLANTS
      • DEVELOPMENTS RELATED TO SHIP-BASED FLOATING POWER PLANTS
    • KEY MARKET TRENDS
    • PORTER’S FIVE FORCES ANALYSIS
      • BUYERS POWER
      • SUPPLIERS POWER
      • SUBSTITUTION
      • NEW ENTRANTS
      • INDUSTRY RIVALRY
    • GROWTH PROSPECT MAPPING
    • MARKET MATURITY ANALYSIS
    • MARKET CONCENTRATION ANALYSIS
    • VALUE CHAIN ANALYSIS
      • RAW MATERIALS & COMPONENT SUPPLIERS
      • OEMS
      • EPC COMPANIES & DEVELOPERS
  1. MARKET BY SOURCE
    • RENEWABLE POWER SOURCE
      • MARKET FORECAST FIGURE
      • SEGMENT ANALYSIS
    • NON-RENEWABLE POWER SOURCE
      • MARKET FORECAST FIGURE
      • SEGMENT ANALYSIS
  1. MARKET BY CAPACITY
    • 0 MW – 5 MW
      • MARKET FORECAST FIGURE
      • SEGMENT ANALYSIS
    • 5.1 MW – 20 MW
      • MARKET FORECAST FIGURE
      • SEGMENT ANALYSIS
    • 20.1 MW – 100 MW
      • MARKET FORECAST FIGURE
      • SEGMENT ANALYSIS
    • 100.1 MW – 250 MW
      • MARKET FORECAST FIGURE
      • SEGMENT ANALYSIS
    • ABOVE 250 MW
      • MARKET FORECAST FIGURE
      • SEGMENT ANALYSIS
  1. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • MARKET SIZE & ESTIMATES
      • NORTH AMERICA FLOATING POWER PLANT MARKET DRIVERS
      • NORTH AMERICA FLOATING POWER PLANT MARKET CHALLENGES
      • NORTH AMERICA FLOATING POWER PLANT MARKET REGULATORY FRAMEWORK
      • KEY PLAYERS IN NORTH AMERICA FLOATING POWER PLANT MARKET
      • COUNTRY ANALYSIS
        • UNITED STATES
          • UNITED STATES FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
        • CANADA
          • CANADA FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
    • EUROPE
      • MARKET SIZE & ESTIMATES
      • EUROPE FLOATING POWER PLANT MARKET DRIVERS
      • EUROPE FLOATING POWER PLANT MARKET CHALLENGES
      • EUROPE FLOATING POWER PLANT MARKET REGULATORY FRAMEWORK
      • KEY PLAYERS IN EUROPE FLOATING POWER PLANT MARKET
      • COUNTRY ANALYSIS
        • UNITED KINGDOM
          • UNITED KINGDOM FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
        • GERMANY
          • GERMANY FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
        • FRANCE
          • FRANCE FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
        • SPAIN
          • SPAIN FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
        • ITALY
          • ITALY FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
        • REST OF EUROPE
          • REST OF EUROPE FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
    • ASIA-PACIFIC
      • MARKET SIZE & ESTIMATES
      • ASIA-PACIFIC FLOATING POWER PLANT MARKET DRIVERS
      • ASIA-PACIFIC FLOATING POWER PLANT MARKET CHALLENGES
      • ASIA-PACIFIC FLOATING POWER PLANT MARKET REGULATORY FRAMEWORK
      • KEY PLAYERS IN ASIA-PACIFIC FLOATING POWER PLANT MARKET
      • COUNTRY ANALYSIS
        • CHINA
          • CHINA FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
        • JAPAN
          • JAPAN FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
        • INDIA
          • INDIA FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
        • SOUTH KOREA
          • SOUTH KOREA FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
        • VIETNAM
          • VIETNAM FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
        • AUSTRALIA & NEW ZEALAND
          • AUSTRALIA & NEW ZEALAND FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
        • REST OF ASIA-PACIFIC
          • REST OF ASIA-PACIFIC FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
    • REST OF WORLD
      • MARKET SIZE & ESTIMATES
      • REST OF WORLD FLOATING POWER PLANT MARKET DRIVERS
      • REST OF WORLD FLOATING POWER PLANT MARKET CHALLENGES
      • REST OF WORLD FLOATING POWER PLANT MARKET REGULATORY FRAMEWORK
      • KEY PLAYERS IN REST OF WORLD FLOATING POWER PLANT MARKET
      • REGIONAL ANALYSIS
        • LATIN AMERICA
          • LATIN AMERICA FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
        • MIDDLE EAST & AFRICA
          • MIDDLE EAST & AFRICA FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
  1. COMPETITIVE LANDSCAPE
    • KEY STRATEGIC DEVELOPMENTS
      • MERGERS & ACQUISITIONS
      • PRODUCT LAUNCHES & DEVELOPMENTS
      • PARTNERSHIPS & AGREEMENTS
      • BUSINESS EXPANSIONS & DIVESTITURES
    • COMPANY PROFILES
      • BW IDEOL
        • COMPANY OVERVIEW
        • PRODUCTS LIST
      • CATERPILLAR INC
        • COMPANY OVERVIEW
        • PRODUCTS LIST
        • STRENGTHS & CHALLENGES
      • CIEL & TERRE INTERNATIONAL
        • COMPANY OVERVIEW
        • PRODUCTS LIST
        • STRENGTHS & CHALLENGES
      • FLOATING POWER PLANT A/S
        • COMPANY OVERVIEW
        • PRODUCTS LIST
        • STRENGTHS & CHALLENGES
      • GENERAL ELECTRIC
        • COMPANY OVERVIEW
        • PRODUCTS LIST
      • KARPOWERSHIP
        • COMPANY OVERVIEW
        • PRODUCTS LIST
      • KYOCERA CORPORATION
        • COMPANY OVERVIEW
        • PRODUCTS LIST
        • STRENGTHS & CHALLENGES
      • MAN ENERGY SOLUTIONS SE
        • COMPANY OVERVIEW
        • PRODUCTS LIST
      • MITSUBISHI CORPORATION
        • COMPANY OVERVIEW
        • PRODUCTS LIST
        • STRENGTHS & CHALLENGES
      • SEATWIRL AB
        • COMPANY OVERVIEW
        • PRODUCTS LIST
        • STRENGTHS & CHALLENGES
      • SIEMENS AG
        • COMPANY OVERVIEW
        • PRODUCTS LIST
        • STRENGTHS & CHALLENGES
      • UPSOLAR GROUP CO LTD
        • COMPANY OVERVIEW
        • PRODUCTS LIST
        • STRENGTHS & CHALLENGES
      • VIKRAM SOLAR LIMITED
        • COMPANY OVERVIEW
        • PRODUCTS LIST
        • STRENGTHS & CHALLENGES
      • WARTSILA CORPORATION
        • COMPANY OVERVIEW
        • PRODUCTS LIST

LIST OF TABLES  

TABLE 1: MARKET SNAPSHOT – FLOATING POWER PLANT

TABLE 2: GLOBAL FLOATING POWER PLANT MARKET, BY SOURCE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 3: GLOBAL FLOATING POWER PLANT MARKET, BY SOURCE, FORECAST YEARS, 2023-2028 (IN $ MILLION)

TABLE 4: GLOBAL RENEWABLE POWER SOURCE MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 5: GLOBAL RENEWABLE POWER SOURCE MARKET, BY REGION, FORECAST YEARS, 2023-2028 (IN $ MILLION)

TABLE 6: GLOBAL NON-RENEWABLE POWER SOURCE MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 7: GLOBAL NON-RENEWABLE POWER SOURCE MARKET, BY REGION, FORECAST YEARS, 2023-2028 (IN $ MILLION)

TABLE 8: GLOBAL FLOATING POWER PLANT MARKET, BY CAPACITY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 9: GLOBAL FLOATING POWER PLANT MARKET, BY CAPACITY, FORECAST YEARS, 2023-2028 (IN $ MILLION)

TABLE 10: GLOBAL 0 MW – 5 MW MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 11: GLOBAL 0 MW – 5 MW MARKET, BY REGION, FORECAST YEARS, 2023-2028 (IN $ MILLION)

TABLE 12: GLOBAL 5.1 MW – 20 MW MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 13: GLOBAL 5.1 MW – 20 MW MARKET, BY REGION, FORECAST YEARS, 2023-2028 (IN $ MILLION)

TABLE 14: GLOBAL 20.1 MW – 100 MW MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 15: GLOBAL 20.1 MW – 100 MW MARKET, BY REGION, FORECAST YEARS, 2023-2028 (IN $ MILLION)

TABLE 16: GLOBAL 100.1 MW – 250 MW MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 17: GLOBAL 100.1 MW – 250 MW MARKET, BY REGION, FORECAST YEARS, 2023-2028 (IN $ MILLION)

TABLE 18: GLOBAL ABOVE 250 MW MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 19: GLOBAL ABOVE 250 MW MARKET, BY REGION, FORECAST YEARS, 2023-2028 (IN $ MILLION)

TABLE 20: GLOBAL FLOATING POWER PLANT MARKET, BY GEOGRAPHY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 21: GLOBAL FLOATING POWER PLANT MARKET, BY GEOGRAPHY, FORECAST YEARS, 2023-2028 (IN $ MILLION)

TABLE 22: NORTH AMERICA FLOATING POWER PLANT MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 23: NORTH AMERICA FLOATING POWER PLANT MARKET, BY COUNTRY, FORECAST YEARS, 2023-2028 (IN $ MILLION)

TABLE 24: NORTH AMERICA FLOATING POWER PLANT MARKET REGULATORY FRAMEWORK

TABLE 25: KEY PLAYERS OPERATING IN NORTH AMERICA FLOATING POWER PLANT MARKET

TABLE 26: EUROPE FLOATING POWER PLANT MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 27: EUROPE FLOATING POWER PLANT MARKET, BY COUNTRY, FORECAST YEARS, 2023-2028 (IN $ MILLION)

TABLE 28: EUROPE FLOATING POWER PLANT MARKET REGULATORY FRAMEWORK

TABLE 29: KEY PLAYERS OPERATING IN EUROPE FLOATING POWER PLANT MARKET

TABLE 30: ASIA-PACIFIC FLOATING POWER PLANT MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 31: ASIA-PACIFIC FLOATING POWER PLANT MARKET, BY COUNTRY, FORECAST YEARS, 2023-2028 (IN $ MILLION)

TABLE 32: ASIA-PACIFIC FLOATING POWER PLANT MARKET REGULATORY FRAMEWORK

TABLE 33: KEY PLAYERS OPERATING IN ASIA-PACIFIC FLOATING POWER PLANT MARKET

TABLE 34: REST OF WORLD FLOATING POWER PLANT MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 35: REST OF WORLD FLOATING POWER PLANT MARKET, BY REGION, FORECAST YEARS, 2023-2028 (IN $ MILLION)

TABLE 36: REST OF WORLD FLOATING POWER PLANT MARKET REGULATORY FRAMEWORK

TABLE 37: KEY PLAYERS OPERATING IN REST OF WORLD FLOATING POWER PLANT MARKET

TABLE 38: LIST OF MERGERS & ACQUISITIONS

TABLE 39: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 40: LIST OF PARTNERSHIPS & AGREEMENTS

TABLE 41: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES 

FIGURE 1: KEY MARKET TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: GROWTH PROSPECT MAPPING FOR UNITED STATES

FIGURE 4: GROWTH PROSPECT MAPPING FOR GERMANY

FIGURE 5: GROWTH PROSPECT MAPPING FOR CHINA

FIGURE 6: GROWTH PROSPECT MAPPING FOR BRAZIL

FIGURE 7: MARKET MATURITY ANALYSIS

FIGURE 8: MARKET CONCENTRATION ANALYSIS

FIGURE 9: VALUE CHAIN ANALYSIS

FIGURE 10: GLOBAL FLOATING POWER PLANT MARKET, GROWTH POTENTIAL, BY SOURCE, IN 2022

FIGURE 11: GLOBAL FLOATING POWER PLANT MARKET, BY RENEWABLE POWER SOURCE, 2023-2028 (IN $ MILLION)

FIGURE 12: GLOBAL FLOATING POWER PLANT MARKET, BY NON-RENEWABLE POWER SOURCE, 2023-2028 (IN $ MILLION)

FIGURE 13: GLOBAL FLOATING POWER PLANT MARKET, GROWTH POTENTIAL, BY CAPACITY, IN 2022

FIGURE 14: GLOBAL FLOATING POWER PLANT MARKET, BY 0 MW – 5 MW, 2023-2028 (IN $ MILLION)

FIGURE 15: GLOBAL FLOATING POWER PLANT MARKET, BY 5.1 MW – 20 MW, 2023-2028 (IN $ MILLION)

FIGURE 16: GLOBAL FLOATING POWER PLANT MARKET, BY 20.1 MW – 100 MW, 2023-2028 (IN $ MILLION)

FIGURE 17: GLOBAL FLOATING POWER PLANT MARKET, BY 100.1 MW – 250 MW, 2023-2028 (IN $ MILLION)

FIGURE 18: GLOBAL FLOATING POWER PLANT MARKET, BY ABOVE 250 MW, 2023-2028 (IN $ MILLION)

FIGURE 19: GLOBAL FLOATING POWER PLANT MARKET, REGIONAL OUTLOOK, 2022 & 2028 (IN %)

FIGURE 20: NORTH AMERICA FLOATING POWER PLANT MARKET, COUNTRY OUTLOOK, 2022 & 2028 (IN %)

FIGURE 21: UNITED STATES FLOATING POWER PLANT MARKET, 2023-2028 (IN $ MILLION)

FIGURE 22: CANADA FLOATING POWER PLANT MARKET, 2023-2028 (IN $ MILLION)

FIGURE 23: EUROPE FLOATING POWER PLANT MARKET, COUNTRY OUTLOOK, 2022 & 2028 (IN %)

FIGURE 24: UNITED KINGDOM FLOATING POWER PLANT MARKET, 2023-2028 (IN $ MILLION)

FIGURE 25: GERMANY FLOATING POWER PLANT MARKET, 2023-2028 (IN $ MILLION)

FIGURE 26: FRANCE FLOATING POWER PLANT MARKET, 2023-2028 (IN $ MILLION)

FIGURE 27: FRANCE’S HYDROELECTRIC CAPACITY, BY REGION

FIGURE 28: SPAIN FLOATING POWER PLANT MARKET, 2023-2028 (IN $ MILLION)

FIGURE 29: ITALY FLOATING POWER PLANT MARKET, 2023-2028 (IN $ MILLION)

FIGURE 30: REST OF EUROPE FLOATING POWER PLANT MARKET, 2023-2028 (IN $ MILLION)

FIGURE 31: ASIA-PACIFIC FLOATING POWER PLANT MARKET, COUNTRY OUTLOOK, 2022 & 2028 (IN%)

FIGURE 32: CHINA FLOATING POWER PLANT MARKET, 2023-2028 (IN $ MILLION)

FIGURE 33: JAPAN FLOATING POWER PLANT MARKET, 2023-2028 (IN $ MILLION)

FIGURE 34: INDIA FLOATING POWER PLANT MARKET, 2023-2028 (IN $ MILLION)

FIGURE 35: SOUTH KOREA FLOATING POWER PLANT MARKET, 2023-2028 (IN $ MILLION)

FIGURE 36: VIETNAM FLOATING POWER PLANT MARKET, 2023-2028 (IN $ MILLION)

FIGURE 37: AUSTRALIA & NEW ZEALAND FLOATING POWER PLANT MARKET, 2023-2028 (IN $ MILLION)

FIGURE 38: REST OF ASIA-PACIFIC FLOATING POWER PLANT MARKET, 2023-2028 (IN $ MILLION)

FIGURE 39: REST OF WORLD FLOATING POWER PLANT MARKET, REGIONAL OUTLOOK, 2022 & 2028 (IN %)

FIGURE 40: LATIN AMERICA FLOATING POWER PLANT MARKET, 2023-2028 (IN $ MILLION)

FIGURE 41: MIDDLE EAST & AFRICA FLOATING POWER PLANT MARKET, 2023-2028 (IN $ MILLION)

Segmentation

  1. MARKET BY SOURCE
    • RENEWABLE POWER SOURCE
      • MARKET FORECAST FIGURE
      • SEGMENT ANALYSIS
    • NON-RENEWABLE POWER SOURCE
      • MARKET FORECAST FIGURE
      • SEGMENT ANALYSIS
  1. MARKET BY CAPACITY
    • 0 MW – 5 MW
      • MARKET FORECAST FIGURE
      • SEGMENT ANALYSIS
    • 5.1 MW – 20 MW
      • MARKET FORECAST FIGURE
      • SEGMENT ANALYSIS
    • 20.1 MW – 100 MW
      • MARKET FORECAST FIGURE
      • SEGMENT ANALYSIS
    • 100.1 MW – 250 MW
      • MARKET FORECAST FIGURE
      • SEGMENT ANALYSIS
    • ABOVE 250 MW
      • MARKET FORECAST FIGURE
      • SEGMENT ANALYSIS
  1. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • MARKET SIZE & ESTIMATES
      • NORTH AMERICA FLOATING POWER PLANT MARKET DRIVERS
      • NORTH AMERICA FLOATING POWER PLANT MARKET CHALLENGES
      • NORTH AMERICA FLOATING POWER PLANT MARKET REGULATORY FRAMEWORK
      • KEY PLAYERS IN NORTH AMERICA FLOATING POWER PLANT MARKET
      • COUNTRY ANALYSIS
        • UNITED STATES
          • UNITED STATES FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
        • CANADA
          • CANADA FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
    • EUROPE
      • MARKET SIZE & ESTIMATES
      • EUROPE FLOATING POWER PLANT MARKET DRIVERS
      • EUROPE FLOATING POWER PLANT MARKET CHALLENGES
      • EUROPE FLOATING POWER PLANT MARKET REGULATORY FRAMEWORK
      • KEY PLAYERS IN EUROPE FLOATING POWER PLANT MARKET
      • COUNTRY ANALYSIS
        • UNITED KINGDOM
          • UNITED KINGDOM FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
        • GERMANY
          • GERMANY FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
        • FRANCE
          • FRANCE FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
        • SPAIN
          • SPAIN FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
        • ITALY
          • ITALY FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
        • REST OF EUROPE
          • REST OF EUROPE FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
    • ASIA-PACIFIC
      • MARKET SIZE & ESTIMATES
      • ASIA-PACIFIC FLOATING POWER PLANT MARKET DRIVERS
      • ASIA-PACIFIC FLOATING POWER PLANT MARKET CHALLENGES
      • ASIA-PACIFIC FLOATING POWER PLANT MARKET REGULATORY FRAMEWORK
      • KEY PLAYERS IN ASIA-PACIFIC FLOATING POWER PLANT MARKET
      • COUNTRY ANALYSIS
        • CHINA
          • CHINA FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
        • JAPAN
          • JAPAN FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
        • INDIA
          • INDIA FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
        • SOUTH KOREA
          • SOUTH KOREA FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
        • VIETNAM
          • VIETNAM FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
        • AUSTRALIA & NEW ZEALAND
          • AUSTRALIA & NEW ZEALAND FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
        • REST OF ASIA-PACIFIC
          • REST OF ASIA-PACIFIC FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
    • REST OF WORLD
      • MARKET SIZE & ESTIMATES
      • REST OF WORLD FLOATING POWER PLANT MARKET DRIVERS
      • REST OF WORLD FLOATING POWER PLANT MARKET CHALLENGES
      • REST OF WORLD FLOATING POWER PLANT MARKET REGULATORY FRAMEWORK
      • KEY PLAYERS IN REST OF WORLD FLOATING POWER PLANT MARKET
      • REGIONAL ANALYSIS
        • LATIN AMERICA
          • LATIN AMERICA FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES
        • MIDDLE EAST & AFRICA
          • MIDDLE EAST & AFRICA FLOATING POWER PLANT MARKET SIZE & OPPORTUNITIES

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    Frequently Asked Questions (FAQs):

    What are floating power plants?

    Floating power plants refer to power generation units located on a platform afloat on a water body. These power plants act as primary power sources for a specific facility and may also be used as emergency power sources.

    Which is the fastest-growing source in the global floating power plant market?

    Renewable power is the fastest-growing source in the global floating power plant market.

    What are some major trends in the global floating power plant market?

    Growing number of renewable energy projects and the rise in offshore wind projects are major trends in the global floating power plant market.

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      Author: shalini amarnani