Floating Power Plant Market Growth in Energy and Power Industry with Leading Key Players Growth Analysis: Waller Marine, Inc.(U.S.), Power Barge Corporation (U.S.), Floating Power Plant A/S (Denmark), Principle Power, Inc.(U.S.)

Industry Major Key Players:

The key players of global floating power plant market are MAN Diesel & Turbo (Germany), Karadeniz Holding A.Ş.( Turkey), Vikram Solar Pvt. Ltd. (India), Ciel & Terre International (France), Waller Marine, Inc.(U.S.), Power Barge Corporation (U.S.), Floating Power Plant A/S (Denmark), Principle Power, Inc.(U.S.), Wartsilä (Finland), Kyocera TCL Solar (Japan )and ROSATOM State Atomic Energy Corporation (Russia).

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Market Highlights:

The market is driven by various factors such as the need for uninterrupted electricity supply is growing because of the rising world population, climbing income levels and industrialization, huge land area is necessary for the construction of coal, wind and solar power plants which has constraints in many countries, these factors are expected to drive the market for floating power plant in near future. However, the high capital cost of floating power plant and the high level of complexity involved in the design of the systems, will act as restrains for the floating power plant market, globally.
Based on regions, Rest of the World is projected to dominate the market during the forecast period. The major factors driving the growth of the market here are the increasing demand for energy from growing population, developing economies with major scarcity for land and increased commitment towards deploying renewable energy resources. Moreover, substantial growth is expected in regions such as, North America, Middle East and Africa, as these region are rapidly increasing their power generation capacity. Technological advancements and favorable geographic areas & coast lines in these region, are further driving the market for floating power plants in the region.

Market Research Analysis:

Floating Structures are Expected to Grow at the Fastest Rate:

Based on the power plant platform type, the floating structures market is expected to grow the fastest during the forecast period. The rapid development in solar panel technology, wind technology and wind & wave technology coupled with government incentives for renewable energy power is expected to drive this segment. A major advantage of the floating structure is the compact design and high strength, which helps them withstand in various water levels in all conditions. Floating Structures accounted for the largest market share of 67.14% in 2016 and is projected to grow at the highest rate during the forecast period.

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Scope of the Report:

This study provides an overview of the global floating power plant market, tracking two market segments across three geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global floating power plant market by power plant type, by platform type and by regions.

Major Point of TOC:-

1 Executive Summary

2 Introduction

3 Research Methodology



4 Market Dynamics

4.1 Drivers 19

4.1.1 Advantageous Over Conventional Land-Based Power Plants 19

4.1.2 Lack Of Power Infrastructure In Remote Locations 19

4.1.3 Growing Demand For Clean Energy 19

4.2 Growth Drivers: Impact Analysis 20

4.3 Restraints 20

4.3.1 High Capital Cost Of Offshore Power Infrastructure 20

4.3.2 Access To Offshore Installations 20

4.4 Growth Barriers: Impact Analysis 21

4.5 Opportunity 22

4.5.1 R&D In Floating Power Plants 22

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5 Market Factor Analysis

5.1 Porter’s 5 Forces Analysis 23

5.1.1 Threat Of New Entrants 24

5.1.2 Bargaining Power Of Suppliers 24

5.1.3 Threat Of Substitutes 24

5.1.4 Bargaining Power Of Buyers 24

5.1.5 Segment Rivalry 24

5.2 Value Chain Analysis 25

Continued................

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