Floating Power Plant Market Release involving Global Key Players by WMR
Floating power plant plays a crucial role in electricity generation at remote areas where power generation is restricted due to scarcity of land mass and can be used as an emergency electric power source. There are several benefits of Floating power plant such as - provides fast supply of electricity to areas with limited infrastructure, possible to relocate or trade, does not require a large site, independent of soil quality, provides secure power supply in the event of earth quakes or floods.
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1. Market Drivers
1.1 R&D in floating power plants
1.2 Growing development in floating wind farms
1.3 Better that land based power plants
1.4 Rising need for power, coupled with the lack of power infrastructure
1.5 Growing need for clean energy to drive renewable floating power plant market
2. Market Restraints
2.1 High distributed energy generation affecting the non-renewable generation
2.2 Rising cost related with transportation, logistics, & accessibility issues
The Global Floating Power Plant Market is segmented on the capacity, power source, platform type, and region.
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1.1 1 MW5 MW
1.2 5.1 MW20 MW
1.3 20.1 MW100 MW
1.4 100.1 MW250 MW
1.5 Above 250 MW
2. By Power Source:
3. By Platform Type:
3.1 Floating Structure
3.2 Power Barges
3.3 Power Ships
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
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The major players in the market are as follows:
1. Siemens AG
2. Kyocera Corporation
3. Caterpillar Inc.
4. Ciel & Terre International
5. Principle Power, Inc.
6. Ideol SA
7. Upsolar Global Co., Ltd
8. Floating Power Plant A/S
9. General Electric Company
10. Wrtsil Corporation
11. Mitsubishi Corporation
12. Yingli Green Energy Holding Company Limited
13. Vikram Solar Pvt. Ltd.
14. MAN Diesel & Turbo SE
15. Seatwirl AB
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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