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Floating Power Plant Market With Top Companies Siemens AG, Ideol SA ,Seatwirl AB In 2025

01-22-2020 01:29 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Kenneth Research

The Global Floating Power Plant Market was valued at USD 809.65 million in 2016 and is projected to reach USD 1942.20 million by 2025, growing at a CAGR of 10.21% from 2017 to 2025.

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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Sample Infographics:

Market Dynamics:
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

Market Segmentation:
The Global Floating Power Plant Market is segmented on the capacity, power source, platform type, and region.

1. Capacity:
1.1 1 MW–5 MW
1.2 5.1 MW–20 MW
1.3 20.1 MW–100 MW
1.4 100.1 MW–250 MW
1.5 Above 250 MW

2. By Power Source:
2.1 Wind
2.2 Solar
2.3 Nuclear
2.4 Others

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

Competitive Landscape:
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. Wärtsilä 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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RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the Global Floating Power Plant Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the research methodology of verified market research and other aspects of the research study, kindly get in touch with our sales team.

Contact Us

Kenneth Research

Email: Sales@kennethresearch.com

Phone: +1 313 462 0609

About Kenneth Research:

Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.

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