Description
Market Scenario
A floating power plant is a power generating unit mounted on power barges, powerships or floating structure that are installed over a water body to generate electricity. These floating power plants mainly utilizes renewable energy resources such as solar energy, wind energy and wave energy or conventional resources such as, coal, diesel, heavy fuel oils, natural gas and nuclear energy for the production of electricity.
The global floating power plant market is expected to grow at a CAGR of 10.36%. Advantageous over conventional land-based power plants, lack of infrastructure in remote locations, and growing demand for clean energy are some of the other factors which contribute to the growth of the global floating power plants market.
Floating power plant market is driven by its benefits over conventional power plants, as they have minimal environmental impact, while minimizing limitations affected by environmental regulations. Thus, they reduce the use of land for construction of power plants, supply electricity for specific facilities economically, and can be used as an emergency power source. These factors, majorly, are contributing to the growth of floating power plant market in near future.
Floating power plant market by power plant type was dominated by floating solar power. A floating solar power plant is the best the option to overcome these problems. Electricity crisis are major is many developing nations, also the public opposition over the large scale land acquisition done by the governing authority to install a solar power plant is a major restraint, thus installing a floating solar power plant on a water body is the best in case scenario in today’s world. Floating solar power plant has great scope in Asia-Pacific region due to growing scarcity of land mass and growing demand for power supply.
Study Objectives of Global Floating Power Plant Market
– To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the Floating Power Plant Market
– To provide insights about factors affecting the market growth
– To Analyze the Floating Power Plant market based on various factors- price analysis, supply chain analysis, Porters five force analysis.
– To provide historical and forecast revenue of the market segments and sub-segments with respect to six main geographies and their countries-Europe, Asia-Pacific, Rest of the World
– To provide country level analysis of the market with respect to the current market size and future prospective
– To provide country level analysis of the market for segments: power plant type, and platform type as well as its sub segments
– To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
– To track and analyze competitive developments such as partnerships and collaborations, product launch, mergers and acquisitions, and expansions in the Global Floating Power Plant Market
Intended Audience
• Distributer & Supplier companies
• End-Users
• Consultants and Investment bankers
• Government as well as Independent Regulatory Authorities
Key Findings
– The key findings of the report “Global Floating Power Plant Market” includes:
• Increasing installations of solar technology worldwide, and awareness of clean energy generation in remote areas is driving the market of floating solar power plant.
• Geographically, Asia-Pacific dominates the Floating Power Plant Market
• Floating structures dominate the market by platform type in terms of market share.
Global Floating Power Plant Market Share:
Key Players
Some of the key players in the Global Floating Power Plant Market are MAN Diesel & Turbo, Karadeniz Holding A.Ş., Vikram Solar Pvt. Ltd., Ciel & Terre International, Waller Marine, Inc., Power Barge Corporation, Floating Power Plant A/S, PRINCIPLE POWER, INC., Wärtsilä, Kyocera TCL Solar, and ROSATOM. The companies in this market have adopted various strategies such as partnerships and collaborations, product launch, mergers and acquisitions, and expansions to append their market share.
Segments
The floating power plant market can be segmented on the basis of power plant type as floating solar power, floating wind power, floating wind & wave power, floating nuclear power, and others. On the basis of platform type, the market has been segmented as floating structures, power barges, and power ships.
Regional Analysis of Floating Power Plant Market
Asia-Pacific is one of the leading markets mainly due to owing to increase in utilization of renewable energy resources and scarcity of land in the region. in Europe, the recent development in renewable energy resources, basically in floating solar, floating wind and floating wind & wave power plant market is driving the market in the region.
Table of Contents
1 Executive Summary 10
2 Introduction 12
2.1 Definition 12
2.2 Scope of the Study 12
2.3 Assumptions 12
2.4 Market Structure 13
3 Research Methodology 14
3.1 Research Process 14
3.2 Primary Research 15
3.3 Secondary Research 15
3.4 Market Size Estimation 15
3.5 Forecast Model 17
4 Market Dynamics 18
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
5 Market Factor Analysis 23
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
6 Global Floating Power Plant Market, By Power Plant Type 27
6.1 Overview 28
6.2 Floating Solar Power 29
6.3 Floating Wind Power 30
6.4 Floating Wind & Wave Power 30
6.5 Floating Nuclear Power 30
6.6 Others 31
7 Global Floating Power Plant Market, By Platform Type 32
7.1 Overview 33
7.2 Floating Structures 34
7.3 Power Barges 34
7.4 Power Ships 34
8 Global Floating Power Plant Market, By Region 35
8.1 Introduction 36
8.2 Asia-Pacific 37
8.2.1 China 40
8.2.2 Japan 41
8.2.3 India 42
8.2.4 Rest of Asia-Pacific 43
8.3 Europe 45
8.3.1 U.K. 46
8.3.2 Italy 48
8.3.3 France 49
8.3.4 Portugal 50
8.3.5 Rest of Europe 51
8.4 Rest of the World 52
8.4.1 Africa 54
8.4.2 Middle East 55
8.4.3 North America 56
8.4.4 Latin America 58
9 Company Profiles 59
9.1 Competitive Scenario 59
9.1.1 Competitive Landscape 59
9.1.2 Partnerships & Collaborations 60
9.1.2.1 Product Launch. 61
9.1.2.2 Mergers & Acquisitions 62
9.2 MAN Diesel & Turbo 63
9.2.1 Company Overview 63
9.2.2 Product/Service Offering 63
9.2.3 Financial Overview 64
9.2.4 Strategy 64
9.3 Karadeniz Holding A.Ş. 66
9.3.1 Company Overview 66
9.3.2 Product/Service Offering 66
9.3.3 Financial Overview 66
9.3.4 Strategy 67
9.4 Vikram Solar Pvt. Ltd. 68
9.4.1 Company Overview 68
9.4.2 Product/Service Offering 68
9.4.3 Financial Overview 68
9.4.4 Strategy 69
9.5 Ciel & Terre International 70
9.5.1 Company Overview 70
9.5.2 Product/Service Offering 70
9.5.3 Financial Overview 70
9.5.4 Strategy 71
9.6 Waller Marine, Inc. 72
9.6.1 Company Overview 72
9.6.2 Product/Service Offering 72
9.6.3 Financial Overview 72
9.6.4 Strategy 72
9.7 Power Barge Corporation. 73
9.7.1 Company Overview 73
9.7.2 Product/Service Offering 73
9.7.3 Financial Overview 73
9.7.4 Strategy 73
9.8 Floating Power Plant A/S. 74
9.8.1 Company Overview 74
9.8.2 Product/Service Offering 74
9.8.3 Financial Overview 74
9.8.4 Strategy 74
9.9 Principle Power, Inc. 76
9.9.1 Company Overview 76
9.9.2 7Product/Service Offering 76
9.9.3 Financial Overview 76
9.9.4 Strategy 76
9.10 Wärtsilä Corporation. 77
9.10.1 Company Overview 77
9.10.2 Product/Service Offering 77
9.10.3 Financial Overview 77
9.10.4 Strategy 78
9.11 Kyocera Corporation 80
9.11.1 Company Overview 80
9.11.2 Product/Service Offering 80
9.11.3 Financial Overview 81
9.11.4 Strategy 81
9.12 Rosatom State Atomic Energy Corporation (USA) 83
9.12.1 Company Overview 83
9.12.2 Product/Service Offering 83
9.12.3 Financial Overview 84
9.12.4 Strategy 84
List of Tables
TABLE 1 MARKET SYNOPSIS 11
TABLE 2 GLOBAL FLOATING POWER PLANT MARKET, BY POWER PLANT TYPE, 2015-2023 (USD MILLION) 29
TABLE 3 GLOBAL FLOATING POWER PLANT MARKET, BY PLATFORM TYPE, 2015-2023 (USD MILLION) 33
TABLE 4 ASIA-PACIFIC: GLOBAL FLOATING POWER PLANT MARKET, BY COUNTRY, 2015-2023 (USD MILLION) 38
TABLE 5 ASIA-PACIFIC: GLOBAL FLOATING POWER PLANT MARKET, BY PLATFORM TYPE, 2015-2023 (USD MILLION) 38
TABLE 6 ASIA-PACIFIC: GLOBAL FLOATING POWER PLANT MARKET, BY POWER PLANT TYPE, 2015-2023 (USD MILLION) 39
TABLE 7 CHINA: GLOBAL FLOATING POWER PLANT MARKET, BY PLATFORM TYPE, 2015-2023 (USD MILLION) 40
TABLE 8 CHINA: GLOBAL FLOATING POWER PLANT MARKET, BY POWER PLANT TYPE, 2015-2023 (USD MILLION) 40
TABLE 9 JAPAN: GLOBAL FLOATING POWER PLANT MARKET, BY PLATFORM TYPE, 2015-2023 (USD MILLION) 41
TABLE 10 JAPAN: GLOBAL FLOATING POWER PLANT MARKET, BY POWER PLANT TYPE, 2015-2023 (USD MILLION) 42
TABLE 11 INDIA: GLOBAL FLOATING POWER PLANT MARKET, BY PLATFORM TYPE, 2015-2023 (USD MILLION) 42
TABLE 12 INDIA: GLOBAL FLOATING POWER PLANT MARKET, BY POWER PLANT TYPE, 2015-2023 (USD MILLION) 43
TABLE 13 REST OF ASIA-PACIFIC: GLOBAL FLOATING POWER PLANT MARKET, BY PLATFORM TYPE, 2015-2023 (USD MILLION) 43
TABLE 14 REST OF ASIA-PACIFIC: GLOBAL FLOATING POWER PLANT MARKET, BY POWER PLANT TYPE, 2015-2023 (USD MILLION) 44
TABLE 15 EUROPE: GLOBAL FLOATING POWER PLANT MARKET, BY COUNTRY, 2015-2023 (USD MILLION) 45
TABLE 16 EUROPE: GLOBAL FLOATING POWER PLANT MARKET, BY PLATFORM TYPE, 2015-2023 (USD MILLION) 45
TABLE 17 EUROPE: GLOBAL FLOATING POWER PLANT MARKET, BY POWER PLANT TYPE, 2015-2023 (USD MILLION) 46
TABLE 18 U.K.: GLOBAL FLOATING POWER PLANT MARKET, BY PLATFORM TYPE, 2015-2023 (USD MILLION) 46
TABLE 19 U.K.: GLOBAL FLOATING POWER PLANT MARKET, BY POWER PLANT TYPE, 2015-2023 (USD MILLION) 47
TABLE 20 ITALY: GLOBAL FLOATING POWER PLANT MARKET, BY PLATFORM TYPE, 2015-2023 (USD MILLION) 48
TABLE 21 ITALY: GLOBAL FLOATING POWER PLANT MARKET, BY POWER PLANT TYPE, 2015-2023 (USD MILLION) 48
TABLE 22 FRANCE: GLOBAL FLOATING POWER PLANT MARKET, BY PLATFORM TYPE, 2015-2023 (USD MILLION) 49
TABLE 23 FRANCE: GLOBAL FLOATING POWER PLANT MARKET, BY POWER PLANT TYPE, 2015-2023 (USD MILLION) 49
TABLE 24 PORTUGAL: GLOBAL FLOATING POWER PLANT MARKET, BY PLATFORM TYPE, 2015-2023 (USD MILLION) 50
TABLE 25 PORTUGAL: GLOBAL FLOATING POWER PLANT MARKET, BY POWER PLANT TYPE, 2015-2023 (USD MILLION) 50
TABLE 26 REST OF EUROPE: GLOBAL FLOATING POWER PLANT MARKET, BY PLATFORM TYPE, 2015-2023 (USD MILLION) 51
TABLE 27 REST OF EUROPE: GLOBAL FLOATING POWER PLANT MARKET, BY POWER PLANT TYPE, 2015-2023 (USD MILLION) 52
TABLE 28 REST OF THE WORLD: GLOBAL FLOATING POWER PLANT MARKET, BY COUNTRY, 2015-2023 (USD MILLION) 53
TABLE 29 REST OF THE WORLD: GLOBAL FLOATING POWER PLANT MARKET, BY PLATFORM TYPE, 2015-2023 (USD MILLION) 53
TABLE 30 REST OF THE WORLD: GLOBAL FLOATING POWER PLANT MARKET, BY POWER PLANT TYPE, 2015-2023 (USD MILLION) 54
TABLE 31 AFRICA: GLOBAL FLOATING POWER PLANT MARKET, BY PLATFORM TYPE, 2015-2023 (USD MILLION) 54
TABLE 32 AFRICA: GLOBAL FLOATING POWER PLANT MARKET, BY POWER PLANT TYPE, 2015-2023 (USD MILLION) 55
TABLE 33 MIDDLE EAST: GLOBAL FLOATING POWER PLANT MARKET, BY PLATFORM TYPE, 2015-2023 (USD MILLION) 55
TABLE 34 MIDDLE EAST: GLOBAL FLOATING POWER PLANT MARKET, BY POWER PLANT TYPE, 2015-2023 (USD MILLION) 56
TABLE 35 NORTH AMERICA: GLOBAL FLOATING POWER PLANT MARKET, BY PLATFORM TYPE, 2015-2023 (USD MILLION) 56
TABLE 36 NORTH AMERICA: GLOBAL FLOATING POWER PLANT MARKET, BY POWER PLANT TYPE, 2015-2023 (USD MILLION) 57
TABLE 37 LATIN AMERICA: GLOBAL FLOATING POWER PLANT MARKET, BY PLATFORM TYPE, 2015-2023 (USD MILLION) 58
TABLE 38 LATIN AMERICA: GLOBAL FLOATING POWER PLANT MARKET, BY POWER PLANT TYPE, 2015-2023 (USD MILLION) 58
List of Figures
FIGURE 1 RESEARCH PROCESS OF MRFR 14
FIGURE 2 TOP DOWN & BOTTOM UP APPROACH 16
FIGURE 3 FORECAST MODEL FOR FLOATING POWER PLANTS 17
FIGURE 4 DRIVERS, RESTRAINTS, AND OPPORTUNITIES OF GLOBAL FLOATING POWER PLANT MARKET 18
FIGURE 5 GROWTH DRIVERS: IMPACT ANALYSIS 20
FIGURE 6 GROWTH BARRIERS: IMPACT ANALYSIS 21
FIGURE 7 PORTER’S 5 FORCES ANALYSIS OF GLOBAL FLOATING POWER PLANT MARKET 23
FIGURE 8 GLOBAL FLOATING POWER PLANT MARKET SHARE, BY POWER PLANT TYPE, 2016 (% SHARE) 28
FIGURE 9 GLOBAL FLOATING POWER PLANT MARKET SHARE, BY PLATFORM TYPE, 2016 (% SHARE) 33
FIGURE 10 GLOBAL FLOATING POWER PLANT MARKET, BY REGION, 2016 (% SHARE) 36
FIGURE 11 GLOBAL FLOATING POWER PLANT MARKET, BY REGION, 2015-2023 (USD MILLION) 37
FIGURE 12 ASIA-PACIFIC: GLOBAL FLOATING POWER PLANT MARKET SHARE, BY COUNTRY, 2016 (% SHARE) 37
FIGURE 13 GROWTH STRATEGIES ADOPTED BY KEY PLAYERS IN GLOBAL FLOATING POWER PLANT MARKET, 2014-2017 (%) 59
FIGURE 14 PARTNERSHIPS & COLLABORATIONS: % SHARE BY KEY PLAYERS, 2014-2017 (%) 60
FIGURE 15 PRODUCT LAUNCH: % SHARE BY KEY PLAYERS, 2014-2017 (%) 61
FIGURE 16 MERGERS & ACQUISITIONS: % SHARE BY KEY PLAYERS, 2014-2017 (%) 62
FIGURE 17 MAN DIESEL & TURBO : TOTAL REVENUE VS SEGMENTAL REVENUE (FLOATING POWER PLANT REVENUE) 64
FIGURE 18 MAN DIESEL & TURBO: KEY DEVELOPMENTS, 2014-2016 (%) 65
FIGURE 19 MAN DIESEL & TURBO: SWOT ANALYSIS 65
FIGURE 20 KARADENIZ HOLDING A.Ş.: SWOT ANALYSIS 67
FIGURE 21 FLOATING POWER PLANT A/S: SWOT ANALYSIS 75
FIGURE 22 WÄRTSILÄ CORPORATION.: TOTAL REVENUE VS SEGMENTAL REVENUE (FLOATING POWER PLANT) 77
FIGURE 23 WÄRTSILÄ CORPORATION.: GEOGRAPHICAL REVENUE MIX, 2016 (IN %) 78
FIGURE 24 WÄRTSILÄ CORPORATION.: KEY DEVELOPMENTS, 2014-2016 (%) 79
FIGURE 25 WÄRTSILÄ CORPORATION.: SWOT ANALYSIS 79
FIGURE 26 KYOCERA CORPORATION.: TOTAL REVENUE VS SEGMENTAL REVENUE (FLOATING POWER PLANT) 81
FIGURE 27 KYOCERA CORPORATION.: GEOGRAPHICAL REVENUE MIX, 2016 (IN %) 81
FIGURE 28 KYOCERA CORPORATION: SWOT ANALYSIS 82
FIGURE 29 ROSATOM.: TOTAL REVENUE 84
