Global Floating Power Plant Market Research Report 2017 – 2023 – Research and Markets

DUBLIN–(BUSINESS WIRE)–The "Global
Floating Power Plant Market Research Report Insights, Opportunity
Analysis, Market Shares and Forecast 2017 – 2023" report has
been added to Research and Markets' offering.

The driving factors of global floating power plants are the increasing
demand for power, increasing demand for clean energy to drive renewable
floating power plant market and advantages over land based power plants.
According to spectrum Technology Engineering and Sciences, Japan is
manufacturing the world's largest floating solar power plants.

Moreover floating power plants have been deployed in generating nuclear
power, solar power, and wind power. CNG, China General Nuclear Power
Group is manufacturing small modular multifunction floating reactors
which are expected to be completed by 2020. According to PV Technology
India has installed the countries largest floating power plant with
installed capacity of 100KW in Kerala. This floating power plant is
developed with the collaboration of CIPET and alliance of NTPC and NETRA.

Asia-Pacific is anticipated to dominate the global floating power plant
market owning to the increasing renewable floating power plants in
countries such as Japan, China. In 2017 China's Sungrow power supply co.
was developing floating power plants containing production capacity of
40MW. Sungrow has specified combiner box SunBox PVS-8M/16M-W for
floating power plants application, the plant was located in deep water
with depth of 4 to 1- meters and on a flooded land. Thus many
developments in Asia-pacific have increased the growth of the region
globally. Whereas, Europe is accounted to be the fastest growing region
due to increasing plant installation and development and increasing
investment in renewable energy sector.

Global floating power plant market is segmented by source and capacity.
Capacity segment by above 250MW is anticipated to dominate the market
for the forecast period 2016-2023 due to the floating power plants which
generate power in this capacity are mostly generating non-renewable
power which is having major share in market.

The growth in the global floating power plant market is also influenced
by the presence of major players such as, Mitsubishi Corporation
(Japan), Wartsila (Finland), General Electric Company (U.S.), Siemens AG
(Germany), Caterpillar, Inc. (U.S.), Ciel & Terre International
(France), Floating Power Plant A/S (Denmark).

To gain competitive advantage the major market players adopt various
strategies such as mergers & acquisitions, product launchs etc. Key
strategies adopted by the market players include product and service
launches, for example, in October 2017 General Electric set up a
floating power plant in Punjab, India.

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Competitive Landscape

6. Geographical Analysis

7. Company Profiles

• Caterpillar Inc.(U.S)
• Ciel & Terre International(France)
• Floating Power Plant A/S(U.K)
• General Electric Company(Germany)
• Ideol Sa(South Africa)
• Kyocera Corporation(Japan)
• Man Diesel & Turbo Se(Germany)
• Mitsubishi Corporation( Japan)
• Principle Power, Inc.(U.S)
• Seatwirl Ab (Sweden)
• Siemens Ag(Germany)
• Upsolar Global Co. Ltd(Australia)
• Vikram Solar Pvt .Ltd.(India)
• Wartsila Corporation(Finland)
• Yingli Green Energy Holding Company Limited(China)

For more information about this report visit https://www.researchandmarkets.com/research/swlxhg/global_floating

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Topics: Electricity