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:
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