Global floating power plant market is projected to grow at a CAGR of over 11%, in value terms, during 2018-2023. Increasing number of power plant projects, upsurge in energy and power demand, rising infrastructural development, growing demand for energy efficiency solutions, high investment by government to develop renewable and sustainable power plants and growing number of installation of wind and solar power panels are some factors, that will propel the demand for floating power plant over the next five years. APAC is anticipated to remain a strong contributor in the floating power plant market in the forecast period, owing to increasing renewable floating power plants in. Europe is expected to register faster CAGR than any other region, backed by largest offshore wind projects and its contribution to sustain renewable energy source.

Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2018-2023

Objective of the Study:

  • To analyse and forecast market size of the global Floating Power Plant market, in terms of values.
  • To define, classify and forecast the global floating power plant on the basis of source, capacity & region.
  • To scrutinize the detailed market segmentation and forecast the market size, in terms of value, on the basis of region by segmenting global floating power plant into five regions, namely, North America, South America, Europe, Asia Pacific and MEA.
  • To identify tailwinds and headwinds for the global floating power plant market.
  • To examine competitive developments such as expansions, new servie solution, contracts and mergers & acquisitions in the global floating power plant market.
  • To evaluate competitor and trends in the global floating power plant market.
  • To strategically profile the leading players, which are involved in floating power plant market globally.

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Some of the major players operating in the global floating power plant 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., Wartsilä , Kyocera TCL Solar  and ROSATOM State Atomic Energy Corporation etc.

TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of floating power plant solution providers globally. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include producers that could not be identified due to the limitations of secondary research. TechSci Research analysed source, capacity & regional presence of all major floating power plant system providers across the globe.

TechSci Research calculated the market size for the global floating power plant using a bottom-up approach, where providers’ value data for source of (renewable power source vs non-renewable power source), floating power plant was recorded as well as forecast for the future years was made. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective providers to arrive at the overall market size. Various secondary sources such as company annual reports, white papers, investor presentations and financial reports were also used by the TechSci Research.


Key Target Audience:

  • Global floating power plant system providers
  • Research organizations and consulting companies
  • Organizations, associations and alliances related to floating power plant
  • Government bodies such as regulating authorities and policy makers.
  • Industry associations

·         Wind farm owners, operators, and developers

 The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as providers, vendors and policy makers, which market segments should be targeted over the floating power plant coming years (next five years) in order to strategize investments and capitalize on growth of the market.

Report Scope:

In this report, global floating power plant has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, by Source:
    • Global Floating Power Plant Market 
      • Renewable Power Source
      • Non-Renewable Power Source
  • Market, by Capacity:
      • 0 MW- 5 MW
      • 5.1 MW-20 MW
      • 20.2 MW-100 MW
      • 100.1 MW-250 MW
      • Above 250.1 MW
  • Market, by Geography:
    • North America
      • United States
      • Canada
      • Mexico
      • Rest of North America
    • Europe
      • United Kingdom
      • Germany
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • Australia
      • India
      • Rest of APAC
    • South America
      • Brazil
      • Argentina
      • Colombia
      • Rest of South America
    • MEA
      • Saudi Arabia
      • UAE
      • Israel
      • South Africa
      • Rest of MEA

Competitive Landscape

Competition Benchmarking: Benchmarking of leading 10 players

Company Profiles: Detailed analysis of the major companies present in the global floating power plant market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:

Channel Partner Analysis

  • Detailed list of providers across the globe.

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Product Information

  • Detailed analysis of new service solutions in the market and their driving forces in the market.

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1.       Product Overview

2.       Research Methodology

3.       Executive Summary

4.       Voice of Customer

4.1.     Vendor Satisfaction

4.2.     Service Satisfaction

4.3.     Pricing 

5.       Global Floating Power Plant Market Outlook 

5.1.     Market Size & Forecast

5.1.1.  By Value

5.2.     Market Share & Forecast

5.2.1.  By Source (Renewable Power Source Vs Non-Renewable Power Source)

5.2.1.1. By Renewable Power Source Type (Solar Vs Wind)

5.2.1.2. By Non-Renewable Power Source Type (Gas Turbine Vs Ic Engines)

5.2.2.  By Capacity (0 MW- 5 MW, 5.1 MW-20 MW, 20.2 MW-100 MW, 100.1 MW-250 MW & Above 250.1 MW)

5.2.3.  By Company

5.2.4.  By Region

5.2.5.  Market Attractiveness Index (By Source, By Capacity & By Region)

6.       Asia-Pacific Floating Power Plant Market Outlook

6.1.     Market Size & Forecast

6.1.1.   By Value

6.2.      Market Share & Forecast

6.2.1.  By Source (Renewable Power Source Vs Non-Renewable Power Source)

6.2.1.1. By Renewable Power Source Type (Solar Vs Wind)

6.2.1.2. By Non-Renewable Power Source Type (Gas Turbine Vs Ic Engines)

6.2.2.  By Capacity (0 MW- 5 MW, 5.1 MW-20 MW, 20.2 MW-100 MW, 100.1 MW-250 MW & Above 250.1 MW)

6.2.3.  By Country (China, Japan, India, South Korea, Australia & Rest of Asia Pacific)

6.2.3.1. China Floating Power Plant Market Outlook

6.2.3.1.1. Market Size & Forecast

6.2.3.1.1.1. By Value

6.2.3.1.2. Market Share & Forecast

6.2.3.1.2.1. By Source (Renewable Power Source Vs Non-Renewable Power Source)

6.2.3.1.2.1.1. By Renewable Power Source Type (Solar Vs Wind)

6.2.3.1.2.1.2. By Non-Renewable Power Source Type (Gas Turbine Vs Ic Engines)

6.2.3.1.2.2. By Capacity (0 MW- 5 MW, 5.1 MW-20 MW, 20.2 MW-100 MW, 100.1 MW-250 MW & Above 250.1 MW)

6.2.3.2. India Floating Power Plant Market Outlook

6.2.3.2.1. Market Size & Forecast

6.2.3.2.1.1. By Value

6.2.3.2.2. Market Share & Forecast

6.2.3.2.2.1. By Source (Renewable Power Source Vs Non-Renewable Power Source)

6.2.3.2.2.1.1. By Renewable Power Source Type (Solar Vs Wind)

6.2.3.2.2.1.2. By Non-Renewable Power Source Type (Gas Turbine Vs Ic Engines)

6.2.3.2.2.2. By Capacity (0 MW- 5 MW, 5.1 MW-20 MW, 20.2 MW-100 MW, 100.1 MW-250 MW & Above 250.1 MW)

6.2.3.3. Japan Floating Power Plant Market Outlook

6.2.3.3.1. Market Size & Forecast

6.2.3.3.1.1. By Value

6.2.3.3.2. Market Share & Forecast

6.2.3.3.2.1. By Source (Renewable Power Source Vs Non-Renewable Power Source)

6.2.3.3.2.1.1. By Renewable Power Source Type (Solar Vs Wind)

6.2.3.3.2.1.2. By Non-Renewable Power Source Type (Gas Turbine Vs Ic Engines)

6.2.3.3.2.2. By Capacity (0 MW- 5 MW, 5.1 MW-20 MW, 20.2 MW-100 MW, 100.1 MW-250 MW & Above 250.1 MW)

6.2.3.3.2.3. By End-User (Residential, Commercial & Industrial)

6.2.3.4. Australia Floating Power Plant Market Outlook

6.2.3.4.1. Market Size & Forecast

6.2.3.4.1.1. By Value

6.2.3.4.2. Market Share & Forecast

6.2.3.4.2.1. By Source (Renewable Power Source Vs Non-Renewable Power Source)

6.2.3.4.2.1.1. By Renewable Power Source Type (Solar Vs Wind)

6.2.3.4.2.1.2. By Non-Renewable Power Source Type (Gas Turbine Vs Ic Engines)

6.2.3.4.2.2. By Capacity (0 MW- 5 MW, 5.1 MW-20 MW, 20.2 MW-100 MW, 100.1 MW-250 MW & Above 250.1 MW)

6.2.3.5. South Korea Floating Power Plant Market Outlook

6.2.3.5.1. Market Size & Forecast

6.2.3.5.1.1. By Value

6.2.3.5.2. Market Share & Forecast

6.2.3.5.2.1. By Source (Renewable Power Source Vs Non-Renewable Power Source)

6.2.3.5.2.1.1. By Renewable Power Source Type (Solar Vs Wind)

6.2.3.5.2.1.2. By Non-Renewable Power Source Type (Gas Turbine Vs Ic Engines)

6.2.3.5.2.2. By Capacity (0 MW- 5 MW, 5.1 MW-20 MW, 20.2 MW-100 MW, 100.1 MW-250 MW & Above 250.1 MW)

7.       North America Floating Power Plant Market Outlook

7.1.     Market Size & Forecast

7.1.1.   By Value

7.2.      Market Share & Forecast

7.2.1.  By Source (Renewable Power Source Vs Non-Renewable Power Source)

7.2.1.1. By Renewable Power Source Type (Solar Vs Wind)

7.2.1.2. By Non-Renewable Power Source Type (Gas Turbine Vs Ic Engines)

7.2.2.  By Capacity (0 MW- 5 MW, 5.1 MW-20 MW, 20.2 MW-100 MW, 100.1 MW-250 MW & Above 250.1 MW)

7.2.3.  By Country (United States, Canada, Mexico & Rest of North America)

7.2.3.1. United States Floating Power Plant Market Outlook

7.2.3.1.1. Market Size & Forecast

7.2.3.1.1.1. By Value

7.2.3.1.2. Market Share & Forecast

7.2.3.1.2.1. By Source (Renewable Power Source Vs Non-Renewable Power Source)

7.2.3.1.2.1.1. By Renewable Power Source Type (Solar Vs Wind)

7.2.3.1.2.1.2. By Non-Renewable Power Source Type (Gas Turbine Vs Ic Engines)

7.2.3.1.2.2. By Capacity (0 MW- 5 MW, 5.1 MW-20 MW, 20.2 MW-100 MW, 100.1 MW-250 MW & Above 250.1 MW)

7.2.3.2. Canada Floating Power Plant Market Outlook

7.2.3.2.1. Market Size & Forecast

7.2.3.2.1.1. By Value

7.2.3.2.2. Market Share & Forecast

7.2.3.2.2.1. By Source (Renewable Power Source Vs Non-Renewable Power Source)

7.2.3.2.2.1.1. By Renewable Power Source Type (Solar Vs Wind)

7.2.3.2.2.1.2. By Non-Renewable Power Source Type (Gas Turbine Vs Ic Engines)

7.2.3.2.2.2. By Capacity (0 MW- 5 MW, 5.1 MW-20 MW, 20.2 MW-100 MW, 100.1 MW-250 MW & Above 250.1 MW)

7.2.3.3. Mexico Floating Power Plant Market Outlook

7.2.3.3.1. Market Size & Forecast

7.2.3.3.1.1. By Value

7.2.3.3.2. Market Share & Forecast

7.2.3.3.2.1. By Source (Renewable Power Source Vs Non-Renewable Power Source)

7.2.3.3.2.1.1. By Renewable Power Source Type (Solar Vs Wind)

7.2.3.3.2.1.2. By Non-Renewable Power Source Type (Gas Turbine Vs Ic Engines)

7.2.3.3.2.2. By Capacity (0 MW- 5 MW, 5.1 MW-20 MW, 20.2 MW-100 MW, 100.1 MW-250 MW & Above 250.1 MW)

8.       South America Floating Power Plant Market Outlook

8.1.     Market Size & Forecast

8.1.1.   By Value

8.2.      Market Share & Forecast

8.2.1.  By Source (Renewable Power Source Vs Non-Renewable Power Source)

8.2.1.1. By Renewable Power Source Type (Solar Vs Wind)

8.2.1.2. By Non-Renewable Power Source Type (Gas Turbine Vs Ic Engines)

8.2.2.  By Capacity (0 MW- 5 MW, 5.1 MW-20 MW, 20.2 MW-100 MW, 100.1 MW-250 MW & Above 250.1 MW)

8.2.3.  By Country (Brazil, Argentina, Colombia & Rest of South America)

8.2.3.1. Brazil Floating Power Plant Market Outlook

8.2.3.1.1. Market Size & Forecast

8.2.3.1.1.1. By Value

8.2.3.1.2. Market Share & Forecast

8.2.3.1.2.1. By Source (Renewable Power Source Vs Non-Renewable Power Source)

8.2.3.1.2.1.1. By Renewable Power Source Type (Solar Vs Wind)

8.2.3.1.2.1.2. By Non-Renewable Power Source Type (Gas Turbine Vs Ic Engines)

8.2.3.1.2.2. By Capacity (0 MW- 5 MW, 5.1 MW-20 MW, 20.2 MW-100 MW, 100.1 MW-250 MW & Above 250.1 MW)

8.2.3.2. Argentina Floating Power Plant Market Outlook

8.2.3.2.1. Market Size & Forecast

8.2.3.2.1.1. By Value

8.2.3.2.2. Market Share & Forecast

8.2.3.2.2.1. By Source (Renewable Power Source Vs Non-Renewable Power Source)

8.2.3.2.2.1.1. By Renewable Power Source Type (Solar Vs Wind)

8.2.3.2.2.1.2. By Non-Renewable Power Source Type (Gas Turbine Vs Ic Engines)

8.2.3.2.2.2. By Capacity (0 MW- 5 MW, 5.1 MW-20 MW, 20.2 MW-100 MW, 100.1 MW-250 MW & Above 250.1 MW)

8.2.4.  By End-Use Industry (Municipal, Pulp & Paper, Textile, Oil & Gas, Mining & Others

8.2.4.1. Colombia Floating Power Plant Market Outlook

8.2.4.1.1. Market Size & Forecast

8.2.4.1.1.1. By Value

8.2.4.1.2. Market Share & Forecast

8.2.4.1.2.1. By Source (Renewable Power Source Vs Non-Renewable Power Source)

8.2.4.1.2.1.1. By Renewable Power Source Type (Solar Vs Wind)

8.2.4.1.2.1.2. By Non-Renewable Power Source Type (Gas Turbine Vs Ic Engines)

8.2.4.1.2.2. By Capacity (0 MW- 5 MW, 5.1 MW-20 MW, 20.2 MW-100 MW, 100.1 MW-250 MW & Above 250.1 MW)

9.       Europe Floating Power Plant Market Outlook

9.1.     Market Size & Forecast

9.1.1.   By Value

9.2.      Market Share & Forecast

9.2.1.  By Source (Renewable Power Source Vs Non-Renewable Power Source)

9.2.1.1. By Renewable Power Source Type (Solar Vs Wind)

9.2.1.2. By Non-Renewable Power Source Type (Gas Turbine Vs Ic Engines)

9.2.2.  By Capacity (0 MW- 5 MW, 5.1 MW-20 MW, 20.2 MW-100 MW, 100.1 MW-250 MW & Above 250.1 MW)

9.2.3.  By Country (UK, Germany, France, Italy, Spain & Rest of Europe)

9.2.3.1. Germany Floating Power Plant Market Outlook

9.2.3.1.1. Market Size & Forecast

9.2.3.1.1.1. By Value

9.2.3.1.2. Market Share & Forecast

9.2.3.1.2.1. By Source (Renewable Power Source Vs Non-Renewable Power Source)

9.2.3.1.2.1.1. By Renewable Power Source Type (Solar Vs Wind)

9.2.3.1.2.1.2. By Non-Renewable Power Source Type (Gas Turbine Vs Ic Engines)

9.2.3.1.2.2. By Capacity (0 MW- 5 MW, 5.1 MW-20 MW, 20.2 MW-100 MW, 100.1 MW-250 MW & Above 250.1 MW)

9.2.3.2. France Floating Power Plant Market Outlook

9.2.3.2.1. Market Size & Forecast

9.2.3.2.1.1. By Value

9.2.3.2.2. Market Share & Forecast

9.2.3.2.2.1. By Source (Renewable Power Source Vs Non-Renewable Power Source)

9.2.3.2.2.1.1. By Renewable Power Source Type (Solar Vs Wind)

9.2.3.2.2.1.2. By Non-Renewable Power Source Type (Gas Turbine Vs Ic Engines)

9.2.3.2.2.2. By Capacity (0 MW- 5 MW, 5.1 MW-20 MW, 20.2 MW-100 MW, 100.1 MW-250 MW & Above 250.1 MW)

9.2.3.3. United Kingdom Floating Power Plant Market Outlook

9.2.3.3.1. Market Size & Forecast

9.2.3.3.1.1. By Value

9.2.3.3.2. Market Share & Forecast

9.2.3.3.2.1. By Source (Renewable Power Source Vs Non-Renewable Power Source)

9.2.3.3.2.1.1. By Renewable Power Source Type (Solar Vs Wind)

9.2.3.3.2.1.2. By Non-Renewable Power Source Type (Gas Turbine Vs Ic Engines)

9.2.3.3.2.2. By Capacity (0 MW- 5 MW, 5.1 MW-20 MW, 20.2 MW-100 MW, 100.1 MW-250 MW & Above 250.1 MW)

9.2.3.4. Italy Floating Power Plant Market Outlook

9.2.3.4.1. Market Size & Forecast

9.2.3.4.1.1. By Value

9.2.3.4.2. Market Share & Forecast

9.2.3.4.2.1. By Source (Renewable Power Source Vs Non-Renewable Power Source)

9.2.3.4.2.1.1. By Renewable Power Source Type (Solar Vs Wind)

9.2.3.4.2.1.2. By Non-Renewable Power Source Type (Gas Turbine Vs Ic Engines)

9.2.3.4.2.2. By Capacity (0 MW- 5 MW, 5.1 MW-20 MW, 20.2 MW-100 MW, 100.1 MW-250 MW & Above 250.1 MW)

9.2.3.5. Spain Floating Power Plant Market Outlook

9.2.3.5.1. Market Size & Forecast

9.2.3.5.1.1. By Value

9.2.3.5.2. Market Share & Forecast

9.2.3.5.2.1. By Source (Renewable Power Source Vs Non-Renewable Power Source)

9.2.3.5.2.1.1. By Renewable Power Source Type (Solar Vs Wind)

9.2.3.5.2.1.2. By Non-Renewable Power Source Type (Gas Turbine Vs Ic Engines)

9.2.3.5.2.2. By Capacity (0 MW- 5 MW, 5.1 MW-20 MW, 20.2 MW-100 MW, 100.1 MW-250 MW & Above 250.1 MW)

10.    MEA Floating Power Plant Market Outlook

10.1. Market Size & Forecast

10.1.1.    By Value

10.2.  Market Share & Forecast

10.2.1.   By Source (Renewable Power Source Vs Non-Renewable Power Source)

10.2.1.1. By Renewable Power Source Type (Solar Vs Wind)

10.2.1.2. By Non-Renewable Power Source Type (Gas Turbine Vs Ic Engines)

10.2.2.   By Capacity (0 MW- 5 MW, 5.1 MW-20 MW, 20.2 MW-100 MW, 100.1 MW-250 MW & Above 250.1 MW)

10.2.3.   By Country (Saudi Arabia, UAE, Iraq, South Africa & Rest of MEA)  

10.2.3.1. Saudi Arabia Floating Power Plant Market Outlook

10.2.3.1.1.  Market Size & Forecast

10.2.3.1.1.1.  By Value

10.2.3.2.  Market Share & Forecast

10.2.3.2.1.1.  By Source (Renewable Power Source Vs Non-Renewable Power Source)

10.2.3.2.1.1.1.By Renewable Power Source Type (Solar Vs Wind)

10.2.3.2.1.1.2.By Non-Renewable Power Source Type (Gas Turbine Vs Ic Engines)

10.2.3.2.1.2.  By Capacity (0 MW- 5 MW, 5.1 MW-20 MW, 20.2 MW-100 MW, 100.1 MW-250 MW & Above 250.1 MW)

10.2.3.3. UAE Floating Power Plant Market Outlook

10.2.3.3.1.  Market Size & Forecast

10.2.3.3.1.1.  By Value

10.2.3.3.2.  Market Share & Forecast

10.2.3.3.2.1.  By Source (Renewable Power Source Vs Non-Renewable Power Source)

10.2.3.3.2.1.1.By Renewable Power Source Type (Solar Vs Wind)

10.2.3.3.2.1.2.By Non-Renewable Power Source Type (Gas Turbine Vs Ic Engines)

10.2.3.3.2.2.  By Capacity (0 MW- 5 MW, 5.1 MW-20 MW, 20.2 MW-100 MW, 100.1 MW-250 MW & Above 250.1 MW)

10.2.3.4. Iraq Floating Power Plant Market Outlook

10.2.3.4.1.  Market Size & Forecast

10.2.3.4.1.1.  By Value

10.2.3.4.2.  Market Share & Forecast

10.2.3.4.2.1.  By Source (Renewable Power Source Vs Non-Renewable Power Source)

10.2.3.4.2.1.1.By Renewable Power Source Type (Solar Vs Wind)

10.2.3.4.2.1.2.By Non-Renewable Power Source Type (Gas Turbine Vs Ic Engines)

10.2.3.4.2.2.  By Capacity (0 MW- 5 MW, 5.1 MW-20 MW, 20.2 MW-100 MW, 100.1 MW-250 MW & Above 250.1 MW)

10.2.3.5. South Africa Floating Power Plant Market Outlook

10.2.3.5.1.  Market Size & Forecast

10.2.3.5.1.1.  By Value

10.2.3.5.2.  Market Share & Forecast

10.2.3.5.2.1.  By Source (Renewable Power Source Vs Non-Renewable Power Source)

10.2.3.5.2.1.1.By Renewable Power Source Type (Solar Vs Wind)

10.2.3.5.2.1.2.By Non-Renewable Power Source Type (Gas Turbine Vs Ic Engines)

10.2.3.5.2.2.  By Capacity (0 MW- 5 MW, 5.1 MW-20 MW, 20.2 MW-100 MW, 100.1 MW-250 MW & Above 250.1 MW)

11.    Market Dynamics

11.1.  Drivers/Opportunities

11.2.  Challenges/Pitfalls

12.    Market Trends & Deployments

13.    Competitive Landscape

13.1. Company Profiles (Top 10 Companies)

14.    Strategic Recommendations

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