Market Overview

Global Floating Power Plant Market 2018-2022 featuring Key Players: Karadeniz Holding, Ocean Power Technologies, SIMEC Atlantis Energy, Trina Solar, Wartsila, and Yingli Solar -


The "Global
Floating Power Plant market 2018-2022"
report has been added to's

The global floating power plant market in terms of volume, is expected
to grow close to 11,000 MW by 2022.

The report has been prepared based on an in-depth market analysis with
inputs from industry experts. The report covers the market landscape and
its growth prospects over the coming years. The report also includes a
discussion of the key vendors operating in this market.

One trend in the market is hybrid floating solar power plants. Floating
solar power plants face the issue of intermittency, which can be
addressed by incorporating another renewable power system with the
floating solar power plant. The hybrid floating solar power plant helps
provide baseload electricity for floating solar power plants.

According to the report, one driver in the market is need for alternate
power solution. Generally, electric power is supplied over a grid
network, with power being generated from a central location. However, in
an event where a power plant fails or when a power plant is unable to
meet the entire load, it can affect the functioning of critical
facilities such as hospitals, schools, and businesses.

Further, the report states that one challenge in the market is high
project cost. Ocean energy holds immense potential, and while it has
attracted interest from several industry players, it contributes to only
a small share of the final energy generation. The technology has not
taken off as other renewables such as solar and wind.

Key Trends

  • Hybrid Floating Solar Power Plants
  • Development of Floating Offshore Wind
  • Advances in Technology

Key Vendors

  • Karadeniz Holding
  • Ocean Power Technologies
  • SIMEC Atlantis Energy
  • Trina Solar
  • Wartsila
  • Yingli Solar

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Technology

8. Customer Landscape

9. Regional Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

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