Market Research Future - Premium Research Reports Floating Power Plant Market 2017-2023
Floating Power Plant Market Set to Grow at
5.65% CAGR by 2023
Market Highlights:
Market Research Future published a half cooked research report on Global Floating Power Plant Market.
The Floating Power Plant Market is expected to grow over the CAGR of around 5.65% during the period
2017 to 2023.
Globally, the need for uninterrupted electricity supply is growing because of the rising world population,
climbing income levels and industrialization. Enabling the remote regions, with power by constructing
new power generation facilities is very difficult as it involves high capital cost and several environmental
concerns. Also, huge land area is necessary for the construction of coal, wind and solar power plants
which has constraints in many countries. Floating power plants can help overcome this challenge and
can provide power continuously with the ability to be relocated. However, the high capital cost of
floating power plant and the high level of complexity involved in the design of the systems, will act as
restrains for the floating power plant market, globally.
Key Players:
The key players of Global floating power plant market are Sungrow Power Supply Co., Ltd (China),
Wärtsilä (Finland), KYOCERA TCL Solar (Japan), Floating Power Plant A/S (Denmark), MAN Diesel & Turbo
SE (Germany), Principle Power, INC. (U.S.), Karadeniz Energy Group's (Turkey), Power Barge Corporation
(US), Novaton Erneuerbare Energien AG (Switzerland), Rosatom State Atomic Energy Corporation
(Russia) and Ciel & Terre International (France).
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