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EUROPE FLOATING POWER PLANT MARKET FORECAST 2019-2027

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EUROPE FLOATING POWER PLANT MARKET FORECAST 2019-2027

The Europe floating power plant market is forecasted to rise with a 10.26% CAGR over the forecast period of 2019-2027. Europe floating power plant market is mainly driven by the various establishments of floating wind farms & floating solar power plants in the region.

EUROPE FLOATING POWER PLANT MARKET FORECAST 2019-2027

Europe Floating Power Plant Market by Source (Renewable Power Source, Non-Renewable Power Source) by Capacity (0MW-5MW Capacity Floating Power Plant, 1MW-20MW Capacity Floating Power Plant, 1MW-100MW Capacity Floating Power Plant, 1MW-250MW Capacity Floating Power Plant, Above 250MW Capacity Floating Power Plant ) & by Geography

Report Summary

The Europe floating power plant market is forecasted to rise with a 10.26% CAGR over the forecast period of 2019-2027. Europe floating power plant market is mainly driven by the various establishments of floating wind farms & floating solar power plants in the region.

The German market is expected to rise with the highest CAGR in this region. According to Foundation Offshore Wind Energy, there are more than ten floating offshore wind farms in Germany: a significant number, and this is directly impacting the growth of the floating power plant market. In 2018, the UK floating power plant market accounted for the highest revenue share. Its market is mainly driven by the establishments of floating renewable power projects in urban and semi-urban regions. In France, initiatives are being taken by the private organization towards the development of floating power plants and wind farms at a commercial scale.  However, problems associated with the installation of a power plant in water and harsh weather conditions in different European countries are challenging the market growth.

Leading players like Upsolar Global Co. Ltd., Yingli Green Energy Holding Company Limited, Mitsubishi Corporation, Wärtsilä Corporation, Man Diesel & Turbo SE, Vikram Solar Pt. Ltd., Siemens AG, Ideol SA, SeaTwirl AB, Caterpillar Inc., Floating Power Plant, Ciel & Terre International, Kyocera Corporation, General Electric, and Principle Power, Inc. are engaged in this market.

 

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    Table of Contents

    1. RESEARCH SCOPE
      • STUDY GOALS
      • SCOPE OF THE MARKET STUDY
      • WHO WILL FIND THIS REPORT USEFUL?
      • STUDY AND FORECASTING YEARS
    2. RESEARCH METHODOLOGY
      • SOURCES OF DATA
        • SECONDARY DATA
        • PRIMARY DATA
    1. 2 TOP-DOWN APPROACH 9
      • BOTTOM-UP APPROACH
      • DATA TRIANGULATION
    2. EXECUTIVE SUMMARY
      • MARKET SUMMARY
      • KEY FINDINGS
        • NON-RENEWABLE POWER TO DOMINATE THE SOURCE SEGMENT
        • FLOATING POWER PLANTS WITH ABOVE 250MW CAPACITY WILL LEAD THE SEGMENT
        • INCREASING RESEARCH AND DEVELOPMENT OF FLOATING POWER PLANTS WILL CREATE MORE OPPORTUNITIES
    1. MARKET DYNAMICS
      • MARKET DEFINITION & SCOPE
      • MARKET DRIVERS
        • FLOATING POWER PLANTS HAVE AN UPPER HAND OVER LAND BASED POWER PLANTS
        • SCARCITY OF LAND RESULTS IN INSTALLATION OF NEW CAPACITY OVER WATER BODIES
        • CONTINUOUSLY RISING DEMAND FOR POWER
        • RISING DEMAND FOR CLEAN ENERGY
      • MARKET RESTRAINTS
        • HUGE CAPITAL INVESTMENT
      • MARKET OPPORTUNITIES
        • SOLAR POWER BOOMING IN THE ENERGY SECTOR
        • INCREASING POPULARITY OF FLOATING WIND FARMS
      • MARKET CHALLENGES
        • OBSTACLES IN THE INSTALLATION PROCEDURE
    1. MARKET BY SOURCE
      • RENEWABLE POWER SOURCE
      • NON-RENEWABLE POWER SOURCE
    2. MARKET BY CAPACITY
      • 0MW-5MW CAPACITY
      • 1MW-20MW CAPACITY
      • 1MW-100MW CAPACITY
      • 1MW-250MW CAPACITY
      • ABOVE 250MW CAPACITY
    3. KEY ANALYTICS
      • PORTER’S FIVE FORCE MODEL
        • THREAT OF NEW ENTRANTS
        • THREAT OF SUBSTITUTE
        • BARGAINING POWER OF SUPPLIERS
        • BARGAINING POWER OF BUYERS
        • INTENSITY OF COMPETITIVE RIVALRY
      • OPPORTUNITY MATRIX
      • KEY BUYING CRITERIA
      • VALUE CHAIN ANALYSIS
      • VENDOR LANDSCAPE
    4. GEOGRAPHICAL ANALYSIS
      • EUROPE
        • UK
        • FRANCE
        • GERMANY
        • ITALY
        • SPAIN
        • RUSSIA
        • REST OF EUROPE (ROE)
    1. COMPETITIVE LANDSCAPE
      • COMPANY PROFILE
        • SEATWIRL AB
        • FLOATING POWER PLANT
        • UPSOLAR EUROPE CO. LTD.
        • CATERPILLAR INC.
        • KYOCERA CORPORATION
        • MITSUBISHI CORPORATION
        • VIKRAM SOLAR PVT LTD.
        • YINGLI GREEN ENERGY HOLDING COMPANY LIMITED
        • CIEL & TERRE INTERNATIONAL
        • SIEMENS AG
        • MAN DIESEL & TURBO SE
        • IDEOL SA
        • PRINCIPLE POWER, INC.
        • GENERAL ELECTRIC
        • WÄRTSILÄ CORPORATION

    LIST OF TABLES 

    TABLE 1 EUROPE FLOATING POWER PLANT MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

    TABLE 2 EUROPE FLOATING POWER PLANT MARKET, BY SOURCE, 2019-2027 (IN $ MILLION)

    TABLE 3 EUROPE FLOATING POWER PLANT MARKET, BY CAPACITY, 2019-2027 (IN $ MILLION)

    TABLE 4 OPPORTUNITY MATRIX

    TABLE 5 VENDOR LANDSCAPE

    TABLE 6 EUROPE FLOATING POWER PLANT MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

    LIST OF FIGURES 

    FIGURE 1 EUROPE FLOATING POWER PLANT MARKET SHARE, BY SOURCE 2018 & 2027 (%)

    FIGURE 2 EUROPE NON-RENEWABLE POWER SOURCE MARKET, 2019-2027 (IN $ MILLION)

    FIGURE 3 EUROPE ABOVE 250 MW CAPACITY MARKET FOR FLOATING POWER PLANT, 2019-2027 (IN $ MILLION)

    FIGURE 4 REDUCTION IN COST OF ENERGY FROM OFFSHORE WIND PROJECTS (US$/MWH)

    FIGURE 5 EUROPE FLOATING POWER PLANT MARKET, BY RENEWABLE POWER SOURCE, 2019-2027 (IN $ MILLION)

    FIGURE 6 EUROPE FLOATING POWER PLANT MARKET, BY NON-RENEWABLE POWER SOURCE, 2019-2027 (IN $ MILLION)

    FIGURE 7 EUROPE FLOATING POWER PLANT MARKET, BY 0MW-5MW CAPACITY, 2019-2027 (IN $ MILLION)

    FIGURE 8 EUROPE FLOATING POWER PLANT MARKET, BY 5.1MW-20MW CAPACITY, 2019-2027 (IN $ MILLION)

    FIGURE 9 EUROPE FLOATING POWER PLANT MARKET, BY 20.1MW-100MW CAPACITY, 2019-2027 (IN $ MILLION)

    FIGURE 10 EUROPE FLOATING POWER PLANT MARKET, BY 100.1MW-250MW CAPACITY, 2019-2027 (IN $ MILLION)

    FIGURE 11 EUROPE FLOATING POWER PLANT MARKET, BY ABOVE 250MW CAPACITY, 2019-2027 (IN $ MILLION)

    FIGURE 12 PORTER’S FIVE FORCE MODEL

    FIGURE 13 EUROPE FLOATING POWER PLANT MARKET, REGIONAL OUTLOOK, 2018 & 2027, (%)

    FIGURE 14 UK FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)

    FIGURE 15 FRANCE FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)

    FIGURE 16 GERMANY FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)

    FIGURE 17 ITALY FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)

    FIGURE 18 SPAIN FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)

    FIGURE 19 RUSSIA FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)

    FIGURE 20 ROE FLOATING POWER PLANT MARKET, 2019-2027 (IN $ MILLION)

    Segmentation

    1. GEOGRAPHICAL ANALYSIS
      • EUROPE
        • UK
        • FRANCE
        • GERMANY
        • ITALY
        • SPAIN
        • RUSSIA
        • REST OF EUROPE (ROE)
    1. MARKET BY SOURCE
      • RENEWABLE POWER SOURCE
      • NON-RENEWABLE POWER SOURCE
    2. MARKET BY CAPACITY
      • 0MW-5MW CAPACITY
      • 1MW-20MW CAPACITY
      • 1MW-100MW CAPACITY
      • 1MW-250MW CAPACITY
      • ABOVE 250MW CAPACITY

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