Global Floating Power Plant Market Size & Outlook
Global floating power plant market, 2016-2027 (US$M)
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Global floating power plant market highlights
- The global floating power plant market generated a revenue of USD 930.0 million in 2018 and is expected to reach USD 2,113.3 million by 2027.
- The market is expected to grow at a CAGR (2019 - 2027) of 9.5% by 2027.
- In terms of segment, high (greater than 100 mw) accounted for a revenue of USD 616.6 million in 2018.
- Medium (20 MW to 100 MW) is the most lucrative power rating segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2018.
- Country-wise, Canada is expected to register the highest CAGR from 2019 to 2027.
Global data book summary
| Market revenue in 2018 | USD 930.0 million |
| Market revenue in 2027 | USD 2,113.3 million |
| Growth rate | 9.5% (CAGR from 2018 to 2027) |
| Largest segment | High (greater than 100 mw) |
| Fastest growing segment | Medium (20 MW to 100 MW) |
| Historical data covered | 2016 - 2017 |
| Base year for estimation | 2018 |
| Forecast period covered | 2019 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Low (Less than 20 MW), Medium (20 MW to 100 MW), High (Greater than 100 MW) |
Other key industry trends
- In terms of revenue, the North America accounted for 22.2% of the global floating power plant market in 2018.
- By country, the China is projected to lead the global market in terms of revenue in 2027.
- By country, Canada is the fastest growing regional market and is projected to reach USD 88.8 million by 2027.
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Floating Power Plant Market Scope
Floating Power Plant Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global floating power plant market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to floating power plant market will help companies and investors design strategic landscapes.
High (greater than 100 mw) was the largest segment with a revenue share of 66.3% in 2018. Horizon Databook has segmented the Global floating power plant market based on low (less than 20 mw), medium (20 mw to 100 mw), high (greater than 100 mw) covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Floating Power Plant Power Rating Outlook (Revenue, USD Million, 2016-2027)
- Low (Less than 20 MW)
- Medium (20 MW to 100 MW)
- High (Greater than 100 MW)
- Global Floating Power Plant Power Source Outlook (Revenue, USD Million, 2016-2027)
- Gas Turbines
- IC engines
- Solar
- Wind
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Horizon Databook provides a detailed overview of global-level data and insights on the Global floating power plant market , including forecasts for subscribers. This global databook contains high-level insights into Global floating power plant market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Global floating power plant market size, by regions, 2016-2027 (US$M)
Top 10 countries: Floating power plant market size, 2018 (US$M)
Global floating power plant market share, by power rating, 2018 & 2027 (%, US$M)
Floating power plant market: Opportunity assessment by country
Global floating power plant market, by region, 2018 (US$M)
| Power Rating | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 173.1 | 190.2 | 206.5 | 222.0 | 228.9 | 239.0 | 254.6 | 272.6 | 292.8 | 318.4 | 350.3 | 386.3 | 7.2% |
| Europe | 210.5 | 234.8 | 258.9 | 282.7 | 296.2 | 314.4 | 340.6 | 371.1 | 405.7 | 449.2 | 503.6 | 566.2 | 9.1% |
| Asia Pacific | 275.0 | 312.3 | 350.5 | 389.6 | 415.3 | 448.6 | 494.4 | 547.8 | 609.2 | 685.9 | 781.8 | 893.5 | 11.0% |
| Latin America | 60.0 | 68.0 | 76.1 | 84.4 | 89.8 | 96.7 | 106.4 | 117.6 | 130.5 | 146.6 | 166.8 | 190.2 | 10.7% |
| MEA | 31.4 | 34.8 | 38.1 | 41.3 | 42.9 | 45.1 | 48.5 | 52.4 | 56.8 | 62.3 | 69.2 | 77.1 | 8.2% |
| Overall | 750.0 | 840.0 | 930.0 | 1,020.0 | 1,073.0 | 1,143.9 | 1,244.5 | 1,361.5 | 1,495.0 | 1,662.4 | 1,871.8 | 2,113.3 | 9.6% |
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