Latin America Floating Power Plant Market Size & Outlook

The floating power plant market in Latin America is expected to reach a projected revenue of US$ 190.2 million by 2027. A compound annual growth rate of 10.7% is expected of Latin America floating power plant market from 2019 to 2027.
Revenue, 2018 (US$M)
$76.1
Forecast, 2027 (US$M)
$190.2
CAGR, 2019 - 2027
10.7%
Report Coverage
Latin America

Latin America floating power plant market highlights

  • The Latin America floating power plant market generated a revenue of USD 76.1 million in 2018.
  • The market is expected to grow at a CAGR of 10.7% from 2019 to 2027.
  • In terms of segment, high (greater than 100 mw) was the largest revenue generating power rating in 2018.
  • Medium (20 MW to 100 MW) is the most lucrative power rating segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2019 to 2027.


Latin America data book summary

Market revenue in 2018USD 76.1 million
Market revenue in 2027USD 190.2 million
Growth rate10.7% (CAGR from 2018 to 2027)
Largest segmentHigh (greater than 100 mw)
Fastest growing segmentMedium (20 MW to 100 MW)
Historical data covered2016 - 2017
Base year for estimation2018
Forecast period covered2019 - 2027
Quantitative unitsRevenue in USD million
Market segmentationLow (Less than 20 MW), Medium (20 MW to 100 MW), High (Greater than 100 MW)
Key market players worldwideWartsila Corp, Siemens Energy AG ADR, Kawasaki Heavy Industries Ltd, Floating Power Plant, Ciel and Terre


Other key industry trends

  • In terms of revenue, Latin America region accounted for 8.2% of the global floating power plant market in 2018.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2027.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 893.5 million by 2027.

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Floating Power Plant Market Companies

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Latin America 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 63.6% in 2018. Horizon Databook has segmented the Latin America 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.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America floating power plant market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America floating power plant market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Latin America floating power plant market size, by country, 2016-2027 (US$M)

Latin America Floating Power Plant Market Outlook Share, 2018 & 2027 (US$M)

Latin America floating power plant market size, by country, 2016-2027 (US$M)

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