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Middle East & Africa Floating Power Plant Market 2019-2027

  • ID: 4773765
  • Report
  • Region: Africa, East Africa, Middle East
  • 92 pages
  • Triton Market Research
UP TO OFF
until Jan 31st 2020
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FEATURED COMPANIES

  • Caterpillar, Inc.
  • General Electric
  • Kyocera Corporation
  • Mitsubishi Corporation
  • Seatwirl Ab
  • Vikram Solar Pvt, Ltd.
  • MORE
Market Outlook
This report on the Middle East & Africa floating power plant market states that the market is expected to boost with a CAGR of 7.36% in the forecast period between 2019 and 2027.

Turkey, Saudi Arabia, The UAE, South Africa and countries that comprise rest of Africa together have been studied in the report on the Middle East & Africa’s floating power plant market.

The rising popularity of floating wind farms is creating numerous growth opportunities for the floating power plant market. Floating wind farms offer advantages such as access to incredible wind resource over deep waters. These off-shore winds are faster on water than on land, and a slight increase in the speed of the wind profits in large energy production. Off-shore wind speeds are faster as compared to land turbines, which shows that faster offshore wind speed is directly proportional to higher energy generation. Thus, governments and various private companies are taking initiatives for developing floating wind farms.

The concept of floating power plants is expected to be a radical step for allowing seamless power supply to distant areas by overcoming the age-old issue of the land unavailability. Floating power plants do not require the acquisition of substantial land areas, which is key to installing any power plant; these power plants require only a water body for installation of either solar panels or wind turbines that are fixed to the polycarbonate base floating on the water bodies such as oceans, lakes, etc. In addition, a key advantage of a floating power plant is that the heating issue of solar panels installed on land is uniquely solved and also results in about 16% enhanced power generation efficiency. Further, the floating power plants also prevent the evaporation of water and support the much-needed availability of water globally, which also acts as a supporting factor for limited land availability to deploy new capacity of floating power plants.

Competitive Outlook
Distinguished players present in the floating power plant market are Mitsubishi Corporation, Principle Power Inc., Ciel & Terre International, Floating Power Plant, Vikram Solar Pvt. Ltd., Wartsila Corporation, Kyocera Corporation, SeaTwirl AB, Ideol S.A., Siemens AG, General Electric, Man Diesel & Turbo SE, Yingli Green Energy Holding Company, Limited, Upsolar Middle East & Africa Co., Ltd. and Caterpillar, Inc.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Caterpillar, Inc.
  • General Electric
  • Kyocera Corporation
  • Mitsubishi Corporation
  • Seatwirl Ab
  • Vikram Solar Pvt, Ltd.
  • MORE
1. Floating Power Plant Market - Summary

2. Industry Outlook
2.1. Market Definition
2.2. Key Insights
2.2.1. Non-Renewable Power To Be The Major Source Segment
2.2.2. Above 250Mw To Be The Foremost In The Capacity Segment
2.2.3. Rise In The Research & Development In Floating Power Plants
2.3. Porter's Five Force Analysis
2.3.1. Threat Of New Entrants
2.3.2. Threat Of Substitute
2.3.3. Bargaining Power Of Suppliers
2.3.4. Bargaining Power Of Buyers
2.3.5. Threat Of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Key Buying Criteria
2.7. Value Chain Analysis
2.8. Market Drivers
2.8.1. Floating Power Plants More Beneficial Over Land-Based Power Plants
2.8.2. Availability Of Less Land Leads To Installation Of New Capacity Over Water Bodies
2.8.3. Rapidly Increasing Demand For Power
2.8.4. Increasing Awareness About Clean Energy
2.9. Market Restraints
2.9.1. High Investment
2.10. Market Opportunities
2.10.1. Increasing Popularity Of Solar Power
2.10.2. Rising Popularity Of Floating Wind Farms
2.11. Market Challenges
2.11.1. Difficulty In Installation

3. Floating Power Plant Market Outlook - By Source
3.1. Renewable Power Source
3.2. Non-Renewable Power Source

4. Floating Power Plant Market Outlook - By Capacity
4.1. 0Mw-5Mw Capacity Floating Power Plants
4.2. 5.1Mw-20Mw Capacity Floating Power Plants
4.3. 20.1Mw-100Mw Capacity Floating Power Plants
4.4. 100.1Mw-250Mw Capacity Floating Power Plants
4.5. Above 250Mw Capacity Floating Power Plants

5. Floating Power Plant Market - Middle East & Africa
5.1. United Arab Emirates
5.2. Turkey
5.3. Saudi Arabia
5.4. South Africa
5.5. Rest Of Middle East And Africa

6. Competitive Landscape
6.1. Company Profile
6.1.1. Seatwirl Ab
6.1.2. Floating Power Plant
6.1.3. Upsolar Middle East & Africa Co., Ltd.
6.1.4. Caterpillar, Inc.
6.1.5. Kyocera Corporation
6.1.6. Mitsubishi Corporation
6.1.7. Vikram Solar Pvt, Ltd.
6.1.8. Yingli Green Energy Holding Company, Limited
6.1.9. Ciel & Terre International
6.1.10. Siemens AG
6.1.11. Man Diesel & Turbo SE
6.1.12. Ideol S.A.
6.1.13. Principle Power, Inc.
6.1.14. General Electric
6.1.15. Wartsila Corporation

7. Methodology & Scope
7.1. Research Scope
7.2. Sources Of Data
7.3. Research Methodology

List of Tables
Table 1: Middle East & Africa Floating Power Plant Market, By Country, 2019-2027 (In $ Million)
Table 2: Market Attractiveness Index
Table 3: Vendor Scorecard
Table 4: Middle East & Africa Floating Power Plant Market, By Source, 2019-2027 (In $ Million)
Table 5: Middle East & Africa Floating Power Plant Market, By Capacity, 2019-2027 (In $ Million)

List of Figures
Figure 1: Middle East & Africa Floating Power Plant Market, By Source, 2018 & 2027 (In %)
Figure 2: Middle East & Africa Non-Renewable Power Source Market, 2019-2027 (In $ Million)
Figure 3: Middle East & Africa Above 250Mw Capacity Market, 2019-2027 (In $ Million)
Figure 4: Porter's Five Force Analysis
Figure 5: Reduction In Cost Of Energy From Off-Shore Wind Projects (Us$/Mwh)
Figure 6: Middle East & Africa Floating Power Plant Market, By Renewable Power Source, 2019-2027 (In $ Million)
Figure 7: Middle East & Africa Floating Power Plant Market, By Non-Renewable Power Source, 2019-2027 (In $ Million)
Figure 8: Middle East & Africa Floating Power Plant Market, By Mw-5Mw Capacity Floating Power Plants, 2019-2027 (In $ Million)
Figure 9: Middle East & Africa Floating Power Plant Market, By 5.1Mw-20Mw Capacity Floating Power Plants, 2019-2027 (In $ Million)
Figure 10: Middle East & Africa Floating Power Plant Market, By 20.1Mw-100Mw Capacity Floating Power Plants, 2019-2027 (In $ Million)
Figure 11: Middle East & Africa Floating Power Plant Market, By 100.1Mw-250Mw Capacity Floating Power Plants, 2019-2027 (In $ Million)
Figure 12: Middle East & Africa Floating Power Plant Market, By Above 250Mw Capacity Floating Power Plants, 2019-2027 (In $ Million)
Figure 13: Middle East & Africa Floating Power Plant Market, Regional Outlook, 2018 & 2027 (In %)
Figure 14: United Arab Emirates Floating Power Plant Market, 2019-2027 (In $ Million)
Figure 15: Turkey Floating Power Plant Market, 2019-2027 (In $ Million)
Figure 16: Saudi Arabia Floating Power Plant Market, 2019-2027 (In $ Million)
Figure 17: South Africa Floating Power Plant Market, 2019-2027 (In $ Million)
Figure 18: Rest Of Middle East & Africa Floating Power Plant Market, 2019-2027 (In $ Million)
Note: Product cover images may vary from those shown
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  • Seatwirl Ab
  • Floating Power Plant
  • Upsolar Middle East & Africa 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 S.A.
  • Principle Power, Inc.
  • General Electric
  • Wartsila Corporation
Note: Product cover images may vary from those shown
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