Floating Power Plant Market is segmented By Power Source (Non-renewable, Renewable), By Capacity (Me...
Market Size in USD Bn
CAGR9.1%
Study Period | 2025-2032 |
Base Year of Estimation | 2024 |
CAGR | 9.1% |
Market Concentration | High |
Major Players | Ciel & Terre International, Caterpillar Inc., Floating Power Plant A/S, General Electric Company, Siemens Gas and Power GmbH & Co., and Among Others |
The floating power plant market is estimated to be valued at USD 1.67 Bn in 2025 and is expected to reach USD 3.07 Bn by 2032, growing at a compound annual growth rate (CAGR) of 9.11% from 2025 to 2032. The floating power plant market is expected to witness significant growth as land constraints become a challenge for conventional power plants.