LONDON, Sept. 12, 2019 /PRNewswire/ -- Analysis by Component (Power Generation System, Power Distribution System), by Power Output (Up to 72 MW, 72 MW-400 MW, Above 400 MW) and by Vessel Type (Power Barge, Power Ship), Company and Country Analysis and Forecasts
Market Definition:
• Floating LNG Power Vessel is a special Vessel Type of ship that is modified for power generation.
• Floating LNG Power Vessel is generally used in the energy leasing market for short and mid-term contracts.
Market Overview and Trends
• The floating LNG power vessels are eco-friendly in nature and have the potential to reduce carbon footprint.
• The shortage of power infrastructure facility along with massive opportunities provided by the land-based power units is expected to trigger the growth of global floating LNG power vessel market.
• The floating LNG power vessels helps in providing power supplies in remote areas and small islands and helps in meeting their electricity crisis.
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Market Dynamics:
Factors Influencing the Market Growth:
• Increasing demand of power combined with lack of power infrastructure.
• Increase in Hybrid fuel engines.
• Advantages over land-based power plants.
Factors Restraining the Market Growth:
• Huge capital investment required for maintenance and transport facilities
• Big cost difference observed across various regions.
To find out more about this report please contact Sara Peerun at sara.peerun@visiongain.com or refer to our website: https://www.visiongain.com/report/global-floating-lng-power-vessel-market-report-2019-2029/
Market Segmentation 2019-2029:
By Component
• Power Generation System Market, 2019-2029
• Power Distribution System Market, 2019-2029
By Vessel Type
• Power Barge Market, 2019-2029
• Power Ship Market, 2019-2029
By Power Output
• Up to 72 MW Market
• 72 MW-400 MW Market
• Above 400 MW Market
Geographic breakdown
Focused regional forecasts and analysis explore the future opportunities:
• North America Market, 2019-2029
• Europe Market, 2019-2029
• Asia-Pacific Market, 2019-2029
• Latin America Market, 2019-2029
• Middle East Market, 2019-2029
• Africa Market, 2019-2029
Competitive Analysis:
• Chiyoda Corporation developed a LNG-powered floating power plant.
• MODEC developed a floating power plant (power ship), which runs on LNG for power generation.
• Wison Group entered into a strategic cooperation agreement with Shanghai Electric Power Generation Group.
• Wison Group entered into a strategic cooperation agreement with GTT.
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Companies covered in the report include:
Bosch Thermotechnology
Carrier
Caterpillar Inc
Chiyoda Corporation
Green Planet Supply Technologies
Hyundai Heavy Industries Co., Ltd.
IHI Corporation
Karpowership
Kensa Heat Pumps
MAN Diesel & Turbo SE.
Mitsui O.S.K. Lines, Ltd.
Modec, Inc.
Modine
Nortek
Power Barge Corporation
Samsung Heavy Industries Co., Ltd
Sevan Marine Asa
Waller Marine, Inc.
Wartsila Corporation
Wison Group
To discuss this report please e-mail Sara Peerun on sara.peerun@visiongain.com
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