Floating Power Plants Market Report: Key Trends, Growth & Forecast – Datastring Consulting
Floating power facilities are transforming the energy sector with their sustainable power generation solutions that can be easily scaled up as needed. The global market for floating power plants reached a value of $1.7 billion in 2023 and is forecasted to grow to $3.1 billion by 2030 at a rate of 8.8% CAGR. By 2035, this industry is anticipated to surpass $4.8 billion due to the rising demand for energy sources the progression in floating technologies and the necessity for reliable power systems, in remote and disaster prone regions.