High capital cost associated with transportation, logistics, and accessibility issues is a key restraint for the growth of the market.

The global floating power plant market is expected to grow from an estimated USD 889.6 Million in 2017 to USD 1,440.1 Million by 2022, at a CAGR of 10.11%, from 2017 to 2022.

The global hybrid power solutions market was valued at USD 432.0 million in 2015, and is expected to grow from USD 466.5 million in 2016 to USD 689.5 million, at a CAGR of 8.13% from 2016 to 2021.

Floating Power Plant Market by Power Source (Non-Renewable (Gas Turbines, IC Engines), Renewable (Solar Panels, Solar Floating Structure, Wind Turbines, Wind Substructure)), Capacity, and Region

Floating Power Plant Market by Power Source, Renewable, Capacity, and Region - Global Forecast to 2022

The report segments the floating power plant market, by power source, into renewable and non-renewable power sources. T

The floating power plant market is expected to grow from an estimated USD 889.6 Million in 2017 to USD 1,440.1 Million by 2022, at a CAGR of 10.11%, from 2017 to 2022.

The factors driving the market includes increasing demand for power, coupled with the lack of power infrastructure, benefits over land based power plants (majorly as it eliminates the land acquisition related problems), and energy efficiency mandates and