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Global Powerships Market Analysis, Share, Trends, Forecast: By Type: Oil-fired, Gas-fired; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Key Trends and Developments in the Market; Competitive Landscape; 2024-2032
Global Powerships Market Outlook
The global powerships market is expected to grow at a CAGR of 20% during the forecast period of 2024-2032.
The global powerships market is driven by the growing demand from the end-users owing to the fuel flexibility. Powerships are used to generate power through oil or natural gas on the basis of fuel availability and the operating conditions of a floating power plant.
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Global Powerships Market: Properties and Applications
A powership is a particular purpose vessel on which a power plant is built to act as a platform for power generation. The powerships market can be broadly categorised based on type into:
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- Oil-Fired
- Gas-Fired
The EMR report looks into the regional markets of powerships like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
Global Powerships Market Analysis
The global powerships market is driven by the growing energy demand across the globe. The rising global population and the growing economic activities are driving this increasing demand for energy. In the upcoming years, the digitalisation of modern economies, electrification of the heating and transport industry, and an increasing number of electronically connected devices will fuel the demand for electricity. Also, adding to the growing demand for energy is the introduction of electric motor systems in industries and the increasing demand for air conditioning services in households. These factors will aid the growth of the global powerships market.
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Global Powerships Market: Competitive Landscape
The report presents a detailed analysis of the following key players in the global powerships market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Karpower International B.V.
- Volkswagen AG
- ABB Ltd
- General Electric Company
- Others
The EMR report gives an in-depth insight into the powerships market by providing a SWOT analysis as well as an analysis of Porter's five forces.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Region |
| Breakup by Type | Oil-fired, Gas-fired |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Karpower International B.V., Volkswagen AG, ABB Ltd, General Electric Company, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Powerships Market Analysis
8.1 Key Industry Highlights
8.2 Global Powerships Historical Market (2018-2023)
8.3 Global Powerships Market Forecast (2024-2032)
8.4 Global Powerships Market by Type
8.4.1 Oil-fired
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Gas-fired
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Powerships Market by Region
8.5.1 North America
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Europe
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Asia Pacific
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Latin America
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Middle East and Africa
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
9 North America Powerships Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Powerships Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
15 Asia Pacific Powerships Market Analysis
15.1 China
15.1.1 Historical Trend (2018-2023)
15.1.2 Forecast Trend (2024-2032)
15.2 Japan
15.2.1 Historical Trend (2018-2023)
15.2.2 Forecast Trend (2024-2032)
15.3 India
15.3.1 Historical Trend (2018-2023)
15.3.2 Forecast Trend (2024-2032)
15.4 ASEAN
15.4.1 Historical Trend (2018-2023)
15.4.2 Forecast Trend (2024-2032)
15.5 Australia
15.5.1 Historical Trend (2018-2023)
15.5.2 Forecast Trend (2024-2032)
15.6 Others
12 Latin America Powerships Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Powerships Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Karpower International B.V.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Volkswagen AG
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 ABB Ltd
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 General Electric Company
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Powerships Market: Key Industry Highlights, 2018 and 2032
2. Global Powerships Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Powerships Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Powerships Historical Market: Breakup by Region (USD Million), 2018-2023
5. Global Powerships Market Forecast: Breakup by Region (USD Million), 2024-2032
6. North America Powerships Historical Market: Breakup by Country (USD Million), 2018-2023
7. North America Powerships Market Forecast: Breakup by Country (USD Million), 2024-2032
8. Europe Powerships Historical Market: Breakup by Country (USD Million), 2018-2023
9. Europe Powerships Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Asia Pacific Powerships Historical Market: Breakup by Country (USD Million), 2018-2023
11. Asia Pacific Powerships Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Latin America Powerships Historical Market: Breakup by Country (USD Million), 2018-2023
13. Latin America Powerships Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Middle East and Africa Powerships Historical Market: Breakup by Country (USD Million), 2018-2023
15. Middle East and Africa Powerships Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Global Powerships Market Structure
Key Questions Answered in the Report
The global powerships market is projected to grow at a CAGR of nearly 20% in the forecast period of 2024-2032.
The major drivers of the industry include the rising demand for energy, rising economic activities, digitalisation of modern economies, electrification of the heating and transport industry, and a rising number of electronically connected devices.
The rising introduction of electric motor systems in industries is expected to be a key trend guiding the growth of the market.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market.
The leading types of powerships in the industry are oil-fired and gas-fired.
The leading players in the market are Karpower International B.V., Volkswagen AG, ABB Ltd, and General Electric Company, among others.
Analyst Review
The global powerships market is primarily being driven by the growth in the demand for energy. Aided by the rising introduction of electric motor systems in industries, the industry is expected to witness a robust growth in the forecast period of 2024-2032, growing at a CAGR of 20%.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on type, the market can be segmented into oil-fired and gas-fired. The major regional markets for powerships are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Karpower International B.V., Volkswagen AG, ABB Ltd, and General Electric Company, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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