Floating Power Plant Market Size, Share, Growth, Report 2025 to 2034

The global floating power plant market size was valued at USD 1.42 billion in 2024 and is estimated to reach around USD 5.46 billion by 2034, exhibiting a compound annual growth rate (CAGR) of 14.41% during the forecast period 2025 to 2034. The floating power plant market is expected to grow as it has been recognized as an innovative option to address electricity needs, particularly in regions where conventional land-based power stations encounter logistical, environmental, or regulatory obstacles.