The floating wind power market would grow at a CAGR of 42.4% over the predicted time frame. The market is expected to increase in value from US$ 4.13 Bn in 2022 to US$ 69.8 Bn in 2030.
The on floating wind power Market, which provides a business strategy, research & development activities, concise outline of the market valuation, valuable insights pertaining to market share, size, supply chain analysis, competitive landscape and regional proliferation of this industry.
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Report Scope of the Floating Wind Power Market
| Report Coverage | Details |
| Market Size in 2022 |
USD 4.13 Billion |
| Market Size by 2030 |
USD 69.8 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 42.4% |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | Water Depth, Turbine Capacity, and Geography |
| Companies Mentioned | General Electric (US),Vestas (Denmark), Siemens Gamesa (Spain), Goldwind (China), Shanghai Electric Wind Power Equipment Co. (China),ABB (Switzerland), Doosan Heavy Industries and Construction (South Korea), Hitachi (Japan), Nordex SE (Germany), EEW (Germany), Nexans, (France), DEME (Belgium), Ming Yang Smart Energy Group Co, China), Envision (China), Rockwell Automation (US), Hyundai Motor Group (South Korea), Schneider Electric (France), Zhejiang Windey Co.(China), Taiyuan Heavy Industry Co., (China), Sinovel(China) |
A recent report provides crucial insights along with application based and forecast information in the Global Floating wind power Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of this market. This study also provides a detailed overview of the opportunities along with the current trends observed in the Floating wind power market.
A quantitative analysis of the industry is compiled for a period of 10 years in order to assist players to grow in the market. Insights on specific revenue figures generated are also given in the report, along with projected revenue at the end of the forecast period.
Companies and Manufacturers Covered
The study covers key players operating in the market along with prime schemes and strategies implemented by each player to hold high positions in the industry. Such a tough vendor landscape provides a competitive outlook of the industry, consequently existing as a key insight. These insights were thoroughly analysed and prime business strategies and products that offer high revenue generation capacities were identified. Key players of the global Floating wind power market are included as given below:
Market Segments
By Water Depth
- Shallow Water
- Transitional water
- Deep Water
By Turbine Capacity
- Up to 3 MW
- 3 MW – 5 MW
- Above 5 MW
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa (MEA)
Report Objectives
- To define, describe, and forecast the global floating wind power market based on product, and region
- To provide detailed information regarding the major factors influencing the growth of the market (drivers, opportunities, and industry-specific challenges)
- To strategically analyze micromarkets1 with respect to individual growth trends, future prospects, and contributions to the total market
- To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
- To forecast the size of market segments with respect to four main regions—North America, Europe, Asia Pacific and the Rest of the World (RoW)2
- To strategically profile key players and comprehensively analyze their product portfolios, market shares, and core competencies3
- To track and analyze competitive developments such as acquisitions, expansions, new product launches, and partnerships in the floating wind power market
Table of Content
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Floating Wind Power Market
5.1. COVID-19 Landscape: Floating Wind Power Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Floating Wind Power Market, By Water Depth
8.1. Floating Wind Power Market, by Water Depth, 2022-2030
8.1.1. Shallow Water
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Transitional water
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Deep Water
8.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Floating Wind Power Market, By Turbine Capacity
9.1. Floating Wind Power Market, by Turbine Capacity, 2022-2030
9.1.1. Up to 3 MW
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. 3 MW – 5 MW
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Above 5 MW
9.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Floating Wind Power Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Water Depth (2017-2030)
10.1.2. Market Revenue and Forecast, by Turbine Capacity (2017-2030)
10.1.3. U.S.
10.1.3.1. Market Revenue and Forecast, by Water Depth (2017-2030)
10.1.3.2. Market Revenue and Forecast, by Turbine Capacity (2017-2030)
10.1.4. Rest of North America
10.1.4.1. Market Revenue and Forecast, by Water Depth (2017-2030)
10.1.4.2. Market Revenue and Forecast, by Turbine Capacity (2017-2030)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Water Depth (2017-2030)
10.2.2. Market Revenue and Forecast, by Turbine Capacity (2017-2030)
10.2.3. UK
10.2.3.1. Market Revenue and Forecast, by Water Depth (2017-2030)
10.2.3.2. Market Revenue and Forecast, by Turbine Capacity (2017-2030)
10.2.4. Germany
10.2.4.1. Market Revenue and Forecast, by Water Depth (2017-2030)
10.2.4.2. Market Revenue and Forecast, by Turbine Capacity (2017-2030)
10.2.5. France
10.2.5.1. Market Revenue and Forecast, by Water Depth (2017-2030)
10.2.5.2. Market Revenue and Forecast, by Turbine Capacity (2017-2030)
10.2.6. Rest of Europe
10.2.6.1. Market Revenue and Forecast, by Water Depth (2017-2030)
10.2.6.2. Market Revenue and Forecast, by Turbine Capacity (2017-2030)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Water Depth (2017-2030)
10.3.2. Market Revenue and Forecast, by Turbine Capacity (2017-2030)
10.3.3. India
10.3.3.1. Market Revenue and Forecast, by Water Depth (2017-2030)
10.3.3.2. Market Revenue and Forecast, by Turbine Capacity (2017-2030)
10.3.4. China
10.3.4.1. Market Revenue and Forecast, by Water Depth (2017-2030)
10.3.4.2. Market Revenue and Forecast, by Turbine Capacity (2017-2030)
10.3.5. Japan
10.3.5.1. Market Revenue and Forecast, by Water Depth (2017-2030)
10.3.5.2. Market Revenue and Forecast, by Turbine Capacity (2017-2030)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Forecast, by Water Depth (2017-2030)
10.3.6.2. Market Revenue and Forecast, by Turbine Capacity (2017-2030)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Water Depth (2017-2030)
10.4.2. Market Revenue and Forecast, by Turbine Capacity (2017-2030)
10.4.3. GCC
10.4.3.1. Market Revenue and Forecast, by Water Depth (2017-2030)
10.4.3.2. Market Revenue and Forecast, by Turbine Capacity (2017-2030)
10.4.4. North Africa
10.4.4.1. Market Revenue and Forecast, by Water Depth (2017-2030)
10.4.4.2. Market Revenue and Forecast, by Turbine Capacity (2017-2030)
10.4.5. South Africa
10.4.5.1. Market Revenue and Forecast, by Water Depth (2017-2030)
10.4.5.2. Market Revenue and Forecast, by Turbine Capacity (2017-2030)
10.4.6. Rest of MEA
10.4.6.1. Market Revenue and Forecast, by Water Depth (2017-2030)
10.4.6.2. Market Revenue and Forecast, by Turbine Capacity (2017-2030)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Water Depth (2017-2030)
10.5.2. Market Revenue and Forecast, by Turbine Capacity (2017-2030)
10.5.3. Brazil
10.5.3.1. Market Revenue and Forecast, by Water Depth (2017-2030)
10.5.3.2. Market Revenue and Forecast, by Turbine Capacity (2017-2030)
10.5.4. Rest of LATAM
10.5.4.1. Market Revenue and Forecast, by Water Depth (2017-2030)
10.5.4.2. Market Revenue and Forecast, by Turbine Capacity (2017-2030)
Chapter 11. Company Profiles
11.1. General Electric (US),
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Vestas (Denmark)
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Siemens Gamesa (Spain),
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Goldwind (China)
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Shanghai Electric Wind Power Equipment Co. (China),
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. ABB (Switzerland)
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Doosan Heavy Industries and Construction (South Korea)
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Hitachi (Japan)
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Nordex SE (Germany)
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. EEW (Germany)
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
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