June 10, 2024

Floating Wind Power Market Size to Grow US$ 69.8 Billion By 2030

The global floating wind power market size was estimated at US$ 2.9  billion in 2021 and is anticipated to grow US$ 69.8  billion by 2030, registering a CAGR of 42.4% from 2022 to 2030.

Floating Wind Power Market Size 2022 To 2030

The floating wind power market report covering various industry elements and growth trends helpful for predicting the market’s future.

The study provides a strong base for the floating wind power m arket to be segmented into different segments. In fact, the study also covers the maximum market share during the assessment period by 2030.

This study is based on the partners that are highly competitive, key players as well as their market revenue in the forecast years of 2022 to 2030. There is also a strong focus on product revenues, sales, product categories and even the products that are experiencing the most traction. In this manner, the floating wind power report also speaks about the effectiveness of this market along with its growth during the forecast period of 2030. Other major attributes of the floating wind power market have been studied and analysed across many developments.

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

Research Approach

The comprehensive report on the global floating wind power market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global floating wind power market.

It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

Key Players

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)

Market Segmentations

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)

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

Why should you invest in this report?

If you are aiming to enter the global floating wind power market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for floating wind power are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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