Global Floating Wind Power Market Report 2024

Floating Wind Power Global Market Report 2024 – By Foundation Type (Spar-Buoy Foundation, Tension-Leg Platform (TLP) Foundation, Semi-Submersible Foundation, Other Foundations), By Turbine Capacity (Up To 3 MW, 3 MW - 5 MW, Above 5 MW), By Water Depth (Shallow Water, Transitional Water, Deep Water) – Market Size, Trends, And Global Forecast 2024-2033

Floating Wind Power Global Market Report 2024

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Floating Wind Power Market Definition

Floating wind power refers to the generation of electricity using wind turbines that are installed on floating platforms anchored to the seabed in deep waters, typically where conventional fixed-bottom turbines are not feasible. These floating platforms are designed to remain stable despite the motion of the waves, allowing the turbines to capture wind energy from areas with stronger and more consistent winds. Floating wind power has the potential to expand offshore wind energy capacity significantly by accessing deeper ocean areas where wind resources are abundant.

The main types of foundation in the floating wind power market are spar-buoy foundation, tension-leg platform (TLP) foundation, and semi-submersible foundation. A spar-buoy foundation consists of a long, cylindrical structure (the spar) that extends deep into the water, providing stability through ballast and buoyancy. The various turbine capacities include up to 3 mw, 3 mw - 5 mw, and above 5 mw. Additionally, these turbines are deployed in various water depths, including shallow water, transitional water, and deep water.

Floating Wind Power Market Segmentation

The floating wind power market covered in this report is segmented –

1) By Foundation Type: Spar-Buoy Foundation, Tension-Leg Platform (TLP) Foundation, Semi-Submersible Foundation, Other Foundations

2) By Turbine Capacity: Up To 3 MW, 3 MW - 5 MW, Above 5 MW

3) By Water Depth: Shallow Water, Transitional Water, Deep Water

Global Floating Wind Power Market Size 2023 to 2028: Graph

Floating Wind Power Market Size 2024 And Growth Rate

The floating wind power market size has grown exponentially in recent years. It will grow from $3.66 billion in 2023 to $4.91 billion in 2024 at a compound annual growth rate (CAGR) of 34.2%. The growth in the historic period can be attributed to increase in demand for renewable energy, rise in favorable government policies and incentives, increase reduction in carbon emissions, rise in investments in clean energy infrastructure, and the push for energy diversification to reduce reliance on fossil fuels.

Floating Wind Power Market Growth Forecast

The floating wind power market size is expected to see exponential growth in the next few years. It will grow to $15.96 billion in 2028 at a compound annual growth rate (CAGR) of 34.3%. The growth in the forecast period can be attributed to decreasing cost of offshore installations, supportive government policies, increasing energy demand, expanding offshore wind energy potential, growing investments in renewable energy, and rising need for reducing carbon emissions. Major trends in the forecast period include advancements in larger turbine capacities, enhanced floating platform designs, integration with hydrogen production, improved mooring and anchoring technologies, and expanded geographic deployment in deeper waters.

Floating Wind Power Market Driver: Intersection of Renewable Energy Demand and Floating Wind Power Growth

The increasing demand for renewable energy is expected to propel the growth of the floating wind power market going forward. Renewable energy is derived from natural sources replenished on a human timescale, such as sunlight, wind, rain, tides, waves, and geothermal heat. Renewable energy is attributed to naturally replenished sources, such as solar, wind, hydro, geothermal, and biomass, which provide sustainable and environmentally friendly alternatives to fossil fuels. Floating wind power enhances renewable energy by enabling electricity generation in deep offshore waters, where stronger winds lead to higher energy output, expanding the potential for clean, sustainable energy worldwide. For instance, in 2023, according to the International Energy Agency (IEA), a France-based international affairs organization, global annual renewable capacity additions surged by nearly 50% to approximately 510 gigawatts (GW), marking the fastest growth rate in the past two decades. By 2028, global renewable capacity is forecast to reach 7,300 GW. Therefore, the increasing demand for renewable energy drives the floating wind power market.

Global Floating Wind Power Market Major Players

Major companies operating in the floating wind power market are TotalEnergies SE, Mitsubishi Corporation, Engie SA, Hitachi Ltd., General Electric Company, Schneider Electric SE, Siemens Energy AG, ABB Ltd., Hyundai Engineering & Construction Co. Ltd., Shanghai Electric Wind Power Equipment Co., Vestas Wind Systems A/S, Nexans S.A., Rockwell Automation Inc., Goldwind Science & Technology Co. Ltd., Nordex SE, DEME Group, Taiyuan Heavy Industry Co. Ltd., Suzlon Energy Limited, Envision Group, Sinovel Wind Group Co. Ltd., EEW Group, Ming Yang Wind Power Group Limited, Doosan Group, BW Ideol AS, Flowocean AB

Global Floating Wind Power Market Trend: Innovations in Floating Wind Turbine Platforms

Major companies operating in the floating wind power market are developing floating wind turbine platforms to harness offshore wind energy in deeper waters, where traditional fixed-bottom turbines are not feasible, thereby expanding renewable energy capacity and driving innovation in clean energy solutions. A floating wind turbine platform features two rotors mounted on a single floating structure, designed to increase energy capture and improve stability in offshore environments. For instance, in July 2024, Mingyang Smart Energy, a China-based renewable energy company, introduced the Ocean X, the biggest twin-rotor floating wind turbine platform, featuring two MySE8.3-180 hybrid drive wind turbines, each boasting a capacity of 8.3 MW. This platform boasts a high capacity of 16.6 MW and a reduced levelized cost of energy (LCOE) through improved aerodynamic performance and lower material usage. Additionally, it includes advanced anti-typhoon technology, making it suitable for harsh maritime conditions. These developments are expected to enhance the efficiency and deployment of offshore wind projects, providing significant energy output and cost-effectiveness benefits.

Floating Wind Power Market Merger And Acquisition: TEPCO Acquires Flotation Energy to Expand Global Offshore Wind Portfolio

In November 2022, Tokyo Electric Power Company (TEPCO), a Japan-based utility company, acquired 100% of the issued shares of Flotation Energy for an undisclosed amount. This acquisition grants TEPCO access to Flotation Energy's extensive project pipeline, which includes over 12 GW of commercial-scale offshore wind projects across the UK, Ireland, Taiwan, Japan, and Australia. Flotation Energy is a Scotland-based renewable energy company specializing in offshore wind development, focusing on fixed-bottom and floating wind farms.

Regional Insights For The Global Floating Wind Power Market

Europe was the largest region in the floating wind power market in 2023. The regions covered in the floating wind power market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the floating wind power market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The floating wind power market consists of revenues earned by entities by providing services such as feasibility studies and site assessment, design and engineering, and permitting and regulatory compliance. The market value includes the value of related goods sold by the service provider or included within the service offering. The floating wind power market also includes sales of spar-buoy or semi-submersible structures, offshore wind turbines, mooring and anchoring systems, underwater cabling, and floating substations. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The floating wind power market research report is one of a series of new reports from The Business Research Company that provides floating wind power market statistics, including the floating wind power industry global market size, regional shares, competitors with floating wind power market share, detailed floating wind power market segments, market trends, and opportunities, and any further data you may need to thrive in the floating wind power industry. These floating wind power market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Floating Wind Power Market Report Forecast Analysis
Report AttributeDetails
Market Size Value In 2024 $ 5.27 Billion
Revenue Forecast In 2033 $ 6.99 Billion
Growth Rate CAGR of 7.30% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Foundation Type: Spar-Buoy Foundation, Tension-Leg Platform (TLP) Foundation, Semi-Submersible Foundation, Other Foundations
2) By Turbine Capacity: Up To 3 MW, 3 MW - 5 MW, Above 5 MW
3) By Water Depth: Shallow Water, Transitional Water, Deep Water
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled TotalEnergies SE, Mitsubishi Corporation, Engie SA, Hitachi Ltd., General Electric Company, Schneider Electric SE, Siemens Energy AG, ABB Ltd., Hyundai Engineering & Construction Co.Ltd., Shanghai Electric Wind Power Equipment Co., Vestas Wind Systems A/S, Nexans S.A., Rockwell Automation Inc., Goldwind Science & Technology Co. Ltd., Nordex SE, DEME Group, Taiyuan Heavy Industry Co. Ltd., Suzlon Energy Limited, Envision Group, Sinovel Wind Group Co. Ltd., EEW Group, Ming Yang Wind Power Group Limited, Doosan Group, BW Ideol AS, Flowocean AB
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Floating Wind Power Market Characteristics

    3. Floating Wind Power Market Trends And Strategies

    4. Floating Wind Power Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Floating Wind Power Market Size and Growth

    5.1. Global Floating Wind Power Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Floating Wind Power Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Floating Wind Power Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Floating Wind Power Market Segmentation

    6.1. Global Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Spar-Buoy Foundation

    Tension-Leg Platform (TLP) Foundation

    Semi-Submersible Foundation

    Other Foundations

    6.2. Global Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Up To 3 MW

    3 MW – 5 MW

    Above 5 MW

    6.3. Global Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Shallow Water

    Transitional Water

    Deep Water

    7. Floating Wind Power Market Regional And Country Analysis

    7.1. Global Floating Wind Power Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Floating Wind Power Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Floating Wind Power Market

    8.1. Asia-Pacific Floating Wind Power Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Floating Wind Power Market

    9.1. China Floating Wind Power Market Overview

    9.2. China Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Floating Wind Power Market

    10.1. India Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Floating Wind Power Market

    11.1. Japan Floating Wind Power Market Overview

    11.2. Japan Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Floating Wind Power Market

    12.1. Australia Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Floating Wind Power Market

    13.1. Indonesia Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Floating Wind Power Market

    14.1. South Korea Floating Wind Power Market Overview

    14.2. South Korea Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Floating Wind Power Market

    15.1. Western Europe Floating Wind Power Market Overview

    15.2. Western Europe Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Floating Wind Power Market

    16.1. UK Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Floating Wind Power Market

    17.1. Germany Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Floating Wind Power Market

    18.1. France Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Floating Wind Power Market

    19.1. Italy Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Floating Wind Power Market

    20.1. Spain Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Floating Wind Power Market

    21.1. Eastern Europe Floating Wind Power Market Overview

    21.2. Eastern Europe Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Floating Wind Power Market

    22.1. Russia Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Floating Wind Power Market

    23.1. North America Floating Wind Power Market Overview

    23.2. North America Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Floating Wind Power Market

    24.1. USA Floating Wind Power Market Overview

    24.2. USA Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Floating Wind Power Market

    25.1. Canada Floating Wind Power Market Overview

    25.2. Canada Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Floating Wind Power Market

    26.1. South America Floating Wind Power Market Overview

    26.2. South America Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Floating Wind Power Market

    27.1. Brazil Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Floating Wind Power Market

    28.1. Middle East Floating Wind Power Market Overview

    28.2. Middle East Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Floating Wind Power Market

    29.1. Africa Floating Wind Power Market Overview

    29.2. Africa Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Floating Wind Power Market Competitive Landscape And Company Profiles

    30.1. Floating Wind Power Market Competitive Landscape

    30.2. Floating Wind Power Market Company Profiles

    30.2.1. TotalEnergies SE

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Mitsubishi Corporation

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Engie SA

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Hitachi Ltd.

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. General Electric Company

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Floating Wind Power Market Other Major And Innovative Companies

    31.1. Schneider Electric SE

    31.2. Siemens Energy AG

    31.3. ABB Ltd.

    31.4. Hyundai Engineering & Construction Co.Ltd.

    31.5. Shanghai Electric Wind Power Equipment Co.

    31.6. Vestas Wind Systems A/S

    31.7. Nexans S.A.

    31.8. Rockwell Automation Inc.

    31.9. Goldwind Science & Technology Co. Ltd.

    31.10. Nordex SE

    31.11. DEME Group

    31.12. Taiyuan Heavy Industry Co. Ltd.

    31.13. Suzlon Energy Limited

    31.14. Envision Group

    31.15. Sinovel Wind Group Co. Ltd.

    32. Global Floating Wind Power Market Competitive Benchmarking

    33. Global Floating Wind Power Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Floating Wind Power Market

    35. Floating Wind Power Market Future Outlook and Potential Analysis

    35.1 Floating Wind Power Market In 2028 - Countries Offering Most New Opportunities

    35.2 Floating Wind Power Market In 2028 - Segments Offering Most New Opportunities

    35.3 Floating Wind Power Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Floating Wind Power Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Floating Wind Power Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: TotalEnergies SE Financial Performance
  • Figure 75: Mitsubishi Corporation Financial Performance
  • Figure 76: Engie SA Financial Performance
  • Figure 77: Hitachi Ltd. Financial Performance
  • Figure 78: General Electric Company Financial Performance

List Of Figures

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Floating Wind Power Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Floating Wind Power Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Floating Wind Power Market, Segmentation By Foundation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Floating Wind Power Market, Segmentation By Turbine Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Floating Wind Power Market, Segmentation By Water Depth, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: TotalEnergies SE Financial Performance
  • Table 75: Mitsubishi Corporation Financial Performance
  • Table 76: Engie SA Financial Performance
  • Table 77: Hitachi Ltd. Financial Performance
  • Table 78: General Electric Company Financial Performance
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Frequently Asked Questions

What is the definition of the floating wind power market?

Floating wind power refers to the generation of electricity using wind turbines that are installed on floating platforms anchored to the seabed in deep waters, typically where conventional fixed-bottom turbines are not feasible. These floating platforms are designed to remain stable despite the motion of the waves, allowing the turbines to capture wind energy from areas with stronger and more consistent winds. Floating wind power has the potential to expand offshore wind energy capacity significantly by accessing deeper ocean areas where wind resources are abundant. For further insights on the floating wind power market, request a sample here

How will the floating wind power market drivers and restraints affect the floating wind power market dynamics? What forces will shape the floating wind power industry going forward?

The floating wind power market major growth driver - Intersection of Renewable Energy Demand and Floating Wind Power Growth. For further insights on the floating wind power market, request a sample here

What is the forecast market size or the forecast market value of the floating wind power market?

The floating wind power market size has grown exponentially in recent years. It will grow from $3.66 billion in 2023 to $4.91 billion in 2024 at a compound annual growth rate (CAGR) of 34.2%. The growth in the historic period can be attributed to increase in demand for renewable energy, rise in favorable government policies and incentives, increase reduction in carbon emissions, rise in investments in clean energy infrastructure, and the push for energy diversification to reduce reliance on fossil fuels. The floating wind power market size is expected to see exponential growth in the next few years. It will grow to $15.96 billion in 2028 at a compound annual growth rate (CAGR) of 34.3%. The growth in the forecast period can be attributed to decreasing cost of offshore installations, supportive government policies, increasing energy demand, expanding offshore wind energy potential, growing investments in renewable energy, and rising need for reducing carbon emissions. Major trends in the forecast period include advancements in larger turbine capacities, enhanced floating platform designs, integration with hydrogen production, improved mooring and anchoring technologies, and expanded geographic deployment in deeper waters. For further insights on the floating wind power market, request a sample here

How is the floating wind power market segmented?

The floating wind power market is segmented
1) By Foundation Type: Spar-Buoy Foundation, Tension-Leg Platform (TLP) Foundation, Semi-Submersible Foundation, Other Foundations
2) By Turbine Capacity: Up To 3 MW, 3 MW - 5 MW, Above 5 MW
3) By Water Depth: Shallow Water, Transitional Water, Deep Water For further insights on the floating wind power market,
request a sample here

Which region has the largest share of the floating wind power market? What are the other regions covered in the report?

Europe was the largest region in the floating wind power market in 2023. The regions covered in the floating wind power market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the floating wind power market, request a sample here.

Who are the major players in the floating wind power market?

Major companies operating in the floating wind power market are TotalEnergies SE, Mitsubishi Corporation, Engie SA, Hitachi Ltd., General Electric Company, Schneider Electric SE, Siemens Energy AG, ABB Ltd., Hyundai Engineering & Construction Co. Ltd., Shanghai Electric Wind Power Equipment Co., Vestas Wind Systems A/S, Nexans S.A., Rockwell Automation Inc., Goldwind Science & Technology Co. Ltd., Nordex SE, DEME Group, Taiyuan Heavy Industry Co. Ltd., Suzlon Energy Limited, Envision Group, Sinovel Wind Group Co. Ltd., EEW Group, Ming Yang Wind Power Group Limited, Doosan Group, BW Ideol AS, Flowocean AB For further insights on the floating wind power market, request a sample here.

What are the key trends in the floating wind power market?

Major trend in the floating wind power market - Innovations in Floating Wind Turbine Platforms. For further insights on the floating wind power market, request a sample here.

What are the major opportunities in the floating wind power market? What are the strategies for the floating wind power market?

For detailed insights on the major opportunities and strategies in the floating wind power market, request a sample here.

How does the floating wind power market relate to the overall economy and other similar markets?

For detailed insights on floating wind power market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the floating wind power industry?

For detailed insights on the mergers and acquisitions in the floating wind power industry, request a sample here.

What are the key dynamics influencing the floating wind power market growth? SWOT analysis of the floating wind power market.

For detailed insights on the key dynamics influencing the floating wind power market growth and SWOT analysis of the floating wind power industry, request a sample here.