Floating Offshore Wind Power Market by Water Depth (Deep Water, Shallow Water, Transitional Water), Turbine Capacity (3 MW – 5 MW, Above 5 MW, Up to 3 MW) - Global Forecast 2024-2030

Floating Offshore Wind Power Market by Water Depth (Deep Water, Shallow Water, Transitional Water), Turbine Capacity (3 MW – 5 MW, Above 5 MW, Up to 3 MW) - Global Forecast 2024-2030


The Floating Offshore Wind Power Market size was estimated at USD 307.34 million in 2023 and expected to reach USD 328.75 million in 2024, at a CAGR 7.02% to reach USD 494.21 million by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Floating Offshore Wind Power Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Floating Offshore Wind Power Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Floating Offshore Wind Power Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Alstom SA, Engie SA, Envision Energy, Flowocean AB, General Electric, Hitachi Ltd., MHI Vestas, Ming Yang Smart Energy Group Co., Mitsubishi Heavy Industries, Ltd., Nordex SE, Rockwell Automation, Inc., Siemens Gamesa Renewable Energy S.A., Suzlon Energy Limited, and Xinjiang Goldwind Science & Technology Co., Ltd.,.

Market Segmentation & Coverage



This research report categorizes the Floating Offshore Wind Power Market to forecast the revenues and analyze trends in each of the following sub-markets:

Water Depth
Deep Water
Shallow Water
Transitional Water
Turbine Capacity
3 MW – 5 MW
Above 5 MW
Up to 3 MW
Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas
Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam
Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Floating Offshore Wind Power Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Floating Offshore Wind Power Market?
3. What are the technology trends and regulatory frameworks in the Floating Offshore Wind Power Market?
4. What is the market share of the leading vendors in the Floating Offshore Wind Power Market?
5. Which modes and strategic moves are suitable for entering the Floating Offshore Wind Power Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Floating Offshore Wind Power Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Expanding industrialization and demand for power supply
5.1.1.2. Government initiatives towards renewable energy
5.1.1.3. Need for cost-effective power generation
5.1.2. Restraints
5.1.2.1. FOWP component failures and maintenance cost
5.1.3. Opportunities
5.1.3.1. New developments in floating offshore wind power
5.1.3.2. Surge in investment and R&D for FOWP
5.1.4. Challenges
5.1.4.1. Impact of corrosion erosion, and lightning strikes on FOWP
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Floating Offshore Wind Power Market, by Water Depth
6.1. Introduction
6.2. Deep Water
6.3. Shallow Water
6.4. Transitional Water
7. Floating Offshore Wind Power Market, by Turbine Capacity
7.1. Introduction
7.2. 3 MW – 5 MW
7.3. Above 5 MW
7.4. Up to 3 MW
8. Americas Floating Offshore Wind Power Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Floating Offshore Wind Power Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam
10. Europe, Middle East & Africa Floating Offshore Wind Power Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. ABB Ltd.
12.1.2. Alstom SA
12.1.3. Engie SA
12.1.4. Envision Energy
12.1.5. Flowocean AB
12.1.6. General Electric
12.1.7. Hitachi Ltd.
12.1.8. MHI Vestas
12.1.9. Ming Yang Smart Energy Group Co.
12.1.10. Mitsubishi Heavy Industries, Ltd.
12.1.11. Nordex SE
12.1.12. Rockwell Automation, Inc.
12.1.13. Siemens Gamesa Renewable Energy S.A.
12.1.14. Suzlon Energy Limited
12.1.15. Xinjiang Goldwind Science & Technology Co., Ltd.,
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
FIGURE 1. FLOATING OFFSHORE WIND POWER MARKET RESEARCH PROCESS
FIGURE 2. FLOATING OFFSHORE WIND POWER MARKET SIZE, 2023 VS 2030
FIGURE 3. FLOATING OFFSHORE WIND POWER MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. FLOATING OFFSHORE WIND POWER MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. FLOATING OFFSHORE WIND POWER MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. FLOATING OFFSHORE WIND POWER MARKET DYNAMICS
FIGURE 7. FLOATING OFFSHORE WIND POWER MARKET SIZE, BY WATER DEPTH, 2023 VS 2030 (%)
FIGURE 8. FLOATING OFFSHORE WIND POWER MARKET SIZE, BY WATER DEPTH, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. FLOATING OFFSHORE WIND POWER MARKET SIZE, BY TURBINE CAPACITY, 2023 VS 2030 (%)
FIGURE 10. FLOATING OFFSHORE WIND POWER MARKET SIZE, BY TURBINE CAPACITY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS FLOATING OFFSHORE WIND POWER MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS FLOATING OFFSHORE WIND POWER MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES FLOATING OFFSHORE WIND POWER MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES FLOATING OFFSHORE WIND POWER MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC FLOATING OFFSHORE WIND POWER MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC FLOATING OFFSHORE WIND POWER MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA FLOATING OFFSHORE WIND POWER MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA FLOATING OFFSHORE WIND POWER MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. FLOATING OFFSHORE WIND POWER MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 20. FLOATING OFFSHORE WIND POWER MARKET SHARE, BY KEY PLAYER, 2023

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