Global Floating Offshore Wind Growth Opportunities
Government Support, Disruptive Technologies, and Optimized Supply Chains will Drive Cost Reduction and Floating Offshore Wind Deployments
Floating offshore wind technology holds the potential to unlock vast wind resources in deep waters not accessible by traditional fixed-bottom offshore wind farms. However, to further promote the adoption of large-scale floating offshore wind farms, several challenges must be addressed. These farms require significant upfront investments in research, development, and deployment, which can act as substantial entry barriers for many companies, particularly during the early stages of market development. To encourage technology growth, government incentives and support are required to reduce risks and uncertainties for investors and project developers. This Frost & Sullivan study provides a comprehensive understanding of the current state of the global floating offshore wind market and the potential for growth and development until 2030. This analysis will help stakeholders make informed decisions and develop strategies to capitalize on the opportunities presented by this emerging renewable energy sector.
Strategic Imperatives
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Global Floating Offshore Wind Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Growth Opportunity Analysis
Key Findings
Scope of Analysis
Geographic Scope
Questions This Study will Answer
Floating Offshore Wind: An Introduction
Floating Offshore Wind Platforms: An Overview
Floating Offshore Wind Platforms: An Overview (continued)
Impact of Digital Technologies on Floating Offshore Wind Platforms
Impact of Digital Twins on Floating Offshore Wind Platforms
Floating Offshore Wind: Logistics Challenges
Floating Offshore Wind Farms: High-potential Regions
Floating Offshore Wind: Mergers, Collaborations, and Partnerships
Global Floating Offshore Wind Roadmap
Growth Drivers
Growth Restraints
Floating Offshore Wind: Key Trends
Disruptive Technologies to Enhance Efficiency, Reduce Costs, and Improve Viability
Decreasing Cost Economics
Energy Hubs to Optimize Floating Offshore Wind Farms
PPAs to Drive Floating Offshore Wind Capacity Deployments
Green Hydrogen Economy and eFuels
Oil and Gas Companies’ Investments in Floating Offshore Wind
Market Forecasts
Global Floating Offshore Wind Annual Capacity Additions Forecast
Global Floating Offshore Wind Cumulative Installed Capacity Forecast