Global Floating Offshore Wind Market Growth (Status and Outlook) 2024-2030

Global Floating Offshore Wind Market Growth (Status and Outlook) 2024-2030

Floating Offshore Wind refers to wind turbines mounted on floating structures that are anchored to the seabed but not fixed directly to it. This technology allows for the placement of wind turbines in deeper waters where traditional fixed-bottom turbines are not feasible, harnessing stronger and more consistent wind resources. Floating offshore wind farms have the potential to significantly expand the capacity and efficiency of renewable energy generation, contributing to energy diversification and the reduction of greenhouse gas emissions. This innovation addresses challenges related to ocean depth, environmental impact, and the logistics of offshore wind energy deployment.

The global Floating Offshore Wind market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LPI (LP Information)' newest research report, the “Floating Offshore Wind Industry Forecast” looks at past sales and reviews total world Floating Offshore Wind sales in 2022, providing a comprehensive analysis by region and market sector of projected Floating Offshore Wind sales for 2023 through 2029. With Floating Offshore Wind sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Floating Offshore Wind industry.

This Insight Report provides a comprehensive analysis of the global Floating Offshore Wind landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Floating Offshore Wind portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Floating Offshore Wind market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Floating Offshore Wind and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Floating Offshore Wind.

United States market for Floating Offshore Wind is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Floating Offshore Wind is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Floating Offshore Wind is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Floating Offshore Wind players cover Siemens, Vestas, Hitachi, Mitsubishi, Aerodyn, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Floating Offshore Wind market by product type, application, key players and key regions and countries.

Segmentation by Type:
Spar
Semi-submersible
Tension-leg
Others

Segmentation by Application:
Below 1 MW
1-3 MW
3-5 MW
Above 5 MW

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
Spar
Semi-submersible
Tension-leg
Others

Segmentation by Application:
Below 1 MW
1-3 MW
3-5 MW
Above 5 MW

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Siemens
Vestas
Hitachi
Mitsubishi
Aerodyn
Enerocean
Unison
Mingyang Smart Energy
TBC The Blue Circle
Subaru

Please note: The report will take approximately 2 business days to prepare and deliver.