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Global Floating Offshore Wind Market Report 2025

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Floating Offshore Wind Global Market Report 2025

Name: Floating Offshore Wind Global Market Report 2025
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By Component (Turbines, Floating Structures, Subsea Cables, Other Components), By Location (Shallow Water, Deep Water, Transitional Water), By Application (Commercial Power Generation, Research And Development, Other Applications) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Floating Offshore Wind Market Overview

• Floating Offshore Wind market size has reached to $1.46 billion in 2024

• Expected to grow to $37.79 billion in 2029 at a compound annual growth rate (CAGR) of 91.7%

• Growth Driver: Rising Demand For Renewable Energy Fueling The Growth Of The Market Due To Expanding Clean Energy Initiatives

• Market Trend: Revolutionizing Offshore Wind With Semi-Submersible Designs

• Europe was the largest region in 2024.

What Is Covered Under Floating Offshore Wind Market?

Floating offshore wind refers to wind turbines that are mounted on floating platforms, allowing them to be deployed in deeper waters where traditional fixed-bottom turbines are not feasible. The purpose of this technology is to harness wind energy in areas with higher wind speeds, expanding the potential for offshore wind power generation beyond shallow coastal regions.

The main components of floating offshore wind systems include turbines, floating structures, subsea cables, and other elements. A turbine is a rotary mechanical device that extracts energy from fluid flow and converts it into useful work. These systems are used in various locations, including shallow water, deep water, and transitional water, and serve applications such as commercial power generation, research and development, and other uses.

Floating Offshore Wind Market Size and growth rate 2025 to 2029: Graph

What Is The Floating Offshore Wind Market Size 2025 And Growth Rate?

What Is The Floating Offshore Wind Market Growth Forecast?

The floating offshore wind market size is expected to see exponential growth in the next few years. It will grow to $37.79 billion in 2029 at a compound annual growth rate (CAGR) of 91.7%. The growth in the forecast period can be attributed to government policies and regulations, carbon reduction targets, environmental benefits, energy security and independence, and private sector investment. Major trends in the forecast period include digital twin technology, next-generation floating platforms, AI-driven predictive maintenance, dynamic cable innovations, and advanced mooring systems.

The forecast of 91.7% growth over the next five years reflects a modest reduction of 0.6% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. Tariff barriers on large floating platforms, mooring systems, and wind turbine parts may significantly delay project timelines and inflate costs in the emerging U.S. floating offshore wind market. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

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What’s The Trade War Impact On Utilities Industry?

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the utilities sector, particularly in power generation, grid infrastructure, and renewable energy projects. Higher duties on imported equipment such as turbines, transformers, solar panels, and battery storage systems have increased capital and operational costs for utility providers, forcing them to reconsider project timelines or pass on expenses to consumers through higher energy rates. The water and waste management segments are also affected, with tariffs driving up the cost of essential machinery, piping, and treatment technologies. Additionally, retaliatory tariffs have disrupted global supply chains for critical raw materials like rare earth metals used in clean energy technologies, further complicating the transition to sustainable energy sources. The sector must now prioritize domestic sourcing, digitalization, and efficiency-driven innovations to manage escalating costs while ensuring energy security and regulatory compliance.

How Is The Floating Offshore Wind Market Segmented?

1) By Component: Turbines, Floating Structures, Subsea Cables, Other Components

2) By Location: Shallow Water, Deep Water, Transitional Water

3) By Application: Commercial Power Generation, Research And Development, Other Applications

Subsegments:

1) By Turbines: Horizontal Axis Wind Turbines (HAWT), Vertical Axis Wind Turbines (VAWT), Direct-Drive Wind Turbines, Gearbox-based Wind Turbines, High Capacity Wind Turbines

2) By Floating Structures: Spar-Buoy, Semi-Submersible Platform, Tension Leg Platform (TLP), Floating Concrete Structures, Submerged Floating Tunnels (SFT)

3) By Subsea Cables: Power Cables, Fiber Optic Cables, Umbilical Cables

4) By Other Components: Mooring Systems, Anchoring Systems, Ballast Systems, dynamic positioning systems

What Is Driving The Floating Offshore Wind Market? Rising Demand For Renewable Energy Fueling The Growth Of The Market Due To Expanding Clean Energy Initiatives

Increasing demand for renewable energy is expected to propel the growth of the floating offshore wind market going forward. Renewable energy refers to energy that is generated from natural resources that are replenished over time, such as sunlight, wind, rain, tides, waves, geothermal heat, and more. The increasing demand for renewable energy is due to reduced carbon emissions by replacing fossil fuels like coal, oil, and natural gas, which are the primary sources of greenhouse gases (GHGs) such as carbon dioxide (CO2). Floating offshore wind helps renewable energy by harnessing wind power in deeper ocean waters, where traditional fixed turbines can't be deployed, significantly expanding the potential for clean energy generation in areas with strong and consistent winds. For instance, in February 2024, according to a report published by the Energy Information Administration, a US-based government agency, in 2024, solar capacity is expected to grow by 30% (31 GW), while U.S. wind capacity is projected to rise by 5% annually, adding 6 GW in 2023 and 7 GW in 2024. Therefore, the increased renewable energy demand is driving the floating offshore wind industry.

Who Are The Major Players In The Global Floating Offshore Wind Market?

Major companies operating in the floating offshore wind market are Equinor ASA, Hitachi Ltd., Iberdrola S.A., Mitsubishi Heavy Industries, ABB Limited, Ørsted A/S, Prysmian S.p.A., Shanghai Electric Group Company Limited, Siemens Gamesa Renewable Energy S.A., Goldwind Science & Technology Co Ltd. , Guangdong Mingyang Smart Energy Group Co Ltd., General Electric (GE) Renewable Energy, Aker Solutions ASA, Global Energy (Group) Limited, Vattenfall AB , Envision Energy Limited, Principle Power Inc., Naval Energies SAS, Doosan Heavy Industries & Construction Company Limited, BW Ideol AS

What Are The Key Trends Of The Global Floating Offshore Wind Market? Revolutionizing Offshore Wind With Semi-Submersible Designs

Major companies operating in the floating offshore wind market are focusing on technological advancements, such as floating offshore wind technology, to enhance efficiency, scalability, and cost-effectiveness. Floating offshore wind technology refers to a method of generating electricity from wind energy using turbines mounted on floating structures that are anchored to the seabed. For instance, in Mar 2025, Saipem S.p.A., an Italy-based oilfield services company, launched Star1, a semi-submersible floating wind foundation to support next-generation offshore turbines exceeding 20 MW. The technology features a steel semi-submersible design with three arms for enhanced stability, optimized mooring loads, and support for turbines exceeding 20 MW, ready for FEED and deployment in Sicily’s 7 Seas Med (800 GWh/year) and Sardinia’s Ichnusa Wind Power (1.6 TWh/year) projects.

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What Are Latest Mergers And Acquisitions In The Floating Offshore Wind Market? Archer Limited Expands Into Floating Offshore Wind With Acquisition Of Moreld Ocean Wind

In July 2024, Archer Limited, a Norway-based oilfield services company, acquired Moreld Ocean Wind (MOW) for an undisclosed amount. Through this acquisition, ??Archer aims to strengthen its energy services portfolio and support its energy customers' ambitions in the energy transition by entering and capitalizing on the growing floating offshore wind market. Moreld Ocean Wind (MOW), a Norway-based floating offshore wind solutions.

What Is The Regional Outlook For The Global Floating Offshore Wind Market?

Europe was the largest region in the floating offshore wind market in 2024. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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

What Defines the Floating Offshore Wind Market?

The floating offshore wind market consists of revenues earned by entities by providing services such as design and engineering services, manufacturing, fabrication, installation, and maintenance. The market value includes the value of related goods sold by the service provider or included within the service offering. The floating offshore wind market also includes sales of floating foundations, mooring systems, substations, installation vessels and equipment, and maintenance and inspection tools. 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.

How is Market Value Defined and Measured?

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.

What is the Market Assessment and Strategic Outlook for the Floating Offshore Wind Industry?

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

1. Executive Summary

2. Floating Offshore Wind Market Characteristics

3. Floating Offshore Wind Market Trends And Strategies

4. Floating Offshore Wind Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Floating Offshore Wind Growth Analysis And Strategic Analysis Framework

5.1. Global Floating Offshore Wind PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Floating Offshore Wind Market Growth Rate Analysis

5.4. Global Floating Offshore Wind Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Floating Offshore Wind Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Floating Offshore Wind Total Addressable Market (TAM)

6. Floating Offshore Wind Market Segmentation

6.1. Global Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Turbines

Floating Structures

Subsea Cables

Other Components

6.2. Global Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Shallow Water

Deep Water

Transitional Water

6.3. Global Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Commercial Power Generation

Research And Development

Other Applications

6.4. Global Floating Offshore Wind Market, Sub-Segmentation Of Turbines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Horizontal Axis Wind Turbines (HAWT)

Vertical Axis Wind Turbines (VAWT)

Direct-Drive Wind Turbines

Gearbox-Based Wind Turbines

High Capacity Wind Turbines

6.5. Global Floating Offshore Wind Market, Sub-Segmentation Of Floating Structures, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Spar-Buoy

Semi-Submersible Platform

Tension Leg Platform (TLP)

Floating Concrete Structures

Submerged Floating Tunnels (SFT)

6.6. Global Floating Offshore Wind Market, Sub-Segmentation Of Subsea Cables, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Power Cables

Fiber Optic Cables

Umbilical Cables

6.7. Global Floating Offshore Wind Market, Sub-Segmentation Of Other Components, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Mooring Systems

Anchoring Systems

Ballast Systems

Dynamic Positioning Systems

7. Floating Offshore Wind Market Regional And Country Analysis

7.1. Global Floating Offshore Wind Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Floating Offshore Wind Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Floating Offshore Wind Market

8.1. Asia-Pacific Floating Offshore Wind Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Floating Offshore Wind Market

9.1. China Floating Offshore Wind Market Overview

9.2. China Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Floating Offshore Wind Market

10.1. India Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Floating Offshore Wind Market

11.1. Japan Floating Offshore Wind Market Overview

11.2. Japan Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Floating Offshore Wind Market

12.1. Australia Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Floating Offshore Wind Market

13.1. Indonesia Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Floating Offshore Wind Market

14.1. South Korea Floating Offshore Wind Market Overview

14.2. South Korea Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Floating Offshore Wind Market

15.1. Western Europe Floating Offshore Wind Market Overview

15.2. Western Europe Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Floating Offshore Wind Market

16.1. UK Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Floating Offshore Wind Market

17.1. Germany Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Floating Offshore Wind Market

18.1. France Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Floating Offshore Wind Market

19.1. Italy Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Floating Offshore Wind Market

20.1. Spain Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Floating Offshore Wind Market

21.1. Eastern Europe Floating Offshore Wind Market Overview

21.2. Eastern Europe Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Floating Offshore Wind Market

22.1. Russia Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Floating Offshore Wind Market

23.1. North America Floating Offshore Wind Market Overview

23.2. North America Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Floating Offshore Wind Market

24.1. USA Floating Offshore Wind Market Overview

24.2. USA Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Floating Offshore Wind Market

25.1. Canada Floating Offshore Wind Market Overview

25.2. Canada Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Floating Offshore Wind Market

26.1. South America Floating Offshore Wind Market Overview

26.2. South America Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Floating Offshore Wind Market

27.1. Brazil Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Floating Offshore Wind Market

28.1. Middle East Floating Offshore Wind Market Overview

28.2. Middle East Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Floating Offshore Wind Market

29.1. Africa Floating Offshore Wind Market Overview

29.2. Africa Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Floating Offshore Wind Market Competitive Landscape And Company Profiles

30.1. Floating Offshore Wind Market Competitive Landscape

30.2. Floating Offshore Wind Market Company Profiles

30.2.1. Equinor ASA Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Hitachi Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Iberdrola S.A. Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Mitsubishi Heavy Industries Overview, Products and Services, Strategy and Financial Analysis

30.2.5. ABB Limited Overview, Products and Services, Strategy and Financial Analysis

31. Floating Offshore Wind Market Other Major And Innovative Companies

31.1. Ørsted A/S

31.2. Prysmian S.p.A.

31.3. Shanghai Electric Group Company Limited

31.4. Siemens Gamesa Renewable Energy S.A.

31.5. Goldwind Science & Technology Co Ltd.

31.6. Guangdong Mingyang Smart Energy Group Co Ltd.

31.7. General Electric (GE) Renewable Energy

31.8. Aker Solutions ASA

31.9. Global Energy (Group) Limited

31.10. Vattenfall AB

31.11. Envision Energy Limited

31.12. Principle Power Inc.

31.13. Naval Energies SAS

31.14. Doosan Heavy Industries & Construction Company Limited

31.15. BW Ideol AS

32. Global Floating Offshore Wind Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Floating Offshore Wind Market

34. Recent Developments In The Floating Offshore Wind Market

35. Floating Offshore Wind Market High Potential Countries, Segments and Strategies

35.1 Floating Offshore Wind Market In 2029 - Countries Offering Most New Opportunities

35.2 Floating Offshore Wind Market In 2029 - Segments Offering Most New Opportunities

35.3 Floating Offshore Wind Market In 2029 - 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

Table 1: Global Historic Market Growth, 2019-2024, $ Billion

Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Table 3: Global Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Floating Offshore Wind Market, Sub-Segmentation Of Turbines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Floating Offshore Wind Market, Sub-Segmentation Of Floating Structures, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Floating Offshore Wind Market, Sub-Segmentation Of Subsea Cables, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Floating Offshore Wind Market, Sub-Segmentation Of Other Components, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Global Floating Offshore Wind Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Global Floating Offshore Wind Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Asia-Pacific, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: Asia-Pacific, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: Asia-Pacific, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: China, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: China, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: China, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: India, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: India, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: India, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: Japan, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: Japan, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: Japan, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Australia, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Australia, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Australia, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Indonesia, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: Indonesia, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: Indonesia, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: South Korea, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: South Korea, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: South Korea, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: Western Europe, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: Western Europe, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: Western Europe, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: UK, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: UK, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: UK, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: Germany, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: Germany, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: Germany, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: France, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: France, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: France, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: Italy, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: Italy, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: Italy, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Spain, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Spain, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Spain, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Eastern Europe, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Eastern Europe, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Eastern Europe, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Russia, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: Russia, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: Russia, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: North America, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: North America, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: North America, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: USA, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: USA, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: USA, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: Canada, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: Canada, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: Canada, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: South America, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: South America, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: South America, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: Brazil, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: Brazil, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: Brazil, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Middle East, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Middle East, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Middle East, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Africa, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Africa, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 77: Africa, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 78: Equinor ASA Financial Performance

Table 79: Hitachi Ltd. Financial Performance

Table 80: Iberdrola S.A. Financial Performance

Table 81: Mitsubishi Heavy Industries Financial Performance

Table 82: ABB Limited Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2019-2024, $ Billion

Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Figure 3: Global Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Floating Offshore Wind Market, Sub-Segmentation Of Turbines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Floating Offshore Wind Market, Sub-Segmentation Of Floating Structures, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Floating Offshore Wind Market, Sub-Segmentation Of Subsea Cables, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Floating Offshore Wind Market, Sub-Segmentation Of Other Components, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Global Floating Offshore Wind Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Global Floating Offshore Wind Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Asia-Pacific, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: Asia-Pacific, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: Asia-Pacific, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: China, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: China, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: China, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: India, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: India, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: India, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: Japan, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: Japan, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: Japan, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Australia, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Australia, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Australia, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Indonesia, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: Indonesia, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: Indonesia, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: South Korea, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: South Korea, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: South Korea, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: Western Europe, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: Western Europe, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: Western Europe, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: UK, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: UK, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: UK, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: Germany, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: Germany, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: Germany, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: France, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: France, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: France, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: Italy, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: Italy, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: Italy, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Spain, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Spain, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Spain, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Eastern Europe, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Eastern Europe, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Eastern Europe, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Russia, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: Russia, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: Russia, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: North America, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: North America, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: North America, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: USA, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: USA, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: USA, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: Canada, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: Canada, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: Canada, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: South America, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: South America, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: South America, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: Brazil, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: Brazil, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: Brazil, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Middle East, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Middle East, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Middle East, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Africa, Floating Offshore Wind Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Africa, Floating Offshore Wind Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 77: Africa, Floating Offshore Wind Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 78: Equinor ASA Financial Performance

Figure 79: Hitachi Ltd. Financial Performance

Figure 80: Iberdrola S.A. Financial Performance

Figure 81: Mitsubishi Heavy Industries Financial Performance

Figure 82: ABB Limited Financial Performance

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Frequently Asked Questions

What is the definition of the Floating Offshore Wind market?

How will the Floating Offshore Wind market drivers and restraints affect the market dynamics? What forces will shape the Floating Offshore Wind industry going forward?

The market major growth driver - Rising Demand For Renewable Energy Fueling The Growth Of The Market Due To Expanding Clean Energy Initiatives. For further insights on this market, request a sample here

What is the forecast market size or the forecast market value of the Floating Offshore Wind market?

The floating offshore wind market size has grown exponentially in recent years. It will grow from $1.46 billion in 2024 to $2.8 billion in 2025 at a compound annual growth rate (CAGR) of 91.4%. The growth in the historic period can be attributed to increasing focus on clean energy, increasing energy demand and sustainability, growing need for energy security and diversification, growing acceptance for stability and versatility, and growing demand for sustainable energy solutions. The floating offshore wind market size is expected to see exponential growth in the next few years. It will grow to $37.79 billion in 2029 at a compound annual growth rate (CAGR) of 91.7%. The growth in the forecast period can be attributed to government policies and regulations, carbon reduction targets, environmental benefits, energy security and independence, and private sector investment. Major trends in the forecast period include digital twin technology, next-generation floating platforms, AI-driven predictive maintenance, dynamic cable innovations, and advanced mooring systems. For further insights on this market, request a sample here

How is the Floating Offshore Wind market segmented?

The floating offshore windmarket covered in this report is segmented –
1) By Component: Turbines, Floating Structures, Subsea Cables, Other Components
2) By Location: Shallow Water, Deep Water, Transitional Water
3) By Application: Commercial Power Generation, Research And Development, Other Applications Subsegments:
1) By Turbines: Horizontal Axis Wind Turbines (HAWT), Vertical Axis Wind Turbines (VAWT), Direct-Drive Wind Turbines, Gearbox-based Wind Turbines, High Capacity Wind Turbines
2) By Floating Structures: Spar-Buoy, Semi-Submersible Platform, Tension Leg Platform (TLP), Floating Concrete Structures, Submerged Floating Tunnels (SFT)
3) By Subsea Cables: Power Cables, Fiber Optic Cables, Umbilical Cables
4) By Other Components: Mooring Systems, Anchoring Systems, Ballast Systems, Dynamic Positioning Systems For further insights on this market, request a sample here

Which region has the largest share of the Floating Offshore Wind market? What are the other regions covered in the report?

Europe was the largest region in the floating offshore wind market in 2024. The regions covered in the floating offshore wind market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on this market, request a sample here.

Who are the major players in the Floating Offshore Wind market?

What are the key trends in the Floating Offshore Wind market?

Major trends in this market include Revolutionizing Offshore Wind With Semi-Submersible Designs. For further insights on this market, request a sample here.