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Global Floating Offshore Wind Market Report 2025

Floating Offshore Wind Global Market Report 2025 - 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) - Market Size, Trends, And Global Forecast 2025-2034

Floating Offshore Wind Global Market Report 2025

Report Price : $4490.00 | Pages : 200 | Published : June 2025 | Delivery Time: 2-3 business days Info | Format : pdf

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Floating Offshore Wind Global Market Report 2025

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Description Table Of Contents Tables & Figures

Market Insights

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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.

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
Share Share

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

The floating offshore wind market size has grown exponentially in recent years. It will grow from $1.46 billion in 2024 to $2.82 billion in 2025 at a compound annual growth rate (CAGR) of 92.5%. 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.

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 $38.46 billion in 2029 at a compound annual growth rate (CAGR) of 92.2%. 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.

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How Is The Floating Offshore Wind Market Segmented?

The floating offshore wind market 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

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 market.

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.

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 the floating offshore wind market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the floating offshore wind 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?

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    Table Of Contents

    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

    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?

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. For further insights on the Floating Offshore Wind market, request a sample here

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 Floating Offshore Wind 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 the Floating Offshore Wind 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 strongly in recent years. The floating offshore wind market size has grown exponentially in recent years. It will grow from $1.46 billion in 2024 to $2.82 billion in 2025 at a compound annual growth rate (CAGR) of 92.5%. 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 $38.46 billion in 2029 at a compound annual growth rate (CAGR) of 92.2%. 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 the Floating Offshore Wind market, request a sample here

How is the Floating Offshore Wind market segmented?

The floating offshore wind market 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 the Floating Offshore Wind 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 the Floating Offshore Wind market, request a sample here.

Who are the major players in the 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 . For further insights on the Floating Offshore Wind market, request a sample here.

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

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

What are the major opportunities in the Floating Offshore Wind market? What are the strategies for the Floating Offshore Wind market?

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How does the Floating Offshore Wind market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the Floating Offshore Wind industry?

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What are the key dynamics influencing the Floating Offshore Wind market growth? SWOT analysis of the Floating Offshore Wind market.

For detailed insights on the key dynamics influencing the Floating Offshore Wind market growth and SWOT analysis of the Floating Offshore Wind industry, request a sample here.