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Floating Offshore Wind Power Market

Floating Offshore Wind Power Market Research Report – Segmented By Location of Deployment (Deep Water (higher than 60 m Depth), Shallow Water ( less than 30 m Depth), Transitional Water (30 m to 60 m Depth)) & Region (North America, Europe, APAC, Latin America, Middle East and Africa) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2017 to 2026.


01

Executive Summary

Floating Offshore Wind Power Market from Consainsights analyses the Floating Offshore Wind Power Market in the Energy & Resources industry over the forecast period to 2026.

Floating Offshore Wind Power research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.

Floating Offshore Wind Power segmentation includes Location of Deployment and Geography.

All segmentations encompasses the key innovations and micro & macro trends, companies/manufacturers operating in this space along with their usage and penetration with respect to the wide range of End Users. Additionally, market sizing information along with the key factors such as market drivers, restraints, opportunities and challenges which are likely to be influencing the market growth are outlined in this report.

Based on the Location of Deployment, the Floating Offshore Wind Power Market analysis covers Deep Water (higher than 60 m Depth), Shallow Water ( less than 30 m Depth), Transitional Water (30 m to 60 m Depth).

Key companies operating in the market include MHI Vestas Offshore Wind A/S, General Electric Company, Siemens AG, ABB Ltd., Senvion SA, Doosan Heavy Industries and Construction Co., Ltd, Nexans S.A., Eew Group, A2 SEA, Adwen and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.

Moreover, the competitive analysis includes the companies deals such as Mergers, Acquisitions, Partnerships and so on along with the expansion areas focusing on the additional geographies, future insights for success and market share analysis. Major players strategies include the launch of the innovative product lines along with the emphasis on the partnerships and acquisitions to standardize their market share in the market space.

Market Research methodology includes the triangulation of the data from the data sources such as Primary Market Research approach and Secondary Market Research Approach along with the data from the trade bodies and industry standard publications and data sources. Primary inputs from the industry experts and the market respondents from the respective industries to obtain very critical information to assess the future growth prospects of the market. The final data is triangulated and thoroughly validated considering all the data sources using the bottom-up and the top-down approaches to estimate the market sizing of the individual segments.

  • Revenue Share (%), By Location of Deployment (2019)
    Revenue Share (%), By Location of Deployment (2019)
02

Market Overview

  • The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.
  • The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.
  • The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.
  • Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.
  • Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.
  • As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.
  • The currency used in this report is USD, with the market size indicated in terms of USD million/billion.
  • For companies reporting their revenues in USD, the revenues were taken from their respective annual reports/SEC filings.
  • For companies reporting their revenues in other currencies, the average annual currency conversion rates were used for a particular year to convert the value to USD Market Definition.
03

By Location of Deployment

By Location of Deployment, The Global Floating Offshore Wind Power Market analysis covers Deep Water (higher than 60 m Depth), Shallow Water ( less than 30 m Depth), Transitional Water (30 m to 60 m Depth).

Global Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (Us$ Mn), By Location of Deployment, 2019-2027
Global Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (Us$ Mn), By Location of Deployment, 2019-2027

The Deep Water (higher than 60 m Depth) segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Deep Water (higher than 60 m Depth): Global Floating Offshore Wind Power Market Revenue Opportunity (Us$ Mn)
Deep Water (higher than 60 m Depth): Global Floating Offshore Wind Power Market Revenue Opportunity (Us$ Mn)

The Shallow Water ( less than 30 m Depth) segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Shallow Water ( less than 30 m Depth): Global Floating Offshore Wind Power Market Revenue Opportunity (Us$ Mn)
Shallow Water ( less than 30 m Depth): Global Floating Offshore Wind Power Market Revenue Opportunity (Us$ Mn)

The Transitional Water (30 m to 60 m Depth) segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Transitional Water (30 m to 60 m Depth): Global Floating Offshore Wind Power Market Revenue Opportunity (Us$ Mn)
Transitional Water (30 m to 60 m Depth): Global Floating Offshore Wind Power Market Revenue Opportunity (Us$ Mn)
04

North America

Based on the North America, the Floating Offshore Wind Power Market analysis covers United States, Canada.

North America Map
North America Floating Offshore Wind Power Market Size, 2019-2027 (Us$ Mn)
North America Floating Offshore Wind Power Size, 2019-2027 (Us$ Mn)
North America Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
North America Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
United States Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
United States Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Canada Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Canada Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
05

Europe

Based on the Europe, the Floating Offshore Wind Power Market analysis covers Germany, United Kingdom, France, Spain, Russia, Italy, Rest of Europe.

Europe Map
Europe Floating Offshore Wind Power Market Size, 2019-2027 (Us$ Mn)
Europe Floating Offshore Wind Power Size, 2019-2027 (Us$ Mn)
Europe Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Europe Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Germany Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Germany Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
United Kingdom Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
United Kingdom Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
France Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
France Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Spain Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Spain Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Russia Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Russia Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Italy Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Italy Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Rest of Europe Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Rest of Europe Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
06

Asia-Pacific

Based on the Asia-Pacific, the Floating Offshore Wind Power Market analysis covers China, Japan, India, Southeast Asia, Australia & New Zealand, Rest of Asia-Pacific.

Asia-Pacific Map
Asia-Pacific Floating Offshore Wind Power Market Size, 2019-2027 (Us$ Mn)
Asia-Pacific Floating Offshore Wind Power Size, 2019-2027 (Us$ Mn)
Asia-Pacific Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Asia-Pacific Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
China Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
China Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Japan Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Japan Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
India Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
India Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Southeast Asia Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Southeast Asia Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Australia & New Zealand Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Australia & New Zealand Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Rest of Asia-Pacific Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Rest of Asia-Pacific Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
07

Middle East & Africa

Based on the Middle East & Africa, the Floating Offshore Wind Power Market analysis covers Middle East, Africa, Rest of Middle East & Africa.

Middle East & Africa Map
Middle East & Africa Floating Offshore Wind Power Market Size, 2019-2027 (Us$ Mn)
Middle East & Africa Floating Offshore Wind Power Size, 2019-2027 (Us$ Mn)
Middle East & Africa Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Middle East & Africa Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Middle East Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Middle East Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Africa Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Africa Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Rest of Middle East & Africa Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Rest of Middle East & Africa Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
08

Latin America

Based on the Latin America, the Floating Offshore Wind Power Market analysis covers Brazil, Argentina, Mexico, Colombia, Rest of Latin America.

Latin America Map
Latin America Floating Offshore Wind Power Market Size, 2019-2027 (Us$ Mn)
Latin America Floating Offshore Wind Power Size, 2019-2027 (Us$ Mn)
Latin America Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Latin America Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Brazil Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Brazil Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Argentina Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Argentina Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Mexico Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Mexico Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Colombia Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Colombia Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Rest of Latin America Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
Rest of Latin America Floating Offshore Wind Power Market - Historical, Forecast Market Sizes (US$ MN), By Location of Deployment, 2019-2027
09

Company Analysis

  • MHI Vestas Offshore Wind A/S
  • General Electric Company
  • Siemens AG
  • ABB Ltd.
  • Senvion SA
  • Doosan Heavy Industries and Construction Co., Ltd
  • Nexans S.A.
  • Eew Group
  • A2 SEA
  • Adwen