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Global Floating Wind Power Market Research Report 2023

December 2023 | 89 pages | ID: GEEA21815EE8EN
QYResearch

US$ 2,900.00

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Floating wind power is an offshore wind turbine mounted on a floating structure that allows the turbine to produce electricityin water depths where fixed-foundation turbines are not feasible. offshore wind power plays a significant role in achieving therenewable target in most countries around the world.The floating wind power market is driven by the increasing energydemand and adoption of renewables for energy production.

According to QYResearch’s new survey, global Floating Wind Power market is projected to reach US$ 8218 million in 2029, increasing from US$ 2925 million in 2022, with the CAGR of 15.2% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Floating Wind Power market research.

According to the Global Wind Report 2023 released by the Global Wind Energy Council, by 2024, the newly installed capacity of global onshore wind power will exceed 100GW for the first time; by 2025, the newly installed capacity of global offshore wind power will also reach 25GW. In the next five years, the newly added grid-connected capacity of wind power will reach 680GW. The report also shows that the United States and Europe may experience a supply bottleneck of wind turbines and components in 2025. It recommends that national policymakers take immediate action to increase investment in supply chains to meet their rapid growth in demand and avoid supply chain bottlenecks hindering the development of wind power. In addition, according to Wood Mackenzie statistics, China is the largest and fastest-growing market for wind power generation in the world, accounting for more than half of the market share. Data from the National Energy Administration of China also shows that China's installed wind power capacity ranks first in the world, with a capacity of nearly 400 million kilowatts.

Report Scope

This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Floating Wind Power market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.

By Company
  • Nordex
  • MHI Vestas Offshore Wind
  • GE
  • Siemens Gamesa Renewable Energy
  • Hitachi
  • Envision Energy
  • ABB
  • Suzlon Energy
  • GoldWind
  • Ming Yang Smart Energy Group
Segment by Type
  • Up to 3 MW
  • 3 MW to 5 MW
  • Above 5MW
Segment by Application
  • Shallow Water
  • Transitional Water
  • Deep Water
By Region
  • North America
    • United States
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Russia
    • Nordic Countries
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • Southeast Asia
    • India
    • Australia
    • Rest of Asia
  • Latin America
    • Mexico
    • Brazil
    • Rest of Latin America
  • Middle East & Africa
    • Turkey
    • Saudi Arabia
    • UAE
    • Rest of MEA
The Floating Wind Power report covers below items:

Chapter 1: Product Basic Information (Definition, Type and Application)

Chapter 2: Global market size, regional market size. Market Opportunities and Challenges

Chapter 3: Companies’ Competition Patterns

Chapter 4: Product Type Analysis

Chapter 5: Product Application Analysis

Chapter 6 to 10: Country Level Value Analysis

Chapter 11: Companies’ Outline

Chapter 12: Market Conclusions

Chapter 13: Research Methodology and Data Source
1 REPORT OVERVIEW

1.1 Study Scope
1.2 Market Analysis by Type
  1.2.1 Global Floating Wind Power Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
  1.2.2 Up to 3 MW
  1.2.3 3 MW to 5 MW
  1.2.4 Above 5MW
1.3 Market by Application
  1.3.1 Global Floating Wind Power Market Growth by Application: 2018 VS 2022 VS 2029
  1.3.2 Shallow Water
  1.3.3 Transitional Water
  1.3.4 Deep Water
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered

2 GLOBAL GROWTH TRENDS

2.1 Global Floating Wind Power Market Perspective (2018-2029)
2.2 Floating Wind Power Growth Trends by Region
  2.2.1 Global Floating Wind Power Market Size by Region: 2018 VS 2022 VS 2029
  2.2.2 Floating Wind Power Historic Market Size by Region (2018-2023)
  2.2.3 Floating Wind Power Forecasted Market Size by Region (2024-2029)
2.3 Floating Wind Power Market Dynamics
  2.3.1 Floating Wind Power Industry Trends
  2.3.2 Floating Wind Power Market Drivers
  2.3.3 Floating Wind Power Market Challenges
  2.3.4 Floating Wind Power Market Restraints

3 COMPETITION LANDSCAPE BY KEY PLAYERS

3.1 Global Top Floating Wind Power Players by Revenue
  3.1.1 Global Top Floating Wind Power Players by Revenue (2018-2023)
  3.1.2 Global Floating Wind Power Revenue Market Share by Players (2018-2023)
3.2 Global Floating Wind Power Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Floating Wind Power Revenue
3.4 Global Floating Wind Power Market Concentration Ratio
  3.4.1 Global Floating Wind Power Market Concentration Ratio (CR5 and HHI)
  3.4.2 Global Top 10 and Top 5 Companies by Floating Wind Power Revenue in 2022
3.5 Floating Wind Power Key Players Head office and Area Served
3.6 Key Players Floating Wind Power Product Solution and Service
3.7 Date of Enter into Floating Wind Power Market
3.8 Mergers & Acquisitions, Expansion Plans

4 FLOATING WIND POWER BREAKDOWN DATA BY TYPE

4.1 Global Floating Wind Power Historic Market Size by Type (2018-2023)
4.2 Global Floating Wind Power Forecasted Market Size by Type (2024-2029)

5 FLOATING WIND POWER BREAKDOWN DATA BY APPLICATION

5.1 Global Floating Wind Power Historic Market Size by Application (2018-2023)
5.2 Global Floating Wind Power Forecasted Market Size by Application (2024-2029)

6 NORTH AMERICA

6.1 North America Floating Wind Power Market Size (2018-2029)
6.2 North America Floating Wind Power Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Floating Wind Power Market Size by Country (2018-2023)
6.4 North America Floating Wind Power Market Size by Country (2024-2029)
6.5 United States
6.6 Canada

7 EUROPE

7.1 Europe Floating Wind Power Market Size (2018-2029)
7.2 Europe Floating Wind Power Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Floating Wind Power Market Size by Country (2018-2023)
7.4 Europe Floating Wind Power Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries

8 ASIA-PACIFIC

8.1 Asia-Pacific Floating Wind Power Market Size (2018-2029)
8.2 Asia-Pacific Floating Wind Power Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Floating Wind Power Market Size by Region (2018-2023)
8.4 Asia-Pacific Floating Wind Power Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia

9 LATIN AMERICA

9.1 Latin America Floating Wind Power Market Size (2018-2029)
9.2 Latin America Floating Wind Power Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Floating Wind Power Market Size by Country (2018-2023)
9.4 Latin America Floating Wind Power Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil

10 MIDDLE EAST & AFRICA

10.1 Middle East & Africa Floating Wind Power Market Size (2018-2029)
10.2 Middle East & Africa Floating Wind Power Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Floating Wind Power Market Size by Country (2018-2023)
10.4 Middle East & Africa Floating Wind Power Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE

11 KEY PLAYERS PROFILES

11.1 Nordex
  11.1.1 Nordex Company Detail
  11.1.2 Nordex Business Overview
  11.1.3 Nordex Floating Wind Power Introduction
  11.1.4 Nordex Revenue in Floating Wind Power Business (2018-2023)
  11.1.5 Nordex Recent Development
11.2 MHI Vestas Offshore Wind
  11.2.1 MHI Vestas Offshore Wind Company Detail
  11.2.2 MHI Vestas Offshore Wind Business Overview
  11.2.3 MHI Vestas Offshore Wind Floating Wind Power Introduction
  11.2.4 MHI Vestas Offshore Wind Revenue in Floating Wind Power Business (2018-2023)
  11.2.5 MHI Vestas Offshore Wind Recent Development
11.3 GE
  11.3.1 GE Company Detail
  11.3.2 GE Business Overview
  11.3.3 GE Floating Wind Power Introduction
  11.3.4 GE Revenue in Floating Wind Power Business (2018-2023)
  11.3.5 GE Recent Development
11.4 Siemens Gamesa Renewable Energy
  11.4.1 Siemens Gamesa Renewable Energy Company Detail
  11.4.2 Siemens Gamesa Renewable Energy Business Overview
  11.4.3 Siemens Gamesa Renewable Energy Floating Wind Power Introduction
  11.4.4 Siemens Gamesa Renewable Energy Revenue in Floating Wind Power Business (2018-2023)
  11.4.5 Siemens Gamesa Renewable Energy Recent Development
11.5 Hitachi
  11.5.1 Hitachi Company Detail
  11.5.2 Hitachi Business Overview
  11.5.3 Hitachi Floating Wind Power Introduction
  11.5.4 Hitachi Revenue in Floating Wind Power Business (2018-2023)
  11.5.5 Hitachi Recent Development
11.6 Envision Energy
  11.6.1 Envision Energy Company Detail
  11.6.2 Envision Energy Business Overview
  11.6.3 Envision Energy Floating Wind Power Introduction
  11.6.4 Envision Energy Revenue in Floating Wind Power Business (2018-2023)
  11.6.5 Envision Energy Recent Development
11.7 ABB
  11.7.1 ABB Company Detail
  11.7.2 ABB Business Overview
  11.7.3 ABB Floating Wind Power Introduction
  11.7.4 ABB Revenue in Floating Wind Power Business (2018-2023)
  11.7.5 ABB Recent Development
11.8 Suzlon Energy
  11.8.1 Suzlon Energy Company Detail
  11.8.2 Suzlon Energy Business Overview
  11.8.3 Suzlon Energy Floating Wind Power Introduction
  11.8.4 Suzlon Energy Revenue in Floating Wind Power Business (2018-2023)
  11.8.5 Suzlon Energy Recent Development
11.9 GoldWind
  11.9.1 GoldWind Company Detail
  11.9.2 GoldWind Business Overview
  11.9.3 GoldWind Floating Wind Power Introduction
  11.9.4 GoldWind Revenue in Floating Wind Power Business (2018-2023)
  11.9.5 GoldWind Recent Development
11.10 Ming Yang Smart Energy Group
  11.10.1 Ming Yang Smart Energy Group Company Detail
  11.10.2 Ming Yang Smart Energy Group Business Overview
  11.10.3 Ming Yang Smart Energy Group Floating Wind Power Introduction
  11.10.4 Ming Yang Smart Energy Group Revenue in Floating Wind Power Business (2018-2023)
  11.10.5 Ming Yang Smart Energy Group Recent Development

12 ANALYST'S VIEWPOINTS/CONCLUSIONS


13 APPENDIX

13.1 Research Methodology
  13.1.1 Methodology/Research Approach
  13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details

LIST OF TABLES

Table 1. Global Floating Wind Power Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029
Table 2. Key Players of Up to 3 MW
Table 3. Key Players of 3 MW to 5 MW
Table 4. Key Players of Above 5MW
Table 5. Global Floating Wind Power Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029
Table 6. Global Floating Wind Power Market Size by Region (US$ Million): 2018 VS 2022 VS 2029
Table 7. Global Floating Wind Power Market Size by Region (2018-2023) & (US$ Million)
Table 8. Global Floating Wind Power Market Share by Region (2018-2023)
Table 9. Global Floating Wind Power Forecasted Market Size by Region (2024-2029) & (US$ Million)
Table 10. Global Floating Wind Power Market Share by Region (2024-2029)
Table 11. Floating Wind Power Market Trends
Table 12. Floating Wind Power Market Drivers
Table 13. Floating Wind Power Market Challenges
Table 14. Floating Wind Power Market Restraints
Table 15. Global Floating Wind Power Revenue by Players (2018-2023) & (US$ Million)
Table 16. Global Floating Wind Power Market Share by Players (2018-2023)
Table 17. Global Top Floating Wind Power Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Floating Wind Power as of 2022)
Table 18. Ranking of Global Top Floating Wind Power Companies by Revenue (US$ Million) in 2022
Table 19. Global 5 Largest Players Market Share by Floating Wind Power Revenue (CR5 and HHI) & (2018-2023)
Table 20. Key Players Headquarters and Area Served
Table 21. Key Players Floating Wind Power Product Solution and Service
Table 22. Date of Enter into Floating Wind Power Market
Table 23. Mergers & Acquisitions, Expansion Plans
Table 24. Global Floating Wind Power Market Size by Type (2018-2023) & (US$ Million)
Table 25. Global Floating Wind Power Revenue Market Share by Type (2018-2023)
Table 26. Global Floating Wind Power Forecasted Market Size by Type (2024-2029) & (US$ Million)
Table 27. Global Floating Wind Power Revenue Market Share by Type (2024-2029)
Table 28. Global Floating Wind Power Market Size by Application (2018-2023) & (US$ Million)
Table 29. Global Floating Wind Power Revenue Market Share by Application (2018-2023)
Table 30. Global Floating Wind Power Forecasted Market Size by Application (2024-2029) & (US$ Million)
Table 31. Global Floating Wind Power Revenue Market Share by Application (2024-2029)
Table 32. North America Floating Wind Power Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029
Table 33. North America Floating Wind Power Market Size by Country (2018-2023) & (US$ Million)
Table 34. North America Floating Wind Power Market Size by Country (2024-2029) & (US$ Million)
Table 35. Europe Floating Wind Power Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029
Table 36. Europe Floating Wind Power Market Size by Country (2018-2023) & (US$ Million)
Table 37. Europe Floating Wind Power Market Size by Country (2024-2029) & (US$ Million)
Table 38. Asia-Pacific Floating Wind Power Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029
Table 39. Asia-Pacific Floating Wind Power Market Size by Region (2018-2023) & (US$ Million)
Table 40. Asia-Pacific Floating Wind Power Market Size by Region (2024-2029) & (US$ Million)
Table 41. Latin America Floating Wind Power Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029
Table 42. Latin America Floating Wind Power Market Size by Country (2018-2023) & (US$ Million)
Table 43. Latin America Floating Wind Power Market Size by Country (2024-2029) & (US$ Million)
Table 44. Middle East & Africa Floating Wind Power Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029
Table 45. Middle East & Africa Floating Wind Power Market Size by Country (2018-2023) & (US$ Million)
Table 46. Middle East & Africa Floating Wind Power Market Size by Country (2024-2029) & (US$ Million)
Table 47. Nordex Company Detail
Table 48. Nordex Business Overview
Table 49. Nordex Floating Wind Power Product
Table 50. Nordex Revenue in Floating Wind Power Business (2018-2023) & (US$ Million)
Table 51. Nordex Recent Development
Table 52. MHI Vestas Offshore Wind Company Detail
Table 53. MHI Vestas Offshore Wind Business Overview
Table 54. MHI Vestas Offshore Wind Floating Wind Power Product
Table 55. MHI Vestas Offshore Wind Revenue in Floating Wind Power Business (2018-2023) & (US$ Million)
Table 56. MHI Vestas Offshore Wind Recent Development
Table 57. GE Company Detail
Table 58. GE Business Overview
Table 59. GE Floating Wind Power Product
Table 60. GE Revenue in Floating Wind Power Business (2018-2023) & (US$ Million)
Table 61. GE Recent Development
Table 62. Siemens Gamesa Renewable Energy Company Detail
Table 63. Siemens Gamesa Renewable Energy Business Overview
Table 64. Siemens Gamesa Renewable Energy Floating Wind Power Product
Table 65. Siemens Gamesa Renewable Energy Revenue in Floating Wind Power Business (2018-2023) & (US$ Million)
Table 66. Siemens Gamesa Renewable Energy Recent Development
Table 67. Hitachi Company Detail
Table 68. Hitachi Business Overview
Table 69. Hitachi Floating Wind Power Product
Table 70. Hitachi Revenue in Floating Wind Power Business (2018-2023) & (US$ Million)
Table 71. Hitachi Recent Development
Table 72. Envision Energy Company Detail
Table 73. Envision Energy Business Overview
Table 74. Envision Energy Floating Wind Power Product
Table 75. Envision Energy Revenue in Floating Wind Power Business (2018-2023) & (US$ Million)
Table 76. Envision Energy Recent Development
Table 77. ABB Company Detail
Table 78. ABB Business Overview
Table 79. ABB Floating Wind Power Product
Table 80. ABB Revenue in Floating Wind Power Business (2018-2023) & (US$ Million)
Table 81. ABB Recent Development
Table 82. Suzlon Energy Company Detail
Table 83. Suzlon Energy Business Overview
Table 84. Suzlon Energy Floating Wind Power Product
Table 85. Suzlon Energy Revenue in Floating Wind Power Business (2018-2023) & (US$ Million)
Table 86. Suzlon Energy Recent Development
Table 87. GoldWind Company Detail
Table 88. GoldWind Business Overview
Table 89. GoldWind Floating Wind Power Product
Table 90. GoldWind Revenue in Floating Wind Power Business (2018-2023) & (US$ Million)
Table 91. GoldWind Recent Development
Table 92. Ming Yang Smart Energy Group Company Detail
Table 93. Ming Yang Smart Energy Group Business Overview
Table 94. Ming Yang Smart Energy Group Floating Wind Power Product
Table 95. Ming Yang Smart Energy Group Revenue in Floating Wind Power Business (2018-2023) & (US$ Million)
Table 96. Ming Yang Smart Energy Group Recent Development
Table 97. Research Programs/Design for This Report
Table 98. Key Data Information from Secondary Sources
Table 99. Key Data Information from Primary Sources

LIST OF FIGURES

Figure 1. Global Floating Wind Power Market Size Comparison by Type (2023-2029) & (US$ Million)
Figure 2. Global Floating Wind Power Market Share by Type: 2022 VS 2029
Figure 3. Up to 3 MW Features
Figure 4. 3 MW to 5 MW Features
Figure 5. Above 5MW Features
Figure 6. Global Floating Wind Power Market Size Comparison by Application (2023-2029) & (US$ Million)
Figure 7. Global Floating Wind Power Market Share by Application: 2022 VS 2029
Figure 8. Shallow Water Case Studies
Figure 9. Transitional Water Case Studies
Figure 10. Deep Water Case Studies
Figure 11. Floating Wind Power Report Years Considered
Figure 12. Global Floating Wind Power Market Size (US$ Million), Year-over-Year: 2018-2029
Figure 13. Global Floating Wind Power Market Size, (US$ Million), 2018 VS 2022 VS 2029
Figure 14. Global Floating Wind Power Market Share by Region: 2022 VS 2029
Figure 15. Global Floating Wind Power Market Share by Players in 2022
Figure 16. Global Top Floating Wind Power Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Floating Wind Power as of 2022)
Figure 17. The Top 10 and 5 Players Market Share by Floating Wind Power Revenue in 2022
Figure 18. North America Floating Wind Power Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 19. North America Floating Wind Power Market Share by Country (2018-2029)
Figure 20. United States Floating Wind Power Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 21. Canada Floating Wind Power Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 22. Europe Floating Wind Power Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 23. Europe Floating Wind Power Market Share by Country (2018-2029)
Figure 24. Germany Floating Wind Power Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 25. France Floating Wind Power Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 26. U.K. Floating Wind Power Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 27. Italy Floating Wind Power Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 28. Russia Floating Wind Power Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 29. Nordic Countries Floating Wind Power Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 30. Asia-Pacific Floating Wind Power Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 31. Asia-Pacific Floating Wind Power Market Share by Region (2018-2029)
Figure 32. China Floating Wind Power Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 33. Japan Floating Wind Power Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 34. South Korea Floating Wind Power Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 35. Southeast Asia Floating Wind Power Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 36. India Floating Wind Power Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 37. Australia Floating Wind Power Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 38. Latin America Floating Wind Power Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 39. Latin America Floating Wind Power Market Share by Country (2018-2029)
Figure 40. Mexico Floating Wind Power Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 41. Brazil Floating Wind Power Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 42. Middle East & Africa Floating Wind Power Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 43. Middle East & Africa Floating Wind Power Market Share by Country (2018-2029)
Figure 44. Turkey Floating Wind Power Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 45. Saudi Arabia Floating Wind Power Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 46. Nordex Revenue Growth Rate in Floating Wind Power Business (2018-2023)
Figure 47. MHI Vestas Offshore Wind Revenue Growth Rate in Floating Wind Power Business (2018-2023)
Figure 48. GE Revenue Growth Rate in Floating Wind Power Business (2018-2023)
Figure 49. Siemens Gamesa Renewable Energy Revenue Growth Rate in Floating Wind Power Business (2018-2023)
Figure 50. Hitachi Revenue Growth Rate in Floating Wind Power Business (2018-2023)
Figure 51. Envision Energy Revenue Growth Rate in Floating Wind Power Business (2018-2023)
Figure 52. ABB Revenue Growth Rate in Floating Wind Power Business (2018-2023)
Figure 53. Suzlon Energy Revenue Growth Rate in Floating Wind Power Business (2018-2023)
Figure 54. GoldWind Revenue Growth Rate in Floating Wind Power Business (2018-2023)
Figure 55. Ming Yang Smart Energy Group Revenue Growth Rate in Floating Wind Power Business (2018-2023)
Figure 56. Bottom-up and Top-down Approaches for This Report
Figure 57. Data Triangulation
Figure 58. Key Executives Interviewed


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