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The floating wind turbine market is forecasted to grow by USD 7.19 billion during 2023-2028, accelerating at a CAGR of 80.08% during the forecast period. The report on the floating wind turbine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by favorable government regulations for floating wind turbines, change in energy mix, and rise in offshore installations.
The floating wind turbine market is segmented as below:
By Capacity
- Large-scale
- Medium-scale
- Small-scale
By Type
- Semi-submersible
- Spar-buoy
- Others
By Geographical Landscape
- Europe
- Asia
- North America
- Rest of World (ROW)
The report on the floating wind turbine market covers the following areas:
- Floating wind turbine market sizing
- Floating wind turbine market forecast
- Floating wind turbine market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 The Publisher Analysis
3 Market Landscape
4 Market Sizing
5 Additional Value/Volume Data
6 Five Forces Analysis
7 Market Segmentation by Capacity
8 Market Segmentation by Type
9 Customer Landscape
10 Geographic Landscape
11 Drivers, Challenges, and Opportunity/Restraints
12 Competitive Landscape
13 Competitive Analysis
14 Appendix
360 degree market analysis
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global floating wind turbine market: BW Group, Doosan Corp., Eaton Corp. PLC, Electricite de France SA, EnBW Energie Baden Wurttemberg AG, ENERCON GmbH, Envision Group, Equinor ASA, General Electric Co., Hitachi Ltd., Ming Yang Smart Energy Group Ltd., Mitsubishi Heavy Industries Ltd., Naval Group, Nordex SE, Orsted AS, Principle Power Inc., SBM Offshore NV, Siemens AG, Vestas Wind Systems AS, and Xinjiang Goldwind Science and Technology Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is decline in ICOE of wind power generation."
According to the report, one of the major drivers for this market is the favorable government regulations for floating wind turbines.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BW Group
- Doosan Corp.
- Eaton Corp. Plc
- Electricite de France SA
- EnBW Energie Baden Wurttemberg AG
- ENERCON GmbH
- Envision Group
- Equinor ASA
- General Electric Co.
- Hitachi Ltd.
- Ming Yang Smart Energy Group Ltd.
- Mitsubishi Heavy Industries Ltd.
- Naval Group
- Nordex SE
- Orsted AS
- Principle Power Inc.
- SBM Offshore NV
- Siemens AG
- Vestas Wind Systems AS
- Xinjiang Goldwind Science and Technology Co. Ltd.
