Global Floating Wind Power Market Size Study & Forecast, by Water Depth (Shallow Water, Transitional Water and Deep Water) by Turbine Capacity (Up to 3 MW, 3 MW - 5 MW and Above 5 MW) and Regional Analysis, 2022-2029

Description

List of Tables

Global Floating Wind Power Market is valued at approximately USD 0.29 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 56.5% over the forecast period 2022-2029. Floating wind power is used at offshore locations where a fixed foundation is problematic due to excessively deep water. In the majority of countries throughout the world, offshore wind energy makes a significant contribution to the renewable energy goal. The Floating Wind Power Market is expanding because of factors such as an increasing shift toward clean energy generation, and rising investments in sustainable energy development.

Renewable energy sources are being adopted by developing and poor nations as a result of the rise in power demand and carbon emissions. Wind farms have been developed because renewable energy sources, such as solar and wind, are more effective at lowering carbon emissions. Offshore wind farms now exist due to technological development and study. The demand for floating wind farms has therefore been driven by renewable energy sources. The International Energy Agency's (IEA) 2019 data indicates that offshore wind, including floating wind power, can provide 11 times as much electricity as the world needs and could draw in USD 1 trillion in investments by 2040. According to the IEA Global Energy Investment Report 2021, renewable energy will account for the largest portion of the total USD 530 million, or almost 70%, which may be utilized to build a new power plant. Consumer demand for carbon-neutral electricity has sparked technological advancement and a solid supply chain as the energy vision for the future. In addition, rising government participation would create new opportunities for the market. However, high capital investments may halt market growth.

The key regions considered for the Global Floating Wind Power Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the rising investment in the adoption of renewable energy. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising development of wind farms, and rising investment in renewable energy.

Major market player included in this report are:

Siemens Gamesa Renewable Energy S.A.
MHI Vestas Japan Co. Ltd
FlowOcean AB
Engie Energy
ABB LTD
General Electric
Ming Yang Smart Energy Group Co.
Nordex SE
GoldWind
Envision Energy

Recent Developments in the Market:

In June 2021, Hitachi ABB Power Grids introduced a line of transformer solutions built to withstand the physically demanding circumstances on floating structures as well as the harsh environment. The decision will immediately help the development of a sustainable energy future by enabling a considerably greater capacity of wind to be professionally gathered and incorporated into the global energy system.
In June 2021, Siemens Gamesa and Siemens Energy signed an MoU with Odfjell Oceanwind. To supply power to microgrid or off-grid users, Odfjell Oceanwind creates, acquires, and manages a fleet of floating units.

Global Floating Wind Power Market Report Scope:

Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Water Depth, Turbine Capacity, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Water Depth offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Water Depth:

Shallow Water
Transitional Water
Deep Water

By Turbine Capacity:

Up to 3 MW
3 MW - 5 MW
Above 5 MW

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Floating Wind Power Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Floating Wind Power Market, by Water Depth, 2019-2029 (USD Billion)
- 1.2.3. Floating Wind Power Market, by Turbine Capacity, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Floating Wind Power Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Floating Wind Power Market Dynamics

3.1. Floating Wind Power Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing Shift Toward Clean Energy Generation
  - 3.1.1.2. Rising Investments in the Sustainable Energy Development
- 3.1.2. Market Challenges
  - 3.1.2.1. High Capital Investments
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising government participation
  - 3.1.3.2. Rising technological advancement

Chapter 4. Global Floating Wind Power Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Floating Wind Power Market, by Water Depth

6.1. Market Snapshot
6.2. Global Floating Wind Power Market by Water Depth , Performance - Potential Analysis
6.3. Global Floating Wind Power Market Estimates & Forecasts by Water Depth 2019-2029 (USD Billion)
6.4. Floating Wind Power Market, Sub Segment Analysis
- 6.4.1. Shallow Water
- 6.4.2. Transitional Water
- 6.4.3. Deep Water

Chapter 7. Global Floating Wind Power Market, by Turbine Capacity

7.1. Market Snapshot
7.2. Global Floating Wind Power Market by Turbine Capacity, Performance - Potential Analysis
7.3. Global Floating Wind Power Market Estimates & Forecasts by Turbine Capacity 2019-2029 (USD Billion)
7.4. Floating Wind Power Market, Sub Segment Analysis
- 7.4.1. Up to 3 MW
- 7.4.2. 3 MW - 5 MW
- 7.4.3. Above 5 MW

Chapter 8. Global Floating Wind Power Market, Regional Analysis

8.1. Floating Wind Power Market, Regional Market Snapshot
8.2. North America Floating Wind Power Market
- 8.2.1. U.S. Floating Wind Power Market
  - 8.2.1.1. Water Depth breakdown estimates & forecasts, 2019-2029
  - 8.2.1.2. Turbine Capacity breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Floating Wind Power Market
8.3. Europe Floating Wind Power Market Snapshot
- 8.3.1. U.K. Floating Wind Power Market
- 8.3.2. Germany Floating Wind Power Market
- 8.3.3. France Floating Wind Power Market
- 8.3.4. Spain Floating Wind Power Market
- 8.3.5. Italy Floating Wind Power Market
- 8.3.6. Rest of Europe Floating Wind Power Market
8.4. Asia-Pacific Floating Wind Power Market Snapshot
- 8.4.1. China Floating Wind Power Market
- 8.4.2. India Floating Wind Power Market
- 8.4.3. Japan Floating Wind Power Market
- 8.4.4. Australia Floating Wind Power Market
- 8.4.5. South Korea Floating Wind Power Market
- 8.4.6. Rest of Asia Pacific Floating Wind Power Market
8.5. Latin America Floating Wind Power Market Snapshot
- 8.5.1. Brazil Floating Wind Power Market
- 8.5.2. Mexico Floating Wind Power Market
- 8.5.3. Rest of Latin America Floating Wind Power Market
8.6. Rest of The World Floating Wind Power Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Company Profiles
- 9.2.1. Siemens Gamesa Renewable Energy S.A.
  - 9.2.1.1. Key Information
  - 9.2.1.2. Overview
  - 9.2.1.3. Financial (Subject to Data Availability)
  - 9.2.1.4. Product Summary
  - 9.2.1.5. Recent Developments
- 9.2.2. MHI Vestas Japan Co. Ltd
- 9.2.3. FlowOcean AB
- 9.2.4. Engie Energy
- 9.2.5. ABB LTD
- 9.2.6. General Electric
- 9.2.7. Ming Yang Smart Energy Group Co.
- 9.2.8. Nordex SE
- 9.2.9. GoldWind
- 9.2.10. Envision Energy

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Floating Wind Power Market, report scope
TABLE 2. Global Floating Wind Power Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Floating Wind Power Market estimates & forecasts by Water Depth 2019-2029 (USD Billion)
TABLE 4. Global Floating Wind Power Market estimates & forecasts by Turbine Capacity 2019-2029 (USD Billion)
TABLE 5. Global Floating Wind Power Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Floating Wind Power Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Floating Wind Power Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Floating Wind Power Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Floating Wind Power Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Floating Wind Power Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Floating Wind Power Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Floating Wind Power Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Floating Wind Power Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Floating Wind Power Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Floating Wind Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. U.S. Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. Canada Floating Wind Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. Canada Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. UK Floating Wind Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. UK Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. Germany Floating Wind Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. Germany Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. France Floating Wind Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. France Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. Italy Floating Wind Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. Italy Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Spain Floating Wind Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Spain Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. RoE Floating Wind Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. RoE Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. China Floating Wind Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. China Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. India Floating Wind Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. India Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. Japan Floating Wind Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. Japan Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. South Korea Floating Wind Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. South Korea Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. Australia Floating Wind Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. Australia Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. RoAPAC Floating Wind Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. RoAPAC Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. Brazil Floating Wind Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. Brazil Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Mexico Floating Wind Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Mexico Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. RoLA Floating Wind Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. RoLA Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. Row Floating Wind Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. Row Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Floating Wind Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Floating Wind Power Market
TABLE 70. List of primary sources, used in the study of global Floating Wind Power Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Floating Wind Power Market, research methodology
FIG 2. Global Floating Wind Power Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Floating Wind Power Market, key trends 2021
FIG 5. Global Floating Wind Power Market, growth prospects 2022-2029
FIG 6. Global Floating Wind Power Market, porters 5 force model
FIG 7. Global Floating Wind Power Market, pest analysis
FIG 8. Global Floating Wind Power Market, value chain analysis
FIG 9. Global Floating Wind Power Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Floating Wind Power Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Floating Wind Power Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Floating Wind Power Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Floating Wind Power Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Floating Wind Power Market, regional snapshot 2019 & 2029
FIG 15. North America Floating Wind Power Market 2019 & 2029 (USD Billion)
FIG 16. Europe Floating Wind Power Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Floating Wind Power Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Floating Wind Power Market 2019 & 2029 (USD Billion)
FIG 19. Global Floating Wind Power Market, company Market share analysis (2021)