Offshore Wind Turbine Installation Vessels Market Size, Share, & Forecast by Vessel Type (Jack-Up, Floater, Crane Vessels), Crane Capacity (tonnes), Deck Space, and Water Depth Capability- Global Forecasts (2026-2036)

Description

Offshore Wind Turbine Installation Vessels Market by Vessel Type (Jack-Up, Floater, Crane Vessels), Crane Capacity (tonnes), Deck Space, and Water Depth Capability - Global Forecasts (2026-2036)

According to the research report titled, 'Offshore Wind Turbine Installation Vessels Market by Vessel Type (Jack-Up, Floater, Crane Vessels), Crane Capacity (tonnes), Deck Space, and Water Depth Capability- Global Forecasts (2026-2036),' the global offshore wind turbine installation vessels market is expected to reach USD 7.23 billion by 2036 from USD 3.41 billion in 2026, at a CAGR of 7.8% from 2026 to 2036.

Offshore Wind Turbine Installation Vessels (WTIVs) are specialized maritime vessels designed and equipped to transport, lift, and install large offshore wind turbine components including foundations, transition pieces, towers, nacelles, and rotor blades in marine environments. These sophisticated vessels incorporate advanced capabilities including heavy-lift crane systems with capacities exceeding 1,000-3,000 tonnes for next-generation turbines, dynamic positioning systems maintaining precise vessel positioning in deep water, jack-up legs enabling self-elevating platforms creating stable work platforms above wave action in shallow to medium depths, large deck spaces accommodating multiple turbine sets (foundations, towers, nacelles, blades), motion compensation systems allowing safe lifting operations in moderate sea states, and accommodation facilities housing 60-150+ personnel including installation crews, client representatives, and support staff. By providing stable offshore platforms for precision heavy-lift operations, these vessels enable the offshore wind industry to install increasingly large turbines in progressively deeper waters farther from shore, addressing the fundamental challenge that offshore wind components-modern turbines exceed 15 MW with rotor diameters over 240 meters and total weights exceeding 2,000 tonnes-cannot be installed using conventional marine equipment, requiring purpose-built vessels representing investments of $200-500 million each.

Key Players

The key players operating in the global offshore wind turbine installation vessels market are Jan De Nul Group (Luxembourg), Van Oord (Netherlands), Boskalis (Netherlands), DEME Group (Belgium), Seaway 7 (Norway), Cadeler A/S (Denmark), Eneti Inc. (Monaco), Fred. Olsen Windcarrier (Norway), and others.

Market Segmentation

The offshore wind turbine installation vessels market is segmented by vessel type (jack-up, floater, crane vessels), crane capacity (tonnes), deck space, water depth capability, and geography. The study also evaluates industry competitors and analyzes the market at the country level.

By Vessel Type

Based on vessel type, the jack-up installation vessels segment is estimated to hold the largest share of the market in 2026, driven by suitability for majority of current offshore wind water depths (0-65 meters), proven technology with extensive operational track record, and large existing fleet deployed globally.

By Crane Capacity

Based on crane capacity, the 1,000-2,000 tonne segment is expected to witness the highest growth during the forecast period, driven by turbine size growth requiring larger lifting capacity, next-generation turbines (15-20 MW) demanding higher-capacity cranes, and fleet modernization replacing older vessels.

Geographic Analysis

An in-depth geographic analysis of the industry provides detailed qualitative and quantitative insights into the five major regions (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa) and the coverage of major countries in each region. In 2026, Europe is estimated to account for the largest share of the global offshore wind turbine installation vessels market, driven by the most mature offshore wind industry, extensive North Sea and Baltic Sea projects, large existing WTIV fleet, and aggressive offshore wind expansion targets under European Green Deal. Asia-Pacific is projected to register the highest CAGR during the forecast period, fueled by massive offshore wind capacity additions in China and Taiwan, growing markets in Japan, South Korea, and Vietnam, government offshore wind targets, and expanding domestic WTIV construction capabilities.

Key Questions Answered in the Report

How big is the offshore wind turbine installation vessels market?
What is the offshore wind turbine installation vessels market growth?
Who are the major players in the global offshore wind turbine installation vessels market?
Which are the driving factors of the offshore wind turbine installation vessels market?
Which region will lead the global offshore wind turbine installation vessels market?

Scope of the Report

By Vessel Type

Jack-Up
Floater
Crane Vessels

By Crane Capacity (tonnes)

<1,000
1,000-2,000
>2,000

By Deck Space

Market assessment by deck space specifications

By Water Depth Capability

Market assessment by water depth capability

By Geography

North America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
Latin America
Middle East & Africa

Product Code: MREP - 1041692

1. Introduction

1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency and Limitations
- 1.3.1. Currency
- 1.3.2. Limitations
1.4. Key Stakeholders

2. Research Methodology

2.1. Research Approach
2.2. Data Collection & Validation
- 2.2.1. Secondary Research
- 2.2.2. Primary Research
2.3. Market Assessment
- 2.3.1. Market Size Estimation
- 2.3.2. Bottom-Up Approach
- 2.3.3. Top-Down Approach
- 2.3.4. Growth Forecast
2.4. Assumptions for the Study

3. Executive Summary

3.1. Overview
3.2. Market Analysis, by Vessel Type
3.3. Market Analysis, by Crane Capacity
3.4. Market Analysis, by Deck Space
3.5. Market Analysis, by Water Depth Capability
3.6. Market Analysis, by Application
3.7. Market Analysis, by Geography
3.8. Competitive Analysis

4. Market Insights

4.1. Introduction
4.2. Global Offshore Wind Turbine Installation Vessels Market: Impact Analysis of Market Drivers (2026-2036)
- 4.2.1. Offshore Wind Capacity Growth and Installation Demand
- 4.2.2. Turbine Size Escalation Requiring Fleet Upgrades
- 4.2.3. Geographic Market Expansion
4.3. Global Offshore Wind Turbine Installation Vessels Market: Impact Analysis of Market Restraints (2026-2036)
- 4.3.1. High Capital Investment Requirements
- 4.3.2. Cyclical Demand and Utilization Volatility
4.4. Global Offshore Wind Turbine Installation Vessels Market: Impact Analysis of Market Opportunities (2026-2036)
- 4.4.1. U.S. Jones Act Vessel Construction and Market Development
- 4.4.2. Emerging Markets and Geographic Expansion
4.5. Global Offshore Wind Turbine Installation Vessels Market: Impact Analysis of Market Challenges (2026-2036)
- 4.5.1. Weather and Seasonal Installation Windows
- 4.5.2. Port Infrastructure and Logistics Constraints
4.6. Global Offshore Wind Turbine Installation Vessels Market: Impact Analysis of Market Trends (2026-2036)
- 4.6.1. Next-Generation Vessel Design and Technology Integration
- 4.6.2. Alternative Installation Methods and Floating Wind
4.7. Porter's Five Forces Analysis
- 4.7.1. Threat of New Entrants
- 4.7.2. Bargaining Power of Suppliers
- 4.7.3. Bargaining Power of Buyers
- 4.7.4. Threat of Substitute Products
- 4.7.5. Competitive Rivalry

5. Offshore Wind Turbine Installation Vessel Technologies

5.1. Introduction to WTIV Design and Capabilities
5.2. Jack-Up Vessel Systems and Operations
5.3. Floating Installation Vessel Capabilities
5.4. Crane Systems and Heavy-Lift Technology
5.5. Dynamic Positioning and Motion Compensation
5.6. Jacking Systems and Leg Technology
5.7. Deck Space and Component Handling
5.8. Installation Methods and Procedures
5.9. Safety Systems and Operational Requirements

6. Competitive Landscape

6.1. Introduction
6.2. Key Growth Strategies
- 6.2.1. Market Differentiators
- 6.2.2. Synergy Analysis: Major Deals & Strategic Alliances
6.3. Competitive Dashboard
- 6.3.1. Industry Leaders
- 6.3.2. Market Differentiators
- 6.3.3. Vanguards
- 6.3.4. Emerging Companies
6.4. Vendor Market Positioning
6.5. Market Share/Ranking by Key Players

7. Global Offshore Wind Turbine Installation Vessels Market, by Vessel Type

7.1. Introduction
7.2. Jack-Up Installation Vessels
- 7.2.1. Self-Propelled Jack-Up Vessels
- 7.2.2. Non-Self-Propelled Jack-Up Barges
- 7.2.3. NG-WTIV (Next-Generation)
7.3. Floating Installation Vessels
- 7.3.1. Heavy-Lift Crane Vessels (HLCV)
- 7.3.2. Dynamic Positioned Vessels
- 7.3.3. Semi-Submersible Crane Vessels
7.4. Feeder Vessels
7.5. Hybrid and Specialized Vessels

8. Global Offshore Wind Turbine Installation Vessels Market, by Crane Capacity

8.1. Introduction
8.2. <600 Tonnes
- 8.2.1. Early-Generation Vessels
- 8.2.2. Small Turbine Installation
8.3. 600-1,000 Tonnes
- 8.3.1. Mid-Size Turbine Installations
- 8.3.2. Repowering Projects
8.4. 1,000-2,000 Tonnes
- 8.4.1. Current-Generation Large Turbines
- 8.4.2. 12-18 MW Turbine Installation
8.5. >2,000 Tonnes
- 8.5.1. Ultra-Heavy-Lift Vessels
- 8.5.2. Next-Generation 20+ MW Turbines

9. Global Offshore Wind Turbine Installation Vessels Market, by Deck Space

9.1. Introduction
9.2. <2,000 m2
9.3. 2,000-4,000 m2
9.4. 4,000-6,000 m2
- 9.4.1. Modern Standard Vessels
- 9.4.2. Multi-Turbine Transport Capacity
9.5. >6,000 m2
- 9.5.1. Ultra-Large Deck Vessels
- 9.5.2. Maximum Productivity Configurations

10. Global Offshore Wind Turbine Installation Vessels Market, by Water Depth Capability

10.1. Introduction
10.2. <40 Meters (Shallow Water)
- 10.2.1. Nearshore Installations
- 10.2.2. Early Offshore Wind Sites
10.3. 40-65 Meters (Standard Depth)
- 10.3.1. North Sea Projects
- 10.3.2. U.S. East Coast Sites
- 10.3.3. Asian Offshore Wind Zones
10.4. 65-100 Meters (Transitional/Deep Water)
- 10.4.1. Advanced Jack-Up Operations
- 10.4.2. Floating Vessel Requirements
10.5. >100 Meters (Ultra-Deep Water)
- 10.5.1. Floating Wind Installations
- 10.5.2. Pacific Deep-Water Projects

11. Global Offshore Wind Turbine Installation Vessels Market, by Application

11.1. Introduction
11.2. Foundation Installation
- 11.2.1. Monopile Installation
- 11.2.2. Jacket Foundation Installation
- 11.2.3. Floating Foundation Installation
11.3. Turbine Installation
- 11.3.1. Tower Installation
- 11.3.2. Nacelle Installation
- 11.3.3. Rotor Blade Installation
11.4. Balance of Plant Installation
11.5. Maintenance and Service Operations
11.6. Decommissioning

12. Global Offshore Wind Turbine Installation Vessels Market, by End-User

12.1. Introduction
12.2. Offshore Wind Developers
12.3. Engineering, Procurement, and Construction (EPC) Contractors
12.4. Offshore Wind Farm Operators
12.5. Vessel Operators and Contractors
12.6. Government and Utilities

13. Offshore Wind Turbine Installation Vessels Market, by Geography

13.1. Introduction
13.2. North America
- 13.2.1. U.S.
- 13.2.2. Canada
13.3. Europe
- 13.3.1. Netherlands
- 13.3.2. Germany
- 13.3.3. U.K.
- 13.3.4. Belgium
- 13.3.5. Denmark
- 13.3.6. Norway
- 13.3.7. France
- 13.3.8. Rest of Europe
13.4. Asia-Pacific
- 13.4.1. China
- 13.4.2. Taiwan
- 13.4.3. Japan
- 13.4.4. South Korea
- 13.4.5. Vietnam
- 13.4.6. India
- 13.4.7. Australia
- 13.4.8. Rest of Asia-Pacific
13.5. Latin America
- 13.5.1. Brazil
- 13.5.2. Rest of Latin America
13.6. Middle East & Africa
- 13.6.1. Rest of Middle East & Africa

14. Company Profiles

14.1. Van Oord
14.2. Jan De Nul Group
14.3. DEME Offshore
14.4. Fred. Olsen Windcarrier
14.5. Seajacks UK Limited (Eneti Inc.)
14.6. Cadeler A/S
14.7. COSCO Shipping Heavy Industry
14.8. China State Shipbuilding Corporation (CSSC)
14.9. Huisman Equipment B.V.
14.10. Heerema Marine Contractors
14.11. GeoSea (DEME)
14.12. Sapura Energy Berhad
14.13. Pacific Orca Energy
14.14. Great Lakes Dredge & Dock
14.15. Keppel Offshore & Marine
14.16. Lamprell plc
14.17. Sembcorp Marine
14.18. Eneti Inc.
14.19. Maersk Supply Service
14.20. Subsea 7
14.21. Others

15. Appendix

15.1. Questionnaire
15.2. Available Customization