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Global Floating Wind Turbine Market Report By Foundation (Spar-buoy, Semi-submersible, Others), By Depth (Shallow Water (less than 60 m Depth), Deep Water (higher than 60 m Depth) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2021-2028
ID:VMR11214079
April 2021
Report Formats: Electronic (PDF), MS EXCEL
The global demand for Floating Wind Turbine Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022 - 2028.
As the name suggests, a floating wind turbine is an offshore wind turbine in which instead of putting a wind turbine on a fixed foundation, it is attached to a structure that floats in the water. The floating design allows the turbine to generate electricity in water depths where fixed-foundation turbines are not feasible. The concept was introduced in 1972 by Professor William E. Heronemus. Floating wind turbines work based on the iceberg principle. The critical difference between fixed and floating foundation is the depths limitation is limited which is up to around 165 feet in case of water depths.
Market Dynamics
The global floating wind turbine market is anticipated to grow at an impressive pace during the forecast period. Enhanced efficiency offered by floating wind turbines over onshore wind turbines is a primary factor driving the demand for floating wind turbines. Floating Wind turbines gives a developer access to deeper waters, which means more potential project sites and lots more potential capacity. Floating wind turbine also carries a significant industrial promise. Rapidly falling technology costs for offshore wind are further aiding the growth. Various governments are taking initiatives to install offshore wind turbines as it is a way to get into renewable energy. The global floating wind turbine market is dominated by a few players. New players are entering the market, noticing new opportunities.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each segment in the global market of floating wind turbine.
Market Segmentation
This section of the floating wind turbine market report provides detailed data on the segments by analyzing them geographically, thereby assisting the strategist in identifying the target demographics for the respective product or service.
By Foundation
This section covers regional segmentation which accentuates on current and future demand for Floating Wind Turbine market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Floating Wind Turbine Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the floating wind turbine market include Siemens Gamesa Renewable, MHI Vestas Offshore Wind, Senvion SA, ABB group, GE Renewable Energy, Hitachi, Adwen GmbH, Senvion S.A, Envision Energy, ABB, Suzlon Energy Limited, GoldWind and NORDEX SE. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
As the name suggests, a floating wind turbine is an offshore wind turbine in which instead of putting a wind turbine on a fixed foundation, it is attached to a structure that floats in the water. The floating design allows the turbine to generate electricity in water depths where fixed-foundation turbines are not feasible. The concept was introduced in 1972 by Professor William E. Heronemus. Floating wind turbines work based on the iceberg principle. The critical difference between fixed and floating foundation is the depths limitation is limited which is up to around 165 feet in case of water depths.
Market Dynamics
The global floating wind turbine market is anticipated to grow at an impressive pace during the forecast period. Enhanced efficiency offered by floating wind turbines over onshore wind turbines is a primary factor driving the demand for floating wind turbines. Floating Wind turbines gives a developer access to deeper waters, which means more potential project sites and lots more potential capacity. Floating wind turbine also carries a significant industrial promise. Rapidly falling technology costs for offshore wind are further aiding the growth. Various governments are taking initiatives to install offshore wind turbines as it is a way to get into renewable energy. The global floating wind turbine market is dominated by a few players. New players are entering the market, noticing new opportunities.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each segment in the global market of floating wind turbine.
Market Segmentation
This section of the floating wind turbine market report provides detailed data on the segments by analyzing them geographically, thereby assisting the strategist in identifying the target demographics for the respective product or service.
By Foundation
- Spar-buoy
- Semi-submersible
- Others
- Shallow Water (less than 60 m Depth)
- Deep Water (higher than 60 m Depth)
This section covers regional segmentation which accentuates on current and future demand for Floating Wind Turbine market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Floating Wind Turbine Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the floating wind turbine market include Siemens Gamesa Renewable, MHI Vestas Offshore Wind, Senvion SA, ABB group, GE Renewable Energy, Hitachi, Adwen GmbH, Senvion S.A, Envision Energy, ABB, Suzlon Energy Limited, GoldWind and NORDEX SE. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . FLOATING WIND TURBINE – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 By Foundation
3.7.2 By Depth
3.7.3 By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
5.1. Impact Analysis of Covid-19 Outbreak
5.1.1. Direct Impact on Production
5.1.2. Supply Chain and Market Disruption
5.1.3. Financial Impact on Firms and Financial Markets
5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
5.3. Market: Pre V/S Post COVID-19
5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
5.5. COVID-19: Micro and Macro Factor Analysis
6 . GLOBAL FLOATING WIND TURBINE MARKET ANALYSIS BY FOUNDATION
6.1 Overview by Foundation
6.2 Historical and Forecast Data
6.3 Analysis by Foundation
6.4 Spar-buoy Market by Regions
6.5 Semi-submersible Market by Regions
6.6 Others Market by Regions
7 . GLOBAL FLOATING WIND TURBINE MARKET ANALYSIS BY DEPTH
7.1 Overview by Depth
7.2 Historical and Forecast Data
7.3 Analysis by Depth
7.4 Shallow Water (less than 60 m Depth) Market by Regions
7.5 Deep Water (higher than 60 m Depth) Market by Regions
8 . GLOBAL FLOATING WIND TURBINE MARKET ANALYSIS BY GEOGRAPHY
8.1. Regional Outlook
8.2. Introduction
8.3. North America
8.3.1. Overview, Historic and Forecast Data
8.3.2. North America By Segment
8.3.3. North America By Country
8.3.4. United State
8.3.5. Canada
8.3.6. Mexico
8.4. Europe
8.4.1. Overview, Historic and Forecast Data
8.4.2. Europe by Segment
8.4.3. Europe by Country
8.4.4. United Kingdom
8.4.5. France
8.4.6. Germany
8.4.7. Italy
8.4.8. Russia
8.4.9. Rest Of Europe
8.5. Asia Pacific
8.5.1. Overview, Historic and Forecast Data
8.5.2. Asia Pacific by Segment
8.5.3. Asia Pacific by Country
8.5.4. China
8.5.5. India
8.5.6. Japan
8.5.7. South Korea
8.5.8. Australia
8.5.9. Rest Of Asia Pacific
8.6. Latin America
8.6.1. Overview, Historic and Forecast Data
8.6.2. Latin America by Segment
8.6.3. Latin America by Country
8.6.4. Brazil
8.6.5. Argentina
8.6.6. Peru
8.6.7. Chile
8.6.8. Rest of Latin America
8.7. Middle East & Africa
8.7.1. Overview, Historic and Forecast Data
8.7.2. Middle East & Africa by Segment
8.7.3. Middle East & Africa by Country
8.7.4. Saudi Arabia
8.7.5. UAE
8.7.6. Israel
8.7.7. South Africa
8.7.8. Rest Of Middle East And Africa
9 . COMPETITIVE LANDSCAPE OF THE FLOATING WIND TURBINE COMPANIES
9.1. Floating Wind Turbine Market Competition
9.2. Partnership/Collaboration/Agreement
9.3. Merger And Acquisitions
9.4. New Product Launch
9.5. Other Developments
10 . COMPANY PROFILES OF FLOATING WIND TURBINE INDUSTRY
10.1. Company Share Analysis
10.2. Market Concentration Rate
10.3. Siemens Gamesa Renewable
10.3.1. Company Overview
10.3.2. Financials
10.3.3. Products
10.3.4. Recent Developments
10.4. MHI Vestas Offshore Wind
10.4.1. Company Overview
10.4.2. Financials
10.4.3. Products
10.4.4. Recent Developments
10.5. Senvion SA
10.5.1. Company Overview
10.5.2. Financials
10.5.3. Products
10.5.4. Recent Developments
10.6. ABB group
10.6.1. Company Overview
10.6.2. Financials
10.6.3. Products
10.6.4. Recent Developments
10.7. GE Renewable Energy
10.7.1. Company Overview
10.7.2. Financials
10.7.3. Products
10.7.4. Recent Developments
10.8. Hitachi
10.8.1. Company Overview
10.8.2. Financials
10.8.3. Products
10.8.4. Recent Developments
10.9. Adwen GmbH
10.9.1. Company Overview
10.9.2. Financials
10.9.3. Products
10.9.4. Recent Developments
10.10. Senvion S.A.
10.10.1. Company Overview
10.10.2. Financials
10.10.3. Products
10.10.4. Recent Developments
10.11. Envision Energy
10.11.1. Company Overview
10.11.2. Financials
10.11.3. Products
10.11.4. Recent Developments
10.12. ABB
10.12.1. Company Overview
10.12.2. Financials
10.12.3. Products
10.12.4. Recent Developments
10.13. Suzlon Energy Limited
10.13.1. Company Overview
10.13.2. Financials
10.13.3. Products
10.13.4. Recent Developments
10.14. GoldWind
10.14.1. Company Overview
10.14.2. Financials
10.14.3. Products
10.14.4. Recent Developments
10.15. NORDEX SE
10.15.1. Company Overview
10.15.2. Financials
10.15.3. Products
10.15.4. Recent Developments
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
LIST OF TABLES
- Market Snapshot
- Drivers : Impact Analysis
- Restraints : Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- List of Potential Buyers
- COVID-19 Impact Analysis by Production, Import, Export and Demand
- Pre V/S Post COVID-19
- Estimated Impact Of The Coronavirus (Covid-19) Epidemic
- COVID-19: Micro and Macro Factor Analysis
- Analysis by Foundation (USD MN)
- Spar-buoy Market by Geography (USD MN)
- Semi-submersible Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Analysis Market by Depth (USD MN)
- Shallow Water (less than 60 m Depth) Market by Geography (USD MN)
- Deep Water (higher than 60 m Depth) Market by Geography (USD MN)
- Global Floating Wind Turbine Market by Geography (USD MN)
- North America Market Analysis (USD MN)
- United State Market Analysis (USD MN)
- Canada Market Analysis (USD MN)
- Mexico Market Analysis (USD MN)
- Europe Market Analysis (USD MN)
- Europe Market Estimate by Country (USD MN)
- United Kingdom Market Analysis (USD MN)
- France Market Analysis (USD MN)
- Germany Market Analysis (USD MN)
- Italy Market Analysis (USD MN)
- Russia Market Analysis (USD MN)
- Spain Market Analysis (USD MN)
- Rest of Europe Market Analysis (USD MN)
- Asia Pacific Market Analysis (USD MN)
- China Market Analysis (USD MN)
- Japan Market Analysis (USD MN)
- India Market Analysis (USD MN)
- South Korea Market Analysis (USD MN)
- Australia Market Analysis (USD MN)
- Rest of Asia Pacific Market Analysis (USD MN)
- Latin America Market Analysis (USD MN)
- Brazil Market Analysis (USD MN)
- Argentina Market Analysis (USD MN)
- Peru Market Analysis (USD MN)
- Chile Market Analysis (USD MN)
- Rest of Latin America Market Analysis (USD MN)
- Middle East & Africa Market Analysis (USD MN)
- Saudi Arabia Market Analysis (USD MN)
- UAE Market Analysis (USD MN)
- Israel Market Analysis (USD MN)
- South Africa Market Analysis (USD MN)
- Rest of Middle East and Africa Market Analysis (USD MN)
- Partnership/Collaboration/Agreement
- Mergers And Acquisiton
LIST OF FIGURES
- Research Scope of Floating Wind Turbine Report
- Market Research Process
- Market Research Methodology
- Global Floating Wind Turbine Market Size, by Region (USD MN)
- Porters Five Forces Analysis
- Market Attractiveness Analysis by Foundation
- Market Attractiveness Analysis by Depth
- Market Attractiveness Analysis by Region
- Value Chain Analysis
- Global Market Analysis by Foundation (USD MN)
- Spar-buoy Market by Geography (USD MN)
- Semi-submersible Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Global Market Analysis by Depth (USD MN)
- Shallow Water (less than 60 m Depth) Market by Geography (USD MN)
- Deep Water (higher than 60 m Depth) Market by Geography (USD MN)
- Global Market by Revenue
- North America Market by Revenue
- Europe Market by Revenue
- Asia Pacific Market by Revenue
- Latin America Market by Revenue
- Middle East & Africa Market by Revenue
- Recent Development in Industry
- Company Market Share Analysis
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.
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Objectives of Study
- Define and measure the global market
- Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
- Analyze and identify major market trends along with the factors driving or inhibiting the market growth
- Study the company profiles of the major market players with their market share
- Analyze competitive developments