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.
Market Analysis and Insights: Global and United States Floating Wind Power Market
This report focuses on global and United States Floating Wind Power market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Floating Wind Power market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, by Type, Up to 3 MW accounting for % of the Floating Wind Power global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Shallow Water was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
In United States the Floating Wind Power market size is expected to grow from US$ million in 2021 to US$ million by 2028, at a CAGR of % during the forecast period.
Global Floating Wind Power Scope and Market Size
Floating Wind Power market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Floating Wind Power market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Floating Wind Power market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
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
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Nordex
MHI Vestas Offshore Wind
GE
Siemens Gamesa Renewable Energy
Hitachi
Envision Energy
ABB
Suzlon Energy
GoldWind
Ming Yang Smart Energy Group