

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.
The global Floating Wind Power market was valued at US$ 2925 million in 2023 and is anticipated to reach US$ 8218 million by 2030, witnessing a CAGR of 15.2% during the forecast period 2024-2030.
According to the Global Wind Report 2023 released by the Global Wind Energy Council, by 2024, the newly installed capacity of global onshore wind power will exceed 100GW for the first time; by 2025, the newly installed capacity of global offshore wind power will also reach 25GW. In the next five years, the newly added grid-connected capacity of wind power will reach 680GW. The report also shows that the United States and Europe may experience a supply bottleneck of wind turbines and components in 2025. It recommends that national policymakers take immediate action to increase investment in supply chains to meet their rapid growth in demand and avoid supply chain bottlenecks hindering the development of wind power. In addition, according to Wood Mackenzie statistics, China is the largest and fastest-growing market for wind power generation in the world, accounting for more than half of the market share. Data from the National Energy Administration of China also shows that China's installed wind power capacity ranks first in the world, with a capacity of nearly 400 million kilowatts.
This report aims to provide a comprehensive presentation of the global market for Floating Wind Power, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Floating Wind Power.
Report Scope
The Floating Wind Power market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Floating Wind Power market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Floating Wind Power companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Nordex
MHI Vestas Offshore Wind
GE
Siemens Gamesa Renewable Energy
Hitachi
Envision Energy
ABB
Suzlon Energy
GoldWind
Ming Yang Smart Energy Group
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
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Floating Wind Power companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Floating Wind Power Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Up to 3 MW
1.2.3 3 MW to 5 MW
1.2.4 Above 5MW
1.3 Market by Application
1.3.1 Global Floating Wind Power Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Shallow Water
1.3.3 Transitional Water
1.3.4 Deep Water
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Floating Wind Power Market Perspective (2019-2030)
2.2 Floating Wind Power Growth Trends by Region
2.2.1 Global Floating Wind Power Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Floating Wind Power Historic Market Size by Region (2019-2024)
2.2.3 Floating Wind Power Forecasted Market Size by Region (2025-2030)
2.3 Floating Wind Power Market Dynamics
2.3.1 Floating Wind Power Industry Trends
2.3.2 Floating Wind Power Market Drivers
2.3.3 Floating Wind Power Market Challenges
2.3.4 Floating Wind Power Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Floating Wind Power Players by Revenue
3.1.1 Global Top Floating Wind Power Players by Revenue (2019-2024)
3.1.2 Global Floating Wind Power Revenue Market Share by Players (2019-2024)
3.2 Global Floating Wind Power Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Floating Wind Power Revenue
3.4 Global Floating Wind Power Market Concentration Ratio
3.4.1 Global Floating Wind Power Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Floating Wind Power Revenue in 2023
3.5 Floating Wind Power Key Players Head office and Area Served
3.6 Key Players Floating Wind Power Product Solution and Service
3.7 Date of Enter into Floating Wind Power Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Floating Wind Power Breakdown Data by Type
4.1 Global Floating Wind Power Historic Market Size by Type (2019-2024)
4.2 Global Floating Wind Power Forecasted Market Size by Type (2025-2030)
5 Floating Wind Power Breakdown Data by Application
5.1 Global Floating Wind Power Historic Market Size by Application (2019-2024)
5.2 Global Floating Wind Power Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Floating Wind Power Market Size (2019-2030)
6.2 North America Floating Wind Power Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Floating Wind Power Market Size by Country (2019-2024)
6.4 North America Floating Wind Power Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Floating Wind Power Market Size (2019-2030)
7.2 Europe Floating Wind Power Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Floating Wind Power Market Size by Country (2019-2024)
7.4 Europe Floating Wind Power Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Floating Wind Power Market Size (2019-2030)
8.2 Asia-Pacific Floating Wind Power Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Floating Wind Power Market Size by Region (2019-2024)
8.4 Asia-Pacific Floating Wind Power Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Floating Wind Power Market Size (2019-2030)
9.2 Latin America Floating Wind Power Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Floating Wind Power Market Size by Country (2019-2024)
9.4 Latin America Floating Wind Power Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Floating Wind Power Market Size (2019-2030)
10.2 Middle East & Africa Floating Wind Power Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Floating Wind Power Market Size by Country (2019-2024)
10.4 Middle East & Africa Floating Wind Power Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Nordex
11.1.1 Nordex Company Detail
11.1.2 Nordex Business Overview
11.1.3 Nordex Floating Wind Power Introduction
11.1.4 Nordex Revenue in Floating Wind Power Business (2019-2024)
11.1.5 Nordex Recent Development
11.2 MHI Vestas Offshore Wind
11.2.1 MHI Vestas Offshore Wind Company Detail
11.2.2 MHI Vestas Offshore Wind Business Overview
11.2.3 MHI Vestas Offshore Wind Floating Wind Power Introduction
11.2.4 MHI Vestas Offshore Wind Revenue in Floating Wind Power Business (2019-2024)
11.2.5 MHI Vestas Offshore Wind Recent Development
11.3 GE
11.3.1 GE Company Detail
11.3.2 GE Business Overview
11.3.3 GE Floating Wind Power Introduction
11.3.4 GE Revenue in Floating Wind Power Business (2019-2024)
11.3.5 GE Recent Development
11.4 Siemens Gamesa Renewable Energy
11.4.1 Siemens Gamesa Renewable Energy Company Detail
11.4.2 Siemens Gamesa Renewable Energy Business Overview
11.4.3 Siemens Gamesa Renewable Energy Floating Wind Power Introduction
11.4.4 Siemens Gamesa Renewable Energy Revenue in Floating Wind Power Business (2019-2024)
11.4.5 Siemens Gamesa Renewable Energy Recent Development
11.5 Hitachi
11.5.1 Hitachi Company Detail
11.5.2 Hitachi Business Overview
11.5.3 Hitachi Floating Wind Power Introduction
11.5.4 Hitachi Revenue in Floating Wind Power Business (2019-2024)
11.5.5 Hitachi Recent Development
11.6 Envision Energy
11.6.1 Envision Energy Company Detail
11.6.2 Envision Energy Business Overview
11.6.3 Envision Energy Floating Wind Power Introduction
11.6.4 Envision Energy Revenue in Floating Wind Power Business (2019-2024)
11.6.5 Envision Energy Recent Development
11.7 ABB
11.7.1 ABB Company Detail
11.7.2 ABB Business Overview
11.7.3 ABB Floating Wind Power Introduction
11.7.4 ABB Revenue in Floating Wind Power Business (2019-2024)
11.7.5 ABB Recent Development
11.8 Suzlon Energy
11.8.1 Suzlon Energy Company Detail
11.8.2 Suzlon Energy Business Overview
11.8.3 Suzlon Energy Floating Wind Power Introduction
11.8.4 Suzlon Energy Revenue in Floating Wind Power Business (2019-2024)
11.8.5 Suzlon Energy Recent Development
11.9 GoldWind
11.9.1 GoldWind Company Detail
11.9.2 GoldWind Business Overview
11.9.3 GoldWind Floating Wind Power Introduction
11.9.4 GoldWind Revenue in Floating Wind Power Business (2019-2024)
11.9.5 GoldWind Recent Development
11.10 Ming Yang Smart Energy Group
11.10.1 Ming Yang Smart Energy Group Company Detail
11.10.2 Ming Yang Smart Energy Group Business Overview
11.10.3 Ming Yang Smart Energy Group Floating Wind Power Introduction
11.10.4 Ming Yang Smart Energy Group Revenue in Floating Wind Power Business (2019-2024)
11.10.5 Ming Yang Smart Energy Group Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Nordex
MHI Vestas Offshore Wind
GE
Siemens Gamesa Renewable Energy
Hitachi
Envision Energy
ABB
Suzlon Energy
GoldWind
Ming Yang Smart Energy Group
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*If Applicable.