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Floating Wind Turbines Market

Floating Wind Turbines Market By Foundation Type (Spar-Buoy, Tension-leg Platform, Semi-submersible), By Water Depth (Below 50m and Above 50m), By Turbine Capacity (Less Than 5MW and Greater Than 5MW) – Growth, Future Prospects and Competitive Landscape, 2019 – 2027
Report Book

Published Date: July 2019
Category: Technology & Media
Report ID: 59796
Report Format: PDF
No of Pages: 190

Rating: Credence Reports

Market Insights

The floating wind turbines market is expected to reach US$ 19.9 billion in 2027, growing at a CAGR of 30.81% from 2019 to 2027. Offshore wind energy has become one of the best alternatives for clean energy. Wind turbines are mounted on floating structures in seawater to generate electricity where bottom-mounted structures are not feasible. The world is on the verge of global warming owing to the emission of greenhouse gases to a greater extent. In order to reduce its impact on the atmosphere, there has been a crucial need for research and development in renewable and clean energy. Growing concerns about climate change and the push from governments for increased use of renewable energy sources across the world are some of the major factors driving the market for floating wind turbines globally.

According to the UN, as of 2017, nearly 2.4 billion people lived within 100 kilometers of the coast, which is about 40% of the total world population. This dense population near the coast has higher energy requirements than those living in the interior. This demand for energy can be better fulfilled by building offshore floating wind turbines using nearby renewable resources. A floating foundation requires less invasive activities on the seabed compared to a fixed foundation, which saves the ocean floor from degradation. Also, coral reefs can be saved at a greater level as floating wind turbines require minimum construction material for an installation. This, in turn, makes floating wind turbines environmentally friendly.

Floating wind turbines allow access to deep water sites where more area is available for large-scale foundations. The flow of wind at longer distances away from the seashore is faster. A small increase in the speed of the wind yields a large amount of electricity. According to the American Geoscience Institute, the energy generated by a turbine at a wind speed of 15 mph is twofold that generated at a wind speed of 12 mph. Additionally, there are no obstacles present offshore, which helps in keeping the flow of wind steady. This steadiness in the supply of wind helps maintain continuous electricity generation, making floating wind turbines a reliable source of energy. As a result, with the development of new technologies in foundation structure, floating wind turbines are gradually moving towards deeper water where depths are above 50 meters. This, in turn, is projected to facilitate the growth of the floating wind turbine market in the years to come.

Market Snapshot

Semi-submersible Foundation accounted for the largest market share in 2018.

In 2018, semi-submersible foundations captured the largest market share in the floating wind turbine market worldwide. A semi-submersible floating wind turbine can be assembled on land or in a dock. This fully assembled platform, including the turbine, can float in the water at a depth of 10 meters while being transported. Conventional tugs are used for the transportation of this type of foundation. During maintenance, it can be towed back onshore using tugs. Also, the mooring required for the stabilization of the structure costs less compared to other foundations. These advantages offered by a semi-submersible floating foundation offer huge cost savings during assembly and transportation. Hence, it is mostly preferred by manufacturers of floating wind turbines across the world.

Europe Garnered the Largest Market Share in 2018

Europe has installed the largest capacity of floating wind turbines compared to other regions of the world. The region is expected to remain dominant during the forecast period from 2019 to 2027. Europe has a stable regulatory framework with long-term policies for promoting clean energy. Governments across Europe are strongly supporting innovation and training in clean energy technologies. As a result, strong backing from the government has built up the trust of major players, ultimately leading to higher investment in the R&D of floating wind turbines. For instance, in February 2019, Equinor ASA announced their new project, Hywind Tampon, which will be used for the electrification of an oil and gas platform at the Snorre and Gullfaks fields in Tampon, Norway. This new project will contribute to the reduction of carbon dioxide emissions, which are currently estimated to be 200,000 metric tonnes per year. In addition, major market players such as Siemens Gamesa Renewable Energy and MHI Vestas Offshore Wind have a presence in Europe. All these factors together are responsible for the overall growth of the floating wind turbine market in the region.

Competitive Insights

Major players profiled in the floating wind turbine market include Siemens Gamesa Renewable Energy, MHI Vestas Offshore Wind A/S, Goldwind, Enercon GmbH, Senvion S.A., Nordex SE, General Electric Company, Ideol SA, Equinor ASA, Repsol S.A., CoensHexicon Ltd., etc. These companies are partnering with other companies to gain a large share of the market. For instance, in February 2019, South Korea’s state-owned company KNOC and Equinor ASA signed a memorandum of understanding to jointly explore the chances of developing floating wind turbines in South Korea for commercial purposes. Moreover, in June 2019, Ideol SA partnered with leading Japanese renewable energy company Shizen Energy Inc. for the development of a commercial floating wind farm on Kyushu Island, Japan. This upcoming project will be based on the patented Damping Pool Technology of Ideol SA.

Periods of History and Forecast

The research report presents the analysis of each segment from 2017 to 2027,considering 2018as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The floating wind turbines market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global floating wind turbine market based on foundation type, water depth, turbine capacity, and geography. Key segments covered in the report are as follows:

ATTRIBUTE DETAILS

Research Period: 2017–2027

The base year2018

Forecast Period: 2019–2027

2017 was a historic year.

USD Billion Unit

Foundation Type Segment (2017-2027; USD Billion)

  • Spar-buoy
  • Tension-leg platform (TLP)
  • Semi-submersible

A segment of Water Depth (2017-2027; US$ BN)

  • Below 50 m
  • Above 50m

Turbine Capacity Segment (Bn)

  • 5 MW or less
  • More than 5 MW

Geography Segment (US$ Billion) (2017-2027)

  • North America (including the United States)
  • Europe (United Kingdom, Germany, France, and the rest of Europe)
  • Asia Pacific (Japan, China, India, and the Rest of APAC)
  • Rest of the World (Middle East and Africa, Latin America)

Key questions are answered in this report.

  • What was the market size of the floating wind turbine market in 2018, and what is the forecast up to 2027?
  • What are the key factors driving the global market for floating wind turbines?
  • What are the key market trends and high-growth opportunities observed in the floating wind turbine market?
  • Which is the largest regional market for floating wind turbines?
  • Which segment will grow at a faster pace? Why?
  • Which region will drive the market’s growth? Why?
  • Which players are leading the floating wind turbine market?
  • What are the sustainability strategies adopted by the key players operating in the market?

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted
1.3.5.1. Top-Down Approach
1.3.5.2. Bottom-Up Approach

2. Executive Summary
2.1. Market Snapshot: Global FWT Market
2.2. Global FWT Market, by Foundation Type, 2018 (US$ Bn)
2.3. Global FWT Market, by Water Depth, 2018 (US$ Bn)
2.4. Global FWT Market, by Turbine Capacity, 2018 (US$ Bn)
2.5. Global FWT Market, by Geography, 2018 (US$ Bn)

3. Market Dynamics
3.1. Product and Market Insights
3.1.1. Global FWT Market Value, 2017 – 2027, (US$ Bn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Challenges
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key FWT Players, 2018
3.4.1. Major Strategies Adopted by Key Players

4. Global Floating Wind Turbines (FWT) Market, by Foundation Type , 2017 – 2027 (US$ Bn)
4.1. Overview
4.2. Spar-Buoy
4.3. Tension-leg Platform
4.4. Semi-submersible

5. Global Floating Wind Turbines (FWT) Market, by Water Depth, 2017 – 2027 (US$ Bn)
5.1. Overview
5.2. Below 50m
5.3. Above 50m

6. Global Floating Wind Turbines (FWT) Market, by Turbine Capacity, 2017 – 2027 (US$ Bn)
6.1. Overview
6.2. Less than 5MW
6.3. Greater than 5MW

7. North America Floating Wind Turbines (FWT) Market Analysis, 2017 – 2027 (US$ Bn)
7.1. Overview
7.1.1. North America FWT Market Value and Growth, 2017 – 2027, (US$ Bn)
7.2. North America FWT Market Value, By Foundation Type, 2017 – 2027 (US$ Bn)
7.2.1. Market Analysis
7.3. North America FWT Market Value, By Water Depth, 2017 – 2027 (US$ Bn)
7.3.1. Market Analysis
7.4. North America FWT Market Value, By Turbine Capacity, 2017 – 2027 (US$ Bn)
7.4.1. Market Analysis
7.5. North America FWT Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
7.5.1. Market Analysis
7.5.2. U.S.
7.5.2.1. U.S. FWT Market Value, By Foundation Type, 2017 – 2027 (US$ Bn)
7.5.2.2. U.S. FWT Market Value, By Water Depth, 2017 – 2027 (US$ Bn)
7.5.2.3. U.S. FWT Market Value, By Turbine Capacity, 2017 – 2027 (US$ Bn)
7.5.3. Rest of North America
7.5.3.1. Rest of North America FWT Market Value, By Foundation Type, 2017 – 2027 (US$ Bn)
7.5.3.2. Rest of North America FWT Market Value, By Water Depth, 2017 – 2027 (US$ Bn)
7.5.3.3. Rest of North America FWT Market Value, By Turbine Capacity, 2017 – 2027 (US$ Bn)

8. Europe Floating Wind Turbines (FWT) Market Analysis, 2017 – 2027 (US$ Bn)
8.1. Overview
8.1.1. Europe FWT Market Value and Growth, 2017 – 2027, (US$ Bn)
8.2. Europe FWT Market Value, By Foundation Type, 2017 – 2027 (US$ Bn)
8.2.1. Market Analysis
8.3. Europe FWT Market Value, By Water Depth, 2017 – 2027 (US$ Bn)
8.3.1. Market Analysis
8.4. Europe FWT Market Value, By Turbine Capacity, 2017 – 2027 (US$ Bn)
8.4.1. Market Analysis
8.5. Europe FWT Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
8.5.1. Market Analysis
8.5.2. U.K.
8.5.2.1. U.K. FWT Market Value, By Foundation Type, 2017 – 2027 (US$ Bn)
8.5.2.2. U.K. FWT Market Value, By Water Depth, 2017 – 2027 (US$ Bn)
8.5.2.3. U.K. FWT Market Value, By Turbine Capacity, 2017 – 2027 (US$ Bn)
8.5.3. Germany
8.5.3.1. Germany FWT Market Value, By Foundation Type, 2017 – 2027 (US$ Bn)
8.5.3.2. Germany FWT Market Value, By Water Depth, 2017 – 2027 (US$ Bn)
8.5.3.3. Germany FWT Market Value, By Turbine Capacity, 2017 – 2027 (US$ Bn)
8.5.4. France
8.5.4.1. France FWT Market Value, By Foundation Type, 2017 – 2027 (US$ Bn)
8.5.4.2. France FWT Market Value, By Water Depth, 2017 – 2027 (US$ Bn)
8.5.4.3. France FWT Market Value, By Turbine Capacity, 2017 – 2027 (US$ Bn)
8.5.5. Rest of Europe
8.5.5.1. Rest of Europe FWT Market Value, By Foundation Type, 2017 – 2027 (US$ Bn)
8.5.5.2. Rest of Europe FWT Market Value, By Water Depth, 2017 – 2027 (US$ Bn)
8.5.5.3. Rest of Europe FWT Market Value, By Turbine Capacity, 2017 – 2027 (US$ Bn)

9. Asia Pacific Floating Wind Turbines (FWT) Market Analysis, 2017 – 2027 (US$ Bn)
9.1. Overview
9.1.1. Asia Pacific FWT Market Value and Growth, 2017 – 2027, (US$ Bn)
9.2. Asia Pacific FWT Market Value, By Foundation Type, 2017 – 2027 (US$ Bn)
9.2.1. Market Analysis
9.3. Asia Pacific FWT Market Value, By Water Depth, 2017 – 2027 (US$ Bn)
9.3.1. Market Analysis
9.4. Asia Pacific FWT Market Value, By Turbine Capacity, 2017 – 2027 (US$ Bn)
9.4.1. Market Analysis
9.5. Asia Pacific FWT Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
9.5.1. Market Analysis
9.5.2. Japan
9.5.2.1. Japan FWT Market Value, By Foundation Type, 2017 – 2027 (US$ Bn)
9.5.2.2. Japan FWT Market Value, By Water Depth, 2017 – 2027 (US$ Bn)
9.5.2.3. Japan FWT Market Value, By Turbine Capacity, 2017 – 2027 (US$ Bn)
9.5.3. China
9.5.3.1. China FWT Market Value, By Foundation Type, 2017 – 2027 (US$ Bn)
9.5.3.2. China FWT Market Value, By Water Depth, 2017 – 2027 (US$ Bn)
9.5.3.3. China FWT Market Value, By Turbine Capacity, 2017 – 2027 (US$ Bn)
9.5.4. India
9.5.4.1. India FWT Market Value, By Foundation Type, 2017 – 2027 (US$ Bn)
9.5.4.2. India FWT Market Value, By Water Depth, 2017 – 2027 (US$ Bn)
9.5.4.3. India FWT Market Value, By Turbine Capacity, 2017 – 2027 (US$ Bn)
9.5.5. Rest of Asia Pacific
9.5.5.1. Rest of Asia Pacific FWT Market Value, By Foundation Type, 2017 – 2027 (US$ Bn)
9.5.5.2. Rest of Asia Pacific FWT Market Value, By Water Depth, 2017 – 2027 (US$ Bn)
9.5.5.3. Rest of Asia Pacific FWT Market Value, By Turbine Capacity, 2017 – 2027 (US$ Bn)

10. Rest of the World Floating Wind Turbines (FWT) Market Analysis, 2017 – 2027 (US$ Bn)
10.1. Overview
10.1.1. Rest of the World FWT Market Value and Growth, 2017 – 2027, (US$ Bn)
10.2. Rest of the World FWT Market Value, By Foundation Type, 2017 – 2027 (US$ Bn)
10.2.1. Market Analysis
10.3. Rest of the World FWT Market Value, By Water Depth, 2017 – 2027 (US$ Bn)
10.3.1. Market Analysis
10.4. Rest of the World FWT Market Value, By Turbine Capacity, 2017 – 2027 (US$ Bn)
10.4.1. Market Analysis
10.5. Rest of the World FWT Market Value, By Region, 2017 – 2027 (US$ Bn)
10.5.1. Market Analysis
10.5.2. Middle East & Africa
10.5.2.1. Middle East & Africa FWT Market Value, By Foundation Type, 2017 – 2027 (US$ Bn)
10.5.2.2. Middle East & Africa FWT Market Value, By Water Depth, 2017 – 2027 (US$ Bn)
10.5.2.3. Middle East & Africa FWT Market Value, By Turbine Capacity, 2017 – 2027 (US$ Bn)
10.5.3. Latin America
10.5.3.1. Latin America FWT Market Value, By Foundation Type, 2017 – 2027 (US$ Bn)
10.5.3.2. Latin America FWT Market Value, By Water Depth, 2017 – 2027 (US$ Bn)
10.5.3.3. Latin America FWT Market Value, By Turbine Capacity, 2017 – 2027 (US$ Bn)

11. Company Profiles
11.1. Siemens Gamesa Renewable energy
11.2. MHI Vestas offshore wind A/S
11.3. Goldwind
11.4. Enercon GmbH
11.5. Senvion S.A.
11.6. Nordex SE
11.7. General Electric Company
11.8. Ideol SA
11.9. Equinor ASA
11.10. Repsol S.A.
11.11. CoensHexicon Ltd.

List of Figures

FIG. 1 Global Floating Wind Turbines (FWT) Market Segmentation
FIG. 2 Global FWT Market: Research methodology
FIG. 3 Market Size Estimation – Top Down & Bottom up Approach
FIG. 4 Global FWT Market, by Foundation Type, 2018, (US$ Bn)
FIG. 5 Global FWT Market, by Water Depth, 2018, (US$ Bn)
FIG. 6 Global FWT Market, by Turbine Capacity, 2018, (US$ Bn)
FIG. 7 Global FWT Market, by Geography, 2018 (US$ Bn)
FIG. 8 Global FWT Market Value, 2017 – 2027, (US$ Bn) and (Y-o-Y %)
FIG. 9 Attractive Investment Proposition, by Geography, 2018
FIG. 10 Global Market Positioning of Key FWT Providers, 2018
FIG. 11 Global FWT Market Value Share, by Foundation Type, 2018 & 2027 (Value %)
FIG. 12 Global Spar-Buoy FWT Market Value, 2017 – 2027, (US$ Bn)
FIG. 13 Global Tension-leg Platform FWT Market Value, 2017 – 2027, (US$ Bn)
FIG. 14 Global Semi-submersible FWT Market Value, 2017 – 2027, (US$ Bn)
FIG. 15 Global FWT Market Value Share, by Water Depth, 2018 & 2027 (Value %)
FIG. 16 Global FWT Market Value for Water Depth below 50m, 2017 – 2027, (US$ Bn)
FIG. 17 Global FWT Market Value for Water Depth above 50m, 2017 – 2027, (US$ Bn)
FIG. 18 Global FWT Market Value Share, by Turbine Capacity, 2018 & 2027 (Value %)
FIG. 19 Global FWT Market Value for Turbine Capacity Less than 5MW, 2017 – 2027, (US$ Bn)
FIG. 20 Global FWT Market Value for Turbine Capacity Greater than 5MW, 2017 – 2027, (US$ Bn)
FIG. 21 North America FWT Market Value, 2017 – 2027, (US$ Bn)
FIG. 22 U.S. FWT Market Value, 2017 – 2027, (US$ Bn)
FIG. 23 Rest of North America FWT Market Value, 2017 – 2027, (US$ Bn)
FIG. 24 Europe FWT Market Value, 2017 – 2027, (US$ Bn)
FIG. 25 U.K. FWT Market Value, 2017 – 2027, (US$ Bn)
FIG. 26 Germany FWT Market Value, 2017 – 2027, (US$ Bn)
FIG. 27 France FWT Market Value, 2017 – 2027, (US$ Bn)
FIG. 28 Rest of Europe FWT Market Value, 2017 – 2027, (US$ Bn)
FIG. 29 Asia Pacific FWT Market Value, 2017 – 2027, (US$ Bn)
FIG. 30 Japan FWT Market Value, 2017 – 2027, (US$ Bn)
FIG. 31 China FWT Market Value, 2017 – 2027, (US$ Bn)
FIG. 32 India FWT Market Value, 2017 – 2027, (US$ Bn)
FIG. 33 Rest of Asia Pacific FWT Market Value, 2017 – 2027, (US$ Bn)
FIG. 34 Rest of the World FWT Market Value, 2017 – 2027, (US$ Bn)
FIG. 35 Middle East & Africa FWT Market Value, 2017 – 2027, (US$ Bn)
FIG. 36 Latin America FWT Market Value, 2017 – 2027, (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Floating Wind Turbines (FWT) Market Value
TABLE 2 North America FWT Market, by Foundation Type, 2017-2027, (US$ Bn)
TABLE 3 North America FWT Market, by Water Depth, 2017 – 2027, (US$ Bn)
TABLE 4 North America FWT Market, by Turbine Capacity, 2017 – 2027, (US$ Bn)
TABLE 5 North America FWT Market Value, by Region/Country, 2017 – 2027, (US$ Bn)
TABLE 6 U.S. FWT Market Value, by Foundation Type, 2017 – 2027, (US$ Bn)
TABLE 7 U.S. FWT Market Value, by Water Depth, 2017 – 2027, (US$ Bn)
TABLE 8 U.S. FWT Market, by Turbine Capacity, 2017 – 2027, (US$ Bn)
TABLE 9 Rest of North America FWT Market Value, by Foundation Type, 2017 – 2027, (US$ Bn)
TABLE 10 Rest of North America FWT Market Value, by Water Depth, 2017 – 2027, (US$ Bn)
TABLE 11 Rest of North America FWT Market, by Turbine Capacity, 2017 – 2027, (US$ Bn)
TABLE 12 Europe FWT Market, by Foundation Type, 2017-2027, (US$ Bn)
TABLE 13 Europe FWT Market, by Water Depth, 2017 – 2027, (US$ Bn)
TABLE 14 Europe FWT Market, by Turbine Capacity, 2017 – 2027, (US$ Bn)
TABLE 15 Europe FWT Market Value, by Region/Country, 2017 – 2027, (US$ Bn)
TABLE 16 U.K. FWT Market Value, by Foundation Type, 2017 – 2027, (US$ Bn)
TABLE 17 U.K. FWT Market Value, by Water Depth, 2017 – 2027, (US$ Bn)
TABLE 18 U.K. FWT Market Value, by Turbine Capacity, 2017 – 2027, (US$ Bn)
TABLE 19 Germany FWT Market Value, by Foundation Type, 2017 – 2027, (US$ Bn)
TABLE 20 Germany FWT Market Value, by Water Depth, 2017 – 2027, (US$ Bn)
TABLE 21 Germany FWT Market Value, by Turbine Capacity, 2017 – 2027, (US$ Bn)
TABLE 22 France FWT Market Value, by Foundation Type, 2017 – 2027, (US$ Bn)
TABLE 23 France FWT Market Value, by Water Depth, 2017 – 2027, (US$ Bn)
TABLE 24 France FWT Market Value, by Turbine Capacity, 2017 – 2027, (US$ Bn)
TABLE 25 Rest of Europe FWT Market Value, by Foundation Type, 2017 – 2027, (US$ Bn)
TABLE 26 Rest of Europe FWT Market Value, by Water Depth, 2017 – 2027, (US$ Bn)
TABLE 27 Rest of Europe FWT Market Value, by Turbine Capacity, 2017 – 2027, (US$ Bn)
TABLE 28 Asia Pacific FWT Market, by Foundation Type, 2017-2027 (US$ Bn)
TABLE 29 Asia Pacific FWT Market, by Water Depth, 2017 – 2027 (US$ Bn)
TABLE 30 Asia Pacific FWT Market, by Turbine Capacity, 2017 – 2027 (US$ Bn)
TABLE 31 Asia Pacific FWT Market Value, by Region/Country, 2017 – 2027, (US$ Bn)
TABLE 32 Japan FWT Market, by Foundation Type, 2017-2027 (US$ Bn)
TABLE 33 Japan FWT Market, by Water Depth, 2017 – 2027 (US$ Bn)
TABLE 34 Japan FWT Market, by Turbine Capacity, 2017-2027 (US$ Bn)
TABLE 35 China FWT Market, by Foundation Type, 2017-2027 (US$ Bn)
TABLE 36 China FWT Market, by Water Depth, 2017 – 2027 (US$ Bn)
TABLE 37 China FWT Market, by Turbine Capacity, 2017-2027 (US$ Bn)
TABLE 38 India FWT Market, by Foundation Type, 2017-2027 (US$ Bn)
TABLE 39 India FWT Market, by Water Depth, 2017 – 2027 (US$ Bn)
TABLE 40 India FWT Market, by Turbine Capacity, 2017-2027 (US$ Bn)
TABLE 41 Rest of Asia Pacific FWT Market, by Foundation Type, 2017-2027 (US$ Bn)
TABLE 42 Rest of Asia Pacific FWT Market, by Water Depth, 2017-2027 (US$ Bn)
TABLE 43 Rest of Asia Pacific FWT Market, by Turbine Capacity, 2017-2027 (US$ Bn)
TABLE 44 Rest of the World FWT Market, by Foundation Type, 2017 – 2027, (US$ Bn)
TABLE 45 Rest of the World FWT Market, by Water Depth, 2017 – 2027, (US$ Bn)
TABLE 46 Rest of the World FWT Market, by Turbine Capacity, 2017 – 2027, (US$ Bn)
TABLE 47 Rest of the World FWT Market Value, by Region, 2017 – 2027, (US$ Bn)
TABLE 48 Middle East and Africa FWT Market, by Foundation Type, 2017-2027 (US$ Bn)
TABLE 49 Middle East and Africa FWT Market, by Water Depth, 2017 – 2027 (US$ Bn)
TABLE 50 Middle East and Africa FWT Market, by Turbine Capacity, 2017 – 2027 (US$ Bn)
TABLE 51 Latin America FWT Market, by Foundation Type, 2017-2027 (US$ Bn)
TABLE 52 Latin America FWT Market, by Water Depth, 2017 – 2027 (US$ Bn)
TABLE 53 Latin America FWT Market, by Turbine Capacity, 2017-2027 (US$ Bn)
TABLE 54 Siemens Gamesa Renewable energy.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 55 MHI Vestas offshore wind A/S: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 56 Goldwind: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 57 Enercon GmbH: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 58 Senvion S.A.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 59 Nordex SE: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 60 General Electric Company: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 61 Ideol SA.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 62 Equinor ASA: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 63 Repsol S.A.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 64 CoensHexicon Ltd.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)

Frequently Asked Questions

What is the size of Floating Wind Turbines Market?

The market for Floating Wind Turbines Market is expected to reach USD$ 19.9 Bn billion in 2027.

What is the Floating Wind Turbines Market CAGR?

The Floating Wind Turbines Market is expected to see significant CAGR growth over the coming years, at 30.81%.

What is the Forecast period considered for Floating Wind Turbines Market?

The report is forecasted from 2019 -2027.

What is the base year considered for Floating Wind Turbines Market?

The base year of this report is 2018.

Who are the major players in this market?

Siemens Gamesa Renewable Energy, MHI Vestas Offshore Wind A/S, Goldwind, Enercon GmbH, Senvion S.A., Nordex SE, General Electric Company, Ideol SA, Equinor ASA. are some of the major players in the global market.

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