Global Floating Wind Turbine Market 2021-2025

This publisher has monitored the floating wind turbine market and according to this report it is poised to grow by $993.58 mn during 2021-2025, decelerating at a CAGR of 34.35% during the forecast period. The report floating wind turbine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by favorable government regulations for floating wind and change in energy mix.

The floating wind turbine market analysis includes the foundation segment and geographic landscape.

The floating wind turbine market is segmented as below:

By Foundation

• Semi-submersible
• Spar-buoy
• Others

By Geographical Landscape

• Europe

This study identifies the rise in offshore installations as one of the prime reasons driving the floating wind turbine market growth during the next few years.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The report floating wind turbine market covers the following areas:

• Floating wind turbine market sizing
• Floating wind turbine market forecast

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading floating wind turbine market vendors that include Doosan Heavy Industries and Construction Co. Ltd., Eaton Corporation Plc, Equinor ASA, General Electric Co., Hitachi Ltd., Mingyang Smart Energy Group Co. Ltd., Naval Energies, Principle Power Inc., Siemens AG, and Vestas Wind System AS. Also, the floating wind turbine market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.