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Floating Offshore Wind Energy Market- Product Image
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Floating Offshore Wind Energy Market

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  • 168 Pages
  • August 2025
  • Region: Global
  • BCC Research
  • ID: 6165024
Description Jump to:
The global market for floating offshore wind energy is estimated to grow from $1.7 billion in 2025 to $18 billion by the end of 2030, at a compound annual growth rate (CAGR) of 60.1% from 2025 to 2030.

Floating offshore wind (FOW) energy is a subcategory of offshore wind energy. Offshore wind energy encompasses all wind farms located in bodies of water, typically the sea. Floating offshore wind energy refers explicitly to wind energy farms where the wind turbines are mounted on floating structures, such as spars or barges, rather than fixed to the seabed with foundations. The floating platform technology allows for wind energy generation in deep water bodies where fixed-bottom turbines are not feasible. Wind energy generation is crucial for the energy transition and is mainly attributed to the ecological damage caused by electricity generation from conventional energy sources, such as fossil fuels and other non-renewable sources.

Market Dynamics and Drivers

The growth of the FOW energy market largely depends on such factors as cost reduction, intensive research and development (R&D), synergy with green hydrogen and regulatory support. FOW energy is expected to follow a strong downward cost trajectory, enabled by larger turbines, higher capacity factors due to better offshore wind resources and economies of scale, as the sector matures. The constant R&D initiatives by various countries are also crucial to achieving significant cost reductions and addressing the challenges of complex installation, maintenance and environmental impacts.

Report Scope

In this report, the global market for floating offshore wind energy is segmented and analyzed by components, floating platform technology, depth, turbine rating and country. The market size is provided in value ($ millions) and volumetric (megawatts) terms. It also discusses market dynamics, emerging technologies and global developments. The report includes the impact of artificial intelligence (AI) on the floating offshore wind energy industry. Emerging trends, technological advances, climate regulations and technical standards are also discussed. The report includes a value chain analysis; Porter’s Five Forces analysis; and a strength, weakness, opportunity and threat (SWOT) analysis.

The report includes:

  • 70 data tables and 54 additional tables
  • An overview of the global market for floating offshore wind energy
  • In-depth analysis of global market trends, featuring historical revenue data for 2024, estimated figures for 2025, as well as forecasts for 2029, including projections of CAGRs through 2030
  • Evaluation of the current market size and revenue growth prospects specific to the floating offshore wind energy, accompanied by a market share analysis by component, floating platform technology, water depth, turbine rating, and country
  • Analysis of market opportunities with a review of Porter’s Five Forces model and industry supply chain analysis, considering both micro- and macro-environmental factors prevailing in the market
  • Discussion of factors affecting the choice of floating offshore wind energy, and the impact of tariff war on the floating offshore wind energy industry
  • Coverage of evolving technologies, the current and future market potential, R&D activities, growth strategies, regulatory framework and reimbursement scenarios, and ESG trends of the market
  • Identification of companies best positioned to meet this demand due to their proprietary technologies, mergers and acquisitions, joint ventures and other strategic alliances
  • Profiles of the leading global companies, including Aker Solutions ASA, BlueFloat Energy International, BW Ideol, Equinor ASA and GE Vernova.

Table of Contents

Chapter 1 Executive Summary
  • Market Outlook
  • Scope of Report
  • Market Summary
  • Market Dynamics and Drivers
  • Regional Insights and Emerging Markets
  • Analysis by Segment
  • Conclusion
Chapter 2 Market Overview
  • Overview and Market Definition
  • Porter's Five Forces Analysis
  • Bargaining Power of Buyers
  • Bargaining Power of Suppliers
  • Potential for New Entrants
  • Threat of Substitutes
  • Level of Competition
  • Value Chain Analysis
  • Strength, Weakness, Opportunity and Threat Analysis
  • Climate Change Policies and Regulations
  • Paris Agreement
  • Feed-In Tariffs
  • Inflation Reduction Act
  • European Green Deal
  • Innovation Fund
Chapter 3 Market Dynamics
  • Market Dynamics
  • Market Drivers
  • Cost Reduction in Wind Energy Generation
  • Increased Focus on Intensive Research and Development
  • Market Challenges
  • Lack of Specialized Port Infrastructure
  • High Upfront Cost
  • Market Restrictions
  • Restrictive Trade Policies
  • Limited Transmission Capacity and Aging Grid Infrastructure
  • Market Opportunities
  • Synergy with Green Hydrogen
  • Increasing Demand for Integrated Engineering, Procurement, Construction and Installation Solutions
Chapter 4 Emerging Technologies and Developments
  • Emerging Technologies
  • Increasing Number of Startups
  • Hybrid Power Generation Sources
  • Fold-Up/Flat-Pack Floating Platforms
  • Advanced Materials
  • Digital Transformation
  • Recyclable Blade
  • Vacuum-Cast-Coil Dry-Type Transformer
  • Vertical-Axis Wind Turbine
  • Single-Piece, Self-Tilt Rotor
Chapter 5 Market Segmentation Analysis
  • Segmentation Breakdown
  • Market Analysis by Floating Platform Technology
  • Takeaways
  • Semi-Submersible
  • Spar-Buoy
  • Tension Leg Platform
  • Barge and Hybrid Systems
  • Market Analysis by Component
  • Takeaways
  • Tower
  • Floating Platform
  • Blade
  • Other components
  • Market Analysis by Water Depth
  • Takeaways
  • Less Than or Equal to 50 Meters
  • More than 50 Meters to 100 Meters
  • More Than 100 Meters
  • Market Analysis by Turbine Rating
  • Takeaways
  • Up to 3 MW
  • More Than 3 MW to 8 MW
  • 8 MW to 12 MW
  • More than 12 MW
  • Market Analysis by Country
  • Takeaways
  • Norway
  • U.K.
  • China
  • Portugal
  • France
  • Spain
  • Japan
  • RoW
Chapter 6 Sustainability in the Floating Offshore Wind Energy Industry: An ESG Perspective
  • Introduction to ESG
  • ESG Risk Ratings Analysis
  • Key ESG Issues
  • Environmental Issues
  • Social Issues
  • Governance Issues
  • ESG Practices in the Floating Offshore Wind Energy Market
  • Equinor
  • SGRE
  • GE Vernova
  • Future of ESG: Emerging Trends and Opportunities
  • Concluding Remarks
Chapter 7 Competitive Intelligence
  • Industry Structure
  • Company Share Analysis
  • Equinor ASA
  • SGRE
  • Mingyang Smart Energy Group
  • Vestas
  • BW Ideol
  • Shanghai Electric Wind Power Group
  • Hexicon AB
  • Strategic Analysis
Chapter 8 Appendix
  • Methodology
  • Information Sources
  • References
  • Abbreviations Used in the Report
  • Company Profiles
  • AKER SOLUTIONS
  • BLUEFLOAT ENERGY INTERNATIONAL S.L.U.
  • BW IDEOL
  • EKWIL
  • EQUINOR ASA
  • GE VERNOVA
  • HEXICON
  • OCEAN WINDS
  • OCERGY INC.
  • ORSTED A/S
  • RWE
  • SIEMENS GAMESA RENEWABLE ENERGY S.A.U.
  • TOTALENERGIES
  • VESTAS
  • X1WIND
List of Tables
Summary Table: Global Market for Floating Offshore Wind Energy, by Country, Through 2030
Table 1: Global Market for Floating Offshore Wind Energy, by Value and Volume, Through 2030
Table 2: Global Weighted Average Aggregate Installed Cost, Capacity Factor and LCOE Trends in Wind Energy, 2010 and 2023
Table 3: Cost Predictions of the Floating Offshore Wind Farm
Table 4: LCOE of Wind Power Plant, 2024
Table 5: Global Market for Floating Offshore Wind Energy, by Floating Platform Technology, Through 2030
Table 6: Semi-Submersible Floating Wind Technology Developments
Table 7: Global Market for Semi-Submersible-Based Floating Offshore Wind Energy, by Country, Through 2030
Table 8: Global Market for Spar-Buoy-Based Floating Offshore Wind Energy, by Country, Through 2030
Table 9: Global Market for TLP-Based Floating Offshore Wind Energy, by Country, Through 2030
Table 10: General Specifications of Barge-Based Floating Offshore Wind Platform
Table 11: Global Market for Barge and Hybrid Systems-Based Floating Offshore Wind Energy, by Country, Through 2030
Table 12: Global Market for Floating Offshore Wind Energy, by Component, Through 2030
Table 13: Global Market for Floating Offshore Wind Energy for Tower, by Country, Through 2030
Table 14: Global Market for Floating Offshore Wind Energy for Floating Platform, by Country, Through 2030
Table 15: Global Market for Floating Offshore Wind Energy for Blade, by Country, Through 2030
Table 16: Floating Offshore Wind System Component Cost Breakdown, 2024
Table 17: Global Market for Floating Offshore Wind Energy for Other Components, by Country, Through 2030
Table 18: Global Market for Floating Offshore Wind Energy, by Water Depth, Through 2030
Table 19: China Operational Floating Offshore Wind Energy Projects, Installed at = 50 Meters
Table 20: Global Market for Floating Offshore Wind Energy for = 50 Meters, by Country, Through 2030
Table 21: Global Market for Floating Offshore Wind Energy for 50 Meters to 100 Meters, by Country, Through 2030
Table 22: Global Market for Floating Offshore Wind Energy for More Than 100 Meters, by Country, Through 2030
Table 23: Global Market for Floating Offshore Wind Energy, by Turbine Rating, Through 2030
Table 24: Global Market for Floating Offshore Wind Energy for Up to 3 MW, by Country, Through 2030
Table 25: Global Market for Floating Offshore Wind Energy for Up to 3 MW, by Country, Through 2030
Table 26: Global Market for Floating Offshore Wind Energy for 8 MW to 12 MW, by Country, Through 2030
Table 27: Global Market for Floating Offshore Wind Energy for More Than 12 MW, by Country, Through 2030
Table 28: New Offshore Wind Installations, by Select Country, 2021-2024
Table 29: Global Market for Floating Offshore Wind Energy, by Country, Through 2030
Table 30: Global Market Volumes of Floating Offshore Wind Energy, by Country, Through 2030
Table 31: Norwegian Market for Floating Offshore Wind Energy, by Component, Through 2030
Table 32: Norwegian Market for Floating Offshore Wind Energy, by Floating Platform Technology, Through 2030
Table 33: Norwegian Market for Floating Offshore Wind Energy, by Depth, Through 2030
Table 34: Norwegian Market for Floating Offshore Wind Energy, by Turbine Rating, Through 2030
Table 35: U.K.’s Floating Offshore Wind Energy Projects, 2026-2033
Table 36: U.K. Market for Floating Offshore Wind Energy, by Component, Through 2030
Table 37: U.K. Market for Floating Offshore Wind Energy, by Floating Platform Technology, Through 2030
Table 38: U.K. Market for Floating Offshore Wind Energy, by Depth, Through 2030
Table 39: U.K. Market for Floating Offshore Wind Energy, by Turbine Rating, Through 2030
Table 40: Chinese Operational Floating Offshore Wind Projects
Table 41: Chinese Market for Floating Offshore Wind Energy, by Component, Through 2030
Table 42: Chinese Market for Floating Offshore Wind Energy, by Floating Platform Technology, Through 2030
Table 43: Chinese Market for Floating Offshore Wind Energy, by Depth, Through 2030
Table 44: Chinese Market for Floating Offshore Wind Energy, by Turbine Rating, Through 2030
Table 45: Portuguese Market for Floating Offshore Wind Energy, by Component, Through 2030
Table 46: Portuguese Market for Floating Offshore Wind Energy, by Floating Platform Technology, Through 2030
Table 47: Portuguese Market for Floating Offshore Wind Energy, by Depth, Through 2030
Table 48: Portuguese Market for Floating Offshore Wind Energy, by Turbine Rating, Through 2030
Table 49: French Market for Floating Offshore Wind Energy, by Component, Through 2030
Table 50: French Market for Floating Offshore Wind Energy, by Floating Platform Technology, Through 2030
Table 51: French Market for Floating Offshore Wind Energy, by Depth, Through 2030
Table 52: French Market for Floating Offshore Wind Energy, by Turbine Rating, Through 2030
Table 53: Spanish Market for Floating Offshore Wind Energy, by Component, Through 2030
Table 54: Spanish Market for Floating Offshore Wind Energy, by Floating Platform Technology, Through 2030
Table 55: Spanish Market for Floating Offshore Wind Energy, by Depth, Through 2030
Table 56: Spanish Market for Floating Offshore Wind Energy, by Turbine Rating, Through 2030
Table 57: Active Wind Turbine Manufacturers in Japan, 2025
Table 58: Japanese Market for Floating Offshore Wind Energy, by Component, Through 2030
Table 59: Japanese Market for Floating Offshore Wind Energy, by Floating Platform Technology, Through 2030
Table 60: Japanese Market for Floating Offshore Wind Energy, by Depth, Through 2030
Table 61: Japanese Market for Floating Offshore Wind Energy, by Turbine Rating, Through 2030
Table 62: RoW Market for Floating Offshore Wind Energy, by Component, Through 2030
Table 63: RoW Market for Floating Offshore Wind Energy, by Floating Platform Technology, Through 2030
Table 64: RoW Market for Floating Offshore Wind Energy, by Depth, Through 2030
Table 65: RoW Market for Floating Offshore Wind Energy, by Turbine Rating, Through 2030
Table 66: ESG Risk Ratings of Floating Offshore Wind Energy Companies, 2025
Table 67: Wind Turbine Suppliers Share in Global FOW Market, by Operational Capacity, 2024
Table 68: Recent Merger and Acquisition Initiatives in FOW Industry, 2021-2025
Table 69: Abbreviations Used in This Report
Table 70: Aker Solutions: Company Snapshot
Table 71: Aker Solutions ASA: Financial Performance, FY 2023 and 2024
Table 72: Aker Solutions: Product Portfolio
Table 73: Aker Solutions: News/Key Developments, 2023-2025
Table 74: BlueFloat Energy International S.L.U.: Company Snapshot
Table 75: BlueFloat Energy International S.L.U.: Product Portfolio
Table 76: BlueFloat Energy International S.L.U.: News/Key Developments, 2024
Table 77: BW Ideol: Company Snapshot
Table 78: BW Ideol: Product Portfolio
Table 79: BW Ideol: News/Key Developments, 2021-2025
Table 80: Ekwil: Company Snapshot
Table 81: Ekwil: Product Portfolio
Table 82: Equinor ASA: Company Snapshot
Table 83: Equinor ASA: Financial Performance, FY 2023 and 2024
Table 84: Equinor ASA: Product Portfolio
Table 85: Equinor ASA: News/Key Developments, 2021-2025
Table 86: GE Vernova: Company Snapshot
Table 87: GE Vernova: Financial Performance, FY 2023 and 2024
Table 88: GE Vernova: Product Portfolio
Table 89: GE Vernova: News/Key Developments, 2024 and 2025
Table 90: Hexicon: Company Snapshot
Table 91: Hexicon: List of Active Floating Wind Energy Projects
Table 92: Hexicon: Financial Performance, FY 2023 and 2024
Table 93: Hexicon: Product Portfolio
Table 94: Hexicon: News/Key Developments, 2025
Table 95: Ocean Winds: Company Snapshot
Table 96: Ocean Winds: List of Floating Wind Energy Projects
Table 97: Ocean Winds: Product Portfolio
Table 98: Ocean Winds: News/Key Developments, 2022-2024
Table 99: OCERGY Inc.: Company Snapshot
Table 100: OCERGY Inc.: Product Portfolio
Table 101: Ocergy Inc.: News/Key Developments, 2023-2025
Table 102: Orsted A/S: Company Snapshot
Table 103: Orsted A/S: Financial Performance, FY 2023 and 2024
Table 104: Orsted A/S: Product Portfolio
Table 105: Orsted A/S: News/Key Developments, 2022-2025
Table 106: RWE: Company Snapshot
Table 107: RWE: Financial Performance, FY 2023 and 2024
Table 108: RWE: Product Portfolio
Table 109: Siemens Gamesa Renewable Energy S.A.U.: Company Snapshot
Table 110: Siemens Gamesa Renewable Energy S.A.U.: Financial Performance, FY 2023 and 2024
Table 111: Siemens Gamesa Renewable Energy S.A.U.: Product Portfolio
Table 112: Siemens Gamesa Renewable Energy S.A.U.: News/Key Developments, 2023-2025
Table 113: TotalEnergies: Company Snapshot
Table 114: TotalEnergies: Financial Performance, FY 2023 and 2024
Table 115: TotalEnergies: Product Portfolio
Table 116: TotalEnergies: News/Key Developments, 2021-2024
Table 117: Vestas: Company Snapshot
Table 118: Vestas: Financial Performance, FY 2023 and 2024
Table 119: Vestas: Product Portfolio
Table 120: Vestas: News/Key Developments, 2022-2024
Table 121: X1Wind: Company Snapshot
Table 122: X1Wind: Product Portfolio
Table 123: X1Wind: News/Key Developments, 2024
List of Figures
Summary Figure: Global Market Shares of Floating Offshore Wind Energy, by Country, 2024
Figure 1: Global Renewable Energy Generation Shares, by Technology, 2021-2024
Figure 2: Porter's Five Forces Analysis of Floating Offshore Wind Energy Market
Figure 3: Value Chain Flowchart for the Floating Offshore Wind Energy Market
Figure 4: SWOT Analysis of the Floating Offshore Wind Energy Market
Figure 5: Global Energy-Related Carbon Dioxide Emissions, 2021-2024
Figure 6: Market Dynamics of Floating Offshore Wind Energy Systems
Figure 7: Integration of Offshore Wind Green Hydrogen Production in Europe, 2022
Figure 8: Global Market Shares of Floating Offshore Wind Energy, by Floating Platform Technology, 2024
Figure 9: Global Market Shares of Semi-Submersible-Based Floating Offshore Wind Energy, by Country, 2024
Figure 10: Global Market Shares of Spar-Buoy-Based Floating Offshore Wind Energy, by Country, 2024
Figure 11: Global Market Shares of TLP-Based Floating Offshore Wind Energy, by Country, 2024
Figure 12: Global Market Shares of Barge and Hybrid Systems-Based Floating Offshore Wind Energy, by Country, 2024
Figure 13: Global Market Shares of Floating Offshore Wind Energy, by Component, 2024
Figure 14: Global Market Shares of Floating Offshore Wind Energy for Tower, by Country, 2024
Figure 15: Global Market Shares of Floating Offshore Wind Energy for Floating Platform, by Country, 2024
Figure 16: Global Market Shares of Floating Offshore Wind Energy for Blade, by Country, 2024
Figure 17: Global Market Shares of Floating Offshore Wind Energy for Other Components, by Country, 2024
Figure 18: Global Market Shares of Floating Offshore Wind Energy, by Water Depth, 2024
Figure 19: Global Market Shares of Floating Offshore Wind Energy for = 50 Meters, by Country, 2024
Figure 20: Global Market Shares of Floating Offshore Wind Energy for 50 Meters to 100 Meters, by Country, 2024
Figure 21: Global Market Shares of Floating Offshore Wind Energy for More Than 100 Meters, by Country, 2024
Figure 22: Global Market Shares of Floating Offshore Wind Energy, by Turbine Rating, 2024
Figure 23: Global Market Shares of Floating Offshore Wind Energy for up to 3 MW, by Country, 2024
Figure 24: Global Market Shares of Floating Offshore Wind Energy for 3 MW to 8 MW, by Country, 2024
Figure 25: Global Market Shares of Floating Offshore Wind Energy for 8 MW to 12 MW, by Country, 2024
Figure 26: Global Market Shares of Floating Offshore Wind Energy for More Than 12 MW, by Country, 2024
Figure 27: New Offshore Wind Installations, Capacity Additions, 2021-2024
Figure 28: Global Market Shares of Floating Offshore Wind Energy, by Country, 2024
Figure 29: Global Market Volume Shares of Floating Offshore Wind Energy, by Country, 2024
Figure 30: Norwegian Market Shares of Floating Offshore Wind Energy, by Component, 2024
Figure 31: Norwegian Market Shares of Floating Offshore Wind Energy, by Floating Platform Technology, 2024
Figure 32: Norwegian Market Shares of Floating Offshore Wind Energy, by Turbine Rating, 2024
Figure 33: U.K. Market Shares of Floating Offshore Wind Energy, by Component, 2024
Figure 34: U.K. Market Shares of Floating Offshore Wind Energy, by Floating Platform Technology, 2024
Figure 35: U.K. Market Shares of Floating Offshore Wind Energy, by Depth, 2024
Figure 36: U.K. Market Shares of Floating Offshore Wind Energy, by Turbine Rating, 2024
Figure 37: Chinese Market Shares of Floating Offshore Wind Energy, by Component, 2024
Figure 38: Chinese Market Shares of Floating Offshore Wind Energy, by Floating Platform Technology, 2024
Figure 39: Chinese Market Shares of Floating Offshore Wind Energy, by Depth, 2024
Figure 40: Chinese Market Shares of Floating Offshore Wind Energy, by Turbine Rating, 2024
Figure 41: Portuguese Market Shares of Floating Offshore Wind Energy, by Component, 2024
Figure 42: Portuguese Market Shares of Floating Offshore Wind Energy, by Depth, 2024
Figure 43: Portuguese Market Shares of Floating Offshore Wind Energy, by Turbine Rating, 2024
Figure 44: French Market Shares of Floating Offshore Wind Energy, by Component, 2024
Figure 45: French Market Shares of Floating Offshore Wind Energy, by Floating Platform Technology, 2024
Figure 46: French Market Shares of Floating Offshore Wind Energy, by Depth, 2024
Figure 47: French Market Shares of Floating Offshore Wind Energy, by Turbine Rating, 2024
Figure 48: Spanish Market Shares of Floating Offshore Wind Energy, by Component, 2024
Figure 49: Spanish Market Shares of Floating Offshore Wind Energy, by Floating Platform Technology, 2024
Figure 50: Spanish Market Shares of Floating Offshore Wind Energy, by Turbine Rating, 2024
Figure 51: Japanese Market Shares of Floating Offshore Wind Energy, by Component, 2024
Figure 52: Japanese Market Shares of Floating Offshore Wind Energy, by Floating Platform Technology, 2024
Figure 53: RoW Market Shares of Floating Offshore Wind Energy, by Component, 2024
Figure 54: RoW Market Shares of Floating Offshore Wind Energy, by Floating Platform Technology, 2024
Figure 55: RoW Market Shares of Floating Offshore Wind Energy, by Depth, 2024
Figure 56: RoW Market Shares of Floating Offshore Wind Energy, by Turbine Rating, 2024
Figure 57: ESG Benefits for the Floating Offshore Wind Energy Industry
Figure 58: Global Market Shares of Floating Offshore Wind Energy, by Leading Suppliers, 2024
Figure 59: Aker Solutions ASA: Revenue Share, by Business Unit, FY 2024
Figure 60: Aker Solutions ASA: Revenue Share, by Country/Region, FY 2024
Figure 61: Equinor ASA: Revenue Share, by Business Unit, FY 2024
Figure 62: GE Vernova: Revenue Share, by Business Unit, FY 2024
Figure 63: GE Vernova: Wind Segment Revenue Share, by Sub-Segment, FY 2024
Figure 64: GE Vernova: Revenue Share, by Country/Region, FY 2024
Figure 65: Hexicon: Revenue Share, by Country/Region, FY 2024
Figure 66: Orsted A/S: Revenue Share, by Business Unit, FY 2024
Figure 67: Orsted A/S: Revenue Share, by Country/Region, FY 2024
Figure 68: RWE: Revenue Share, by Business Unit, FY 2024
Figure 69: RWE: Revenue Share, by Country/Region, FY 2024
Figure 70: Siemens Gamesa Renewable Energy S.A.U.: Revenue Share, by Business Unit, FY 2024
Figure 71: Siemens Gamesa Renewable Energy S.A.U.: Revenue Share, by Country/Region, FY 2024
Figure 72: TotalEnergies: Revenue Share, by Business Unit, FY 2024
Figure 73: TotalEnergies: Revenue Share, by Country/Region, FY 2024
Figure 74: Vestas: Revenue Share, by Business Unit, FY 2024
Figure 75: Vestas: Revenue Share, by Region, FY 2024
Figure 76: Vestas: Revenue Share, by Country, FY 2024

Companies Mentioned

The companies profiled in this Floating Offshore Wind Energy market report include:
  • Aker Solutions
  • Bluefloat Energy International S.L.U.
  • BW Ideol
  • Ekwil
  • Equinor ASA
  • GE Vernova
  • Hexicon
  • Ocean Winds
  • Ocergy Inc.
  • Orsted A/S
  • RWE
  • Siemens Gamesa Renewable Energy SAU
  • TotalEnergies
  • Vestas
  • X1Wind

Table Information

Report AttributeDetails
No. of Pages168
PublishedAugust 2025
Forecast Period2025 - 2030
Estimated Market Value ( USD ) in 2025 $ 1.7 Billion
Forecasted Market Value ( USD ) by 2030 $ 18 Billion
Compound Annual Growth Rate60.1%
Regions CoveredGlobal
No. of Companies Mentioned16

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