Floating Wind Power Market Size, Share, and Trends 2024 to 2034

The global floating wind power market size accounted for USD 3.85 billion in 2024, grew to USD 5.48 billion in 2025 and is predicted to surpass around USD 132.84 billion by 2034, representing a healthy CAGR of 42.50% between 2024 and 2034.

  • Last Updated : December 2024
  • Report Code : 2225
  • Category : Energy and Power

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Floating Wind Power Market 

5.1. COVID-19 Landscape: Floating Wind Power Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Floating Wind Power Market, By Water Depth

8.1. Floating Wind Power Market, by Water Depth, 2024-2034

8.1.1. Shallow Water

8.1.1.1. Market Revenue and Forecast (2021-2034)

8.1.2. Transitional water

8.1.2.1. Market Revenue and Forecast (2021-2034)

8.1.3. Deep Water

8.1.3.1. Market Revenue and Forecast (2021-2034)

Chapter 9. Global Floating Wind Power Market, By Turbine Capacity

9.1. Floating Wind Power Market, by Turbine Capacity, 2024-2034

9.1.1. Up to 3 MW

9.1.1.1. Market Revenue and Forecast (2021-2034)

9.1.2. 3 MW – 5 MW

9.1.2.1. Market Revenue and Forecast (2021-2034)

9.1.3. Above 5 MW

9.1.3.1. Market Revenue and Forecast (2021-2034)

Chapter 10. Global Floating Wind Power Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Water Depth (2021-2034)

10.1.2. Market Revenue and Forecast, by Turbine Capacity (2021-2034)

10.1.3. U.S.

10.1.3.1. Market Revenue and Forecast, by Water Depth (2021-2034)

10.1.3.2. Market Revenue and Forecast, by Turbine Capacity (2021-2034)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Forecast, by Water Depth (2021-2034)

10.1.4.2. Market Revenue and Forecast, by Turbine Capacity (2021-2034)

10.2. Europe

10.2.1. Market Revenue and Forecast, by Water Depth (2021-2034)

10.2.2. Market Revenue and Forecast, by Turbine Capacity (2021-2034)

10.2.3. UK

10.2.3.1. Market Revenue and Forecast, by Water Depth (2021-2034)

10.2.3.2. Market Revenue and Forecast, by Turbine Capacity (2021-2034)

10.2.4. Germany

10.2.4.1. Market Revenue and Forecast, by Water Depth (2021-2034)

10.2.4.2. Market Revenue and Forecast, by Turbine Capacity (2021-2034)

10.2.5. France

10.2.5.1. Market Revenue and Forecast, by Water Depth (2021-2034)

10.2.5.2. Market Revenue and Forecast, by Turbine Capacity (2021-2034)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Forecast, by Water Depth (2021-2034)

10.2.6.2. Market Revenue and Forecast, by Turbine Capacity (2021-2034)

10.3. APAC

10.3.1. Market Revenue and Forecast, by Water Depth (2021-2034)

10.3.2. Market Revenue and Forecast, by Turbine Capacity (2021-2034)

10.3.3. India

10.3.3.1. Market Revenue and Forecast, by Water Depth (2021-2034)

10.3.3.2. Market Revenue and Forecast, by Turbine Capacity (2021-2034)

10.3.4. China

10.3.4.1. Market Revenue and Forecast, by Water Depth (2021-2034)

10.3.4.2. Market Revenue and Forecast, by Turbine Capacity (2021-2034)

10.3.5. Japan

10.3.5.1. Market Revenue and Forecast, by Water Depth (2021-2034)

10.3.5.2. Market Revenue and Forecast, by Turbine Capacity (2021-2034)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Forecast, by Water Depth (2021-2034)

10.3.6.2. Market Revenue and Forecast, by Turbine Capacity (2021-2034)

10.4. MEA

10.4.1. Market Revenue and Forecast, by Water Depth (2021-2034)

10.4.2. Market Revenue and Forecast, by Turbine Capacity (2021-2034)

10.4.3. GCC

10.4.3.1. Market Revenue and Forecast, by Water Depth (2021-2034)

10.4.3.2. Market Revenue and Forecast, by Turbine Capacity (2021-2034)

10.4.4. North Africa

10.4.4.1. Market Revenue and Forecast, by Water Depth (2021-2034)

10.4.4.2. Market Revenue and Forecast, by Turbine Capacity (2021-2034)

10.4.5. South Africa

10.4.5.1. Market Revenue and Forecast, by Water Depth (2021-2034)

10.4.5.2. Market Revenue and Forecast, by Turbine Capacity (2021-2034)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Forecast, by Water Depth (2021-2034)

10.4.6.2. Market Revenue and Forecast, by Turbine Capacity (2021-2034)

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Water Depth (2021-2034)

10.5.2. Market Revenue and Forecast, by Turbine Capacity (2021-2034)

10.5.3. Brazil

10.5.3.1. Market Revenue and Forecast, by Water Depth (2021-2034)

10.5.3.2. Market Revenue and Forecast, by Turbine Capacity (2021-2034)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Forecast, by Water Depth (2021-2034)

10.5.4.2. Market Revenue and Forecast, by Turbine Capacity (2021-2034)

Chapter 11. Company Profiles

11.1. General Electric (US),

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Vestas (Denmark)

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Siemens Gamesa (Spain),

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Goldwind (China)

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Shanghai Electric Wind Power Equipment Co. (China),

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. ABB (Switzerland)

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Doosan Heavy Industries and Construction (South Korea)

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Hitachi (Japan)

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Nordex SE (Germany)

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. EEW (Germany)

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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