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Floating Offshore Wind Energy Market Share
- Report ID: GMI6147
- Published Date: Jul 2023
- Report Format: PDF
Floating Offshore Wind Energy Market Share
Major players operating in the floating offshore wind energy market include:
- Equinor ASA
- RWE
- Ørsted A/S
- Hexicon
- Vestas
- General Electric
- Vattenfall AB
- Siemens Gamesa Renewable Energy
- Global Energy (Group) Limited
- Prysmian Group
- Nexans
- Sumitomo Electric Industries, Ltd and Simply Blue Group
These operating manufacturers are actively involved in strategic joint ventures & contracts to capture the business share.
Frequently Asked Questions (FAQ) :
The market size of floating offshore wind energy reached USD 236.2 million in 2023 and will grow at over 46.1% CAGR during 2024 to 2032 due to the high adoption of green energy sources and the extensive unexplored & unexploited energy potential across various deep-water sea locations.
Horizontal floating offshore wind energy industry is estimated to surpass USD 4.8 billion by 2032 owing to the shifting inclination towards the adoption of clean energy sources and the large-scale renewable energy integration.
The industry size form < 30 m depth segment may exceed USD 2.2 billion by 2032 driven by the increasing public and private mergers and contracts.
Europe floating offshore wind energy sector is expected to register 49% growth rate during 2023-2032 driven by the higher installation of offshore energy projects for power generation and the rising R&D initiatives toward maximizing capacity utilization.
Major players operating in the industry scenario include Equinor ASA, RWE, Ørsted A/S, Hexicon, Vestas, General Electric, Vattenfall AB, Siemens Gamesa Renewable Energy, Global Energy (Group) Limited, Prysmian Group, Nexans, Sumitomo Electric Industries, Ltd., and Simply Blue Group amongst others
Floating Offshore Wind Energy Market Scope
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