Global Floating Offshore Wind Power Support Structure System Market is anticipated to grow 1.5x by the end forecast period with a CAGR of over 8.6% during the forecast period (2022 to 2030).
Offshore wind is one of the most promising and environmentally benign energy generation technologies available. Though it has a high-capacity factor when compared to comparable technologies like solar and onshore wind, its high capital cost prevents it from being used. Offshore wind turbines are prone to erosion since they operate in hostile maritime environments for decades. Even the most beneficial characteristics, such as strong wind speeds, may become a disadvantage for offshore wind turbines. When the wind speed surpasses 25 m/s, the turbines, for example, tend to shut down. As the scale of offshore wind farms has become larger, so have the problems of construction, transportation, installation, and operation.
COVID-19 has delayed offshore wind industry development, since nations were obliged to impose lockdowns in the first half of 2020. Governments and municipal governments imposed strict rules, and all non-essential activity were suspended. This had a negative impact on the offshore wind sector since there was less attention on its development. Furthermore, during the second quarter, manufacturing and supply chain delays were observed, posing a challenge to the offshore wind industry.
Global Floating Offshore Wind Power Support Structure System Market Segmentation:
Global Floating Offshore Wind Power Support Structure System Market, by Component
- Turbines
- Electrical Infrastructure
- Substructure
- Others
Global Floating Offshore Wind Power Support Structure System Market, by Location
- Shallow Water
- Transitional Water
- Deep Water
Based on the region, the Global Floating Offshore Wind Power Support Structure System printing market has been segmented into five geographical regions, namely, North America, Europe, Asia Pacific, South America, and the Middle East and Africa. In 2020, Europe has the largest market region in the global Floating Offshore Wind Power Support Structure System market.
Global Floating Offshore Wind Power Support Structure System Market, by region
North America
US
Canada
Mexico
Europe
Germany
Italy
France
UK
Spain
Poland
Russia
Slovenia
Slovakia
the Netherlands
Belgium
Norway
Denmark
Czech Republic
Sweden
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Indonesia
Malaysia
Thailand
Vietnam
the Philippines
Singapore
Australia & New Zealand
Rest of Asia Pacific
South America
Brazil
Argentina
Colombia
Rest of Latin America
The Middle East & Africa
Saudi Arabia
UAE
South Africa
Northern Africa
Rest of MEA
Major market players covered in the Global Floating Offshore Wind Power Support Structure System Market:
- General Electric
- Vestas
- Siemens Gamesa
- Goldwind
- Shanghai Electric Wind Power Equipment Co.
- ABB
- Doosan Heavy Industries and Construction
- Hitachi
- Nordex SE
- EEW
- Nexans
- DEME
- Ming Yang Smart Energy Group Co
- Envision
- Rockwell Automation
- Hyundai Motor Group
- Schneider Electric
(Note: Major players list will be updated with the latest market scenario and trends)
Competitive Landscape:
- Established companies
- Emerging players who are growing rapidly
- New Entrants and Prominent Startups
- Competitive Product Benchmarking
- Product Development Matrix
Regional Research Reports Key Takeaways:
- Growth prospects
- SWOT analysis
- Key trends
- Key data-points affecting market growth
Objectives of the Study:
The Global Floating Offshore Wind Power Support Structure System market report provides a thorough analysis of macro-economic factors and every segment's market attractiveness. The report will include a comprehensive qualitative and quantitative analysis of segmental/regional outlooks, as well as market players' presence in each segment and region/country. The inputs are included in the report's information.
Global Floating Offshore Wind Power Support Structure System Market Report Covers Comprehensive Analysis On:
- Market Segmentation & Regional Analysis
- Market Size of 10 years
- Pricing Analysis
- Supply & Demand Analysis
- Product Life Cycle Analysis
- Porter's Five Forces & Value Chain Analysis
- Developed & Emerging Economies Analysis
- PEST Analysis
- Market and Forecast Factor Analysis
- Market Opportunities, Risks, & Trends
- Conclusion & Recommendation
- Regulatory Landscape
- Patent Analysis
- Competition Landscape
- 15+ Company Profiles
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