GLOBAL FLOATING OFFSHORE WIND TURBINE MARKET

INTRODUCTION

 Due to the fact that wind energy is more powerful offshore than on land, offshore wind has grown recently. They formerly could not be put in particularly deep or complicated seabed locations due to the fact that they were based on fixed structures, but this has changed with the introduction of floating structures.

These platforms, which are attached to the seabed using flexible anchors, chains, or steel cables, can now accommodate the installation of wind turbines.

It is a clean and renewable energy source that is acquired by harnessing the power of the wind offshore, where the absence of impediments allows the wind to travel at a higher and more steady speed.

One of the renewable sources that will be vital to the decarbonization process is solar energy because of its great potential and strategic added value on both a socioeconomic and environmental level.

Offshore floating wind offers new possibilities and alternatives because it relies on floating rather than permanent structures. By enabling the installation of wind turbines in larger, deeper offshore areas with greater wind potential, it essentially opens the door to locations further offshore.

Providing pure, endless, non-polluting energy for a more sustainable planet therefore gets around a roadblock. The potential minimal environmental effect and ease of production and installation of floating offshore wind are two benefits.

The floating turbines and platforms can be produced and installed on land and then towed to the offshore installation location. Also, as was already said, they can benefit from the powerful winds that are blowing in the deeper locations, which increases energy efficiency.

GLOBAL FLOATING OFFSHORE WIND TURBINE MARKET SIZE AND FORECAST

The Global Floating offshore wind turbine market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

Float4WindTM, a novel floating wind energy system from SBM Offshore, was introduced. The second generation of SBM Offshore's ground-breaking offshore wind floater technology, Float4WindTM, is a crucial component of the business's long-term plan to support the energy transition.

Due to its low motion, the new and improved Tension Leg Platform design, a technique previously used in conventional oil & gas production, is perfect for capturing offshore wind energy. Clients may choose a solution from SBM Offshore that offers a variety of advantages.

They include a smaller impact on the seabed, improved yearly energy output, and a more straightforward design that addresses industrialization's issues. The technology is crucially adaptable to greater capacity turbines and appropriate for tougher marine conditions and deeper water.

SBM Offshore is currently actively interacting with clients in the floating offshore wind industry with the goal of contributing significantly to the growth of this important renewable energy source.

COMPANY PROFILE

• SBM
• Suzlon Group
•  Ramboll Group
•  Peikko Group
•  Equinor
• Dominion Energy Inc. 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Floating offshore wind turbine are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Floating offshore wind turbine and key vendor selection criteria
3. Where is the Floating offshore wind turbine manufactured? What is the average margin per unit?
4. Market share of Global Floating offshore wind turbine market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Floating offshore wind turbine in-house
6. key predictions for next 5 years in Global Floating offshore wind turbine market
7. Average B-2-B Floating offshore wind turbine market price in all segments
8. Latest trends in Floating offshore wind turbine market, by every market segment
9. The market size (both volume and value) of the Floating offshore wind turbine market in 2023-2030 and every year in between?
10. Production breakup of Floating offshore wind turbine market, by suppliers and their OEM relationship