Global Floating Wind Turbine Market 2024-2030

    In Stock

    FLOATING WIND TURBINE MARKET

     

    INTRODUCTION

    An offshore wind turbine that is mounted on a floating structure is referred to as a floating wind turbine and can produce power in sea depths where fixed-foundation turbines are impractical. From there, the process continues as usual: the wind’s force turns the blades, and the wind turbine transforms the kinetic energy into electricity.

     

    This electricity is then sent via underwater cables to an offshore substation, where it is then transferred to an onshore substation near the coast, and finally to individual homes via power lines. The first complete floating wind farm array will be built 20 miles south of Monhegan Island in Maine.

     

    In a manner similar to that of a floating oil platform, floating turbines are fastened to the ocean floor with several mooring lines and anchors. By controlling the turbine blades, improving power output, and lowering stress on the tower, substructure, and moorings, floating wind turbine motion controllers stabilize the turbine.

     

    The fact that they can be built in many locations is a major benefit of floating wind turbines. They aren’t limited to shallow seas anymore. In addition to being able to position turbines farther out to sea, they can also catch stronger and more consistent winds. Aspirations for the Floating Offshore Wind Energy Earthshot Create affordable deep-water technologies.

     

    Huge volumes of dependable, clean energy should be used. In the manufacturing, construction, and other sectors, create jobs. Develop supply networks by, for example, adjusting port infrastructure to aid growth. Foundations for floating offshore wind turbines are constructed using automated welding.

     

    When a wind tower base is kept at a location by lengthy cables tied to the seafloor, it is referred to as a floating foundation or structure. In fact, wind towers can be placed as far out as 200–300 meters of water because of this.

     

    FLOATING WIND TURBINE MARKET SIZE AND FORECAST

    Infographic: Floating Wind Turbine Market, Floating Wind Turbine Market Size, Floating Wind Turbine Market Trends, Floating Wind Turbine Market Forecast, Floating Wind Turbine Market Risks, Floating Wind Turbine Market Report, Floating Wind Turbine Market Share

    The Global floating wind turbine market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

     

    FLOATING WIND TURBINE MARKET  RECENT DEVELOPMENT 

    Offshore Wind Turbines with a 15+ MW Floating Foundation Go Online Deepsea Star is a hard environment floating wind foundation developed by Odfjell Oceanwind to support wind turbines with a 15 MW and higher capacity.

     

    The Deepsea Star is a semi-submersible, column-stabilized steel structure with a central tower for a wind turbine that is made to support the weights and loads of the 15 MW turbines that will be made accessible for floating wind.

     

    Based on Siemens Gamesa’s SG 14-236 DD and a multi-location design basis that encompasses the harshest environment areas essential for floating offshore wind globally, the Deepsea Star is currently undergoing the Basic Design Approval (BDA) from DNV.

     

    The Deepsea Star is the culmination of Odfjell’s 50 years of experience managing semi-submersible structures in challenging environmental circumstances and his 20 years of creating floating wind solutions.

     

    Moving up to the 15 MW WTGs makes floating wind applicable for bigger utility scale wind parks and will have a substantial impact on reducing the LCOE in the upcoming years.

     

    The revised design has now successfully passed the model tank test, the CEO of Odfjell Oceanwind added, and the company’s design team is currently collaborating with the turbine supplier and DNV to finish the certification process to a BDA level.

     

    Developers of seabed leases in challenging locations may be able to shave off a considerable amount of time and reduce risk in their development programs by having a BDA qualified design for 15 MW WTG and a multi-locational, harsh environment design base. In particular, Scotwind, INTOG, and Utsira Nord fall within this category.

     

    Site-specific metocean data can also be improved for The Deepsea Star.By having a BDA qualified design for 15 MW WTG and a multi-locational, harsh environment design base, developers of seabed leases in difficult locations may be able to cut down on time and risk in their development programs.

     

    In particular, this applies to Scotland, INTOG, and Utsira Nord. The Deepsea Star’s site-specific metocean data can also be upgraded. Longer turbine blades let them catch more wind as towers climb taller. Turbines can spin and produce power at lower speeds by utilizing lighter, stronger materials like carbon fibre or sophisticated textiles (the same composite materials used for next-generation aeroplanes).

     

    One of the original high-quality building blocks of epoxy resin as well as undamaged glass fibers can be extracted at the same time as the epoxy composite of wind turbine blades is disassembled using a chemical procedure created by researchers. Possible applications for the recovered materials include the manufacture of new blades.

     

    Pollution from noise and light is one of the major drawbacks of wind energy. Both the mechanical operation and the wind vortex produced when the blades are whirling cause wind turbines to be noisy when they are in use.

     

    It may look strange when some wind turbines are spinning very quickly while the blades on others nearby are not moving since the blades on wind turbines can reach speeds of up to 200 mph. As reinforcement materials, we may alternatively utilize carbon fibre or aramid (Kevlar). These days, research is being done into the potential applications of wood compounds like wood-epoxy or wood-fibre-epoxy.

     

    THIS FLOATING WIND TURBINE MARKET  REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many floating wind turbines are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global floating wind turbine and key vendor selection criteria
    3. Where is the floating wind turbine manufactured? What is the average margin per unit?
    4. Market share of Global floating wind turbine market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global floating wind turbine in-house
    6. key predictions for next 5 years in Global floating wind turbine market
    7. Average B-2-B floating wind turbine market price in all segments
    8. Latest trends in floating wind turbine market, by every market segment
    9. The market size (both volume and value) of the floating wind turbine market in 2024-2030 and every year in between?
    10. Production breakup of floating wind turbine market, by suppliers and their OEM relationship

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
    0
      0
      Your Cart
      Your cart is emptyReturn to Shop