Floating Wind Turbine Market - Top Companies and Manufacturers

  • Report ID: 3352
  • Published Date: Jun 28, 2024
  • Report Format: PDF, PPT

Companies Dominating the Floating Wind Turbine Landscape

top-features-companies
    • The General Electric Company
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • ABB Ltd
    • Siemens Gamesa Renewable Energy, S.A.
    • Mingyang Smart Energy Group Co., Ltd.
    • Suzlon Energy Ltd.
    • NORDEX SE
    • Vestas Wind Systems A/S
    • Envision Group
    • Xinjiang Goldwind Science & Technology Co., Ltd.
    • Iberdrola, S.A.

Browse Key Market Insights with Data Illustration:

In the News

  • Vestas Wind Systems A/S to deliver 21 V162-6.0 MW turbines for the 126 MW Posio Murtotuuli project by Taaleri Energia in Finland. These turbines will be equipped with an anti-icing system to work in harsh climatic conditions.

  • Siemens Gamesa Renewable Energy, S.A. to supply offshore wind turbines for three wind power projects of Hai Long in Taiwan. The Hai Long Offshore Wind Project extends to 1,044 MW.

  • Iberdrola, S.A. and Vestas Wind Systems A/S to collaborate for the 476 MW Baltic Eagle offshore project in Germany.


Author Credits:  Dhruv Bhatia


  • Report ID: 3352
  • Published Date: Jun 28, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of floating wind turbine is estimated at USD 1.08 Billion.

The floating wind turbine market size was valued at USD 898.58 Million in 2023 and is poised to cross USD 17.21 Billion by 2036, registering more than 25.5% CAGR during the forecast period i.e., between 2024-2036. Growing consumption of electricity, worldwide surging depletion of traditional resources, and rising need to reduce escalating carbon footprint are the major factors driving the market growth.

Europe industry share is anticipated to cross 38% by 2036, owing to presence of a large number of offshore wind farms in several countries, such as Denmark, Norway, the United Kingdom, and Russia, along with high untapped potential in the region.

The General Electric Company, ABB Ltd, Siemens Gamesa Renewable Energy, S.A., Mingyang Smart Energy Group Co., Ltd., Suzlon Energy Ltd., NORDEX SE, Vestas Wind Systems A/S, Envision Group, Xinjiang Goldwind Science & Technology Co., Ltd., Iberdrola, S.A.
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