Global Floating Offshore Wind Growth Opportunities

Global Floating Offshore Wind Growth Opportunities

Government Support, Disruptive Technologies, and Optimized Supply Chains will Drive Cost Reduction and Floating Offshore Wind Deployments

RELEASE DATE
04-Aug-2023
REGION
Global
Deliverable Type
Market Research
Research Code: PE4C-01-00-00-00
SKU: TEMP_2023_56
AvailableYesPDF Download
$2,450.00
In stock
SKU
TEMP_2023_56

Global Floating Offshore Wind Growth Opportunities
Published on: 04-Aug-2023 | SKU: TEMP_2023_56

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Floating offshore wind technology holds the potential to unlock vast wind resources in deep waters not accessible by traditional fixed-bottom offshore wind farms. However, to further promote the adoption of large-scale floating offshore wind farms, several challenges must be addressed. These farms require significant upfront investments in research, development, and deployment, which can act as substantial entry barriers for many companies, particularly during the early stages of market development. To encourage technology growth, government incentives and support are required to reduce risks and uncertainties for investors and project developers. This Frost & Sullivan study provides a comprehensive understanding of the current state of the global floating offshore wind market and the potential for growth and development until 2030. This analysis will help stakeholders make informed decisions and develop strategies to capitalize on the opportunities presented by this emerging renewable energy sector.

Author: Swagath Navin Manohar

Why Is It Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Global Floating Offshore Wind Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Key Findings

Scope of Analysis

Geographic Scope

Questions This Study will Answer

Floating Offshore Wind: An Introduction

Floating Offshore Wind Platforms: An Overview

Floating Offshore Wind Platforms: An Overview (continued)

Impact of Digital Technologies on Floating Offshore Wind Platforms

Impact of Digital Twins on Floating Offshore Wind Platforms

Floating Offshore Wind: Logistics Challenges

Floating Offshore Wind Farms: High-potential Regions

Floating Offshore Wind: Mergers, Collaborations, and Partnerships

Global Floating Offshore Wind Roadmap

Growth Drivers

Growth Restraints

Floating Offshore Wind: Key Trends

Disruptive Technologies to Enhance Efficiency, Reduce Costs, and Improve Viability

Decreasing Cost Economics

Energy Hubs to Optimize Floating Offshore Wind Farms

PPAs to Drive Floating Offshore Wind Capacity Deployments

Green Hydrogen Economy and eFuels

Oil and Gas Companies’ Investments in Floating Offshore Wind

Global Floating Offshore Wind Annual Capacity Additions Forecast

Global Floating Offshore Wind Cumulative Installed Capacity Forecast

Regional Floating Offshore Wind Annual Capacity Additions Forecast

Regional Floating Offshore Wind Cumulative Installed Capacity Forecast

Annual, Cumulative, and Regional Installed Capacity Forecast Discussion

Annual, Cumulative, and Regional Installed Capacity Forecast Discussion (continued)

Global Floating Offshore Wind, Regional Analysis

Global Floating Offshore Wind, Regional Analysis (continued)

Global Floating Offshore Wind, Regional Analysis (continued)

The United States

Spain

Italy

France

Portugal

Australia

Norway

Taiwan

Japan

South Korea

Vietnam

Stakeholders in the Floating Offshore Wind Landscape

Stakeholders in the Floating Offshore Wind Landscape (continued)

Floating Offshore Platform Developers

Key Floating Offshore Wind Platform Developers

Key Floating Offshore Wind Platform Developers (continued)

Key Floating Offshore Wind Platform Developers (continued)

Key Floating Offshore Wind Platform Developers (continued)

Key Floating Offshore Wind Platform Developers (continued)

Key Floating Offshore Wind Platform Developers (continued)

Floating Offshore Wind: Other Participants

Competitive Strategies for Companies

Growth Opportunity 1: Innovative Business Models

Growth Opportunity 1: Innovative Business Models (continued)

Growth Opportunity 2: Mergers/Collaborations/Partnerships across the Value Chain

Growth Opportunity 2: Mergers/Collaborations/Partnerships across the Value Chain (continued)

Growth Opportunity 3: Disruptive Technologies

Growth Opportunity 3: Disruptive Technologies (continued)

Growth Opportunity 4: Green Hydrogen

Growth Opportunity 4: Green Hydrogen (continued)

Growth Opportunity 5: Retired Offshore Oil and Gas Infrastructure

Growth Opportunity 5: Retired Offshore Oil and Gas Infrastructure (continued)

Growth Opportunity 6: Digital Technologies

Growth Opportunity 6: Digital Technologies (continued)

Growth Opportunity 7: Energy Hubs

Growth Opportunity 7: Energy Hubs (continued)

Growth Opportunity 8: eFuels

Growth Opportunity 8: eFuels (continued)

List of Exhibits

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Floating offshore wind technology holds the potential to unlock vast wind resources in deep waters not accessible by traditional fixed-bottom offshore wind farms. However, to further promote the adoption of large-scale floating offshore wind farms, several challenges must be addressed. These farms require significant upfront investments in research, development, and deployment, which can act as substantial entry barriers for many companies, particularly during the early stages of market development. To encourage technology growth, government incentives and support are required to reduce risks and uncertainties for investors and project developers. This Frost & Sullivan study provides a comprehensive understanding of the current state of the global floating offshore wind market and the potential for growth and development until 2030. This analysis will help stakeholders make informed decisions and develop strategies to capitalize on the opportunities presented by this emerging renewable energy sector. Author: Swagath Navin Manohar
More Information
Deliverable Type Market Research
Author Swagath Navin Manohar
Industries Energy
No Index No
Is Prebook No
Keyword 1 Wind Energy Market
Keyword 2 Floating Wind Power Market
Keyword 3 Floating Wind Turbine Market
Podcast No
WIP Number PE4C-01-00-00-00