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Europe Floating Offshore Wind Energy Market Share

Report ID: GMI9369
Published Date: May 2024
Report Format: PDF

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Europe Floating Offshore Wind Energy Market Share

Eminent market players are prioritizing technology innovation to develop advanced floating offshore wind solutions that offer competitive advantages in terms of performance, efficiency, and cost-effectiveness. Key players are strategically collaborating through partnerships, joint ventures, and consortia to access expertise, resources, and funding. These alliances accelerate project development, technology deployment, and market expansion, enhancing operational efficiency and scalability for companies in the industry.

Europe Floating Offshore Wind Energy Market Companies

Eminent players operating in the Europe floating offshore wind energy industry are:

Blue Gem Wind
Diamond Offshore Wind
Equinor ASA
Flotation Energy
General Electric
IberBlue Wind
Nexans
Ørsted A/S
Prysmian Group
Principle Power Inc.
RWE
Sumitomo Electric Industries, Ltd
Simply Blue Group
Siemens Gamesa Renewable Energy
Vestas Wind Systems A/S

Authors: Ankit Gupta, Pooja Shukla

Frequently Asked Questions (FAQ) :

The market size of Europe floating offshore wind energy was reached USD 168.3 million in 2023 and is anticipated to grow at 49.4% CAGR during 2024 to 2032, driven by rising focus on enhancing energy security and achieving decarbonization targets.

The tower component segment in the Europe floating offshore wind energy industry is anticipated to grow by more than USD 2 billion by 2032, led by rising advancements in tower design and construction.

Germany floating offshore wind energy market will exceed USD 337.9 million by 2032, owing to a supportive policy environment and regulatory framework for offshore wind energy.

Blue Gem Wind, Diamond Offshore Wind, Equinor ASA, Flotation Energy, General Electric, IberBlue Wind, Nexans, Ørsted A/S, Prysmian Group, Principle Power Inc., and RWE among others.