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North America Floating Offshore Wind Energy Market Size
- Report ID: GMI8969
- Published Date: Apr 2024
- Report Format: PDF
North America Floating Offshore Wind Energy Market Size
North America Floating Offshore Wind Energy Market size was valued USD 24.1 Million in 2023 and is anticipated to grow at a CAGR of 39.4% from 2024 to 2032. It refers to the generation of electricity from wind turbines that are installed on floating structures anchored to the seabed in deep waters, typically beyond the continental shelf. The floating technology can be deployed in deeper waters where seabed conditions are not suitable for fixed installations.
Rising advancements in technology enabling it to harness the wind energy to generate clean electricity will augment the industry landscape. Abundant wind resources along the various coastlines of the region stretching across its maritime territories will create immense opportunities for the floating market growth. Furthermore, improving strategic partnerships and collaborative initiatives will drive investments and innovation, thereby positively impacting the industry outlook.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| North America Floating Offshore Wind Energy Market Size in 2023: | USD 24.1 Million |
| Forecast Period: | 2024 - 2032 |
| Forecast Period 2024 - 2032 CAGR: | 39.4% |
| 2032 Value Projection: | USD 490.3 Million |
| Historical Data for: | 2019 to 2022 |
| No. of Pages: | 180 |
| Tables, Charts & Figures: | 230 |
| Segments covered: | Axis, Component, Depth, Turbine Rating and Country |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
North America Floating Offshore Wind Energy Market Scope
