Floating Wind Turbine Market Projected to Cross $30.6 Billion by 2027
Download Sample PDF @ https://www.alliedmarketresearch.com/request-sample/7963
Based on foundation, the spar-buoy segment garnered highest floating wind turbine market share, owing to its simple design which can be easily fabricated. In addition, spar-buoy involves few numbers of welds unlike other designs.
Based on depth, the deep water (>60 meter) segment emerged as the market leader. The installation of deep water turbine offers large area with no constraint of water depth which helps in selecting the best site for wind power plant.
Europe accounted for significant floating wind turbine market share, owing to favorable government measures to promote renewable power sources for industrial and commercial applications.
Major players have adopted product launch, business expansion, and acquisition to sustain the intense market competition. The key players profiled in the floating wind turbine market report include Siemens Gamesa Renewable, MHI Vestas Offshore Wind, Senvion SA, ABB group, GE Renewable Energy, and NORDEX SE.
For Enquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/7963
Key findings of the study
• Semi-submersible Foundation is projected to grow at the highest CAGR of approximately 33.9%, in terms of revenue, during the forecast period.
• By depth, the shallow water segment is anticipated to grow with a CAGR of 33.3%, in terms of revenue, during the forecast period.
• The Europe dominated the floating wind turbine market with more than 60% revenue shares in 2019.
COVID-19 scenario analysis:
• Nation wise lockdown has severely impacted the wind turbine manufacturing in countries like China, Germany. Large number of manufacturing plants across these countries were operating with limited production capacity for last 6-8 months which negatively impacted the floating wind turbine market growth
• Additionally, reduced manpower for planned maintenance became a major issue for industry players. As social distancing norms were imposed during the pandemic, it largely reduced active manpower in manufacturing sites
• Furthermore, disruption in supply chain led to various project delays and cancellation of orders which further affected the key markets for both blade production and wind turbine installations.
• However, implementation of digitization may aid in remote monitoring for project execution; thus, limiting the labor force as much as possible.
Get detailed COVID-19 impact analysis on the Floating Wind Turbine Market @ https://www.alliedmarketresearch.com/request-for-customization/7963?reqfor=covid
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free: 1-800-792-5285
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Follow us on: https://www.linkedin.com/company/allied-market-research
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Floating Wind Turbine Market Projected to Cross $30.6 Billion by 2027 here
News-ID: 2401598 • Views: 196
More Releases from Allied Market Research
Fantasy Sports Market in Asia-Pacific & Canada is Expected to Reach $3,739.8 Mil …
According to a new report published by Allied Market Research, titled, “Asia-Pacific & Canada Fantasy Sports Market by Sports Type, Platform, and Demographic: Regional Opportunity Analysis and Industry Forecast, 2021–2027,” Asia-Pacific & Canada fantasy sports market size was valued at $2,021.9 million in 2019, and is projected to reach $3,739.8 million by 2027, growing at a CAGR of 10.7% from 2021 to 2027. Fantasy sport is played using internet where participants
Hammock Market Size Is Projected Reach $639.8 Million By 2030, Registering At A …
Surge in hiking and adventure tourism, rise in demand from residential segment, and expansion of hospitality industry drive the growth of the global hammock market. North America contributed to the highest share in terms of revenue in 2020. The outbreak of the COVID-19 pandemic has resulted in transition of consumers toward online sales channels to purchase campaigning gear products including hammocks. According to the report published by Allied Market Research, the
Cotton Personal-Care Product Market 2021: Top Factors That Are Leading The Deman …
A lead analyst at AMR highlighted the market across Europe region is expected to dominate in terms of revenues throughout the forecast period. Allied Market Research published a research report on the Cotton personal-care product market. The findings of the report states that the global market for Cotton personal-care product is expected to reach $19.15 billion by 2028, manifesting a CAGR of 4.6% from 2020 to 2028. The report provides valuable
Global Football Sportswear Market Growing Trade Among Emerging Economies Opening …
As per the report published by Allied Market Research, the global football sportswear market is estimated to reach $114.41 billion by 2027, growing at a CAGR of 5.3% from 2021 to 2027. The report highlights market characteristics, market potential, and growth by segmentation, and competitive landscape. Rise in sportswomen, surge in participation in football, and development in sportswear drive the growth of the global football sportswear market. Access Full Summary: https://www.alliedmarketresearch.com/football-sportswear-market-A09835 Chinese companies
More Releases for Win
Whitefish Marketing win Essex Digital Award 2016
Second Award for Whitefish Marketing The Essex Digital Awards (EDA) 2016 celebrate many deserving organisations for their online success, covering a number of categories which include “Responsive Website”, “Mobile App” “Use of Social Media for Business” . The awards were held at the Weston Homes Community Stadium on the 14th April, where UK College of Business Computing - a client of Whitefish Marketing who are SEO and web development specialist -
Get Visual. Win Contracts.
Government Contracting Institute—Linthicum Heights, MD—February 24, 2016— On Tuesday, March 1, the Government Contracting Institute (Institute) presents an in-person only course entitled, “Billion Dollar Proposal & Presentation Graphics” at TargetGov headquarters in Linthicum Heights, MD. This unique in-person hands-on course trains people who have no graphics background to create visually communicative, compelling graphics that will help their companies win Government contracts—without using expensive, complicated software. Qualified companies who do not
Shazaaam PR Campaigns Win Three International Awards
NOVI, Mich., June 27th, 2011 ― Shazaaam! Public Relations, based in Novi, Mich., today announced that it has won three awards in two international communications competitions―the MarCom Awards and the Hermes Creative Awards. The MarCom Awards are administered by the Association of Marketing & Communications Professionals to honor outstanding achievement and service to the communications profession. Shazaaam received two MarCom gold awards: One for trade media placement for a
Win US$100 On Dalili.com.eg!
Cairo, Egypt – December 24, 2010 – Dalili.com.eg is running a contest from December 12, 2010 until January 30, 2011 to encourage its users to write and submit reviews of the establishments they visit and the businesses at which they shop. A cash prize of US$100 is awarded to the user that writes the most qualifying reviews each week. The rules are easy. To qualify, the user must write at least
TMI cagers win coast tourney
The mens varsity basketball team of TMI – The Episcopal school of Texas won the annual Marlin Classic Tournament, held Nov. 18-20 at Port Aransas High School. The Panthers won all four of their games to claim first place, while guard Nathanael Sherrod, a junior, won Most Valuable Player, and guard Mario Duran, also a junior, was named to the All Tournament team. “We are off to a good start
Mindfire Professionals win ISTQB Certification
06/24/2010, New Delhi, India: Mindfire Solutions announces that another batch of its software professionals have cleared the prestigious “Foundation Level Certification in Software Testing” certification organized by Indian Testing Board (ITB). Indian Testing Board (ITB) is the International Software Testing Qualifications Board (ISTQB) approved national board for India. ITB is responsible for the "ISTQB-Certified-Tester" Certification in India. The ISTQB was officially founded as an International Testing Qualifications Board in Edinburgh