Offshore Wind Turbine Installation Vessel Sales Market Status and Outlook 2023: Global Industry Size, Share, Growth, Revenue, Regional Segmentation, Opportunity and Forecast to 2029

Self-propelled jack-up vessel is a vessel specifically designed for the installation of offshore wind turbines. Similar to a jack-up rig it is self-elevating. To enable quick relocation in the wind farm it is self-propelled. It also has a slender ship shaped hull to achieve a quick turnaround time with the vessel carrying several foundations or wind turbines each time. Azimuth thrusters are used to position the vessel during jack-up operations.
Besides self-propelled jack-up vessel, heavy lift vessel and other jack-up vessel which is used in wind turbine installation is also discussed as offshore wind turbine installation vessels. And in this report, we focus on the service market which is the most important part of the global offshore wind turbine installation vessel market.

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Market Analysis and Insights: Global Offshore Wind Turbine Installation Vessel Market
Due to the COVID-19 pandemic, the global Offshore Wind Turbine Installation Vessel market size is estimated to be worth US$ 2005.4 million in 2022 and is forecast to a readjusted size of US$ 5595.8 million by 2029 with a CAGR of 15.6% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Self-Propelled Jack-Up Vessel accounting for % of the Offshore Wind Turbine Installation Vessel global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Onshore Wind segment is altered to an % CAGR throughout this forecast period.
A2SEA, MPI-Offshore, Seajacks, Fred. Olsen Windcarrier and Geosea are the top 5 of Offshore Wind Turbine Installation Vessel, with about 56% market shares.

Global Offshore Wind Turbine Installation Vessel Scope and Market Size
The global Offshore Wind Turbine Installation Vessel market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Offshore Wind Turbine Installation Vessel market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.

Segment by Type
- Self-Propelled Jack-Up Vessel
- Normal Jack-Up Vessel
- Heavy Lift Vessel

Segment by Application
- Onshore Wind
- Offshore Wind

By Region
- United States
- Europe
- China
- Japan
- Southeast Asia
- India
- Other Regions

By Company
- A2SEA
- MPI-Offshore
- Seajacks
- Fred. Olsen Windcarrier
- Geosea
- Van Oord
- Jack-Up Barge
- SEAFOX
- Swire Blue Ocean
- Gaoh Offshore
- NO.3 Engineering
- Longyuan Power

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