{
  "title": "Floating Offshore Wind Power Market Size & Share Analysis - Growth Trends and Forecast (2026 - 2031)",
  "slug": "floating-offshore-wind-power-market",
  "industry": "Renewable Energy (Solar & Wind)",
  "parent_industry": "Energy & Power",
  "url": "https://www.mordorintelligence.com/industry-reports/floating-offshore-wind-power-market",
  "scraped_at": "2026-09-17T17:49:34+07:00",
  "dataset_properties": [
    {
      "@type": "PropertyValue",
      "name": "Market Volume (2026)",
      "value": 0.54,
      "unitText": "gigawatt"
    },
    {
      "@type": "PropertyValue",
      "name": "Market Volume (2031)",
      "value": 4.13,
      "unitText": "gigawatt"
    },
    {
      "@type": "PropertyValue",
      "name": "Growth Rate (2026 - 2031)",
      "value": 50.08,
      "unitText": "PERCENT"
    },
    {
      "@type": "PropertyValue",
      "name": "Fastest Growing Market",
      "value": "Asia Pacific"
    },
    {
      "@type": "PropertyValue",
      "name": "Largest Market",
      "value": "Europe"
    },
    {
      "@type": "PropertyValue",
      "name": "Market Concentration",
      "value": "Low"
    }
  ],
  "faq": [
    {
      "@type": "Question",
      "name": "What is the projected capacity for floating offshore wind by 2031?",
      "acceptedAnswer": {
        "@type": "Answer",
        "text": "Installed capacity is expected to reach 4,130.80 MW by 2031, driven by a 50.08% CAGR."
      }
    },
    {
      "@type": "Question",
      "name": "How do deep-water sites impact project economics?",
      "acceptedAnswer": {
        "@type": "Answer",
        "text": "Depths beyond 60 m unlock larger wind resources but add mooring costs, lifting capex toward USD 4.1 million/MW yet enabling higher capacity factors."
      }
    },
    {
      "@type": "Question",
      "name": "Which turbine rating now sets the benchmark for commercial arrays?",
      "acceptedAnswer": {
        "@type": "Answer",
        "text": "Serial-production 15-16 MW machines now dominate new contracts because they cut foundation counts and balance-of-plant costs."
      }
    },
    {
      "@type": "Question",
      "name": "Why are semi-submersible platforms still favored?",
      "acceptedAnswer": {
        "@type": "Answer",
        "text": "They allow modular yard fabrication, shallow-draft tow-out, and compatibility with turbines up to 20 MW, keeping installed costs competitive."
      }
    },
    {
      "@type": "Question",
      "name": "What policy reforms have improved bankability?",
      "acceptedAnswer": {
        "@type": "Answer",
        "text": "Inflation-indexed CfDs in the United Kingdom and 15-year fixed tariffs in France lower weighted average cost of capital to roughly 6.2%."
      }
    },
    {
      "@type": "Question",
      "name": "How does hydrogen co-location influence returns?",
      "acceptedAnswer": {
        "@type": "Answer",
        "text": "Pairing floating wind with offshore electrolyzers adds a second revenue stream that can lift equity returns by about 150 bps."
      }
    }
  ],
  "images": [
    "images/floating-offshore-wind-power-market-size-image-1776017888365.png",
    "images/floating-offshore-wind-power-market-1748850320266-major-players.png",
    "images/floating-offshore-wind-power-market-Floating-Offshore-Wind-Power-Market-Market-Share-by-Water-Depth-2025-1767791908462.png",
    "images/floating-offshore-wind-power-market-Floating-Offshore-Wind-Power-Market-Market-Share-by-Turbine-Capacity-2025-1767791928943.png",
    "images/floating-offshore-wind-power-market-Floating-Offshore-Wind-Power-Market-CAGR--Growth-Rate-by-Region-2026---2031-1767792015193.png",
    "images/floating-offshore-wind-power-market-competitive-landscape-1763359134152.png",
    "images/market-snapshot.png",
    "images/pdf3.png",
    "images/Esomar-25.png",
    "images/GPTW-25-3xl.png",
    "images/floating-offshore-wind-power-market-size-image-1776017888365.png"
  ],
  "sections_count": 14
}