Floating Wind Power Market - Historic Data (2019-2024), Global Trends 2025, Growth Forecasts 2037
Floating Wind Power Market in 2025 is evaluated at USD 2.18 billion. The global Market size was over USD 1.53 billion in 2024 and is anticipated to witness a CAGR of over 53.3%, crossing USD 395.13 billion revenue by 2037. Asia Pacific is estimated to achieve USD 138.3 billion by 2037, fueled by oil & gas sector growth and increasing renewable energy deployment.
The market is driven by the growing global shift towards clean energy generation. According to the United Nations Organization, by 2030, affordable electricity derived from renewable sources may account for 65% of the global electrical supply. By 2050, it might decarbonize 90% of the electricity industry, drastically reducing carbon emissions and assisting in the fight against climate change. Therefore, there is a rapidly increasing need for energy, partly because of the several worldwide climate objectives established to address the effects of climate change and growing populations.
