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Wind Turbine Installation Vessel-Global Market Insights and Sales Trends 2024
Synopsis
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.
The global Wind Turbine Installation Vessel market size is expected to reach US$ 43 million by 2029, growing at a CAGR of 13.9% from 2023 to 2029. The market is mainly driven by the significant applications of Wind Turbine Installation Vessel in various end use industries. The expanding demands from the Offshore and Others, are propelling Wind Turbine Installation Vessel market. Self-propelled Jack-up Vessel, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Normal Jack-up Vessel segment is estimated at % CAGR for the next seven-year period.
Global Wind Turbine Installation Vessel key players include SEAFOX, DEME, Jack-Up Barge, etc. Global top three manufacturers hold a share over 20%.
Germany is the largest market, with a share over 55%, followed by China, and Denmark, both have a share over 25 percent.
In terms of product, Self-Propelled Jack-Up Vessel is the largest segment, with a share over 45%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Wind Turbine Installation Vessel, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Wind Turbine Installation Vessel market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Wind Turbine Installation Vessel market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Wind Turbine Installation Vessel sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Wind Turbine Installation Vessel covered in this report include DEME, Seajacks, Fred. Olsen Windcarrier, Van Oord (MPI-Offshore), Jack-Up Barge, SEAFOX, Swire Blue Ocean, Longyuan Zhenhua and CCCC Third Harbor Engineering, etc.
The global Wind Turbine Installation Vessel market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
DEME
Seajacks
Fred. Olsen Windcarrier
Van Oord (MPI-Offshore)
Jack-Up Barge
SEAFOX
Swire Blue Ocean
Longyuan Zhenhua
CCCC Third Harbor Engineering
Global Wind Turbine Installation Vessel market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Wind Turbine Installation Vessel market, Segment by Type:
Self-propelled Jack-up Vessel
Normal Jack-up Vessel
Heavy Lift Vessel
Global Wind Turbine Installation Vessel market, by Application
Offshore
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Wind Turbine Installation Vessel manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Wind Turbine Installation Vessel in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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.
The global Wind Turbine Installation Vessel market size is expected to reach US$ 43 million by 2029, growing at a CAGR of 13.9% from 2023 to 2029. The market is mainly driven by the significant applications of Wind Turbine Installation Vessel in various end use industries. The expanding demands from the Offshore and Others, are propelling Wind Turbine Installation Vessel market. Self-propelled Jack-up Vessel, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Normal Jack-up Vessel segment is estimated at % CAGR for the next seven-year period.
Global Wind Turbine Installation Vessel key players include SEAFOX, DEME, Jack-Up Barge, etc. Global top three manufacturers hold a share over 20%.
Germany is the largest market, with a share over 55%, followed by China, and Denmark, both have a share over 25 percent.
In terms of product, Self-Propelled Jack-Up Vessel is the largest segment, with a share over 45%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Wind Turbine Installation Vessel, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Wind Turbine Installation Vessel market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Wind Turbine Installation Vessel market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Wind Turbine Installation Vessel sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Wind Turbine Installation Vessel covered in this report include DEME, Seajacks, Fred. Olsen Windcarrier, Van Oord (MPI-Offshore), Jack-Up Barge, SEAFOX, Swire Blue Ocean, Longyuan Zhenhua and CCCC Third Harbor Engineering, etc.
The global Wind Turbine Installation Vessel market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
DEME
Seajacks
Fred. Olsen Windcarrier
Van Oord (MPI-Offshore)
Jack-Up Barge
SEAFOX
Swire Blue Ocean
Longyuan Zhenhua
CCCC Third Harbor Engineering
Global Wind Turbine Installation Vessel market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Wind Turbine Installation Vessel market, Segment by Type:
Self-propelled Jack-up Vessel
Normal Jack-up Vessel
Heavy Lift Vessel
Global Wind Turbine Installation Vessel market, by Application
Offshore
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Wind Turbine Installation Vessel manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Wind Turbine Installation Vessel in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Wind Turbine Installation Vessel Market Overview
1.1 Wind Turbine Installation Vessel Product Overview
1.2 Wind Turbine Installation Vessel Market Segment by Type
1.2.1 Self-propelled Jack-up Vessel
1.2.2 Normal Jack-up Vessel
1.2.3 Heavy Lift Vessel
1.3 Global Wind Turbine Installation Vessel Market Size by Type
1.3.1 Global Wind Turbine Installation Vessel Market Size Overview by Type (2018-2029)
1.3.2 Global Wind Turbine Installation Vessel Historic Market Size Review by Type (2018-2023)
1.3.3 Global Wind Turbine Installation Vessel Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Wind Turbine Installation Vessel Sales Breakdown by Type (2018-2023)
1.4.2 Europe Wind Turbine Installation Vessel Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Wind Turbine Installation Vessel Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Wind Turbine Installation Vessel Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Wind Turbine Installation Vessel Sales Breakdown by Type (2018-2023)
2 Global Wind Turbine Installation Vessel Market Competition by Company
2.1 Global Top Players by Wind Turbine Installation Vessel Sales (2018-2023)
2.2 Global Top Players by Wind Turbine Installation Vessel Revenue (2018-2023)
2.3 Global Top Players by Wind Turbine Installation Vessel Price (2018-2023)
2.4 Global Top Manufacturers Wind Turbine Installation Vessel Manufacturing Base Distribution, Sales Area, Product Type
2.5 Wind Turbine Installation Vessel Market Competitive Situation and Trends
2.5.1 Wind Turbine Installation Vessel Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Wind Turbine Installation Vessel Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Wind Turbine Installation Vessel as of 2022)
2.7 Date of Key Manufacturers Enter into Wind Turbine Installation Vessel Market
2.8 Key Manufacturers Wind Turbine Installation Vessel Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Wind Turbine Installation Vessel Status and Outlook by Region
3.1 Global Wind Turbine Installation Vessel Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Wind Turbine Installation Vessel Historic Market Size by Region
3.2.1 Global Wind Turbine Installation Vessel Sales in Volume by Region (2018-2023)
3.2.2 Global Wind Turbine Installation Vessel Sales in Value by Region (2018-2023)
3.2.3 Global Wind Turbine Installation Vessel Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Wind Turbine Installation Vessel Forecasted Market Size by Region
3.3.1 Global Wind Turbine Installation Vessel Sales in Volume by Region (2024-2029)
3.3.2 Global Wind Turbine Installation Vessel Sales in Value by Region (2024-2029)
3.3.3 Global Wind Turbine Installation Vessel Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Wind Turbine Installation Vessel by Application
4.1 Wind Turbine Installation Vessel Market Segment by Application
4.1.1 Offshore
4.1.2 Others
4.2 Global Wind Turbine Installation Vessel Market Size by Application
4.2.1 Global Wind Turbine Installation Vessel Market Size Overview by Application (2018-2029)
4.2.2 Global Wind Turbine Installation Vessel Historic Market Size Review by Application (2018-2023)
4.2.3 Global Wind Turbine Installation Vessel Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Wind Turbine Installation Vessel Sales Breakdown by Application (2018-2023)
4.3.2 Europe Wind Turbine Installation Vessel Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Wind Turbine Installation Vessel Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Wind Turbine Installation Vessel Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Wind Turbine Installation Vessel Sales Breakdown by Application (2018-2023)
5 North America Wind Turbine Installation Vessel by Country
5.1 North America Wind Turbine Installation Vessel Historic Market Size by Country
5.1.1 North America Wind Turbine Installation Vessel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Wind Turbine Installation Vessel Sales in Volume by Country (2018-2023)
5.1.3 North America Wind Turbine Installation Vessel Sales in Value by Country (2018-2023)
5.2 North America Wind Turbine Installation Vessel Forecasted Market Size by Country
5.2.1 North America Wind Turbine Installation Vessel Sales in Volume by Country (2024-2029)
5.2.2 North America Wind Turbine Installation Vessel Sales in Value by Country (2024-2029)
6 Europe Wind Turbine Installation Vessel by Country
6.1 Europe Wind Turbine Installation Vessel Historic Market Size by Country
6.1.1 Europe Wind Turbine Installation Vessel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Wind Turbine Installation Vessel Sales in Volume by Country (2018-2023)
6.1.3 Europe Wind Turbine Installation Vessel Sales in Value by Country (2018-2023)
6.2 Europe Wind Turbine Installation Vessel Forecasted Market Size by Country
6.2.1 Europe Wind Turbine Installation Vessel Sales in Volume by Country (2024-2029)
6.2.2 Europe Wind Turbine Installation Vessel Sales in Value by Country (2024-2029)
7 Asia-Pacific Wind Turbine Installation Vessel by Region
7.1 Asia-Pacific Wind Turbine Installation Vessel Historic Market Size by Region
7.1.1 Asia-Pacific Wind Turbine Installation Vessel Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Wind Turbine Installation Vessel Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Wind Turbine Installation Vessel Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Wind Turbine Installation Vessel Forecasted Market Size by Region
7.2.1 Asia-Pacific Wind Turbine Installation Vessel Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Wind Turbine Installation Vessel Sales in Value by Region (2024-2029)
8 Latin America Wind Turbine Installation Vessel by Country
8.1 Latin America Wind Turbine Installation Vessel Historic Market Size by Country
8.1.1 Latin America Wind Turbine Installation Vessel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Wind Turbine Installation Vessel Sales in Volume by Country (2018-2023)
8.1.3 Latin America Wind Turbine Installation Vessel Sales in Value by Country (2018-2023)
8.2 Latin America Wind Turbine Installation Vessel Forecasted Market Size by Country
8.2.1 Latin America Wind Turbine Installation Vessel Sales in Volume by Country (2024-2029)
8.2.2 Latin America Wind Turbine Installation Vessel Sales in Value by Country (2024-2029)
9 Middle East and Africa Wind Turbine Installation Vessel by Country
9.1 Middle East and Africa Wind Turbine Installation Vessel Historic Market Size by Country
9.1.1 Middle East and Africa Wind Turbine Installation Vessel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Wind Turbine Installation Vessel Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Wind Turbine Installation Vessel Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Wind Turbine Installation Vessel Forecasted Market Size by Country
9.2.1 Middle East and Africa Wind Turbine Installation Vessel Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Wind Turbine Installation Vessel Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 DEME
10.1.1 DEME Company Information
10.1.2 DEME Introduction and Business Overview
10.1.3 DEME Wind Turbine Installation Vessel Sales, Revenue and Gross Margin (2018-2023)
10.1.4 DEME Wind Turbine Installation Vessel Products Offered
10.1.5 DEME Recent Development
10.2 Seajacks
10.2.1 Seajacks Company Information
10.2.2 Seajacks Introduction and Business Overview
10.2.3 Seajacks Wind Turbine Installation Vessel Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Seajacks Wind Turbine Installation Vessel Products Offered
10.2.5 Seajacks Recent Development
10.3 Fred. Olsen Windcarrier
10.3.1 Fred. Olsen Windcarrier Company Information
10.3.2 Fred. Olsen Windcarrier Introduction and Business Overview
10.3.3 Fred. Olsen Windcarrier Wind Turbine Installation Vessel Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Fred. Olsen Windcarrier Wind Turbine Installation Vessel Products Offered
10.3.5 Fred. Olsen Windcarrier Recent Development
10.4 Van Oord (MPI-Offshore)
10.4.1 Van Oord (MPI-Offshore) Company Information
10.4.2 Van Oord (MPI-Offshore) Introduction and Business Overview
10.4.3 Van Oord (MPI-Offshore) Wind Turbine Installation Vessel Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Van Oord (MPI-Offshore) Wind Turbine Installation Vessel Products Offered
10.4.5 Van Oord (MPI-Offshore) Recent Development
10.5 Jack-Up Barge
10.5.1 Jack-Up Barge Company Information
10.5.2 Jack-Up Barge Introduction and Business Overview
10.5.3 Jack-Up Barge Wind Turbine Installation Vessel Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Jack-Up Barge Wind Turbine Installation Vessel Products Offered
10.5.5 Jack-Up Barge Recent Development
10.6 SEAFOX
10.6.1 SEAFOX Company Information
10.6.2 SEAFOX Introduction and Business Overview
10.6.3 SEAFOX Wind Turbine Installation Vessel Sales, Revenue and Gross Margin (2018-2023)
10.6.4 SEAFOX Wind Turbine Installation Vessel Products Offered
10.6.5 SEAFOX Recent Development
10.7 Swire Blue Ocean
10.7.1 Swire Blue Ocean Company Information
10.7.2 Swire Blue Ocean Introduction and Business Overview
10.7.3 Swire Blue Ocean Wind Turbine Installation Vessel Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Swire Blue Ocean Wind Turbine Installation Vessel Products Offered
10.7.5 Swire Blue Ocean Recent Development
10.8 Longyuan Zhenhua
10.8.1 Longyuan Zhenhua Company Information
10.8.2 Longyuan Zhenhua Introduction and Business Overview
10.8.3 Longyuan Zhenhua Wind Turbine Installation Vessel Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Longyuan Zhenhua Wind Turbine Installation Vessel Products Offered
10.8.5 Longyuan Zhenhua Recent Development
10.9 CCCC Third Harbor Engineering
10.9.1 CCCC Third Harbor Engineering Company Information
10.9.2 CCCC Third Harbor Engineering Introduction and Business Overview
10.9.3 CCCC Third Harbor Engineering Wind Turbine Installation Vessel Sales, Revenue and Gross Margin (2018-2023)
10.9.4 CCCC Third Harbor Engineering Wind Turbine Installation Vessel Products Offered
10.9.5 CCCC Third Harbor Engineering Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Wind Turbine Installation Vessel Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Wind Turbine Installation Vessel Industrial Chain Analysis
11.4 Wind Turbine Installation Vessel Market Dynamics
11.4.1 Wind Turbine Installation Vessel Industry Trends
11.4.2 Wind Turbine Installation Vessel Market Drivers
11.4.3 Wind Turbine Installation Vessel Market Challenges
11.4.4 Wind Turbine Installation Vessel Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Wind Turbine Installation Vessel Distributors
12.3 Wind Turbine Installation Vessel Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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