| Product Code: ETC5121579 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Canada floating wind power market experienced a decline in imports from 2020 to 2024, with a Compound Annual Growth Rate (CAGR) of -20.12%. In 2023-2024, the year-on-year growth rate further decreased by -80.70%, contributing to the overall downward trend in import volumes during this period.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Floating Wind Power Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Floating Wind Power Market Revenues & Volume, 2022 & 2032F |
3.3 Canada Floating Wind Power Market - Industry Life Cycle |
3.4 Canada Floating Wind Power Market - Porter's Five Forces |
3.5 Canada Floating Wind Power Market Revenues & Volume Share, By Water Depth, 2022 & 2032F |
3.6 Canada Floating Wind Power Market Revenues & Volume Share, By Capacity, 2022 & 2032F |
4 Canada Floating Wind Power Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government support and initiatives for renewable energy projects in Canada |
4.2.2 Growing demand for clean and sustainable energy sources |
4.2.3 Technological advancements in floating wind power technology |
4.3 Market Restraints |
4.3.1 High initial investment and operational costs associated with floating wind power projects |
4.3.2 Challenges in grid integration and transmission infrastructure |
4.3.3 Regulatory and permitting complexities in offshore wind development |
5 Canada Floating Wind Power Market Trends |
6 Canada Floating Wind Power Market Segmentations |
6.1 Canada Floating Wind Power Market, By Water Depth |
6.1.1 Overview and Analysis |
6.1.2 Canada Floating Wind Power Market Revenues & Volume, By Shallow Water (< 30m Depth), 2022-2032F |
6.1.3 Canada Floating Wind Power Market Revenues & Volume, By Transitional Water (30m - 60m Depth), 2022-2032F |
6.1.4 Canada Floating Wind Power Market Revenues & Volume, By Deep Water (> 60m Depth), 2022-2032F |
6.2 Canada Floating Wind Power Market, By Capacity |
6.2.1 Overview and Analysis |
6.2.2 Canada Floating Wind Power Market Revenues & Volume, By Up to 3 MW, 2022-2032F |
6.2.3 Canada Floating Wind Power Market Revenues & Volume, By 3 MW to 5 MW, 2022-2032F |
6.2.4 Canada Floating Wind Power Market Revenues & Volume, By Above 5 MW, 2022-2032F |
7 Canada Floating Wind Power Market Import-Export Trade Statistics |
7.1 Canada Floating Wind Power Market Export to Major Countries |
7.2 Canada Floating Wind Power Market Imports from Major Countries |
8 Canada Floating Wind Power Market Key Performance Indicators |
8.1 Capacity factor of floating wind turbines |
8.2 Levelized cost of electricity (LCOE) for floating wind power projects |
8.3 Number of new floating wind power projects approved and initiated |
8.4 Average wind speed at project locations |
8.5 Efficiency of floating wind power maintenance and operations |
9 Canada Floating Wind Power Market - Opportunity Assessment |
9.1 Canada Floating Wind Power Market Opportunity Assessment, By Water Depth, 2022 & 2032F |
9.2 Canada Floating Wind Power Market Opportunity Assessment, By Capacity, 2022 & 2032F |
10 Canada Floating Wind Power Market - Competitive Landscape |
10.1 Canada Floating Wind Power Market Revenue Share, By Companies, 2025 |
10.2 Canada Floating Wind Power Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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