| Product Code: ETC6894702 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of floating wind turbines to Cyprus in 2024 saw a significant increase, with top exporting countries including Belgium, Greece, UK, Italy, and China. The market concentration, as measured by the HHI, remained high in 2024, indicating a competitive landscape. The impressive compound annual growth rate (CAGR) of 22.25% from 2020 to 2024 reflects the growing demand for renewable energy solutions in Cyprus. Furthermore, the notable growth rate of 29.37% from 2023 to 2024 suggests a dynamic and rapidly evolving market for floating wind turbines in the region.

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 Cyprus Floating Wind Turbine Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Floating Wind Turbine Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Floating Wind Turbine Market - Industry Life Cycle |
3.4 Cyprus Floating Wind Turbine Market - Porter's Five Forces |
3.5 Cyprus Floating Wind Turbine Market Revenues & Volume Share, By Foundation, 2021 & 2031F |
3.6 Cyprus Floating Wind Turbine Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.7 Cyprus Floating Wind Turbine Market Revenues & Volume Share, By Depth, 2021 & 2031F |
4 Cyprus Floating Wind Turbine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Floating Wind Turbine Market Trends |
6 Cyprus Floating Wind Turbine Market, By Types |
6.1 Cyprus Floating Wind Turbine Market, By Foundation |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Floating Wind Turbine Market Revenues & Volume, By Foundation, 2021- 2031F |
6.1.3 Cyprus Floating Wind Turbine Market Revenues & Volume, By Spar-buoy Foundation, 2021- 2031F |
6.1.4 Cyprus Floating Wind Turbine Market Revenues & Volume, By Tension-leg platform (TLP) Foundation, 2021- 2031F |
6.1.5 Cyprus Floating Wind Turbine Market Revenues & Volume, By Semi-submersible Foundation, 2021- 2031F |
6.2 Cyprus Floating Wind Turbine Market, By Capacity |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Floating Wind Turbine Market Revenues & Volume, By Up to 1 MW, 2021- 2031F |
6.2.3 Cyprus Floating Wind Turbine Market Revenues & Volume, By 1-3 MW, 2021- 2031F |
6.2.4 Cyprus Floating Wind Turbine Market Revenues & Volume, By 3-5 MW, 2021- 2031F |
6.2.5 Cyprus Floating Wind Turbine Market Revenues & Volume, By above 5MW, 2021- 2031F |
6.3 Cyprus Floating Wind Turbine Market, By Depth |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Floating Wind Turbine Market Revenues & Volume, By Shallow Water, 2021- 2031F |
6.3.3 Cyprus Floating Wind Turbine Market Revenues & Volume, By Deep Water, 2021- 2031F |
7 Cyprus Floating Wind Turbine Market Import-Export Trade Statistics |
7.1 Cyprus Floating Wind Turbine Market Export to Major Countries |
7.2 Cyprus Floating Wind Turbine Market Imports from Major Countries |
8 Cyprus Floating Wind Turbine Market Key Performance Indicators |
9 Cyprus Floating Wind Turbine Market - Opportunity Assessment |
9.1 Cyprus Floating Wind Turbine Market Opportunity Assessment, By Foundation, 2021 & 2031F |
9.2 Cyprus Floating Wind Turbine Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.3 Cyprus Floating Wind Turbine Market Opportunity Assessment, By Depth, 2021 & 2031F |
10 Cyprus Floating Wind Turbine Market - Competitive Landscape |
10.1 Cyprus Floating Wind Turbine Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Floating Wind Turbine 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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