| Product Code: ETC5121611 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Ireland`s import shipments of floating wind power in 2024 continued to be dominated by top exporting countries such as Denmark, UK, Germany, China, and Other European nations. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. The industry has shown strong growth with a Compound Annual Growth Rate (CAGR) of 5.24% from 2020 to 2024. Notably, the growth rate spiked significantly by 120.31% from 2023 to 2024, reflecting a surge in demand for floating wind power technologies in Ireland.

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 Ireland Floating Wind Power Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Floating Wind Power Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Floating Wind Power Market - Industry Life Cycle |
3.4 Ireland Floating Wind Power Market - Porter's Five Forces |
3.5 Ireland Floating Wind Power Market Revenues & Volume Share, By Water Depth, 2021 & 2031F |
3.6 Ireland Floating Wind Power Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
4 Ireland Floating Wind Power Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Favorable government policies and incentives promoting renewable energy sources. |
4.2.2 Increasing focus on reducing carbon emissions and transitioning to cleaner energy sources. |
4.2.3 Technological advancements leading to cost reductions and improved efficiency in floating wind power projects. |
4.3 Market Restraints |
4.3.1 High initial investment and development costs associated with floating wind power projects. |
4.3.2 Regulatory challenges and permitting issues for offshore wind installations. |
4.3.3 Potential environmental concerns and impact on marine ecosystems. |
5 Ireland Floating Wind Power Market Trends |
6 Ireland Floating Wind Power Market Segmentations |
6.1 Ireland Floating Wind Power Market, By Water Depth |
6.1.1 Overview and Analysis |
6.1.2 Ireland Floating Wind Power Market Revenues & Volume, By Shallow Water (< 30m Depth), 2021-2031F |
6.1.3 Ireland Floating Wind Power Market Revenues & Volume, By Transitional Water (30m - 60m Depth), 2021-2031F |
6.1.4 Ireland Floating Wind Power Market Revenues & Volume, By Deep Water (> 60m Depth), 2021-2031F |
6.2 Ireland Floating Wind Power Market, By Capacity |
6.2.1 Overview and Analysis |
6.2.2 Ireland Floating Wind Power Market Revenues & Volume, By Up to 3 MW, 2021-2031F |
6.2.3 Ireland Floating Wind Power Market Revenues & Volume, By 3 MW to 5 MW, 2021-2031F |
6.2.4 Ireland Floating Wind Power Market Revenues & Volume, By Above 5 MW, 2021-2031F |
7 Ireland Floating Wind Power Market Import-Export Trade Statistics |
7.1 Ireland Floating Wind Power Market Export to Major Countries |
7.2 Ireland Floating Wind Power Market Imports from Major Countries |
8 Ireland Floating Wind Power Market Key Performance Indicators |
8.1 Levelized cost of electricity (LCOE) for floating wind power projects. |
8.2 Capacity factor of floating wind turbines in Irish waters. |
8.3 Number of new floating wind projects approved and under development in Ireland. |
8.4 Average project size and capacity of floating wind installations in Ireland. |
8.5 Percentage of energy generated from floating wind power in Ireland's total energy mix. |
9 Ireland Floating Wind Power Market - Opportunity Assessment |
9.1 Ireland Floating Wind Power Market Opportunity Assessment, By Water Depth, 2021 & 2031F |
9.2 Ireland Floating Wind Power Market Opportunity Assessment, By Capacity, 2021 & 2031F |
10 Ireland Floating Wind Power Market - Competitive Landscape |
10.1 Ireland Floating Wind Power Market Revenue Share, By Companies, 2024 |
10.2 Ireland 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.
To discover high-growth global markets and optimize your business strategy:
Click Here