Global Floating Substation Market Research Report 2026

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Floating Substation Market Size Growth Rate by Type: 2021 vs 2025 vs 2032
1.2.2 Barge Floater
1.2.3 Semi-submersible Floater
1.3 Market by Application
1.3.1 Global Floating Substation Market Growth by Application: 2021 vs 2025 vs 2032
1.3.2 Offshore Wind Power
1.3.3 Offshore Oil & Gas
1.3.4 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Floating Substation Market Perspective (2021–2032)
2.2 Global Floating Substation Growth Trends by Region
2.2.1 Global Floating Substation Market Size by Region: 2021 vs 2025 vs 2032
2.2.2 Floating Substation Historic Market Size by Region (2021–2026)
2.2.3 Floating Substation Forecasted Market Size by Region (2027–2032)
2.3 Floating Substation Market Dynamics
2.3.1 Floating Substation Industry Trends
2.3.2 Floating Substation Market Drivers
2.3.3 Floating Substation Market Challenges
2.3.4 Floating Substation Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Floating Substation Players by Revenue
3.1.1 Global Top Floating Substation Players by Revenue (2021–2026)
3.1.2 Global Floating Substation Revenue Market Share by Players (2021–2026)
3.2 Global Top Floating Substation Players Market Share by Company Tier (Tier 1, Tier 2, Tier 3)
3.3 Global Key Players Ranking by Floating Substation Revenue
3.4 Global Floating Substation Market Concentration Ratio
3.4.1 Global Floating Substation Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Floating Substation Revenue in 2025
3.5 Global Key Players of Floating Substation Head Offices and Areas Served
3.6 Global Key Players of Floating Substation, Products and Applications
3.7 Global Key Players of Floating Substation, Date of General Availability (GA)
3.8 Mergers and Acquisitions, Expansion Plans
4 Floating Substation Breakdown Data by Type
4.1 Global Floating Substation Historic Market Size by Type (2021–2026)
4.2 Global Floating Substation Forecasted Market Size by Type (2027–2032)
5 Floating Substation Breakdown Data by Application
5.1 Global Floating Substation Historic Market Size by Application (2021–2026)
5.2 Global Floating Substation Forecasted Market Size by Application (2027–2032)
6 North America
6.1 North America Floating Substation Market Size (2021–2032)
6.2 North America Floating Substation Market Growth Rate by Country: 2021 vs 2025 vs 2032
6.3 North America Floating Substation Market Size by Country (2021–2026)
6.4 North America Floating Substation Market Size by Country (2027–2032)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Floating Substation Market Size (2021–2032)
7.2 Europe Floating Substation Market Growth Rate by Country: 2021 vs 2025 vs 2032
7.3 Europe Floating Substation Market Size by Country (2021–2026)
7.4 Europe Floating Substation Market Size by Country (2027–2032)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Ireland
8 Asia-Pacific
8.1 Asia-Pacific Floating Substation Market Size (2021–2032)
8.2 Asia-Pacific Floating Substation Market Growth Rate by Region: 2021 vs 2025 vs 2032
8.3 Asia-Pacific Floating Substation Market Size by Region (2021–2026)
8.4 Asia-Pacific Floating Substation Market Size by Region (2027–2032)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia & New Zealand
9 Latin America
9.1 Latin America Floating Substation Market Size (2021–2032)
9.2 Latin America Floating Substation Market Growth Rate by Country: 2021 vs 2025 vs 2032
9.3 Latin America Floating Substation Market Size by Country (2021–2026)
9.4 Latin America Floating Substation Market Size by Country (2027–2032)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Floating Substation Market Size (2021–2032)
10.2 Middle East & Africa Floating Substation Market Growth Rate by Country: 2021 vs 2025 vs 2032
10.3 Middle East & Africa Floating Substation Market Size by Country (2021–2026)
10.4 Middle East & Africa Floating Substation Market Size by Country (2027–2032)
10.5 Israel
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Equinor
11.1.1 Equinor Company Details
11.1.2 Equinor Business Overview
11.1.3 Equinor Floating Substation Introduction
11.1.4 Equinor Revenue in Floating Substation Business (2021–2026)
11.1.5 Equinor Recent Development
11.2 Vattenfall
11.2.1 Vattenfall Company Details
11.2.2 Vattenfall Business Overview
11.2.3 Vattenfall Floating Substation Introduction
11.2.4 Vattenfall Revenue in Floating Substation Business (2021–2026)
11.2.5 Vattenfall Recent Development
11.3 Navantia
11.3.1 Navantia Company Details
11.3.2 Navantia Business Overview
11.3.3 Navantia Floating Substation Introduction
11.3.4 Navantia Revenue in Floating Substation Business (2021–2026)
11.3.5 Navantia Recent Development
11.4 BW Ideol
11.4.1 BW Ideol Company Details
11.4.2 BW Ideol Business Overview
11.4.3 BW Ideol Floating Substation Introduction
11.4.4 BW Ideol Revenue in Floating Substation Business (2021–2026)
11.4.5 BW Ideol Recent Development
11.5 Saipem
11.5.1 Saipem Company Details
11.5.2 Saipem Business Overview
11.5.3 Saipem Floating Substation Introduction
11.5.4 Saipem Revenue in Floating Substation Business (2021–2026)
11.5.5 Saipem Recent Development
11.6 Aibel
11.6.1 Aibel Company Details
11.6.2 Aibel Business Overview
11.6.3 Aibel Floating Substation Introduction
11.6.4 Aibel Revenue in Floating Substation Business (2021–2026)
11.6.5 Aibel Recent Development
11.7 Linxon
11.7.1 Linxon Company Details
11.7.2 Linxon Business Overview
11.7.3 Linxon Floating Substation Introduction
11.7.4 Linxon Revenue in Floating Substation Business (2021–2026)
11.7.5 Linxon Recent Development
11.8 DNV
11.8.1 DNV Company Details
11.8.2 DNV Business Overview
11.8.3 DNV Floating Substation Introduction
11.8.4 DNV Revenue in Floating Substation Business (2021–2026)
11.8.5 DNV Recent Development
11.9 Tractebel
11.9.1 Tractebel Company Details
11.9.2 Tractebel Business Overview
11.9.3 Tractebel Floating Substation Introduction
11.9.4 Tractebel Revenue in Floating Substation Business (2021–2026)
11.9.5 Tractebel Recent Development
11.10 Petrofac
11.10.1 Petrofac Company Details
11.10.2 Petrofac Business Overview
11.10.3 Petrofac Floating Substation Introduction
11.10.4 Petrofac Revenue in Floating Substation Business (2021–2026)
11.10.5 Petrofac Recent Development
11.11 Heerema
11.11.1 Heerema Company Details
11.11.2 Heerema Business Overview
11.11.3 Heerema Floating Substation Introduction
11.11.4 Heerema Revenue in Floating Substation Business (2021–2026)
11.11.5 Heerema Recent Development
11.12 CS WIND Offshore
11.12.1 CS WIND Offshore Company Details
11.12.2 CS WIND Offshore Business Overview
11.12.3 CS WIND Offshore Floating Substation Introduction
11.12.4 CS WIND Offshore Revenue in Floating Substation Business (2021–2026)
11.12.5 CS WIND Offshore Recent Development
11.13 Sembcorp Marine
11.13.1 Sembcorp Marine Company Details
11.13.2 Sembcorp Marine Business Overview
11.13.3 Sembcorp Marine Floating Substation Introduction
11.13.4 Sembcorp Marine Revenue in Floating Substation Business (2021–2026)
11.13.5 Sembcorp Marine Recent Development
11.14 Semco Maritime
11.14.1 Semco Maritime Company Details
11.14.2 Semco Maritime Business Overview
11.14.3 Semco Maritime Floating Substation Introduction
11.14.4 Semco Maritime Revenue in Floating Substation Business (2021–2026)
11.14.5 Semco Maritime Recent Development
11.15 Moss Maritime
11.15.1 Moss Maritime Company Details
11.15.2 Moss Maritime Business Overview
11.15.3 Moss Maritime Floating Substation Introduction
11.15.4 Moss Maritime Revenue in Floating Substation Business (2021–2026)
11.15.5 Moss Maritime Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer

List of Tables
Table 1. Global Floating Substation Market Size Growth Rate by Type (US$ Million): 2021 vs 2025 vs 2032
Table 2. Key Players of Barge Floater
Table 3. Key Players of Semi-submersible Floater
Table 4. Global Floating Substation Market Size Growth by Application (US$ Million): 2021 vs 2025 vs 2032
Table 5. Global Floating Substation Market Size by Region (US$ Million): 2021 vs 2025 vs 2032
Table 6. Global Floating Substation Market Size by Region (US$ Million), 2021–2026
Table 7. Global Floating Substation Market Share by Region (2021–2026)
Table 8. Global Floating Substation Forecasted Market Size by Region (US$ Million), 2027–2032
Table 9. Global Floating Substation Market Share by Region (2027–2032)
Table 10. Floating Substation Market Trends
Table 11. Floating Substation Market Drivers
Table 12. Floating Substation Market Challenges
Table 13. Floating Substation Market Restraints
Table 14. Global Floating Substation Revenue by Players (US$ Million), 2021–2026
Table 15. Global Floating Substation Market Share by Players (2021–2026)
Table 16. Global Top Floating Substation Players by Tier (Tier 1, Tier 2, and Tier 3), based on Floating Substation Revenue, 2025
Table 17. Ranking of Global Top Floating Substation Companies by Revenue (US$ Million) in 2025
Table 18. Global 5 Largest Players Market Share by Floating Substation Revenue (CR5 and HHI), 2021–2026
Table 19. Global Key Players of Floating Substation, Headquarters and Area Served
Table 20. Global Key Players of Floating Substation, Products and Applications
Table 21. Global Key Players of Floating Substation, Date of General Availability (GA)
Table 22. Mergers and Acquisitions, Expansion Plans
Table 23. Global Floating Substation Market Size by Type (US$ Million), 2021–2026
Table 24. Global Floating Substation Revenue Market Share by Type (2021–2026)
Table 25. Global Floating Substation Forecasted Market Size by Type (US$ Million), 2027–2032
Table 26. Global Floating Substation Revenue Market Share by Type (2027–2032)
Table 27. Global Floating Substation Market Size by Application (US$ Million), 2021–2026
Table 28. Global Floating Substation Revenue Market Share by Application (2021–2026)
Table 29. Global Floating Substation Forecasted Market Size by Application (US$ Million), 2027–2032
Table 30. Global Floating Substation Revenue Market Share by Application (2027–2032)
Table 31. North America Floating Substation Market Size Growth Rate by Country (US$ Million): 2021 vs 2025 vs 2032
Table 32. North America Floating Substation Market Size by Country (US$ Million), 2021–2026
Table 33. North America Floating Substation Market Size by Country (US$ Million), 2027–2032
Table 34. Europe Floating Substation Market Size Growth Rate by Country (US$ Million): 2021 vs 2025 vs 2032
Table 35. Europe Floating Substation Market Size by Country (US$ Million), 2021–2026
Table 36. Europe Floating Substation Market Size by Country (US$ Million), 2027–2032
Table 37. Asia-Pacific Floating Substation Market Size Growth Rate by Region (US$ Million): 2021 vs 2025 vs 2032
Table 38. Asia-Pacific Floating Substation Market Size by Region (US$ Million), 2021–2026
Table 39. Asia-Pacific Floating Substation Market Size by Region (US$ Million), 2027–2032
Table 40. Latin America Floating Substation Market Size Growth Rate by Country (US$ Million): 2021 vs 2025 vs 2032
Table 41. Latin America Floating Substation Market Size by Country (US$ Million), 2021–2026
Table 42. Latin America Floating Substation Market Size by Country (US$ Million), 2027–2032
Table 43. Middle East & Africa Floating Substation Market Size Growth Rate by Country (US$ Million): 2021 vs 2025 vs 2032
Table 44. Middle East & Africa Floating Substation Market Size by Country (US$ Million), 2021–2026
Table 45. Middle East & Africa Floating Substation Market Size by Country (US$ Million), 2027–2032
Table 46. Equinor Company Details
Table 47. Equinor Business Overview
Table 48. Equinor Floating Substation Product
Table 49. Equinor Revenue in Floating Substation Business (US$ Million), 2021–2026
Table 50. Equinor Recent Development
Table 51. Vattenfall Company Details
Table 52. Vattenfall Business Overview
Table 53. Vattenfall Floating Substation Product
Table 54. Vattenfall Revenue in Floating Substation Business (US$ Million), 2021–2026
Table 55. Vattenfall Recent Development
Table 56. Navantia Company Details
Table 57. Navantia Business Overview
Table 58. Navantia Floating Substation Product
Table 59. Navantia Revenue in Floating Substation Business (US$ Million), 2021–2026
Table 60. Navantia Recent Development
Table 61. BW Ideol Company Details
Table 62. BW Ideol Business Overview
Table 63. BW Ideol Floating Substation Product
Table 64. BW Ideol Revenue in Floating Substation Business (US$ Million), 2021–2026
Table 65. BW Ideol Recent Development
Table 66. Saipem Company Details
Table 67. Saipem Business Overview
Table 68. Saipem Floating Substation Product
Table 69. Saipem Revenue in Floating Substation Business (US$ Million), 2021–2026
Table 70. Saipem Recent Development
Table 71. Aibel Company Details
Table 72. Aibel Business Overview
Table 73. Aibel Floating Substation Product
Table 74. Aibel Revenue in Floating Substation Business (US$ Million), 2021–2026
Table 75. Aibel Recent Development
Table 76. Linxon Company Details
Table 77. Linxon Business Overview
Table 78. Linxon Floating Substation Product
Table 79. Linxon Revenue in Floating Substation Business (US$ Million), 2021–2026
Table 80. Linxon Recent Development
Table 81. DNV Company Details
Table 82. DNV Business Overview
Table 83. DNV Floating Substation Product
Table 84. DNV Revenue in Floating Substation Business (US$ Million), 2021–2026
Table 85. DNV Recent Development
Table 86. Tractebel Company Details
Table 87. Tractebel Business Overview
Table 88. Tractebel Floating Substation Product
Table 89. Tractebel Revenue in Floating Substation Business (US$ Million), 2021–2026
Table 90. Tractebel Recent Development
Table 91. Petrofac Company Details
Table 92. Petrofac Business Overview
Table 93. Petrofac Floating Substation Product
Table 94. Petrofac Revenue in Floating Substation Business (US$ Million), 2021–2026
Table 95. Petrofac Recent Development
Table 96. Heerema Company Details
Table 97. Heerema Business Overview
Table 98. Heerema Floating Substation Product
Table 99. Heerema Revenue in Floating Substation Business (US$ Million), 2021–2026
Table 100. Heerema Recent Development
Table 101. CS WIND Offshore Company Details
Table 102. CS WIND Offshore Business Overview
Table 103. CS WIND Offshore Floating Substation Product
Table 104. CS WIND Offshore Revenue in Floating Substation Business (US$ Million), 2021–2026
Table 105. CS WIND Offshore Recent Development
Table 106. Sembcorp Marine Company Details
Table 107. Sembcorp Marine Business Overview
Table 108. Sembcorp Marine Floating Substation Product
Table 109. Sembcorp Marine Revenue in Floating Substation Business (US$ Million), 2021–2026
Table 110. Sembcorp Marine Recent Development
Table 111. Semco Maritime Company Details
Table 112. Semco Maritime Business Overview
Table 113. Semco Maritime Floating Substation Product
Table 114. Semco Maritime Revenue in Floating Substation Business (US$ Million), 2021–2026
Table 115. Semco Maritime Recent Development
Table 116. Moss Maritime Company Details
Table 117. Moss Maritime Business Overview
Table 118. Moss Maritime Floating Substation Product
Table 119. Moss Maritime Revenue in Floating Substation Business (US$ Million), 2021–2026
Table 120. Moss Maritime Recent Development
Table 121. Research Programs/Design for This Report
Table 122. Key Data Information from Secondary Sources
Table 123. Key Data Information from Primary Sources
Table 124. Authors List of This Report


List of Figures
Figure 1. Floating Substation Picture
Figure 2. Global Floating Substation Market Size Comparison by Type (US$ Million), 2021–2032
Figure 3. Global Floating Substation Market Share by Type: 2025 vs 2032
Figure 4. Barge Floater Features
Figure 5. Semi-submersible Floater Features
Figure 6. Global Floating Substation Market Size by Application (US$ Million), 2021–2032
Figure 7. Global Floating Substation Market Share by Application: 2025 vs 2032
Figure 8. Offshore Wind Power Case Studies
Figure 9. Offshore Oil & Gas Case Studies
Figure 10. Others Case Studies
Figure 11. Floating Substation Report Years Considered
Figure 12. Global Floating Substation Market Size (US$ Million), Year-over-Year: 2021–2032
Figure 13. Global Floating Substation Market Size, (US$ Million), 2021 vs 2025 vs 2032
Figure 14. Global Floating Substation Market Share by Region: 2025 vs 2032
Figure 15. Global Floating Substation Market Share by Players in 2025
Figure 16. Global Floating Substation Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
Figure 17. The Top 10 and 5 Players Market Share by Floating Substation Revenue in 2025
Figure 18. North America Floating Substation Market Size YoY Growth (US$ Million), 2021–2032
Figure 19. North America Floating Substation Market Share by Country (2021–2032)
Figure 20. United States Floating Substation Market Size YoY Growth (US$ Million), 2021–2032
Figure 21. Canada Floating Substation Market Size YoY Growth (US$ Million), 2021–2032
Figure 22. Europe Floating Substation Market Size YoY Growth (US$ Million), 2021–2032
Figure 23. Europe Floating Substation Market Share by Country (2021–2032)
Figure 24. Germany Floating Substation Market Size YoY Growth (US$ Million), 2021–2032
Figure 25. France Floating Substation Market Size YoY Growth (US$ Million), 2021–2032
Figure 26. U.K. Floating Substation Market Size YoY Growth (US$ Million), 2021–2032
Figure 27. Italy Floating Substation Market Size YoY Growth (US$ Million), 2021–2032
Figure 28. Russia Floating Substation Market Size YoY Growth (US$ Million), 2021–2032
Figure 29. Ireland Floating Substation Market Size YoY Growth (US$ Million), 2021–2032
Figure 30. Asia-Pacific Floating Substation Market Size YoY Growth (US$ Million), 2021–2032
Figure 31. Asia-Pacific Floating Substation Market Share by Region (2021–2032)
Figure 32. China Floating Substation Market Size YoY Growth (US$ Million), 2021–2032
Figure 33. Japan Floating Substation Market Size YoY Growth (US$ Million), 2021–2032
Figure 34. South Korea Floating Substation Market Size YoY Growth (US$ Million), 2021–2032
Figure 35. Southeast Asia Floating Substation Market Size YoY Growth (US$ Million), 2021–2032
Figure 36. India Floating Substation Market Size YoY Growth (US$ Million), 2021–2032
Figure 37. Australia & New Zealand Floating Substation Market Size YoY Growth (US$ Million), 2021–2032
Figure 38. Latin America Floating Substation Market Size YoY Growth (US$ Million), 2021–2032
Figure 39. Latin America Floating Substation Market Share by Country (2021–2032)
Figure 40. Mexico Floating Substation Market Size YoY Growth (US$ Million), 2021–2032
Figure 41. Brazil Floating Substation Market Size YoY Growth (US$ Million), 2021–2032
Figure 42. Middle East & Africa Floating Substation Market Size YoY Growth (US$ Million), 2021–2032
Figure 43. Middle East & Africa Floating Substation Market Share by Country (2021–2032)
Figure 44. Israel Floating Substation Market Size YoY Growth (US$ Million), 2021–2032
Figure 45. Saudi Arabia Floating Substation Market Size YoY Growth (US$ Million), 2021–2032
Figure 46. UAE Floating Substation Market Size YoY Growth (US$ Million), 2021–2032
Figure 47. Equinor Revenue Growth Rate in Floating Substation Business (2021–2026)
Figure 48. Vattenfall Revenue Growth Rate in Floating Substation Business (2021–2026)
Figure 49. Navantia Revenue Growth Rate in Floating Substation Business (2021–2026)
Figure 50. BW Ideol Revenue Growth Rate in Floating Substation Business (2021–2026)
Figure 51. Saipem Revenue Growth Rate in Floating Substation Business (2021–2026)
Figure 52. Aibel Revenue Growth Rate in Floating Substation Business (2021–2026)
Figure 53. Linxon Revenue Growth Rate in Floating Substation Business (2021–2026)
Figure 54. DNV Revenue Growth Rate in Floating Substation Business (2021–2026)
Figure 55. Tractebel Revenue Growth Rate in Floating Substation Business (2021–2026)
Figure 56. Petrofac Revenue Growth Rate in Floating Substation Business (2021–2026)
Figure 57. Heerema Revenue Growth Rate in Floating Substation Business (2021–2026)
Figure 58. CS WIND Offshore Revenue Growth Rate in Floating Substation Business (2021–2026)
Figure 59. Sembcorp Marine Revenue Growth Rate in Floating Substation Business (2021–2026)
Figure 60. Semco Maritime Revenue Growth Rate in Floating Substation Business (2021–2026)
Figure 61. Moss Maritime Revenue Growth Rate in Floating Substation Business (2021–2026)
Figure 62. Bottom-up and Top-down Approaches for This Report
Figure 63. Data Triangulation
Figure 64. Key Executives Interviewed

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