Report cover image

Geotechnical Services for Offshore Wind Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Publisher Fortune Business Insights Pvt. Ltd.
Published Nov 01, 2024
Length 135 Pages
SKU # FOB19302727

Description

Geotechnical Services for Offshore Wind Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032



Growth Factors of Geotechnical Services for Offshore Wind Market

The geotechnical services for offshore wind market size were valued at USD 90.71 million in 2022, and the market is now projected to grow from USD 105.68 billion in 2023 to USD 332.33 million by 2030, exhibiting a CAGR of 17.78% during the forecast period of 2023-2030.

Government has put restrictions on social gatherings, events and moving out from home which make the people homesick. Numerous companies are encountering hurdles due to covid pandemic as the outbreak situation has curtailed production and supply chain which has hindered the market switched to treating covid patients as priority over the other procedures which led the geotechnical services for offshore wind market growth. Additionally, manpower shortages affected manufacturing plants and slowed production due to movement restrictions and lockdowns in several regions. Stopped providing on-site maintenance and installations market growth sputtered amid the pandemic.

Growing trend of renewable energy infrastructure to fuel geotechnical services for offshore wind market growth during forecast period. Because of changes in client lifestyles and technological advancements, end-user energy consumption has peaked in recent years. A move toward renewable energy is also occurring since it is the long-term answer for nations looking to lessen their reliance on fossil fuels. The market is expanding due to the increased benefits of offshore conditions and geotechnical services.

Growing public and private sector initiatives to cut carbon emissions are a major industry trend during forecast period. Examining the offshore site, which may serve as the foundation for wind-powered projects and other platforms, is what is meant by the geotechnical services for offshore wind. A branch of geotechnical engineering called ""offshore wind geotechnical services"" is concerned with offshore land exams, project planning, foundation design, building, and structural maintenance. It also uses cutting-edge machinery to collect and examine the data.

Comprehensive Analysis of Geotechnical Services for Offshore Wind Market

The geotechnical services for offshore wind market and power & energy industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the power & energy benefit management industry. These segmentations are methodically segregated by service. The Service segmentations include Cone Penetrating Testing (CPT), Pressuremeter Testing, Dynamic Probe Test (DPSH), and others.

The Asia Pacific region lead the geotechnical services for offshore wind market by benefitting a market size of USD 45.90 million in 2022 due to Leading countries' participation and accomplishments in offshore wind geotechnical services.

The top players in the market play a crucial role in the power & energy industry assuring industrial prospectus growth and setting market standards. These players include, Fugro (Netherlands), Helms Geomarine (Malaysia), EGS Survey (Singapore), Acteon (U.K.), Geoquip Marine (Switzerland), Horizon Geosciences (UAE), Sarathy Geotech & Engineering Services Pvt. Ltd (India), Gardline Limited (England), Geoxyz (Belgium), Coastal Marine Construction & Engineering Ltd. (COMACOE) (India), JAVA Offshore (Indonesia), ABL Group (Norway) these market players provide a level-playing competitive landscape.

In June 2023, Geoquip Marine Operations has been contracted by Hartshead Resources NL (HHR), an oil and gas services company, to conduct a geotechnical survey for field developments in the Southern North Sea.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2030

Base Year 2022

Estimated Year 2023

Forecast Period 2023-2030

Historical Period 2019-2021

Growth Rate CAGR of 17.78% from 2023 to 2030

Unit Value (USD Million)

Segmentation By Service and By Region

Segmentation By Service

Cone Penetrating Testing (CPT)

Pressuremeter Testing

Dynamic Probe Test (DPSH)

Others

By Region

North America (By Service and by Country)

U.S.

Canada

Europe (By Service and by Country)

Germany

U.K.

Netherland

Belgium

Denmark

Rest of Europe

Asia Pacific (By Service and by Country)

China

South Korea

Japan

Taiwan

Rest of Asia Pacific

Rest of the World (By Service)

Table of Contents

135 Pages
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions & Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Emerging Trends – For Major Countries
4.2. Latest Technological Advancement
4.3. Insight on Regulatory Landscape
4.4. Porters Five Forces Analysis
4.5. Impact of COVID-19 on the Geotechnical Services for Offshore Wind Market
5. Global Geotechnical Services for Offshore Wind Market (USD Million) Analysis, Insights, and Forecast, 2019-2030
5.1. Key Findings
5.2. Market Analysis, Insights, and Forecast – By Service
5.2.1. Cone Penetrating Testing (CPT)
5.2.2. Pressuremeter Testing
5.2.3. Dynamic Probe Test (DPSH)
5.2.4. Others
5.3. Market Analysis, Insights, and Forecast – By Region
5.3.1. North America
5.3.2. Europe
5.3.3. Asia Pacific
5.3.4. Rest of the World
6. North America Geotechnical Services for Offshore Wind Market (USD Million) Analysis, Insights, and Forecast, 2019-2030
6.1. Key Findings
6.2. Market Analysis, Insights, and Forecast – By Service
6.2.1. Cone Penetrating Testing (CPT)
6.2.2. Pressuremeter Testing
6.2.3. Dynamic Probe Test (DPSH)
6.2.4. Others
6.3. Market Analysis, Insights, and Forecast – By Country
6.3.1. U.S.
6.3.2. Canada
7. Europe Geotechnical Services for Offshore Wind Market (USD Million) Analysis, Insights, and Forecast, 2019-2030
7.1. Key Findings
7.2. Market Analysis, Insights, and Forecast – By Service
7.2.1. Cone Penetrating Testing (CPT)
7.2.2. Pressuremeter Testing
7.2.3. Dynamic Probe Test (DPSH)
7.2.4. Others
7.3. Market Analysis, Insights, and Forecast – By Country
7.3.1. Germany
7.3.2. UK
7.3.3. Netherland
7.3.4. Belgium
7.3.5. Denmark
7.3.6. Rest of Europe
8. Asia Pacific Geotechnical Services for Offshore Wind Market (USD Million) Analysis, Insights, and Forecast, 2019-2030
8.1. Key Findings
8.2. Market Analysis, Insights, and Forecast – By Service
8.2.1. Cone Penetrating Testing (CPT)
8.2.2. Pressuremeter Testing
8.2.3. Dynamic Probe Test (DPSH)
8.2.4. Others
8.3. Market Analysis, Insights, and Forecast – By Country
8.3.1. China
8.3.2. South Korea
8.3.3. Japan
8.3.4. Taiwan
8.3.5. Rest of Asia Pacific
9. Rest of the World Geotechnical Services for Offshore Wind Market (USD Million) Analysis, Insights, and Forecast, 2019-2030
9.1. Key Findings
9.2. Market Analysis, Insights, and Forecast – By Service
9.2.1. Cone Penetrating Testing (CPT)
9.2.2. Pressuremeter Testing
9.2.3. Dynamic Probe Test (DPSH)
9.2.4. Others
10. Competitive Analysis
10.1. Company Market Share Analysis, 2022
10.1.1. North America
10.1.2. Europe
10.1.3. Asia Pacific
10.1.4. Company Market Share Analysis of CPT Survey, Globally
10.2. Company Profile
10.2.1. Fugro
10.2.1.1. Business Overview
10.2.1.2. Product & Services Offerings
10.2.1.3. Recent Developments
10.2.1.4. Financials (Based on Availability)
10.2.2. Helms Geomarine
10.2.2.1. Business Overview
10.2.2.2. Product & Services Offerings
10.2.2.3. Recent Developments
10.2.2.4. Financials (Based on Availability)
10.2.3. EGS survey
10.2.3.1. Business Overview
10.2.3.2. Product & Services Offerings
10.2.3.3. Recent Developments
10.2.3.4. Financials (Based on Availability)
10.2.4. Aceton
10.2.4.1. Business Overview
10.2.4.2. Product & Services Offerings
10.2.4.3. Recent Developments
10.2.4.4. Financials (Based on Availability)
10.2.5. Geoquip Marine
10.2.5.1. Business Overview
10.2.5.2. Product & Services Offerings
10.2.5.3. Recent Developments
10.2.5.4. Financials (Based on Availability)
10.2.6. Horizon Geosciences
10.2.6.1. Business Overview
10.2.6.2. Product & Services Offerings
10.2.6.3. Recent Developments
10.2.6.4. Financials (Based on Availability)
10.2.7. Sarathy Geotech & Engineering Services Pvt. Ltd
10.2.7.1. Business Overview
10.2.7.2. Product & Services Offerings
10.2.7.3. Recent Developments
10.2.7.4. Financials (Based on Availability)
10.2.8. Gardline Limited
10.2.8.1. Business Overview
10.2.8.2. Product & Services Offerings
10.2.8.3. Recent Developments
10.2.8.4. Financials (Based on Availability)
10.2.9. Geoxyz
10.2.9.1. Business Overview
10.2.9.2. Product & Services Offerings
10.2.9.3. Recent Developments
10.2.9.4. Financials (Based on Availability)
10.2.10. Coastal Marine Construction & Engineering Ltd. (COMACOE)
10.2.10.1. Business Overview
10.2.10.2. Product & Services Offerings
10.2.10.3. Recent Developments
10.2.10.4. Financials (Based on Availability)
10.2.11. JAVA Offshore
10.2.11.1. Business Overview
10.2.11.2. Product & Services Offerings
10.2.11.3. Recent Developments
10.2.11.4. Financials (Based on Availability)
10.2.12. ABL Group
10.2.12.1. Business Overview
10.2.12.2. Product & Services Offerings
10.2.12.3. Recent Developments
10.2.12.4. Financials (Based on Availability)

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us