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Global Offshore Wind Cable Laying Vessel (CLV) Market Growth (Status and Outlook) 2025-2031

Publisher LP Information, Inc.
Published Aug 06, 2025
Length 105 Pages
SKU # LPI20281532

Description

According to this study, the global Offshore Wind Cable Laying Vessel (CLV) market size will reach US$ 994 million by 2031.

An Offshore Wind Cable Laying Vessel (CLV) is a specialized ship engineered to install and maintain submarine power cables—especially the high-voltage inter-array and export cables that connect offshore wind turbines to each other and to onshore grids. These vessels feature dynamic positioning, heavy cable-carousels, tensioners, and sometimes ROVs for trenching or laying in deep waters.

The Offshore Wind Cable Laying Vessel (CLV) market is experiencing strong growth, driven by the global expansion of offshore wind energy, technological advancements, and increasing interconnection projects. Key trends include vessel specialization, sustainability improvements, and regional market expansions in the U.S. and Asia. As offshore wind farms grow in size and distance from shore, the demand for advanced CLVs will continue to rise, presenting opportunities for shipbuilders, operators, and renewable energy investors. Companies that invest in next-generation, high-capacity CLVs will be well-positioned to capitalize on this booming market.

Market Drivers

Surging Offshore Wind Capacity: Offshore wind is rapidly expanding (projected to exceed 200 GW by 2030), necessitating massive cable installation capacity. CLVs are indispensable to deploy these critical subsea cables. Government Policy & Funding Incentives: Ambitious targets—like the EU’s 300 GW by 2050, U.S. aiming for 30 GW by 2030—and government subsidies are fueling demand for dedicated.

Market Trends

Larger & More Capable Vessels: Demand shifting toward ≥100 m, 5 000 + ton capacity ships equipped for deeper waters and multi-functional tasks (trenching, inspection). Hybrid & “Green” Propulsion: Advanced CLVs integrate hybrid fuel-electric systems and emissions control tech—aligning with maritime decarbonization goals. Automation & Digitalization: Adoption of dynamic positioning, AI for route planning, diagnostics, and predictive maintenance are making operations more precise and efficient. Rise of Deepwater & Floating Projects: Growth in floating-wind farms (e.g., in Asia and Europe) is pushing demand for deepwater-capable CLVs and specialized dynamic cables.

LPI (LP Information)' newest research report, the “Offshore Wind Cable Laying Vessel (CLV) Industry Forecast” looks at past sales and reviews total world Offshore Wind Cable Laying Vessel (CLV) sales in 2024, providing a comprehensive analysis by region and market sector of projected Offshore Wind Cable Laying Vessel (CLV) sales for 2025 through 2031. With Offshore Wind Cable Laying Vessel (CLV) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Offshore Wind Cable Laying Vessel (CLV) industry.

This Insight Report provides a comprehensive analysis of the global Offshore Wind Cable Laying Vessel (CLV) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Offshore Wind Cable Laying Vessel (CLV) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Offshore Wind Cable Laying Vessel (CLV) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Offshore Wind Cable Laying Vessel (CLV) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Offshore Wind Cable Laying Vessel (CLV).

This report presents a comprehensive overview, market shares, and growth opportunities of Offshore Wind Cable Laying Vessel (CLV) market by product type, application, key players and key regions and countries.

Segmentation by Type:
Vessel Length >100 m
Vessel Length ≤100 m

Segmentation by Application:
Cable Capacity below 5000 Tons
Cable Capacity above 5000 Tons

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Fincantieri
Kleven
Royal IHC
Ulstein Verft
Fujian Mawei
CSSC
Sanfu Ship Engineering
Merchants Industry
LS Marine Solution
Nantong Xiangyu
PaxOcean

Please note: The report will take approximately 2 business days to prepare and deliver.

Table of Contents

105 Pages
*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Offshore Wind Cable Laying Vessel (CLV) Market Size by Player
4 Offshore Wind Cable Laying Vessel (CLV) by Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Global Offshore Wind Cable Laying Vessel (CLV) Market Forecast
11 Key Players Analysis
12 Research Findings and Conclusion

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