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The global Cone Penetration testing for offshore wind market size was valued at USD 60.00 million in 2024. The market is projected to grow from USD 71.26 million in 2025 to USD 229.03 million by 2032, exhibiting a CAGR of 18.15% during the forecast period. Asia Pacific dominated the cone penetration testing for offshore wind market with a share of 53.61% in 2024.
Cone Penetration Testing (CPT) for offshore wind includes pushing an instrumented cone into the seabed. This helps to assess soil properties and stratigraphy, which is crucial for designing steady foundations for wind turbines. It also measures cone tip resistance, sleeve friction, pore water pressure, and others. Moreover, Cone Penetration Testing (CPT) assists in the foundation design of wind towers, installation risk assessment, geotechnical engineering analyses, data management, quality control, and others. As offshore wind projects become larger and more complex, the need for sophisticated geotechnical assessment methods like CPT becomes more pronounced, driving market growth.
Geoquip Marine is a major provider of offshore geotechnical site investigation services, including Cone Penetration Testing (CPT) for the offshore wind market, offering specialized vessels and equipment for seabed assessments and data collection. Geoquip Marine utilizes vessels such as the "Geoquip Elena" and "Seehorn" equipped with deep-push CPT units and other seabed penetration test equipment to conduct investigations in various water depths. The presence of such technologies drives the market growth.
Business Strategies to Explore Renewable Sources to Boost Market Growth
The strong growth in renewable energy is influencing businesses to focus on developments. Many companies are joining hands to work on high-quality geotechnical services for offshore wind to deliver solutions.
For instance, in October 2024, EGS Survey and K-Line Wind Service (KWS) recognized a joint venture company to provision the offshore marine geo-survey sector. The company, named EK Geotechnical Survey (EKGS), will deliver multiple offshore survey services to encounter growing demand in the sector. This is expected to grow with the advancement of offshore wind power in Japan and the surrounding region. The executive manager of the new firm is Teruki Kuramoto.
Cone Penetration Testing (CPT) deals with valuable data insights associated with soil conditions. Despite this, it also faces challenges such as data sampling, dealing with hard or rocky soils, interpreting data, and ensuring proper equipment maintenance. All these techniques and processes require an expert team with extensive knowledge. This factor can create new barriers every time in new geotechnical projects, hindering the cone Penetration testing for offshore wind market share globally.
Heavy Investments in Wind Energy to Boost Geotechnical Services
In recent years, heavy investments have taken place in renewable sources, including wind power. This is owing to the government's focus on clean energy. In addition, agendas to minimize CO2 emissions globally are also influencing foreign investors to put millions and billions into wind power. For instance, in February 2025, SSE, an energy company, is seeking attention from contractors that can deliver a range of site investigation facilities for an upcoming USD 40 million contract. This will create new opportunities for the onshore and offshore projects.
Technological Developments of CPT to enhance the Efficiency and Reliability, makes them ideal for offshore wind Industry
Cone Penetration Testing (CPT) is a dominant method for characterizing subsurface soil conditions in the offshore wind energy market, offering reliable data and cost-effectiveness for foundation design. Moreover, advancements in CPT technology enables its application in deeper waters and more challenging environments, including the development of multiple-function CPTs and improved equipment for deep-sea applications. These advancements enhance the efficiency and reliability of CPT, making it a crucial tool for the expanding offshore wind industry.
Furthermore, advanced CPT techniques, such as seismic cone penetration testing (SCPT) and piezocone penetration testing (PCPT), are the trending technologies in the market across the globe. SCPT combines traditional CPT with seismic measurements, providing both geotechnical and geophysical data, while PCPT measures pore water pressure along with standard CPT data, offering comprehensive insights into soil behavior.
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Need for Comprehensive Soil Characterization and Advancements in Testing Methodologies to Boost Laboratory Testing Segment
By service, the global cone Penetration testing for the offshore wind market covers laboratory testing, quality control, data processing, and others.
Laboratory testing is the dominating segment owing to its ability to offer detailed analysis and reports of the available soil on the project site. It helps to understand the basics of wind projects during deployment.
Data processing is the fastest-growing segment driven by the advancement in technology. It involves monitoring, alerts, data acquisitions, maintenance, and others.
Quality control is having an adequate amount of share in the global market due to the requirement of daily maintenance in whole processes.
The market has been studied geographically across five main regions: North America, Europe, Asia Pacific, and Rest of the World
Asia Pacific Cone Penetration Testing for Offshore Wind Market Size, 2024 (USD Million)
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Asia Pacific is the dominating region in the cone Penetration testing for offshore wind market share driven by the recent opportunities in emerging countries such as China, India, South Korea, and others. Moreover, rapid industrialization and the need for clean energy sources to stabilize the electrification in the region is one of the major drivers to influence the market. This is directly impacting the geotechnical operations and services as these processes are essential for the deployment of renewable projects. For instance, in May 2024, Ocean Infinity and Cyan Renewables, a portfolio company of Seraya Partners, teamed up to deliver geotechnical and geophysical services for offshore wind projects in the Asia Pacific region. Both companies intend to offer complete marine CPT data services for offshore renewable projects in the Asia Pacific region.
North America is shifting its goals toward fossil fuel sources and comparatively focusing less on renewable energy. This is owing to the government's agenda to explore more in the oil & gas sector so as to decrease dependency on other countries for imports. This is leading North America to decline its growth chart in the coming years.
The U.S. is the dominating country in North America owing to the availability of the services providers of geotechnical services in the country. Despite the focus on fossil fuels, the country’s businesses are slowly but interested in wind projects to reduce carbon emissions and deliver efficient power to end-users. In July 2024, The Sunrise Wind project covering a 924 MW offshore wind farm was under construction in New York, U.S. It is anticipated to be the major wind farm in the country upon completion. The wind farm is expected to produce sufficient electricity to power more than 600,000 homes in the U.S. The project is about to be operational in 2026.
Europe is one of the fastest-growing regions driven by the government's aim toward environmental security. Germany, the U.K., the Netherlands, and Denmark are actively participating in the operation of renewable projects to enhance sustainability in the region. Many companies from different countries in the EU are investing and partnering for wind projects to match the recent trend of clean energy.
In April 2024, a global offshore wind services provider- Venterra Group's company Gavin & Doherty Geosolutions (GDG), signed an agreement to deliver early guiding and investigatory geotechnical and geophysical services for the Baltica 1 offshore wind farm.
The Rest of the World holds an ample amount of share of the global cone Penetration testing for the offshore wind market. Emerging countries such as Saudi Arabia, UAE, Brazil, and Mexico can create new opportunities in the market owing to the shift from fossil fuels to renewable sources. The recent demand for electricity in the majority of countries has increased and can be regulated by power generation through renewable sources.
Key Players are engaged in the Acquisition of New Contracts to Increase Market Presence
Key industry players in cone penetration testing (CPT) for offshore wind include Fugro, Geoquip Marine, Helms Geomarine, EGS Survey, Acteon, and ABL Group. These companies provide geotechnical services, including CPT, to support offshore wind farm developments, aiding in the assessment of soil conditions for turbine placement and foundation design. Key players in the market engaged in acquiring large-scale contracts to increase market share. For instance, in 2021, Fugro, a geotechnical services provider, won an offshore geotechnical contract as part of the consortium with Vietsovpetro and PTSC G&S from La Gan Wind, owned by Copenhagen Infrastructure Partners, Asiapetro, and Novasia for the La Gan offshore wind project in Vietnam.
The report provides a detailed analysis of the market and focuses on key aspects such as leading companies, product/service process, competitive landscape, and leading sources of geotechnical services. Besides, it offers insights into the market trends and highlights key industry developments. In addition to the factors above, it encompasses several factors that contributed to the growth of the market in recent years.
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ATTRIBUTE |
DETAILS |
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Study Period |
2019-2032 |
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Base Year |
2024 |
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Estimated Year |
2025 |
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Forecast Period |
2025-2032 |
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Historical Period |
2019-2023 |
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Growth Rate |
CAGR of 18.15% from 2025 to 2032 |
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Unit |
Value (USD Million) |
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Segmentation |
By Service
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By Region
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As per the Fortune Business Insights study, the market size was USD 60.00 million in 2024.
In 2024, the Asia Pacific market value stood at USD 32.17 million.
The market is expected to exhibit a CAGR of 18.15% during the forecast period.
Based on service, the laboratory testing segment led the global market.
Business strategies to explore renewable sources is expected to boost market growth.
Some of the top players in the market are Fugro, Gardline Limited, and Acteon.
Asia Pacific dominated the market in 2024.
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