Offshore Wind Energy Market Forecast Report | Global Analysis, Statistics, Revenue, Demand and Trend Analysis Research Report by 2027

Technological advancements of Offshore Wind Energy projects, rapid industrialization & urbanization, and the rising demand for electricity in the developing economies are driving the demand of the market. 

The Offshore Wind Energy study sheds light on industry profiles across several countries and regions. The extensive document is a rich source of information on market size, share and growth rate.

The industry profiles discussed in the Offshore Wind Energy report further identifies market segmentation, profit, and competitive landscape and offers forecast information on industry performance and trends for the period, 2020 to 2027.

The emergence of technologically advanced platforms powered by Artificial Intelligence,  robotics, machine learning, data analytics, and the Internet of things, Big data, the cloud help maintain wind energy and monitor the turbine’s energy level statistics.

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Industry Share – USD 36.20 billion in 2019, Market Growth – CAGR of 15.2%, Market Trends – Decreasing Offshore auction prices 

The prominent players participating in this industry include: Vestas, General Electric Company, Adwen, Doosan Heavy Industries and Construction Co., Ltd, Siemens Gamesa Renewable Energy, S.A., Senvion SA, Sinovel Wind Group Co., ABB, Ltd., Nexans S.A., and Nordex SE, among others.

• Installation Outlook (Revenue, USD Billion; 2017-2027)
• Floating structure
• Fixed Structure

• Location Outlook (Revenue, USD Billion; 2017-2027)
• Shallow Water (60m Depth)

• Component Outlook (Revenue, USD Billion; 2017-2027)
• Substructure
• Turbine
• Electrical Infrastructure
• Others

Key Geographies Profiled in the Report:

• North America(the U.S., Mexico, and Canada)
• Asia Pacific(China, Japan, India, and Rest of Asia Pacific)
• Europe(the U.K., France, Germany, and Rest of Europe)
• Latin America(Brazil and Rest of Latin America)
• Middle East & Africa(GCC Countries and Rest of Middle East & Africa)

The report further emphasizes the developmental strategies undertaken by these companies, including product innovation, new product launches, and technological upgradation. Moreover, the report studies the notable business events observed in this industry, such as mergers & acquisitions, joint ventures, partnerships, corporate deals, and brand promotions.  The key industry participants include:

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Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Offshore Wind Energy Market Segmentation & Impact Analysis

    4.1. Offshore Wind Energy Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Increasing demand for electricity

                    4.2.2.2. Increasing initiatives of the government to reduce carbon emissions

                    4.2.2.3. Favorable government regulations

                    4.2.2.4. Technological advancements of the renewable energy sources

                    4.2.2.5. Increasing investments in wind power projects

          4.2.3. Market restraints analysis

                    4.2.3.1. High installation cost of the offshore wind turbines

                    4.2.3.2. Heavy investment for the production of the offshore wind turbines

                    4.2.3.3. Increasing adoption of solar energy or gas-based power

                    4.2.3.4. Present challenging economic conditions due to the pandemic

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Offshore Wind Energy Market By Installation Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)

    5.1. Installation Dynamics & Market Share, 2019 & 2027

          5.1.1. Floating Structure

          5.1.2. Fixed Structure

Chapter 6. Offshore Wind Energy Market By Location Insights & Trends Revenue (USD Million), Volume (Kilo Tons)

    6.1. Location Dynamics & Market Share, 2019 & 2027

          6.1.1. Shallow Water (60m Depth)

Chapter 7. Offshore Wind Energy Market By Component Insights & Trends Revenue (USD Million), Volume (Kilo Tons)

    7.1. Component Dynamics & Market Share, 2019 & 2027

          7.1.1. Substructure

          7.1.2. Turbine

          7.1.3. Electrical Infrastructure

          7.1.4. Others

To Be Continued…!

Key Objectives of the Global Offshore Wind Energy Market Report:

• An all-inclusive analysis and forecast estimation of the market have been included in this report.
• The report offers valuable insights into the major drivers, limitations, opportunities, and challenges faced by the global Offshore Wind Energy market and its leading players.
• The report sheds light on the prominent market contenders, as well as their business strategies and long-term expansion plans.

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