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Offshore Wind Energy-Global Market Insights and Sales Trends 2024

Offshore Wind Energy-Global Market Insights and Sales Trends 2024

Publishing Date : Nov, 2023

License Type :
 

Report Code : 1838879

No of Pages : 129

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Synopsis
Offshore Wind Power is the generation of electricity from wind by constructing wind farms in water bodies. It is estimated to be one of the cheapest and cleanest forms of electricity generation. Offshore wind turbines are larger in size and have greater wind speed compared with onshore wind turbines. Offshore wind power offers various advantages compared with onshore wind power.
The global Offshore Wind Energy market size is expected to reach US$ 25160 million by 2029, growing at a CAGR of 3.3% from 2023 to 2029. The market is mainly driven by the significant applications of Offshore Wind Energy in various end use industries. The expanding demands from the Shallow Water and Deep Water, are propelling Offshore Wind Energy market. Upto 1 MW, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 1-3 MW segment is estimated at % CAGR for the next seven-year period.
Germany is the largest Offshore Wind Power market with about 57% market share. Denmark is follower, accounting for about 12% market share.
The key players are Siemens, MHI Vestas, Senvion, Orano, BARD, Siemens(Gamesa), Hitachi, Sinovel, Shanghai Electric, Envision, Goldwind etc. Top 3 companies occupied about 73% market share.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Offshore Wind Energy, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Offshore Wind Energy market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Offshore Wind Energy market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Offshore Wind Energy sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Offshore Wind Energy covered in this report include Siemens, MHI Vestas, ABB, General Electric, EEW Group, A2Sea, Nexans, Adwen Offshore and Equinor, etc.
The global Offshore Wind Energy market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Siemens
MHI Vestas
ABB
General Electric
EEW Group
A2Sea
Nexans
Adwen Offshore
Equinor
Orsted
Senvion
Sinovel
Petrofac
Vestas Wind Systems
Goldwind Science and Technology
Gamesa Corporacion Technologica
Dong Energy
Suzlon
Nordex
China Ming Yang Wind Power
Alstom Energy
Areva Wind
Clipper Wind Power
Doosan Heavy Industries
Construction
Global Offshore Wind Energy market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Offshore Wind Energy market, Segment by Type:
Upto 1 MW
1-3 MW
3-5 MW
5 MW and Above
Global Offshore Wind Energy market, by Application
Shallow Water
Deep Water
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Offshore Wind Energy manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Offshore Wind Energy in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Offshore Wind Energy Market Overview
1.1 Offshore Wind Energy Product Overview
1.2 Offshore Wind Energy Market Segment by Type
1.2.1 Upto 1 MW
1.2.2 1-3 MW
1.2.3 3-5 MW
1.2.4 5 MW and Above
1.3 Global Offshore Wind Energy Market Size by Type
1.3.1 Global Offshore Wind Energy Market Size Overview by Type (2018-2029)
1.3.2 Global Offshore Wind Energy Historic Market Size Review by Type (2018-2023)
1.3.3 Global Offshore Wind Energy Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Offshore Wind Energy Sales Breakdown by Type (2018-2023)
1.4.2 Europe Offshore Wind Energy Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Offshore Wind Energy Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Offshore Wind Energy Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Offshore Wind Energy Sales Breakdown by Type (2018-2023)
2 Global Offshore Wind Energy Market Competition by Company
2.1 Global Top Players by Offshore Wind Energy Sales (2018-2023)
2.2 Global Top Players by Offshore Wind Energy Revenue (2018-2023)
2.3 Global Top Players by Offshore Wind Energy Price (2018-2023)
2.4 Global Top Manufacturers Offshore Wind Energy Manufacturing Base Distribution, Sales Area, Product Type
2.5 Offshore Wind Energy Market Competitive Situation and Trends
2.5.1 Offshore Wind Energy Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Offshore Wind Energy Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Offshore Wind Energy as of 2022)
2.7 Date of Key Manufacturers Enter into Offshore Wind Energy Market
2.8 Key Manufacturers Offshore Wind Energy Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Offshore Wind Energy Status and Outlook by Region
3.1 Global Offshore Wind Energy Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Offshore Wind Energy Historic Market Size by Region
3.2.1 Global Offshore Wind Energy Sales in Volume by Region (2018-2023)
3.2.2 Global Offshore Wind Energy Sales in Value by Region (2018-2023)
3.2.3 Global Offshore Wind Energy Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Offshore Wind Energy Forecasted Market Size by Region
3.3.1 Global Offshore Wind Energy Sales in Volume by Region (2024-2029)
3.3.2 Global Offshore Wind Energy Sales in Value by Region (2024-2029)
3.3.3 Global Offshore Wind Energy Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Offshore Wind Energy by Application
4.1 Offshore Wind Energy Market Segment by Application
4.1.1 Shallow Water
4.1.2 Deep Water
4.2 Global Offshore Wind Energy Market Size by Application
4.2.1 Global Offshore Wind Energy Market Size Overview by Application (2018-2029)
4.2.2 Global Offshore Wind Energy Historic Market Size Review by Application (2018-2023)
4.2.3 Global Offshore Wind Energy Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Offshore Wind Energy Sales Breakdown by Application (2018-2023)
4.3.2 Europe Offshore Wind Energy Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Offshore Wind Energy Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Offshore Wind Energy Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Offshore Wind Energy Sales Breakdown by Application (2018-2023)
5 North America Offshore Wind Energy by Country
5.1 North America Offshore Wind Energy Historic Market Size by Country
5.1.1 North America Offshore Wind Energy Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Offshore Wind Energy Sales in Volume by Country (2018-2023)
5.1.3 North America Offshore Wind Energy Sales in Value by Country (2018-2023)
5.2 North America Offshore Wind Energy Forecasted Market Size by Country
5.2.1 North America Offshore Wind Energy Sales in Volume by Country (2024-2029)
5.2.2 North America Offshore Wind Energy Sales in Value by Country (2024-2029)
6 Europe Offshore Wind Energy by Country
6.1 Europe Offshore Wind Energy Historic Market Size by Country
6.1.1 Europe Offshore Wind Energy Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Offshore Wind Energy Sales in Volume by Country (2018-2023)
6.1.3 Europe Offshore Wind Energy Sales in Value by Country (2018-2023)
6.2 Europe Offshore Wind Energy Forecasted Market Size by Country
6.2.1 Europe Offshore Wind Energy Sales in Volume by Country (2024-2029)
6.2.2 Europe Offshore Wind Energy Sales in Value by Country (2024-2029)
7 Asia-Pacific Offshore Wind Energy by Region
7.1 Asia-Pacific Offshore Wind Energy Historic Market Size by Region
7.1.1 Asia-Pacific Offshore Wind Energy Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Offshore Wind Energy Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Offshore Wind Energy Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Offshore Wind Energy Forecasted Market Size by Region
7.2.1 Asia-Pacific Offshore Wind Energy Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Offshore Wind Energy Sales in Value by Region (2024-2029)
8 Latin America Offshore Wind Energy by Country
8.1 Latin America Offshore Wind Energy Historic Market Size by Country
8.1.1 Latin America Offshore Wind Energy Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Offshore Wind Energy Sales in Volume by Country (2018-2023)
8.1.3 Latin America Offshore Wind Energy Sales in Value by Country (2018-2023)
8.2 Latin America Offshore Wind Energy Forecasted Market Size by Country
8.2.1 Latin America Offshore Wind Energy Sales in Volume by Country (2024-2029)
8.2.2 Latin America Offshore Wind Energy Sales in Value by Country (2024-2029)
9 Middle East and Africa Offshore Wind Energy by Country
9.1 Middle East and Africa Offshore Wind Energy Historic Market Size by Country
9.1.1 Middle East and Africa Offshore Wind Energy Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Offshore Wind Energy Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Offshore Wind Energy Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Offshore Wind Energy Forecasted Market Size by Country
9.2.1 Middle East and Africa Offshore Wind Energy Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Offshore Wind Energy Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Siemens
10.1.1 Siemens Company Information
10.1.2 Siemens Introduction and Business Overview
10.1.3 Siemens Offshore Wind Energy Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Siemens Offshore Wind Energy Products Offered
10.1.5 Siemens Recent Development
10.2 MHI Vestas
10.2.1 MHI Vestas Company Information
10.2.2 MHI Vestas Introduction and Business Overview
10.2.3 MHI Vestas Offshore Wind Energy Sales, Revenue and Gross Margin (2018-2023)
10.2.4 MHI Vestas Offshore Wind Energy Products Offered
10.2.5 MHI Vestas Recent Development
10.3 ABB
10.3.1 ABB Company Information
10.3.2 ABB Introduction and Business Overview
10.3.3 ABB Offshore Wind Energy Sales, Revenue and Gross Margin (2018-2023)
10.3.4 ABB Offshore Wind Energy Products Offered
10.3.5 ABB Recent Development
10.4 General Electric
10.4.1 General Electric Company Information
10.4.2 General Electric Introduction and Business Overview
10.4.3 General Electric Offshore Wind Energy Sales, Revenue and Gross Margin (2018-2023)
10.4.4 General Electric Offshore Wind Energy Products Offered
10.4.5 General Electric Recent Development
10.5 EEW Group
10.5.1 EEW Group Company Information
10.5.2 EEW Group Introduction and Business Overview
10.5.3 EEW Group Offshore Wind Energy Sales, Revenue and Gross Margin (2018-2023)
10.5.4 EEW Group Offshore Wind Energy Products Offered
10.5.5 EEW Group Recent Development
10.6 A2Sea
10.6.1 A2Sea Company Information
10.6.2 A2Sea Introduction and Business Overview
10.6.3 A2Sea Offshore Wind Energy Sales, Revenue and Gross Margin (2018-2023)
10.6.4 A2Sea Offshore Wind Energy Products Offered
10.6.5 A2Sea Recent Development
10.7 Nexans
10.7.1 Nexans Company Information
10.7.2 Nexans Introduction and Business Overview
10.7.3 Nexans Offshore Wind Energy Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Nexans Offshore Wind Energy Products Offered
10.7.5 Nexans Recent Development
10.8 Adwen Offshore
10.8.1 Adwen Offshore Company Information
10.8.2 Adwen Offshore Introduction and Business Overview
10.8.3 Adwen Offshore Offshore Wind Energy Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Adwen Offshore Offshore Wind Energy Products Offered
10.8.5 Adwen Offshore Recent Development
10.9 Equinor
10.9.1 Equinor Company Information
10.9.2 Equinor Introduction and Business Overview
10.9.3 Equinor Offshore Wind Energy Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Equinor Offshore Wind Energy Products Offered
10.9.5 Equinor Recent Development
10.10 Orsted
10.10.1 Orsted Company Information
10.10.2 Orsted Introduction and Business Overview
10.10.3 Orsted Offshore Wind Energy Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Orsted Offshore Wind Energy Products Offered
10.10.5 Orsted Recent Development
10.11 Senvion
10.11.1 Senvion Company Information
10.11.2 Senvion Introduction and Business Overview
10.11.3 Senvion Offshore Wind Energy Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Senvion Offshore Wind Energy Products Offered
10.11.5 Senvion Recent Development
10.12 Sinovel
10.12.1 Sinovel Company Information
10.12.2 Sinovel Introduction and Business Overview
10.12.3 Sinovel Offshore Wind Energy Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Sinovel Offshore Wind Energy Products Offered
10.12.5 Sinovel Recent Development
10.13 Petrofac
10.13.1 Petrofac Company Information
10.13.2 Petrofac Introduction and Business Overview
10.13.3 Petrofac Offshore Wind Energy Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Petrofac Offshore Wind Energy Products Offered
10.13.5 Petrofac Recent Development
10.14 Vestas Wind Systems
10.14.1 Vestas Wind Systems Company Information
10.14.2 Vestas Wind Systems Introduction and Business Overview
10.14.3 Vestas Wind Systems Offshore Wind Energy Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Vestas Wind Systems Offshore Wind Energy Products Offered
10.14.5 Vestas Wind Systems Recent Development
10.15 Goldwind Science and Technology
10.15.1 Goldwind Science and Technology Company Information
10.15.2 Goldwind Science and Technology Introduction and Business Overview
10.15.3 Goldwind Science and Technology Offshore Wind Energy Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Goldwind Science and Technology Offshore Wind Energy Products Offered
10.15.5 Goldwind Science and Technology Recent Development
10.16 Gamesa Corporacion Technologica
10.16.1 Gamesa Corporacion Technologica Company Information
10.16.2 Gamesa Corporacion Technologica Introduction and Business Overview
10.16.3 Gamesa Corporacion Technologica Offshore Wind Energy Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Gamesa Corporacion Technologica Offshore Wind Energy Products Offered
10.16.5 Gamesa Corporacion Technologica Recent Development
10.17 Dong Energy
10.17.1 Dong Energy Company Information
10.17.2 Dong Energy Introduction and Business Overview
10.17.3 Dong Energy Offshore Wind Energy Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Dong Energy Offshore Wind Energy Products Offered
10.17.5 Dong Energy Recent Development
10.18 Suzlon
10.18.1 Suzlon Company Information
10.18.2 Suzlon Introduction and Business Overview
10.18.3 Suzlon Offshore Wind Energy Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Suzlon Offshore Wind Energy Products Offered
10.18.5 Suzlon Recent Development
10.19 Nordex
10.19.1 Nordex Company Information
10.19.2 Nordex Introduction and Business Overview
10.19.3 Nordex Offshore Wind Energy Sales, Revenue and Gross Margin (2018-2023)
10.19.4 Nordex Offshore Wind Energy Products Offered
10.19.5 Nordex Recent Development
10.20 China Ming Yang Wind Power
10.20.1 China Ming Yang Wind Power Company Information
10.20.2 China Ming Yang Wind Power Introduction and Business Overview
10.20.3 China Ming Yang Wind Power Offshore Wind Energy Sales, Revenue and Gross Margin (2018-2023)
10.20.4 China Ming Yang Wind Power Offshore Wind Energy Products Offered
10.20.5 China Ming Yang Wind Power Recent Development
10.21 Alstom Energy
10.21.1 Alstom Energy Company Information
10.21.2 Alstom Energy Introduction and Business Overview
10.21.3 Alstom Energy Offshore Wind Energy Sales, Revenue and Gross Margin (2018-2023)
10.21.4 Alstom Energy Offshore Wind Energy Products Offered
10.21.5 Alstom Energy Recent Development
10.22 Areva Wind
10.22.1 Areva Wind Company Information
10.22.2 Areva Wind Introduction and Business Overview
10.22.3 Areva Wind Offshore Wind Energy Sales, Revenue and Gross Margin (2018-2023)
10.22.4 Areva Wind Offshore Wind Energy Products Offered
10.22.5 Areva Wind Recent Development
10.23 Clipper Wind Power
10.23.1 Clipper Wind Power Company Information
10.23.2 Clipper Wind Power Introduction and Business Overview
10.23.3 Clipper Wind Power Offshore Wind Energy Sales, Revenue and Gross Margin (2018-2023)
10.23.4 Clipper Wind Power Offshore Wind Energy Products Offered
10.23.5 Clipper Wind Power Recent Development
10.24 Doosan Heavy Industries
10.24.1 Doosan Heavy Industries Company Information
10.24.2 Doosan Heavy Industries Introduction and Business Overview
10.24.3 Doosan Heavy Industries Offshore Wind Energy Sales, Revenue and Gross Margin (2018-2023)
10.24.4 Doosan Heavy Industries Offshore Wind Energy Products Offered
10.24.5 Doosan Heavy Industries Recent Development
10.25 Construction
10.25.1 Construction Company Information
10.25.2 Construction Introduction and Business Overview
10.25.3 Construction Offshore Wind Energy Sales, Revenue and Gross Margin (2018-2023)
10.25.4 Construction Offshore Wind Energy Products Offered
10.25.5 Construction Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Offshore Wind Energy Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Offshore Wind Energy Industrial Chain Analysis
11.4 Offshore Wind Energy Market Dynamics
11.4.1 Offshore Wind Energy Industry Trends
11.4.2 Offshore Wind Energy Market Drivers
11.4.3 Offshore Wind Energy Market Challenges
11.4.4 Offshore Wind Energy Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Offshore Wind Energy Distributors
12.3 Offshore Wind Energy Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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