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Offshore Wind-Global Market Insights and Sales Trends 2024
Synopsis
Offshore wind power, also known as offshore wind energy, is linked to the construction of offshore wind power plants, usually located on the continental shelf, using wind power.
The global Offshore Wind market size is expected to reach US$ 92990 million by 2029, growing at a CAGR of 12.3% from 2023 to 2029. The market is mainly driven by the significant applications of Offshore Wind in various end use industries. The expanding demands from the Shallow Water, Transitional Water and Deep Water,, are propelling Offshore Wind market. Turbine, 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 Substructure segment is estimated at % CAGR for the next seven-year period.
The market in Europe is currently the largest market for offshore wind, followed by Asia-Pacific and North America.
Report Objectives
This report provides market insight on the different segments, by players, 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, 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 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 market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Offshore Wind 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 covered in this report include Adwen, Ming Yang Smart Energy, Doosan Heavy Industries, General Electric, Mhi Vestas Offshore Wind, Senvion, Siemens, Sinovel Wind and ABB, etc.
The global Offshore Wind market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Adwen
Ming Yang Smart Energy
Doosan Heavy Industries
General Electric
Mhi Vestas Offshore Wind
Senvion
Siemens
Sinovel Wind
ABB
Global Offshore Wind 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 market, Segment by Type:
Turbine
Substructure
Electrical Infrastructure
Global Offshore Wind market, by Application
Shallow Water
Transitional Water
Deep Water
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Offshore Wind companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Offshore wind power, also known as offshore wind energy, is linked to the construction of offshore wind power plants, usually located on the continental shelf, using wind power.
The global Offshore Wind market size is expected to reach US$ 92990 million by 2029, growing at a CAGR of 12.3% from 2023 to 2029. The market is mainly driven by the significant applications of Offshore Wind in various end use industries. The expanding demands from the Shallow Water, Transitional Water and Deep Water,, are propelling Offshore Wind market. Turbine, 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 Substructure segment is estimated at % CAGR for the next seven-year period.
The market in Europe is currently the largest market for offshore wind, followed by Asia-Pacific and North America.
Report Objectives
This report provides market insight on the different segments, by players, 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, 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 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 market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Offshore Wind 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 covered in this report include Adwen, Ming Yang Smart Energy, Doosan Heavy Industries, General Electric, Mhi Vestas Offshore Wind, Senvion, Siemens, Sinovel Wind and ABB, etc.
The global Offshore Wind market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Adwen
Ming Yang Smart Energy
Doosan Heavy Industries
General Electric
Mhi Vestas Offshore Wind
Senvion
Siemens
Sinovel Wind
ABB
Global Offshore Wind 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 market, Segment by Type:
Turbine
Substructure
Electrical Infrastructure
Global Offshore Wind market, by Application
Shallow Water
Transitional Water
Deep Water
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Offshore Wind companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Offshore Wind
1.1 Offshore Wind Market Overview
1.1.1 Offshore Wind Product Scope
1.1.2 Offshore Wind Market Status and Outlook
1.2 Global Offshore Wind Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Offshore Wind Market Size by Region (2018-2029)
1.4 Global Offshore Wind Historic Market Size by Region (2018-2023)
1.5 Global Offshore Wind Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Offshore Wind Market Size (2018-2029)
1.6.1 North America Offshore Wind Market Size (2018-2029)
1.6.2 Europe Offshore Wind Market Size (2018-2029)
1.6.3 Asia-Pacific Offshore Wind Market Size (2018-2029)
1.6.4 Latin America Offshore Wind Market Size (2018-2029)
1.6.5 Middle East & Africa Offshore Wind Market Size (2018-2029)
2 Offshore Wind Market by Type
2.1 Introduction
2.1.1 Turbine
2.1.2 Substructure
2.1.3 Electrical Infrastructure
2.2 Global Offshore Wind Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Offshore Wind Historic Market Size by Type (2018-2023)
2.2.2 Global Offshore Wind Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Offshore Wind Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Offshore Wind Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Offshore Wind Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Offshore Wind Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Offshore Wind Revenue Breakdown by Type (2018-2029)
3 Offshore Wind Market Overview by Application
3.1 Introduction
3.1.1 Shallow Water
3.1.2 Transitional Water
3.1.3 Deep Water
3.2 Global Offshore Wind Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Offshore Wind Historic Market Size by Application (2018-2023)
3.2.2 Global Offshore Wind Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Offshore Wind Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Offshore Wind Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Offshore Wind Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Offshore Wind Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Offshore Wind Revenue Breakdown by Application (2018-2029)
4 Offshore Wind Competition Analysis by Players
4.1 Global Offshore Wind Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Offshore Wind as of 2022)
4.3 Date of Key Players Enter into Offshore Wind Market
4.4 Global Top Players Offshore Wind Headquarters and Area Served
4.5 Key Players Offshore Wind Product Solution and Service
4.6 Competitive Status
4.6.1 Offshore Wind Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Adwen
5.1.1 Adwen Profile
5.1.2 Adwen Main Business
5.1.3 Adwen Offshore Wind Products, Services and Solutions
5.1.4 Adwen Offshore Wind Revenue (US$ Million) & (2018-2023)
5.1.5 Adwen Recent Developments
5.2 Ming Yang Smart Energy
5.2.1 Ming Yang Smart Energy Profile
5.2.2 Ming Yang Smart Energy Main Business
5.2.3 Ming Yang Smart Energy Offshore Wind Products, Services and Solutions
5.2.4 Ming Yang Smart Energy Offshore Wind Revenue (US$ Million) & (2018-2023)
5.2.5 Ming Yang Smart Energy Recent Developments
5.3 Doosan Heavy Industries
5.3.1 Doosan Heavy Industries Profile
5.3.2 Doosan Heavy Industries Main Business
5.3.3 Doosan Heavy Industries Offshore Wind Products, Services and Solutions
5.3.4 Doosan Heavy Industries Offshore Wind Revenue (US$ Million) & (2018-2023)
5.3.5 General Electric Recent Developments
5.4 General Electric
5.4.1 General Electric Profile
5.4.2 General Electric Main Business
5.4.3 General Electric Offshore Wind Products, Services and Solutions
5.4.4 General Electric Offshore Wind Revenue (US$ Million) & (2018-2023)
5.4.5 General Electric Recent Developments
5.5 Mhi Vestas Offshore Wind
5.5.1 Mhi Vestas Offshore Wind Profile
5.5.2 Mhi Vestas Offshore Wind Main Business
5.5.3 Mhi Vestas Offshore Wind Offshore Wind Products, Services and Solutions
5.5.4 Mhi Vestas Offshore Wind Offshore Wind Revenue (US$ Million) & (2018-2023)
5.5.5 Mhi Vestas Offshore Wind Recent Developments
5.6 Senvion
5.6.1 Senvion Profile
5.6.2 Senvion Main Business
5.6.3 Senvion Offshore Wind Products, Services and Solutions
5.6.4 Senvion Offshore Wind Revenue (US$ Million) & (2018-2023)
5.6.5 Senvion Recent Developments
5.7 Siemens
5.7.1 Siemens Profile
5.7.2 Siemens Main Business
5.7.3 Siemens Offshore Wind Products, Services and Solutions
5.7.4 Siemens Offshore Wind Revenue (US$ Million) & (2018-2023)
5.7.5 Siemens Recent Developments
5.8 Sinovel Wind
5.8.1 Sinovel Wind Profile
5.8.2 Sinovel Wind Main Business
5.8.3 Sinovel Wind Offshore Wind Products, Services and Solutions
5.8.4 Sinovel Wind Offshore Wind Revenue (US$ Million) & (2018-2023)
5.8.5 Sinovel Wind Recent Developments
5.9 ABB
5.9.1 ABB Profile
5.9.2 ABB Main Business
5.9.3 ABB Offshore Wind Products, Services and Solutions
5.9.4 ABB Offshore Wind Revenue (US$ Million) & (2018-2023)
5.9.5 ABB Recent Developments
6 North America
6.1 North America Offshore Wind Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Offshore Wind Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Offshore Wind Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Offshore Wind Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Offshore Wind Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Offshore Wind Market Dynamics
11.1 Offshore Wind Industry Trends
11.2 Offshore Wind Market Drivers
11.3 Offshore Wind Market Challenges
11.4 Offshore Wind Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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