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Offshore Wind Turbine-Global Market Insights and Sales Trends 2024
Synopsis
Offshore wind power or wind energy is the use of offshore constructed wind farms, usually on the continental shelf, to harvest wind energy and convert it into electrical energy.
The global Offshore Wind Turbine market size is expected to reach US$ 85390 million by 2029, growing at a CAGR of 8.9% from 2023 to 2029. The market is mainly driven by the significant applications of Offshore Wind Turbine in various end use industries. The expanding demands from the Shallow Sea and Deep Sea, are propelling Offshore Wind Turbine market. Horizontal Axis, 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 Vertical Axis segment is estimated at % CAGR for the next seven-year period.
Offshore wind technology is currently at a nascent stage of development and forms a small part of the global wind power market.
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 Turbine, 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 Turbine 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 Turbine market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Offshore Wind Turbine 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 Turbine covered in this report include ADWEN, MHI Vestas Offshore Wind, Senvion, Siemens Wind Power, AREVA WIND, Clipper Windpower, Doosan, Siemens(Gamesa) and GENERAL ELECTRIC, etc.
The global Offshore Wind Turbine market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ADWEN
MHI Vestas Offshore Wind
Senvion
Siemens Wind Power
AREVA WIND
Clipper Windpower
Doosan
Siemens(Gamesa)
GENERAL ELECTRIC
Samsung Heavy Industries
Sinovel Wind Group
Global Offshore Wind Turbine 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 Turbine market, Segment by Type:
Horizontal Axis
Vertical Axis
Global Offshore Wind Turbine market, by Application
Shallow Sea
Deep Sea
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 Turbine 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 Turbine 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.
Offshore wind power or wind energy is the use of offshore constructed wind farms, usually on the continental shelf, to harvest wind energy and convert it into electrical energy.
The global Offshore Wind Turbine market size is expected to reach US$ 85390 million by 2029, growing at a CAGR of 8.9% from 2023 to 2029. The market is mainly driven by the significant applications of Offshore Wind Turbine in various end use industries. The expanding demands from the Shallow Sea and Deep Sea, are propelling Offshore Wind Turbine market. Horizontal Axis, 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 Vertical Axis segment is estimated at % CAGR for the next seven-year period.
Offshore wind technology is currently at a nascent stage of development and forms a small part of the global wind power market.
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 Turbine, 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 Turbine 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 Turbine market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Offshore Wind Turbine 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 Turbine covered in this report include ADWEN, MHI Vestas Offshore Wind, Senvion, Siemens Wind Power, AREVA WIND, Clipper Windpower, Doosan, Siemens(Gamesa) and GENERAL ELECTRIC, etc.
The global Offshore Wind Turbine market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ADWEN
MHI Vestas Offshore Wind
Senvion
Siemens Wind Power
AREVA WIND
Clipper Windpower
Doosan
Siemens(Gamesa)
GENERAL ELECTRIC
Samsung Heavy Industries
Sinovel Wind Group
Global Offshore Wind Turbine 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 Turbine market, Segment by Type:
Horizontal Axis
Vertical Axis
Global Offshore Wind Turbine market, by Application
Shallow Sea
Deep Sea
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 Turbine 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 Turbine 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.
Index1 Offshore Wind Turbine Market Overview
1.1 Offshore Wind Turbine Product Overview
1.2 Offshore Wind Turbine Market Segment by Type
1.2.1 Horizontal Axis
1.2.2 Vertical Axis
1.3 Global Offshore Wind Turbine Market Size by Type
1.3.1 Global Offshore Wind Turbine Market Size Overview by Type (2018-2029)
1.3.2 Global Offshore Wind Turbine Historic Market Size Review by Type (2018-2023)
1.3.3 Global Offshore Wind Turbine Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Offshore Wind Turbine Sales Breakdown by Type (2018-2023)
1.4.2 Europe Offshore Wind Turbine Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Offshore Wind Turbine Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Offshore Wind Turbine Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Offshore Wind Turbine Sales Breakdown by Type (2018-2023)
2 Global Offshore Wind Turbine Market Competition by Company
2.1 Global Top Players by Offshore Wind Turbine Sales (2018-2023)
2.2 Global Top Players by Offshore Wind Turbine Revenue (2018-2023)
2.3 Global Top Players by Offshore Wind Turbine Price (2018-2023)
2.4 Global Top Manufacturers Offshore Wind Turbine Manufacturing Base Distribution, Sales Area, Product Type
2.5 Offshore Wind Turbine Market Competitive Situation and Trends
2.5.1 Offshore Wind Turbine Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Offshore Wind Turbine 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 Turbine as of 2022)
2.7 Date of Key Manufacturers Enter into Offshore Wind Turbine Market
2.8 Key Manufacturers Offshore Wind Turbine Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Offshore Wind Turbine Status and Outlook by Region
3.1 Global Offshore Wind Turbine Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Offshore Wind Turbine Historic Market Size by Region
3.2.1 Global Offshore Wind Turbine Sales in Volume by Region (2018-2023)
3.2.2 Global Offshore Wind Turbine Sales in Value by Region (2018-2023)
3.2.3 Global Offshore Wind Turbine Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Offshore Wind Turbine Forecasted Market Size by Region
3.3.1 Global Offshore Wind Turbine Sales in Volume by Region (2024-2029)
3.3.2 Global Offshore Wind Turbine Sales in Value by Region (2024-2029)
3.3.3 Global Offshore Wind Turbine Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Offshore Wind Turbine by Application
4.1 Offshore Wind Turbine Market Segment by Application
4.1.1 Shallow Sea
4.1.2 Deep Sea
4.2 Global Offshore Wind Turbine Market Size by Application
4.2.1 Global Offshore Wind Turbine Market Size Overview by Application (2018-2029)
4.2.2 Global Offshore Wind Turbine Historic Market Size Review by Application (2018-2023)
4.2.3 Global Offshore Wind Turbine Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Offshore Wind Turbine Sales Breakdown by Application (2018-2023)
4.3.2 Europe Offshore Wind Turbine Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Offshore Wind Turbine Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Offshore Wind Turbine Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Offshore Wind Turbine Sales Breakdown by Application (2018-2023)
5 North America Offshore Wind Turbine by Country
5.1 North America Offshore Wind Turbine Historic Market Size by Country
5.1.1 North America Offshore Wind Turbine Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Offshore Wind Turbine Sales in Volume by Country (2018-2023)
5.1.3 North America Offshore Wind Turbine Sales in Value by Country (2018-2023)
5.2 North America Offshore Wind Turbine Forecasted Market Size by Country
5.2.1 North America Offshore Wind Turbine Sales in Volume by Country (2024-2029)
5.2.2 North America Offshore Wind Turbine Sales in Value by Country (2024-2029)
6 Europe Offshore Wind Turbine by Country
6.1 Europe Offshore Wind Turbine Historic Market Size by Country
6.1.1 Europe Offshore Wind Turbine Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Offshore Wind Turbine Sales in Volume by Country (2018-2023)
6.1.3 Europe Offshore Wind Turbine Sales in Value by Country (2018-2023)
6.2 Europe Offshore Wind Turbine Forecasted Market Size by Country
6.2.1 Europe Offshore Wind Turbine Sales in Volume by Country (2024-2029)
6.2.2 Europe Offshore Wind Turbine Sales in Value by Country (2024-2029)
7 Asia-Pacific Offshore Wind Turbine by Region
7.1 Asia-Pacific Offshore Wind Turbine Historic Market Size by Region
7.1.1 Asia-Pacific Offshore Wind Turbine Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Offshore Wind Turbine Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Offshore Wind Turbine Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Offshore Wind Turbine Forecasted Market Size by Region
7.2.1 Asia-Pacific Offshore Wind Turbine Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Offshore Wind Turbine Sales in Value by Region (2024-2029)
8 Latin America Offshore Wind Turbine by Country
8.1 Latin America Offshore Wind Turbine Historic Market Size by Country
8.1.1 Latin America Offshore Wind Turbine Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Offshore Wind Turbine Sales in Volume by Country (2018-2023)
8.1.3 Latin America Offshore Wind Turbine Sales in Value by Country (2018-2023)
8.2 Latin America Offshore Wind Turbine Forecasted Market Size by Country
8.2.1 Latin America Offshore Wind Turbine Sales in Volume by Country (2024-2029)
8.2.2 Latin America Offshore Wind Turbine Sales in Value by Country (2024-2029)
9 Middle East and Africa Offshore Wind Turbine by Country
9.1 Middle East and Africa Offshore Wind Turbine Historic Market Size by Country
9.1.1 Middle East and Africa Offshore Wind Turbine Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Offshore Wind Turbine Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Offshore Wind Turbine Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Offshore Wind Turbine Forecasted Market Size by Country
9.2.1 Middle East and Africa Offshore Wind Turbine Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Offshore Wind Turbine Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ADWEN
10.1.1 ADWEN Company Information
10.1.2 ADWEN Introduction and Business Overview
10.1.3 ADWEN Offshore Wind Turbine Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ADWEN Offshore Wind Turbine Products Offered
10.1.5 ADWEN Recent Development
10.2 MHI Vestas Offshore Wind
10.2.1 MHI Vestas Offshore Wind Company Information
10.2.2 MHI Vestas Offshore Wind Introduction and Business Overview
10.2.3 MHI Vestas Offshore Wind Offshore Wind Turbine Sales, Revenue and Gross Margin (2018-2023)
10.2.4 MHI Vestas Offshore Wind Offshore Wind Turbine Products Offered
10.2.5 MHI Vestas Offshore Wind Recent Development
10.3 Senvion
10.3.1 Senvion Company Information
10.3.2 Senvion Introduction and Business Overview
10.3.3 Senvion Offshore Wind Turbine Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Senvion Offshore Wind Turbine Products Offered
10.3.5 Senvion Recent Development
10.4 Siemens Wind Power
10.4.1 Siemens Wind Power Company Information
10.4.2 Siemens Wind Power Introduction and Business Overview
10.4.3 Siemens Wind Power Offshore Wind Turbine Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Siemens Wind Power Offshore Wind Turbine Products Offered
10.4.5 Siemens Wind Power Recent Development
10.5 AREVA WIND
10.5.1 AREVA WIND Company Information
10.5.2 AREVA WIND Introduction and Business Overview
10.5.3 AREVA WIND Offshore Wind Turbine Sales, Revenue and Gross Margin (2018-2023)
10.5.4 AREVA WIND Offshore Wind Turbine Products Offered
10.5.5 AREVA WIND Recent Development
10.6 Clipper Windpower
10.6.1 Clipper Windpower Company Information
10.6.2 Clipper Windpower Introduction and Business Overview
10.6.3 Clipper Windpower Offshore Wind Turbine Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Clipper Windpower Offshore Wind Turbine Products Offered
10.6.5 Clipper Windpower Recent Development
10.7 Doosan
10.7.1 Doosan Company Information
10.7.2 Doosan Introduction and Business Overview
10.7.3 Doosan Offshore Wind Turbine Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Doosan Offshore Wind Turbine Products Offered
10.7.5 Doosan Recent Development
10.8 Siemens(Gamesa)
10.8.1 Siemens(Gamesa) Company Information
10.8.2 Siemens(Gamesa) Introduction and Business Overview
10.8.3 Siemens(Gamesa) Offshore Wind Turbine Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Siemens(Gamesa) Offshore Wind Turbine Products Offered
10.8.5 Siemens(Gamesa) Recent Development
10.9 GENERAL ELECTRIC
10.9.1 GENERAL ELECTRIC Company Information
10.9.2 GENERAL ELECTRIC Introduction and Business Overview
10.9.3 GENERAL ELECTRIC Offshore Wind Turbine Sales, Revenue and Gross Margin (2018-2023)
10.9.4 GENERAL ELECTRIC Offshore Wind Turbine Products Offered
10.9.5 GENERAL ELECTRIC Recent Development
10.10 Samsung Heavy Industries
10.10.1 Samsung Heavy Industries Company Information
10.10.2 Samsung Heavy Industries Introduction and Business Overview
10.10.3 Samsung Heavy Industries Offshore Wind Turbine Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Samsung Heavy Industries Offshore Wind Turbine Products Offered
10.10.5 Samsung Heavy Industries Recent Development
10.11 Sinovel Wind Group
10.11.1 Sinovel Wind Group Company Information
10.11.2 Sinovel Wind Group Introduction and Business Overview
10.11.3 Sinovel Wind Group Offshore Wind Turbine Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Sinovel Wind Group Offshore Wind Turbine Products Offered
10.11.5 Sinovel Wind Group Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Offshore Wind Turbine 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 Turbine Industrial Chain Analysis
11.4 Offshore Wind Turbine Market Dynamics
11.4.1 Offshore Wind Turbine Industry Trends
11.4.2 Offshore Wind Turbine Market Drivers
11.4.3 Offshore Wind Turbine Market Challenges
11.4.4 Offshore Wind Turbine Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Offshore Wind Turbine Distributors
12.3 Offshore Wind Turbine 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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