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Offshore Wind Energy Market Applications, Future Trends, Recent Demand, Growth Analysis, Insights, Outlook, Size and Forecasts Report 2027

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Offshore Wind Energy Market Applications, Future Trends, Recent Demand, Growth Analysis, Insights, Outlook, Size and Forecasts Report 2027

March 29
02:35 2021
This report provides detailed historical analysis of global market for Offshore Wind Energy from 2014-2019, and provides extensive market forecasts from 2020-2027 by region/country and subsectors.

The global Offshore Wind Energy Market will be worth USD 106.10 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the increasing trend of industrialization in developing economies. The rapid urbanization and the increasing demand for electricity in developing countries are expected to drive the offshore wind energy market demand.

The study aims to provide a forecast of the growth of the Offshore Wind Energy market by examining the market size, share, demand, trends, and gross revenue of the industry. Further, it provides a competitive analysis and SWOT analysis.  The report segments the industry based on product type, application and end-use. It highlights the emerging trends as well as the novel technology that are visible in the market. The research offers a clear look at the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.

You Can Download Free Sample PDF Copy of Offshore Wind Energy Market at https://www.emergenresearch.com/request-sample/276

Key Highlights From The Report

In February 2019, Vestas entered into a partnership with a local manufacturing service provider, Marand Precision Engineering, for Wind Turbine Assembly Facility in Geelong. The partnerships will help Vestas to expand its wind turbine assembly in the Victorian renewable energy sector.

The Fixed structure held the largest market share of 57.5% in the year 2019. Cost-effectiveness and ease of operation of the fixed structure have resulted in the segment’s increasing demand.

Deep water (>60m Depth) is forecasted to grow with the fastest CAGR of 15.9% over the forecast period. The reductions in installations cost, improved engineering of turbines, and the development of turbines with floating substructures are expected to drive the segment’s demand.

The Turbines accounted for the largest market share of the offshore wind energy market in 2019. Technological advancements of the turbines increased its capacity, which resulted in the requirement of fewer turbines to produce the same amount of power.

The Asia Pacific region is expected to be the second-largest market for offshore wind energy. Increasing initiatives of the government to promote subsidy-free renewable projects in order to reduce the CO2 emission levels.

Key participants 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.

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Regional scope- North America; Europe; Asia Pacific; Central & South America; MEA

Installation Outlook (Revenue, USD Billion; 2017-2027)

Floating structure

Fixed Structure

Location Outlook (Revenue, USD Billion; 2017-2027)

Shallow Water (

Transitional Water (30m-60m Depth)

Deep Water (>60m Depth)

Component Outlook (Revenue, USD Billion; 2017-2027)

Substructure

Turbine

Electrical Infrastructure

Others

Key questions answered in the report

What will be the market size in terms of value and volume in the next five years?

Which segment is currently leading the market?

In which region will the market find its highest growth?

Which players will take the lead in the market?

What are the key drivers and restraints of the market’s growth?

Research Methodology

Data triangulation and market breakdown

Research assumptions Research data including primary and secondary data

Primary data includes breakdown of primaries and key industry insights

Secondary data includes key data from secondary sources

You Can Download Free Sample PDF Copy of Offshore Wind Energy Market at https://www.emergenresearch.com/request-sample/276

The global market landscape of Offshore Wind Energy (SIGINT) is expected to remain in a very competitive and highly fragmented landscape consisting of a number of both the small start-ups, medium enterprises, and large conglomerates. During the projected era, increasing demand for technological development and higher diversification in offered products ensure the enormous potential for the innovative players.

Report Objectives

Examine the size of the global Offshore Wind Energy market based on the parameters of value and volume.

Accurately calculate the market shares, consumption, and other essential aspects of different segments of the global Offshore Wind Energy market.

Explore the underlying dynamics of the global Offshore Wind Energy market.

Highlight significant trends of the global Offshore Wind Energy market based on factors including, production, revenue, and sales.

Extensively profile top players of the global Offshore Wind Energy market and showing how they compete in the industry.

Study manufacturing processes and the costs, product pricing, and various trends associated with them.

Analyze the performance of different regions and countries in the global Offshore Wind Energy market.

Forecast the market size and share of all segments and regions in the global landscape.

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Table of Content

Chapter 1. Methodology & Sources

    1.1. Offshore Wind Energy Market Definition

    1.2. Offshore Wind Energy Market Research Scope

    1.3. Offshore Wind Energy Market Methodology

    1.4. Offshore Wind Energy Market 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. Offshore Wind Energy Market Key Insights

Chapter 4. Offshore Wind Energy Market Segmentation & Impact Analysis

Chapter 5. Offshore Wind Energy Market By Technology Insights & Trends, Revenue (USD Billion) (Million MT)

Chapter 6. Offshore Wind Energy Market By End-Use Verticals Insights & Trends Revenue (USD Billion) (Million MT)

Chapter 7. Offshore Wind Energy Market Regional Outlook

Continued…

Media Contact
Company Name: Emergen Research
Contact Person: Eric Lee
Email: Send Email
Phone: +1 (604) 757-9756
Address:14671 110 Avenue Surrey, British Columbia, V3R2A9
City: Surrey
State: British Columbia
Country: Canada
Website: https://www.emergenresearch.com/industry-report/offshore-wind-energy-market

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