Offshore Wind Energy Market
Offshore Wind Energy Market - Global Industry Assessment & Forecast
Segments Covered
- By Component Turbines, Electrical Infrastructure, Substructure, Others
- By Location Shallow Water, Transitional Water, Deep Water
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 34.56 Billion |
Revenue 2030: | USD 82.55 Billion |
Revenue CAGR (2023 - 2030): | 11.50% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Europe |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
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Executive Dashboard
- Strategic Imperatives
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Premium Insights
- Top 3 Trends to Watch
- Demand and Supply Trends
- Top 3 Strategies Followed by Major Players
- Top 3 Predictions by Vantage Market Research
- Top Investment Pockets
- Insights from Primary Respondents
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Global Offshore Wind Energy Market - Segment Analysis
- Overview
- Global Offshore Wind Energy Market, 2016 - 2028 (USD Million)
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Global Offshore Wind Energy Market - by Component
- By Turbines
- By Electrical Infrastructure
- By Substructure
- By Others
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Global Offshore Wind Energy Market - by Location
- By Shallow Water
- By Transitional Water
- By Deep Water
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Global Offshore Wind Energy Market - by region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Market comparative analysis
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North America Offshore Wind Energy Market - Segment Analysis
- Overview
- North America Offshore Wind Energy Market, 2016 - 2028 (USD Million)
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North America Offshore Wind Energy Market, by Component
- By Turbines
- By Electrical Infrastructure
- By Substructure
- By Others
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North America Offshore Wind Energy Market, by Location
- By Shallow Water
- By Transitional Water
- By Deep Water
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North America Offshore Wind Energy Market, by Country
- U.S.
- U.S. Offshore Wind Energy Market, By Component
- By Turbines
- By Electrical Infrastructure
- By Substructure
- By Others
- U.S. Offshore Wind Energy Market, By Location
- By Shallow Water
- By Transitional Water
- By Deep Water
- U.S. Offshore Wind Energy Market, By Component
- Canada
- Canada Offshore Wind Energy Market, By Component
- By Turbines
- By Electrical Infrastructure
- By Substructure
- By Others
- Canada Offshore Wind Energy Market, By Location
- By Shallow Water
- By Transitional Water
- By Deep Water
- Canada Offshore Wind Energy Market, By Component
- Mexico
- Mexico Offshore Wind Energy Market, By Component
- By Turbines
- By Electrical Infrastructure
- By Substructure
- By Others
- Mexico Offshore Wind Energy Market, By Location
- By Shallow Water
- By Transitional Water
- By Deep Water
- Mexico Offshore Wind Energy Market, By Component
- U.S.
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Europe Offshore Wind Energy Market - Segment Analysis
- Overview
- Europe Offshore Wind Energy Market, 2016 - 2028 (USD Million)
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Europe Offshore Wind Energy Market, by Component
- By Turbines
- By Electrical Infrastructure
- By Substructure
- By Others
-
Europe Offshore Wind Energy Market, by Location
- By Shallow Water
- By Transitional Water
- By Deep Water
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Europe Offshore Wind Energy Market, by Country
- Germany
- Germany Offshore Wind Energy Market, By Component
- By Turbines
- By Electrical Infrastructure
- By Substructure
- By Others
- Germany Offshore Wind Energy Market, By Location
- By Shallow Water
- By Transitional Water
- By Deep Water
- Germany Offshore Wind Energy Market, By Component
- UK
- UK Market, By Component
- By Turbines
- By Electrical Infrastructure
- By Substructure
- By Others
- UK Market, By Location
- By Shallow Water
- By Transitional Water
- By Deep Water
- UK Market, By Component
- France
- France Offshore Wind Energy Market, By Component
- By Turbines
- By Electrical Infrastructure
- By Substructure
- By Others
- France Offshore Wind Energy Market, By Location
- By Shallow Water
- By Transitional Water
- By Deep Water
- France Offshore Wind Energy Market, By Component
- Spain
- Spain Offshore Wind Energy Market, By Component
- By Turbines
- By Electrical Infrastructure
- By Substructure
- By Others
- Spain Offshore Wind Energy Market, By Location
- By Shallow Water
- By Transitional Water
- By Deep Water
- Spain Offshore Wind Energy Market, By Component
- Italy
- Italy Offshore Wind Energy Market, By Component
- By Turbines
- By Electrical Infrastructure
- By Substructure
- By Others
- Italy Offshore Wind Energy Market, By Location
- By Shallow Water
- By Transitional Water
- By Deep Water
- Italy Offshore Wind Energy Market, By Component
- BENELUX
- BENELUX Offshore Wind Energy Market, By Component
- By Turbines
- By Electrical Infrastructure
- By Substructure
- By Others
- BENELUX Offshore Wind Energy Market, By Location
- By Shallow Water
- By Transitional Water
- By Deep Water
- BENELUX Offshore Wind Energy Market, By Component
- Rest of Europe
- Rest Of Europe Offshore Wind Energy Market, By Component
- By Turbines
- By Electrical Infrastructure
- By Substructure
- By Others
- Rest Of Europe Offshore Wind Energy Market, By Location
- By Shallow Water
- By Transitional Water
- By Deep Water
- Rest Of Europe Offshore Wind Energy Market, By Component
- Germany
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Asia Pacific Offshore Wind Energy Market - Segment Analysis
- Overview
- Asia Pacific Offshore Wind Energy Market, 2016 - 2028 (USD Million)
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Asia Pacific Offshore Wind Energy Market, by Component
- By Turbines
- By Electrical Infrastructure
- By Substructure
- By Others
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Asia Pacific Offshore Wind Energy Market, by Location
- By Shallow Water
- By Transitional Water
- By Deep Water
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Asia Pacific Offshore Wind Energy Market, by Country
- China
- China Offshore Wind Energy Market, By Component
- By Turbines
- By Electrical Infrastructure
- By Substructure
- By Others
- China Offshore Wind Energy Market, By Location
- By Shallow Water
- By Transitional Water
- By Deep Water
- China Offshore Wind Energy Market, By Component
- Japan
- Japan Offshore Wind Energy Market, By Component
- By Turbines
- By Electrical Infrastructure
- By Substructure
- By Others
- Japan Offshore Wind Energy Market, By Location
- By Shallow Water
- By Transitional Water
- By Deep Water
- Japan Offshore Wind Energy Market, By Component
- India
- India Offshore Wind Energy Market, By Component
- By Turbines
- By Electrical Infrastructure
- By Substructure
- By Others
- India Offshore Wind Energy Market, By Location
- By Shallow Water
- By Transitional Water
- By Deep Water
- India Offshore Wind Energy Market, By Component
- South Korea
- South Korea Offshore Wind Energy Market, By Component
- By Turbines
- By Electrical Infrastructure
- By Substructure
- By Others
- South Korea Offshore Wind Energy Market, By Location
- By Shallow Water
- By Transitional Water
- By Deep Water
- South Korea Offshore Wind Energy Market, By Component
- South East Asia
- South East Asia Offshore Wind Energy Market, By Component
- By Turbines
- By Electrical Infrastructure
- By Substructure
- By Others
- South East Asia Offshore Wind Energy Market, By Location
- By Shallow Water
- By Transitional Water
- By Deep Water
- South East Asia Offshore Wind Energy Market, By Component
- Rest of Asia Pacific
- Rest of Asia Pacific Offshore Wind Energy Market, By Component
- By Turbines
- By Electrical Infrastructure
- By Substructure
- By Others
- Rest of Asia Pacific Offshore Wind Energy Market, By Location
- By Shallow Water
- By Transitional Water
- By Deep Water
- Rest of Asia Pacific Offshore Wind Energy Market, By Component
- China
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Latin America Offshore Wind Energy Market - Segment Analysis
- Overview
- Latin America Offshore Wind Energy Market, 2016 - 2028 (USD Million)
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Latin America Offshore Wind Energy Market, by Component
- By Turbines
- By Electrical Infrastructure
- By Substructure
- By Others
-
Latin America Offshore Wind Energy Market, by Location
- By Shallow Water
- By Transitional Water
- By Deep Water
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Latin America Offshore Wind Energy Market, by Country
- Brazil
- Brazil Offshore Wind Energy Market, By Component
- By Turbines
- By Electrical Infrastructure
- By Substructure
- By Others
- Brazil Offshore Wind Energy Market, By Location
- By Shallow Water
- By Transitional Water
- By Deep Water
- Brazil Offshore Wind Energy Market, By Component
- Argentina
- Argentina Offshore Wind Energy Market, By Component
- By Turbines
- By Electrical Infrastructure
- By Substructure
- By Others
- Argentina Offshore Wind Energy Market, By Location
- By Shallow Water
- By Transitional Water
- By Deep Water
- Argentina Offshore Wind Energy Market, By Component
- Rest of Latin America
- Rest of Latin America Offshore Wind Energy Market, By Component
- By Turbines
- By Electrical Infrastructure
- By Substructure
- By Others
- Rest of Latin America Offshore Wind Energy Market, By Location
- By Shallow Water
- By Transitional Water
- By Deep Water
- Rest of Latin America Offshore Wind Energy Market, By Component
- Brazil
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Middle East & Africa Offshore Wind Energy Market - Segment Analysis
- Overview
- Middle East & Africa Offshore Wind Energy Market, 2016 - 2028 (USD Million)
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Middle East & Africa Offshore Wind Energy Market, by Component
- By Turbines
- By Electrical Infrastructure
- By Substructure
- By Others
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Middle East & Africa Offshore Wind Energy Market, by Location
- By Shallow Water
- By Transitional Water
- By Deep Water
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Middle East & Africa Offshore Wind Energy Market, by Country
- GCC Countries
- GCC Countries Offshore Wind Energy Market, By Component
- By Turbines
- By Electrical Infrastructure
- By Substructure
- By Others
- GCC Countries Offshore Wind Energy Market, By Location
- By Shallow Water
- By Transitional Water
- By Deep Water
- GCC Countries Offshore Wind Energy Market, By Component
- South Africa
- South Africa Offshore Wind Energy Market, By Component
- By Turbines
- By Electrical Infrastructure
- By Substructure
- By Others
- South Africa Offshore Wind Energy Market, By Location
- By Shallow Water
- By Transitional Water
- By Deep Water
- South Africa Offshore Wind Energy Market, By Component
- Rest of Middle East & Africa
- Rest of Middle East & Africa Offshore Wind Energy Market, By Component
- By Turbines
- By Electrical Infrastructure
- By Substructure
- By Others
- Rest of Middle East & Africa Offshore Wind Energy Market, By Location
- By Shallow Water
- By Transitional Water
- By Deep Water
- Rest of Middle East & Africa Offshore Wind Energy Market, By Component
- GCC Countries
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Key Market Dynamics
- Introduction
- Market Drivers
- Market Restraints
- Market Opportunities
- Porter's Five Forces Analysis
- PEST Analysis
- Regulatory Landscape
- Technology Landscape
- Regional Market Trends
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COVID 19 Impact Analysis
- Key strategies undertaken by companies to tackle COVID-19
- Short term dynamics
- Long term dynamics
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Marketing Stratagy Analysis
- Marketing Channel
- Direct Marketing
- Indirect Marketing
- Marketing Channel Development Trends
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Competative Landscape
- Competition Matrix - 2021
- Company Market Share Analysis - 2021
- Key Company Activities, 2018 - 2021
- Strategic Developments - Heat Map Analysis
- Company Offering Evaluation
- Company Regional Presence Evaluation
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Company Profiles
- General Electric (US)
- Vestas (Denmark)
- Siemens Gamesa (Spain)
- Goldwind (China)
- Shanghai Electric Wind Power Equipment Co. (China)
- ABB (Switzerland)
- Doosan Heavy Industries and Construction (South Korea)
- Hitachi (Japan)
- Nordex SE (Germany)
- EEW (Germany)
- Nexans (France)
- DEME (Belgium)
- Ming Yang Smart Energy Group Co (China)
- Envision (China)
- Rockwell Automation (US)
- Hyundai Motor Group (South Korea)
- Schneider Electric (France)
- Zhejiang Windey Co.(China)
- Taiyuan Heavy Industry Co. (China)
- Sinovel(China)
- Key Primary Respondents - VERBATIM
- Discussion Guide
- Customization Offered
- Annexure
- List of Figures
- List of Tables
- List of Abbreviations
FAQ
Frequently Asked Question
What is the global demand for Offshore Wind Energy in terms of revenue?
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The global Offshore Wind Energy valued at USD 34.56 Billion in 2022 and is expected to reach USD 82.55 Billion in 2030 growing at a CAGR of 11.50%.
Which are the prominent players in the market?
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The prominent players in the market are General Electric (US), Vestas (Denmark), Siemens Gamesa (Spain), Goldwind (China), Shanghai Electric Wind Power Equipment Co. (China), ABB (Switzerland), Doosan Heavy Industries and Construction (South Korea), Hitachi (Japan), Nordex SE (Germany), EEW (Germany), Nexans (France), DEME (Belgium), Ming Yang Smart Energy Group Co (China), Envision (China), Rockwell Automation (US), Hyundai Motor Group (South Korea), Schneider Electric (France), Zhejiang Windey Co.(China), Taiyuan Heavy Industry Co. (China), Sinovel(China).
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 11.50% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Offshore Wind Energy include
- Increasing global investments in renewable energy are likely to drive offshore wind market
Which region accounted for the largest share in the market?
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Europe was the leading regional segment of the Offshore Wind Energy in 2022.