Global Offshore Wind Energy Market in Depth Research and Forecast 2025 by Construction Types, Deployment, Demand,Companies & Countries

Research Report Produced by Arc Research on “Global Offshore Wind Energy Market” Analyzes the Market Status, Market Share, Growth Rate, Future Trends, Market Drivers, Opportunities and Challenges, Risks and Entry Barriers, Sales Channels, Distributors and Porter's Five Forces Analysis.

Manhattan, United States - September 4, 2018 /MarketersMedia/ —

Global Offshore Wind Energy Market:

Global Offshore Wind Energy Market to reach USD 69.63 billion by 2025.

Wind energy is considered as the most efficient energy of all the renewable energies available globally. This is because it does not emit toxic substances and wastes and do not contaminate air or water.

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Offshore wind power, i.e. the kinetic energy of the wind, is one of the sources of clean and renewable electricity/power for countries across the globe. The offshore wind power involves using energy from wind turbine to generate electricity. Wind farms are constructed off the coasts, usually on the continental shelf to produce the wind energy for electricity generation. The offshore wind energy technology has attained considerable growth in a very short span of time, but there is clearly much development expected in terms of technological advancement.

Offshore wind turbines prove to be more competent than onshore wind turbines due to the more consistent wind speed and direction. Due to this, less number of turbines is required to be installed to generate the same amount of electricity as compared to onshore turbines. Moreover, offshore wind turbines do not interfere with regular land use. These prove to be advantageous with high energy potentials associated with the large areas and the stronger winds. Offshore wind infers better power generation; however, they have higher initial investment, operation, and maintenance costs. Although the fundamentals of technology are the same in both onshore and offshore, the offshore wind technology is expected to witness more advancements than the onshore technology.

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Global Offshore Wind Energy Market valued approximately USD 18.48 billion in 2016 is forecasted to grow with a healthy growth rate of more than 15.88% over the forecast period 2018-2025. The major factors speculated to augment the markets are government initiatives to reduce carbon footprint and rising need for renewable energy for power generation. Cost of energy and high capital investment are restraining the growth rate of the market. Growing research & development expenditure and innovative technological advancement in offshore wind components is a prime opportunity for growth in the market. Offshore Wind Energy is the use of wind farms to harvest wind energy to generate electricity. They are mostly constructed in bodies of water, frequently in the ocean on the continental shelf. Offshore wind energy forms an essential part of the clean energy resources and has a higher capacity factor as contrasted to the onshore wind energy.

The regional analysis of Global Offshore Wind Energy Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share. Whereas, owing to countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate / CAGR over the forecast period 2018-2025.

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The Detailed Segments and Sub-Segment of the Market are explained below:

By Type:
Turbine
Substructure
Electrical Infrastructure
Others

By Location:
Transitional Water
Shallow Water
Deep Water
Others

The Industry seems to be fairly competitive. Some of the Leading Market Players include GE Renewable Energy, MHI Vestas, Statoil, Siemens Gamesa, Adwen Offshore Inc., Orsted, Senvion, Petrofac Inc., ABB ltd., Sinovel, Nexans, EEW Group, and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.

Target Audience of the Offshore Wind Energy Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Table of Content:

Chapter 1. Global Offshore Wind Energy Market Definition & Scope:
1.1. Research Objective
1.2. Market Definition
1.3. Scope of The Study …

Chapter 2. Research Methodology:
2.1. Research Process
2.1.1. Data Mining
2.1.2. Analysis
2.1.3. Market Estimation …

Chapter 3. Executive Summary:
3.1. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
3.2. Key Trends …

Chapter 4. Global Offshore Wind Energy Market Dynamics:
4.1. Growth Prospects
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.2. Industry Analysis ….

Chapter 5. Global Offshore Wind Energy Market by Component:
5.1. Market Snapshot
5.2. Market Performance - Potential Model
5.3. Offshore Wind Energy Market, Sub Segment Analysis
5.3.1. Turbine….

Chapter 6. Global Offshore Wind Energy Market by Location:
6.1. Market Snapshot
6.2. Market Performance - Potential Model
6.3. Offshore Wind Energy Market, Sub Segment Analysis
6.3.1. Transitional Water …

Chapter 7. Global Offshore Wind Energy Market, Regional Analysis:
7.1. Offshore Wind Energy Market, Regional Market Snapshot (2015-2025)
7.2. North America Offshore Wind Energy Market Snapshot
7.2.1. U.S.
7.2.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)….

Chapter 8. Competitive Intelligence:
8.1. Company Market Share (Subject to Data Availability)
8.2. Top Market Strategies
8.3. Company Profiles …

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

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