October 4, 2024

Offshore Wind Energy Market Size to Worth Around US$ 129 Billion by 2030

[150+ Pages Report] As per the latest Research and survey report issued by Precedence Research, the global offshore wind energy market was valued at around USD 27.33 billion in 2021 and is expected to register revenues worth USD 129 billion by the end of 2030, growing at an exceptional CAGR of approximately 18.82% between 2022 and 2030.

Offshore Wind Energy Market

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Offshore Wind Energy Market Report Scope

A recent study by Precedence Research on the offshore wind energy market offers a forecast for 2022 and 2030. The study analyzes crucial trends that are currently determining the growth of the offshore wind energy market. This report explicates on vital dynamics such as the drivers, restraints, and opportunities for key market players, along with key stakeholders as well as emerging players associated with the manufacturing of offshore wind energy. The study also provides the dynamics that are responsible for influencing the future status of the offshore wind energy market over the forecast period.

A detailed assessment of the offshore wind energy market value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the offshore wind energy market along with their product portfolio enhances the reliability of this comprehensive research study.

Competition Landscape

The report has engulfed a chapter on the global offshore wind energy market’s competitive landscape, which provides detailed analysis and insights on companies offering offshore wind energy. Profiles of key companies, along with a strategic overview of their M&A and expansion plans across geographies, have been delivered in this chapter. This chapter is priceless for report readers, as its enables them in gauging their growth potential in the market and implement key strategies for extending their market reach.

This chapter offers key recommendations for both new and existing market participants, enabling them to emerge sustainably and profitably. Intelligence on the market players has been delivered on the basis of their product overview, SWOT analysis, key developments, key financials and company overview. Occupancy of these market participants has been tracked by the report and portrayed via an intensity map.

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Some of the Prominent Players in the Offshore Wind Energy Market Include:

Siemens Gamesa, Prysmian Group, Nexans, Sumitomo Electric, General Electric, Southwire LLC, IMPSA, Enessere, LS Cable & System, Vestas, Goldwind, Nordex, WEG, Suzlon Energy, Global Energy (Group), Senvion, RTS Wind, Vattenfall, ENVISION Group, NSW Cable, Clipper Windpower, Enercon, JDR Cable, Northland Power, Bergey Windpower, NKT A/S, and Zhejiang Windey.

Offshore Wind Energy Market Segmentation

By Components

  • Turbines
    • Rating
      • ≤ 2 MW
      • > 2 to ≤ 5 MW
      • > 5 to ≤ 8 MW
      • > 8 to ≤ 10 MW
      • > 10 to ≤ 12 MW
      • > 12 MW
    • Installation
      • Floating
        • Axis
        • Component
      • Fixed
        • Axis
        • Component
  • Electrical infrastructure
    • Wires & cables
    • Substation
    • Others
  • Support Structure
    • Substructure (steel)
    • Foundation
      • Monopile
      • Jacket
    • Others

By Location

  • Shallow Water
  • Transitional Water
  • Deep Water

By Depth

  • 0 to ≤ 30 m
  • 30 to ≤ 50 m
  • 50 m

By Capacity

  • Up to 3MW
  • 3MW to 5MW
  • Above 5MW

Regional Segmentation

  • Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
  • Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
  • North America [United States, Canada, Mexico]
  • South America [Brazil, Argentina, Columbia, Chile, Peru]
  • Middle East & Africa [GCC, North Africa, South Africa]

Regional Analysis

The research report includes a detailed study of regions of North America, Europe, China, Japan and Rest of the World. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2022 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.

The report provides in-depth segment analysis of the global offshore wind energy market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries, which hold growth opportunities or account for significant share has also been included as part of geographic analysis of the offshore wind energy market.

The report includes country-wise and region-wise market size for the period 2022-2030. It also includes market size and forecast by segments in terms of production capacity, price and revenue for the period 2022-2030.

Why should you invest in this report?

If you are aiming to enter the global offshore wind energy market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for offshore wind energy are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Table of Contents

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Offshore Wind Energy Market 

5.1. COVID-19 Landscape: Offshore Wind Energy Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Offshore Wind Energy Market, By Components

8.1. Offshore Wind Energy Market, by Components Type, 2022-2030

8.1.1. Turbines

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Electrical infrastructure

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Support Structure

8.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Offshore Wind Energy Market, By Location

9.1. Offshore Wind Energy Market, by Location, 2022-2030

9.1.1. Shallow Water

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Transitional Water

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Deep Water

9.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Offshore Wind Energy Market, By Depth Type 

10.1. Offshore Wind Energy Market, by Depth Type, 2022-2030

10.1.1. 0 to ≤ 30 m

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. 30 to ≤ 50 m

10.1.2.1. Market Revenue and Forecast (2017-2030)

10.1.3. 50 m

10.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Offshore Wind Energy Market, By Capacity Type 

11.1. Offshore Wind Energy Market, by Capacity Type, 2022-2030

11.1.1. Up to 3MW

11.1.1.1. Market Revenue and Forecast (2017-2030)

11.1.2. 3MW to 5MW

11.1.2.1. Market Revenue and Forecast (2017-2030)

11.1.3. Above 5MW

11.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 12. Global Offshore Wind Energy Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Components (2017-2030)

12.1.2. Market Revenue and Forecast, by Location (2017-2030)

12.1.3. Market Revenue and Forecast, by Depth Type (2017-2030)

12.1.4. Market Revenue and Forecast, by Capacity Type (2017-2030)

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Components (2017-2030)

12.1.5.2. Market Revenue and Forecast, by Location (2017-2030)

12.1.5.3. Market Revenue and Forecast, by Depth Type (2017-2030)

12.1.5.4. Market Revenue and Forecast, by Capacity Type (2017-2030)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Components (2017-2030)

12.1.6.2. Market Revenue and Forecast, by Location (2017-2030)

12.1.6.3. Market Revenue and Forecast, by Depth Type (2017-2030)

12.1.6.4. Market Revenue and Forecast, by Capacity Type (2017-2030)

12.2. Europe

12.2.1. Market Revenue and Forecast, by Components (2017-2030)

12.2.2. Market Revenue and Forecast, by Location (2017-2030)

12.2.3. Market Revenue and Forecast, by Depth Type (2017-2030)

12.2.4. Market Revenue and Forecast, by Capacity Type (2017-2030)

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Components (2017-2030)

12.2.5.2. Market Revenue and Forecast, by Location (2017-2030)

12.2.5.3. Market Revenue and Forecast, by Depth Type (2017-2030)

12.2.5.4. Market Revenue and Forecast, by Capacity Type (2017-2030)

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Components (2017-2030)

12.2.6.2. Market Revenue and Forecast, by Location (2017-2030)

12.2.6.3. Market Revenue and Forecast, by Depth Type (2017-2030)

12.2.6.4. Market Revenue and Forecast, by Capacity Type (2017-2030)

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Components (2017-2030)

12.2.7.2. Market Revenue and Forecast, by Location (2017-2030)

12.2.7.3. Market Revenue and Forecast, by Depth Type (2017-2030)

12.2.7.4. Market Revenue and Forecast, by Capacity Type (2017-2030)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Components (2017-2030)

12.2.8.2. Market Revenue and Forecast, by Location (2017-2030)

12.2.8.3. Market Revenue and Forecast, by Depth Type (2017-2030)

12.2.8.4. Market Revenue and Forecast, by Capacity Type (2017-2030)

12.3. APAC

12.3.1. Market Revenue and Forecast, by Components (2017-2030)

12.3.2. Market Revenue and Forecast, by Location (2017-2030)

12.3.3. Market Revenue and Forecast, by Depth Type (2017-2030)

12.3.4. Market Revenue and Forecast, by Capacity Type (2017-2030)

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Components (2017-2030)

12.3.5.2. Market Revenue and Forecast, by Location (2017-2030)

12.3.5.3. Market Revenue and Forecast, by Depth Type (2017-2030)

12.3.5.4. Market Revenue and Forecast, by Capacity Type (2017-2030)

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Components (2017-2030)

12.3.6.2. Market Revenue and Forecast, by Location (2017-2030)

12.3.6.3. Market Revenue and Forecast, by Depth Type (2017-2030)

12.3.6.4. Market Revenue and Forecast, by Capacity Type (2017-2030)

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Components (2017-2030)

12.3.7.2. Market Revenue and Forecast, by Location (2017-2030)

12.3.7.3. Market Revenue and Forecast, by Depth Type (2017-2030)

12.3.7.4. Market Revenue and Forecast, by Capacity Type (2017-2030)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Components (2017-2030)

12.3.8.2. Market Revenue and Forecast, by Location (2017-2030)

12.3.8.3. Market Revenue and Forecast, by Depth Type (2017-2030)

12.3.8.4. Market Revenue and Forecast, by Capacity Type (2017-2030)

12.4. MEA

12.4.1. Market Revenue and Forecast, by Components (2017-2030)

12.4.2. Market Revenue and Forecast, by Location (2017-2030)

12.4.3. Market Revenue and Forecast, by Depth Type (2017-2030)

12.4.4. Market Revenue and Forecast, by Capacity Type (2017-2030)

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Components (2017-2030)

12.4.5.2. Market Revenue and Forecast, by Location (2017-2030)

12.4.5.3. Market Revenue and Forecast, by Depth Type (2017-2030)

12.4.5.4. Market Revenue and Forecast, by Capacity Type (2017-2030)

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Components (2017-2030)

12.4.6.2. Market Revenue and Forecast, by Location (2017-2030)

12.4.6.3. Market Revenue and Forecast, by Depth Type (2017-2030)

12.4.6.4. Market Revenue and Forecast, by Capacity Type (2017-2030)

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Components (2017-2030)

12.4.7.2. Market Revenue and Forecast, by Location (2017-2030)

12.4.7.3. Market Revenue and Forecast, by Depth Type (2017-2030)

12.4.7.4. Market Revenue and Forecast, by Capacity Type (2017-2030)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Components (2017-2030)

12.4.8.2. Market Revenue and Forecast, by Location (2017-2030)

12.4.8.3. Market Revenue and Forecast, by Depth Type (2017-2030)

12.4.8.4. Market Revenue and Forecast, by Capacity Type (2017-2030)

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Components (2017-2030)

12.5.2. Market Revenue and Forecast, by Location (2017-2030)

12.5.3. Market Revenue and Forecast, by Depth Type (2017-2030)

12.5.4. Market Revenue and Forecast, by Capacity Type (2017-2030)

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Components (2017-2030)

12.5.5.2. Market Revenue and Forecast, by Location (2017-2030)

12.5.5.3. Market Revenue and Forecast, by Depth Type (2017-2030)

12.5.5.4. Market Revenue and Forecast, by Capacity Type (2017-2030)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Components (2017-2030)

12.5.6.2. Market Revenue and Forecast, by Location (2017-2030)

12.5.6.3. Market Revenue and Forecast, by Depth Type (2017-2030)

12.5.6.4. Market Revenue and Forecast, by Capacity Type (2017-2030)

Chapter 13. Company Profiles

13.1. Siemens Gamesa

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Prysmian Group

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Nexans

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Sumitomo Electric

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. General Electric

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Southwire LLC

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. IMPSA

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Enessere

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. LS Cable & System

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Vestas

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

13.11. Goldwind

13.11.1. Company Overview

13.11.2. Product Offerings

13.11.3. Financial Performance

13.11.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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Janet Edward

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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