Offshore Wind Energy Market: Global Opportunities & Industry Forecast

Global Offshore Wind Energy Market

- Size, Trend, Share, Opportunity Analysis, and Forecast 2014-2025

  • Date Energy and Power
  • Date March 2017
  • price $3995
 
 

Global Offshore Wind Energy Market Overview:


The global offshore wind energy market is expected to grow at a CAGR of 20.3% from 2017 to 2025. Offshore wind power involves generation of electricity with the help of wind farms installed at offshore locations, especially on the continental shelf to use wind energy. The winds flowing offshore are uniform and faster than that flowing on land. For an increase in the wind speed by a mile per hour, the electricity generation is tripled. This makes offshore wind energy a beneficial option for developers as compared to onshore or land wind energy. Around 4.45 GW of wind energy can be generated using offshore units installed across the world. In addition, another 4.72 GW capacity units are under construction and 30.44 GW capacity units are under the process of approval.

Market Drivers and Restraints

The global offshore wind energy market is driven by the several benefits offshore wind energy has over their onshore counterparts. Moreover, conducive incentive mechanisms and regulatory frameworks to raise investments and capacity would lead to the increased demand for offshore wind energy. Nevertheless, the increasing investment costs associated with projects are likely to limit the growth of the industry. Furthermore, the presence of obstructions in the supply chain is expected to lower down the growth of the market.

Market Segmentation:

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • Argentina
    • Rest of LAMEA

Key Market Players

The report lists out all the major players operating in the global offshore wind energy market, giving an idea about the competitive landscape of the market. The top market players noted in the study include Siemens Wind Power, Goldwind Science and Technology Co., Ltd., Vestas Wind Systems A/S, GE Wind Energy, Gamesa Corporacion Tecnologica S.A., Dong Energy A/S, Sinovel Wind Group Co., Ltd., Nordex SE, Suzlon Energy Ltd., and China Ming Yang Wind Power Group Limited. Market expansions, new product launches, partnerships, collaborations, mergers & acquisitions, joint ventures, and others are a few strategies adopted by these industry players to strengthen their position in the marketplace.

Key Takeaways from the Report
  • This report explains the global offshore wind energy market with the help of market size, share analysis, current trends and projections for the future, market dynamics, market classification, and more to help stakeholders determine the potential investment zones.
  • The report offers insights on the strategies to be adopted by market players and other stakeholders to help them gain profit and a leading position.
  • An in-depth information on the drivers, restraints, and opportunities along with a detailed impact analysis are provided to help understand the factors responsible for the industry growth.
  • The current and future trends of the global offshore wind energy market are also analyzed in the report.
  • Porter’s Five Forces analysis offers useful insights on the potency of the buyers and suppliers in the global offshore wind energy market.
1. Executive summary
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis
2. Introduction
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology
3. Market landscape
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
3.2.1. Impact Analysis
3.3. Porter’s Analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global Offshore Wind Market Shares Analysis, 2014-2025
3.4.1. Global Offshore Wind Market Share By Geography, 2014-2025
4. Market By Geography
4.1. North America
4.1.1. Historical Market Size, 2014-2016
4.1.2. Market Forecast, 2017-2025
4.1.3. U.S.
4.1.3.1. Historical Market Size, 2014-2016
4.1.3.2. Market Forecast, 2017-2025
4.1.4. Canada
4.1.4.1. Historical Market Size, 2014-2016
4.1.4.2. Market Forecast, 2017-2025
4.1.5. Mexico
4.1.5.1. Historical Market Size, 2014-2016
4.1.5.2. Market Forecast, 2017-2025
4.2. Europe
4.2.1. Historical Market Size, 2014-2016
4.2.2. Market Forecast, 2017-2025
4.2.3. UK
4.2.3.1. Historical Market Size, 2014-2016
4.2.3.2. Market Forecast, 2017-2025
4.2.4. Germany
4.2.4.1. Historical Market Size, 2014-2016
4.2.4.2. Market Forecast, 2017-2025
4.2.5. France
4.2.5.1. Historical Market Size, 2014-2016
4.2.5.2. Market Forecast, 2017-2025
4.2.6. Spain
4.2.6.1. Historical Market Size, 2014-2016
4.2.6.2. Market Forecast, 2017-2025
4.2.7. Italy
4.2.7.1. Historical Market Size, 2014-2016
4.2.7.2. Market Forecast, 2017-2025
4.2.8. Rest of Europe
4.2.8.1. Historical Market Size, 2014-2016
4.2.8.2. Market Forecast, 2017-2025
4.3. Asia-Pacific
4.3.1. Historical Market Size, 2014-2016
4.3.2. Market Forecast, 2017-2025
4.3.3. China
4.3.3.1. Historical Market Size, 2014-2016
4.3.3.2. Market Forecast, 2017-2025
4.3.4. Japan
4.3.4.1. Historical Market Size, 2014-2016
4.3.4.2. Market Forecast, 2017-2025
4.3.5. India
4.3.5.1. Historical Market Size, 2014-2016
4.3.5.2. Market Forecast, 2017-2025
4.3.6. Australia
4.3.6.1. Historical Market Size, 2014-2016
4.3.6.2. Market Forecast, 2017-2025
4.3.7. South Korea
4.3.7.1. Historical Market Size, 2014-2016
4.3.7.2. Market Forecast, 2017-2025
4.3.8. Rest of Asia-Pacific
4.3.8.1. Historical Market Size, 2014-2016
4.3.8.2. Market Forecast, 2017-2025
4.4. LAMEA
4.4.1. Historical Market Size, 2014-2016
4.4.2. Market Forecast, 2017-2025
4.4.3. Brazil
4.4.3.1. Historical Market Size, 2014-2016
4.4.3.2. Market Forecast, 2017-2025
4.4.4. South Africa
4.4.4.1. Historical Market Size, 2014-2016
4.4.4.2. Market Forecast, 2017-2025
4.4.5. Saudi Arabia
4.4.5.1. Historical Market Size, 2014-2016
4.4.5.2. Market Forecast, 2017-2025
4.4.6. Rest of LAMEA
4.4.6.1. Historical Market Size, 2014-2016
4.4.6.2. Market Forecast, 2017-2025
5. Company profiles
5.1. Siemens Wind Power
5.1.1. Overview
5.1.2. Financials and business segments
5.1.3. Recent Developments
5.2. Vestas Wind Systems A/S
5.2.1. Overview
5.2.2. Financials and business segments
5.2.3. Recent Developments
5.3. Goldwind Science and Technology Co., Ltd.
5.3.1. Overview
5.3.2. Financials and business segments
5.3.3. Recent Developments
5.4. Gamesa Corporacion Tecnologica SA
5.4.1. Overview
5.4.2. Financials and business segments
5.4.3. Recent Developments
5.5. GE Wind Energy
5.5.1. Overview
5.5.2. Financials and business segments
5.5.3. Recent Developments
5.6. Sinovel Wind Group Co., Ltd.
5.6.1. Overview
5.6.2. Financials and business segments
5.6.3. Recent Developments
5.7. Dong Energy A/S
5.7.1. Overview
5.7.2. Financials and business segments
5.7.3. Recent Developments
5.8. Suzlon Energy Ltd.
5.8.1. Overview
5.8.2. Financials and business segments
5.8.3. Recent Developments
5.9. Nordex SE
5.9.1. Overview
5.9.2. Financials and business segments
5.9.3. Recent Developments
5.10. China Ming Yang Wind Power Group Limited
5.10.1. Overview
5.10.2. Financials and business segments
5.10.3. Recent Developments

List of Tables
Table 1. Offshore Wind Market Share for North America, by Country, 2014-2025, $million
Table 2. Offshore Wind Market Share for Europe, by Country, 2014-2025, $million
Table 3. Offshore Wind Market Share for Asia-Pacific, by Country, 2014-2025, $million
Table 4. Offshore Wind Market Share for LAMEA, by Country, 2014-2025, $million
Table 5.Siemens Wind Power - Company Snapshot
Table 6.Vestas Wind Systems A/S - Company Snapshot
Table 7.Goldwind Science and Technology Co., Ltd. - Company Snapshot
Table 8.Gamesa Corporacion Tecnologica SA - Company Snapshot
Table 9.GE Wind Energy - Company Snapshot
Table 10.Sinovel Wind Group Co., Ltd. - Company Snapshot
Table 11.Dong Energy A/S - Company Snapshot
Table 12.Suzlon Energy Ltd. - Company Snapshot
Table 13.Nordex SE - Company Snapshot
Table 14.China Ming Yang Wind Power Group Limited - Company Snapshot

List of Figures
Figure 1. Offshore Wind: U.S. Market Value, 2014-2016, $million
Figure 2. Offshore Wind: U.S. Market Value, 2017-2025, $million
Figure 3. Offshore Wind: Canada Market Value, 2014-2016, $million
Figure 4. Offshore Wind: Canada Market Value, 2017-2025, $million
Figure 5. Offshore Wind: Mexico Market Value, 2014-2016, $million
Figure 6. Offshore Wind: Mexico Market Value, 2017-2025, $million
Figure 7. Offshore Wind: UK Market Value, 2014-2016, $million
Figure 8. Offshore Wind: UK Market Value, 2017-2025, $million
Figure 9. Offshore Wind: Germany Market Value, 2014-2016, $million
Figure 10. Offshore Wind: Germany Market Value, 2017-2025, $million
Figure 11. Offshore Wind: France Market Value, 2014-2016, $million
Figure 12. Offshore Wind: France Market Value, 2017-2025, $million
Figure 13. Offshore Wind: Spain Market Value, 2014-2016, $million
Figure 14. Offshore Wind: Spain Market Value, 2017-2025, $million
Figure 15. Offshore Wind: Italy Market Value, 2014-2016, $million
Figure 16. Offshore Wind: Italy Market Value, 2017-2025, $million
Figure 17. Offshore Wind: Rest of Europe Market Value, 2014-2016, $million
Figure 18. Offshore Wind: Rest of Europe Market Value, 2017-2025, $million
Figure 19. Offshore Wind: China Market Value, 2014-2016, $million
Figure 20. Offshore Wind: China Market Value, 2017-2025, $million
Figure 21. Offshore Wind: Japan Market Value, 2014-2016, $million
Figure 22. Offshore Wind: Japan Market Value, 2017-2025, $million
Figure 23. Offshore Wind: India Market Value, 2014-2016, $million
Figure 24. Offshore Wind: India Market Value, 2017-2025, $million
Figure 25. Offshore Wind: Australia Market Value, 2014-2016, $million
Figure 26. Offshore Wind: Australia Market Value, 2017-2025, $million
Figure 27. Offshore Wind: South Korea Market Value, 2014-2016, $million
Figure 28. Offshore Wind: South Korea Market Value, 2017-2025, $million
Figure 29. Offshore Wind: Rest of Asia-Pacific Market Value, 2014-2016, $million
Figure 30. Offshore Wind: Rest of Asia-Pacific Market Value, 2017-2025, $million
Figure 31. Offshore Wind: Brazil Market Value, 2014-2016, $million
Figure 32. Offshore Wind: Brazil Market Value, 2017-2025, $million
Figure 33. Offshore Wind: Saudi Arabia Market Value, 2014-2016, $million
Figure 34. Offshore Wind: Saudi Arabia Market Value, 2017-2025, $million
Figure 35. Offshore Wind: South Africa Market Value, 2014-2016, $million
Figure 36. Offshore Wind: South Africa Market Value, 2017-2025, $million
Figure 37. Offshore Wind: Rest of LAMEA Market Value, 2014-2016, $million
Figure 38. Offshore Wind: Rest of LAMEA Market Value, 2017-2025, $million

 
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