Offshore Wind power is the electricity generated by using wind farms installed offshore, usually on the continental shelf, to harness wind energy. The winds blowing offshore are much harder and uniformly flowing than those on land. For an increase in the speed of wind by a mile per hour, electricity generated triples, making offshore wind energy a much-interested option for developers in comparison with onshore or land wind energy.

Around 4.45 GW of wind energy is generated from offshore units installed globally, with another 4.72 GW capacity units being under construction and an additional 30.44 GW capacity units being approved.

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The global Offshore Wind Energy Market is expected to grow at a CAGR of 20.3% from 2017 to 2025.

Geographic breakdown and deep analysis of each of the aforesaid segments have resulted in the following regions: North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics:

Offshore Wind Energy Market Drivers:

• Numerous advantages over their onshore counterparts are anticipated to increase the demand for offshore wind energy during the forecast period.
• Conducive incentive mechanisms and regulatory frameworks to increase investments and capacity are expected to increase the market demand for offshore wind energy during the forecast period.

Offshore Wind Energy Market Restraints:

• Higher capital costs associated with projects is projected to hamper the growth of the offshore wind market.
• Presence of obstructions in the supply chain is expected to lead to a slowdown of the market during the forecast period.

Offshore Wind Energy Market Players:

The top players in the Global Offshore Wind Market include

• Siemens Wind Power
• Vestas Wind Systems A/S
• Goldwind Science and Technology Co., Ltd.
• Gamesa Corporacion Tecnologica S.A.
• GE Wind Energy
• Sinovel Wind Group Co., Ltd.
• Dong Energy A/S
• Suzlon Energy Ltd.
• Nordex SE
• China Ming Yang Wind Power Group Limited.

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Offshore Wind Energy Market 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

Table Content for Offshore Wind Energy Industry

1. Executive summary for Offshore Wind Energy Industry
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis

2. Introduction for Offshore Wind Energy Industry
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology

3. Market landscape for Offshore Wind Energy Industry
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

Continue To Full ToC for Offshore Wind Market

List of Tables for Offshore Wind Energy Industry

14 Tables

List of Figures for Offshore Wind Energy Industry

38 Figures

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