Global Offshore Wind Power Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Offshore Wind Power Market Size, Manufacturers, Opportunities and Forecast to 2030


Offshore Wind Power is the generation of electricity from wind by constructing wind farms in water bodies. It is estimated to be one of the cheapest and cleanest forms of electricity generation. Offshore wind turbines are larger in size and have greater wind speed compared with onshore wind turbines. Offshore wind power offers various advantages compared with onshore wind power.

According to APO Research, The global Offshore Wind Power market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

Germany is the largest Offshore Wind Power market with about 57% market share. Denmark is follower, accounting for about 12% market share.

The key players are Siemens, MHI Vestas, Senvion, Orano, BARD, Siemens(Gamesa), Hitachi, Sinovel, Shanghai Electric, Envision, Goldwind etc. Top 3 companies occupied about 73% market share.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Offshore Wind Power, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Offshore Wind Power.

The Offshore Wind Power market size, estimations, and forecasts are provided in terms of sales volume (MW) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Offshore Wind Power market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

Siemens
MHI Vestas
Senvion
Orano
BARD
Siemens (Gamesa)
Hitachi
Sinovel
Shanghai Electric
Envision
Goldwind

Offshore Wind Power segment by Type

Monopiles
Gravity
Jacket
Tripods
Tripiles
Floating

Offshore Wind Power segment by Application

Commercial
Demostration

Offshore Wind Power Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Offshore Wind Power market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Offshore Wind Power and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Offshore Wind Power.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Offshore Wind Power manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Offshore Wind Power in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Offshore Wind Power Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Offshore Wind Power Sales Estimates and Forecasts (2019-2030)
1.3 Offshore Wind Power Market by Type
1.3.1 Monopiles
1.3.2 Gravity
1.3.3 Jacket
1.3.4 Tripods
1.3.5 Tripiles
1.3.6 Floating
1.4 Global Offshore Wind Power Market Size by Type
1.4.1 Global Offshore Wind Power Market Size Overview by Type (2019-2030)
1.4.2 Global Offshore Wind Power Historic Market Size Review by Type (2019-2024)
1.4.3 Global Offshore Wind Power Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Offshore Wind Power Sales Breakdown by Type (2019-2024)
1.5.2 Europe Offshore Wind Power Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Offshore Wind Power Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Offshore Wind Power Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Offshore Wind Power Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Offshore Wind Power Industry Trends
2.2 Offshore Wind Power Industry Drivers
2.3 Offshore Wind Power Industry Opportunities and Challenges
2.4 Offshore Wind Power Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Offshore Wind Power Revenue (2019-2024)
3.2 Global Top Players by Offshore Wind Power Sales (2019-2024)
3.3 Global Top Players by Offshore Wind Power Price (2019-2024)
3.4 Global Offshore Wind Power Industry Company Ranking, 20
22 VS 2023 VS 2024
3.5 Global Offshore Wind Power Key Company Manufacturing Sites & Headquarters
3.6 Global Offshore Wind Power Company, Product Type & Application
3.7 Global Offshore Wind Power Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Offshore Wind Power Market CR5 and HHI
3.8.2 Global Top 5 and
10 Offshore Wind Power Players Market Share by Revenue in 2023
3.8.3 20
23 Offshore Wind Power Tier 1, Tier 2, and Tier 3
4 Offshore Wind Power Regional Status and Outlook
4.1 Global Offshore Wind Power Market Size and CAGR by Region: 20
19 VS 2023 VS 2030
4.2 Global Offshore Wind Power Historic Market Size by Region
4.2.1 Global Offshore Wind Power Sales in Volume by Region (2019-2024)
4.2.2 Global Offshore Wind Power Sales in Value by Region (2019-2024)
4.2.3 Global Offshore Wind Power Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Offshore Wind Power Forecasted Market Size by Region
4.3.1 Global Offshore Wind Power Sales in Volume by Region (2025-2030)
4.3.2 Global Offshore Wind Power Sales in Value by Region (2025-2030)
4.3.3 Global Offshore Wind Power Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Offshore Wind Power by Application
5.1 Offshore Wind Power Market by Application
5.1.1 Commercial
5.1.2 Demostration
5.2 Global Offshore Wind Power Market Size by Application
5.2.1 Global Offshore Wind Power Market Size Overview by Application (2019-2030)
5.2.2 Global Offshore Wind Power Historic Market Size Review by Application (2019-2024)
5.2.3 Global Offshore Wind Power Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Offshore Wind Power Sales Breakdown by Application (2019-2024)
5.3.2 Europe Offshore Wind Power Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Offshore Wind Power Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Offshore Wind Power Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Offshore Wind Power Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 Siemens
6.1.1 Siemens Comapny Information
6.1.2 Siemens Business Overview
6.1.3 Siemens Offshore Wind Power Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Siemens Offshore Wind Power Product Portfolio
6.1.5 Siemens Recent Developments
6.2 MHI Vestas
6.2.1 MHI Vestas Comapny Information
6.2.2 MHI Vestas Business Overview
6.2.3 MHI Vestas Offshore Wind Power Sales, Revenue and Gross Margin (2019-2024)
6.2.4 MHI Vestas Offshore Wind Power Product Portfolio
6.2.5 MHI Vestas Recent Developments
6.3 Senvion
6.3.1 Senvion Comapny Information
6.3.2 Senvion Business Overview
6.3.3 Senvion Offshore Wind Power Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Senvion Offshore Wind Power Product Portfolio
6.3.5 Senvion Recent Developments
6.4 Orano
6.4.1 Orano Comapny Information
6.4.2 Orano Business Overview
6.4.3 Orano Offshore Wind Power Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Orano Offshore Wind Power Product Portfolio
6.4.5 Orano Recent Developments
6.5 BARD
6.5.1 BARD Comapny Information
6.5.2 BARD Business Overview
6.5.3 BARD Offshore Wind Power Sales, Revenue and Gross Margin (2019-2024)
6.5.4 BARD Offshore Wind Power Product Portfolio
6.5.5 BARD Recent Developments
6.6 Siemens (Gamesa)
6.6.1 Siemens (Gamesa) Comapny Information
6.6.2 Siemens (Gamesa) Business Overview
6.6.3 Siemens (Gamesa) Offshore Wind Power Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Siemens (Gamesa) Offshore Wind Power Product Portfolio
6.6.5 Siemens (Gamesa) Recent Developments
6.7 Hitachi
6.7.1 Hitachi Comapny Information
6.7.2 Hitachi Business Overview
6.7.3 Hitachi Offshore Wind Power Sales, Revenue and Gross Margin (2019-2024)
6.7.4 Hitachi Offshore Wind Power Product Portfolio
6.7.5 Hitachi Recent Developments
6.8 Sinovel
6.8.1 Sinovel Comapny Information
6.8.2 Sinovel Business Overview
6.8.3 Sinovel Offshore Wind Power Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Sinovel Offshore Wind Power Product Portfolio
6.8.5 Sinovel Recent Developments
6.9 Shanghai Electric
6.9.1 Shanghai Electric Comapny Information
6.9.2 Shanghai Electric Business Overview
6.9.3 Shanghai Electric Offshore Wind Power Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Shanghai Electric Offshore Wind Power Product Portfolio
6.9.5 Shanghai Electric Recent Developments
6.
10 Envision
6.10.1 Envision Comapny Information
6.10.2 Envision Business Overview
6.10.3 Envision Offshore Wind Power Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Envision Offshore Wind Power Product Portfolio
6.10.5 Envision Recent Developments
6.
11 Goldwind
6.11.1 Goldwind Comapny Information
6.11.2 Goldwind Business Overview
6.11.3 Goldwind Offshore Wind Power Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Goldwind Offshore Wind Power Product Portfolio
6.11.5 Goldwind Recent Developments
7 North America by Country
7.1 North America Offshore Wind Power Sales by Country
7.1.1 North America Offshore Wind Power Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.1.2 North America Offshore Wind Power Sales by Country (2019-2024)
7.1.3 North America Offshore Wind Power Sales Forecast by Country (2025-2030)
7.2 North America Offshore Wind Power Market Size by Country
7.2.1 North America Offshore Wind Power Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.2.2 North America Offshore Wind Power Market Size by Country (2019-2024)
7.2.3 North America Offshore Wind Power Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Offshore Wind Power Sales by Country
8.1.1 Europe Offshore Wind Power Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.1.2 Europe Offshore Wind Power Sales by Country (2019-2024)
8.1.3 Europe Offshore Wind Power Sales Forecast by Country (2025-2030)
8.2 Europe Offshore Wind Power Market Size by Country
8.2.1 Europe Offshore Wind Power Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.2.2 Europe Offshore Wind Power Market Size by Country (2019-2024)
8.2.3 Europe Offshore Wind Power Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Offshore Wind Power Sales by Country
9.1.1 Asia-Pacific Offshore Wind Power Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.1.2 Asia-Pacific Offshore Wind Power Sales by Country (2019-2024)
9.1.3 Asia-Pacific Offshore Wind Power Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Offshore Wind Power Market Size by Country
9.2.1 Asia-Pacific Offshore Wind Power Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.2.2 Asia-Pacific Offshore Wind Power Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Offshore Wind Power Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Offshore Wind Power Sales by Country
10.1.1 Latin America Offshore Wind Power Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.1.2 Latin America Offshore Wind Power Sales by Country (2019-2024)
10.1.3 Latin America Offshore Wind Power Sales Forecast by Country (2025-2030)
10.2 Latin America Offshore Wind Power Market Size by Country
10.2.1 Latin America Offshore Wind Power Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.2.2 Latin America Offshore Wind Power Market Size by Country (2019-2024)
10.2.3 Latin America Offshore Wind Power Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Offshore Wind Power Sales by Country
11.1.1 Middle East and Africa Offshore Wind Power Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.1.2 Middle East and Africa Offshore Wind Power Sales by Country (2019-2024)
11.1.3 Middle East and Africa Offshore Wind Power Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Offshore Wind Power Market Size by Country
11.2.1 Middle East and Africa Offshore Wind Power Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.2.2 Middle East and Africa Offshore Wind Power Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Offshore Wind Power Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Offshore Wind Power Value Chain Analysis
12.1.1 Offshore Wind Power Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Offshore Wind Power Production Mode & Process
12.2 Offshore Wind Power Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Offshore Wind Power Distributors
12.2.3 Offshore Wind Power Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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