Global Offshore Wind Energy Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Offshore Wind Energy Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Offshore Wind Energy market size was valued at USD 20490 million in 2023 and is forecast to a readjusted size of USD 25520 million by 2030 with a CAGR of 3.2% during review period.

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.

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.

The Global Info Research report includes an overview of the development of the Offshore Wind Energy industry chain, the market status of Shallow Water (Upto 1 MW, 1-3 MW), Deep Water (Upto 1 MW, 1-3 MW), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Offshore Wind Energy.

Regionally, the report analyzes the Offshore Wind Energy markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Offshore Wind Energy market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Offshore Wind Energy market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Offshore Wind Energy industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K sqm), revenue generated, and market share of different by Type (e.g., Upto 1 MW, 1-3 MW).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Offshore Wind Energy market.

Regional Analysis: The report involves examining the Offshore Wind Energy market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Offshore Wind Energy market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Offshore Wind Energy:

Company Analysis: Report covers individual Offshore Wind Energy manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Offshore Wind Energy This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Shallow Water, Deep Water).

Technology Analysis: Report covers specific technologies relevant to Offshore Wind Energy. It assesses the current state, advancements, and potential future developments in Offshore Wind Energy areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Offshore Wind Energy market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Offshore Wind Energy market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Upto 1 MW
1-3 MW
3-5 MW
5 MW and Above

Market segment by Application
Shallow Water
Deep Water

Major players covered
Siemens
MHI Vestas
ABB
General Electric
EEW Group
A2Sea
Nexans
Adwen Offshore
Equinor
Orsted
Senvion
Sinovel
Petrofac
Vestas Wind Systems
Goldwind Science and Technology
Gamesa Corporacion Technologica
Dong Energy
Suzlon
Nordex
China Ming Yang Wind Power
Alstom Energy
Areva Wind
Clipper Wind Power
Doosan Heavy Industries
Construction

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Offshore Wind Energy product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Offshore Wind Energy, with price, sales, revenue and global market share of Offshore Wind Energy from 2019 to 2024.

Chapter 3, the Offshore Wind Energy competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Offshore Wind Energy breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Offshore Wind Energy market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Offshore Wind Energy.

Chapter 14 and 15, to describe Offshore Wind Energy sales channel, distributors, customers, research findings and conclusion.