Global Monopile for Offshore Wind Power Market Growth 2025-2031

The global Monopile for Offshore Wind Power market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Monopile is the most advanced type of foundation for offshore wind turbine construction. Monopiles are steel pipes driven into the seabed. The transition piece, which carries the auxiliary steel members required for safe access and operation of the wind turbine, such as docks, ladders and platforms, is then connected to the monopile foundation. Monopiles are the most commonly used foundations for offshore wind turbines: they are considered the best value for money and are used in water depths of 50 to 60 metres.

According to the Global Wind Report 2023 released by the Global Wind Energy Council, by 2024, the newly installed capacity of global onshore wind power will exceed 100GW for the first time; by 2025, the newly installed capacity of global offshore wind power will also reach 25GW. In the next five years, the newly added grid-connected capacity of wind power will reach 680GW. The report also shows that the United States and Europe may experience a supply bottleneck of wind turbines and components in 2025. It recommends that national policymakers take immediate action to increase investment in supply chains to meet their rapid growth in demand and avoid supply chain bottlenecks hindering the development of wind power. In addition, according to Wood Mackenzie statistics, China is the largest and fastest-growing market for wind power generation in the world, accounting for more than half of the market share. Data from the National Energy Administration of China also shows that China"s installed wind power capacity ranks first in the world, with a capacity of nearly 400 million kilowatts.

LP Information, Inc. (LPI) ' newest research report, the “Monopile for Offshore Wind Power Industry Forecast” looks at past sales and reviews total world Monopile for Offshore Wind Power sales in 2024, providing a comprehensive analysis by region and market sector of projected Monopile for Offshore Wind Power sales for 2025 through 2031. With Monopile for Offshore Wind Power sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Monopile for Offshore Wind Power industry.

This Insight Report provides a comprehensive analysis of the global Monopile for Offshore Wind Power landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Monopile for Offshore Wind Power portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Monopile for Offshore Wind Power market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Monopile for Offshore Wind Power and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Monopile for Offshore Wind Power.

This report presents a comprehensive overview, market shares, and growth opportunities of Monopile for Offshore Wind Power market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Conventional Monopile: 5m-6m
XL Monopile: 6m-8m
XXL Monopile: 8m-11 meters
Giant Monopile: above 11m

Segmentation by Application:
Large Offshore Wind Power Plant
Small and Medium Offshore Wind Power Plant

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Sif Group
EEW Group
Bladt Industries
Jiangsu Rainbow Heavy Industries Co.,ltd.
Haili
Citic Heavy Industries Co.,Ltd.
Dajin Heavy Industry Corporation
SeAH Wind

Key Questions Addressed in this Report

What is the 10-year outlook for the global Monopile for Offshore Wind Power market?

What factors are driving Monopile for Offshore Wind Power market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Monopile for Offshore Wind Power market opportunities vary by end market size?

How does Monopile for Offshore Wind Power break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.