Global Offshore Wind Tower Market Growth 2023-2029

Global Offshore Wind Tower Market Growth 2023-2029

The global Offshore Wind Tower market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Offshore Wind Tower is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Offshore Wind Tower is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Offshore Wind Tower is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Offshore Wind Tower players cover Prysmian Group, Nexans, Sumitomo Electric Industries, Ltd., Southwire Company, LLC, LS Cable & System, Furukawa Electric Co. Ltd., IMPSA, Enessere Srl, MHI Vestas, GE and Goldwind, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

An offshore wind tower is a structure used to build wind turbines offshore. It usually consists of multiple parts, including foundation, tower and nacelle. A foundation is a structure fixed to the seabed that supports the entire wind turbine. The tower is the structure that extends upward from the foundation to support the nacelle and the turbine. The nacelle is the structure mounted on top of the tower and contains the turbines and other equipment necessary to convert wind energy into electricity.

Offshore wind power towers are wind turbines built in deep waters. They can get more consistent and stronger wind energy than onshore wind turbines and therefore generate more electricity. In addition, Offshore Wind Tower can avoid environmental and visual pollution on land and can better meet energy needs.

LPI (LP Information)' newest research report, the “Offshore Wind Tower Industry Forecast” looks at past sales and reviews total world Offshore Wind Tower sales in 2022, providing a comprehensive analysis by region and market sector of projected Offshore Wind Tower sales for 2023 through 2029. With Offshore Wind Tower sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Offshore Wind Tower industry.

This Insight Report provides a comprehensive analysis of the global Offshore Wind Tower 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 Offshore Wind Tower portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Offshore Wind Tower market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Offshore Wind Tower and breaks down the forecast by height, 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 Offshore Wind Tower.

This report presents a comprehensive overview, market shares, and growth opportunities of Offshore Wind Tower market by product height, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by height 0~30m 30~50m >50m

Segmentation by application
Energy Power
Architectural Landscape
Maritime Buoy
Others

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 analyzing the company's coverage, product portfolio, its market penetration.
Prysmian Group
Nexans
Sumitomo Electric Industries, Ltd.
Southwire Company, LLC
LS Cable & System
Furukawa Electric Co. Ltd.
IMPSA, Enessere Srl, MHI Vestas
GE
Goldwind
Siemens Gamesa Renewable Energy
Nordex SE
Suzlon Energy Limited
WEG SA, Global Energy Services
RTS Wind AG
Senvion GmbH
Envision Energy Limited
Ming Yang Wind Power Group Limited
United Power
Bergey Windpower
Enercon

Key Questions Addressed in this Report

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

What factors are driving Offshore Wind Tower market growth, globally and by region?

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

How do Offshore Wind Tower market opportunities vary by end market size?

How does Offshore Wind Tower break out height, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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