Home / Market Research / Global Offshore Wind Energy Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 To 2025

Global Offshore Wind Energy Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 To 2025

Published: Dec 2017 | Published By: Acute Market Research

Offshore Wind Energy Market- Growth, Future Prospects and Competitive Analysis, 2017 – 2025, the offshore wind energy market volume is expected to reach to 49,931.6 MW by 2025

Market Insights
Offshore wind energy (offshore wind power) is the conversion of wind’s kinetic energy into electrical energy. Uniform and high speeds of wind can be harnessed in offshore environment since it accounts to nil obstruction to wind force. Multiple windmills together constitute to a wind farm. These farms are constructed in the water bodies usually oceans to harvest the energy of wind and convert it into electrical energy.

The offshore wind installations reduces the impact on real estate as in onshore installations. Moreover, wind speed is uniform and consistent in offshore installations, which increases the efficiency of electricity generation. Thus, the offshore wind energy is highly attractive and more promising in terms of power generation and grid connections.
Some of the restraining factors of offshore wind installations are wind turbines are exposed to high humidity and salt contents, which affects service life of components due to corrosion, oxidation and increased repair and maintenance costs. In general, the offshore installation costs are much higher than onshore. The repair maintenance and overhauling operations are also high cost and time consuming as it requires expensive marine operations involvement and are comparatively dangerous. The offshore wind farms operate at high speeds compared to onshore wind farms, hence offshore turbines are more susceptible to high rate of wear and tear, maintenance and repair of moving parts.

In the early 2017, Denmark has come up with new recycling process of offshore wind turbine blades, made up of fiberglass. When the wind turbine is de-commissioned, the blades may fall off to the landfill area where it may take many years to decompose. The blades can now be recycled and applied as sound barriers of vehicular traffic along major roads.

The key players, developers, suppliers and service providers are Siemens-Gamesa, MHI Vestas Wind Systems A/S, DONG Energy, VattenFall, E.on, GE Wind, Sinovel Wind Group Co. Ltd., Nordex S.E, China Ming Yang Wind Power Group Ltd, Alstom, Senvion Ltd., Clipper Wind power, and DOOSAN Heavy Industry & Construction.

Key Trends:
• Rising investor confidence in the offshore wind energy market. More financial institutions and Governmental agencies actively investing in the market for development of offshore wind farms.
• Deployment of 8MW and above wind turbine in European and Chinese farms and its introduction in the respective countries for proposed offshore wind power projects

Chapter 1. Preface
1.1. Report Scope and Description
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Top Down & Bottom Up Approach
1.3.3.1 Top-Down Approach
1.3.3.2 Bottom-Up Approach
1.3.4. Phase III – Expert Panel Review
1.3.5. Assumptions
1.4. Global Offshore Wind Energy Market: Market Segmentation

Chapter 2. Executive Summary
2.1. Market Snapshot: Global Offshore Wind Energy
2.1.1. Global Offshore Wind Energy Market Volume (MW) and Value (US$ Bn), By Foundation Type, 2016
2.1.2. Global Offshore Wind Energy Market Volume (MW) and Value (US$ Bn), by Water Depth, 2016
2.1.3. Global Offshore Wind Energy Market Volume (MW) and Value (US$ Bn), by Geography, 2016
2.1.4. Offshore Wind Energy Generation Cost Reduction
2.1.4.1. Installation Cost Reduction
2.1.4.2. Electricity Generation Cost Reduction

Chapter 3. Offshore Wind Energy Market: Market Dynamics and Future Outlook
3.1. Market Overview
3.2. Drivers
3.2.1. High Advantages of Offshore Wind Power Generation Over Onshore
3.3. Challenges
3.3.1. High CAPEX in Setting-up of New Wind Farms
3.4. Opportunities
3.4.1. New Offshore Projects in Europe and Asia Pacific Regions to Boost Overall Cumulative Capacity Addition
3.5. Attractive Investment Proposition, by Geography, 2016
3.6. Competitive Analysis: Market Positioning of Key Market Players, 2016

Chapter 4. Global Offshore Wind Energy Market, by Foundation Type, 2015 – 2025 (MW, US$ Bn)
4.1. Overview
4.1.1. Global Offshore Wind Energy Value Share, by Foundation Type, 2016 & 2025 (Value, %)
4.2. Monopile
4.3. Jacket
4.4. Tripod
4.5. Floating

Chapter 5. Global Offshore Wind Energy Market, by Water Depth, 2015 – 2025 (MW, US$ Bn)
5.1. Overview
5.1.1. Global Offshore Wind Energy Value Share, by Water Depth, 2016 & 2025 (Value, %)
5.2. Shallow Water (Up to 29m deep)
5.3. Transient Water (30-60m deep)
5.4. Deep Water (Above 60m deep)

Chapter 6. Global Offshore Wind Energy Market, by Geography, 2015 – 2025 (MW, US$ Bn)
6.1. Overview
6.1.1. Global Offshore Wind Energy Market Share Analysis, by Geography, 2016 vs. 2025 (Value, %)
6.1.2. Global Offshore Wind Energy Market, by Country, 2015-2025 (US$ Bn)
6.2. North America Offshore Wind Energy Market Analysis, 2015 – 2025
6.2.1. North America Offshore Wind Energy Market, By Foundation Type, 2015 – 2025 (MW, US$ Bn)
6.2.2. North America Offshore Wind Energy Market, by Water Depth, 2015 – 2025 (MW, US$ Bn)
6.2.3. North America Offshore Wind Energy Market, by Country, 2015 – 2025 (MW, US$ Bn)
6.2.3.1. U.S.
6.2.3.2. Canada
6.3. Europe Offshore Wind Energy Market Analysis, 2015 – 2025
6.3.1. Europe Offshore Wind Energy Market, By Foundation Type, 2015 – 2025 (MW, US$ Bn)
6.3.2. Europe Offshore Wind Energy Market, by Water Depth, 2015 – 2025 (MW, US$ Bn)
6.3.3. Europe Offshore Wind Energy Market, by Country, 2015 – 2025 (MW, US$ Bn)
6.3.3.1. Germany
6.3.3.2. U.K.
6.3.3.3. Denmark
6.3.3.4. Belgium
6.3.3.5. Netherlands
6.3.3.6. Sweden
6.3.3.7. Rest of Europe
6.4. Asia Pacific Offshore Wind Energy Market Analysis, 2015 – 2025
6.4.1. Asia Pacific Offshore Wind Energy Market, By Foundation Type, 2015 – 2025 (MW, US$ Bn)
6.4.2. Asia Pacific Offshore Wind Energy Market, by Water Depth, 2015 – 2025 (MW, US$ Bn)
6.4.3. Asia Pacific Offshore Wind Energy Market, by Country, 2015 – 2025 (MW, US$ Bn)
6.4.3.1. China
6.4.3.2. Japan
6.4.3.3. South Korea
6.4.3.4. Rest of APAC
6.5. Rest of the World Offshore Wind Energy Market Analysis, 2015 – 2025
6.5.1. RoW Offshore Wind Energy Market, By Foundation Type, 2015 – 2025 (MW, US$ Bn)
6.5.2. RoW Offshore Wind Energy Market, by Water Depth, 2015 – 2025 (MW, US$ Bn)

Chapter 7. Company Profiles
7.1. Siemens-Gamesa
7.1.1. Business Description
7.1.2. Financial Information (Subject to data availability)
7.1.3. Product Portfolio
7.1.4. Key Developments
7.2. MHI-Vestas
7.3. DONG Energy.
7.4. Vattenfall
7.5. E.on
7.6. GE Wind
7.7. Sinovel Wind Group Co. Ltd.
7.8. Nordex S.E
7.9. China Ming Yang Wind Power Group Ltd.
7.10. Alstom
7.11. Senvion Ltd.
7.12. Clipper Wind Power
7.13. DOOSAN Heavy Industry & Construction
7.14. National Liner LLC

TABLE 1 Global Offshore Wind Energy Market, Market Snapshot (2016)
TABLE 2 Global Offshore Wind Energy Market, by Repair Technologies, 2015 – 2025 (MW, US$ Bn)
TABLE 3 Global Offshore Wind Energy Market, by Water Depth, 2015 – 2025 (MW, US$ Bn)
TABLE 4 Global Offshore Wind Energy Market, by Region, 2015 – 2025 (MW, US$ Bn)
TABLE 5 North America Offshore Wind Energy Market, by Foundation Type, 2015 – 2025 (MW, US$ Bn)
TABLE 6 North America Offshore Wind Energy Market, by Water Depth, 2015 – 2025 (MW, US$ Bn)
TABLE 7 North America Offshore Wind Energy Market, by Country, 2015 – 2025 (MW, US$ Bn)
TABLE 8 Europe Offshore Wind Energy Market, by Foundation Type, 2015 – 2025 (MW, US$ Bn)
TABLE 9 Europe Offshore Wind Energy Market, by Water Depth, 2015 – 2025 (MW, US$ Bn)
TABLE 10 Europe Offshore Wind Energy Market, by Country, 2015 – 2025 (MW, US$ Bn)
TABLE 11 Asia Pacific Offshore Wind Energy Market, by Foundation Type, 2015 – 2025 (MW, US$ Bn)
TABLE 12 Asia Pacific Offshore Wind Energy Market, by Water Depth, 2015 – 2025 (MW, US$ Bn)
TABLE 13 Asia Pacific Offshore Wind Energy Market, by Country, 2015 – 2025 (MW, US$ Bn)
TABLE 14 RoW Offshore Wind Energy Market, by Foundation Type, 2015 – 2025 (MW, US$ Bn)
TABLE 15 RoW Offshore Wind Energy Market, by Water Depth, 2015 – 2025 (MW, US$ Bn)
TABLE 16 RoW Offshore Wind Energy Market, by Country, 2015 – 2025 (MW, US$ Bn)
TABLE 17 Middle East and Africa Offshore Wind Energy Market, by Foundation Type, 2015 – 2025 (MW, US$ Bn)
TABLE 18 Middle East and Africa Offshore Wind Energy Market, by Water Depth, 2015 – 2025 (MW, US$ Bn)
TABLE 19 Middle East and Africa Offshore Wind Energy Market, by Region, 2015 – 2025 (MW, US$ Bn)
TABLE 20 Siemens-Gamesa: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 21 MHI-Vestas: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 22 DONG Energy: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 23 Vattenfall: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 24 E.on: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 25 GE Wind: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 26 Sinovel Wind Group Co. Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 27Nordex S.E: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 28 China Ming Yang Wind Power Ltd..: (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 29 Alstom: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 30 Senvion Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 31 Clipper Wind Power Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 32 DOOSAN Heavy Industry & Construction.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 33 National Liner LLC.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)

FIG. 1 Offshore Wind Energy: Market Segmentation
FIG. 2 Global Offshore Wind Energy Market Volume (MW) and Value (US$ Bn), by Foundation Type, 2016
FIG. 3 Global Offshore Wind Energy Market Volume (MW) and Value (US$ Bn), by Water Depth, 2016
FIG. 4 Global Offshore Wind Energy Market Volume (MW) and Value (US$ Bn), by Geography, 2016
FIG. 5 Attractive Investment Proposition, by Geography, 2016
FIG. 6 Global Offshore Wind Energy Market, 2015 – 2025 (MW, US$ Bn)
FIG. 7 Global Offshore Wind Energy, by Jacket Market, 2015 – 2025 (MW, US$ Bn)
FIG. 8 Global Offshore Wind Energy, by Tripod Market, 2015 – 2025 (MW, US$ Bn)
FIG. 9 Global Offshore Wind Energy, by Floating Market, 2015 – 2025 (MW, US$ Bn)
FIG. 10 Global Offshore Wind Energy Market, by Water Depth, 2015 – 2025 (MW, US$ Bn)
FIG. 11 Global Offshore Wind Energy Shallow Water (Up to 29m deep) Market, 2015 – 2025 (MW, US$ Bn)
FIG. 12 Global Offshore Wind Energy Transient Water (30-60m deep) Market, 2015 – 2025 (MW, US$ Bn)
FIG. 13 Global Offshore Wind Energy Deep Water (Above 60m deep) Market, 2015 – 2025 (MW, US$ Bn)
FIG. 14 North America Offshore Wind Energy by Water Depth Market, 2015 – 2025 (MW, US$ Bn)
FIG. 15 North America Offshore Wind Energy by Repair Technologies Market, 2015 – 2025 (MW, US$ Bn)
FIG. 16 U.S. Offshore Wind Energy Market, 2015 – 2025 (MW, US$ Bn)
FIG. 17 Canada Offshore Wind Energy Market, 2015 – 2025 (MW, US$ Bn)
FIG. 18 Europe Offshore Wind Energy by Repair Technologies Market, 2015 – 2025 (MW, US$ Bn)
FIG. 19 Europe Offshore Wind Energy by Water Depth Market, 2015 – 2025 (MW, US$ Bn)
FIG. 20 Germany Offshore Wind Energy Market, 2015 – 2025 (MW, US$ Bn)
FIG. 21 U.K. Countries Offshore Wind Energy Market, 2015 – 2025 (MW, US$ Bn)
FIG. 22 Denmark Countries Offshore Wind Energy Market, 2015 – 2025 (MW, US$ Bn)
FIG. 23 Belgium Countries Offshore Wind Energy Market, 2015 – 2025 (MW, US$ Bn)
FIG. 24 Netherlands Countries Offshore Wind Energy Market, 2015 – 2025 (MW, US$ Bn)
FIG. 25 Rest of Europe Offshore Wind Energy Market, 2015 – 2025 (MW, US$ Bn)
FIG. 26 Asia Pacific Offshore Wind Energy by Repair Technologies Market, 2015 – 2025 (MW, US$ Bn)
FIG. 27 Asia Pacific Offshore Wind Energy by Water Depth Market, 2015 – 2025 (MW, US$ Bn)
FIG. 28 China Offshore Wind Energy Market, 2015 – 2025 (MW, US$ Bn)
FIG. 29 Japan Offshore Wind Energy Market, 2015 – 2025 (MW, US$ Bn)
FIG. 30 South Korea Offshore Wind Energy Market, 2015 – 2025 (MW, US$ Bn)
FIG. 31 Rest of Asia Pacific Offshore Wind Energy Market, 2015 – 2025 (MW, US$ Bn)
FIG. 32 RoW Offshore Wind Energy by Foundation Type Market, 2015 – 2025 (MW, US$ Bn)
FIG. 33 RoW Offshore Wind Energy by Water Depth Market, 2015 – 2025 (MW, US$ Bn)

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