Offshore Wind Energy Market
Offshore Wind Energy Market - Global Industry Assessment & Forecast
Segments Covered
- By Component Turbines, Electrical Infrastructure, Substructure, Others
- By Location Shallow Water, Transitional Water, Deep Water
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 34.56 Billion |
Revenue 2030: | USD 82.55 Billion |
Revenue CAGR (2023 - 2030): | 11.50% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Europe |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Offshore Wind Energy Market by Component by Location by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Data Triangulation and Market Size Estimations
FAQ
Frequently Asked Question
What is the global demand for Offshore Wind Energy in terms of revenue?
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The global Offshore Wind Energy valued at USD 34.56 Billion in 2022 and is expected to reach USD 82.55 Billion in 2030 growing at a CAGR of 11.50%.
Which are the prominent players in the market?
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The prominent players in the market are General Electric (US), Vestas (Denmark), Siemens Gamesa (Spain), Goldwind (China), Shanghai Electric Wind Power Equipment Co. (China), ABB (Switzerland), Doosan Heavy Industries and Construction (South Korea), Hitachi (Japan), Nordex SE (Germany), EEW (Germany), Nexans (France), DEME (Belgium), Ming Yang Smart Energy Group Co (China), Envision (China), Rockwell Automation (US), Hyundai Motor Group (South Korea), Schneider Electric (France), Zhejiang Windey Co.(China), Taiyuan Heavy Industry Co. (China), Sinovel(China).
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 11.50% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Offshore Wind Energy include
- Increasing global investments in renewable energy are likely to drive offshore wind market
Which region accounted for the largest share in the market?
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Europe was the leading regional segment of the Offshore Wind Energy in 2022.