Press release
Global Wind Turbine Installation Vessel Market 2018 Competitive Major Vendors - Geosea, Van Oord, Jack-Up Barge, SEAFOX
This industry study presents the global Wind Turbine Installation Vessel market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Wind Turbine Installation Vessel production, revenue and market share by manufacturers, key regions and type;
The consumption of Wind Turbine Installation Vessel in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders A2SEA, MPI-Offshore, etc.
Self-propelled jack-up vessel is a vessel specifically designed for the installation of offshore wind turbines. Similar to a jack-up rig it is self-elevating. To enable quick relocation in the wind farm it is self-propelled. It also has a slender ship shaped hull to achieve a quick turnaround time with the vessel carrying several foundations or wind turbines each time. Azimuth thrusters are used to position the vessel during jack-up operations.
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Besides self-propelled jack-up vessel, heavy lift vessel and other jack-up vessel which is used in wind turbine installation is also discussed as offshore wind turbine installation vessels. And in this report, we focus on the service market which is the most important part of the global offshore wind turbine installation vessel market.
Driven by the increasing demand of constructing offshore wind farm with higher requirements on capacity and efficiency, the demand of specially designed vessel is facing a sudden increase. But in root, offshore wind turbine installation vessel is not a common used equipment; the fleet size will never be enough large for every ship builder to have chance to achieve an order. The market competition of ship building is quite fierce worldwide currently; for the building of offshore wind turbine installation vessel, the competition is surely forecasted to be fierce.
According to report from annual report of some offshore wind farm runners, the logistics-related cost amount to roughly 19% of total CAPEX (Capital Expenditures). Though the cost for installation of a turbine is reducing by years, the total turbine installation cost is also much higher than cost of most other kinds of marine installation.
Currently, the profit of running of offshore wind turbine installation vessel is not that high, affected by the relatively low utilization rate of fleet. But it is still a fact that the profit is relatively higher than other marine projects.
The advantages or benefits of wind power, is unnecessary to mention again. And we think that nobody would doubt there is vast market for wind power. The game of offshore wind power is just at the beginning, as well as the good days for offshore wind turbine installation vessel runners.
The following manufacturers are covered in this report:
A2SEA
MPI-Offshore
Seajacks
Fred. Olsen Windcarrier
Geosea
Van Oord
Jack-Up Barge
SEAFOX
Swire Blue Ocean
Gaoh Offshore
NO.3 Engineering
Longyuan Power
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Wind Turbine Installation Vessel Breakdown Data by Type
Self-propelled Jack-up Vessel
Normal Jack-up Vessel
Heavy Lift Vessel
Wind Turbine Installation Vessel Breakdown Data by Application
Offshore
Others
The study objectives are:
To analyze and research the global Wind Turbine Installation Vessel status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Wind Turbine Installation Vessel manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
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