Global Offshore Wind Turbine Installation Vessel Market to Witness Exponential Growth by 2019-2025
The growth of offshore wind turbine installation vessel market is predicted to be promising in the forthcoming years. Worldwide, ever-expanding efforts to tap wind energy to convert into electrical and mechanical energy is serving to boost demand for offshore wind turbines. This, in turn fuels demand for installation vessel to place turbines. Furthermore, growth of shipbuilding industry is likely to fuel growth of offshore wind turbine installation market as well.
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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.
The global Offshore Wind Turbine Installation Vessel market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Offshore Wind Turbine Installation Vessel volume and value at global level, regional level and company level. From a global perspective, this report represents overall Offshore Wind Turbine Installation Vessel market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Samsung Heavy Industries
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Segment by Regions
Segment by Type
Segment by Application
Self-Propelled Jack-Up Vessel
Normal Jack-Up Vessel
Heavy Lift Vessel
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