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Global Offshore Wind Energy Market Growth Devlopment And Future Prospect by 2028 | Top Players: Sinovel Wind Group Co. Ltd., Nordex SE, and Siemens Gamesa Renewable Energy, Ming Yang Smart Energy Group Ltd., Senvion

03-05-2020 07:32 PM CET | Energy & Environment

Press release from: QUINCE MARKET INSIGHTS

Offshore Wind Energy Market

Offshore Wind Energy Market

This detailed market study focuses on data from different primary and secondary sources and is analyzed using various tools. It helps to gain insights into the market's growth potential, which can help investors identify scope and opportunities. The analysis also provides details of each segment in the global offshore wind energy market.

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According to the report, offshore wind energy market growth is expected to gain high momentum during the forecast period due to increasing greenhouse emissions, environmental degradation, and climate change. Wind energy is generated by the use of wind, which rotates the turbine and generates mechanical energy, which is then converted into mechanical energy. High wind speeds are generated at sea and hence, the energy generated is higher as compared to onshore wind farms. However, installation and maintenance of offshore wind farms are costly and complex as compared to onshore wind farms.

Renewable energy sources and continuing to gain attention throughout the globe due to the non-sustainable nature of conventional fossil fuel, emission of greenhouse gases, and related environmental hazards. This is leading to growth in the offshore wind energy market.

Europe is expected to witness the highest growth during the forecast period, as most countries in Europe and the European Union are aiming to reduce greenhouse emissions by decreasing its dependence on fossil fuels.

Key Factors Impacting Market Growth:

o Increasing greenhouse emissions, environmental degradation, and climate change
o Stringent government regulations and growing environmental awareness
o High electricity generation per amount of capacity installed

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Regional segmentation and analysis to understand growth patterns:
The market has been segmented in major regions to understand the global development and demand patterns of this market.

Detailed information for markets like North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World is provided by the global outlook for offshore wind energy market. During the forecast period, North America and Western Europe are projected as main regions for shortwave infrared sector. As one of the developed regions, the energy & power sector is important for the operations of different industries in this area

This is one of the key factors regulating offshore wind energy market growth in those regions. Some of the major countries covered in this region include the USA, Germany, United Kingdom, France, Italy, Canada, etc.

During the forecast period Asia Pacific is expected to be one of the fastest growing regions for the offshore wind energy market. Some of the fastest-growing economies and increasing energy & power demand to cater for high population & industries are expected to drive demand in this area. During the forecast period, China and India are expected to record large demand. During the forecast period, the Middle East which includes the UAE, Saudi Arabia, Iran, Qatar and others promises high market potential. In terms of market demand during the forecast period, the rest of the world including South America and Africa are developing regions.

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This report provides:

1) An overview of the global market for offshore wind energy market and related technologies.
2) Analysis of global market trends, yearly estimates and annual growth rate projections for compounds (CAGRs).
3) Identification of new market opportunities and targeted consumer marketing strategies for global offshore wind energy market.
4) Analysis of R&D and demand for new technologies and new applications
5) Extensive company profiles of key players in industry.

The researchers have studied the market in depth and have developed important segments such as product type, application and region. Each and every segment and its sub-segments are analyzed based on their market share, growth prospects and CAGR. Each market segment offers in-depth, both qualitative and quantitative information on market outlook.

With an emphasis on both organic and inorganic growth strategies there have been several primary developments done by major companies includes, Erndtebr?cker Eisenwerk Gmbh & Co., MHI-Vestas, Ming Yang Smart Energy Group Ltd., Senvion S.A., General Electric, Goldwin Science & Technology Co. Ltd., Sinovel Wind Group Co. Ltd., Nordex SE, and Siemens Gamesa Renewable Energy

Market Segmentation:

By Component:
o Turbine
o 2MW
o Installation
o Horizontal Axis
o Vertical Axis
o Structure
o Nacelle Module
o Rotor Module
o Tower Module
o Support Structure
o Substructure
o Foundation
Monopile
Jacket
o Electrical Foundation
o Wires & Cables
o Substation

By Location:
o Shallow Water
o Deep Water
o Transitional Water

By Depth:
o 0-30m
o 30m-50m
o >50m

By Region:

North America
o By Country (US, Canada, Mexico)
o By Component
o By Location
o By Depth

Eastern Europe:
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Component
o By Location
o By Depth

Western Europe:
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Component
o By Location
o By Depth

Middle East:
o By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
o By Component
o By Location
o By Depth

Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Component
o By Location
o By Depth

Rest of the World
o By Region (South America, Africa)
o By Component
o By Location
o By Depth

Reasons To Buy This Report:

o Market size estimation of the offshore wind energy market on a regional and global basis
o The unique research design for market size estimation and forecast
o Profiling of major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:
We provide customization of the study to meet specific requirements:
o By Segment
o By Sub-segment
o By Region/Country

Contact:

Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: APAC +91 706 672 4848 / US +1 208 405 2835 / UK +44 121 364 6144
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

ABOUT US:

QMI has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world's most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.

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