Offshore Wind Turbine Market Statistics, Facts and Figures, Growth Overview, Size, SWOT Analysis and Forecast to 2027 | key players: Doosan Heavy Industries & Construction,Envision Group,General Electric Company,Hitachi, Ltd.

Offshore wind turbines are used in wind farms construction, off the shore, or on the continental shelf to harvest wind energy for electricity generation. These include inshore water areas such as lakes, and sheltered coastal areas, which use conventional fixed bottom wind turbine technologies, and the deepwater regions use floating wind turbines. The increasing investment in the renewable energy sector is the primary factor propelling the growth of the offshore wind turbine market in the forecast period. Countries such as South Korea, China, and India have several new offshore projects in the prototype phase.

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key players:
- Doosan Heavy Industries & Construction
- Envision Group
- General Electric Company
- Hitachi, Ltd.
- NORDEX SE
- Senvion S.A.
- Siemens AG
- Sinovel Wind Group Co., Ltd.
- Vestas Wind Systems A/S
- Weg S.A.

The offshore wind turbine market is anticipated to grow in the forecast period owing to the increasing energy demand, coupled with the regulations on energy efficiency. However, heavy investments for the production and installation of offshore wind turbines is the major factor which may restrain the growth of the offshore wind turbine market during the forecast period. On the other hand, the increase in investment for the construction of new wind farms, refinancing operations, and project acquisitions offer lucrative opportunities for the offshore wind turbine market.

MARKET SEGMENTATION

The global offshore wind turbine market is segmented on the basis of capacity and application. Based on capacity, the market is segmented as Upto 1 MW, 1-3 MW, 3-5 MW, and 5 MW and above. On the basis of the application, the market is segmented as deep water and shallow water.

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What the report features:-

1. Global analysis of Offshore Wind Turbine Market from 2017 - 2027 illustrating the progression of the market.
2. Forecast and analysis of Offshore Wind Turbine Market by Dosage, Route of Administration and Application from 2017 - 2027.
3. Forecast and analysis of Offshore Wind Turbine Market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America.

Reason to Buy:

1. Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Offshore Wind Turbine Market.
2. Highlights key business priorities in order to assist companies to realign their business strategies.
3. The key findings and recommendations highlight crucial progressive industry trends in the Offshore Wind Turbine Market, thereby allowing players to develop effective long term strategies.
4. Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
5. Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
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