Press release
Offshore Wind Power Market - Growth, Trends, Covid-19 Impact, And Forecasts (2021 - 2027)
The Global Offshore Wind Power Market 2021 by Regions, Type, and Application, forecast to 2027 research report is a comprehensive, methodical, and all-encompassing examination of the industry. The study's goal is to help key vendors, organisations, and end-users in the industry better grasp the benefits and complete features of market segments. It examines market dynamics and gives an overview to aid in the definition, categorization, and statistical analysis of markets. The present condition of the worldwide Offshore Wind Power market, as well as its future prospects.In accordance with the Offshore Wind Power market is set to grow at a CAGR of 12.7% over the forecast period (2021-2027).
The report's authors used a unique and industry-leading research and analysis technique to conduct an in-depth analysis of the worldwide Offshore Wind Power market. From 2021 through 2027, this study anticipates demand, trends, and revenue growth at regional and country levels, as well as an examination of industry trends in each of the sub-segments.
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In the worldwide market, there are a number of important and rising Offshore Wind Power market Key players:
Siemens, MHI Vestas, Senvion, Orano, BARD, Siemens(Gamesa), Hitachi, Sinovel, Shanghai Electric, Envision, Goldwind
Recent Developments
In May 2021, Siemens Gamesa has been confirmed as a preferred supplier for full 1,044 MW Hai Long offshore (in Taiwan) wind projects.
In May 2020, Siemens Gamesa launched SG 14-222 DD offshore wind turbine with nameplate capacity of 14 MW which can reach 15 MW with Power Boost. Its 222-meter rotor diameter uses massive 108-meter long B108 blades.
In October 2020, MHI Vestas Offshore Wind has been selected as the preferred wind turbine supplier for the EolMed floating project and contracted to supply three V164-10.0 MW turbines.
In October 2020, Goldwind launched GW1S turbine which is highly efficient compared to previous models.
Market segment by Type, covers:
Commercial
Demostration
The application covered in the report include:
Monopiles
Gravity
Jacket
Tripods
Tripiles
Floating
Market Overview:
The Global offshore wind Power market is expected to grow from an estimated USD 31.8 billion in 2021 to USD 56.8 billion by 2027, at a CAGR during the forecast period. Offshore wind turbines are increasingly being installed and is showing robust growth.
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Europe has developed market for offshore wind Power which is further growing due to strong policies and political will
Europe accounted for the largest share of the offshore wind Power market amongst all regions in 2020. The European market is further segmented into UK, Germany, Denmark, Belgium, Netherlands, Sweden, Finland, Ireland, and Rest of Europe. The European region is home to several major offshore wind companies such as Siemens (Germany), Nordex SE(Germany), Vestas (Denmark), ABB (Switzerland) and many more. European region has been a pioneer in offshore wind technology and offshore wind farm development.
Regional Outlook:
This research report focuses on Offshore Wind Power market volume and value at regional Opportunity and company Trends From a global perspective, this report Study represents overall market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: Americas, Europe, Asia-Pacific, Middle East & Africa and ROW.
Europe would enjoy the second spot where several factors like automation and better technical inclusion and Scope. The Asia Pacific region has better prospect in growing with a high CAGR in the coming years as the regional market would witness several changes in the infrastructure.
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Table of Contents: Offshore Wind Power Market
Chapter 1: Global Offshore Wind Power Market Overview
Chapter 2: Economic Impact on Industry
Chapter 3: Offshore Wind PowerMarket Competition by Manufacturers
Chapter 4: Production, Revenue (Value) by Region
Chapter 5: Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: Offshore Wind Power Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Offshore Wind Power Market Effect Factors Analysis
Chapter 12: Research Conclusions of Global Offshore Wind Power Market
Impact of COVID-19:
The COVID-19 epidemic has impacted markets and customer behaviour in a short period of time, and it is having a significant influence on economies and society. With offices, educational institutions, and manufacturing facilities closed indefinitely, big sports and events postponed, and work-from-home and social distance rules in place, businesses are increasingly seeking technology to assist them to get through these trying times. The COVID-19 epidemic is wreaking havoc on companies all around the world.
Report Customization:
The Global Offshore Wind Power Market report may be modified to meet your specific business needs. Because we understand what our clients want, we provide 25% customization for any of our MID reports at no additional cost to all of our clients.
About Us:
Market intelligence data is a global front-runner in the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.
Contact Us:
Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA
Phone: +1 (704) 266-3234
Mail to: sales@marketintelligencedata.com
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