Press release
Emerging Offshore Wind Energy Market (2022 - 2030) Estimated to be Worth USD 89.76 Billion by 2030
According to the research report, the global offshore wind energy market was valued at USD 33.52 billion in 2021 and is expected to reach USD 89.76 Billion by 2030, growing at a CAGR of 12.1% during the forecast period.Offshore wind energy is acquired by capitalizing on the power of wind at sea, where the wind extends to a higher speed and is more persistent as there are no obstacles. To make most of the resources, megastructures are established that are positioned on the sea bed and furnished with the latest innovations that are technical.
As this is a kind of renewable energy, there are several benefits as it is inexhaustible and does not contaminate. It is an energy source that assembles low greenhouse gas emissions, which are the prominent wrongdoers accountable for global warming. Onshore facilities produce twice the power due to wind blowing more at sea than on dry land. Also, these powers have a less visual impact and are less noisy, which indicates that their installed capacity can be far higher on the land extending to hundreds of megawatts.
Request Sample Copy of Research Report @ https://www.polarismarketresearch.com/industry-analysis/offshore-wind-energy-market/request-for-sample
(The sample of this report is readily available on request. The report sample contains a brief introduction to the research report, a Table of Contents, a Graphical introduction of regional analysis, Top players in the market with their revenue analysis, and our research methodology.)
Growing inclination towards green energy to drive the offshore wind energy market
There has been a palpable shift in the energy sector towards renewable and green energy because of factors like the requirement to reduce carbon emissions, fossil fuel consumption, and climatic change. Several government policies are situated to reinforce the initiative towards energy that is greener. Several multinational companies are undertaking inventiveness to slash down carbon footprint to bestow a greener planet and tenability.
Europe to lead the offshore wind energy market due to the promotion of power generation
Europe accounted for the largest offshore wind market share among all regions in 2020. The European region has been a trailblazer in offshore wind technology and offshore wind farm advancement. The advancement of offshore wind energy is underpinned by the European wind initiative, a wind energy R&D program expanded to put the wind industry to the next step in Europe. The countries in the EU are essentially concentrating on refining their maturing electrical infrastructure, and governments of these countries are encouraging power generation through sources of renewable energy. They build networks from age to end-users to permit efficient power and energy trading.
Directly Purchase a copy of the report with TOC @ https://www.polarismarketresearch.com/checkouts/12671
The turbine segment is the biggest benefactor in the offshore wind market
The turbine segment is responsible for the largest share because the turbines are placed on the towers and are accountable for exploiting the wind energy to make power.
The shallow water segment is the most significant contributor to the offshore wind market
The shallow water segment is considered the most significant share due to the existence of less challenging weather and simplicity of sustenance, making this segment the proposed choice for the advancement of the offshore wind farm.
Request for Discount on this Report Before Purchase @ https://www.polarismarketresearch.com/industry-analysis/offshore-wind-energy-market/request-for-discount-pricing
Covid-19 impact
Covid-19 has retarded the growth of the offshore wind market as countries were compelled to administer lockdowns during the first half of 2020. Local authorities and governments furnished stringent norms, and all insignificant functioning was stopped. These norms harmed the offshore wind market due to less concentration of offshore wind market development.
Browse detail report with in-depth TOC @ https://www.polarismarketresearch.com/industry-analysis/offshore-wind-energy-market
Recent developments
• In May 2021, GE renewable energy declared that it had concluded the turbine supply and service and warranty commitments for the third and the final phases of the Dogger Bank offshore wind parks.
• In May 2021, Seimens Gamesa was committed as a favored supplier for the entire 1,044 MW Hai long offshore (in Taiwan) wind projects.
Conclusion:
The growing number of initiatives by the government and companies to cut downing carbon emissions is the prominent driving factor for the industry growth. The increasing concern regarding the environment is the surging demand for offshore renewable power.
Contact Us:
Polaris Market Research
30 Wall Street
8th Floor,
New York City, NY 10005,
United States
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
Ph: +1-929 297-9727
About Us:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semiconductors, chemicals, automotive, and aerospace & defense, among different ventures, present globally.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Emerging Offshore Wind Energy Market (2022 - 2030) Estimated to be Worth USD 89.76 Billion by 2030 here
News-ID: 2648949 • Views: …
More Releases from Polaris Market Research & Consulting

Granite Market Projected to Reach USD 6.63 Billion by 2034, Growing at a CAGR of …
Polaris Market Research has released new insights into the Granite market, highlighting key developments, evolving trends, and growth prospects across major regions and segments. The report delivers an in-depth analysis of market dynamics, competitive shifts, and strategic outlooks to support informed decision-making for businesses and investors.
Market at a Glance
In 2024, the market was valued at USD 3.99 billion and is anticipated to grow to USD 6.63 Billion by 2034. It…

Molecular Diagnostics for Sexually Transmitted Diseases Market to Reach USD 7.85 …
Polaris Market Research announces the release of its latest study on the Molecular Diagnostics For Sexually Transmitted Diseases market. It offers comprehensive insights into all the key market aspects, including industry trends, market dynamics, competitive landscape, and strategic developments. The report is designed to help stakeholders make strategic decisions in the rapidly evolving market landscape.
According to the findings, the market stood at 3.82 billion in 2024 and is expected to…

Higher Alpha Olefins Market Projected to Hit USD 20.01 Billion by 2034, Expandin …
Polaris Market Research announces the release of its latest study on the Higher Alpha Olefins market. It offers comprehensive insights into all the key market aspects, including industry trends, market dynamics, competitive landscape, and strategic developments. The report is designed to help stakeholders make strategic decisions in the rapidly evolving market landscape.
According to the findings, the market stood at 10.39 billion in 2024 and is expected to reach 20.01 billion…

Direct Oral Anticoagulants (DOACs) Device Market to Reach USD 64.83 Billion by 2 …
Polaris Market Research announces the release of its latest study on the Direct Oral Anticoagulants (DOACs) Device market. It offers comprehensive insights into all the key market aspects, including industry trends, market dynamics, competitive landscape, and strategic developments. The report is designed to help stakeholders make strategic decisions in the rapidly evolving market landscape.
According to the findings, the market stood at 31.67 billion in 2024 and is expected to reach…
More Releases for Europe
2019 Strategy Consulting Market Analysis | McKinsey, The Boston Consulting Group …
Strategy Consulting Market reports also offer important insights which help the industry experts, product managers, CEOs, and business executives to draft their policies on various parameters including expansion, acquisition, and new product launch as well as analyzing and understanding the market trends
Need for strategic planning in highly competitive environment and to develop business capabilities to meet & exceed the emerging requirements are the major drivers which help in surging…
Strategy Consulting Market 2025 | Analysis By Top Key Players: Booz & Co. , Rola …
Global Strategy Consulting Market 2019-2025, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The key players covered in this study
McKinsey , The Boston Consulting Group , Bain & Company , Booz & Co. , Roland Berger Europe…
Digital Strategy Consulting Market is Thriving Worldwide with Deloitte, McKinsey …
A Digital Strategy is a form of strategic management and a business answer or response to a digital question, often best addressed as part of an overall business strategy. A digital strategy is often characterized by the application of new technologies to existing business activity and focus on the enablement of new digital capabilities to their business.
A new report as a Digital Strategy Consulting market that includes a comprehensive analysis…
Strategy Consulting Market 2019: By McKinsey, The Boston Consulting Group, Bain …
This report studies the global Strategy Consulting market, analyzes and researches the Strategy Consulting development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
• McKinsey
• The Boston Consulting Group
• Bain & Company
• Booz & Co.
• Roland Berger Europe
• Oliver Wyman Europe
• A.T. Kearney Europe
• Deloitte
• Accenture Europe
Get Sample Report@ https://www.reporthive.com/enquiry.php?id=1247388&req_type=smpl&utm_source=AB
Market segment by Type, the product can be split into
• Operations Consultants
• Business Strategy Consultants
• Investment Consultants
• Sales and…
Strategy Consulting Market Analysis 2018: McKinsey, The Boston Consulting Group, …
Orbis Research Present’s “Global Strategy Consulting Market” magnify the decision making potentiality and helps to create an effective counter strategies to gain competitive advantage.
The global Strategy Consulting status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Strategy Consulting development in United States, Europe and China.
In 2017, the global Strategy Consulting market size was million US$ and it is expected to reach million…
Influenza Vaccination Market Global Forecast 2018-25 Estimated with Top Key Play …
UpMarketResearch published an exclusive report on “Influenza Vaccination market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 115 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Influenza Vaccination market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This…