Press release
Offshore Wind Energy Market Size Worth USD 106.10 Billion by 2027
Technological advancements of offshore wind energy projects, rapid industrialization & urbanization, and the rising demand for electricity in the developing economies are driving the demand of the marketMarket Size - USD 36.20 billion in 2019, Market Growth - CAGR of 15.2%, Market Trends - Decreasing Offshore auction prices
The Global offshore wind energy Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The Global offshore wind energy Market studies the market scenario to offer growth projections for the offshore wind energy industry for the forecast period of 2020-2027. The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline. The report pays special heed to the emerging business components, niche sectors, and product launches and brand promotions occurring in the market to help the readers make fruitful investment strategies.
The report studies the impact of the COVID-19 pandemic on the offshore wind energy market and its crucial segments. The supply chain disruptions and economic instability have negatively impacted the growth of the market in several key regions. The report offers an in-depth analysis of the market size, market share, and market growth and its estimation through the forecast years on the basis of the COVID-19 crisis. The report examines the recent COVID-19 crisis and its impact on the global market. The report explores the present and future impact of the pandemic and provides an insight into the post-pandemic market scenario.
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Key Benefits of the Report:
Comprehensive analysis of the competitive scenario and its changing dynamics
Analytical data with detailed SWOT analysis and Porter's Five Forces analysis
In-depth 8-year analysis of the Global offshore wind energy Market
Critical understanding of the key market segments
Comprehensive analysis of the drivers, restraints, trends, and opportunities
Detailed regional analysis and extensive company profiling
Extensive assessment of current and emerging trends of the market
Key companies profiled in the report include:
Vestas, General Electric Company, Adwen, Doosan Heavy Industries and Construction Co., Ltd, Siemens Gamesa Renewable Energy, S.A., Senvion SA, Sinovel Wind Group Co., ABB, Ltd., Nexans S.A., and Nordex SE, among others.
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The report further covers comprehensive SWOT analysis and Porter's Five Forces analysis to offer a complete understanding of the competitive landscape and scenario of each market player. The report also provides an in-depth analysis of the applications and product types offered in the market.
Emergen Research has segmented the global Offshore Wind Energy Market on the basis of Installation, Location, Component:
Installation Outlook (Revenue, USD Billion; 2017-2027)
Floating structure
Fixed Structure
Location Outlook (Revenue, USD Billion; 2017-2027)
Shallow Water (60m Depth)
Component Outlook (Revenue, USD Billion; 2017-2027)
Substructure
Turbine
Electrical Infrastructure
Others
Regional Analysis:
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
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Key Questions Addressed in the Report:
Who are the leading players in the offshore wind energy industry?
Which region is expected to dominate the market in the coming years?
What are the key applications of offshore wind energy?
Which segment is expected to garner traction during the coming years?
What are the key strategies adopted by leading players in the market?
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