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Offshore Wind Turbine Market: Key Players Need to Capitalize on Technological Advancements to Survive Intense Cost-competitiveness

08-14-2017 01:30 PM CET | Energy & Environment

Press release from: Orbis Research

Offshore Wind Turbine Market

Offshore Wind Turbine Market

Offshore wind power or wind energy is the use of offshore constructed wind farms, usually on the continental shelf, to harvest wind energy and convert it into electrical energy. This electrical energy is transferred to an electrical grid and then to commercial and residential areas. Power generated from wind is one of the cleanest sources of power generation. The existing energy in the wind turns the turbine blades around the rotor, which is coupled to the main shaft that rotates the generator to produce electricity. Conventional power generation is slowly losing its sheen owing to growing environmental awareness. Renewable energy sources, such as wind and solar, have gained popularity worldwide.

Research analysts forecast the Global Offshore Wind Turbine Market to grow at a CAGR of 20% during the period 2017-2021.

Request sample copy of the report at: http://www.orbisresearch.com/contacts/request-sample/379377

The report covers the present scenario and the growth prospects of the global offshore wind turbine market for 2017-2021. To calculate the market size, the report considers the new installations and exclude the retrofit/spares market.

The market is divided into the following segments based on geography:

Americas
APAC
EMEA
Research report, Global Offshore Wind Turbine Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The 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.

Read more details of the report at: http://www.orbisresearch.com/reports/index/global-offshore-wind-turbine-market-2017-2021

Key vendors

ADWEN,
MHI Vestas Offshore Wind,
Senvion,
Siemens Wind Power
Other prominent vendors

AREVA WIND
Clipper Windpower
Doosan
Gamesa
GENERAL ELECTRIC
Samsung Heavy Industries
Sinovel Wind Group
Market driver

Government support for wind energy projects
For a full, detailed list, view our report
Market challenge

Competition from fossil fuels
For a full, detailed list, view our report
Market trend

Reduction in cost for wind energy
For a full, detailed list, view our report
Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

Companies Mentioned:

ADWEN, MHI Vestas Offshore Wind, Senvion, Siemens Wind Power, AREVA WIND, Clipper Windpower, Doosan, Gamesa, GENERAL ELECTRIC, Samsung Heavy Industries, and Sinovel Wind Group.

Enquire more details of the report at: http://www.orbisresearch.com/contact/purchase/379377

Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

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