Title: GLOBAL OFFSHORE WIND ENERGY MARKET
1Global Offshore Wind Energy Market Research
Offshore Wind Energy Market, Size, Share, Market
Intelligence, Company Profiles, Market Trends,
Strategy, Analysis, Forecast 2018-2023
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offshore-wind-energy-market/
2GLOBAL OFFSHORE WIND ENERGY MARKET INSIGHTS
Global Offshore Wind Energy Market is expected to
grow at the CAGR of 13.1 during 2018-2023. The
variety of factors such as growing awareness
towards green energy, diversified wind energy
application and so on are significantly
contributing in the growth of the offshore wind
energy market. The market is growing rapidly
as offshore winds are much steadier than on land
implicating more reliable source of energy. The
offshore wind farms are providing renewable
energy without consumption of water and not
emitting environmental pollutants or any harmful
gases. The future growth of an offshore wind
energy market is predicated to increase due to
the increasing technological advancement and
innovation of an offshore wind farms and
government incentives across the globe. There are
some factors that are limiting the growth of the
market such as technological and economic
challenge, lack of energy storage and
transportation facility and unpredictable water
calamity such as storms.
3OFFSHORE WIND ENERGY MARKET INSIGHTS
The Global Offshore Wind Energy market is
segmented on the basis of application, types of
foundation, depth of turbine and region.
Innovation is predicted to progress due to
development in offshore wind energy projects.
There are long term opportunities which are
boosting the market growth of offshore wind
energy market which includes high potential wind
source, development in field of floating wind
turbines, provision of large space for big setup
and generation of electricity for
Lifetime. Europe is currently dominating the
global offshore wind Energy market. Till 2015 EU
has 90 global installations of the offshore
farms. According to European Commission, in
Europe, UK accounted 55, and Germany with 36
second and rest by Belgium, Finland, Sweden, the
Netherlands and so on. APAC represents a huge
potential for offshore wind in countries such as
China, Japan, Korea and Taiwan. India have
defined ambitious plans for offshore wind market.
4GLOBAL OFFSHORE WIND ENERGY MARKET INSIGHTS
China is leading in Asian market in generating
offshore wind power there have been anticipation
from The National Energy Agency China that they
are targeting 30 GW by 2020. According to
Ministry of Economic Trade and Industry, Japan is
doing rapid development on floating offshore wind
technology and target to increase the offshore
wind power usage up to 20 by 2050. South Korea
and Taiwan also in the process to increase the
wind power usage by 500 MW by 2020 and 4GW by
2030 respectively. The European Wind Energy
Association and Society of Energy EU shows
offshore wind is more competitive than
conventional and solar generation. Cost reduction
driven by industrys aggressive development of
new technology to adopt offshore wind projects
which will give stable deployment of 4000 MW per
year additionally working on improving
infrastructure and manufacturing facilities and
stimulate skilled work force.
5OFFSHORE WIND ENERGY MARKET INSIGHTS
The key players of Offshore Wind Energy market
include Siemens Wind Power, Vestas Wind System,
Goldwind Science and Technology Co. Ltd., Gamesa
Corporation, GE Wind Energy, Dong Energy and
China Ming Yang Wind Power Group Ltd. These
companies are focusing on product innovations,
expansions, gaining market share and leaning
towards green energy. Siemens wind power
installed offshore wind energy projects at London
Array U.K in 2013, then in year 2015 at DanTysk
Germany followed by Gemini Netherlands installed
in 2016. The report also includes detailed market
overview, strategic recommendations, key company
analysis, key findings, recommendation, analyst
insights, predictive analysis, market
determinants, market segmentation and company
profiling of the market.
6GLOBAL OFFSHORE WIND ENERGY MARKET INSIGHTS
Market Segmentation
- Offshore Wind Energy Market Research and
Analysis, by Application - Offshore Wind Energy Market Research and
Analysis, by Types of Foundation - Offshore Wind Energy Market Research and
Analysis, by Depth of Turbine
7The report covers
- Comprehensive research methodology of Global
Offshore Wind Energy Market. - This report also includes detailed and extensive
market overview with Analyst - Insights key market trends.
- Exhaustive analysis of macro and micro factors
influencing the market guided by key
recommendations. - Analysis of regional regulations and other
government policies impacting the - Offshore Wind Energy Market.
- Insights about market determinants which are
stimulating the Global Offshore Wind Energy
Market. - Detailed and extensive market segments with
regional distribution of forecasted revenues. - Extensive profiles and recent developments of
market players.
8Table of content
- REPORT SUMMARY
- 1.1. RESEARCH METHODS AND TOOLS
- 1.2. MARKET BREAKDOWN
- 1.2.1. BY SEGMENTS
- 1.2.2. BY GEOGRAPHY
- 1.2.3. BY STAKEHOLDERS
- 1.2.4. EXCEPTIONS
- 2. MARKET OVERVIEW AND INSIGHTS
- 2.1. DEFINITION
- 2.2. HISTORICAL ANALYSIS
- 2.3. ANALYST CURRENT MARKET TRENDS
- 2.3.1. KEY FINDINGS
- 2.3.2. RECOMMENDATION
- 2.3.3. CONCLUSION
- 2.4. REGULATIONS
9Table of content
3. MARKET DETERMINANT 3.1. MOTIVATORS
3.1.1. GROWING AWARENESS TOWARDS GREEN ENERGY
3.1.2. GOVERNMENT POLICIES AND REGULATIONS
3.1.3. DIVERSIFIED WIND ENERGY APPLICATION
3.1.4. TECHNOLOGICAL ADVANCEMENT AND INNOVATION
3.2. RESTRAINT 3.2.1. TECHNICAL AND
ECONOMIC CHALLENGE 3.2.2. LACK OF ENERGY
STORAGE AND TRANSPORTATION FACILITY 3.2.3.
UNPREDICTABLE WATER CALAMITY SUCH AS STORMS
3.3. OPPORTUNITY 3.3.1. HIGH POTENTIAL WIND
SOURCE 3.3.2. DEVELOPMENT IN FIELD OF FLOATING
WIND TURBINES 3.3.3. PROVISION OF LARGE SPACE
FOR BIG SETUP 3.3.4. GENERATION OF ELECTRICITY
FOR LIFETIME
10Table of content
4. MARKET SEGMENTATION 4.1. OFFSHORE WIND
ENERGY MARKET RESEARCH BY FOUNDATION 4.1.1.
GRAVITY BASE 4.1.2. MONOPIILE 4.1.3. TRIPOD
4.1.4. JACKET 4.1.5. FLOATING 4.2.
OFFSHORE WIND ENERGY MARKET RESEARCH BY DEPTH OF
TURBINE 4.2.1. SHALLOW 4.2.2. TRANSITIONAL
4.2.3. DEEP WATER 4.3. OFFSHORE WIND ENERGY
MARKET RESEARCH BY APPLICATION 4.3.1.
COMMERCIAL 4.3.2. INDUSTRIAL 4.3.3. HOUSEHOLD
11Table of content
5. COMPETITIVE LANDSCAPE 5.1. MARKET
STRATEGIES 5.2. KEY COMPANY ANALYSIS 6.
REGIONAL ANALYSIS 6.1. NORTH AMERICA
FACTORS AFFECTING NORTH AMERICAN MARKET
FINANCIAL SUPPORT FROM WIND ENERGY ASSOCIATION
GOVERNMENT SUBSIDIES 6.1.1. UNITED
STATES 6.1.2. CANADA 6.2. EUROPE
FACTORS AFFECTING EUROPEAN MARKET
PRESENCE OF DOMINATING MARKET PLAYERS
CONTINUOUS DEVELOPMENTS TO INCREASE ENERGY YIELD
AT SEA GOVERNMENT BENEFICIAL POLICIES
12Table of content
6.2.1. UNITED KINGDOM 6.2.2. FRANCE 6.2.3.
GERMANY 6.2.4. ITALY 6.2.5. SPAIN 6.3.
ASIA PACIFIC FACTORS AFFECTING APAC MARKET
GOVERNMENT FUNDING HIGH ENERGY
DEMAND LACK OF EXPERIENCE OF
DOMESTIC TURBINE MANUFACTURING
ASSOCIATED RISKS DISCOURAGE PRIVATE COMPANIES
6.4. REST OF THE WORLD FACTORS AFFECTING ROW
MARKET GOVERNMENT FUNDING
HIGH ENERGY DEMAND
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offshore-wind-energy-market/