Offshore Wind Turbine Market 2027 by Capacity, Application and Geography | The Insight Partners

Offshore Wind Turbine Market Forecast to 2027 - Covid-19 Impact and Global Analysis - by Capacity (Upto 1 MW, 1 to 3 MW, 3 to 5 MW, 5 MW and Above); Application (Deep Water, Shallow Water) and Geography

Report Code: TIPRE00009724 | No. of Pages: 150 | Category: Energy and Power | Status: Upcoming
Covid
MARKET INTRODUCTION

Offshore wind turbines are used in wind farms construction, off the shore, or on the continental shelf to harvest wind energy for electricity generation. These include inshore water areas such as lakes, and sheltered coastal areas, which use conventional fixed bottom wind turbine technologies, and the deepwater regions use floating wind turbines. The increasing investment in the renewable energy sector is the primary factor propelling the growth of the offshore wind turbine market in the forecast period. Countries such as South Korea, China, and India have several new offshore projects in the prototype phase.

MARKET DYNAMICS

The offshore wind turbine market is anticipated to grow in the forecast period owing to the increasing energy demand, coupled with the regulations on energy efficiency. However, heavy investments for the production and installation of offshore wind turbines is the major factor which may restrain the growth of the offshore wind turbine market during the forecast period. On the other hand, the increase in investment for the construction of new wind farms, refinancing operations, and project acquisitions offer lucrative opportunities for the offshore wind turbine market.

MARKET SCOPE

The "Global Offshore Wind Turbine Market Analysis to 2027” is a specialized and in-depth study of the energy and power industry with a special focus on the global market trend analysis. The report aims to provide an overview of offshore wind turbine market with detailed market segmentation by capacity, application, and geography. The global offshore wind turbine market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading offshore wind turbine market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global offshore wind turbine market is segmented on the basis of capacity and application. Based on capacity, the market is segmented as Upto 1 MW, 1-3 MW, 3-5 MW, and 5 MW and above. On the basis of the application, the market is segmented as deep water and shallow water.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global offshore wind turbine market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The offshore wind turbine market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting offshore wind turbine market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the offshore wind turbine market in these regions.



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MARKET PLAYERS


The reports cover key developments in the offshore wind turbine market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from offshore wind turbine market are anticipated to lucrative growth opportunities in the future with the rising demand for offshore wind turbine in the global market. Below mentioned is the list of few companies engaged in the offshore wind turbine market.

The report also includes the profiles of key offshore wind turbine companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.

  •  Doosan Heavy Industries & Construction
  •  Envision Group
  •  General Electric Company
  •  Hitachi, Ltd.
  •  NORDEX SE
  •  Senvion S.A.
  •  Siemens AG
  •  Sinovel Wind Group Co., Ltd.
  •  Vestas Wind Systems A/S
  •  Weg S.A.

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  • TABLE OF CONTENTS

    1. INTRODUCTION
    1.1. SCOPE OF THE STUDY
    1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
    1.3. MARKET SEGMENTATION
    1.3.1 Offshore Wind Turbine Market - By Capacity
    1.3.2 Offshore Wind Turbine Market - By Application
    1.3.3 Offshore Wind Turbine Market - By Region
    1.3.3.1 By Country

    2. KEY TAKEAWAYS

    3. RESEARCH METHODOLOGY

    4. OFFSHORE WIND TURBINE MARKET LANDSCAPE
    4.1. OVERVIEW
    4.2. PEST ANALYSIS
    4.2.1 North America - Pest Analysis
    4.2.2 Europe - Pest Analysis
    4.2.3 Asia-Pacific - Pest Analysis
    4.2.4 Middle East and Africa - Pest Analysis
    4.2.5 South and Central America - Pest Analysis
    4.3. EXPERT OPINIONS

    5. OFFSHORE WIND TURBINE MARKET - KEY MARKET DYNAMICS
    5.1. KEY MARKET DRIVERS
    5.2. KEY MARKET RESTRAINTS
    5.3. KEY MARKET OPPORTUNITIES
    5.4. FUTURE TRENDS
    5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC

    6. OFFSHORE WIND TURBINE MARKET - GLOBAL MARKET ANALYSIS
    6.1. OFFSHORE WIND TURBINE - GLOBAL MARKET OVERVIEW
    6.2. OFFSHORE WIND TURBINE - GLOBAL MARKET AND FORECAST TO 2027
    6.3. MARKET POSITIONING/MARKET SHARE

    7. OFFSHORE WIND TURBINE MARKET - REVENUE AND FORECASTS TO 2027 - CAPACITY
    7.1. OVERVIEW
    7.2. CAPACITY MARKET FORECASTS AND ANALYSIS
    7.3. UPTO 1 MW
    7.3.1. Overview
    7.3.2. Upto 1 MW Market Forecast and Analysis
    7.4. 1 TO 3 MW
    7.4.1. Overview
    7.4.2. 1 to 3 MW Market Forecast and Analysis
    7.5. 3 TO 5 MW
    7.5.1. Overview
    7.5.2. 3 to 5 MW Market Forecast and Analysis
    7.6. 5 MW AND ABOVE
    7.6.1. Overview
    7.6.2. 5 MW and Above Market Forecast and Analysis
    8. OFFSHORE WIND TURBINE MARKET - REVENUE AND FORECASTS TO 2027 - APPLICATION
    8.1. OVERVIEW
    8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
    8.3. DEEP WATER
    8.3.1. Overview
    8.3.2. Deep Water Market Forecast and Analysis
    8.4. SHALLOW WATER
    8.4.1. Overview
    8.4.2. Shallow Water Market Forecast and Analysis

    9. OFFSHORE WIND TURBINE MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
    9.1. NORTH AMERICA
    9.1.1 North America Offshore Wind Turbine Market Overview
    9.1.2 North America Offshore Wind Turbine Market Forecasts and Analysis
    9.1.3 North America Offshore Wind Turbine Market Forecasts and Analysis - By Capacity
    9.1.4 North America Offshore Wind Turbine Market Forecasts and Analysis - By Application
    9.1.5 North America Offshore Wind Turbine Market Forecasts and Analysis - By Countries
    9.1.5.1 United States Offshore Wind Turbine Market
    9.1.5.1.1 United States Offshore Wind Turbine Market by Capacity
    9.1.5.1.2 United States Offshore Wind Turbine Market by Application
    9.1.5.2 Canada Offshore Wind Turbine Market
    9.1.5.2.1 Canada Offshore Wind Turbine Market by Capacity
    9.1.5.2.2 Canada Offshore Wind Turbine Market by Application
    9.1.5.3 Mexico Offshore Wind Turbine Market
    9.1.5.3.1 Mexico Offshore Wind Turbine Market by Capacity
    9.1.5.3.2 Mexico Offshore Wind Turbine Market by Application
    9.2. EUROPE
    9.2.1 Europe Offshore Wind Turbine Market Overview
    9.2.2 Europe Offshore Wind Turbine Market Forecasts and Analysis
    9.2.3 Europe Offshore Wind Turbine Market Forecasts and Analysis - By Capacity
    9.2.4 Europe Offshore Wind Turbine Market Forecasts and Analysis - By Application
    9.2.5 Europe Offshore Wind Turbine Market Forecasts and Analysis - By Countries
    9.2.5.1 Germany Offshore Wind Turbine Market
    9.2.5.1.1 Germany Offshore Wind Turbine Market by Capacity
    9.2.5.1.2 Germany Offshore Wind Turbine Market by Application
    9.2.5.2 France Offshore Wind Turbine Market
    9.2.5.2.1 France Offshore Wind Turbine Market by Capacity
    9.2.5.2.2 France Offshore Wind Turbine Market by Application
    9.2.5.3 Italy Offshore Wind Turbine Market
    9.2.5.3.1 Italy Offshore Wind Turbine Market by Capacity
    9.2.5.3.2 Italy Offshore Wind Turbine Market by Application
    9.2.5.4 United Kingdom Offshore Wind Turbine Market
    9.2.5.4.1 United Kingdom Offshore Wind Turbine Market by Capacity
    9.2.5.4.2 United Kingdom Offshore Wind Turbine Market by Application
    9.2.5.5 Russia Offshore Wind Turbine Market
    9.2.5.5.1 Russia Offshore Wind Turbine Market by Capacity
    9.2.5.5.2 Russia Offshore Wind Turbine Market by Application
    9.2.5.6 Rest of Europe Offshore Wind Turbine Market
    9.2.5.6.1 Rest of Europe Offshore Wind Turbine Market by Capacity
    9.2.5.6.2 Rest of Europe Offshore Wind Turbine Market by Application
    9.3. ASIA-PACIFIC
    9.3.1 Asia-Pacific Offshore Wind Turbine Market Overview
    9.3.2 Asia-Pacific Offshore Wind Turbine Market Forecasts and Analysis
    9.3.3 Asia-Pacific Offshore Wind Turbine Market Forecasts and Analysis - By Capacity
    9.3.4 Asia-Pacific Offshore Wind Turbine Market Forecasts and Analysis - By Application
    9.3.5 Asia-Pacific Offshore Wind Turbine Market Forecasts and Analysis - By Countries
    9.3.5.1 Australia Offshore Wind Turbine Market
    9.3.5.1.1 Australia Offshore Wind Turbine Market by Capacity
    9.3.5.1.2 Australia Offshore Wind Turbine Market by Application
    9.3.5.2 China Offshore Wind Turbine Market
    9.3.5.2.1 China Offshore Wind Turbine Market by Capacity
    9.3.5.2.2 China Offshore Wind Turbine Market by Application
    9.3.5.3 India Offshore Wind Turbine Market
    9.3.5.3.1 India Offshore Wind Turbine Market by Capacity
    9.3.5.3.2 India Offshore Wind Turbine Market by Application
    9.3.5.4 Japan Offshore Wind Turbine Market
    9.3.5.4.1 Japan Offshore Wind Turbine Market by Capacity
    9.3.5.4.2 Japan Offshore Wind Turbine Market by Application
    9.3.5.5 South Korea Offshore Wind Turbine Market
    9.3.5.5.1 South Korea Offshore Wind Turbine Market by Capacity
    9.3.5.5.2 South Korea Offshore Wind Turbine Market by Application
    9.3.5.6 Rest of Asia-Pacific Offshore Wind Turbine Market
    9.3.5.6.1 Rest of Asia-Pacific Offshore Wind Turbine Market by Capacity
    9.3.5.6.2 Rest of Asia-Pacific Offshore Wind Turbine Market by Application
    9.4. MIDDLE EAST AND AFRICA
    9.4.1 Middle East and Africa Offshore Wind Turbine Market Overview
    9.4.2 Middle East and Africa Offshore Wind Turbine Market Forecasts and Analysis
    9.4.3 Middle East and Africa Offshore Wind Turbine Market Forecasts and Analysis - By Capacity
    9.4.4 Middle East and Africa Offshore Wind Turbine Market Forecasts and Analysis - By Application
    9.4.5 Middle East and Africa Offshore Wind Turbine Market Forecasts and Analysis - By Countries
    9.4.5.1 South Africa Offshore Wind Turbine Market
    9.4.5.1.1 South Africa Offshore Wind Turbine Market by Capacity
    9.4.5.1.2 South Africa Offshore Wind Turbine Market by Application
    9.4.5.2 Saudi Arabia Offshore Wind Turbine Market
    9.4.5.2.1 Saudi Arabia Offshore Wind Turbine Market by Capacity
    9.4.5.2.2 Saudi Arabia Offshore Wind Turbine Market by Application
    9.4.5.3 U.A.E Offshore Wind Turbine Market
    9.4.5.3.1 U.A.E Offshore Wind Turbine Market by Capacity
    9.4.5.3.2 U.A.E Offshore Wind Turbine Market by Application
    9.5. SOUTH AND CENTRAL AMERICA
    9.5.1 South and Central America Offshore Wind Turbine Market Overview
    9.5.2 South and Central America Offshore Wind Turbine Market Forecasts and Analysis
    9.5.3 South and Central America Offshore Wind Turbine Market Forecasts and Analysis - By Capacity
    9.5.4 South and Central America Offshore Wind Turbine Market Forecasts and Analysis - By Application
    9.5.5 South and Central America Offshore Wind Turbine Market Forecasts and Analysis - By Countries
    9.5.5.1 Brazil Offshore Wind Turbine Market
    9.5.5.1.1 Brazil Offshore Wind Turbine Market by Capacity
    9.5.5.1.2 Brazil Offshore Wind Turbine Market by Application
    9.5.5.2 Argentina Offshore Wind Turbine Market
    9.5.5.2.1 Argentina Offshore Wind Turbine Market by Capacity
    9.5.5.2.2 Argentina Offshore Wind Turbine Market by Application
    9.5.5.3 Rest of South and Central America Offshore Wind Turbine Market
    9.5.5.3.1 Rest of South and Central America Offshore Wind Turbine Market by Capacity
    9.5.5.3.2 Rest of South and Central America Offshore Wind Turbine Market by Application

    10. INDUSTRY LANDSCAPE
    10.1. MERGERS AND ACQUISITIONS
    10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
    10.3. NEW PRODUCT LAUNCHES
    10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

    11. OFFSHORE WIND TURBINE MARKET, KEY COMPANY PROFILES
    11.1. DOOSAN HEAVY INDUSTRIES AND CONSTRUCTION
    11.1.1. Key Facts
    11.1.2. Business Description
    11.1.3. Products and Services
    11.1.4. Financial Overview
    11.1.5. SWOT Analysis
    11.1.6. Key Developments
    11.2. ENVISION GROUP
    11.2.1. Key Facts
    11.2.2. Business Description
    11.2.3. Products and Services
    11.2.4. Financial Overview
    11.2.5. SWOT Analysis
    11.2.6. Key Developments
    11.3. GENERAL ELECTRIC COMPANY
    11.3.1. Key Facts
    11.3.2. Business Description
    11.3.3. Products and Services
    11.3.4. Financial Overview
    11.3.5. SWOT Analysis
    11.3.6. Key Developments
    11.4. HITACHI, LTD.
    11.4.1. Key Facts
    11.4.2. Business Description
    11.4.3. Products and Services
    11.4.4. Financial Overview
    11.4.5. SWOT Analysis
    11.4.6. Key Developments
    11.5. NORDEX SE
    11.5.1. Key Facts
    11.5.2. Business Description
    11.5.3. Products and Services
    11.5.4. Financial Overview
    11.5.5. SWOT Analysis
    11.5.6. Key Developments
    11.6. SENVION S.A.
    11.6.1. Key Facts
    11.6.2. Business Description
    11.6.3. Products and Services
    11.6.4. Financial Overview
    11.6.5. SWOT Analysis
    11.6.6. Key Developments
    11.7. SIEMENS AG
    11.7.1. Key Facts
    11.7.2. Business Description
    11.7.3. Products and Services
    11.7.4. Financial Overview
    11.7.5. SWOT Analysis
    11.7.6. Key Developments
    11.8. SINOVEL WIND GROUP CO., LTD.
    11.8.1. Key Facts
    11.8.2. Business Description
    11.8.3. Products and Services
    11.8.4. Financial Overview
    11.8.5. SWOT Analysis
    11.8.6. Key Developments
    11.9. VESTAS WIND SYSTEMS A/S
    11.9.1. Key Facts
    11.9.2. Business Description
    11.9.3. Products and Services
    11.9.4. Financial Overview
    11.9.5. SWOT Analysis
    11.9.6. Key Developments
    11.10. WEG S.A.
    11.10.1. Key Facts
    11.10.2. Business Description
    11.10.3. Products and Services
    11.10.4. Financial Overview
    11.10.5. SWOT Analysis
    11.10.6. Key Developments

    12. APPENDIX
    12.1. ABOUT THE INSIGHT PARTNERS
    12.2. GLOSSARY OF TERMS
    List of Companies

    1. Doosan Heavy Industries and Construction
    2. Envision Group
    3. General Electric Company
    4. Hitachi, Ltd.
    5. NORDEX SE
    6. Senvion S.A.
    7. Siemens AG
    8. Sinovel Wind Group Co., Ltd.
    9. Vestas Wind Systems A/S
    10. Weg S.A.
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