Wind energy is a renewable form of energy that is extensively used globally. The logistics of wind energy equipment involves transportation, installation, and commissioning of oversized wind energy equipment, such as turbines, generators, blades, towers, and nacelles, to aid the large-scale setting up of onshore and offshore wind energy plants. The rise in demand for offshore wind power generation and supportive government policies augments the market outlook over the projected period. The upcoming projects in coming years hold potential opportunity for transportation activities which in turn drives the market growth over the forecast period.
MARKET SCOPE
The "Global Offshore Wind Logistics Market Analysis to 2028" is a specialized and in-depth study of the renewable energy components with a special focus on the global market trend analysis. The report aims to provide an overview of the offshore wind turbine logistics market with detailed market segmentation by offering, mode of transport and geography. The report provides key statistics on the market status of the leading offshore wind logistics market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- On the basis of offering the market is segmented into port logistics and offshore transport
- On the basis of mode of transport, the market is segmented as vessel, helicopter, drones, and others
MARKET DYNAMICS
Drivers:
- -
o Rise in demand for offshore wind power generation
o Supportive government policies augments the market outlook
- -
o High capaital cost restraints the market growth
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). The offshore wind logistics 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 the 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 trends. The report also provides exhaustive PEST analysis for all five region, evaluating political, economic, social and technological factors affecting the offshore wind logistics market in these regions.
IMPACT OF COVID-19 ON OFFSHORE WIND LOGISTICS MARKET
The emergence of the COVID-19 has severely impacted the renewable energy industries, which resulted decline in the demand for power generation in the year 2020. The demand for offshore wind logistics are directly proportional to the demand for wind power projects. Wind projects have been negatively impacted amid the lockdown imposed due to the COVID-19 outbreak and recorded a huge decline in demand for offshore wind logistics market. The manufacturing of wind turbine components of the wind project was halted for a specific period due to high peak of COVID-19, which highly impacted the demand of offshore wind logistics. Furthermore, import and export activities were significantly impacted, which, in turn, adversely affected the global market. However, from 2021 the ease in restrictions and reopening of industries have accelerated the rise in number of wind power projects which further helped the market to grow over the covid recovery period.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). The offshore wind logistics 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 the 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 trends. The report also provides exhaustive PEST analysis for all five region, evaluating political, economic, social and technological factors affecting the offshore wind logistics market in these regions.
IMPACT OF COVID-19 ON OFFSHORE WIND LOGISTICS MARKET
The emergence of the COVID-19 has severely impacted the renewable energy industries, which resulted decline in the demand for power generation in the year 2020. The demand for offshore wind logistics are directly proportional to the demand for wind power projects. Wind projects have been negatively impacted amid the lockdown imposed due to the COVID-19 outbreak and recorded a huge decline in demand for offshore wind logistics market. The manufacturing of wind turbine components of the wind project was halted for a specific period due to high peak of COVID-19, which highly impacted the demand of offshore wind logistics. Furthermore, import and export activities were significantly impacted, which, in turn, adversely affected the global market. However, from 2021 the ease in restrictions and reopening of industries have accelerated the rise in number of wind power projects which further helped the market to grow over the covid recovery period.
MARKET PLAYERS
The report covers key developments in the offshore wind logistics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as advancement in products, reallocation of resources and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players in offshore wind logistics market are anticipated to get lucrative growth opportunities in the future owing increase in number of wind farm projects.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the offshore wind logistics market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Rhenus Group
- Liberty Green Logistic
- Wind World (India) Limited
- North Sea Logistics
- Ørsted
- Siemens Gamesa
- COSCO Heavy Transport
- Crowley Maritime Corporation
- Mitsui O.S.K.Lines
- Trans Global
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
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 Logistics Market - By Offering
1.3.2 Offshore Wind Logistics Market - By Mode of Transport
1.3.3 Offshore Wind Logistics Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. OFFSHORE WIND LOGISTICS 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 LOGISTICS 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 AND RESTRAINTS
6. OFFSHORE WIND LOGISTICS MARKET - GLOBAL MARKET ANALYSIS
6.1. OFFSHORE WIND LOGISTICS - GLOBAL MARKET OVERVIEW
6.2. OFFSHORE WIND LOGISTICS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. OFFSHORE WIND LOGISTICS MARKET - REVENUE AND FORECASTS TO 2028 - OFFERING
7.1. OVERVIEW
7.2. OFFERING MARKET FORECASTS AND ANALYSIS
7.3. PORT LOGISTICS
7.3.1. Overview
7.3.2. Port Logistics Market Forecast and Analysis
7.4. OFFSHORE TRANSPORT
7.4.1. Overview
7.4.2. Offshore Transport Market Forecast and Analysis
8. OFFSHORE WIND LOGISTICS MARKET - REVENUE AND FORECASTS TO 2028 - MODE OF TRANSPORT
8.1. OVERVIEW
8.2. MODE OF TRANSPORT MARKET FORECASTS AND ANALYSIS
8.3. VESSEL
8.3.1. Overview
8.3.2. Vessel Market Forecast and Analysis
8.4. HELICOPTER
8.4.1. Overview
8.4.2. Helicopter Market Forecast and Analysis
8.5. DRONES
8.5.1. Overview
8.5.2. Drones Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. OFFSHORE WIND LOGISTICS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Offshore Wind Logistics Market Overview
9.1.2 North America Offshore Wind Logistics Market Forecasts and Analysis
9.1.3 North America Offshore Wind Logistics Market Forecasts and Analysis - By Offering
9.1.4 North America Offshore Wind Logistics Market Forecasts and Analysis - By Mode of Transport
9.1.5 North America Offshore Wind Logistics Market Forecasts and Analysis - By Countries
9.1.5.1 United States Offshore Wind Logistics Market
9.1.5.1.1 United States Offshore Wind Logistics Market by Offering
9.1.5.1.2 United States Offshore Wind Logistics Market by Mode of Transport
9.1.5.2 Canada Offshore Wind Logistics Market
9.1.5.2.1 Canada Offshore Wind Logistics Market by Offering
9.1.5.2.2 Canada Offshore Wind Logistics Market by Mode of Transport
9.1.5.3 Mexico Offshore Wind Logistics Market
9.1.5.3.1 Mexico Offshore Wind Logistics Market by Offering
9.1.5.3.2 Mexico Offshore Wind Logistics Market by Mode of Transport
9.2. EUROPE
9.2.1 Europe Offshore Wind Logistics Market Overview
9.2.2 Europe Offshore Wind Logistics Market Forecasts and Analysis
9.2.3 Europe Offshore Wind Logistics Market Forecasts and Analysis - By Offering
9.2.4 Europe Offshore Wind Logistics Market Forecasts and Analysis - By Mode of Transport
9.2.5 Europe Offshore Wind Logistics Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Offshore Wind Logistics Market
9.2.5.1.1 Germany Offshore Wind Logistics Market by Offering
9.2.5.1.2 Germany Offshore Wind Logistics Market by Mode of Transport
9.2.5.2 France Offshore Wind Logistics Market
9.2.5.2.1 France Offshore Wind Logistics Market by Offering
9.2.5.2.2 France Offshore Wind Logistics Market by Mode of Transport
9.2.5.3 Italy Offshore Wind Logistics Market
9.2.5.3.1 Italy Offshore Wind Logistics Market by Offering
9.2.5.3.2 Italy Offshore Wind Logistics Market by Mode of Transport
9.2.5.4 United Kingdom Offshore Wind Logistics Market
9.2.5.4.1 United Kingdom Offshore Wind Logistics Market by Offering
9.2.5.4.2 United Kingdom Offshore Wind Logistics Market by Mode of Transport
9.2.5.5 Russia Offshore Wind Logistics Market
9.2.5.5.1 Russia Offshore Wind Logistics Market by Offering
9.2.5.5.2 Russia Offshore Wind Logistics Market by Mode of Transport
9.2.5.6 Rest of Europe Offshore Wind Logistics Market
9.2.5.6.1 Rest of Europe Offshore Wind Logistics Market by Offering
9.2.5.6.2 Rest of Europe Offshore Wind Logistics Market by Mode of Transport
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Offshore Wind Logistics Market Overview
9.3.2 Asia-Pacific Offshore Wind Logistics Market Forecasts and Analysis
9.3.3 Asia-Pacific Offshore Wind Logistics Market Forecasts and Analysis - By Offering
9.3.4 Asia-Pacific Offshore Wind Logistics Market Forecasts and Analysis - By Mode of Transport
9.3.5 Asia-Pacific Offshore Wind Logistics Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Offshore Wind Logistics Market
9.3.5.1.1 Australia Offshore Wind Logistics Market by Offering
9.3.5.1.2 Australia Offshore Wind Logistics Market by Mode of Transport
9.3.5.2 China Offshore Wind Logistics Market
9.3.5.2.1 China Offshore Wind Logistics Market by Offering
9.3.5.2.2 China Offshore Wind Logistics Market by Mode of Transport
9.3.5.3 India Offshore Wind Logistics Market
9.3.5.3.1 India Offshore Wind Logistics Market by Offering
9.3.5.3.2 India Offshore Wind Logistics Market by Mode of Transport
9.3.5.4 Japan Offshore Wind Logistics Market
9.3.5.4.1 Japan Offshore Wind Logistics Market by Offering
9.3.5.4.2 Japan Offshore Wind Logistics Market by Mode of Transport
9.3.5.5 South Korea Offshore Wind Logistics Market
9.3.5.5.1 South Korea Offshore Wind Logistics Market by Offering
9.3.5.5.2 South Korea Offshore Wind Logistics Market by Mode of Transport
9.3.5.6 Rest of Asia-Pacific Offshore Wind Logistics Market
9.3.5.6.1 Rest of Asia-Pacific Offshore Wind Logistics Market by Offering
9.3.5.6.2 Rest of Asia-Pacific Offshore Wind Logistics Market by Mode of Transport
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Offshore Wind Logistics Market Overview
9.4.2 Middle East and Africa Offshore Wind Logistics Market Forecasts and Analysis
9.4.3 Middle East and Africa Offshore Wind Logistics Market Forecasts and Analysis - By Offering
9.4.4 Middle East and Africa Offshore Wind Logistics Market Forecasts and Analysis - By Mode of Transport
9.4.5 Middle East and Africa Offshore Wind Logistics Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Offshore Wind Logistics Market
9.4.5.1.1 South Africa Offshore Wind Logistics Market by Offering
9.4.5.1.2 South Africa Offshore Wind Logistics Market by Mode of Transport
9.4.5.2 Saudi Arabia Offshore Wind Logistics Market
9.4.5.2.1 Saudi Arabia Offshore Wind Logistics Market by Offering
9.4.5.2.2 Saudi Arabia Offshore Wind Logistics Market by Mode of Transport
9.4.5.3 U.A.E Offshore Wind Logistics Market
9.4.5.3.1 U.A.E Offshore Wind Logistics Market by Offering
9.4.5.3.2 U.A.E Offshore Wind Logistics Market by Mode of Transport
9.4.5.4 Rest of Middle East and Africa Offshore Wind Logistics Market
9.4.5.4.1 Rest of Middle East and Africa Offshore Wind Logistics Market by Offering
9.4.5.4.2 Rest of Middle East and Africa Offshore Wind Logistics Market by Mode of Transport
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Offshore Wind Logistics Market Overview
9.5.2 South and Central America Offshore Wind Logistics Market Forecasts and Analysis
9.5.3 South and Central America Offshore Wind Logistics Market Forecasts and Analysis - By Offering
9.5.4 South and Central America Offshore Wind Logistics Market Forecasts and Analysis - By Mode of Transport
9.5.5 South and Central America Offshore Wind Logistics Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Offshore Wind Logistics Market
9.5.5.1.1 Brazil Offshore Wind Logistics Market by Offering
9.5.5.1.2 Brazil Offshore Wind Logistics Market by Mode of Transport
9.5.5.2 Argentina Offshore Wind Logistics Market
9.5.5.2.1 Argentina Offshore Wind Logistics Market by Offering
9.5.5.2.2 Argentina Offshore Wind Logistics Market by Mode of Transport
9.5.5.3 Rest of South and Central America Offshore Wind Logistics Market
9.5.5.3.1 Rest of South and Central America Offshore Wind Logistics Market by Offering
9.5.5.3.2 Rest of South and Central America Offshore Wind Logistics Market by Mode of Transport
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 LOGISTICS MARKET, KEY COMPANY PROFILES
11.1. RHENUS GROUP
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. LIBERTY GREEN LOGISTIC
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. WIND WORLD (INDIA) LIMITED
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. NORTH SEA LOGISTICS
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. ØRSTED A/S
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. SIEMENS GAMESA
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. COSCO HEAVY TRANSPORT
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. CROWLEY MARITIME CORPORATION
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. MITSUI O.S.K.LINES
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. TRANS GLOBAL
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
1.Rhenus Group
2.Liberty Green Logistic
3.Wind World (India) Limited
4.North Sea Logistics
5.Ørsted A/S
6.Siemens Gamesa
7.COSCO Heavy Transport
8.Crowley Maritime Corporation
9.Mitsui O.S.K.Lines
10.Trans Global
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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