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Offshore Wind Power Market - Global Forecast 2026-2032- Product Image
Offshore Wind Power Market - Global Forecast 2026-2032- Product Image
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Offshore Wind Power Market - Global Forecast 2026-2032

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    Report

  • 187 Pages
  • January 2026
  • Region: Global
  • 360iResearch™
  • ID: 4791744
1h Free Analyst Time
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The offshore wind power market is advancing through rapid innovation and policy-driven changes, presenting senior decision-makers with both new opportunities and competitive challenges. Leaders require up-to-date insights to make informed strategic decisions and ensure organizational resilience as global demand for renewable energy intensifies.

Market Snapshot: Offshore Wind Power Market Size and Growth

The offshore wind power market is growing steadily, with the market value projected to increase from USD 33.83 billion in 2025 to USD 36.32 billion in 2026, and further reach USD 56.11 billion by 2032. This reflects a compound annual growth rate (CAGR) of 7.49%. Rising government ambition, robust policy support, and the critical role of offshore wind in global decarbonization and diversification underpin this expansion. Increasingly, organizations are seeking to broaden renewable portfolios and reduce exposure to fossil fuels, driving continued momentum for investment and project development in offshore wind energy.

Scope & Segmentation

  • Component Types: Covers essential offshore wind components, including advanced electrical systems, cutting-edge turbine assemblies, and diverse substructures such as monopiles and jacket foundations, all influencing project installation and operational performance.
  • Foundation Strategies: Analyzes both fixed-bottom systems, optimal for continental shelves, and floating platforms, which are expanding deployment to deeper waters and varied marine environments, enabling broader geographical reach.
  • Turbine Capacity Segments: Explores the industry shift toward high-capacity turbines, highlighting evolving efficiency and cost-effectiveness that drive business cases and impact operational models.
  • Application & End Users: Reviews the spectrum from commercial-scale developments and tailored captive power solutions for heavy industry, to distinct procurement and financing approaches favored by governments and independent producers.
  • Regional Analysis: Provides in-depth exposure to markets in the Americas, Europe, Middle East & Africa, and Asia Pacific, examining the regulatory settings, supply chain dynamics, and deployment frameworks that significantly shape market entry and profitability.
  • Technological Innovations: Details the latest turbine technologies, developments in floating foundation engineering, and the growing adoption of digital asset management and artificial intelligence for maintenance, operational oversight, and cost optimization.

Key Takeaways for Senior Decision-Makers

  • Offshore wind projects play a key role in driving the energy transition, offering high capacity and flexible siting without typical land constraints.
  • Digital tools such as AI-based predictive maintenance and remote monitoring contribute to asset reliability, minimize downtime, and extend operational lifespan.
  • Efficient collaboration across project developers, maritime specialists, and financiers is improving assembly processes, logistics coordination, and overall project risk management.
  • Addressing marine ecosystem requirements and engaging local stakeholders is increasingly vital for timely project approvals and safeguarding operational stability.
  • Established supply chains, regional market knowledge, and effective dissemination of best practices are supporting the adoption of offshore wind solutions in diverse global markets.
  • Flexible procurement adapts to evolving regulations and tariffs, supporting project resilience in dynamic policy environments.

Tariff Impact: Navigating Policy-Driven Cost Dynamics

Tariffs on imported steel and turbine components are prompting the industry to re-evaluate sourcing and cost structures. Responses include increased diversification of procurement channels, greater investment in local manufacturing, and the establishment of strategic partnerships to facilitate technology transfer. These strategies not only enhance local employment and supply reliability but also require organizations to upskill their workforce and integrate advanced technologies to meet operational benchmarks.

Methodology & Data Sources

This report utilizes a robust methodology, blending comprehensive analysis of public data, targeted interviews with executives, and triangulated data verification. Insights are validated by experts in engineering, marine science, and grid integration to ensure that recommendations support strategic planning and actionable decisions for B2B stakeholders.

Why This Report Matters: Empowering Leadership in Offshore Wind Power

  • Clarifies emerging technologies, evolving regulations, and market competition to help executive teams prioritize growth opportunities and manage risk.
  • Delivers actionable intelligence for shaping investment, procurement, and operations across fast-changing regional markets.
  • Supports alignment with leading ESG standards, aiding faster project approvals and enhancing reputation with stakeholders and partners.

Conclusion

This report equips senior executives to navigate the evolving offshore wind power market through informed strategy, smart technology adoption, and coordinated action at the regional level.

 

Additional Product Information:

  • Purchase of this report includes 1 year online access with quarterly updates.
  • This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Definition
1.3. Market Segmentation & Coverage
1.4. Years Considered for the Study
1.5. Currency Considered for the Study
1.6. Language Considered for the Study
1.7. Key Stakeholders
2. Research Methodology
2.1. Introduction
2.2. Research Design
2.2.1. Primary Research
2.2.2. Secondary Research
2.3. Research Framework
2.3.1. Qualitative Analysis
2.3.2. Quantitative Analysis
2.4. Market Size Estimation
2.4.1. Top-Down Approach
2.4.2. Bottom-Up Approach
2.5. Data Triangulation
2.6. Research Outcomes
2.7. Research Assumptions
2.8. Research Limitations
3. Executive Summary
3.1. Introduction
3.2. CXO Perspective
3.3. Market Size & Growth Trends
3.4. Market Share Analysis, 2025
3.5. FPNV Positioning Matrix, 2025
3.6. New Revenue Opportunities
3.7. Next-Generation Business Models
3.8. Industry Roadmap
4. Market Overview
4.1. Introduction
4.2. Industry Ecosystem & Value Chain Analysis
4.2.1. Supply-Side Analysis
4.2.2. Demand-Side Analysis
4.2.3. Stakeholder Analysis
4.3. Porter’s Five Forces Analysis
4.4. PESTLE Analysis
4.5. Market Outlook
4.5.1. Near-Term Market Outlook (0-2 Years)
4.5.2. Medium-Term Market Outlook (3-5 Years)
4.5.3. Long-Term Market Outlook (5-10 Years)
4.6. Go-to-Market Strategy
5. Market Insights
5.1. Consumer Insights & End-User Perspective
5.2. Consumer Experience Benchmarking
5.3. Opportunity Mapping
5.4. Distribution Channel Analysis
5.5. Pricing Trend Analysis
5.6. Regulatory Compliance & Standards Framework
5.7. ESG & Sustainability Analysis
5.8. Disruption & Risk Scenarios
5.9. Return on Investment & Cost-Benefit Analysis
6. Cumulative Impact of United States Tariffs 2025
7. Cumulative Impact of Artificial Intelligence 2025
8. Offshore Wind Power Market, by Component
8.1. Electrical Infrastructure
8.1.1. Offshore Substations
8.1.2. Subsea Cables
8.2. Substructure
8.2.1. Jacket & Gravity Based
8.2.2. Monopile
8.3. Turbines
8.3.1. Nacelle
8.3.2. Rotors & Blades
8.3.3. Tower
9. Offshore Wind Power Market, by Foundation Type
9.1. Fixed Bottom
9.2. Floating
10. Offshore Wind Power Market, by Turbine Capacity
10.1. 3-5 MW
10.2. Above 5 MW
10.3. Up To 3 MW
11. Offshore Wind Power Market, by Application
11.1. Commercial
11.2. Industrial
12. Offshore Wind Power Market, by End-User
12.1. Government
12.2. Independent Power Producers
13. Offshore Wind Power Market, by Region
13.1. Americas
13.1.1. North America
13.1.2. Latin America
13.2. Europe, Middle East & Africa
13.2.1. Europe
13.2.2. Middle East
13.2.3. Africa
13.3. Asia-Pacific
14. Offshore Wind Power Market, by Group
14.1. ASEAN
14.2. GCC
14.3. European Union
14.4. BRICS
14.5. G7
14.6. NATO
15. Offshore Wind Power Market, by Country
15.1. United States
15.2. Canada
15.3. Mexico
15.4. Brazil
15.5. United Kingdom
15.6. Germany
15.7. France
15.8. Russia
15.9. Italy
15.10. Spain
15.11. China
15.12. India
15.13. Japan
15.14. Australia
15.15. South Korea
16. United States Offshore Wind Power Market
17. China Offshore Wind Power Market
18. Competitive Landscape
18.1. Market Concentration Analysis, 2025
18.1.1. Concentration Ratio (CR)
18.1.2. Herfindahl Hirschman Index (HHI)
18.2. Recent Developments & Impact Analysis, 2025
18.3. Product Portfolio Analysis, 2025
18.4. Benchmarking Analysis, 2025
18.5. Acciona, SA
18.6. AEROVIDE GmbH
18.7. Alstom SA
18.8. AREVA S.A
18.9. Darwind B.V.
18.10. DNV AS Group
18.11. Dongfang Electric Corporation Ltd.
18.12. Doosan Enerbility Co., Ltd.
18.13. Duke Energy Corporation
18.14. EDF S.A
18.15. Enel S.p.A.
18.16. Envision Group
18.17. EON SE
18.18. Equinor ASA
18.19. GE Vernova
18.20. Goldwind Science&Technology Co., Ltd
18.21. Hitachi Energy Ltd.
18.22. Iberdrola, S.A.
18.23. NextEra Energy, Inc.
18.24. Nordex SE
18.25. Prysmian S.p.A
18.26. RWE AG
18.27. SEA WIND MANAGEMENT GmbH
18.28. Shanghai Electric Group Company Limited
18.29. Siemens AG
18.30. SSE plc
18.31. Suzlon Energy Limited
18.32. TGS Group
18.33. Vattenfall AB
18.34. Vestas Wind Systems A/S
18.35. Ørsted A/S
List of Figures
FIGURE 1. GLOBAL OFFSHORE WIND POWER MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 2. GLOBAL OFFSHORE WIND POWER MARKET SHARE, BY KEY PLAYER, 2025
FIGURE 3. GLOBAL OFFSHORE WIND POWER MARKET, FPNV POSITIONING MATRIX, 2025
FIGURE 4. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY COMPONENT, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 5. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY FOUNDATION TYPE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 6. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY TURBINE CAPACITY, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 7. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY APPLICATION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 8. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY END-USER, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 9. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY REGION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 10. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY GROUP, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 11. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY COUNTRY, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 12. UNITED STATES OFFSHORE WIND POWER MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 13. CHINA OFFSHORE WIND POWER MARKET SIZE, 2018-2032 (USD MILLION)
List of Tables
TABLE 1. GLOBAL OFFSHORE WIND POWER MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 2. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 3. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY ELECTRICAL INFRASTRUCTURE, BY REGION, 2018-2032 (USD MILLION)
TABLE 4. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY ELECTRICAL INFRASTRUCTURE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 5. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY ELECTRICAL INFRASTRUCTURE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 6. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY ELECTRICAL INFRASTRUCTURE, 2018-2032 (USD MILLION)
TABLE 7. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY OFFSHORE SUBSTATIONS, BY REGION, 2018-2032 (USD MILLION)
TABLE 8. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY OFFSHORE SUBSTATIONS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 9. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY OFFSHORE SUBSTATIONS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 10. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY SUBSEA CABLES, BY REGION, 2018-2032 (USD MILLION)
TABLE 11. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY SUBSEA CABLES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 12. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY SUBSEA CABLES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 13. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY SUBSTRUCTURE, BY REGION, 2018-2032 (USD MILLION)
TABLE 14. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY SUBSTRUCTURE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 15. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY SUBSTRUCTURE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 16. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY SUBSTRUCTURE, 2018-2032 (USD MILLION)
TABLE 17. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY JACKET & GRAVITY BASED, BY REGION, 2018-2032 (USD MILLION)
TABLE 18. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY JACKET & GRAVITY BASED, BY GROUP, 2018-2032 (USD MILLION)
TABLE 19. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY JACKET & GRAVITY BASED, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 20. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY MONOPILE, BY REGION, 2018-2032 (USD MILLION)
TABLE 21. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY MONOPILE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 22. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY MONOPILE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 23. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY TURBINES, BY REGION, 2018-2032 (USD MILLION)
TABLE 24. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY TURBINES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 25. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY TURBINES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 26. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY TURBINES, 2018-2032 (USD MILLION)
TABLE 27. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY NACELLE, BY REGION, 2018-2032 (USD MILLION)
TABLE 28. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY NACELLE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 29. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY NACELLE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 30. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY ROTORS & BLADES, BY REGION, 2018-2032 (USD MILLION)
TABLE 31. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY ROTORS & BLADES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 32. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY ROTORS & BLADES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 33. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY TOWER, BY REGION, 2018-2032 (USD MILLION)
TABLE 34. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY TOWER, BY GROUP, 2018-2032 (USD MILLION)
TABLE 35. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY TOWER, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 36. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 37. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY FIXED BOTTOM, BY REGION, 2018-2032 (USD MILLION)
TABLE 38. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY FIXED BOTTOM, BY GROUP, 2018-2032 (USD MILLION)
TABLE 39. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY FIXED BOTTOM, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 40. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY FLOATING, BY REGION, 2018-2032 (USD MILLION)
TABLE 41. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY FLOATING, BY GROUP, 2018-2032 (USD MILLION)
TABLE 42. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY FLOATING, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 43. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY TURBINE CAPACITY, 2018-2032 (USD MILLION)
TABLE 44. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY 3-5 MW, BY REGION, 2018-2032 (USD MILLION)
TABLE 45. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY 3-5 MW, BY GROUP, 2018-2032 (USD MILLION)
TABLE 46. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY 3-5 MW, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 47. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY ABOVE 5 MW, BY REGION, 2018-2032 (USD MILLION)
TABLE 48. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY ABOVE 5 MW, BY GROUP, 2018-2032 (USD MILLION)
TABLE 49. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY ABOVE 5 MW, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 50. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY UP TO 3 MW, BY REGION, 2018-2032 (USD MILLION)
TABLE 51. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY UP TO 3 MW, BY GROUP, 2018-2032 (USD MILLION)
TABLE 52. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY UP TO 3 MW, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 53. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 54. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY COMMERCIAL, BY REGION, 2018-2032 (USD MILLION)
TABLE 55. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY COMMERCIAL, BY GROUP, 2018-2032 (USD MILLION)
TABLE 56. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY COMMERCIAL, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 57. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY INDUSTRIAL, BY REGION, 2018-2032 (USD MILLION)
TABLE 58. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY INDUSTRIAL, BY GROUP, 2018-2032 (USD MILLION)
TABLE 59. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY INDUSTRIAL, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 60. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY END-USER, 2018-2032 (USD MILLION)
TABLE 61. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY GOVERNMENT, BY REGION, 2018-2032 (USD MILLION)
TABLE 62. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY GOVERNMENT, BY GROUP, 2018-2032 (USD MILLION)
TABLE 63. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY GOVERNMENT, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 64. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY INDEPENDENT POWER PRODUCERS, BY REGION, 2018-2032 (USD MILLION)
TABLE 65. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY INDEPENDENT POWER PRODUCERS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 66. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY INDEPENDENT POWER PRODUCERS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 67. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY REGION, 2018-2032 (USD MILLION)
TABLE 68. AMERICAS OFFSHORE WIND POWER MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 69. AMERICAS OFFSHORE WIND POWER MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 70. AMERICAS OFFSHORE WIND POWER MARKET SIZE, BY ELECTRICAL INFRASTRUCTURE, 2018-2032 (USD MILLION)
TABLE 71. AMERICAS OFFSHORE WIND POWER MARKET SIZE, BY SUBSTRUCTURE, 2018-2032 (USD MILLION)
TABLE 72. AMERICAS OFFSHORE WIND POWER MARKET SIZE, BY TURBINES, 2018-2032 (USD MILLION)
TABLE 73. AMERICAS OFFSHORE WIND POWER MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 74. AMERICAS OFFSHORE WIND POWER MARKET SIZE, BY TURBINE CAPACITY, 2018-2032 (USD MILLION)
TABLE 75. AMERICAS OFFSHORE WIND POWER MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 76. AMERICAS OFFSHORE WIND POWER MARKET SIZE, BY END-USER, 2018-2032 (USD MILLION)
TABLE 77. NORTH AMERICA OFFSHORE WIND POWER MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 78. NORTH AMERICA OFFSHORE WIND POWER MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 79. NORTH AMERICA OFFSHORE WIND POWER MARKET SIZE, BY ELECTRICAL INFRASTRUCTURE, 2018-2032 (USD MILLION)
TABLE 80. NORTH AMERICA OFFSHORE WIND POWER MARKET SIZE, BY SUBSTRUCTURE, 2018-2032 (USD MILLION)
TABLE 81. NORTH AMERICA OFFSHORE WIND POWER MARKET SIZE, BY TURBINES, 2018-2032 (USD MILLION)
TABLE 82. NORTH AMERICA OFFSHORE WIND POWER MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 83. NORTH AMERICA OFFSHORE WIND POWER MARKET SIZE, BY TURBINE CAPACITY, 2018-2032 (USD MILLION)
TABLE 84. NORTH AMERICA OFFSHORE WIND POWER MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 85. NORTH AMERICA OFFSHORE WIND POWER MARKET SIZE, BY END-USER, 2018-2032 (USD MILLION)
TABLE 86. LATIN AMERICA OFFSHORE WIND POWER MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 87. LATIN AMERICA OFFSHORE WIND POWER MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 88. LATIN AMERICA OFFSHORE WIND POWER MARKET SIZE, BY ELECTRICAL INFRASTRUCTURE, 2018-2032 (USD MILLION)
TABLE 89. LATIN AMERICA OFFSHORE WIND POWER MARKET SIZE, BY SUBSTRUCTURE, 2018-2032 (USD MILLION)
TABLE 90. LATIN AMERICA OFFSHORE WIND POWER MARKET SIZE, BY TURBINES, 2018-2032 (USD MILLION)
TABLE 91. LATIN AMERICA OFFSHORE WIND POWER MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 92. LATIN AMERICA OFFSHORE WIND POWER MARKET SIZE, BY TURBINE CAPACITY, 2018-2032 (USD MILLION)
TABLE 93. LATIN AMERICA OFFSHORE WIND POWER MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 94. LATIN AMERICA OFFSHORE WIND POWER MARKET SIZE, BY END-USER, 2018-2032 (USD MILLION)
TABLE 95. EUROPE, MIDDLE EAST & AFRICA OFFSHORE WIND POWER MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 96. EUROPE, MIDDLE EAST & AFRICA OFFSHORE WIND POWER MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 97. EUROPE, MIDDLE EAST & AFRICA OFFSHORE WIND POWER MARKET SIZE, BY ELECTRICAL INFRASTRUCTURE, 2018-2032 (USD MILLION)
TABLE 98. EUROPE, MIDDLE EAST & AFRICA OFFSHORE WIND POWER MARKET SIZE, BY SUBSTRUCTURE, 2018-2032 (USD MILLION)
TABLE 99. EUROPE, MIDDLE EAST & AFRICA OFFSHORE WIND POWER MARKET SIZE, BY TURBINES, 2018-2032 (USD MILLION)
TABLE 100. EUROPE, MIDDLE EAST & AFRICA OFFSHORE WIND POWER MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 101. EUROPE, MIDDLE EAST & AFRICA OFFSHORE WIND POWER MARKET SIZE, BY TURBINE CAPACITY, 2018-2032 (USD MILLION)
TABLE 102. EUROPE, MIDDLE EAST & AFRICA OFFSHORE WIND POWER MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 103. EUROPE, MIDDLE EAST & AFRICA OFFSHORE WIND POWER MARKET SIZE, BY END-USER, 2018-2032 (USD MILLION)
TABLE 104. EUROPE OFFSHORE WIND POWER MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 105. EUROPE OFFSHORE WIND POWER MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 106. EUROPE OFFSHORE WIND POWER MARKET SIZE, BY ELECTRICAL INFRASTRUCTURE, 2018-2032 (USD MILLION)
TABLE 107. EUROPE OFFSHORE WIND POWER MARKET SIZE, BY SUBSTRUCTURE, 2018-2032 (USD MILLION)
TABLE 108. EUROPE OFFSHORE WIND POWER MARKET SIZE, BY TURBINES, 2018-2032 (USD MILLION)
TABLE 109. EUROPE OFFSHORE WIND POWER MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 110. EUROPE OFFSHORE WIND POWER MARKET SIZE, BY TURBINE CAPACITY, 2018-2032 (USD MILLION)
TABLE 111. EUROPE OFFSHORE WIND POWER MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 112. EUROPE OFFSHORE WIND POWER MARKET SIZE, BY END-USER, 2018-2032 (USD MILLION)
TABLE 113. MIDDLE EAST OFFSHORE WIND POWER MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 114. MIDDLE EAST OFFSHORE WIND POWER MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 115. MIDDLE EAST OFFSHORE WIND POWER MARKET SIZE, BY ELECTRICAL INFRASTRUCTURE, 2018-2032 (USD MILLION)
TABLE 116. MIDDLE EAST OFFSHORE WIND POWER MARKET SIZE, BY SUBSTRUCTURE, 2018-2032 (USD MILLION)
TABLE 117. MIDDLE EAST OFFSHORE WIND POWER MARKET SIZE, BY TURBINES, 2018-2032 (USD MILLION)
TABLE 118. MIDDLE EAST OFFSHORE WIND POWER MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 119. MIDDLE EAST OFFSHORE WIND POWER MARKET SIZE, BY TURBINE CAPACITY, 2018-2032 (USD MILLION)
TABLE 120. MIDDLE EAST OFFSHORE WIND POWER MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 121. MIDDLE EAST OFFSHORE WIND POWER MARKET SIZE, BY END-USER, 2018-2032 (USD MILLION)
TABLE 122. AFRICA OFFSHORE WIND POWER MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 123. AFRICA OFFSHORE WIND POWER MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 124. AFRICA OFFSHORE WIND POWER MARKET SIZE, BY ELECTRICAL INFRASTRUCTURE, 2018-2032 (USD MILLION)
TABLE 125. AFRICA OFFSHORE WIND POWER MARKET SIZE, BY SUBSTRUCTURE, 2018-2032 (USD MILLION)
TABLE 126. AFRICA OFFSHORE WIND POWER MARKET SIZE, BY TURBINES, 2018-2032 (USD MILLION)
TABLE 127. AFRICA OFFSHORE WIND POWER MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 128. AFRICA OFFSHORE WIND POWER MARKET SIZE, BY TURBINE CAPACITY, 2018-2032 (USD MILLION)
TABLE 129. AFRICA OFFSHORE WIND POWER MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 130. AFRICA OFFSHORE WIND POWER MARKET SIZE, BY END-USER, 2018-2032 (USD MILLION)
TABLE 131. ASIA-PACIFIC OFFSHORE WIND POWER MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 132. ASIA-PACIFIC OFFSHORE WIND POWER MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 133. ASIA-PACIFIC OFFSHORE WIND POWER MARKET SIZE, BY ELECTRICAL INFRASTRUCTURE, 2018-2032 (USD MILLION)
TABLE 134. ASIA-PACIFIC OFFSHORE WIND POWER MARKET SIZE, BY SUBSTRUCTURE, 2018-2032 (USD MILLION)
TABLE 135. ASIA-PACIFIC OFFSHORE WIND POWER MARKET SIZE, BY TURBINES, 2018-2032 (USD MILLION)
TABLE 136. ASIA-PACIFIC OFFSHORE WIND POWER MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 137. ASIA-PACIFIC OFFSHORE WIND POWER MARKET SIZE, BY TURBINE CAPACITY, 2018-2032 (USD MILLION)
TABLE 138. ASIA-PACIFIC OFFSHORE WIND POWER MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 139. ASIA-PACIFIC OFFSHORE WIND POWER MARKET SIZE, BY END-USER, 2018-2032 (USD MILLION)
TABLE 140. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 141. ASEAN OFFSHORE WIND POWER MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 142. ASEAN OFFSHORE WIND POWER MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 143. ASEAN OFFSHORE WIND POWER MARKET SIZE, BY ELECTRICAL INFRASTRUCTURE, 2018-2032 (USD MILLION)
TABLE 144. ASEAN OFFSHORE WIND POWER MARKET SIZE, BY SUBSTRUCTURE, 2018-2032 (USD MILLION)
TABLE 145. ASEAN OFFSHORE WIND POWER MARKET SIZE, BY TURBINES, 2018-2032 (USD MILLION)
TABLE 146. ASEAN OFFSHORE WIND POWER MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 147. ASEAN OFFSHORE WIND POWER MARKET SIZE, BY TURBINE CAPACITY, 2018-2032 (USD MILLION)
TABLE 148. ASEAN OFFSHORE WIND POWER MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 149. ASEAN OFFSHORE WIND POWER MARKET SIZE, BY END-USER, 2018-2032 (USD MILLION)
TABLE 150. GCC OFFSHORE WIND POWER MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 151. GCC OFFSHORE WIND POWER MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 152. GCC OFFSHORE WIND POWER MARKET SIZE, BY ELECTRICAL INFRASTRUCTURE, 2018-2032 (USD MILLION)
TABLE 153. GCC OFFSHORE WIND POWER MARKET SIZE, BY SUBSTRUCTURE, 2018-2032 (USD MILLION)
TABLE 154. GCC OFFSHORE WIND POWER MARKET SIZE, BY TURBINES, 2018-2032 (USD MILLION)
TABLE 155. GCC OFFSHORE WIND POWER MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 156. GCC OFFSHORE WIND POWER MARKET SIZE, BY TURBINE CAPACITY, 2018-2032 (USD MILLION)
TABLE 157. GCC OFFSHORE WIND POWER MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 158. GCC OFFSHORE WIND POWER MARKET SIZE, BY END-USER, 2018-2032 (USD MILLION)
TABLE 159. EUROPEAN UNION OFFSHORE WIND POWER MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 160. EUROPEAN UNION OFFSHORE WIND POWER MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 161. EUROPEAN UNION OFFSHORE WIND POWER MARKET SIZE, BY ELECTRICAL INFRASTRUCTURE, 2018-2032 (USD MILLION)
TABLE 162. EUROPEAN UNION OFFSHORE WIND POWER MARKET SIZE, BY SUBSTRUCTURE, 2018-2032 (USD MILLION)
TABLE 163. EUROPEAN UNION OFFSHORE WIND POWER MARKET SIZE, BY TURBINES, 2018-2032 (USD MILLION)
TABLE 164. EUROPEAN UNION OFFSHORE WIND POWER MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 165. EUROPEAN UNION OFFSHORE WIND POWER MARKET SIZE, BY TURBINE CAPACITY, 2018-2032 (USD MILLION)
TABLE 166. EUROPEAN UNION OFFSHORE WIND POWER MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 167. EUROPEAN UNION OFFSHORE WIND POWER MARKET SIZE, BY END-USER, 2018-2032 (USD MILLION)
TABLE 168. BRICS OFFSHORE WIND POWER MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 169. BRICS OFFSHORE WIND POWER MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 170. BRICS OFFSHORE WIND POWER MARKET SIZE, BY ELECTRICAL INFRASTRUCTURE, 2018-2032 (USD MILLION)
TABLE 171. BRICS OFFSHORE WIND POWER MARKET SIZE, BY SUBSTRUCTURE, 2018-2032 (USD MILLION)
TABLE 172. BRICS OFFSHORE WIND POWER MARKET SIZE, BY TURBINES, 2018-2032 (USD MILLION)
TABLE 173. BRICS OFFSHORE WIND POWER MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 174. BRICS OFFSHORE WIND POWER MARKET SIZE, BY TURBINE CAPACITY, 2018-2032 (USD MILLION)
TABLE 175. BRICS OFFSHORE WIND POWER MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 176. BRICS OFFSHORE WIND POWER MARKET SIZE, BY END-USER, 2018-2032 (USD MILLION)
TABLE 177. G7 OFFSHORE WIND POWER MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 178. G7 OFFSHORE WIND POWER MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 179. G7 OFFSHORE WIND POWER MARKET SIZE, BY ELECTRICAL INFRASTRUCTURE, 2018-2032 (USD MILLION)
TABLE 180. G7 OFFSHORE WIND POWER MARKET SIZE, BY SUBSTRUCTURE, 2018-2032 (USD MILLION)
TABLE 181. G7 OFFSHORE WIND POWER MARKET SIZE, BY TURBINES, 2018-2032 (USD MILLION)
TABLE 182. G7 OFFSHORE WIND POWER MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 183. G7 OFFSHORE WIND POWER MARKET SIZE, BY TURBINE CAPACITY, 2018-2032 (USD MILLION)
TABLE 184. G7 OFFSHORE WIND POWER MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 185. G7 OFFSHORE WIND POWER MARKET SIZE, BY END-USER, 2018-2032 (USD MILLION)
TABLE 186. NATO OFFSHORE WIND POWER MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 187. NATO OFFSHORE WIND POWER MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 188. NATO OFFSHORE WIND POWER MARKET SIZE, BY ELECTRICAL INFRASTRUCTURE, 2018-2032 (USD MILLION)
TABLE 189. NATO OFFSHORE WIND POWER MARKET SIZE, BY SUBSTRUCTURE, 2018-2032 (USD MILLION)
TABLE 190. NATO OFFSHORE WIND POWER MARKET SIZE, BY TURBINES, 2018-2032 (USD MILLION)
TABLE 191. NATO OFFSHORE WIND POWER MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 192. NATO OFFSHORE WIND POWER MARKET SIZE, BY TURBINE CAPACITY, 2018-2032 (USD MILLION)
TABLE 193. NATO OFFSHORE WIND POWER MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 194. NATO OFFSHORE WIND POWER MARKET SIZE, BY END-USER, 2018-2032 (USD MILLION)
TABLE 195. GLOBAL OFFSHORE WIND POWER MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 196. UNITED STATES OFFSHORE WIND POWER MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 197. UNITED STATES OFFSHORE WIND POWER MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 198. UNITED STATES OFFSHORE WIND POWER MARKET SIZE, BY ELECTRICAL INFRASTRUCTURE, 2018-2032 (USD MILLION)
TABLE 199. UNITED STATES OFFSHORE WIND POWER MARKET SIZE, BY SUBSTRUCTURE, 2018-2032 (USD MILLION)
TABLE 200. UNITED STATES OFFSHORE WIND POWER MARKET SIZE, BY TURBINES, 2018-2032 (USD MILLION)
TABLE 201. UNITED STATES OFFSHORE WIND POWER MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 202. UNITED STATES OFFSHORE WIND POWER MARKET SIZE, BY TURBINE CAPACITY, 2018-2032 (USD MILLION)
TABLE 203. UNITED STATES OFFSHORE WIND POWER MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 204. UNITED STATES OFFSHORE WIND POWER MARKET SIZE, BY END-USER, 2018-2032 (USD MILLION)
TABLE 205. CHINA OFFSHORE WIND POWER MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 206. CHINA OFFSHORE WIND POWER MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 207. CHINA OFFSHORE WIND POWER MARKET SIZE, BY ELECTRICAL INFRASTRUCTURE, 2018-2032 (USD MILLION)
TABLE 208. CHINA OFFSHORE WIND POWER MARKET SIZE, BY SUBSTRUCTURE, 2018-2032 (USD MILLION)
TABLE 209. CHINA OFFSHORE WIND POWER MARKET SIZE, BY TURBINES, 2018-2032 (USD MILLION)
TABLE 210. CHINA OFFSHORE WIND POWER MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 211. CHINA OFFSHORE WIND POWER MARKET SIZE, BY TURBINE CAPACITY, 2018-2032 (USD MILLION)
TABLE 212. CHINA OFFSHORE WIND POWER MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 213. CHINA OFFSHORE WIND POWER MARKET SIZE, BY END-USER, 2018-2032 (USD MILLION)

Companies Mentioned

The key companies profiled in this Offshore Wind Power market report include:
  • Acciona, SA
  • AEROVIDE GmbH
  • Alstom SA
  • AREVA S.A
  • Darwind B.V.
  • DNV AS Group
  • Dongfang Electric Corporation Ltd.
  • Doosan Enerbility Co., Ltd.
  • Duke Energy Corporation
  • EDF S.A
  • Enel S.p.A.
  • Envision Group
  • EON SE
  • Equinor ASA
  • GE Vernova
  • Goldwind Science&Technology Co., Ltd
  • Hitachi Energy Ltd.
  • Iberdrola, S.A.
  • NextEra Energy, Inc.
  • Nordex SE
  • Prysmian S.p.A
  • RWE AG
  • SEA WIND MANAGEMENT GmbH
  • Shanghai Electric Group Company Limited
  • Siemens AG
  • SSE plc
  • Suzlon Energy Limited
  • TGS Group
  • Vattenfall AB
  • Vestas Wind Systems A/S
  • Ørsted A/S

Table Information

Report AttributeDetails
No. of Pages187
PublishedJanuary 2026
Forecast Period2026 - 2032
Estimated Market Value ( USD ) in 2026 $ 36.32 Billion
Forecasted Market Value ( USD ) by 2032 $ 56.11 Billion
Compound Annual Growth Rate7.4%
Regions CoveredGlobal
No. of Companies Mentioned32

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About the Offshore Wind Power Market

Offshore Wind Power is a form of wind power that is generated from turbines located in bodies of water, such as oceans, seas, and large lakes. This type of wind power is becoming increasingly popular due to its potential to generate large amounts of energy with minimal environmental impact. Offshore wind turbines are typically larger than those used on land, and are designed to withstand the harsher conditions of the marine environment. Offshore Wind Power is a rapidly growing sector of the wind power industry, with many countries investing heavily in the technology. This is due to the potential for large-scale energy production, as well as the ability to access wind resources that are not available on land. Some of the major players in the Offshore Wind Power market include Ørsted, Siemens Gamesa, MHI Vestas, GE Renewable Energy, and Nordex. These companies are involved in the development, construction, and operation of offshore wind farms around the world. Show Less Read more

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