Global Offshore Wind Energy Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 to 2025

  • ID: 4431669
  • Report
  • Region: Global
  • Acute Market Reports
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Offshore Wind Energy Market, By Geography - Growth, Future Prospects and Competitive Analysis, 2017 - 2025, the offshore wind energy market was 15.0 GW in 2017, and is expected to reach 65.5 GW by 2025, expanding at a CAGR of 12.0% from 2017 to 2025.

Market Insights

offshore wind energy market is projected to witness robust growth owing to increasing investment in offshore wind energy projects. Rising energy demand and growing concerns over the emission of greenhouse gases is influencing the governments to promote the adoption renewable energy source such as wind and solar. Increasing investment in the offshore wind projects especially in is anticipated to fuel the growth of offshore wind energy market. However, high cost of installation, delayed regulatory approvals and stringent labour laws are factors expected to restraint the growth of offshore wind energy market during the forecast period (2016-2024).

U.K. was the largest market for offshore wind energy in 2015 among all an countries. Increasing investment in offshore wind energy projects from private sector coupled with favorable government policies such as Energy Act, 2013 and establishment of Offshore Wind Cost Reduction Task Force to achieve levelised costs of offshore wind to £100 per MW/h by 2020 represent high growth for the offshore wind energy market during the forecast period (2016-2024).

Germany is projected to be the fastest growing segment among all an countries during the forecast period. High number of approved and pipeline projects coupled with increasing investment from private sector in offshore wind energy is anticipated to fuel the growth of offshore wind energy in the region. The country is anticipated to witness addition of 4.5 GW capacity of installation offshore wind energy from under construction projects in next five years. Further, approval of new projects and pipeline projects is projected to expand the installation capacity to 9.4 GW by 2020. The country also holds second largest market share on terms of installation capacity in . The country is projected to gain significant market share by 2023. Other regions such as Denmark and Netherlands are also anticipated to witness high growth during the forecast period (2016-2024).

Considering the competition, the offshore wind energy market is expected to witness a significant rise in investment in research and development with the focus to reduce installation cost of offshore wind installations. Further, market has witnessed strategic mergers and collaborations among offshore wind energy regional and global players. Such growth strategies are focused on increasing their market penetration in consuming economies.
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1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

2. Executive Summary
2.1. Offshore Wind Energy Market Snapshot
2.1.1. Offshore Wind Energy Market by Country, 2015
2.1.2. Market Drivers, Challenges and Future Prospects
2.1.3. Key Players

3. Global Offshore Wind Energy Market Dynamics
3.1. Market Overview
3.2. Value Chain Analysis
3.3. Cost Tear down Analysis of Offshore Wind Energy Systems
3.4. Global Offshore Wind Energy Market Overview
3.5. Market Share Analysis of wind turbine OEM’s
3.6. Comparison of Installed vs. Under construction wind projects by Country
3.7. Drivers
3.8. Challenges
3.9. Future Prospects
3.10. Impact Analysis of Drivers and Challenges
3.11. Porter’s Five Force Analysis
3.11.1. Bargaining Power Of Suppliers
3.11.2. Bargaining Power Of Buyers
3.11.3. Threat Of Substitutes
3.11.4. Threat Of New Entrants
3.11.5. Industry Rivalry

4. Offshore Wind Energy Market Size (US$ Mn) (MW), By Geography, 2015 - 2025
4.1. Overview
4.1.1. Market Share Analysis by Geography, 2015 - 2025
4.1.2. Attractive Investment Proposition by Country
4.2. Offshore Wind Energy Market Size (US$ Mn) (MW), By Country, 2015 - 2025
4.2.1. Germany
4.2.2. U.K.
4.2.3. Denmark
4.2.4. Belgium
4.2.5. Netherlands
4.2.6. Sweden
4.2.7. Rest of Europe

5. Company Profiles
5.1. Competitive Dashboard
5.2. Key Players
5.2.1. Dong Energy A/S
5.2.1.1. Business Description
5.2.1.2. Financial Information
5.2.1.3. Product Positions/Portfolio
5.2.1.4. Key Developments
5.2.1.5. SWOT Analysis
5.2.2. Siemens Wind Power
5.2.3. Goldwind Science and Technology Co., Ltd.
5.2.4. GE Wind Energy
5.2.5. Sinovel Wind Group Co., Ltd.
5.2.6. Gamesa Corporacion Tecnologica SA
5.2.7. Suzlon Group
5.2.8. Nordex SE
5.2.9. Vestas Wind Systems A/S
5.2.10. Other Notable Players

List of Figures
Figure 01: Offshore Wind Energy Market Revenue (US$ Mn) Forecast, 2015 - 2025
Figure 02: Offshore Wind Energy Market by Installation Capacity (MW) Forecast, 2015 - 2025
Figure 03: Offshore Wind Energy Market Share Analysis (%) by Country, 2015 - 2025
Figure 04: Offshore Wind Energy Market Investment Proposition by Country, 2016
Figure 05: Germany Offshore Wind Energy Market by Installation Capacity (MW) Forecast, 2015 - 2025
Figure 06: U.K. Offshore Wind Energy Market by Installation Capacity (MW) Forecast, 2015 - 2025
Figure 07: Denmark Offshore Wind Energy Market by Installation Capacity (MW) Forecast, 2015 - 2025
Figure 08: Belgium Offshore Wind Energy Market by Installation Capacity (MW) Forecast, 2015 - 2025
Figure 09: Netherlands Offshore Wind Energy Market by Installation Capacity (MW) Forecast, 2015 - 2025
Figure 10: Sweden Offshore Wind Energy Market by Installation Capacity (MW) Forecast, 2015 - 2025
Figure 11: Rest of Offshore Wind Energy Market by Installation Capacity (MW) Forecast, 2015 - 2025

List of Tables
Table 01: Offshore Wind Energy Market Revenue (US$ Mn) Forecast by Country, 2015 - 2025
Table 02: Offshore Wind Energy Market Volume (MW) Forecast by Country, 2015 - 2025
Table 03: Dong Energy A/S: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 04: Siemens Wind Power: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 05: Goldwind Science and Technology Co., Ltd.: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 06: GE Wind Energy: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 07: Sinovel Wind Group Co., Ltd.: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 08: Gamesa Corporacion Tecnologica SA: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 09: Suzlon Group: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 10: Nordex SE: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 11: Vestas Wind Systems A/S: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
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