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The offshore wind turbine market is poised to grow by $54975 MT during 2022-2026, accelerating at a CAGR of 24% during the forecast period. The report on the offshore wind turbine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by government support for wind energy projects, a decline in LCOE for wind power generation, and a rise in offshore installations.
The offshore wind turbine market is segmented as below:
By Substructures
- Monopiles
- Gravity foundation
- Others
By Geographical Landscape
- EMEA
- APAC
- Americas
The report on the offshore wind turbine market covers the following areas:
- Offshore wind turbine market sizing
- Offshore wind turbine market forecast
- Offshore wind turbine market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
Executive SummaryCustomer Landscape
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Substructures
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global offshore wind turbine market: Eaton Corporation Plc, ENERCON GmbH, General Electric Co., Hitachi Ltd., Nordex SE, Senvion SA, Siemens AG, Suzlon Energy Ltd., Vestas Wind System AS, and Xinjiang Goldwind Science & Technology Co. Ltd.Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is the rise in offshore installations.`
According to the report, one of the major drivers for this market is government support for wind energy projects.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Eaton Corporation Plc
- ENERCON GmbH
- General Electric Co.
- Hitachi Ltd.
- Nordex SE
- Senvion SA
- Siemens AG
- Suzlon Energy Ltd.
- Vestas Wind System AS
- Xinjiang Goldwind Science & Technology Co. Ltd.
