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

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    Report

  • 196 Pages
  • January 2026
  • Region: Global
  • 360iResearch™
  • ID: 5460351
1h Free Analyst Time
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The offshore wind market is undergoing significant change, shaped by new technologies, more intricate supply networks, and evolving policy directives that recalibrate how projects are developed and executed by global industry stakeholders.

Market Snapshot: Offshore Wind Market Outlook

In 2025, the offshore wind market reached USD 50.62 billion and is projected to grow to USD 55.75 billion in 2026. With ongoing momentum, the sector is expected to maintain a CAGR of 10.11%, and by 2032, the total market value will likely reach USD 99.36 billion. This expansion reflects broad-based adoption of offshore wind across established and emerging geographies, complemented by rising investor confidence and a rapid succession of large-scale project announcements. Senior decision-makers remain focused on aligning capital strategies with market scaling and technology transitions to capture the resulting growth opportunities.

Scope & Segmentation

  • Turbine Technologies: Both fixed foundation wind turbines designed for shallow sites and advanced floating platforms suitable for deeper waters are considered, allowing developers to select optimal solutions for varied seabed and wind conditions.
  • Electrical Architectures: The report covers current industry preferences in electrical transmission, including the shift from AC to high voltage direct current (HVDC) systems and state-of-the-art power converter infrastructure.
  • Foundation Types: Various structures are examined, such as gravity base, jacket, monopile, and suction bucket foundations. Each offers specific advantages related to installation logistics, seabed geology, and project timelines.
  • Vessel Capabilities: Analysis includes roles of floating crane, heavy lift, and jack-up vessels, highlighting their importance in installation efficiency, operational adaptability, and port access planning.
  • Project Contract Structures: Reviews build-own-operate, build-own-operate-transfer, and end-to-end engineering, procurement and construction (EPC) models to guide selection of optimal risk-sharing and value delivery practices.
  • Project Stages: Detailed consideration is given to preconstruction, construction, and operational phases, recognizing their influence on total lifecycle cost, regulatory compliance, and partner coordination.
  • Regional Coverage: Market trends and strategic factors are analyzed in the Americas, Europe, Asia-Pacific, and the Middle East & Africa, with attention to policy frameworks, fabrication capabilities, and interconnection readiness in each region.

Key Takeaways for Senior Decision-Makers

  • Scaling up turbine size and increasing rotor diameters shifts project economics, favoring flexible installation and logistics solutions that adapt to growing component requirements.
  • Supply chain localization is a heightened priority, as regulatory trends push developers to fulfill stricter domestic content requirements and minimize exposure to cross-border risks.
  • Ongoing advances in foundation and grid connection systems enable projects to move further offshore, requiring new technical skills and deepening collaboration between engineering and operations teams.
  • Risk management in contracting now emphasizes supply chain reliability, robust domestic sourcing strategies, and clear performance milestones, directly impacting insurance and financing eligibility.
  • Digitalization emerges as a differentiator, with market leaders leveraging real-time monitoring and predictive maintenance software to optimize asset availability and support extended operating lifespans.
  • Integrated project partnerships among OEMs, vessel operators, and service firms help address increasingly complex permitting and grid connection challenges across the project lifecycle.

Tariff Impact on Procurement & Strategy

Following the 2025 tariff measures, the offshore wind sector responded by restructuring procurement and supplier relationships. Manufacturers have prioritized local production and advanced contract terms—including explicit tariff pass-through clauses—to protect against volatility. Investors and insurance providers now require comprehensive supply chain continuity and contingency plans, prompting developers to reconsider sourcing logic and invest in regional port and assembly infrastructure. This trend supports greater resilience against global trade risk and encourages scalable modular turbine deployment.

Methodology & Data Sources

This analysis is based on a mixed-methods research approach, blending structured interviews with experienced industry practitioners, focused technical workshops, and rigorous supply chain mapping. Quantitative scenario modeling and resilience assessments are included to ground findings in practical risks and prevailing policy landscapes.

Why This Report Matters

  • Enables executive teams to benchmark internal strategies against technology advancements, regulatory shifts, and supply chain trends identified in priority offshore wind markets.
  • Aids procurement, risk, and finance leaders in adapting operational policy responses and contractual structures to emerging tariff and local content requirements.
  • Positions companies to align investment and development priorities with diverse regional regulations and grid infrastructure challenges for sustained market leadership.

Conclusion

Success in the offshore wind sector now relies on modular system designs, agile supply chains, and cohesive value chain partnerships. Senior leaders can use this report to anticipate technology and policy developments and create resilient, future-ready project strategies.

 

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 Market, by Turbine Type
8.1. Fixed
8.2. Floating
9. Offshore Wind Market, by Substation Type
9.1. High Voltage Alternating Current
9.2. High Voltage Direct Current
9.2.1. Line Commutated Converter
9.2.2. Voltage Source Converter
10. Offshore Wind Market, by Foundation Type
10.1. Gravity Base
10.2. Jacket
10.3. Monopile
10.4. Suction Bucket
11. Offshore Wind Market, by Power Capacity
11.1. 3 To 6 MW
11.2. 6 To 10 MW
11.3. Less Than 3 MW
11.4. More Than 10 MW
12. Offshore Wind Market, by Contract Type
12.1. Build Own Operate
12.2. Build Own Operate Transfer
12.3. Engineering Procurement Construction
13. Offshore Wind Market, by Installation Vessel Type
13.1. Floating Crane Vessel
13.2. Heavy Lift Vessel
13.3. Jack Up Vessel
14. Offshore Wind Market, by Project Stage
14.1. Construction
14.2. Operation
14.3. Preconstruction
15. Offshore Wind Market, by Region
15.1. Americas
15.1.1. North America
15.1.2. Latin America
15.2. Europe, Middle East & Africa
15.2.1. Europe
15.2.2. Middle East
15.2.3. Africa
15.3. Asia-Pacific
16. Offshore Wind Market, by Group
16.1. ASEAN
16.2. GCC
16.3. European Union
16.4. BRICS
16.5. G7
16.6. NATO
17. Offshore Wind Market, by Country
17.1. United States
17.2. Canada
17.3. Mexico
17.4. Brazil
17.5. United Kingdom
17.6. Germany
17.7. France
17.8. Russia
17.9. Italy
17.10. Spain
17.11. China
17.12. India
17.13. Japan
17.14. Australia
17.15. South Korea
18. United States Offshore Wind Market
19. China Offshore Wind Market
20. Competitive Landscape
20.1. Market Concentration Analysis, 2025
20.1.1. Concentration Ratio (CR)
20.1.2. Herfindahl Hirschman Index (HHI)
20.2. Recent Developments & Impact Analysis, 2025
20.3. Product Portfolio Analysis, 2025
20.4. Benchmarking Analysis, 2025
20.5. ABB Ltd.
20.6. Avangrid, Inc.
20.7. BP p.l.c.
20.8. China Ming Yang Wind Power Group
20.9. Doosan Heavy Industries & Construction Co., Ltd.
20.10. EDP Renewables
20.11. EEW Group
20.12. EnBW Energie Baden-Württemberg AG
20.13. Engie
20.14. Envision Energy
20.15. Equinor ASA
20.16. FairWind
20.17. General Electric Company
20.18. Goldwind Science & Technology Co., Ltd.
20.19. Iberdrola, S.A.
20.20. Mainstream Renewable Power
20.21. Mingyang Smart Energy
20.22. Nordex SE
20.23. Ocean Winds
20.24. RWE Aktiengesellschaft
20.25. Seawind Ocean Technology
20.26. Shell plc
20.27. Siemens AG
20.28. Sinovel Wind Group
20.29. SSE plc
20.30. Suzlon Energy Limited
20.31. TotalEnergies SE
20.32. Van Oord
20.33. Vattenfall AB
20.34. Vestas Wind Systems
20.35. Ørsted A/S
List of Figures
FIGURE 1. GLOBAL OFFSHORE WIND MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 2. GLOBAL OFFSHORE WIND MARKET SHARE, BY KEY PLAYER, 2025
FIGURE 3. GLOBAL OFFSHORE WIND MARKET, FPNV POSITIONING MATRIX, 2025
FIGURE 4. GLOBAL OFFSHORE WIND MARKET SIZE, BY TURBINE TYPE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 5. GLOBAL OFFSHORE WIND MARKET SIZE, BY SUBSTATION TYPE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 6. GLOBAL OFFSHORE WIND MARKET SIZE, BY FOUNDATION TYPE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 7. GLOBAL OFFSHORE WIND MARKET SIZE, BY POWER CAPACITY, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 8. GLOBAL OFFSHORE WIND MARKET SIZE, BY CONTRACT TYPE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 9. GLOBAL OFFSHORE WIND MARKET SIZE, BY INSTALLATION VESSEL TYPE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 10. GLOBAL OFFSHORE WIND MARKET SIZE, BY PROJECT STAGE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 11. GLOBAL OFFSHORE WIND MARKET SIZE, BY REGION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 12. GLOBAL OFFSHORE WIND MARKET SIZE, BY GROUP, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 13. GLOBAL OFFSHORE WIND MARKET SIZE, BY COUNTRY, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 14. UNITED STATES OFFSHORE WIND MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 15. CHINA OFFSHORE WIND MARKET SIZE, 2018-2032 (USD MILLION)
List of Tables
TABLE 1. GLOBAL OFFSHORE WIND MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 2. GLOBAL OFFSHORE WIND MARKET SIZE, BY TURBINE TYPE, 2018-2032 (USD MILLION)
TABLE 3. GLOBAL OFFSHORE WIND MARKET SIZE, BY FIXED, BY REGION, 2018-2032 (USD MILLION)
TABLE 4. GLOBAL OFFSHORE WIND MARKET SIZE, BY FIXED, BY GROUP, 2018-2032 (USD MILLION)
TABLE 5. GLOBAL OFFSHORE WIND MARKET SIZE, BY FIXED, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 6. GLOBAL OFFSHORE WIND MARKET SIZE, BY FLOATING, BY REGION, 2018-2032 (USD MILLION)
TABLE 7. GLOBAL OFFSHORE WIND MARKET SIZE, BY FLOATING, BY GROUP, 2018-2032 (USD MILLION)
TABLE 8. GLOBAL OFFSHORE WIND MARKET SIZE, BY FLOATING, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 9. GLOBAL OFFSHORE WIND MARKET SIZE, BY SUBSTATION TYPE, 2018-2032 (USD MILLION)
TABLE 10. GLOBAL OFFSHORE WIND MARKET SIZE, BY HIGH VOLTAGE ALTERNATING CURRENT, BY REGION, 2018-2032 (USD MILLION)
TABLE 11. GLOBAL OFFSHORE WIND MARKET SIZE, BY HIGH VOLTAGE ALTERNATING CURRENT, BY GROUP, 2018-2032 (USD MILLION)
TABLE 12. GLOBAL OFFSHORE WIND MARKET SIZE, BY HIGH VOLTAGE ALTERNATING CURRENT, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 13. GLOBAL OFFSHORE WIND MARKET SIZE, BY HIGH VOLTAGE DIRECT CURRENT, BY REGION, 2018-2032 (USD MILLION)
TABLE 14. GLOBAL OFFSHORE WIND MARKET SIZE, BY HIGH VOLTAGE DIRECT CURRENT, BY GROUP, 2018-2032 (USD MILLION)
TABLE 15. GLOBAL OFFSHORE WIND MARKET SIZE, BY HIGH VOLTAGE DIRECT CURRENT, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 16. GLOBAL OFFSHORE WIND MARKET SIZE, BY HIGH VOLTAGE DIRECT CURRENT, 2018-2032 (USD MILLION)
TABLE 17. GLOBAL OFFSHORE WIND MARKET SIZE, BY LINE COMMUTATED CONVERTER, BY REGION, 2018-2032 (USD MILLION)
TABLE 18. GLOBAL OFFSHORE WIND MARKET SIZE, BY LINE COMMUTATED CONVERTER, BY GROUP, 2018-2032 (USD MILLION)
TABLE 19. GLOBAL OFFSHORE WIND MARKET SIZE, BY LINE COMMUTATED CONVERTER, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 20. GLOBAL OFFSHORE WIND MARKET SIZE, BY VOLTAGE SOURCE CONVERTER, BY REGION, 2018-2032 (USD MILLION)
TABLE 21. GLOBAL OFFSHORE WIND MARKET SIZE, BY VOLTAGE SOURCE CONVERTER, BY GROUP, 2018-2032 (USD MILLION)
TABLE 22. GLOBAL OFFSHORE WIND MARKET SIZE, BY VOLTAGE SOURCE CONVERTER, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 23. GLOBAL OFFSHORE WIND MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 24. GLOBAL OFFSHORE WIND MARKET SIZE, BY GRAVITY BASE, BY REGION, 2018-2032 (USD MILLION)
TABLE 25. GLOBAL OFFSHORE WIND MARKET SIZE, BY GRAVITY BASE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 26. GLOBAL OFFSHORE WIND MARKET SIZE, BY GRAVITY BASE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 27. GLOBAL OFFSHORE WIND MARKET SIZE, BY JACKET, BY REGION, 2018-2032 (USD MILLION)
TABLE 28. GLOBAL OFFSHORE WIND MARKET SIZE, BY JACKET, BY GROUP, 2018-2032 (USD MILLION)
TABLE 29. GLOBAL OFFSHORE WIND MARKET SIZE, BY JACKET, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 30. GLOBAL OFFSHORE WIND MARKET SIZE, BY MONOPILE, BY REGION, 2018-2032 (USD MILLION)
TABLE 31. GLOBAL OFFSHORE WIND MARKET SIZE, BY MONOPILE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 32. GLOBAL OFFSHORE WIND MARKET SIZE, BY MONOPILE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 33. GLOBAL OFFSHORE WIND MARKET SIZE, BY SUCTION BUCKET, BY REGION, 2018-2032 (USD MILLION)
TABLE 34. GLOBAL OFFSHORE WIND MARKET SIZE, BY SUCTION BUCKET, BY GROUP, 2018-2032 (USD MILLION)
TABLE 35. GLOBAL OFFSHORE WIND MARKET SIZE, BY SUCTION BUCKET, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 36. GLOBAL OFFSHORE WIND MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 37. GLOBAL OFFSHORE WIND MARKET SIZE, BY 3 TO 6 MW, BY REGION, 2018-2032 (USD MILLION)
TABLE 38. GLOBAL OFFSHORE WIND MARKET SIZE, BY 3 TO 6 MW, BY GROUP, 2018-2032 (USD MILLION)
TABLE 39. GLOBAL OFFSHORE WIND MARKET SIZE, BY 3 TO 6 MW, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 40. GLOBAL OFFSHORE WIND MARKET SIZE, BY 6 TO 10 MW, BY REGION, 2018-2032 (USD MILLION)
TABLE 41. GLOBAL OFFSHORE WIND MARKET SIZE, BY 6 TO 10 MW, BY GROUP, 2018-2032 (USD MILLION)
TABLE 42. GLOBAL OFFSHORE WIND MARKET SIZE, BY 6 TO 10 MW, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 43. GLOBAL OFFSHORE WIND MARKET SIZE, BY LESS THAN 3 MW, BY REGION, 2018-2032 (USD MILLION)
TABLE 44. GLOBAL OFFSHORE WIND MARKET SIZE, BY LESS THAN 3 MW, BY GROUP, 2018-2032 (USD MILLION)
TABLE 45. GLOBAL OFFSHORE WIND MARKET SIZE, BY LESS THAN 3 MW, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 46. GLOBAL OFFSHORE WIND MARKET SIZE, BY MORE THAN 10 MW, BY REGION, 2018-2032 (USD MILLION)
TABLE 47. GLOBAL OFFSHORE WIND MARKET SIZE, BY MORE THAN 10 MW, BY GROUP, 2018-2032 (USD MILLION)
TABLE 48. GLOBAL OFFSHORE WIND MARKET SIZE, BY MORE THAN 10 MW, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 49. GLOBAL OFFSHORE WIND MARKET SIZE, BY CONTRACT TYPE, 2018-2032 (USD MILLION)
TABLE 50. GLOBAL OFFSHORE WIND MARKET SIZE, BY BUILD OWN OPERATE, BY REGION, 2018-2032 (USD MILLION)
TABLE 51. GLOBAL OFFSHORE WIND MARKET SIZE, BY BUILD OWN OPERATE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 52. GLOBAL OFFSHORE WIND MARKET SIZE, BY BUILD OWN OPERATE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 53. GLOBAL OFFSHORE WIND MARKET SIZE, BY BUILD OWN OPERATE TRANSFER, BY REGION, 2018-2032 (USD MILLION)
TABLE 54. GLOBAL OFFSHORE WIND MARKET SIZE, BY BUILD OWN OPERATE TRANSFER, BY GROUP, 2018-2032 (USD MILLION)
TABLE 55. GLOBAL OFFSHORE WIND MARKET SIZE, BY BUILD OWN OPERATE TRANSFER, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 56. GLOBAL OFFSHORE WIND MARKET SIZE, BY ENGINEERING PROCUREMENT CONSTRUCTION, BY REGION, 2018-2032 (USD MILLION)
TABLE 57. GLOBAL OFFSHORE WIND MARKET SIZE, BY ENGINEERING PROCUREMENT CONSTRUCTION, BY GROUP, 2018-2032 (USD MILLION)
TABLE 58. GLOBAL OFFSHORE WIND MARKET SIZE, BY ENGINEERING PROCUREMENT CONSTRUCTION, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 59. GLOBAL OFFSHORE WIND MARKET SIZE, BY INSTALLATION VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 60. GLOBAL OFFSHORE WIND MARKET SIZE, BY FLOATING CRANE VESSEL, BY REGION, 2018-2032 (USD MILLION)
TABLE 61. GLOBAL OFFSHORE WIND MARKET SIZE, BY FLOATING CRANE VESSEL, BY GROUP, 2018-2032 (USD MILLION)
TABLE 62. GLOBAL OFFSHORE WIND MARKET SIZE, BY FLOATING CRANE VESSEL, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 63. GLOBAL OFFSHORE WIND MARKET SIZE, BY HEAVY LIFT VESSEL, BY REGION, 2018-2032 (USD MILLION)
TABLE 64. GLOBAL OFFSHORE WIND MARKET SIZE, BY HEAVY LIFT VESSEL, BY GROUP, 2018-2032 (USD MILLION)
TABLE 65. GLOBAL OFFSHORE WIND MARKET SIZE, BY HEAVY LIFT VESSEL, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 66. GLOBAL OFFSHORE WIND MARKET SIZE, BY JACK UP VESSEL, BY REGION, 2018-2032 (USD MILLION)
TABLE 67. GLOBAL OFFSHORE WIND MARKET SIZE, BY JACK UP VESSEL, BY GROUP, 2018-2032 (USD MILLION)
TABLE 68. GLOBAL OFFSHORE WIND MARKET SIZE, BY JACK UP VESSEL, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 69. GLOBAL OFFSHORE WIND MARKET SIZE, BY PROJECT STAGE, 2018-2032 (USD MILLION)
TABLE 70. GLOBAL OFFSHORE WIND MARKET SIZE, BY CONSTRUCTION, BY REGION, 2018-2032 (USD MILLION)
TABLE 71. GLOBAL OFFSHORE WIND MARKET SIZE, BY CONSTRUCTION, BY GROUP, 2018-2032 (USD MILLION)
TABLE 72. GLOBAL OFFSHORE WIND MARKET SIZE, BY CONSTRUCTION, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 73. GLOBAL OFFSHORE WIND MARKET SIZE, BY OPERATION, BY REGION, 2018-2032 (USD MILLION)
TABLE 74. GLOBAL OFFSHORE WIND MARKET SIZE, BY OPERATION, BY GROUP, 2018-2032 (USD MILLION)
TABLE 75. GLOBAL OFFSHORE WIND MARKET SIZE, BY OPERATION, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 76. GLOBAL OFFSHORE WIND MARKET SIZE, BY PRECONSTRUCTION, BY REGION, 2018-2032 (USD MILLION)
TABLE 77. GLOBAL OFFSHORE WIND MARKET SIZE, BY PRECONSTRUCTION, BY GROUP, 2018-2032 (USD MILLION)
TABLE 78. GLOBAL OFFSHORE WIND MARKET SIZE, BY PRECONSTRUCTION, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 79. GLOBAL OFFSHORE WIND MARKET SIZE, BY REGION, 2018-2032 (USD MILLION)
TABLE 80. AMERICAS OFFSHORE WIND MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 81. AMERICAS OFFSHORE WIND MARKET SIZE, BY TURBINE TYPE, 2018-2032 (USD MILLION)
TABLE 82. AMERICAS OFFSHORE WIND MARKET SIZE, BY SUBSTATION TYPE, 2018-2032 (USD MILLION)
TABLE 83. AMERICAS OFFSHORE WIND MARKET SIZE, BY HIGH VOLTAGE DIRECT CURRENT, 2018-2032 (USD MILLION)
TABLE 84. AMERICAS OFFSHORE WIND MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 85. AMERICAS OFFSHORE WIND MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 86. AMERICAS OFFSHORE WIND MARKET SIZE, BY CONTRACT TYPE, 2018-2032 (USD MILLION)
TABLE 87. AMERICAS OFFSHORE WIND MARKET SIZE, BY INSTALLATION VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 88. AMERICAS OFFSHORE WIND MARKET SIZE, BY PROJECT STAGE, 2018-2032 (USD MILLION)
TABLE 89. NORTH AMERICA OFFSHORE WIND MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 90. NORTH AMERICA OFFSHORE WIND MARKET SIZE, BY TURBINE TYPE, 2018-2032 (USD MILLION)
TABLE 91. NORTH AMERICA OFFSHORE WIND MARKET SIZE, BY SUBSTATION TYPE, 2018-2032 (USD MILLION)
TABLE 92. NORTH AMERICA OFFSHORE WIND MARKET SIZE, BY HIGH VOLTAGE DIRECT CURRENT, 2018-2032 (USD MILLION)
TABLE 93. NORTH AMERICA OFFSHORE WIND MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 94. NORTH AMERICA OFFSHORE WIND MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 95. NORTH AMERICA OFFSHORE WIND MARKET SIZE, BY CONTRACT TYPE, 2018-2032 (USD MILLION)
TABLE 96. NORTH AMERICA OFFSHORE WIND MARKET SIZE, BY INSTALLATION VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 97. NORTH AMERICA OFFSHORE WIND MARKET SIZE, BY PROJECT STAGE, 2018-2032 (USD MILLION)
TABLE 98. LATIN AMERICA OFFSHORE WIND MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 99. LATIN AMERICA OFFSHORE WIND MARKET SIZE, BY TURBINE TYPE, 2018-2032 (USD MILLION)
TABLE 100. LATIN AMERICA OFFSHORE WIND MARKET SIZE, BY SUBSTATION TYPE, 2018-2032 (USD MILLION)
TABLE 101. LATIN AMERICA OFFSHORE WIND MARKET SIZE, BY HIGH VOLTAGE DIRECT CURRENT, 2018-2032 (USD MILLION)
TABLE 102. LATIN AMERICA OFFSHORE WIND MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 103. LATIN AMERICA OFFSHORE WIND MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 104. LATIN AMERICA OFFSHORE WIND MARKET SIZE, BY CONTRACT TYPE, 2018-2032 (USD MILLION)
TABLE 105. LATIN AMERICA OFFSHORE WIND MARKET SIZE, BY INSTALLATION VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 106. LATIN AMERICA OFFSHORE WIND MARKET SIZE, BY PROJECT STAGE, 2018-2032 (USD MILLION)
TABLE 107. EUROPE, MIDDLE EAST & AFRICA OFFSHORE WIND MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 108. EUROPE, MIDDLE EAST & AFRICA OFFSHORE WIND MARKET SIZE, BY TURBINE TYPE, 2018-2032 (USD MILLION)
TABLE 109. EUROPE, MIDDLE EAST & AFRICA OFFSHORE WIND MARKET SIZE, BY SUBSTATION TYPE, 2018-2032 (USD MILLION)
TABLE 110. EUROPE, MIDDLE EAST & AFRICA OFFSHORE WIND MARKET SIZE, BY HIGH VOLTAGE DIRECT CURRENT, 2018-2032 (USD MILLION)
TABLE 111. EUROPE, MIDDLE EAST & AFRICA OFFSHORE WIND MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 112. EUROPE, MIDDLE EAST & AFRICA OFFSHORE WIND MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 113. EUROPE, MIDDLE EAST & AFRICA OFFSHORE WIND MARKET SIZE, BY CONTRACT TYPE, 2018-2032 (USD MILLION)
TABLE 114. EUROPE, MIDDLE EAST & AFRICA OFFSHORE WIND MARKET SIZE, BY INSTALLATION VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 115. EUROPE, MIDDLE EAST & AFRICA OFFSHORE WIND MARKET SIZE, BY PROJECT STAGE, 2018-2032 (USD MILLION)
TABLE 116. EUROPE OFFSHORE WIND MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 117. EUROPE OFFSHORE WIND MARKET SIZE, BY TURBINE TYPE, 2018-2032 (USD MILLION)
TABLE 118. EUROPE OFFSHORE WIND MARKET SIZE, BY SUBSTATION TYPE, 2018-2032 (USD MILLION)
TABLE 119. EUROPE OFFSHORE WIND MARKET SIZE, BY HIGH VOLTAGE DIRECT CURRENT, 2018-2032 (USD MILLION)
TABLE 120. EUROPE OFFSHORE WIND MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 121. EUROPE OFFSHORE WIND MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 122. EUROPE OFFSHORE WIND MARKET SIZE, BY CONTRACT TYPE, 2018-2032 (USD MILLION)
TABLE 123. EUROPE OFFSHORE WIND MARKET SIZE, BY INSTALLATION VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 124. EUROPE OFFSHORE WIND MARKET SIZE, BY PROJECT STAGE, 2018-2032 (USD MILLION)
TABLE 125. MIDDLE EAST OFFSHORE WIND MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 126. MIDDLE EAST OFFSHORE WIND MARKET SIZE, BY TURBINE TYPE, 2018-2032 (USD MILLION)
TABLE 127. MIDDLE EAST OFFSHORE WIND MARKET SIZE, BY SUBSTATION TYPE, 2018-2032 (USD MILLION)
TABLE 128. MIDDLE EAST OFFSHORE WIND MARKET SIZE, BY HIGH VOLTAGE DIRECT CURRENT, 2018-2032 (USD MILLION)
TABLE 129. MIDDLE EAST OFFSHORE WIND MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 130. MIDDLE EAST OFFSHORE WIND MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 131. MIDDLE EAST OFFSHORE WIND MARKET SIZE, BY CONTRACT TYPE, 2018-2032 (USD MILLION)
TABLE 132. MIDDLE EAST OFFSHORE WIND MARKET SIZE, BY INSTALLATION VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 133. MIDDLE EAST OFFSHORE WIND MARKET SIZE, BY PROJECT STAGE, 2018-2032 (USD MILLION)
TABLE 134. AFRICA OFFSHORE WIND MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 135. AFRICA OFFSHORE WIND MARKET SIZE, BY TURBINE TYPE, 2018-2032 (USD MILLION)
TABLE 136. AFRICA OFFSHORE WIND MARKET SIZE, BY SUBSTATION TYPE, 2018-2032 (USD MILLION)
TABLE 137. AFRICA OFFSHORE WIND MARKET SIZE, BY HIGH VOLTAGE DIRECT CURRENT, 2018-2032 (USD MILLION)
TABLE 138. AFRICA OFFSHORE WIND MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 139. AFRICA OFFSHORE WIND MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 140. AFRICA OFFSHORE WIND MARKET SIZE, BY CONTRACT TYPE, 2018-2032 (USD MILLION)
TABLE 141. AFRICA OFFSHORE WIND MARKET SIZE, BY INSTALLATION VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 142. AFRICA OFFSHORE WIND MARKET SIZE, BY PROJECT STAGE, 2018-2032 (USD MILLION)
TABLE 143. ASIA-PACIFIC OFFSHORE WIND MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 144. ASIA-PACIFIC OFFSHORE WIND MARKET SIZE, BY TURBINE TYPE, 2018-2032 (USD MILLION)
TABLE 145. ASIA-PACIFIC OFFSHORE WIND MARKET SIZE, BY SUBSTATION TYPE, 2018-2032 (USD MILLION)
TABLE 146. ASIA-PACIFIC OFFSHORE WIND MARKET SIZE, BY HIGH VOLTAGE DIRECT CURRENT, 2018-2032 (USD MILLION)
TABLE 147. ASIA-PACIFIC OFFSHORE WIND MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 148. ASIA-PACIFIC OFFSHORE WIND MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 149. ASIA-PACIFIC OFFSHORE WIND MARKET SIZE, BY CONTRACT TYPE, 2018-2032 (USD MILLION)
TABLE 150. ASIA-PACIFIC OFFSHORE WIND MARKET SIZE, BY INSTALLATION VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 151. ASIA-PACIFIC OFFSHORE WIND MARKET SIZE, BY PROJECT STAGE, 2018-2032 (USD MILLION)
TABLE 152. GLOBAL OFFSHORE WIND MARKET SIZE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 153. ASEAN OFFSHORE WIND MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 154. ASEAN OFFSHORE WIND MARKET SIZE, BY TURBINE TYPE, 2018-2032 (USD MILLION)
TABLE 155. ASEAN OFFSHORE WIND MARKET SIZE, BY SUBSTATION TYPE, 2018-2032 (USD MILLION)
TABLE 156. ASEAN OFFSHORE WIND MARKET SIZE, BY HIGH VOLTAGE DIRECT CURRENT, 2018-2032 (USD MILLION)
TABLE 157. ASEAN OFFSHORE WIND MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 158. ASEAN OFFSHORE WIND MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 159. ASEAN OFFSHORE WIND MARKET SIZE, BY CONTRACT TYPE, 2018-2032 (USD MILLION)
TABLE 160. ASEAN OFFSHORE WIND MARKET SIZE, BY INSTALLATION VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 161. ASEAN OFFSHORE WIND MARKET SIZE, BY PROJECT STAGE, 2018-2032 (USD MILLION)
TABLE 162. GCC OFFSHORE WIND MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 163. GCC OFFSHORE WIND MARKET SIZE, BY TURBINE TYPE, 2018-2032 (USD MILLION)
TABLE 164. GCC OFFSHORE WIND MARKET SIZE, BY SUBSTATION TYPE, 2018-2032 (USD MILLION)
TABLE 165. GCC OFFSHORE WIND MARKET SIZE, BY HIGH VOLTAGE DIRECT CURRENT, 2018-2032 (USD MILLION)
TABLE 166. GCC OFFSHORE WIND MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 167. GCC OFFSHORE WIND MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 168. GCC OFFSHORE WIND MARKET SIZE, BY CONTRACT TYPE, 2018-2032 (USD MILLION)
TABLE 169. GCC OFFSHORE WIND MARKET SIZE, BY INSTALLATION VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 170. GCC OFFSHORE WIND MARKET SIZE, BY PROJECT STAGE, 2018-2032 (USD MILLION)
TABLE 171. EUROPEAN UNION OFFSHORE WIND MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 172. EUROPEAN UNION OFFSHORE WIND MARKET SIZE, BY TURBINE TYPE, 2018-2032 (USD MILLION)
TABLE 173. EUROPEAN UNION OFFSHORE WIND MARKET SIZE, BY SUBSTATION TYPE, 2018-2032 (USD MILLION)
TABLE 174. EUROPEAN UNION OFFSHORE WIND MARKET SIZE, BY HIGH VOLTAGE DIRECT CURRENT, 2018-2032 (USD MILLION)
TABLE 175. EUROPEAN UNION OFFSHORE WIND MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 176. EUROPEAN UNION OFFSHORE WIND MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 177. EUROPEAN UNION OFFSHORE WIND MARKET SIZE, BY CONTRACT TYPE, 2018-2032 (USD MILLION)
TABLE 178. EUROPEAN UNION OFFSHORE WIND MARKET SIZE, BY INSTALLATION VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 179. EUROPEAN UNION OFFSHORE WIND MARKET SIZE, BY PROJECT STAGE, 2018-2032 (USD MILLION)
TABLE 180. BRICS OFFSHORE WIND MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 181. BRICS OFFSHORE WIND MARKET SIZE, BY TURBINE TYPE, 2018-2032 (USD MILLION)
TABLE 182. BRICS OFFSHORE WIND MARKET SIZE, BY SUBSTATION TYPE, 2018-2032 (USD MILLION)
TABLE 183. BRICS OFFSHORE WIND MARKET SIZE, BY HIGH VOLTAGE DIRECT CURRENT, 2018-2032 (USD MILLION)
TABLE 184. BRICS OFFSHORE WIND MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 185. BRICS OFFSHORE WIND MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 186. BRICS OFFSHORE WIND MARKET SIZE, BY CONTRACT TYPE, 2018-2032 (USD MILLION)
TABLE 187. BRICS OFFSHORE WIND MARKET SIZE, BY INSTALLATION VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 188. BRICS OFFSHORE WIND MARKET SIZE, BY PROJECT STAGE, 2018-2032 (USD MILLION)
TABLE 189. G7 OFFSHORE WIND MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 190. G7 OFFSHORE WIND MARKET SIZE, BY TURBINE TYPE, 2018-2032 (USD MILLION)
TABLE 191. G7 OFFSHORE WIND MARKET SIZE, BY SUBSTATION TYPE, 2018-2032 (USD MILLION)
TABLE 192. G7 OFFSHORE WIND MARKET SIZE, BY HIGH VOLTAGE DIRECT CURRENT, 2018-2032 (USD MILLION)
TABLE 193. G7 OFFSHORE WIND MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 194. G7 OFFSHORE WIND MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 195. G7 OFFSHORE WIND MARKET SIZE, BY CONTRACT TYPE, 2018-2032 (USD MILLION)
TABLE 196. G7 OFFSHORE WIND MARKET SIZE, BY INSTALLATION VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 197. G7 OFFSHORE WIND MARKET SIZE, BY PROJECT STAGE, 2018-2032 (USD MILLION)
TABLE 198. NATO OFFSHORE WIND MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 199. NATO OFFSHORE WIND MARKET SIZE, BY TURBINE TYPE, 2018-2032 (USD MILLION)
TABLE 200. NATO OFFSHORE WIND MARKET SIZE, BY SUBSTATION TYPE, 2018-2032 (USD MILLION)
TABLE 201. NATO OFFSHORE WIND MARKET SIZE, BY HIGH VOLTAGE DIRECT CURRENT, 2018-2032 (USD MILLION)
TABLE 202. NATO OFFSHORE WIND MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 203. NATO OFFSHORE WIND MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 204. NATO OFFSHORE WIND MARKET SIZE, BY CONTRACT TYPE, 2018-2032 (USD MILLION)
TABLE 205. NATO OFFSHORE WIND MARKET SIZE, BY INSTALLATION VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 206. NATO OFFSHORE WIND MARKET SIZE, BY PROJECT STAGE, 2018-2032 (USD MILLION)
TABLE 207. GLOBAL OFFSHORE WIND MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 208. UNITED STATES OFFSHORE WIND MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 209. UNITED STATES OFFSHORE WIND MARKET SIZE, BY TURBINE TYPE, 2018-2032 (USD MILLION)
TABLE 210. UNITED STATES OFFSHORE WIND MARKET SIZE, BY SUBSTATION TYPE, 2018-2032 (USD MILLION)
TABLE 211. UNITED STATES OFFSHORE WIND MARKET SIZE, BY HIGH VOLTAGE DIRECT CURRENT, 2018-2032 (USD MILLION)
TABLE 212. UNITED STATES OFFSHORE WIND MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 213. UNITED STATES OFFSHORE WIND MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 214. UNITED STATES OFFSHORE WIND MARKET SIZE, BY CONTRACT TYPE, 2018-2032 (USD MILLION)
TABLE 215. UNITED STATES OFFSHORE WIND MARKET SIZE, BY INSTALLATION VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 216. UNITED STATES OFFSHORE WIND MARKET SIZE, BY PROJECT STAGE, 2018-2032 (USD MILLION)
TABLE 217. CHINA OFFSHORE WIND MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 218. CHINA OFFSHORE WIND MARKET SIZE, BY TURBINE TYPE, 2018-2032 (USD MILLION)
TABLE 219. CHINA OFFSHORE WIND MARKET SIZE, BY SUBSTATION TYPE, 2018-2032 (USD MILLION)
TABLE 220. CHINA OFFSHORE WIND MARKET SIZE, BY HIGH VOLTAGE DIRECT CURRENT, 2018-2032 (USD MILLION)
TABLE 221. CHINA OFFSHORE WIND MARKET SIZE, BY FOUNDATION TYPE, 2018-2032 (USD MILLION)
TABLE 222. CHINA OFFSHORE WIND MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 223. CHINA OFFSHORE WIND MARKET SIZE, BY CONTRACT TYPE, 2018-2032 (USD MILLION)
TABLE 224. CHINA OFFSHORE WIND MARKET SIZE, BY INSTALLATION VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 225. CHINA OFFSHORE WIND MARKET SIZE, BY PROJECT STAGE, 2018-2032 (USD MILLION)

Companies Mentioned

The key companies profiled in this Offshore Wind market report include:
  • ABB Ltd.
  • Avangrid, Inc.
  • BP p.l.c.
  • China Ming Yang Wind Power Group
  • Doosan Heavy Industries & Construction Co., Ltd.
  • EDP Renewables
  • EEW Group
  • EnBW Energie Baden-Württemberg AG
  • Engie
  • Envision Energy
  • Equinor ASA
  • FairWind
  • General Electric Company
  • Goldwind Science & Technology Co., Ltd.
  • Iberdrola, S.A.
  • Mainstream Renewable Power
  • Mingyang Smart Energy
  • Nordex SE
  • Ocean Winds
  • RWE Aktiengesellschaft
  • Seawind Ocean Technology
  • Shell plc
  • Siemens AG
  • Sinovel Wind Group
  • SSE plc
  • Suzlon Energy Limited
  • TotalEnergies SE
  • Van Oord
  • Vattenfall AB
  • Vestas Wind Systems
  • Ørsted A/S

Table Information

Report AttributeDetails
No. of Pages196
PublishedJanuary 2026
Forecast Period2026 - 2032
Estimated Market Value ( USD ) in 2026 $ 55.75 Billion
Forecasted Market Value ( USD ) by 2032 $ 99.36 Billion
Compound Annual Growth Rate10.1%
Regions CoveredGlobal
No. of Companies Mentioned32

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