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Offshore Wind Turbines Market

Offshore Wind Turbines - Global Market Outlook (2019-2027)

4.1 (58 reviews)
Published: June 2020 ID: SMRC19290
4.1 (58 reviews)
Published: June 2020 ID: SMRC19290

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Offshore Wind Turbines Market is accounted for $37,841.09 million in 2019 and is expected to reach $82,303.13 million by 2027 growing at a CAGR of 10.2% during the forecast period. Some of the key factors propelling the market growth are introduction of climate change policies, efforts to reduce the use of fossil fuels, and investments in renewable energy sector. However, adoption of alternative clean energy souces is the restraining factor for the growth of the market.

Offshore wind turbines are set up in water bodies and are used for harvesting wind energy by. Due to the higher velocities of wind in offshore locations, these wind turbines ensure greater power delivery than their onshore counterparts.

By foundation type, the floating foundation segment is expected to grow at a significant market share during the forecast period because it can be installed and maintained at a relatively lower cost. On the basis of geography, Europe is anticipated to hold considerable market share during the forecast period due to the favourable government initiatives in the region.

Some of the key players in Offshore Wind Turbines Market include GE Wind Energy, Siemens Wind Power, Hitachi Ltd, Upwind Solutions Inc, Guodian United Power Technology Company Ltd, Vestas Wind Systems A/S, Senvion SA, Suzlon Group, Nordex S.E., Gamesa Corporacion Technologica SA, Envision Energy Limited, Enercon GmbH, and Xinjiang Goldwind Science & Technologies Co Ltd.

Capacities Covered:
• Upto 1 MW
• 1-3 MW
• 3-5 MW
• Above 5 MW

Foundation Types Covered:
• Floating Foundation
• Fixed Foundation

Applications Covered:
• Deep Water
• Shallow Water
• Transient Water

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary      
        
2 Preface    
   
 2.1 Abstract      
 2.2 Stake Holders     
 2.3 Research Scope     
 2.4 Research Methodology    
  2.4.1 Data Mining    
  2.4.2 Data Analysis    
  2.4.3 Data Validation    
  2.4.4 Research Approach    
 2.5 Research Sources      
  2.5.1 Primary Research Sources   
  2.5.2 Secondary Research Sources   
  2.5.3 Assumptions    
        
3 Market Trend Analysis     
 3.1 Introduction     
 3.2 Drivers      
 3.3 Restraints      
 3.4 Opportunities     
 3.5 Threats       
 3.6 Application Analysis     
 3.7 Emerging Markets     
 3.8 Impact of Covid-19     
        
4 Porters Five Force Analysis     
 4.1 Bargaining power of suppliers    
 4.2 Bargaining power of buyers    
 4.3 Threat of substitutes     
 4.4 Threat of new entrants    
 4.5 Competitive rivalry     
        
5 Global Offshore Wind Turbines Market, By Capacity   
 5.1 Introduction     
 5.2 Upto 1 MW     
 5.3 1-3 MW      
 5.4 3-5 MW      
 5.5 Above 5 MW     
        
6 Global Offshore Wind Turbines Market, By Foundation Type  
 6.1 Introduction     
 6.2 Floating Foundation     
 6.3 Fixed Foundation     
  6.3.1 Gravity Base    
  6.3.2 Monopile     
  6.3.3 Jacket     
  6.3.4 Tripod     
        
7 Global Offshore Wind Turbines Market, By Application  

 7.1 Introduction     
 7.2 Deep Water     
 7.3 Shallow Water     
 7.4 Transient Water     
        
8 Global Offshore Wind Turbines Market, By Geography  
 8.1 Introduction     
 8.2 North America     
  8.2.1 US      
  8.2.2 Canada     
  8.2.3 Mexico     
 8.3 Europe      
  8.3.1 Germany     
  8.3.2 UK     
  8.3.3 Italy     
  8.3.4 France     
  8.3.5 Spain     
  8.3.6 Rest of Europe    
 8.4 Asia Pacific     
  8.4.1 Japan     
  8.4.2 China     
  8.4.3 India     
  8.4.4 Australia     
  8.4.5 New Zealand    
  8.4.6 South Korea    
  8.4.7 Rest of Asia Pacific    
 8.5 South America     
  8.5.1 Argentina     
  8.5.2 Brazil     
  8.5.3 Chile     
  8.5.4 Rest of South America   
 8.6 Middle East & Africa     
  8.6.1 Saudi Arabia    
  8.6.2 UAE     
  8.6.3 Qatar     
  8.6.4 South Africa    
  8.6.5 Rest of Middle East & Africa   
        
9 Key Developments      
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures 
 9.2 Acquisitions & Mergers    
 9.3 New Product Launch     
 9.4 Expansions     
 9.5 Other Key Strategies     
        
10 Company Profiling      
 10.1 GE Wind Energy     
 10.2 Siemens Wind Power     
 10.3 Hitachi Ltd     
 10.4 Upwind Solutions Inc     
 10.5 Guodian United Power Technology Company Ltd  
 10.6 Vestas Wind Systems A/S    
 10.7 Senvion SA     
 10.8 Suzlon Group     
 10.9 Nordex S.E.     
 10.10 Gamesa Corporacion Technologica SA   
 10.11 Envision Energy Limited    
 10.12 Enercon GmbH     
 10.13 Xinjiang Goldwind Science & Technologies Co Ltd 


List of Tables       
1 Global Offshore Wind Turbines Market Outlook, By Region (2018-2027) ($MN)
2 Global Offshore Wind Turbines Market Outlook, By Capacity (2018-2027) ($MN)
3 Global Offshore Wind Turbines Market Outlook, By Upto 1 MW (2018-2027) ($MN)
4 Global Offshore Wind Turbines Market Outlook, By 1-3 MW (2018-2027) ($MN)
5 Global Offshore Wind Turbines Market Outlook, By 3-5 MW (2018-2027) ($MN)
6 Global Offshore Wind Turbines Market Outlook, By Above 5 MW (2018-2027) ($MN)
7 Global Offshore Wind Turbines Market Outlook, By Foundation Type (2018-2027) ($MN)
8 Global Offshore Wind Turbines Market Outlook, By Floating Foundation (2018-2027) ($MN)
9 Global Offshore Wind Turbines Market Outlook, By Fixed Foundation (2018-2027) ($MN)
10 Global Offshore Wind Turbines Market Outlook, By Gravity Base (2018-2027) ($MN)
11 Global Offshore Wind Turbines Market Outlook, By Monopile (2018-2027) ($MN)
12 Global Offshore Wind Turbines Market Outlook, By Jacket (2018-2027) ($MN)
13 Global Offshore Wind Turbines Market Outlook, By Tripod (2018-2027) ($MN)
14 Global Offshore Wind Turbines Market Outlook, By Application (2018-2027) ($MN)
15 Global Offshore Wind Turbines Market Outlook, By Deep Water (2018-2027) ($MN)
16 Global Offshore Wind Turbines Market Outlook, By Shallow Water (2018-2027) ($MN)
17 Global Offshore Wind Turbines Market Outlook, By Transient Water (2018-2027) ($MN)
18 North America Offshore Wind Turbines Market Outlook, By Country (2018-2027) ($MN)
19 North America Offshore Wind Turbines Market Outlook, By Capacity (2018-2027) ($MN)
20 North America Offshore Wind Turbines Market Outlook, By Upto 1 MW (2018-2027) ($MN)
21 North America Offshore Wind Turbines Market Outlook, By 1-3 MW (2018-2027) ($MN)
22 North America Offshore Wind Turbines Market Outlook, By 3-5 MW (2018-2027) ($MN)
23 North America Offshore Wind Turbines Market Outlook, By Above 5 MW (2018-2027) ($MN)
24 North America Offshore Wind Turbines Market Outlook, By Foundation Type (2018-2027) ($MN)
25 North America Offshore Wind Turbines Market Outlook, By Floating Foundation (2018-2027) ($MN)
26 North America Offshore Wind Turbines Market Outlook, By Fixed Foundation (2018-2027) ($MN)
27 North America Offshore Wind Turbines Market Outlook, By Gravity Base (2018-2027) ($MN)
28 North America Offshore Wind Turbines Market Outlook, By Monopile (2018-2027) ($MN)
29 North America Offshore Wind Turbines Market Outlook, By Jacket (2018-2027) ($MN)
30 North America Offshore Wind Turbines Market Outlook, By Tripod (2018-2027) ($MN)
31 North America Offshore Wind Turbines Market Outlook, By Application (2018-2027) ($MN)
32 North America Offshore Wind Turbines Market Outlook, By Deep Water (2018-2027) ($MN)
33 North America Offshore Wind Turbines Market Outlook, By Shallow Water (2018-2027) ($MN)
34 North America Offshore Wind Turbines Market Outlook, By Transient Water (2018-2027) ($MN)
35 Europe Offshore Wind Turbines Market Outlook, By Country (2018-2027) ($MN)
36 Europe Offshore Wind Turbines Market Outlook, By Capacity (2018-2027) ($MN)
37 Europe Offshore Wind Turbines Market Outlook, By Upto 1 MW (2018-2027) ($MN)
38 Europe Offshore Wind Turbines Market Outlook, By 1-3 MW (2018-2027) ($MN)
39 Europe Offshore Wind Turbines Market Outlook, By 3-5 MW (2018-2027) ($MN)
40 Europe Offshore Wind Turbines Market Outlook, By Above 5 MW (2018-2027) ($MN)
41 Europe Offshore Wind Turbines Market Outlook, By Foundation Type (2018-2027) ($MN)
42 Europe Offshore Wind Turbines Market Outlook, By Floating Foundation (2018-2027) ($MN)
43 Europe Offshore Wind Turbines Market Outlook, By Fixed Foundation (2018-2027) ($MN)
44 Europe Offshore Wind Turbines Market Outlook, By Gravity Base (2018-2027) ($MN)
45 Europe Offshore Wind Turbines Market Outlook, By Monopile (2018-2027) ($MN)
46 Europe Offshore Wind Turbines Market Outlook, By Jacket (2018-2027) ($MN)
47 Europe Offshore Wind Turbines Market Outlook, By Tripod (2018-2027) ($MN)
48 Europe Offshore Wind Turbines Market Outlook, By Application (2018-2027) ($MN)
49 Europe Offshore Wind Turbines Market Outlook, By Deep Water (2018-2027) ($MN)
50 Europe Offshore Wind Turbines Market Outlook, By Shallow Water (2018-2027) ($MN)
51 Europe Offshore Wind Turbines Market Outlook, By Transient Water (2018-2027) ($MN)
52 Asia Pacific Offshore Wind Turbines Market Outlook, By Country (2018-2027) ($MN)
53 Asia Pacific Offshore Wind Turbines Market Outlook, By Capacity (2018-2027) ($MN)
54 Asia Pacific Offshore Wind Turbines Market Outlook, By Upto 1 MW (2018-2027) ($MN)
55 Asia Pacific Offshore Wind Turbines Market Outlook, By 1-3 MW (2018-2027) ($MN)
56 Asia Pacific Offshore Wind Turbines Market Outlook, By 3-5 MW (2018-2027) ($MN)
57 Asia Pacific Offshore Wind Turbines Market Outlook, By Above 5 MW (2018-2027) ($MN)
58 Asia Pacific Offshore Wind Turbines Market Outlook, By Foundation Type (2018-2027) ($MN)
59 Asia Pacific Offshore Wind Turbines Market Outlook, By Floating Foundation (2018-2027) ($MN)
60 Asia Pacific Offshore Wind Turbines Market Outlook, By Fixed Foundation (2018-2027) ($MN)
61 Asia Pacific Offshore Wind Turbines Market Outlook, By Gravity Base (2018-2027) ($MN)
62 Asia Pacific Offshore Wind Turbines Market Outlook, By Monopile (2018-2027) ($MN)
63 Asia Pacific Offshore Wind Turbines Market Outlook, By Jacket (2018-2027) ($MN)
64 Asia Pacific Offshore Wind Turbines Market Outlook, By Tripod (2018-2027) ($MN)
65 Asia Pacific Offshore Wind Turbines Market Outlook, By Application (2018-2027) ($MN)
66 Asia Pacific Offshore Wind Turbines Market Outlook, By Deep Water (2018-2027) ($MN)
67 Asia Pacific Offshore Wind Turbines Market Outlook, By Shallow Water (2018-2027) ($MN)
68 Asia Pacific Offshore Wind Turbines Market Outlook, By Transient Water (2018-2027) ($MN)
69 South America Offshore Wind Turbines Market Outlook, By Country (2018-2027) ($MN)
70 South America Offshore Wind Turbines Market Outlook, By Capacity (2018-2027) ($MN)
71 South America Offshore Wind Turbines Market Outlook, By Upto 1 MW (2018-2027) ($MN)
72 South America Offshore Wind Turbines Market Outlook, By 1-3 MW (2018-2027) ($MN)
73 South America Offshore Wind Turbines Market Outlook, By 3-5 MW (2018-2027) ($MN)
74 South America Offshore Wind Turbines Market Outlook, By Above 5 MW (2018-2027) ($MN)
75 South America Offshore Wind Turbines Market Outlook, By Foundation Type (2018-2027) ($MN)
76 South America Offshore Wind Turbines Market Outlook, By Floating Foundation (2018-2027) ($MN)
77 South America Offshore Wind Turbines Market Outlook, By Fixed Foundation (2018-2027) ($MN)
78 South America Offshore Wind Turbines Market Outlook, By Gravity Base (2018-2027) ($MN)
79 South America Offshore Wind Turbines Market Outlook, By Monopile (2018-2027) ($MN)
80 South America Offshore Wind Turbines Market Outlook, By Jacket (2018-2027) ($MN)
81 South America Offshore Wind Turbines Market Outlook, By Tripod (2018-2027) ($MN)
82 South America Offshore Wind Turbines Market Outlook, By Application (2018-2027) ($MN)
83 South America Offshore Wind Turbines Market Outlook, By Deep Water (2018-2027) ($MN)
84 South America Offshore Wind Turbines Market Outlook, By Shallow Water (2018-2027) ($MN)
85 South America Offshore Wind Turbines Market Outlook, By Transient Water (2018-2027) ($MN)
86 Middle East & Africa Offshore Wind Turbines Market Outlook, By Country (2018-2027) ($MN)
87 Middle East & Africa Offshore Wind Turbines Market Outlook, By Capacity (2018-2027) ($MN)
88 Middle East & Africa Offshore Wind Turbines Market Outlook, By Upto 1 MW (2018-2027) ($MN)
89 Middle East & Africa Offshore Wind Turbines Market Outlook, By 1-3 MW (2018-2027) ($MN)
90 Middle East & Africa Offshore Wind Turbines Market Outlook, By 3-5 MW (2018-2027) ($MN)
91 Middle East & Africa Offshore Wind Turbines Market Outlook, By Above 5 MW (2018-2027) ($MN)
92 Middle East & Africa Offshore Wind Turbines Market Outlook, By Foundation Type (2018-2027) ($MN)
93 Middle East & Africa Offshore Wind Turbines Market Outlook, By Floating Foundation (2018-2027) ($MN)
94 Middle East & Africa Offshore Wind Turbines Market Outlook, By Fixed Foundation (2018-2027) ($MN)
95 Middle East & Africa Offshore Wind Turbines Market Outlook, By Gravity Base (2018-2027) ($MN)
96 Middle East & Africa Offshore Wind Turbines Market Outlook, By Monopile (2018-2027) ($MN)
97 Middle East & Africa Offshore Wind Turbines Market Outlook, By Jacket (2018-2027) ($MN)
98 Middle East & Africa Offshore Wind Turbines Market Outlook, By Tripod (2018-2027) ($MN)
99 Middle East & Africa Offshore Wind Turbines Market Outlook, By Application (2018-2027) ($MN)
100 Middle East & Africa Offshore Wind Turbines Market Outlook, By Deep Water (2018-2027) ($MN)
101 Middle East & Africa Offshore Wind Turbines Market Outlook, By Shallow Water (2018-2027) ($MN)
102 Middle East & Africa Offshore Wind Turbines Market Outlook, By Transient Water (2018-2027) ($MN)

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