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Offshore Wind Power Market 2024-2028

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    Report

  • 174 Pages
  • August 2024
  • Region: Global
  • TechNavio
  • ID: 5710074
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The offshore wind power market is forecasted to grow by USD 33.96 billion during 2023-2028, accelerating at a CAGR of 17.17% during the forecast period. The report on the offshore wind power market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in global energy demand, rising government support, and declining lcoe of wind power generation.

The offshore wind power market is segmented as below:

By Type

  • Monopile
  • Jacket
  • Others

By Product Type

  • Fixed structure
  • Floating structure

By Geographical Landscape

  • Europe
  • APAC
  • North America
  • South America
  • Middle East and Africa
This study identifies the rising popularity of clean energy technologies as one of the prime reasons driving the offshore wind power market growth during the next few years. Also, technological developments in wind power market and rising popularity of floating wind turbines will lead to sizable demand in the market.

The report on the offshore wind power market covers the following areas:

  • Offshore wind power market sizing
  • Offshore wind power market forecast
  • Offshore wind power market industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading offshore wind power market vendors that include CAPE Holland BV, China Steel Corp., Dongfang Electric Corp. Ltd., Doosan Corp., Erndtebcker Eisenwerk GmbH and Co KG, General Electric Co., Hyosung Heavy Industries Corp., Hyundai Heavy Industries Co. Ltd., JDR Cable Systems Ltd., Lamprell Plc, Nexans SA, NKT AS, Nordex SE, Prysmian Spa, Senvion Wind Technology Pvt. Ltd., Siemens Gamesa Renewable Energy SA, Sinovel Wind Group Co. Ltd., Verdict Media Ltd., Vestas Wind Systems AS, and Xinjiang Goldwind Science and Technology Co. Ltd. Also, the offshore wind power market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 report 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 primary and secondary research. 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

1 Executive Summary
1.1 Market overview
  • Executive Summary - Chart on Market Overview
  • Executive Summary - Data Table on Market Overview
  • Executive Summary - Chart on Global Market Characteristics
  • Executive Summary - Chart on Market By Geographical Landscape
  • Executive Summary - Chart on Market Segmentation by Type
  • Executive Summary - Chart on Market Segmentation by Product Type
  • Executive Summary - Chart on Incremental Growth
  • Executive Summary - Data Table on Incremental Growth
  • Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
  • Parent Market
  • Data Table on - Parent Market
2.2 Market characteristics
  • Market characteristics analysis
2.3 Value chain analysis
  • Value Chain Analysis
3 Market Sizing
3.1 Market definition
  • Offerings of companies included in the market definition
3.2 Market segment analysis
  • Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
  • Chart on Global - Market size and forecast 2023-2028 ($ million)
  • Data Table on Global - Market size and forecast 2023-2028 ($ million)
  • Chart on Global Market: Year-over-year growth 2023-2028 (%)
  • Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Offshore Wind Power Market 2018 - 2022
  • Historic Market Size - Data Table on Global Offshore Wind Power Market 2018 - 2022 ($ million)
4.2 Type segment analysis 2018 - 2022
  • Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.3 Product Type segment analysis 2018 - 2022
  • Historic Market Size - Product Type Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
  • Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
  • Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
  • Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
  • Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
  • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
  • Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
  • Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
  • Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
  • Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
6.1 Market segments
  • Chart on Type - Market share 2023-2028 (%)
  • Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
  • Chart on Comparison by Type
  • Data Table on Comparison by Type
6.3 Monopile - Market size and forecast 2023-2028
  • Chart on Monopile - Market size and forecast 2023-2028 ($ million)
  • Data Table on Monopile - Market size and forecast 2023-2028 ($ million)
  • Chart on Monopile - Year-over-year growth 2023-2028 (%)
  • Data Table on Monopile - Year-over-year growth 2023-2028 (%)
6.4 Jacket - Market size and forecast 2023-2028
  • Chart on Jacket - Market size and forecast 2023-2028 ($ million)
  • Data Table on Jacket - Market size and forecast 2023-2028 ($ million)
  • Chart on Jacket - Year-over-year growth 2023-2028 (%)
  • Data Table on Jacket - Year-over-year growth 2023-2028 (%)
6.5 Others - Market size and forecast 2023-2028
  • Chart on Others - Market size and forecast 2023-2028 ($ million)
  • Data Table on Others - Market size and forecast 2023-2028 ($ million)
  • Chart on Others - Year-over-year growth 2023-2028 (%)
  • Data Table on Others - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Type
  • Market opportunity by Type ($ million)
  • Data Table on Market opportunity by Type ($ million)
7 Market Segmentation by Product Type
7.1 Market segments
  • Chart on Product Type - Market share 2023-2028 (%)
  • Data Table on Product Type - Market share 2023-2028 (%)
7.2 Comparison by Product Type
  • Chart on Comparison by Product Type
  • Data Table on Comparison by Product Type
7.3 Fixed structure - Market size and forecast 2023-2028
  • Chart on Fixed structure - Market size and forecast 2023-2028 ($ million)
  • Data Table on Fixed structure - Market size and forecast 2023-2028 ($ million)
  • Chart on Fixed structure - Year-over-year growth 2023-2028 (%)
  • Data Table on Fixed structure - Year-over-year growth 2023-2028 (%)
7.4 Floating structure - Market size and forecast 2023-2028
  • Chart on Floating structure - Market size and forecast 2023-2028 ($ million)
  • Data Table on Floating structure - Market size and forecast 2023-2028 ($ million)
  • Chart on Floating structure - Year-over-year growth 2023-2028 (%)
  • Data Table on Floating structure - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Product Type
  • Market opportunity by Product Type ($ million)
  • Data Table on Market opportunity by Product Type ($ million)
8 Customer Landscape
8.1 Customer landscape overview
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
  • Chart on Market share By Geographical Landscape 2023-2028 (%)
  • Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
  • Chart on Geographic comparison
  • Data Table on Geographic comparison
9.3 Europe - Market size and forecast 2023-2028
  • Chart on Europe - Market size and forecast 2023-2028 ($ million)
  • Data Table on Europe - Market size and forecast 2023-2028 ($ million)
  • Chart on Europe - Year-over-year growth 2023-2028 (%)
  • Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.4 APAC - Market size and forecast 2023-2028
  • Chart on APAC - Market size and forecast 2023-2028 ($ million)
  • Data Table on APAC - Market size and forecast 2023-2028 ($ million)
  • Chart on APAC - Year-over-year growth 2023-2028 (%)
  • Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.5 North America - Market size and forecast 2023-2028
  • Chart on North America - Market size and forecast 2023-2028 ($ million)
  • Data Table on North America - Market size and forecast 2023-2028 ($ million)
  • Chart on North America - Year-over-year growth 2023-2028 (%)
  • Data Table on North America - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
  • Chart on South America - Market size and forecast 2023-2028 ($ million)
  • Data Table on South America - Market size and forecast 2023-2028 ($ million)
  • Chart on South America - Year-over-year growth 2023-2028 (%)
  • Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
  • Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  • Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  • Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
  • Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 UK - Market size and forecast 2023-2028
  • Chart on UK - Market size and forecast 2023-2028 ($ million)
  • Data Table on UK - Market size and forecast 2023-2028 ($ million)
  • Chart on UK - Year-over-year growth 2023-2028 (%)
  • Data Table on UK - Year-over-year growth 2023-2028 (%)
9.9 Germany - Market size and forecast 2023-2028
  • Chart on Germany - Market size and forecast 2023-2028 ($ million)
  • Data Table on Germany - Market size and forecast 2023-2028 ($ million)
  • Chart on Germany - Year-over-year growth 2023-2028 (%)
  • Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.10 Belgium - Market size and forecast 2023-2028
  • Chart on Belgium - Market size and forecast 2023-2028 ($ million)
  • Data Table on Belgium - Market size and forecast 2023-2028 ($ million)
  • Chart on Belgium - Year-over-year growth 2023-2028 (%)
  • Data Table on Belgium - Year-over-year growth 2023-2028 (%)
9.11 US - Market size and forecast 2023-2028
  • Chart on US - Market size and forecast 2023-2028 ($ million)
  • Data Table on US - Market size and forecast 2023-2028 ($ million)
  • Chart on US - Year-over-year growth 2023-2028 (%)
  • Data Table on US - Year-over-year growth 2023-2028 (%)
9.12 Japan - Market size and forecast 2023-2028
  • Chart on Japan - Market size and forecast 2023-2028 ($ million)
  • Data Table on Japan - Market size and forecast 2023-2028 ($ million)
  • Chart on Japan - Year-over-year growth 2023-2028 (%)
  • Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
  • Market opportunity By Geographical Landscape ($ million)
  • Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Opportunity/Restraints
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
  • Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints
11 Competitive Landscape
11.1 Overview
11.2 Competitive Landscape
  • Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
  • Overview on factors of disruption
11.4 Industry risks
  • Impact of key risks on business
12 Competitive Analysis
12.1 Companies profiled
  • Companies covered
12.2 Market positioning of companies
  • Matrix on companies position and classification
12.3 CAPE Holland BV
  • CAPE Holland BV - Overview
  • CAPE Holland BV - Product / Service
  • CAPE Holland BV - Key offerings
12.4 China Steel Corp.
  • China Steel Corp. - Overview
  • China Steel Corp. - Product / Service
  • China Steel Corp. - Key offerings
12.5 Dongfang Electric Corp.
  • Dongfang Electric Corp. - Overview
  • Dongfang Electric Corp. - Product / Service
  • Dongfang Electric Corp. - Key offerings
12.6 Doosan Corp.
  • Doosan Corp. - Overview
  • Doosan Corp. - Business segments
  • Doosan Corp. - Key news
  • Doosan Corp. - Key offerings
  • Doosan Corp. - Segment focus
12.7 Erndtebcker Eisenwerk GmbH and Co KG
  • Erndtebcker Eisenwerk GmbH and Co KG - Overview
  • Erndtebcker Eisenwerk GmbH and Co KG - Product / Service
  • Erndtebcker Eisenwerk GmbH and Co KG - Key offerings
12.8 General Electric Co.
  • General Electric Co. - Overview
  • General Electric Co. - Business segments
  • General Electric Co. - Key news
  • General Electric Co. - Key offerings
  • General Electric Co. - Segment focus
12.9 Hyosung Heavy Industries Corp.
  • Hyosung Heavy Industries Corp. - Overview
  • Hyosung Heavy Industries Corp. - Product / Service
  • Hyosung Heavy Industries Corp. - Key offerings
12.10 Hyundai Heavy Industries Co. Ltd.
  • Hyundai Heavy Industries Co. Ltd. - Overview
  • Hyundai Heavy Industries Co. Ltd. - Product / Service
  • Hyundai Heavy Industries Co. Ltd. - Key offerings
12.11 JDR Cable Systems Ltd.
  • JDR Cable Systems Ltd. - Overview
  • JDR Cable Systems Ltd. - Product / Service
  • JDR Cable Systems Ltd. - Key offerings
12.12 Nexans SA
  • Nexans SA - Overview
  • Nexans SA - Business segments
  • Nexans SA - Key news
  • Nexans SA - Key offerings
  • Nexans SA - Segment focus
12.13 Nordex SE
  • Nordex SE - Overview
  • Nordex SE - Business segments
  • Nordex SE - Key offerings
  • Nordex SE - Segment focus
12.14 Senvion Wind Technology Pvt. Ltd.
  • Senvion Wind Technology Pvt. Ltd. - Overview
  • Senvion Wind Technology Pvt. Ltd. - Product / Service
  • Senvion Wind Technology Pvt. Ltd. - Key offerings
12.15 Siemens Gamesa Renewable Energy SA
  • Siemens Gamesa Renewable Energy SA - Overview
  • Siemens Gamesa Renewable Energy SA - Product / Service
  • Siemens Gamesa Renewable Energy SA - Key offerings
12.16 Sinovel Wind Group Co. Ltd.
  • Sinovel Wind Group Co. Ltd. - Overview
  • Sinovel Wind Group Co. Ltd. - Product / Service
  • Sinovel Wind Group Co. Ltd. - Key offerings
12.17 Vestas Wind Systems AS
  • Vestas Wind Systems AS - Overview
  • Vestas Wind Systems AS - Business segments
  • Vestas Wind Systems AS - Key offerings
  • Vestas Wind Systems AS - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
  • Inclusions checklist
  • Exclusions checklist
13.3 Currency conversion rates for US$
  • Currency conversion rates for US$
13.4 Research methodology
  • Research methodology
13.5 Data procurement
  • Information sources
13.6 Data validation
  • Data validation
13.7 Validation techniques employed for market sizing
  • Validation techniques employed for market sizing
13.8 Data synthesis
  • Data synthesis
13.9 360 degree market analysis
  • 360 degree market analysis
13.10 List of abbreviations
  • List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Type
Exhibits 6: Executive Summary - Chart on Market Segmentation by Product Type
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Company Market Positioning
Exhibits 10: Parent Market
Exhibits 11: Data Table on - Parent Market
Exhibits 12: Market characteristics analysis
Exhibits 13: Value Chain Analysis
Exhibits 14: Offerings of companies included in the market definition
Exhibits 15: Market segments
Exhibits 16: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 17: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 18: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 19: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 20: Historic Market Size - Data Table on Global Offshore Wind Power Market 2018 - 2022 ($ million)
Exhibits 21: Historic Market Size - Type Segment 2018 - 2022 ($ million)
Exhibits 22: Historic Market Size - Product Type Segment 2018 - 2022 ($ million)
Exhibits 23: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 24: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits 25: Five forces analysis - Comparison between 2023 and 2028
Exhibits 26: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 27: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 29: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 30: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 31: Chart on Market condition - Five forces 2023 and 2028
Exhibits 32: Chart on Type - Market share 2023-2028 (%)
Exhibits 33: Data Table on Type - Market share 2023-2028 (%)
Exhibits 34: Chart on Comparison by Type
Exhibits 35: Data Table on Comparison by Type
Exhibits 36: Chart on Monopile - Market size and forecast 2023-2028 ($ million)
Exhibits 37: Data Table on Monopile - Market size and forecast 2023-2028 ($ million)
Exhibits 38: Chart on Monopile - Year-over-year growth 2023-2028 (%)
Exhibits 39: Data Table on Monopile - Year-over-year growth 2023-2028 (%)
Exhibits 40: Chart on Jacket - Market size and forecast 2023-2028 ($ million)
Exhibits 41: Data Table on Jacket - Market size and forecast 2023-2028 ($ million)
Exhibits 42: Chart on Jacket - Year-over-year growth 2023-2028 (%)
Exhibits 43: Data Table on Jacket - Year-over-year growth 2023-2028 (%)
Exhibits 44: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 45: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 46: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 47: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 48: Market opportunity by Type ($ million)
Exhibits 49: Data Table on Market opportunity by Type ($ million)
Exhibits 50: Chart on Product Type - Market share 2023-2028 (%)
Exhibits 51: Data Table on Product Type - Market share 2023-2028 (%)
Exhibits 52: Chart on Comparison by Product Type
Exhibits 53: Data Table on Comparison by Product Type
Exhibits 54: Chart on Fixed structure - Market size and forecast 2023-2028 ($ million)
Exhibits 55: Data Table on Fixed structure - Market size and forecast 2023-2028 ($ million)
Exhibits 56: Chart on Fixed structure - Year-over-year growth 2023-2028 (%)
Exhibits 57: Data Table on Fixed structure - Year-over-year growth 2023-2028 (%)
Exhibits 58: Chart on Floating structure - Market size and forecast 2023-2028 ($ million)
Exhibits 59: Data Table on Floating structure - Market size and forecast 2023-2028 ($ million)
Exhibits 60: Chart on Floating structure - Year-over-year growth 2023-2028 (%)
Exhibits 61: Data Table on Floating structure - Year-over-year growth 2023-2028 (%)
Exhibits 62: Market opportunity by Product Type ($ million)
Exhibits 63: Data Table on Market opportunity by Product Type ($ million)
Exhibits 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 65: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 66: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 67: Chart on Geographic comparison
Exhibits 68: Data Table on Geographic comparison
Exhibits 69: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 70: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 71: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 72: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 73: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 74: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 75: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 76: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 77: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 78: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 79: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 80: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 81: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 82: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 83: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 84: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 85: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 86: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 87: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 88: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 89: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 90: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 91: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits 92: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits 93: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 94: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 95: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 96: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 97: Chart on Belgium - Market size and forecast 2023-2028 ($ million)
Exhibits 98: Data Table on Belgium - Market size and forecast 2023-2028 ($ million)
Exhibits 99: Chart on Belgium - Year-over-year growth 2023-2028 (%)
Exhibits 100: Data Table on Belgium - Year-over-year growth 2023-2028 (%)
Exhibits 101: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 102: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 103: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 104: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 105: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits 106: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits 107: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 108: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 109: Market opportunity By Geographical Landscape ($ million)
Exhibits 110: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 111: Impact of drivers and challenges in 2023 and 2028
Exhibits 112: Overview on criticality of inputs and factors of differentiation
Exhibits 113: Overview on factors of disruption
Exhibits 114: Impact of key risks on business
Exhibits 115: Companies covered
Exhibits 116: Matrix on companies position and classification
Exhibits 117: CAPE Holland BV - Overview
Exhibits 118: CAPE Holland BV - Product / Service
Exhibits 119: CAPE Holland BV - Key offerings
Exhibits 120: China Steel Corp. - Overview
Exhibits 121: China Steel Corp. - Product / Service
Exhibits 122: China Steel Corp. - Key offerings
Exhibits 123: Dongfang Electric Corp. - Overview
Exhibits 124: Dongfang Electric Corp. - Product / Service
Exhibits 125: Dongfang Electric Corp. - Key offerings
Exhibits 126: Doosan Corp. - Overview
Exhibits 127: Doosan Corp. - Business segments
Exhibits 128: Doosan Corp. - Key news
Exhibits 129: Doosan Corp. - Key offerings
Exhibits 130: Doosan Corp. - Segment focus
Exhibits 131: Erndtebcker Eisenwerk GmbH and Co KG - Overview
Exhibits 132: Erndtebcker Eisenwerk GmbH and Co KG - Product / Service
Exhibits 133: Erndtebcker Eisenwerk GmbH and Co KG - Key offerings
Exhibits 134: General Electric Co. - Overview
Exhibits 135: General Electric Co. - Business segments
Exhibits 136: General Electric Co. - Key news
Exhibits 137: General Electric Co. - Key offerings
Exhibits 138: General Electric Co. - Segment focus
Exhibits 139: Hyosung Heavy Industries Corp. - Overview
Exhibits 140: Hyosung Heavy Industries Corp. - Product / Service
Exhibits 141: Hyosung Heavy Industries Corp. - Key offerings
Exhibits 142: Hyundai Heavy Industries Co. Ltd. - Overview
Exhibits 143: Hyundai Heavy Industries Co. Ltd. - Product / Service
Exhibits 144: Hyundai Heavy Industries Co. Ltd. - Key offerings
Exhibits 145: JDR Cable Systems Ltd. - Overview
Exhibits 146: JDR Cable Systems Ltd. - Product / Service
Exhibits 147: JDR Cable Systems Ltd. - Key offerings
Exhibits 148: Nexans SA - Overview
Exhibits 149: Nexans SA - Business segments
Exhibits 150: Nexans SA - Key news
Exhibits 151: Nexans SA - Key offerings
Exhibits 152: Nexans SA - Segment focus
Exhibits 153: Nordex SE - Overview
Exhibits 154: Nordex SE - Business segments
Exhibits 155: Nordex SE - Key offerings
Exhibits 156: Nordex SE - Segment focus
Exhibits 157: Senvion Wind Technology Pvt. Ltd. - Overview
Exhibits 158: Senvion Wind Technology Pvt. Ltd. - Product / Service
Exhibits 159: Senvion Wind Technology Pvt. Ltd. - Key offerings
Exhibits 160: Siemens Gamesa Renewable Energy SA - Overview
Exhibits 161: Siemens Gamesa Renewable Energy SA - Product / Service
Exhibits 162: Siemens Gamesa Renewable Energy SA - Key offerings
Exhibits 163: Sinovel Wind Group Co. Ltd. - Overview
Exhibits 164: Sinovel Wind Group Co. Ltd. - Product / Service
Exhibits 165: Sinovel Wind Group Co. Ltd. - Key offerings
Exhibits 166: Vestas Wind Systems AS - Overview
Exhibits 167: Vestas Wind Systems AS - Business segments
Exhibits 168: Vestas Wind Systems AS - Key offerings
Exhibits 169: Vestas Wind Systems AS - Segment focus
Exhibits 170: Inclusions checklist
Exhibits 171: Exclusions checklist
Exhibits 172: Currency conversion rates for US$
Exhibits 173: Research methodology
Exhibits 174: Information sources
Exhibits 175: Data validation
Exhibits 176: Validation techniques employed for market sizing
Exhibits 177: Data synthesis
Exhibits 178: 360 degree market analysis
Exhibits 179: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global offshore wind power market: CAPE Holland BV, China Steel Corp., Dongfang Electric Corp. Ltd., Doosan Corp., Erndtebcker Eisenwerk GmbH and Co KG, General Electric Co., Hyosung Heavy Industries Corp., Hyundai Heavy Industries Co. Ltd., JDR Cable Systems Ltd., Lamprell Plc, Nexans SA, NKT AS, Nordex SE, Prysmian Spa, Senvion Wind Technology Pvt. Ltd., Siemens Gamesa Renewable Energy SA, Sinovel Wind Group Co. Ltd., Verdict Media Ltd., Vestas Wind Systems AS, and Xinjiang Goldwind Science and Technology Co. Ltd..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rising popularity of clean energy technologies."

According to the report, one of the major drivers for this market is the rise in global energy demand.

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:

  • CAPE Holland BV
  • China Steel Corp.
  • Dongfang Electric Corp. Ltd.
  • Doosan Corp.
  • Erndtebcker Eisenwerk GmbH and Co KG
  • General Electric Co.
  • Hyosung Heavy Industries Corp.
  • Hyundai Heavy Industries Co. Ltd.
  • JDR Cable Systems Ltd.
  • Lamprell Plc
  • Nexans SA
  • NKT AS
  • Nordex SE
  • Prysmian Spa
  • Senvion Wind Technology Pvt. Ltd.
  • Siemens Gamesa Renewable Energy SA
  • Sinovel Wind Group Co. Ltd.
  • Verdict Media Ltd.
  • Vestas Wind Systems AS
  • Xinjiang Goldwind Science and Technology Co. Ltd.