Cover Image
Market Research Report
Product code 
1084255

Offshore Wind Market, by Location, Component, and Geography - Insights, Size, Share, Opportunity Analysis, and Industry Forecast, 2022 - 2028

Published: | Coherent Market Insights | 125 Pages | Delivery time: 2-3 business days

Price

Back to Top
Offshore Wind Market, by Location, Component, and Geography - Insights, Size, Share, Opportunity Analysis, and Industry Forecast, 2022 - 2028
Published: May 10, 2022
Coherent Market Insights
Content info: 125 Pages
Delivery time: 2-3 business days
  • Description
  • Table of Contents

Offshore wind energy is the generation of electrical energy by the installation of wind turbines at sea. The wind blows faster and steadily at the sea than on land or onshore areas, that result in more stable and higher yield of energy. The main advantage of the offshore wind energy production is that it contributes to achieve the goal for renewable energy, not consume water and do not emit environmental pollutants or greenhouse gases and helps to reduce the global warming.

Market Dynamics

Major drivers propelling the global growth of the offshore wind market include the rising demand for electricity and increasing awareness about the greenhouse gases. According to the International Energy Outlook 2016, the global energy demand is set to increase from 268 mboe/d in 2013 to 399 mboe/d by 2040. Renewable energy sources are the fastest growing energy sources which in turns drives the global offshore wind market. Government regulations and current policies regarding fossil fuel use, globally energy related carbon dioxide emissions are expected to increase to 45 billion metric tons in 2040, according to U.S Energy Information Administration (EIA), therefore with increase in concerns about the greenhouse gases there is rise is demand for the renewable sources of energy which in turns drives the offshore wind market.

Key features of the study:

This report provides in-depth analysis of the offshore wind market and provides market size (US$ Bn), and Cumulative Annual Growth Rate (CAGR) (%) for the forecast period (2022-2028), considering 2021 as the base year.

It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, pipeline products, regional outlook, and competitive strategy adopted by the leading players

It profiles leading players in the global offshore wind market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics

The global offshore wind market report caters to various stakeholders in this industry, including investors, product developers, distributors, healthcare companies, research institutes, medical devices companies, new entrants, and financial analysts

Stakeholders would greatly benefit in decision-making through the various strategy matrices used in analyzing the offshore wind market.

Detailed Segmentation

Global Offshore wind Market, By Location:

Deep-water (depth >60 m)

Transitional Water (depth 30-60 m)

Shallow water (depth < 30 m)

Global Offshore wind Market, By Component:

Substructure

Monopile

Jacket and Gravity Based

Others

Turbine

Rotor & Blades

Tower

Nacelle

Electrical Infrastructure

Others

Global Offshore wind Market, By Geography:

North America

U.S.

By Location

Deep-water (depth >60 m)

Transitional Water (depth 30-60 m)

Shallow water (depth < 30 m)

By Component

Substructure

Monopile

Jacket and Gravity Based

Others

Turbine

Rotor & Blades

Tower

Nacelle

Electrical Infrastructure

Others

Canada

By Location

Deep-water (depth >60 m)

Transitional Water (depth 30-60 m)

Shallow water (depth < 30 m)

By Component

Substructure

Monopile

Jacket and Gravity Based

Others

Turbine

Rotor & Blades

Tower

Nacelle

Electrical Infrastructure

Others

Europe

U.K.

By Location

Deep-water (depth >60 m)

Transitional Water (depth 30-60 m)

Shallow water (depth < 30 m)

By Component

Substructure

Monopile

Jacket and Gravity Based

Others

Turbine

Rotor & Blades

Tower

Nacelle

Electrical Infrastructure

Others

Germany

By Location

Deep-water (depth >60 m)

Transitional Water (depth 30-60 m)

Shallow water (depth < 30 m)

By Component

Substructure

Monopile

Jacket and Gravity Based

Others

Turbine

Rotor & Blades

Tower

Nacelle

Electrical Infrastructure

Others

Italy

By Location

Deep-water (depth >60 m)

Transitional Water (depth 30-60 m)

Shallow water (depth < 30 m)

By Component

Substructure

Monopile

Jacket and Gravity Based

Others

Turbine

Rotor & Blades

Tower

Nacelle

Electrical Infrastructure

Others

France

By Location

Deep-water (depth >60 m)

Transitional Water (depth 30-60 m)

Shallow water (depth < 30 m)

By Component

Substructure

Monopile

Jacket and Gravity Based

Others

Turbine

Rotor & Blades

Tower

Nacelle

Electrical Infrastructure

Others

Spain

By Location

Deep-water (depth >60 m)

Transitional Water (depth 30-60 m)

Shallow water (depth < 30 m)

By Component

Substructure

Monopile

Jacket and Gravity Based

Others

Turbine

Rotor & Blades

Tower

Nacelle

Electrical Infrastructure

Others

Russia

By Location

Deep-water (depth >60 m)

Transitional Water (depth 30-60 m)

Shallow water (depth < 30 m)

By Component

Substructure

Monopile

Jacket and Gravity Based

Others

Turbine

Rotor & Blades

Tower

Nacelle

Electrical Infrastructure

Others

Rest of Europe

By Location

Deep-water (depth >60 m)

Transitional Water (depth 30-60 m)

Shallow water (depth < 30 m)

By Component

Substructure

Monopile

Jacket and Gravity Based

Others

Turbine

Rotor & Blades

Tower

Nacelle

Electrical Infrastructure

Others

Asia Pacific

China

By Location

Deep-water (depth >60 m)

Transitional Water (depth 30-60 m)

Shallow water (depth < 30 m)

By Component

Substructure

Monopile

Jacket and Gravity Based

Others

Turbine

Rotor & Blades

Tower

Nacelle

Electrical Infrastructure

Others

India

By Location

Deep-water (depth >60 m)

Transitional Water (depth 30-60 m)

Shallow water (depth < 30 m)

By Component

Substructure

Monopile

Jacket and Gravity Based

Others

Turbine

Rotor & Blades

Tower

Nacelle

Electrical Infrastructure

Others

Japan

By Location

Deep-water (depth >60 m)

Transitional Water (depth 30-60 m)

Shallow water (depth < 30 m)

By Component

Substructure

Monopile

Jacket and Gravity Based

Others

Turbine

Rotor & Blades

Tower

Nacelle

Electrical Infrastructure

Others

ASEAN

By Location

Deep-water (depth >60 m)

Transitional Water (depth 30-60 m)

Shallow water (depth < 30 m)

By Component

Substructure

Monopile

Jacket and Gravity Based

Others

Turbine

Rotor & Blades

Tower

Nacelle

Electrical Infrastructure

Others

Australia

By Location

Deep-water (depth >60 m)

Transitional Water (depth 30-60 m)

Shallow water (depth < 30 m)

By Component

Substructure

Monopile

Jacket and Gravity Based

Others

Turbine

Rotor & Blades

Tower

Nacelle

Electrical Infrastructure

Others

South Korea

By Location

Deep-water (depth >60 m)

Transitional Water (depth 30-60 m)

Shallow water (depth < 30 m)

By Component

Substructure

Monopile

Jacket and Gravity Based

Others

Turbine

Rotor & Blades

Tower

Nacelle

Electrical Infrastructure

Others

Rest of Asia Pacific

By Location

Deep-water (depth >60 m)

Transitional Water (depth 30-60 m)

Shallow water (depth < 30 m)

By Component

Substructure

Monopile

Jacket and Gravity Based

Others

Turbine

Rotor & Blades

Tower

Nacelle

Electrical Infrastructure

Others

Latin America

Brazil

By Location

Deep-water (depth >60 m)

Transitional Water (depth 30-60 m)

Shallow water (depth < 30 m)

By Component

Substructure

Monopile

Jacket and Gravity Based

Others

Turbine

Rotor & Blades

Tower

Nacelle

Electrical Infrastructure

Others

Argentina

By Location

Deep-water (depth >60 m)

Transitional Water (depth 30-60 m)

Shallow water (depth < 30 m)

By Component

Substructure

Monopile

Jacket and Gravity Based

Others

Turbine

Rotor & Blades

Tower

Nacelle

Electrical Infrastructure

Others

Rest of Latin America

By Location

Deep-water (depth >60 m)

Transitional Water (depth 30-60 m)

Shallow water (depth < 30 m)

By Component

Substructure

Monopile

Jacket and Gravity Based

Others

Turbine

Rotor & Blades

Tower

Nacelle

Electrical Infrastructure

Others

Africa

Northern Africa

By Location

Deep-water (depth >60 m)

Transitional Water (depth 30-60 m)

Shallow water (depth < 30 m)

By Component

Substructure

Monopile

Jacket and Gravity Based

Others

Turbine

Rotor & Blades

Tower

Nacelle

Electrical Infrastructure

Others

Central Africa

By Location

Deep-water (depth >60 m)

Transitional Water (depth 30-60 m)

Shallow water (depth < 30 m)

By Component

Substructure

Monopile

Jacket and Gravity Based

Others

Turbine

Rotor & Blades

Tower

Nacelle

Electrical Infrastructure

Others

South Africa

By Location

Deep-water (depth >60 m)

Transitional Water (depth 30-60 m)

Shallow water (depth < 30 m)

By Component

Substructure

Monopile

Jacket and Gravity Based

Others

Turbine

Rotor & Blades

Tower

Nacelle

Electrical Infrastructure

Others

Middle East

GCC

By Location

Deep-water (depth >60 m)

Transitional Water (depth 30-60 m)

Shallow water (depth < 30 m)

By Component

Substructure

Monopile

Jacket and Gravity Based

Others

Turbine

Rotor & Blades

Tower

Nacelle

Electrical Infrastructure

Others

Israel

By Location

Deep-water (depth >60 m)

Transitional Water (depth 30-60 m)

Shallow water (depth < 30 m)

By Component

Substructure

Monopile

Jacket and Gravity Based

Others

Turbine

Rotor & Blades

Tower

Nacelle

Electrical Infrastructure

Others

Rest of Middle-East

By Location

Deep-water (depth >60 m)

Transitional Water (depth 30-60 m)

Shallow water (depth < 30 m)

By Component

Substructure

Monopile

Jacket and Gravity Based

Others

Turbine

Rotor & Blades

Tower

Nacelle

Electrical Infrastructure

Others

Company Profiles

MHI Vestas*

Company Overview

Product Portfolio

Market Presence

Financial Overview

Key Developments

Strategies

Siemens AG

General Electric

ABB, Ltd.

EEW Group

Nexans

A2Sea

 “*” marked represents similar segmentation in other categories in the respective section.

Product Code: CMI978

Table of Contents

1. Research Objective and Assumptions

  • Research Objectives
  • Assumptions
  • Abbreviations

2. Market Purview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Snippet By Location
    • Market Snippet By Component
    • Market Snippet By Region
  • Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restraints
    • Market Opportunities
    • Regulatory Scenario
    • Industry Trend
    • Merger and Acquisitions
    • New Product Approvals/Launch
    • Promotion and Marketing Initiatives
  • Cost Tier Down Analysis

4. Global Offshore Wind Market, By Location, 2017 - 2028 (US$ Million )

  • Introduction
    • Market Share Analysis, 2022 and 2028 (%)
    • Y-O-Y Growth Analysis, 2017 - 2028
    • Segment Trends
  • Deep-water (depth >60 m)
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million )
  • Transitional Water (depth 30-60 m)
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million )
  • Shallow water (depth < 30 m)
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million )

5. Global Offshore Wind Market, By Component, 2017 - 2028 (US$ Million )

  • Introduction
    • Market Share Analysis, 2022 and 2028 (%)
    • Y-O-Y Growth Analysis, 2017 - 2028
    • Segment Trends
  • Substructure
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Monopile
    • Jacket and Gravity Based
    • Others Low
  • Turbine
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Rotor & Blades
    • Tower
    • Nacelle
  • Electrical Infrastructure
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
  • Others
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)

6. Global Offshore Wind Market, By Region, 2017 - 2028 (US$ Million )

  • Introduction
    • Market Share Analysis, By Region, 2022 and 2028 (%)
    • Y-o-Y Growth Analysis, For Regions, 2017 - 2028
  • North America
    • Market Share Analysis, By Country, 2022 and 2028 (%)
    • Y-o-Y Growth Analysis, By Country, 2017 - 2028
    • U.S.
    • Country Trends
    • Market Size and Forecast, By Location, 2017 - 2028 (US$ Million)
    • Market Size and Forecast, By Component, 2017 - 2028 (US$ Million)
    • Canada
    • Country Trends
    • Market Size and Forecast, By Location, 2017 - 2028 (US$ Million)
    • Market Size and Forecast, By Component, 2017 - 2028 (US$ Million)
  • Europe
    • Market Share Analysis, By Country, 2022 and 2028 (%)
    • Y-o-Y Growth Analysis, By Country, 2017 - 2028
    • U.K.
    • Country Trends
    • Market Size and Forecast, By Location, 2017 - 2028 (US$ Million)
    • Market Size and Forecast, By Component, 2017 - 2028 (US$ Million)
    • Germany
    • Country Trends
    • Market Size and Forecast, By Location, 2017 - 2028 (US$ Million)
    • Market Size and Forecast, By Component, 2017 - 2028 (US$ Million)
    • Italy
    • Country Trends
    • Market Size and Forecast, By Location, 2017 - 2028 (US$ Million)
    • Market Size and Forecast, By Component, 2017 - 2028 (US$ Million)
    • France
    • Country Trends
    • Market Size and Forecast, By Location, 2017 - 2028 (US$ Million)
    • Market Size and Forecast, By Component, 2017 - 2028 (US$ Million)
    • Spain
    • Country Trends
    • Market Size and Forecast, By Location, 2017 - 2028 (US$ Million)
    • Market Size and Forecast, By Component, 2017 - 2028 (US$ Million)
    • Russia
    • Country Trends
    • Market Size and Forecast, By Location, 2017 - 2028 (US$ Million)
    • Market Size and Forecast, By Component, 2017 - 2028 (US$ Million)
    • Rest of Europe
    • Country Trends
    • Market Size and Forecast, By Location, 2017 - 2028 (US$ Million)
    • Market Size and Forecast, By Component, 2017 - 2028 (US$ Million)
  • Asia Pacific
    • Market Share Analysis, By Country, 2022 and 2028 (%)
    • Y-o-Y Growth Analysis, By Country, 2017 - 2028
    • China
    • Country Trends
    • Market Size and Forecast, By Location, 2017 - 2028 (US$ Million)
    • Market Size and Forecast, By Component, 2017 - 2028 (US$ Million)
    • India
    • Country Trends
    • Market Size and Forecast, By Location, 2017 - 2028 (US$ Million)
    • Market Size and Forecast, By Component, 2017 - 2028 (US$ Million)
    • Japan
    • Country Trends
    • Market Size and Forecast, By Location, 2017 - 2028 (US$ Million)
    • Market Size and Forecast, By Component, 2017 - 2028 (US$ Million)
    • ASEAN
    • Country Trends
    • Market Size and Forecast, By Location, 2017 - 2028 (US$ Million)
    • Market Size and Forecast, By Component, 2017 - 2028 (US$ Million)
    • Australia
    • Country Trends
    • Market Size and Forecast, By Location, 2017 - 2028 (US$ Million)
    • Market Size and Forecast, By Component, 2017 - 2028 (US$ Million)
    • South Korea
    • Country Trends
    • Market Size and Forecast, By Location, 2017 - 2028 (US$ Million)
    • Market Size and Forecast, By Component, 2017 - 2028 (US$ Million)
    • Rest of Asia Pacific
    • Country Trends
    • Market Size and Forecast, By Location, 2017 - 2028 (US$ Million)
    • Market Size and Forecast, By Component, 2017 - 2028 (US$ Million)
  • Latin America
    • Market Share Analysis, By Country, 2022 and 2028 (%)
    • Y-o-Y Growth Analysis, By Country, 2017 - 2028
    • Brazil
    • Country Trends
    • Market Size and Forecast, By Location, 2017 - 2028 (US$ Million)
    • Market Size and Forecast, By Component, 2017 - 2028 (US$ Million)
    • Argentina
    • Country Trends
    • Market Size and Forecast, By Location, 2017 - 2028 (US$ Million)
    • Market Size and Forecast, By Component, 2017 - 2028 (US$ Million)
    • Rest of Latin America
    • Country Trends
    • Market Size and Forecast, By Location, 2017 - 2028 (US$ Million)
    • Market Size and Forecast, By Component, 2017 - 2028 (US$ Million)
  • Africa
    • Market Share Analysis, By Country, 2022 and 2028 (%)
    • Y-O-Y Growth Analysis, By Country, 2017 - 2028
    • Northern Africa
    • Country Trends
    • Market Size and Forecast, By Location, 2017 - 2028 (US$ Million)
    • Market Size and Forecast, By Component, 2017 - 2028 (US$ Million)
    • Central Africa
    • Country Trends
    • Market Size and Forecast, By Location, 2017 - 2028 (US$ Million)
    • Market Size and Forecast, By Component, 2017 - 2028 (US$ Million)
    • South Africa
    • Country Trends
    • Market Size and Forecast, By Location, 2017 - 2028 (US$ Million)
    • Market Size and Forecast, By Component, 2017 - 2028 (US$ Million)
  • Middle East
    • Market Share Analysis, By Country, 2022 and 2028 (%)
    • Y-O-Y Growth Analysis, By Country, 2017 - 2028
    • GCC
    • Country Trends
    • Market Size and Forecast, By Location, 2017 - 2028 (US$ Million)
    • Market Size and Forecast, By Component, 2017 - 2028 (US$ Million)
    • Israel
    • Country Trends
    • Market Size and Forecast, By Location, 2017 - 2028 (US$ Million)
    • Market Size and Forecast, By Component, 2017 - 2028 (US$ Million)
    • Rest of Middle East
    • Country Trends
    • Market Size and Forecast, By Location, 2017 - 2028 (US$ Million)
    • Market Size and Forecast, By Component, 2017 - 2028 (US$ Million)

7. Competitive Landscape

  • Heat Map Analysis
  • Market Share Analysis (3x3 Matrix)
  • Company Profiles
    • MHI Vestas
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Recent Developments/Updates
    • Future Plans
    • Siemens AG
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Recent Developments/Updates
    • Future Plans
    • General Electric
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Recent Developments/Updates
    • Future Plans
    • ABB, Ltd.
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Recent Developments/Updates
    • Future Plans
    • EEW Group
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Recent Developments/Updates
    • Future Plans
    • Nexans
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Recent Developments/Updates
    • Future Plans
    • A2Sea
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Recent Developments/Updates
    • Future Plans
  • Analyst Views

8. Section

  • References
  • Research Methodology
  • About us and Sales Contact
  • Browse 250 market data tables* and 50 figures* on "Offshore Wind Market" - Global forecast to 2028.