Market Research Report
Innovation in Turbine Capacity and Regulations to Impel the APAC Offshore Wind Turbine Market Until 2025
|Published by||Frost & Sullivan||Product code||981760|
|Published||Content info||62 Pages
Delivery time: 1-2 business days
|Innovation in Turbine Capacity and Regulations to Impel the APAC Offshore Wind Turbine Market Until 2025|
|Published: December 11, 2020||Content info: 62 Pages||
Government Renewable Energy Plans will Propel Transformational Growth Across Asia-Pacific
The study outlines the general outlook for the offshore wind turbine market until 2025. The analyzes segments, how government plans and regulations drive the market, how geopolitical chaos restrain growth, how competitive intensity is dynamic and is both disrupted and driven by technology, including the transformative Mega Trends across the Asia-Pacific, and the country-level market trend. The study offers market size forecasts for each country, the country's preferences and its challenges, and strategic information on what OEMs should invest in and develop.
The research has identified the following market drivers and restraints.
The research concludes that the biggest challenge to the market is the lack of commissioning projects in a timely manner. Asia-Pacific can lose projects valued hundreds of billions of dollars, regardless of the market drivers, trends, government plans, or market demands. Executing and commissioning projects have become a far more valuable aspect than mere planning and proposing projects.