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Market Research Report

Global Offshore Wind Turbine Market 2017-2021

Published by TechNavio (Infiniti Research Ltd.) Product code 541318
Published Content info 73 Pages
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Global Offshore Wind Turbine Market 2017-2021
Published: August 9, 2017 Content info: 73 Pages
Description

About Offshore Wind Turbine

Offshore wind power or wind energy is the use of offshore constructed wind farms, usually on the continental shelf, to harvest wind energy and convert it into electrical energy. This electrical energy is transferred to an electrical grid and then to commercial and residential areas. Power generated from wind is one of the cleanest sources of power generation. The existing energy in the wind turns the turbine blades around the rotor, which is coupled to the main shaft that rotates the generator to produce electricity. Conventional power generation is slowly losing its sheen owing to growing environmental awareness. Renewable energy sources, such as wind and solar, have gained popularity worldwide.

Technavio's analysts forecast the global offshore wind turbine market to grow at a CAGR of 20% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global offshore wind turbine market for 2017-2021. To calculate the market size, the report considers the new installations and exclude the retrofit/spares market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

Technavio's report, Global Offshore Wind Turbine Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • ADWEN,
  • MHI Vestas Offshore Wind,
  • Senvion,
  • Siemens Wind Power

Other Prominent Vendors

  • AREVA WIND
  • Clipper Windpower
  • Doosan
  • Gamesa
  • GENERAL ELECTRIC
  • Samsung Heavy Industries
  • Sinovel Wind Group

Market driver

  • Government support for wind energy projects
  • For a full, detailed list, view our report

Market challenge

  • Competition from fossil fuels
  • For a full, detailed list, view our report

Market trend

  • Reduction in cost for wind energy
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Table of Contents
Product Code: IRTNTR13948

Table of Contents

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

  • Market outline
  • Wind turbine technology value chain

PART 05: Market landscape

  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 06: Market segmentation by substructures

  • Global offshore wind turbine market by substructures
  • Global offshore wind turbine market by monopile substructure segment
  • Global offshore wind turbine market by gravity foundation substructure segment

PART 07: Geographical segmentation

  • Global offshore wind turbine market by geography
  • Offshore wind turbine market in EMEA
  • Offshore wind turbine market in APAC
  • Offshore wind turbine market in the Americas

PART 08: Decision framework

PART 09: Drivers and challenges

  • Market drivers
  • Market challenges

PART 10: Market trends

  • Reduction in cost for wind energy
  • Rise in patent filings
  • R&D in direct drive generators

PART 11: Vendor landscape

  • Competitive scenario
  • Other prominent vendors

PART 12: Key vendor analysis

  • ADWEN
  • MHI Vestas Offshore Wind
  • Senvion
  • Siemens Wind Power

PART 13: Appendix

  • List of abbreviations

List of Exhibits

  • Exhibit 01: Overall wind installation growth rate by region
  • Exhibit 02: Cost breakdown of wind turbine components (%)
  • Exhibit 03: Wind turbine components
  • Exhibit 04: Applications of CMS
  • Exhibit 05: Wind turbine value chain
  • Exhibit 06: Global offshore wind turbine market segmentation
  • Exhibit 07: Global offshore wind turbine market 2016-2021 (MW)
  • Exhibit 08: Five forces analysis
  • Exhibit 09: Global offshore wind turbine market by substructures 2016 and 2021 (%)
  • Exhibit 10: Global offshore wind turbine market by substructures 2016-2021 (MW)
  • Exhibit 11: Global offshore wind turbine market by monopile substructure segment 2016-2021 (MW)
  • Exhibit 12: Global offshore wind turbine market by gravity foundation substructure segment 2016-2021 (MW)
  • Exhibit 13: Global offshore wind turbine market by geography 2016 and 2021 (%)
  • Exhibit 14: Global offshore wind turbine market by geography 2016-2021 (MW)
  • Exhibit 15: Offshore wind turbine market in EMEA 2016-2021 (MW)
  • Exhibit 16: Germany wind power capacity 2010-2016 (MW)
  • Exhibit 17: UK wind power capacity 2010-2016 (MW)
  • Exhibit 18: Offshore wind turbine market in APAC 2016-2021 (MW)
  • Exhibit 19: Offshore wind turbine market in the Americas 2016-2021 (MW)
  • Exhibit 20: New wind installation targets by 2020 (%)
  • Exhibit 21: Global wind power installation 2016 (MW)
  • Exhibit 22: Global cumulative offshore wind power installation 2016 (MW)
  • Exhibit 23: Global cumulative offshore wind installation capacity 2006-2016 (MW)
  • Exhibit 24: Indexed global offshore wind installed cost 2000-2016
  • Exhibit 25: Component malfunction leading to wind turbine failure (%)
  • Exhibit 26: Typical offshore and onshore wind energy cost assessment 2016 ($ per MWh)
  • Exhibit 27: Patent filings in offshore wind turbines 2001-2015 (%)
  • Exhibit 28: Cumulative patent filings in offshore wind turbines 2000-2013
  • Exhibit 29: Other prominent vendors: Global offshore wind turbine market
  • Exhibit 30: ADWEN: Key products
  • Exhibit 31: MHI Vestas Offshore Wind: Key products
  • Exhibit 32: Senvion: Key products
  • Exhibit 33: Siemens Wind Power: Key products
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