
Offshore Wind Turbine Market by Capacity (Large(Greater than 100MW), Medium (10-100MW), Small (Less than 10 MW)), Application (Commercial, Industrial, Residential) - Global Forecast 2024-2030
Description
Offshore Wind Turbine Market by Capacity (Large(Greater than 100MW), Medium (10-100MW), Small (Less than 10 MW)), Application (Commercial, Industrial, Residential) - Global Forecast 2024-2030
The Offshore Wind Turbine Market size was estimated at USD 35.88 billion in 2023 and expected to reach USD 39.18 billion in 2024, at a CAGR 9.59% to reach USD 68.12 billion by 2030.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Offshore Wind Turbine Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Offshore Wind Turbine Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Offshore Wind Turbine Market, highlighting leading vendors and their innovative profiles. These include Deutsche Windtechnik AG, Doosan Corporation, EEW Holding GmbH & Co. KG, Enel S.p.A., ENESSERE S.r.l., Engie S.A., Furukawa Electric Co. Ltd., General Electric Company, Hitachi Energy Ltd., Nexans S.A., Nordex SE, Raytheon Technologies Corporation, Siemens AG, Suzlon Energy Limited, and Vestas Wind Systems A/S.
Market Segmentation & Coverage
This research report categorizes the Offshore Wind Turbine Market to forecast the revenues and analyze trends in each of the following sub-markets:
Capacity
Large(Greater than 100MW)
Medium (10-100MW)
Small (Less than 10 MW)
Application
Commercial
Industrial
Oil & Gas
Petrochemical
Power Generation
Residential
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the Offshore Wind Turbine Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Offshore Wind Turbine Market?
3. What are the technology trends and regulatory frameworks in the Offshore Wind Turbine Market?
4. What is the market share of the leading vendors in the Offshore Wind Turbine Market?
5. Which modes and strategic moves are suitable for entering the Offshore Wind Turbine Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
192 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Offshore Wind Turbine Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Falling offshore wind prices and expansion of new leasing areas
- 5.1.1.2. Shift in the energy sector towards green and renewable energy
- 5.1.1.3. Increase in R&D activities to enhance efficiency of operation
- 5.1.2. Restraints
- 5.1.2.1. High capital cost and maintenance
- 5.1.3. Opportunities
- 5.1.3.1. Initiatives by governments and companies to reduce carbon emissions
- 5.1.3.2. Introduction of innovative floating offshore wind platforms for use in deep waters
- 5.1.4. Challenges
- 5.1.4.1. Issues in wind power deployment
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Offshore Wind Turbine Market, by Capacity
- 6.1. Introduction
- 6.2. Large(Greater than 100MW)
- 6.3. Medium (10-100MW)
- 6.4. Small (Less than 10 MW)
- 7. Offshore Wind Turbine Market, by Application
- 7.1. Introduction
- 7.2. Commercial
- 7.3. Industrial
- 7.4.1. Oil & Gas
- 7.4.2. Petrochemical
- 7.4.3. Power Generation
- 7.4. Residential
- 8. Americas Offshore Wind Turbine Market
- 8.1. Introduction
- 8.2. Argentina
- 8.3. Brazil
- 8.4. Canada
- 8.5. Mexico
- 8.6. United States
- 9. Asia-Pacific Offshore Wind Turbine Market
- 9.1. Introduction
- 9.2. Australia
- 9.3. China
- 9.4. India
- 9.5. Indonesia
- 9.6. Japan
- 9.7. Malaysia
- 9.8. Philippines
- 9.9. Singapore
- 9.10. South Korea
- 9.11. Taiwan
- 9.12. Thailand
- 9.13. Vietnam
- 10. Europe, Middle East & Africa Offshore Wind Turbine Market
- 10.1. Introduction
- 10.2. Denmark
- 10.3. Egypt
- 10.4. Finland
- 10.5. France
- 10.6. Germany
- 10.7. Israel
- 10.8. Italy
- 10.9. Netherlands
- 10.10. Nigeria
- 10.11. Norway
- 10.12. Poland
- 10.13. Qatar
- 10.14. Russia
- 10.15. Saudi Arabia
- 10.16. South Africa
- 10.17. Spain
- 10.18. Sweden
- 10.19. Switzerland
- 10.20. Turkey
- 10.21. United Arab Emirates
- 10.22. United Kingdom
- 11. Competitive Landscape
- 11.1. FPNV Positioning Matrix
- 11.2. Market Share Analysis, By Key Player
- 11.3. Competitive Scenario Analysis, By Key Player
- 12. Competitive Portfolio
- 12.1. Key Company Profiles
- 12.1.1. Deutsche Windtechnik AG
- 12.1.2. Doosan Corporation
- 12.1.3. EEW Holding GmbH & Co. KG
- 12.1.4. Enel S.p.A.
- 12.1.5. ENESSERE S.r.l.
- 12.1.6. Engie S.A.
- 12.1.7. Furukawa Electric Co. Ltd.
- 12.1.8. General Electric Company
- 12.1.9. Hitachi Energy Ltd.
- 12.1.10. Nexans S.A.
- 12.1.11. Nordex SE
- 12.1.12. Raytheon Technologies Corporation
- 12.1.13. Siemens AG
- 12.1.14. Suzlon Energy Limited
- 12.1.15. Vestas Wind Systems A/S
- 12.2. Key Product Portfolio
- 13. Appendix
- 13.1. Discussion Guide
- 13.2. License & Pricing
- FIGURE 1. OFFSHORE WIND TURBINE MARKET RESEARCH PROCESS
- FIGURE 2. OFFSHORE WIND TURBINE MARKET SIZE, 2023 VS 2030
- FIGURE 3. OFFSHORE WIND TURBINE MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. OFFSHORE WIND TURBINE MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. OFFSHORE WIND TURBINE MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. OFFSHORE WIND TURBINE MARKET DYNAMICS
- FIGURE 7. OFFSHORE WIND TURBINE MARKET SIZE, BY CAPACITY, 2023 VS 2030 (%)
- FIGURE 8. OFFSHORE WIND TURBINE MARKET SIZE, BY CAPACITY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. OFFSHORE WIND TURBINE MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
- FIGURE 10. OFFSHORE WIND TURBINE MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. AMERICAS OFFSHORE WIND TURBINE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 12. AMERICAS OFFSHORE WIND TURBINE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. UNITED STATES OFFSHORE WIND TURBINE MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 14. UNITED STATES OFFSHORE WIND TURBINE MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. ASIA-PACIFIC OFFSHORE WIND TURBINE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 16. ASIA-PACIFIC OFFSHORE WIND TURBINE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. EUROPE, MIDDLE EAST & AFRICA OFFSHORE WIND TURBINE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 18. EUROPE, MIDDLE EAST & AFRICA OFFSHORE WIND TURBINE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. OFFSHORE WIND TURBINE MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 20. OFFSHORE WIND TURBINE MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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