Offshore Wind Energy Market Report by Component (Turbine, Substructure, Electrical Infrastructure, and Others), Foundation Type (Fixed Foundation, Floating Foundation), Capacity (Less Than 5 MW, Greater than or Equal to 5 MW), Location (Shallow Water, Tra

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,999	136 Pages	IMARC Services Pvt. Ltd.	May, 2025	IMRC20011246

Best Price Guarantee
Price	from $2,999
Length	136 Pages
Publisher	IMARC Services Pvt. Ltd.
Published Date	May, 2025
SKU	IMRC20011246

The global offshore wind energy market size reached USD 14.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 41.7 Billion by 2033, exhibiting a growth rate (CAGR) of 12.38% during 2025-2033.

Offshore wind energy relies on wind turbines located in ocean waters to generate electricity, which is transmitted via cables to the mainland grid. It is a cost-effective, abundant, and clean source of energy. It can provide reliable and affordable renewable power near coastal energy load centers wherein there is a scarcity of sites for large-scale renewable energy development. It helps reduce greenhouse gas (GHG) emissions, increase energy security and diversity, create jobs, and promote sustainable development. At present, there is a rise in the adoption of renewable sources of energy production and consumption across the globe, which is catalyzing the demand for offshore wind energy.

Offshore Wind Energy Market Trends:

There is presently a considerable increase in the number of offshore wind farms worldwide. This, in confluence with the burgeoning energy sector, represents one of the key factors impelling the growth of the market. Moreover, onshore wind energy is nowadays near the development limit in several countries on account of the visual and noise impact constraints that make it increasingly challenging to find appropriate sites. Besides this, physical blockages from buildings and landscapes like hills or mountains can also cause inconsistencies in production, and consequently, onshore wind cannot fails in generating energy year-round. However, recent developments in offshore wind energy are reducing visual impacts, minimizing turbulence, and lowering noise constraints. It is also more productive than land-based wind energy due to higher and more consistent wind speeds, which is impelling the market growth. Furthermore, the construction of offshore wind turbine plants is more feasible as large offshore turbines can be transported using barges or ships. This, coupled with increasing investments in upcoming offshore wind power projects by governing authorities, is driving the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global offshore wind energy market report, along with forecasts at the global, regional and country level from 2025-2033. Our report has categorized the market based on component, foundation type, capacity and location.

Breakup by Component:

Turbine
Substructure
Electrical Infrastructure
Others

Breakup by Foundation Type:

Fixed Foundation
Floating Foundation

Breakup by Capacity:

Less Than 5 MW
Greater than or Equal to 5 MW

Breakup by Location:

Shallow Water
Transitional Water
Deep Water

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being E.ON SE, Électricité de France S.A., Equinor ASA, General Electric Company, Nordex SE, Northland Power Inc., Ørsted A/S, Siemens Gamesa Renewable Energy S.A. (Siemens Energy AG), Suzlon Energy Limited, Vestas Wind Systems A/S and Xinjiang Goldwind Science & Technology Co. Ltd.

Key Questions Answered in This Report

1.What was the size of the global offshore wind energy market in 2024?

2.What is the expected growth rate of the global offshore wind energy market during 2025-2033?

3.What are the key factors driving the global offshore wind energy market?

4.What has been the impact of COVID-19 on the global offshore wind energy market?

5.What is the breakup of the global offshore wind energy market based on the component?

6.What is the breakup of the global offshore wind energy market based on the capacity?

7.What is the breakup of the global offshore wind energy market based on the location?

8.What are the key regions in the global offshore wind energy market?

9.Who are the key players/companies in the global offshore wind energy market?

1 Preface
2 Scope and Methodology: 2.1 Objectives of the Study; 2.2 Stakeholders; 2.3 Data Sources; 2.3.1 Primary Sources; 2.3.2 Secondary Sources; 2.4 Market Estimation; 2.4.1 Bottom-Up Approach; 2.4.2 Top-Down Approach; 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction: 4.1 Overview; 4.2 Key Industry Trends
5 Global Offshore Wind Energy Market: 5.1 Market Overview; 5.2 Market Performance; 5.3 Impact of COVID-19; 5.4 Market Forecast
6 Market Breakup by Component: 6.1 Turbine; 6.1.1 Market Trends; 6.1.2 Market Forecast; 6.2 Substructure; 6.2.1 Market Trends; 6.2.2 Market Forecast; 6.3 Electrical Infrastructure; 6.3.1 Market Trends; 6.3.2 Market Forecast; 6.4 Others; 6.4.1 Market Trends; 6.4.2 Market Forecast
7 Market Breakup by Foundation Type: 7.1 Fixed Foundation; 7.1.1 Market Trends; 7.1.2 Market Forecast; 7.2 Floating Foundation; 7.2.1 Market Trends; 7.2.2 Market Forecast
8 Market Breakup by Capacity: 8.1 Less Than 5 MW; 8.1.1 Market Trends; 8.1.2 Market Forecast; 8.2 Greater than or Equal to 5 MW; 8.2.1 Market Trends; 8.2.2 Market Forecast
9 Market Breakup by Location: 9.1 Shallow Water; 9.1.1 Market Trends; 9.1.2 Market Forecast; 9.2 Transitional Water; 9.2.1 Market Trends; 9.2.2 Market Forecast; 9.3 Deep Water; 9.3.1 Market Trends; 9.3.2 Market Forecast
10 Market Breakup by Region: 10.1 North America; 10.1.1 United States; 10.1.1.1 Market Trends; 10.1.1.2 Market Forecast; 10.1.2 Canada; 10.1.2.1 Market Trends; 10.1.2.2 Market Forecast; 10.2 Asia-Pacific; 10.2.1 China; 10.2.1.1 Market Trends; 10.2.1.2 Market Forecast; 10.2.2 Japan; 10.2.2.1 Market Trends; 10.2.2.2 Market Forecast; 10.2.3 India; 10.2.3.1 Market Trends; 10.2.3.2 Market Forecast; 10.2.4 South Korea; 10.2.4.1 Market Trends; 10.2.4.2 Market Forecast; 10.2.5 Australia; 10.2.5.1 Market Trends; 10.2.5.2 Market Forecast; 10.2.6 Indonesia; 10.2.6.1 Market Trends; 10.2.6.2 Market Forecast; 10.2.7 Others; 10.2.7.1 Market Trends; 10.2.7.2 Market Forecast; 10.3 Europe; 10.3.1 Germany; 10.3.1.1 Market Trends; 10.3.1.2 Market Forecast; 10.3.2 France; 10.3.2.1 Market Trends; 10.3.2.2 Market Forecast; 10.3.3 United Kingdom; 10.3.3.1 Market Trends; 10.3.3.2 Market Forecast; 10.3.4 Italy; 10.3.4.1 Market Trends; 10.3.4.2 Market Forecast; 10.3.5 Spain; 10.3.5.1 Market Trends; 10.3.5.2 Market Forecast; 10.3.6 Russia; 10.3.6.1 Market Trends; 10.3.6.2 Market Forecast; 10.3.7 Others; 10.3.7.1 Market Trends; 10.3.7.2 Market Forecast; 10.4 Latin America; 10.4.1 Brazil; 10.4.1.1 Market Trends; 10.4.1.2 Market Forecast; 10.4.2 Mexico; 10.4.2.1 Market Trends; 10.4.2.2 Market Forecast; 10.4.3 Others; 10.4.3.1 Market Trends; 10.4.3.2 Market Forecast; 10.5 Middle East and Africa; 10.5.1 Market Trends; 10.5.2 Market Breakup by Country; 10.5.3 Market Forecast
11 SWOT Analysis: 11.1 Overview; 11.2 Strengths; 11.3 Weaknesses; 11.4 Opportunities; 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis: 13.1 Overview; 13.2 Bargaining Power of Buyers; 13.3 Bargaining Power of Suppliers; 13.4 Degree of Competition; 13.5 Threat of New Entrants; 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape: 15.1 Market Structure; 15.2 Key Players; 15.3 Profiles of Key Players; 15.3.1 E.ON SE; 15.3.1.1 Company Overview; 15.3.1.2 Product Portfolio; 15.3.1.3 Financials; 15.3.1.4 SWOT Analysis; 15.3.2 Électricité de France S.A.; 15.3.2.1 Company Overview; 15.3.2.2 Product Portfolio; 15.3.2.3 Financials; 15.3.2.4 SWOT Analysis; 15.3.3 Equinor ASA; 15.3.3.1 Company Overview; 15.3.3.2 Product Portfolio; 15.3.3.3 Financials; 15.3.3.4 SWOT Analysis; 15.3.4 General Electric Company; 15.3.4.1 Company Overview; 15.3.4.2 Product Portfolio; 15.3.4.3 Financials; 15.3.4.4 SWOT Analysis; 15.3.5 Nordex SE; 15.3.5.1 Company Overview; 15.3.5.2 Product Portfolio; 15.3.5.3 Financials; 15.3.5.4 SWOT Analysis; 15.3.6 Northland Power Inc.; 15.3.6.1 Company Overview; 15.3.6.2 Product Portfolio; 15.3.6.3 Financials; 15.3.6.4 SWOT Analysis; 15.3.7 Ørsted A/S; 15.3.7.1 Company Overview; 15.3.7.2 Product Portfolio; 15.3.7.3 Financials; 15.3.7.4 SWOT Analysis; 15.3.8 Siemens Gamesa Renewable Energy S.A. (Siemens Energy AG); 15.3.8.1 Company Overview; 15.3.8.2 Product Portfolio; 15.3.9 Suzlon Energy Limited; 15.3.9.1 Company Overview; 15.3.9.2 Product Portfolio; 15.3.9.3 Financials; 15.3.9.4 SWOT Analysis; 15.3.10 Vestas Wind Systems A/S; 15.3.10.1 Company Overview; 15.3.10.2 Product Portfolio; 15.3.10.3 Financials; 15.3.10.4 SWOT Analysis; 15.3.11 Xinjiang Goldwind Science & Technology Co. Ltd.; 15.3.11.1 Company Overview; 15.3.11.2 Product Portfolio; 15.3.11.3 Financials; 15.3.11.4 SWOT Analysis

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