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Global Offshore Wind Power Market 2015-2019

Global Offshore Wind Power Market 2015-2019

About Offshore Wind Power

Offshore wind power is the generation of electricity from wind by constructing wind farms in water bodies. It is estimated to be one of the cheapest and cleanest forms of electricity generation. Offshore wind turbines are larger in size and have greater wind speed compared with onshore wind turbines. Offshore wind power offers various advantages compared with onshore wind power.

TechNavio's analysts forecast the Global Offshore Wind Power market to grow at a CAGR of 17.5 percent (by Revenue) over the period 2014-2019.

Covered in this Report

TechNavio's report, the Global Offshore Wind Power Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Offshore Wind Power forecast and its growth prospects in the coming years. The report also includes the segmentation on the basis of Foundation Type and Geography. The report also includes a discussion of the key vendors operating in this market. Key Regions

  • America
  • APAC
  • EMEA
Key Vendors
  • GE Energy
  • Senvion SE
  • Siemens
  • Sinovel Wind Group
  • Vestas
Other Prominent Vendors
  • Alstom
  • Areva SA
  • Clipper Windpower
  • Doosan Heavy Industries & Construction
  • Gamesa Technology
  • Goldwind Science & Technology
  • Hyosung Power and Industrial Systems Performance Group
  • Hyundai Heavy Industries
  • Mitsubishi Heavy Industries
  • Nordex SE
  • Samsung Heavy Industries
  • Sinovel Wind Group
  • STX Windpower
  • XEMC‐Darwind
Market Driver
  • Favourable Government Policies and Higher Return on Investment
  • For a full, detailed list, view our report
Market Challenge
  • Need of Huge Investments
  • For a full, detailed list, view our report
Market Trend
  • Increase in Fiscal Benefits
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 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?


Press Release

TechNavio Announces the Publication of its Research Report – Global Offshore Wind Power Market 2015-2019

TechNavio recognizes the following companies as the key players in the Global Offshore Wind Power Market: GE Energy, Senvion SE, Siemens, Sinovel Wind Group and Vestas A/S.

Other Prominent Vendors in the market are: Alstom, Areva, Clipper Windpower, Doosan Heavy Industries & Construction, Gamesa Technology, GE Energy, Goldwind Science & Technology, Hyosung Power and Industrial Systems Performance Group, Hyundai Heavy Industries, Mitsubishi Heavy Industries, Nordex, Samsung Heavy Industries, Sinovel Wind Group, STX Windpower and XEMC‐Darwind.

Commenting on the report, an analyst from TechNavio’s team said: “The increased fiscal benefit provided by the installation of offshore wind power is a major trend in the market. One of the major fiscal benefits that offshore wind power investors and turbine manufacturers can avail is the FiT, which is a policy designed by several governments to encourage investment in technology related to renewable energy generation.”

According to the report, increased environmental concerns are one of the key drivers of this market. The relatively environmentally friendly nature of offshore wind power will positively impact the growth of this market. Offshore wind power generation leaves a remarkably small carbon footprint. Carbon emissions associated with offshore wind power operations are zero. Emissions are emitted in the manufacturing processes related to various offshore wind power components.

Further, the report states that one of the challenges confronting the market is the need for huge investments in offshore wind power. The cost of financing an offshore wind farm is high when compared to other renewable power sources.

Companies Mentioned

GE Energy, Senvion SE, Siemens , Sinovel Wind Group, Vestas, Alstom , Areva SA, Clipper Windpower , Doosan Heavy Industries & Construction , Gamesa Technology , Goldwind Science & Technology , Hyosung Power and Industrial Systems Performance Group, Hyundai HeavyIndustries , Mitsubishi Heavy Industries , Nordex SE, Samsung Heavy Industries , Sinovel Wind Group , STX Windpower , XEMC‐Darwind

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Market Landscape
    • Market Overview
    • Technological Overview
      • Table Components of Wind Turbine
      • Technological Evolution
        • Table Hub Height and Wind Turbine Capacity Evolution 1990-2030F (m)
        • Table Average Turbine Capacity 2007-2017 (MW)
      • Types of Offshore Wind Turbine Foundations
        • Table Types of Offshore Wind Turbine Foundation by Sea Depth (m)
        • Table Monopile Foundation Offshore Wind Turbine
        • Table Gravity-based Foundation Offshore Wind Turbine
        • Table Jacket Foundation Offshore Wind Turbine
        • Table Floating Foundation Offshore Wind Turbine
        • Table Tripod/-pile Foundation Offshore Wind Turbine
    • Market Size and Forecast by Revenue
      • Market Size and Forecast by Revenue
        • Table Global Offshore Wind Power Market by Revenue 2014-2019 (US$ million)
      • Market Size and Forecast by Cumulative Installed Capacity
        • Table Global Offshore Wind Power Market by Cumulative Installed Capacity 2014-2019 (MW)
      • Market Size and Forecast by Annual Capacity Addition
        • Table Global Offshore Wind Power Market by Annual Capacity Addition 2014-2019 (MW)
  • Offshore Wind Cost Analysis
    • CAPEX Cost Breakdown
    • CAPEX Cost Breakdown by Category
      • Table CAPEX Cost Breakdown by Category
    • CAPEX Cost Breakdown by Overall Cost Components
      • Table CAPEX Cost Breakdown by Overall Cost Components
      • Table Cost Breakdown of Development and Consent Activities
      • Table Overall Cost Components of Development and Consent Activities
      • Table Cost Breakdown of Turbine Activities
      • Table Overall Cost Components of Turbine Activities
      • Table Cost Breakdown of Balance of Plant Activities
      • Table Overall Cost Components of Balance of Plant Activities
      • Table Cost Breakdown of Installation and Commissioning Activities
      • Table Overall Cost Components of Installation and Commissioning Activities
    • Five Forces Analysis
  • Market Segmentation by Foundation Type
    • Global Offshore Wind Power Market by Foundation Type 2014
      • Table Global Offshore Wind Power Market by Foundation Type 2014
    • Global Offshore Wind Power Market by Foundation Type 2019
      • Table Global Offshore Wind Power Market by Foundation Type 2019
      • Table Global Offshore Wind Power Market by Foundation Type 2014-2019
    • Global Offshore Wind Power Market in Monopile Segment
      • Market Size and Forecast
        • Table Global Offshore Wind Power Market in Monopile Segment 2014-2019 (MW)
    • Global Offshore Wind Power Market in Gravity-based Segment
      • Market Size and Forecast
        • Table Global Offshore Wind Power Market in Gravity-based Segment 2014-2019 (MW)
    • Global Offshore Wind Power Market in Jacket Segment
      • Market Size and Forecast
        • Table Global Offshore Wind Power Market in Jacket Segment 2014-2019 (MW)
    • Global Offshore Wind Power Market in Floating Segment
      • Market Size and Forecast
        • Table Global Offshore Wind Power Market in Floating Segment 2014-2019 (MW)
    • Global Offshore Wind Power Market in Tripod/-pile Segment
      • Market Size and Forecast
        • Table Global Offshore Wind Power Market in Tripod/-pile Segment 2014-2019 (MW)
  • Geographical Segmentation
    • Global Offshore Wind Power Market by Geographical Segmentation 2014
      • Table Global Offshore Wind Power Market by Geographical Segmentation 2014
    • Global Offshore Wind Power Market by Geographical Segmentation 2019
      • Table Global Offshore Wind Power Market by Geographical Segmentation 2019
    • Global Offshore Wind Power Market by Geographical Segmentation 2014-2019
      • Table Global Offshore Wind Power Market by Geographical Segmentation 2014-2019
    • Offshore Wind Power Market in EMEA Region
      • Market Size and Forecast by Installed Capacity
        • Table Offshore Wind Power Market in EMEA Region by Installed Capacity 2014-2019 (MW)
      • Market Size and Forecast by Revenue
        • Table Offshore Wind Power Market in EMEA Region by Revenue 2014-2019 (US$ million)
      • Cost of Installation in EMEA Region
        • Table Cost of Installation in EMEA Region 2014-2019 (US$ million/MW)
    • Offshore Wind Power Market in APAC Region
      • Market Size and Forecast by Installed Capacity
        • Table Offshore Wind Power Market in APAC Region by Installed Capacity 2014-2019 (MW)
      • Market Size and Forecast by Revenue
        • Table Offshore Wind Power Market in APAC Region by Revenue 2014-2019 (US$ million)
      • Cost of Installation in APAC Region
        • Table Cost of Installation in APAC Region 2014-2019 (US$ million/MW)
    • Offshore Wind Power Market in Americas
      • Market Size and Forecast by Installed Capacity
        • Table Offshore Wind Power Market in Americas by Installed Capacity 2014-2019 (MW)
      • Market Size and Forecast by Revenue
        • Table Offshore Wind Power Market in Americas by Revenue 2014-2019 (US$ million)
      • Cost of Installation in Americas
        • Table Cost of Installation in Americas 2014-2019 (US$ million/MW)
  • Key Leading Countries
    • UK
    • Denmark
    • Germany
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
    • Table Evolution of Offshore Wind Power Turbines 2014-2030
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
      • Key News
    • Other Prominent Vendors
  • Key Vendor Analysis
    • GE Energy
      • Key Facts
      • Business Description
      • Business Segmentation
        • Table GE Energy: Business Segmentation
      • Business Strategy
      • Revenue Segmentation by Business
        • Table GE Energy: Revenue Segmentation for FY2013
        • Table Revenue Comparison by Segments for FY2013 and FY2012 (in US$ million)
      • Key Developments
      • SWOT Analysis
    • Senvion
      • Key Facts
      • Business Overview
      • Wind Energy Solutions
        • Table Senvion: Wind Energy Solutions
      • Geographical Segmentation
        • Table Senvion: Geographical Segmentation
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Siemens
      • Key Facts
      • Business Description
      • Business Segmentation
        • Table Siemens: Business Segmentation 2013
      • Revenue by Business Segmentation
        • Table Siemens: Revenue by Business Segmentation 2013
      • Revenue Comparison by Business Segmentation 2012 and 2013
        • Table Siemens: Revenue by Business Segmentation 2012 and 2013 (US$ billion)
      • Sales by Geography
        • Table Siemens: Revenue by Geographical Segmentation 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Sinovel Wind Group
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2012 and 2013
        • Table Sinovel Wind Group: Business Segmentation by Revenue 2012 and 2013 (US$ million)
      • Geographical Segmentation by Revenue 2013
        • Table Sinovel Wind Group: Geographical Segmentation by Revenue 2013
      • SWOT Analysis
    • Vestas
      • Key Facts
      • Business Overview
      • Business Segmentation
        • Table Vestas: Business Segmentation 2013
      • Business Segmentation by Revenue 2013
        • Table Vestas: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Vestas: Business Segmentation by Revenue 2012 and 2013 (US$ million)
      • Geographical Segmentation by Revenue 2013
        • Table Vestas: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

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