Global Offshore Wind Energy Market
Description
MARKET SCOPE:
The global Offshore Wind Energy market is projected to grow significantly, registering a CAGR of 10.8% during the forecast period (2024 – 2032).
Offshore wind energy refers to the harnessing of wind power from wind turbines situated in bodies of water, typically seas or oceans. These wind turbines are strategically located offshore to capture strong and consistent winds, generating electricity through the rotation of their blades. Offshore wind farms are composed of multiple turbines connected to an offshore substation, which then transfers the generated electricity to the onshore grid for distribution. The key components of an offshore wind energy system include the wind turbines, support structures (foundations), subsea cables, and electrical infrastructure. There is a global push to transition from fossil fuels to renewable energy sources to mitigate climate change and reduce greenhouse gas emissions. Offshore wind energy is a key player in this transition, offering a clean and abundant source of electricity. Many governments worldwide have set ambitious renewable energy targets and implemented supportive policies to encourage the development of offshore wind projects. These policies often include financial incentives, feed-in tariffs, and clear regulatory frameworks. Offshore wind contributes to energy security by diversifying the energy mix and reducing reliance on imported fossil fuels. Countries with extensive coastlines see offshore wind as a strategic asset for meeting their energy needs. Advances in technology and increased experience in offshore wind project development have led to significant cost reductions. This has made offshore wind more competitive with traditional energy sources, further driving demand.
MARKET OVERVIEW:
Driver: Growing technological advancements is driving the market growth.
Larger and more efficient offshore wind turbines have been developed, with increased rotor diameters and higher capacities. Advanced aerodynamics and materials are employed to optimize power output and enhance the performance of turbines in varying wind conditions. The development of floating offshore wind technology has expanded the potential deployment of wind farms to deeper waters where fixed foundations are not feasible. This innovation opens up new geographical areas for offshore wind projects. Different types of foundation structures have been designed to suit various seabed conditions and water depths. This includes innovations in monopile, jacket, gravity-based, and suction bucket foundations. These advancements improve stability and reduce the environmental impact of installation. Innovations in installation methods, such as improved vessel designs and dynamic positioning systems, have enhanced the efficiency and safety of installing offshore wind turbines. Automated and semi-automated installation processes contribute to cost reductions. Advanced sensor technologies and data analytics are employed for condition monitoring and predictive maintenance of offshore wind turbines. This allows operators to anticipate potential issues, optimize maintenance schedules, and minimize downtime. Technological advancements in grid integration enable the seamless connection of offshore wind farms to onshore grids. High-voltage direct current (HVDC) transmission systems and subsea cable technologies have improved efficiency in power transmission over long distances.
Opportunities: Renewable energy transition is a key factor for the market growth in the upcoming years.
Offshore wind energy is a clean and renewable power source that generates electricity without emitting greenhouse gases. By replacing conventional fossil fuel-based power generation, offshore wind helps reduce the overall carbon footprint and combat climate change. Offshore wind farms leverage the strong and consistent winds over oceans, which allows for a more continuous and reliable energy production compared to onshore wind. This abundance of wind resources provides a significant and sustainable energy supply. Integrating offshore wind energy into the energy mix diversifies the sources of electricity generation. This diversification enhances energy security by reducing reliance on a single energy source and contributes to a more resilient and sustainable energy system. Offshore wind projects have demonstrated scalability, with the potential to harness significant amounts of energy. As technology advances and more projects come online, the capacity of offshore wind farms is expected to grow, further supporting the transition to renewable energy. Many countries and regions worldwide have set ambitious renewable energy targets as part of their climate action plans. Offshore wind projects play a crucial role in meeting these targets by providing a reliable and large-scale source of clean energy. The development, construction, and operation of offshore wind farms contribute to job creation and stimulate economic growth. This helps in the transition to a green economy, fostering sustainable employment opportunities.
COVID IMPACT:
The pandemic led to disruptions in global supply chains, affecting the manufacturing and delivery of wind turbine components and other essential materials. Delays in the production and transportation of components could impact project timelines. Many offshore wind projects experienced delays or were temporarily put on hold due to lockdowns, travel restrictions, and social distancing measures. Construction activities and project timelines were affected, leading to postponements in some cases. Like many industries, the offshore wind sector faced challenges in transitioning to remote work. Collaboration and coordination among project teams, regulatory authorities, and stakeholders were impacted, potentially slowing decision-making processes. Economic uncertainties caused by the pandemic may have affected financing for offshore wind projects. Investors and financial institutions may have become more cautious, potentially leading to adjustments in project funding and financing structures. Some governments increased their focus on economic recovery and renewable energy as part of their post-pandemic strategies. However, others faced budget constraints, potentially impacting the level of financial support for renewable energy projects, including offshore wind. Operating and maintaining existing offshore wind farms faced challenges due to travel restrictions and limitations on personnel movement. Maintenance schedules and activities may have been adjusted to comply with health and safety protocols. Travel restrictions and lockdowns imposed in various regions made it difficult for maintenance crews to travel to offshore wind farms. This led to delays in routine inspections, repairs, and scheduled maintenance activities. Adherence to health and safety protocols became a top priority. Implementing social distancing measures, providing personal protective equipment (PPE), and ensuring proper hygiene practices became essential for personnel working on and offshore.
SEGMENTATION ANALYSIS:
Fixed Foundation segment is anticipated to grow significantly during the forecast period
Monopile foundations are cylindrical steel structures that are driven into the seabed. They are most suitable for shallow to moderately deep waters. The monopile extends above the water surface and supports the wind turbine tower and nacelle. Jacket foundations consist of lattice-like steel structures with multiple legs that are also anchored to the seabed. These foundations are well-suited for a wider range of water depths compared to monopiles and provide additional stability. Gravity-based foundations are large concrete structures that rest on the seabed. They use their weight to counteract the buoyancy and stabilize the structure. These foundations are often used in areas with challenging seabed conditions.
The Greater than or equal to 5MW segment is anticipated to grow significantly during the forecast period
There is a global trend toward deploying larger offshore wind turbines with higher capacities. Modern offshore wind turbines often have capacities ranging from 8 MW to 15 MW or even more. Many offshore wind projects are developed on a gigawatt scale, with total capacities exceeding 1000 MW. These large-scale projects can involve multiple wind turbines spread across a considerable offshore area. Countries in the Asia-Pacific region, including China, Taiwan, and Japan, are rapidly expanding their offshore wind capacity. Projects in these regions often have capacities exceeding 5 MW, contributing to the global growth of offshore wind energy. Ongoing advancements in turbine technology, such as larger rotor diameters and higher hub heights, contribute to the increase in individual turbine capacities and overall project sizes.
REGIONAL ANALYSIS:
The Asia Pacific region is set to witness significant growth during the forecast period.
The offshore wind energy sector in the Asia Pacific region has been experiencing significant growth and attention. Several countries in the Asia Pacific region have been investing in and expanding their offshore wind energy capacity. China has been a major player in offshore wind energy development. The country has made substantial investments in building offshore wind farms along its coastlines. Chinese companies have been actively involved in both domestic and international offshore wind projects. Taiwan has emerged as a key player in the Asia Pacific offshore wind market. The government has been supportive of offshore wind development, offering attractive incentives and promoting regulatory frameworks to encourage investment. Taiwan has several offshore wind projects in the pipeline. Japan has been exploring its offshore wind potential, with plans to increase the share of renewable energy in its energy mix. The country has announced ambitious targets for offshore wind capacity and is working on regulatory frameworks to facilitate project development. South Korea has also shown interest in expanding its offshore wind capacity. The government has set targets for renewable energy development, and offshore wind projects are part of this strategy. South Korean companies are involved in both domestic and international projects. Other countries in the Asia Pacific region, such as Vietnam and India, are beginning to explore offshore wind as part of their renewable energy portfolios. These nations are assessing their offshore wind potential and considering policies to attract investments.
COMPETITIVE ANALYSIS
The global Offshore Wind Energy market is reasonably competitive with mergers, acquisitions, and product launches. See some of the major key players in the market.
General Electric Company
General Electric (GE) Company was constructing a plant in Bergen in April 2023 in association with the world's largest cement company, Holcim, and a company that specialized in 3D printing, called Cobod. It is anticipated that this will allow GE Company to reduce transportation costs by 3D printing the bottom part of the wind turbine towers on-site at wind farms.
Suzlon Energy Limited
In December 2023, the leading supplier of renewable energy solutions in India, Suzlon Group, with its headquarters in Pune, has secured a major contract from The KP Group for a 193.2 MW wind power project. This project, which is situated in the Gujarati districts of Vagra and Vilayat in the Bharuch region, will support the state's large-scale Wind-Solar Hybrid and State Transmission Utility (STU) tariff-based programs meant to increase the proportion of renewable energy. 92 S120 2.1 MW wind turbine generators, each with a 140 m hybrid lattice tubular (HLT) tower, are to be supplied as part of the order.
Siemens Gamesa Renewable Energy SA
Vestas Wind Systems AS
Xinjiang Goldwind Science Technology Co. Ltd
Nordex SE
Others
SCOPE OF THE REPORT
By Foundation Type
Fixed Foundation
Floating Foundation
By Capacity
Less than 5MW
Greater than or Equal to 5MW
By Region
North America (the United States & Canada)
Europe (Germany, UK, France, Spain, Italy, and the Rest of Europe)
Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
Rest of the World (the Middle East & Africa, and Latin America)
KEY REASONS TO PURCHASE THIS REPORT
It provides a technological development map over time to understand the industry’s growth rate and indicates how the Offshore Wind Energy market is evolving.
The report offers a dynamic method to various factors that drive or restrain the growth of the market and specifies which Offshore Wind Energy submarket will be the main driver of the overall market from 2024 to 2032.
It renders a definite analysis of changing competitive dynamics and stipulates the leading players and what are their prospects over the forecast period.
It builds a nine-year estimate based on how the market is predicted to grow and shows what will market shares of the global region change by 2032 and which country will lead the market in 2032.
The global Offshore Wind Energy market is projected to grow significantly, registering a CAGR of 10.8% during the forecast period (2024 – 2032).
Offshore wind energy refers to the harnessing of wind power from wind turbines situated in bodies of water, typically seas or oceans. These wind turbines are strategically located offshore to capture strong and consistent winds, generating electricity through the rotation of their blades. Offshore wind farms are composed of multiple turbines connected to an offshore substation, which then transfers the generated electricity to the onshore grid for distribution. The key components of an offshore wind energy system include the wind turbines, support structures (foundations), subsea cables, and electrical infrastructure. There is a global push to transition from fossil fuels to renewable energy sources to mitigate climate change and reduce greenhouse gas emissions. Offshore wind energy is a key player in this transition, offering a clean and abundant source of electricity. Many governments worldwide have set ambitious renewable energy targets and implemented supportive policies to encourage the development of offshore wind projects. These policies often include financial incentives, feed-in tariffs, and clear regulatory frameworks. Offshore wind contributes to energy security by diversifying the energy mix and reducing reliance on imported fossil fuels. Countries with extensive coastlines see offshore wind as a strategic asset for meeting their energy needs. Advances in technology and increased experience in offshore wind project development have led to significant cost reductions. This has made offshore wind more competitive with traditional energy sources, further driving demand.
MARKET OVERVIEW:
Driver: Growing technological advancements is driving the market growth.
Larger and more efficient offshore wind turbines have been developed, with increased rotor diameters and higher capacities. Advanced aerodynamics and materials are employed to optimize power output and enhance the performance of turbines in varying wind conditions. The development of floating offshore wind technology has expanded the potential deployment of wind farms to deeper waters where fixed foundations are not feasible. This innovation opens up new geographical areas for offshore wind projects. Different types of foundation structures have been designed to suit various seabed conditions and water depths. This includes innovations in monopile, jacket, gravity-based, and suction bucket foundations. These advancements improve stability and reduce the environmental impact of installation. Innovations in installation methods, such as improved vessel designs and dynamic positioning systems, have enhanced the efficiency and safety of installing offshore wind turbines. Automated and semi-automated installation processes contribute to cost reductions. Advanced sensor technologies and data analytics are employed for condition monitoring and predictive maintenance of offshore wind turbines. This allows operators to anticipate potential issues, optimize maintenance schedules, and minimize downtime. Technological advancements in grid integration enable the seamless connection of offshore wind farms to onshore grids. High-voltage direct current (HVDC) transmission systems and subsea cable technologies have improved efficiency in power transmission over long distances.
Opportunities: Renewable energy transition is a key factor for the market growth in the upcoming years.
Offshore wind energy is a clean and renewable power source that generates electricity without emitting greenhouse gases. By replacing conventional fossil fuel-based power generation, offshore wind helps reduce the overall carbon footprint and combat climate change. Offshore wind farms leverage the strong and consistent winds over oceans, which allows for a more continuous and reliable energy production compared to onshore wind. This abundance of wind resources provides a significant and sustainable energy supply. Integrating offshore wind energy into the energy mix diversifies the sources of electricity generation. This diversification enhances energy security by reducing reliance on a single energy source and contributes to a more resilient and sustainable energy system. Offshore wind projects have demonstrated scalability, with the potential to harness significant amounts of energy. As technology advances and more projects come online, the capacity of offshore wind farms is expected to grow, further supporting the transition to renewable energy. Many countries and regions worldwide have set ambitious renewable energy targets as part of their climate action plans. Offshore wind projects play a crucial role in meeting these targets by providing a reliable and large-scale source of clean energy. The development, construction, and operation of offshore wind farms contribute to job creation and stimulate economic growth. This helps in the transition to a green economy, fostering sustainable employment opportunities.
COVID IMPACT:
The pandemic led to disruptions in global supply chains, affecting the manufacturing and delivery of wind turbine components and other essential materials. Delays in the production and transportation of components could impact project timelines. Many offshore wind projects experienced delays or were temporarily put on hold due to lockdowns, travel restrictions, and social distancing measures. Construction activities and project timelines were affected, leading to postponements in some cases. Like many industries, the offshore wind sector faced challenges in transitioning to remote work. Collaboration and coordination among project teams, regulatory authorities, and stakeholders were impacted, potentially slowing decision-making processes. Economic uncertainties caused by the pandemic may have affected financing for offshore wind projects. Investors and financial institutions may have become more cautious, potentially leading to adjustments in project funding and financing structures. Some governments increased their focus on economic recovery and renewable energy as part of their post-pandemic strategies. However, others faced budget constraints, potentially impacting the level of financial support for renewable energy projects, including offshore wind. Operating and maintaining existing offshore wind farms faced challenges due to travel restrictions and limitations on personnel movement. Maintenance schedules and activities may have been adjusted to comply with health and safety protocols. Travel restrictions and lockdowns imposed in various regions made it difficult for maintenance crews to travel to offshore wind farms. This led to delays in routine inspections, repairs, and scheduled maintenance activities. Adherence to health and safety protocols became a top priority. Implementing social distancing measures, providing personal protective equipment (PPE), and ensuring proper hygiene practices became essential for personnel working on and offshore.
SEGMENTATION ANALYSIS:
Fixed Foundation segment is anticipated to grow significantly during the forecast period
Monopile foundations are cylindrical steel structures that are driven into the seabed. They are most suitable for shallow to moderately deep waters. The monopile extends above the water surface and supports the wind turbine tower and nacelle. Jacket foundations consist of lattice-like steel structures with multiple legs that are also anchored to the seabed. These foundations are well-suited for a wider range of water depths compared to monopiles and provide additional stability. Gravity-based foundations are large concrete structures that rest on the seabed. They use their weight to counteract the buoyancy and stabilize the structure. These foundations are often used in areas with challenging seabed conditions.
The Greater than or equal to 5MW segment is anticipated to grow significantly during the forecast period
There is a global trend toward deploying larger offshore wind turbines with higher capacities. Modern offshore wind turbines often have capacities ranging from 8 MW to 15 MW or even more. Many offshore wind projects are developed on a gigawatt scale, with total capacities exceeding 1000 MW. These large-scale projects can involve multiple wind turbines spread across a considerable offshore area. Countries in the Asia-Pacific region, including China, Taiwan, and Japan, are rapidly expanding their offshore wind capacity. Projects in these regions often have capacities exceeding 5 MW, contributing to the global growth of offshore wind energy. Ongoing advancements in turbine technology, such as larger rotor diameters and higher hub heights, contribute to the increase in individual turbine capacities and overall project sizes.
REGIONAL ANALYSIS:
The Asia Pacific region is set to witness significant growth during the forecast period.
The offshore wind energy sector in the Asia Pacific region has been experiencing significant growth and attention. Several countries in the Asia Pacific region have been investing in and expanding their offshore wind energy capacity. China has been a major player in offshore wind energy development. The country has made substantial investments in building offshore wind farms along its coastlines. Chinese companies have been actively involved in both domestic and international offshore wind projects. Taiwan has emerged as a key player in the Asia Pacific offshore wind market. The government has been supportive of offshore wind development, offering attractive incentives and promoting regulatory frameworks to encourage investment. Taiwan has several offshore wind projects in the pipeline. Japan has been exploring its offshore wind potential, with plans to increase the share of renewable energy in its energy mix. The country has announced ambitious targets for offshore wind capacity and is working on regulatory frameworks to facilitate project development. South Korea has also shown interest in expanding its offshore wind capacity. The government has set targets for renewable energy development, and offshore wind projects are part of this strategy. South Korean companies are involved in both domestic and international projects. Other countries in the Asia Pacific region, such as Vietnam and India, are beginning to explore offshore wind as part of their renewable energy portfolios. These nations are assessing their offshore wind potential and considering policies to attract investments.
COMPETITIVE ANALYSIS
The global Offshore Wind Energy market is reasonably competitive with mergers, acquisitions, and product launches. See some of the major key players in the market.
General Electric Company
General Electric (GE) Company was constructing a plant in Bergen in April 2023 in association with the world's largest cement company, Holcim, and a company that specialized in 3D printing, called Cobod. It is anticipated that this will allow GE Company to reduce transportation costs by 3D printing the bottom part of the wind turbine towers on-site at wind farms.
Suzlon Energy Limited
In December 2023, the leading supplier of renewable energy solutions in India, Suzlon Group, with its headquarters in Pune, has secured a major contract from The KP Group for a 193.2 MW wind power project. This project, which is situated in the Gujarati districts of Vagra and Vilayat in the Bharuch region, will support the state's large-scale Wind-Solar Hybrid and State Transmission Utility (STU) tariff-based programs meant to increase the proportion of renewable energy. 92 S120 2.1 MW wind turbine generators, each with a 140 m hybrid lattice tubular (HLT) tower, are to be supplied as part of the order.
Siemens Gamesa Renewable Energy SA
Vestas Wind Systems AS
Xinjiang Goldwind Science Technology Co. Ltd
Nordex SE
Others
SCOPE OF THE REPORT
By Foundation Type
Fixed Foundation
Floating Foundation
By Capacity
Less than 5MW
Greater than or Equal to 5MW
By Region
North America (the United States & Canada)
Europe (Germany, UK, France, Spain, Italy, and the Rest of Europe)
Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
Rest of the World (the Middle East & Africa, and Latin America)
KEY REASONS TO PURCHASE THIS REPORT
It provides a technological development map over time to understand the industry’s growth rate and indicates how the Offshore Wind Energy market is evolving.
The report offers a dynamic method to various factors that drive or restrain the growth of the market and specifies which Offshore Wind Energy submarket will be the main driver of the overall market from 2024 to 2032.
It renders a definite analysis of changing competitive dynamics and stipulates the leading players and what are their prospects over the forecast period.
It builds a nine-year estimate based on how the market is predicted to grow and shows what will market shares of the global region change by 2032 and which country will lead the market in 2032.
Table of Contents
169 Pages
- 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Regional Analysis
- 1.3. Segment Analysis
- 2. Overview And Scope
- 2.1. Market Vision
- 2.1.1. Market Definition
- 2.2. Market Segmentation
- 3. Global Offshore Wind Energy Market Overview By Region: 2019 Vs 2023 Vs 2032
- 3.1. Global Offshore Wind Energy Market Size By Regions (2019-2023) (Usd Million)
- 3.1.1. North America Offshore Wind Energy Market Size By Country (2019-2023) (Usd Million)
- 3.1.2. Europe Offshore Wind Energy Market Size By Country (2019-2023) (Usd Million)
- 3.1.3. Asia Pacific America Offshore Wind Energy Market Size By Country (2019-2023) (Usd Million)
- 3.1.4. Rest Of The World Offshore Wind Energy Market Size By Country (2019-2023) (Usd Million)
- 3.2. Global Offshore Wind Energy Market Size By Regions (2024-2032) (Usd Million)
- 3.2.1. North America Offshore Wind Energy Market Size By Country (2024-2032) (Usd Million)
- 3.2.2. Europe Offshore Wind Energy Market Size By Country (2024-2032) (Usd Million)
- 3.2.3. Asia Pacific Offshore Wind Energy Market Size By Country (2024-2032) (Usd Million)
- 3.2.4. Rest Of The World Offshore Wind Energy Market Size By Country (2024-2032) (Usd Million)
- 4. Global Offshore Wind Energy Market Dynamics
- 4.1. Market Overview
- 4.1.1. Market Drivers
- 4.1.2. Market Restraints/ Challenges Analysis
- 4.1.3. Market Opportunities
- 4.2. Pestle Analysis
- 4.3. Porter’s Five Forces Model
- 4.3.1. Bargaining Power Of Suppliers
- 4.3.2. Bargaining Power Of Buyers
- 4.3.3. The Threat Of New Entrants
- 4.3.4. Threat Of Substitutes
- 4.3.5. Intensity Of Rivalry
- 4.4. Value Chain Analysis/Supply Chain Analysis
- 4.5. Covid-19 Impact Analysis On Global Offshore Wind Energy Market
- ** In – Depth Qualitative Analysis Will Be Provided In The Final Report Subject To Market
- 5. Global Offshore Wind Energy Market, By Foundation Type
- 5.1. Overview
- 5.2. Global Offshore Wind Energy Market Size By Foundation Type (2019 - 2032) (Usd Million)
- 5.3. Key Findings For Offshore Wind Energy Market - By Foundation Type
- 5.3.1. Fixed Foundation
- 5.3.2. Floating Foundation
- 6. Global Offshore Wind Energy Market, By Capacity
- 6.1. Overview
- 6.2. Key Findings For Offshore Wind Energy Market - By Capacity
- 6.2.1. Less Than 5mw
- 6.2.2. Greater Than Or Equal To 5mw
- 7. Global Offshore Wind Energy Market, By Region
- 7.1. Overview
- 7.2. Key Findings For Offshore Wind Energy Market- By Region
- 7.3. Global Offshore Wind Energy Market, By Foundation Type
- 7.4. Global Offshore Wind Energy Market, By Capacity
- 8. Global Offshore Wind Energy Market- North America
- 8.1. Overview
- 8.2. North America Offshore Wind Energy Market Size (2019 - 2032) (Usd Million)
- 8.3. North America Offshore Wind Energy Market, By Foundation Type
- 8.4. North America Offshore Wind Energy Market, By Capacity
- 8.5. North America Offshore Wind Energy Market Size By Countries
- 8.5.1. United States
- 8.5.2. Canada
- 9. Global Offshore Wind Energy Market- Europe
- 9.1. Overview
- 9.2. Europe Offshore Wind Energy Market Size (2019 - 2032) (Usd Million)
- 9.3. Europe Offshore Wind Energy Market, By Foundation Type
- 9.4. Europe Offshore Wind Energy Market, By Capacity
- 9.5. Europe Offshore Wind Energy Market Size By Countries
- 9.5.1. Germany
- 9.5.2. Uk
- 9.5.3. France
- 9.5.4. Spain
- 9.5.5. Italy
- 9.5.6. Rest Of Europe
- 10. Global Offshore Wind Energy Market - Asia Pacific
- 10.1. Overview
- 10.2. Asia Pacific Offshore Wind Energy Market Size (2019 - 2032) (Usd Million)
- 10.3. Asia Pacific Offshore Wind Energy Market, By Foundation Type
- 10.4. Asia Pacific Offshore Wind Energy Market, By Capacity
- 10.5. Asia Pacific Offshore Wind Energy Market Size By Countries
- 10.5.1. China
- 10.5.2. Japan
- 10.5.3. India
- 10.5.4. Rest Of Asia Pacific
- 11. Global Offshore Wind Energy Market- Rest Of World
- 11.1. Overview
- 11.2. Rest Of World Offshore Wind Energy Market Size (2019 - 2032) (Usd Million)
- 11.3. Rest Of World Offshore Wind Energy Market, By Foundation Type
- 11.4. Rest Of World Offshore Wind Energy Market, By Capacity
- 11.5. Rest Of World Offshore Wind Energy Market Size By Regions
- 11.5.1. Middle East & Africa
- 11.5.2. Latin America
- 12. Global Offshore Wind Energy Market- Competitive Landscape
- 12.1. Key Strategies Adopted By The Leading Players
- 12.2. Recent Developments
- 12.2.1. Investments & Expansions
- 12.2.2. New End-user Launches
- 12.2.3. Mergers & Acquisitions
- 12.2.4. Agreements, Joint Ventures, And Partnerships
- 13. Global Offshore Wind Energy Market- Company Profiles
- 13.1. Siemens Gamesa Renewable Energy Sa
- 13.1.1. Company Overview
- 13.1.2. Financial Overview
- 13.1.3. Product Offered
- 13.1.4. Key Developments
- 13.2. Vestas Wind Systems As
- 13.3. Xinjiang Goldwind Science Technology Co. Ltd
- 13.4. General Electric Company
- 13.5. Suzlon Energy Limited
- 13.6. Nordex Se
- 14. Our Research Methodology
- 14.1. Data Triangulation
- 14.2. Data Sources
- 14.2.1. Secondary Sources
- 14.2.2. Primary Sources
- 14.3. Assumptions/ Limitations For The Study
- 14.4. Research & Forecasting Methodology
- 15. Appendix
- 15.1. Disclaimer
- 15.2. Contact Us
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