Market Research Logo

Offshore Wind Power Market Report 2018-2028

Offshore Wind Power Market Report 2018-2028

Visiongain has calculated that the global offshore wind market will see capital expenditure (CAPEX) of $24,448m in 2018, including spending on turbines, foundations and installation services. This report addresses the development of the global offshore wind market, analysing the prospects for four submarkets and twelve national markets. It focuses on CAPEX for the EPC of projects for 2018-2028, and also includes a global offshore wind capacity forecast for this period. It is essential reading for stakeholders in the wind and power generation industry. Do not miss an opportunity to remain informed of key market dynamics and investment opportunities.

This report is essential reading for anyone in the power or renewables sectors with an interest in offshore wind. Purchasing this report today will allow you to recognise important market opportunities and make informed business decisions about the global offshore wind market.

The report will answer questions such as:

  • How is the global offshore wind market evolving?
  • What are the prospects for cost reduction in the three key components of the offshore wind market: foundations, turbines and installation services
  • Which countries are currently attracting the greatest spending and which will see the highest growth rates over the next ten years?
  • Who are the main companies in the global offshore wind market, where do they operate and what are their future prospects?
  • What are the main factors driving and restraining each of the leading national offshore wind markets?
Four reasons why you must order and read this report today:

1) The report provides CAPEX forecasts and analyses for the four main offshore wind components from 2018-2028:
  • Turbines
  • Foundations
  • Installation services
  • Other
2) The report includes CAPEX forecasts and detailed analysis of developments in tweleve national markets from 2018 to 2028:
  • The Taiwanese Offshore Wind Market Forecast 2018-2028
  • The USA Offshore Wind Market Forecast 2018-2028
  • The Chinese Offshore Wind Market Forecast 2018-2028
  • The Japanese Offshore Wind Market Forecast 2018-2028
  • The Rest of the World Offshore Wind Market Forecast 2018-2028
  • The Belgian Offshore Wind Market Forecast 2018-2028
  • The French Offshore Wind Market Forecast 2018-2028
  • The Polish Offshore Wind Market Forecast 2018-2028
  • The German Offshore Wind Market Forecast 2018-2028
  • The Netherlands Offshore Wind Market Forecast 2018-2028
  • The UK Offshore Wind Market Forecast 2018-2028
  • The Indian Offshore Wind Market Forecast 2018-2028
3) The report also includes detailed tables of all existing and planned offshore wind power projects:

Planned Projects
  • Project Name
  • Capacity MW
  • Year of Commencement
Operational Projects
  • Project Name
  • Owner
  • Estimated Cost $m
  • Location
  • Year Commissioned
  • Total Capacity (MW)
  • Turbine Capacity and Manufacturer
  • Average Depth (m)
  • Distance to Shore (km)
  • Foundation Type
4) The report includes detailed profiles of the ten leading companies operating in the offshore wind power market including an overview of their key projects:
  • Dong Energy
  • Doosan Heavy Industries & Construction
  • E.ON SE
  • Eneco Group
  • General Electric Company
  • RWE Group
  • Senvion S.A.
  • Siemens AG
  • Vattenfall AB
  • Vestas
This independent, 198-page report guarantees you will remain better informed than your competitors. With 134 tables and figures examining the offshore wind market space, the report gives you a direct, detailed breakdown of the offshore wind market. With CAPEX forecasts, a detailed breakdown of historical installed offshore wind capacity and national offshore wind capacity forecasts, as well as in-depth analysis from 2018-2028, this report will keep your knowledge that one step ahead of your rivals.

Who should read this report?
  • Anyone within the wind power value chain
  • CEOs
  • COOs
  • CIOs
  • Business development managers
  • Marketing managers
  • Technologists
  • Suppliers
  • Investors
  • Banks
  • Government agencies
  • Contractors
  • Transmission and distribution system operators
  • Electricity sector utilities
  • Operators and owners of offshore plants
Don’t miss out.

This report is essential reading for you or anyone in the power or energy sector with an interest in offshore wind. Purchasing this report today will provide you with invaluable insight that will help you to recognise vital market opportunities and challenges.

Please Note: Prior to initiating fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.

The publisher is using a password system to access all reports. Single user (non-printable) and departmental licenses expires after 12 month period. In the case of departmental site license purchases, the publisher requires all email addresses for the licensed users prior to fulfillment.


1. Report Overview
1.1 Global Offshore Wind Market Overview
1.2 Why You Should Read This Report
1.3 How This Report Delivers
1.4 Key Questions Answered by This Analytical Report Include:
1.5 Who is This Report For?
1.6 Methodology
1.6.1 Primary Research
1.6.2 Secondary Research
1.6.3 Market Evaluation & Forecasting Methodology
1.7 Frequently Asked Questions (FAQ)
1.8 Associated Visiongain Reports
1.9 About Visiongain
2. Introduction to the Offshore Wind Market
2.1 Offshore Wind Market Definition
2.2 Offshore Wind Market Structure
2.3 Brief History of Offshore Wind
3. Global Offshore Wind Market 2018-2028
3.1 Global Offshore Wind Market Forecast 2018-2028
3.2 Details of Existing Offshore Wind Farms
3.3 Offshore Wind Market Drivers & Restraints 2018
3.3.1 Drivers in Offshore Wind Market
3.3.1.1 Climate Change Policies
3.3.1.2 Increasing Turbine Capacity
3.3.1.3 New Foundation Designs
3.3.1.4 Need to Replace Power Generation Capacity
3.3.1.5 Diversification of Equity Holders
3.3.2 Restraints in the Offshore Wind Market
3.3.2.1 Reliance on Support Mechanisms
3.3.2.2 Public Resistance
3.3.2.3 Availability of Grid Connections
3.3.2.4 Availability of Ports for Connection
4. Global Offshore Wind Market by Component Forecast 2018-2028
4.1 Global Offshore Wind Market By Turbine Forecast 2018-2028
4.2 Global Offshore Wind Market By Foundation Forecast 2018-2028
4.3 Global Offshore Wind Market By Installation Forecast 2018-2028
4.4 Global Offshore Wind Market By Other Components Forecast 2018-2028
5. Leading National Offshore Wind Market Forecast 2018-2028
5.1 The US Offshore Wind Market Forecast 2018-2028
5.2 Europe Offshore Wind Market Outlook
5.2.1 The UK Offshore Wind Market Forecast 2018-2028
5.2.1.1 The Evolution of the UK Offshore Wind Market
5.2.2 Germany Offshore Wind Market Forecast 2018-2028
5.2.2.1 The Evolution of the German Offshore Wind Market
5.2.3 Poland Offshore Wind Market Forecast 2018-2028
5.2.4 The Netherlands Offshore Wind Market Forecast 2018-2028
5.2.4.1 The Evolution of the Dutch Offshore Market
5.2.5 Belgium Offshore Wind Market Forecast 2018-2028
5.2.5.1 Evolution of the Belgian Offshore Wind Market
5.2.6 France Offshore Wind Market Forecast 2018-2028
5.3 China Offshore Wind Market Forecast 2018-2028
5.3.1 Evolution of the Chinese Offshore Wind Market
5.4 Japan Offshore Wind Market Forecast 2018-2028
5.4.1 Evolution of the Japanese Offshore Wind Market
5.5 India Offshore Wind Market Forecast 2018-2028
5.6 Taiwan Offshore Wind Market Forecast 2018-2028
5.7 Rest of the World Wind Market Forecast 2018-2028
6. SWOT Analysis of the Offshore Wind Market 2018-2028
7. PEST Analysis of the Offshore Wind Market 2018-2028
8. The Leading Companies in the Offshore Wind Market
8.1 Dong Energy
8.1.1 Dong Energy Wind Power Selected Recent Contracts/ Projects/Programmes 2017
8.1.2 Dong Energy Total Company Regional Sales 2017
8.2 Doosan Heavy Industries & Construction
8.2.1 Doosan Heavy Industries & Construction Wind Power Selected Recent Contracts / Projects / Programmes 2018
8.3 E.ON SE
8.3.1 E.ON SE Total Company Regional Sales 2017
8.4 Eneco Group
8.5 General Electric Company
8.5.1 General Electric Company Wind Power Selected Recent Contracts / Projects / Programmes 2017-2018
8.5.2 General Electric Total Company Regional Sales 2017
8.6 RWE Group
8.6.1 RWE Group Wind Power Selected Recent Contracts / Projects / Programmes 2017-2018
8.6.2 RWE Group Total Company Regional Sales 2017
8.7 Senvion S.A.
8.7.1 Senvion S.A. Wind Power Selected Recent Contracts / Projects / Programmes 2017-2018
8.7.2 Senvion S.A. Total Company Regional Sales 2017
8.8 Siemens AG
8.8.1 Siemens AG Wind Power Selected Recent Contracts / Projects / Programmes 2017-2018
8.8.2 Siemens AG Total Company Regional Sales 2017
8.9 Vattenfall AB
8.9.1 Vattenfall AB Wind Power Selected Recent Contracts / Projects / Programmes 2017-2018
8.9.2 Vattenfall AB Total Company Regional Sales 2017
8.10 Vestas
8.10.1 Vestas Total Company Regional Sales 2017
9. Conclusions and Recommendations
9.1 Key Findings
9.2 Recommendations
10. Glossary
Associated Visiongain Reports
Visiongain Report Sales Order Form
Appendix A
About Visiongain
Appendix B
Visiongain report evaluation form
List of Figures
Figure 2.1 Global Offshore Wind Market - Components
Figure 2.2 Global Offshore Wind Market Segmentation Overview
Figure 3.1 Global Offshore Wind Market Forecast by CAPEX 2018-2028 (US$mn, AGR %)
Figure 3.2 Global Offshore Wind Market Forecast by Installed Capacity 2018-2028 (Capacity MW, AGR %)
Figure 4.1 Global Offshore Wind Market by Turbine Share Forecast 2018 (% Share)
Figure 4.2 Global Offshore Wind Market by Turbine Share Forecast 2023 (% Share)
Figure 4.3 Global Offshore Wind Market by Turbine Share Forecast 2028 (% Share)
Figure 4.4 Offshore Wind Foundation Types
Figure 4.5 Global Offshore Wind Market by Foundation Share Forecast 2018 (% Share)
Figure 4.6 Global Offshore Wind Market by Foundation Share Forecast 2023 (% Share)
Figure 4.7 Global Offshore Wind Market by Foundation Share Forecast 2028 (% Share)
Figure 4.8 Global Offshore Wind Market by Installation Share Forecast 2018 (% Share)
Figure 4.9 Global Offshore Wind Market by Installation Share Forecast 2023 (% Share)
Figure 4.10 Global Offshore Wind Market by Installation Share Forecast 2028 (% Share)
Figure 4.11 Global Offshore Wind Market by Other Components Share Forecast 2018 (% Share)
Figure 4.12 Global Offshore Wind Market by Other Components Share Forecast 2023 (% Share)
Figure 4.13 Global Offshore Wind Market by Other Components Share Forecast 2028 (% Share)
Figure 5.1 Global Offshore Wind Market Forecast by Leading Nations 2018-2028 (US$mn)
Figure 5.2 Global Offshore Wind Market by Leading Nations Share Forecast 2018 (% Share)
Figure 5.3 Global Offshore Wind Market by Leading Nations Share Forecast 2023 (% Share)
Figure 5.4 Global Offshore Wind Market by Leading Nations Share Forecast 2028 (% Share)
Figure 5.5 The U.S. Offshore Wind Market By Component Forecast 2018-2028 (US$mn)
Figure 5.6 US Offshore Wind Market by Component Share Forecast 2023 (% Share)
Figure 5.7 US Offshore Wind Market by Component Share Forecast 2028 (% Share)
Figure 5.8 Europe Offshore Wind Market - Net Annual Installations by Sea Basin (MW)
Figure 5.9 The UK Offshore Wind Market By Component Forecast 2018-2028 (US$mn)
Figure 5.10 The UK Offshore Wind Market By Component Share Forecast 2018 (% Share)
Figure 5.11 The UK Offshore Wind Market By Component Share Forecast 2023 (% Share)
Figure 5.12 The UK Offshore Wind Market By Component Share Forecast 2028 (% Share)
Figure 5.13 Germany Offshore Wind Market By Component Forecast 2018-2028 (US$mn)
Figure 5.14 Germany Offshore Wind Market By Component Share Forecast 2018 (% Share)
Figure 5.15 Germany Offshore Wind Market By Component Share Forecast 2023 (% Share)
Figure 5.16 Germany Offshore Wind Market By Component Share Forecast 2028 (% Share)
Figure 5.17 Poland Offshore Wind Market By Component Forecast 2018-2028 (US$mn)
Figure 5.18 Poland Offshore Wind Market By Component Share Forecast 2023 (% Share)
Figure 5.19 Poland Offshore Wind Market By Component Share Forecast 2028 (% Share)
Figure 5.20 The Netherlands Offshore Wind Market By Component Forecast 2018-2028 (US$mn)
Figure 5.21 The Netherlands Offshore Wind Market By Component Share Forecast 2018 (% Share)
Figure 5.22 The Netherlands Offshore Wind Market By Component Share Forecast 2023 (% Share)
Figure 5.23 The Netherlands Offshore Wind Market By Component Share Forecast 2028 (% Share)
Figure 5.24 Belgium Offshore Wind Market By Component Forecast 2018-2028 (US$mn)
Figure 5.25 Belgium Offshore Wind Market By Component Share Forecast 2018 (% Share)
Figure 5.26 Belgium Offshore Wind Market By Component Share Forecast 2023 (% Share)
Figure 5.27 Belgium Offshore Wind Market By Component Share Forecast 2028 (% Share)
Figure 5.28 France Offshore Wind Market By Component Forecast 2018-2028 (US$mn)
Figure 5.29 France Offshore Wind Market By Component Share Forecast 2023 (% Share)
Figure 5.30 France Offshore Wind Market By Component Share Forecast 2028 (% Share)
Figure 5.31 China Offshore Wind Market By Component Forecast 2018-2028 (US$mn)
Figure 5.32 China Offshore Wind Market By Component Share Forecast 2018 (% Share)
Figure 5.33 China Offshore Wind Market By Component Share Forecast 2023 (% Share)
Figure 5.34 China Offshore Wind Market By Component Share Forecast 2028 (% Share)
Figure 5.35 Japan Offshore Wind Market By Component Forecast 2018-2028 (US$mn)
Figure 5.36 Japan Offshore Wind Market By Component Share Forecast 2018 (% Share)
Figure 5.37 Japan Offshore Wind Market By Component Share Forecast 2023 (% Share)
Figure 5.38 Japan Offshore Wind Market By Component Share Forecast 2028 (% Share)
Figure 5.39 India Offshore Wind Market By Component Forecast 2018-2028 (US$mn)
Figure 5.40 India Offshore Wind Market By Component Share Forecast 2023 (% Share)
Figure 5.41 India Offshore Wind Market By Component Share Forecast 2028 (% Share)
Figure 5.42 Taiwan Offshore Wind Market By Component Forecast 2018-2028 (US$mn)
Figure 5.43 Taiwan Offshore Wind Market By Component Share Forecast 2023 (% Share)
Figure 5.44 Taiwan Offshore Wind Market By Component Share Forecast 2028 (% Share)
Figure 5.45 RoW Offshore Wind Market By Component Forecast 2018-2028 (US$mn)
Figure 5.46 RoW Offshore Wind Market By Component Share Forecast 2018 (% Share)
Figure 5.47 RoW Offshore Wind Market By Component Share Forecast 2023 (% Share)
Figure 5.48 RoW Offshore Wind Market By Component Share Forecast 2028 (% Share)
Figure 8.1 Dong Energy Total Company Regional Sales 2017 (%)
Figure 8.2 E.ON SE Total Company Regional Sales 2017 (%)
Figure 8.3 General Electric Total Company Regional Sales 2017 (%)
Figure 8.4 RWE Group Total Company Regional Sales 2017 (%)
Figure 8.5 Senvion S.A. Total Company Regional Sales 2017 (%)
Figure 8.6 Siemens AG Total Company Regional Sales 2017 (%)
Figure 8.7 Vattenfall AB Total Company Regional Sales 2017 (%)
Figure 8.8 Vestas Total Company Regional Sales 2017 (%)
List of Tables
Table 1.1 Global Offshore Wind Market Forecast 2018-2028 (US$mn, AGR %, CAGR %, Cumulative)
Table 3.1 Global Offshore Wind Market Forecast by CAPEX 2018-2028 (US$mn, AGR %, CAGR %, Cumulative)
Table 3.2 Global Offshore Wind Market Forecast by Installed Capacity 2018-2028 (Capacity MW, AGR %, Cumulative)
Table 3.3 Existing Offshore Wind Projects (Project Name, Owner, Total Capacity MW, Estimated Cost $m, Location, Year Commissioned)
Table 3.4 Existing Offshore Wind Projects (Project Name, Turbine Capacity MW, Number of Turbines, Turbine Manufacturer, Foundation, Average Depth m, Distance to Shore km, Transmission)
Table 3.5 Offshore Wind Market Drivers & Restraints
Table 4.1 Global Offshore Wind Market by Component Forecast 2018-2028 (US$mn, AGR %, Cumulative)
Table 4.2 Global Offshore Wind Market by Turbine Forecast 2018-2028 (US$mn, AGR %, Cumulative)
Table 4.3 Global Offshore Wind Market by Foundation Forecast 2018-2028 (US$mn, AGR %, Cumulative)
Table 4.4 Global Offshore Wind Market by Installation Forecast 2018-2028 (US$mn, AGR %, Cumulative)
Table 4.5 Global Offshore Wind Market by Other Components Forecast 2018-2028 (US$mn, AGR %, Cumulative)
Table 5.1 Global Offshore Wind Market Forecast 2018-2028 (US$mn, AGR %, CAGR %, Cumulative)
Table 5.2 National Offshore Wind Market Percentage Change in Market Share 2018-2023, 2023-2028, 2018-2028 (% Change)
Table 5.3 US Offshore Wind Projects (Project, Capacity MW, Year of Commencement)
Table 5.4 The U.S. Offshore Wind Market By Component Forecast 2018-2028 (US$mn, AGR %, CAGR %, Cumulative)
Table 5.5 Europe Offshore Wind Projects (Wind Farm, Capacity Connected in 2017 MW, Country, Status)
Table 5.6 Europe Offshore Wind Projects – Number of Projects by Country (No of Farms, No of Turbines Connected, Net MW Connected to the Grid)
Table 5.7 Europe Wind Farms With Grid-Connected Turbines by Country 2017 (Country, No of Farms, Number of Turbines Connected, Capacity Installed MW, Capacity Installed/Decommissioned in 2017 MW)
Table 5.8 UK Offshore Wind Projects (Project, Capacity MW, Year of Commencement)
Table 5.9 The UK Offshore Wind Market By Component Forecast 2018-2028 (US$mn, AGR %, CAGR %, Cumulative)
Table 5.10 Existing UK Offshore Wind Projects (Project Name, Owner, Total Capacity MW, Turbine Capacity and Manufacturer, Average Depth m, Distance to Shore km Foundation)
Table 5.11 Germany Offshore Wind Projects (Project, Capacity MW, Year of Commencement)
Table 5.12 Germany Offshore Wind Market By Component Forecast 2018-2028 (US$mn, AGR %, CAGR %, Cumulative)
Table 5.13 Existing Germany Offshore Wind Projects (Project Name, Owner, Total Capacity MW, Turbine Capacity and Manufacturer, Average Depth m, Distance to Shore km Foundation)
Table 5.14 Poland Offshore Wind Market By Component Forecast 2018-2028 (US$mn, AGR %, CAGR %, Cumulative)
Table 5.15 The Netherlands Offshore Wind Projects (Project, Capacity MW, Year of Commencement)
Table 5.16 The Netherlands Offshore Wind Market By Component Forecast 2018-2028 (US$mn, AGR %, CAGR %, Cumulative)
Table 5.17 Existing The Netherlands Offshore Wind Projects (Project Name, Owner, Total Capacity MW, Turbine Capacity and Manufacturer, Average Depth m, Distance to Shore km Foundation)
Table 5.18 Belgium Offshore Wind Market By Component Forecast 2018-2028 (US$mn, AGR %, CAGR %, Cumulative)
Table 5.19 Existing Belgium Offshore Wind Projects (Project Name, Owner, Total Capacity MW, Turbine Capacity and Manufacturer, Average Depth m, Distance to Shore km Foundation)
Table 5

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report