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 Offshore Wind Power - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
The global market for Offshore Wind Power was estimated to be worth US$ 47510 million in 2024 and is forecast to a readjusted size of US$ 117560 million by 2031 with a CAGR of 14.6% during the fore... もっと見る
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SummaryThe global market for Offshore Wind Power was estimated to be worth US$ 47510 million in 2024 and is forecast to a readjusted size of US$ 117560 million by 2031 with a CAGR of 14.6% during the forecast period 2025-2031.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. This technology has gained significant traction in recent years due to its potential to provide large-scale, reliable, and renewable energy. The offshore wind market is characterized by rapid technological advancements, decreasing costs, and increasing global demand for clean energy. Key Trends Technological Advancements: The efficiency and reliability of offshore wind turbines have significantly improved over the years. Manufacturers are constantly innovating to increase turbine capacity, reduce maintenance costs, and enhance durability. Cost Reductions: The cost of offshore wind projects has decreased significantly, making them more competitive with conventional fossil fuel-based power generation. This cost reduction is attributed to economies of scale, technological improvements, and increased competition in the market. Global Demand: As countries strive to meet their climate targets and reduce greenhouse gas emissions, the demand for offshore wind power is expected to grow. Governments are offering incentives and support to encourage the development of offshore wind projects. Market Challenges Logistical Complexity: Offshore wind projects involve complex logistics, including turbine installation, maintenance, and grid connection. These challenges require specialized equipment and expertise. Environmental Concerns: While offshore wind power is a clean and renewable energy source, it can have some environmental impacts, such as marine life disruption and habitat alteration. Careful planning and mitigation measures are essential to minimize these impacts. Interconnection Issues: Offshore wind farms need to be connected to the national grid, which can be challenging due to the distance from shore and the need for underwater cables. Future Prospects The future of the offshore wind power market looks promising. Technological advancements and cost reductions are expected to continue, making offshore wind power even more competitive. Governments are also expected to offer more support and incentives to encourage the development of this renewable energy source. In addition, the integration of offshore wind power into the energy system is becoming more seamless as grid technologies improve and energy storage solutions become more viable. This will enable offshore wind power to play a larger role in meeting global energy demand. In conclusion, the offshore wind power market is a dynamic and growing sector with significant potential to contribute to the global transition to a low-carbon economy. While challenges remain, technological advancements, cost reductions, and government support are driving the market forward. This report aims to provide a comprehensive presentation of the global market for Offshore Wind Power, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Offshore Wind Power by region & country, by Type, and by Application. The Offshore Wind Power market size, estimations, and forecasts are provided in terms of sales volume (MW) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Offshore Wind Power. Market Segmentation By Company Siemens Vestas Senvion GE MingYang Smart Energy Hitachi Sinovel Shanghai Electric Envision Goldwind Segment by Type Monopiles Gravity Jacket Tripods Tripiles Floating Segment by Application Shallow Sea Deep Sea By Region North America United States Canada Asia-Pacific China Japan South Korea Southeast Asia India Australia Rest of Asia-Pacific Europe Germany France U.K. Italy Netherlands Nordic Countries Rest of Europe Latin America Mexico Brazil Rest of Latin America Middle East & Africa Turkey Saudi Arabia UAE Rest of MEA Chapter Outline Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. Chapter 2: Detailed analysis of Offshore Wind Power manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets. Chapter 5: Sales, revenue of Offshore Wind Power in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world. Chapter 6: Sales, revenue of Offshore Wind Power in country level. It provides sigmate data by Type, and by Application for each country/region. Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry. Chapter 9: Conclusion. Table of Contents1 Market Overview1.1 Offshore Wind Power Product Introduction 1.2 Global Offshore Wind Power Market Size Forecast 1.2.1 Global Offshore Wind Power Sales Value (2020-2031) 1.2.2 Global Offshore Wind Power Sales Volume (2020-2031) 1.2.3 Global Offshore Wind Power Sales Price (2020-2031) 1.3 Offshore Wind Power Market Trends & Drivers 1.3.1 Offshore Wind Power Industry Trends 1.3.2 Offshore Wind Power Market Drivers & Opportunity 1.3.3 Offshore Wind Power Market Challenges 1.3.4 Offshore Wind Power Market Restraints 1.4 Assumptions and Limitations 1.5 Study Objectives 1.6 Years Considered 2 Competitive Analysis by Company 2.1 Global Offshore Wind Power Players Revenue Ranking (2024) 2.2 Global Offshore Wind Power Revenue by Company (2020-2025) 2.3 Global Offshore Wind Power Players Sales Volume Ranking (2024) 2.4 Global Offshore Wind Power Sales Volume by Company Players (2020-2025) 2.5 Global Offshore Wind Power Average Price by Company (2020-2025) 2.6 Key Manufacturers Offshore Wind Power Manufacturing Base and Headquarters 2.7 Key Manufacturers Offshore Wind Power Product Offered 2.8 Key Manufacturers Time to Begin Mass Production of Offshore Wind Power 2.9 Offshore Wind Power Market Competitive Analysis 2.9.1 Offshore Wind Power Market Concentration Rate (2020-2025) 2.9.2 Global 5 and 10 Largest Manufacturers by Offshore Wind Power Revenue in 2024 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Offshore Wind Power as of 2024) 2.10 Mergers & Acquisitions, Expansion 3 Segmentation by Type 3.1 Introduction by Type 3.1.1 Monopiles 3.1.2 Gravity 3.1.3 Jacket 3.1.4 Tripods 3.1.5 Tripiles 3.1.6 Floating 3.2 Global Offshore Wind Power Sales Value by Type 3.2.1 Global Offshore Wind Power Sales Value by Type (2020 VS 2024 VS 2031) 3.2.2 Global Offshore Wind Power Sales Value, by Type (2020-2031) 3.2.3 Global Offshore Wind Power Sales Value, by Type (%) (2020-2031) 3.3 Global Offshore Wind Power Sales Volume by Type 3.3.1 Global Offshore Wind Power Sales Volume by Type (2020 VS 2024 VS 2031) 3.3.2 Global Offshore Wind Power Sales Volume, by Type (2020-2031) 3.3.3 Global Offshore Wind Power Sales Volume, by Type (%) (2020-2031) 3.4 Global Offshore Wind Power Average Price by Type (2020-2031) 4 Segmentation by Application 4.1 Introduction by Application 4.1.1 Shallow Sea 4.1.2 Deep Sea 4.2 Global Offshore Wind Power Sales Value by Application 4.2.1 Global Offshore Wind Power Sales Value by Application (2020 VS 2024 VS 2031) 4.2.2 Global Offshore Wind Power Sales Value, by Application (2020-2031) 4.2.3 Global Offshore Wind Power Sales Value, by Application (%) (2020-2031) 4.3 Global Offshore Wind Power Sales Volume by Application 4.3.1 Global Offshore Wind Power Sales Volume by Application (2020 VS 2024 VS 2031) 4.3.2 Global Offshore Wind Power Sales Volume, by Application (2020-2031) 4.3.3 Global Offshore Wind Power Sales Volume, by Application (%) (2020-2031) 4.4 Global Offshore Wind Power Average Price by Application (2020-2031) 5 Segmentation by Region 5.1 Global Offshore Wind Power Sales Value by Region 5.1.1 Global Offshore Wind Power Sales Value by Region: 2020 VS 2024 VS 2031 5.1.2 Global Offshore Wind Power Sales Value by Region (2020-2025) 5.1.3 Global Offshore Wind Power Sales Value by Region (2026-2031) 5.1.4 Global Offshore Wind Power Sales Value by Region (%), (2020-2031) 5.2 Global Offshore Wind Power Sales Volume by Region 5.2.1 Global Offshore Wind Power Sales Volume by Region: 2020 VS 2024 VS 2031 5.2.2 Global Offshore Wind Power Sales Volume by Region (2020-2025) 5.2.3 Global Offshore Wind Power Sales Volume by Region (2026-2031) 5.2.4 Global Offshore Wind Power Sales Volume by Region (%), (2020-2031) 5.3 Global Offshore Wind Power Average Price by Region (2020-2031) 5.4 North America 5.4.1 North America Offshore Wind Power Sales Value, 2020-2031 5.4.2 North America Offshore Wind Power Sales Value by Country (%), 2024 VS 2031 5.5 Europe 5.5.1 Europe Offshore Wind Power Sales Value, 2020-2031 5.5.2 Europe Offshore Wind Power Sales Value by Country (%), 2024 VS 2031 5.6 Asia Pacific 5.6.1 Asia Pacific Offshore Wind Power Sales Value, 2020-2031 5.6.2 Asia Pacific Offshore Wind Power Sales Value by Region (%), 2024 VS 2031 5.7 South America 5.7.1 South America Offshore Wind Power Sales Value, 2020-2031 5.7.2 South America Offshore Wind Power Sales Value by Country (%), 2024 VS 2031 5.8 Middle East & Africa 5.8.1 Middle East & Africa Offshore Wind Power Sales Value, 2020-2031 5.8.2 Middle East & Africa Offshore Wind Power Sales Value by Country (%), 2024 VS 2031 6 Segmentation by Key Countries/Regions 6.1 Key Countries/Regions Offshore Wind Power Sales Value Growth Trends, 2020 VS 2024 VS 2031 6.2 Key Countries/Regions Offshore Wind Power Sales Value and Sales Volume 6.2.1 Key Countries/Regions Offshore Wind Power Sales Value, 2020-2031 6.2.2 Key Countries/Regions Offshore Wind Power Sales Volume, 2020-2031 6.3 United States 6.3.1 United States Offshore Wind Power Sales Value, 2020-2031 6.3.2 United States Offshore Wind Power Sales Value by Type (%), 2024 VS 2031 6.3.3 United States Offshore Wind Power Sales Value by Application, 2024 VS 2031 6.4 Europe 6.4.1 Europe Offshore Wind Power Sales Value, 2020-2031 6.4.2 Europe Offshore Wind Power Sales Value by Type (%), 2024 VS 2031 6.4.3 Europe Offshore Wind Power Sales Value by Application, 2024 VS 2031 6.5 China 6.5.1 China Offshore Wind Power Sales Value, 2020-2031 6.5.2 China Offshore Wind Power Sales Value by Type (%), 2024 VS 2031 6.5.3 China Offshore Wind Power Sales Value by Application, 2024 VS 2031 6.6 Japan 6.6.1 Japan Offshore Wind Power Sales Value, 2020-2031 6.6.2 Japan Offshore Wind Power Sales Value by Type (%), 2024 VS 2031 6.6.3 Japan Offshore Wind Power Sales Value by Application, 2024 VS 2031 6.7 South Korea 6.7.1 South Korea Offshore Wind Power Sales Value, 2020-2031 6.7.2 South Korea Offshore Wind Power Sales Value by Type (%), 2024 VS 2031 6.7.3 South Korea Offshore Wind Power Sales Value by Application, 2024 VS 2031 6.8 Southeast Asia 6.8.1 Southeast Asia Offshore Wind Power Sales Value, 2020-2031 6.8.2 Southeast Asia Offshore Wind Power Sales Value by Type (%), 2024 VS 2031 6.8.3 Southeast Asia Offshore Wind Power Sales Value by Application, 2024 VS 2031 6.9 India 6.9.1 India Offshore Wind Power Sales Value, 2020-2031 6.9.2 India Offshore Wind Power Sales Value by Type (%), 2024 VS 2031 6.9.3 India Offshore Wind Power Sales Value by Application, 2024 VS 2031 7 Company Profiles 7.1 Siemens 7.1.1 Siemens Company Information 7.1.2 Siemens Introduction and Business Overview 7.1.3 Siemens Offshore Wind Power Sales, Revenue, Price and Gross Margin (2020-2025) 7.1.4 Siemens Offshore Wind Power Product Offerings 7.1.5 Siemens Recent Development 7.2 Vestas 7.2.1 Vestas Company Information 7.2.2 Vestas Introduction and Business Overview 7.2.3 Vestas Offshore Wind Power Sales, Revenue, Price and Gross Margin (2020-2025) 7.2.4 Vestas Offshore Wind Power Product Offerings 7.2.5 Vestas Recent Development 7.3 Senvion 7.3.1 Senvion Company Information 7.3.2 Senvion Introduction and Business Overview 7.3.3 Senvion Offshore Wind Power Sales, Revenue, Price and Gross Margin (2020-2025) 7.3.4 Senvion Offshore Wind Power Product Offerings 7.3.5 Senvion Recent Development 7.4 GE 7.4.1 GE Company Information 7.4.2 GE Introduction and Business Overview 7.4.3 GE Offshore Wind Power Sales, Revenue, Price and Gross Margin (2020-2025) 7.4.4 GE Offshore Wind Power Product Offerings 7.4.5 GE Recent Development 7.5 MingYang Smart Energy 7.5.1 MingYang Smart Energy Company Information 7.5.2 MingYang Smart Energy Introduction and Business Overview 7.5.3 MingYang Smart Energy Offshore Wind Power Sales, Revenue, Price and Gross Margin (2020-2025) 7.5.4 MingYang Smart Energy Offshore Wind Power Product Offerings 7.5.5 MingYang Smart Energy Recent Development 7.6 Hitachi 7.6.1 Hitachi Company Information 7.6.2 Hitachi Introduction and Business Overview 7.6.3 Hitachi Offshore Wind Power Sales, Revenue, Price and Gross Margin (2020-2025) 7.6.4 Hitachi Offshore Wind Power Product Offerings 7.6.5 Hitachi Recent Development 7.7 Sinovel 7.7.1 Sinovel Company Information 7.7.2 Sinovel Introduction and Business Overview 7.7.3 Sinovel Offshore Wind Power Sales, Revenue, Price and Gross Margin (2020-2025) 7.7.4 Sinovel Offshore Wind Power Product Offerings 7.7.5 Sinovel Recent Development 7.8 Shanghai Electric 7.8.1 Shanghai Electric Company Information 7.8.2 Shanghai Electric Introduction and Business Overview 7.8.3 Shanghai Electric Offshore Wind Power Sales, Revenue, Price and Gross Margin (2020-2025) 7.8.4 Shanghai Electric Offshore Wind Power Product Offerings 7.8.5 Shanghai Electric Recent Development 7.9 Envision 7.9.1 Envision Company Information 7.9.2 Envision Introduction and Business Overview 7.9.3 Envision Offshore Wind Power Sales, Revenue, Price and Gross Margin (2020-2025) 7.9.4 Envision Offshore Wind Power Product Offerings 7.9.5 Envision Recent Development 7.10 Goldwind 7.10.1 Goldwind Company Information 7.10.2 Goldwind Introduction and Business Overview 7.10.3 Goldwind Offshore Wind Power Sales, Revenue, Price and Gross Margin (2020-2025) 7.10.4 Goldwind Offshore Wind Power Product Offerings 7.10.5 Goldwind Recent Development 8 Industry Chain Analysis 8.1 Offshore Wind Power Industrial Chain 8.2 Offshore Wind Power Upstream Analysis 8.2.1 Key Raw Materials 8.2.2 Raw Materials Key Suppliers 8.2.3 Manufacturing Cost Structure 8.3 Midstream Analysis 8.4 Downstream Analysis (Customers Analysis) 8.5 Sales Model and Sales Channels 8.5.1 Offshore Wind Power Sales Model 8.5.2 Sales Channel 8.5.3 Offshore Wind Power Distributors 9 Research Findings and Conclusion 10 Appendix 10.1 Research Methodology 10.1.1 Methodology/Research Approach 10.1.1.1 Research Programs/Design 10.1.1.2 Market Size Estimation 10.1.1.3 Market Breakdown and Data Triangulation 10.1.2 Data Source 10.1.2.1 Secondary Sources 10.1.2.2 Primary Sources 10.2 Author Details 10.3 Disclaimer
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