Energy & Environment Industry Today

Offshore Wind Market: Global Trends, Evolving Technology, Key Vendors, Drivers, Profits & Analysis, Forecast to 2023

Global Offshore Wind Market Report by Component (Turbine, Tower, BladesElectrical Infrastructure and Nacelle), By Location (Shallow Water (< 30m Depth), Transitional Water (30m – 60m Depth) and Deep Water (> 60m Depth)) and By Region - Global Forecast to 2023.
Published 08 February 2018
Global Offshore Wind Market   - Overview
Offshore wind energy is the use of wind farms constructed offshore to harvest wind energy to generate electricity. This helps to meet multiple state and national goals which includes reducing energy imports, reducing air pollution and greenhouse gas emissions, meeting renewable electricity standards, and local business opportunities.
 
The global offshore wind market has been largely benefiting from the changing paradigms in government regulations and end-users perspective towards reducing global dependence on coal and other fossil fuels. With several driving trends such as, increasing share of renewable energy, rising investment towards development of clean energy dramatic cost declines and capacity additions, offshore wind has remained more reliable resource.
 
With rise in wind power production, competition between countries has increased and wind turbine manufacturers are working to gain the upper hand as they design, test, and manufacture more effective models. Improvements in the cost and performance of wind power technologies, increase in demand for renewable energy and state renewable portfolio standards play a role in driving the wind sector towards growth.
 
Offshore wind energy (OWE) is a newcomer to the sea, and many argue that it will play a key role in moving towards a sustainable energy system in Europe in 2020 and beyond. The EU energy system is challenged by global climate change threats, increasing dependency on energy imports as well as threats of supply disruptions from countries outside the EU. Faced with these challenges, the EU recently established a policy framework which includes a target of 20% share of renewable energy source (RES) by 2020. The offshore wind market is smaller today compared to other renewable energy technologies, but it is growing faster and is more efficient than other alternatives. Europe holds 90 percent of the world’s offshore wind capacity. U.S. and China are known as promising markets due to the cheaper and better-planned and executed projects, increased investor interest and government support.
 
Offshore Wind Global Market   - Competitive Analysis
Characterized by the presence of several well-established and small players, the global Market of Offshore Wind appears to be highly competitive. Well established players incorporate acquisition, collaboration, partnership, expansion, and technology launch in order to gain competitive advantage in this market and to maintain their market position. These key players compete based upon pricing, Technology and services. Vendors operating in the Offshore Wind Market strive to deliver the best quality products and services based on innovative technologies, and best practices. These Key Players make a substantial investment for R&D and to secure a guaranteed resource for the customers. They compete based on pricing, servicing and technology enhanced solutions. Offshore Wind market demonstrates a high growth potential which is likely to attract many entrants to the market resulting in to intensified competition further.
 
Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/3284
 
Key Players
The key players of global offshore wind market are
  • Siemens AG (Germany),
  • Vestas Wind Systems A/S (Denmark),
  • General Electric Company (U.S),
  • Senvion SA (Germany),
  • Areva (France),
  • Clipper Windpower, LLC (U.S),
  • ABB Ltd. (Switzerland),
  • Sinovel Wind (Group) Co., Ltd. (China),
  • Doosan Heavy Industries & Construction (South Korea),
  • Suzlon (India),
  • A2SEA (Denmark)
  • EEW-Group (Germany).
Industry/ Innovation/ Related News:
On 29th September 2017:  Senvion SA launched its new products, the 3.7M144 EBC and 3.6M118 NES turbines, at the HUSUM Wind fair in Germany. 
On 17 Jun 2016: Siemens and Gamesa, merged wind businesses to create a leading wind power player.
On 2015: GE completed acquisition of Alstom Power and Grid Businesses.
 
In 2015: Suzlon Group, one of the world’s leading wind turbine manufacturers, has signed a binding agreement with Centerbridge Partners LP, USA to sell 100% stake in Senvion SE, a wholly owned subsidiary of the Suzlon Group.
Offshore Wind Market   - Segmentation
Global Offshore Wind Market is segmented in to 2 Key dynamics for an easy grasp and enhanced understanding.
Segmentation By Component   : Comprises - Turbine, Location, Electrical Infrastructure and Others), By Location (Shallow Water (< 30m Depth), Transitional Water (30m – 60m Depth) and Deep Water (> 60m Depth).
Segmentation By Regions    : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
 
Get Complete Report @ https://www.marketresearchfuture.com/reports/offshore-wind-market-3284
 
List of Figures
Figure 1    Research Application
Figure 2    Global Offshore Wind Market: By Component (%)
Figure 3    Global Offshore Wind Market: By Location (%)
Figure 4    Global Offshore Wind Market: By Region 
Figure 5    North America Offshore Wind Market, By Component (%)
Figure 6    North America Offshore Wind Market, By Location (%)
Figure 7    Europe Offshore Wind Market, By Component (%)
Figure 8    Europe Offshore Wind Market, By Location (%)
Continue……..
 
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312                            
Email: sales@marketresearchfuture.com

Other Industry News

Ready to start publishing

Sign Up today!