This report presents the worldwide Offshore Wind Power market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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.
With regards to the world economy of 2015, recovery of China and other developing countries economy is expected to be more powerful, the European economy will continue to be stuck in slump, and growth of the Japanese economy and other emerging economies will be decelerated. Thus the world economy as a whole will show mild growth in 2015. Overall, the global economy is stable. For the environment protection intension, wind energy, especially the Offshore Wind Power had attracted more attention in the past years. Therefore, the demand of Offshore Wind Power is strong, which has good development prospect.
According to GWEC and EWEA reported, for the Global Offshore Wind Power industry, global installation is about 1.7GW in 2014. As a result, Offshore Wind Power industry provides lots of opportunities. Based on the fact that many countries have introduced new policies for the industry, for example, China has formulated the grid-connected electricity price in 2014 for the market. EU has entered the market for a long time, as a result, the installation of every year and cumulative installation before 2014 is higher than other parts of the world. EU takes up about 80% of global installation.
The Offshore Wind Power market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Offshore Wind Power.
The following manufacturers are covered in this report:
- MHI Vestas
- Shanghai Electric
Offshore Wind Power Breakdown Data by Type
Offshore Wind Power Breakdown Data by Application
Offshore Wind Power Production by Region
- United States
- Other Regions
The study objectives are:
- To analyze and research the global Offshore Wind Power status and future forecast?involving, production, revenue, consumption, historical and forecast.
- To present the key Offshore Wind Power manufacturers, production, revenue, market share, and recent development.
- To split the breakdown data by regions, type, manufacturers and applications.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends, drivers, influence factors in global and regions.
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Offshore Wind Power :
- History Year: 2013 - 2017
- Base Year: 2017
- Estimated Year: 2018
- Forecast Year: 2018 - 2025
This report includes the estimation of market size for value (million USD) and volume (MW). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Offshore Wind Power market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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