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Offshore Wind Energy Market - Global Opportunity Analysis and Industry Forecast, 2017-2023
Published Date: November 2019
|
Report Code: ALLI-Auto-3M192
Home | Market Reports | Business & Industrial | Energy & Utilities | Renewable & Alternative Energy
Offshore Wind Energy Market Global Opportunity Analysis and Industry Forecast 2017 2023

Offshore Wind Energy Market - Global Opportunity Analysis and Industry Forecast, 2017-2023

Code: ALLI-Auto-3M192
Report
November 2019
Pages:150
Allied Market Research
Description
Table of Content
Tables & Figures
OFFSHORE WINF ENERGY MARKET OVERVIEW
 
The global offshore wind energy market was valued at $2,727 thousand in 2016, and is expected to reach $11,334 thousand by 2023, registering a CAGR of 19.4% from 2017 to 2023.
 
Offshore wind energy is used by numerous countries globally to harness the energy of consistent and strong winds, which are specifically around the oceans. Offshore winds are more uniform and process higher speed than on land. The energy produced from wind is directly proportional to the cube of the wind speed. Thus, wind speeds of only a few miles per hour are able to generate a considerably larger amount of electricity.
 
The market has witnessed significant growth opportunities globally, owing to increase in demand for electricity processes and rise in government expenditures. Moreover, increase in inclination of consumers toward efficient and easy renewable sources of energy further boosts the market growth. However, high initial costs associated with offshore wind energy systems and effects of offshore wind farms on marine animals are the factor anticipated to hamper the market growth. The global offshore wind energy market is segmented based on geography into North America, Europe, Asia-Pacific, and LAMEA.
 
The key players in the global offshore wind energy market have adopted market penetration and various growth strategies, such as mergers & acquisitions, with the local and established players. The key players profiled in the report include:
  • Siemens Wind Power
  • Vestas Wind Systems A/S
  • Goldwind Science and Technology Co. Ltd.
  • Gamesa Corporacion Technologica SA
  • GE Wind Energy
  • Sinovel Wind Group Co. Ltd.
  • Dong Energy A/S
  • Suzlon Group
  • Nordex SE
  • China Ming Yang Wind Power Group Limited
KEY BENEFITS FOR STAKEHOLDERS
  • The report provides extensive qualitative and quantitative analyses of the current trends and future estimations of the global offshore wind energy market from 2014 to 2022 to determine the prevailing opportunities.
  • Comprehensive analysis of factors that drive and restrict the market growth is provided.
  • Market estimations and forecast of the industry are based on factors impacting the market growth, in terms of value and volume.
  • Competitive intelligence of leading producers and suppliers of offshore wind assists to understand the competitive scenario globally.
  • The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable market growth.
 
KEY MARKET SEGMENTS
 
By Geography
 
  • North America
  • U.S.
  • Europe
  • Germany
  • UK
  • Belgium
  • Denmark
  • The Netherlands
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
The other players in the value chain (profiles not included in the report) include:
  • Senvion S.A.
  • Alstom Energy Inc.
  • Areva Wind
  • Clipper WindPower
  • Doosan Heavy Industries and Construction
*The above list of companies is not profiled in the report, and can be added based on client interest.
CHAPTER 1. INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENT
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tool & Model
CHAPTER 2. EXECUTIVE SUMMARY
2.1. MARKET SNAPSHOT
2.2. CXO PERSPECTIVES
CHAPTER 3. MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top Investment Pockets
3.2.2. Top winning strategies
3.3. PORTERS FIVE FORCES ANALYSIS
3.4. MARKET DYNAMICS
3.4.1. Drivers
3.4.1.1. Changing preference of consumers
3.4.1.2. Increase in demand for conventional sources of energy
3.4.1.3. Rise in demand for electricity consumption
3.4.2. Restraints
3.4.2.1. High initial costs
3.4.2.2. Less investments
3.4.3. Opportunities
3.4.3.1. Increasing R&D in cheaper products
CHAPTER 4. GLOBAL OFFSHORE WIND ENERGY MARKET, BY GEOGRAPHY
4.1. INTRODUCTION
4.1.1. Market Size and Forecast
4.2. NORTH AMERICA
4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast
4.2.3. U.S.
4.2.3.1. Market size and forecast
4.3. EUROPE
4.3.1. Key Market Trends, Growth Factors and Opportunities
4.3.2. Market Size and Forecast
4.3.3. Germany
4.3.3.1. Market size and forecast
4.3.4. UK
4.3.4.1. Market size and forecast
4.3.5. Belgium
4.3.5.1. Market size and forecast
4.3.6. Denmark
4.3.6.1. Market size and forecast
4.3.7. Netherlands
4.3.7.1. Market size and forecast
4.3.8. Rest of Europe
4.3.8.1. Market size and forecast
4.4. ASIA-PACIFIC
4.4.1. Key Market Trends, Growth Factors and Opportunities
4.4.2. Market Size and Forecast
4.4.3. China
4.4.3.1. Market size and forecast
4.4.4. Japan
4.4.4.1. Market size and forecast
4.4.5. Korea
4.4.5.1. Market size and forecast
4.4.6. Rest of Asia-Pacific
4.4.6.1. Market size and forecast
4.5. LAMEA
4.5.1. Key Market Trends, Growth Factors and Opportunities
4.5.2. Market Size and Forecast
4.5.3. Brazil
4.5.3.1. Market size and forecast
CHAPTER 5. COMPANY PROFILES
5.1. SIEMENS WIND POWER
5.1.1. Company Overview
5.1.2. Company Snapshot
5.1.3. Operating Business Segments
5.1.4. Business Performance
5.1.5. Key Strategic Moves and Developments
5.2. VESTAS WIND SYSTEMS A/S
5.2.1. Company Overview
5.2.2. Company Snapshot
5.2.3. Operating Business Segments
5.2.4. Business Performance
5.2.5. Key Strategic Moves and Developments
5.3. GOLDWIN SCIENCE AND TECHNOLOGY CO. LTD.
5.3.1. Company Overview
5.3.2. Company Snapshot
5.3.3. Operating Business Segments
5.3.4. Business Performance
5.3.5. Key Strategic Moves and Developments
5.4. GAMESA CORPORACION TECHNOLOGICA SA
5.4.1. Company Overview
5.4.2. Company Snapshot
5.4.3. Operating Business Segments
5.4.4. Business Performance
5.4.5. Key Strategic Moves and Developments
5.5. GE WIND ENERGY
5.5.1. Company Overview
5.5.2. Company Snapshot
5.5.3. Operating Business Segments
5.5.4. Business Performance
5.5.5. Key Strategic Moves and Developments
5.6. SINOVEL WIND GROUP CO. LTD.
5.6.1. Company Overview
5.6.2. Company Snapshot
5.6.3. Operating Business Segments
5.6.4. Business Performance
5.6.5. Key Strategic Moves and Developments
5.7. DONG ENERGY A/S
5.7.1. Company Overview
5.7.2. Company Snapshot
5.7.3. Operating Business Segments
5.7.4. Business Performance
5.7.5. Key Strategic Moves and Developments
5.8. SUZLON GROUP
5.8.1. Company Overview
5.8.2. Company Snapshot
5.8.3. Operating Business Segments
5.8.4. Business Performance
5.8.5. Key Strategic Moves and Developments
5.9. NORDEX SE
5.9.1. Company Overview
5.9.2. Company Snapshot
5.9.3. Operating Business Segments
5.9.4. Business Performance
5.9.5. Key Strategic Moves and Developments
5.10. CHINA MING YANG WIND POWER GROUP LIMITED
5.10.1. Company Overview
5.10.2. Company Snapshot
5.10.3. Operating Business Segments
5.10.4. Business Performance
5.10.5. Key Strategic Moves and Development
TABLE 1. GLOBAL OFFSHORE WIND ENERGY MARKET VOLUME, BY REGION, 2016-2023 (MEGAWATTS)
TABLE 2. GLOBAL OFFSHORE WIND ENERGY MARKET VALUE, BY REGION, 2016-2023 ($)
TABLE 3. NORTH AMERICA OFFSHORE WIND ENERGY MARKET VALUE, 2016-2023 ($)
TABLE 4. NORTH AMERICA OFFSHORE WIND ENERGY MARKET VOLUME, 2016-2023 (MEGAWATTS)
TABLE 5. NORTH AMERICA OFFSHORE WIND ENERGY MARKET VALUE, BY COUNTRY, 2016-2023 ($)
TABLE 6. NORTH AMERICA OFFSHORE WIND ENERGY MARKET VOLUME, BY COUNTRY, 2016-2023 (MEGAWATTS)
TABLE 7. U.S. OFFSHORE WIND ENERGY MARKET VALUE, 2016-2023 ($)
TABLE 8. U.S. OFFSHORE WIND ENERGY MARKET VOLUME, 2016-2023 (MEGAWATTS)
TABLE 9. EUROPE OFFSHORE WIND ENERGY MARKET VALUE, 2016-2023 ($)
TABLE 10. EUROPE OFFSHORE WIND ENERGY MARKET VOLUME, 2016-2023 (MEGAWATTS)
TABLE 11. EUROPE OFFSHORE WIND ENERGY MARKET VALUE, BY COUNTRY, 2016-2023 ($)
TABLE 12. EUROPE OFFSHORE WIND ENERGY MARKET VOLUME, BY COUNTRY, 2016-2023 (MEGAWATTS)
TABLE 13. GERMANY OFFSHORE WIND ENERGY MARKET VALUE, 2016-2023 ($)
TABLE 14. GERMANY OFFSHORE WIND ENERGY MARKET VOLUME, 2016-2023 (MEGAWATTS)
TABLE 15. BELGIUM OFFSHORE WIND ENERGY MARKET VALUE, 2016-2023 ($)
TABLE 16. BELGIUM OFFSHORE WIND ENERGY MARKET VOLUME, 2016-2023 (MEGAWATTS)
TABLE 17. UK OFFSHORE WIND ENERGY MARKET VALUE, 2016-2023 ($)
TABLE 18. UK OFFSHORE WIND ENERGY MARKET VOLUME, 2016-2023 (MEGAWATTS)
TABLE 19. DENMARK OFFSHORE WIND ENERGY MARKET VALUE, 2016-2023 ($)
TABLE 20. DENMARK OFFSHORE WIND ENERGY MARKET VOLUME, 2016-2023 (MEGAWATTS)
TABLE 21. NETHERLANDS OFFSHORE WIND ENERGY MARKET VALUE, 2016-2023 ($)
TABLE 22. NETHERLANDS OFFSHORE WIND ENERGY MARKET VOLUME, 2016-2023 (MEGAWATTS)
TABLE 23. REST OF EUROPE OFFSHORE WIND ENERGY MARKET VALUE, 2016-2023 ($)
TABLE 24. REST OF EUROPE OFFSHORE WIND ENERGY MARKET VOLUME, 2016-2023 (MEGAWATTS)
TABLE 25. ASIA-PACIFIC OFFSHORE WIND ENERGY MARKET VALUE, 2016-2023 ($)
TABLE 26. ASIA-PACIFIC OFFSHORE WIND ENERGY MARKET VOLUME, 2016-2023 (MEGAWATTS)
TABLE 27. ASIA-PACIFIC OFFSHORE WIND ENERGY MARKET VALUE, BY COUNTRY, 2016-2023 ($)
TABLE 28. ASIA-PACIFIC OFFSHORE WIND ENERGY MARKET VOLUME, BY COUNTRY, 2016-2023 (MEGAWATTS)
TABLE 29. CHINA OFFSHORE WIND ENERGY MARKET VALUE, 2016-2023 ($)
TABLE 30. CHINA OFFSHORE WIND ENERGY MARKET VOLUME, 2016-2023 (MEGAWATTS)
TABLE 31. JAPAN OFFSHORE WIND ENERGY MARKET VALUE, 2016-2023 ($)
TABLE 32. JAPAN OFFSHORE WIND ENERGY MARKET VOLUME, 2016-2023 (MEGAWATTS)
TABLE 33. KOREA OFFSHORE WIND ENERGY MARKET VALUE, 2016-2023 ($)
TABLE 34. KOREA OFFSHORE WIND ENERGY MARKET VOLUME, 2016-2023 (MEGAWATTS)
TABLE 35. REST OF ASIA-PACIFIC OFFSHORE WIND ENERGY MARKET VALUE, 2016-2023 ($)
TABLE 36. REST OF ASIA-PACIFIC OFFSHORE WIND ENERGY MARKET VOLUME, 2016-2023 (MEGAWATTS)
TABLE 37. LAMEA OFFSHORE WIND ENERGY MARKET VALUE, 2016-2023 ($)
TABLE 38. LAMEA OFFSHORE WIND ENERGY MARKET VOLUME, 2016-2023 (MEGAWATTS)
TABLE 39. LAMEA OFFSHORE WIND ENERGY MARKET VALUE, BY COUNTRY, 2016-2023 ($)
TABLE 40. LAMEA OFFSHORE WIND ENERGY MARKET VOLUME, BY COUNTRY, 2016-2023 (MEGAWATTS)
TABLE 41. BRAZIL OFFSHORE WIND ENERGY MARKET VALUE, 2016-2023 ($)
TABLE 42. BRAZIL OFFSHORE WIND ENERGY MARKET VOLUME, 2016-2023 (MEGAWATTS)
TABLE 43. SEIMENS WIND POWER: COMPANY SNAPSHOT
TABLE 44. SEIMENS WIND POWER: OPERATING SEGMENTS
TABLE 45. VESTAS WIND SYSTEMS A/S: COMPANY SNAPSHOT
TABLE 46. VESTAS WIND SYSTEMS A/S: OPERATING SEGMENTS
TABLE 47. GOLDWIND SCIENCE AND TECHNOLOGY CO. LTD.: COMPANY SNAPSHOT
TABLE 48. GOLDWIND SCIENCE AND TECHNOLOGY CO. LTD.: OPERATING SEGMENTS
TABLE 49. GAMESA CORPORACION TECHNOLOGICA SA: COMPANY SNAPSHOT
TABLE 50. GAMESA CORPORACION TECHNOLOGICA SA: OPERATING SEGMENTS
TABLE 51. GE WIND ENERGY: COMPANY SNAPSHOT
TABLE 52. GE WIND ENERGY: OPERATING SEGMENTS
TABLE 53. SINOVEL WIND GROUP CO. LTD.: COMPANY SNAPSHOT
TABLE 54. SINOVEL WIND GROUP CO. LTD.: OPERATING SEGMENTS
TABLE 55. DONG ENERGY A/S: COMPANY SNAPSHOT
TABLE 56. DONG ENERGY A/S: OPERATING SEGMENTS
TABLE 57. SUZLON GROUP: COMPANY SNAPSHOT
TABLE 58. SUZLON GROUP: OPERATING SEGMENTS
TABLE 59. NORDEX SE: COMPANY SNAPSHOT
TABLE 60. NORDEX SE: OPERATING SEGMENTS
TABLE 61. CHINA MING YANG WIND POWER GROUP LIMITED: COMPANY SNAPSHOT
TABLE 62. CHINA MING YANG WIND POWER GROUP LIMITED: OPERATING SEGMENTS FIGURE 1. GLOBAL OFFSHORE WIND ENERGY MARKET: SEGMENTATION
FIGURE 2. GLOBAL OFFSHORE WIND ENERGY MARKET SHARE, 2016 (%)
FIGURE 3. TOP INVESTMENT POCKETS
FIGURE 4. TOP WINNING STRATEGIES
FIGURE 5. BARGAINING POWER OF SUPPLIERS
FIGURE 6. BARGAINING POWER OF BUYERS
FIGURE 7. THREAT OF NEW ENTRANTS
FIGURE 8. THREAT OF SUBSTITUTES
FIGURE 9. COMPETITIVE RIVALRY
FIGURE 10. U.S. OFFSHORE WIND ENERGY MARKET VALUE, 2016-2023 ($)
FIGURE 11. GERMANY OFFSHORE WIND ENERGY MARKET VALUE, 2016-2023 ($)
FIGURE 12. UK OFFSHORE WIND ENERGY MARKET VALUE, 2016-2023 ($)
FIGURE 13. BELGIUM OFFSHORE WIND ENERGY MARKET VALUE, 2016-2023 ($)
FIGURE 14. DENMARK OFFSHORE WIND ENERGY MARKET VALUE, 2016-2023 ($)
FIGURE 15. NETHERLANDS OFFSHORE WIND ENERGY MARKET VALUE, 2016-2023 ($)
FIGURE 16. REST OF EUROPE OFFSHORE WIND ENERGY MARKET VALUE, 2016-2023 ($)
FIGURE 17. CHINA OFFSHORE WIND ENERGY MARKET VALUE, 2016-2023 ($)
FIGURE 18. JAPAN OFFSHORE WIND ENERGY MARKET VALUE, 2016-2023 ($)
FIGURE 19. KOREA OFFSHORE WIND ENERGY MARKET VALUE, 2016-2023 ($)
FIGURE 20. REST OF ASIA-PACIFIC OFFSHORE WIND ENERGY MARKET VALUE, 2016-2023 ($)
FIGURE 21. BRAZIL OFFSHORE WIND ENERGY MARKET VALUE, 2016-2023 ($
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