Articles
Offshore Wind Power Market Forecast Report 2020 – 2027 – Top Key Players Analysis
by Shaqib Akram Digital MarketerThe market mainly elaborates the definitions, classifications, market overview, and the industry chain analysis. The report also covers market size, share, trends, and growth analysis on the basis of different parameters. It profoundly displays the current market investigation situation and the upcoming situation in the coming years.
Key Drivers of the Offshore Wind Power Market:
Some of the major factors contributing to the growth of the global offshore wind power market include the rising government initiatives to decrease carbon footprint, increasing energy demand, the growing share of renewable energy in the power generation mix, along with is highly cost-efficient in comparison to the traditional turbines. The cost of offshore wind power was faster than that of onshore wind generation as offshore wind turbines' designs were technically challenging, facing both hydrodynamic and aerodynamic loads.
Moreover, various changes have been made in turbine design. Through technical innovation, turbine equipment manufacturers have decreased the turbine cost and managed to reduce the total mass. In addition to this, rapid growth in the capacity of the offshore wind power turbines, design improvements, and upscaling of the wind turbine is accelerating the growth of the offshore wind power market share in terms of revenue.
Top list of key players in the Offshore Wind Power Market:
- Siemens AG
- ABB Ltd
- Nexans SA
- EEW Group
- General Electric Co
- Sinovel Wind Group Co. Ltd
- Dong Energy A/S
- Vestas Wind Systems A/S
- Equinor Energy AS
- MHI Vestas Offshore Wind
Segmentation of the Offshore Wind Power Market:
The report covers all the regions and countries of the world, which shows a regional development status, including the market size, volume, and value, as well as price data. Besides, the report also covers various segment data of the market.
Breakup by Component:
- Turbine
o Nacelle
o Rotors and Blades
o Tower
- Substructure
o Monopile
o Jacket and Gravity Based
o Others
- Electrical Infrastructure
- Others
Breakup by Location:
- Shallow Water (< 30m Depth)
- Transitional Water (30m – 60m Depth)
- Deep Water (> 60m Depth)
Breakup by Region:
- North America
o United States of America
o Canada
- Asia Pacific
o China
o Japan
o India
o Rest of APAC
- Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
- RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
o Rest of the world (remaining countries of the LAMEA region)
About GMI Research:
GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.
Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.
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About Shaqib Akram 
Digital Marketer
28 connections, 1 recommendations, 90 honor points.Joined APSense since, April 30th, 2020, From Gurgaon, India.
Created on Oct 13th 2020 05:46. Viewed 265 times.
