Global Offshore Wind Energy Market Crossed $24.76 in 2018

Page 1

Offshore Wind Energy Market By Materials, By Product, By Preparation Method, By Application and By Geography Analysis - Forecast 2019 - 2024 www.industryarc.com

Offshore Wind Energy Market 2019-2024

sales@industryarc.com

01


Industry Market Research for Business Leaders, Strategists, Decision Makers

Press Release Global Offshore Wind Energy Market: Prospects and Segments The global population is projected to cross 8.6 billion by 2030, and urbanization is on rampant expansion. This is prompting the need for alternative renewable energy production as a result of fossil fuel caused pollution. According to IndustryARC’s report, the demand for global Offshore Energy Marketwill grow at a compound annual growth rate (CAGR) of 16.50% during the period of 20192025. As per the evaluation of the analyst, global offshore energy market reached $24.76 billion worth in the year 2018. Electricity has become one of the major demands after food and clothing across the world. According to the International Energy Agency, electricity consumption accounts for 19% of the total energy produced globally and the demand is estimated to increase at a rapid pace, reaching 24% by 2040. With this huge requirement, non-renewable energy sources cannot meet up the challenge. Offshore wind power plants produce unlimited renewable energy, which is comparatively cleaner than fossil fuel energy sources. Wind is easily available and can be converted using powerful wind turbines into useful electricity. Floating wind turbines are built on the seabed of coastal, marine routes (with high depth) to trap the high-speed wind, transferring its kinetic energy into electrical energy. This electricity is channeled through underwater cable networks to the powerhouse and distributed to several residential and non-residential end-users. Off-shore wind power market is segmented on the basis of components, technology, and end-users. Based on components, categorization includes turbines, towers, rotor blades, towers and many others. On the basis of technology, it can be bifurcated into horizontal, vertical, and experimental. Categorization on the basis of end-users includes energy and power, chemical, commercial, and others. Browse an in-depth TOC “Offshore Wind Energy Market (2019 - 2025)� Global Offshore Wind Energy Market: Growth Factors and Trends In coastal areas, the speedy wind is abundantly available and the power harnessing process includes no obstruction as compared to the wind power plants built across open lands. Transportation of components and the installation process is readily done with ease of marine transport making it costeffective. With growing urbanization and rapid industrialization, the demand for global offshore wind energy market is mounting. Medical organizations perform better with electronic medical equipment such as ultrasound and surgical devices, infusion pumps, endoscopic equipment, and others. High electricity demand from varied sectors, as well as household requirements, majorly fuels the global offshore wind energy market. Due to significant changes in electricity production and consumption statistics, the global offshore wind energy market is undergoing prominent advances including userfriendly machinery and innovative technology with least capital investment. LiDAR Technology LiDAR is one of the recent advancements in the global offshore wind energy market. With accurate and faultless wind measurement capacity, LiDAR has significantly evolved and is being highly preferred in the offshore wind farms. Compared to Met masts used earlier for measurement purposes, this technology emphasizes to yield a better profit for offshore wind power plants.

Offshore Wind Energy Market

02


Floating Platforms Floating platforms add up to the newer technologies being developed significantly in the market. Innovative floating wind turbine technologies such as spar-buoy, tension leg platform, and semisubmersible offer benefits including low-cost set-up in mid-depth water sources and operation in tough environments. Enhanced Rotor Blades Better functioning and productivity is achieved in offshore wind energy sites based on the efficiency and high-end performance of individual components. Rotor blades account for the most important part in harnessing the huge amount of energy. To accomplish higher production of wind power, longer rotor blades are installed to utilize maximum kinetic energy. Global Offshore Wind Energy Market: Regional Share and Key Players Europe is surrounded by Arctic Ocean in the North, Atlantic Ocean in the West, and Mediterranean Sea in the South with a coastline that stretches upto 68,000 km. With this huge coastal area, offshore wind energy market has a high scope of growth. According to IndustryARC’s analysis, Europe had the largest regional share of 82.84% in the year 2018. The offshore wind power has two types of connection including the off-grid and fully grid connections. The demand for fully grid connection is leading the global offshore wind energy market with a CAGR of 12.87% during the forecast period of 2019-2025. The pioneering players in the global offshore energy market include Senvion, Adwen, Siemens Gamesa, MHI Vestas Offshore Wind, Winwind, Sinovel, G.E, Doosan Heavy Industries, Ming Yang Smart Energy, Eew Group, A2 SEA, ABB, Nexans, and many others. Talk to one of our sales representative about the full report by providing your details in the link below: https://industryarc.com/support.php?id=504733

Related Reports: Wind Energy Foundation Market- Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2019 - 2024 https://industryarc.com/Research/Wind-Energy-Foundation-Market-Research-505043 Wind Turbine Rotor Blade Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2019 - 2024 https://industryarc.com/Research/Wind-Turbine-Rotor-Blade-Market-Research-504691

About IndustryARC: IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. We look forward to supporting the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

Offshore Wind Energy Market

03


Contact Us: Mr. Venkateshwar Reddy Business Development Manager Email: sales@industryarc.com Contact Sales: 1-614-588-8538 (Ext-101) Connect with us on LinkedIn - https://www.linkedin.com/company/industryarc

Offshore Wind Energy Market

04


Industry Market Research for Business Leaders, Strategists, Decision Makers

Table of Contents 1. Offshore Wind Energy Market - Overview 1.1 Definitions and Scope 2. Offshore Wind Energy Market - Executive summary 2.1 Market Revenue, Market Size and Key Trends by Company 2.2 Key Trends by type of Application 2.3 Key Trends segmented by Geography 3. Offshore Wind Energy Market 3.1 Comparative analysis 3.1.1 Product Benchmarking - Top 10 companies 3.1.2 Top 5 Financials Analysis 3.1.3 Market Value split by Top 10 companies 3.1.4 Patent Analysis - Top 10 companies 3.1.5 Pricing Analysis 4. Offshore Wind Energy Market - Startup companies Scenario 4.1 Top 10 startup company Analysis by 4.1.1 Investment 4.1.2 Revenue 4.1.3 Market Shares 4.1.4 Market Size and Application Analysis 4.1.5 Venture Capital and Funding Scenario 5. Offshore Wind Energy Market - Industry Market Entry Scenario 5.1 Regulatory Framework Overview 5.2 New Business and Ease of Doing business index 5.3 Case studies of successful ventures 5.4 Customer Analysis - Top 10 companies 6. Offshore Wind Energy Market Forces 6.1 Drivers 6.2 Constraints 6.3 Challenges 6.4 Porters five force model 6.4.1 Bargaining power of suppliers 6.4.2 Bargaining powers of customers 6.4.3 Threat of new entrants 6.4.4 Rivalry among existing players 6.4.5 Threat of substitutes 7. Offshore Wind Energy Market -Strategic analysis 7.1 Value chain analysis 7.2 Opportunities analysis 7.3 Product life cycle 7.4 Suppliers and distributors Market Share 8. Offshore Wind Energy Market - By Product (Market Size -$Million / $Billion) 8.1 Market Size and Market Share Analysis 8.2 Application Revenue and Trend Research 8.3 Product Segment Analysis 9. Offshore Wind Energy Market - By Type (Market Size -$Million / $Billion) 10. Offshore Wind Energy - By Application (Market Size -$Million / $Billion) 10.1 Segment type Size and Market Share Analysis 10.2 Application Revenue and Trends by type of Application 10.3 Application Segment Analysis by Type 11. Offshore Wind Energy- By Geography (Market Size -$Million / $Billion)

Offshore Wind Energy Market

05


11.1 Offshore Wind Energy Market - North America Segment Research 11.2 North America Market Research (Million / $Billion) 11.2.1 Segment type Size and Market Size Analysis 11.2.2 Revenue and Trends 11.2.3 Application Revenue and Trends by type of Application 11.2.4 Company Revenue and Product Analysis 11.2.5 North America Product type and Application Market Size 11.2.5.1 U.S 11.2.5.2 Canada 11.2.5.3 Mexico 11.2.5.4 Rest of North America 11.3 Offshore Wind Energy- South America Segment Research 11.4 South America Market Research (Market Size -$Million / $Billion) 11.4.1 Segment type Size and Market Size Analysis 11.4.2 Revenue and Trends 11.4.3 Application Revenue and Trends by type of Application 11.4.4 Company Revenue and Product Analysis 11.4.5 South America Product type and Application Market Size 11.4.5.1 Brazil 11.4.5.2 Venezuela 11.4.5.3 Argentina 11.4.5.4 Ecuador 11.4.5.5 Peru 11.4.5.6 Colombia 11.4.5.7 Costa Rica 11.4.5.8 Rest of South America 11.5 Offshore Wind Energy- Europe Segment Research 11.6 Europe Market Research (Market Size -$Million / $Billion) 11.6.1 Segment type Size and Market Size Analysis 11.6.2 Revenue and Trends 11.6.3 Application Revenue and Trends by type of Application 11.6.4 Company Revenue and Product Analysis 11.6.5 Europe Segment Product type and Application Market Size 11.6.5.1 U.K 11.6.5.2 Germany 11.6.5.3 Italy 11.6.5.4 France 11.6.5.5 Netherlands 11.6.5.6 Belgium 11.6.5.7 Denmark 11.6.5.8 Spain 11.6.5.9 Rest of Europe 11.7 Offshore Wind Energy - APAC Segment Research 11.8 APAC Market Research (Market Size -$Million / $Billion) 11.8.1 Segment type Size and Market Size Analysis 11.8.2 Revenue and Trends 11.8.3 Application Revenue and Trends by type of Application 11.8.4 Company Revenue and Product Analysis 11.8.5 APAC Segment - Product type and Application Market Size 11.8.5.1 China 11.8.5.2 Australia 11.8.5.3 Japan 11.8.5.4 South Korea 11.8.5.5 India 11.8.5.6 Taiwan 11.8.5.7 Malaysia 11.8.5.8 Hong kong 11.8.5.9 Rest of APAC

Offshore Wind Energy Market

06


11.9 Offshore Wind Energy - Middle East Segment and Africa Segment Research 11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion) 11.10.1 Segment type Size and Market Size Analysis 11.10.2 Revenue and Trend Analysis 11.10.3 Application Revenue and Trends by type of Application 11.10.4 Company Revenue and Product Analysis 11.10.5 Middle East Segment Product type and Application Market Size 11.10.5.1 Israel 11.10.5.2 Saudi Arabia 11.10.5.3 UAE 11.10.6 Africa Segment Analysis 11.10.6.1 South Africa 11.10.6.2 Rest of Middle East & Africa 12. Offshore Wind Energy Market - Entropy 12.1 New product launches 12.2 M&A s, collaborations, JVs and partnerships 13. Offshore Wind Energy Market - Industry / Segment Competition landscape 13.1 Market Share Analysis 13.1.1 Market Share by Country- Top companies 13.1.2 Market Share by Region- Top 10 companies 13.1.3 Market Share by type of Application - Top 10 companies 13.1.4 Market Share by type of Product / Product category- Top 10 companies 13.1.5 Market Share at global level - Top 10 companies 13.1.6 Best Practises for companies 14. Offshore Wind Energy Market - Key Company List by Country 15. Offshore Wind Energy Market Company Analysis 15.1 Market Share, Company Revenue, Products, M&A, Developments 15.2 China Ming Yang Wind Power Group Limited 15.3 Dong Energy A/S 15.4 Gamesa Corporacion Technologica Sa 15.5 Ge Wind Energy 15.6 Goldwin Science And Technology Co Ltd 15.7 Nordex Se 15.8 Siemens Wind Power 15.9 Sinovel Wind Group Co Ltd 15.10 Suzlon Group 15.11 Vesta Wind System A/S 15.12 Company 11 15.13 Company 12 & More *Financials would be provided on a best efforts basis for private companies 16. Offshore Wind Energy Market - Appendix 16.1 Abbreviations 16.2 Sources 17. Offshore Wind Energy Market - Methodology 17.1 Research Methodology 17.1.1 Company Expert Interviews 17.1.2 Industry Databases 17.1.3 Associations 17.1.4 Company News 17.1.5 Company Annual Reports 17.1.6 Application Trends 17.1.7 New Products and Product database 17.1.8 Company Transcripts 17.1.9 R&D Trends 17.1.10 Key Opinion Leaders Interviews 17.1.11 Supply and Demand Trends

Offshore Wind Energy Market

07


Industry Market Research for Business Leaders, Strategists, Decision Makers

IndustryARC Solutions We cater to the pain points of our clients by providing the following solutions, which are targeted and address key issues specifically. Each of the business verticals is helpful to a client at various stages of their operational, managerial and strategic level plans. Syndicate Reports and Consulting (SRC) 1. Provide high quality analytical syndicated reports with key market insights, strategies and market forecasts for a specific industry or vertical of the clients. Constant tracking of industries and relations with experts helps us to predict and publish reports before our competitors as well as meet client needs proactively. Market Research and Data Analytics (MRDA) 2. Provide pure play data analytics services for ad-hoc and long-term engagement projects of clients with market research layered into the analysis. We are the only global company to offer this combination one-stop service to clients. Redundancies generally seen by procuring data, analytics services from multiple vendors is overcome by our solution. Competitive Landscape Analysis (CLA) 3. Provide company financial analysis, market share analysis, competitive landscape insights and market movements to clients. This is one of the most important pain point and key request from majority of our clients, for which we use our proprietary methodologies to provide accurate CLA data. Accelerated Business Development (ABD) 4. Connect clients with their customers on a global scale by acting as an outsourced sales team on behalf of the client. This is a unique tri-party engagement model to benefit the client and their customer, and acts as a business development scale up at an international level. Market Intel Reports (MIR) 5. Provide one-stop venue with a searchable syndicate reports database from global companies available to clients. This augments our offerings exponentially and also assists in studying global client needs at an in-depth level.

Offshore Wind Energy Market

08


Industry Market Research for Business Leaders, Strategists, Decision Makers

About IndustryARC IndustryARC strategy studies primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals.

We Work for You For IndustryARC, we value every customer equally. We only stay ready to help each client in the best way possible with a unique 24x365 support plan. We suggest looking at the following benefits of relying on Professional Business Consulting and Custom Market Research Services to realize the unique strategic gains on offer: 1. 2. 3. 4. 5. 6. 7.

Strengthen and improve organizational performance Strategic planning and analysing Adoption of newer and cost-effective technologies Become environmentally sustainable and profitable Improve their training and certification procedures. Planning for business automation. Project facilitation and management.

Our Expertise Agriculture | Automotive | Energy and Power | Food & Beverage | Chemicals & Materials | Semiconductor & Electronics | Information Technology | Automation & Instrumentation Consumer Products & Services | Life Sciences and Healthcare

Offshore Wind Energy Market

09


Offshore Wind Energy Market

010


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.