Global Off-Shore Wind Market to Reach $95.2 Billion by 2030

New York, July 07, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Off-Shore Wind Industry” – https://www.reportlinker.com/p05799253/?utm_source=GNW
Turbine, one of the segments analyzed in the report, is projected to record a 16.5% CAGR and reach US$47.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Substructure segment is readjusted to a revised 15.5% CAGR for the next 8-year period.- ABB Ltd.
– Doosan Enerbility Co., Ltd.
– E.ON SE
– EEW GROUP
– Engie SA
– General Electric
– Ørsted A/S
– Shanghai Electric Wind Power Group Co., Ltd.
– Siemens Gamesa Renewable Energy SA
– Vestas Wind Systems A/S
– Xinjiang Goldwind Science & Technology Co., Ltd.Urgent Need to Address Climate Change Provides the Foundation
for the Rise of Renewable Energy
Suffocating Spike in Emissions Shifts Focus on Renewables for
Powering a Safer Future: Global CO2 Emissions (In Billion
Metric Tons) for Years 1930, 1940, 1950, 1960, 1970, 1980,
1990, 2000, 2010, 2020, 2021, 2022 & 2023
Robust Focus on Renewables Sets the Stage for the Growth of
Offshore Wind Energy: Global Clean Energy Investments (In US$
Billion) for Years 2017, 2019, 2021, and 2023
Myriad Benefits Make Wind Energy the Most Attractive of All
Renewable Energy Sources
Global Economic Update
Shaken by the War, Global Oil Prices Spiral and Feed
Inflationary Pressures, Guiding the World Towards a Cost of
Living Crisis: Global Average Annual Brent Crude Oil Price
(In US$ Per Barrel) for Years 2017 through 2024
War-Induced Commodity Price Increases & Broad Based Price
Pressures Mark the Return of Global Inflation to the Highest
Level Seen Since 1996: Global Inflation Rates (In %) for the
Years 2019 Through 2024
Although Facing a Lower Recession Risk, Global Economic Growth
in 2023 to Slowdown Amid War, Inflation, Elevated Interest
Rates & Marginal Easing of Inflation: World Economic Growth
Projections (Real GDP, Annual % Change) for the Years 2020
Through 2024
Recession Triggered by Uncontrolled Inflation or Unemployment,
Which is the Greater Evil? Inflation Battling Policy Measures
to Slowdown Post Pandemic Recovery in Unemployment Rates:
Global Number of Unemployed People (In Million) for Years
2019 Through 2024
Competition
Off-Shore Wind – Global Key Competitors Percentage Market Share
in 2023 (E)
Competitive Market Presence – Strong/Active/Niche/Trivial for
Players Worldwide in 2023 (E)
Players Worldwide in 2023 (E
InnovationsHere?s Why Offshore Wind Energy Shows Potential to Race Ahead
of Onshore
Developments in Wind Turbines & Allied Wind Farm Technologies
Makes Offshore Wind Projects Easier to Deploy
Drones for Inspection to Reduce Operating Costs of Offshore
Wind Farms
Falling Cost of Wind Energy to Step Up Investments in Offshore
Wind Energy Projects
Onshore Wind Remains Among the Cheapest Sources of New Bulk
Power Generation: Global Levelised Cost of Electricity ($/MWh)
by Energy Type As of the Year 2022
Application of AI Across Wind Energy Witnesses a Surge
Digital Fever Catches on in the Off Shore Wind Energy SectorTable 1: World Off-Shore Wind Market Analysis of Annual Sales
in US$ Million for Years 2014 through 2030Off-Shore Wind by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2022 through 2030 and % CAGRRegion – USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets – Independent Analysis of Annual Sales in
US$ Million for Years 2014 through 2021 and % CAGRGeographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World Markets for Years 2014, 2023 & 2030Turbine by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2022 through
2030 and % CAGRUSA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World Markets – Independent Analysis of Annual Sales in US$
Million for Years 2014 through 2021 and % CAGRRegion – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2014, 2023 & 2030Substructure by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2022 through
2030 and % CAGRRegion – USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets – Independent Analysis of Annual Sales in
US$ Million for Years 2014 through 2021 and % CAGRGeographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2014, 2023 & 2030Electrical Infrastructure by Geographic Region – USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2022 through 2030 and % CAGRby Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2014 through 2021 and
% CAGRInfrastructure by Geographic Region – Percentage Breakdown of
Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific
and Rest of World for Years 2014, 2023 & 2030Other Components by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2022 through 2030 and % CAGRGeographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2014 through 2021 and
% CAGRGeographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2014, 2023 & 2030Shallow Water by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2022 through
2030 and % CAGRRegion – USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets – Independent Analysis of Annual Sales in
US$ Million for Years 2014 through 2021 and % CAGRGeographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2014, 2023 & 2030Transitional Water by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2022 through 2030 and % CAGRGeographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2014 through 2021 and
% CAGRGeographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2014, 2023 & 2030Water by Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2022 through 2030 and
% CAGRRegion – USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets – Independent Analysis of Annual Sales in
US$ Million for Years 2014 through 2021 and % CAGRGeographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2014, 2023 & 2030Off-Shore Wind Market Presence – Strong/Active/Niche/Trivial –
Key Competitors in the United States for 2023 (E)
Table 26: USA Recent Past, Current & Future Analysis for
Off-Shore Wind by Component – Turbine, Substructure, Electrical
Infrastructure and Other Components – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGRTurbine, Substructure, Electrical Infrastructure and Other
Components Markets – Independent Analysis of Annual Sales in
US$ Million for Years 2014 through 2021 and % CAGRComponent – Percentage Breakdown of Value Sales for Turbine,
Substructure, Electrical Infrastructure and Other Components
for the Years 2014, 2023 & 2030Off-Shore Wind by Location – Shallow Water, Transitional Water
and Deep Water – Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGRShallow Water, Transitional Water and Deep Water Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGRLocation – Percentage Breakdown of Value Sales for Shallow
Water, Transitional Water and Deep Water for the Years 2014,
2023 & 2030Table 32: Canada Recent Past, Current & Future Analysis for
Off-Shore Wind by Component – Turbine, Substructure, Electrical
Infrastructure and Other Components – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGRComponent – Turbine, Substructure, Electrical Infrastructure
and Other Components Markets – Independent Analysis of Annual
Sales in US$ Million for Years 2014 through 2021 and % CAGRComponent – Percentage Breakdown of Value Sales for Turbine,
Substructure, Electrical Infrastructure and Other Components
for the Years 2014, 2023 & 2030Off-Shore Wind by Location – Shallow Water, Transitional Water
and Deep Water – Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGRShallow Water, Transitional Water and Deep Water Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGRLocation – Percentage Breakdown of Value Sales for Shallow
Water, Transitional Water and Deep Water for the Years 2014,
2023 & 2030Table 38: Japan Recent Past, Current & Future Analysis for
Off-Shore Wind by Component – Turbine, Substructure, Electrical
Infrastructure and Other Components – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGRTurbine, Substructure, Electrical Infrastructure and Other
Components Markets – Independent Analysis of Annual Sales in
US$ Million for Years 2014 through 2021 and % CAGRComponent – Percentage Breakdown of Value Sales for Turbine,
Substructure, Electrical Infrastructure and Other Components
for the Years 2014, 2023 & 2030Off-Shore Wind by Location – Shallow Water, Transitional Water
and Deep Water – Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGRShallow Water, Transitional Water and Deep Water Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGRLocation – Percentage Breakdown of Value Sales for Shallow
Water, Transitional Water and Deep Water for the Years 2014,
2023 & 2030Table 44: China Recent Past, Current & Future Analysis for
Off-Shore Wind by Component – Turbine, Substructure, Electrical
Infrastructure and Other Components – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGRTurbine, Substructure, Electrical Infrastructure and Other
Components Markets – Independent Analysis of Annual Sales in
US$ Million for Years 2014 through 2021 and % CAGRComponent – Percentage Breakdown of Value Sales for Turbine,
Substructure, Electrical Infrastructure and Other Components
for the Years 2014, 2023 & 2030Off-Shore Wind by Location – Shallow Water, Transitional Water
and Deep Water – Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGRShallow Water, Transitional Water and Deep Water Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGRLocation – Percentage Breakdown of Value Sales for Shallow
Water, Transitional Water and Deep Water for the Years 2014,
2023 & 2030Off-Shore Wind Market Presence – Strong/Active/Niche/Trivial –
Key Competitors in Europe for 2023 (E)
Table 50: Europe Recent Past, Current & Future Analysis for
Off-Shore Wind by Geographic Region – France, Germany, Italy,
UK and Rest of Europe Markets – Independent Analysis of Annual
Sales in US$ Million for Years 2022 through 2030 and % CAGRGeographic Region – France, Germany, Italy, UK and Rest of
Europe Markets – Independent Analysis of Annual Sales in US$
Million for Years 2014 through 2021 and % CAGRGeographic Region – Percentage Breakdown of Value Sales for
France, Germany, Italy, UK and Rest of Europe Markets for Years
2014, 2023 & 2030Off-Shore Wind by Component – Turbine, Substructure, Electrical
Infrastructure and Other Components – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGRComponent – Turbine, Substructure, Electrical Infrastructure
and Other Components Markets – Independent Analysis of Annual
Sales in US$ Million for Years 2014 through 2021 and % CAGRComponent – Percentage Breakdown of Value Sales for Turbine,
Substructure, Electrical Infrastructure and Other Components
for the Years 2014, 2023 & 2030Off-Shore Wind by Location – Shallow Water, Transitional Water
and Deep Water – Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGRShallow Water, Transitional Water and Deep Water Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGRLocation – Percentage Breakdown of Value Sales for Shallow
Water, Transitional Water and Deep Water for the Years 2014,
2023 & 2030Table 59: France Recent Past, Current & Future Analysis for
Off-Shore Wind by Component – Turbine, Substructure, Electrical
Infrastructure and Other Components – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGRComponent – Turbine, Substructure, Electrical Infrastructure
and Other Components Markets – Independent Analysis of Annual
Sales in US$ Million for Years 2014 through 2021 and % CAGRComponent – Percentage Breakdown of Value Sales for Turbine,
Substructure, Electrical Infrastructure and Other Components
for the Years 2014, 2023 & 2030Off-Shore Wind by Location – Shallow Water, Transitional Water
and Deep Water – Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGRShallow Water, Transitional Water and Deep Water Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGRLocation – Percentage Breakdown of Value Sales for Shallow
Water, Transitional Water and Deep Water for the Years 2014,
2023 & 2030Table 65: Germany Recent Past, Current & Future Analysis for
Off-Shore Wind by Component – Turbine, Substructure, Electrical
Infrastructure and Other Components – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGRComponent – Turbine, Substructure, Electrical Infrastructure
and Other Components Markets – Independent Analysis of Annual
Sales in US$ Million for Years 2014 through 2021 and % CAGRComponent – Percentage Breakdown of Value Sales for Turbine,
Substructure, Electrical Infrastructure and Other Components
for the Years 2014, 2023 & 2030Off-Shore Wind by Location – Shallow Water, Transitional Water
and Deep Water – Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGRLocation – Shallow Water, Transitional Water and Deep Water
Markets – Independent Analysis of Annual Sales in US$ Million
for Years 2014 through 2021 and % CAGRLocation – Percentage Breakdown of Value Sales for Shallow
Water, Transitional Water and Deep Water for the Years 2014,
2023 & 2030Table 71: Italy Recent Past, Current & Future Analysis for
Off-Shore Wind by Component – Turbine, Substructure, Electrical
Infrastructure and Other Components – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGRTurbine, Substructure, Electrical Infrastructure and Other
Components Markets – Independent Analysis of Annual Sales in
US$ Million for Years 2014 through 2021 and % CAGRComponent – Percentage Breakdown of Value Sales for Turbine,
Substructure, Electrical Infrastructure and Other Components
for the Years 2014, 2023 & 2030Off-Shore Wind by Location – Shallow Water, Transitional Water
and Deep Water – Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGRShallow Water, Transitional Water and Deep Water Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGRLocation – Percentage Breakdown of Value Sales for Shallow
Water, Transitional Water and Deep Water for the Years 2014,
2023 & 2030Table 77: UK Recent Past, Current & Future Analysis for
Off-Shore Wind by Component – Turbine, Substructure, Electrical
Infrastructure and Other Components – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGRTurbine, Substructure, Electrical Infrastructure and Other
Components Markets – Independent Analysis of Annual Sales in
US$ Million for Years 2014 through 2021 and % CAGRComponent – Percentage Breakdown of Value Sales for Turbine,
Substructure, Electrical Infrastructure and Other Components
for the Years 2014, 2023 & 2030Off-Shore Wind by Location – Shallow Water, Transitional Water
and Deep Water – Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGRShallow Water, Transitional Water and Deep Water Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGRPercentage Breakdown of Value Sales for Shallow Water,
Transitional Water and Deep Water for the Years 2014, 2023 &
2030Table 83: Rest of Europe Recent Past, Current & Future Analysis
for Off-Shore Wind by Component – Turbine, Substructure,
Electrical Infrastructure and Other Components – Independent
Analysis of Annual Sales in US$ Million for the Years 2022
through 2030 and % CAGRComponent – Turbine, Substructure, Electrical Infrastructure
and Other Components Markets – Independent Analysis of Annual
Sales in US$ Million for Years 2014 through 2021 and % CAGRby Component – Percentage Breakdown of Value Sales for Turbine,
Substructure, Electrical Infrastructure and Other Components
for the Years 2014, 2023 & 2030for Off-Shore Wind by Location – Shallow Water, Transitional
Water and Deep Water – Independent Analysis of Annual Sales in
US$ Million for the Years 2022 through 2030 and % CAGRLocation – Shallow Water, Transitional Water and Deep Water
Markets – Independent Analysis of Annual Sales in US$ Million
for Years 2014 through 2021 and % CAGRby Location – Percentage Breakdown of Value Sales for Shallow
Water, Transitional Water and Deep Water for the Years 2014,
2023 & 2030Off-Shore Wind Market Presence – Strong/Active/Niche/Trivial –
Key Competitors in Asia-Pacific for 2023 (E)
Table 89: Asia-Pacific Recent Past, Current & Future Analysis
for Off-Shore Wind by Component – Turbine, Substructure,
Electrical Infrastructure and Other Components – Independent
Analysis of Annual Sales in US$ Million for the Years 2022
through 2030 and % CAGRComponent – Turbine, Substructure, Electrical Infrastructure
and Other Components Markets – Independent Analysis of Annual
Sales in US$ Million for Years 2014 through 2021 and % CAGRby Component – Percentage Breakdown of Value Sales for Turbine,
Substructure, Electrical Infrastructure and Other Components
for the Years 2014, 2023 & 2030for Off-Shore Wind by Location – Shallow Water, Transitional
Water and Deep Water – Independent Analysis of Annual Sales in
US$ Million for the Years 2022 through 2030 and % CAGRLocation – Shallow Water, Transitional Water and Deep Water
Markets – Independent Analysis of Annual Sales in US$ Million
for Years 2014 through 2021 and % CAGRby Location – Percentage Breakdown of Value Sales for Shallow
Water, Transitional Water and Deep Water for the Years 2014,
2023 & 2030Table 95: Rest of World Recent Past, Current & Future Analysis
for Off-Shore Wind by Component – Turbine, Substructure,
Electrical Infrastructure and Other Components – Independent
Analysis of Annual Sales in US$ Million for the Years 2022
through 2030 and % CAGRComponent – Turbine, Substructure, Electrical Infrastructure
and Other Components Markets – Independent Analysis of Annual
Sales in US$ Million for Years 2014 through 2021 and % CAGRby Component – Percentage Breakdown of Value Sales for Turbine,
Substructure, Electrical Infrastructure and Other Components
for the Years 2014, 2023 & 2030for Off-Shore Wind by Location – Shallow Water, Transitional
Water and Deep Water – Independent Analysis of Annual Sales in
US$ Million for the Years 2022 through 2030 and % CAGRLocation – Shallow Water, Transitional Water and Deep Water
Markets – Independent Analysis of Annual Sales in US$ Million
for Years 2014 through 2021 and % CAGRby Location – Percentage Breakdown of Value Sales for Shallow
Water, Transitional Water and Deep Water for the Years 2014,
2023 & 2030Read the full report: https://www.reportlinker.com/p05799253/?utm_source=GNWReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.
(GlobeNewsWire)