The increasing advantages of offshore wind energy
over its onshore counterpart is a major factor boosting the global
offshore wind energy market, states Transparency Market Research in
its latest report. The report, titled “Offshore Wind Energy Market
- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast
2014 - 2022”, is available for sale on the company website.
According to the report, the global installed capacity in the
offshore wind energy market is poised to grow from 7,045.4 MW in 2013
to 52,120.9 MW in 2022, developing at a 25.0% CAGR during the
forecast period. Annual installations, on the other hand, are
expected to rise from 1,629.4 MW in 2013 to 7,228 MW by 2022, at a
19.60% CAGR during the same time-frame.
This 180 page report gives readers a
comprehensive overview of the Offshore Wind market. Browse through 19
data tables and 76 figures to unlock the hidden opportunities in this
market@
On the basis of geography, the global offshore
wind energy market is divided into North America, Europe, Asia
Pacific, and Rest of the World. Europe is presently the largest
market for offshore wind energy since it is the only region that has
made significant investments in the field. This positive investment
climate is anticipated to continue through 2022, according to the
report.
In 2013, Europe reported 1,567 MW of new capacity
additions in the offshore wind energy market, which was a massive 34%
greater than the year prior to that. With the implementation of
numerous favorable initiatives such as the Electricity Market Reform
Package and the new Energy Act of 2013, the U.K. has emerged as the
most prominent offshore wind energy market in Europe. The
construction of wind turbines and manufacturing facilities in the
country is supported by the Associated British Ports, which also
boosts the offshore wind energy market in the U.K. However, a funding
gap is threatening to hold this market back owing to the difference
between planned capacity additions and available subsidies.
Germany is also a strong market for offshore wind
energy and holds 30% of the consented European offshore wind farms.
An inherent locational advantage and stronger port infrastructure
makes Germany a leading contender in the European market and the
report indicates 9 GW of new capacity in the pipeline.Asia Pacific is
the next largest market for offshore wind energy; however, China is
currently the only country with a separate target allotment when it
comes to offshore wind energy installations.
Get accurate market forecast and analysis on
the Offshore Wind market. Request a sample to stay abreast on the key
trends impacting this market@
The most prominent players operating at a global
and domestic level in the global offshore wind energy market include
Sinovel Wind Group Co. Ltd., Siemens Wind Power, Dong Energy A/S,
Gamesa Corporacion Tecnologica S.A., Nordex SE, Vestas Wind Systems
A/S, Suzlon Group, China Ming Yang Wind Power Group Limited, GE Wind
Energy, and Goldwind Science and Technology Co. Ltd.Each of these
companies is profiled in the offshore wind energy market research
report on the basis of attributes such as company overview, financial
standing, business strategy, product portfolio, and recent
developments.
Offshore Wind Energy Market: Regional Analysis
- North America
- Europe
- Asia Pacific
- Rest of the World
About
Us
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company’s exclusive blend of quantitative forecasting and trend
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Transparency Market Research employs rigorous primary and secondary
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