Offshore Wind Energy Farms Market Insights, Global Outlook and Forecast 2022-2028
Offshore wind energy farms refer to the electric energy generation plants set-up near the coastal areas with shallow waters.
The latest research study released by Market IntelliX evaluates market size and forecasts of Offshore Wind Energy Farms in Global, including the following market information:
Global Offshore Wind Energy Farms Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Offshore Wind Energy Farms market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Turbines Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Offshore Wind Energy Farms include Siemens Wind Power GmbH & Co.KG, DONG Energy A/S, Vestas Wind Systems A/S, GE Renewable Energy, ADWEN Offshore, S.L., Senvion S.A., Samsung Heavy Industries Co. Ltd., Suzlon Energy Limited and Nordex SE and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MI has surveyed the Offshore Wind Energy Farms companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Market Segmentations:
Global Offshore Wind Energy Farms Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Offshore Wind Energy Farms Market Segment Percentages, by Type, 2021 (%)
Turbines
Support Structure
Electrical Infrastructure
Assembly
Transportation And Installation
Global Offshore Wind Energy Farms Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Offshore Wind Energy Farms Market Segment Percentages, by Application, 2021 (%)
Commercial Electricity
Civilian Electricity
Global Offshore Wind Energy Farms Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Offshore Wind Energy Farms Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Offshore Wind Energy Farms revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Offshore Wind Energy Farms revenues share in global market, 2021 (%)
The report presents profiles of competitors in the market, Some of the prominent key players covered:
Siemens Wind Power GmbH & Co.KG
DONG Energy A/S
Vestas Wind Systems A/S
GE Renewable Energy
ADWEN Offshore, S.L.
Senvion S.A.
Samsung Heavy Industries Co. Ltd.
Suzlon Energy Limited
Nordex SE
Sinovel Wind Group Co., Ltd.
Key Takeaways from this Report
Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
1 Introduction to Research & Analysis Reports
1.1 Offshore Wind Energy Farms Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Offshore Wind Energy Farms Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Offshore Wind Energy Farms Overall Market Size
2.1 Global Offshore Wind Energy Farms Market Size: 2021 VS 2028
2.2 Global Offshore Wind Energy Farms Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Offshore Wind Energy Farms Players in Global Market
3.2 Top Global Offshore Wind Energy Farms Companies Ranked by Revenue
3.3 Global Offshore Wind Energy Farms Revenue by Companies
3.4 Top 3 and Top 5 Offshore Wind Energy Farms Companies in Global Market, by Revenue in 2021
3.5 Global Companies Offshore Wind Energy Farms Product Type
3.6 Tier 1, Tier 2 and Tier 3 Offshore Wind Energy Farms Players in Global Market
3.6.1 List of Global Tier 1 Offshore Wind Energy Farms Companies
3.6.2 List of Global Tier 2 and Tier 3 Offshore Wind Energy Farms Companies
4 Market Sights by Product
4.1 Overview
4.1.1 by Type - Global Offshore Wind Energy Farms Market Size Markets, 2021 & 2028
4.1.2 Turbines
4.1.3 Support Structure
4.1.4 Electrical Infrastructure
4.1.5 Assembly
4.1.6 Transportation And Installation
4.2 By Type - Global Offshore Wind Energy Farms Revenue & Forecasts
4.2.1 By Type - Global Offshore Wind Energy Farms Revenue, 2017-2022
4.2.2 By Type - Global Offshore Wind Energy Farms Revenue, 2023-2028
4.2.3 By Type - Global Offshore Wind Energy Farms Revenue Market Share, 2017-2028
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Offshore Wind Energy Farms Market Size, 2021 & 2028
5.1.2 Commercial Electricity
5.1.3 Civilian Electricity
5.2 By Application - Global Offshore Wind Energy Farms Revenue & Forecasts
5.2.1 By Application - Global Offshore Wind Energy Farms Revenue, 2017-2022
5.2.2 By Application - Global Offshore Wind Energy Farms Revenue, 2023-2028
5.2.3 By Application - Global Offshore Wind Energy Farms Revenue Market Share, 2017-2028
6 Sights by Region
6.1 By Region - Global Offshore Wind Energy Farms Market Size, 2021 & 2028
6.2 By Region - Global Offshore Wind Energy Farms Revenue & Forecasts
6.2.1 By Region - Global Offshore Wind Energy Farms Revenue, 2017-2022
6.2.2 By Region - Global Offshore Wind Energy Farms Revenue, 2023-2028
6.2.3 By Region - Global Offshore Wind Energy Farms Revenue Market Share, 2017-2028
6.3 North America
6.3.1 By Country - North America Offshore Wind Energy Farms Revenue, 2017-2028
6.3.2 US Offshore Wind Energy Farms Market Size, 2017-2028
6.3.3 Canada Offshore Wind Energy Farms Market Size, 2017-2028
6.3.4 Mexico Offshore Wind Energy Farms Market Size, 2017-2028
6.4 Europe
6.4.1 By Country - Europe Offshore Wind Energy Farms Revenue, 2017-2028
6.4.2 Germany Offshore Wind Energy Farms Market Size, 2017-2028
6.4.3 France Offshore Wind Energy Farms Market Size, 2017-2028
6.4.4 U.K. Offshore Wind Energy Farms Market Size, 2017-2028
6.4.5 Italy Offshore Wind Energy Farms Market Size, 2017-2028
6.4.6 Russia Offshore Wind Energy Farms Market Size, 2017-2028
6.4.7 Nordic Countries Offshore Wind Energy Farms Market Size, 2017-2028
6.4.8 Benelux Offshore Wind Energy Farms Market Size, 2017-2028
6.5 Asia
6.5.1 By Region - Asia Offshore Wind Energy Farms Revenue, 2017-2028
6.5.2 China Offshore Wind Energy Farms Market Size, 2017-2028
6.5.3 Japan Offshore Wind Energy Farms Market Size, 2017-2028
6.5.4 South Korea Offshore Wind Energy Farms Market Size, 2017-2028
6.5.5 Southeast Asia Offshore Wind Energy Farms Market Size, 2017-2028
6.5.6 India Offshore Wind Energy Farms Market Size, 2017-2028
6.6 South America
6.6.1 By Country - South America Offshore Wind Energy Farms Revenue, 2017-2028
6.6.2 Brazil Offshore Wind Energy Farms Market Size, 2017-2028
6.6.3 Argentina Offshore Wind Energy Farms Market Size, 2017-2028
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Offshore Wind Energy Farms Revenue, 2017-2028
6.7.2 Turkey Offshore Wind Energy Farms Market Size, 2017-2028
6.7.3 Israel Offshore Wind Energy Farms Market Size, 2017-2028
6.7.4 Saudi Arabia Offshore Wind Energy Farms Market Size, 2017-2028
6.7.5 UAE Offshore Wind Energy Farms Market Size, 2017-2028
7 Players Profiles
7.1 Siemens Wind Power GmbH & Co.KG
7.1.1 Siemens Wind Power GmbH & Co.KG Corporate Summary
7.1.2 Siemens Wind Power GmbH & Co.KG Business Overview
7.1.3 Siemens Wind Power GmbH & Co.KG Offshore Wind Energy Farms Major Product Offerings
7.1.4 Siemens Wind Power GmbH & Co.KG Offshore Wind Energy Farms Revenue in Global Market (2017-2022)
7.1.5 Siemens Wind Power GmbH & Co.KG Key News
7.2 DONG Energy A/S
7.2.1 DONG Energy A/S Corporate Summary
7.2.2 DONG Energy A/S Business Overview
7.2.3 DONG Energy A/S Offshore Wind Energy Farms Major Product Offerings
7.2.4 DONG Energy A/S Offshore Wind Energy Farms Revenue in Global Market (2017-2022)
7.2.5 DONG Energy A/S Key News
7.3 Vestas Wind Systems A/S
7.3.1 Vestas Wind Systems A/S Corporate Summary
7.3.2 Vestas Wind Systems A/S Business Overview
7.3.3 Vestas Wind Systems A/S Offshore Wind Energy Farms Major Product Offerings
7.3.4 Vestas Wind Systems A/S Offshore Wind Energy Farms Revenue in Global Market (2017-2022)
7.3.5 Vestas Wind Systems A/S Key News
7.4 GE Renewable Energy
7.4.1 GE Renewable Energy Corporate Summary
7.4.2 GE Renewable Energy Business Overview
7.4.3 GE Renewable Energy Offshore Wind Energy Farms Major Product Offerings
7.4.4 GE Renewable Energy Offshore Wind Energy Farms Revenue in Global Market (2017-2022)
7.4.5 GE Renewable Energy Key News
7.5 ADWEN Offshore, S.L.
7.5.1 ADWEN Offshore, S.L. Corporate Summary
7.5.2 ADWEN Offshore, S.L. Business Overview
7.5.3 ADWEN Offshore, S.L. Offshore Wind Energy Farms Major Product Offerings
7.5.4 ADWEN Offshore, S.L. Offshore Wind Energy Farms Revenue in Global Market (2017-2022)
7.5.5 ADWEN Offshore, S.L. Key News
7.6 Senvion S.A.
7.6.1 Senvion S.A. Corporate Summary
7.6.2 Senvion S.A. Business Overview
7.6.3 Senvion S.A. Offshore Wind Energy Farms Major Product Offerings
7.6.4 Senvion S.A. Offshore Wind Energy Farms Revenue in Global Market (2017-2022)
7.6.5 Senvion S.A. Key News
7.7 Samsung Heavy Industries Co. Ltd.
7.7.1 Samsung Heavy Industries Co. Ltd. Corporate Summary
7.7.2 Samsung Heavy Industries Co. Ltd. Business Overview
7.7.3 Samsung Heavy Industries Co. Ltd. Offshore Wind Energy Farms Major Product Offerings
7.7.4 Samsung Heavy Industries Co. Ltd. Offshore Wind Energy Farms Revenue in Global Market (2017-2022)
7.7.5 Samsung Heavy Industries Co. Ltd. Key News
7.8 Suzlon Energy Limited
7.8.1 Suzlon Energy Limited Corporate Summary
7.8.2 Suzlon Energy Limited Business Overview
7.8.3 Suzlon Energy Limited Offshore Wind Energy Farms Major Product Offerings
7.8.4 Suzlon Energy Limited Offshore Wind Energy Farms Revenue in Global Market (2017-2022)
7.8.5 Suzlon Energy Limited Key News
7.9 Nordex SE
7.9.1 Nordex SE Corporate Summary
7.9.2 Nordex SE Business Overview
7.9.3 Nordex SE Offshore Wind Energy Farms Major Product Offerings
7.9.4 Nordex SE Offshore Wind Energy Farms Revenue in Global Market (2017-2022)
7.9.5 Nordex SE Key News
7.10 Sinovel Wind Group Co., Ltd.
7.10.1 Sinovel Wind Group Co., Ltd. Corporate Summary
7.10.2 Sinovel Wind Group Co., Ltd. Business Overview
7.10.3 Sinovel Wind Group Co., Ltd. Offshore Wind Energy Farms Major Product Offerings
7.10.4 Sinovel Wind Group Co., Ltd. Offshore Wind Energy Farms Revenue in Global Market (2017-2022)
7.10.5 Sinovel Wind Group Co., Ltd. Key News
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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