Offshore Wind Market By Component, Location, Capacity, Key Players and Regions - Global Industry Analysis & Forecast to 2027
Published On : May 2022 Pages : 140 Category: Energy & Natural Resources Report Code : EM0517359
The global Offshore Wind Market is valued at USD XX billion in 2021 and is projected to reach USD XX billion by the end of 2027, growing at a CAGR of XX% during the period 2022 to 2027.
The report exhibit detail coverage of Offshore Wind industry and market trends. The report also analyses present and past market values to forecast potential market through the forecast period between 2022-2027. This research study of Offshore Wind Market involved the extensive usage of both primary and secondary data sources. This includes the study of various parameters 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.
In addition, the report provides insight into main drivers, challenges, opportunities and risk of the market and strategies of suppliers. Key players are profiled as well. Overall, this report covers the historical situation, present status and the future prospects of the global Offshore Wind Market for 2017-2027.
Crystal Market Research envisions that the span of the Offshore Wind Market will develop amid the estimated time frame as the Compound Annual Growth Rate boosts significantly. The objective of the market research report is the current status of the market and in accordance classifies it into a few portions. The report takes into consideration the prime market players in every area from over the globe.
Our research study analyses the size of the global market of Offshore Wind in primary regions such as North America, South America, Middle East & Africa, Asia Pacific and Europe. It also classifies the Offshore Wind Market by key manufacturers, region, type and application. Furthermore, this study examines in the status of the market, market share, future trends, growth rate, competitive landscape, opportunities, market driving factors and restraints, and challenges.
To stay updated with the latest technology and functions of the industry, Crystal Market Research regularly performs interviews with several industry experts and visits for its expert research analysts. The data sources include but not limited to reports of company’s, international organizations and governments, MMI market surveys, and related industry news.
This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2017 to 2027. This report has segmented the Offshore Wind Market on the basis of fabric, product, application, and region:
By Region
- North America (US, Canada, Mexico)
- Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
- South America (Brazil, Argentina, Columbia, Rest of South America)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Turkey, Rest of MEA)
Competitive Analysis
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
- General Electric
- Vestas
- Siemens
- Goldwind
- Shanghai Electric Wind Power Equipment Co.
- ABB
- Doosan Heavy Industries and Construction
- Hitachi
- Nordex SE
- EEW
- Nexans
- DEME
- Ming Yang Smart Energy Group Co
- Envision
- Rockwell Automation
- Hyundai Motor Group
- Schneider Electric
- Zhejiang Windey Co.
- Taiyuan Heavy Industry Co.
- Sinovel
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2022-2027
Some of the key questions answered by the report are:
- What was the market size in 2017 and forecast from 2022 to 2027?
- What will be the industry market growth from 2017 to 2027?
- What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
- What are the major segments leading the market growth and why?
- Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Market Classification
· Offshore Wind Market, By Component, Estimates and Forecast, 2017-2027 ($Million)
o Turbines
o Electrical Infrastructure
o Substructure
o Others
· Offshore Wind Market, By Location, Estimates and Forecast, 2017-2027 ($Million)
o Shallow Water
o Transitional Water
o Deep Water
· Offshore Wind Market, By Capacity, Estimates and Forecast, 2017-2027 ($Million)
o Up to 3MW
o 3MW to 5MW
o Above 5MW
· Offshore Wind Market, By Key Players, Estimates and Forecast, 2017-2027 ($Million)
o General Electric
o Vestas
o Siemens
o Goldwind
o Shanghai Electric Wind Power Equipment Co.
o ABB
o Doosan Heavy Industries and Construction
o Hitachi
o Nordex SE
o EEW
o Nexans
o DEME
o Ming Yang Smart Energy Group Co
o Envision
o Rockwell Automation
o Hyundai Motor Group
o Schneider Electric
o Zhejiang Windey Co.
o Taiyuan Heavy Industry Co.
o Sinovel
· Offshore Wind Market, By Region, Estimates and Forecast, 2017-2027 ($Million)
o North America
§ North America Offshore Wind Market, By Country
o U.S. Offshore Wind Market
o Canada Offshore Wind Market
o Europe
§ Europe Offshore Wind Market, By Country
o UK Offshore Wind Market
o Germany Offshore Wind Market
o France Offshore Wind Market
o Russia Offshore Wind Market
o Italy Offshore Wind Market
o Rest of Europe Offshore Wind Market
o Asia-Pacific
§ Asia-Pacific Offshore Wind Market, By Country
o China Offshore Wind Market
o Japan Offshore Wind Market
o South Korea Offshore Wind Market
o India Offshore Wind Market
o Southeast Asia Offshore Wind Market
o Rest of Asia-Pacific Offshore Wind Market
o South America
§ South America Offshore Wind Market
o Brazil Offshore Wind Market
o Mexico Offshore Wind Market
o Columbia Offshore Wind Market
o Rest of South America Offshore Wind Market
o Middle East and Africa
§ Middle East and Africa Offshore Wind Market
o Saudi Arabia Offshore Wind Market
o UAE Offshore Wind Market
o South Africa Offshore Wind Market
o Turkey Offshore Wind Market
o Rest of MEA Offshore Wind Market
Table of Content
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Data Mining
1.2.2. Market Modeling and Forecasting
1.2.3. Data Validation
1.2.4. Industry Analysis
2. Market Dashboard
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.2.4. Challenges
4. Offshore Wind Market, By Type
4.1. Introduction
4.2. Offshore Wind Market and Market Growth Rate By Type (2017-2027)
4.3. Turbines
4.3.1. Global Turbines Market and Growth Rate (2017-2027)
4.4. Electrical Infrastructure
4.4.1. Global Electrical Infrastructure Market and Growth Rate (2017-2027)
4.5. Substructure
4.5.1. Global Substructure Market and Growth Rate (2017-2027)
4.6. Others
4.6.1. Global Others Market and Growth Rate (2017-2027)
5. Offshore Wind Market, By Location
5.1. Introduction
5.2. Offshore Wind Market and Market Growth Rate By Location (2017-2027)
5.3. Shallow Water
5.3.1. Global Shallow Water Market and Growth Rate (2017-2027)
5.4. Transitional Water
5.4.1. Global Transitional Water Market and Growth Rate (2017-2027)
5.5. Deep Water
5.5.1. Global Deep Water Market and Growth Rate (2017-2027)
6. Offshore Wind Market, By Capacity
6.1. Introduction
6.2. Offshore Wind Market and Market Growth Rate By Capacity (2017-2027)
6.3. Up to 3MW
6.3.1. Global Up to 3MW Market and Growth Rate (2017-2027)
6.4. 3MW to 5MW
6.4.1. Global 3MW to 5MW Market and Growth Rate (2017-2027)
6.5. Above 5MW
6.5.1. Global Above 5MW Market and Growth Rate (2017-2027)
7. Offshore Wind Market, By Region
7.1. Introduction
7.2. Offshore Wind Market and Growth Rate By Regions
7.3. North America
7.3.1. North America Offshore Wind Market and Growth Rate (2017-2027))
7.3.2. North America Offshore Wind Market By Type (2017-2027)
7.3.3. North America Offshore Wind Market By Application (2017-2027)
7.3.4. North America Offshore Wind Market By Country (2017-2027)
7.3.5. United States
7.3.5.1.United States Offshore Wind Market and Growth Rate (2017-2027)
7.3.5.2.United States Offshore Wind Market By Type (2017-2027)
7.3.5.3.United States Offshore Wind Market By Application (2017-2027)
7.3.6. Canada
7.3.6.1.Canada Offshore Wind Market and Growth Rate (2017-2027)
7.3.6.2.Canada Offshore Wind Market By Type (2017-2027)
7.3.6.3.Canada Offshore Wind Market By Application (2017-2027)
7.4. Europe
7.4.1. Europe Offshore Wind Market and Growth Rate (2017-2027))
7.4.2. Europe Offshore Wind Market By Type (2017-2027)
7.4.3. Europe Offshore Wind Market By Application (2017-2027)
7.4.4. Europe Offshore Wind Market By Country (2017-2027)
7.4.5. Germany
7.4.5.1.Germany Offshore Wind Market and Growth Rate (2017-2027)
7.4.5.2.Germany Offshore Wind Market By Type (2017-2027)
7.4.5.3.Germany Offshore Wind Market By Application (2017-2027)
7.4.6. France
7.4.6.1.France Offshore Wind Market and Growth Rate (2017-2027)
7.4.6.2.France Offshore Wind Market By Type (2017-2027)
7.4.6.3.France Offshore Wind Market By Application (2017-2027)
7.4.7. UK
7.4.7.1.UK Offshore Wind Market and Growth Rate (2017-2027)
7.4.7.2.UK Offshore Wind Market By Type (2017-2027)
7.4.7.3.UK Offshore Wind Market By Application (2017-2027)
7.4.8. Russia
7.4.8.1.Russia Offshore Wind Market and Growth Rate (2017-2027)
7.4.8.2.Russia Offshore Wind Market By Type (2017-2027)
7.4.8.3.Russia Offshore Wind Market By Application (2017-2027)
7.4.9. Italy
7.4.9.1.Italy Offshore Wind Market and Growth Rate (2017-2027)
7.4.9.2.Italy Offshore Wind Market By Type (2017-2027)
7.4.9.3.Italy Offshore Wind Market By Application (2017-2027)
7.4.10. Rest of Europe
7.4.10.1. Rest of Europe Offshore Wind Market and Growth Rate (2017-2027)
7.4.10.2. Rest of Europe Offshore Wind Market By Type (2017-2027)
7.4.10.3. Rest of Europe Offshore Wind Market By Application (2017-2027)
7.5. Asia-Pacific
7.5.1. Asia-Pacific Offshore Wind Market and Growth Rate (2017-2027))
7.5.2. Asia-Pacific Offshore Wind Market By Type (2017-2027)
7.5.3. Asia-Pacific Offshore Wind Market By Application (2017-2027)
7.5.4. Asia-Pacific Offshore Wind Market By Country (2017-2027)
7.5.5. China
7.5.5.1.China Offshore Wind Market and Growth Rate (2017-2027)
7.5.5.2.China Offshore Wind Market By Type (2017-2027)
7.5.5.3.China Offshore Wind Market By Application (2017-2027)
7.5.6. Japan
7.5.6.1.Japan Offshore Wind Market and Growth Rate (2017-2027)
7.5.6.2.Japan Offshore Wind Market By Type (2017-2027)
7.5.6.3.Japan Offshore Wind Market By Application (2017-2027)
7.5.7. Korea
7.5.7.1.Korea Offshore Wind Market and Growth Rate (2017-2027)
7.5.7.2.Korea Offshore Wind Market By Type (2017-2027)
7.5.7.3.Korea Offshore Wind Market By Application (2017-2027)
7.5.8. India
7.5.8.1.India Offshore Wind Market and Growth Rate (2017-2027)
7.5.8.2.India Offshore Wind Market By Type (2017-2027)
7.5.8.3.India Offshore Wind Market By Application (2017-2027)
7.5.9. Southeast Asia
7.5.9.1.Southeast Asia Offshore Wind Market and Growth Rate (2017-2027)
7.5.9.2.Southeast Asia Offshore Wind Market By Type (2017-2027)
7.5.9.3.Southeast Asia Offshore Wind Market By Application (2017-2027)
7.5.10. Rest of Asia-Pacific
7.5.10.1. Rest of Asia-Pacific Offshore Wind Market and Growth Rate (2017-2027)
7.5.10.2. Rest of Asia-Pacific Offshore Wind Market By Type (2017-2027)
7.5.10.3. Rest of Asia-Pacific Offshore Wind Market By Application (2017-2027)
7.6. South America
7.6.1. South America Offshore Wind Market and Growth Rate (2017-2027))
7.6.2. South America Offshore Wind Market By Type (2017-2027)
7.6.3. South America Offshore Wind Market By Application (2017-2027)
7.6.4. South America Offshore Wind Market By Country (2017-2027)
7.6.5. Brazil
7.6.5.1.Brazil Offshore Wind Market and Growth Rate (2017-2027)
7.6.5.2.Brazil Offshore Wind Market By Type (2017-2027)
7.6.5.3.Brazil Offshore Wind Market By Application (2017-2027)
7.6.6. Mexico
7.6.6.1.Mexico Offshore Wind Market and Growth Rate (2017-2027)
7.6.6.2.Mexico Offshore Wind Market By Type (2017-2027)
7.6.6.3.Mexico Offshore Wind Market By Application (2017-2027)
7.6.7. Columbia
7.6.7.1.Columbia Offshore Wind Market and Growth Rate (2017-2027)
7.6.7.2.Columbia Offshore Wind Market By Type (2017-2027)
7.6.7.3.Columbia Offshore Wind Market By Application (2017-2027)
7.6.8. Rest of South America
7.6.8.1.Rest of South America Offshore Wind Market and Growth Rate (2017-2027)
7.6.8.2.Rest of South America Offshore Wind Market By Type (2017-2027)
7.6.8.3.Rest of South America Offshore Wind Market By Application (2017-2027)
7.7. Middle East and Africa
7.7.1. Middle East and Africa Offshore Wind Market and Growth Rate (2017-2027))
7.7.2. Middle East and Africa Offshore Wind Market By Type (2017-2027)
7.7.3. Middle East and Africa Offshore Wind Market By Application (2017-2027)
7.7.4. Middle East and Africa Offshore Wind Market By Country (2017-2027)
7.7.5. Saudi Arabia
7.7.5.1.Saudi Arabia Offshore Wind Market and Growth Rate (2017-2027)
7.7.5.2.Saudi Arabia Offshore Wind Market By Type (2017-2027)
7.7.5.3.Saudi Arabia Offshore Wind Market By Application (2017-2027)
7.7.6. United Arab Emirates
7.7.6.1.United Arab Emirates Offshore Wind Market and Growth Rate (2017-2027)
7.7.6.2.United Arab Emirates Offshore Wind Market By Type (2017-2027)
7.7.6.3.United Arab Emirates Offshore Wind Market By Application (2017-2027)
7.7.7. South Africa
7.7.7.1.South Africa Offshore Wind Market and Growth Rate (2017-2027)
7.7.7.2.South Africa Offshore Wind Market By Type (2017-2027)
7.7.7.3.South Africa Offshore Wind Market By Application (2017-2027)
7.7.8. Rest of Middle East and Africa
7.7.8.1.Rest of Middle East and Africa Offshore Wind Market and Growth Rate (2017-2027)
7.7.8.2.Rest of Middle East and Africa Offshore Wind Market By Type (2017-2027)
7.7.8.3.Rest of Middle East and Africa Offshore Wind Market By Application (2017-2027)
8. Company Profiles
8.1. General Electric
8.1.1. Business Overview
8.1.2. Service Portfolio
8.1.3. Strategic Developments
8.1.4. Financial Overview
8.2. Vestas
8.2.1. Business Overview
8.2.2. Service Portfolio
8.2.3. Strategic Developments
8.2.4. Financial Overview
8.3. Siemens
8.3.1. Business Overview
8.3.2. Service Portfolio
8.3.3. Strategic Developments
8.3.4. Financial Overview
8.4. Goldwind
8.4.1. Business Overview
8.4.2. Service Portfolio
8.4.3. Strategic Developments
8.4.4. Financial Overview
8.5. Shanghai Electric Wind Power Equipment Co.
8.5.1. Business Overview
8.5.2. Service Portfolio
8.5.3. Strategic Developments
8.5.4. Financial Overview
8.6. ABB
8.6.1. Business Overview
8.6.2. Service Portfolio
8.6.3. Strategic Developments
8.6.4. Financial Overview
8.7. Doosan Heavy Industries and Construction
8.7.1. Business Overview
8.7.2. Service Portfolio
8.7.3. Strategic Developments
8.7.4. Financial Overview
8.8. Hitachi
8.8.1. Business Overview
8.8.2. Service Portfolio
8.8.3. Strategic Developments
8.8.4. Financial Overview
8.9. Nordex SE
8.9.1. Business Overview
8.9.2. Service Portfolio
8.9.3. Strategic Developments
8.9.4. Financial Overview
8.10. EEW
8.10.1. Business Overview
8.10.2. Service Portfolio
8.10.3. Strategic Developments
8.10.4. Financial Overview
8.11. Nexans
8.11.1. Business Overview
8.11.2. Service Portfolio
8.11.3. Strategic Developments
8.11.4. Financial Overview
8.12. DEME
8.12.1. Business Overview
8.12.2. Service Portfolio
8.12.3. Strategic Developments
8.12.4. Financial Overview
8.13. Ming Yang Smart Energy Group Co
8.13.1. Business Overview
8.13.2. Service Portfolio
8.13.3. Strategic Developments
8.13.4. Financial Overview
8.14. Envision
8.14.1. Business Overview
8.14.2. Service Portfolio
8.14.3. Strategic Developments
8.14.4. Financial Overview
8.15. Rockwell Automation
8.15.1. Business Overview
8.15.2. Service Portfolio
8.15.3. Strategic Developments
8.15.4. Financial Overview
8.16. Hyundai Motor Group
8.16.1. Business Overview
8.16.2. Service Portfolio
8.16.3. Strategic Developments
8.16.4. Financial Overview
8.17. Schneider Electric
8.17.1. Business Overview
8.17.2. Service Portfolio
8.17.3. Strategic Developments
8.17.4. Financial Overview
8.18. Zhejiang Windey Co.
8.18.1. Business Overview
8.18.2. Service Portfolio
8.18.3. Strategic Developments
8.18.4. Financial Overview
8.19. Taiyuan Heavy Industry Co.
8.19.1. Business Overview
8.19.2. Service Portfolio
8.19.3. Strategic Developments
8.19.4. Financial Overview
8.20. Sinovel
8.20.1. Business Overview
8.20.2. Service Portfolio
8.20.3. Strategic Developments
8.20.4. Financial Overview
List of Tables
Figure United States Offshore Wind Revenue (Million USD) and Growth Rate (2017-2027)
Figure Canada Offshore Wind Revenue (Million USD) and Growth Rate (2017-2027)
Figure Germany Offshore Wind Revenue (Million USD) and Growth Rate (2017-2027)
Figure France Offshore Wind Revenue (Million USD) and Growth Rate (2017-2027)
Figure UK Offshore Wind Revenue (Million USD) and Growth Rate (2017-2027)
Figure Russia Offshore Wind Revenue (Million USD) and Growth Rate (2017-2027)
Figure Italy Offshore Wind Revenue (Million USD) and Growth Rate (2017-2027)
Figure Rest of Europe Offshore Wind Revenue (Million USD) and Growth Rate (2017-2027)
Figure China Offshore Wind Revenue (Million USD) and Growth Rate (2017-2027)
Figure Japan Offshore Wind Revenue (Million USD) and Growth Rate (2017-2027)
Figure Korea Offshore Wind Revenue (Million USD) and Growth Rate (2017-2027)
Figure India Offshore Wind Revenue (Million USD) and Growth Rate (2017-2027)
Figure Southeast Asia Offshore Wind Revenue (Million USD) and Growth Rate (2017-2027)
Figure Rest of Asia-Pacific Offshore Wind Revenue (Million USD) and Growth Rate (2017-2027)
Figure Brazil Offshore Wind Revenue (Million USD) and Growth Rate (2017-2027)
Figure Mexico Offshore Wind Revenue (Million USD) and Growth Rate (2017-2027)
Figure Columbia Offshore Wind Revenue (Million USD) and Growth Rate (2017-2027)
Figure Rest of South America Offshore Wind Revenue (Million USD) and Growth Rate (2017-2027)
Figure Saudi Arabia Offshore Wind Revenue (Million USD) and Growth Rate (2017-2027)
Figure United Arab Emirates Offshore Wind Revenue (Million USD) and Growth Rate (2017-2027)
Figure South Africa Offshore Wind Revenue (Million USD) and Growth Rate (2017-2027)
Figure Rest of Middle East and Africa Offshore Wind Revenue (Million USD) and Growth Rate (2017-2027)
Table Offshore Wind Market and Market Share by Type (2017-2027)
Figure Turbines Market and Growth Rate (2017-2027)
Figure Electrical Infrastructure Market and Growth Rate (2017-2027)
Figure Substructure Market and Growth Rate (2017-2027)
Figure Others Market and Growth Rate (2017-2027)
Table Offshore Wind Market and Market Share by Location (2017-2027)
Figure Shallow Water Market and Growth Rate (2017-2027)
Figure Transitional Water Market and Growth Rate (2017-2027)
Figure Deep Water Market and Growth Rate (2017-2027)
Table Offshore Wind Market and Market Share by Capacity (2017-2027)
Figure Up to 3MW Market and Growth Rate (2017-2027)
Figure 3MW to 5MW Market and Growth Rate (2017-2027)
Figure Above 5MW Market and Growth Rate (2017-2027)
Table Offshore Wind Market by Regions (2017-2027)
Figure North America Offshore Wind Growth Rate (2017-2027)
Figure North America Offshore Wind Market and Growth Rate (2017-2027)
Figure North America Offshore Wind by Country (2017-2027)
Figure North America Offshore Wind Revenue (Million USD) by Country (2017-2027)
Figure United States Offshore Wind Growth Rate (2017-2027)
Figure United States Offshore Wind Revenue (Millions USD) and Growth Rate (2017-2027)
Figure Canada Offshore Wind Growth Rate (2017-2027)
Figure Canada Offshore Wind Revenue (Millions USD) and Growth Rate (2017-2027)
Figure Europe Offshore Wind Growth Rate (2017-2027)
Figure Europe Offshore Wind Market and Growth Rate (2017-2027)
Figure Europe Offshore Wind by Country (2017-2027)
Figure Europe Offshore Wind Revenue (Million USD) by Country (2017-2027)
Figure Germany Offshore Wind Growth Rate (2017-2027)
Figure Germany Offshore Wind Revenue (Millions USD) and Growth Rate (2017-2027)
Figure France Offshore Wind Growth Rate (2017-2027)
Figure France Offshore Wind Revenue (Millions USD) and Growth Rate (2017-2027)
Figure UK Offshore Wind Growth Rate (2017-2027)
Figure UK Offshore Wind Revenue (Millions USD) and Growth Rate (2017-2027)
Figure Russia Offshore Wind Growth Rate (2017-2027)
Figure Russia Offshore Wind Revenue (Millions USD) and Growth Rate (2017-2027)
Figure Italy Offshore Wind Growth Rate (2017-2027)
Figure Italy Offshore Wind Revenue (Millions USD) and Growth Rate (2017-2027)
Figure Rest of Europe Offshore Wind Growth Rate (2017-2027)
Figure Rest of Europe Offshore Wind Revenue (Millions USD) and Growth Rate (2017-2027)
Figure Asia-Pacific Offshore Wind Growth Rate (2017-2027)
Figure Asia-Pacific Offshore Wind Market and Growth Rate (2017-2027)
Figure Asia-Pacific Offshore Wind by Country (2017-2027)
Figure Asia-Pacific Offshore Wind Revenue (Million USD) by Country (2017-2027)
Figure China Offshore Wind Growth Rate (2017-2027)
Figure China Offshore Wind Revenue (Millions USD) and Growth Rate (2017-2027)
Figure Japan Offshore Wind Growth Rate (2017-2027)
Figure Japan Offshore Wind Revenue (Millions USD) and Growth Rate (2017-2027)
Figure Korea Offshore Wind Growth Rate (2017-2027)
Figure Korea Offshore Wind Revenue (Millions USD) and Growth Rate (2017-2027)
Figure India Offshore Wind Growth Rate (2017-2027)
Figure India Offshore Wind Revenue (Millions USD) and Growth Rate (2017-2027)
Figure Southeast Asia Offshore Wind Growth Rate (2017-2027)
Figure Southeast Asia Offshore Wind Revenue (Millions USD) and Growth Rate (2017-2027)
Figure Rest of Asia-Pacific Offshore Wind Growth Rate (2017-2027)
Figure Rest of Asia-Pacific Offshore Wind Revenue (Millions USD) and Growth Rate (2017-2027)
Figure South America Offshore Wind Growth Rate (2017-2027)
Figure South America Offshore Wind Market and Growth Rate (2017-2027)
Figure South America Offshore Wind by Country (2017-2027)
Figure South America Offshore Wind Revenue (Million USD) by Country (2017-2027)
Figure Brazil Offshore Wind Growth Rate (2017-2027)
Figure Brazil Offshore Wind Revenue (Millions USD) and Growth Rate (2017-2027)
Figure Mexico Offshore Wind Growth Rate (2017-2027)
Figure Mexico Offshore Wind Revenue (Millions USD) and Growth Rate (2017-2027)
Figure Columbia Offshore Wind Growth Rate (2017-2027)
Figure Columbia Offshore Wind Revenue (Millions USD) and Growth Rate (2017-2027)
Figure Rest of South America Offshore Wind Growth Rate (2017-2027)
Figure Rest of South America Offshore Wind Revenue (Millions USD) and Growth Rate (2017-2027)
Figure Middle East and Africa Offshore Wind Growth Rate (2017-2027)
Figure Middle East and Africa Offshore Wind Market and Growth Rate (2017-2027)
Figure Middle East and Africa Offshore Wind by Country (2017-2027)
Figure Middle East and Africa Offshore Wind Revenue (Million USD) by Country (2017-2027)
Figure Saudi Arabia Offshore Wind Growth Rate (2017-2027)
Figure Saudi Arabia Offshore Wind Revenue (Millions USD) and Growth Rate (2017-2027)
Figure United Arab Emirates Offshore Wind Growth Rate (2017-2027)
Figure United Arab Emirates Offshore Wind Revenue (Millions USD) and Growth Rate (2017-2027)
Figure South Africa Offshore Wind Growth Rate (2017-2027)
Figure South Africa Offshore Wind Revenue (Millions USD) and Growth Rate (2017-2027)
Figure Rest of Middle East and Africa Offshore Wind Growth Rate (2017-2027)
Figure Rest of Middle East and Africa Offshore Wind Revenue (Millions USD) and Growth Rate (2017-2027)
Table General Electric Offshore Wind Financial Overview
Table Vestas Offshore Wind Financial Overview
Table Siemens Offshore Wind Financial Overview
Table Goldwind Offshore Wind Financial Overview
Table Shanghai Electric Wind Power Equipment Co. Offshore Wind Financial Overview
Table ABB Offshore Wind Financial Overview
Table Doosan Heavy Industries and Construction Offshore Wind Financial Overview
Table Hitachi Offshore Wind Financial Overview
Table Nordex SE Offshore Wind Financial Overview
Table EEW Offshore Wind Financial Overview
Table Nexans Offshore Wind Financial Overview
Table DEME Offshore Wind Financial Overview
Table Ming Yang Smart Energy Group Co Offshore Wind Financial Overview
Table Envision Offshore Wind Financial Overview
Table Rockwell Automation Offshore Wind Financial Overview
Table Hyundai Motor Group Offshore Wind Financial Overview
Table Schneider Electric Offshore Wind Financial Overview
Table Zhejiang Windey Co. Offshore Wind Financial Overview
Table Taiyuan Heavy Industry Co. Offshore Wind Financial Overview
Table Sinovel Offshore Wind Financial Overview
Figure Offshore Wind Revenue (Millions USD) and Growth Rate (2021-2027)
Table Offshore Wind Market Forecast by Regions (2021-2027)
Figure Offshore Wind Forecast by Type (2021-2027)
Figure Offshore Wind Market Share Forecast by Type (2021-2027)
Figure Offshore Wind Forecast by Type (2021-2027)
Figure Offshore Wind Forecast by Location (2021-2027)
Figure Offshore Wind Market Share Forecast by Location (2021-2027)
Figure Offshore Wind Forecast by Location (2021-2027)
Figure Offshore Wind Forecast by Capacity (2021-2027)
Figure Offshore Wind Market Share Forecast by Capacity (2021-2027)
Figure Offshore Wind Forecast by Capacity (2021-2027)
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
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Data Collection Matrix |
Supply Side |
Demand Side |
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Primary Data Sources |
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Secondary Data Sources |
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Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
- Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
- Number of patients for particular device or medical procedure and
- Repeated use of particular device depending on health and condition of patient
- Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
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Qualitative Data |
Quantitative Data (2017-2025) |
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