Offshore Wind industry analysis is covered in this latest
research report that aims to help those taking daily business decisions by
providing market trends information, competitive landscape scenario, forecasts
and more.
Endorsing its dominance in Europe, offshore
wind market has generated quite an appreciable momentum on a global scale over
the recent years. As per the records, in 2016, 88% of the overall offshore wind
installations were located across ten European countries and the remaining 12%
installations were spread across the U.S., China, Japan, and South Korea belt.
This massive expansion of offshore wind power can certainly be credited to the
rising emphasis of both the private and the government entities on energy
optimization.
The
recently recorded price trends of the offshore wind have indeed led to a
dynamic revolution in the global landscape. The Dutch tender for Borssele 1
&2 in June 2016 marked this transformation era with a valuation of €72/MWh.
This was trailed by a Danish tender worth €64/MWh. November and December 2016
further registered these developments with tenders of €49.90/MWh and €54.50/MWh
by Danish Krieger’s Flak project and Netherlands Borssele 3 & 4
respectively.
Furthermore,
the increasing urbanization and economic developments which have subsequently
boosted the electricity demand is also playing a major role in fueling offshore
wind market trends. Countries are treading toward the deployment of the
renewable energy sources to fulfill their energy needs and meet the
sustainability standards. Sources claim that by 2020, 8-10% of UK’s electricity
demand will be addressed by offshore wind.
Not
only the European belt but the other regions as well are actively deploying
offshore wind to meet the energy and sustainability standards. Below is the
synopsis of offshore wind market on a global scale:
•
The
U.S. offshore wind market is projected to register substantial gains through
2024, driven by the strong government initiatives to meet the clean energy
demands. The country entered the offshore wind industry space profoundly post
completing its first offshore wind farm of 30 MW capacity in 2016.
•
In
2017, the government of Germany in collaboration with the government of Denmark
and Belgium stated to integrate 60 GW offshore capacity by 2027. With such
favorable regulatory framework and the declining component costs, Germany
offshore wind industry is poised to witness remarkable gains over 2017-2024.
•
Netherlands
offshore wind market is further slated to record remarkable gains over the
coming six years, driven by the strict regulations to meet the energy demand.
The country established its largest offshore farm across North Sea with a
capacity to produce 2.6 TWh of clean energy annually.
•
China
offshore wind industry is set to exceed a capacity target of 12 GW by 2024,
driven by strict targets pertaining to clean energy consumption and generation.
Given
the developments pertaining to the global offshore wind market, this business
space is ought to witness a fiercely competitive landscape over the years
ahead. Global Market Insights, Inc. estimates offshore wind market to exceed a
capacity of 60 GW by 2024. Some of the renowned names in this industry include
Siemens, Senvion, Adwen, Sinovel, MHI Vestas, and Doosan Heavy Industries &
Construction.
Browse key industry insights spread across 240
pages with 168 market data tables & 9 figures & charts from this report
Offshore Wind Market in detail along with the
table of contents at:
Report Content
1.1 Research
Methodology
1.1.1 Initial data
exploration
1.1.2 Statistical
model and forecast
1.1.3 Industry
insights and validation
1.1.4 Scope and
assumptions
1.2 Data Sources
1.2.1 Primary
1.2.2 Secondary
Chapter 2 Executive Summary
2.1 Offshore Wind
industry 3600 synopsis, 2013 - 2024
2.1.1 Business trends
2.1.2 Process trends
2.1.3 Product trends
2.1.4 Shelf life
trends
2.1.5 Regional trends
Chapter 3 Offshore Wind Industry Insights
3.1 Industry
segmentation
3.2 Industry size
& forecast, 2013 – 2024
3.3 Industry ecosystem
analysis
3.3.1 Vendor matrix
3.4 Technology &
innovation landscape
3.5 Regulatory
landscape
3.5.1 U.S.
3.5.2 China
3.6 Industry impact
forces
3.6.1 Growth drivers
3.6.1.1 Increasing adoption
of solar panels
3.6.1.2 Government
regulations
3.6.1.3 Effective disposal
of solar panels
3.6.1.4 Untapped potential
3.6.2 Industry
pitfalls & challenges
3.6.2.1 Expensive technology
3.7 Growth potential
analysis
3.8 Porter’s analysis
3.9 Competitive
landscape, 2015
3.9.1
Strategy dashboard
3.10 PESTEL analysis
This
latest Offshore Wind Market
research report offers in-depth analysis, key industry insights, market sizing
& forecast on a granular level for key products, applications across number
of regional markets. The report also analyzes the Offshore Wind industry from business strategy perspective,
describing in detail growth drivers, pitfalls &challenges for participants,
accompanied by a detailed competitive benchmarking including company market
share analysis and detailed business profiles.
Reasons to Buy This Report
·
Global
Offshore Wind Market size &
forecast by product & application.
·
Growth
drivers, pitfalls & industry challenges.
·
Key
Offshore Wind Market growth
opportunities & emerging business models.
·
Competitive
benchmarking with market share analysis and company profiles.
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