Florida, February 15, 2018: The scope of the report includes a detailed study of global and regional markets for Offshore Wind Energy with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include China Ming Yang Wind Power, Nordex, Suzlon, Dong Energy, Sinovel Win, GE Wind Energy, Gamesa, Vestas, and Siemens. Company profile includes assign such as company summary, financial summary,business strategy and planning, SWOT analysis and current developments.
The offshore wind energy market is expected to exceed more than 52,000.0 MW by 2022; Growing at a CAGR of more than 25% in the given forecast period.
The offshore wind energy market’s geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil and GCC countries.
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This report provides:
1) An overview of the global market for offshore wind energy and related technologies.
2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2022.
3) Identifications of new market opportunities and targeted promotional plans for offshore wind energy.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
The major driving factors of offshore wind energy market are as follows:
1) Various advantages over its onshore counterpart is considerably bolstering capability additions in the offshore wind segment.
2) Conducive inducement mechanisms and regulative frameworks for the offshore wind energy sector growing investments and fast capacity additions.
3) Rising consumption of project financing in offshore wind energy projects is projected to raise investor confidence and speed up capacity additions.
The restraining factors of offshore wind energy market are as follows:
1) High capital costs related with the project are hampering quick capacity additions.
2) Presences of bottleneck in the supply chain hinder brisk project expansion activities in the offshore segment.
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Table of Contents
2 Executive Summary
3 Offshore Wind Energy Market – Industry Analysis
3.2 Value Chain Analysis: Offshore Wind Energy Market
3.3 Market Drivers
3.3.1 Numerous Advantages Over Its Onshore Counterpart Is Significantly Bolstering Capacity Additions In The Offshore Wind Sector
22.214.171.124 Cumulative Installed Capacity for Onshore and Offshore Wind Power, 2007 – 2013 (MW)
3.3.2 Conducive Incentive Mechanisms And Regulatory Frameworks For The Offshore Wind Energy Sector Increasing Investments And Accelerating Capacity Additions
3.3.3 Increasing Utilization Of Project Financing In Offshore Wind Energy Projects Is Expected To Increase Investor Confidence And Speed Up Capacity Additions
3.4 Market Restraints
3.4.1 Higher Capital Costs Associated With Projects Are Hampering Brisk Capacity Additions
3.4.2 Presence Of Bottlenecks In The Supply Chain Hampers Brisk Project Development Activities In The Offshore Sector
3.5 Market Opportunities
3.5.1 New Offshore Projects Using Floating Wind Turbines Are Expected To Result In A Spurt Of Project Development Activities In Deepwater Locations
3.6 Porter’s five forces analysis: Offshore Wind Energy Market
3.6.1 Bargaining power of suppliers
3.6.2 Bargaining power of buyers
3.6.3 Threat from new entrants
3.6.4 Degree of competition
3.6.5 Threat from substitutes
3.7 Offshore Wind Energy Sector – Deal Analysis
3.7.1 Vestas Wind Systems A/S (Vestas) and Mitsubishi Heavy Industries Ltd. (MHI) Joint Venture
3.7.2 Areva S.A and Gamesa Corporación Tecnológica (Gamesa) Joint Venture
3.7.3 Siemens AG acquisition of A2SEA A/S
3.8 Offshore Wind Energy Sector – Capital Cost Analysis
3.8.1 Conceptualization Costs
126.96.36.199 Global Offshore Wind Energy Market, Conceptualization Cost Breakdown, By Cost Component, 2014
3.8.2 Wind Turbine Costs
188.8.131.52 Global Offshore Wind Energy Market, Wind Turbine Cost Breakdown, By Cost Component, 2014
3.8.3 Balance of Plant Costs
184.108.40.206 Global Offshore Wind Energy Market, Balance of Plant Cost Breakdown, By Cost Component, 2014
3.8.4 Installation Costs
220.127.116.11 Global Offshore Wind Energy Market, Installation Cost Breakdown, By Cost Component, 2014
3.8.5 Total Lifetime Costs
18.104.22.168 Global Offshore Wind Energy Market, Total Lifetime Cost Breakdown, By Cost Component, 2014
3.9 Offshore Wind Energy Sector – Cost Reduction Opportunity Analysis
3.9.1 Turbine Cost
22.214.171.124 Global Offshore Wind Energy Market, Turbine Cost Reduction Opportunities, By Reduction Factors, 2014
126.96.36.199 Global Offshore Wind Energy Market, Turbine Cost Reduction Possibilities, By Percentage Reduction & Probability, 2014
188.8.131.52 Europe Offshore Wind Energy Market, Average Installed Turbine Size, By Capacity per Turbine, 2000 – 2013
3.9.2 Foundation Costs
184.108.40.206 Global Offshore Wind Energy Market, Foundation Cost Reduction Opportunities, By Reduction Factors, 2014
220.127.116.11 Global Offshore Wind Energy Market, Foundation Cost Reduction Possibilities, By Percentage Reduction & Probability, 2014
3.9.3 Grid Connection Costs
18.104.22.168 Global Offshore Wind Energy Market, Grid Connection Cost Reduction Possibilities, By Percentage Reduction & Probability, 2014
3.9.4 Installation Costs
22.214.171.124 Global Offshore Wind Energy Market, Installation Cost Reduction Opportunities, By Reduction Factors, 2014
126.96.36.199 Global Offshore Wind Energy Market, Installation Cost Reduction Possibilities, By Percentage Reduction & Probability, 2014
3.10 Market Attractiveness Analysis
3.10.1 Market Attractiveness Analysis of Global Offshore Wind Energy Market, by Region, 2013
4 Offshore Wind Energy Market: Regional Analysis
5 Company Profiles
5.1 Siemens Wind Power
5.2 Vestas Wind Systems A/S
5.3 Goldwind Science and Technology Co., Ltd.
5.4 Gamesa Corporacion Tecnologica SA
5.5 GE Wind Energy
5.6 Sinovel Wind Group Co., Ltd.
5.7 Dong Energy A/S
5.8 Suzlon Group
5.9 Nordex SE
5.10 China Ming Yang Wind Power Group Limited
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