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Global Offshore Wind Turbine Market 2017-2021

Published By :

Technavio

Published Date : Aug 2017

Category :

Power

No. of Pages : 73 Pages

About Offshore Wind Turbine
Offshore wind power or wind energy is the use of offshore constructed wind farms, usually on the continental shelf, to harvest wind energy and convert it into electrical energy. This electrical energy is transferred to an electrical grid and then to commercial and residential areas. Power generated from wind is one of the cleanest sources of power generation. The existing energy in the wind turns the turbine blades around the rotor, which is coupled to the main shaft that rotates the generator to produce electricity. Conventional power generation is slowly losing its sheen owing to growing environmental awareness. Renewable energy sources, such as wind and solar, have gained popularity worldwide.

Technavios analysts forecast the global offshore wind turbine market to grow at a CAGR of 20% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global offshore wind turbine market for 2017-2021. To calculate the market size, the report considers the new installations and exclude the retrofit/spares market.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Offshore Wind Turbine Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
ADWEN,
MHI Vestas Offshore Wind,
Senvion,
Siemens Wind Power
Other prominent vendors
AREVA WIND
Clipper Windpower
Doosan
Gamesa
GENERAL ELECTRIC
Samsung Heavy Industries
Sinovel Wind Group
Market driver
Government support for wind energy projects
For a full, detailed list, view our report

Market challenge
Competition from fossil fuels
For a full, detailed list, view our report

Market trend
Reduction in cost for wind energy
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
Wind turbine technology value chain
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by substructures
Global offshore wind turbine market by substructures
Global offshore wind turbine market by monopile substructure segment
Global offshore wind turbine market by gravity foundation substructure segment
PART 07: Geographical segmentation
Global offshore wind turbine market by geography
Offshore wind turbine market in EMEA
Offshore wind turbine market in APAC
Offshore wind turbine market in the Americas
PART 08: Decision framework
PART 09: Drivers and challenges
Market drivers
Market challenges
PART 10: Market trends
Reduction in cost for wind energy
Rise in patent filings
R&D in direct drive generators
PART 11: Vendor landscape
Competitive scenario
Other prominent vendors
PART 12: Key vendor analysis
ADWEN
MHI Vestas Offshore Wind
Senvion
Siemens Wind Power
PART 13: Appendix
List of abbreviations
List of Exhibits
Exhibit 01: Overall wind installation growth rate by region
Exhibit 02: Cost breakdown of wind turbine components (%)
Exhibit 03: Wind turbine components
Exhibit 04: Applications of CMS
Exhibit 05: Wind turbine value chain
Exhibit 06: Global offshore wind turbine market segmentation
Exhibit 07: Global offshore wind turbine market 2016-2021 (MW)
Exhibit 08: Five forces analysis
Exhibit 09: Global offshore wind turbine market by substructures 2016 and 2021 (%)
Exhibit 10: Global offshore wind turbine market by substructures 2016-2021 (MW)
Exhibit 11: Global offshore wind turbine market by monopile substructure segment 2016-2021 (MW)
Exhibit 12: Global offshore wind turbine market by gravity foundation substructure segment 2016-2021 (MW)
Exhibit 13: Global offshore wind turbine market by geography 2016 and 2021 (%)
Exhibit 14: Global offshore wind turbine market by geography 2016-2021 (MW)
Exhibit 15: Offshore wind turbine market in EMEA 2016-2021 (MW)
Exhibit 16: Germany wind power capacity 2010-2016 (MW)
Exhibit 17: UK wind power capacity 2010-2016 (MW)
Exhibit 18: Offshore wind turbine market in APAC 2016-2021 (MW)
Exhibit 19: Offshore wind turbine market in the Americas 2016-2021 (MW)
Exhibit 20: New wind installation targets by 2020 (%)
Exhibit 21: Global wind power installation 2016 (MW)
Exhibit 22: Global cumulative offshore wind power installation 2016 (MW)
Exhibit 23: Global cumulative offshore wind installation capacity 2006-2016 (MW)
Exhibit 24: Indexed global offshore wind installed cost 2000-2016
Exhibit 25: Component malfunction leading to wind turbine failure (%)
Exhibit 26: Typical offshore and onshore wind energy cost assessment 2016 ($ per MWh)
Exhibit 27: Patent filings in offshore wind turbines 2001-2015 (%)
Exhibit 28: Cumulative patent filings in offshore wind turbines 2000-2013
Exhibit 29: Other prominent vendors: Global offshore wind turbine market
Exhibit 30: ADWEN: Key products
Exhibit 31: MHI Vestas Offshore Wind: Key products
Exhibit 32: Senvion: Key products
Exhibit 33: Siemens Wind Power: Key products

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