Global Offshore Wind Power Industry Insights and 2019 Forecast Report
Global Offshore Wind Power Market 2015-2019 is the latest addition to Sandlerresearch.org industry research reports collection.
Offshore wind power is the generation of electricity from wind by constructing wind farms in water bodies. It is estimated to be one of the cheapest and cleanest forms of electricity generation. Offshore wind turbines are larger in size and have greater wind speed compared with onshore wind turbines. Offshore wind power offers various advantages compared with onshore wind power.
Analysts forecast the Global Offshore Wind Power market to grow at a CAGR of 17.5 percent (by Revenue) over the period 2014-2019.
Global Offshore Wind Power Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Offshore Wind Power forecast and its growth prospects in the coming years. The report also includes the segmentation on the basis of Foundation Type and Geography. The report also includes a discussion of the key vendors operating in this market.
The report recognizes the following companies as the key players in the Global Offshore Wind Power Market: GE Energy, Senvion SE, Siemens, Sinovel Wind Group and Vestas A/S.
The increased fiscal benefit provided by the installation of offshore wind power is a major trend in the market. One of the major fiscal benefits that offshore wind power investors and turbine manufacturers can avail is the FiT, which is a policy designed by several governments to encourage investment in technology related to renewable energy generation.
According to the report, increased environmental concerns are one of the key drivers of this market. The relatively environmentally friendly nature of offshore wind power will positively impact the growth of this market. Offshore wind power generation leaves a remarkably small carbon footprint. Carbon emissions associated with offshore wind power operations are zero. Emissions are emitted in the manufacturing processes related to various offshore wind power components.
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Key Regions
- America
- APAC
- EMEA
Key Vendors
- GE Energy
- Senvion SE
- Siemens
- Sinovel Wind Group
- Vestas
Other Prominent Vendors
- Alstom
- Areva SA
- Clipper Windpower
- Doosan Heavy Industries & Construction
- Gamesa Technology
- Goldwind Science & Technology
- Hyosung Power and Industrial Systems Performance Group
- Hyundai Heavy Industries
- Mitsubishi Heavy Industries
- Nordex SE
- Samsung Heavy Industries
- Sinovel Wind Group
- STX Windpower
- XEMC?Darwind
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Market Driver
- Favourable Government Policies and Higher Return on Investment
Market Challenge
- Need of Huge Investments
Market Trend
- Increase in Fiscal Benefits
Key Questions Answered in this Report
- What will the market size be in 2019 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?
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