Offshore Wind Energy Market Size, Share, and Trends 2024 to 2034

The global offshore wind energy market size was USD 33 billion in 2023, calculated at USD 39.14 billion in 2024 and is expected to reach around USD 215.5 billion by 2034, expanding at a CAGR of 18.6% from 2024 to 2034.

  • Last Updated : August 2024
  • Report Code : 1677
  • Category : Energy and Power

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Offshore Wind Energy Market 

5.1. COVID-19 Landscape: Offshore Wind Energy Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Offshore Wind Energy Market, By Components

8.1. Offshore Wind Energy Market, by Components Type, 2024-2034

8.1.1. Turbines

8.1.1.1. Market Revenue and Forecast (2021-2034)

8.1.2. Electrical infrastructure

8.1.2.1. Market Revenue and Forecast (2021-2034)

8.1.3. Support Structure

8.1.3.1. Market Revenue and Forecast (2021-2034)

Chapter 9. Global Offshore Wind Energy Market, By Location

9.1. Offshore Wind Energy Market, by Location, 2024-2034

9.1.1. Shallow Water

9.1.1.1. Market Revenue and Forecast (2021-2034)

9.1.2. Transitional Water

9.1.2.1. Market Revenue and Forecast (2021-2034)

9.1.3. Deep Water

9.1.3.1. Market Revenue and Forecast (2021-2034)

Chapter 10. Global Offshore Wind Energy Market, By Depth Type 

10.1. Offshore Wind Energy Market, by Depth Type, 2024-2034

10.1.1. 0 to ≤ 30 m

10.1.1.1. Market Revenue and Forecast (2021-2034)

10.1.2. 30 to ≤ 50 m

10.1.2.1. Market Revenue and Forecast (2021-2034)

10.1.3. 50 m

10.1.3.1. Market Revenue and Forecast (2021-2034)

Chapter 11. Global Offshore Wind Energy Market, By Capacity Type 

11.1. Offshore Wind Energy Market, by Capacity Type, 2024-2034

11.1.1. Up to 3MW

11.1.1.1. Market Revenue and Forecast (2021-2034)

11.1.2. 3MW to 5MW

11.1.2.1. Market Revenue and Forecast (2021-2034)

11.1.3. Above 5MW

11.1.3.1. Market Revenue and Forecast (2021-2034)

Chapter 12. Global Offshore Wind Energy Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Components (2021-2034)

12.1.2. Market Revenue and Forecast, by Location (2021-2034)

12.1.3. Market Revenue and Forecast, by Depth Type (2021-2034)

12.1.4. Market Revenue and Forecast, by Capacity Type (2021-2034)

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Components (2021-2034)

12.1.5.2. Market Revenue and Forecast, by Location (2021-2034)

12.1.5.3. Market Revenue and Forecast, by Depth Type (2021-2034)

12.1.5.4. Market Revenue and Forecast, by Capacity Type (2021-2034)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Components (2021-2034)

12.1.6.2. Market Revenue and Forecast, by Location (2021-2034)

12.1.6.3. Market Revenue and Forecast, by Depth Type (2021-2034)

12.1.6.4. Market Revenue and Forecast, by Capacity Type (2021-2034)

12.2. Europe

12.2.1. Market Revenue and Forecast, by Components (2021-2034)

12.2.2. Market Revenue and Forecast, by Location (2021-2034)

12.2.3. Market Revenue and Forecast, by Depth Type (2021-2034)

12.2.4. Market Revenue and Forecast, by Capacity Type (2021-2034)

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Components (2021-2034)

12.2.5.2. Market Revenue and Forecast, by Location (2021-2034)

12.2.5.3. Market Revenue and Forecast, by Depth Type (2021-2034)

12.2.5.4. Market Revenue and Forecast, by Capacity Type (2021-2034)

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Components (2021-2034)

12.2.6.2. Market Revenue and Forecast, by Location (2021-2034)

12.2.6.3. Market Revenue and Forecast, by Depth Type (2021-2034)

12.2.6.4. Market Revenue and Forecast, by Capacity Type (2021-2034)

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Components (2021-2034)

12.2.7.2. Market Revenue and Forecast, by Location (2021-2034)

12.2.7.3. Market Revenue and Forecast, by Depth Type (2021-2034)

12.2.7.4. Market Revenue and Forecast, by Capacity Type (2021-2034)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Components (2021-2034)

12.2.8.2. Market Revenue and Forecast, by Location (2021-2034)

12.2.8.3. Market Revenue and Forecast, by Depth Type (2021-2034)

12.2.8.4. Market Revenue and Forecast, by Capacity Type (2021-2034)

12.3. APAC

12.3.1. Market Revenue and Forecast, by Components (2021-2034)

12.3.2. Market Revenue and Forecast, by Location (2021-2034)

12.3.3. Market Revenue and Forecast, by Depth Type (2021-2034)

12.3.4. Market Revenue and Forecast, by Capacity Type (2021-2034)

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Components (2021-2034)

12.3.5.2. Market Revenue and Forecast, by Location (2021-2034)

12.3.5.3. Market Revenue and Forecast, by Depth Type (2021-2034)

12.3.5.4. Market Revenue and Forecast, by Capacity Type (2021-2034)

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Components (2021-2034)

12.3.6.2. Market Revenue and Forecast, by Location (2021-2034)

12.3.6.3. Market Revenue and Forecast, by Depth Type (2021-2034)

12.3.6.4. Market Revenue and Forecast, by Capacity Type (2021-2034)

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Components (2021-2034)

12.3.7.2. Market Revenue and Forecast, by Location (2021-2034)

12.3.7.3. Market Revenue and Forecast, by Depth Type (2021-2034)

12.3.7.4. Market Revenue and Forecast, by Capacity Type (2021-2034)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Components (2021-2034)

12.3.8.2. Market Revenue and Forecast, by Location (2021-2034)

12.3.8.3. Market Revenue and Forecast, by Depth Type (2021-2034)

12.3.8.4. Market Revenue and Forecast, by Capacity Type (2021-2034)

12.4. MEA

12.4.1. Market Revenue and Forecast, by Components (2021-2034)

12.4.2. Market Revenue and Forecast, by Location (2021-2034)

12.4.3. Market Revenue and Forecast, by Depth Type (2021-2034)

12.4.4. Market Revenue and Forecast, by Capacity Type (2021-2034)

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Components (2021-2034)

12.4.5.2. Market Revenue and Forecast, by Location (2021-2034)

12.4.5.3. Market Revenue and Forecast, by Depth Type (2021-2034)

12.4.5.4. Market Revenue and Forecast, by Capacity Type (2021-2034)

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Components (2021-2034)

12.4.6.2. Market Revenue and Forecast, by Location (2021-2034)

12.4.6.3. Market Revenue and Forecast, by Depth Type (2021-2034)

12.4.6.4. Market Revenue and Forecast, by Capacity Type (2021-2034)

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Components (2021-2034)

12.4.7.2. Market Revenue and Forecast, by Location (2021-2034)

12.4.7.3. Market Revenue and Forecast, by Depth Type (2021-2034)

12.4.7.4. Market Revenue and Forecast, by Capacity Type (2021-2034)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Components (2021-2034)

12.4.8.2. Market Revenue and Forecast, by Location (2021-2034)

12.4.8.3. Market Revenue and Forecast, by Depth Type (2021-2034)

12.4.8.4. Market Revenue and Forecast, by Capacity Type (2021-2034)

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Components (2021-2034)

12.5.2. Market Revenue and Forecast, by Location (2021-2034)

12.5.3. Market Revenue and Forecast, by Depth Type (2021-2034)

12.5.4. Market Revenue and Forecast, by Capacity Type (2021-2034)

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Components (2021-2034)

12.5.5.2. Market Revenue and Forecast, by Location (2021-2034)

12.5.5.3. Market Revenue and Forecast, by Depth Type (2021-2034)

12.5.5.4. Market Revenue and Forecast, by Capacity Type (2021-2034)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Components (2021-2034)

12.5.6.2. Market Revenue and Forecast, by Location (2021-2034)

12.5.6.3. Market Revenue and Forecast, by Depth Type (2021-2034)

12.5.6.4. Market Revenue and Forecast, by Capacity Type (2021-2034)

Chapter 13. Company Profiles

13.1. Siemens Gamesa

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Prysmian Group

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Nexans

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Sumitomo Electric

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. General Electric

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Southwire LLC

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. IMPSA

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Enessere

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. LS Cable & System

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Vestas

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

13.11. Goldwind

13.11.1. Company Overview

13.11.2. Product Offerings

13.11.3. Financial Performance

13.11.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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