Emergen Research has recently published a detailed report on the global offshore wind energy market formulated through extensive primary and secondary research. The report offers in-depth knowledge and analysis of the offshore wind energy market through verified and validated data curated to offer accurate insights. The report also offers a region wise and country wise analysis of the offshore wind energy market and contains a detailed analysis of the key elements influencing the growth of the market in the region. The research study also contains historical, current, and forecast estimations for each sector, segment, sub-segment, and regions.
The report is updated with the impact of the COVID-19 pandemic on the offshore wind energy market. Every industry vertical across the globe has been affected by the pandemic, and the report assesses if the impact of the pandemic on the offshore wind energy market has been positive or negative. It also sheds light on the effect of the financial difficulties and supply disruption caused by the pandemic in the overall growth of the market. Furthermore, the report covers a current and future impact assessment of the pandemic on the overall growth of the offshore wind energy market.
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The emergence of technologically advanced platforms powered by Artificial Intelligence, robotics, machine learning, data analytics, and the Internet of things, Big data, the cloud help maintain wind energy and monitor the turbine's energy level statistics. The technologies also help the turbines in reserving more energy for no wind situations and reduce the risks of damage by giving prior information about system failures. The technological development of offshore wind turbines has increased capacity, reduced the weight of the wind turbines, and made the blades mores stronger and durable. The advancements have reduced the overall cost of offshore wind energy, which is expected to drive the system's demand.
Key companies profiled in the report include:
Vestas, General Electric Company, Adwen, Doosan Heavy Industries and Construction Co., Ltd, Siemens Gamesa Renewable Energy, S.A., Senvion SA, Sinovel Wind Group Co., ABB, Ltd., Nexans S.A., and Nordex SE, among others.
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The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.
Emergen Research has segmented the global Offshore Wind Energy Market on the basis of Installation, Location, Component:
Installation Outlook (Revenue, USD Billion; 2017-2027)
- Floating structure
- Fixed Structure
Location Outlook (Revenue, USD Billion; 2017-2027)
- Shallow Water (30m depth)
- Transitional Water (30m-60m Depth)
- Deep Water (60m Depth)
Component Outlook (Revenue, USD Billion; 2017-2027)
- Substructure
- Turbine
- Electrical Infrastructure
- Others
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Regional Analysis:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- MEA
- Saudi Arabia
- UAE
- Rest of MEA
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