Technological advancements of offshore wind energy projects, rapid industrialization & urbanization, and the rising demand for electricity in the developing economies are driving the demand of the market. Market Size – USD 36.20 billion in 2019, Market Growth - CAGR of 15.2%, Market Trends – Decreasing Offshore auction prices

Vancouver, BC -- (SBWire) -- 11/04/2020 --The new report published by Emergen Research, titled "Global Offshore Wind Energy Market", offers in-depth scrutiny of the Offshore Wind Energy market landscape and its growth prospects over the forecast years. The latest research report has been formulated using industry-verified data. It provides a detailed understanding of the leading manufacturers and suppliers engaged in this market, their pricing analysis, product offerings, gross revenue, sales network & distribution channels, profit margins, and financial standing. The report's insightful data is intended to enlighten the readers interested in this business sector about the lucrative growth opportunities in the Offshore Wind Energy market. According to our analysts, the global Offshore Wind Energy market is anticipated to expand substantially over the forecast timeline (2020-2027), registering a staggering CAGR of 15.2%.

In the primary section of the report, there are essential details about the estimated market size, market dynamics, recent developments, and the ongoing trends in the Offshore Wind Energy industry. The report goes on to study the potential investment opportunities, as well as various parameters influencing market growth, such as key drivers, challenges, and constraints. The competitive landscape includes details on the strategic initiatives, such as mergers & acquisitions, joint ventures, technological upgradation, and corporate deals, implemented by market players to optimize their industry performance. Our team has leveraged analytical tools like Porter's Five Forces Analysis and SWOT Analysis to discern vital information about the leading market regions' competitive scenario. Additionally, the report explains the latest global economic landscape scenario with respect to the currently unfolding COVID-19 pandemic. The pandemic has significantly affected millions of lives and markets worldwide. Besides, it has led to massive disruptions in this particular business sphere. The report encompasses the effects of the pandemic on the Offshore Wind Energy market.

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Competitive Landscape:

The research report offers key insights into the leading market players' strengths and weaknesses, assessed using Porter's Five Forces and SWOT analyses. The report includes Offshore Wind Energy market segmentation based on product type, application spectrum, and key regions. The investigative study estimates the market size, market share, and revenue generation over the forecast timeframe. The key players 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

The report categorizes the market into different key segments based on types and applications, along with key regional segmentation. The report offers insights into the segment expected to garner traction during the forecast period, and the region expected to dominate the market in the coming years.

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

Regional Analysis:

The global Offshore Wind Energy market report broadly considers the market mechanism of both the developing and developed regions of the market. This section provides crucial data and information about the different market regions, a country-wise analysis of the Offshore Wind Energy industry, and an assessment of the market reach and consumer base in the key geographical regions to enable readers to formulate effective business expansion strategies.

Major Geographies Encompassed in the Report:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Global Offshore Wind Energy Market Report - Table of Contents:

Chapter 1. Market Definition and Scope

Chapter 2.Executive Summary

Chapter 3.Research Methodology

Chapter 4. Market Dynamics

Chapter 5.Regional Analysis

Chapter 6.Product Segmentation

Chapter 7.Application Spectrum

Chapter 8. End-user Landscape

Chapter 9.Competitive Landscape

Chapter 10. Appendix

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Objectives of the Global Offshore Wind Energy Market Study:

An in-depth study of the evolving market sectors and the growth & penetration status of the global Offshore Wind Energy market
COVID-19 Impact Analysis to highlight the major opportunities and challenges
Strategic recommendations to help readers formulate lucrative business strategies
Identification of the emerging players and their tactical approaches to expand market presence
An extensive study of the product portfolios of the major market players and their regional presence
A closer look at the strategic initiatives undertaken by the leading companies across this industry, including mergers & acquisitions, collaborations, partnerships, and joint ventures

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