The Off Shore Wind Turbine Global Market Report 2023, provides comprehensive information on the off shore wind turbine market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Off Shore Wind Turbine Market’s Growth:
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As per The Business Research Company’s Off Shore Wind Turbine Global Market Report 2023, the global offshore wind turbine market size is expected to grow from $23.26 billion in 2022 to $27.07 billion in 2023 at a compound annual growth rate (CAGR) of 16.37%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The offshore wind turbine market size is expected to grow to $49.90 billion in 2027 at a CAGR of 16.52%.
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The off shore wind turbine market is segmented:
By Foundation Type
Monopile
Jacket
Tripod
Floating
By Capacity
Up To 3 Megawatt (MW)
3 MW To 5 MW
Above 5MW
By Depth
Shallow Water
Transitional Water
Deep Water
By Application
Industrial
Commercial
Residential
Top Major Players
Ørsted A/S
GE Renewable Energy
ABB Ltd.
Vestas Wind Systems A/S
Siemens Gamesa Renewable Energy SA
Western Europe was the largest region in the off shore wind turbine market in 2022.
The table of contents in TBRC’s off shore wind turbine market report includes:
1. Executive Summary
2. Off Shore Wind Turbine Market Characteristics
3. Off Shore Wind Turbine Market Trends And Strategies
4. Off Shore Wind Turbine Market – Macro Economic Scenario
5. Off Shore Wind Turbine Market Size And Growth
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26. Africa Off Shore Wind Turbine Market
27. Off Shore Wind Turbine Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Off Shore Wind Turbine Market
29. Off Shore Wind Turbine Market Future Outlook and Potential Analysis
30. Appendix
List Of Tables
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Off Shore Wind Turbine Market, Segmentation By Foundation Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Off Shore Wind Turbine Market, Segmentation By Capacity, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Off Shore Wind Turbine Market, Segmentation By Depth, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 47: Ørsted A/S Financial Performance
Table 48: GE Renewable Energy Financial Performance
Table 49: ABB Ltd. Financial Performance
Table 50: Vestas Wind Systems A/S Financial Performance
Table 51: Siemens Gamesa Renewable Energy SA Financial Performance
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