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Global offshore wind market size is expected to reach $89.94 Bn by 2028 at a rate of 15.9%, segmented as by component, turbines, electrical infrastructure, substructure, other components<br>
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Offshore Wind Market Report 2024 Market Size, Trends and Global Forecast 2024-2033 © The Business Research Company. All Rights Reserved.
Offshore Wind Segments The Business Research Company segments it’s Offshore Wind report as: Turbines, Electrical Infrastructure, Substructure, Other Components By Component Shallow Water, Transitional Water, Deep Water By Location Up to 3MW, 3MW to 5MW, Above 5MW By Capacity By Application Electric Power, Oil and Gas, Aviation, Transport, Other Applications © The Business Research Company. All Rights Reserved.
Market Statistics The offshore wind market size has grown rapidly in recent years. It will grow from $42.43 billion in 2023 to $49.79 billion in 2024 at a compound annual growth rate (CAGR) of 17.3%. The offshore wind market size is expected to see rapid growth in the next few years. It will grow to $89.94 billion in 2028 at a compound annual growth rate (CAGR) of 15.9%. Global Offshore Wind Size Forecast To 2033 89.94 49.79 42.43 2023 2024 2028 Click Here To Get A Sample Report © The Business Research Company. All Rights Reserved.
Key Market Drivers And Trends Drivers Increasing global investments in renewable energy are expected to propel the growth of the offshore wind market going forward. Trends Product innovation is a key trend gaining popularity in the offshore wind market. Region Western Europe was the largest region in the offshore wind market in 2023. The regions covered in the offshore wind market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa © The Business Research Company. All Rights Reserved.
Key Market Players Major players in the Offshore Wind are: ▪ General Electric Company ▪ Siemens Gamesa Renewable Energy S. A. ▪ MHI Vestas Offshore Wind A/S ▪ Xinjiang Goldwind Science & Technology Co. Ltd. ▪ Shanghai Electric Wind Power Group Co. Ltd. ▪ And more. Get More Information On The Offshore Wind Report © The Business Research Company. All Rights Reserved.
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