Product ID: SQMIG10B2084
Global Offshore Wind Turbine Market Size, Share, Growth Analysis, By Installation(Floating and fixed installations), By Location(Shallow water, transitional water) - Industry Forecast 2024-2031
Report ID:
SQMIG10B2084 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
61 |
Figures:
75
Global Offshore Wind Turbine Market Regional Insights
Europe was the dominant region in the global offshore wind turbine market. Europe has been at the forefront of offshore wind development, with countries such as the United Kingdom, Germany, Denmark, and the Netherlands leading the way. Favourable regulatory policies, strong government support, and well-established supply chains have facilitated significant investments in offshore wind projects across the region. The European offshore wind market has seen substantial growth, and several large-scale wind farms have been operational in European waters, contributing to Europe's dominant position in the global market.
The fastest-growing region in the global offshore wind turbine market was Asia-Pacific (APAC). Countries in the Asia-Pacific region, particularly China, Taiwan, South Korea, and Japan, have made significant strides in offshore wind development. These countries are leveraging their vast coastlines and abundant wind resources to accelerate the deployment of offshore wind projects. Supportive government policies, ambitious renewable energy targets, and a growing demand for clean energy have propelled APAC to become the fastest-growing region in the offshore wind sector. Investments in research and development, technology transfer, and partnerships with European companies have further boosted the growth of offshore wind in the region.
Global Offshore Wind Turbine Market Report Snapshots
Want to customize this report?
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATION
USA (+1) 351-333-4748
