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Home Energy And Power Offshore Wind Turbine Market Size, Share & Analysis by 2032

Offshore Wind Turbine Market

Offshore Wind Turbine Market Size, Share & Trends Analysis Report By Components (Turbine, Substructure, Electrical Infrastructure, Others), By Location (Shallow Water, Transitional Water, Deepwater), By Foundation (Floating, fixed, Monopile, Tripod, Gravity base, Jacket, Others), By Capacity (Less than 5MW, 5MW-10 MW, More than 10 MW) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2024-2032

Report Code: SREP1276DR
Study Period 2020-2032 CAGR 13.44%
Historical Period 2020-2022 Forecast Period 2024-2032
Base Year 2023 Base Year Market Size USD 21.59 billion
Forecast Year 2032 Forecast Year Market Size USD 67.16 billion
Largest Market Europe Fastest Growing Market Asia Pacific
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Market Segmentation

  1. Offshore Wind Turbine Market, By Components (2020-2032)
    1. Turbine
    2. Substructure
    3. Electrical Infrastructure
    4. Others
  2. Offshore Wind Turbine Market, By Location (2020-2032)
    1. Shallow Water
    2. Transitional Water
    3. Deepwater
  3. Offshore Wind Turbine Market, By Foundation (2020-2032)
    1. Floating, fixed
    2. Monopile
    3. Tripod
    4. Gravity base
    5. Jacket
    6. Others
  4. Offshore Wind Turbine Market, By Capacity (2020-2032)
    1. Less than 5MW
    2. 5MW-10 MW
    3. More than 10 MW
    1. North America
      1. North America Offshore Wind Turbine Market, By Components
        1. Turbine
          1. Substructure
            1. Electrical Infrastructure
              1. Others
              2. North America Offshore Wind Turbine Market, By Location
                1. Shallow Water
                  1. Transitional Water
                    1. Deepwater
                    2. North America Offshore Wind Turbine Market, By Foundation
                      1. Floating, fixed
                        1. Monopile
                          1. Tripod
                            1. Gravity base
                              1. Jacket
                                1. Others
                                2. North America Offshore Wind Turbine Market, By Capacity
                                  1. Less than 5MW
                                    1. 5MW-10 MW
                                      1. More than 10 MW
                                      2. U.S.
                                        1. U.S. Offshore Wind Turbine Market, By Components
                                          1. Turbine
                                            1. Substructure
                                              1. Electrical Infrastructure
                                                1. Others
                                                2. U.S. Offshore Wind Turbine Market, By Location
                                                  1. Shallow Water
                                                    1. Transitional Water
                                                      1. Deepwater
                                                      2. U.S. Offshore Wind Turbine Market, By Foundation
                                                        1. Floating, fixed
                                                          1. Monopile
                                                            1. Tripod
                                                              1. Gravity base
                                                                1. Jacket
                                                                  1. Others
                                                                  2. U.S. Offshore Wind Turbine Market, By Capacity
                                                                    1. Less than 5MW
                                                                      1. 5MW-10 MW
                                                                        1. More than 10 MW
                                                                      2. Canada
                                                                    2. Europe
                                                                      1. Europe Offshore Wind Turbine Market, By Components
                                                                        1. Turbine
                                                                          1. Substructure
                                                                            1. Electrical Infrastructure
                                                                              1. Others
                                                                              2. Europe Offshore Wind Turbine Market, By Location
                                                                                1. Shallow Water
                                                                                  1. Transitional Water
                                                                                    1. Deepwater
                                                                                    2. Europe Offshore Wind Turbine Market, By Foundation
                                                                                      1. Floating, fixed
                                                                                        1. Monopile
                                                                                          1. Tripod
                                                                                            1. Gravity base
                                                                                              1. Jacket
                                                                                                1. Others
                                                                                                2. Europe Offshore Wind Turbine Market, By Capacity
                                                                                                  1. Less than 5MW
                                                                                                    1. 5MW-10 MW
                                                                                                      1. More than 10 MW
                                                                                                      2. U.K.
                                                                                                        1. U.K. Offshore Wind Turbine Market, By Components
                                                                                                          1. Turbine
                                                                                                            1. Substructure
                                                                                                              1. Electrical Infrastructure
                                                                                                                1. Others
                                                                                                                2. U.K. Offshore Wind Turbine Market, By Location
                                                                                                                  1. Shallow Water
                                                                                                                    1. Transitional Water
                                                                                                                      1. Deepwater
                                                                                                                      2. U.K. Offshore Wind Turbine Market, By Foundation
                                                                                                                        1. Floating, fixed
                                                                                                                          1. Monopile
                                                                                                                            1. Tripod
                                                                                                                              1. Gravity base
                                                                                                                                1. Jacket
                                                                                                                                  1. Others
                                                                                                                                  2. U.K. Offshore Wind Turbine Market, By Capacity
                                                                                                                                    1. Less than 5MW
                                                                                                                                      1. 5MW-10 MW
                                                                                                                                        1. More than 10 MW
                                                                                                                                      2. Germany
                                                                                                                                      3. France
                                                                                                                                      4. Spain
                                                                                                                                      5. Italy
                                                                                                                                      6. Russia
                                                                                                                                      7. Nordic
                                                                                                                                      8. Benelux
                                                                                                                                      9. Rest of Europe
                                                                                                                                    2. APAC
                                                                                                                                      1. APAC Offshore Wind Turbine Market, By Components
                                                                                                                                        1. Turbine
                                                                                                                                          1. Substructure
                                                                                                                                            1. Electrical Infrastructure
                                                                                                                                              1. Others
                                                                                                                                              2. APAC Offshore Wind Turbine Market, By Location
                                                                                                                                                1. Shallow Water
                                                                                                                                                  1. Transitional Water
                                                                                                                                                    1. Deepwater
                                                                                                                                                    2. APAC Offshore Wind Turbine Market, By Foundation
                                                                                                                                                      1. Floating, fixed
                                                                                                                                                        1. Monopile
                                                                                                                                                          1. Tripod
                                                                                                                                                            1. Gravity base
                                                                                                                                                              1. Jacket
                                                                                                                                                                1. Others
                                                                                                                                                                2. APAC Offshore Wind Turbine Market, By Capacity
                                                                                                                                                                  1. Less than 5MW
                                                                                                                                                                    1. 5MW-10 MW
                                                                                                                                                                      1. More than 10 MW
                                                                                                                                                                      2. China
                                                                                                                                                                        1. China Offshore Wind Turbine Market, By Components
                                                                                                                                                                          1. Turbine
                                                                                                                                                                            1. Substructure
                                                                                                                                                                              1. Electrical Infrastructure
                                                                                                                                                                                1. Others
                                                                                                                                                                                2. China Offshore Wind Turbine Market, By Location
                                                                                                                                                                                  1. Shallow Water
                                                                                                                                                                                    1. Transitional Water
                                                                                                                                                                                      1. Deepwater
                                                                                                                                                                                      2. China Offshore Wind Turbine Market, By Foundation
                                                                                                                                                                                        1. Floating, fixed
                                                                                                                                                                                          1. Monopile
                                                                                                                                                                                            1. Tripod
                                                                                                                                                                                              1. Gravity base
                                                                                                                                                                                                1. Jacket
                                                                                                                                                                                                  1. Others
                                                                                                                                                                                                  2. China Offshore Wind Turbine Market, By Capacity
                                                                                                                                                                                                    1. Less than 5MW
                                                                                                                                                                                                      1. 5MW-10 MW
                                                                                                                                                                                                        1. More than 10 MW
                                                                                                                                                                                                      2. Korea
                                                                                                                                                                                                      3. Japan
                                                                                                                                                                                                      4. India
                                                                                                                                                                                                      5. Australia
                                                                                                                                                                                                      6. Singapore
                                                                                                                                                                                                      7. Taiwan
                                                                                                                                                                                                      8. South East Asia
                                                                                                                                                                                                      9. Rest of Asia-Pacific
                                                                                                                                                                                                    2. Middle East and Africa
                                                                                                                                                                                                      1. Middle East and Africa Offshore Wind Turbine Market, By Components
                                                                                                                                                                                                        1. Turbine
                                                                                                                                                                                                          1. Substructure
                                                                                                                                                                                                            1. Electrical Infrastructure
                                                                                                                                                                                                              1. Others
                                                                                                                                                                                                              2. Middle East and Africa Offshore Wind Turbine Market, By Location
                                                                                                                                                                                                                1. Shallow Water
                                                                                                                                                                                                                  1. Transitional Water
                                                                                                                                                                                                                    1. Deepwater
                                                                                                                                                                                                                    2. Middle East and Africa Offshore Wind Turbine Market, By Foundation
                                                                                                                                                                                                                      1. Floating, fixed
                                                                                                                                                                                                                        1. Monopile
                                                                                                                                                                                                                          1. Tripod
                                                                                                                                                                                                                            1. Gravity base
                                                                                                                                                                                                                              1. Jacket
                                                                                                                                                                                                                                1. Others
                                                                                                                                                                                                                                2. Middle East and Africa Offshore Wind Turbine Market, By Capacity
                                                                                                                                                                                                                                  1. Less than 5MW
                                                                                                                                                                                                                                    1. 5MW-10 MW
                                                                                                                                                                                                                                      1. More than 10 MW
                                                                                                                                                                                                                                      2. UAE
                                                                                                                                                                                                                                        1. UAE Offshore Wind Turbine Market, By Components
                                                                                                                                                                                                                                          1. Turbine
                                                                                                                                                                                                                                            1. Substructure
                                                                                                                                                                                                                                              1. Electrical Infrastructure
                                                                                                                                                                                                                                                1. Others
                                                                                                                                                                                                                                                2. UAE Offshore Wind Turbine Market, By Location
                                                                                                                                                                                                                                                  1. Shallow Water
                                                                                                                                                                                                                                                    1. Transitional Water
                                                                                                                                                                                                                                                      1. Deepwater
                                                                                                                                                                                                                                                      2. UAE Offshore Wind Turbine Market, By Foundation
                                                                                                                                                                                                                                                        1. Floating, fixed
                                                                                                                                                                                                                                                          1. Monopile
                                                                                                                                                                                                                                                            1. Tripod
                                                                                                                                                                                                                                                              1. Gravity base
                                                                                                                                                                                                                                                                1. Jacket
                                                                                                                                                                                                                                                                  1. Others
                                                                                                                                                                                                                                                                  2. UAE Offshore Wind Turbine Market, By Capacity
                                                                                                                                                                                                                                                                    1. Less than 5MW
                                                                                                                                                                                                                                                                      1. 5MW-10 MW
                                                                                                                                                                                                                                                                        1. More than 10 MW
                                                                                                                                                                                                                                                                      2. Turkey
                                                                                                                                                                                                                                                                      3. Saudi Arabia
                                                                                                                                                                                                                                                                      4. South Africa
                                                                                                                                                                                                                                                                      5. Egypt
                                                                                                                                                                                                                                                                      6. Nigeria
                                                                                                                                                                                                                                                                      7. Rest of MEA
                                                                                                                                                                                                                                                                    2. LATAM
                                                                                                                                                                                                                                                                      1. LATAM Offshore Wind Turbine Market, By Components
                                                                                                                                                                                                                                                                        1. Turbine
                                                                                                                                                                                                                                                                          1. Substructure
                                                                                                                                                                                                                                                                            1. Electrical Infrastructure
                                                                                                                                                                                                                                                                              1. Others
                                                                                                                                                                                                                                                                              2. LATAM Offshore Wind Turbine Market, By Location
                                                                                                                                                                                                                                                                                1. Shallow Water
                                                                                                                                                                                                                                                                                  1. Transitional Water
                                                                                                                                                                                                                                                                                    1. Deepwater
                                                                                                                                                                                                                                                                                    2. LATAM Offshore Wind Turbine Market, By Foundation
                                                                                                                                                                                                                                                                                      1. Floating, fixed
                                                                                                                                                                                                                                                                                        1. Monopile
                                                                                                                                                                                                                                                                                          1. Tripod
                                                                                                                                                                                                                                                                                            1. Gravity base
                                                                                                                                                                                                                                                                                              1. Jacket
                                                                                                                                                                                                                                                                                                1. Others
                                                                                                                                                                                                                                                                                                2. LATAM Offshore Wind Turbine Market, By Capacity
                                                                                                                                                                                                                                                                                                  1. Less than 5MW
                                                                                                                                                                                                                                                                                                    1. 5MW-10 MW
                                                                                                                                                                                                                                                                                                      1. More than 10 MW
                                                                                                                                                                                                                                                                                                      2. Brazil
                                                                                                                                                                                                                                                                                                        1. Brazil Offshore Wind Turbine Market, By Components
                                                                                                                                                                                                                                                                                                          1. Turbine
                                                                                                                                                                                                                                                                                                            1. Substructure
                                                                                                                                                                                                                                                                                                              1. Electrical Infrastructure
                                                                                                                                                                                                                                                                                                                1. Others
                                                                                                                                                                                                                                                                                                                2. Brazil Offshore Wind Turbine Market, By Location
                                                                                                                                                                                                                                                                                                                  1. Shallow Water
                                                                                                                                                                                                                                                                                                                    1. Transitional Water
                                                                                                                                                                                                                                                                                                                      1. Deepwater
                                                                                                                                                                                                                                                                                                                      2. Brazil Offshore Wind Turbine Market, By Foundation
                                                                                                                                                                                                                                                                                                                        1. Floating, fixed
                                                                                                                                                                                                                                                                                                                          1. Monopile
                                                                                                                                                                                                                                                                                                                            1. Tripod
                                                                                                                                                                                                                                                                                                                              1. Gravity base
                                                                                                                                                                                                                                                                                                                                1. Jacket
                                                                                                                                                                                                                                                                                                                                  1. Others
                                                                                                                                                                                                                                                                                                                                  2. Brazil Offshore Wind Turbine Market, By Capacity
                                                                                                                                                                                                                                                                                                                                    1. Less than 5MW
                                                                                                                                                                                                                                                                                                                                      1. 5MW-10 MW
                                                                                                                                                                                                                                                                                                                                        1. More than 10 MW
                                                                                                                                                                                                                                                                                                                                      2. Mexico
                                                                                                                                                                                                                                                                                                                                      3. Argentina
                                                                                                                                                                                                                                                                                                                                      4. Chile
                                                                                                                                                                                                                                                                                                                                      5. Colombia
                                                                                                                                                                                                                                                                                                                                      6. Rest of LATAM

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