Offshore Wind Market: An Effective Source of Renewable Energy

Offshore Wind Market

The global Offshore Wind Market is expected to grow from an estimated USD 31.8 billion in 2021 to USD 56.8 billion by 2026, at a CAGR of 12.3% during the forecast period. Offshore wind is a crucial pillar in the energy mix together with onshore wind for …

Offshore Wind Market to Show Robust Growth in Near Future

Offshore Wind Market

The global Offshore Wind Market is expected to grow from an estimated USD 31.8 billion in 2021 to USD 56.8 billion by 2026, at a CAGR of 12.3% during the forecast period. Offshore wind is a crucial pillar in energy mix together with onshore wind …

Offshore Wind Market to Witness Stunning Growth through 2026

Offshore Wind Market

According to the new market research report “Offshore Wind Market by Component (Turbines (Nacelle, Rotors & Blades, Tower), Substructure, Electrical Infrastructure), Location (Shallow Water, Transitional Water, & Deepwater) and Region (North America, Asia Pacific, & Europe) – Global forecast to 2026“, published by MarketsandMarkets™, the …

Offshore Wind Market Booming Worldwide with A Massive Growth of 15.32% by 2022 | Siemens AG, ABB Ltd., MHI Vestas, General Electric, EEW Group, A2Sea, Nexans, among others.

The offshore wind market has been rapidly growing, especially in Europe as it contributed the European Union (EU) to meet its renewable energy targets for 2020.  The market in Europe was estimated to be the largest market for offshore wind, followed by Asia-Pacific in 2016. …

Offshore Wind Market: Future Growth Opportunities By 2022

The offshore wind market is expected to grow at a CAGR of 15.32% from 2017 to 2022, to reach a market size of USD 55.11 billion by 2022. Major drivers of offshore wind includes increasing share of renewable energy in power generation, energy efficiency mandates …