DUBLIN--(BUSINESS WIRE)--The "Global Offshore Wind Turbine Market 2017-2021" report has been added to Research and Markets' offering.
The global offshore wind turbine market to grow at a CAGR of 20% during the period 2017-2021.
Global Offshore Wind Turbine Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the new installations and exclude the retrofit/spares market.
The latest trend gaining momentum in the market is Reduction in cost for wind energy. The primary drivers that regulate the cost of electricity from wind energy are capital costs, capacity factor, and operating costs. CAPEX, OPEX, project design, and cost of financing turbine performance are the main drivers that regulate cost reduction for wind energy.
Along with the high hub heights, large rotor diameters cubed with large turbines as well as improved operations and financial conditions act as the key factors for wind projects. The drop-in prices for offshore applications are also acting as a driver for the reduction in cost for wind energy. As wind energy prices are extremely competitive, it offers costs that are lower than all other renewable resources, which is in turn driving the market for wind energy worldwide.
Key vendors
- ADWEN
- MHI Vestas Offshore Wind
- Senvion
- Siemens Wind Power
Other prominent vendors
- AREVA WIND
- Clipper Windpower
- Doosan
- Gamesa
- GENERAL ELECTRIC
- Samsung Heavy Industries
-
Sinovel Wind Group
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by substructures
Part 07: Geographical segmentation
Part 08: Decision framework
Part 09: Drivers and challenges
Part 10: Market trends
Part 11: Vendor landscape
Part 12: Key vendor analysis
Part 13: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/m5cr9t/global_offshore