Offshore Wind Market Analysis; by Component, by Region & Segment | Forecast 2017 – 2025
SUMMARY: In this report, the Global Offshore Wind market was valued at USD 22.85 Billion in 2015, and is projected to reach USD 72.18 billion by 2025, growing at a CAGR of 12% over the forecast period. " Offshore Wind Market " , provides extensive insight and analysis of the Offshore Wind Market over the next eight years (2015-2025) and acts as a vital point of reference for operators or suppliers. The continuous growth is attributed to the growing demand for clean energy for protecting the environment and decrease the carbon emissions by generating power from renewable resources. Offshore wind energy forms an integral part of clean energy resources and possess higher capacity factor in comparison to onshore wind. Offshore wind technology includes inshore water areas as well including creeks, lakes, and sheltered coastal areas, utilizing conventional fixed bottom turbine technologies and deep water areas utilize floating turbines. Shifting preference of consume...