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2023
Offshore Wind Tower Market

Offshore Wind Tower Market

by Type (Steel Tower, Concrete Tower, Hybrid Tower), by Component (Turbine, Support Structure, Electrical Infrastructure, Others) and by Depth (and0 Less than 30m, and30 Less than 50m, and50m): Global Opportunity Analysis and Industry Forecast, 2023-2032

EP : Green/Alternative/ Renewable Energy
Report Code: A15783
Nov 2023 | Pages: NA
Tables: NA
Charts: NA

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COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Offshore Wind Tower Market

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Wind turbines and their components are supported by wind towers, which are tall structures. The turbine's rotor and nacelle are held in place by the tower, which also support the blades so they can safely clear the ground. In order to generate electric energy from wind, the wind turbine is placed at the optimal height. High wind speeds are required for higher capacity turbines. As wind speed increases with turbine height, the height of the wind tower is critical for efficient power generation. Taller towers also have less turbulence, which improves the performance of taller wind turbines. The structure and nacelle are the most important considerations when choosing a wind turbine. Furthermore, the material utilized, the weight, and the gauge of the turbine are all important aspects that influence the turbine's strength. On the continental shelf, offshore wind offers electrical energy to gather wind energy. The wind speed is often consistent and at greater offshore than on land. Offshore wind turbines are also positioned near coastal locations, so no additional overland transmission lines are required. Because the potential energy of wind is exactly related to the cube of wind speed, a slight increase in wind speed can yield much more electricity. For example, a turbine at a site with an average wind speed of 16 miles per hour is expected to produce more than half as much energy as one at a site with an average wind speed of 14 miles per hour.

COVID-19 Impact Analysis

  • COVID-19 impacted the offshore wind tower market and caused a decline in the growth of the market during the pandemic. 
  • The energy demand from the industrial sector reduced as industries were shut down due to the spread of the virus. The gathering and movement of people were all restricted, which caused the industries to shut down. This impacted the demand for offshore wind tower. 
  • The supply chain was impacted and there was a shortage of raw material hampering the production activity of the of offshore wind tower. 
  • No new development and investment took place in the offshore wind tower segment as the economy of countries faced a slump due to the pandemic.
  • The production of wind turbines was stopped as the government imposed lockdown prevented industries from operating. This also meant that the wind tower market faced decline in production activities.
  • The lockdown restriction upliftment helped the market of offshore wind tower to increase and gain the pace.

Top Impacting Factors

In comparison to onshore wind energy, offshore wind energy has a greater potential for electricity generation. It has a superior aesthetic and is capable of providing more efficient animal and human habitat conservation.

Furthermore, offshore wind farms with greater and more consistent wind speeds have the potential to generate more power at a more consistent pace than onshore wind farms. This is expected to be a major driver of the global offshore wind turbine market. The market is expected to develop due to the rise in electricity consumption and quickly rising pollution levels associated with traditional power facilities. However, the global offshore wind tower market is expected to be hampered by the availability of cheaper alternative energy sources. Solar power plants are being built to create electricity, which affects the offshore wind tower market. Because of the high CUF and favourable regulatory regulations that have accompanied the rise of the offshore wind energy market, offshore wind energy technologies have gained substantial traction. On a global basis, policymakers are stepping up their efforts to meet the Paris Agreement's emission reduction targets. Governments and commercial entities are making significant investments in clean energy sources. This has spurred the industry's expansion, as the demand for high-capacity offshore wind energy projects is expected to expand significantly in the future years.

Market Trends

  • Broadwind Energy announced a wind order of USD 39 million in July 2019. The contract was for tower and fabrication orders only, and was expected to be completed by 2020 at two of Broadwind's facilities: Manitowoc, Wisconsin, and Abilene, Texas. 
  • Siemens Gamesa Renewable Energy was awarded a contract to provide 8 MW offshore wind turbines to the Orsted 900 MW offshore wind farm in Taiwan in 2019. 
  • In January, Siemens Gamesa Renewable Energy and Siemens Energy announced a large-scale collaboration in which they will invest over 900 million kroner in the development of a fully integrated offshore wind-to-hydrogen system. Each turbine is a hydrogen production unit, which is created by connecting the wind turbine and electrolysis directly on the turbine platform, bringing the hydrogen conversion as close to the green energy source as possible. 
  • On 10th February 2021, Vestas unveiled the V236-15.0MW, an offshore wind turbine with the greatest wind swept area and rotor diameter in the industry, as well as the highest nominal power rating. The massive turbine is expected to have a 236-meter rotor diameter and a 43,743-square-meter wind-swept area. The next-largest wind turbine in the industry, GE's Haliade-X, has a rotor diameter of 220 metres and a wind-swept surface of 38,013 square metres. 
  • Modvion, a Swedish business, finished the erection of a 30-meter-high wooden wind power tower on Bjorko Island, near Gothenberg, in May 2020.
  • According to the company, Modvion, a wind tower constructed of wood may be built for substantially less money than a steel tower, lowering the cost of producing wind-generated electricity. The new project will be utilised for research and development in order to build the first timber tower for commercial use in 2022.

Key Benefits of Report

  • This study presents the analytical depiction of the offshore wind tower market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the offshore wind tower market share.
  • The current market is quantitatively analyzed to highlight the offshore wind tower market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed offshore wind tower market analysis based on competitive intensity and how the competition will take shape in the coming years.

 Offshore Wind Tower Market Report Highlights

Aspects Details
By Type
  • Steel Tower
  • Concrete Tower
  • Hybrid Tower
By Component
  • Turbine
  • Support Structure
  • Electrical Infrastructure
  • Others
By Depth
  • >0<30m
  • >30<50m
  • >50m
Key Market Players MHI Vestas, Goldwind, Enessere Srl, Siemens Gamesa Renewable Energy, Prysmian Group, General Electric, Furukawa Electric Co. Ltd., IMPSA, Nexans, Southwire Company, LLC, LS Cable & System, Sumitomo Electric Industries Ltd.
 

  • CHAPTER 1: INTRODUCTION

    • 1.1. Report Description

    • 1.2. Key Market Segments

    • 1.3. Key Benefits

    • 1.4. Research Methodology

      • 1.4.1. Primary Research

      • 1.4.2. Secondary Research

      • 1.4.3. Analyst Tools and Models

  • CHAPTER 2: EXECUTIVE SUMMARY

    • 2.1. CXO Perspective

  • CHAPTER 3: MARKET LANDSCAPE

    • 3.1. Market Definition and Scope

    • 3.2. Key Findings

      • 3.2.1. Top Investment Pockets

      • 3.2.2. Top Winning Strategies

    • 3.3. Porter's Five Forces Analysis

      • 3.3.1. Bargaining Power of Suppliers

      • 3.3.2. Threat of New Entrants

      • 3.3.3. Threat of Substitutes

      • 3.3.4. Competitive Rivalry

      • 3.3.5. Bargaining Power among Buyers

    • 3.5. Market Dynamics

      • 3.5.1. Drivers

      • 3.5.2. Restraints

      • 3.5.3. Opportunities

    • 3.6. COVID-19 Impact Analysis

  • CHAPTER 4: OFFSHORE WIND TOWER MARKET, BY TYPE

    • 4.1. Market Overview

      • 4.1.1 Market Size and Forecast, By Type

    • 4.2. Steel Tower

      • 4.2.1. Key Market Trends, Growth Factors and Opportunities

      • 4.2.2. Market Size and Forecast, By Region

      • 4.2.3. Market Share Analysis, By Country

    • 4.3. Concrete Tower

      • 4.3.1. Key Market Trends, Growth Factors and Opportunities

      • 4.3.2. Market Size and Forecast, By Region

      • 4.3.3. Market Share Analysis, By Country

    • 4.4. Hybrid Tower

      • 4.4.1. Key Market Trends, Growth Factors and Opportunities

      • 4.4.2. Market Size and Forecast, By Region

      • 4.4.3. Market Share Analysis, By Country

  • CHAPTER 5: OFFSHORE WIND TOWER MARKET, BY COMPONENT

    • 5.1. Market Overview

      • 5.1.1 Market Size and Forecast, By Component

    • 5.2. Turbine

      • 5.2.1. Key Market Trends, Growth Factors and Opportunities

      • 5.2.2. Market Size and Forecast, By Region

      • 5.2.3. Market Share Analysis, By Country

    • 5.3. Support Structure

      • 5.3.1. Key Market Trends, Growth Factors and Opportunities

      • 5.3.2. Market Size and Forecast, By Region

      • 5.3.3. Market Share Analysis, By Country

    • 5.4. Electrical Infrastructure

      • 5.4.1. Key Market Trends, Growth Factors and Opportunities

      • 5.4.2. Market Size and Forecast, By Region

      • 5.4.3. Market Share Analysis, By Country

    • 5.5. Others

      • 5.5.1. Key Market Trends, Growth Factors and Opportunities

      • 5.5.2. Market Size and Forecast, By Region

      • 5.5.3. Market Share Analysis, By Country

  • CHAPTER 6: OFFSHORE WIND TOWER MARKET, BY DEPTH

    • 6.1. Market Overview

      • 6.1.1 Market Size and Forecast, By Depth

    • 6.2. And0 Less Than 30m

      • 6.2.1. Key Market Trends, Growth Factors and Opportunities

      • 6.2.2. Market Size and Forecast, By Region

      • 6.2.3. Market Share Analysis, By Country

    • 6.3. And30 Less Than 50m

      • 6.3.1. Key Market Trends, Growth Factors and Opportunities

      • 6.3.2. Market Size and Forecast, By Region

      • 6.3.3. Market Share Analysis, By Country

    • 6.4. And50m

      • 6.4.1. Key Market Trends, Growth Factors and Opportunities

      • 6.4.2. Market Size and Forecast, By Region

      • 6.4.3. Market Share Analysis, By Country

  • CHAPTER 7: OFFSHORE WIND TOWER MARKET, BY REGION

    • 7.1. Market Overview

      • 7.1.1 Market Size and Forecast, By Region

    • 7.2. North America

      • 7.2.1. Key Market Trends and Opportunities

      • 7.2.2. Market Size and Forecast, By Type

      • 7.2.3. Market Size and Forecast, By Component

      • 7.2.4. Market Size and Forecast, By Depth

      • 7.2.5. Market Size and Forecast, By Country

      • 7.2.6. U.S. Offshore Wind Tower Market

        • 7.2.6.1. Market Size and Forecast, By Type
        • 7.2.6.2. Market Size and Forecast, By Component
        • 7.2.6.3. Market Size and Forecast, By Depth

      • 7.2.7. Canada Offshore Wind Tower Market

        • 7.2.7.1. Market Size and Forecast, By Type
        • 7.2.7.2. Market Size and Forecast, By Component
        • 7.2.7.3. Market Size and Forecast, By Depth

      • 7.2.8. Mexico Offshore Wind Tower Market

        • 7.2.8.1. Market Size and Forecast, By Type
        • 7.2.8.2. Market Size and Forecast, By Component
        • 7.2.8.3. Market Size and Forecast, By Depth

    • 7.3. Europe

      • 7.3.1. Key Market Trends and Opportunities

      • 7.3.2. Market Size and Forecast, By Type

      • 7.3.3. Market Size and Forecast, By Component

      • 7.3.4. Market Size and Forecast, By Depth

      • 7.3.5. Market Size and Forecast, By Country

      • 7.3.6. France Offshore Wind Tower Market

        • 7.3.6.1. Market Size and Forecast, By Type
        • 7.3.6.2. Market Size and Forecast, By Component
        • 7.3.6.3. Market Size and Forecast, By Depth

      • 7.3.7. Germany Offshore Wind Tower Market

        • 7.3.7.1. Market Size and Forecast, By Type
        • 7.3.7.2. Market Size and Forecast, By Component
        • 7.3.7.3. Market Size and Forecast, By Depth

      • 7.3.8. Italy Offshore Wind Tower Market

        • 7.3.8.1. Market Size and Forecast, By Type
        • 7.3.8.2. Market Size and Forecast, By Component
        • 7.3.8.3. Market Size and Forecast, By Depth

      • 7.3.9. Spain Offshore Wind Tower Market

        • 7.3.9.1. Market Size and Forecast, By Type
        • 7.3.9.2. Market Size and Forecast, By Component
        • 7.3.9.3. Market Size and Forecast, By Depth

      • 7.3.10. UK Offshore Wind Tower Market

        • 7.3.10.1. Market Size and Forecast, By Type
        • 7.3.10.2. Market Size and Forecast, By Component
        • 7.3.10.3. Market Size and Forecast, By Depth

      • 7.3.11. Russia Offshore Wind Tower Market

        • 7.3.11.1. Market Size and Forecast, By Type
        • 7.3.11.2. Market Size and Forecast, By Component
        • 7.3.11.3. Market Size and Forecast, By Depth

      • 7.3.12. Rest Of Europe Offshore Wind Tower Market

        • 7.3.12.1. Market Size and Forecast, By Type
        • 7.3.12.2. Market Size and Forecast, By Component
        • 7.3.12.3. Market Size and Forecast, By Depth

    • 7.4. Asia-Pacific

      • 7.4.1. Key Market Trends and Opportunities

      • 7.4.2. Market Size and Forecast, By Type

      • 7.4.3. Market Size and Forecast, By Component

      • 7.4.4. Market Size and Forecast, By Depth

      • 7.4.5. Market Size and Forecast, By Country

      • 7.4.6. China Offshore Wind Tower Market

        • 7.4.6.1. Market Size and Forecast, By Type
        • 7.4.6.2. Market Size and Forecast, By Component
        • 7.4.6.3. Market Size and Forecast, By Depth

      • 7.4.7. Japan Offshore Wind Tower Market

        • 7.4.7.1. Market Size and Forecast, By Type
        • 7.4.7.2. Market Size and Forecast, By Component
        • 7.4.7.3. Market Size and Forecast, By Depth

      • 7.4.8. India Offshore Wind Tower Market

        • 7.4.8.1. Market Size and Forecast, By Type
        • 7.4.8.2. Market Size and Forecast, By Component
        • 7.4.8.3. Market Size and Forecast, By Depth

      • 7.4.9. South Korea Offshore Wind Tower Market

        • 7.4.9.1. Market Size and Forecast, By Type
        • 7.4.9.2. Market Size and Forecast, By Component
        • 7.4.9.3. Market Size and Forecast, By Depth

      • 7.4.10. Australia Offshore Wind Tower Market

        • 7.4.10.1. Market Size and Forecast, By Type
        • 7.4.10.2. Market Size and Forecast, By Component
        • 7.4.10.3. Market Size and Forecast, By Depth

      • 7.4.11. Thailand Offshore Wind Tower Market

        • 7.4.11.1. Market Size and Forecast, By Type
        • 7.4.11.2. Market Size and Forecast, By Component
        • 7.4.11.3. Market Size and Forecast, By Depth

      • 7.4.12. Malaysia Offshore Wind Tower Market

        • 7.4.12.1. Market Size and Forecast, By Type
        • 7.4.12.2. Market Size and Forecast, By Component
        • 7.4.12.3. Market Size and Forecast, By Depth

      • 7.4.13. Indonesia Offshore Wind Tower Market

        • 7.4.13.1. Market Size and Forecast, By Type
        • 7.4.13.2. Market Size and Forecast, By Component
        • 7.4.13.3. Market Size and Forecast, By Depth

      • 7.4.14. Rest of Asia Pacific Offshore Wind Tower Market

        • 7.4.14.1. Market Size and Forecast, By Type
        • 7.4.14.2. Market Size and Forecast, By Component
        • 7.4.14.3. Market Size and Forecast, By Depth

    • 7.5. LAMEA

      • 7.5.1. Key Market Trends and Opportunities

      • 7.5.2. Market Size and Forecast, By Type

      • 7.5.3. Market Size and Forecast, By Component

      • 7.5.4. Market Size and Forecast, By Depth

      • 7.5.5. Market Size and Forecast, By Country

      • 7.5.6. Brazil Offshore Wind Tower Market

        • 7.5.6.1. Market Size and Forecast, By Type
        • 7.5.6.2. Market Size and Forecast, By Component
        • 7.5.6.3. Market Size and Forecast, By Depth

      • 7.5.7. South Africa Offshore Wind Tower Market

        • 7.5.7.1. Market Size and Forecast, By Type
        • 7.5.7.2. Market Size and Forecast, By Component
        • 7.5.7.3. Market Size and Forecast, By Depth

      • 7.5.8. Saudi Arabia Offshore Wind Tower Market

        • 7.5.8.1. Market Size and Forecast, By Type
        • 7.5.8.2. Market Size and Forecast, By Component
        • 7.5.8.3. Market Size and Forecast, By Depth

      • 7.5.9. UAE Offshore Wind Tower Market

        • 7.5.9.1. Market Size and Forecast, By Type
        • 7.5.9.2. Market Size and Forecast, By Component
        • 7.5.9.3. Market Size and Forecast, By Depth

      • 7.5.10. Argentina Offshore Wind Tower Market

        • 7.5.10.1. Market Size and Forecast, By Type
        • 7.5.10.2. Market Size and Forecast, By Component
        • 7.5.10.3. Market Size and Forecast, By Depth

      • 7.5.11. Rest of LAMEA Offshore Wind Tower Market

        • 7.5.11.1. Market Size and Forecast, By Type
        • 7.5.11.2. Market Size and Forecast, By Component
        • 7.5.11.3. Market Size and Forecast, By Depth

  • CHAPTER 8: COMPETITIVE LANDSCAPE

    • 8.1. Introduction

    • 8.2. Top Winning Strategies

    • 8.3. Product Mapping Of Top 10 Player

    • 8.4. Competitive Dashboard

    • 8.5. Competitive Heatmap

    • 8.6. Top Player Positioning,2022

  • CHAPTER 9: COMPANY PROFILES

    • 9.1. Prysmian Group

      • 9.1.1. Company Overview

      • 9.1.2. Key Executives

      • 9.1.3. Company Snapshot

      • 9.1.4. Operating Business Segments

      • 9.1.5. Product Portfolio

      • 9.1.6. Business Performance

      • 9.1.7. Key Strategic Moves and Developments

    • 9.2. Nexans

      • 9.2.1. Company Overview

      • 9.2.2. Key Executives

      • 9.2.3. Company Snapshot

      • 9.2.4. Operating Business Segments

      • 9.2.5. Product Portfolio

      • 9.2.6. Business Performance

      • 9.2.7. Key Strategic Moves and Developments

    • 9.3. Sumitomo Electric Industries Ltd.

      • 9.3.1. Company Overview

      • 9.3.2. Key Executives

      • 9.3.3. Company Snapshot

      • 9.3.4. Operating Business Segments

      • 9.3.5. Product Portfolio

      • 9.3.6. Business Performance

      • 9.3.7. Key Strategic Moves and Developments

    • 9.4. Southwire Company, LLC

      • 9.4.1. Company Overview

      • 9.4.2. Key Executives

      • 9.4.3. Company Snapshot

      • 9.4.4. Operating Business Segments

      • 9.4.5. Product Portfolio

      • 9.4.6. Business Performance

      • 9.4.7. Key Strategic Moves and Developments

    • 9.5. LS Cable And System

      • 9.5.1. Company Overview

      • 9.5.2. Key Executives

      • 9.5.3. Company Snapshot

      • 9.5.4. Operating Business Segments

      • 9.5.5. Product Portfolio

      • 9.5.6. Business Performance

      • 9.5.7. Key Strategic Moves and Developments

    • 9.6. Furukawa Electric Co. Ltd.

      • 9.6.1. Company Overview

      • 9.6.2. Key Executives

      • 9.6.3. Company Snapshot

      • 9.6.4. Operating Business Segments

      • 9.6.5. Product Portfolio

      • 9.6.6. Business Performance

      • 9.6.7. Key Strategic Moves and Developments

    • 9.7. IMPSA

      • 9.7.1. Company Overview

      • 9.7.2. Key Executives

      • 9.7.3. Company Snapshot

      • 9.7.4. Operating Business Segments

      • 9.7.5. Product Portfolio

      • 9.7.6. Business Performance

      • 9.7.7. Key Strategic Moves and Developments

    • 9.8. Enessere Srl

      • 9.8.1. Company Overview

      • 9.8.2. Key Executives

      • 9.8.3. Company Snapshot

      • 9.8.4. Operating Business Segments

      • 9.8.5. Product Portfolio

      • 9.8.6. Business Performance

      • 9.8.7. Key Strategic Moves and Developments

    • 9.9. MHI Vestas

      • 9.9.1. Company Overview

      • 9.9.2. Key Executives

      • 9.9.3. Company Snapshot

      • 9.9.4. Operating Business Segments

      • 9.9.5. Product Portfolio

      • 9.9.6. Business Performance

      • 9.9.7. Key Strategic Moves and Developments

    • 9.10. General Electric

      • 9.10.1. Company Overview

      • 9.10.2. Key Executives

      • 9.10.3. Company Snapshot

      • 9.10.4. Operating Business Segments

      • 9.10.5. Product Portfolio

      • 9.10.6. Business Performance

      • 9.10.7. Key Strategic Moves and Developments

    • 9.11. Goldwind

      • 9.11.1. Company Overview

      • 9.11.2. Key Executives

      • 9.11.3. Company Snapshot

      • 9.11.4. Operating Business Segments

      • 9.11.5. Product Portfolio

      • 9.11.6. Business Performance

      • 9.11.7. Key Strategic Moves and Developments

    • 9.12. Siemens Gamesa Renewable Energy

      • 9.12.1. Company Overview

      • 9.12.2. Key Executives

      • 9.12.3. Company Snapshot

      • 9.12.4. Operating Business Segments

      • 9.12.5. Product Portfolio

      • 9.12.6. Business Performance

      • 9.12.7. Key Strategic Moves and Developments

  • LIST OF TABLES

  • TABLE 1. GLOBAL OFFSHORE WIND TOWER MARKET, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 2. GLOBAL OFFSHORE WIND TOWER MARKET FOR STEEL TOWER, BY REGION, 2022-2032 ($MILLION)
  • TABLE 3. GLOBAL OFFSHORE WIND TOWER MARKET FOR CONCRETE TOWER, BY REGION, 2022-2032 ($MILLION)
  • TABLE 4. GLOBAL OFFSHORE WIND TOWER MARKET FOR HYBRID TOWER, BY REGION, 2022-2032 ($MILLION)
  • TABLE 5. GLOBAL OFFSHORE WIND TOWER MARKET, BY COMPONENT, 2022-2032 ($MILLION)
  • TABLE 6. GLOBAL OFFSHORE WIND TOWER MARKET FOR TURBINE, BY REGION, 2022-2032 ($MILLION)
  • TABLE 7. GLOBAL OFFSHORE WIND TOWER MARKET FOR SUPPORT STRUCTURE, BY REGION, 2022-2032 ($MILLION)
  • TABLE 8. GLOBAL OFFSHORE WIND TOWER MARKET FOR ELECTRICAL INFRASTRUCTURE, BY REGION, 2022-2032 ($MILLION)
  • TABLE 9. GLOBAL OFFSHORE WIND TOWER MARKET FOR OTHERS, BY REGION, 2022-2032 ($MILLION)
  • TABLE 10. GLOBAL OFFSHORE WIND TOWER MARKET, BY DEPTH, 2022-2032 ($MILLION)
  • TABLE 11. GLOBAL OFFSHORE WIND TOWER MARKET FOR AND0 LESS THAN 30M, BY REGION, 2022-2032 ($MILLION)
  • TABLE 12. GLOBAL OFFSHORE WIND TOWER MARKET FOR AND30 LESS THAN 50M, BY REGION, 2022-2032 ($MILLION)
  • TABLE 13. GLOBAL OFFSHORE WIND TOWER MARKET FOR AND50M, BY REGION, 2022-2032 ($MILLION)
  • TABLE 14. GLOBAL OFFSHORE WIND TOWER MARKET, BY REGION, 2022-2032 ($MILLION)
  • TABLE 15. NORTH AMERICA OFFSHORE WIND TOWER, BY REGION, 2022-2032 ($MILLION)
  • TABLE 16. NORTH AMERICA OFFSHORE WIND TOWER, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 17. NORTH AMERICA OFFSHORE WIND TOWER, BY COMPONENT, 2022-2032 ($MILLION)
  • TABLE 18. NORTH AMERICA OFFSHORE WIND TOWER, BY DEPTH, 2022-2032 ($MILLION)
  • TABLE 19. U.S. OFFSHORE WIND TOWER, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 20. U.S. OFFSHORE WIND TOWER, BY COMPONENT, 2022-2032 ($MILLION)
  • TABLE 21. U.S. OFFSHORE WIND TOWER, BY DEPTH, 2022-2032 ($MILLION)
  • TABLE 22. CANADA OFFSHORE WIND TOWER, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 23. CANADA OFFSHORE WIND TOWER, BY COMPONENT, 2022-2032 ($MILLION)
  • TABLE 24. CANADA OFFSHORE WIND TOWER, BY DEPTH, 2022-2032 ($MILLION)
  • TABLE 25. MEXICO OFFSHORE WIND TOWER, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 26. MEXICO OFFSHORE WIND TOWER, BY COMPONENT, 2022-2032 ($MILLION)
  • TABLE 27. MEXICO OFFSHORE WIND TOWER, BY DEPTH, 2022-2032 ($MILLION)
  • TABLE 28. EUROPE OFFSHORE WIND TOWER, BY REGION, 2022-2032 ($MILLION)
  • TABLE 29. EUROPE OFFSHORE WIND TOWER, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 30. EUROPE OFFSHORE WIND TOWER, BY COMPONENT, 2022-2032 ($MILLION)
  • TABLE 31. EUROPE OFFSHORE WIND TOWER, BY DEPTH, 2022-2032 ($MILLION)
  • TABLE 32. FRANCE OFFSHORE WIND TOWER, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 33. FRANCE OFFSHORE WIND TOWER, BY COMPONENT, 2022-2032 ($MILLION)
  • TABLE 34. FRANCE OFFSHORE WIND TOWER, BY DEPTH, 2022-2032 ($MILLION)
  • TABLE 35. GERMANY OFFSHORE WIND TOWER, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 36. GERMANY OFFSHORE WIND TOWER, BY COMPONENT, 2022-2032 ($MILLION)
  • TABLE 37. GERMANY OFFSHORE WIND TOWER, BY DEPTH, 2022-2032 ($MILLION)
  • TABLE 38. ITALY OFFSHORE WIND TOWER, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 39. ITALY OFFSHORE WIND TOWER, BY COMPONENT, 2022-2032 ($MILLION)
  • TABLE 40. ITALY OFFSHORE WIND TOWER, BY DEPTH, 2022-2032 ($MILLION)
  • TABLE 41. SPAIN OFFSHORE WIND TOWER, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 42. SPAIN OFFSHORE WIND TOWER, BY COMPONENT, 2022-2032 ($MILLION)
  • TABLE 43. SPAIN OFFSHORE WIND TOWER, BY DEPTH, 2022-2032 ($MILLION)
  • TABLE 44. UK OFFSHORE WIND TOWER, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 45. UK OFFSHORE WIND TOWER, BY COMPONENT, 2022-2032 ($MILLION)
  • TABLE 46. UK OFFSHORE WIND TOWER, BY DEPTH, 2022-2032 ($MILLION)
  • TABLE 47. RUSSIA OFFSHORE WIND TOWER, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 48. RUSSIA OFFSHORE WIND TOWER, BY COMPONENT, 2022-2032 ($MILLION)
  • TABLE 49. RUSSIA OFFSHORE WIND TOWER, BY DEPTH, 2022-2032 ($MILLION)
  • TABLE 50. REST OF EUROPE OFFSHORE WIND TOWER, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 51. REST OF EUROPE OFFSHORE WIND TOWER, BY COMPONENT, 2022-2032 ($MILLION)
  • TABLE 52. REST OF EUROPE OFFSHORE WIND TOWER, BY DEPTH, 2022-2032 ($MILLION)
  • TABLE 53. ASIA-PACIFIC OFFSHORE WIND TOWER, BY REGION, 2022-2032 ($MILLION)
  • TABLE 54. ASIA-PACIFIC OFFSHORE WIND TOWER, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 55. ASIA-PACIFIC OFFSHORE WIND TOWER, BY COMPONENT, 2022-2032 ($MILLION)
  • TABLE 56. ASIA-PACIFIC OFFSHORE WIND TOWER, BY DEPTH, 2022-2032 ($MILLION)
  • TABLE 57. CHINA OFFSHORE WIND TOWER, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 58. CHINA OFFSHORE WIND TOWER, BY COMPONENT, 2022-2032 ($MILLION)
  • TABLE 59. CHINA OFFSHORE WIND TOWER, BY DEPTH, 2022-2032 ($MILLION)
  • TABLE 60. JAPAN OFFSHORE WIND TOWER, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 61. JAPAN OFFSHORE WIND TOWER, BY COMPONENT, 2022-2032 ($MILLION)
  • TABLE 62. JAPAN OFFSHORE WIND TOWER, BY DEPTH, 2022-2032 ($MILLION)
  • TABLE 63. INDIA OFFSHORE WIND TOWER, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 64. INDIA OFFSHORE WIND TOWER, BY COMPONENT, 2022-2032 ($MILLION)
  • TABLE 65. INDIA OFFSHORE WIND TOWER, BY DEPTH, 2022-2032 ($MILLION)
  • TABLE 66. SOUTH KOREA OFFSHORE WIND TOWER, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 67. SOUTH KOREA OFFSHORE WIND TOWER, BY COMPONENT, 2022-2032 ($MILLION)
  • TABLE 68. SOUTH KOREA OFFSHORE WIND TOWER, BY DEPTH, 2022-2032 ($MILLION)
  • TABLE 69. AUSTRALIA OFFSHORE WIND TOWER, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 70. AUSTRALIA OFFSHORE WIND TOWER, BY COMPONENT, 2022-2032 ($MILLION)
  • TABLE 71. AUSTRALIA OFFSHORE WIND TOWER, BY DEPTH, 2022-2032 ($MILLION)
  • TABLE 72. THAILAND OFFSHORE WIND TOWER, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 73. THAILAND OFFSHORE WIND TOWER, BY COMPONENT, 2022-2032 ($MILLION)
  • TABLE 74. THAILAND OFFSHORE WIND TOWER, BY DEPTH, 2022-2032 ($MILLION)
  • TABLE 75. MALAYSIA OFFSHORE WIND TOWER, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 76. MALAYSIA OFFSHORE WIND TOWER, BY COMPONENT, 2022-2032 ($MILLION)
  • TABLE 77. MALAYSIA OFFSHORE WIND TOWER, BY DEPTH, 2022-2032 ($MILLION)
  • TABLE 78. INDONESIA OFFSHORE WIND TOWER, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 79. INDONESIA OFFSHORE WIND TOWER, BY COMPONENT, 2022-2032 ($MILLION)
  • TABLE 80. INDONESIA OFFSHORE WIND TOWER, BY DEPTH, 2022-2032 ($MILLION)
  • TABLE 81. REST OF ASIA PACIFIC OFFSHORE WIND TOWER, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 82. REST OF ASIA PACIFIC OFFSHORE WIND TOWER, BY COMPONENT, 2022-2032 ($MILLION)
  • TABLE 83. REST OF ASIA PACIFIC OFFSHORE WIND TOWER, BY DEPTH, 2022-2032 ($MILLION)
  • TABLE 84. LAMEA OFFSHORE WIND TOWER, BY REGION, 2022-2032 ($MILLION)
  • TABLE 85. LAMEA OFFSHORE WIND TOWER, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 86. LAMEA OFFSHORE WIND TOWER, BY COMPONENT, 2022-2032 ($MILLION)
  • TABLE 87. LAMEA OFFSHORE WIND TOWER, BY DEPTH, 2022-2032 ($MILLION)
  • TABLE 88. BRAZIL OFFSHORE WIND TOWER, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 89. BRAZIL OFFSHORE WIND TOWER, BY COMPONENT, 2022-2032 ($MILLION)
  • TABLE 90. BRAZIL OFFSHORE WIND TOWER, BY DEPTH, 2022-2032 ($MILLION)
  • TABLE 91. SOUTH AFRICA OFFSHORE WIND TOWER, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 92. SOUTH AFRICA OFFSHORE WIND TOWER, BY COMPONENT, 2022-2032 ($MILLION)
  • TABLE 93. SOUTH AFRICA OFFSHORE WIND TOWER, BY DEPTH, 2022-2032 ($MILLION)
  • TABLE 94. SAUDI ARABIA OFFSHORE WIND TOWER, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 95. SAUDI ARABIA OFFSHORE WIND TOWER, BY COMPONENT, 2022-2032 ($MILLION)
  • TABLE 96. SAUDI ARABIA OFFSHORE WIND TOWER, BY DEPTH, 2022-2032 ($MILLION)
  • TABLE 97. UAE OFFSHORE WIND TOWER, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 98. UAE OFFSHORE WIND TOWER, BY COMPONENT, 2022-2032 ($MILLION)
  • TABLE 99. UAE OFFSHORE WIND TOWER, BY DEPTH, 2022-2032 ($MILLION)
  • TABLE 100. ARGENTINA OFFSHORE WIND TOWER, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 101. ARGENTINA OFFSHORE WIND TOWER, BY COMPONENT, 2022-2032 ($MILLION)
  • TABLE 102. ARGENTINA OFFSHORE WIND TOWER, BY DEPTH, 2022-2032 ($MILLION)
  • TABLE 103. REST OF LAMEA OFFSHORE WIND TOWER, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 104. REST OF LAMEA OFFSHORE WIND TOWER, BY COMPONENT, 2022-2032 ($MILLION)
  • TABLE 105. REST OF LAMEA OFFSHORE WIND TOWER, BY DEPTH, 2022-2032 ($MILLION)
  • TABLE 106. PRYSMIAN GROUP: KEY EXECUTIVES
  • TABLE 107. PRYSMIAN GROUP: COMPANY SNAPSHOT
  • TABLE 108. PRYSMIAN GROUP: OPERATING SEGMENTS
  • TABLE 109. PRYSMIAN GROUP: PRODUCT PORTFOLIO
  • TABLE 110. PRYSMIAN GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
  • TABLE 111. NEXANS: KEY EXECUTIVES
  • TABLE 112. NEXANS: COMPANY SNAPSHOT
  • TABLE 113. NEXANS: OPERATING SEGMENTS
  • TABLE 114. NEXANS: PRODUCT PORTFOLIO
  • TABLE 115. NEXANS: KEY STRATEGIC MOVES AND DEVELOPMENTS
  • TABLE 116. SUMITOMO ELECTRIC INDUSTRIES LTD.: KEY EXECUTIVES
  • TABLE 117. SUMITOMO ELECTRIC INDUSTRIES LTD.: COMPANY SNAPSHOT
  • TABLE 118. SUMITOMO ELECTRIC INDUSTRIES LTD.: OPERATING SEGMENTS
  • TABLE 119. SUMITOMO ELECTRIC INDUSTRIES LTD.: PRODUCT PORTFOLIO
  • TABLE 120. SUMITOMO ELECTRIC INDUSTRIES LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
  • TABLE 121. SOUTHWIRE COMPANY, LLC: KEY EXECUTIVES
  • TABLE 122. SOUTHWIRE COMPANY, LLC: COMPANY SNAPSHOT
  • TABLE 123. SOUTHWIRE COMPANY, LLC: OPERATING SEGMENTS
  • TABLE 124. SOUTHWIRE COMPANY, LLC: PRODUCT PORTFOLIO
  • TABLE 125. SOUTHWIRE COMPANY, LLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
  • TABLE 126. LS CABLE AND SYSTEM: KEY EXECUTIVES
  • TABLE 127. LS CABLE AND SYSTEM: COMPANY SNAPSHOT
  • TABLE 128. LS CABLE AND SYSTEM: OPERATING SEGMENTS
  • TABLE 129. LS CABLE AND SYSTEM: PRODUCT PORTFOLIO
  • TABLE 130. LS CABLE AND SYSTEM: KEY STRATEGIC MOVES AND DEVELOPMENTS
  • TABLE 131. FURUKAWA ELECTRIC CO. LTD.: KEY EXECUTIVES
  • TABLE 132. FURUKAWA ELECTRIC CO. LTD.: COMPANY SNAPSHOT
  • TABLE 133. FURUKAWA ELECTRIC CO. LTD.: OPERATING SEGMENTS
  • TABLE 134. FURUKAWA ELECTRIC CO. LTD.: PRODUCT PORTFOLIO
  • TABLE 135. FURUKAWA ELECTRIC CO. LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
  • TABLE 136. IMPSA: KEY EXECUTIVES
  • TABLE 137. IMPSA: COMPANY SNAPSHOT
  • TABLE 138. IMPSA: OPERATING SEGMENTS
  • TABLE 139. IMPSA: PRODUCT PORTFOLIO
  • TABLE 140. IMPSA: KEY STRATEGIC MOVES AND DEVELOPMENTS
  • TABLE 141. ENESSERE SRL: KEY EXECUTIVES
  • TABLE 142. ENESSERE SRL: COMPANY SNAPSHOT
  • TABLE 143. ENESSERE SRL: OPERATING SEGMENTS
  • TABLE 144. ENESSERE SRL: PRODUCT PORTFOLIO
  • TABLE 145. ENESSERE SRL: KEY STRATEGIC MOVES AND DEVELOPMENTS
  • TABLE 146. MHI VESTAS: KEY EXECUTIVES
  • TABLE 147. MHI VESTAS: COMPANY SNAPSHOT
  • TABLE 148. MHI VESTAS: OPERATING SEGMENTS
  • TABLE 149. MHI VESTAS: PRODUCT PORTFOLIO
  • TABLE 150. MHI VESTAS: KEY STRATEGIC MOVES AND DEVELOPMENTS
  • TABLE 151. GENERAL ELECTRIC: KEY EXECUTIVES
  • TABLE 152. GENERAL ELECTRIC: COMPANY SNAPSHOT
  • TABLE 153. GENERAL ELECTRIC: OPERATING SEGMENTS
  • TABLE 154. GENERAL ELECTRIC: PRODUCT PORTFOLIO
  • TABLE 155. GENERAL ELECTRIC: KEY STRATEGIC MOVES AND DEVELOPMENTS
  • TABLE 156. GOLDWIND: KEY EXECUTIVES
  • TABLE 157. GOLDWIND: COMPANY SNAPSHOT
  • TABLE 158. GOLDWIND: OPERATING SEGMENTS
  • TABLE 159. GOLDWIND: PRODUCT PORTFOLIO
  • TABLE 160. GOLDWIND: KEY STRATEGIC MOVES AND DEVELOPMENTS
  • TABLE 161. SIEMENS GAMESA RENEWABLE ENERGY: KEY EXECUTIVES
  • TABLE 162. SIEMENS GAMESA RENEWABLE ENERGY: COMPANY SNAPSHOT
  • TABLE 163. SIEMENS GAMESA RENEWABLE ENERGY: OPERATING SEGMENTS
  • TABLE 164. SIEMENS GAMESA RENEWABLE ENERGY: PRODUCT PORTFOLIO
  • TABLE 165. SIEMENS GAMESA RENEWABLE ENERGY: KEY STRATEGIC MOVES AND DEVELOPMENTS

  • LIST OF FIGURES

  • FIGURE 1. GLOBAL OFFSHORE WIND TOWER MARKET SEGMENTATION
  • FIGURE 2. GLOBAL OFFSHORE WIND TOWER MARKET
  • FIGURE 3. SEGMENTATION OFFSHORE WIND TOWER MARKET
  • FIGURE 4. TOP INVESTMENT POCKET IN OFFSHORE WIND TOWER MARKET
  • FIGURE 5. MODERATE BARGAINING POWER OF BUYERS
  • FIGURE 6. MODERATE BARGAINING POWER OF SUPPLIERS
  • FIGURE 7. MODERATE THREAT OF NEW ENTRANTS
  • FIGURE 8. LOW THREAT OF SUBSTITUTION
  • FIGURE 9. HIGH COMPETITIVE RIVALRY
  • FIGURE 10. OPPORTUNITIES, RESTRAINTS AND DRIVERS: GLOBALOFFSHORE WIND TOWER MARKET
  • FIGURE 11. OFFSHORE WIND TOWER MARKET SEGMENTATION, BY BY TYPE
  • FIGURE 12. OFFSHORE WIND TOWER MARKET FOR STEEL TOWER, BY COUNTRY, 2022-2032 ($MILLION)
  • FIGURE 13. OFFSHORE WIND TOWER MARKET FOR CONCRETE TOWER, BY COUNTRY, 2022-2032 ($MILLION)
  • FIGURE 14. OFFSHORE WIND TOWER MARKET FOR HYBRID TOWER, BY COUNTRY, 2022-2032 ($MILLION)
  • FIGURE 15. OFFSHORE WIND TOWER MARKET SEGMENTATION, BY BY COMPONENT
  • FIGURE 16. OFFSHORE WIND TOWER MARKET FOR TURBINE, BY COUNTRY, 2022-2032 ($MILLION)
  • FIGURE 17. OFFSHORE WIND TOWER MARKET FOR SUPPORT STRUCTURE, BY COUNTRY, 2022-2032 ($MILLION)
  • FIGURE 18. OFFSHORE WIND TOWER MARKET FOR ELECTRICAL INFRASTRUCTURE, BY COUNTRY, 2022-2032 ($MILLION)
  • FIGURE 19. OFFSHORE WIND TOWER MARKET FOR OTHERS, BY COUNTRY, 2022-2032 ($MILLION)
  • FIGURE 20. OFFSHORE WIND TOWER MARKET SEGMENTATION, BY BY DEPTH
  • FIGURE 21. OFFSHORE WIND TOWER MARKET FOR AND0 LESS THAN 30M, BY COUNTRY, 2022-2032 ($MILLION)
  • FIGURE 22. OFFSHORE WIND TOWER MARKET FOR AND30 LESS THAN 50M, BY COUNTRY, 2022-2032 ($MILLION)
  • FIGURE 23. OFFSHORE WIND TOWER MARKET FOR AND50M, BY COUNTRY, 2022-2032 ($MILLION)
  • FIGURE 24. TOP WINNING STRATEGIES, BY YEAR, 2020-2022*
  • FIGURE 25. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2020-2022*
  • FIGURE 26. TOP WINNING STRATEGIES, BY COMPANY, 2020-2022*
  • FIGURE 27. PRODUCT MAPPING OF TOP 10 PLAYERS
  • FIGURE 28. COMPETITIVE DASHBOARD
  • FIGURE 29. COMPETITIVE HEATMAP: OFFSHORE WIND TOWER MARKET
  • FIGURE 30. Top player positioning, 2022
  • FIGURE 31. PRYSMIAN GROUP: NET SALES, 2020-2022 ($MILLION)
  • FIGURE 32. PRYSMIAN GROUP: REVENUE SHARE, BY SEGMENT, 2032 (%)
  • FIGURE 33. PRYSMIAN GROUP: REVENUE SHARE, BY REGION, 2032 (%)
  • FIGURE 34. NEXANS: NET SALES, 2020-2022 ($MILLION)
  • FIGURE 35. NEXANS: REVENUE SHARE, BY SEGMENT, 2032 (%)
  • FIGURE 36. NEXANS: REVENUE SHARE, BY REGION, 2032 (%)
  • FIGURE 37. SUMITOMO ELECTRIC INDUSTRIES LTD.: NET SALES, 2020-2022 ($MILLION)
  • FIGURE 38. SUMITOMO ELECTRIC INDUSTRIES LTD.: REVENUE SHARE, BY SEGMENT, 2032 (%)
  • FIGURE 39. SUMITOMO ELECTRIC INDUSTRIES LTD.: REVENUE SHARE, BY REGION, 2032 (%)
  • FIGURE 40. SOUTHWIRE COMPANY, LLC: NET SALES, 2020-2022 ($MILLION)
  • FIGURE 41. SOUTHWIRE COMPANY, LLC: REVENUE SHARE, BY SEGMENT, 2032 (%)
  • FIGURE 42. SOUTHWIRE COMPANY, LLC: REVENUE SHARE, BY REGION, 2032 (%)
  • FIGURE 43. LS CABLE AND SYSTEM: NET SALES, 2020-2022 ($MILLION)
  • FIGURE 44. LS CABLE AND SYSTEM: REVENUE SHARE, BY SEGMENT, 2032 (%)
  • FIGURE 45. LS CABLE AND SYSTEM: REVENUE SHARE, BY REGION, 2032 (%)
  • FIGURE 46. FURUKAWA ELECTRIC CO. LTD.: NET SALES, 2020-2022 ($MILLION)
  • FIGURE 47. FURUKAWA ELECTRIC CO. LTD.: REVENUE SHARE, BY SEGMENT, 2032 (%)
  • FIGURE 48. FURUKAWA ELECTRIC CO. LTD.: REVENUE SHARE, BY REGION, 2032 (%)
  • FIGURE 49. IMPSA: NET SALES, 2020-2022 ($MILLION)
  • FIGURE 50. IMPSA: REVENUE SHARE, BY SEGMENT, 2032 (%)
  • FIGURE 51. IMPSA: REVENUE SHARE, BY REGION, 2032 (%)
  • FIGURE 52. ENESSERE SRL: NET SALES, 2020-2022 ($MILLION)
  • FIGURE 53. ENESSERE SRL: REVENUE SHARE, BY SEGMENT, 2032 (%)
  • FIGURE 54. ENESSERE SRL: REVENUE SHARE, BY REGION, 2032 (%)
  • FIGURE 55. MHI VESTAS: NET SALES, 2020-2022 ($MILLION)
  • FIGURE 56. MHI VESTAS: REVENUE SHARE, BY SEGMENT, 2032 (%)
  • FIGURE 57. MHI VESTAS: REVENUE SHARE, BY REGION, 2032 (%)
  • FIGURE 58. GENERAL ELECTRIC: NET SALES, 2020-2022 ($MILLION)
  • FIGURE 59. GENERAL ELECTRIC: REVENUE SHARE, BY SEGMENT, 2032 (%)
  • FIGURE 60. GENERAL ELECTRIC: REVENUE SHARE, BY REGION, 2032 (%)
  • FIGURE 61. GOLDWIND: NET SALES, 2020-2022 ($MILLION)
  • FIGURE 62. GOLDWIND: REVENUE SHARE, BY SEGMENT, 2032 (%)
  • FIGURE 63. GOLDWIND: REVENUE SHARE, BY REGION, 2032 (%)
  • FIGURE 64. SIEMENS GAMESA RENEWABLE ENERGY: NET SALES, 2020-2022 ($MILLION)
  • FIGURE 65. SIEMENS GAMESA RENEWABLE ENERGY: REVENUE SHARE, BY SEGMENT, 2032 (%)
  • FIGURE 66. SIEMENS GAMESA RENEWABLE ENERGY: REVENUE SHARE, BY REGION, 2032 (%)

 
 
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