Report Code: A02744 | Nov 2023 | Pages: NA | ||
Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Offshore Wind Turbine Installation Vessel Market
Request Now !Offshore wind turbine installation is done offshore to harvest wind energy and thereby generate electricity. This is done usually on continental shelf. A wind turbine installation vessel is a vessel specially designed for the installation of offshore wind turbines. Other than transportation, installation, and accommodation of offshore wind turbines, these vessels are also suitable to install other offshore facilities such as tidal current turbines, wave energy generators, met masts, and oil & gas infrastructure.
Increase in preference for alternative and renewable sources of energy due to rise in concerns of pollution and global warming has fueled the growth of the global offshore wind turbine installation vessel market. Wind energy is more at offshore rather than on land, hence offshore vehicles possess high growth potential. However, construction of offshore wind farms is significantly affected by hostile weather conditions and downtime due to extreme weather conditions is high, which retrain the market growth. Initiatives taken by the governments to develop greener sources of energy are expected to provide lucrative opportunities for the market.
The market for the offshore wind turbine vessel is segmented into type and geography. On the basis of type, the market is categorized into self-propelled jack-up vessel, normal jack-up vessel, and heavy lift vessel. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The key players mentioned in the report are A2SEA, Fred. Olsen Windcarrier, Gaoh Offshore, Geosea, Jack-Up Barge, MPI-Offshore, SEAFOX, Seajacks, Swire Blue Ocean, and Van Oord.
Key Benefits
Key Players
Offshore Wind Turbine Installation Vessel Market Report Highlights
Aspects | Details |
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By Type |
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By Region |
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Key Market Players | Van Oord, SEAFOX, A2SEA, Swire Blue Ocean, Gaoh Offshore, Fred. Olsen Windcarrier, Seajacks, Geosea, Jack-Up Barge, MPI-Offshore |
Other Key Market Players | NO.3 Engineering, Longyuan Power |
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