Offshore
wind energy is the technology used to generate electricity from the
wind using wind turbines constructed near the coastline of oceans and
lakes. Offshore wind energy is the technology used to generate
electricity from the wind using wind turbines constructed near the
coastline of oceans and lakes. Offshore wind energy offers various
advantages such as, installations of offshore wind energy allows in
reduction of the overall capital expenditure. The energy generation
are at higher speeds on offshore than on onshore which positively
impact on triggering the market growth.
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Increasing
demand for the renewable sources in power generation is the major
factor driving growth of the offshore wind energy market
Increasing
demand for renewable sources in power generation is major driver for
the growth of offshore wind energy market. Increase in the energy
consumption and rise in environmental concerns regarding the
depletion of natural resources is major factor for increasing the
demand for renewable sources in power generation. For instance,
according to the Electronic Industries Alliance (EIA) organization,
the total world energy consumption rises from 575 quadrillion British
thermal units (Btu) in 2015 to 736 quadrillion Btu in 2040, an
increase of 28%. Therefore, increasing energy consumptions leading to
rise the demand of renewable sources in power generation positively
influenced growth of offshore wind energy market.
The
turbine segment is projected to hold the largest segment in the
market
The
turbine segment held largest market share in 2016 and is projected to
retain its dominance throughout the forecast period. The increasing
energy production become one of the growth of this segment in the
market. For instance, according to the World Energy Organisation
(WEO) the power generation particularly from wind and solar energy
increased up to 200GW from 2013 to 2015, globally. In addition to
this, the rising demand of technically advanced turbines have also
accelerated the segment in this market. For instance, the turbine
manufacturers such as C&F Green Energy, Bergey Wind Power, and
Kelso Energy LTD are updating the turbines with advanced technologies
such as onboard sensors, advanced rotor with the features of
injection and compression moulding.
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more
information
@:
https://www.coherentmarketinsights.com/ongoing-insight/offshore-wind-energy-market-1417
Global
Offshore Wind Energy Market: Competitive background
Key
players operating in the offshore wind market include Siemens AG
(Germany), ABB, Ltd. (Switzerland), A2Sea (Denmark), Nexans (France),
EEW Group (Germany), General Electric (U.S.), Northland Power,
Enercon GmbH, Gamesa Corporacion Technologica S.A., and Guodian
United Power Technology Company Ltd.
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