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Global offshore wind market projected to grow at 25.47% CAGR during 2016-2021

By Michelle Froese | April 25, 2017

Over the recent years, the global offshore wind energy industry has been growing rapidly as the global total installed capacity has been witnessing rapid growth.

Globally, the growth in the offshore wind energy market is driven by increasing demand of clean energy, larger coastal regions, and abundant resource of energy and low cost from the other technology such as nuclear plant and coal plants.

According to a recent report by Research and Markets, the global market is projected to display a robust growth represented by a CAGR of 25.47% during 2016-2021, chiefly driven by increasing demand of clean energy, governments regulatory frameworks and advancements in new technologies.

According to the new report, “Global Offshore Wind Energy Market: Analysis by Region, by Country: Opportunities & Forecast,” North America is predicted to advance at the highest rate, mainly driven by government subsidies, financial support from European banks, and wind-energy associations.

Among other countries, Germany in Europe and South Korea in Asia are predicted to advance at the highest rate driven by higher investments by native companies and government subsidies.

The report has covered and analyzed the potential of Global Offshore Wind energy Market and provides statistics, and information on market size, shares, and growth factors. The report also identifies and analyzes the emerging trends along with major drivers, challenges, and opportunities in the global food service equipment market.

Additionally, the report also highlights market entry strategies for various companies across the globe.

Key report topics covered include:
1. Research Methodology
2. Executive Summary
3. Strategic Recommendation
4. Offshore Wind Energy Market Outlook
5. Global Offshore Wind Energy Market: Growth and Forecast
6. Global Offshore Wind Energy Market: Regional Analysis
7. Market Dynamics
8. Market trends
9. Porter’s Five Forces Analysis-Offshore Wind Energy market
10. SWOT Analysis- Offshore Wind Energy market
11. Competitive Landscape
12. Policy Regulations
13. Company Profiling

For more information about this report, click here.


Filed Under: News, Offshore wind
Tagged With: reserchandmarkets
 

About The Author

Michelle Froese

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