Global Offshore Wind Energy Market Forecasts to 2025 - Delayed Regulatory Approvals and Stringent Labour Laws Restraining Growth - Research and Markets

The "Global Offshore Wind Energy Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 to 2025" report has been added to Research and Markets' offering.

The offshore wind energy market was 15.0 GW in 2017, and is expected to reach 65.5 GW by 2025, expanding at a CAGR of 12.0% from 2017 to 2025.

Rising energy demand and growing concerns over the emission of greenhouse gases is influencing the governments to promote the adoption renewable energy source such as wind and solar.

Increasing investment in the offshore wind projects especially in is anticipated to fuel the growth of offshore wind energy market. However, high cost of installation, delayed regulatory approvals and stringent labour laws are factors expected to restraint the growth of offshore wind energy market.

Germany is projected to be the fastest growing segment among all an countries during the forecast period. High number of approved and pipeline projects coupled with increasing investment from private sector in offshore wind energy is anticipated to fuel the growth of offshore wind energy in the region. The country is anticipated to witness addition of 4.5 GW capacity of installation offshore wind energy from under construction projects in next five years.

Other regions such as Denmark and Netherlands are also anticipated to witness high growth.

Key Topics Covered:

1. Preface

2. Executive Summary

3. Global Offshore Wind Energy Market Dynamics

4. Offshore Wind Energy Market Size (US$ Mn) (MW), By Geography, 2015 - 2025

5. Company Profiles

• Dong Energy A/S
• Siemens Wind Power
• Goldwind Science and Technology Co., Ltd.
• GE Wind Energy
• Sinovel Wind Group Co., Ltd.
• Gamesa Corporacion Tecnologica SA
• Suzlon Group
• Nordex SE
• Vestas Wind Systems A/S

For more information about this report visit https://www.researchandmarkets.com/research/ppb23d/global_offshore?w=4

View source version on businesswire.com: http://www.businesswire.com/news/home/20171212005688/en/