Offshore Wind to be Biggest Renewable Power Market Segment By 2020

DALLAS, February 11, 2015 /PRNewswire/ --

Global wind power market is set to reach 40 gigawatts with 28% CAGR to 2020 according to "Offshore Wind Turbines and Foundations - Global Market Size, Market Share, Regulations and Key Country Analysis to 2020" report available with RnRMarketResearch.com.

The report "Offshore Wind Turbines and Foundations - Global Market Size, Market Share, Regulations and Key Country Analysis to 2020" analyzes offshore installed capacity, power generation, average wind turbine sizes, average installation prices and annual investment by turbine and foundations, both globally and for seven key countries. With more countries utilizing offshore wind potential, the global offshore wind power market is expected to increase more than fivefold from 7.1 Gigawatts (GW) in 2013 to 39.9 GW by 2020, representing a Compound Annual Growth Rate (CAGR) of 28%. This report analyzes the global offshore wind turbine and foundations market, as well as the offshore wind markets in the UK, Germany, Denmark, Belgium, China, South Korea and the US.

This latest report states that the global offshore wind energy space registered substantial growth between 2006 and 2013, rising from 0.9 GW in 2006 to 7.1 GW in 2013, at a higher CAGR of 33.9%. Of this, 1.6 GW came online in 2013, driven mainly by the UK, Germany, Denmark and Belgium. The annual investment in global offshore wind turbines, foundations and balance of plant was worth an estimated $8 billion in 2013. The offshore market is expected to become one of the biggest renewable power market segments during the forecast period (2014-2020). The UK, Germany and China will be major offshore wind power drivers, with a number of projects currently in the planning and construction stages.

Offshore wind is now expected to become one of the largest renewable power market segments by 2020. The UK, Germany and China will contribute significantly towards this, thanks to a number of projects currently in the planning and construction stages. The report also includes market shares by turbine manufacturers, active and upcoming offshore projects and major regulations for each country. The report also examines the offshore global foundations market, which includes installed capacity by foundation type and competitive analysis of key global offshore foundation manufacturers. An analysis of the market drivers and restraints is provided for the global offshore wind power market. Order a Purchase copy of this report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=206161 . (This is a premium report priced at US$3995 for a single user License.)

Scope cover by this report: The report provides in-depth analysis of the global offshore wind turbine and foundations market, as well as the offshore wind markets in the UK, Germany, Denmark, Belgium, China, South Korea and the US.; It covers offshore wind installations, average turbine sizes (in MW), average installation prices ($m/MW) and investment analysis between 2006 and 2020.; It also examines the market shares of leading players in the global offshore wind market in 2013, and the major regulations for offshore power in each country.; analyses the key drivers and restraints impacting the global offshore wind market.

Explore more reports on Wind Power market @ http://www.rnrmarketresearch.com/reports/energy-power/energy/power/wind-power .

Get more reports on Wind Power:

Wind Power, Update 2014 - Global Market Size, Average Price, Competitive Landscape, and Key Country Analysis to 2020 

The report provides clear understanding and detailed insights into the global wind power market. It explains the key drivers and challenges affecting the market, and also provides data regarding the historic and forecast growth of the wind power market, average turbine prices, market size, and competitive landscape, globally and also in the key wind power countries of Germany, Spain, the UK, the US, Canada, China and India. The report provides detailed historic and forecast statistics for annual wind power installations and average turbine prices from 2006 to 2020, globally and for each of the key countries.Detailed technology and cost analyses of the wind turbine are also provided. Get complete report details @ http://www.rnrmarketresearch.com/wind-power-update-2014-global-market-size-average-price-competitive-landscape-and-key-country-analysis-to-2020-market-report.html .

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This latest report offering comprehensive information and analysis of the global wind turbine tower market. The report provides clear understanding and deep insights into the global wind turbine tower market. It explains the key drivers and challenges impacting the market, and also provides data regarding historic and forecast growth of the wind turbine tower market, average prices, market segmentation, and competitive landscape, globally and also in key wind power countries Germany, Spain, the UK, the US, Canada, China and India. The report provides technology and cost analyses for wind turbine towers and explains the different materials used in constructing a tower. The report also covers the key growth drivers and challenges related to wind turbine tower market globally. Get complete report details @ http://www.rnrmarketresearch.com/wind-turbine-towers-update-2014-global-market-size-average-price-competitive-landscape-and-key-country-analysis-to-2020-market-report.html .

Wind Turbine Gearbox and Direct-Drive Systems, 2014 Update - Global Market Size, Gearbox Refurbishments, Competitive Landscape and Key Country Analysis to 2020 

The report provides clear understanding of the wind turbine drive systems market including gearbox and direct-drive market. It provides deep insight into the market and also provides data regarding historic and forecast growth. The report covers information on gearbox installations, average price, market size, refurbishment market of gearbox and capacity of turbines with direct-drives. Report provides data on market size, units installed and average price of the wind turbine gearbox market from 2006-2020 for global and key countries. Get complete report details @ http://www.rnrmarketresearch.com/wind-turbine-gearbox-and-direct-drive-systems-2014-update-global-market-size-gearbox-refurbishments-competitive-landscape-and-key-country-analysis-to-2020-market-report.html .

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