Market Overview:
The global off-shore wind power installation service market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for clean and renewable energy sources across the globe. In addition, government initiatives and regulations supporting the deployment of off-shore wind farms are also contributing to the growth of this market. The global off-shore wind power installation service market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into base installation, fan installation, blade installation, and others. The application segment includes commercial and residential segments.
Product Definition:
Off-shore wind power installation is the process of installing a wind turbine in open water, typically offshore. Installation services may include design and engineering, procurement, construction, installation and commissioning.
Base Installation:
The global base installation, it's usage and growth factor in the off-shore wind power installation services market size was valued at USD 2.5 billion in 2015. The industry is anticipated to witness significant growth over the forecast period owing to growing energy demand across the globe coupled with favorable government initiatives for clean energy sources.
Base installation includes equipment such as foundations, concrete bases, electrical equipment and turbines among others.
Fan Installation:
The global fan installation and it’s usage in the off-shore wind power installation service market size was valued at USD 2.5 billion in 2016. The growing need for energy, rapid industrialization & urbanization, and rising population are expected to drive the demand over the forecast period.
Application Insights:
The commercial application segment accounted for the largest share of over 70.0% in 2017 and is projected to witness significant growth over the forecast period. The growing number of commercial projects, such as power purchase agreements with utility companies, government support for on-shore wind energy projects and tax credits offered by country governments are expected to drive the market growth in this segment.
Residential application is expected to be one of the fastest-growing segments owing to increasing demand from residential consumers for off-shore wind power installation services due to high costs associated with electricity supply coupled with rising awareness regarding environment protection. Rising consumer disposable income levels along with government initiatives promoting energy conservation are anticipated fuel product demand in this segment during future years.
Regional Analysis:
Europe accounted for the largest market share of over 35% in 2017. The region is expected to dominate the offshore wind power installation services market throughout the forecast period, with Germany at its forefront. In addition, Denmark and Netherlands are also expected to be significant contributors in terms of new installations and capacity additions.
The U.K., which has been a strong advocate of offshore wind power generation since its inception, is likely to witness exponential growth over the coming years owing to favorable government policies encouraging investments in clean energy sources such as offshore wind farms along with other renewable energy projects that would help reduce carbon footprint associated with electricity generation sector thereby benefitting end-users’ cost of electricity production through lower fuel costs and reduced operational expenditure (OPEX).
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization in developing countries
- Government policies and regulations supporting the development of renewable energy sources
- Reduction in the cost of wind power installations due to technological advancements
- Growing awareness about the benefits of using renewable energy sources
- Expansion of the electric grid infrastructure to accommodate increasing volumes of wind power
Scope Of The Report
Report Attributes
Report Details
Report Title
Off-Shore Wind Power Installation Service Market Research Report
By Type
Base Installation, Fan Installation, Blade Installation
By Application
Commercial, Residential
By Companies
Seajacks, Global Wind Service (GWS), Royal Boskalis Westminster, SSC Wind GmbH, A2SEA A/S, Fugro, Briggs Group, Fred. Olsen Windcarrier, Semco, Orano, JD-Contractor A/S, Van Oord
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
125
Number of Tables & Figures
88
Customization Available
Yes, the report can be customized as per your need.
Global Off-Shore Wind Power Installation Service Market Report Segments:
The global Off-Shore Wind Power Installation Service market is segmented on the basis of:
Types
Base Installation, Fan Installation, Blade Installation
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Residential
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Seajacks
- Global Wind Service (GWS)
- Royal Boskalis Westminster
- SSC Wind GmbH
- A2SEA A/S
- Fugro
- Briggs Group
- Fred. Olsen Windcarrier
- Semco
- Orano
- JD-Contractor A/S
- Van Oord
Highlights of The Off-Shore Wind Power Installation Service Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Base Installation
- Fan Installation
- Blade Installation
- By Application:
- Commercial
- Residential
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Off-Shore Wind Power Installation Service Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Off-shore wind power installation service is a specialized field that provides installation, commissioning and maintenance of offshore wind turbines.
Some of the major companies in the off-shore wind power installation service market are Seajacks, Global Wind Service (GWS), Royal Boskalis Westminster, SSC Wind GmbH, A2SEA A/S, Fugro, Briggs Group, Fred. Olsen Windcarrier, Semco, Orano, JD-Contractor A/S, Van Oord.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Off-Shore Wind Power Installation Service Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Off-Shore Wind Power Installation Service Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Off-Shore Wind Power Installation Service Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Off-Shore Wind Power Installation Service Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Off-Shore Wind Power Installation Service Market Size & Forecast, 2018-2028
4.5.1 Off-Shore Wind Power Installation Service Market Size and Y-o-Y Growth
4.5.2 Off-Shore Wind Power Installation Service Market Absolute $ Opportunity
Chapter 5 Global Off-Shore Wind Power Installation Service Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Off-Shore Wind Power Installation Service Market Size Forecast by Type
5.2.1 Base Installation
5.2.2 Fan Installation
5.2.3 Blade Installation
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Off-Shore Wind Power Installation Service Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Off-Shore Wind Power Installation Service Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Off-Shore Wind Power Installation Service Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Off-Shore Wind Power Installation Service Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Off-Shore Wind Power Installation Service Analysis and Forecast
9.1 Introduction
9.2 North America Off-Shore Wind Power Installation Service Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Off-Shore Wind Power Installation Service Market Size Forecast by Type
9.6.1 Base Installation
9.6.2 Fan Installation
9.6.3 Blade Installation
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Off-Shore Wind Power Installation Service Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Residential
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Off-Shore Wind Power Installation Service Analysis and Forecast
10.1 Introduction
10.2 Europe Off-Shore Wind Power Installation Service Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Off-Shore Wind Power Installation Service Market Size Forecast by Type
10.6.1 Base Installation
10.6.2 Fan Installation
10.6.3 Blade Installation
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Off-Shore Wind Power Installation Service Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Residential
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Off-Shore Wind Power Installation Service Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Off-Shore Wind Power Installation Service Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Off-Shore Wind Power Installation Service Market Size Forecast by Type
11.6.1 Base Installation
11.6.2 Fan Installation
11.6.3 Blade Installation
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Off-Shore Wind Power Installation Service Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Residential
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Off-Shore Wind Power Installation Service Analysis and Forecast
12.1 Introduction
12.2 Latin America Off-Shore Wind Power Installation Service Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Off-Shore Wind Power Installation Service Market Size Forecast by Type
12.6.1 Base Installation
12.6.2 Fan Installation
12.6.3 Blade Installation
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Off-Shore Wind Power Installation Service Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Residential
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Off-Shore Wind Power Installation Service Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Off-Shore Wind Power Installation Service Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Off-Shore Wind Power Installation Service Market Size Forecast by Type
13.6.1 Base Installation
13.6.2 Fan Installation
13.6.3 Blade Installation
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Off-Shore Wind Power Installation Service Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Residential
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Off-Shore Wind Power Installation Service Market: Competitive Dashboard
14.2 Global Off-Shore Wind Power Installation Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Seajacks
14.3.2 Global Wind Service (GWS)
14.3.3 Royal Boskalis Westminster
14.3.4 SSC Wind GmbH
14.3.5 A2SEA A/S
14.3.6 Fugro
14.3.7 Briggs Group
14.3.8 Fred. Olsen Windcarrier
14.3.9 Semco
14.3.10 Orano
14.3.11 JD-Contractor A/S
14.3.12 Van Oord
