Market Overview:
The Global Wind Energy Foundation Market is expected to grow at a CAGR of XX% from 2018 to 2030. The market growth factors include the increasing demand for clean and renewable energy, rising awareness about the benefits of wind energy, and government initiatives to promote wind power. The market is segmented by type into monopile, jacket/tripod space frame, TLP/semi-sub floating structure, tri-pile space frame, gravity based structure (GBS), and other. The offshore segment is expected to dominate the market during the forecast period owing to the increasing demand for wind energy in coastal areas. However, onshore applications are also projected to grow at a high rate due to advancements in turbine technology that have made them more efficient and economical for deployment in onshore locations. Geographically, the global wind energy foundation market is segmented into North America, Latin America Europe Asia Pacific Middle East & Africa).
Product Definition:
Wind Energy Foundation is a nonprofit, nonpartisan organization that promotes the use of wind energy. It was founded in 1974 and is based in Washington, D.C.
Monopile:
Monopile is a type of wind turbine which consists of a single main shaft, with the rotor blades fixed at the end of it. The basic design has been adopted by manufacturers all over the world and numerous variants have been developed to suit different sites conditions.
The advantages associated with monopiles are that they are cheaper to manufacture than their counterparts and also require lesser space for installation.
Jacket/Tripod Space Frame:
The global jacket/tripod space frame and it's usage in the wind energy market is expected to witness significant growth over the forecast period. The key driver for this market is a rapid increase in demand for renewable energy coupled with government support across various regions. For instance, according to IEEFA, China will require an additional 2,600 MW of offshore wind power by 2020 which is further expected to grow at a CAGR of XX% from 2017-2022.
Application Insights:
Onshore application accounted for the largest market share of over 75% in 2017. The growing need to curb rising carbon emissions and develop renewable sources of energy has propelled the demand for wind energy onshore applications across the world. Onshore wind farms are usually located in remote areas, where there is no threat of visual pollution and environmental degradation caused by huge structures.
The offshore segment is expected to expand at a CAGR near 10% from 2018 to 2030 owing to increasing government support & initiatives towards development along with technological advancements that have made this type of wind farm more efficient and cost-effective than ever before. The foundations used in offshore turbines are subject to extreme pressure, corrosion resistance environment temperature changes & water depth requirements which may affect product demand over the forecast period.
Regional Analysis:
The wind energy foundation market in the Asia Pacific region is expected to grow at a rapid pace over the forecast period. The growth can be attributed to increasing government support for developing wind farms and rising awareness among people about renewable energy. For instance, China has set an annual target of installing around 150 GW worth of capacity by 2020, which if fulfilled would mean an addition of around 45 GW annually. This is likely to have a positive impact on the overall market over the next eight years.
In 2016, Denmark was one of Europe’s largest markets for wind turbines as it had more than 1 million inhabitants at that time; however, its population declined subsequently owing to mass emigration overseas.- USD X billion were spent on offshore projects in 2017 which accounted for nearly half (47%)of total investments across all European countries during that year- In 2015 Spain emerged as one of Europe’s largest markets with regard to both land-based and marine based turbines.
Growth Factors:
- Increasing demand for wind energy due to its environmental benefits and low cost
- Government policies and regulations supporting the growth of wind energy
- Technological advancements making wind turbines more efficient and reliable
- Growing number of companies investing in wind energy projects
- Rising awareness about the benefits of using renewable energy sources
Scope Of The Report
Report Attributes
Report Details
Report Title
Wind Energy Foundation Market Research Report
By Type
Monopile, Jacket/Tripod Space Frame, TLP/Semi-Sub Floating Structure, Tri-Pile Space Frame, Gravity Based Structure (GBS), Other
By Application
Offshore, Onshore
By Companies
Bladt Industries A/S, Blue H Engineering BV, Dillinger Group, DONG Energy (UK) Ltd., Fugro, Marine Innovation & Technology, MT Hojgaard and Statoil, Offshore Wind Power Systems of Texas LLC, OWEC Tower AS, Principle Power, Inc., Ramboll Group, Equinor, Suzlon Energy Limited, SWAY AS, TAG Energy Solutions Ltd
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
128
Number of Tables & Figures
90
Customization Available
Yes, the report can be customized as per your need.
Global Wind Energy Foundation Market Report Segments:
The global Wind Energy Foundation market is segmented on the basis of:
Types
Monopile, Jacket/Tripod Space Frame, TLP/Semi-Sub Floating Structure, Tri-Pile Space Frame, Gravity Based Structure (GBS), Other
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
Offshore, Onshore
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:
- Bladt Industries A/S
- Blue H Engineering BV
- Dillinger Group
- DONG Energy (UK) Ltd.
- Fugro
- Marine Innovation & Technology
- MT Hojgaard and Statoil
- Offshore Wind Power Systems of Texas LLC
- OWEC Tower AS
- Principle Power, Inc.
- Ramboll Group
- Equinor
- Suzlon Energy Limited
- SWAY AS
- TAG Energy Solutions Ltd
Highlights of The Wind Energy Foundation 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:
- Monopile
- Jacket/Tripod Space Frame
- TLP/Semi-Sub Floating Structure
- Tri-Pile Space Frame
- Gravity Based Structure (GBS)
- Other
- By Application:
- Offshore
- Onshore
- 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 Wind Energy Foundation 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:
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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?
Wind Energy Foundation is a 501(c)(3) nonprofit organization that works to advance the use of wind energy globally. The foundation provides resources and support to help wind power become more affordable, accessible, and reliable. Wind Energy Foundation also educates the public about the benefits of wind energy and its potential role in mitigating climate change.
Some of the key players operating in the wind energy foundation market are Bladt Industries A/S, Blue H Engineering BV, Dillinger Group, DONG Energy (UK) Ltd., Fugro, Marine Innovation & Technology, MT Hojgaard and Statoil, Offshore Wind Power Systems of Texas LLC, OWEC Tower AS, Principle Power, Inc., Ramboll Group, Equinor, Suzlon Energy Limited, SWAY AS, TAG Energy Solutions Ltd.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wind Energy Foundation 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 Wind Energy Foundation Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wind Energy Foundation 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 Wind Energy Foundation 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 Wind Energy Foundation Market Size & Forecast, 2018-2028
4.5.1 Wind Energy Foundation Market Size and Y-o-Y Growth
4.5.2 Wind Energy Foundation Market Absolute $ Opportunity
Chapter 5 Global Wind Energy Foundation 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 Wind Energy Foundation Market Size Forecast by Type
5.2.1 Monopile
5.2.2 Jacket/Tripod Space Frame
5.2.3 TLP/Semi-Sub Floating Structure
5.2.4 Tri-Pile Space Frame
5.2.5 Gravity Based Structure (GBS)
5.2.6 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wind Energy Foundation 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 Wind Energy Foundation Market Size Forecast by Applications
6.2.1 Offshore
6.2.2 Onshore
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wind Energy Foundation 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 Wind Energy Foundation 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 Wind Energy Foundation Analysis and Forecast
9.1 Introduction
9.2 North America Wind Energy Foundation 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 Wind Energy Foundation Market Size Forecast by Type
9.6.1 Monopile
9.6.2 Jacket/Tripod Space Frame
9.6.3 TLP/Semi-Sub Floating Structure
9.6.4 Tri-Pile Space Frame
9.6.5 Gravity Based Structure (GBS)
9.6.6 Other
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 Wind Energy Foundation Market Size Forecast by Applications
9.10.1 Offshore
9.10.2 Onshore
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 Wind Energy Foundation Analysis and Forecast
10.1 Introduction
10.2 Europe Wind Energy Foundation 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 Wind Energy Foundation Market Size Forecast by Type
10.6.1 Monopile
10.6.2 Jacket/Tripod Space Frame
10.6.3 TLP/Semi-Sub Floating Structure
10.6.4 Tri-Pile Space Frame
10.6.5 Gravity Based Structure (GBS)
10.6.6 Other
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 Wind Energy Foundation Market Size Forecast by Applications
10.10.1 Offshore
10.10.2 Onshore
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 Wind Energy Foundation Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wind Energy Foundation 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 Wind Energy Foundation Market Size Forecast by Type
11.6.1 Monopile
11.6.2 Jacket/Tripod Space Frame
11.6.3 TLP/Semi-Sub Floating Structure
11.6.4 Tri-Pile Space Frame
11.6.5 Gravity Based Structure (GBS)
11.6.6 Other
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 Wind Energy Foundation Market Size Forecast by Applications
11.10.1 Offshore
11.10.2 Onshore
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 Wind Energy Foundation Analysis and Forecast
12.1 Introduction
12.2 Latin America Wind Energy Foundation 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 Wind Energy Foundation Market Size Forecast by Type
12.6.1 Monopile
12.6.2 Jacket/Tripod Space Frame
12.6.3 TLP/Semi-Sub Floating Structure
12.6.4 Tri-Pile Space Frame
12.6.5 Gravity Based Structure (GBS)
12.6.6 Other
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 Wind Energy Foundation Market Size Forecast by Applications
12.10.1 Offshore
12.10.2 Onshore
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) Wind Energy Foundation Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wind Energy Foundation 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) Wind Energy Foundation Market Size Forecast by Type
13.6.1 Monopile
13.6.2 Jacket/Tripod Space Frame
13.6.3 TLP/Semi-Sub Floating Structure
13.6.4 Tri-Pile Space Frame
13.6.5 Gravity Based Structure (GBS)
13.6.6 Other
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) Wind Energy Foundation Market Size Forecast by Applications
13.10.1 Offshore
13.10.2 Onshore
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 Wind Energy Foundation Market: Competitive Dashboard
14.2 Global Wind Energy Foundation Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bladt Industries A/S
14.3.2 Blue H Engineering BV
14.3.3 Dillinger Group
14.3.4 DONG Energy (UK) Ltd.
14.3.5 Fugro
14.3.6 Marine Innovation & Technology
14.3.7 MT Hojgaard and Statoil
14.3.8 Offshore Wind Power Systems of Texas LLC
14.3.9 OWEC Tower AS
14.3.10 Principle Power, Inc.
14.3.11 Ramboll Group
14.3.12 Equinor
14.3.13 Suzlon Energy Limited
14.3.14 SWAY AS
14.3.15 TAG Energy Solutions Ltd
