Global Offshore Wind Energy Infrastructure Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Monopole, Tripod, Jacket and Floatin Foundation.

By Material;

Shallow Water and Deep Water.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn190966728 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Offshore Wind Energy Infrastructure Market (USD Million), 2021 - 2031

In the year 2024, the Global Offshore Wind Energy Infrastructure Market was valued at USD 66,917.68 million. The size of this market is expected to increase to USD 180,180.67 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 15.2%.

The offshore wind power market is poised for expansion, driven by increasing demand for renewable energy sources and heightened efforts to mitigate the global carbon footprint. Governmental organizations and power corporations are intensifying their focus on reducing carbon emissions, thereby fueling market growth.

IRENA's projections underline the necessity for a significant increase in renewables, aiming to elevate their share in global power generation to 86% by 2050 to align with the Paris Agreement goals. Bloomberg BNEF estimates substantial investments exceeding USD 13.3 trillion in new production assets, with wind and solar anticipated to contribute significantly, potentially constituting half of global electricity generation by 2050. Moreover, the global installation of turbines is on the rise, further propelling the offshore wind energy market's expansion.

However, the COVID-19 pandemic has cast a shadow over market growth, precipitated by a global economic slowdown and disruptions in the renewable power market's supply chain. Stringent government regulations and lockdown measures have halted non-essential operations, leading to significant disruptions in global trade. These challenges are anticipated to impede the growth trajectory of the offshore wind energy market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Material
    3. Market Snapshot, By Region
  4. Global Offshore Wind Energy Infrastructure Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing demand for renewable energy
        2. Government support
        3. Maturing supply chain
      2. Restraints
        1. High upfront costs
        2. Permitting challenges
        3. Grid integration challenges
      3. Opportunities
        1. Floating offshore wind
        2. Wind-solar hybrids
        3. Offshore wind in developing countries
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Offshore Wind Energy Infrastructure Market, By Type, 2021 - 2031 (USD Million)
      1. Monopole
      2. Tripod
      3. Jacket
      4. Floating foundation
    2. Global Offshore Wind Energy Infrastructure Market, By Material, 2021 - 2031 (USD Million)
      1. Shallow water
      2. Deep water
    3. Global Offshore Wind Energy Infrastructure Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. ENERCON GmbH
      2. Suzlon Group
      3. GE Wind Energy
      4. Siemens Wind Power
      5. Vestas Wind Systems
      6. China Ming Yang Wind Power
      7. Xinjiang Gold wind Science & Technologies Co. Ltd
      8. DONG Energy Wind Power A/S
      9. Nordex S.E
      10. Upwind Solutions Inc., etc
  7. Analyst Views
  8. Future Outlook of the Market