Increasing Demand for Energy, Driving the Growth of “Offshore Wind Market”.

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Global Offshore Wind Market
GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND
OPPORTUNITY ANALYSIS, 2016-2025
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REPORT DESCRIPTION
Global Offshore Wind MarketOverview
Offshore wind provides the electrical energy on
the continental shelf to harvest the wind energy.
Wind speed is generally stronger and steady at
the offshores than on the land. Offshore wind
turbines are also located near to coastal areas
eliminating the need for new overland
transmission lines. Slight increase in speed of
wind can generate a significantly greater amount
of electricity, as the potential energy of wind
is directly proportional to the cube of wind
speed. For instance, the turbine at a site with
average wind speed 16 miles per hour (mph) would
produce more than around 50 electricity than 14
mph average speed of the same turbine.
Increasing investments in renewable sources of
energy and favorable government policies are the
major drivers for the growth of offshore wind
market. For instance, in the U.S, The National
Ocean Industries Association have established the
U.Ss first offshore wind farm in 2017.
Furthermore, rising demand for electricity and
increasing concerns toward the energy of the
non-renewable source such as fossil fuel and
awareness for their harmful effects of greenhouse
gases such as carbon dioxide is propelling the
growth of offshore wind market
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REPORT DESCRIPTION
Global Offshore Wind MarketSegmentation

• Global Offshore wind Market, By Location
• Deep-water (depth gt60 m)
• Transitional Water (depth 30-60 m)
• Shallow water (depth lt 30 m)
• Global Offshore wind Market, By Component
• Substructure
• Monopile
• Jacket and Gravity Based
• Others
• Turbine
• Rotor Blades
• Tower
• Nacelle
• Electrical Infrastructure
• Others
• Request a sample copy of this report
• https//www.coherentmarketinsights.com/insight/req
  uest-sample/978

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REPORT DESCRIPTION
Global Offshore Wind MarketKey Players

• Major players involved in Global Offshore Wind
  Market include
• MHI Vestas
• Siemens AG
• General Electric
• ABB, Ltd.
• EEW Group
• Nexans
• A2SEA A/S.
• To know the latest trends and insights prevalent
  in this market, click the link below
• https//www.coherentmarketinsights.com/market-insi
  ght/offshore-wind-market-978

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