How would the future look like for Offshore Wind Energy Market in the coming years?

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Offshore Wind Energy Market

• Offshore Wind Energy Market - Global Opportunity
  Analysis and Industry Forecast, 2017-2023

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Current and future Market Scenario
Offshore Wind Energy Market

• Offshore Wind Energy Market is estimated to reach
  11,334 thousand by 2023, states Allied Market
  Research.
• Offshore Wind Energy Market will grow at a
  prominent CAGR of 19.4 from 2017 to 2023. 
• Offshore Wind Energy Market accounted for around
  2,727 thousand in 2016.
• UK accounted for almost one-third of the global
  market in 2016.

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Factors Contributing to Market Growth
Offshore Wind Energy Market

• The demand for renewable sources of energy is
  increasing, owing to less prevalence of
  environmental hazards and efficient outputs.
  Thus, increase in demand for efficient and
  cost-effective power generation techniques, such
  as offshore wind energy, poses lucrative
  opportunities for players in the global offshore
  wind energy market.

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Market Segments
Offshore Wind Energy Market
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Dominating Segments
Offshore Wind Energy Market

• Rise in the demand for electricity and preference
  toward the use of renewable sources of
  electricity present numerous opportunities for
  market expansion.
• In 2015, Europe accounted for the maximum share
  of the global market.

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Region Overview
Offshore Wind Energy Market

• North America is anticipated to grow at the
  highest CAGR during the analysis period.
• UK accounted for almost one-third of the global
  market in 2016.
• In terms of value, Denmark is expected to grow at
  a significant CAGR of 13.5 during the forecast
  period.

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Leading Players
Offshore Wind Energy Market

• The leading players of this market are Siemens
  Wind Power, Vestas Wind Systems A/S, Goldwind
  Science and Technology Co. Ltd., Gamesa
  Corporacion Technologica SA, GE Wind Energy,
  Sinovel Wind Group Co. Ltd., Dong Energy A/S,
  Suzlon Group, Nordex SE and China Ming Yang Wind
  Power Group Limited.

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A report titled Offshore Wind Energy Market-
Opportunities and Forecasts, 2017 2023 has
been recently published by Allied Market
Research. The report makes close observations of
pipeline structure for end-to-end Offshore Wind
Energy Market around the world. It makes an
in-depth analysis of current trends, drivers, and
restraining factors that affect financial ratios
relevant to the industry. Company profiles for
key vendors in business builds a comprehensive
picture of profitable opportunities from
stakeholders perspective.

• To know more about the
  Offshore Wind Energy Market- Opportunities and
  Forecasts, 2017 2023 report
• https//www.alliedmarketresearch.com/offshore-wind
  -energy-market

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