Offshore Wind Turbine Market - Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, Segmented By Installation Type (Fixed, Floating), By Turbine Capacity (Up to 3 MW, 3 MW to 5 MW, > 5 MW), By Region 2021-2031F

  • Industry : Power
  • Pages : 184
  • Published Date : December, 2025

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Report Description

Report Description

Forecast Period

2027-2031

Market Size (2025)

USD 22.13 Billion

CAGR (2026-2031)

14.77%

Fastest Growing Segment

3 MW to 5 MW

Largest Market

North America

Market Size (2031)

USD 50.58 Billion

Market Overview

The Global Offshore Wind Turbine Market will grow from USD 22.13 Billion in 2025 to USD 50.58 Billion by 2031 at a 14.77% CAGR. Offshore wind turbines are specialized structures installed in marine environments to capture wind energy for electricity generation. The market is fundamentally supported by the rising global demand for renewable power and strict government policies aimed at reducing carbon emissions. Furthermore, the availability of stronger and more consistent wind resources at sea offers greater energy yield potential than onshore alternatives. According to the Global Wind Energy Council, in 2024, the global offshore wind sector installed 8 GW of new capacity.

One significant challenge impeding market expansion is the prevalence of supply chain bottlenecks. These logistical constraints delay the delivery of critical components and extend project timelines, which creates uncertainty for investors and hinders the rapid deployment required to meet international climate goals.

Key Market Drivers

The implementation of stringent government decarbonization mandates and net-zero targets serves as a primary catalyst for the industry, compelling nations to aggressively expand their renewable energy portfolios. These regulatory frameworks provide the necessary long-term visibility for developers, encouraging the planning of large-scale marine energy zones to meet international climate accords. As governments codify these goals into law, the volume of projects entering the planning and permitting phases has increased substantially, effectively creating a robust pipeline of future capacity. For instance, highlighting the impact of federal and state policy support, the pipeline for American projects has expanded significantly. According to the U.S. Department of Energy, August 2024, in the 'Offshore Wind Market Report: 2024 Edition', the total U.S. offshore wind project pipeline grew to 80,523 MW of potential generating capacity. To align with such ambitious policy landscapes globally, the Global Wind Energy Council, in 2024, forecasted that 410 GW of new offshore wind capacity would be added between 2024 and 2033.

A concurrent surge in private investment and confirmed final investment decisions is further solidifying the market's financial foundation. As economic conditions regarding inflation and interest rates begin to stabilize, developers are successfully securing the capital required to move projects from the consenting phase to physical construction. This influx of funding is essential for scaling manufacturing supply chains and deploying advanced turbine technology that can maximize energy capture. In key regions, financial confidence has rebounded strongly, driving capital toward substantial infrastructure development. According to WindEurope, January 2024, in the 'Financing and Investment Trends' report, new offshore wind investments in Europe reached a record EUR 30 billion in 2023, fully financing 9 GW of new capacity. This level of capital injection ensures that the sector can overcome logistical hurdles and deliver clean base-load electricity at the scale required by modern energy grids.

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Key Market Challenges

Supply chain bottlenecks act as a severe constriction on the Global Offshore Wind Turbine Market by physically limiting the pace of installations and inflating project costs. These logistical constraints manifest primarily through shortages of specialized installation vessels and delays in the delivery of critical components such as nacelles and blades. When manufacturers cannot meet delivery schedules, developers are forced to extend project timelines, which erodes the financial viability of planned wind farms and deters necessary capital investment.

This disruption has measurable consequences for market forecasts and realized capacity. According to the Global Wind Energy Council, in 2025, the short-term growth outlook for the global offshore wind sector was revised downward by 24% compared to previous projections, a decline driven largely by persistent supply chain constraints and associated economic headwinds. This substantial downgrade highlights how the inability to scale logistical capabilities in tandem with demand directly impedes the industry's ability to meet installation targets, thereby stalling broader market expansion despite strong interest in renewable energy.

Key Market Trends

The development of ultra-large capacity turbines exceeding 15 megawatts is fundamentally reshaping project economics by minimizing balance-of-plant costs. Manufacturers are aggressively scaling turbine sizes to reduce the total number of foundations and cabling required for each gigawatt of installed capacity, thereby lowering the Levelized Cost of Energy (LCOE). This technological leap allows developers to maximize energy capture in limited ocean concessions, driving a competitive race for size and efficiency. A prime example of this engineering breakthrough occurred recently in the Chinese market, which is rapidly outpacing competitors in deployment speed. According to OffshoreWIND.biz, October 2024, in the 'World's First 26 MW Offshore Wind Turbine Rolls Off Production Line' article, Dongfang Electric Corporation successfully produced a turbine with a record-breaking capacity of 26 MW, featuring a rotor diameter exceeding 310 meters.

Simultaneously, the commercial advancement of floating offshore wind turbine technology is unlocking vast energy potential in deep-water regions previously inaccessible to fixed-bottom structures. As near-shore sites become saturated, the industry is transitioning from demonstration prototypes to commercial-scale floating arrays that can harness stronger, more consistent wind resources found further out at sea. This shift is generating a massive inventory of prospective developments globally, signaling a move toward industrial-scale deployment. Reflecting this rapid maturation, the sector's future capacity planning has grown substantially. According to RenewableUK, October 2024, in the 'EnergyPulse' report, the global pipeline for floating offshore wind projects expanded by 9% over the preceding twelve months, reaching a total of 266 GW.

Segmental Insights

Based on recent industry analysis, the 3 MW to 5 MW segment is currently positioning itself as the fastest-growing category in the Global Offshore Wind Turbine Market. This surge is primarily driven by the segment's exceptional adaptability to transitional water zones, where these turbines offer a more cost-effective and logistically feasible solution compared to larger counterparts. Their manageable size significantly reduces installation complexities and capital expenditure, making them highly attractive for mid-scale projects and regions with developing infrastructure. Consequently, developers are increasingly prioritizing this established capacity range to minimize project risks and ensure consistent, reliable energy generation.

Regional Insights

North America currently commands a leading position in the Global Offshore Wind Turbine Market, driven by robust federal support and a rapidly maturing project pipeline. The region dominates recent investment activity due to initiatives by the Bureau of Ocean Energy Management (BOEM) to accelerate commercial leasing in federal waters. Furthermore, the Inflation Reduction Act strengthens this leadership by offering substantial tax credits for domestic manufacturing and project development. This comprehensive policy framework fosters a secure environment for major developers, establishing North America as the central hub for the next generation of offshore wind technology and infrastructure expansion.

Recent Developments

  • In October 2024, Dongfang Electric Corporation achieved a major technological milestone by rolling out a 26 MW offshore wind turbine from its production line. This new model surpassed previous industry records for capacity and size, featuring a rotor diameter of over 310 meters and a swept area equivalent to more than ten standard football fields. The company stated that the turbine is tailored for areas with wind speeds of 8 meters per second and above, offering strong resistance to typhoons. A single unit is capable of generating roughly 100 GWh of clean electricity annually, sufficient to power approximately 55,000 households.
  • In October 2024, Goldwind introduced a new offshore wind turbine platform, the GWH300-20/25 MW, during a key industry event. The company revealed that this model possesses a generation capacity ranging between 20 and 25 MW and features a rotor diameter of 300 meters. The turbine was engineered for deep-water installations and is capable of withstanding super typhoons with wind speeds exceeding 60 meters per second. This launch highlighted the ongoing trend towards larger, more efficient turbines designed to maximize energy capture in challenging marine environments, positioning the company as a key player in the high-capacity market segment.
  • In August 2024, Mingyang Smart Energy successfully installed a prototype of the MySE18.X-20 MW offshore wind turbine in Hainan, China. At the time of installation, this model was recognized as the world’s largest single-capacity offshore wind turbine. The unit features a flexible power rating of up to 20 MW and a massive rotor diameter ranging between 260 and 292 meters. The manufacturer designed this turbine specifically for global deployment in medium-to-high wind speed regions, ensuring it can withstand typhoon conditions with wind speeds up to 79.8 meters per second, thereby demonstrating significant progress in typhoon-resistant technology.
  • In June 2024, Vestas completed the installation of its flagship V236-15.0 MW offshore wind turbine at the Port of Thyborøn, Denmark. The company announced that this installation marked the final verification stage before the commencement of serial production for the global market. The turbine successfully produced its first kilowatt-hour of power shortly after installation, demonstrating its capability to generate up to 80 GWh annually. This development was described by the manufacturer as a critical step in fulfilling firm orders for major offshore wind projects across Germany, Poland, and the Netherlands, ensuring timely delivery for customers.

Key Market Players

  • Ørsted A/S
  • GE Renewable Energy
  • ABB Ltd.
  • Vestas Wind Systems A/S
  • Siemens Gamesa
  • Schneider Electric SE
  • Nordex SE
  • Equinor ASA
  • Envision Group
  • Mingyang Smart Energy Group Co., Ltd.
  • Xinjiang Goldwind Science & Technology Co., Ltd.
  • Rockwell Automation Inc.
  • Invenergy LLC
  • EDP Renewables North America LLC

By Installation Type

By Turbine Capacity

By Region

  • Fixed
  • Floating
  • Up to 3 MW
  • 3 MW to 5 MW
  • > 5 MW
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the Global Offshore Wind Turbine Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Offshore Wind Turbine Market, By Installation Type:
  • Fixed
  • Floating
  • Offshore Wind Turbine Market, By Turbine Capacity:
  • Up to 3 MW
  • 3 MW to 5 MW
  • > 5 MW
  • Offshore Wind Turbine Market, By Region:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • France
    • United Kingdom
    • Italy
    • Germany
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
  • South America
    • Brazil
    • Argentina
    • Colombia
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Offshore Wind Turbine Market.

Available Customizations:

Global Offshore Wind Turbine Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

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Table of content

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.  Markets Covered

1.2.2.  Years Considered for Study

1.2.3.  Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Offshore Wind Turbine Market Outlook

5.1.  Market Size & Forecast

5.1.1.  By Value

5.2.  Market Share & Forecast

5.2.1.  By Installation Type (Fixed, Floating)

5.2.2.  By Turbine Capacity (Up to 3 MW, 3 MW to 5 MW, > 5 MW)

5.2.3.  By Region

5.2.4.  By Company (2025)

5.3.  Market Map

6.    North America Offshore Wind Turbine Market Outlook

6.1.  Market Size & Forecast

6.1.1.  By Value

6.2.  Market Share & Forecast

6.2.1.  By Installation Type

6.2.2.  By Turbine Capacity

6.2.3.  By Country

6.3.    North America: Country Analysis

6.3.1.    United States Offshore Wind Turbine Market Outlook

6.3.1.1.  Market Size & Forecast

6.3.1.1.1.  By Value

6.3.1.2.  Market Share & Forecast

6.3.1.2.1.  By Installation Type

6.3.1.2.2.  By Turbine Capacity

6.3.2.    Canada Offshore Wind Turbine Market Outlook

6.3.2.1.  Market Size & Forecast

6.3.2.1.1.  By Value

6.3.2.2.  Market Share & Forecast

6.3.2.2.1.  By Installation Type

6.3.2.2.2.  By Turbine Capacity

6.3.3.    Mexico Offshore Wind Turbine Market Outlook

6.3.3.1.  Market Size & Forecast

6.3.3.1.1.  By Value

6.3.3.2.  Market Share & Forecast

6.3.3.2.1.  By Installation Type

6.3.3.2.2.  By Turbine Capacity

7.    Europe Offshore Wind Turbine Market Outlook

7.1.  Market Size & Forecast

7.1.1.  By Value

7.2.  Market Share & Forecast

7.2.1.  By Installation Type

7.2.2.  By Turbine Capacity

7.2.3.  By Country

7.3.    Europe: Country Analysis

7.3.1.    Germany Offshore Wind Turbine Market Outlook

7.3.1.1.  Market Size & Forecast

7.3.1.1.1.  By Value

7.3.1.2.  Market Share & Forecast

7.3.1.2.1.  By Installation Type

7.3.1.2.2.  By Turbine Capacity

7.3.2.    France Offshore Wind Turbine Market Outlook

7.3.2.1.  Market Size & Forecast

7.3.2.1.1.  By Value

7.3.2.2.  Market Share & Forecast

7.3.2.2.1.  By Installation Type

7.3.2.2.2.  By Turbine Capacity

7.3.3.    United Kingdom Offshore Wind Turbine Market Outlook

7.3.3.1.  Market Size & Forecast

7.3.3.1.1.  By Value

7.3.3.2.  Market Share & Forecast

7.3.3.2.1.  By Installation Type

7.3.3.2.2.  By Turbine Capacity

7.3.4.    Italy Offshore Wind Turbine Market Outlook

7.3.4.1.  Market Size & Forecast

7.3.4.1.1.  By Value

7.3.4.2.  Market Share & Forecast

7.3.4.2.1.  By Installation Type

7.3.4.2.2.  By Turbine Capacity

7.3.5.    Spain Offshore Wind Turbine Market Outlook

7.3.5.1.  Market Size & Forecast

7.3.5.1.1.  By Value

7.3.5.2.  Market Share & Forecast

7.3.5.2.1.  By Installation Type

7.3.5.2.2.  By Turbine Capacity

8.    Asia Pacific Offshore Wind Turbine Market Outlook

8.1.  Market Size & Forecast

8.1.1.  By Value

8.2.  Market Share & Forecast

8.2.1.  By Installation Type

8.2.2.  By Turbine Capacity

8.2.3.  By Country

8.3.    Asia Pacific: Country Analysis

8.3.1.    China Offshore Wind Turbine Market Outlook

8.3.1.1.  Market Size & Forecast

8.3.1.1.1.  By Value

8.3.1.2.  Market Share & Forecast

8.3.1.2.1.  By Installation Type

8.3.1.2.2.  By Turbine Capacity

8.3.2.    India Offshore Wind Turbine Market Outlook

8.3.2.1.  Market Size & Forecast

8.3.2.1.1.  By Value

8.3.2.2.  Market Share & Forecast

8.3.2.2.1.  By Installation Type

8.3.2.2.2.  By Turbine Capacity

8.3.3.    Japan Offshore Wind Turbine Market Outlook

8.3.3.1.  Market Size & Forecast

8.3.3.1.1.  By Value

8.3.3.2.  Market Share & Forecast

8.3.3.2.1.  By Installation Type

8.3.3.2.2.  By Turbine Capacity

8.3.4.    South Korea Offshore Wind Turbine Market Outlook

8.3.4.1.  Market Size & Forecast

8.3.4.1.1.  By Value

8.3.4.2.  Market Share & Forecast

8.3.4.2.1.  By Installation Type

8.3.4.2.2.  By Turbine Capacity

8.3.5.    Australia Offshore Wind Turbine Market Outlook

8.3.5.1.  Market Size & Forecast

8.3.5.1.1.  By Value

8.3.5.2.  Market Share & Forecast

8.3.5.2.1.  By Installation Type

8.3.5.2.2.  By Turbine Capacity

9.    Middle East & Africa Offshore Wind Turbine Market Outlook

9.1.  Market Size & Forecast

9.1.1.  By Value

9.2.  Market Share & Forecast

9.2.1.  By Installation Type

9.2.2.  By Turbine Capacity

9.2.3.  By Country

9.3.    Middle East & Africa: Country Analysis

9.3.1.    Saudi Arabia Offshore Wind Turbine Market Outlook

9.3.1.1.  Market Size & Forecast

9.3.1.1.1.  By Value

9.3.1.2.  Market Share & Forecast

9.3.1.2.1.  By Installation Type

9.3.1.2.2.  By Turbine Capacity

9.3.2.    UAE Offshore Wind Turbine Market Outlook

9.3.2.1.  Market Size & Forecast

9.3.2.1.1.  By Value

9.3.2.2.  Market Share & Forecast

9.3.2.2.1.  By Installation Type

9.3.2.2.2.  By Turbine Capacity

9.3.3.    South Africa Offshore Wind Turbine Market Outlook

9.3.3.1.  Market Size & Forecast

9.3.3.1.1.  By Value

9.3.3.2.  Market Share & Forecast

9.3.3.2.1.  By Installation Type

9.3.3.2.2.  By Turbine Capacity

10.    South America Offshore Wind Turbine Market Outlook

10.1.  Market Size & Forecast

10.1.1.  By Value

10.2.  Market Share & Forecast

10.2.1.  By Installation Type

10.2.2.  By Turbine Capacity

10.2.3.  By Country

10.3.    South America: Country Analysis

10.3.1.    Brazil Offshore Wind Turbine Market Outlook

10.3.1.1.  Market Size & Forecast

10.3.1.1.1.  By Value

10.3.1.2.  Market Share & Forecast

10.3.1.2.1.  By Installation Type

10.3.1.2.2.  By Turbine Capacity

10.3.2.    Colombia Offshore Wind Turbine Market Outlook

10.3.2.1.  Market Size & Forecast

10.3.2.1.1.  By Value

10.3.2.2.  Market Share & Forecast

10.3.2.2.1.  By Installation Type

10.3.2.2.2.  By Turbine Capacity

10.3.3.    Argentina Offshore Wind Turbine Market Outlook

10.3.3.1.  Market Size & Forecast

10.3.3.1.1.  By Value

10.3.3.2.  Market Share & Forecast

10.3.3.2.1.  By Installation Type

10.3.3.2.2.  By Turbine Capacity

11.    Market Dynamics

11.1.  Drivers

11.2.  Challenges

12.    Market Trends & Developments

12.1.  Merger & Acquisition (If Any)

12.2.  Product Launches (If Any)

12.3.  Recent Developments

13.    Global Offshore Wind Turbine Market: SWOT Analysis

14.    Porter's Five Forces Analysis

14.1.  Competition in the Industry

14.2.  Potential of New Entrants

14.3.  Power of Suppliers

14.4.  Power of Customers

14.5.  Threat of Substitute Products

15.    Competitive Landscape

15.1.  Ørsted A/S

15.1.1.  Business Overview

15.1.2.  Products & Services

15.1.3.  Recent Developments

15.1.4.  Key Personnel

15.1.5.  SWOT Analysis

15.2.  GE Renewable Energy

15.3.  ABB Ltd.

15.4.  Vestas Wind Systems A/S

15.5.  Siemens Gamesa

15.6.  Schneider Electric SE

15.7.  Nordex SE

15.8.  Equinor ASA

15.9.  Envision Group

15.10.  Mingyang Smart Energy Group Co., Ltd.

15.11.  Xinjiang Goldwind Science & Technology Co., Ltd.

15.12.  Rockwell Automation Inc.

15.13.  Invenergy LLC

15.14.  EDP Renewables North America LLC

16.    Strategic Recommendations

17.    About Us & Disclaimer

Figures and Tables

List of Figures:

Figure 1.              Global Offshore Wind Turbine Market Size, By Value (USD Billion), 2017-2027F

Figure 2.              Cumulative Number of Global Offshore Wind Turbines

Figure 3.              Global Offshore Wind Turbine Market Share, By Installation Type, By Value, 2017-2027F

Figure 4.              Global Offshore Wind Turbine Market Share, By Turbine Capacity, By Value, 2017-2027F

Figure 5.              Global Offshore Wind Turbine Market Share, By Region, By Value, 2017-2027F

Figure 6.              Global Offshore Wind Turbine Market Share, By Company, By Value, 2021

Figure 7.              Global Offshore Wind Turbine Market Map, By Installation Type, Market Size (USD Billion) & Growth Rate (%), 2021

Figure 8.              Global Offshore Wind Turbine Market Map, By Turbine Capacity, Market Size (USD Billion) & Growth Rate (%), 2021

Figure 9.              Global Offshore Wind Turbine Market Map, By Region, Market Size (USD Billion) & Growth Rate (%), 2021

Figure 10.            Europe Offshore Wind Turbine Market Size, By Value (USD Billion), 2017-2027F

Figure 11.            Cumulative Number of Europe Offshore Wind Turbines

Figure 12.            Europe Offshore Wind Turbine Market Share, By Installation Type, By Value, 2017-2027F

Figure 13.            Europe Offshore Wind Turbine Market Share, By Turbine Capacity, By Value, 2017-2027F

Figure 14.            Europe Offshore Wind Turbine Market Share, By Country, By Value, 2017-2027F

Figure 15.            United Kingdom Offshore Wind Turbine Market Size, By Value (USD Billion), 2017-2027F

Figure 16.            Cumulative Number of United Kingdom Offshore Wind Turbines

Figure 17.            United Kingdom Wind Capacity (in Gigawatts), 2017-2020

Figure 18.            United Kingdom Offshore Wind Turbine Market Share, By Installation Type, By Value, 2017-2027F

Figure 19.            United Kingdom Offshore Wind Turbine Market Share, By Turbine Capacity, By Value, 2017-2027F

Figure 20.            Germany Offshore Wind Turbine Market Size, By Value (USD Billion), 2017-2027F

Figure 21.            Cumulative Number of Germany Offshore Wind Turbines

Figure 22.            Germany Wind Capacity (in Gigawatts), 2017-2020

Figure 23.            Germany Offshore Wind Turbine Market Share, By Installation Type, By Value, 2017-2027F

Figure 24.            Germany Offshore Wind Turbine Market Share, By Turbine Capacity, By Value, 2017-2027F

Figure 25.            Denmark Offshore Wind Turbine Market Size, By Value (USD Billion), 2017-2027F

Figure 26.            Cumulative Number of Denmark Offshore Wind Turbines

Figure 27.            Denmark Wind Capacity (in Gigawatts), 2017-2020

Figure 28.            Denmark Offshore Wind Turbine Market Share, By Installation Type, By Value, 2017-2027F

Figure 29.            Denmark Offshore Wind Turbine Market Share, By Turbine Capacity, By Value, 2017-2027F

Figure 30.            Netherlands Offshore Wind Turbine Market Size, By Value (USD Billion), 2017-2027F

Figure 31.            Cumulative Number of Netherlands Offshore Wind Turbines

Figure 32.            Netherlands Wind Capacity (in Gigawatts), 2017-2020

Figure 33.            Netherlands Offshore Wind Turbine Market Share, By Installation Type, By Value, 2017-2027F

Figure 34.            Netherlands Offshore Wind Turbine Market Share, By Turbine Capacity, By Value, 2017-2027F

Figure 35.            Belgium Offshore Wind Turbine Market Size, By Value (USD Billion), 2017-2027F

Figure 36.            Cumulative Number of Belgium Offshore Wind Turbines

Figure 37.            Belgium Wind Capacity (in Gigawatts), 2017-2020

Figure 38.            Belgium Offshore Wind Turbine Market Share, By Installation Type, By Value, 2017-2027F

Figure 39.            Belgium Offshore Wind Turbine Market Share, By Turbine Capacity, By Value, 2017-2027F

Figure 40.            Sweden Offshore Wind Turbine Market Size, By Value (USD Billion), 2017-2027F

Figure 41.            Cumulative Number of Sweden Offshore Wind Turbines

Figure 42.            Sweden Wind Capacity (in Gigawatts), 2017-2020

Figure 43.            Sweden Offshore Wind Turbine Market Share, By Installation Type, By Value, 2017-2027F

Figure 44.            Sweden Offshore Wind Turbine Market Share, By Turbine Capacity, By Value, 2017-2027F

Figure 45.            Finland Offshore Wind Turbine Market Size, By Value (USD Billion), 2017-2027F

Figure 46.            Cumulative Number of Finland Offshore Wind Turbines

Figure 47.            Finland Wind Capacity (in Gigawatts), 2017-2020

Figure 48.            Finland Offshore Wind Turbine Market Share, By Installation Type, By Value, 2017-2027F

Figure 49.            Finland Offshore Wind Turbine Market Share, By Turbine Capacity, By Value, 2017-2027F

Figure 50.            Asia-Pacific Offshore Wind Turbine Market Size, By Value (USD Billion), 2017-2027F

Figure 51.            Cumulative Number of Asia-Pacific Offshore Wind Turbines

Figure 52.            Asia-Pacific Offshore Wind Turbine Market Share, By Installation Type, By Value, 2017-2027F

Figure 53.            Asia-Pacific Offshore Wind Turbine Market Share, By Turbine Capacity, By Value, 2017-2027F

Figure 54.            Asia-Pacific Offshore Wind Turbine Market Share, By Country, By Value, 2017-2027F

Figure 55.            China Offshore Wind Turbine Market Size, By Value (USD Billion), 2017-2027F

Figure 56.            Cumulative Number of China Offshore Wind Turbines

Figure 57.            China Wind Capacity (in Gigawatts), 2017-2020

Figure 58.            China Offshore Wind Turbine Market Share, By Installation Type, By Value, 2017-2027F

Figure 59.            China Offshore Wind Turbine Market Share, By Turbine Capacity, By Value, 2017-2027F

Figure 60.            Taiwan Offshore Wind Turbine Market Size, By Value (USD Billion), 2017-2027F

Figure 61.            Cumulative Number of Taiwan Offshore Wind Turbines

Figure 62.            Taiwan Renewables Power Generation (Terawatt-hours), 2017-2020

Figure 63.            Taiwan Offshore Wind Turbine Market Share, By Installation Type, By Value, 2017-2027F

Figure 64.            Taiwan Offshore Wind Turbine Market Share, By Turbine Capacity, By Value, 2017-2027F

Figure 65.            Japan Offshore Wind Turbine Market Size, By Value (USD Billion), 2017-2027F

Figure 66.            Cumulative Number of Japan Offshore Wind Turbines

Figure 67.            Japan Wind Capacity (in Gigawatts), 2017-2020

Figure 68.            Japan Offshore Wind Turbine Market Share, By Installation Type, By Value, 2017-2027F

Figure 69.            Japan Offshore Wind Turbine Market Share, By Turbine Capacity, By Value, 2017-2027F

Figure 70.            South Korea Offshore Wind Turbine Market Size, By Value (USD Billion), 2017-2027F

Figure 71.            Cumulative Number of South Korea Offshore Wind Turbines

Figure 72.            South Korea Wind Capacity (in Gigawatts), 2017-2020

Figure 73.            South Korea Offshore Wind Turbine Market Share, By Installation Type, By Value, 2017-2027F

Figure 74.            South Korea Offshore Wind Turbine Market Share, By Turbine Capacity, By Value, 2017-2027F

Figure 75.            India Offshore Wind Turbine Market Size, By Value (USD Billion), 2017-2027F

Figure 76.            Cumulative Number of India Offshore Wind Turbines

Figure 77.            India Wind Capacity (in Gigawatts), 2017-2020

Figure 78.            India Offshore Wind Turbine Market Share, By Installation Type, By Value, 2017-2027F

Figure 79.            India Offshore Wind Turbine Market Share, By Turbine Capacity, By Value, 2017-2027F

Figure 80.            Vietnam Offshore Wind Turbine Market Size, By Value (USD Billion), 2017-2027F

Figure 81.            Cumulative Number of Vietnam Offshore Wind Turbines

Figure 82.            Vietnam Renewables Power Generation (Terawatt-hours), 2017-2020

Figure 83.            Vietnam Offshore Wind Turbine Market Share, By Installation Type, By Value, 2017-2027F

Figure 84.            Vietnam Offshore Wind Turbine Market Share, By Turbine Capacity, By Value, 2017-2027F

Figure 85.            Australia Offshore Wind Turbine Market Size, By Value (USD Billion), 2017-2027F

Figure 86.            Cumulative Number of Australia Offshore Wind Turbines

Figure 87.            Australia Wind Capacity (in Gigawatts), 2017-2020

Figure 88.            Australia Offshore Wind Turbine Market Share, By Installation Type, By Value, 2017-2027F

Figure 89.            Australia Offshore Wind Turbine Market Share, By Turbine Capacity, By Value, 2017-2027F

Figure 90.            North America Offshore Wind Turbine Market Size, By Value (USD Billion), 2017-2027F

Figure 91.            Cumulative Number of North America Offshore Wind Turbines

Figure 92.            North America Offshore Wind Turbine Market Share, By Installation Type, By Value, 2017-2027F

Figure 93.            North America Offshore Wind Turbine Market Share, By Turbine Capacity, By Value, 2017-2027F

Figure 94.            North America Offshore Wind Turbine Market Share, By Country, By Value, 2017-2027F

Figure 95.            United States Offshore Wind Turbine Market Size, By Value (USD Billion), 2017-2027F

Figure 96.            Cumulative Number of United States Offshore Wind Turbines

Figure 97.            United States Wind Capacity (in Gigawatts), 2017-2020

Figure 98.            United States Offshore Wind Turbine Market Share, By Installation Type, By Value, 2017-2027F

Figure 99.            United States Offshore Wind Turbine Market Share, By Turbine Capacity, By Value, 2017-2027F

Figure 100.         Canada Offshore Wind Turbine Market Size, By Value (USD Billion), 2017-2027F

Figure 101.         Cumulative Number of Canada Offshore Wind Turbines

Figure 102.         Canada Wind Capacity (in Gigawatts), 2017-2020

Figure 103.         Canada Offshore Wind Turbine Market Share, By Installation Type, By Value, 2017-2027F

Figure 104.         Canada Offshore Wind Turbine Market Share, By Turbine Capacity, By Value, 2017-2027F

Figure 105.         Mexico Offshore Wind Turbine Market Size, By Value (USD Billion), 2017-2027F

Figure 106.         Cumulative Number of Mexico Offshore Wind Turbines

Figure 107.         Mexico Wind Capacity (in Gigawatts), 2017-2020

Figure 108.         Mexico Offshore Wind Turbine Market Share, By Installation Type, By Value, 2017-2027F

Figure 109.         Mexico Offshore Wind Turbine Market Share, By Turbine Capacity, By Value, 2017-2027F

Figure 110.         South America Offshore Wind Turbine Market Size, By Value (USD Billion), 2017-2027F

Figure 111.         Cumulative Number of South America Offshore Wind Turbines

Figure 112.         South America Offshore Wind Turbine Market Share, By Installation Type, By Value, 2017-2027F

Figure 113.         South America Offshore Wind Turbine Market Share, By Turbine Capacity, By Value, 2017-2027F

Figure 114.         South America Offshore Wind Turbine Market Share, By Country, By Value, 2017-2027F

Figure 115.         Brazil Offshore Wind Turbine Market Size, By Value (USD Billion), 2017-2027F

Figure 116.         Cumulative Number of Brazil Offshore Wind Turbines

Figure 117.         Brazil Wind Capacity (in Gigawatts), 2017-2020

Figure 118.         Brazil Offshore Wind Turbine Market Share, By Installation Type, By Value, 2017-2027F

Figure 119.         Brazil Offshore Wind Turbine Market Share, By Turbine Capacity, By Value, 2017-2027F

Figure 120.         Argentina Offshore Wind Turbine Market Size, By Value (USD Billion), 2017-2027F

Figure 121.         Cumulative Number of Argentina Offshore Wind Turbines

Figure 122.         Argentina Wind Capacity (in Gigawatts), 2017-2020

Figure 123.         Argentina Offshore Wind Turbine Market Share, By Installation Type, By Value, 2017-2027F

Figure 124.         Argentina Offshore Wind Turbine Market Share, By Turbine Capacity, By Value, 2017-2027F

Figure 125.         Colombia Offshore Wind Turbine Market Size, By Value (USD Billion), 2017-2027F

Figure 126.         Cumulative Number of Colombia Offshore Wind Turbines

Figure 127.         Colombia Renewables Power Generation (Terawatt-hours), 2017-2020

Figure 128.         Colombia Offshore Wind Turbine Market Share, By Installation Type, By Value, 2017-2027F

Figure 129.         Colombia Offshore Wind Turbine Market Share, By Turbine Capacity, By Value, 2017-2027F

Figure 130.         Middle East & Africa Offshore Wind Turbine Market Size, By Value (USD Billion), 2017-2027F

Figure 131.         Cumulative Number of Middle East & Africa Offshore Wind Turbines

Figure 132.         Middle East & Africa Offshore Wind Turbine Market Share, By Installation Type, By Value, 2017-2027F

Figure 133.         Middle East & Africa Offshore Wind Turbine Market Share, By Turbine Capacity, By Value, 2017-2027F

Figure 134.         Middle East & Africa Offshore Wind Turbine Market Share, By Country, By Value, 2017-2027F

Figure 135.         UAE Offshore Wind Turbine Market Size, By Value (USD Billion), 2017-2027F

Figure 136.         Cumulative Number of UAE Offshore Wind Turbines

Figure 137.         UAE Renewables Power Generation (Terawatt-hours), 2017-2020

Figure 138.         UAE Offshore Wind Turbine Market Share, By Installation Type, By Value, 2017-2027F

Figure 139.         UAE Offshore Wind Turbine Market Share, By Turbine Capacity, By Value, 2017-2027F

Figure 140.         Saudi Arabia Offshore Wind Turbine Market Size, By Value (USD Billion), 2017-2027F

Figure 141.         Cumulative Number of Saudi Arabia Offshore Wind Turbines

Figure 142.         Saudi Arabia Renewables Power Generation (Terawatt-hours), 2017-2020

Figure 143.         Saudi Arabia Offshore Wind Turbine Market Share, By Installation Type, By Value, 2017-2027F

Figure 144.         Saudi Arabia Offshore Wind Turbine Market Share, By Turbine Capacity, By Value, 2017-2027F

Figure 145.         South Africa Offshore Wind Turbine Market Size, By Value (USD Billion), 2017-2027F

Figure 146.         Cumulative Number of South Africa Offshore Wind Turbines

Figure 147.         South Africa Renewables Power Generation (Terawatt-hours), 2017-2020

Figure 148.         South Africa Offshore Wind Turbine Market Share, By Installation Type, By Value, 2017-2027F

South Africa Offshore Wind Turbine Market Share, By Turbine Capacity, By Value, 2017-2027F
Frequently asked questions

Frequently asked questions

The market size of the Global Offshore Wind Turbine Market was estimated to be USD 22.13 Billion in 2025.

North America is the dominating region in the Global Offshore Wind Turbine Market.

3 MW to 5 MW segment is the fastest growing segment in the Global Offshore Wind Turbine Market.

The Global Offshore Wind Turbine Market is expected to grow at 14.77% between 2026 to 2031.

Related Reports
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