Offshore Wind Energy Detail Industrial and Market studies - Asia Pacific Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025
"Offshore
Wind Energy Market - Asia Pacific Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2017 - 2025"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
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Description-
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Asia
Pacific Offshore Wind Energy Market: Overview
Wind power generation is the extraction of kinetic
energy from the wind and its conversion into any useful type of
energy such as thermal, mechanical, or electric energy. This can be
achieved through the use of: wind turbines to generate electricity,
windmills for mechanical power, wind pumps for water-pumping or
drainage, and sails to propel ships. Energy in the wind turns three,
propeller-like blades around a rotor. The rotor is connected to the
main shaft, which spins the generator to produce electricity. Large
number of offshore wind energy projects are under planning and
construction phase due to the fact that offshore wind farm
installations has high advantages as compared to onshore wind farm
installations. High land surface requirement, high noise generation,
high cost incurred in project set up and the entire value chain
(including turbine and its accessories cost, cabling cost,
installation costs and others) of wind energy generation from assets
based on land have led to shift of focus from onshore to offshore.
Advantages of offshore wind energy installations includes overall
reduction in project capital expenditure, unobstructed primary fuel
required for energy generation from the offshore wind turbines, which
is wind.
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Asia
Pacific Offshore Wind Energy Market: Drivers and Restraints
Offshore wind energy projects are largely being
financed by the government agencies which also includes big EPC
players, manufacturers, distributors and service providers. With
growing population and economy there is definite need for more
electricity. Paucity of land resources have encouraged the local
government agencies and global renewable energy control bodies to go
for alternate arrangements which is offshore installation of wind
turbines. Currently, China has largest number of offshore wind energy
projects under planning and construction phase which is followed by
Japan and South Korea. India has the maximum potential for installed
capacities and the government of India has thus decided to have a
Policy that will enable optimum exploitation of Offshore Wind energy
in the best interest of the nation and to achieve the its interest to
develop Offshore Wind Farms. China has outlined the policies and
clear mandate to accelerate and promote the development of offshore
wind energy projects. New Zealand, Republic of Korea, Thailand and
Japan have respectively formed governing bodies to initiate, finance,
execute and maintain the proposed offshore wind farm installations
for energy generation.
Asia Pacific Offshore Wind Energy Market:
Scope of the Report
Primary research represented the bulk of research
efforts, supplemented by extensive secondary research. We reviewed
key players’ product literature, annual reports, press releases,
and relevant documents for competitive analysis and market
understanding. Secondary research includes a search of recent trade,
technical writing, internet sources, statistical data from government
websites and trade associations/agencies. This has proven to be the
most reliable, effective, and successful approach for obtaining
precise market data, capturing industry participants’ insights, and
recognizing business opportunities.
Secondary research sources which were typically
referred to include but are not limited to: company websites, annual
reports, financial reports, broker reports, investor presentations,
SEC filings, internal and external proprietary databases as well as
relevant patent and regulatory database, national government
documents, statistical databases, market reports, news articles,
press releases, industry magazines, webcasts specific to companies
operating in the market, Platt’s Global, IEA (International Energy
Agency), Lloyds Register, International modules for STCW (Standards
of Training, Certification and Watch-keeping), ICS (International
Chamber of Shipping), MARPOL (Marine Pollution), UNCTAD (United
Nations Conference on Trade and Development), U.S. Energy Information
Administration (EIA), BP Statistical Review of the World (2014), IACS
(International Association of Classification Societies) and
regulatory databases such as ICIS, Hoover’s, oneSOURCE, Factiva and
Bloomberg, national government documents, statistical databases,
market reports, news articles, press releases, Global Wind Energy
Council (GWEC), European Wind Energy Association (EWEA) and webcasts
specific to companies operating in the marine fuel management market.
We conduct primary interviews on an ongoing basis
with industry participants and commentators to validate data and
analysis. These help validate and strengthen secondary research
findings. These also help develop the analysis team’s expertise and
market understanding.
Companies Mentioned in Report
Key major companies operating in the offshore wind
energy market include and are not limited to Sinowel Wind Group Co.,
Ltd., Siemens Wind Power, Dong Energy A/S, Gamesa Corporacion
Technologica S.A., Nordex S.E, Vestas Wind Systems A/S, Suzlon Group,
China Ming Yang Wind Power Group Ltd., GE Wind Energy, and Goldwind
Science Technology Co., Ltd.
The Asia Pacific Offshore Wind Energy has been
segmented as follows:
Asia Pacific Offshore Wind Energy Market:
by Foundation Type Segmentation
- Monopile
- Jacket
- Tripod
- Floating
- Others (which includes key stone twisted jackets)
Asia Pacific Offshore Wind Energy Market:
by Country
- China
- Japan
- South Korea
- India
- Rest of Asia Pacific
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