๐๐ซ๐๐๐ค๐ข๐ง๐ ๐๐จ๐ฐ๐ง ๐ญ๐ก๐ $๐๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐๐๐ฌ๐ก๐จ๐ซ๐ ๐๐ข๐ง๐ ๐๐ฎ๐ซ๐๐ข๐ง๐๐ฌ ๐๐๐ฆ๐๐ง๐: ๐๐จ๐ฉ ๐ ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐ข๐ง๐ ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ข๐๐ฌ ๐ข๐ง ๐
๐จ๐๐ฎ๐ฌ
Industry revenue for Offshore Wind Turbines is expected to rise to $35.0 billion by 2030 from $22.3 billion of 2024. The revenue growth of industry players is estimated to average at 7.8% annually for period 2024 to 2030. Growing end-industries in major countries like China, U.S. and UK, is driving the market demand towards short-term peak; and with such a growth trajectory, Offshore Wind Turbines's from raw material acquisition to operations & maintenance is expected to evolve & shift towards integration. Recent market developments indicate that leading market players are making the strategic market advancements in frontier markets including Taiwan, Brazil and South Africa.
Industry Leadership and Strategies
Companies such Siemens Gamesa Renewable Energy, Vestas Wind Systems, General Electric Company, Nordex SE, Goldwind Science and Technology, Enercon GmbH, Senvion S.A, United Power, Envision Energy, MingYang Smart Energy, Dongfang Electric Corporation Limited and Suzlon Energy Ltd are well placed in this marketโs competition, which is intensely competitive at application scale.
Industry Transitions
The offshore wind turbine sector is moving towards constructing more efficient models to enhance cost effectiveness and boost electricity generation capacity from each offshore site significantly.
A significant shift influencing the wind turbine market is the advancement and use of floating turbines instead of fixed ones anchored to the seabed.
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