Fossil fuels are
depleting and there is an associated negative impact on health,
environment and energy security with the use of fossils. This has
left people, governments and industries scouring for alternative
sources of energy. The recent spurt in government support and
favorable regulations across countries such as China, Germany, the
U.S., India, France and the UK has led to increasing investments in
the renewable energy market.Wind is one of the important sources of
energy utilized by humans. Wind turbines are used to generate
electricity from wind energy. The blades of turbine are connected to
adrive shaft which turns a generator to produce electricity. Usually
wind turbines were set upon land but now-a-days wind turbines are
built offshore as well due to highpotential wind source availability.
Complete Report
Offshore Wind Turbines Market with TOC :
http://www.transparencymarketresearch.com/offshore-wind-turbines-market.html
Offshore wind
turbines refer to the infrastructures made in the water bodies to
generate electricity through wind power. These turbines help to
generate higher rates of electricity as stronger wind speeds are
available offshore compared to land, thus, contributing toelectricity
supply.The electrical energyproduced from wind energy is directly
proportional to the cube of wind speed, as a result slight increase
in wind speed can produce large amounts of electricity. The
manufacturing and design of offshore wind turbines depend on site
conditions, particularly the depth of water, geology of the seabed,
and wave loading.Hence, the turbines are made with different
technical specifications and system requirements based on the desired
location condition.
The
growth in demand for wind turbines is because of the ascent in focus
on utilization of renewable resources of energy. Developing awareness
for preservation of naturalresources which are likely to get extinct
in future, is anticipated to boost the interest inthe utilization of
wind energy for creating electricity. Moreover, fast increment in
establishment of offshore wind turbines is expected during the coming
years as offshore sites have proven to be very reliable in terms of
availability of wind. . Further, because of the accessibility of huge
unused space over the water bodies, bigger foundation can be
fabricated helping in expanded creation of power.Also,transportation
of the equipment through ocean is simple and is another critical
variable driving the growth of offshore wind turbines
market.Increasing governmental regulations for
ecologicaladvantageareexpected to augment the establishment of new
offshore wind farms during the coming years.
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Offshore
wind turbine technology is rapidly evolving in order to meet the
future project needs,wherein the offshore sites are anticipated to be
deeper and far from the shore. The technological advancements and
development have helped the industry to provide innovative cutting
edge solutions and further aided high energy production. Some of the
key factor hindering the offshore wind turbine market is the high
construction costs compared to the onshore wind turbine equipment, as
they are built stronger and more durable in order to withstand rough
weather conditions.
The
offshore wind turbines market can be categorized on the basis of
foundation type which includes monopole foundation, gravity base
foundation, tripod piled foundation, tripod suction caisson
foundation, steel jacket foundation, and floating wind turbines
foundation. Some of the key players of the offshore wind turbines
market are Siemens AG, Vestas, Goldwind Science & Technology Co.,
Ltd., Gamesa, General Electric, Sinovel Wind Group Co.,Ltd, Suzlon
Group, and Nordex SE.
This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends. Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Middle East and Africa
- Latin America
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
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Press Release:
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This
report is a complete study of current trends in the market, industry
growth drivers, and restraints. It provides market projections for
the coming years. It includes analysis of recent developments in
technology, Porter’s five force model analysis and detailed
profiles of top industry players. The report also includes a review
of micro and macro factors essential for the existing market players
and new entrants along with detailed value chain analysis.
Reasons
for Buying this Report
This
report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
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