Offshore wind energy market size is anticipated to exceed USD 130 billion by 2023.
Offshore wind energy market size is anticipated to exceed USD 130 billion by 2023. Rising number of wind farms is expected to drive the market growth over the forecast period. Europe offshore wind energy market is expected to dominate the global industry. The surge in the region can be attributed to increasing government policies. The European Union is expected to have set the electricity generation targets such as 35% from the renewable and 12% from wind sources. The region is anticipated to install 40 GW of wing energy generation system over forth coming years. As of 2013, the region was estimated to produce 5 GW of this energy. In addition, the industry is likely to add up 4.5 GW of production units annually over the next seven years. Get sample pages from latest research report @ Asia pacific offshore wind energy market size is anticipated to witness significant growth from 2016 to 2023. The region is expected to add up 1.5 GW of additional capacities annually and is estim...